Taipei, Wednesday, May 27, 2015 22:27 (GMT+8)
mostly cloudy
Taipei
28°C
Wah Hong to see increased orders for products used in large TVs in 2014 - related company info
Rebecca Kuo, Taipei; Alex Wolfgram, DIGITIMES [Thursday 16 January 2014]
  • Wah Hong Industrial
  • Performance
    The company's stock price closed at NT$25.95 on the TSE on Tuesday, May 26, 2015.
    The company has reported consolidated revenues of NT$809 million for April 2015, representing a 0.6% increase on month and 26.1% drop on year.
    For the first quarter of 2015, the company totaled NT$2,389 million in consolidated revenues, down 17.6% sequentially and down 15.7% 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 stock
    Wah hong [8240] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    27-May 25 11 648,350 25.90 26.00 25.85 26.00+0.05+0.19% 26.00 26.10
    26-May 55 34 1,430,600 26.05 26.15 25.80 25.95-0.20-0.76% 25.90 25.95
    25-May 39 33 1,026,000 26.50 26.50 26.05 26.15+0.35+1.36% 26.10 26.15
    22-May 71 57 1,844,100 25.20 26.20 25.20 25.80+0.60+2.38% 25.70 25.90
    21-May 43 32 1,087,100 25.30 25.45 25.20 25.20-0.40-1.56% 25.20 25.30
    20-May 123 89 3,146,750 26.00 26.00 25.25 25.60-0.50-1.92% 25.55 25.60
    19-May 97 68 2,531,050 26.00 26.20 26.00 26.10-0.10-0.38% 26.05 26.10
    18-May 39 23 1,020,600 26.25 26.35 26.00 26.20-0.25-0.95% 26.00 26.20
    • Source: TSE, compiled by Digitimes
    Latest sales

    Wah hong: Consolidated revenues, Apr 2014 - Apr 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-15

    809

    0.6%

    (26.1%)

    3,199

    (18.7%)

    Mar-15

    805

    18.5%

    (23.2%)

    2,389

    (15.9%)

    Feb-15

    679

    (25%)

    (18.1%)

    1,585

    (11.7%)

    Jan-15

    905

    (3%)

    (6.2%)

    905

    (6.2%)

    Dec-14

    933

    2.8%

    0.9%

    12,261

    8.4%

    Nov-14

    908

    (16%)

    (4.8%)

    11,328

    9.1%

    Oct-14

    1,081

    1.9%

    20.6%

    10,418

    10.5%

    Sep-14

    1,060

    (4.5%)

    5.6%

    9,337

    9.4%

    Aug-14

    1,110

    2%

    8.9%

    8,277

    9.9%

    Jul-14

    1,089

    3.3%

    12.1%

    7,155

    9.9%

    Jun-14

    1,055

    (2.7%)

    12.5%

    6,075

    9.7%

    May-14

    1,084

    (1%)

    11.6%

    5,020

    9.1%

    Apr-14

    1,095

    4.4%

    4.9%

    3,936

    8.4%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Wah hong: Consolidated revenues, 1Q14 - 1Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-15

    2,389

    (17.6%)

    (15.7%)

    2,389

    (15.7%)

    4Q-14

    2,898

    (11.2%)

    5.3%

    12,238

    8.4%

    3Q-14

    3,262

    0.5%

    8.9%

    9,339

    9.4%

    2Q-14

    3,244

    14.5%

    9.9%

    6,078

    9.7%

    1Q-14

    2,833

    2.9%

    9.5%

    2,833

    9.5%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Latest balance sheet and income statement

    Wah hong: Consolidated balance sheet, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    Current assets

    6,738,919

    7,619,699

    8,234,131

    8,181,427

    8,210,676

    Intangible assets

    87,985

    93,550

    104,000

    115,215

    125,647

    Non-current assets

    3,139,333

    3,193,644

    3,199,625

    3,207,741

    3,296,391

    Assets

    9,878,252

    10,813,343

    11,433,756

    11,389,168

    11,507,067

    Current liabilities

    3,326,932

    3,998,305

    4,801,923

    4,917,042

    5,121,667

    Non-current liabilities

    1,683,312

    1,907,581

    1,841,282

    1,801,128

    1,633,970

    Liabilities

    5,010,244

    5,905,886

    6,643,205

    6,718,170

    6,755,637

    Stockholders' equity

    4,868,008

    4,907,457

    4,790,551

    4,670,998

    4,751,430

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Wah hong: Consolidated income statement, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    2,389,372

