- Coretronic
-
Brief
Full name: Coretronic
Chinese name: 中強光電股份有限公司
Short name: Coretronic
Stock code: 5371
Tax ID: 22099907
Market: OTC
Established: 30 Jun 1992
Paid in capital: NT$7.24 billion
Listed on OTC: 20 Jan 1999
Public since: 15 Apr 1997
Website: www.coretronic.com
Related news- Coretronic ships 5.78 million BLUs in May
- Coretronic ships 5.9 million BLUs in April
- Coretronic expects 50% sequential growth in 2Q13 TV BLU shipments
- Coretronic BLU shipments increase 2% in March
- Radiant Opto-Electronics, Coretronic expected to see sequential growth in March revenues
- Coretronic BLU shipments down 18% in February
- Coretronic expects over 50% sequential growth in 1Q13 tablet BLU shipments
- Coretronic ships 6.95 million BLUs in January
-
Financial performance
Coretronic [5371] historical stock price (NT$) Date Volume (k) Transactions Value Open High Low Close Change Ask Bid 19-Jun 8,960 26.60 27.30 26.40 26.40 +0.05 +0.19% 18-Jun 6,594 3,007 175,350,700 26.85 26.90 26.20 26.35 -0.40 -1.50% 26.35 26.40 17-Jun 8,200 3,341 216,925,900 26.05 26.85 25.90 26.75 +1.15 +4.49% 26.75 26.80 14-Jun 6,659 3,113 171,369,750 25.60 26.25 25.05 25.60 +0.50 +1.99% 25.60 25.65 13-Jun 3,679 1,659 93,859,750 25.70 26.10 25.10 25.10 -0.65 -2.52% 25.10 25.25 11-Jun 4,851 2,294 126,236,050 25.80 26.30 25.60 25.75 +0.30 +1.18% 25.75 25.80 10-Jun 2,923 1,114 74,538,700 25.50 25.70 25.35 25.45 +0.35 +1.39% 25.45 25.50 - Source: TSE, compiled by Digitimes
Coretronic: Consolidated revenues, May 2012 - May 2013 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
May-13
5,996
6.2%
(2.4%)
27,391
(3.7%)
Apr-13
5,647
0.5%
(3%)
21,395
(4.1%)
Mar-13
5,621
23.8%
3.7%
15,747
(4.5%)
Feb-13
4,540
(18.7%)
(17.9%)
10,126
(8.5%)
Jan-13
5,586
(1.3%)
1%
5,586
1%
Dec-12
5,660
2.9%
(4%)
67,626
(12.3%)
Nov-12
5,501
1.7%
(6.6%)
61,967
(12.9%)
Oct-12
5,411
(2%)
(19.9%)
56,465
(13.5%)
Sep-12
5,523
(0.7%)
(18.3%)
51,054
(12.8%)
Aug-12
5,559
0.8%
(12.3%)
45,531
(12.1%)
Jul-12
5,516
(8.2%)
(12.8%)
39,972
(12%)
Jun-12
6,010
(2.2%)
(4.4%)
34,456
(11.9%)
May-12
6,146
5.6%
(4.7%)
28,446
(13.3%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Dec-12
1,602
(5.6%)
12.9%
20,911
3.2%
Nov-12
1,696
(9.4%)
5.5%
19,310
2.4%
Oct-12
1,872
1.3%
2.7%
17,613
2.2%
Sep-12
1,849
12.3%
(0.9%)
15,741
2.1%
Aug-12
1,646
(1.5%)
(6.8%)
13,892
2.5%
Jul-12
1,672
(3.8%)
(0.9%)
12,246
3.9%
Jun-12
1,737
(6.8%)
(7%)
10,574
4.7%
May-12
1,864
0.8%
8%
8,837
7.3%
Apr-12
1,849
(3%)
31.2%
6,972
7.2%
Mar-12
1,906
10.9%
(14.6%)
5,123
0.5%
Feb-12
1,718
14.6%
27.9%
3,217
12.3%
Jan-12
1,499
5.6%
(1.4%)
1,499
(1.4%)
Dec-11
1,419
(11.7%)
(27.4%)
20,269
(35.4%)
*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Consolidated revenues, 1Q12 - 1Q13 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
1Q-13
15,747
(5%)
(4.5%)
15,747
(4.5%)
4Q-12
16,572
(0.2%)
(10.6%)
67,626
(12.3%)
3Q-12
16,598
(7.7%)
(14.6%)
51,054
(12.8%)
2Q-12
17,975
9.1%
(2.5%)
34,456
(11.9%)
1Q-12
16,481
(11.1%)
(20.3%)
16,481
(20.3%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-12
5,170
0.1%
6.6%
20,911
