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Solomon Technology Corporation (Taiwan, China)

Main Activities: Engine, Turbine, and Power Transmission Equipment Manufacturing | Other Electronic Component Manufacturing | Electrical Equipment Manufacturing
Secondary Activities: Computer and Peripheral Equipment Manufacturing
Full name: Solomon Technology Corporation Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Founded in 1973, SOLOMON positioned itself as a professional dealer of electronic components from Europe, United States and Japan. In 1978, it expanded to the business of importing power equipment. In 1988, it further established four plants in automated toilet facility controls with optic electronics, LCD display module, wireless communication switching devices, and battery modules. In addition, it also engaged in the research and design of IC cards and related peripherals. In 1992, it formally became involved with the research and development of hardware and software in IC cards and became a major domestic supplier in IC cards and Reader Cards. In 1995, it engaged in joint venture with Toshiba in producing Ni MH battery units for use in notebook computers. Since then, it began to invest directly in the upper stream industries in semi-conductors and has been successfully listed its stocks in the centralized market for trading. In 1999, the SOLOMON Group was formed. It acquired the Qing Cheng Enterprises Ltd. in Hong Kong and Motorola LCD IC R&D division to found the SOLOMON Systech Ltd, which laid down the milestone for overseas expansion. In 2000, the group turns to the convergence of core competence and to create a new epoch, and actively integrates various core businesses. Diverse and effective competence in operation, high level of research and development, strong management team, and densely populated global channels allow the people of SOLOMON, whose corporate mission is satisfying the needs of the people in their daily lives, to be the endless sources of life and energy for the enterprise of SOLOMON. The SOLOMON Group takes the full fledge creation of value as the corporate objective, and endeavors for the creation of customer value, employee value and shareholder value. It upholds the symbiotic principle of jointly creating, governing, and allocation to link the efforts of each member. By doing so, SOLOMON is moving towards a global technology firm with an optimistic and long future.

Headquarters
6F,No.42, Shing Jung Rd
Taipei City; Taipei City;

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Website: http://www.solomon.com.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 07, 1990
Key Executives
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Chairman
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Chairman
Ownership Details
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9.18%
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8.14%
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5.53%
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0.08%
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0.06%
Subsidiaries
Solomon Cayman Internationa Corporation
100%
Solomon Robotics(Thai) Ltd. (Thailand)
100%
Solomon Sciencetechnology(Vn)Companylimited (Vietnam)
100%
Company Performance
Financial values in the chart are available after Solomon Technology Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
-21.79%
Total operating revenue
-19.78%
Operating profit (EBIT)
103.04%
EBITDA
-70.55%
Net Profit (Loss) for the Period
16.69%
Total assets
-3.01%
Total equity
5.24%
Operating Profit Margin (ROS)
8.23%
Net Profit Margin
5.92%
Return on Equity (ROE)
0.98%
Debt to Equity Ratio
-9.87%
Quick Ratio
0.04%
Cash Ratio
-0.23%

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