Taipei, Thursday, April 27, 2017 02:01 (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]
  • 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$14.65 on the TSE on Tuesday, April 25, 2017.
    The company has reported consolidated revenues of NT$31,354 million for March 2017, representing a 14.4% increase on month and 67.6% increase on year.
    For the fourth quarter of 2016, the company totaled NT$89,382 million in consolidated revenues, up 20% sequentially and up 9.7% 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$99.53 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
    26-Apr 116,994 14,317 1,699,530,186 14.70 14.70 14.35 14.50-0.15-1.02% 14.50 14.55
    25-Apr 189,244 23,123 2,682,289,064 13.75 14.65 13.75 14.65+1.00+7.33% 14.60 14.65
    24-Apr 93,800 12,649 1,288,678,666 14.00 14.10 13.60 13.65-0.35-2.50% 13.65 13.70
    21-Apr 117,855 25,903 1,659,656,318 14.30 14.35 13.85 14.00-0.10-0.71% 14.00 14.05
    20-Apr 161,550 22,032 2,299,601,736 14.50 14.65 14.00 14.10-0.45-3.09% 14.05 14.10
    19-Apr 192,803 23,315 2,869,996,978 14.80 15.15 14.55 14.55-0.25-1.69% 14.55 14.60
    18-Apr 131,700 19,967 1,944,384,544 14.90 14.90 14.55 14.80+0.10+0.68% 14.75 14.80
    • Source: TSE, compiled by Digitimes
    Latest sales

    Innolux: Consolidated revenues, Mar 2016 - Mar 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-17

    31,354

    14.4%

    67.6%

    86,026

    52.5%

    Feb-17

    27,412

    0.6%

    64.9%

    54,672

    45%

    Jan-17

    27,260

    (15.2%)

    29.3%

    27,260

    29.3%

    Dec-16

    32,152

    10.2%

    21.7%

    287,089

    (21.2%)

    Nov-16

    29,167

    3.9%

    14.6%

    254,937

    (24.5%)

    Oct-16

    28,064

    5.5%

    (5.1%)

    225,771

    (27.7%)

    Sep-16

    26,601

    6.1%

    (15%)

    197,707

    (30.1%)

    Aug-16

    25,062

    9.8%

    (9.9%)

    171,106

    (31.9%)

    Jul-16

    22,822

    (2.3%)

    (23.1%)

    146,044

    (34.7%)

    Jun-16

    23,365

    3.8%

    (22.5%)

    123,222

    (36.5%)

    May-16

    22,505

    7.5%

    (27.9%)

    99,857

    (39%)

    Apr-16

    20,935

    11.9%

    (35.4%)

    77,352

    (41.7%)

    Mar-16

    18,705

    12.5%

    (49.3%)

    56,417

    (43.7%)

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

    Innolux: Consolidated revenues, 4Q15 - 4Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-16

    89,382

    20%

    9.7%

    287,089

    (21.2%)

    3Q-16

    74,485

    11.5%

    (16.1%)

    197,707

    (30.1%)

    2Q-16

    66,805

    18.4%

    (28.8%)

    123,222

    (36.5%)

    1Q-16

    56,417

    (30.8%)

    (43.7%)

    56,417

    (43.7%)

    4Q-15

    81,464

    (8.2%)

    (29.1%)

    364,133

    (15.1%)

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

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 4Q15 - 4Q16 (NT$k)

    Item

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    Current assets

    126,998,131

    107,113,619

    110,483,838

    108,812,385

    138,866,987

    Intangible assets

    18,446,321

    18,642,727

    18,832,779

    19,090,785

    19,342,856

    Non-current assets

    244,481,417

    247,796,924

    238,804,533

    242,445,976

    248,575,349

    Assets

    371,479,548

    354,910,543

    349,288,371

    351,258,361

    387,442,336

    Current liabilities

    116,165,904

    110,974,476

    97,872,822

    91,887,681

    110,471,463

    Non-current liabilities

    29,307,281

    28,591,123

    36,730,103

    36,560,388

    44,706,150

    Liabilities

    145,473,185

    139,565,599

    134,602,925

    128,448,069

    155,177,613

    Stockholders' equity

    226,006,363

    215,344,944

    214,685,446

    222,810,292

    232,264,723

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

    Innolux: Consolidated income statement, 4Q15 - 4Q16 (NT$k)

    Item

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    89,382,367

     

    74,484,602

     

    66,805,188

     

    56,417,120

     

    81,463,607

     

    Gross profit (loss) from operations

    19,801,886

    22.2%

    8,769,040

    11.8%

    1,555,025

    2.3%

    -4,037,460

    -7.2%

    2,526,811

    3.1%

    Operating expenses

    5,806,538

    6.5%

    4,910,922

    6.6%

    4,592,955

    6.9%

    4,364,827

    7.7%

    5,424,779

    6.7%

    Operating income (loss)

    13,995,348

    15.7%

    3,858,118

    5.2%

    -3,037,930

    -4.5%

    -8,402,287

    -14.9%

    -2,897,968

    -3.6%

    Non-operating expenses and losses

    -1,134,795

    -1.3%

    -322,864

    -0.4%

    167,823

    0.3%

    -131,293

    -0.2%

    -3,727,621

    -4.6%

    Income from continuing operations before income tax

    12,860,553

    14.4%

    3,535,254

    4.7%

    -2,870,107

    -4.3%

    -8,533,580

    -15.1%

    -6,625,589

    -8.1%

    Net income (loss)

    10,869,457

    12.2%

    3,058,266

    4.1%

    -3,475,528

    -5.2%

    -8,581,508

    -15.2%

    -6,723,193

    -8.3%

    Diluted earnings per share (NT$)

    1.1

     

    0.3

     

    -0.4

     

    -0.9

     

    -0.7

     

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

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26-Apr-2017 markets closed

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TAIEX (TSE)9856.45+14.74+0.15% 

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GTSM (OTC)132.27+0.79+0.6% 

OTC electronic186.86+1.93+1.04% 

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