3.2%
3Q-12
5,167
(5.2%)
(2.8%)
15,741
2.1%
2Q-12
5,451
6.4%
8.9%
10,574
4.7%
1Q-12
5,123
5.6%
0.5%
5,123
0.5%
4Q-11
4,850
(8.8%)
(19.2%)
20,269
(35.4%)
*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
36,139,956
35,523,722
36,101,144
34,898,411
37,890,215
Long-term investments
0
0
54,294
53,958
52,108
Intangible assets
791,580
807,059
813,925
810,034
820,825
Other assets
504,045
481,351
492,033
493,543
524,771
Assets
47,478,732
46,913,484
47,585,771
46,134,067
49,428,981
Current liabilities
23,876,428
23,610,606
24,033,386
21,349,086
25,512,449
Other liabilities
160,749
144,121
142,204
143,691
141,557
Liabilities
24,698,736
24,296,425
24,907,343
22,363,594
25,669,285
Stockholders' equity
22,779,996
22,617,059
22,678,428
23,770,473
23,759,696
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
13,297,243
11,385,626
11,938,274
9,242,147
10,586,157
Long-term investments
16,526,142
16,261,946
16,312,199
16,741,493
16,756,603
Intangible assets
20,361
21,530
23,370
25,981
27,999
Other assets
78,414
80,273
78,449
81,171
91,199
Assets
31,466,645
29,329,803
29,968,580
27,749,491
29,162,163
Current liabilities
10,896,569
8,967,111
9,348,139
6,190,691
8,477,575
Other liabilities
47,052
47,856
48,758
49,690
50,742
Liabilities
11,591,213
9,542,277
10,114,017
7,096,171
8,528,317
Stockholders' equity
19,875,432
19,787,526
19,854,563
20,653,320
20,633,846
*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Consolidated income statement, 1Q12 - 1Q13 (NT$k)
Item
1Q-2013
4Q-2012
3Q-2012
2Q-2012
1Q-2012
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
17,013,111
16,912,860
18,494,359
16,953,294
Operating revenue
15,747,115
92.6%
16,572,261
97.4%
16,598,196
98.1%
17,975,087
97.2%
16,480,745
97.2%
Gross profit (loss) from operations
2,264,663
13.3%
2,273,871
13.4%
2,307,767
13.6%
2,395,788
13%
2,092,419
12.3%
Operating expenses
1,816,522
10.7%
1,999,017
11.7%
2,034,922
12%
2,118,967
11.5%
1,914,679
11.3%
Operating income (loss)
448,141
2.6%
274,854
1.6%
272,845
1.6%
276,821
1.5%
177,740
1%
Non-operating revenues and gains
124,060
0.7%
180,024
1.1%
98,795
0.6%
187,392
1%
278,374
1.6%
Income from continuing operations before income tax
572,201
3.4%
389,754
2.3%
334,035
2%
374,535
2%
369,776
2.2%
Net income (loss)
384,739
2.3%
283,764
1.7%
264,627
1.6%
268,077
1.4%
238,893
1.4%
Fully-diluted earnings per share (NT$)
0.5
0.3
0.3
0.3
0.3
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Coretronic: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
5,337,458
5,326,682
5,571,418
5,210,071
5,035,449
Operating revenue
5,169,982
96.9%
5,166,985
97%
5,450,922
97.8%
5,123,303
98.3%
4,849,931
96.3%
Gross profit (loss) from operations
212,519
4%
397,367
7.5%
447,908
8%
356,798
6.8%
515,493
10.2%
Operating expenses
497,128
9.3%
493,912
9.3%
517,542
9.3%
522,012
10%
524,233
10.4%
Operating income (loss)
-277,189
-5.2%
-106,606
-2%
-57,079
-1%
-160,760
-3.1%
-7,018
-0.1%
Non-operating revenues and gains
411,027
7.7%
371,720
7%
363,462
6.5%
384,918
7.4%
256,983
5.1%
Income from continuing operations before income tax
