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MarketScreener Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Foxconn Technology Co Ltd    2354   TW0002354008

FOXCONN TECHNOLOGY CO LTD

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Foxconn Technology : ex chairman weighs independent candidacy in Taiwan

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09/11/2019 | 04:02am EST

TAIPEI, Taiwan (AP) — The former chairman of major contract manufacturer Foxconn met with a prominent Taiwanese lawmaker Wednesday as he weighs a possible independent run for president.

Terry Gou, who lost a bid to be the Nationalist Party candidate in July, held talks with Wang Jin-pyng, a Nationalist lawmaker and former longtime leader of the legislature.

"We both share the same idea," Gou said. "For the 23 million people in Taiwan, the interests of the people should be greater than the interests of the party."

Wang said after their meeting that Gou did not say whether he would run, only that he was still considering it.

Gou stepped down as the head of Foxconn, a contract manufacturer of electronics including the iPhone, in June. He lost the Nationalist primary the next month to Han Kuo-yu, the populist mayor of the port city of Kaohsiung.

Evelyn Tsai, an aide to Gou, said earlier this month that he would run as an independent if he enters the race, according to Taiwanese media reports. He has until Tuesday, the deadline to register as a candidate, to decide.

Gou would face Han and incumbent President Tsai Ing-wen of the Democratic Progressive Party in the January election.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed., source Associated Press News

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Financials (TWD)
Sales 2019 123 B
EBIT 2019 7 731 M
Net income 2019 8 649 M
Finance 2019 60 672 M
Yield 2019 4,70%
P/E ratio 2019 10,9x
P/E ratio 2020 10,4x
EV / Sales2019 0,28x
EV / Sales2020 0,25x
Capitalization 95 336 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 65,17  TWD
Last Close Price 67,20  TWD
Spread / Highest target 17,6%
Spread / Average Target -3,03%
Spread / Lowest Target -22,6%
EPS Revisions
Managers
NameTitle
Han Ming Li General Manager
Chih Chien Hung Chairman
Tzu Hung Li Head-Finance
Hsueh Kun Li Director
Fang I Cheng Director
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