• Gintech Energy
• 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$3.39 billion

  Listed on TSE: 2 Nov 2007

  Listed on ESB: 22 Dec 2006

  Public since: 17 May 2006

  Website: www.gintech.com.tw

  Related news

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  • Taiwan solar cell makers hope to increase prices by 5-10%
  • Commentary: Are Japan-Taiwan solar alliances possible?
  • Gintech to introduce P-type mono-crystalline solar cell in 1H13, says company executive
  • HIT solar cell maker Kaneka reportedly in cooperation discussions with Gintech and NSP
• Financial performance
  Gintech [3514] historical stock price (NT$)
  Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
  21-May	10,920	4,204	356,803,466	33.55	34.00	31.70	32.00	-1.45	-4.33%	32.00	31.95
  20-May	7,269	2,420	243,297,591	33.50	33.80	33.05	33.45	+0.00	+0.00%	33.45	33.40
  17-May	12,670	4,553	423,850,861	32.90	34.00	32.75	33.45	+0.70	+2.14%	33.45	33.40
  16-May	13,195	5,106	439,636,244	33.50	34.05	32.60	32.75	-0.75	-2.24%	32.80	32.75
  15-May	18,231	6,231	602,639,836	32.10	33.60	31.95	33.50	+1.10	+3.40%	33.55	33.50
  14-May	11,105	3,931	360,816,709	32.90	33.10	32.00	32.40	+0.00	+0.00%	32.45	32.40
  13-May	13,988	5,437	449,942,509	31.75	32.65	31.40	32.40	+1.10	+3.51%	32.45	32.40

  • Source: TSE, compiled by Digitimes

  Gintech: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Apr-13	1,129	2.8%	(23.8%)	3,969	(24.6%)
  Mar-13	1,098	26.9%	(22.9%)	2,840	(24.9%)
  Feb-13	865	(1.4%)	(26.7%)	1,742	(26.2%)
  Jan-13	877		(25.6%)	877	(25.6%)
  Apr-12	1,480	3.9%		5,264
  Mar-12	1,424	20.7%		3,784
  Feb-12	1,180	0.1%		2,359
  Jan-12	1,179			1,179

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Dec-12	777	(10.7%)	(41.9%)	13,966	(25.7%)
  Nov-12	870	6.1%	(34.2%)	13,189	(24.5%)
  Oct-12	820	10.6%	(44.3%)	12,319	(23.7%)
  Sep-12	742	(39.7%)	(53%)	11,499	(21.6%)
  Aug-12	1,230	(12.9%)	(21.1%)	10,757	(17.9%)
  Jul-12	1,412	(4.9%)	(10.1%)	9,527	(17.4%)
  Jun-12	1,484	8.6%	43.8%	8,115	(18.6%)
  May-12	1,367	(7.7%)	40.2%	6,631	(25.8%)
  Apr-12	1,480	3.9%	(13.2%)	5,264	(33.9%)
  Mar-12	1,424	20.7%	(37.4%)	3,784	(39.7%)
  Feb-12	1,180	0.1%	(38.7%)	2,359	(41%)
  Jan-12	1,179	(11.9%)	(43.2%)	1,179	(43.2%)
  Dec-11	1,338	1.2%	(43.4%)	18,808	(33.2%)

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	2,468	(27.1%)	(40.3%)	13,966	(25.8%)
  3Q-12	3,383	(21.9%)	(28.1%)	11,498	(21.7%)
  2Q-12	4,331	14.4%	16.7%	8,115	(18.6%)
  1Q-12	3,784	(8.5%)	(39.5%)	3,784	(39.5%)
  4Q-11	4,134	(12.2%)	(47.5%)	18,810	(33.2%)

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	2,468	(27.1%)	(40.3%)	13,967	(25.7%)
  3Q-12	3,384	(21.9%)	(28.1%)	11,499	(21.6%)
  2Q-12	4,331	14.5%	16.7%	8,115	(18.6%)
  1Q-12	3,784	(8.5%)	(39.5%)	3,784	(39.5%)
  4Q-11	4,134	(12.2%)	(47.5%)	18,808	(33.2%)

