Chih Lien Industrial Co., Ltd. - Company Capsule by ICDResearch

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									Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Company
Capsule

Reference Code: CN0485CC
Published Date: April 2011




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Chih Lien Industrial Co., Ltd. - Company Capsule                                    Page 1
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Company Overview

Chih Lien Industrial Co., Ltd. (Chih Lien) is engaged in the manufacturing and supplying of steel wire and steel bar
material. The company focuses on providing services to industrial machinery, precision parts, bicycle, motorcycle,
automobile, tool, household, electronic, OA machine, spring, furniture and construction. Chih Lien offers a wide range of
products which includes carbon steel, free cutting steel, steel for cold heading, alloy steel, spring steel, stainless steel,
and tool steel. The company manufactures its products through its two factories located in Shin-Wu and Dong-Guan. The
company distributes its products in Taiwan, Mainland China, Hong Kong and Southeast Asia. Chih Lien is headquartered
in Tao yuan Hsien, Taiwan.


Financial Performance

The company reported revenue of TWD1,442.24 million during the fiscal year ended 2009. The company's revenue
declined at a compounded rate of 14.4% during the period 2007-2009 with a year on year decline of 33.03% over fiscal
year 2008. During the fiscal year 2009 its operating margin was -15.9% as against the operating margin of 4.9% in fiscal
year 2008. During the fiscal year 2009 the company registered a net profit margin of -17.5% as against the net margin of
1.7% in the fiscal year 2008.




Chih Lien Industrial Co., Ltd. - Key Facts

Chih Lien Industrial Co., Ltd., Key Facts

                                  No.480, Chung Shing Rd., Sinwu
                                  Township, Taoyuan County, , ,     Ticker Symbol, Stock
Corporate Address:                                                                             2024 (Taiwan Stock Exchange)
                                                                    Exchange
                                  Taiwan


Telephone                          + 886 3 4772797                  No. of Employees           251



Fax                                + 886 3 4770875                  Financial Year End         December



URL                               www.chihlien.com.tw               Revenue (in TWD Million)   N/A



Industry                          Construction                      Revenue (in USD Million)   43.61



Locations                         Taiwan

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




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Chih Lien Industrial Co., Ltd. - Company Capsule                                                                     Page 2
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Major Products and Services

Chih Lien Industrial Co., Ltd. (Chih Lien) is engaged in the manufacture and supply of steel wire and steel bar material.
The key products offered by the company include the following:

Chih Lien Industrial Co., Ltd., Major Products and Services
Products:

Steel Bars

Steel Wires

High-Carbon Steel Wires

Low-Carbon Steel Wires

Springs

Annealed Wires

Medium-Carbon Steels

Alloy Steels

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




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Chih Lien Industrial Co., Ltd. - Company Capsule                                                                    Page 3
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Key Competitors

The following companies are the major competitors of Chih Lien Industrial Co., Ltd.:

Wei Chih Steel Industrial Co., Ltd

Mitsubishi Steel Mfg. Co., Ltd.

Tokyo Steel Manufacturing Co., Ltd.




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Chih Lien Industrial Co., Ltd. - Company Capsule                                       Page 4
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Key Employees


Chih Lien Industrial Co., Ltd., Key Employees


          Name                             Job Title                     Board Level    Since   Age


Chen Wang Hsien            General Manager                          Senior Management


Liu Chun Xing              President                                Senior Management

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




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Chih Lien Industrial Co., Ltd. - Company Capsule                                                  Page 5
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Locations and Subsidiaries

Head Office

Chih Lien Industrial Co., Ltd.
No.480, Chung Shing Rd.
Sinwu Township, Taoyuan County
Taiwan
Tel: + 886 3 4772797
Fax: + 886 3 4770875



Other Locations & Subsidiaries


Chih Lien Industrial Co., Ltd., Locations



Chih Lien Industrial Zone, Wu Sha Sec
Dong Guan
China
Tel: + 86 769 8531 2723
Fax: + 86 769 8541 6259

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




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Chih Lien Industrial Co., Ltd. - Company Capsule                                    Page 6
Chih Lien Industrial Co., Ltd.

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Chih Lien Industrial Co., Ltd. - Financial Ratios

Financial Ratios - Capital Market Ratios
Chih Lien Industrial Co., Ltd., Ratios based on current share price

                                                Key Ratios                                                          10-Sep-2010
Enterprise Value/Sales                                                                                                 1.16
Enterprise Value/Total Assets                                                                                          0.84
Note: Above ratios are based on share price as of 10-Sep-2010. The above ratios are absolute numbers.
Source: Annual Report, Company Website, Primary and Secondary Research




Financial Ratios - Annual Ratios
Chih Lien Industrial Co., Ltd., Annual Ratios

                Key Ratios                       Unit/Currency               2009           2008         2007       2006          2005
Equity Ratios
EPS (Earnings per Share)                               TWD                       -2.26           0.32        -0.1       1.29         -0.92
Book Value per Share                                   TWD                        8.23          10.54      10.13       10.36         9.24
Cash Value per Share                                   TWD                        0.51           0.54       0.86        0.
								
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