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Digitimes Insight: AUO may kick off panel production in China faster than Korea rivals - related company info
Tony Huang, DIGITIMES Research, Taipei [Wednesday 16 March 2011]
  • Innolux Corporation (formerly Chimei Innolux)
  • Innolux Corporation (Innolux), formerly Chimei Innolux Corporation, is a Taiwan-based company primarily engaged in research, development, manufacture and distribution of thin film transistor liquid crystal display (TFT-LCD) panel modules and LCD monitors.  The company will be strong enough to challenge the leading CMI was formed in March 2010 following the merger of LCD monitor maker Innolux Display, Chi Mei Optoelectronics (CMO), and handheld device panel supplier TPO Display.position of AUO Optronics and becoming the world No. 3 liquid-crystal-display (LCD) panel maker.

    The Company's major products include LCD television panels, monitor panels, notebook computer display panels, audio/video (AV) and mobile display panels, medical display panels and special-application panels. Its products are applied in mobile communication products, information product and household electrical appliances. The Company operates international divisions in Japan, the United States, Holland, England, Germany and Singapore. The Company has production facilities in Jhunan and Tainan(Taiwan), Ningbo, Zhejiang Province, and Foshan, Guangdong province in China.

  • Performance
    The company's stock price closed at NT$13.9 on the TSE on Wednesday, August 16, 2017.
    The company has reported consolidated revenues of NT$25,344 million for July 2017, representing a 9.6% drop on month and 11.1% increase on year.
    For the first quarter of 2017, the company totaled NT$86,026 million in consolidated revenues, down 3.8% sequentially and up 52.5% on year.
    Brief

    Full name: Innolux Corporation (formerly Chimei Innolux)

    Chinese name: 群創光電股份有限公司(奇美電子)

    Short name: Innolux

    Stock code: 3481

    Country: Taiwan

    Tax ID: 12800225

    Market: TSE

    Established: 14 Jan 2003

    Paid in capital: NT$99.53 billion

    Listed on TSE: 24 Oct 2006

    Listed on ESB: 5 Jul 2005

    Public since: 17 Jan 2005

    Website: www.chimei-innolux.com

  • Latest stock
    Innolux [3481] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    17-Aug 91,624 10,632 1,281,688,850 13.95 14.10 13.80 14.05+0.15+1.08% 14.00 14.05
    16-Aug 59,595 10,650 825,293,550 13.75 14.00 13.70 13.90-0.10-0.71% 13.85 13.90
    15-Aug 99,039 10,982 1,388,375,812 14.10 14.15 13.90 14.00+0.25+1.82% 13.95 14.00
    14-Aug 73,379 10,730 1,020,368,774 14.15 14.15 13.75 13.75-0.40-2.83% 13.75 13.80
    11-Aug 144,705 20,027 2,011,702,328 13.65 14.20 13.65 14.15+0.55+4.04% 14.10 14.15
    10-Aug 173,928 21,005 2,387,329,696 13.90 14.05 13.55 13.60-0.35-2.51% 13.60 13.65
    9-Aug 143,173 19,790 2,022,109,086 14.35 14.40 13.95 13.95-0.40-2.79% 13.95 14.00
    8-Aug 74,525 10,692 1,075,258,550 14.40 14.55 14.35 14.35+0.00+0.00% 14.35 14.40
    • Source: TSE, compiled by Digitimes
    Latest sales

    Innolux: Consolidated revenues, Jul 2016 - Jul 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-17

    25,344

    (9.6%)

    11.1%

    195,879

    34.1%

    Jun-17

    28,036

    (0.2%)

    20%

    170,535

    38.4%

    May-17

    28,092

    (1%)

    24.8%

    142,499

    42.7%

    Apr-17

    28,382

    (9.5%)

    35.6%

    114,407

    47.9%

    Mar-17

    31,354

    14.4%

    67.6%

    86,026

    52.5%

    Feb-17

    27,412

    0.6%

    64.9%

    54,672

    45%

    Jan-17

    27,260

    (15.2%)

    29.3%

    27,260

    29.3%

    Dec-16

    32,152

    10.2%

    21.7%

    287,089

    (21.2%)

    Nov-16

    29,167

    3.9%

    14.6%

    254,937

    (24.5%)

    Oct-16

    28,064

    5.5%

    (5.1%)

    225,771

    (27.7%)

    Sep-16

    26,601

    6.1%

    (15%)

    197,707

    (30.1%)

    Aug-16

    25,062

    9.8%

    (9.9%)

    171,106

    (31.9%)

    Jul-16

    22,822

    (2.3%)

    (23.1%)

    146,044

    (34.7%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Innolux: Consolidated revenues, 1Q16 - 1Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-17

    86,026

    (3.8%)

    52.5%

    86,026

    52.5%

    4Q-16

    89,382

    20%

    9.7%

    287,089

    (21.2%)

    3Q-16

    74,485

    11.5%

    (16.1%)

    197,707

    (30.1%)

    2Q-16

    66,805

    18.4%

    (28.8%)

    123,222

    (36.5%)

    1Q-16

    56,417

    (30.8%)

    (43.7%)

    56,417

    (43.7%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 1Q16 - 1Q17 (NT$k)

    Item

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    Current assets

    122,740,178

    126,998,131

    107,113,619

    110,483,838

    108,812,385

    Intangible assets

    18,326,577

    18,446,321

    18,642,727

    18,832,779

    19,090,785

    Non-current assets

    236,825,427

    244,481,417

    247,796,924

    238,804,533

    242,445,976

    Assets

    359,565,605

    371,479,548

    354,910,543

    349,288,371

    351,258,361

    Current liabilities

    121,768,253

    116,165,904

    110,974,476

    97,872,822

    91,887,681

    Non-current liabilities

    2,250,386

    29,307,281

    28,591,123

    36,730,103

    36,560,388

    Liabilities

    124,018,639

    145,473,185

    139,565,599

    134,602,925

    128,448,069

    Stockholders' equity

    235,546,966

    226,006,363

    215,344,944

    214,685,446

    222,810,292

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Innolux: Consolidated income statement, 1Q16 - 1Q17 (NT$k)

    Item

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    86,025,771

     

    89,382,367

     

    74,484,602

     

    66,805,188

     

    56,417,120

     

    Gross profit (loss) from operations

    20,345,021

    23.6%

    19,801,886

    22.2%

    8,769,040

    11.8%

    1,555,025

    2.3%

    -4,037,460

    -7.2%

    Operating expenses

    5,712,985

    6.6%

    5,806,538

    6.5%

    4,910,922

    6.6%

    4,592,955

    6.9%

    4,364,827

    7.7%

    Operating income (loss)

    14,632,036

    17%

    13,995,348

    15.7%

    3,858,118

    5.2%

    -3,037,930

    -4.5%

    -8,402,287

    -14.9%

    Non-operating expenses and losses

    722,153

    0.8%

    -1,134,795

    -1.3%

    -322,864

    -0.4%

    167,823

    0.3%

    -131,293

    -0.2%

    Income from continuing operations before income tax

    15,354,189

    17.8%

    12,860,553

    14.4%

    3,535,254

    4.7%

    -2,870,107

    -4.3%

    -8,533,580

    -15.1%

    Net income (loss)

    11,858,119

    13.8%

    10,869,457

    12.2%

    3,058,266

    4.1%

    -3,475,528

    -5.2%

    -8,581,508

    -15.2%

    Diluted earnings per share (NT$)

    1.2

     

    1.1

     

    0.3

     

    -0.4

     

    -0.9

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

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16-Aug-2017 markets closed

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