Taipei, Wednesday, April 23, 2014 17:04 (GMT+8)
mostly cloudy
Taipei
21°C
Formosa Epitaxy expects flip chip LED to take up 15-20% of 2014 revenues, says chairman - related company info
Julian Ho, Taipei; Adam Hwang, DIGITIMES [Monday 30 December 2013]
  • Formosa Epitaxy
  • Performance
    The company's stock price closed at NT$18.25 on the TSE on Tuesday, April 22, 2014.
    The company has reported consolidated revenues of NT$386 million for March 2014, representing a 42.7% increase on month and 3.7% drop on year.
    For the fourth quarter of 2013, the company totaled NT$856 million in consolidated revenues, down 24.2% sequentially and down 19.3% 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$6.07 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
    23-Apr 3,303 1,168 59,828,246 18.35 18.45 17.95 18.00-0.25-1.37% 18.05 18.00
    22-Apr 1,427 650 26,220,808 18.35 18.50 18.25 18.25-0.05-0.27% 18.30 18.25
    21-Apr 1,456 549 26,599,012 18.20 18.35 18.15 18.30+0.10+0.55% 18.35 18.30
    18-Apr 2,347 780 43,184,798 18.40 18.65 18.20 18.20-0.10-0.55% 18.30 18.20
    17-Apr 2,237 920 41,089,952 18.45 18.55 18.25 18.30-0.05-0.27% 18.40 18.30
    16-Apr 2,204 983 40,606,203 18.35 18.65 18.25 18.35+0.00+0.00% 18.40 18.35
    15-Apr 2,117 940 38,888,881 18.35 18.50 18.30 18.35+0.00+0.00% 18.40 18.35
    14-Apr 2,811 1,201 52,173,269 19.00 19.20 18.30 18.35-0.70-3.67% 18.40 18.35
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-14

    386

    42.7%

    (3.7%)

    941

    0.4%

    Feb-14

    270

    (5.1%)

    21.4%

    555

    5.3%

    Jan-14

    285

    17%

    (6.5%)

    285

    (6.5%)

    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%)

    Aug-13

    423

    0.9%

    (9.9%)

    3,232

    (2.5%)

    Jul-13

    419

    (13.7%)

    (11.5%)

    2,810

    (1.2%)

    Jun-13

    485

    (0.2%)

    18.1%

    2,391

    0.8%

    May-13

    486

    0.7%

    10.1%

    1,906

    (2.8%)

    Apr-13

    483

    20.5%

    8.1%

    1,420

    (6.6%)

    Mar-13

    400

    76%

    (0.4%)

    937

    (12.7%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%

    1Q-13

    930

    (12.3%)

    (13.3%)

    930

    (13.3%)

    4Q-12

    1,061

    (25.2%)

    23.2%

    4,851

    15.4%

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

    Latest balance sheet and income statement

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

    Item

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    4Q-2012

    Current assets

    8,075,796

    9,010,962

    7,055,933

    6,610,048

    7,120,294

    Intangible assets

    374,091

    384,304

    388,177

    405,026

    432,269

    Non-current assets

    12,611,619

    12,375,495

    12,710,941

    13,069,577

    12,546,814

    Assets

    20,687,415

    21,386,457

    19,766,874

    19,679,625

    19,667,108

    Current liabilities

    4,867,005

    5,144,315

    2,848,433

    2,448,949

    2,343,387

    Non-current liabilities

    2,243,573

    2,280,148

    4,783,472

    4,978,040

    4,940,275

    Liabilities

    7,110,578

    7,424,463

    7,631,905

    7,426,989

    7,283,662

    Stockholders' equity

    13,576,837

    13,961,994

    12,134,969

    12,252,636

    12,383,446

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

    FOREPI: 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

    856,112

     

    1,130,091

     

    1,433,970

     

    946,008

     

    1,108,515

     

    Operating revenue

    856,362

    100%

    1,130,091

    100%

    1,450,728

    101.2%

    930,376

    98.3%

    1,060,522

    95.7%

    Gross profit (loss) from operations

    -294,422

    -34.4%

    -233,675

    -20.7%

    -126,142

    -8.8%

    -142,995

    -15.1%

    -201,390

    -18.2%

    Operating expenses

    144,748

    16.9%

    192,687

    17.1%

    182,909

    12.8%

    169,702

    17.9%

    189,765

    17.1%

    Operating income (loss)

    -439,170

    -51.3%

    -426,362

    -37.7%

    -309,051

    -21.6%

    -312,697

    -33.1%

    -391,155

    -35.3%

    Non-operating revenues and gains

     

     

     

     

     

     

    -2,439

    -0.3%

    -7,617

    -0.7%

    Non-operating expenses and losses

    17,846

    2.1%

    -46,417

    -4.1%

    0

    0%

     

     

    -12,450

    -1.1%

    Income from continuing operations before income tax

    -421,324

    -49.2%

    -472,779

    -41.8%

    -285,599

    -19.9%

    -315,136

    -33.3%

    -482,276

    -43.5%

    Net income (loss)

    -431,367

    -50.4%

    -497,354

    -44%

    -266,787

    -18.6%

    -303,875

    -32.1%

    -543,789

    -49.1%

    Fully-diluted earnings per share (NT$)

     

     

    -0.9

     

     

     

     

     

     

     

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

  • Formosa Epitaxy full profile

23-Apr-2014 markets closed

 LastChange

TAIEX (TSE)8956.92-17.79-0.2% 

TSE electronic344.33-0.20-0.06% 

GTSM (OTC)145.87-0.55-0.38% 

OTC electronic181.97-1.31-0.71% 

Guangzhou International Lighting Exhibition, China, June 9-12, 2014
China touch tracker
2014 global mobile application processor market forecast
  • 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...

  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • 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.