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Competition over entry-level tablets may hurt ODMs - related company info
Aaron Lee, Taipei; Joseph Tsai, DIGITIMES [Tuesday 26 February 2013]
  • Compal Electronics
  • Compal Electronics is a Taiwan based notebook PC's original design manufacturer (ODM), handling the production of notebook computers and monitors for global PC brands around the world. It is listed in Taiwan Stock Exchange. The company's headquarters is in Taipei, (Taiwan), with offices in the People's Republic of China, South Korea, the United Kingdom, and the United States. Compal's main production facility is in Kunshan, China.

    Compal is one of the largest notebook manufacturers.

  • Performance
    The company's stock price closed at NT$26.7 on the TSE on Thursday, August 28, 2014.
    The company has reported consolidated revenues of NT$69,603 million for July 2014, representing a 9.3% drop on month and 36.8% increase on year.
    For the second quarter of 2014, the company totaled NT$201,870 million in consolidated revenues, up 18.3% sequentially and up 21% on year.
    Brief

    Full name: Compal Electronics

    Chinese name: 仁寶電腦工業股份有限公司

    Short name: Compal

    Stock code: 2324

    Country: Taiwan

    Tax ID: 21222725

    Market: TSE

    Established: 1 Jun 1984

    Paid in capital: NT$44.14 billion

    Listed on TSE: 18 Feb 1992

    Website: www.compal.com

  • Latest stock
    Compal [2324] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    29-Aug 13,843 3,626 371,428,235 26.70 27.05 26.60 26.60-0.10-0.37% 26.65 26.60
    28-Aug 12,881 3,920 344,146,922 26.95 26.95 26.55 26.70-0.25-0.93% 26.70 26.65
    27-Aug 18,098 4,965 487,749,263 27.00 27.15 26.85 26.95-0.05-0.19% 26.95 26.90
    26-Aug 9,963 3,935 269,188,179 27.20 27.30 26.80 27.00-0.20-0.74% 27.00 26.95
    25-Aug 10,681 3,611 290,135,230 27.40 27.40 27.05 27.20+0.00+0.00% 27.20 27.15
    22-Aug 18,301 6,364 498,128,414 27.20 27.45 26.85 27.20+0.35+1.30% 27.20 27.15
    21-Aug 8,492 3,264 229,112,039 27.30 27.30 26.80 26.85-0.05-0.19% 26.85 26.80
    • Source: TSE, compiled by Digitimes
    Latest sales

    Compal: Consolidated revenues, Jul 2013 - Jul 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-14

    69,603

    (9.3%)

    36.8%

    442,051

    14.8%

    Jun-14

    76,706

    12.8%

    34.6%

    372,448

    11.4%

    May-14

    68,001

    19%

    28.3%

    295,741

    6.6%

    Apr-14

    57,168

    (15.4%)

    0.1%

    227,741

    1.5%

    Mar-14

    67,584

    36.5%

    4.4%

    170,572

    2%

    Feb-14

    49,514

    (7.4%)

    9.3%

    102,988

    0.5%

    Jan-14

    53,474

    (17.3%)

    (6.5%)

    53,474

    (6.5%)

    Dec-13

    64,672

    (2%)

    7.2%

    692,693

    1.3%

    Nov-13

    65,974

    5.1%

    3.8%

    628,021

    0.7%

    Oct-13

    62,774

    1.4%

    3.9%

    562,047

    0.4%

    Sep-13

    61,937

    18.9%

    (4.9%)

    499,273

    (0.1%)

    Aug-13

    52,102

    2.4%

    0.7%

    437,336

    0.7%

    Jul-13

    50,865

    (10.8%)

    (9.2%)

    385,234

    0.7%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    201,870

    18.3%

    21%

    372,505

    11.4%

    1Q-14

    170,635

    (11.8%)

    1.8%

    170,635

    1.8%

    4Q-13

    193,464

    17.4%

    5%

    692,748

    1.3%

    3Q-13

    164,849

    (1.2%)

    (4.7%)

    499,284

    (0.1%)

    2Q-13

    166,879

    (0.4%)

    1.2%

    334,435

    2.4%

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

    Latest balance sheet and income statement

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

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    296,493,997

    277,096,547

    287,380,820

    265,708,606

    258,538,691

    Intangible assets

    1,239,563

    1,214,052

    1,293,643

    1,479,177

    1,396,299

    Non-current assets

    49,617,744

    45,391,369

    48,721,994

    50,349,588

    53,228,313

    Assets

    346,111,741

    322,487,916

    336,102,814

    316,058,194

    311,767,004

    Current liabilities

    226,272,594

    206,422,623

    220,597,261

    201,387,323

    194,628,250

    Non-current liabilities

    25,266,348

    19,257,410

    15,543,281

    3,960,559

    2,946,348

    Liabilities

    251,538,942

    225,680,033

    236,140,542

    205,347,882

    197,574,598

    Stockholders' equity

    94,572,799

    96,807,883

    99,962,272

    110,710,312

    114,192,406

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

    Compal: 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

    Operating revenue

    201,870,079

     

    170,634,865

     

    193,464,102

     

    164,849,264

     

    166,879,022

     

    Gross profit (loss) from operations

    7,869,321

     

    7,344,379

     

    7,681,341

     

    6,965,445

     

    6,880,572

     

    Operating expenses

    4,985,630

     

    5,040,257

     

    5,219,867

     

    4,563,189

     

    4,596,140

     

    Operating income (loss)

    2,883,691

     

    2,304,122

     

    2,461,474

     

    2,402,256

     

    2,284,432

     

    Non-operating expenses and losses

    -189,306

     

    -3,772,069

     

    939,409

     

    -5,277,753

     

    -217,563

     

    Income from continuing operations before income tax

    2,694,385

     

    -1,467,947

     

    3,400,883

     

    -2,875,497

     

    2,066,869

     

    Net income (loss)

    2,481,011

     

    -2,124,885

     

    2,577,950

     

    -2,523,981

     

    1,461,330

     

    Diluted earnings per share (NT$)

    0.6

     

    -0.5

     

    0.6

     

    -0.6

     

    0.3

     

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

  • Compal Electronics full profile

29-Aug-2014 markets closed

 LastChange

TAIEX (TSE)9436.27-42.10-0.44% 

TSE electronic371.41-0.80-0.21% 

GTSM (OTC)140.64+0.79+0.56% 

OTC electronic178.59+0.81+0.46% 

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