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FIT Hon Teng Limited (Hong Kong SAR, China)

Main Activities: Communications Equipment Manufacturing
Full name: FIT Hon Teng Limited Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company was incorporated as an exempted company with limited liability on 8 April 2013 under the laws of the Cayman Islands, with an authorized share capital of US 50,000 divided into 50,000 shares of a par value of US 1.00 each. Upon establishment, one share of par value US 1.00 was transferred at par to Foxconn Far East Hong Kong. On 13 July 2017, the Company has listed at Main Board of Hong Kong Stock Exchange.
BUSINESS MILESTONES
1981 • Hon Hai successfully developed connectors products, marking the commencement of its business of developing and producing interconnect solutions and related products.
1982 • Hon Hai commenced sales of cable assembly modules.
• The first production facility for our business was set up in Taiwan for the production of copper-based components.
2001 • Became the first mass manufacturer supplying the next generation Intel CPU Socket 478.
2004 • Developed and became the mass manufacturer of the next generation fine pitch and low profile connectors.
2006 • Successfully launched DDR3 SO-DIMM socket
2007 • Became mass manufacturer of the first generation smartphone connectors.
2008 • Worked with industry associations in setting the specifications for USB 3.0 and new generation products.
2010 • Successfully developed earphone products
2012 • AOCs and DDR4 SO-DIMM socket were successfully developed and launched
2013 • Our Company was incorporated as part of the streamlining and strategic structuring process of Hon Hai.
2014 • Completed development of wireless charging products and components.
• Worked with industry associations in setting the specifications for USB Type-C connectors and optical modules.
2015 • Acquired the optical modules business of Avago to further strengthen our existing position in the communications infrastructure end market.
• The Internet-of-Things (IoT) team was established to focus on the research and development of smart home devices.
2016 • Production facilities were set up in Bac Giang Vietnam for the production of copper-based components and accessories to further reinforce our production capabilities.

Headquarters
66-1, Chungshan Road, Tucheng District
Taipei City; Taipei City; Postal Code: 23680

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Website: http://www.fit-foxconn.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 01, 2013
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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Subsidiaries
Fit Electronic Inc. (United States)
100%
Foxconn Oe Technologies Singapore Pte. Ltd. (Singapore)
100%
New Beyond Maximum Industrial Ltd. (Samoa)
100%
Company Performance
Financial values in the chart are available after FIT Hon Teng Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-7.4%
Total operating revenue
-7.52%
Operating profit (EBIT)
-20%
EBITDA
-21.96%
Net Profit (Loss) for the Period
-23.93%
Total assets
12.02%
Total equity
3.85%
Operating Profit Margin (ROS)
-0.91%
Net Profit Margin
-0.67%
Return on Equity (ROE)
-1.94%
Debt to Equity Ratio
12.93%
Quick Ratio
-0.27%
Cash Ratio
-0.12%

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