Taipei, Thursday, April 17, 2014 21:58 (GMT+8)
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Merry Electronics to expand capacity in China, set up new factory in Thailand - related company info
Daniel Shen, Taipei; Steve Shen, DIGITIMES [Thursday 26 December 2013]
  • Merry Electronics
  • Performance
    The company's stock price closed at NT$152 on the TSE on Wednesday, April 16, 2014.
    The company has reported consolidated revenues of NT$1,042 million for March 2014, representing a 61.7% increase on month and 20.1% increase on year.
    For the fourth quarter of 2013, the company totaled NT$3,731 million in consolidated revenues, up 23.4% sequentially and up 78.3% on year.
    Brief

    Full name: Merry Electronics

    Chinese name: 美律實業股份有限公司

    Short name: Merry Electronics

    Stock code: 2439

    Tax ID: 52375605

    Market: TSE

    Established: 24 Dec 1975

    Paid in capital: NT$1.76 billion

    Listed on TSE: 11 Sep 2000

    Website: www.merry.com.tw

  • Latest stock
    Merry Electronics [2439] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    17-Apr 5,902 3,835 926,637,556 153.50 159.50 153.00 156.50+4.50+2.96% 157.00 156.50
    16-Apr 4,861 3,667 738,231,134 150.50 153.50 149.50 152.00+3.50+2.36% 152.00 151.50
    15-Apr 8,909 5,541 1,333,060,742 153.50 155.00 146.00 148.50-3.00-1.98% 149.00 148.50
    14-Apr 5,530 3,906 869,941,258 162.00 165.50 151.00 151.50-10.50-6.48% 152.00 151.50
    11-Apr 5,094 3,643 808,542,468 158.50 162.00 155.00 162.00+0.00+0.00% 162.00 161.50
    10-Apr 7,627 5,323 1,248,686,424 171.00 173.00 159.00 162.00-8.00-4.71% 162.50 162.00
    9-Apr 1,554 1,191 265,039,720 173.00 174.50 168.50 170.00+0.50+0.29% 170.00 169.50
    8-Apr 2,561 1,795 441,351,050 175.50 179.50 167.50 169.50-5.50-3.14% 170.00 169.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    Merry Electronics: Consolidated revenues, Mar 2013 - Mar 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-14

    1,042

    61.7%

    20.1%

    2,665

    16.9%

    Feb-14

    644

    (34.2%)

    13.9%

    1,623

    14.9%

    Jan-14

    979

    (19.6%)

    15.6%

    979

    15.6%

    Dec-13

    1,217

    (10.9%)

    57.9%

    11,234

    45.6%

    Nov-13

    1,366

    20.7%

    91.9%

    10,016

    44.2%

    Oct-13

    1,132

    9%

    82.5%

    8,651

    38.8%

    Sep-13

    1,038

    (2.4%)

    77.3%

    7,519

    34%

    Aug-13

    1,063

    16%

    73.9%

    6,481

    28.9%

    Jul-13

    917

    20.7%

    84%

    5,418

    22.7%

    Jun-13

    760

    1.1%

    26%

    4,501

    14.9%

    May-13

    751

    5.6%

    31.4%

    3,742

    12.9%

    Apr-13

    711

    (18%)

    9.4%

    2,991

    9%

    Mar-13

    867

    53.3%

    3.6%

    2,279

    8.9%

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

    Merry Electronics: Consolidated revenues, 4Q12 - 4Q13 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-13

    3,731

    23.4%

    78.3%

    11,258

    46.4%

    3Q-13

    3,023

    35.8%

    78.5%

    7,527

    34.5%

    2Q-13

    2,227

    (2.3%)

    22.7%

    4,505

    15.4%

    1Q-13

    2,278

    8.9%

    9%

    2,278

    9%

    4Q-12

    2,092

    23.6%

    (14.7%)

    7,690

    (2%)

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

    Latest balance sheet and income statement

    Merry Electronics: Consolidated balance sheet, 4Q12 - 4Q13 (NT$k)

    Item

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    4Q-2012

    Current assets

    6,510,067

    5,660,241

    5,025,839

    4,708,704

    4,569,585

    Intangible assets

    195,288

    182,589

    186,447

    179,224

    170,621

    Non-current assets

    2,917,112

    2,797,150

    2,897,295

    2,861,901

    2,712,594

    Assets

    9,427,179

    8,457,391

    7,923,134

    7,570,605

    7,282,179

    Current liabilities

    3,716,993

    3,279,710

    3,040,225

    2,505,017

    2,552,253

    Non-current liabilities

    355,199

    315,895

    304,128

    293,113

    265,756

    Liabilities

    4,072,192

    3,595,605

    3,344,353

    2,798,130

    2,818,009

    Stockholders' equity

    5,354,987

    4,861,786

    4,578,781

    4,772,475

    4,464,170

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

    Merry Electronics: Consolidated income statement, 4Q12 - 4Q13 (NT$k)

    Item

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    4Q-2012

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

     

     

     

     

     

     

    2,240,394

     

    Operating revenue

    3,730,851

    166.5%

    3,022,827

    134.9%

    2,226,549

    99.4%

    2,278,021

    101.7%

    2,092,492

    93.4%

    Gross profit (loss) from operations

    923,684

    41.2%

    690,449

    30.8%

    378,178

    16.9%

    492,215

    22%

    472,083

    21.1%

    Operating expenses

    347,284

    15.5%

    302,097

    13.5%

    268,792

    12%

    258,458

    11.5%

    249,333

    11.1%

    Operating income (loss)

    576,400

    25.7%

    388,352

    17.3%

    109,386

    4.9%

    233,757

    10.4%

    222,750

    9.9%

    Non-operating revenues and gains

     

     

     

     

     

     

    -17,664

    -0.8%

    86,637

    3.9%

    Non-operating expenses and losses

    -16,539

    -0.7%

    1,925

    0.1%

    0

    0%

     

     

    47,102

    2.1%

    Income from continuing operations before income tax

    559,861

    25%

    390,277

    17.4%

    109,864

    4.9%

    216,093

    9.6%

    268,056

    12%

    Net income (loss)

    459,034

    20.5%

    316,161

    14.1%

    90,387

    4%

    165,564

    7.4%

    203,041

    9.1%

    Diluted earnings per share (NT$)

    2.6

     

    1.8

     

    0.5

     

    1

     

    1.3

     

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

  • Merry Electronics full profile
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17-Apr-2014 markets closed

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TAIEX (TSE)8944.16+20.34+0.23% 

TSE electronic340.92+0.90+0.26% 

GTSM (OTC)145.09+1.08+0.75% 

OTC electronic180.04+0.83+0.46% 

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