Pegatron Corp.
In the news
- Luxshare grows into China's iPhone champion with help from Apple Aug 14, 2020
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- China's Luxshare buys iPhone plant to strengthen Apple ties Jul 17, 2020
- Apple to produce millions of AirPods in Vietnam amid pandemic May 8, 2020
- Apple suppliers scramble to keep vast factories virus-free Feb 13, 2020 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 2019 | TWD | USD |
| Revenue | 1,366.28B | 44,198.23M |
| Gross Profit | 43,141.80M | 1,395.60M |
| Operating income | 16,948.44M | 548.26M |
| Income before tax | 25,407.62M | 821.91M |
| Net income | 19,317.74M | 624.91M |
| EBITDA | 35,512.79M | 1,148.80M |
| Diluted EPS | 7.32 | 0.23 |
| Dividends Per Share | 4.50 | 0.14 |
| Total Assets | 570,519.79M | 19,031.91M |
| Total liabilities | 377,274.28M | 12,585.45M |
| Total equity | 157,665.06M | 5,259.53M |
| Operating cash flow | 77,256.81M | 2,499.19M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 1,213.71B | 1,157.71B | 1,193.80B | 1,340.00B | 1,366.28B |
| Gross Profit | 73,786.23M | 61,640.55M | 44,843.91M | 38,992.42M | 43,141.80M |
| Operating income | 39,785.50M | 32,484.30M | 19,197.66M | 11,930.63M | 16,948.44M |
| Income before tax | 39,198.86M | 29,082.80M | 20,417.53M | 15,083.23M | 25,407.62M |
| Net income | 23,811.62M | 19,339.81M | 14,682.98M | 11,114.86M | 19,317.74M |
| EBITDA | 53,469.11M | 45,388.12M | 32,303.66M | 28,403.58M | 35,512.79M |
| Diluted EPS | 9.10 | 7.42 | 5.63 | 4.22 | 7.32 |
| Dividends Per Share | 5.02 | 4.92 | 4.00 | 3.50 | 4.50 |
| Total Assets | 476,086.66M | 443,945.23M | 488,235.61M | 584,350.61M | 570,519.79M |
| Total liabilities | 283,748.13M | 261,923.03M | 308,511.80M | 397,903.83M | 377,274.28M |
| Total equity | 150,380.13M | 148,269.59M | 145,975.73M | 150,028.83M | 157,665.06M |
| Operating cash flow | 7,517.64M | 71,256.04M | 17,877.82M | -23,182.96M | 77,256.81M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 38,222.27M | 35,897.09M | 39,240.70M | 44,437.93M | 44,198.23M |
| Gross Profit | 2,323.67M | 1,911.28M | 1,474.02M | 1,293.08M | 1,395.60M |
| Operating income | 1,252.92M | 1,007.24M | 631.03M | 395.65M | 548.26M |
| Income before tax | 1,234.45M | 901.76M | 671.12M | 500.19M | 821.91M |
| Net income | 749.87M | 599.66M | 482.63M | 368.59M | 624.91M |
| EBITDA | 1,683.85M | 1,407.34M | 1,061.82M | 941.93M | 1,148.80M |
| Diluted EPS | 0.28 | 0.23 | 0.18 | 0.14 | 0.23 |
| Dividends Per Share | 0.15 | 0.15 | 0.13 | 0.11 | 0.14 |
| Total Assets | 14,494.06M | 13,774.71M | 16,406.59M | 19,011.31M | 19,031.91M |
| Total liabilities | 8,638.47M | 8,126.93M | 10,367.18M | 12,945.43M | 12,585.45M |
| Total equity | 4,578.19M | 4,600.50M | 4,905.34M | 4,881.05M | 5,259.53M |
| Operating cash flow | 236.74M | 2,209.43M | 587.64M | -768.80M | 2,499.19M |
Valuation Measures
| Dec 2019 | |
| PER | 9.24 |
| ROA | 3.34% |
| ROE | 12.55% |
| Operating margin | 1.24% |
| Profit margin | 1.41% |
Key executives
- Chairman & Group CEO: Tzu Hsien Tung
- President, Chief Executive Officer, GM & Director: Syh-Jang Liao
- Chief Operating Officer & Senior Vice President: Te-Tzu Yao
- Head-Finance & Spokesman: Hsiang Hsiang Wu
- Senior Vice President-Research & Development: Pei-Chin Wang
Shareholders
- ASUSTek Computer, Inc. (17.1%)
- Yuanta Securities Investment Trust Co., Ltd. (11.9%)
- TONG ZI XIAN (3.7%)
- The Vanguard Group, Inc. (2.7%)
- BlackRock Fund Advisors (1.6%)
- Dimensional Fund Advisors LP (1.3%)
- Norges Bank Investment Management (1.2%)
- Eastspring Investments (Singapore) Ltd. (0.4%)
- BlackRock Advisors (UK) Ltd. (0.4%)
- Charles Schwab Investment Management, Inc. (0.4%)
Contact Details
- Website:http://www.pegatroncorp.com
- Address: 5F, No. 76 Ligong Street, Taipei, 112 61, Taiwan
- Phone: +886.2.81439001
Related Companies
- Pegasus Ace Ltd.
- 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
- Compal Electronics, Inc.
- Quanta Computer Inc.
- Inventec Corporation
- Universal Scientific Industrial (Shanghai) Co., Ltd. Class A
- Wistron Corporation
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Last Updated on 24 Nov, 2020
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