Related company info
Rebecca Kuo, Taipei; Alex Wolfgram, DIGITIMES
Thursday 16 January 2014
  • Wah Hong Industrial
  • Performance
    The company has reported consolidated revenues of NT$605 million for March 2018, representing a 27.1% increase on month and 18.5% drop on year.
    For the fourth quarter of 2017, the company totaled NT$1,967 million in consolidated revenues, down 14.3% sequentially and down 11.7% on year.
    Brief

    Full name: Wah Hong Industrial

    Chinese name: 華宏新技股份有限公司

    Short name: Wah hong

    Stock code: 8240

    Tax ID: 83428825

    Market: OTC

    Established: 9 Aug 1973

    Paid in capital: NT$1.00 billion

    Listed on OTC: 23 Jun 2005

    Listed on ESB: 27 Jan 2004

    Public since: 1 Jun 2000

    Website: www.wahhong.com.tw

  • Latest sales

    Wah hong: Consolidated revenues, Mar 2017 - Mar 2018 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-18

    605

    27.1%

    (18.5%)

    1,794

    (11%)

    Feb-18

    476

    (33.4%)

    (23.4%)

    1,190

    (6.6%)

    Jan-18

    714

    14.8%

    9.4%

    714

    9.4%

    Dec-17

    622

    (5.6%)

    (9.9%)

    8,221

    (7.8%)

    Nov-17

    659

    (2.7%)

    (11.4%)

    7,599

    (7.6%)

    Oct-17

    677

    (13.4%)

    (14.1%)

    6,937

    (7.3%)

    Sep-17

    782

    (2.7%)

    (5.5%)

    6,259

    (6.5%)

    Aug-17

    804

    13.8%

    (6.2%)

    5,477

    (6.6%)

    Jul-17

    706

    6.4%

    (8.9%)

    4,673

    (6.7%)

    Jun-17

    664

    3%

    (4.1%)

    3,967

    (6.3%)

    May-17

    644

    1%

    (10.8%)

    3,298

    (6.9%)

    Apr-17

    638

    (14%)

    (13%)

    2,654

    (5.8%)

    Mar-17

    742

    19.4%

    (0.1%)

    2,016

    (3.3%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, April 2018

    Wah hong: Consolidated revenues, 4Q16 - 4Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-17

    1,967

    (14.3%)

    (11.7%)

    8,229

    (7.8%)

    3Q-17

    2,295

    18%

    (6.9%)

    6,262

    (6.4%)

    2Q-17

    1,946

    (3.7%)

    (9.4%)

    3,967

    (6.2%)

    1Q-17

    2,021

    (9.3%)

    (2.9%)

    2,021

    (2.9%)

    4Q-16

    2,228

    (9.6%)

    (11%)

    8,921

    (7.3%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, April 2018

    Latest balance sheet and income statement

    Wah hong: Consolidated balance sheet, 4Q16 - 4Q17 (NT$k)

    Item

    4Q-2017

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    Current assets

    5,411,880

    5,502,077

    5,347,769

    5,311,225

    5,970,026

    Intangible assets

    104,459

    108,174

    112,750

    119,813

    123,913

    Non-current assets

    2,495,939

    2,499,039

    2,518,932

    2,452,856

    2,547,706

    Assets

    7,907,819

    8,001,116

    7,866,701

    7,764,081

    8,517,732

    Current liabilities

    3,019,715

    3,174,199

    3,010,867

    2,876,169

    3,379,048

    Non-current liabilities

    1,178,347

    1,190,630

    1,280,540

    1,316,968

    1,404,824

    Liabilities

    4,198,062

    4,364,829

    4,291,407

    4,193,137

    4,783,872

    Stockholders' equity

    3,709,757

    3,636,287

    3,575,294

    3,570,944

    3,733,860

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, April 2018

    Wah hong: Consolidated income statement, 4Q16 - 4Q17 (NT$k)

    Item

    4Q-2017

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    1,967,113

     

    2,295,115

     

    1,945,919

     

    2,021,084

     

    2,228,301

     

    Operating revenue

    1,967,113

    100%

    2,295,115

    100%

    1,945,919

    100%

    2,021,084

    100%

    2,228,301

    100%

    Gross profit (loss) from operations

    190,342

    9.7%

    222,030

    9.7%

    146,741

    7.5%

    212,074

    10.5%

    218,552

    9.8%

    Operating expenses

    197,396

    10%

    191,765

    8.4%

    199,697

    10.3%

    177,205

    8.8%

    189,943

    8.5%

    Operating income (loss)

    -7,054

    -0.4%

    30,265

    1.3%

    -52,956

    -2.7%

    34,869

    1.7%

    28,609

    1.3%

    Non-operating expenses and losses

    96,122

    4.9%

    -7,029

    -0.3%

    -6,367

    -0.3%

    -23,467

    -1.2%

    -427,089

    -19.2%

    Income from continuing operations before income tax

    89,068

    4.5%

    23,236

    1%

    -59,323

    -3%

    11,402

    0.6%

    -398,480

    -17.9%

    Net income (loss)

    80,201

    4.1%

    21,459

    0.9%

    -52,819

    -2.7%

    3,527

    0.2%

    -408,743

    -18.3%

    Diluted earnings per share (NT$)

    0.8

     

    0.2

     

    -0.5

     

    0

     

    -4.1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, April 2018

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