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Innolux optimistic about the panel industry in 2013, says CEO - related company info
Sammi Huang, Taipei; Alex Wolfgram, DIGITIMES [Wednesday 14 November 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$14.05 on the TSE on Thursday, December 18, 2014.
    The company has reported consolidated revenues of NT$38,456 million for November 2014, representing a 0.5% increase on month and 18.5% increase on year.
    For the third quarter of 2014, the company totaled NT$113,092 million in consolidated revenues, up 1.8% sequentially and up 16.5% 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$99.56 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
    19-Dec 37,241   14.25 14.40 14.15 14.35+0.30+2.14%  
    18-Dec 45,443 8,230 646,212,068 14.20 14.35 14.05 14.05+0.00+0.00% 14.10 14.05
    17-Dec 65,583 10,229 921,276,036 14.20 14.30 13.90 14.05-0.15-1.06% 14.10 14.05
    16-Dec 41,662 6,595 594,656,806 14.10 14.40 14.10 14.20+0.05+0.35% 14.25 14.20
    15-Dec 52,221 8,325 731,835,813 14.00 14.15 13.90 14.15-0.10-0.70% 14.15 14.10
    12-Dec 44,383 8,363 636,605,572 14.45 14.50 14.25 14.25-0.15-1.04% 14.30 14.25
    11-Dec 71,870 12,319 1,023,064,159 14.00 14.50 13.85 14.40+0.25+1.77% 14.40 14.35
    10-Dec 128,095 19,055 1,834,128,520 14.60 14.70 14.10 14.15-0.55-3.74% 14.20 14.15
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-14

    38,456

    0.5%

    18.5%

    390,453

    (0%)

    Oct-14

    38,281

    (0.5%)

    18.2%

    351,996

    (1.7%)

    Sep-14

    38,481

    0.8%

    18.8%

    313,715

    (3.6%)

    Aug-14

    38,180

    4.8%

    15.6%

    275,234

    (6.1%)

    Jul-14

    36,431

    (0.3%)

    14.6%

    237,054

    (8.9%)

    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%)

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

    Innolux: Consolidated revenues, 3Q13 - 3Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    113,092

    1.8%

    16.5%

    313,715

    (3.6%)

    2Q-14

    111,064

    24%

    (0.5%)

    200,623

    (12.2%)

    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%)

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

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    156,775,577

    152,388,247

    163,533,078

    171,701,969

    163,430,483

    Intangible assets

    20,451,619

    20,531,808

    20,830,472

    21,214,994

    21,644,558

    Non-current assets

    302,339,512

    312,470,595

    323,917,081

    336,498,916

    350,879,802

    Assets

    459,115,089

    464,858,842

    487,450,159

    508,200,885

    514,310,285

    Current liabilities

    177,507,769

    191,259,311

    191,183,861

    300,586,751

    191,960,688

    Non-current liabilities

    66,166,822

    76,990,078

    100,527,608

    13,036,280

    127,137,907

    Liabilities

    243,674,591

    268,249,389

    291,711,469

    313,623,031

    319,098,595

    Stockholders' equity

    215,440,498

    196,609,453

    195,738,690

    194,577,854

    195,211,690

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

    Innolux: Consolidated income statement, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    113,091,500

     

    111,064,490

     

    89,558,900

     

    97,219,724

     

    97,095,958

     

    Gross profit (loss) from operations

    14,565,886

    12.9%

    11,804,227

    10.6%

    5,625,844

    6.3%

    4,870,872

    5%

    10,073,997

    10.4%

    Operating expenses

    5,471,822

    4.8%

    5,437,854

    4.9%

    4,446,985

    5%

    4,936,459

    5.1%

    6,004,197

    6.2%

    Operating income (loss)

    9,094,064

    8%

    6,366,373

    5.7%

    1,178,859

    1.3%

    -65,587

    -0.1%

    4,069,800

    4.2%

    Non-operating expenses and losses

    -1,346,694

    -1.2%

    -2,950,198

    -2.7%

    -1,016,712

    -1.1%

    -1,156,909

    -1.2%

    -3,142,344

    -3.2%

    Income from continuing operations before income tax

    7,747,370

    6.9%

    3,416,175

    3.1%

    162,147

    0.2%

    -1,222,496

    -1.3%

    927,456

    1%

    Net income (loss)

    7,359,509

    6.5%

    3,010,092

    2.7%

    152,955

    0.2%

    -1,339,495

    -1.4%

    683,047

    0.7%

    Diluted earnings per share (NT$)

    0.8

     

    0.3

     

    0

     

    -0.2

     

    0.1

     

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

Realtime news
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    Mobile + telecom | 46min ago

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    Bits + chips | 1h 9min ago

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    Bits + chips | 1h 13min ago

  • NAND flash contract prices see modest drop in 1H December, says DRAMeXchange

    Bits + chips | Dec 18, 22:03

  • Global storage market to reach US$38 billion in 2014, says Western Digital

    IT + CE | Dec 18, 22:02

  • SMIC builds Qualcomm Snapdragon 410 chips using 28nm

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  • Globalfoundries and Cadence deliver first SoC enablement solution featuring ARM Cortex-A17 processor in 28nm-SLP process

    Bits + chips | Dec 18, 21:58

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    Bits + chips | Dec 18, 21:56

  • Unitech expands HDI-board capacity

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  • Xiaomi smartphone finding it difficult to step out of China

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  • Notebook orders from Russia decreasing, says Taiwan ODMs

    Before Going to Press | Dec 18, 21:28

  • ACES Electronics invests in NTGEC to tap China automotive connector market

    Before Going to Press | Dec 18, 21:27

  • SMIC builds Qualcomm Snapdragon 410 chips using 28nm

    Before Going to Press | Dec 18, 21:26

  • Some China PV module makers replace Taiwan-made solar cells with Southeast Asia-made models

    Before Going to Press | Dec 18, 21:26

  • LED light bulb prices fall in Europe, China markets

    Before Going to Press | Dec 18, 21:24

  • NAND flash contract prices see modest drop in 1H December, says DRAMeXchange

    Before Going to Press | Dec 18, 21:23

  • Global Ultra HD TV penetration to rise to 14.2%, says WitsView

    Before Going to Press | Dec 18, 21:23

  • PV equipment book-to-bill ratio stays below parity in 3Q14, says SEMI

    Before Going to Press | Dec 18, 21:22

  • Digitimes Research: Top-3 China based server vendors may ship 2 million units in 2015

    Before Going to Press | Dec 18, 21:21

  • US final anti-dumping, anti-subsidization taxation excludes solar-grade wafers

    Before Going to Press | Dec 18, 21:20

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