Report
EUR 56.04 For Business Accounts Only

Op. leverage boosts earnings growth - 4129 TT; BUY

​Construction of the new Kaoshiung plant (phase III) and Shandong Shinva plant has started. We expect UOC’s capacity to double in 2018F. Prior investment in marketing continues to bear fruit, boosting faster net profit growth vs. sales. We believe UOC’s rapid growth in Taiwan/the US will continue in 2016F, and it also enjoys the benefits of cooperating with Shandong Shinva, a local medical-device manufacturer in China

Underlying
United Orthopedic Corp.

United Orthopedic Corporation. United Orthopedic Corporation is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of joint prosthesis products. The Company's main products consist of artificial hip joints, artificial knee joints, internal fixation of spines, orthopedic internal fixation of nails, bony plates, bony nails, osseous pins, bony screws and others. The Company distributes its products in Taiwan, the rest of Asia, the Americas, Europe and Africa markets.

Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

Other Reports on these Companies
Other Reports from Yuanta

ResearchPool Subscriptions

Get the most out of your insights

Get in touch