Last $0.56 SGD
Change Today -0.02 / -3.45%
Volume 1.2M
As of 4:04 AM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

hi-p international ltd (HIP) Snapshot

Open
$0.58
Previous Close
$0.58
Day High
$0.58
Day Low
$0.55
52 Week High
01/29/15 - $0.79
52 Week Low
03/6/14 - $0.53
Market Cap
457.6M
Average Volume 10 Days
599.6K
EPS TTM
$0.01
Shares Outstanding
817.2M
EX-Date
--
P/E TM
43.8x
Dividend
$0.01
Dividend Yield
1.07%
Current Stock Chart for HI-P INTERNATIONAL LTD (HIP)

Related News

No related news articles were found.

hi-p international ltd (HIP) Related Businessweek News

No Related Businessweek News Found

hi-p international ltd (HIP) Details

Hi-P International Limited operates as a vertically integrated contract manufacturer serving the wireless telecommunications, consumer electronics and computing, and automotive industries. It operates through three segments: Precision Plastic Injection Molding; Mold Design and Fabrication; and Provision of Sub-Product Assembly and Full-Product Assembly Services. The company offers industrial and product design, manufacture, and assembly services; and ancillary value-added services, such as surface decoration finishing and precision metal stamping. It is also involved in the manufacture and sale of molds and special tools, related housing appliance plastic components and equipment, and water treatment equipment; plastic components and plastic product modules; mold base and components; electric components and electronic communication equipment; trays; in-mold decoration lenses; metal precision components; and metal and non-metal stampings, as well as provision of spray painting, engineering support, maintenance, and technology consultation services. In addition, the company is engaged in the design, development, and manufacture of automated machinery and equipment; purchase and sale of tools, molds, plastic and metal components, equipment, commodities, and scrap material; design and fabrication of dies; and manufacture, SMT, assembly, and trade of flexible printed circuit boards and flexible rigid printed circuit boards. It has operations primarily in the People's Republic of China, Poland, Singapore, Thailand, Taiwan, Europe, the United States, and the rest of Americas. The company was founded in 1980 and is headquartered in Singapore.

Founded in 1980

hi-p international ltd (HIP) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

hi-p international ltd (HIP) Key Developments

Hi-P International Limited Announces First and Final Dividend

Hi-P International Limited recommended a first and final dividend of 1.0 Sing cents per share compared to 0.6 Sing cents a year ago, representing a payout ratio of 78.1%.

Hi-P International Limited Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Announces Impairment for the Fourth Quarter Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

Hi-P International Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of SGD 314,429,000 against SGD 344,539,000 a year ago, mainly due to a decline in orders from two key customers as a result of the drop in their market demand and changes in business direction. The decrease was partially offset by the orders from existing and new customers, which was in line with strategy to increase allocation from existing customers and diversify customer base. Profit before tax was SGD 18,133,000 against loss before tax of SGD 13,525,000 a year ago. Profit attributable to owners of the company was SGD 14,994,000 against loss attributable to owners of the company of SGD 14,513,000 a year ago. Net cash flows used in operations was SGD 31,156,000 against net cash flow from operating activities of SGD 87,263,000 a year ago. Purchase of property, plant and equipment was SGD 33,473,000 against SGD 21,276,000 a year ago. Earnings per diluted ordinary share were 1.83 cents. Net profit increased due to: positive shift in product mix, no further costs incurred in connection with the consolidation and relocation of TJ plant to SZ plant, reversal of warranty provision, insurance claim, gain on liquidation of subsidiary and continuous improvement on cost control. For the full year, the company reported revenue of SGD 951,396,000 against SGD 1,262,467,000 a year ago, mainly due to a decline in orders from two key customers as a result of the drop in their market demand and changes in business direction. The decrease was partially offset by the orders from existing and new customers, which was in line with strategy to increase allocation from existing customers and diversify customer base. Profit before tax was SGD 15,713,000 against SGD 11,187,000 a year ago. Profit attributable to owners of the company was SGD 10,464,000 against SGD 6,398,000 a year ago. Net cash flows used in operations was SGD 36,573,000 against net cash flow from operating activities of SGD 81,980,000 a year ago. Purchase of property, plant and equipment was SGD 65,758,000 against SGD 66,187,000 a year ago. Acquisition of intangible asset was SGD 251,000 against SGD 472,000 a year ago. Earnings per diluted ordinary share were 1.28 cents against 0.78 cents a year ago. Net asset value per ordinary share based on issued share capital at the end of the period was 74.14 cents against 73.09 cents a year ago. Net profit increased by 63.5% due to: no further costs incurred in connection with the consolidation and relocation of TJ plant to SZ plant, absence of PPE impairment due to fire incident, reversal of warranty provision, insurance claim, gain on liquidation of subsidiary and continuous improvement on cost control. CAPEX amounted to SGD 113.9 million. Net debt as at Dec. 31, 2014 was SGD 2.2 million. The company reported impairment loss on property, plant and equipment of SGD 884,000 for the fourth quarter ended December 31, 2014. The company announced that barring any other unforeseen circumstances, the group expects higher revenue in first quarter of 2015 as compared to first quarter of 2014. The group expects to record a loss in first quarter of 2015. The group expects higher revenue and profit in 2015 as compared to 2014.

Hi-P International Limited Announces Redesignation of Yeo Tiong Eng from Nonexecutive Director to Independent Director

The Board of Directors of Hi-P International Limited announced that Mr. Yeo Tiong Eng has been re-designated from Non-Executive Director to an Independent Director of the Company with effect from 30 January 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HIP:SP $0.56 SGD -0.02

HIP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Balda AG €2.97 EUR +0.002
Flextronics International Ltd $11.99 USD +0.045
Laird PLC 344.50 GBp +6.50
Lite-On Technology Corp 41.50 TWD -0.50
View Industry Companies
 

Industry Analysis

HIP

Industry Average

Valuation HIP Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HI-P INTERNATIONAL LTD, please visit www.hi-p.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.