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    2449   TW0002449006

KING YUAN ELECTRONICS CO., LTD.

(2449)
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End-of-day quote Taiwan Stock Exchange  -  2022-06-23
41.55 TWD   -1.07%
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King Yuan Electronics : To represent the Company's subsidiary King Long Technology (Suzhou) Ltd. on Covid-19 status

02/15/2022 | 12:27am EDT
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Today's Information

Provided by: KING YUAN ELECTRONICS CO., LTD.
SEQ_NO 3 Date of announcement 2022/02/15 Time of announcement 13:16:59
Subject
 To represent the Company's subsidiary King Long
Technology (Suzhou) Ltd. on Covid-19 status
Date of events 2022/02/15 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/02/15
2.Company name:King Long Technology (Suzhou) Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence: King Long Technology (Suzhou) Ltd. is cooperating
with the local authorities to conduct PCR test on all employees.
Therefore, it is temporarily halting its production. King Long Technology
(Suzhou) Ltd. will resume its production with local authorities' approval.
Daily revenue of King Long Technology (Suzhou) Ltd. is about
RMB 5 million to 6 million currently. The consolidated revenue for the first
quarter of KYEC will not be impacted due to this event. And no significant
impact on the company's finances and operations.
6.Countermeasures:N/A
7.Any other matters that need to be specified:N/A

Disclaimer

King Yuan Electronics Co. Ltd. published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 05:26:06 UTC.


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Sales 2022 38 311 M 1 289 M 1 289 M
Net income 2022 7 229 M 243 M 243 M
Net Debt 2022 17 333 M 583 M 583 M
P/E ratio 2022 7,06x
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EV / Sales 2022 1,78x
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Free-Float 91,0%
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 41,55 TWD
Average target price 51,83 TWD
Spread / Average Target 24,7%
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Chin Kung Li Chairman & Chief Executive Officer
An Hsuan Liu General Manager & Director
Hsien Tsun Yang Independent Director
Hui Chun Hsu Independent Director
Ta Yeh Huang Independent Director
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