Daxon Technology Inc.
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Daxon Technology Inc. - Company Capsule
Reference Code: BR0247CC
Published Date: April 2011
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Daxon Technology Inc. - Company Capsule Page 1
Daxon Technology Inc.
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Daxon Technology Inc. - Company Overview
Daxon Technology Inc. (Daxon) is a group company of BenQ Corporation which is primarily engaged in the manufacturing
and distribution of the optical media and polarizer products. Daxon also provides Bio Medical products. It provides
various storage and media products including DVD-recordable disc, DVD-rewritable disc, CD-recordable disc and CD-
rewritable disc. The polarizer products of the company are widely used in the cellular phone, digital camera, PDA,
computer, monitor, and TV. Apart from that it is being used in sunglasses, filter lens of photograph equipment, anti-dizzy
glasses, light regulator, and special glasses for medical treatment. The company is headquartered at Taoyuan in Taiwan.
Financial Performance
The company reported revenues of (Taiwanese Dollars) TWD 15,079.94 million during the fiscal year ended December
2007, an increase of 44.21% over 2006. The operating profit of the company was TWD 1,039.80 million during the fiscal
year 2007, an increase of 172.92% over 2006. The net profit of the company was TWD 728.24 million during the fiscal
year 2007, an increase of 197.44% over 2006.
Daxon Technology Inc. - Key Facts
Daxon Technology Inc., Key Facts
29 Jianguo East Road, Taoyuan,
Ticker Symbol, Stock
Corporate Address: , , Taiwan
8215 (Gre Tai Security Market)
Exchange
Telephone + 886 3 3748800 No. of Employees 4,356
Fax + 886 3 3748884 Financial Year End December
URL www.Daxontech.com Revenue (in TWD Million) 13,674.66
Technology and
Industry Revenue (in USD Million) 416.02
Communications
Locations China, Malaysia, Taiwan, China, Malaysia, Taiwan
Source: Annual Report, Company Website, Primary and Secondary Research
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Daxon Technology Inc. - Company Capsule Page 2
Daxon Technology Inc.
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Daxon Technology Inc. - Major Products and Services
Daxon is basically engaged in the manufacturing and distribution of optical storage and polarizer products. The company's
key product offerings include the following:
Daxon Technology Inc., Major Products and Services
CD-Recordable disc
CD-Rewritable disc
DVD-Recordable disc
DVD-Rewritable disc
Blu-ray disc 2X
TFT-LCD Display
Source: Annual Report, Company Website, Primary and Secondary Research
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Daxon Technology Inc. - Company Capsule Page 3
Daxon Technology Inc.
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Daxon Technology Inc. - Key Competitors
The following companies are the major competitors of Daxon Technology Inc.:
Princo Corp.
Infodisc Technology Co., Ltd
Ritek Corporation
Master Advanced Co., Ltd.
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Daxon Technology Inc. - Company Capsule Page 4
Daxon Technology Inc.
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Daxon Technology Inc. - Key Employees
Daxon Technology Inc., Key Employees
Name Job Title Board Level Since Age
KY Lee Chief Executive Officer Senior Management
Shihkun Chen Vice President Senior Management 2006 40
Ted TT Huang President Senior Management 1989 57
Eric KY Yu Chairman Executive Board 2002 53
Source: Annual Report, Company Website, Primary and Secondary Research
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Daxon Technology Inc. - Company Capsule Page 5
Daxon Technology Inc.
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Daxon Technology Inc. - Locations and Subsidiaries
Head Office
Daxon Technology Inc.
29 Jianguo East Road
Taoyuan
Taiwan
Tel: + 886 3 3748800
Fax: + 886 3 3748884
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Daxon Technology Inc. - Company Capsule Page 6
Daxon Technology Inc.
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Daxon Technology Inc. - Financial Ratios
Financial Ratios - Annual Ratios
Daxon Technology Inc., Annual Ratios
Key Ratios Unit/Currency 2009 2008 2007 2006 2005
Equity Ratios
EPS (Earnings per Share) TWD 0.21 -3.49 2.73 0.95 -5.23
Dividend per Share TWD 0.36 0.09
Dividend Cover Absolute 7.51 10.42
Book Value per Share TWD 10.09 10.06 13.87 11.09 10.1
Cash Value per Share TWD 2.65 4.61 1.53 1.61 1.3
Profitability Ratios
Gross Margin % 8.47 3.59 13.21 12.01 -9.45
Operating Margin % 1.13 -2.99 6.9 3.64 -25.09
Net Profit Margin % 0.38 -6.79 4.83 2.34 -26.92
Profit Markup % 3.73 15.23 13.65 -8.63
PBT Margin (Profit Before Tax) % 0.39 -5.52 4.97 2.34 -27.29
Return on Equity % 2.1 -34.65 20.14 8.54 -51.79
Return on Capital Employed % 2.1 -6.16 14.34 4.94 -18.31
Return on Assets % 0.44 -6.71 6.58 2.1