Taipei, Wednesday, April 1, 2015 22:00 (GMT+8)
partly cloudy
Taipei
24°C
Commentary: LED consolidations in 2012 to show effects in 2013 - related company info
Siu Han, Taipei; Jackie Chang, DIGITIMES [Thursday 17 January 2013]
  • Formosa Epitaxy
  • Performance
    The company's stock price closed at NT$17 on the TSE on Monday, December 22, 2014.
    The company has reported consolidated revenues of NT$162 million for February 2015, representing a 0% drop on month and 40.2% drop on year.
    For the third quarter of 2014, the company totaled NT$1,436 million in consolidated revenues, up 1.8% sequentially and up 27.1% on year.
    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: PUB

    Established: 4 Nov 1999

    Paid in capital: NT$6.02 billion

    Listed on TSE: 11 Apr 2003

    Listed on ESB: 11 Dec 2002

    Public since: 20 Apr 2000

    Website: www.forepi.com.tw

  • Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    162

    (0%)

    (40.2%)

    323

    (41.8%)

    Jan-15

    162

    (39.8%)

    (43.2%)

    162

    (43.2%)

    Dec-14

    269

    43%

    10.5%

    4,511

    3%

    Nov-14

    188

    (29.8%)

    (24.5%)

    4,242

    2.5%

    Oct-14

    268

    (36.2%)

    (26.6%)

    4,054

    4.2%

    Sep-14

    420

    (11.7%)

    43.6%

    3,787

    7.4%

    Aug-14

    475

    (12.2%)

    12.4%

    3,367

    4.2%

    Jul-14

    541

    7.5%

    29.2%

    2,892

    2.9%

    Jun-14

    503

    4.5%

    3.8%

    2,351

    (1.7%)

    May-14

    482

    13.3%

    (0.9%)

    1,848

    (3.1%)

    Apr-14

    425

    10.2%

    (11.9%)

    1,366

    (3.8%)

    Mar-14

    386

    42.7%

    (3.7%)

    941

    0.4%

    Feb-14

    270

    (5.1%)

    18.8%

    555

    3.4%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    1,436

    1.8%

    27.1%

    3,787

    7.9%

    2Q-14

    1,410

    49.9%

    (2.8%)

    2,351

    (1.3%)

    1Q-14

    941

    9.9%

    1.1%

    941

    1.1%

    4Q-13

    856

    (24.2%)

    (19.3%)

    4,368

    (10%)

    3Q-13

    1,130

    (22.1%)

    (20.3%)

    3,511

    (7.4%)

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

    Latest balance sheet and income statement

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

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    6,824,199

    7,354,851

    7,365,558

    8,075,796

    9,010,962

    Intangible assets

    342,820

    353,334

    364,702

    374,091

    384,304

    Non-current assets

    11,558,471

    11,802,021

    12,214,167

    12,611,619

    12,375,495

    Assets

    18,382,670

    19,156,872

    19,579,725

    20,687,415

    21,386,457

    Current liabilities

    5,769,982

    5,825,469

    4,781,305

    4,867,005

    5,144,315

    Non-current liabilities

    798,432

    997,406

    1,912,773

    2,243,573

    2,280,148

    Liabilities

    6,568,414

    6,822,875

    6,694,078

    7,110,578

    7,424,463

    Stockholders' equity

    11,814,256

    12,333,997

    12,885,647

    13,576,837

    13,961,994

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

    FOREPI: 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

    Gross sales

    1,435,050

     

    1,409,764

     

    940,738

     

    856,112

     

    1,130,091

     

    Operating revenue

    1,435,795

    100.1%

    1,410,139

    100%

    940,738

    100%

    856,362

    100%

    1,130,091

    100%

    Gross profit (loss) from operations

    -360,950

    -25.2%

    -257,231

    -18.2%

    -411,769

    -43.8%

    -294,422

    -34.4%

    -233,675

    -20.7%

    Operating expenses

    304,751

    21.2%

    200,013

    14.2%

    172,699

    18.4%

    144,748

    16.9%

    192,687

    17.1%

    Operating income (loss)

