Taipei, Monday, May 20, 2013 04:46 (GMT+8)
mostly cloudy
Taipei
25°C
Etron to swing back to profitability in 2Q13 - related company info
Josephine Lien, Taipei; Jessie Shen, DIGITIMES [Wednesday 7 November 2012]
  • Etron Technology
  • Brief

    Full name: Etron Technology

    Chinese name: 鈺創科技股份有限公司

    Short name: Etron

    Stock code: 5351

    Tax ID: 22099694

    Market: OTC

    Established: 1 Feb 1991

    Paid in capital: NT$4.39 billion

    Listed on OTC: 15 May 1998

    Public since: 17 May 1995

    Website: www.etron.com

  • Financial performance
    Etron [5351] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    17-May 7,122 1,911 92,679,800 12.80 13.20 12.70 13.00+0.30+2.36% 12.95 13.00
    16-May 7,826 2,212 100,268,150 12.80 13.05 12.50 12.70+0.10+0.79% 12.70 12.75
    15-May 7,743 2,322 98,479,800 12.45 13.00 12.30 12.60+0.20+1.61% 12.60 12.65
    10-May 6,256   12.40 12.60 12.15 12.40+0.15+1.22%  
    • Source: TSE, compiled by Digitimes

    Etron: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-13

    594

    15.6%

    7%

    2,115

    7.1%

    Mar-13

    514

    3.6%

    (2.5%)

    1,520

    7.2%

    Feb-13

    497

    (2.6%)

    5%

    1,006

    12.8%

    Jan-13

    510

     

    21.6%

    510

    21.6%

    Apr-12

    555

    5.4%

     

    1,974

     

    Mar-12

    527

    11.5%

     

    1,419

     

    Feb-12

    473

    12.8%

     

    892

     

    Jan-12

    419

     

     

    419

     

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

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-12

    482

    (6.6%)

    26%

    6,024

    5.1%

    Nov-12

    516

    (3.2%)

    25.7%

    5,543

    3.6%

    Oct-12

    532

    3.8%

    30.5%

    5,027

    1.8%

    Sep-12

    513

    (1.8%)

    27.1%

    4,495

    (0.8%)

    Aug-12

    523

    (3.6%)

    48%

    3,982

    (3.5%)

    Jul-12

    542

    3%

    26%

    3,459

    (8.3%)

    Jun-12

    526

    5%

    0.7%

    2,917

    (12.7%)

    May-12

    501

    (5.8%)

    (23.7%)

    2,391

    (15.2%)

    Apr-12

    532

    5.5%

    (14.5%)

    1,890

    (12.7%)

    Mar-12

    505

    11.6%

    (3.9%)

    1,357

    (12%)

    Feb-12

    452

    12.9%

    (11.9%)

    853

    (16.1%)

    Jan-12

    401

    4.8%

    (20.4%)

    401

    (20.4%)

    Dec-11

    382

    (6.8%)

    (17.6%)

    5,730

    (29.5%)

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

    Etron: Consolidated revenues, 4Q11 - 4Q12 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    1,611

    (2.6%)

    27.7%

    6,318

    5.6%

    3Q-12

    1,655

    1.4%

    31.6%

    4,706

    (0.3%)

    2Q-12

    1,632

    15%

    (12.7%)

    3,051

    (11.9%)

    1Q-12

    1,419

    12.4%

    (11%)

    1,419

    (11%)

    4Q-11

    1,262

    0.3%

    (7.7%)

    5,984

    (28.6%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    1,530

    (3%)

    27.4%

    6,024

    5.1%

    3Q-12

    1,578

    1.2%

    32.9%

    4,495

    (0.8%)

    2Q-12

    1,560

    14.9%

    (13.4%)

    2,917

    (12.7%)

    1Q-12

    1,357

    13.1%

    (12%)

    1,357

    (12%)

    4Q-11

    1,201

    1.2%

    (8.4%)

    5,730

    (29.5%)

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

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

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    5,146,946

    5,351,591

    5,703,639

    5,665,325

    5,796,153

    Long-term investments

    589,702

    579,638

    593,936

    587,668

    622,198

    Intangible assets

    133,558

    138,525

    139,948

    145,635

    149,330

    Other assets

    643,264

    452,586

    451,079

    364,818

    440,997

    Assets

    7,497,061

    7,610,778

    8,013,635

    7,949,060

    8,114,420

    Current liabilities

    1,151,176

    1,249,465

    1,411,685

    1,685,668

    1,454,896

    Other liabilities

    51,841

    52,333

    52,843

    45,746

    52,343

    Liabilities

    3,059,987

    3,109,068

    3,387,913

    3,056,630

    2,948,570

    Stockholders' equity

    4,437,074

    4,501,710

    4,625,722

    4,892,430

    5,165,850

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

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

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    4,543,438

    4,592,932

    4,947,105

    4,863,386

    4,968,989

    Long-term investments

    1,619,132

    1,669,455

    1,675,931

    1,686,609

    1,683,361

    Intangible assets

    34,217

    39,382

    40,379

    46,078

    48,795

    Other assets

    468,485

    428,982

    427,434

    341,189

    417,307

    Assets

    7,170,782

    7,331,791

    7,730,925

    7,650,659

    7,800,053

    Current liabilities

    1,065,002

    1,168,550

    1,342,687

    1,612,197

    1,377,535

    Other liabilities

    38,898

    39,123

    39,350

    31,934

    38,303

    Liabilities

    2,893,340

    2,996,943

    3,285,422

    2,947,347

    2,833,169

    Stockholders' equity

    4,277,442

    4,334,848

    4,445,503

    4,703,312

    4,966,884

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

    Etron: 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

    1,610,034

     

