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Right Way Industrial Co., Ltd. (Taiwan, China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Right Way Industrial Co., Ltd. Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

"Right Way Industrial Co., Ltd. was established in 1964。 In 1973 Rende branch plant was completed and began to produce automotive transmission parts. On August 11, 1980 IPO market. In 1989 it turned investment in Malaysia, and set up Right Way Industries (Malaysia) Co., Ltd., obtaining 74% stake. In 1994, its products including piston,connecting rod vehicles, steering parts and wheels obtained ISO-9002 quality assurance system approved registration by Commodity Inspection Bureau Ministry of Economic Affairs. In 1996,it established EXCELLENTGROWTHINVESTMENTSLIMITED in British Virgin Islands, and commissioned to set up Right Way Auto Parts (Fuzhou) Co., Ltd. in mainland China. In the same year it turned investment to Chevalier (HK) Co., Ltd. in the British Virgin Islands, holding 45 percent stake, to Sermon Industrial Co., Ltd., holding 99.88% stake, and to Love Daihatsu Motor Co., Ltd., holding 10 percent stake. In 1997 it invested in Right Way international Technology (shares) Company, holding 51 percent equity,and in Sermon Industries (Malaysia) Co.,Ltd., holding 100% equity. In 2002 it obtained ISO-14001 environmental management system certification."

Headquarters
No.1015 Chung Cheng West Rd, Ta Chia Village, Jeng-Der Shiang
Tainan City; Tainan City;

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Website: http://www.rightway.com.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 13, 1965
Key Executives
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Chairman
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Vice President
Ownership Details
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17.84%
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Subsidiaries
Excellent Growth Investments Limited
100%
Right Way North America Inc.
100%
正道工業(馬來西亞)私人有限公司 (Malaysia)
79.63%
Company Performance
Financial values in the chart are available after Right Way Industrial Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
-10.23%
Total operating revenue
-9.78%
Operating profit (EBIT)
-83.46%
EBITDA
-40.55%
Net Profit (Loss) for the Period
-63.41%
Total assets
-0.38%
Total equity
1.86%
Operating Profit Margin (ROS)
-6.2%
Net Profit Margin
-5.63%
Return on Equity (ROE)
-1.88%
Debt to Equity Ratio
-0.23%
Quick Ratio
0.32%
Cash Ratio
-0.17%

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