Taipei, Friday, March 27, 2015 20:35 (GMT+8)
mostly cloudy
Taipei
17°C
Sitronix 1Q13 revenues to drop 5-10% on quarter - related company info
Mavis Hong, Taipei; Steve Shen, DIGITIMES [Thursday 3 January 2013]
  • Sitronix Technology
  • Performance
    The company's stock price closed at NT$110 on the TSE on Thursday, March 26, 2015.
    The company has reported consolidated revenues of NT$529 million for February 2015, representing a 33.1% drop on month and 27% increase on year.
    For the third quarter of 2014, the company totaled NT$2,085 million in consolidated revenues, up 15.9% sequentially and up 22.4% on year.
    Brief

    Full name: Sitronix Technology

    Chinese name: 矽創電子股份有限公司

    Short name: Sitronix

    Stock code: 8016

    Tax ID: 86735240

    Market: TSE

    Established: 9 Jul 1992

    Paid in capital: NT$1.19 billion

    Listed on TSE: 25 Dec 2003

    Listed on ESB: 30 Dec 2002

    Public since: 30 Jun 2000

    Website: www.sitronix.com.tw

  • Latest stock
    Sitronix [8016] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    27-Mar 949 784 103,633,520 111.00 111.50 108.00 110.00+0.00+0.00% 110.00 109.50
    26-Mar 1,276 1,163 138,821,470 107.00 110.50 106.00 110.00+2.50+2.33% 110.50 110.00
    25-Mar 1,081 1,064 117,649,368 109.50 111.00 107.50 107.50-2.00-1.83% 109.00 107.50
    24-Mar 1,021 967 110,905,232 110.00 111.00 107.00 109.50-0.50-0.45% 109.50 109.00
    23-Mar 1,330 1,155 147,668,360 112.00 113.00 108.50 110.00-1.00-0.90% 110.50 110.00
    20-Mar 2,126 1,512 232,318,859 107.00 112.00 106.00 111.00+5.00+4.72% 111.00 110.50
    19-Mar 1,717 1,287 181,999,468 105.00 108.00 104.00 106.00+1.50+1.44% 106.00 105.50
    18-Mar 2,608 1,687 268,078,488 106.00 106.00 100.50 104.50-0.50-0.48% 104.50 104.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Sitronix: Consolidated revenues, Feb 2014 - Feb 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    529

    (33.1%)

    27%

    1,319

    36%

    Jan-15

    790

    6.6%

    42.8%

    790

    42.8%

    Dec-14

    741

    5.9%

    21.7%

    7,595

    19.8%

    Nov-14

    700

    (5.4%)

    19.2%

    6,854

    19.7%

    Oct-14

    740

    (3%)

    21.1%

    6,154

    19.7%

    Sep-14

    762

    10.5%

    24.8%

    5,414

    19.5%

    Aug-14

    690

    9.1%

    23.3%

    4,651

    18.7%

    Jul-14

    633

    10.1%

    18.7%

    3,961

    17.9%

    Jun-14

    575

    (5.9%)

    31.8%

    3,329

    17.8%

    May-14

    611

    (0.3%)

    29.7%

    2,754

    15.2%

    Apr-14

    613

    9.2%

    19%

    2,143

    11.7%

    Mar-14

    561

    34.8%

    (0.4%)

    1,530

    9%

    Feb-14

    416

    (24.8%)

    15.4%

    969

    15.2%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    2,085

    15.9%

    22.4%

    5,414

    19.5%

    2Q-14

    1,798

    17.5%

    26.5%

    3,329

    17.8%

    1Q-14

    1,530

    (15.4%)

    9%

    1,530

    9%

    4Q-13

    1,808

    6.1%

    31.4%

    6,338

    22.4%

    3Q-13

    1,703

    19.8%

    17.5%

    4,530

    19.1%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Latest balance sheet and income statement

    Sitronix: Consolidated balance sheet, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    Current assets

    4,626,392

    4,140,921

    4,102,502

    4,167,250

    3,697,184

    Intangible assets

    59,855

    60,374

    63,593

    66,985

    70,837

    Non-current assets

    1,696,310

    1,287,393

    1,247,909

    1,255,568

    1,244,180

    Assets

    6,322,702

    5,428,314

    5,350,411

    5,422,818

    4,941,364

    Current liabilities

    2,139,129

    1,533,337

    1,622,833

    1,501,238

    1,183,062

    Non-current liabilities

    93,815

    74,384

    75,488

    74,316

    93,302

    Liabilities

    2,232,944

    1,607,721

    1,698,321

    1,575,554

    1,276,364

    Stockholders' equity

    4,089,758

    3,820,593

    3,652,090

    3,847,264

    3,665,000

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Sitronix: Consolidated income statement, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

     

     

    2,085,033

     

    1,798,491

     

    1,530,254

     

    1,807,739

     

    Gross profit (loss) from operations

     

     

    539,932

    25.9%

    497,039

    27.6%

    437,647

    28.6%

    412,950

    22.8%

    Operating expenses

     

     

    335,410

    16.1%

    311,214

    17.3%

    285,622

    18.7%

    287,593

    15.9%

    Operating income (loss)

     

     

    204,522

    9.8%

    185,825

    10.3%

    152,025

    9.9%

    125,357

    6.9%

    Non-operating expenses and losses

     

     

    27,379

    1.3%

    -7,870

    -0.4%

    16,375

    1.1%

    44,305

    2.5%

    Income from continuing operations before income tax

     

     

    231,901

    11.1%

    177,955

    9.9%

    168,400

    11%

    169,662

    9.4%

    Net income (loss)

     

     

    195,579

    9.4%

    146,576

    8.1%

    139,402

    9.1%

    130,271

    7.2%

    Diluted earnings per share (NT$)

     

     

    1.6

     

    1.2

     

    1.2

     

    1.1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

  • Sitronix Technology full profile

27-Mar-2015 markets closed

 LastChange

TAIEX (TSE)9503.72-115.40-1.2% 

TSE electronic377.9-6.50-1.69% 

GTSM (OTC)143.81-1.22-0.84% 

OTC electronic188.31-2.09-1.1% 

High-brightness LED market trends and forecast, 2015
Analysis of China revised domestic semiconductor industry goals
Trends and developments in the OTT market
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.