    1,679,430

     

    1,672,607

     

    1,452,632

     

    1,293,846

     

    Operating revenue

    1,611,410

    100.1%

    1,654,991

    98.5%

    1,632,191

    97.6%

    1,419,075

    97.7%

    1,262,315

    97.6%

    Gross profit (loss) from operations

    227,122

    14.1%

    175,860

    10.5%

    159,339

    9.5%

    52,062

    3.6%

    -3,645

    -0.3%

    Operating expenses

    267,486

    16.6%

    308,636

    18.4%

    302,846

    18.1%

    311,803

    21.5%

    297,771

    23%

    Operating income (loss)

    -40,364

    -2.5%

    -132,776

    -7.9%

    -143,507

    -8.6%

    -259,741

    -17.9%

    -301,416

    -23.3%

    Non-operating revenues and gains

    71,050

    4.4%

    72,041

    4.3%

    6,643

    0.4%

    24,472

    1.7%

    7,556

    0.6%

    Income from continuing operations before income tax

    51,302

    3.2%

    -122,976

    -7.3%

    -160,044

    -9.6%

    -281,797

    -19.4%

    -320,570

    -24.8%

    Net income (loss)

    43,360

    2.7%

    -125,378

    -7.5%

    -163,015

    -9.7%

    -282,078

    -19.4%

    -327,775

    -25.3%

    Fully-diluted earnings per share (NT$)

    0.1

     

    -0.3

     

    -0.4

     

    -0.6

     

    -0.7

     

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

    Etron: 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

    1,526,988

     

    1,601,142

     

    1,599,684

     

    1,391,281

     

    1,233,671

     

    Operating revenue

    1,529,618

    100.2%

    1,577,606

    98.5%

    1,559,666

    97.5%

    1,357,448

    97.6%

    1,200,506

    97.3%

    Gross profit (loss) from operations

    200,516

    13.1%

    151,645

    9.5%

    132,254

    8.3%

    27,089

    1.9%

    -24,042

    -1.9%

    Operating expenses

    213,322

    14%

    253,643

    15.8%

    246,576

    15.4%

    255,483

    18.4%

    242,101

    19.6%

    Operating income (loss)

    -12,806

    -0.8%

    -101,998

    -6.4%

    -114,322

    -7.1%

    -228,394

    -16.4%

    -266,143

    -21.6%

    Non-operating revenues and gains

    47,560

    3.1%

    26,842

    1.7%

    11,083

    0.7%

    15,754

    1.1%

    -18,897

    -1.5%

    Income from continuing operations before income tax

    54,738

    3.6%

    -112,914

    -7.1%

    -151,234

    -9.5%

    -271,211

    -19.5%

    -315,881

    -25.6%

    Net income (loss)

    51,837

    3.4%

    -114,429

    -7.1%

    -154,724

    -9.7%

    -271,492

    -19.5%

    -318,850

    -25.8%

    Fully-diluted earnings per share (NT$)

    0.1

     

    -0.3

     

    -0.4

     

    -0.6

     

    -0.7

     

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

  • Etron Technology full profile

17-May-2013 markets closed

 LastChange

TAIEX (TSE)8368.19-21.86-0.26% 

TSE electronic316.17-0.60-0.19% 

GTSM (OTC)119.56+0.49+0.41% 

OTC electronic143.91+0.93+0.65% 

GKB Security Corporation
LCD TV market trends and outsourcing strategies for 2013
Trends in China LED chip and packaging sector
  • Samsung reportedly to outsource more chips

    Samsung Electronics reportedly is looking to expand the purchase of memory products, including mobile DRAM chips and eMMC NAND devices, from outside.

  • Micron reaches deal to acquire Elpida

    Micron Technology and Elpida Memory's trustees have reached an agreement for Micron to acquire Elpida. Micron also announced a separate agreement with...

  • 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...

  • 2H 2012 global TFT panel market forecast

    Digitimes Research predicts there will be a total of 389 million large-sized TFT LCD panels shipped in 2H12, with 195 million in the third quarter and 194 million in the fourth quarter - with the total representing a 7.6% increase over the first half of this year.

  • Trends and shipment forecast for 2H 2012 smartphone market

    Smartphone shipments in 2010 and 2011 both enjoyed growth of more than 60%. Growth will decelerate in 2012 due to the high base, as well as a slowdown in consumer spending in Western Europe.

  • Trends in Asia LED chip manufacturing industry

    Asia is playing an ever more important role in upstream LED chip manufacturing. The region accounted for 80% of MOCVD demand in 2011 and will account for 90% in 2012, largely because Taiwan, Japan, South Korea and China are the major global centers for LED chip production.