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Electronic Technology

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. provides optoelectronics, information technology and storage devices components. It focuses on components, module, and systems. The company produces products that are used in a broad range of applications, such as computers, communications, consumer electronics, automotive electronics, LED lighting, cloud computing, industrial automation as well as biotech and healthcare. Lite-On Technology was founded on June 2, 1975 and is headquartered in Taipei, Taiwan.

Financial Highlights

Dec 2020 TWDUSD
Gross Profit26,397.21M896.50M
Operating income10,206.19M346.62M
Income before tax12,216.40M414.89M
Net income10,016.03M340.16M
Diluted EPS4.250.14
Dividends Per Share3.400.11
Total Assets176,067.23M6,266.18M
Total liabilities101,925.72M3,627.50M
Total equity73,589.67M2,619.03M
Operating cash flow16,850.88M572.29M
Currency in TWDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 229,571.75M 214,564.32M 207,109.08M 177,954.16M 157,133.62M
Gross Profit 29,965.64M 26,483.80M 26,069.24M 26,269.16M 26,397.21M
Operating income 12,709.26M 8,343.96M 7,485.81M 9,353.59M 10,206.19M
Income before tax 12,560.40M 3,201.28M 10,605.25M 12,303.76M 12,216.40M
Net income 9,416.35M 2,629.33M 7,956.83M 9,374.89M 10,016.03M
EBITDA 19,516.65M 14,440.95M 12,490.56M 13,968.48M 14,244.48M
Diluted EPS 4 1.13 3.38 3.98 4.25
Dividends Per Share 2.92 2.92 2.92 3.20 3.40
Total Assets 210,856.78M 189,995.75M 197,136.06M 186,632.50M 176,067.23M
Total liabilities 131,576.35M 116,228.32M 122,457.66M 111,991.11M 101,925.72M
Total equity 75,931.53M 70,511.47M 71,323.75M 72,459.77M 73,589.67M
Operating cash flow 14,487.16M 10,705.37M 12,375.26M 19,176.63M 16,850.88M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 7,118.32M 7,052.76M 6,868.27M 5,756.66M 5,336.60M
Gross Profit 929.14M 870.52M 864.52M 849.78M 896.50M
Operating income 394.07M 274.26M 248.24M 302.58M 346.62M
Income before tax 389.46M 105.22M 351.69M 398.01M 414.89M
Net income 291.97M 86.42M 263.86M 303.27M 340.16M
EBITDA 605.15M 474.67M 414.21M 451.86M 483.77M
Diluted EPS 0.12 0.03 0.11 0.12 0.14
Dividends Per Share 0.09 0.09 0.09 0.10 0.11
Total Assets 6,542.45M 6,384.58M 6,413.64M 6,225.85M 6,266.18M
Total liabilities 4,082.54M 3,905.71M 3,984.04M 3,735.90M 3,627.50M
Total equity 2,356.00M 2,369.45M 2,320.45M 2,417.17M 2,619.03M
Operating cash flow 449.20M 351.88M 410.39M 620.34M 572.29M

Valuation Measures

Dec 2020
Operating margin6.49%
Profit margin6.37%

Key executives

  • Vice Chairman & Group Chief Executive Officer: Warren Chen
  • Spokesman, Deputy GM, Head-Finance & Accounting: Kun Cheng Chu
  • Senior Vice President: Meng Hua Huang
  • General Manager-Photoelectric Business Group: Rex Chuang
  • Director & Deputy General Manager: Ming Feng Song


  • Ta Rong Investment Co. Ltd. (3.6%)
  • BlackRock Fund Advisors (3.0%)
  • The Vanguard Group, Inc. (2.8%)
  • Yuanta Securities Investment Trust Co., Ltd. (2.1%)
  • Ming Hsing Investment Co. Ltd. (2.0%)
  • Dimensional Fund Advisors LP (1.5%)
  • Norges Bank Investment Management (1.5%)
  • Labor Pension New Fund (1.4%)

Contact Details

  • Website:
  • Address: No. 392 Ruey Kuang Road, Neihu District, Taipei, 114 92, Taiwan
  • Phone: +886.2.8798.2888

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  • LTC International (L) Bhd.
  • Silitek Electronics (Guangzhou) Co., Ltd.
  • Lite-On (Guangzhou) Precision Mold Co., Ltd.
  • Lite-On Green Technologies, Inc.
  • Lite-On Electronics (Thailand) Co., Ltd.
  • LTC Group Ltd.
  • Lite-On Technology USA, Inc.
  • Lite-On Mobile Pte Ltd.


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Last Updated on 22 Sep, 2021

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