Lite-On Technology Corporation
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Lite-On Technology Corporation Financial Snapshot
Operating Performance
Fast Facts
The company reported revenue of US$7,291.46
Headquarters Address 392 Ruey Kuang Road, Chungho, ,Taiwan
million during the fiscal year 2010 (2010). The
company's revenue grew at a CAGR of 1.65% during
Telephone + 886287982888
2006–2010, with an annual growth of 29.60% over
2009. In 2010, the company recorded an operating
Fax + 886287982866 margin of 5.96%, as against 5.22% in 2009.
Website www.liteon.com
Revenue and Margins
Ticker Symbol, Stock Exchange 2301, Taiwan Stock Exchange
Number of Employees 95,576
Fiscal Year End December
Revenue (in US$ million) 7,291.46
Revenue (in TWD million) 230,045.48
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
13.15% for 2010, as compared to its peers, Compal
Market leading position Substantial debts Electronics Inc. (Ticker: 2324), Quanta Computer Inc.
(Ticker: 2382) and Canon Inc. (Ticker: 7751), which
recorded ROEs of 20.57%, 16.66% and 9.32%
Robust research and development respectively. The company reported a net profit
margin of 5.96% in 2010.
Wide product portfolio
Return on Equity
Opportunities Threats
Demand for LED Foreign exchange risks
High availability of pirated/counterfeit
Growing semiconductor market
goods
Restructuring plan Regulations from RoHS and WEEE
Liquidity Position
The company reported a current ratio of 1.44 in 2010,
as compared to its peers, Compal Electronics Inc.,
Quanta Computer Inc. and Canon Inc., which
recorded current ratios of 1.35, 1.24 and 2.38
respectively. As of December 2010, the company
recorded cash and short-term investments of worth
US$1,672.40 million, against US$114.04 million
current debt. The company reported a debt to equity
ratio of 0.35 in 2010 as compared to its peers,
Compal Electronics Inc., Quanta Computer Inc. and
Canon Inc., which recorded debt to equity ratios of
0.35, 1.47 and 0.01 respectively.
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Lite-On Technology Corporation - SWOT Profile Page 1
Lite-On Technology Corporation
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Operational Efficiency ......................................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.2.5 Valuation ..........................................................................................................................................................14
2.3 Competitive Benchmarking ..................................................................................................................................15
2.3.1 Market Capitalization .......................................................................................................................................16
2.3.2 Efficiency ..........................................................................................................................................................17
2.3.3 Capital Expenditure ..........................................................................................................................................18
2.3.4 Valuation ..........................................................................................................................................................19
2.3.5 Turnover – Inventory and Asset .......................................................................................................................20
2.3.6 Liquidity ........................................................................