Daxon Technology Inc. - Company Capsule

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					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
				
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