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Taitron Components Incorporated (TAIT) Wrap Up:

We are a national distributor of brand name electronic components and supplier of original designed and manufactured (ODM) electronic components ("ODM Components"), with our product offerings ranging from discrete semiconductors through small electronic devices. Prior to 2003, we were primarily focused on the distribution of transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components. Commencing in 2003, we implemented a strategy to expand our business into value-added engineering and turn-key services, focusing on providing existing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with original design and manufacturing (ODM) services for their multi-year turn-key projects.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0000891092-08-001825.html#FIS_BUSINESS"   
www.taitroncomponents.com
26 Employees
Founded in 1989

Taitron Components Inc. (TAIT:NASDAQ)

LAST $1.33 USD
CHANGE TODAY 0.00 0.00%
VOLUME 200.0
As of 3:31 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Taitron Components Inc. (TAIT)

OPEN
$1.33
PREVIOUS CLOSE
$1.33
DAY HIGH
$1.33
DAY LOW
$1.33
52 WEEK HIGH
11/17/09 - $1.45
52 WEEK LOW
08/4/09 - $0.25
MARKET CAP
7.4M
AVERAGE VOLUME 3 mo
4.5K
DILUTED EPS TTM
$-0.21
SHARES OUTSTANDING
5.5M
EX-DATE
06/11/09
P/E TTM
NM
DIVIDEND
$0.05
DIVIDEND YIELD
3.76%
K = Thousands  M = Millions  B = Billions

TAIT Top Compensated Officers

Mr. Stewart Wang
Co-Founder, Chief Executive Officer, Presiden...
Age: 59
Total Annual Compensation: $182.0K
Mr. David H. Vanderhorst
Chief Financial Officer, Principal Accounting...
Age: 44
Total Annual Compensation: $119.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Taitron Components Inc. (TAIT)

Taitron Components Inc. Appoints Anton & Chia, LLP as Independent Registered Public Accounting Firm to Replace Haskell & White LLP

On June 22, 2009, Taitron Components Inc. dismissed Haskell & White LLP as its independent registered public accounting firm. The audit committee of the board of directors of the company approved the decision to dismiss H&W. On the same dated the company engaged Anton & Chia, LLP as its independent registered public accounting firm.

Taitron Components Inc. Declares Annual Cash Dividend, Payable on June 22, 2009

Taitron Components Inc. announced that its board of directors declared an annual cash dividend of $0.05 per share of Class A Common Stock and Class B Common Stock, payable on June 22, 2009, to shareholders of record at the close of business on June 15, 2009.

Taitron Components Inc. Reports Earnings Results for the First Quarter Ended March 31, 2009

Taitron Components Inc. reported earnings results for the first quarter ended March 31, 2009. The company for its first quarter ending March 31 showing a net loss of $334,000. In contrast, the company posted a net loss of $27,000 for the same quarter in the previous year.

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TAIT Competitors

Company Last Change
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Industry Analysis

Valuation TAIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x

TAIT

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More Recent News About Taitron Components Incorporated

More news for TAIT

Taitron Announces Declaration of Cash Dividend

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TAITRON COMPONENTS INC Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Item 1 of Part 1of this quarterly report on Form 10-Q, as well as our most recent annual report on Form 10-K for the year ended December 31, 2008. Also, several of the matters discussed in this document contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. We do not undertake any duty to update forward-looking statements after the date they are made or to conform them to actual results or to changes in circumstances or expectations. References to "Taitron," the "Company," "we," "our" and "us" refer to Taitron Components Incorporated and its majority-owned subsidiary, unless the context otherwise specifically defines. Critical Accounting Policies and Estimates Use of Estimates - Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare our condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States. These estimates have a significant impact on our valuation and reserve accounts relati...
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TAITRON COMPONENTS INC Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. The following discussion should be read in conjunction with the consolidated financial statements, including the related notes, appearing in Item 8 of this report. Also, several of the matters discussed in this document contain forward-looking statements that involve risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. Factors associated with the forward-looking statements that could cause the forward-looking statements to be inaccurate and could otherwise impact our future results are set forth in detail in this report. Critical Accounting Policies and Estimates Use of Estimates - We have made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare our financial statements included in Item 8 of this report in accordance with generally accepted accounting principles. These estimates have a significant impact on our valuation and reserve accounts relating to the allowance for sales returns, doubtful accounts, inventory reserves and deferred income taxes. Actual results could differ from these estimates. Revenue Recognition - We recognize revenue when we have evidence of an arrangement, a determinable fee, and when collection is considered to be probable and products are delivered, This occurs upon shipment of the merchandise, which is when legal transfer of title occurs. Re...
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TAITRON COMPONENTS INC Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Item 1 of this report as well as our most recent annual report on Form 10-KSB for the year ended December 31, 2007. Also, several of the matters discussed in this document contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. Factors associated with the forward looking statements that could cause the forward looking statements to be inaccurate and could otherwise impact our future results are set forth in detail in our most recent annual report on Form 10-KSB. In addition to the other information contained in this document, readers should carefully consider the information contained in our most recent annual report on Form 10-KSB under the heading "Cautionary Statements and Risk Factors." References to "Taitron," "the Company," "we," "our" and "us" refer to Taitron Components Incorporated and its majority-owned subsidiary, unless the context otherwise specifically defines. Critical Accounting Policies and Estimates Use Of Estimates - Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disc...
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TAITRON COMPONENTS INC Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Item 1 of Part 1of this quarterly report on Form 10-Q, as well as our most recent annual report on Form 10-K for the year ended December 31, 2008. Also, several of the matters discussed in this document contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. We do not undertake any duty to update forward-looking statements after the date they are made or to conform them to actual results or to changes in circumstances or expectations. References to "Taitron," the "Company," "we," "our" and "us" refer to Taitron Components Incorporated and its majority-owned subsidiary, unless the context otherwise specifically defines. Critical Accounting Policies and Estimates Use of Estimates - Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare our condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States. These estimates have a significant impact on our valuation and reserve accounts relati...
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TAITRON COMPONENTS INC Files SEC form 8-K, Regulation FD Disclosure

Show all filings for TAITRON COMPONENTS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for TAITRON COMPONENTS INC 2-Jun-2009Regulation FD Disclosure Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not inte...
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TAITRON COMPONENTS INC Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Item 1 of Part 1of this quarterly report on Form 10-Q, as well as our most recent annual report on Form 10-K for the year ended December 31, 2008. This document contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 which are subject to risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. We do not undertake any duty to update forward-looking statements after the date they are made or to conform them to actual results or to changes in circumstances or expectations. References to "Taitron," the "Company," "we," "our" and "us" refer to Taitron Components Incorporated and its wholly owned and majority-owned subsidiaries, unless the context otherwise specifically defines. Critical Accounting Policies and Estimates Use of Estimates - Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare our condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States. These estimates have a significant impact on our valuation and reserve accounts relating to the...
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TAITRON COMPONENTS INC Financials

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