Fortune Oriental Company Limited

Taiwan Stock Exchange 2491.TW

Fortune Oriental Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.07

Fortune Oriental Company Limited Debt to Equity Ratio is 0.07 for the year ending December 31, 2023, a 57.83% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Fortune Oriental Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.04, a 66.64% change year over year.
  • Fortune Oriental Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.02, a -6.92% change year over year.
  • Fortune Oriental Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.03, a 33.03% change year over year.
  • Fortune Oriental Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.02, a -99.04% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
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Taiwan Stock Exchange: 2491.TW

Fortune Oriental Company Limited

CEO Pi-Hua Chen
IPO Date Feb. 22, 2000
Location Taiwan
Headquarters No. 6, Lane 54
Employees 16
Sector Materials
Industries
Description

Fortune Oriental Company Limited manufactures and sells lighting application products in Taiwan. The company offers LED bulbs, tubes, recessed light, ring lamps, flood lights, high patio lights, and downlights; T bar office lighting and semi-spiral bulbs; and circulation fans used in commercial areas, such as indoors, outdoor lighting, and retail display lighting. It also provides multimedia information products that are used in commercial fields, such as audio-visual entertainment, information products, education, publicity, and life; and engages in the import and export trade of multimedia information products. The company was formerly known as Infodisc Technology Co., Ltd. and changed its name to Fortune Oriental Company Limited in June 2016. Fortune Oriental Company Limited is headquartered in New Taipei City, Taiwan.

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StockViz Staff

January 16, 2025

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