Taipei, Wednesday, July 30, 2014 13:54 (GMT+8)
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CMI remains top supplier of panels to China-based TV vendors - related company info
Julian Ho, Taipei; Alex Wolfgram, DIGITIMES [Tuesday 9 October 2012]
  • Innolux Corporation (formerly Chimei Innolux)
  • Innolux Corporation (Innolux), formerly Chimei Innolux Corporation, is a Taiwan-based company primarily engaged in research, development, manufacture and distribution of thin film transistor liquid crystal display (TFT-LCD) panel modules and LCD monitors.  The company will be strong enough to challenge the leading CMI was formed in March 2010 following the merger of LCD monitor maker Innolux Display, Chi Mei Optoelectronics (CMO), and handheld device panel supplier TPO Display.position of AUO Optronics and becoming the world No. 3 liquid-crystal-display (LCD) panel maker.

    The Company's major products include LCD television panels, monitor panels, notebook computer display panels, audio/video (AV) and mobile display panels, medical display panels and special-application panels. Its products are applied in mobile communication products, information product and household electrical appliances. The Company operates international divisions in Japan, the United States, Holland, England, Germany and Singapore. The Company has production facilities in Jhunan and Tainan(Taiwan), Ningbo, Zhejiang Province, and Foshan, Guangdong province in China.

  • Performance
    The company's stock price closed at NT$14.15 on the TSE on Tuesday, July 29, 2014.
    The company has reported consolidated revenues of NT$36,555 million for June 2014, representing a 0.6% increase on month and 10.3% increase on year.
    For the first quarter of 2014, the company totaled NT$89,559 million in consolidated revenues, down 7.9% sequentially and down 23.4% on year.
    Brief

    Full name: Innolux Corporation (formerly Chimei Innolux)

    Chinese name: 群創光電股份有限公司(奇美電子)

    Short name: Innolux

    Stock code: 3481

    Country: Taiwan

    Tax ID: 12800225

    Market: TSE

    Established: 14 Jan 2003

    Paid in capital: NT$91.06 billion

    Listed on TSE: 24 Oct 2006

    Listed on ESB: 5 Jul 2005

    Public since: 17 Jan 2005

    Website: www.chimei-innolux.com

  • Latest stock
    Innolux [3481] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    30-Jul 124,728   14.15 14.50 13.85 14.45+0.30+2.12%  
    29-Jul 336,888 49,266 4,953,542,194 15.40 15.50 14.10 14.15-1.00-6.60% 14.15 14.10
    28-Jul 158,697 19,830 2,411,189,234 15.10 15.40 15.05 15.15+0.20+1.34% 15.15 15.10
    25-Jul 87,799 11,982 1,318,435,670 15.15 15.25 14.90 14.95-0.15-0.99% 15.00 14.95
    24-Jul 150,322 19,647 2,291,399,452 15.10 15.40 15.10 15.10+0.05+0.33% 15.15 15.10
    22-Jul 83,019 10,668 1,241,231,640 15.00 15.10 14.75 15.05+0.10+0.67% 15.05 15.00
    21-Jul 87,732 13,858 1,324,610,413 15.20 15.25 14.90 14.95-0.10-0.66% 15.00 14.95
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    36,555

    0.6%

    10.3%

    200,623

    (12.1%)

    May-14

    36,325

    (4.9%)

    (3.1%)

    164,069

    (15.9%)

    Apr-14

    38,185

    2.3%

    (6.7%)

    127,744

    (19%)

    Mar-14

    37,322

    50.1%

    (16%)

    89,559

    (23.3%)

    Feb-14

    24,869

    (9.1%)

    (24.7%)

    52,237

    (27.8%)

    Jan-14

    27,368

    (15.5%)

    (30.4%)

    27,368

    (30.4%)

    Dec-13

    32,369

    (0.3%)

    (27%)

    422,729

    (12.1%)

    Nov-13

    32,458

    0.2%

    (25%)

    390,360

    (10.6%)

    Oct-13

    32,392

    (0%)

    (22.9%)

    357,902

    (9%)

    Sep-13

    32,393

    (2%)

    (28.6%)

    325,510

    (7.3%)

    Aug-13

    33,043

    4%

    (25.6%)

    293,117

    (4.2%)

    Jul-13

    31,782

    (4.1%)

    (20.1%)

    260,075

    (0.6%)

    Jun-13

    33,139

    (11.6%)

    (10%)

