MSI launches Nvidia Fermi-based graphics cards

MSI launches Nvidia Fermi-based graphics cards - related company info

Press release, March 29; Joseph Tsai, DIGITIMES [Monday 29 March 2010]

Latest stock

MSI [2377] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
12-Mar	2,313			28.90	29.30	28.75	29.25	+0.50	+1.74%
11-Mar	4,397	2,047	126,412,979	28.80	29.00	28.55	28.75	+0.15	+0.52%	28.80	28.75
10-Mar	4,406	1,815	125,635,955	28.55	28.80	28.20	28.60	+0.65	+2.33%	28.65	28.60
7-Mar	12,340	4,725	347,525,898	29.20	29.30	27.45	27.95	-1.15	-3.95%	27.95	27.90
6-Mar	6,052	2,235	177,910,178	29.80	30.00	28.95	29.10	-0.45	-1.52%	29.15	29.10
5-Mar	4,765	1,681	142,132,230	29.90	30.15	29.55	29.55	+0.30	+1.03%	29.70	29.55
4-Mar	3,206	1,268	94,524,276	29.80	29.80	29.25	29.25	-0.55	-1.85%	29.30	29.25
3-Mar	3,564	1,487	106,502,740	30.00	30.20	29.55	29.80	-0.45	-1.49%	29.90	29.80

Latest sales

MSI: Consolidated revenues, Feb 2013 - Feb 2014 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Feb-14	6,159	(10.1%)	40.1%	13,010	26%
Jan-14	6,851	(3%)	15.5%	6,851	15.5%
Dec-13	7,061	0.8%	41.7%	71,874	6.4%
Nov-13	7,006	5.3%	18.1%	64,813	3.6%
Oct-13	6,652	3%	11.3%	57,808	2%
Sep-13	6,456	4.8%	15.8%	51,156	1%
Aug-13	6,162	4.7%	(5.4%)	44,700	(0.9%)
Jul-13	5,884	3.3%	8.1%	38,538	(0.1%)
Jun-13	5,697	2.2%	1.8%	32,654	(1.5%)
May-13	5,575	7%	(13.7%)	26,957	(2.2%)
Apr-13	5,209	(10.9%)	(1.4%)	21,382	1.4%
Mar-13	5,843	32.9%	3.6%	16,173	2.3%
Feb-13	4,397	(25.9%)	(18.4%)	10,329	1.6%

*Figures are consolidated
Source: TSE, compiled by Digitimes, March 2014

MSI: Consolidated revenues, 3Q12 - 3Q13 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
3Q-13	18,471	11.9%	5.4%	51,155	0.9%
2Q-13	16,504	2%	(4.8%)	32,684	(1.4%)
1Q-13	16,180	(1.2%)	2.4%	16,180	2.4%
4Q-12	16,380	(6.6%)	(2.9%)	67,057	(14.8%)
3Q-12	17,533	1.1%	(14.2%)	50,677	(18%)

*Figures are consolidated
Source: TSE, compiled by Digitimes, March 2014

Latest balance sheet and income statement

MSI: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
Current assets	31,026,509	31,948,039	31,619,767	31,882,066	32,574,471
Long-term investments	2,091	4,960	5,126	5,145	4,496
Intangible assets	140,577	141,624	147,147	148,259	154,586
Other assets	264,575	701,305	757,258	674,724	687,737
Assets	37,234,025	38,655,931	38,580,769	38,878,897	39,813,338
Current liabilities	15,478,338	16,954,519	17,048,798	16,219,657	16,378,130
Other liabilities	147,037	149,744	115,418	116,383	113,095
Liabilities	15,646,790	17,126,655	17,187,838	16,360,175	16,526,263
Stockholders' equity	21,587,235	21,529,276	21,392,931	22,518,722	23,287,075

*Figures are consolidated
Source: TSE, compiled by Digitimes, March 2014

MSI: Consolidated income statement, 3Q12 - 3Q13 (NT$k)
Item	3Q-2013		2Q-2013		1Q-2013		4Q-2012		3Q-2012
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Gross sales							16,963,946		17,925,564
Operating revenue	18,470,949	108.9%	16,504,046	97.3%	16,179,706	95.4%	16,380,252	96.6%	17,532,576	97.8%
Gross profit (loss) from operations	2,428,784	14.3%	2,208,858	13%	2,004,946	11.8%	1,651,570	9.7%	2,111,132	11.8%
Operating expenses	1,677,796	9.9%	1,656,762	9.8%	1,566,620	9.2%	1,593,024	9.4%	1,658,546	9.3%
Operating income (loss)	750,988	4.4%	552,096	3.3%	438,326	2.6%	58,546	0.3%	452,586	2.5%
Non-operating revenues and gains					141,845	0.8%	165,041	1%	110,658	0.6%
Non-operating expenses and losses	50,850	0.3%	0	0%					124,949	0.7%
Income from continuing operations before income tax	801,838	4.7%	594,594	3.5%	580,171	3.4%	178,814	1.1%	577,535	3.2%
Net income (loss)	601,645	3.5%	421,932	2.5%	428,094	2.5%	13,293	0.1%	487,083	2.7%
Fully-diluted earnings per share (NT$)	0.7		0.5		0.5		0		0.6
Simple earnings per share (NT$)									0.6

*Figures are consolidated
Source: TSE, compiled by Digitimes, March 2014

The developments of the security solutions market in Greater China: Q&A with EverFocus product marketing manager Tony Lin
The security solutions market is an increasingly important market as the IT industry develops and security...
A win-win situation for Toshiba and OCZ: Q&A with Alex Mei, CMO of OCZ Storage Solutions
As part of Toshiba, OCZ Storage Solutions is able to leverage Toshiba's NAND and combine it with its...
Explaining the Chaiwan model for the mobile device supply chain: Q&A with Digitimes Research director Joanne Chien
While Digitimes is known as a media outlet, the company also includes a business unit that solely focuses...
Transformation: Q&A with ChipMOS chairman and CEO SJ Cheng
ChipMOS Technologies is among very few firms that have transformed themselves successfully and are...

Smartphone and tablet industry: The view from Taiwan - May 2012
Taiwan-based companies have a long and successful history of involvement in the supply chain for mobile devices, which for the purposes of this article consist...
Taiwan motherboard industry overview - May 2012
The year 2011 saw the motherboard industry reverse its trend of declining shipments year-on-year, to post a slight 0.2% growth. This upturn in fortunes was expected...
Notebook market overview - Jun 2011
The notebook industry in 2010 experienced several major events that significantly changed the industry's ecosystem for the year and the industry is also believed...
LCD TV overview - Jun 2011
Growth of the global LCD TV market was not as strong as expected in 2010 as the market continued to feel the aftershocks of the economic recession that had hit...