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LARGAN Precision Co., Ltd.
- 3,410.00 TWD
- -10.00
- -0.29%
Taiwan
Apr 20, 2018Ticker
TAI(3008)Prev. close
3,420.00Market cap (TWD)
458,759MMarket cap (USD)
15,604.60MShares
134.14M
In the news
- Taiwan's tech sector still sluggish despite sales rebound Apr 13, 2018
- Xiaomi supplier Q Tech looks to build in India, following phone makers Mar 20, 2018
- Soft demand for iPhone X dents Taiwan tech sales Mar 12, 2018
- Nikkei Asia300 Index gains, boosted by Taiwanese stocks Feb 21, 2018
- Apple suppliers keep Taiwan's tech sales growing Feb 15, 2018 See more articles on LARGAN Precision Co., Ltd.
Company Background
Founded in 1987 by Scott Lin, Largan Precision is the world's leading manufacturer of smartphone camera lenses, supplying components to Apple and major Chinese cellphone makers. The company was listed on the Taiwan Stock Exchange in 2002.
Based in the central Taiwanese city of Taichung, the company achieved its current success by devoting itself to developing plastic aspherical lenses at a time when most competitors were still using glass.
Like most major Taiwanese companies, Largan is a family business. Incumbent Chairman Lin En-chou is the founder's eldest son, and Chief Executive Adam Lin is En-chou's younger brother.
Adam Lin used to be a pediatrician before joining the family business in 2006. He became the chief executive in 2010. The Lin family maintains a low profile and Adam is known to be laconic when talking with investors.
Business Summary
Financial Highlights
| Dec 2017 | TWD | USD |
| Revenue | 53,135.53M | 1,746.57M |
| Gross Profit | 36,682.14M | 1,205.74M |
| Operating income | 32,093.30M | 1,054.91M |
| Income before tax | 31,999.97M | 1,051.84M |
| Net income | 25,975.62M | 853.82M |
| EBITDA | 34,393.87M | 1,130.53M |
| Diluted EPS | 191.77 | 6.30 |
| Dividends Per Share | -- | -- |
| Total Assets | 115,901.23M | 3,894.72M |
| Total liabilities | 23,504.00M | 789.82M |
| Total equity | 92,397.23M | 3,104.90M |
| Operating cash flow | 31,573.48M | 1,037.82M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 27,433.29M | 45,810.26M | 55,868.89M | 48,324.26M | 53,135.53M |
| Gross Profit | 12,815.89M | 24,383.95M | 31,921.48M | 32,262.99M | 36,682.14M |
| Operating income | 10,781.03M | 21,066.83M | 27,654.63M | 27,913.95M | 32,093.30M |
| Income before tax | 11,552.16M | 22,931.57M | 29,165.81M | 28,236.75M | 31,999.97M |
| Net income | 9,609.79M | 19,438.09M | 24,156.52M | 22,733.02M | 25,975.62M |
| EBITDA | 12,228.84M | 22,727.96M | 29,495.39M | 30,012.45M | 34,393.87M |
| Diluted EPS | 70.63 | 142.94 | 176.92 | 167.82 | 191.77 |
| Dividends Per Share | 28.50 | 51 | 63.50 | 63.50 | -- |
| Total Assets | 38,613.55M | 61,053.58M | 83,986.57M | 97,074.46M | 115,901.23M |
| Total liabilities | 8,168.40M | 14,855.41M | 20,600.27M | 20,231.94M | 23,504.00M |
| Total equity | 30,445.15M | 46,198.16M | 63,386.29M | 76,842.51M | 92,397.23M |
| Operating cash flow | 11,298.03M | 19,826.18M | 29,240.69M | 23,998.06M | 31,573.48M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 924.26M | 1,511.72M | 1,759.42M | 1,498.38M | 1,746.57M |
| Gross Profit | 431.78M | 804.66M | 1,005.27M | 1,000.37M | 1,205.74M |
| Operating income | 363.22M | 695.20M | 870.90M | 865.52M | 1,054.91M |
| Income before tax | 389.20M | 756.73M | 918.49M | 875.53M | 1,051.84M |
| Net income | 323.76M | 641.45M | 760.73M | 704.88M | 853.82M |
| EBITDA | 412.00M | 750.01M | 928.86M | 930.59M | 1,130.53M |
| Diluted EPS | 2.37 | 4.71 | 5.57 | 5.20 | 6.30 |
| Dividends Per Share | 0.96 | 1.68 | 1.99 | 1.96 | -- |
| Total Assets | 1,295.60M | 1,931.95M | 2,556.90M | 3,012.02M | 3,894.72M |
| Total liabilities | 274.07M | 470.07M | 627.15M | 627.75M | 789.82M |
| Total equity | 1,021.52M | 1,461.87M | 1,929.74M | 2,384.26M | 3,104.90M |
| Operating cash flow | 380.64M | 654.26M | 920.84M | 744.10M | 1,037.82M |
Valuation Measures
| Dec 2017 | |
| PER | 20.75 |
| ROA | 24.39% |
| ROE | 30.69% |
| Operating margin | 60.39% |
| Profit margin | 48.88% |
Key executives
- Head-Finance & Accounting: Hsing Ju Tsao
- Vice Chairman: En Ping Lin
- Deputy General Manager: Yu Chih Huang
Shareholders
- CHEN SHIH CHING (5.0%)
- CHIANG TSUI YING (4.9%)
- LIN EN PING (4.4%)
- Capital Research & Management Co. (World Investors) (4.0%)
- LIN EN CHOU (3.0%)
- HSIEH MING YUAN (2.6%)
- The Vanguard Group, Inc. (2.5%)
- LIN YAO YING (1.8%)
- BlackRock Fund Advisors (1.8%)
- Swedbank Robur Fonder AB (1.6%)
Contact Details
- Website:http://www.largan.com.tw
- Address: Taichung Machinery Tech Park, No. 11 Jingke Road, Taichung, 408 52, Taiwan
- Phone: +886.4.3600.2345
Related Companies
- Hsing Yu Optical Co., Ltd.
- Ta Yang Technology Co. Ltd.
- Dagen (Dongguan) Photoelectric Co., Ltd.
- Largan (Hong Kong) Ltd.
- Suzhou Largan Co., Ltd.
- Ta Ken (Hong Kong) Ltd.
- Net International Trading Ltd.
- Amtai International Ltd.
- Astro International Ltd.
Competitors
- Glory Science Co., Ltd
- Kinko Optical Co. Ltd.
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