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Electronic Technology
Lite-On Technology Corp.
- 40.50 TWD
- -0.35
- -0.86%
Taiwan
Apr 20, 2018Ticker
TAI(2301)Prev. close
40.85Market cap (TWD)
96,032.90MMarket cap (USD)
3,266.54MShares
2,350.87M
In the news
- Apple's Chinese suppliers rise to record number Mar 26, 2018
- Xiaomi supplier Q Tech looks to build in India, following phone makers Mar 20, 2018
- Asia Inc. comes roaring back in 2017 Mar 16, 2018
- Taiwan's Lite-On sells camera module business to Chinese peer Mar 2, 2018
- Apple suppliers power Taiwan tech sector's growth in October Nov 13, 2017 See more articles on Lite-On Technology Corp.
Company Background
Lite-On Technology is a major Taiwanese manufacturer of light-emitting diodes and computer peripherals. Its core businesses include LED lighting, power supply systems for electronics, and computer and game console casings.
The company was founded in 1975 by former employees of Texas Instruments. In 1983, Lite-On became the first Taiwanese electronics company to be listed on the local stock exchange.
Lite-On since 2001 has sponsored a prestigious innovation award in Taiwan, its way of fostering technological progress. In recent years, the company has built up its green credentials, particularly with power-saving technologies, leading to its inclusion in the Dow Jones Sustainability Indices.
Raymond Soong, one of the founders, is the incumbent chairman. He holds a bachelor's degree in electronic engineering from Taipei College of Technology.
Business Summary
Lite-On Technology Corp. engages in the manufacture and sale of computer information systems. It focuses on components, module, and system. Its products include power supply, optoelectronics, storage, phone camera module, network, DT casing, portable entertaining system, multi-function product printer, input device, network switch, access point, and industrial automation. The company was founded on June 2, 1975 and is headquartered in Taipei, Taiwan.
Financial Highlights
| Dec 2017 | TWD | USD |
| Revenue | 214,564.32M | 7,052.76M |
| Gross Profit | 26,483.80M | 870.52M |
| Operating income | 8,343.96M | 274.26M |
| Income before tax | 3,201.28M | 105.22M |
| Net income | 2,629.33M | 86.42M |
| EBITDA | 14,440.95M | 474.67M |
| Diluted EPS | 1.13 | 0.03 |
| Dividends Per Share | 2.92 | 0.09 |
| Total Assets | 189,995.75M | 6,384.58M |
| Total liabilities | 116,228.32M | 3,905.71M |
| Total equity | 70,511.47M | 2,369.45M |
| Operating cash flow | 10,705.37M | 351.88M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 213,214.29M | 230,631.97M | 216,928.73M | 229,571.75M | 214,564.32M |
| Gross Profit | 29,184.17M | 26,718.70M | 26,786.92M | 29,965.64M | 26,483.80M |
| Operating income | 10,042.29M | 7,126.08M | 8,652.82M | 12,709.26M | 8,343.96M |
| Income before tax | 11,588.34M | 7,747.87M | 9,882.20M | 12,560.40M | 3,201.28M |
| Net income | 8,754.84M | 6,460.80M | 7,222.89M | 9,416.35M | 2,629.33M |
| EBITDA | 17,035.18M | 14,803.13M | 15,933.08M | 19,516.65M | 14,440.95M |
| Diluted EPS | 3.73 | 2.72 | 3.05 | 4 | 1.13 |
| Dividends Per Share | 2.67 | 1.95 | 2.17 | 2.92 | 2.92 |
| Total Assets | 212,361.48M | 216,533.82M | 209,653.86M | 210,856.78M | 189,995.75M |
| Total liabilities | 133,124.33M | 137,361.19M | 129,970.27M | 131,576.35M | 116,228.32M |
