CSIMarket
 
Taitron Components Incorporated  (TAIT)
Other Ticker:  
 
 
Price: $3.1700 $0.04 1.278%
Day's High: $3.2098 Week Perf: -1.55 %
Day's Low: $ 3.15 30 Day Perf: -2.16 %
Volume (M): 8 52 Wk High: $ 4.32
Volume (M$): $ 27 52 Wk Avg: $3.60
Open: $3.20 52 Wk Low: $3.05



 Market Capitalization (Millions $) 19
 Shares Outstanding (Millions) 6
 Employees 20
 Revenues (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Taitron Components Incorporated

We are a national distributor of brand name electronic components and supplier of original designed and manufactured (“ODM”) electronic components (“ODM Components”), with our product offerings ranging from discrete semiconductors through small electronic devices. We also offer value-added engineering and turn-key services, focusing on providing contract electronic manufacturers (“CEM”s) and original equipment manufacturers (“OEM”s) with ODM services for their multi-year turn-key projects (“ODM Projects”). We are incorporated in California, and were originally formed in 1989. We maintain a majority-owned subsidiary in Mexico (our Mexico subsidiary sales and distribution operations closed in May 2013) and two divisions in each of Taiwan and China.

We have developed a reputation for stocking a large selection of inventories and having an in-depth knowledge of the products in our markets. Our “superstore” strategy consists of carrying a large quantity and variety of components in inventory to meet the rapid delivery requirements of our customers. To differentiate from other distributors, we also offer ODM Components, which are manufactured electronic components based on our own engineering specifications under the private label brand “TCI” through manufacturing partners. Our inventory consisted of approximately 12,000 different products manufactured by more than 100 different suppliers. Our Taiwan and China locations provide support for inventory sourcing, purchases and coordinating the manufacture of our ODM Components and ODM Projects (collectively we refer to as “ODM Products”). Our China location also serves as the engineering center responsible for making component datasheets and test specifications, arranging pre-production and mass production at our manufacturer partners, preparing samples, monitoring the quality of shipments, performing failure analysis reports, and designing circuits with partners for ODM projects.

Discrete semiconductors are basic electronic building blocks. One or more different types of discrete semiconductors generally are found in the electronic or power supply circuitry of products as diverse as automobiles, televisions, radios, telephones, computers, medical equipment, airplanes, industrial robotics and household appliances. The term “discrete” is used to differentiate those single function semiconductor products which are packaged alone, such as transistors or diodes, from those which are “integrated” into microchips and other integrated circuit devices.

The U.S. electronics distribution industry is composed of national, international, regional and local distributors. Electronics distributors market numerous products, including active components (such as transistors, microprocessors and integrated circuits), passive components (such as capacitors and resistors) and electromechanical, interconnect and computer products. We focus our distribution efforts almost exclusively on discrete semiconductors, optoelectronic devices and passive components, a small subset of the electronic components market.

Semiconductors can be broadly divided into two categories - discrete semiconductors, including transistors, diodes, rectifiers and bridges, which are packaged individually to perform a single or limited function, and integrated circuits (“IC”s), such as microprocessors and other “chips,” which can contain from a few to several million transistors and other elements in a single package, which are usually designed to perform complex tasks. However, the commodity ICs, a combination of a limited number of discrete and passive components in one package, are far less sophisticated than other integrated circuits and perform simple tasks in circuits similar to discrete components.

While other integrated circuits may garner more public exposure, discrete semiconductors and commodity ICs, the ancestral root of today’s complicated integrated circuits, have been a core element of electric equipment for more than 30 years. Discrete semiconductors and commodity ICs are found in most consumer, computer, communication, automotive, instrumentation, medical, industrial and military electrical and electronic applications.

Discrete semiconductors and commodity ICs represent only a small subset of the different types of semiconductors currently available. Discrete semiconductors and commodity ICs are generally more mature products with a more predictable demand, more stable pricing and more constant sourcing than other products in the semiconductor industry, and are thus less susceptible to technological obsolescence than other, more complex, integrated circuits.

Discrete Semiconductors and Commodity Integrated Circuits

Semiconductors can be broadly divided into two categories - discrete semiconductors, including transistors, diodes, rectifiers and bridges, which are packaged individually to perform a single or limited function, and integrated circuits (“IC”s), such as microprocessors and other “chips,” which can contain from a few to several million transistors and other elements in a single package, which are usually designed to perform complex tasks. However, the commodity ICs, a combination of a limited number of discrete and passive components in one package, are far less sophisticated than other integrated circuits and perform simple tasks in circuits similar to discrete components.

While other integrated circuits may garner more public exposure, discrete semiconductors and commodity ICs, the ancestral root of today’s complicated integrated circuits, have been a core element of electric equipment for more than 30 years. Discrete semiconductors and commodity ICs are found in most consumer, computer, communication, automotive, instrumentation, medical, industrial and military electrical and electronic applications.

Discrete semiconductors and commodity ICs represent only a small subset of the different types of semiconductors currently available. Discrete semiconductors and commodity ICs are generally more mature products with a more predictable demand, more stable pricing and more constant sourcing than other products in the semiconductor industry, and are thus less susceptible to technological obsolescence than other, more complex, integrated circuits.

Optoelectronic Devices and Passive Components

In addition to discrete semiconductors, we offer optoelectronic devices such as LED’s, infrared sensors and opto couplers, along with passive devices, such as resistors, capacitors and inductors which are electronic components manufactured with non-semiconductor materials. We market these optoelectronic devices and passive components through the same channels, as the discrete semiconductors.

