Taipei, Wednesday, June 19, 2013 05:45 (GMT+8)
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LCD driver IC vendors post strong gains in 3Q12, but uncertain about 4Q12 - related company info
Mavis Hong, Taipei; Steve Shen, DIGITIMES [Monday 8 October 2012]
  • Novatek Microelectronics
  • Brief

    Full name: Novatek Microelectronics

    Chinese name: 聯詠科技股份有限公司

    Short name: Novatek

    Stock code: 3034

    Tax ID: 84149955

    Market: TSE

    Established: 28 May 1997

    Paid in capital: NT$6.03 billion

    Listed on TSE: 26 Aug 2002

    Listed on OTC: 24 Apr 2001

    Website: www.novatek.com.tw

  • Financial performance
    Novatek [3034] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    18-Jun 2,986 1,894 410,166,756 138.00 138.50 135.50 137.50-0.50-0.36% 138.00 137.50
    17-Jun 2,894 1,870 397,514,962 137.00 139.50 135.50 138.00+3.00+2.22% 138.50 138.00
    14-Jun 2,764 1,768 379,283,474 140.00 140.50 135.00 135.00-4.00-2.88% 135.50 135.00
    13-Jun 4,486 3,092 625,711,780 140.00 143.00 135.50 139.00-2.50-1.77% 139.50 139.00
    11-Jun 2,589 1,917 367,875,916 143.00 144.00 141.00 141.50-3.50-2.41% 142.00 141.50
    10-Jun 2,181 1,493 316,545,345 144.50 146.50 144.00 145.00+1.50+1.05% 145.00 144.50
    • Source: TSE, compiled by Digitimes

    Novatek: Consolidated revenues, May 2012 - May 2013 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-13

    3,823

    6%

    33.6%

    16,770

    27.2%

    Apr-13

    3,608

    9.4%

    28.5%

    12,947

    25.4%

    Mar-13

    3,300

    20.7%

    23.4%

    9,338

    24.2%

    Feb-13

    2,734

    (17.2%)

    8.6%

    6,038

    24.7%

    Jan-13

    3,304

     

    42.2%

    3,304

    42.2%

    May-12

    2,862

     

     

    13,187

     

    Apr-12

    2,808

    5%

     

    10,325

     

    Mar-12

    2,675

    6.2%

     

    7,517

     

    Feb-12

    2,519

    8.4%

     

    4,842

     

    Jan-12

    2,323

     

     

    2,323

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-12

    3,334

    (7.7%)

    30.6%

    37,011

    5.6%

    Nov-12

    3,614

    (3.7%)

    27.7%

    33,677

    3.7%

    Oct-12

    3,753

    3.8%

    26%

    30,063

    1.4%

    Sep-12

    3,615

    4.4%

    24%

    26,310

    (1.4%)

    Aug-12

    3,462

    9.6%

    14.2%

    22,695

    (4.5%)

    Jul-12

    3,159

    8.8%

    4.7%

    19,233

    (7.2%)

    Jun-12

    2,903

    1.6%

    (5.9%)

    16,074

    (9.2%)

    May-12

    2,857

    1.8%

    (10.2%)

    13,171

    (9.9%)

    Apr-12

    2,806

    5.1%

    (8.4%)

    10,314

    (9.9%)

    Mar-12

    2,670

    6.1%

    (9%)

    7,508

    (10.4%)

    Feb-12

    2,516

    8.4%

    4%

    4,838

    (11.2%)

    Jan-12

    2,322

    (9%)

    (23.3%)

    2,322

    (23.3%)

    Dec-11

    2,552

    (9.8%)

    (15.4%)

    35,034

    (3.4%)

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Consolidated revenues, 1Q12 - 1Q13 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-13

    9,338

    (12.7%)

    24.2%

    9,338

    24.2%

    4Q-12

    10,700

    4.5%

    27.8%

    37,029

    5.6%

    3Q-12

    10,237

    19.4%

    14.1%

    26,329

    (1.4%)

    2Q-12

    8,574

    14.1%

    (8.2%)

    16,091

    (9.2%)

    1Q-12

    7,517

    (10.2%)

    (10.4%)

    7,517

    (10.4%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    10,701

    4.5%

    28%

    37,011

    5.6%

    3Q-12

    10,236

    19.5%

    14.2%

    26,310

    (1.4%)