| Total equity | 73,036.30M | 74,974.20M | 75,988.51M | 75,931.53M | 70,511.47M |
| Operating cash flow | 15,434.59M | 13,978.31M | 15,573.49M | 14,487.16M | 10,705.37M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 7,183.46M | 7,610.80M | 6,831.52M | 7,118.32M | 7,052.76M |
| Gross Profit | 983.25M | 881.71M | 843.57M | 929.14M | 870.52M |
| Operating income | 338.33M | 235.15M | 272.49M | 394.07M | 274.26M |
| Income before tax | 390.42M | 255.67M | 311.21M | 389.46M | 105.22M |
| Net income | 294.96M | 213.20M | 227.46M | 291.97M | 86.42M |
| EBITDA | 573.93M | 488.50M | 501.76M | 605.15M | 474.67M |
| Diluted EPS | 0.12 | 0.08 | 0.09 | 0.12 | 0.03 |
| Dividends Per Share | 0.09 | 0.06 | 0.06 | 0.09 | 0.09 |
| Total Assets | 7,125.38M | 6,851.90M | 6,382.74M | 6,542.45M | 6,384.58M |
| Total liabilities | 4,466.73M | 4,346.59M | 3,956.83M | 4,082.54M | 3,905.71M |
| Total equity | 2,450.59M | 2,372.45M | 2,313.40M | 2,356.00M | 2,369.45M |
| Operating cash flow | 520.01M | 461.28M | 490.44M | 449.20M | 351.88M |
Valuation Measures
| Dec 2017 | |
| PER | 35.92 |
| ROA | 1.31% |
| ROE | 3.59% |
| Operating margin | 3.88% |
| Profit margin | 1.22% |
Key executives
- Vice Chairman & General Manager: Kuang Chung Chen
- Deputy GM, GM-Finance & Head-Accounting: Kun Cheng Chu
- Deputy General Manager: Hui Chin Chiu
- Deputy General Manager: Hsueh Fu Liao
- Director-Investor & Public Relations: Yue Ling Wang
Shareholders
- SOONG KUNG YUAN RAYMOND (7.0%)
- Ta Rong Investment Co. Ltd. (3.6%)
- The Vanguard Group, Inc. (3.1%)
- BlackRock Fund Advisors (3.0%)
- Dimensional Fund Advisors LP (2.4%)
- Grantham, Mayo, Van Otterloo & Co. LLC (2.2%)
- Ming Hsing Investment Co. Ltd. (1.9%)
- GIC Pte Ltd. (Investment Management) (1.4%)
- Norges Bank Investment Management (1.1%)
- APG Asset Management NV (0.8%)
Contact Details
- Website:http://www.liteon.com
- Address: 22nd Floor, No. 392 Ruey Kuang Road, Taipei, 114 92, Taiwan
- Phone: +886.2.8798.2888
Related Companies
- Lite On Technology Corp. /Camera Module Bus/
- Shenzhen Lite on-Mobile Precision Molds Co., Ltd.
- Zhuhai Lite-On Mobile Technology Co. Ltd.
- Lite-On Mobile Electronic & Telecommunication Components Co.
- Lite-On Green Technologies BV
- LarView Technologies Corp.
- Lite-On Photoelectricity (Wuxi) Co. Ltd.
- Lite-On Green Technologies Australia Pty Ltd.
- Lite-On Green Technologies (Nanjing) Co. Ltd.
- Lite-On Green Energy (HK) Ltd.
- Lite-On Green Technologies (HK) Ltd.
- Lite-On Green Technology BV
- Lite-On Hui Tsai Information Services Co., Ltd.
- Lite-On Technology (Guangzhou) Investment Co. Ltd.
- Shenzhen Xuji Electronic Technology Co. Ltd.
- Wuxi Lite-on Opto Technology Co. Ltd.
- Lite-On Clean Energy Technology Corp.
- Lite-On Automotive (Wuxi) Co. Ltd.
- LTC International (L) Bhd.
- Silitek Electronics (Guangzhou) Co., Ltd.
- Lite-On (Guangzhou) Precision Mold Co., Ltd.
- Lite-On Technology (Guangzhou) Co., Ltd.
- Lite-On Green Technologies, Inc.
- Lite-On China Holding Co. Ltd. (BVI)
- Lite-On Electronics (Thailand) Co. Ltd.
- LTC Group Ltd.
- LTC International Ltd.
- Titanic Capital Services Ltd.
- Lite-On Technology USA, Inc.
- Lite-On Green Energy BV
Competitors
- Cheng Uei Precision Industry Co., Ltd.
- SemiLEDs Corporation
- Billion Electric Co., Ltd.
- NVE Corporation
- Universal Scientific Industrial (Shanghai) Co., Ltd. Class A
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