Pegatron Corp.
- 60.90 TWD
- +0.80
- +1.33%
Taiwan
Apr 19, 2019Ticker
TAI(4938)Prev. close
60.10Market cap (TWD)
159,063.49MMarket cap (USD)
5,157.78MShares
2,611.88M
In the news
- Trade-war-hit Chinese manufacturers cut hiring and pay Feb 28, 2019
- Foxconn axes 50,000 seasonal jobs as Apple slowdown bites Jan 18, 2019
- Taiwan tech struggles to find growth path in fog of trade war Jan 12, 2019
- Asian stocks fall as Apple warning stokes fears of supplier crunch Jan 4, 2019
- Foxconn steps up job cuts amid soft iPhone demand Nov 23, 2018 See more articles on Pegatron Corp.
Company Background
Pegatron is the second-largest contract electronics manufacturer in Taiwan, after Hon Hai Precision Industry, better known as Foxconn Technology Group. Pegatron's total assets exceed $14 billion. The company has a diverse product lineup, including motherboards, desktop PCs, notebooks, wireless systems, game consoles and TVs. By category, around 60% of sales come from smartphones and other communications devices.
The company is a major assembler for Apple. The U.S. technology giant reportedly allotted a small portion of its iPhone 4 orders to Pegatron, which led to the Taiwanese company landing a much bigger contract for the iPhone 5c in 2013. To make room for further growth, Pegatron has been building up its production capacity. It plans to spend up to $300 million in 2015 to expand its plants, including one in Suzhou, in China's Jiangsu Province.
Founded in 2008, Pegatron was once the production arm of Taiwan's Asustek Computer. Before joining Pegatron, Chairman T.H. Tung was one of the co-founders of Asus and served as that company's vice chairman. Asus remains the largest shareholder in Pegatron, with a roughly 17% stake.
Business Summary
Financial Highlights
| Dec 2018 | TWD | USD |
| Revenue | 1,340.00B | 44,437.93M |
| Gross Profit | 38,992.42M | 1,293.08M |
| Operating income | 11,930.63M | 395.65M |
| Income before tax | 15,083.23M | 500.19M |
| Net income | 11,114.86M | 368.59M |
| EBITDA | 28,403.58M | 941.93M |
| Diluted EPS | 4.22 | 0.14 |
| Dividends Per Share | 3.50 | 0.11 |
| Total Assets | 584,350.61M | 19,011.31M |
| Total liabilities | 397,903.83M | 12,945.43M |
| Total equity | 150,028.83M | 4,881.05M |
| Operating cash flow | -23,182.96M | -768.80M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 1,019.73B | 1,213.71B | 1,157.71B | 1,193.80B | 1,340.00B |
| Gross Profit | 57,450.68M | 73,786.23M | 61,640.55M | 44,843.91M | 38,992.42M |
| Operating income | 28,326.36M | 39,785.50M | 32,484.30M | 19,197.66M | 11,930.63M |
| Income before tax | 26,582.41M | 39,198.86M | 29,082.80M | 20,417.53M | 15,083.23M |
| Net income | 14,658.13M | 23,811.62M | 19,339.81M | 14,682.98M | 11,114.86M |
| EBITDA | 42,078.40M | 53,469.11M | 45,388.12M | 32,303.66M | 28,403.58M |
| Diluted EPS | 6.17 | 9.10 | 7.42 | 5.63 | 4.22 |
| Dividends Per Share | 4.03 | 5.02 | 4.92 | 4.00 | 3.50 |
| Total Assets | 457,093.14M | 476,086.66M | 443,945.23M | 488,235.61M | 584,350.61M |
| Total liabilities | 282,221.91M | 283,748.13M | 261,923.03M | 308,511.80M | 397,903.83M |
