Started in 1986, the company was previously known as Jurong 24 Hrs Automation Services Pte Ltd and took on the name of Jurong Technologies Industrial Corpn Pte Ltd in 1996. The company was converted to a public limited company and adopted its present name on 17 March 2000.
JTIC provides electronics contract manufacturing services to original equipment manufacturers (OEMs) in the computer peripherals, networking and telecommunication sectors. The company is primarily involved in printed circuit board assembly (PCBA) either on consignment or turnkey basis and its services include: product and process design; materials procurement and management; protyping and complete unit assembly (box builds). Its main products segments can be categorised under hard disks, and graphics and sound cards and others. The company's manufacturing facilities are located in Singapore and Cemerlang, Johor, Malaysia.
Recent Stock Performance
For the 52 weeks ending 1/4/02, the stock of this company was up 14.9% to 0.27 Singapore Dollars. During the past 13 weeks, the stock has increased 68.8%.
During the 12 months ending 6/30/01, earnings per share totalled 0.02 Singapore Dollars per share. Thus, the Price / Earnings ratio is 13.50. These 12 month earnings are greater than the earnings per share achieved during the last fiscal year of the company, which ended in December of 2000, when the company reported earnings of 0.02 per share. Earnings per share rose 6.3% in 2000 from 1999.
This company is currently trading at 0.68 times sales. The three companies vary greatly in terms of price to sales ratio: trading from 0.08 times all the way up to 2.56 times their annual sales. Jurong Technologies Industrial Corporati is trading at 1.80 times book value.
FY00 Turnover - (Single segment)Provides eletronics contract manufacturer services to OEMs in the computer perpherals, networking and telecom sectors.
1 HF01 - profit surged 48% on the back of a doubling in sales. Company attrited to good results to the continuing shift to its business mix from consigned to turnkey business.Jurong Tech expects to maintain its level of performance for the whole of FY01.
(wef = 21/11/2001) |
