Taipei, Wednesday, July 23, 2014 09:00 (GMT+8)
light rain shower/windy
Taipei
28°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$45.95 on the TSE on Friday, July 18, 2014.
    The company has reported consolidated revenues of NT$1,504 million for June 2014, representing a 17.4% drop on month and 10.8% drop on year.
    For the first quarter of 2014, the company totaled NT$5,984 million in consolidated revenues, down 4% sequentially and up 63.2% 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$4.40 billion

    Listed on OTC: 15 May 2003

    Listed on ESB: 18 Nov 2002

    Public since: 17 Jul 2001

    Website: www.motech.com.tw

  • Latest stock
    Motech [6244] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    22-Jul 3,554   44.90 45.65 44.55 45.05+0.15+0.33%  
    18-Jul 3,544   46.20 46.80 45.80 45.95-0.45-0.97%  
    17-Jul 5,135 2,584 236,826,800 45.20 46.50 44.90 46.40+0.90+1.98% 46.40 46.45
    15-Jul 6,469 3,432 288,608,550 42.85 45.50 42.85 45.30+2.75+6.46% 45.25 45.30
    14-Jul 2,450 1,275 104,237,850 41.85 43.00 41.80 42.55+0.75+1.79% 42.55 42.60
    • Source: TSE, compiled by Digitimes
    Latest sales

    Motech: Consolidated revenues, Jun 2013 - Jun 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    1,504

    (17.4%)

    (10.8%)

    11,251

    28.3%

    May-14

    1,821

    (6.3%)

    1.7%

    9,748

    37.6%

    Apr-14

    1,943

    (2.9%)

    19.6%

    7,927

    49.8%

    Mar-14

    2,002

    5.2%

    24.6%

    5,984

    63.2%

    Feb-14

    1,903

    (8.4%)

    90.8%

    3,982

    93.2%

    Jan-14

    2,078

    (0.8%)

    95.5%

    2,078

    95.5%

    Dec-13

    2,095

    2.5%

    84.9%

    21,350

    43.1%

    Nov-13

    2,045

    (2.2%)

    72.4%

    19,255

    39.7%

    Oct-13

    2,090

    (9.4%)

    111.4%

    17,210

    36.6%

    Sep-13

    2,307

    3%

    124%

    15,120

    30.3%

    Aug-13

    2,240

    24.1%

    95.2%

    12,813

    21.1%

    Jul-13

    1,805

    7.1%

    66.2%

    10,573

    12.1%

    Jun-13

    1,686

    (5.8%)

    37.4%

    8,768

    5.1%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2014

    Motech: Consolidated revenues, 1Q13 - 1Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    5,984

    (4%)

    63.2%

    5,984

    63.2%

    4Q-13

    6,230

    (1.8%)

    88.7%

    21,350

    43.2%

    3Q-13

    6,346

    24.3%

    94.5%

    15,120

    30.2%

    2Q-13

    5,107

    39.3%

    14.6%

    8,774

    5.1%

    1Q-13

    3,667

    11%

    (5.7%)

    3,667

    (5.7%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2014

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    15,230,338

    17,433,322

    17,422,019

    16,085,614

    16,485,743

    Intangible assets

    58,858

    59,040

    51,241

    49,600

    54,642

    Non-current assets

    12,134,471

    12,261,083

    12,537,486

    13,065,098

    13,331,921

    Assets

    27,364,809

    29,694,405

    29,959,505

    29,150,712

    29,817,664

    Current liabilities

    7,409,278

    9,071,786

    8,372,354

    7,156,022

    7,681,858

    Non-current liabilities

    5,594,093

    6,397,427

    7,822,132

    8,588,491

    8,807,062

    Liabilities

    13,003,371

    15,469,213

    16,194,486

    15,744,513

    16,488,920

    Stockholders' equity

    14,361,438

    14,225,192

    13,765,019

    13,406,199

    13,328,744

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2014

    Motech: Consolidated income statement, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    5,983,527

