• Formosa Epitaxy
• Brief

  Full name: Formosa Epitaxy

  Chinese name: 璨圓光電股份有限公司

  Short name: FOREPI

  Arconym: FOREPI

  Stock code: 3061

  Tax ID: 70754136

  Market: TSE

  Established: 4 Nov 1999

  Paid in capital: NT$4.82 billion

  Listed on TSE: 11 Apr 2003

  Listed on ESB: 11 Dec 2002

  Public since: 20 Apr 2000

  Website: www.forepi.com.tw

  Related news

  • Ledlink to begin LED lighting shell volume production in May-June
  • Everlight, Edison Opto see rising April revenues
  • Booming LED backlight demand to continue until November, say Taiwan LED makers
  • China LED firms may begin dumping in 3Q13
  • Four LED makers see large sequential growth in March revenues
  • China LED firms shift investment focus to downstream segments
  • Formosa Epitaxy adding new MOCVD equipment in 1Q13
  • Epistar expects full capacity in April
• Financial performance
  FOREPI [3061] historical stock price (NT$)
  Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
  17-May	3,306	1,212	69,190,508	21.00	21.15	20.80	20.80	-0.20	-0.95%	20.85	20.80
  16-May	9,013	3,244	189,017,618	20.60	21.35	20.50	21.00	+0.55	+2.69%	21.00	20.95
  15-May	3,382	1,219	68,960,388	20.45	20.60	20.25	20.45	+0.10	+0.49%	20.50	20.45
  14-May	3,253	1,269	66,474,944	20.60	20.70	20.25	20.35	-0.20	-0.97%	20.40	20.35
  13-May	2,235	761	46,249,494	20.75	20.95	20.55	20.55	-0.20	-0.96%	20.65	20.55
  10-May	2,854			21.10	21.10	20.70	20.75	-0.15	-0.72%

  • Source: TSE, compiled by Digitimes

  FOREPI: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Apr-13	483	20.5%	8.1%	1,420	(6.6%)
  Mar-13	400	79.9%	(0.4%)	937	(12.7%)
  Feb-13	223	(26.9%)	(36.5%)	527	(21.5%)
  Jan-13	304		(5.2%)	304	(5.2%)
  Apr-12	446	11%		1,519
  Mar-12	402	14.8%		1,073
  Feb-12	350	9.2%		671
  Jan-12	321			321

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

  FOREPI: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Dec-12	253	(23.8%)	8.1%	4,596	11.5%
  Nov-12	332	(23%)	10.4%	4,343	11.7%
  Oct-12	431	(6.5%)	31.6%	4,011	11.8%
  Sep-12	461	1.8%	41.7%	3,580	9.8%
  Aug-12	453	2.7%	17.9%	3,120	6.2%
  Jul-12	441	4.4%	31.6%	2,667	4.7%
  Jun-12	422	0.4%	18.6%	2,226	0.6%
  May-12	420	7.8%	11.5%	1,804	(2.9%)
  Apr-12	390	1.1%	4.2%	1,383	(6.5%)
  Mar-12	386	20.3%	(3.6%)	993	(10.1%)
  Feb-12	321	17.7%	(8.5%)	593	(15.4%)
  Jan-12	272	16.5%	(22.2%)	272	(22.2%)
  Dec-11	234	(22.1%)	(22.2%)	4,123	(11.1%)

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

  FOREPI: Consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	1,061	(25.2%)	23.2%	4,851	15.4%
  3Q-12	1,418	9.2%	26.9%	3,790	13.4%
  2Q-12	1,299	21%	18.5%	2,372	6.7%
  1Q-12	1,073	24.7%	(4.9%)	1,073	(4.9%)
  4Q-11	861	(23%)	(21.3%)	4,203	(8.9%)

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

  FOREPI: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	984	(27.3%)	16.2%	4,565	11.1%
  3Q-12	1,354	9.9%	29.7%	3,580	9.8%
  2Q-12	1,233	24.1%	10.8%	2,226	0.4%
  1Q-12	993	17.3%	(10.1%)	993	(10.1%)
  4Q-11	847	(18.9%)	(22.9%)	4,109	(11.3%)

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

  FOREPI: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	7,166,694	7,477,847	7,553,956	8,263,344	9,053,706
  Long-term investments		0	0	0	0
  Intangible assets	427,903	81,214	96,605	113,907	131,318
  Other assets	1,365,269	1,093,965	816,735	899,742	875,424
  Assets	19,662,842	19,007,672	18,793,434	19,142,527	19,874,472
  Current liabilities	2,343,387	2,580,116	3,180,406	2,297,429	2,711,513
  Other liabilities	8	8	8	8	8
  Liabilities	7,278,001	6,006,382	5,777,265	6,044,323	6,610,993
  Stockholders' equity	12,384,841	13,001,290	13,016,169	13,098,204	13,263,479

