Taipei, Saturday, May 30, 2015 12:44 (GMT+8)
mostly cloudy
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$23.8 on the TSE on Thursday, May 28, 2015.
    The company has reported consolidated revenues of NT$1,557 million for April 2015, representing a 6% drop on month and 39.1% drop on year.
    For the first quarter of 2015, the company totaled NT$4,630 million in consolidated revenues, down 34.1% sequentially and down 36.4% 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
    29-May 11,798 4,489 284,258,727 23.90 24.45 23.50 24.15+0.35+1.47% 24.20 24.15
    28-May 13,636 5,107 322,689,874 23.15 24.00 23.15 23.80+0.95+4.16% 23.85 23.80
    27-May 7,891 3,174 179,529,314 22.55 23.10 22.30 22.85+0.30+1.33% 22.90 22.85
    26-May 11,625 4,142 262,437,119 23.00 23.15 22.20 22.55+0.00+0.00% 22.55 22.50
    25-May 29,226 9,456 648,800,200 21.60 22.70 21.60 22.55+1.30+6.12% 22.55 22.50
    22-May 11,149 3,515 233,315,343 20.30 21.25 20.30 21.25+1.35+6.78% 0.00 21.25
    21-May 20,196 7,324 408,844,816 21.05 21.05 19.80 19.90-1.35-6.35% 19.95 19.90
    • Source: TSE, compiled by Digitimes
    Latest sales

    NSP: Consolidated revenues, Apr 2014 - Apr 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    Dec-14

    2,877

    37.3%

    19.6%

    27,581

    37.3%

    Nov-14

    2,096

    1.9%

    (10.2%)

    24,704

    39.7%

    Oct-14

    2,057

    4.8%

    (10.6%)

    22,608

    47.3%

    Sep-14

    1,964

    5%

    (13.5%)

    20,551

    57.4%

    Aug-14

    1,871

    (8.8%)

    (11.2%)

    18,587

    72.4%

    Jul-14

    2,052

    (7.1%)

    2.1%

    16,716

    92.7%

    Jun-14

    2,208

    (15.8%)

    13.9%

    14,664

    119.9%

    May-14

    2,624

    2.7%

    135.5%

    12,456

    163.4%

    Apr-14

    2,555

    1.5%

    149.8%

    9,832

    172%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    NSP: Consolidated revenues, 1Q14 - 1Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%

    2Q-14

    7,387

    1.5%

    81.3%

    14,664

    120%

    1Q-14

    7,277

    3.5%

    180.8%

    7,277

    180.8%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Latest balance sheet and income statement

    NSP: Consolidated balance sheet, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    Current assets

    18,160,482

    18,963,652

    18,300,305

    17,094,066

    15,788,981

    Intangible assets

    533,308

    534,271

    536,440

    536,440

    530,591

    Non-current assets

    18,156,404

    18,360,903

    18,547,748

    19,705,995

    19,928,089

    Assets

    36,316,886

    37,324,555

    36,848,053

    36,800,061

    35,717,070

    Current liabilities

    8,578,396

    8,981,935

    9,437,084

    12,493,704

    10,615,478

    Non-current liabilities

    6,376,388

    6,618,849

    7,043,267

    4,054,561

    5,182,368

    Liabilities

    14,954,784

    15,600,784

    16,480,351

    16,548,265

    15,797,846

    Stockholders' equity

    21,362,102

    21,723,771

    20,367,702

    20,251,796

    19,919,224

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    NSP: Consolidated income statement, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    4,630,335

     

    0

     

     

     

    0

     

    7,277,299

     

    Operating revenue

    4,630,335

    100%

    7,029,531

     

    5,886,514

     

    7,386,905

     

    7,277,299

    100%

    Gross profit (loss) from operations

    -109,932

    -2.4%

    65,277

    0.9%

    54,413

    0.9%

    669,037

    9.1%

    790,987

    10.9%

    Operating expenses

    323,389

    7%

    377,616

    5.4%

    389,063

    6.6%

    388,290

    5.3%

    422,097

    5.8%

    Operating income (loss)

    -422,720

    -9.1%

    -316,420

    -4.5%

    -118,392

    -2%

    313,446

    4.2%

    368,890

    5.1%

    Non-operating expenses and losses

    -74,284

    -1.6%

    -60,851

    -0.9%

    -44,614

    -0.8%

    65,269

    0.9%

    14,661

    0.2%

    Income from continuing operations before income tax

    -497,004

    -10.7%

    -377,271

    -5.4%

    -163,006

    -2.8%

    378,715

    5.1%

    383,551

    5.3%

    Net income (loss)

    -492,225

    -10.6%

    -372,265

    -5.3%

    -152,842

    -2.6%

    385,106

    5.2%

    384,390

    5.3%

    Diluted earnings per share (NT$)

    -0.6

     

    -0.5

     

    -0.2

     

    0.5

     

    0.5

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

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