Taipei, Wednesday, February 10, 2016 09:50 (GMT+8)
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Taipei
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Commentary: Long-term solar material supply contracts increase losses during industry downturns - related company info
Jackie Chang, DIGITIMES, Taipei [Thursday 3 May 2012]
  • Neo Solar Power
  • Performance
    The company's stock price closed at NT$21.15 on the TSE on Thursday, February 4, 2016.
    The company has reported consolidated revenues of NT$2,093 million for January 2016, representing a 20.7% drop on month and 38.8% increase on year.
    For the third quarter of 2015, the company totaled NT$5,586 million in consolidated revenues, up 12% sequentially and down 5.1% on year.
    Brief

    Full name: Neo Solar Power

    Chinese name: 新日光能源科技股份有限公司

    Short name: NSP

    Stock code: 3576

    Tax ID: 27763753

    Market: TSE

    Established: 26 Aug 2005

    Paid in capital: NT$7.89 billion

    Listed on ESB: 9 Oct 2007

    Public since: 4 Sep 2007

    Website: www.neosolarpower.com

  • Latest stock
    NSP [3576] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    5-Feb 3,926   21.35 21.50 21.15 21.15-0.15-0.70%  
    4-Feb 3,926   21.35 21.50 21.15 21.15-0.15-0.70%  
    3-Feb 3,926   21.35 21.50 21.15 21.15-0.15-0.70%  
    2-Feb 3,328 1,489 71,460,273 21.40 21.70 21.30 21.30+0.00+0.00% 21.35 21.30
    1-Feb 4,295 1,915 92,868,745 22.00 22.10 21.30 21.30-0.60-2.74% 21.35 21.30
    • Source: TSE, compiled by Digitimes
    Latest sales

    NSP: Consolidated revenues, Jan 2015 - Jan 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jan-16

    2,093

    (20.7%)

    38.8%

    2,093

    38.8%

    Dec-15

    2,640

    34.6%

    (8.3%)

    22,215

    (19.5%)

    Nov-15

    1,962

    (18.6%)

    (6.4%)

    19,575

    (20.8%)

    Oct-15

    2,410

    27.3%

    17.1%

    17,613

    (22.1%)

    Sep-15

    1,893

    (4.4%)

    (3.6%)

    15,204

    (26%)

    Aug-15

    1,979

    15.5%

    5.8%

    13,311

    (28.4%)

    Jul-15

    1,713

    (5.2%)

    (16.5%)

    11,331

    (32.2%)

    Jun-15

    1,807

    11.3%

    (18.2%)

    9,618

    (34.4%)

    May-15

    1,624

    4.3%

    (38.1%)

    7,811

    (37.3%)

    Apr-15

    1,557

    (6%)

    (39.1%)

    6,187

    (37.1%)

    Mar-15

    1,656

    12.9%

    (34.2%)

    4,630

    (36.4%)

    Feb-15

    1,467

    (2.7%)

    (37.2%)

    2,974

    (37.5%)

    Jan-15

    1,508

    (47.6%)

    (37.8%)

    1,508

    (37.8%)

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

    NSP: Consolidated revenues, 3Q14 - 3Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-15

    5,586

    12%

    (5.1%)

    15,204

    (26%)

    2Q-15

    4,987

    7.7%

    (32.5%)

    9,618

    (34.4%)

    1Q-15

    4,630

    (34.1%)

    (36.4%)

    4,630

    (36.4%)

    4Q-14

    7,030

    19.4%

    (0%)

    27,580

    37.3%

    3Q-14

    5,887

    (20.3%)

    (7.9%)

    20,551

    57.4%

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

    Latest balance sheet and income statement

    NSP: Consolidated balance sheet, 3Q14 - 3Q15 (NT$k)

    Item

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    Current assets

    20,541,675

    18,321,910

    18,160,482

    18,963,652

    18,300,305

    Intangible assets

    531,324

    532,313

    533,308

    534,271

    536,440

    Non-current assets

    17,935,822

    17,684,299

    18,156,404

    18,360,903

    18,547,748

    Assets

    38,477,497

    36,006,209

    36,316,886

    37,324,555

    36,848,053

    Current liabilities

    12,940,928

    9,322,176

    8,578,396

    8,981,935

    9,437,084

    Non-current liabilities

    5,252,636

    6,349,150

    6,376,388

    6,618,849

    7,043,267

    Liabilities

    18,193,564

    15,671,326

    14,954,784

    15,600,784

    16,480,351

    Stockholders' equity

    20,283,933

    20,334,883

    21,362,102

    21,723,771

    20,367,702

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

    NSP: Consolidated income statement, 3Q14 - 3Q15 (NT$k)

    Item

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

    4,987,462

     

    4,630,335

     

    0

     

     

     

    Operating revenue

    5,585,822

    112%

    4,987,462

    100%

    4,630,335

    100%

    7,029,531

     

    5,886,514

    105.4%

    Gross profit (loss) from operations

    275,478

    5.5%

    -193,530

    -3.9%

    -109,932

    -2.4%

    65,277

    0.9%

    54,413

    1%

    Operating expenses

    551,739

    11.1%

    569,146

    11.4%

    323,389

    7%

    377,616

    5.4%

    389,063

    7%

    Operating income (loss)

    -279,906

    -5.6%

    -751,051

    -15.1%

    -422,720

    -9.1%

    -316,420

    -4.5%

    -118,392

    -2.1%

    Non-operating expenses and losses

    -95,621

    -1.9%

    -33,963

    -0.7%

    -74,284

    -1.6%

    -60,851

    -0.9%

    -44,614

    -0.8%

    Income from continuing operations before income tax

    -375,527

    -7.5%

    -785,014

    -15.7%

    -497,004

    -10.7%

    -377,271

    -5.4%

    -163,006

    -2.9%

    Net income (loss)

    -370,615

    -7.4%

    -783,858

    -15.7%

    -492,225

    -10.6%

    -372,265

    -5.3%

    -152,842

    -2.7%

    Diluted earnings per share (NT$)

    -0.4

     

    -0.9

     

    -0.6

     

    -0.5

     

    -0.2

     

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

  • Neo Solar Power full profile
gq
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