Asia300

TPK Holding Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 23, 2018
Prev close: 72.9
Feb 23, 2018
Market cap:
Market cap(USD):
29,645.78M
1,012.70M
Shares: 406.66M

Currency in TWD

Company profile

Market(Ticker): TAI(3673)
Sector:
Industry:
Electronic Technology
Electronic Components
Full time employees: --

Business summary

TPK Holding Co., Ltd. engages in the research, development, production, and sale of touch sensors, touch modules, and touch screens. Its products include touch panel products, touch modules and sensors, indium tin oxide glass, and protective glass. The company was founded on November 21, 2005 and is headquartered in Taipei, Taiwan.

Company background

TPK Holding is a major manufacturer of touch panels for smartphones, tablets and PCs. Its client list includes Apple of the U.S. and Chinese smartphone makers. The Taiwan-based company's main production facilities are in Xiamen, in China's Fujian Province.

Chairman Michael Chiang established TPK in 2005, having recognized the potential of touch panels. Previously, he founded Taiwan Video & Monitoring to tap the VCR and monitor market.

Until the early 2000s, resistive touch panels, which respond to pressure on the display surface, were the norm. Chiang's company improved technology for transparent projected capacitive touch screens, which respond to even a light touch. He established a mass production system and supplied panels to Apple for the first iPhone, released in 2007. That made capacitive touch panels an industry standard.

TPK boosted capital spending on expectations that Microsoft's Windows 8 operating system, released in 2012, would increase demand for touch panels. The market did not expand as anticipated, and the company remains saddled with overcapacity. A price war with Chinese panel producers has also intensified.

TPK in November 2014 appointed Michael Chung, a former executive of Hon Hai Precision Industry, better known as Foxconn Technology Group, as president and CEO in the hope that he would improve earnings.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 107,208M
Gross profit --
Operating income --
Income before tax 3,276M
Net income 2,404M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in TWD

Revenue 3,523.94M
Gross profit --
Operating income --
Income before tax 107.68M
Net income 79.01M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 12.60
ROA --
ROE --
Operating margin --
Profit margin 2.24%

Key executive

  • General Manager & Director: Huai Hai Chiang
  • Head-Finance: Chung Yi Chen
  • Director & Deputy General Manager: Heng Yao Chang
  • Director & Deputy General Manager: Shih Ming Liu
  • Director & Deputy General Manager: Tsung Liang Tsai

Share holders

  • CHIANG CHAO JUI(19.7%)
  • GIC Pte Ltd. (Investment Management)(3.1%)
  • Dimensional Fund Advisors LP(2.6%)
  • The Vanguard Group, Inc.(2.3%)
  • Allianz Global Investors Asia Pacific Ltd.(1.2%)
  • Norges Bank Investment Management(0.9%)
  • TPK Holding Co., Ltd.(0.8%)
  • BlackRock Fund Advisors(0.5%)
  • Bailard, Inc.(0.3%)
  • Goldman Sachs Asset Management LP(0.3%)

Address

  • Website: http://www.tpk.com
  • Address: No. 13-18, Section 6, Minquan East Road, Taipei, 114 94, Taiwan
  • Phone: +886.2.7727.1199

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