Taipei, Thursday, January 29, 2015 21:13 (GMT+8)
mostly cloudy
Taipei
19°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$269 million for December 2014, representing a 43% increase on month and 10.5% increase 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: TSE

    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, Dec 2013 - Dec 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%

    Jan-14

    285

    17%

    (8%)

    285

    (8%)

    Dec-13

    243

    (2.3%)

    3.6%

    4,382

    (9.7%)

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

  • Formosa Epitaxy full profile
Realtime news
  • Smart LED lighting expected to see fast growing demand in 3-4 years, says Philips Taiwan head

    LED | 1h 24min ago

  • Memory suppliers account for more than 60% of 300mm wafer capacity, says IC Insights

    Bits + chips | 1h 28min ago

  • SPIL gearing up for fan-out WLP

    Bits + chips | 1h 34min ago

  • SPIL 2014 profits almost double

    Bits + chips | 1h 38min ago

  • Digitimes Research: Taiwan sees increased 4Q14 digital camera shipments

    IT + CE | 1h 42min ago

  • Taiwan IC design houses January sales to rise

    Before Going to Press | 26min ago

  • Facebook opens Taiwan office

    Before Going to Press | 31min ago

  • Macronix expects return to profitability in 3Q15

    Before Going to Press | 31min ago

  • Taiwan MOEA approves new investments at Kaohsiung Software Park

    Before Going to Press | 37min ago

  • AUO aims to hold a 30% share in curved Ultra HD TV panel shipments in 2015

    Before Going to Press | 1h 30min ago

  • Taiwan government increasing cooperation with local universities to develop medical equipment

    Before Going to Press | 1h 41min ago

  • AUO expects 6-8% on-year increase in LCD panel surface in 2015

    Before Going to Press | 1h 45min ago

  • AUO to increase production capacity at Taiwan 8.5G facilities

    Before Going to Press | 1h 48min ago

  • Digitimes Research: WPC far surpasses PMA in wireless power charging certification

    Before Going to Press | 1h 59min ago

  • China market: Meizu to launch inexpensive TD-LTE smartphone

    Before Going to Press | 2h 1min ago

Pause
 | 
View more

29-Jan-2015 markets closed

 LastChange

TAIEX (TSE)9510.92-10.67-0.11% 

TSE electronic383.5-0.26-0.07% 

GTSM (OTC)139.68-0.17-0.12% 

OTC electronic181.09+0.02+0.01% 

VOICE 2015 Developer Conference
DIGITIMES Marketing Services
DIGITIMES Translation Services
  • 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.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.