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MarketScreener Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Advantech Co., Ltd.    2395   TW0002395001

ADVANTECH CO., LTD.

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Advantech : Celebrates 2019 Achievements and Success

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12/04/2019 | 12:06pm EST

Embedded IoT Company Highlights Major Growth and Accomplishments in 2019, While Looking Ahead to 2020

Advantech, a global leader of advanced IoT intelligence systems and embedded platforms, closes out a successful year by recapping its 2019 accolades and achievements. This includes being honored by Wendy’s™ and its Quality Supply Chain Co-Op, Inc. (QSCC) with the Golden Link Award for Supply Chain Excellence – the highest honor for the QSCC’s supplier and distributor partners.

Additionally, Advantech was honored with Frost & Sullivan’s prestigious 2019 Asia Pacific ‘Company of the Year’ award for its medical computing solutions. The company was recognized for delivering best practices in growth, innovation and leadership to drive innovation that meets the upcoming needs of the healthcare industry.

Advantech works with ecosystem partners to fulfill its corporate vision of enabling an intelligent planet and is currently ranked fifth on the Best Taiwan Global Brands list for the second year in a row. Viewed as a global brand, with a local touch, Advantech not only invests in local projects and training resources in America, Europe and Asia, but it also opened new offices in Japan, Israel and Turkey in 2019.

“This year, Advantech was recognized across a variety of industry verticals for its innovative IoT hardware and software solutions that help businesses create ecosystems to accelerate the goal of industrial intelligence,” said Ween Niu, general manager of Advantech North America. “In addition to our professional growth, Advantech targets double-digit year-over-year revenue growth for 2019. We expect this growth pattern to continue into 2020 and beyond.”

Looking ahead, Advantech plans to build a new headquarters in Southern California to develop enterprise-academic collaboration and promote brand awareness. Furthermore, a two-year plan has begun to add eight new regional sales offices across the U.S. to reduce its work-from-home employee ratio, with the aim of creating a better workplace culture and to nurture domestic talent development.

For more information about Advantech, visit: www.advantech.com.

ABOUT ADVANTECH: Founded in 1983, Advantech is a world-leader in providing trusted, innovative embedded and automation products and solutions. With a portfolio of over 1,000 products and a network of more than 8,000 talented people working in 92 major cities worldwide, the Industry 4.0 accelerator offers a comprehensive Internet of Things (IoT) portfolio, customer-centric design services and global logistics support. Renowned for developing and manufacturing high-quality, high-performance hardware and software computing components as well as complete platforms for more than 30 years, the billion-dollar company collaborates closely with select partners across a diverse range of market sectors to provide edge-to-cloud solutions for a wide array of applications—driving smart cities, smart factories and the advancement of industrial and commercial IoT—while achieving the collective corporate vision of enabling an intelligent planet. Advantech is a subsidiary of Advantech Co., Ltd. (TAIDEX: 2395). For more information, visit www.Advantech.com. Find Advantech on Facebook, Twitter, LinkedIn and Google+.


© Business Wire 2019
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Financials (TWD)
Sales 2019 54 799 M
EBIT 2019 9 236 M
Net income 2019 7 671 M
Finance 2019 10 682 M
Yield 2019 2,37%
P/E ratio 2019 28,9x
P/E ratio 2020 25,7x
EV / Sales2019 3,84x
EV / Sales2020 3,43x
Capitalization 221 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 318,07  TWD
Last Close Price 316,00  TWD
Spread / Highest target 15,5%
Spread / Average Target 0,66%
Spread / Lowest Target -17,7%
EPS Revisions
Managers
NameTitle
Ko Chen Liu Chairman & Chief Executive Officer
Ching Hsi Chen President, Head-Finance & General Manager
Shu Yan Tsai President, General Manager & President-IIoT
Ming Chin Wu Vice President-Operations
Jui Hsiang Yang Chief Technology Officer
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