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altek corp (3059) Snapshot

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altek corp (3059) Details

Altek Corporation engages in the development, manufacture, and sale of digital image technology application products. It offers smartphone imaging solutions, including camera modules, image processors, and silicon intellectual property and software products; and autotronic imaging solutions, such as advanced driver assistance systems, including rear and side view cameras, around view monitor systems, moving object detection products, alley view monitoring systems, extended around view monitor systems, departure warning systems, infrared cameras, and lane departure warning systems. The company also provides medical imaging solutions comprising portable healthcare and diagnostic products, screening and diagnostic optics/cameras, diagnostic imaging products, single-use devices, and connected solutions; and consumer imaging solutions consisting of wearable, digital, selfie, and IP cameras, as well as driving recorders. In addition, it offers optical components, such as glass/plastic lenses, digital camera lenses, etc.; and photoelectric products, including cellphone lens, car use lens, medical use lens, etc. Further, the company develops and manufactures image processing semiconductors for cameras, cellphones, and other image processing technologies; manufactures and sells digital still cameras and its accessories; and provides electronics manufacturing services. Additionally, it is involved in the research, design, manufacture, and sale of car electronic components; research and development, manufacture, and sale of biotechnology products; wholesale, import, and export of digital cameras, digital video cameras, and related accessories; and sale of digital camera parts. It operates in Asia, Europe, and the United States. The company was formerly known as Asia Imagination Corporation and changed its name to Altek Corporation in February 1997. Altek Corporation was founded in 1996 and is headquartered in Hsinchu, Taiwan.

Founded in 1996

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altek corp
Altek Corporation Reports Earnings Results for the First Quarter Ended March 31, 2019

Altek Corporation announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 1,723.953 million compared to TWD 2,336.313 million a year ago. Operating loss was TWD 24.962 million compared to operating income of TWD 16.078 million a year ago. Net income was TWD 26.193 million compared to net loss of TWD 27.153 million a year ago. Basic earnings per share was TWD 0.1 compared to basic loss per share of TWD 0.1 a year ago.

Altek Corporation Proposes Amended and Restated Memorandum and Articles of Association

Altek Corporation announced at its Annual General Shareholders' Meeting to be held on June 13, 2019, the shareholders proposed the amended and restated Memorandum and Articles of Association.

Altek Corporation Approves Cash Dividend

Altek Corporation approved cash dividend of NTD 0.5 per share. Total amount of cash distributed to shareholders NTD 137,005,663.


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Valuation 3059 Industry Range
Price/Earnings 38.6x
Price/Sales 0.7x
Price/Book 0.8x
Price/Cash Flow 38.5x
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