127,025
2.4%
198,212
3.7%
274,634
4.9%
210,242
4%
205,072
4.1%
Net income (loss)
201,215
3.8%
226,389
4.3%
253,450
4.5%
209,110
4%
274,379
5.4%
Fully-diluted earnings per share (NT$)
0.3
0.3
0.3
0.3
0.4
*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2013 - Coretronic full profile
Tablet IC sales to soar in 2013, says IC Insights
Bits + chips | 2min ago
Emerging solar market growth dominates Solar Taiwan 2013 forum
Green energy | 15min ago
DRAM supply shortage to extend through 2015, says Inotera executive
Bits + chips | 19min ago
Open cell business model is a threat to BLU makers, says Radiant chairman
Displays | 1h 19min ago
Sean Maloney joins SMIC as independent non-executive director
Bits + chips | 1h 59min ago
Chin-Poon expanding share in global automobile board market
Bits + chips | 2h 1min ago
Accton obtains ODM orders with shipments scheduled until October
Mobile + telecom | 3h 1min ago
Samsung sales of midrange large-size smartphones to affect China-based brands
Mobile + telecom | 3h 16min ago
Connector makers worried about price competition arising from Foxconn spinning off NWInG
Before Going to Press | Jun 18, 21:08
- Prices of smartphone and tablet solutions to drop 10-20% in 2H13
- Globalfoundries lands wafer start orders from China-based Rockchip
- Samsung offers subsidies, Asustek cuts prices to promote tablet sales in Brazil, say local channels
- China market: Domestic TV panel supply falls far short of demand, says CVIA vice president
- Wintek to benefit from Google and Amazon touch panel orders
- First-tier players may release smartphones that adopt heat pipes by the end of the year
- Everlight Electronics expects increases in revenue proportion of LED backlights, lighting in 2013
- NPC 2013 capex to focus on FC CSP substrates, says president
- Digitimes Research: South Korea firms mixed on solar business developments
- Panel supply shortage likely to affect second-tier handset shipments
- China smartphone shipments grow 117% on year in 1Q13, says IDC
- Chipbond ramping up testing capacity for advanced driver ICs
- Asustek expects 10% sequential drop in 2Q13 notebook and tablet shipments
- Taiwan makers see booming orders for smartphone tablet accessories
- OLED TVs to be similarly priced as LCD TVs by 2016, say observers
- Global output of LED light bulbs to reach 600 million units in 2013, says Epistar chairman
- Epistar to issue 250 million new shares for private placement
- Unity Opto profits double in 2012
- New Csun solar manufacturing facility in Turkey opens door for maker
- Taiwan LED Lighting Industry Alliance to propose Taiwan-China common standards for LED lighting
- AMD unveils upcoming server strategy and roadmap
- Kinsus sets 2013 capex at record NT$4.5-5 billion
- Connector maker UDE to benefit from games console orders
- Digitimes Research: China touch panel makers expand their influence in the market
- Taiwan market: Handset shipments in 1Q13 hit record, says IDC
19-Jun-2013 12:45 (GMT+8)
| Last | Change |
| TAIEX (TSE) | 8025.56 | +14.54 | +0.18% |