    2Q-12

    8,566

    14.1%

    (8.2%)

    16,074

    (9.2%)

    1Q-12

    7,508

    (10.2%)

    (10.4%)

    7,508

    (10.4%)

    4Q-11

    8,362

    (6.7%)

    (4.1%)

    35,034

    (3.4%)

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    33,644,930

    31,867,983

    32,142,049

    30,056,273

    30,260,854

    Intangible assets

    2,775,035

    2,788,677

    2,725,198

    2,745,073

    2,776,483

    Other assets

    65,845

    215,738

    257,453

    221,996

    363,401

    Assets

    39,510,409

    37,951,630

    38,190,801

    36,124,319

    36,498,052

    Current liabilities

    15,392,833

    15,250,544

    16,794,011

    13,012,872

    14,208,582

    Other liabilities

    101,571

    60,599

    60,599

    60,599

    60,599

    Liabilities

    15,494,404

    15,311,143

    16,854,610

    13,073,471

    14,269,181

    Stockholders' equity

    24,016,005

    22,640,487

    21,336,191

    23,050,848

    22,228,871

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    33,393,157

    31,598,199

    31,821,268

    29,768,547

    29,956,030

    Long-term investments

    408,184

    423,502

    485,730

    500,576

    512,355

    Intangible assets

    2,758,105

    2,769,518

    2,708,350

    2,727,925

    2,757,277

    Other assets

    59,327

    209,060

    250,586

    215,155

    356,181

    Assets

    39,450,581

    37,890,071

    38,142,634

    36,090,562

    36,457,724

    Current liabilities

    15,333,005

    15,188,985

    16,745,844

    12,979,115

    14,168,254

    Other liabilities

    101,571

    60,599

    60,599

    60,599

    60,599

    Liabilities

    15,434,576

    15,249,584

    16,806,443

    13,039,714

    14,228,853

    Stockholders' equity

    24,016,005

    22,640,487

    21,336,191

    23,050,848

    22,228,871

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Consolidated income statement, 1Q12 - 1Q13 (NT$k)

    Item

    1Q-2013

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    9,407,844

     

    10,752,103

     

    10,284,890

     

    8,617,274

     

    7,544,917

     

    Operating revenue

    9,338,200

    99.3%

    10,699,802

    99.5%

    10,237,373

    99.5%

    8,574,270

    99.5%

    7,517,225

    99.6%

    Gross profit (loss) from operations

    2,605,740

    27.7%

    3,091,065

    28.7%

    2,935,012

    28.5%

    2,360,030

    27.4%

    2,001,043

    26.5%

    Operating expenses

    1,405,099

    14.9%

    1,601,273

    14.9%

    1,509,870

    14.7%

    1,202,165

    14%

    1,122,077

    14.9%

    Operating income (loss)

    1,200,641

    12.8%

    1,489,792

    13.9%

    1,425,142

    13.9%

    1,157,865

    13.4%

    878,966

    11.6%

    Non-operating revenues and gains

    51,814

    0.6%

    84,473

    0.8%

    61,961

    0.6%

    58,844

    0.7%

    51,065

    0.7%

    Income from continuing operations before income tax

    1,252,455

    13.3%

    1,563,182

    14.5%

    1,474,535

    14.3%

    1,167,330

    13.5%

    916,057

    12.1%

    Net income (loss)

    1,061,336

    11.3%

    1,329,392

    12.4%

    1,294,200

    12.6%

    1,032,807

    12%

    780,991

    10.4%

    Fully-diluted earnings per share (NT$)

    1.7

     

    2.2

     

    2.1

     

    1.7

     

    1.3

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    Novatek: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    10,745,250

     

    10,280,792

     

    8,604,721

     

    7,535,868

     

    8,434,239

     

    Operating revenue

    10,700,699

    99.6%

    10,236,277

    99.6%

    8,565,738

    99.5%

    7,508,176

    99.6%

    8,361,617

    99.1%

    Gross profit (loss) from operations

    3,096,392

    28.8%

    2,935,010

    28.5%

    2,354,511

    27.4%

    1,994,153

    26.5%

    2,182,435

    25.9%

    Operating expenses

    1,496,221

    13.9%

    1,400,585

    13.6%

    1,103,403

    12.8%

    1,034,146

    13.7%

    1,147,739

    13.6%

    Operating income (loss)

