Taipei, Friday, August 28, 2015 09:40 (GMT+8)
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Digitimes Insight: CMI to be top Taiwan supplier of large-size panels in 2Q11 - related company info
Tony Huang, DIGITIMES Research, Taipei [Thursday 5 May 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$9.93 on the TSE on Wednesday, August 26, 2015.
    The company has reported consolidated revenues of NT$29,656 million for July 2015, representing a 1.7% drop on month and 18.6% drop on year.
    For the second quarter of 2015, the company totaled NT$93,755 million in consolidated revenues, down 6.4% sequentially and down 15.6% 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$99.56 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
    27-Aug 112,930 16,611 1,157,632,690 10.10 10.55 10.05 10.15+0.22+2.22% 10.20 10.15
    26-Aug 73,830 10,637 731,456,870 9.81 10.00 9.75 9.93-0.07-0.70% 9.94 9.93
    25-Aug 117,105 17,623 1,161,284,620 9.66 10.10 9.61 10.00+0.52+5.49% 10.05 10.00
    24-Aug 106,752 17,858 1,016,361,644 9.85 9.87 9.10 9.48-0.52-5.20% 9.49 9.48
    21-Aug 89,014 11,726 896,360,800 10.05 10.20 10.00 10.00-0.30-2.91% 10.05 10.00
    20-Aug 86,425 10,426 887,366,236 10.10 10.45 10.05 10.30+0.20+1.98% 10.35 10.30
    19-Aug 102,987 13,680 1,045,089,898 10.35 10.40 10.00 10.10-0.30-2.88% 10.10 10.05
    • Source: TSE, compiled by Digitimes
    Latest sales

    Innolux: Consolidated revenues, Jul 2014 - Jul 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-15

    29,656

    (1.7%)

    (18.6%)

    223,569

    (5.7%)

    Jun-15

    30,157

    (3.3%)

    (17.5%)

    193,913

    (3.3%)

    May-15

    31,200

    (3.7%)

    (14.1%)

    163,756

    (0.2%)

    Apr-15

    32,398

    (12.2%)

    (15.2%)

    132,556

    3.8%

    Mar-15

    36,902

    35.6%

    (1.1%)

    100,158

    11.8%

    Feb-15

    27,207

    (24.5%)

    9.4%

    63,256

    21.1%

    Jan-15

    36,048

    (5.7%)

    31.7%

    36,048

    31.7%

    Dec-14

    38,209

    (0.6%)

    18%

    428,662

    1.4%

    Nov-14

    38,456

    0.5%

    18.5%

    390,453

    (0%)

    Oct-14

    38,281

    (0.5%)

    18.2%

    351,996

    (1.7%)

    Sep-14

    38,481

    0.8%

    18.8%

    313,715

    (3.6%)

    Aug-14

    38,180

    4.8%

    15.6%

    275,234

    (6.1%)

    Jul-14

    36,431

    (0.3%)

    14.6%

    237,054

    (8.9%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2015

    Innolux: Consolidated revenues, 2Q14 - 2Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-15

    93,755

    (6.4%)

    (15.6%)

    193,913

    (3.3%)

    1Q-15

    100,158

    (12.9%)

    11.8%

    100,158

    11.8%

    4Q-14

    114,947

    1.6%

    18.2%

    428,662

    1.4%

    3Q-14

    113,092

    1.8%

    16.5%

    313,715

    (3.6%)

    2Q-14

    111,064

    24%

    (0.5%)

    200,623

    (12.2%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2015

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 2Q14 - 2Q15 (NT$k)

    Item

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    Current assets

    143,147,113

    145,539,799

    189,380,812

    156,775,577

    152,388,247

    Intangible assets

    19,722,306

    19,968,114

    20,219,137

    20,451,619

    20,531,808

    Non-current assets

    259,402,450

    278,927,060

    293,135,743

    302,339,512

    312,470,595

    Assets

    402,549,563

    424,466,859

    482,516,555

    459,115,089

    464,858,842

    Current liabilities

    112,385,966

    125,777,294

    199,135,498

    177,507,769

    191,259,311

    Non-current liabilities

    52,628,379

    62,267,502

    54,209,621

    66,166,822

    76,990,078

    Liabilities

    165,014,345

    188,044,796

    253,345,119

    243,674,591

    268,249,389

    Stockholders' equity

    237,535,218

    236,422,063

    229,171,436

    215,440,498

    196,609,453

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2015

    Innolux: Consolidated income statement, 2Q14 - 2Q15 (NT$k)

    Item

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    93,755,186

     

    100,157,867

     

    114,947,008

     

    113,091,500

     

    111,064,490

     

    Gross profit (loss) from operations

    15,596,583

    16.6%

    17,744,057

    17.7%

    18,389,044

    16%

    14,565,886

    12.9%

    11,804,227

    10.6%

    Operating expenses

    6,190,344

    6.6%

    6,527,266

    6.5%

    6,854,944

    6%

    5,471,822

    4.8%

    5,437,854

    4.9%

    Operating income (loss)

    9,406,239

    10%

    11,216,791

    11.2%

    11,534,100

    10%

    9,094,064

    8%

    6,366,373

    5.7%

    Non-operating expenses and losses

    -2,063,283

    -2.2%

    -1,156,562

    -1.2%

    -325,452

    -0.3%

    -1,346,694

    -1.2%

    -2,950,198

    -2.7%

    Income from continuing operations before income tax

    7,342,956

    7.8%

    10,060,229

    10%

    11,208,648

    9.8%

    7,747,370

    6.9%

    3,416,175

    3.1%

    Net income (loss)

    5,406,121

    5.8%

    8,649,289

    8.6%

    11,154,352

    9.7%

    7,359,509

    6.5%

    3,010,092

    2.7%

    Diluted earnings per share (NT$)

    0.5

     

    0.9

     

    1.2

     

    0.8

     

    0.3

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2015

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27-Aug-2015 markets closed

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TAIEX (TSE)7715.59+39.95+0.52% 

TSE electronic295.24-1.46-0.49% 

GTSM (OTC)103.16+1.62+1.6% 

OTC electronic130.29+2.50+1.96% 

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