Sunrex Technology Corp
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Sunrex Technology Corp - overview
Established
1975
Location
Taichung, -, Taiwan - China
Primary Industry
Hardware
About
Sunrex Technology Corp specializes in the manufacturing of high-quality keyboards, catering to diverse client needs with innovative solutions for laptops, desktops, and handheld devices. Founded in 1975 and headquartered in Taichung, Taiwan, Sunrex Technology Corp focuses on producing high-quality keyboards for various electronic devices. The company has successfully completed 2 deals, with its most recent funding round being a PIPE amounting to USD 28. 80 mn, led by Excelsior Capital Asia, which represents the total amount raised by the firm.
精元電腦股份有限公司 (Sunrex) is recognized as the world’s largest manufacturer of laptop keyboards, specializing in high-quality products that cater to diverse client needs. The company offers a comprehensive range of keyboard solutions for laptops and desktops, including advanced designs for handheld devices such as PDAs and larger mobile computers. Sunrex employs a skilled design team that utilizes proprietary technologies and patents to facilitate customized solutions for its clients, addressing specific design requirements effectively. The company serves a global client base, particularly targeting markets in North America, Europe, and Asia, where the demand for reliable, high-performance keyboards remains strong across various consumer electronics sectors.
In 2022, Sunrex Technology Corp reported a revenue of USD 334. 26 mn and an EBITDA of USD 27. 62 mn. The company engages in B2B transactions, primarily working with manufacturers and OEMs in the electronics industry, entering into long-term contracts for customized keyboard solutions and optimizing fulfillment through extensive production capabilities.
Sunrex Technology Corp plans to leverage its recent funding to enhance its product development initiatives, focusing on innovative keyboard designs scheduled for release later this year. The company aims to expand its market presence in Europe and Asia by 2025, targeting increased partnerships with local manufacturers. With Excelsior Capital Asia exiting its investments, Sunrex is poised to utilize the raised capital for strategic growth and market penetration in key regions.
Primary Industry
Hardware
Sub Industries
Electronics, Hardware
Website
www.sunrex.com.tw
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Sunrex Technology Corp - timeline of key events
Sunrex Technology Corp - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 13,409,037,000 | 13,253,071,000 | 12,794,636,000 | 16,300,819,000 | 16,931,922,000 | 13,509,398,000 | 11,642,636,000 | 10,437,089,000 | 12,866,741,000 | 21,179,505,000 | - | - | - |
| % Revenue Growth (YoY) | - | (1.2%) | (3.5%) | 27.4% | 3.9% | (20.2%) | (13.8%) | (10.4%) | 23.3% | 64.6% | - | - | - |
| EBITDA (USD) | 952,394,000 | 474,991,000 | 987,576,000 | 1,784,075,000 | 1,889,935,000 | 1,599,188,000 | 1,275,383,000 | 848,817,000 | 1,018,992,000 | 3,030,117,000 | - | - | - |
| Operating Income (USD) | 509,831,000 | 22,099,000 | 377,940,000 | 1,050,954,000 | 1,003,359,000 | 767,937,000 | 554,254,000 | 141,662,000 | 216,884,000 | 2,007,428,000 | - | - | - |
| Operating Margin | 3.8% | 0.2% | 3.0% | 6.4% | 5.9% | 5.7% | 4.8% | 1.4% | 1.7% | 9.5% | - | - | - |
| % EBITDA Margin | 7.1% | 3.6% | 7.7% | 10.9% | 11.2% | 11.8% | 11.0% | 8.1% | 7.9% | 14.3% | - | - | - |
| NET Income (USD) | 225,743,000 | (75,485,000) | 99,647,000 | 724,387,000 | 814,213,000 | 555,047,000 | 187,566,000 | 125,969,000 | 231,653,000 | 1,293,318,000 | - | - | - |
| % Net Margin | 1.7% | (0.6%) | 0.8% | 4.4% | 4.8% | 4.1% | 1.6% | 1.2% | 1.8% | 6.1% | - | - | - |
Sunrex Technology Corp - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Sunrex Technology Corp | - | ||||||||
| Unspecified Exit | Completed | Sunrex Technology Corp | - |
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Sunrex Technology Corp - employee data
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