SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Taiwan
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

AVY Precision Technology Inc. (应华精密科技)

Main Activities: Computer and Electronic Product Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
AVY Precision Technology Inc. (应华精密科技)

Headquarters
10/F, 101, Fu Hsin N. Rd., Taipei, Taiwan; New Taipei City; New Taipei City
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
ISIN CODE : TW0005392005
Financial Auditors: PricewaterhouseCoopers (2013)
Incorporation Date: December 29, 1994
Total Employees: 30

Tel: 886-2-25472089

Company Description

AVY Precision Technology Inc., formerly known as RF-Link System, was established on December 29, 1994 and was listed in OTC in June 1999. The company is principally engaged in the design, manufacture and distribution of casings. It provides digital camera metallic casings, pressing moulds and mould materials. Its products are applied primarily in the manufacture of digital cameras. During the year ended December 31, 2009, the company obtained approximately 100% of its total revenue from casings.
More

Company Analysis

According to the Individual - Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues decreased with -0.03%, from TWD 1,184.79 millions to TWD 1,184.44 millions. Operating result decreased from TWD 375.71 millions to TWD 254.13 millions which means -32.36% change. The results of the period decreased -32.72% reaching TWD 188.5 millions at the end of the period against TWD 280.16 millions last year. Return on equity (Net income/Total equity) went from 8.50% to 5.82%, the Return On Asset (Net income / Total Asset) went from 5.83% to 4.01% and the Net Profit Margin (Net Income/Net Sales) went from 23.65% to 15.91% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 45.07% compared to 45.84% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.54 to 0.85 when compared to the previous year.

Key Executives

Tung Chiung Hsiung Chairman of the Board of Directors
Lee Min Cheng President
Kao Feng Ming Spokesperson

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

4,696

4,754

Current Assets

1,234

975

Total Liabilities

1,459

1,535

Shareholders Equity

3,237

3,219

Current Liabilities

1,458

1,526

* All the accounts are in TWD.
Income Statement

Total Operating Revenue

1,184

765

Operational Profit (Loss)

254

162

Net Profit (Loss)

188

114

* All the accounts are in TWD.
Ratios
Profitability Ratios

Return on Assets (ROA)

4.01%

2.41%

Annualised Return on Assets (ROA)

5.35%

4.82%

Return on Equity (ROE)

5.82%

3.56%

Annualised Return on Equity (ROE)

7.76%

7.12%

Return on Sales (ROS)

15.91%

14.95%

Return on Capital

5.82%

3.56%

Gross Profit Margin

14.01%

14.86%

Operating Profit Margin

8.08%

9.28%

Efficiency Ratios

Accounts Receivable Turnover

1.50x

1.14x

Current asset turnover

0.96x

0.78x

Fixed-asset turnover

236.42x

149.5x

Asset Turnover

0.25x

0.16x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

254

162

EBITDA

256

163

Enterprise value

4,798

5,016

Enterprise Value / EBITDA

18.68

30.64

Bookvalue (BV)

3,202

3,219

Net Cash

-1,150

-1,402

Liquidity Ratios

Current Ratio

84.64%

63.92%

Quick ratio

84.64%

63.92%

Doom's day ratio

21.16%

8.74%

Cash Flow to Debt

7.36%

-6.66%

Leverage Ratios

Leverage ratio

145.07%

147.7%

Interest Coverage Ratio

658.37%

602.11%

Debt to equity

45.07%

47.7%

Debt to total assets

31.07%

32.3%

Debt / Enterprise Value

30.41%

30.61%

Market ratios

Market Cap / Net cash

-3.17

-2.58

Trend Ratios

Revenue Trend

99.97%

106.18%

Net Income Trend

67.28%

66.56%

Operating Income Trend

90.83%

115.3%