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	8,151,358	9,058,812	9,873,967	9,037,417	10,432,475
  Long-term investments	498,042	571,596	626,136	675,074	447,053
  Intangible assets	15,467	18,482	16,271	18,247	20,962
  Other assets	3,743,297	3,714,630	3,634,778	3,599,664	3,772,341
  Assets	23,946,784	25,115,906	26,157,913	25,458,058	26,466,839
  Current liabilities	4,459,322	5,885,891	6,836,594	6,140,661	5,806,642
  Other liabilities	52,476	51,656	54,895	60,708	65,582
  Liabilities	11,780,312	11,719,001	12,500,839	11,663,769	12,482,224
  Stockholders' equity	12,166,472	13,396,905	13,657,074	13,794,289	13,984,615

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	8,151,358	9,048,175	9,855,630	9,026,031	10,420,461
  Long-term investments	498,042	583,537	638,079	686,930	459,229
  Intangible assets	15,467	18,482	16,271	18,247	20,962
  Other assets	3,743,297	3,718,833	3,638,981	3,599,149	3,771,827
  Assets	23,946,784	25,116,695	26,155,562	25,457,733	26,466,087
  Current liabilities	4,459,322	5,886,680	6,834,243	6,140,336	5,805,890
  Other liabilities	52,476	51,656	54,895	60,708	65,582
  Liabilities	11,780,312	11,719,790	12,498,488	11,663,444	12,481,472
  Stockholders' equity	12,166,472	13,396,905	13,657,074	13,794,289	13,984,615

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Consolidated income statement, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012		3Q-2012		2Q-2012		1Q-2012		4Q-2011
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Gross sales	2,471,320		3,390,095		4,331,016		3,869,193		4,158,459
  Operating revenue	2,468,148	99.9%	3,383,298	99.8%	4,330,592	100%	3,784,189	97.8%	4,134,252	99.4%
  Gross profit (loss) from operations	-666,850	-27%	-130,126	-3.8%	137,313	3.2%	1,764	0%	-1,445,585	-34.8%
  Operating expenses	435,167	17.6%	160,703	4.7%	205,492	4.7%	186,700	4.8%	226,488	5.4%
  Operating income (loss)	-1,102,017	-44.6%	-290,829	-8.6%	-72,518	-1.7%	-184,936	-4.8%	-1,672,073	-40.2%
  Non-operating revenues and gains	2,496	0.1%	31,895	0.9%	19,667	0.5%	17,317	0.4%	-12,216	-0.3%
  Income from continuing operations before income tax	-1,216,593	-49.2%	-361,029	-10.6%	-142,365	-3.3%	-241,294	-6.2%	-1,758,355	-42.3%
  Net income (loss)	-1,199,746	-48.5%	-357,899	-10.6%	-158,453	-3.7%	-208,012	-5.4%	-1,328,254	-31.9%
  Fully-diluted earnings per share (NT$)							0		0

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  Gintech: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012		3Q-2012		2Q-2012		1Q-2012		4Q-2011
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Gross sales	2,471,321		3,390,364		4,331,723		3,868,698		4,157,897
  Operating revenue	2,468,149	99.9%	3,383,567	99.8%	4,331,299	100%	3,783,694	97.8%	4,133,690	99.4%
  Gross profit (loss) from operations	-662,132	-26.8%	-130,398	-3.8%	132,265	3.1%	1,880	0%	-1,445,871	-34.8%
  Operating expenses	435,167	17.6%	160,525	4.7%	205,314	4.7%	186,523	4.8%	226,196	5.4%
  Operating income (loss)	-1,102,017	-44.6%	-290,923	-8.6%	-72,670	-1.7%	-184,643	-4.8%	-1,672,109	-40.2%
  Non-operating revenues and gains	2,514	0.1%	31,900	0.9%	19,739	0.5%	17,342	0.4%	-12,138	-0.3%
  Income from continuing operations before income tax	-1,216,593	-49.2%	-361,080	-10.7%	-142,358	-3.3%	-241,296	-6.2%	-1,758,372	-42.3%
  Net income (loss)	-1,199,746	-48.5%	-357,899	-10.6%	-158,453	-3.7%	-208,012	-5.4%	-1,328,254	-31.9%
  Fully-diluted earnings per share (NT$)							0		0

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

• Gintech Energy full profile

Tags: 2012 China Commentary Gintech Motech PV renewable energy solar cell solar module Taiwan TSMC UMC

Companies: Gintech Energy Motech Industries Taiwan Semiconductor Manufacturing Company United Microelectronics Corporation

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