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tcl multimedia technology (1070) Snapshot

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tcl multimedia technology (1070) Details

TCL Multimedia Technology Holdings Limited, an investment holding company, manufactures, distributes, and sells colour television sets worldwide. It operates through Television and Others segments. The company offers 3D and LED TVs, ice screens, and accessories. It is also involved in the information technology and other businesses, including the manufacture and sale of television related components; and the sale of white goods, mobile phones, and air conditioners, as well as in the property holding operations. The company is headquartered in Shenzhen, the People’s Republic of China. TCL Multimedia Technology Holdings Limited is a subsidiary of T.C.L. Industries Holdings (H.K.) Limited.

25,345 Employees
Last Reported Date: 04/23/15

tcl multimedia technology (1070) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $2.0M
Founder, Chairman, Head of Groups Management,...
Total Annual Compensation: $650.0K
Compensation as of Fiscal Year 2014.

tcl multimedia technology (1070) Key Developments

TCL Multimedia Technology Holdings Ltd. Unveils First 65” TV Featuring QD Vision’s Color IQ™ Quantum Dot Technology

TCL Multimedia Technology Holdings Ltd. expanded its Color IQ™-based product family with the introduction of its Q65H9700 65’’ 4K UHD Quantum Dot TV. This is the second Color IQ™-based TV launched by TCL, following the successful launch of its 55” H9700 model last December. Both products feature best-in-class color performance enabled by QD Vision’s Color IQ optics. TCL continues to gain industry momentum on the basis of its unique combination of innovation and value. Color IQ technology from QD Vision is the most energy-efficient and lowest-cost quantum dot solution available, enabling manufacturers to offer TVs with premium color at LCD TV prices. According to TCL, Color IQ optics enable the TCL quantum dot TVs to achieve 110% of full-gamut NTSC color performance, compared with 60-70% NTSC found in most mainstream LCD TV designs. The new TCL 65” quantum dot TV, Model Q65H9700, is a Smart UHD TV with premium Harman Kardon sound system and a sleek, minimalist design. It is available now in retail stores in China.

TCL Multimedia Technology Holdings Limited Announces Executive Changes

TCL Multimedia Technology Holdings Limited announced that Ms. XU Fang has been appointed as an executive director, a member of the strategy executive committee and a member of the remuneration committee of the company with effect from 21 May 2015 and Mr. SHI Wanwen has resigned as a non-executive director of the company with effect from 21 May 2015. Ms. XU, aged 52, is the vice president and human resources director of TCL Corporation. Ms. XU joined TCL Institute of Training of TCL Corporation as the dean in February 2004.

TCL Multimedia Technology Holdings Ltd. Reports Unaudited LCD TV Sales Volume Results for the Month and Year-to-Date Ended April 2015

TCL Multimedia Technology Holdings Ltd. reported unaudited LCD TV sales volume results for the month and year-to-date ended April 2015. For the month, the company reported LCD TV sales volume of 1,374,381 against 1,572,580 for the same period a year ago. For the period January - April 2015, the company reported LCD TV sales volume of 5,537,971 against 5,398,374 for the same period a year ago.

 

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1070

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Valuation 1070 Industry Range
Price/Earnings 33.3x
Price/Sales 0.3x
Price/Book 2.0x
Price/Cash Flow 33.9x
TEV/Sales 0.1x
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