Taipei, Tuesday, August 30, 2016 05:34 (GMT+8)
mostly cloudy
Taipei
31°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
  • Performance
    The company's stock price closed at NT$0 on the TSE on Friday, August 26, 2016.
    The company has reported consolidated revenues of NT$1,956 million for July 2016, representing a 30.8% drop on month and 14.4% drop on year.
    For the second quarter of 2016, the company totaled NT$8,844 million in consolidated revenues, down 8.1% sequentially and up 72.1% on year.
    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$4.87 billion

    Listed on OTC: 15 May 2003

    Listed on ESB: 18 Nov 2002

    Public since: 17 Jul 2001

    Website: www.motech.com.tw

  • Latest sales

    Motech: Consolidated revenues, Jul 2015 - Jul 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-16

    1,956

    (30.8%)

    (14.4%)

    20,420

    75.9%

    Jun-16

    2,825

    (4.8%)

    32.3%

    18,464

    98%

    May-16

    2,968

    (2.7%)

    79.1%

    15,639

    117.5%

    Apr-16

    3,051

    (5.9%)

    126.6%

    12,671

    129%

    Mar-16

    3,243

    2.4%

    195.9%

    9,620

    129.8%

    Feb-16

    3,166

    (1.4%)

    129.2%

    6,378

    106.3%

    Jan-16

    3,211

    9.2%

    87.8%

    3,211

    87.8%

    Dec-15

    2,941

    4.8%

    95.1%

    24,754

    23.9%

    Nov-15

    2,805

    8.6%

    55.4%

    21,813

    18.1%

    Oct-15

    2,584

    1.8%

    66.7%

    19,008

    14.1%

    Sep-15

    2,539

    11.8%

    63.6%

    16,423

    8.7%

    Aug-15

    2,272

    (0.6%)

    103.5%

    13,884

    2.4%

    Jul-15

    2,286

    7.1%

    91.2%

    11,612

    (6.7%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2016

    Motech: Consolidated revenues, 2Q15 - 2Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-16

    8,844

    (8.1%)

    72.1%

    18,464

    98%

    1Q-16

    9,620

    15.5%

    129.8%

    9,620

    129.8%

    4Q-15

    8,331

    17.4%

    71.3%

    24,754

    23.9%

    3Q-15

    7,098

    38.1%

    83.7%

    16,423

    8.7%

    2Q-15

    5,139

    22.7%

    (2.5%)

    9,326

    (17.1%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2016

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 1Q15 - 1Q16 (NT$k)

    Item

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    Current assets

    21,416,094

    19,689,978

    17,803,142

    18,567,712

    14,392,452

    Intangible assets

    595,801

    604,899

    663,586

    670,995

    62,798

    Non-current assets

    13,235,227

    13,794,805

    14,440,578

    14,693,376

    10,847,574

    Assets

    34,651,321

    33,484,783

    32,243,720

    33,261,088

    25,240,026

    Current liabilities

    14,401,053

    13,119,085

    11,835,690

    17,676,503

    12,490,064

    Non-current liabilities

    4,939,127

    5,842,895

    6,544,274

    1,947,343

    157,737

    Liabilities

    19,340,180

    18,961,980

    18,379,964

    19,623,846

    12,647,801

    Stockholders' equity

    15,311,141

    14,522,803

    13,863,756

    13,637,242

    12,592,225

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2016

    Motech: Consolidated income statement, 2Q15 - 2Q16 (NT$k)

    Item

    2Q-2016

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    8,843,609

     

    9,620,161

     

    8,330,757

     

    7,097,505

     

    5,138,644

     

    Operating revenue

    8,843,609

    100%

    9,620,161

    100%

    8,330,757

    100%

    7,097,505

    100%

    5,138,644

    100%

    Gross profit (loss) from operations

    857,297

    9.7%

    1,384,117

    14.4%

    1,162,671

    14%

    515,906

    7.3%

    89,915

    1.7%

    Operating expenses

    417,359

    4.7%

    418,595

    4.4%

    433,786

    5.2%

    381,967

    5.4%

    379,008

    7.4%

    Operating income (loss)

    439,938

    5%

    965,522

    10%

    728,885

    8.7%

    133,939

    1.9%

    -289,093

    -5.6%

    Non-operating expenses and losses

    -75,580

    -0.9%

    -10,029

    -0.1%

    -265,708

    -3.2%

    -5,731

    -0.1%

    -10,418

    -0.2%

    Income from continuing operations before income tax

    364,358

    4.1%

    955,493

    9.9%

    463,177

    5.6%

    128,208

    1.8%

    -299,511

    -5.8%

    Net income (loss)

    307,815

    3.5%

    825,151

    8.6%

    363,414

    4.4%

    44,061

    0.6%

    -549,322

    -10.7%

    Diluted earnings per share (NT$)

    0.6

     

    1.7

     

    0.8

     

    0.2

     

    -1.2

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2016

  • Motech Industries full profile
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29-Aug-2016 markets closed

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TAIEX (TSE)9131.72+16.25+0.18% 

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OTC electronic168.98-0.37-0.22% 

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