    -665,701

    -46.4%

    -457,244

    -32.4%

    -584,468

    -62.1%

    -439,170

    -51.3%

    -426,362

    -37.7%

    Non-operating expenses and losses

    -1,078

    -0.1%

    -51,189

    -3.6%

    -81,951

    -8.7%

    17,846

    2.1%

    -46,417

    -4.1%

    Income from continuing operations before income tax

    -666,779

    -46.5%

    -508,433

    -36.1%

    -666,419

    -70.8%

    -421,324

    -49.2%

    -472,779

    -41.8%

    Net income (loss)

    -598,166

    -41.7%

    -508,090

    -36%

    -661,381

    -70.3%

    -431,367

    -50.4%

    -497,354

    -44%

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

  • Formosa Epitaxy full profile
Realtime news
  • Clevo partners with Hyatt to establish hotels in China

    IT + CE | 24min ago

  • China imports 7,558 tons of polysilicon in February

    Green energy | 27min ago

  • Micron raises NAND flash quotes

    Bits + chips | 29min ago

  • Asia Pacific device shipments to grow 3.2% in 2015, says Gartner

    Before Going to Press | 1min ago

  • Sino-American to expand solar cell and silicon wafer capacity in 2015

    Before Going to Press | 1min ago

  • Handset supply chain makers to not see orders pick up until 2H15

    Before Going to Press | 3min ago

  • China IC design houses trying to raid talent from Taiwan-based LCD driver IC makers

    Before Going to Press | 4min ago

  • Softbank to invest in Indonesia telecom carrier Telkomsel

    Before Going to Press | 4min ago

  • Panasonic in negotiations with Zuiko for plasma plant sale, says report

    Before Going to Press | 5min ago

  • Digitimes Research: Samsung expected to see increasing orders on 14nm

    Before Going to Press | 28min ago

  • Foxlink posts EPS NT$3.5 for 2014

    Before Going to Press | 37min ago

  • Taiwan applies to join AIIB

    Before Going to Press | 47min ago

  • Zebra Technologies developing solutions for IoT

    Before Going to Press | 47min ago

  • Specialty DRAM specialists ESMT, Etron report profit growth for 2014

    Before Going to Press | 48min ago

  • HP/Foxconn partnership to bring new competition to datacenter industry in 2H15

    Before Going to Press | 1h 33min ago

  • NewEdge Technology shipping wireless charging ICs in volume

    Before Going to Press | 1h 33min ago

  • Driver IC packaging makers expect to see steady demand from large-size TV panels

    Before Going to Press | 1h 34min ago

Pause
 | 
View more

31-Mar-2015 markets closed

 LastChange

TAIEX (TSE)9521.87+18.15+0.19% 

TSE electronic378+0.10+0.03% 

GTSM (OTC)142.07-1.74-1.21% 

OTC electronic186.81-1.50-0.8% 

2015 global notebook demand forecast
Wireless broadband developments in Southeast Asia markets
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • LCD TV overview - Jun 2011

    Growth of the global LCD TV market was not as strong as expected in 2010 as the market continued to feel the aftershocks of the economic recession that had hit...

  • Overview of LCD TV market - May 2010

    When the economic recession hit at the end of 2008, the LCD TV market seemed to be heading toward a doomsday scenario in 2009; however, demand turned out to be...

  • Taiwan's display system makers - Jun 2007

    In addition to pure display makers such as Amtran, Chi Mei, HANNspree, Taiwan-based home appliance makers such as Tatung, Proton, Kolin, several major IT makers...

  • Taiwan's display system makers - Jun 2006

    Taiwan-based display makers come from a variety of areas in the IT industry, from Compal, which is best known for producing notebooks, to Premier, which also produces...

  • 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.

10 days cloud