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Innolux tops 3Q12 panel suppliers for China-based TV vendors, says paper - related company info
Amanda Liang, Taipei; Adam Hwang, DIGITIMES [Tuesday 20 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$15.2 on the TSE on Friday, August 29, 2014.
    The company has reported consolidated revenues of NT$36,431 million for July 2014, representing a 0.3% drop on month and 14.6% increase on year.
    For the second quarter of 2014, the company totaled NT$111,064 million in consolidated revenues, up 24% sequentially and down 0.5% 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$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
    1-Sep 130,588   15.20 15.60 15.20 15.20+0.00+0.00%  
    29-Aug 91,284 13,335 1,382,249,774 15.15 15.25 15.00 15.20+0.00+0.00% 15.20 15.15
    28-Aug 269,698 34,704 4,128,616,945 15.35 15.45 15.15 15.20+0.20+1.33% 15.25 15.20
    27-Aug 308,224 40,329 4,544,058,065 14.20 15.00 14.20 15.00+0.95+6.76% 0.00 15.00
    26-Aug 38,806 7,601 543,332,272 14.00 14.05 13.95 14.05+0.00+0.00% 14.05 14.00
    25-Aug 78,777 11,816 1,105,151,805 13.90 14.15 13.80 14.05+0.25+1.81% 14.10 14.05
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    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%)

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

    Innolux: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%)

    2Q-13

    111,567

    (4.5%)

    (0.3%)

    228,415

    1.5%

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

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    152,388,247

    163,533,078

    171,701,969

    163,430,483

    159,077,928

    Intangible assets

    20,531,808

    20,830,472

    21,214,994

    21,644,558

    22,077,056

    Non-current assets

    312,470,595

    323,917,081

    336,498,916

    350,879,802

    367,605,757

    Assets

    464,858,842

    487,450,159

    508,200,885

    514,310,285

    526,683,685

    Current liabilities

    191,259,311

    191,183,861

    300,586,751

    191,960,688

    195,009,203

    Non-current liabilities

    76,990,078

    100,527,608

    13,036,280

    127,137,907

    137,026,938

    Liabilities

    268,249,389

    291,711,469

    313,623,031

    319,098,595

    332,036,141

    Stockholders' equity

    196,609,453

    195,738,690

    194,577,854

    195,211,690

    194,647,544

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

    Innolux: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    111,064,490

     

    89,558,900

     

    97,219,724

     

    97,095,958

     

    111,567,095

     

    Gross profit (loss) from operations

    11,804,227

     

    5,625,844

     

    4,870,872

     

    10,073,997

     

    13,803,399

     

    Operating expenses

    5,437,854

     

    4,446,985

     

    4,936,459

     

    6,004,197

     

    5,768,522

     

    Operating income (loss)

    6,366,373

     

    1,178,859

     

    -65,587

     

    4,069,800

     

    8,034,877

     

    Non-operating expenses and losses

    -2,950,198

     

    -1,016,712

     

    -1,156,909

     

    -3,142,344

     

    -3,785,326

     

    Income from continuing operations before income tax

    3,416,175

     

    162,147

     

    -1,222,496

     

    927,456

     

    4,249,551

     

    Net income (loss)

    3,010,092

     

    152,955

     

    -1,339,495

     

    683,047

     

    4,068,637

     

    Diluted earnings per share (NT$)

    0.3

     

    0

     

    -0.2

     

    0.1

     

    0.5

     

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

1-Sep-2014 markets closed

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TAIEX (TSE)9436.27-42.10-0.44% 

TSE electronic371.41-0.80-0.21% 

GTSM (OTC)140.64+0.79+0.56% 

OTC electronic178.59+0.81+0.46% 

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