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MarketScreener Homepage  >  Equities  >  Taiwan Stock Exchange  >  Hon Hai Precision Industry Co., Ltd.    2317   TW0002317005

HON HAI PRECISION INDUSTRY CO., LTD.

(2317)
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Hon Hai Precision Industry : Taiwan's Foxconn says customs clearing procedures in India have been resolved

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07/02/2020 | 10:03pm EDT
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei

Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants.

Foxconn's customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been complied with, Foxconn said in a filing to Taipei stock exchange. It did not elaborate.

Customs officers at Indian ports have held back shipments from China and sought additional clearances after deadly clashes at the disputed Himalayan border last month. The increased scrutiny of imports from China has disrupted operations at Foxconn, three sources told Reuters earlier this week.

(Reporting By Yimou Lee; Editing by Shri Navaratnam)

Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. -2.27% 444.45 Delayed Quote.51.35%
HON HAI PRECISION INDUSTRY CO., LTD. -0.89% 78.3 End-of-day quote.-13.77%
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Financials
Sales 2020 5 118 B 174 B 174 B
Net income 2020 100 B 3 419 M 3 419 M
Net cash 2020 201 B 6 841 M 6 841 M
P/E ratio 2020 10,9x
Yield 2020 4,82%
Capitalization 1 085 B 36 887 M 36 923 M
EV / Sales 2020 0,17x
EV / Sales 2021 0,15x
Nbr of Employees -
Free-Float 87,4%
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Hon Hai Precision Industry Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends HON HAI PRECISION INDUSTRY
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 94,65 TWD
Last Close Price 78,30 TWD
Spread / Highest target 40,5%
Spread / Average Target 20,9%
Spread / Lowest Target 4,73%
EPS Revisions
Managers
NameTitle
Yang-wei Liu Chairman & Chief Executive Officer
Te Tsai Huang Head-Finance & Deputy Spokesman
Tai Ming Kuo Director
Kuo Cheng Wang Independent Director
Kuo Chuan Kung Independent Director