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Company Information |
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Full name Edison Opto Corporation (艾笛森光电) Headquarters 4F., No.800, Zhongzheng Rd., Zhonghe Dist., New Taipei City, Taiwan; New Taipei City; New Taipei City |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational Financial Auditors: KPMG Peat Marwick (2013) Incorporation Date: October 4, 2001 Total Employees: 463 Tel: 886-2-82276996 |
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Company Description |
| Edison Opto Corporation was established in October 2001. The main businesses include the production and sales of high-power LED and optical transmission components. |
Company Analysis |
| According to the Individual - Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues decreased with -5.43%, from TWD 1,905.25 millions to TWD 1,801.82 millions. Operating result decreased from TWD 228.62 millions to TWD 93.51 millions which means -59.10% change. The results of the period decreased -62.69% reaching TWD 72.16 millions at the end of the period against TWD 193.39 millions last year. Return on equity (Net income/Total equity) went from 5.58% to 1.98%, the Return On Asset (Net income / Total Asset) went from 3.88% to 1.38% and the Net Profit Margin (Net Income/Net Sales) went from 10.15% to 4.00% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 43.13% compared to 43.99% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 4.28 to 1.88 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2012 Q3C (non-cons) |
2012 Q2C (non-cons) |
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| Audited | Audited | |
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| TW Listed Company Financials | TW Listed Company Financials | |
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| Unit | Millions | Millions |
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Total Assets |
5,225 |
5,393 |
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Current Assets |
2,907 |
3,265 |
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Total Liabilities |
1,574 |
1,736 |
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Shareholders Equity |
3,650 |
3,657 |
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Current Liabilities |
1,546 |
1,338 |
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| * All the accounts are in TWD. | ||
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Total Operating Revenue |
1,801 |
1,238 |
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Operational Profit (Loss) |
93 |
86 |
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Net Profit (Loss) |
72 |
73 |
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| * All the accounts are in TWD. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
1.38% |
1.37% |
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Annualised Return on Assets (ROA) |
1.84% |
2.74% |
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Return on Equity (ROE) |
1.98% |
2.02% |
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Annualised Return on Equity (ROE) |
2.64% |
4.04% |
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Return on Sales (ROS) |
4% |
5.97% |
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Return on Capital |
1.98% |
1.83% |
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Gross Profit Margin |
12.81% |
13.84% |
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Operating Profit Margin |
2.36% |
3.8% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
4.17x |
2.40x |
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Inventory Turnover |
3.72x |
2.40x |
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Current asset turnover |
0.62x |
0.38x |
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Fixed-asset turnover |
2.49x |
1.66x |
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Asset Turnover |
0.34x |
0.23x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
93 |
86 |
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EBITDA |
162 |
130 |
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Enterprise value |
4,239 |
4,403 |
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Enterprise Value / EBITDA |
26.10 |
33.67 |
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Bookvalue (BV) |
3,630 |
3,635 |
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Net Cash |
-110 |
134 |
| Liquidity Ratios | ||
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Current Ratio |
188.02% |
243.93% |
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Quick ratio |
160.73% |
210.74% |
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Doom's day ratio |
94.65% |
139.73% |
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Cash Flow to Debt |
7.48% |
8.42% |
| Leverage Ratios | ||
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Leverage ratio |
143.13% |
147.47% |
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Interest Coverage Ratio |
1,086.06% |
1,605.73% |
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Debt to equity |
43.13% |
47.47% |
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Debt to total assets |
30.13% |
32.19% |
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Long Term Debt to Capital |
0% |
9.2% |
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Debt / Enterprise Value |
37.13% |
39.43% |
| Market ratios | ||
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Price/Book Ratio |
0 |
2.43 |
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Market Cap / Net cash |
-37.30 |
33.74 |
| Trend Ratios | ||
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Revenue Trend |
94.57% |
92.65% |
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Net Income Trend |
37.31% |
43.55% |
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Operating Income Trend |
20.01% |
25.63% |
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