Taipei, Saturday, May 18, 2013 20:54 (GMT+8)
fog
Taipei
27°C
Commentary: NSP, DelSolar merger unlikely to stir industry - related company info
Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Friday 7 December 2012]
  • DelSolar
  • Brief

    Full name: DelSolar

    Chinese name: 旺能光電股份有限公司

    Short name: DelSolar

    Stock code: 3599

    Tax ID: 27246317

    Market: TSE

    Established: 23 Nov 2004

    Paid in capital: NT$2.67 billion

    Listed on ESB: 21 Nov 2007

    Public since: 24 Oct 2007

    Website: www.delsolarpv.com

  • Financial performance
    DelSolar [3599] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    17-May 1,620 448 29,679,750 17.90 18.55 17.90 18.50+0.75+4.23% 18.55 18.50
    16-May 2,103 544 38,318,618 18.25 18.55 17.45 17.75-0.40-2.20% 17.80 17.75
    15-May 2,202 627 39,513,151 17.75 18.20 17.35 18.15+0.40+2.25% 18.15 18.10
    14-May 1,320 450 23,005,132 17.75 17.80 17.10 17.75+0.00+0.00% 17.75 17.70
    13-May 3,015 829 53,577,782 17.80 18.15 17.25 17.75+0.50+2.90% 17.75 17.70
    10-May 3,352   17.00 17.60 16.85 17.25+0.55+3.29%  
    9-May 1,493 358 24,834,566 15.90 16.70 15.90 16.70+1.05+6.71% 0.00 16.70
    • Source: TSE, compiled by Digitimes

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-13

    613

    23.3%

    23%

    1,844

    (12.3%)

    Mar-13

    497

    25%

    (11.9%)

    1,231

    (23.3%)

    Feb-13

    398

    18.2%

    (16.8%)

    734

    (29.5%)

    Jan-13

    337

    5.4%

    (40.2%)

    337

    (40.2%)

    Dec-12

    320

    (15.2%)

    60.6%

    5,703

    (41.4%)

    Nov-12

    377

    58.7%

    (26.5%)

    5,384

    (43.5%)

    Oct-12

    237

    (30.6%)

    (61.3%)

    5,007

    (44.4%)

    Sep-12

    342

    (29.1%)

    (43.9%)

    4,770

    (43.2%)

    Aug-12

    482

    (4.1%)

    (42.9%)

    4,428

    (43.2%)

    Jul-12

    503

    (14.6%)

    (50.2%)

    3,945

    (43.2%)

    Jun-12

    589

    (21.4%)

    (31%)

    3,442

    (42%)

    May-12

    750

    50.4%

    7.6%

    2,853

    (43.8%)

    Apr-12

    498

    (11.6%)

    (40.5%)

    2,103

    (52%)

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

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-12

    270

    (27.6%)

    124.6%

    5,224

    (44.4%)

    Nov-12

    373

    58.7%

    (24.2%)

    4,954

    (46.6%)

    Oct-12

    235

    (28.6%)

    (61.6%)

    4,580

    (47.9%)

    Sep-12

    330

    (28%)

    (45.6%)

    4,345

    (46.8%)

    Aug-12

    458

    (7.3%)

    (44%)

    4,015

    (46.9%)

    Jul-12

    494

    (13.6%)

    (52.1%)

    3,557

    (47.3%)

    Jun-12

    572

    (22.3%)

    (31%)

    3,063

    (46.4%)

    May-12

    736

    49.7%

    4.4%

    2,491

    (49%)

    Apr-12

    492

    2.7%

    (37.2%)

    1,755

    (58%)

    Mar-12

    479

    23%

    (60%)

    1,263

    (62.8%)

    Feb-12

    390

    (1.1%)

    (65%)

    784

    (64.3%)

    Jan-12

    394

    227.5%

    (63.6%)

    394

    (63.6%)

    Dec-11

    120

    (75.6%)

    (88.8%)

    9,395

    (6.3%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    934

    (29.6%)

    (29.6%)

    5,703

    (41.4%)

    3Q-12

    1,327

    (27.8%)

    (46.2%)

    4,770

    (43.2%)

    2Q-12

    1,837

    14.5%

    (23.1%)

    3,442

    (42%)

    1Q-12

    1,605

    21%

    (54.7%)

    1,605

    (54.7%)

    4Q-11

    1,326

    (46.2%)

    (65.7%)

    9,724

    (15.9%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    879

    (31.4%)

    (28.3%)

    5,224

    (44.4%)

    3Q-12

    1,282

    (28.8%)

    (47.8%)

    4,345

    (46.8%)

    2Q-12

    1,800

    42.6%

    (22.3%)

    3,063

    (46.4%)

    1Q-12

    1,263

    3%

    (62.8%)

    1,263

    (62.8%)

    4Q-11

    1,226

    (50.1%)

    (65.1%)

    9,395

    (6.3%)

