Taipei, Thursday, May 23, 2013 01:57 (GMT+8)
mostly cloudy
Taipei
25°C
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]
  • Motech Industries
  • Brief

    Full name: Motech Industries

    Chinese name: 茂迪股份有限公司

    Short name: Motech

    Stock code: 6244

    Tax ID: 20889546

    Market: OTC

    Established: 3 Jun 1981

    Paid in capital: NT$4.37 billion

    Listed on OTC: 15 May 2003

    Listed on ESB: 18 Nov 2002

    Public since: 17 Jul 2001

    Website: www.motech.com.tw

  • Financial performance
    Motech [6244] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    22-May 24,313 9,741 1,032,502,600 41.45 43.45 41.20 43.15+1.60+3.85% 43.10 43.15
    21-May 19,674 8,570 836,785,550 44.65 44.75 41.55 41.55-3.10-6.94% 0.00 41.55
    17-May 19,280 8,247 841,248,550 41.90 44.80 41.50 44.65+2.75+6.56% 44.60 44.65
    16-May 21,789 9,524 925,998,150 41.80 43.75 41.30 41.90+0.50+1.21% 41.90 41.95
    15-May 21,881 9,632 881,090,900 38.80 41.40 38.30 41.40+2.70+6.98% 41.40 0.00
    14-May 12,142 5,768 465,862,750 38.90 38.90 37.75 38.70+0.40+1.04% 38.65 38.70
    • Source: TSE, compiled by Digitimes

    Motech: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-13

    1,625

    1.1%

    (1.3%)

    5,291

    (4.4%)

    Mar-13

    1,606

    61%

    5.5%

    3,667

    (5.7%)

    Feb-13

    997

    (6.2%)

    (27.1%)

    2,061

    (13%)

    Jan-13

    1,063

    (6.2%)

    6.5%

    1,063

    6.5%

    Dec-12

    1,133

    (4.5%)

    21.7%

    14,915

    (47.2%)

    Nov-12

    1,186

    20%

    (4.1%)

    13,782

    (49.5%)

    Oct-12

    989

    (4%)

    (44.6%)

    12,595

    (51.7%)

    Sep-12

    1,030

    (10.2%)

    (53.1%)

    11,607

    (52.2%)

    Aug-12

    1,147

    5.7%

    (58%)

    10,577

    (52.1%)

    Jul-12

    1,086

    (11.5%)

    (58.8%)

    9,429

    (51.3%)

    Jun-12

    1,228

    (22.3%)

    (49.5%)

    8,343

    (50.1%)

    May-12

    1,580

    (4%)

    (26.5%)

    7,115

    (50.1%)

    Apr-12

    1,646

    8.1%

    (12.3%)

    5,536

    (54.3%)

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

    Motech: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-12

    551

    (21.5%)

    (34.2%)

    10,211

    (50%)

    Nov-12

    701

    16.8%

    (19.2%)

    9,660

    (50.7%)

    Oct-12

    600

    (22.1%)

    (54.2%)

    8,959

    (52.2%)

    Sep-12

    770

    (16.3%)

    (54.2%)

    8,358

    (52%)

    Aug-12

    920

    22.3%

    (50.1%)

    7,588

    (51.8%)

    Jul-12

    753

    (16.6%)

    (58.4%)

    6,668

    (52%)

    Jun-12

    903

    (19.7%)

    (41.3%)

    5,915

    (51%)

    May-12

    1,124

    (9.6%)

    (23.3%)

    5,013

    (52.5%)

    Apr-12

    1,243

    12.2%

    (8.7%)

    3,889

    (57.2%)

    Mar-12

    1,107

    23.3%

    (57.3%)

    2,646

    (65.7%)

    Feb-12

    898

    40.2%

    (67.3%)

    1,538

    (70%)

    Jan-12

    641

    (23.4%)

    (73.1%)

    641

    (73.1%)

    Dec-11

    837

    (3.6%)

    (74.8%)

    20,431

    (31%)

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

    Motech: Consolidated revenues, 4Q11 - 4Q12 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    3,302

    1.2%

    (15.8%)

    14,913

    (47.1%)

    3Q-12

    3,263

    (26.8%)

    (56.9%)

    11,611

    (52.2%)

    2Q-12

    4,458

    14.6%

    (31%)

    8,348

    (50%)

    1Q-12

    3,890

    (0.8%)

    (62%)

    3,890

    (62%)

    4Q-11

    3,922

    (48.2%)

    (69.3%)

    28,191

    (27.6%)

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

    Motech: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    1,852

    (24.2%)

    (38.6%)

    10,211

    (50%)

    3Q-12

    2,443

    (25.3%)

    (54.2%)

    8,358

    (52%)

    2Q-12

    3,269

    23.6%

    (25.1%)

    5,915

    (51%)

    1Q-12

    2,646

    (12.3%)

    (65.7%)

    2,646

    (65.7%)

    4Q-11

    3,016

    (43.5%)

    (67.6%)

    20,431

    (31%)

