...The ratings of Quanta Computer Inc. (Q CI) re flect its leading industry position in original design manufacturing (ODM) services of notebook personal computers (NBPC), supported by its strong technological expertise and enduring close customer rel ationships with the world s top NBPC brand vendors. The ratings also reflect QCI s limited operating volatility, supported by intermediate\##term positive momentum for the NBPC ODM sector which Fitch Ratings anticipates will experience shipment growth of over ##% per annum in #### and ####. In ####, QCI achieved a significant reduction in financial risk; including lower leverage, strengthened interest/fixed charge coverage, and positive free cash flow ( FCF). QCI s ratings are constrained by the concentration of its business portfolio on NBPC ODM, and its low operating EBITDAR margin (#.#% in ####), pressured by peer c ompetition and customer order swing s. The company s...

Report Type: Full Rating Report
Company(ies): Quanta Computer Inc.
Ticker(s): 2382
Issuer: Quanta Computer Inc.
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 

 Fitch Research
Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.