Taipei, Friday, October 20, 2017 09:43 (GMT+8)
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Commentary: Lack of distribution channels continues to hover over Taiwan solar industry - related company info
Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Thursday 9 February 2012]
  • Gintech Energy
  • Performance
    The company's stock price closed at NT$19.85 on the TSE on Wednesday, October 18, 2017.
    The company has reported consolidated revenues of NT$1,214 million for September 2017, representing a 16.6% drop on month and 69.6% increase on year.
    For the second quarter of 2017, the company totaled NT$3,180 million in consolidated revenues, down 7% sequentially and down 31.2% on year.
    Brief

    Full name: Gintech Energy

    Chinese name: 昱晶能源科技股份有限公司

    Short name: Gintech

    Stock code: 3514

    Tax ID: 27757133

    Market: TSE

    Established: 10 Aug 2005

    Paid in capital: NT$4.50 billion

    Listed on TSE: 2 Nov 2007

    Listed on ESB: 22 Dec 2006

    Public since: 17 May 2006

    Website: www.gintech.com.tw

  • Latest stock
    Gintech [3514] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    19-Oct 16,090 5,398 324,280,350 20.35 20.45 19.85 20.00+0.15+0.76% 19.95 20.00
    18-Oct 102,020 21,114 2,100,025,791 21.25 21.25 19.75 19.85+0.50+2.58% 19.85 19.90
    17-Oct 7,375 1,985 142,706,250 19.35 19.35 19.35 19.35+0.00+0.00% 19.35 0.00
    13-Oct 3,872 1,248 68,561,702 17.65 17.85 17.55 17.60-0.05-0.28% 17.55 17.60
    12-Oct 5,739 1,940 101,935,358 17.70 17.95 17.55 17.65+0.15+0.86% 17.65 17.70
    11-Oct 4,069 1,508 71,677,612 18.00 18.00 17.40 17.50-0.30-1.69% 17.45 17.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    Gintech: Consolidated revenues, Sep 2016 - Sep 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Sep-17

    1,214

    (16.6%)

    69.6%

    10,398

    (10.9%)

    Aug-17

    1,456

    28.9%

    141.1%

    9,184

    (16.2%)

    Jul-17

    1,130

    (2.1%)

    33.4%

    7,727

    (25.4%)

    Jun-17

    1,154

    6.4%

    (19.5%)

    6,597

    (30.6%)

    May-17

    1,084

    15.2%

    (33.6%)

    5,443

    (32.6%)

    Apr-17

    941

    (21.3%)

    (39.6%)

    4,359

    (32.3%)

    Mar-17

    1,196

    7.1%

    (21.1%)

    3,418

    (30%)

    Feb-17

    1,116

    1%

    (31.1%)

    2,222

    (34%)

    Jan-17

    1,105

    (14.6%)

    (36.7%)

    1,105

    (36.7%)

    Dec-16

    1,294

    45.3%

    (21.1%)

    14,680

    (6.8%)

    Nov-16

    890

    8.3%

    (35.8%)

    13,386

    (5.1%)

    Oct-16

    822

    14.7%

    (41.1%)

    12,496

    (1.8%)

    Sep-16

    716

    18.6%

    (48.4%)

    11,674

    3.1%

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

    Gintech: Consolidated revenues, 2Q16 - 2Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-17

    3,180

    (7%)

    (31.2%)

    6,597

    (30.6%)

    1Q-17

    3,418

    13.7%

    (30%)

    3,418

    (30%)

    4Q-16

    3,005

    38.7%

    (32%)

    14,680

    (6.8%)

    3Q-16

    2,167

    (53.1%)

    (49.6%)

    11,674

    3.1%

    2Q-16

    4,624

    (5.3%)

    17%

    9,507

    35.3%

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

    Latest balance sheet and income statement

    Gintech: Consolidated balance sheet, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    Current assets

    9,377,886

    9,158,023

    8,276,985

    8,344,535

    10,588,476

    Intangible assets

    9,738

    8,965

    10,270

    6,542

    7,650

    Non-current assets

    8,426,701

    8,780,723

    9,277,555

    9,436,978

    9,946,640

    Assets

    17,804,587

    17,938,746

    17,554,540

    17,781,513

    20,535,116

    Current liabilities

    3,659,328

    3,713,480

    3,756,714

    3,331,586

    5,110,891

    Non-current liabilities

    2,968,742

    2,726,688

    2,708,890

    3,061,677

    1,416,606

    Liabilities

    6,628,070

    6,440,168

    6,465,604

    6,393,263

    6,527,497

    Stockholders' equity

    11,176,517

    11,498,578

    11,088,936

    11,388,250

    14,007,619

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

    Gintech: Consolidated income statement, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    3,179,820

     

    3,417,588

     

    3,005,468

     

    2,167,252

     

    4,624,136

     

    Operating revenue

    3,179,820

    100%

    3,417,588

    100%

    3,005,468

    100%

    2,167,252

    100%

    4,624,136

    100%

    Gross profit (loss) from operations

    -178,690

    -5.6%

    -527,240

    -15.4%

    -213,713

    -7.1%

    -2,274,185

    -104.9%

    302,364

    6.5%

    Operating expenses

    154,984

    4.9%

    137,176

    4%

    126,472

    4.2%

    109,400

    5%

    161,503

    3.5%

    Operating income (loss)

    -333,674

    -10.5%

    -664,519

    -19.4%

    -342,899

    -11.4%

    -2,537,226

    -117.1%

    132,267

    2.9%

    Non-operating expenses and losses

    -5,636

    -0.2%

    -115,257

    -3.4%

    50,562

    1.7%

    -75,798

    -3.5%

    -13,848

    -0.3%

    Income from continuing operations before income tax

    -339,310

    -10.7%

    -779,776

    -22.8%

    -292,337

    -9.7%

    -2,613,024

    -120.6%

    118,419

    2.6%

    Net income (loss)

    -338,669

    -10.7%

    -779,776

    -22.8%

    -307,491

    -10.2%

    -2,561,715

    -118.2%

    93,356

    2%

    Diluted earnings per share (NT$)

    0

     

    0

     

     

     

    -1.4

     

    0.2

     

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

  • Gintech Energy full profile
UMC
Global AP demand forecast, 2017-2020

19-Oct-2017 markets closed

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TAIEX (TSE)10760.29+40.01+0.37% 

TSE electronic464.92+3.11+0.67% 

GTSM (OTC)144.87+1.60+1.12% 

OTC electronic217.65+3.32+1.55% 

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