Taipei, Tuesday, June 28, 2016 21:43 (GMT+8)
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CMI, AUO 4Q12 operations subject to risks of high TV panel inventory levels - related company info
Sammi Huang, Taipei; Alex Wolfgram, DIGITIMES [Tuesday 9 October 2012]
  • AU Optronics
  • AUO turns on first 46-inch LCD TV panel from 8.5G facilities AU Optronics Corp. designs, develops, manufactures, assembles and markets flat panel displays. The Company's principal products are thin-film transistor-liquid crystal display (TFT-LCD) panels. AUO is able to offer TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches.

    The company was established in September 2001 by the merger of Acer Display Technology, Inc. and Unipac Optoelectronics Corporation.  

    In October 2006, AUO further merged with Quanta Display Inc. to create a larger TFT-LCD manufacturer with 20% of the world's large-sized TFT-LCD market, forming the company as of today.

    Its panels are used in computer products, such as notebook computers and desktop monitors; consumer electronics products, such as mobile phones, digital photo frames, digital still cameras, portable navigation display, portable digital video disc players, LCD televisions, and industrial displays.  

    The Company sells its panels primarily to original equipment manufacturing service providers or brand customers. The Company groups its business into three marketing channels: Information Technology Displays, Consumer Products Displays and Television Displays. AUO is the first TFT-LCD manufacturer in Taiwan to mass produce TFT-LCD panels by means of G3.5, G4, G5, G6,G7.5 and G8.5 fabrications, and the constructing G8.5 fab was enter mass production in the second half of 2009. In March 2008 and June 2008, the Company acquired 45% and 26% of equity interests in Verticil Electronic Corp. and Dazzo Technology Corporation, respectively.

  • Performance
    The company's stock price closed at NT$9.54 on the TSE on Monday, June 27, 2016.
    The company has reported consolidated revenues of NT$26,795 million for May 2016, representing a 3.8% increase on month and 14.1% drop on year.
    For the first quarter of 2016, the company totaled NT$71,135 million in consolidated revenues, down 14.8% sequentially and down 25.4% on year.
    Brief

    Full name: AU Optronics

    Chinese name: 友達光電股份有限公司

    Short name: AUO

    Arconym: AUO

    Stock code: 2409

    Country: Taiwan

    Tax ID: 84149738

    Market: TSE

    Established: 12 Aug 1996

    Paid in capital: NT$96.24 billion

    Listed on TSE: 8 Sep 2000

    Website: www.auo.com

  • On display
    • AUO 144Hz 4K gaming monitor panel

      AUO has announced a 27-inch gaming monitor panel combining 144Hz high refresh rate and 4K resolution. The company...

      Photo: Company, Jun 3.

    • AUO 5.7-inch WQHD AMOLED

      AUO showcased its 5.7-inch WQHD AMOLED display at the China Information Technology Expo & China Optoelectronics Display...

      Photo: Company, Apr 16.

    • AUO Ultra HD curved panels

      AUO demonstrated a lineup of 42- to 65-inch Ultra HD curved LCD TV displays with wide color gamut at the China Information...

      Photo: Company, Apr 16.

  • Latest stock
    AUO [2409] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    28-Jun 59,534 9,839 572,897,793 9.50 9.73 9.47 9.70+0.16+1.68% 9.71 9.70
    27-Jun 43,100 6,582 406,913,577 9.26 9.55 9.26 9.54+0.19+2.03% 9.55 9.54
    24-Jun 81,818 14,221 768,606,823 9.50 9.59 9.27 9.35-0.07-0.74% 9.34 9.35
    23-Jun 34,347 5,553 324,507,975 9.50 9.50 9.38 9.42-0.01-0.11% 9.42 9.41
    22-Jun 29,596 6,445 277,473,567 9.35 9.43 9.32 9.43+0.11+1.18% 9.43 9.42
    21-Jun 45,681 7,994 429,988,780 9.46 9.49 9.32 9.32-0.08-0.85% 9.33 9.32
    20-Jun 36,721 7,489 345,358,174 9.49 9.49 9.35 9.40+0.21+2.29% 9.40 9.39
    • Source: TSE, compiled by Digitimes
    Latest sales

    AUO: Consolidated revenues, May 2015 - May 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-16

    26,795

    3.8%

    (14.1%)

    123,744

    (21.2%)

    Apr-16

    25,814

    (1.7%)

    (15.5%)

    96,949

    (23%)

