Asia300

Taiwan Cement Corp.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 23, 2018
Prev close: 36.85
Feb 23, 2018
Market cap:
Market cap(USD):
156,483.84M
5,345.48M
Shares: 4,246.50M

Currency in TWD

Company profile

Market(Ticker): TAI(1101)
Sector:
Industry:
Non-Energy Minerals
Construction Materials
Full time employees: --

Business summary

Taiwan Cement Corp. engages in the production and marketing of cement, cement products, furnace powder and ready-mixed concrete. Its products are used in general engineering and construction projects such as dams, road repair works, tunnels, bridges, sewers, and offshore construction works. The company was founded in May 1946 and is headquartered in Taipei, Taiwan.

Company background

Taiwan Cement is a cement and concrete maker that caters mainly to local and Chinese clients. It was founded in 1946 by the Taiwanese government. In 1954, the government transferred ownership to the powerful Koo family.

The branch of the Koo family that controls the company also has vast business interests in tourism and health care in Taiwan.

Current Chairman Leslie Koo is the second son of Koo Chen-fu, a tycoon who acted as the top China negotiator for former Taiwanese President Lee Teng-hui in the 1990s. Leslie earned an MBA from the Wharton School of the University of Pennsylvania in 1981 and joined Taiwan Cement the following year. He became chairman in 2003.

Under his watch, Taiwan Cement has expanded aggressively into China in recent years. He has also ventured into the garbage-processing business on the mainland amid a cement glut in China.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 98,300M
Gross profit --
Operating income 13,600M
Income before tax 13,400M
Net income --
EBITDA --
Diluted EPS --
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in TWD

Revenue 3,231.13M
Gross profit --
Operating income 447.03M
Income before tax 440.46M
Net income --
EBITDA --
Diluted EPS --
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 17.95
ROA --
ROE --
Operating margin 13.83%
Profit margin --

Key executive

  • Senior Vice President: Chi-May Wang
  • Senior Deputy General Manager: Chi Mei Wang
  • Deputy General Manager: Ko Fu Lu
  • Head-Accounting Department: Kuo Hung Yeh
  • Senior Deputy General Manager & Spokesman: Chien Chiang Huang

Share holders

  • Chinatrust Investment Co., Ltd.(4.2%)
  • KOO CHENG YUN FAMILY(3.6%)
  • The Vanguard Group, Inc.(3.2%)
  • Dimensional Fund Advisors LP(2.3%)
  • China Synthetic Rubber Corp.(2.2%)
  • BlackRock Fund Advisors(2.2%)
  • Norges Bank Investment Management(1.1%)
  • JF Asset Management Ltd.(0.8%)
  • BlackRock Advisors (UK) Ltd.(0.6%)
  • Chia Hsin Cement Corp.(0.6%)

Address

  • Website: http://www.taiwancement.com
  • Address: 113, Section 2, Zhongshan North Road, Zhongshan District, Taipei, 10448, Taiwan
  • Phone: +886.2.2531.7099

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