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

  FOREPI: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	5,553,407	5,527,815	5,542,712	6,031,061	6,874,314
  Long-term investments	2,558,071	2,277,334	2,355,938	2,326,911	2,068,701
  Intangible assets	377,871	13,883	12,244	11,589	11,821
  Other assets	278,316	302,125	292,278	247,265	207,709
  Assets	15,447,686	14,418,321	14,018,778	14,183,700	14,659,149
  Current liabilities	1,524,111	1,474,887	2,563,319	1,511,639	1,759,447
  Other liabilities	8	8	8	8	8
  Liabilities	4,536,411	2,979,059	2,620,719	2,721,632	3,104,082
  Stockholders' equity	10,911,275	11,439,262	11,398,059	11,462,068	11,555,067

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

  FOREPI: 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	1,108,515		1,423,694		1,301,124		1,074,252		905,694
  Operating revenue	1,060,522	95.7%	1,418,373	99.6%	1,298,638	99.8%	1,073,287	99.9%	860,892	95.1%
  Gross profit (loss) from operations	-201,390	-18.2%	127,549	9%	29,611	2.3%	-2,906	-0.3%	-133,735	-14.8%
  Operating expenses	189,765	17.1%	187,556	13.2%	190,204	14.6%	150,238	14%	106,810	11.8%
  Operating income (loss)	-391,155	-35.3%	-60,007	-4.2%	-160,593	-12.3%	-153,144	-14.3%	-240,545	-26.6%
  Non-operating revenues and gains	-7,617	-0.7%	23,162	1.6%	12,378	1%	102,835	9.6%	23,165	2.6%
  Income from continuing operations before income tax	-482,276	-43.5%	-61,759	-4.3%	-178,247	-13.7%	-106,776	-9.9%	-300,402	-33.2%
  Net income (loss)	-543,789	-49.1%	-54,563	-3.8%	-108,594	-8.3%	-107,365	-10%	-249,275	-27.5%
  Fully-diluted earnings per share (NT$)			0		0		0		-0

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

  FOREPI: 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	1,031,480		1,356,424		1,235,235		994,332		898,205
  Operating revenue	984,471	95.4%	1,354,261	99.8%	1,232,749	99.8%	993,367	99.9%	847,091	94.3%
  Gross profit (loss) from operations	-83,971	-8.1%	96,061	7.1%	23,630	1.9%	11,213	1.1%	-87,693	-9.8%
  Operating expenses	138,558	13.4%	141,601	10.4%	135,502	11%	107,017	10.8%	47,422	5.3%
  Operating income (loss)	-198,667	-19.3%	-45,051	-3.3%	-111,670	-9%	-91,171	-9.2%	-136,334	-15.2%
  Non-operating revenues and gains	29,867	2.9%	48,582	3.6%	38,353	3.1%	118,033	11.9%	44,597	5%
  Income from continuing operations before income tax	-403,493	-39.1%	-40,853	-3%	-118,095	-9.6%	-54,592	-5.5%	-201,638	-22.4%
  Net income (loss)	-426,095	-41.3%	-33,671	-2.5%	-79,926	-6.5%	-55,081	-5.5%	-199,284	-22.2%
  Fully-diluted earnings per share (NT$)	0		0		0		0		-0

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

• Formosa Epitaxy full profile

Categories: LED LED upstream

Tags: Formosa Formosa Epitaxy

Companies: Formosa Epitaxy

Related stories
• Crystalwise, Tera Xtal to expand sapphire capacity in China (Mar 12)
• Taiwan makers looking to use of sapphire wafers in smartphones (Feb 4)
• Tera Xtal to set up two subsidiaries in China (Jan 29)
• Epistar profit margin to rely on AlGaInP; Formosa Epitaxy likely to return to profitability in 3Q13 (Jan 24)
• December revenues to show continuous decreases, say sapphire substrate makers (Dec 26)
• Prices for 2-inch sapphire wafers fall to below US$7.5 (Nov 19)
• Digitimes Research: Sanan-Formosa Epitaxy cooperation to benefit both firms (Nov 15)
• China-based Sanan Optoelectronics to invest in Taiwan LED maker Formosa Epitaxy (Nov 12)
• Sapphire substrate makers report mixed August revenues (Sep 12)
• BOE eyes team up with Formosa Epitaxy, Unity Opto to set up LED epitaxial wafer plant (Aug 17)
• SAS subsidiary to merge with Crystalwise Technology (Apr 26)

• • Account
  • New user
  • Login