Taipei, Wednesday, September 20, 2017 06:58 (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$14.5 on the TSE on Monday, September 18, 2017.
    The company has reported consolidated revenues of NT$749 million for August 2017, representing a 11.8% increase on month and 18.4% increase on year.
    For the second quarter of 2017, the company totaled NT$2,219 million in consolidated revenues, up 2.7% sequentially and down 50.7% 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$8.58 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
    19-Sep 3,733 1,177 54,053,688 14.60 14.70 14.30 14.45-0.05-0.34% 14.40 14.45
    18-Sep 6,891 2,007 100,981,940 14.80 14.80 14.45 14.50+0.05+0.35% 14.50 14.55
    15-Sep 3,404 1,139 49,044,651 14.50 14.55 14.30 14.45+0.10+0.70% 14.40 14.45
    14-Sep 3,048 950 43,925,864 14.45 14.55 14.30 14.35+0.05+0.35% 14.35 14.40
    13-Sep 4,219 1,411 60,941,510 14.50 14.70 14.30 14.30-0.15-1.04% 14.30 14.35
    12-Sep 5,346 1,794 77,640,017 14.65 14.70 14.40 14.45-0.20-1.37% 14.40 14.45
    11-Sep 19,112 5,262 279,506,395 14.20 14.90 14.15 14.65+0.60+4.27% 14.65 14.70
    • Source: TSE, compiled by Digitimes
    Latest sales

    NSP: Consolidated revenues, Aug 2016 - Aug 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-17

    749

    11.8%

    18.4%

    5,800

    (53%)

    Jul-17

    670

    (26.1%)

    (48.8%)

    5,051

    (56.9%)

    Jun-17

    905

    9.2%

    (27.9%)

    4,382

    (57.9%)

    May-17

    829

    71%

    (51.3%)

    3,476

    (62%)

    Apr-17

    485

    (26.7%)

    (68.7%)

    2,647

    (64.5%)

    Mar-17

    661

    (10%)

    (68.2%)

    2,162

    (63.4%)

    Feb-17

    735

    (4%)

    (57.6%)

    1,501

    (60.8%)

    Jan-17

    766

    (34.3%)

    (63.4%)

    766

    (63.4%)

    Dec-16

    1,166

    29.8%

    (55.8%)

    16,576

    (25.4%)

    Nov-16

    898

    (20%)

    (54.2%)

    15,410

    (21.3%)

    Oct-16

    1,123

    8.2%

    (53.4%)

    14,512

    (17.6%)

    Sep-16

    1,038

    64.2%

    (45.2%)

    13,389

    (11.9%)

    Aug-16

    632

    (51.7%)

    (68%)

    12,350

    (7.2%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2017

    NSP: Consolidated revenues, 2Q16 - 2Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-17

    2,219

    2.7%

    (50.7%)

    4,381

    (57.9%)

    1Q-17

    2,162

    (31.4%)

    (63.4%)

    2,162

    (63.4%)

    4Q-16

    3,150

    5.7%

    (55.1%)

    16,537

    (25.6%)

    3Q-16

    2,979

    (33.9%)

    (46.7%)

    13,387

    (12%)

    2Q-16

    4,504

    (23.7%)

    (9.7%)

    10,408

    8.2%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2017

    Latest balance sheet and income statement

    NSP: Consolidated balance sheet, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    Current assets

    15,845,769

    15,960,998

    17,648,551

    19,571,657

    21,649,540

    Intangible assets

    206,384

    291,530

    314,879

    610,040

    617,983

    Non-current assets

    19,563,815

    19,477,829

    19,206,267

    18,122,246

    18,446,268

    Assets

    35,409,584

    35,438,827

    36,854,818

    37,693,903

    40,095,808

    Current liabilities

    13,253,713

    13,372,762

    12,833,142

    13,160,430

    10,432,648

    Non-current liabilities

    7,576,858

    7,030,397

    7,342,094

    4,268,802

    7,386,859

    Liabilities

    20,830,571

    20,403,159

    20,175,236

    17,429,232

    17,819,507

    Stockholders' equity

    14,579,013

    15,035,668

    16,679,582

    20,264,671

    22,276,301

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2017

    NSP: Consolidated income statement, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    2,219,460

     

    2,161,560

     

    0

     

     

     

    4,503,893

     

    Operating revenue

    2,219,460

    100%

    2,161,560

    100%

    3,150,221

     

    2,979,103

    66.1%

    4,503,893

    100%

    Gross profit (loss) from operations

    -214,409

    -9.7%

    -679,388

    -31.4%

    -992,029

    -31.5%

    -1,278,061

    -28.4%

    -382,021

    -8.5%

    Operating expenses

    461,653

    20.8%

    443,945

    20.5%

    529,783

    16.8%

    472,323

    10.5%

    468,456

    10.4%

    Operating income (loss)

    -676,719

    -30.5%

    -1,135,300

    -52.5%

    -3,730,661

    -118.4%

    -1,786,351

    -39.7%

    -990,936

    -22%

    Non-operating expenses and losses

    169,152

    7.6%

    -180,905

    -8.4%

    11,579

    0.4%

    -89,283

    -2%

    65,748

    1.5%

    Income from continuing operations before income tax

    -507,567

    -22.9%

    -1,316,205

    -60.9%

    -3,719,082

    -118.1%

    -1,875,634

    -41.6%

    -925,188

    -20.5%

    Net income (loss)

    -518,745

    -23.4%

    -1,317,447

    -60.9%

    -3,701,397

    -117.5%

    -1,873,802

    -41.6%

    -942,189

    -20.9%

    Diluted earnings per share (NT$)

    -0.6

     

    -1.3

     

    -3.7

     

    -1.9

     

    -1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2017

  • Neo Solar Power full profile
UMC
Global AP demand forecast, 2017-2020

19-Sep-2017 markets closed

 LastChange

TAIEX (TSE)10576.14-55.43-0.52% 

TSE electronic450.09-2.01-0.44% 

GTSM (OTC)142.47-0.95-0.66% 

OTC electronic211.1-1.51-0.71% 

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