    Mar-16

    26,272

    27.7%

    (24.5%)

    71,135

    (25.4%)

    Feb-16

    20,570

    (15.3%)

    (27.5%)

    44,864

    (25.8%)

    Jan-16

    24,294

    (6.4%)

    (24.4%)

    24,294

    (24.4%)

    Dec-15

    25,957

    (8.9%)

    (22.9%)

    360,545

    (11.7%)

    Nov-15

    28,490

    (2.4%)

    (18.1%)

    334,588

    (10.7%)

    Oct-15

    29,193

    (7.1%)

    (21.1%)

    306,098

    (9.9%)

    Sep-15

    31,414

    3%

    (11.8%)

    276,904

    (8.5%)

    Aug-15

    30,493

    11.3%

    (14.1%)

    245,490

    (8.1%)

    Jul-15

    27,391

    (10.4%)

    (23.4%)

    214,997

    (7.2%)

    Jun-15

    30,560

    (2.1%)

    (10.4%)

    187,605

    (4.2%)

    May-15

    31,201

    2.2%

    (10.8%)

    157,046

    (2.9%)

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

    AUO: Consolidated revenues, 1Q15 - 1Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-16

    71,135

    (14.8%)

    (25.4%)

    71,135

    (25.4%)

    4Q-15

    83,442

    (6.6%)

    (20.9%)

    360,346

    (11.7%)

    3Q-15

    89,299

    (3.3%)

    (16.5%)

    276,904

    (8.5%)

    2Q-15

    92,303

    (3.2%)

    (9.5%)

    187,605

    (4.2%)

    1Q-15

    95,302

    (9.6%)

    1.6%

    95,302

    1.6%

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

    Latest balance sheet and income statement

    AUO: Consolidated balance sheet, 1Q15 - 1Q16 (NT$k)

    Item

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    Current assets

    143,299,028

    161,992,140

    180,837,553

    190,801,856

    180,277,767

    Intangible assets

    14,517,958

    14,575,279

    14,809,569

    14,735,773

    14,958,286

    Non-current assets

    264,189,027

    263,562,105

    269,330,637

    264,746,934

    274,483,255

    Assets

    407,488,055

    425,554,245

    450,168,190

    455,548,790

    454,761,022

    Current liabilities

    130,190,998

    141,349,389

    155,997,400

    165,807,590

    161,116,762

    Non-current liabilities

    79,939,527

    79,568,451

    80,064,289

    86,681,475

    88,799,333

    Liabilities

    210,130,525

    220,917,840

    236,061,689

    252,489,065

    249,916,095

    Stockholders' equity

    197,357,530

    204,636,405

    214,106,501

    203,059,725

    204,844,927

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

    AUO: Consolidated income statement, 1Q15 - 1Q16 (NT$k)

    Item

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    71,135,232

     

    83,442,089

     

    89,298,990

     

    92,303,480

     

    95,301,935

     

    Operating revenue

    71,135,232

    100%

    83,442,089

    100%

    89,298,990

    100%

    92,303,480

    100%

    95,301,935

    100%

    Gross profit (loss) from operations

    389,520

    0.5%

    4,488,555

    5.4%

    9,148,059

    10.2%

    11,852,710

    12.8%

    14,347,731

    15.1%

    Operating expenses

    5,486,438

    7.7%

    5,659,397

    6.8%

    5,754,566

    6.4%

    5,506,600

    6%

    5,395,344

    5.7%

    Operating income (loss)

    -5,096,918

    -7.2%

    -1,170,842

    -1.4%

    3,393,493

    3.8%

    6,346,110

    6.9%

    8,952,387

    9.4%

    Non-operating expenses and losses

    -188,110

    -0.3%

    -6,859,400

    -8.2%

    515,196

    0.6%

    -399,540

    -0.4%

    -3,178,554

    -3.3%

    Income from continuing operations before income tax

    -5,285,028

    -7.4%

    -8,030,242

    -9.6%

    3,908,689

    4.4%

    5,946,570

    6.4%

    5,773,833

    6.1%

    Net income (loss)

    -5,580,424

    -7.8%

    -8,239,234

    -9.9%

    3,379,426

    3.8%

    4,430,574

    4.8%

    5,272,116

    5.5%

    Diluted earnings per share (NT$)

    -0.6

     

    -0.8

     

    0.3

     

    0.4

     

    0.5

     

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

  • AU Optronics full profile
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OTC electronic159.97+1.39+0.88% 

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