Asia300

Cheng Shin Rubber Ind Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Oct 19, 2017
Prev close: 60.2
Oct 19, 2017
Market cap:
Market cap(USD):
195,133.21M
6,456.87M
Shares: 3,241.41M

Currency in TWD

Company profile

Market(Ticker): TAI(2105)
Sector:
Industry:
Consumer Durables
Automotive Aftermarket
Full time employees: --

Business summary

Cheng Shin Rubber Ind. Co., Ltd. engages in the manufacture and sale of rubber tires. Its product includes radial tires, car tires, agricultural and industrial tires, motorcycle tires, bicycle tires, and bicycle inner tube. The company was founded on January 1, 1967 and is headquartered in Changhua, Taiwan.

Company background

Cheng Shin Rubber Ind is Taiwan's largest tire maker and a top-10 global tire supplier, with factories in Taiwan, China, Vietnam and Thailand. It was founded in 1967 in the central Taiwanese county of Changhua, and was listed on the local stock exchange in 1987.

It supplies tires for cars, motorcycles and bicycles, marketing its products worldwide mainly through its Maxxis brand. Its customers include major international auto companies, such as BMW, Ford Motor and Toyota Motor.

Its chairman, Robert Lo, was born in 1953 and is the son of founder Luo Jye. Lo started working at Cheng Shin in 1989 as the vice president of the group's unit in the southern Chinese city of Xiamen. He took over from his father in 2014.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 117,387.51M
Gross profit 36,289.10M
Operating income 18,671.58M
Income before tax 17,869.85M
Net income 13,250.90M
EBITDA 30,216.64M
Diluted EPS 4.08
Dividends per share 3
Total assets 168,164.72M
Total liabilities 79,895.33M
Total equity 87,493.25M
Operating cash flow 26,987.96M

Currency in TWD

Revenue 3,639.83M
Gross profit 1,125.21M
Operating income 578.94M
Income before tax 554.09M
Net income 410.87M
EBITDA 936.92M
Diluted EPS 0.12
Dividends per share 0.09
Total assets 5,217.80M
Total liabilities 2,478.98M
Total equity 2,714.73M
Operating cash flow 836.81M

Currency in USD

Valuation measures

Dec 2016

PER 14.86
ROA 7.93%
ROE 15.00%
Operating margin 15.90%
Profit margin 11.28%

Key executive

  • General Manager & Director: Jung Hua Chen
  • Chief Financial & Accounting Officer: Yung Li Lo
  • Director & General Manager-Xiamen: Shiu-Hsiung Chen
  • Director, Deputy GM-Finance & Spokesman: Hsuan-Miao Wu
  • Deputy General Manager: Chung Jen Huang

Share holders

  • LO MING HO(11.4%)
  • LO TSAI JEN(8.7%)
  • LO CHIEH(6.9%)
  • LO MING YI(5.4%)
  • LO YUAN YU(2.7%)
  • New Labor Pension Fund(2.3%)
  • LO MING LING(2.2%)
  • Cathay Life Insurance Co., Ltd. (Invt Port)(1.9%)
  • The Vanguard Group, Inc.(1.9%)
  • CHEN SHIU HSIUNG(1.7%)

Address

  • Website: http://www.cst.com.tw
  • Address: No. 215, Mei Kang Road, Huang Tso Village, Changhua, 51545, Taiwan
  • Phone: +886.4.852.5151

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.