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

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

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    5,170,107

    4,534,100

    6,167,459

    6,721,637

    5,966,245

    Intangible assets

    768

    832

    917

    976

    1,067

    Other assets

    1,330,404

    1,504,352

    1,311,548

    1,295,506

    1,297,610

    Assets

    12,796,678

    12,354,313

    14,224,604

    14,769,033

    14,297,229

    Current liabilities

    5,128,577

    4,070,933

    5,027,261

    4,954,427

    4,360,676

    Other liabilities

    179,293

    166,542

    157,040

    146,767

    202,685

    Liabilities

    7,161,203

    6,090,808

    7,464,301

    7,912,374

    6,863,968

    Stockholders' equity

    5,635,475

    6,263,505

    6,760,303

    6,856,659

    7,433,261

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

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

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    3,269,894

    3,050,041

    4,337,527

    4,470,828

    3,713,950

    Long-term investments

    3,491,425

    3,515,640

    3,610,641

    3,680,843

    3,984,232

    Other assets

    833,664

    1,024,477

    1,152,986

    1,177,372

    1,199,899

    Assets

    11,844,046

    11,526,177

    12,942,067

    13,106,365

    12,748,175

    Current liabilities

    4,131,313

    3,215,689

    3,718,550

    3,807,503

    3,426,741

    Other liabilities

    223,925

    193,650

    183,214

    162,203

    241,506

    Liabilities

    6,208,571

    5,262,672

    6,181,764

    6,249,706

    5,314,914

    Stockholders' equity

    5,635,475

    6,263,505

    6,760,303

    6,856,659

    7,433,261

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

    DelSolar: 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

    934,871

     

    1,335,784

     

    1,839,268

     

    1,629,644

     

    1,440,044

     

    Operating revenue

    933,889

    99.9%

    1,327,371

    99.4%

    1,837,334

    99.9%

    1,604,799

    98.5%

    1,326,222

    92.1%

    Gross profit (loss) from operations

    -423,008

    -45.2%

    -261,220

    -19.6%

    -203,190

    -11%

    -341,092

    -20.9%

    -1,052,599

    -73.1%

    Operating expenses

    143,624

    15.4%

    156,856

    11.7%

    241,889

    13.2%

    201,729

    12.4%

    272,469

    18.9%

    Operating income (loss)

    -566,632

    -60.6%

    -418,076

    -31.3%

    -445,079

    -24.2%

    -542,821

    -33.3%

    -1,325,068

    -92%

    Non-operating revenues and gains

    65,651

    7%

    18,745

    1.4%

    36,041

    2%

    17,517

    1.1%

    17,858

    1.2%

    Income from continuing operations before income tax

    -531,632

    -56.9%

    -418,722

    -31.3%

    -438,379

    -23.8%

    -544,282

    -33.4%

    -1,325,276

    -92%

    Net income (loss)

    -633,341

    -67.7%

    -418,720

    -31.3%

    -377,567

    -20.5%

    -482,872

    -29.6%

    -1,119,632

    -77.7%

    Fully-diluted earnings per share (NT$)

     

     

     

     

     

     

    -1.9

     

    -4.5

     

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

    DelSolar: 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

    879,521

     

    1,290,328

     

    1,802,022

     

    1,287,790

     

    1,369,049

     

    Operating revenue

    878,860

    99.9%

    1,281,918

    99.3%

    1,800,335

    99.9%

    1,262,916

    98.1%

    1,225,919

    89.5%

    Gross profit (loss) from operations

    -380,699

    -43.3%

    -222,809

    -17.3%

    -131,357

    -7.3%

    -172,523

    -13.4%

    -1,310,774

    -95.7%

    Operating expenses

    116,143

    13.2%

    127,309

    9.9%

    194,101

    10.8%

    159,057

    12.4%

    215,921

    15.8%

    Operating income (loss)

    -496,842

    -56.5%

    -350,118

    -27.1%

    -325,458

    -18.1%

    -317,489

    -24.7%

    -1,526,695

    -111.5%

    Non-operating revenues and gains

    51,217

    5.8%

    8,065

    0.6%

    30,896

    1.7%

    11,767

    0.9%

    7,787

    0.6%

    Income from continuing operations before income tax

    -506,313

    -57.6%

    -370,204

    -28.7%

    -418,058

    -23.2%

    -518,615

    -40.3%

    -1,286,252

    -94%

    Net income (loss)

    -633,341

    -72%

    -418,720

    -32.5%

    -377,567

    -21%

    -482,872

    -37.5%

    -1,119,632

    -81.8%

    Fully-diluted earnings per share (NT$)

     

     

     

     

     

     

    -1.9

     

    -4.5

     

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

  • DelSolar 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% 

Top 5 global AP suppliers in 2013
Smartphone industry and market, 2013 forecast
2013 global tablet forecast
  • Solar market rebounding?

    Taiwan-based solar firms have been expressing optimistic view about the solar market.

  • Sunset for Suntech?

    China-based large-size solar firm Suntech Power Holdings failed to pay back US$541 million in convertible notes on March 15 and announced the insolvency...

  • Rumors from China solar industry

    China government reportedly planned to announce the preliminary result of the anti-dumping and anti-subsidy investigation on February 20, but now the...

  • Solar consolidation

    Neo Solar Power to merge with Delta's subsidiary, DelSolar

  • 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.

  • 4Q12 trends in the Greater China touch panel industry

    In the second half of 2012, the market focus is on the iPhone 5, which uses in-cell touch screen technology. Due to the integration of display panels and touch panel functions, the high technological threshold will mean Taiwan touch panel makers are unable to enter the iPhone supply chain.