Friday, February 9, 2018

Ionics, Inc. (ION)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Ionics, Inc. (ION)
Sector
Industrial
Incorporation Date
Sep 10, 1982
Subsector
Electrical Components & Equipment
Number of employees
Board of Directors
Chairman: Lawrence C. Qua
Website / E-mail
http://www.ionics-ems.com / rose.vicente@ionics-ems.com
2. Stock Information
Total Assets
USD 68,256,000
Market Capitalization
1,833,316,872.48
Total Liabilities
USD 23,830,000
Outstanding Shares
837,130,992
Retained Earnings
USD 20,264,000
Listed Shares
857,974,996
Listing Date
Jul 18, 1995
Issued Shares
857,974,992
Board Lot
1,000
Free Float Level (%)
34.88%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Aqua Holdings, Inc.
Social Security System
Leonardo Siguion Reyna
40.04%
07.01%
08.96%
4. Company Descriptions and Business Development
Notes
1. Lawrence C. Qua is the founding chairman.
Overview
It is a total one-stop shop Electronics Manufacturing Services (EMS) provider. It has been the EMS solutions provider to some of the world’s biggest Original Equipment Manufacturers (OEM) for over 38 years. It is essentially a Contract Electronics Manufacturer (CEM). It manufactures telecommunication, automotive, computer, consumer electronic, medical and plastic products.
Business
Revenue contribution in 2016 (in thousand US dollars)
Computer Peripherals
Telecom
Automotive
Consumer
Electronics
Real Estate
Others
15,466
24,954
2,600
4,649
2,521
508
30.51%
49.22%
5.13%
9.17%
4.97%
1%
Except for the rental income of IPI, all revenues are from the export to Asian countries.


Subsidiaries / Associates / Affiliates / Joint Ventures
Ionics EMS, Inc.(IEMS, 97%) is in charge of manufacturing business of the group.
Ionics Properties, Inc. (IPI, 100%)
Iomni Precision, Inc. (Iomni, 100%)
Synertronix, Inc. (SI, 100%)

+++++++++++++++++++++++++++++++++++++++++

MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...