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

    Motech: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    13,879,224

    17,028,849

    17,849,520

    17,431,237

    16,675,004

    Long-term investments

    0

    0

    0

    636,154

    850,554

    Intangible assets

    173,280

    175,361

    181,007

    185,289

    Other assets

    3,235,991

    3,072,655

    2,963,798

    3,447,456

    3,763,412

    Assets

    27,514,603

    30,947,394

    32,212,651

    33,578,693

    33,895,810

    Current liabilities

    5,450,747

    5,926,643

    6,347,300

    6,717,772

    14,588,876

    Other liabilities

    200,622

    187,452

    188,325

    186,745

    189,999

    Liabilities

    13,610,956

    15,961,131

    16,408,711

    15,563,063

    14,778,875

    Stockholders' equity

    13,903,647

    14,986,263

    15,803,940

    18,015,630

    19,116,935

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

    Motech: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    10,406,463

    13,255,463

    13,530,138

    13,227,261

    13,566,552

    Long-term investments

    2,856,593

    3,037,982

    3,216,340

    4,197,248

    4,658,442

    Intangible assets

    4,269

    4,896

    954

    Other assets

    2,736,908

    2,598,875

    2,504,176

    3,008,076

    3,227,490

    Assets

    23,975,971

    27,215,634

    27,984,705

    29,548,321

    30,917,895

    Current liabilities

    2,089,739

    2,373,545

    2,310,418

    2,886,784

    11,824,127

    Other liabilities

    119,678

    115,837

    113,245

    110,283

    108,722

    Liabilities

    10,169,004

    12,336,418

    12,296,749

    11,655,613

    11,932,849

    Stockholders' equity

    13,806,967

    14,879,216

    15,687,956

    17,892,708

    18,985,046

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

    Motech: 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

    3,567,976

     

    3,331,465

     

    4,603,780

     

    4,053,246

     

    4,037,538

     

    Operating revenue

    3,302,278

    92.6%

    3,262,991

    97.9%

    4,457,766

    96.8%

    3,890,116

    96%

    3,921,792

    97.1%

    Gross profit (loss) from operations

    -517,706

    -14.5%

    -543,126

    -16.3%

    -1,146,303

    -24.9%

    -638,581

    -15.8%

    -1,846,746

    -45.7%

    Operating expenses

    688,355

    19.3%

    385,947

    11.6%

    391,151

    8.5%

    286,097

    7.1%

    294,249

    7.3%

    Operating income (loss)

    -1,206,061

    -33.8%

    -929,073

    -27.9%

    -1,537,454

    -33.4%

    -924,678

    -22.8%

    -2,140,995

    -53%

    Non-operating revenues and gains

    36,280

    1%

    49,057

    1.5%

    58,133

    1.3%

    51,671

    1.3%

    10,330

    0.3%

    Income from continuing operations before income tax

    -1,241,449

    -34.8%

    -938,562

    -28.2%

    -2,338,459

    -50.8%

    -1,133,831

    -28%

    -2,371,704

    -58.7%

    Net income (loss)

    -1,051,987

    -29.5%

    -795,268

    -23.9%

    -2,234,685

    -48.5%

    -989,874

    -24.4%

    -1,948,062

    -48.2%

    Fully-diluted earnings per share (NT$)

    0

     

     

     

    0

     

    0

     

    1.2

     

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

    Motech: 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

    2,048,697

     

    2,462,412

     

    3,400,803

     

    2,761,256

     

    3,035,733

     

    Operating revenue

    1,852,488

    90.4%

    2,443,094

    99.2%

    3,269,336

    96.1%

    2,645,961

    95.8%

    3,015,749

    99.3%

    Gross profit (loss) from operations

    -600,077

    -29.3%

    -471,649

    -19.2%

    -1,125,716

    -33.1%

    -559,879

    -20.3%

    -1,466,121

    -48.3%

    Operating expenses

    418,125

    20.4%

    281,815

    11.4%

    252,085

    7.4%

    176,579

    6.4%

    190,196

    6.3%

    Operating income (loss)

    -1,013,688

    -49.5%

    -751,353

    -30.5%

    -1,386,140

    -40.8%

    -724,253

    -26.2%

    -1,652,128

    -54.4%

    Non-operating revenues and gains

    8,355

    0.4%

    40,738

    1.7%

    56,665

    1.7%

    30,103

    1.1%

    19,937

    0.7%

    Income from continuing operations before income tax

    -1,218,208

    -59.5%

    -916,324

    -37.2%

    -2,329,849

    -68.5%

    -1,118,843

    -40.5%

    -2,299,892

    -75.8%

    Net income (loss)

    -1,042,063

    -50.9%

    -786,306

    -31.9%

    -2,227,590

    -65.5%

    -981,244

    -35.5%

    -1,937,698

    -63.8%

    Fully-diluted earnings per share (NT$)

    0

     

    0

     

    0

     

    0

     

    1.2

     

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

  • Motech Industries full profile
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22-May-2013 markets closed

 LastChange

TAIEX (TSE)8398.84+15.79+0.19% 

TSE electronic317.55+0.70+0.22% 

GTSM (OTC)120.71+0.33+0.27% 

OTC electronic145.64+1.03+0.71% 

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