Bright International Group Limited - Company Capsule by ICDResearch

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									Bright International Group Limited

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Bright International Group Limited - Company
Capsule


Reference Code: CG0032CC
Published Date: April 2011




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Bright International Group Limited - Company Capsule                                Page 1
Bright International Group Limited

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Bright International Group Limited - Company Overview

Bright International Group Limited (Bright) is a Hong Kong based company engaged in the business of lighting products.
The company, together with its subsidiaries, designs, manufactures and sells commercial and house hold lighting
products. The major products of the company include Ceiling Mounted Fixtures, Outdoor Lighting Products, Chandeliers
and Pendants. The company operates through two business divisions worldwide, namely, Home Lighting and Commercial
Lighting. The company has two domestic divisions in the People’s Republic of China, namely, Consumer Lighting Division
(Franchised Chain Stores System) and Commercial Lighting Projects Division. The company operates in various countries
across the world which includes Hong Kong, China, Canada and the US. Bright is headquartered in Chai Wan, Hong
Kong.


Financial Performance

The company reported revenues of (Hong Kong Dollars) HKD 691.78 million during the fiscal year ended December 2009,
an increase of 1.26% over 2008. The operating profit of the company was HKD 123.32 million during the fiscal year 2009,
an increase of 263.83% over 2008. The net profit of the company was HKD 74.73 million during the fiscal year 2009, an
increase of 191.30% over 2008.

Bright International Group Limited - Key Facts

Bright International Group Limited, Key Facts



Corporate Address:                Room 9, 19th Floor, Block B, , , , Ticker Symbol, Stock         1163 (Hong Kong Stock
                                                                    Exchange                      Exchange)



Telephone                          + 852 28892013                   No. of Employees              1,900



Fax                                + 852 28984122                   Financial Year End            December



URL                               www.big1163.com                   Revenue (in HKD Million)      691.77



Industry                          Consumer Packaged Goods           Revenue (in USD Million)      89.26



Locations                         China, Hong Kong Special Administrative Region of China, Canada, United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Bright International Group Limited - Company Capsule                                                                      Page 2
Bright International Group Limited

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Bright International Group Limited - Key Competitors

The following companies are the major competitors of Bright International Group Limited:

China Electric Manufacturing Corp

Tungda Innovative Lighting Holdings Ltd

World Houseware (Holdings) Ltd

Divcom Lighting, Inc.




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Bright International Group Limited - Company Capsule                                       Page 3
Bright International Group Limited

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Bright International Group Limited - Key Employees


Bright International Group Limited, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Hsu Chen Shen              Chairman, Chief Executive Officer        Executive Board               51


Hsu Shui Sheng             Vice Chairman                            Non Executive Board           63


Ping Chun Pak              Director                                 Executive Board               68


Hsien Lin Yang             Director                                 Executive Board       2009    47


Hsiao Horng Ching          Director                                 Non Executive Board   2004    54


Yung Hui Cheng             Director                                 Non Executive Board   2007    68


Nugraha Soemampauw         Vice President - - Sales and Marketing Senior Management       2004    40


Zi Chin Lu                 Director                                 Non Executive Board   2009    46


Chung Shao Hung            Senior Manager                           Senior Management             42


Tsang Yuk Yan              Secretary                                Senior Management             36


Chi Yan Lau                Director                                 Executive Board       2009    34

Source: Annual Report, Company Website, Primary and Secondary Research




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Bright International Group Limited - Company Capsule                                                   Page 4
Bright International Group Limited

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Bright International Group Limited - Locations and Subsidiaries

Head Office

Bright International Group Limited
Room 9, 19th Floor, Block B




Tel: + 852 28892013
Fax: + 852 28984122



Other Locations & Subsidiaries

Bright International Group Limited, Subsidiaries

Bright Group (BVI) Ltd.                                             Everprofit Enterprise Co., Ltd.
Hong Kong Special Administrative Region of China                    Hong Kong Special Administrative Region of China




Bright Lighting Inc.                                                Ticko Inc.
United States                                                       Hong Kong Special Administrative Region of China




Whole Bright Industries Limited                                     Full Scene Developments Limited
China                                                               China


Source: Annual Report, Company Website, Primary and Secondary Research




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Bright International Group Limited - Company Capsule                                                                   Page 5
Bright International Group Limited

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Bright International Group Limited - Financial Ratios

Financial Ratios - Annual Ratios
Bright International Group Limited, Annual Ratios

                Key Ratios             Unit/Currency   2009         2008       2007         2006        2005
Equity Ratios
EPS (Earnings per Share)                    HKD           0.11         0.05       0.04         0.11            0.1
Dividend per Share                          HKD                        0.03       0.04         0.06        0.04
Dividend Cover                            Absolute                     1.65       0.85         2.04        2.45
Book Value per Share                        HKD           0.68         0.93       1.01         0.92        0.85
Cash Value per Share                        HKD                                                0.13        0.11
Profitability Ratios
Gross Margin                                 %           29.87        27.43      25.05        26.71       27.27
Operating Margin                             %           17.83         4.96       2.87         7.51        6.98
Net Profit Margin                            %            10.8         3.76       2.23         6.86            6.2
Profit Markup                                %           42.58        37.79      33.42        36.44       37.49
PBT Margin (Profit Before Tax)               %           12.87         4.82       2.83         7.45        6.95
Return on Equity                             %           10.52         5.31       3.52         12.2       11.46
Return on Capital Employed                   %           15.28         6.85           4.3     12.95       12.58
Return on Assets         
								
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