    1,598,132

    14.9%

    1,534,426

    14.9%

    1,252,082

    14.6%

    960,038

    12.7%

    1,034,653

    12.3%

    Non-operating revenues and gains

    74,060

    0.7%

    57,746

    0.6%

    50,036

    0.6%

    49,637

    0.7%

    15,175

    0.2%

    Income from continuing operations before income tax

    1,559,392

    14.5%

    1,474,200

    14.3%

    1,167,807

    13.6%

    915,991

    12.2%

    948,654

    11.2%

    Net income (loss)

    1,329,392

    12.4%

    1,294,200

    12.6%

    1,032,807

    12%

    780,991

    10.4%

    818,654

    9.7%

    Fully-diluted earnings per share (NT$)

    2.2

     

    2.1

     

    1.7

     

    1.3

     

    1.3

     

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

Realtime news
  • Globalfoundries lands wafer start orders from China-based Rockchip

    Bits + chips | 7h 27min ago

  • Everlight Electronics expects increases in revenue proportion of LED backlights, lighting in 2013

    LED | 7h 46min ago

  • Prices of smartphone and tablet solutions to drop 10-20% in 2H13

    Bits + chips | 7h 50min ago

  • NPC 2013 capex to focus on FC CSP substrates, says president

    Bits + chips | 8h ago

  • Samsung offers subsidies, Asustek cuts prices to promote tablet sales in Brazil, say local channels

    IT + CE | 8h 52min ago

  • China-based TV vendors to procure over 30 million panels from Taiwan makers, says CVIA vice president

    Displays | 9h 47min ago

  • Connector makers worried about price competition arising from Foxconn spinning off NWInG

    Before Going to Press | 8h 37min ago

  • DRAM shortages to continue for 3 years, says Inotera executive

    Before Going to Press | 8h 49min ago

  • Chin-Poon expanding share in global automobile board market

    Before Going to Press | 9h 29min ago

  • Taiwan vendors, ODMs turn conservative about 2H13 notebook shipments

    Before Going to Press | 9h 41min ago

  • Lite-On IT to start production of LED light bulbs in 3Q13

    Before Going to Press | 9h 55min ago

  • Taiwan market: ViewSonic to launch Full HD projectors by end of 2013

    Before Going to Press | 10h 1min ago

  • Foxconn to start production of 70-inch Ultra HD TVs in 1Q14

    Before Going to Press | 10h 2min ago

  • China has no schedule for hiking customs duty on TV panels, says CVIA vice president

    Before Going to Press | 10h 3min ago

  • JDI, CPT, Innolux see increased orders for large-size panels from smartphone vendors, say Taiwan makers

    Before Going to Press | 10h 8min ago

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18-Jun-2013 markets closed

 LastChange

TAIEX (TSE)8011.02+18.13+0.23% 

TSE electronic302.28+1.82+0.61% 

GTSM (OTC)119.63+0.78+0.66% 

OTC electronic143.95+0.94+0.66% 

Digi-Key
LCD TV market trends and outsourcing strategies for 2013
2013 global tablet forecast
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  • Micron reaches deal to acquire Elpida

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  • Taiwan DRAM firms mull fab sales

    Taiwan-based DRAM chipmakers including Powerchip Technology and ProMOS Technologies are considering selling fabs in order to preserve cash and strengthen...

  • Samsung foundry biz expanding

    Specializing in the manufacture of memory chips and LCD panels, Samsung's component operations are undergoing a focus shift to advanced process design...

  • Trends and shipment forecast for 2H 2012 tablet market

    Digitimes Research remains conservative about the prospects for the period, with half-year shipments projected to reach 49.18 million units and whole-year shipments being revised downward to 88.69 million units.

  • Trends in the China video market

    In addition to strong potential video content demand in China, the market has developed rapidly due to government intervention and delays in establishing copyright protections.

  • 4Q12 trends in the Greater China touch panel industry

    In the second half of 2012, the market focus is on the iPhone 5, which uses in-cell touch screen technology. Due to the integration of display panels and touch panel functions, the high technological threshold will mean Taiwan touch panel makers are unable to enter the iPhone supply chain.