Universal Electronics Inc
Universal Electronics Inc.
Universal Electronics, Inc. was founded in 1986 and is currently headquartered in Cypress, Ca with 1,843 employees. UEI sells pre-programmed universal wireless control products, including remote controls, wireless keyboards, and gaming controls in the USA, Europe, Australia, New Zealand, South Africa, the` Middle East, Mexico, Asia, and Latin America. With the development of software and firmware, the company's devices can virtually control all infrared capable televisions, DVD players, VCRs, cable converters, CD players, audio components, and satellite receivers. Its primary customers include original equipment manufacturers (OEM), cable and satellite service providers, custom installers, and personal computing clients. UEI has several brand names but the most known is All For One.
UEI also markets a line of home safety and automation products under the Eversafe brand name. In November 2010, UEI acquired the China-based company Enson Assets Limited. UEI competes with Harman International Industries, DTS, Philips Consumer Electronics, Universal Remote Control, Contec, Logitech, Sensata Technlogies, AMX, and others.
Analysis
When analyzing a company's financial statements, various ratios are used to determine how the company is performing in relation to its past performance, its budgeted performance, industry benchmarks, and to other comparable companies. An analysis of Universal Electronics Inc.’s financial position indicates that the state of the organization is strong. UEI has #1 market share in the global remote control market. The company has over 65% market share in universal remotes for US subscription broadcasters and 30% market share globally. Opportunities exist that will fast forward its future growth through investing in new projects that will result in more value for the organization. For instance, with the integration of Enson Assets Limited, UEI will be able to decrease 3rd party supplier purchases and utilize the
Universal Electronics, Inc. was founded in 1986 and is currently headquartered in Cypress, Ca with 1,843 employees. UEI sells pre-programmed universal wireless control products, including remote controls, wireless keyboards, and gaming controls in the USA, Europe, Australia, New Zealand, South Africa, the` Middle East, Mexico, Asia, and Latin America. With the development of software and firmware, the company's devices can virtually control all infrared capable televisions, DVD players, VCRs, cable converters, CD players, audio components, and satellite receivers. Its primary customers include original equipment manufacturers (OEM), cable and satellite service providers, custom installers, and personal computing clients. UEI has several brand names but the most known is All For One.
UEI also markets a line of home safety and automation products under the Eversafe brand name. In November 2010, UEI acquired the China-based company Enson Assets Limited. UEI competes with Harman International Industries, DTS, Philips Consumer Electronics, Universal Remote Control, Contec, Logitech, Sensata Technlogies, AMX, and others.
Analysis
When analyzing a company's financial statements, various ratios are used to determine how the company is performing in relation to its past performance, its budgeted performance, industry benchmarks, and to other comparable companies. An analysis of Universal Electronics Inc.’s financial position indicates that the state of the organization is strong. UEI has #1 market share in the global remote control market. The company has over 65% market share in universal remotes for US subscription broadcasters and 30% market share globally. Opportunities exist that will fast forward its future growth through investing in new projects that will result in more value for the organization. For instance, with the integration of Enson Assets Limited, UEI will be able to decrease 3rd party supplier purchases and utilize the
References: http://biz.yahoo.com/e/110316/ueic10-k.html http://www.faqs.org/sec-filings/110316/UNIVERSAL-ELECTRONICS-INC_10-K/ http://finapps.forbes.com/finapps/jsp/finance/compinfo/CashFlows.jsp?tkr=UEIC&period=qtr http://investor.uei.com/phoenix.zhtml?c=84751&p=irol-fundsnapshot http://moneycentral.msn.com/investor/invsub/results/compare.asp?Page=GrowthRates&symbol=UEIC http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NzA5NzN8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1 http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NDU5MDN8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1 http://www.smartmoney.com/quote/UEIC/ http://www.wikinvest.com/stock/Universal_Electronics_(UEIC)/Data/#Key_ http://ycharts.com/companies/UEIC/liabilities#comp=assets