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Epistar profit margin to rely on AlGaInP; Formosa Epitaxy likely to return to profitability in 3Q13 - related company info
Siu Han, Taipei; Jackie Chang, DIGITIMES [Thursday 24 January 2013]
  • Formosa Epitaxy
  • Performance
    The company's stock price closed at NT$15.65 on the TSE on Thursday, October 23, 2014.
    The company has reported consolidated revenues of NT$420 million for September 2014, representing a 11.7% drop on month and 43.6% increase on year.
    For the second quarter of 2014, the company totaled NT$1,410 million in consolidated revenues, up 49.9% sequentially and down 2.8% 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 stock
    FOREPI [3061] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    24-Oct 505 299 7,739,575 15.70 15.70 15.15 15.20-0.45-2.88% 15.25 15.20
    23-Oct 1,038 413 16,136,578 15.30 15.75 15.15 15.65+0.30+1.95% 15.65 15.60
    22-Oct 873 355 13,452,135 15.65 15.65 15.30 15.35-0.10-0.65% 15.35 15.30
    21-Oct 3,405 826 52,405,270 14.90 15.65 14.90 15.45+0.50+3.34% 15.50 15.45
    20-Oct 1,229 512 18,571,105 15.35 15.45 14.85 14.95-0.05-0.33% 15.00 14.95
    17-Oct 1,785 500 26,979,530 15.15 15.40 15.00 15.00-0.25-1.64% 15.05 15.00
    16-Oct 2,268 792 33,355,899 14.35 15.35 14.00 15.25+0.50+3.39% 15.30 15.25
    • Source: TSE, compiled by Digitimes
    Latest sales

    FOREPI: Consolidated revenues, Sep 2013 - Sep 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    Nov-13

    249

    (31.7%)

    (26.1%)

    4,138

    (10.4%)

    Oct-13

    365

    24.8%

    (24.8%)

    3,889

    (9.1%)

    Sep-13

    292

    (30.8%)

    (39.1%)

    3,525

    (7.1%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, October 2014

    FOREPI: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%)

    2Q-13

    1,451

    55.9%

    11.7%

    2,381

    0.4%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, October 2014

    Latest balance sheet and income statement

    FOREPI: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    7,354,851

    7,365,558

    8,075,796

    9,010,962

    7,055,933

    Intangible assets

    353,334

    364,702

    374,091

    384,304

    388,177

    Non-current assets

    11,802,021

    12,214,167

    12,611,619

    12,375,495

    12,710,941

    Assets

    19,156,872

    19,579,725

    20,687,415

    21,386,457

    19,766,874

    Current liabilities

    5,825,469

    4,781,305

    4,867,005

    5,144,315

    2,848,433

    Non-current liabilities

    997,406

    1,912,773

    2,243,573

    2,280,148

    4,783,472

    Liabilities

    6,822,875

    6,694,078

    7,110,578

    7,424,463

    7,631,905

    Stockholders' equity

    12,333,997

    12,885,647

    13,576,837

    13,961,994

    12,134,969

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, October 2014

    FOREPI: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    1,409,764

     

    940,738

     

    856,112

     

    1,130,091

     

    1,450,728

     

    Operating revenue

    1,410,139

    100%

    940,738

    100%

    856,362

    100%

    1,130,091

    100%

    1,450,728

    100%

    Gross profit (loss) from operations

    -257,231

    -18.2%

    -411,769

    -43.8%

    -294,422

    -34.4%

    -233,675

    -20.7%

    -126,142

    -8.7%

    Operating expenses

    200,013

    14.2%

    172,699

    18.4%

    144,748

    16.9%

    192,687

    17.1%

    182,909

    12.6%

    Operating income (loss)

    -457,244

    -32.4%

    -584,468

    -62.1%

    -439,170

    -51.3%

    -426,362

    -37.7%

    -309,051

    -21.3%

    Non-operating expenses and losses

    -51,189

    -3.6%

    -81,951

    -8.7%

    17,846

    2.1%

    -46,417

    -4.1%

    23,452

    1.6%

    Income from continuing operations before income tax

    -508,433

    -36.1%

    -666,419

    -70.8%

    -421,324

    -49.2%

    -472,779

    -41.8%

    -285,599

    -19.7%

    Net income (loss)

    -508,090

    -36%

    -661,381

    -70.3%

    -431,367

    -50.4%

    -497,354

    -44%

    -266,787

    -18.4%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, October 2014

  • Formosa Epitaxy full profile

24-Oct-2014 markets closed

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TAIEX (TSE)8731.07-17.76-0.2% 

TSE electronic342.94-1.35-0.39% 

GTSM (OTC)128.14-0.68-0.53% 

OTC electronic163.1-0.81-0.49% 

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