Asia300

Lite-On Technology Corp.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 17, 2017
Prev close: 37.6
Nov 17, 2017
Market cap:
Market cap(USD):
88,392.6M
2,938.1M
Shares: 2,350.87M

Currency in TWD

Company profile

Market(Ticker): TAI(2301)
Sector:
Industry:
Electronic Technology
Computer Peripherals
Full time employees: --

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.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 229,571.75M
Gross profit 29,965.64M
Operating income 12,709.26M
Income before tax 12,560.40M
Net income 9,416.35M
EBITDA 19,516.65M
Diluted EPS 4
Dividends per share 2.92
Total assets 210,856.78M
Total liabilities 131,576.35M
Total equity 75,931.53M
Operating cash flow 14,487.16M

Currency in TWD

Revenue 7,118.32M
Gross profit 929.14M
Operating income 394.07M
Income before tax 389.46M
Net income 291.97M
EBITDA 605.15M
Diluted EPS 0.12
Dividends per share 0.09
Total assets 6,542.45M
Total liabilities 4,082.54M
Total equity 2,356.00M
Operating cash flow 449.20M

Currency in USD

Valuation measures

Dec 2016

PER 12
ROA 4.47%
ROE 12.39%
Operating margin 5.53%
Profit margin 4.10%

Key executive

  • 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

Share holders

  • SUNG KUNG YUAN(7.0%)
  • Ta Jung Investment Co. Ltd.(3.5%)
  • The Vanguard Group, Inc.(3.1%)
  • Fubon Life Insurance Co., Ltd.(2.8%)
  • BlackRock Fund Advisors(2.8%)
  • Nan Shan Life Insurance Co., Ltd.(2.8%)
  • Dimensional Fund Advisors LP(2.4%)
  • Ming Hsing Investment Co. Ltd.(1.9%)
  • Grantham, Mayo, Van Otterloo & Co. LLC(1.7%)
  • GIC Pte Ltd. (Investment Management)(1.7%)

Address

  • Website: http://www.liteon.com
  • Address: 22nd Floor, No. 392 Ruey Kuang Road, Taipei, 114 92, Taiwan
  • Phone: +886.2.8798.2888

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