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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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Apple supplier Foxconn posts fastest monthly sales rise in about half a year

06/08/2018 | 06:54am EST
Visitors are seen at a Foxconn booth at the World Intelligence Congress in Tianjin

TAIPEI (Reuters) - Hon Hai Precision Industry Co Ltd, the world's largest contract electronics manufacturer, posted on Friday a 24 percent rise in its May sales, posting the biggest gain since December 2017, mainly due to strong sales in computing products.

Hon Hai, known better by its trade name Foxconn and a key supplier of Apple Inc products, took in revenues of T$347.1 billion (8.6 billion pounds) in May, up from T$279.8 billion from a year earlier, it said in a filing to the Taiwan stock exchange.

A Foxconn representative told reporters on a call after the revenue announcement that the robust growth was due to computing, consumer and communications products.

The announcement came after the Taiwan market closed. Hon Hai's shares ended down 2.9 percent, lagging the broad TAIEX index's <.TWII> 0.85 percent fall.

(Reporting by Jess Macy Yu; Editing by Jon Boyle)


© Reuters 2018
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.29% 123.08 Delayed Quote.67.17%
HON HAI PRECISION INDUSTRY CO., LTD. -0.24% 82.7 End-of-day quote.-8.92%
RISE, INC. 0.00% 24 End-of-day quote.-20.00%
WORLD CO., LTD. 1.29% 1331 End-of-day quote.-50.54%
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Financials
Sales 2020 5 144 B 181 B 181 B
Net income 2020 104 B 3 644 M 3 644 M
Net cash 2020 247 B 8 671 M 8 671 M
P/E ratio 2020 11,0x
Yield 2020 4,77%
Capitalization 1 146 B 40 213 M 40 267 M
EV / Sales 2020 0,17x
EV / Sales 2021 0,15x
Nbr of Employees -
Free-Float 87,4%
Chart HON HAI PRECISION INDUSTRY CO., LTD.
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Hon Hai Precision Industry Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HON HAI PRECISION INDUSTRY CO., LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 97,11 TWD
Last Close Price 82,70 TWD
Spread / Highest target 33,0%
Spread / Average Target 17,4%
Spread / Lowest Target -0,85%
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