Electronics Distribution Channels

Electronic component manufacturers, which we refer to as suppliers, sell components directly to CEMs and OEMs, as well as to distributors. The practice among the major suppliers is generally to focus their direct selling efforts on larger volume customers, while utilizing distributors to reach small and medium-sized CEMs and OEMs, as well as smaller distributors. Many suppliers consider electronic distributors to be an integral part of their businesses. As a stocking, marketing and financial intermediary, the distributor relieves its suppliers of a portion of their costs and personnel associated with stocking and selling products, including otherwise sizable investments in warehousing, logistics and finished goods inventories. By having geographically dispersed selling and delivery capabilities, distributors are often able to serve small and medium-sized companies more effectively and economically than can the supplier.

Electronic distributors are also important to CEMs and OEMs. CEMs and OEMs frequently place orders which are of insufficient size to be placed directly with the suppliers or require delivery schedules not available from suppliers. Distributors offer product availability, selection and more rapid and flexible delivery schedules keyed to meet the requirements of their CEM and OEM customers. Also, they often rely upon electronic distributors to provide timely, knowledgeable access to electronic components.

There is also pressure on the suppliers, CEMs and OEMs to maintain small inventories. Inventory is costly to maintain and thus suppliers desire to ship finished goods as soon as the goods are manufactured. CEMs and OEMs typically demand “just in time” delivery -- receipt of their requirements immediately prior to the time when the components are to be used. Distributors fill this niche.

ODM Service Industry

ODM service providers have experienced rapid change and growth as an increasing number of OEMs outsource their manufacturing requirements. OEMs have continued to turn to outsourcing in order to reduce product cost; achieve accelerated time-to-market and time-to-volume production; access advanced design and manufacturing technologies; improve inventory management and purchasing power; and reduce their capital investment in manufacturing resources. This enables OEMs to concentrate on what they believe to be their core strengths, such as new product definition, design, marketing and sales. We believe further growth opportunities exist for ODM service providers to penetrate the worldwide market. By designing private brand products to OEM customers in the US, we are able to expand export sales to overseas CEM customers.




   Company Address: 28040 West Harrison Parkway Valencia 91355 CA
   Company Phone Number: 257-6060   Stock Exchange / Ticker: NASDAQ TAIT
   TAIT is expected to report next financial results on March 30, 2024.


Customers Net Income grew by TAIT's Customers Net Profit Margin fell to

28.6 %

-207.61 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SPRS        0.72% 
CAAS        2.11% 
• View Complete Report
   



Dividend

Taitron Components Announces Quarterly Cash Dividend - Driving Returns for Shareholders

Published Fri, Feb 2 2024 9:05 PM UTC


Los Angeles-based semiconductor company, Taitron Components Incorporated (NASDAQ:TAIT), has released some exciting news for its shareholders. The company's Board of Directors has declared a quarterly cash dividend of $0.05 per share of common stock. Payable on February 29, 2024, the dividend will benefit stockholders of record as of February 16, 2024.
Under Taitron'...

Taitron Components Incorporated

Taitron Components Incorporated Witnesses Shocking Drop in Revenue During Q3 2023 - Is This the Beginning of the End?

During the past 5 days, the shares of Taitron Components Incorporated experienced a slight improvement of 0.29%. While this may not seem significant, it brings the year-to-date performance to -1.15%. Additionally, the company's shares are currently trading 3% above their 52-week low.
However, the recent earnings report for the third quarter of 2023 paints a somewhat different picture. Taitron Components Incorporated saw a decline in income of -12.5%, with earnings per share dropping from $0.08 to $0.07 compared to the previous year. Furthermore, income faded by -22.22% from $0.09 per share during the preceding reporting season.

Dividend

Taitron Components Incorporated Prioritizes Shareholder Returns with Quarterly Cash Dividend Declaration

Published Fri, Oct 27 2023 8:05 PM UTC

Taitron Components Incorporated Declares Quarterly Cash Dividend, Prioritizing Shareholder Returns
LOS ANGELES, Oct. 27, 2023 - Taitron Components Incorporated (NASDAQ:TAIT), a leading provider of electronic components, has recently announced that its Board of Directors has approved a quarterly cash dividend of $0.05 per share of common stock. The dividend is scheduled t...

Taitron Components Incorporated

Headwinds Amidst Tumultuous Times: Taitron Components Incorporated Faces Challenging Financial Storms, revealing a 46.595% Plummet in Revenue

Taitron Components Incorporated, an Electronic Parts & Equipment company, has reported a decrease in income and revenue for the most recent fiscal period. Income decreased by 10% from $0.10 per share to $0.09 per share compared to the previous year, and by 30.77% from $0.13 per share from the prior quarter.
The decline in revenue was significant, with a decrease of 46.595% to $1.49 million from $2.79 million in the same quarter a year prior. Sequentially, revenue fell by 28.571% from $2.09 million.
Furthermore, the bottom-line of $0.531 million in the most recent fiscal period suffered a 13.38% decline from zero gain in the corresponding period a year before. This indicates a decrease in profitability for the company.

Taitron Components Incorporated

Tech Company Taitron Components Incorporated Delivers Impressive Financial Performance in Q1 2023

Taitron Components Incorporated has recently declared its financial results for the first quarter of 2023. The tech company announced an income per share of $0.13 and a revenue of $1.78 million, showing a significant improvement in its financial performance. Although its income per share dived by $0.13 compared to the first quarter of 2022, the company saw a remarkable 34.407% increase in revenue in the same period. This is exciting news for investors as they realize the potential of this company.
The rise in revenue is a clear indication that Taitron Components Incorporated has been making strategic business decisions that have paid off. This is a remarkable feat, especially in the current economic climate. Despite the unfavorable market conditions, the company has managed to increase its revenue. This demonstrates the company's resilience and its excellent ability to weather the storm.






 

Taitron Components Incorporated's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com