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MEITEC



Company name in Chinese: 明达科 Company name in English: MEITEC
Headquarters: Tokyo Country: Japan
Established: 1974 Website: http://www.meitec.co.jp/
Main Business: Recruiting/Headhunting Annual revenue of 2013: 764 million dollars
Stock Exchange: Tokyo Stock Code: 9744
About: A company engaged in the provision of staffing services, engineering solution services, global services and career support services. The Staffing segment is engaged in the provision of technician staffing service with a focus on engineer staffing. The Engineering Solution segment is engaged in the provision of engineering solution services with a focus on printed circuit board design service. The Global segment is engaged in the human resource cultivation, stuff agency and human resource consulting businesses in China. The Referral segment is engaged in the provision of re-employment support services, job agency services for engineers and Internet-based information services, as well as publications.

Major financial data in Fiscal 2013(Unit: $ million)

Operating profit Net profit Pre-tax profit Shareholders' equity
71 41 / 391
Total assets by the end of 2013 Average total assets Current assets Current liabilities
627 734 459 128
Receivable by the end of 2013 Average receivable Total liabilities Interest expense
115 136 258 /

Major financial ratios in Fiscal 2013:

Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average
Revenue growth rate -8.7% Lower Net profit margin 5.3% Higher
Total turnover ratio 1.1 Lower ROE 10.4% Higher
Accounts receivable turnover ratio 6.1 Lower Debt-asset ratio 41.1% Lower
ROA 6.5% Higher Current ratio 3.6 Higher
Operating margin 9.3% Higher Times Interest Earned / /