| Total equity | 133,670.93M | 150,380.13M | 148,269.59M | 145,975.73M | 150,028.83M |
| Operating cash flow | 48,604.83M | 7,517.64M | 71,256.04M | 17,877.82M | -23,182.96M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 33,651.17M | 38,222.27M | 35,897.09M | 39,240.70M | 44,437.93M |
| Gross Profit | 1,895.86M | 2,323.67M | 1,911.28M | 1,474.02M | 1,293.08M |
| Operating income | 934.76M | 1,252.92M | 1,007.24M | 631.03M | 395.65M |
| Income before tax | 877.21M | 1,234.45M | 901.76M | 671.12M | 500.19M |
| Net income | 483.71M | 749.87M | 599.66M | 482.63M | 368.59M |
| EBITDA | 1,388.57M | 1,683.85M | 1,407.34M | 1,061.82M | 941.93M |
| Diluted EPS | 0.20 | 0.28 | 0.23 | 0.18 | 0.14 |
| Dividends Per Share | 0.13 | 0.15 | 0.15 | 0.13 | 0.11 |
| Total Assets | 14,464.05M | 14,494.06M | 13,774.71M | 16,406.59M | 19,011.31M |
| Total liabilities | 8,930.50M | 8,638.47M | 8,126.93M | 10,367.18M | 12,945.43M |
| Total equity | 4,229.82M | 4,578.19M | 4,600.50M | 4,905.34M | 4,881.05M |
| Operating cash flow | 1,603.94M | 236.74M | 2,209.43M | 587.64M | -768.80M |
Valuation Measures
| Dec 2018 | |
| PER | 12.08 |
| ROA | 2.07% |
| ROE | 7.50% |
| Operating margin | 0.89% |
| Profit margin | 0.82% |
Key executives
- President, Chief Executive Officer & Director: Syh-Jang Liao
- Chief Operating Officer & Senior Vice President: Te-Tzu Yao
- Spokesman, Head-Finance & Accounting Department: Chiu Tan Lin
- Senior Vice President-Research & Development: Pei-Chin Wang
- Chief Technology Officer & Senior Vice President: Chung Yu Huang
Shareholders
- ASUSTek Computer, Inc. (17.1%)
- TONG ZI XIAN (3.5%)
- The Vanguard Group, Inc. (2.6%)
- Dimensional Fund Advisors LP (2.1%)
- BlackRock Fund Advisors (1.8%)
- Norges Bank Investment Management (1.2%)
- BlackRock Japan Co., Ltd. (0.6%)
- Eastspring Investments (Singapore) Ltd. (0.6%)
- BlackRock Advisors (UK) Ltd. (0.5%)
- Acadian Asset Management LLC (0.4%)
Contact Details
- Website:http://www.pegatroncorp.com
- Address: No. 76 Ligong Street, 5th Floor, Taipei, 112 61, Taiwan
- Phone: +886.2.81439001
Related Companies
- Pegatron Service Singapore Pte Ltd.
- Pegatron Corp. (Guangdong Province)
- Pegatron Corp. (Chongqing Province)
- Pegatron Corp. (Jiangsu Province)
- Pegatron Corp. ESOP
- Pegatron Corp. (US)
- Pegatron Corp. (China)
- AVY Precision Electroplating (Suzhou) Co. Ltd /Private Group/
- Mingshuo Computer (Suzhou) Co. Ltd.
- Calrock Holdings LLC
- ASUS Service Canada
- Pega International Ltd.
- Starlink Electronics Corp.
- Chieh-Hsin International, Inc.
- Pegatron Technology Service, Inc.
- Pegatron Japan, Inc.
- Pegatron USA, Inc.
- Advansus Computer Co. Ltd.
- Pegatron Holding Ltd.
- Unihan Corp.
- ASUS Investment Co., Ltd.
- Casetek Holdings Ltd.
- Asuspower Corp.
- Asuspower Investment Co., Ltd.
- ASUSTek Investment Co., Ltd.
Competitors
- Universal Scientific Industrial (Shanghai) Co., Ltd. Class A
- Aerospace Communications Holdings Co., Ltd. Class A
- CyberTAN Technology, Inc.
Copyright © 2019 FactSet Research Systems Inc. All rights reserved.
Last Updated on 19 Apr, 2019