     

    6,229,730

     

    6,345,895

     

    5,107,122

     

    3,666,944

     

    Operating revenue

    5,983,527

    100%

    6,229,730

    100%

    6,345,895

    100%

    5,107,122

    100%

    3,666,944

    100%

    Gross profit (loss) from operations

    518,212

    8.7%

    779,053

    12.5%

    771,061

    12.2%

    376,871

    7.4%

    -294,517

    -8%

    Operating expenses

    283,104

    4.7%

    306,606

    4.9%

    306,677

    4.8%

    253,026

    5%

    306,201

    8.4%

    Operating income (loss)

    235,108

    3.9%

    472,447

    7.6%

    464,384

    7.3%

    123,845

    2.4%

    -600,718

    -16.4%

    Non-operating expenses and losses

    -18,955

    -0.3%

    -23,091

    -0.4%

    -42,865

    -0.7%

    -23,917

    -0.5%

    -34,808

    -0.9%

    Income from continuing operations before income tax

    216,153

    3.6%

    449,356

    7.2%

    421,519

    6.6%

    99,928

    2%

    -635,526

    -17.3%

    Net income (loss)

    153,716

    2.6%

    388,988

    6.2%

    395,322

    6.2%

    102,358

    2%

    -646,222

    -17.6%

    Diluted earnings per share (NT$)

    0.4

     

    0.9

     

    0.9

     

    0

     

    -1.5

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2014

  • Motech Industries full profile
Realtime news
  • E Ink Holdings sells CPT convertible bonds

    Before Going to Press | 11h 14min ago

  • Commentary: Microsoft moves to eliminate Nokia

    Before Going to Press | 11h 19min ago

  • Investment in production of N-type monocrystalline solar cells may take off in 2-3 years

    Before Going to Press | 11h 22min ago

  • TPCA urges Taiwan government to upgrade PCB industry

    Before Going to Press | 11h 44min ago

  • Fujitsu Taiwan to cooperate with university to set up Big Data R&D platform

    Before Going to Press | 11h 54min ago

  • Digitimes Research: Demand for sapphires for optical use estimated at 12.44 million mm in 2014

    Before Going to Press | 11h 58min ago

  • China market: Xiaomi launches new flagship smartphone

    Before Going to Press | 11h 59min ago

  • Bay Zu Precision to showcase roll-to-roll vacuum sputtering systems at Touch Taiwan 2014

    Before Going to Press | 12h ago

  • TSMC to offer more wafer starts to MediaTek in 3Q14

    Before Going to Press | Jul 22, 20:59

  • Apple new iPhones to come with different time tables to avoid competition

    Before Going to Press | Jul 22, 20:57

  • Digitimes Research: Global tablet shipments reach 55.06 million units in 2Q14

    Before Going to Press | Jul 22, 20:51

  • Innolux, AUO facing competition from South Korea-based Ultra HD TV makers in China

    Before Going to Press | Jul 22, 20:13

  • USI reportedly lands SiP module orders for iWatch devices

    Before Going to Press | Jul 22, 19:56

  • Chi Mei Materials starts construction of polarizer factory in China

    Before Going to Press | Jul 22, 19:50

  • Taiwan server ODMs may benefit from Project Scorpio 2.0 to begin in September

    Before Going to Press | Jul 22, 19:12

  • Microsoft facing increased competition from MacBook, Chromebook, say Taiwan makers

    Before Going to Press | Jul 22, 18:38

Pause
 | 
View more

21-Jul-2014 markets closed

 LastChange

TAIEX (TSE)9400.97-7.27-0.08% 

TSE electronic370.47-0.65-0.18% 

GTSM (OTC)147.84-0.32-0.22% 

OTC electronic182.98-1.06-0.58% 

DIGITIMES Research Tracker Services
2014 global notebook demand forecast
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.

TAG CLOUD
10 days cloud