Asia300

Pou Chen Corp.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Sep 22, 2017
Prev close: 38.4
Sep 22, 2017
Market cap:
Market cap(USD):
113,157M
3,748.27M
Shares: 2,946.79M

Currency in TWD

Company profile

Market(Ticker): TAI(9904)
Sector:
Industry:
Consumer Non-Durables
Apparel/Footwear
Full time employees: 358,977

Business summary

Pou Chen Corp. engages in the manufacture and sale of footwear. It focuses on athletic and casual footwear. It also operates sportswear retail business and brand licensee business. The company was founded on September 4, 1969 and is headquartered in Taichung, Taiwan.

Company background

Pou Chen is a holding company that controls a massive contract shoemaking empire, servicing international brands including Nike, Adidas and Puma. It operates factories in China, Vietnam and Indonesia. The company also distributes major international casualwear brands in Taiwan and China.

The company was founded in 1969 by C.J. Tsai in the central Taiwanese farming county of Changhua. It started out making rubber shoes for export, and first became a contract manufacturer in 1979 when it made shoes for Adidas.

In recent years, Pou Chen has transformed itself into a holding company by transferring shoe production to the Hong Kong-listed subsidiary Yue Yuen Industrial (Holdings) in 2002 and the distribution business to its subsidiary Pou Sheng International Holdings in 2008.

Chief Executive Patty Tsai is the daughter of C.J. She obtained a bachelor's degree in economics with a concentration in finance from the Wharton School of the University of Pennsylvania in 2002, and joined the family business in the same year. She was appointed CEO in 2012.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 274,895.34M
Gross profit 67,235.18M
Operating income 17,619.11M
Income before tax 20,007.73M
Net income 13,057.05M
EBITDA 26,256.14M
Diluted EPS 4.29
Dividends per share 1.5
Total assets 293,889.86M
Total liabilities 130,879.15M
Total equity 75,705.14M
Operating cash flow 19,257.79M

Currency in TWD

Revenue 8,523.67M
Gross profit 2,084.75M
Operating income 546.31M
Income before tax 620.37M
Net income 404.85M
EBITDA 814.12M
Diluted EPS 0.13
Dividends per share 0.04
Total assets 9,118.80M
Total liabilities 4,060.91M
Total equity 2,348.97M
Operating cash flow 597.12M

Currency in USD

Valuation measures

Dec 2016

PER 9.07
ROA 4.54%
ROE 18.01%
Operating margin 6.40%
Profit margin 4.74%

Key executive

  • Chairman & General Manager-Administration: Lu Min Chan
  • Chief Executive Officer & Director: Pei Chun Tsai
  • President, General Manager & Director: Chin Chu Lu
  • Head-Finance & Deputy Spokesman: Ya Fen Chang
  • Executive Vice President: Pan Tsu Wu

Share holders

  • TSAI CHI JUI(15.5%)
  • Chuan Mao Investment Co. Ltd.(5.5%)
  • Kai Tai Investment Co. Ltd.(4.5%)
  • Fubon Life Insurance Co., Ltd.(3.2%)
  • The Vanguard Group, Inc.(3.1%)
  • Seafarer Capital Partners LLC(2.1%)
  • GIC Pte Ltd. (Investment Management)(1.7%)
  • BlackRock Fund Advisors(1.5%)
  • Dimensional Fund Advisors LP(1.2%)
  • Norges Bank Investment Management(1.2%)

Address

  • Website: http://www.pouchen.com
  • Address: No. 600 Taiwan Boulevard Section 4, Xitun District, Taichung, 40764, Taiwan
  • Phone: +886.4.2461.5678

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