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Deswell Industries Inc  (DSWL)
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Price: $2.2350 $0.07 2.995%
Day's High: $2.2492 Week Perf: 0.23 %
Day's Low: $ 2.17 30 Day Perf: -1.54 %
Volume (M): 17 52 Wk High: $ 2.89
Volume (M$): $ 37 52 Wk Avg: $2.52
Open: $2.21 52 Wk Low: $2.12



 Market Capitalization (Millions $) 36
 Shares Outstanding (Millions) 16
 Employees 1,340
 Revenues (TTM) (Millions $) 77
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 1

Deswell Industries Inc
We are an independent manufacturer of injection-molded plastic parts and components, electronic products and subassemblies and metallic molds and accessory parts for original equipment manufacturers, or “OEMs” and contract manufacturers. We conduct all of our manufacturing activities at separate plastics, electronics and metallic operation factories located in the People’s Republic of China.
We produce a wide variety of plastic parts and components that are used in the manufacture of consumer and industrial products, using different plastic injection technologies, such as film injection, integrated injection and insert injection. The products include:

· plastic components of electronic entertainment products;
· cases for flashlights, telephones, paging machines, projectors and alarm clocks;
· toner cartridges and cases for photocopy and printer machines;
· parts for electrical products such as air-conditioning and ventilators;

· parts for audio equipment;
· cases and key tops for personal organizers and remote controls;
· double injection caps and baby products ;
· parts for medical products such as apparatus for blood tests;
· laser key caps; and
· automobile components.
Electronic products manufactured by the Company include:

· sophisticated professional audio equipment including digital audio workstation, digital or analogue mixing consoles, instrument amplifiers, signal processors, firewire/USB audio interfaces, keyboard controllers and speaker enclosures;
· high end home theatre audio products, such as 7.1-channel audio-visual Hi-Fi stereo receivers-amplifiers;
· complex printed circuit board assemblies using surface mount technology (“SMT”), automatic
insertion (“AI”) and pin-through-hole (“PTH”) interconnection technologies; and
· telecommunication products, such as VoIP keysets for business communications.

Historically, metal products manufactured by the Company include metallic molds and necessary parts used in audio equipment, telephones, copying machines, pay telephones, multimedia stations, automatic teller machines, vending machines, and more. As manufacturing of the metallic components is considered to be one of the production processes that may emit pollutants, during the year ended March, 31, 2015 the Company gradually outsourced manufacturing of the metal components used in assembly of the Company’s audio products. Since March, 2015, all the metallic components used in assembly of the Company’s audio products were provided by third party suppliers

As part of its manufacturing operations, the Company consults with its customers in the design of plastic parts and the design and production of the molds used to manufacture plastic parts, which are made by Deswell at its customers’ expense, and provides advice and assistance in the design and manufacturing of printed circuit boards. The Company believes that its ability to manufacture high-end plastic and metallic accessory parts of the quality required by OEMs and contract manufacturers which furnish products and services internationally, Deswell’s expertise in designing and manufacturing molds for its customers and the Company’s low production costs distinguish Deswell from most other manufacturers of plastic products and provide it with a competitive advantage. However, this advantage has been difficult to maintain as a result of increased competition and increased production overheads during the last three fiscal years.

Industry Overview

Management believes that the injection molding and parts manufacturing industries have each benefited in recent years from a trend among major users of injection molded and metal products to outsource an increasing portion of the parts requirements and to select a small number of suppliers or a sole supplier to provide those products. The Company is not aware of any empirical data defining the manufacturing industry in China, however, management believes that injection molding firms which are much smaller than the Company make up the largest segment of the industry in China. The Company’s experience indicates that such smaller firms are often unable to react quickly and responsively to the diverse demands of many customers and are not capable of furnishing the level of quality that high-end plastic and metal products require. Management believes that this inability on the part of these smaller manufacturers has created opportunities for the Company to increase sales by catering to the outsourcing requirements of OEMs and contract manufacturers that manufacture such high-end products.

Similarly, as a result of the recognition by OEMs in the electronics industry of the rising costs of operating a manufacturing site and the need to add more sophisticated and expensive manufacturing processes and equipment, OEMs have turned increasingly to outside contract manufacturers. By doing so, OEMs are able to focus on research, product conception, design and development, marketing and distribution, and to rely on the production expertise of contract manufacturers. Other benefits to OEMs of using contract manufacturing include: access to manufacturers in regions with low labor and overhead costs, reduced time to market, reduced capital investment, improved inventory management, improved purchasing power and improved product quality. In addition, the use of contract manufacturers has helped OEMs manage production in view of increasingly shorter product life cycles.


   Company Address: 10B, Edificio Associacao Industrial De Macau Macao 0
   Company Phone Number: 28-322096   Stock Exchange / Ticker: NASDAQ DSWL
   DSWL is expected to report next financial results on July 27, 2024.


Customers Net Income grew by DSWL's Customers Net Profit Margin grew to

254.06 %

5.35 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Deswell Industries Inc

Deswell Industries Inc Experiences a Staggering 10.052% Revenue Drop in the Fourth Quarter of 2023 - A Tremendous Setback!

The stock market has always been a subject of fascination for investors and financial enthusiasts alike. It holds the promise of substantial returns and opportunities for growth, but it also presents risks and uncertainties. In this article, we will discuss the recent performance of Deswell Industries Inc. in the stock market and provide an analysis of their financial results for the January to March 31, 2023, period.
During this period, Deswell Industries Inc. experienced a decline in income per share, which decreased by -74.51% from $0.51 per share in the previous year to $0.13 per share. However, it is important to note that this figure was an improvement from the prior reporting season, where the company reported $0.00 per share. While this decline in income per share may be cause for concern, it is crucial to consider the bigger picture and analyze the overall performance of the company.






 

Deswell Industries Inc's Segments
 
 
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