Jung Shing Wire Co., Ltd. (1617.TW) Stock

About Jung Shing Wire Co., Ltd.

Jung Shing Wire Co., Ltd. engages in the manufacture and sale of magnet wires in Taiwan, Mainland China, Japan, the Philippines, and internationally. The company offers general magnet wires for motors, transformers, generators, telecommunication, automobile, auto-controlling equipment, home appliance, electronic apparatus, aerospace industry, etc.; heat-resistant magnet wires heat-resistant coils, transformers, heat-resistant motors, refrigeration compressors, ignition coils, electric tool motors, etc.; self-bonding magnet wires; and special magnet wires, including ribbon wires, parallel-laid multi-wires, copper-clad aluminum wires, aluminum magnet wires, litz wires, high-tension magnet wires, silver magnet wires, silver- plate magnet wires, and surge resistance magnet wires. In addition, it manufactures and sales inverters, DC converters, and modules. Further, the company engages in production of heat dissipation 3D ceramic substrates; enameled wire and stranded wire; and import, export and investment business. Additionally, its products are used in automotive components, inductors, RF components, and voice and watch coils. Jung Shing Wire Co., Ltd. was incorporated in 1971 and is based in Tainan City, Taiwan.

Jung Shing Wire Co., Ltd. (1617.TW) stock trades at $18.55 with a market capitalization of $2.93B. The stock is valued at a price-to-earnings (P/E) ratio of 21.08, price-to-book of 1.32, price-to-sales of 0.77. Over the past 52 weeks the stock has ranged between $13.90 and $26.95, and currently trades 31.2% below its 52-week high. It pays a dividend yielding 3.23%.

On profitability, Jung Shing Wire Co., Ltd. generates a return on equity (ROE) of 10.40%, an operating margin of 2.60%, a net profit margin of 6.08%.

Official website: www.jswire.com.tw