    228,293

    3%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    89,559

    (7.9%)

    (23.4%)

    89,559

    (23.4%)

    4Q-13

    97,220

    0.1%

    (25%)

    422,731

    (12.6%)

    3Q-13

    97,096

    (13%)

    (24.7%)

    325,511

    (8.1%)

    2Q-13

    111,567

    (4.5%)

    (0.3%)

    228,415

    1.5%

    1Q-13

    116,848

    (9.9%)

    3.3%

    116,848

    3.3%

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

    Latest balance sheet and income statement

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

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    163,533,078

    171,701,969

    163,430,483

    159,077,928

    174,705,011

    Intangible assets

    20,830,472

    21,214,994

    21,644,558

    22,077,056

    22,485,036

    Non-current assets

    323,917,081

    336,498,916

    350,879,802

    367,605,757

    383,425,982

    Assets

    487,450,159

    508,200,885

    514,310,285

    526,683,685

    558,130,993

    Current liabilities

    191,183,861

    300,586,751

    191,960,688

    195,009,203

    214,781,092

    Non-current liabilities

    100,527,608

    13,036,280

    127,137,907

    137,026,938

    151,458,210

    Liabilities

    291,711,469

    313,623,031

    319,098,595

    332,036,141

    366,239,302

    Stockholders' equity

    195,738,690

    194,577,854

    195,211,690

    194,647,544

    191,891,691

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

    Innolux: 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

    Operating revenue

    89,558,900

     

    97,219,724

     

    97,095,958

     

    111,567,095

     

    116,847,723

     

    Gross profit (loss) from operations

    5,625,844

     

    4,870,872

     

    10,073,997

     

    13,803,399

     

    9,010,847

     

    Operating expenses

    4,446,985

     

    4,936,459

     

    6,004,197

     

    5,768,522

     

    5,700,669

     

    Operating income (loss)

    1,178,859

     

    -65,587

     

    4,069,800

     

    8,034,877

     

    3,310,178

     

    Non-operating expenses and losses

    -1,016,712

     

    -1,156,909

     

    -3,142,344

     

    -3,785,326

     

    -1,621,336

     

    Income from continuing operations before income tax

    162,147

     

    -1,222,496

     

    927,456

     

    4,249,551

     

    1,688,842

     

    Net income (loss)

    152,955

     

    -1,339,495

     

    683,047

     

    4,068,637

     

    1,682,830

     

    Diluted earnings per share (NT$)

    0

     

    -0.2

     

    0.1

     

    0.5

     

    0.2

     

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

Realtime news
  • Hermes Microvision revenues to stay flat in 3Q14

    Bits + chips | 1h 46min ago

  • China Internet user base grow to 632 million at end of June, says CNNIC

    IT + CE | 2h 20min ago

  • Delta Electronics 2Q14 net profit hits record

    IT + CE | 2h 27min ago

  • Adlink develops 3D intelligent vision-aided positioning system

    IT + CE | 2h 32min ago

  • Inotera, Nanya Technology report strong earnings for 2Q14

    Bits + chips | 2h 36min ago

  • Digitimes Research: Taiwan digital camera shipments in 2Q14 up 43.3% sequentially

    IT + CE | 2h 42min ago

  • Sales for mini versions of flagship smartphones short of expectations

    Mobile + telecom | 3h 5min ago

  • Phison reports strong earnings for 1H14

    Bits + chips - Newswatch | Jul 29, 20:00

  • Delta Electronics 2Q14 gross margin, net profit hit records

    Before Going to Press | Jul 29, 20:48

  • Huawei ships 34 million smartphones in 1H14

    Before Going to Press | Jul 29, 20:36

  • Taiwan market: BenQ 1H14 LCD TV sales up 20% due to low-blue-light models

    Before Going to Press | Jul 29, 20:35

  • Commentary: China antitrust probe could affect Qualcomm performance

    Before Going to Press | Jul 29, 20:34

  • Demand for tablet touch panels decreasing, say Taiwan makers

    Before Going to Press | Jul 29, 20:12

  • Adlink develops 3D intelligent vision-aided positioning system in cooperation with ITRI

    Before Going to Press | Jul 29, 19:58

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30-Jul-2014 markets closed

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TAIEX (TSE)9391.88-28.30-0.3% 

TSE electronic364.59-1.91-0.52% 

GTSM (OTC)142.92-2.73-1.87% 

OTC electronic176.98-4.03-2.23% 

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