| TSE electronic | 302.25 | -0.03 | -0.01% |

| GTSM (OTC) | 120.04 | +0.41 | +0.34% |

| OTC electronic | 144.49 | +0.54 | +0.38% |

- Samsung's next big thing - born in the USA? (June 14) - Computerworld
- Amazon Acquires Display Maker Liquavista (May 13) - PC Magazine
- Transparent Solar-Cell Screen Charges Phone (June 14) - Discovery Channel
- Apple investigating devices with 'pressable' flexible displays (May 30) - Apple Insider
- Samsung reportedly supplying OLED displays for Google Glass (May 24) - BGR
- Meet KALQ, a faster way to type on touchscreen devices (June 11) - Dvice
- Intel could make $200 touchscreen PCs a reality (June 12) - CNN
- Sony's Waterproof Tablet Makes a Splash: Rich Jaroslovsky (June 13) - Bloomberg
- Releases
- White papers
- Bulletin
- Fortrend shipped Turn Key to China first licensing partner
- Merck inaugurates its New Business R&D and Application Lab in Taiwan
- Multi-touch applications in PC and mobile devices
- The opportunities and challenges for Taiwan in the face of multi-platform applications
- Trends and challenges for the development of multiple platforms for mobile devices in 2013
- LSI completes acquisition of SandForce
- Fujitsu introduces ARROWS Z ISW11F au smartphone
- PSCo Technical Distribution partners with Matrox to offer fully integrated turnkey video walls
- Digital Signage Expo 2012 opens conference registration
- Subkarma invited OPTOTECH to take part in the '2011 Taipei World Design Expo'
- China market: Epson targets 2011 projector shipments to reach 200,000 units
- Projector suppliers find new ground in emerging markets
- Taiwan market: Enterprise models dominate 2Q11 shipments
- ViewSonic announces ultra-portable LED projector line
- Computex 2011: Nvidia introduces wired 3D Vision glasses and new GeForce GPUs

Ultra HD is now the industry name for "4K" resolution

Panel makers are gearing up to produce Full HD applications for high-end smartphones.

LCD TV panel prices have stabilized, with the China TV market reporting strong sales during the October 1 National Day holidays.

Many local and foreign makers, such as AUO, CMI and Corning, are at Touch Taiwan 2012 from August 29-31.

Taiwan-based Chimei Group, once a major LCD panel maker, now focuses on providing upstream components...

Singapore-based Gajah International Pte Ltd (Gajah) has won several Computex 2013 Design and Innovation...

Tougher Gorilla: Q&A with Corning executive David R Velasquez
Leading cover glass manufacturer Corning has been continuing to expand its influence in the cover glass...

Future developments in the TFT LCD panel industry: Q&A with Innolux chairman
The TFT LCD panel industry is continuing to intensify as market demand is increasing, bringing competition...
- 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...
- A glimpse into the e-book reader market - May 2010
In 2008, worldwide e-book reader shipments totaled only 700,000 units, according to Digitimes Research. But demand exploded in 2009 as consumer interests grew...
- 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...
- Large-size LCD panel overview - Jun 2007
Global large-size LCD panel market revenues are expected to increase at a compound annual growth rate (CAGR) of 12.5% to US$96.2 billion by 2011, up from US$53.5...
- Trends and shipment forecast for 2H 2012 tablet market
Digitimes Research remains conservative about the prospects for the period, with half-year shipments projected to reach 49.18 million units and whole-year shipments being revised downward to 88.69 million units.
- Trends in the China video market
In addition to strong potential video content demand in China, the market has developed rapidly due to government intervention and delays in establishing copyright protections.
- 4Q12 trends in the Greater China touch panel industry
In the second half of 2012, the market focus is on the iPhone 5, which uses in-cell touch screen technology. Due to the integration of display panels and touch panel functions, the high technological threshold will mean Taiwan touch panel makers are unable to enter the iPhone supply chain.
