     

    2,898,095

     

    3,261,882

     

    3,244,392

     

    2,833,221

     

    Operating revenue

    2,389,372

    100%

    2,898,095

    100%

    3,261,882

    100%

    3,244,392

    100%

    2,833,221

    100%

    Gross profit (loss) from operations

    245,365

    10.3%

    283,014

    9.8%

    387,468

    11.9%

    413,120

    12.7%

    351,320

    12.4%

    Operating expenses

    212,722

    8.9%

    281,587

    9.7%

    275,630

    8.5%

    254,425

    7.8%

    229,901

    8.1%

    Operating income (loss)

    32,643

    1.4%

    1,427

    0%

    111,838

    3.4%

    158,695

    4.9%

    121,419

    4.3%

    Non-operating expenses and losses

    -16,274

    -0.7%

    4,441

    0.2%

    -10,403

    -0.3%

    -45,923

    -1.4%

    -19,945

    -0.7%

    Income from continuing operations before income tax

    16,369

    0.7%

    5,868

    0.2%

    101,435

    3.1%

    112,772

    3.5%

    101,474

    3.6%

    Net income (loss)

    11,108

    0.5%

    -14,719

    -0.5%

    67,527

    2.1%

    75,562

    2.3%

    76,339

    2.7%

    Diluted earnings per share (NT$)

    0.1

     

    -0.1

     

    0.6

     

    0.7

     

    0.7

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

  • Wah Hong Industrial full profile
Realtime news
  • TSMC to beat Samsung in 10nm race

    Bits + chips | 24min ago

  • Google BrandLab to set up branch office in Singapore in 2H16

    IT + CE - Newswatch | 25min ago

  • Seagate names new head for Taiwan office

    IT + CE - Newswatch | 26min ago

  • MediaTek to expand workforce in 2015

    Bits + chips | 2h 5min ago

  • UMC holds technology forum in Japan

    Bits + chips | 2h 24min ago

  • Sharp to launch smartphones in Indonesia, says report

    Mobile + telecom | 2h 26min ago

  • Semi-equipment component maker Calitech applies for OTC listing

    Before Going to Press | 34min ago

  • Sony launches flagship Xperia Z3+ smartphone

    Before Going to Press | 35min ago

  • Panasonic to add BLU production lines at plants in Mexico and Brazil

    Before Going to Press | 36min ago

  • HTC to block media from attending shareholders meeting

    Before Going to Press | 37min ago

  • Taiwan becomes major revenue contributor to Google

    Before Going to Press | 39min ago

  • GIS expects 2Q15 revenues to fall 15-20% sequentially

    Before Going to Press | 2h 38min ago

  • CSOT starts producing 55-inch Full HD TV panels at 2nd 8.5G factory

    Before Going to Press | 2h 41min ago

  • LCD monitor panel prices in May fall sequentially, says WitsView

    Before Going to Press | 2h 43min ago

  • GIS to list on TSE

    Before Going to Press | 2h 49min ago

  • Solar cell maker TSEC to be listed on TSE in 3Q15

    Before Going to Press | 2h 50min ago

Pause
 | 
View more

27-May-2015 markets closed

 LastChange

TAIEX (TSE)9693.54+24.13+0.25% 

TSE electronic379.22+0.25+0.07% 

GTSM (OTC)142.26+1.60+1.14% 

OTC electronic189.23+3.02+1.62% 

Taiwan server shipment forecast and industry analysis, 2015
2015 China smartphone panel trend forecast
Analysis of China revised domestic semiconductor industry goals
  • Quantum Dot TV technology breaking into the market

    LCD TV makers are responding to the challenge of OLED, with quantum dot (QD) technology, curved screens and other innovations. In order to boost consumer...

  • Ultra HD

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

  • 4K Developments in 2015

    4K TVs continue to grow strong in the market and are expected to more than double in 2015. Panel makers and TV vendors alike are eying opportunities...

  • Touch Taiwan 2014

    Touch Taiwan 2014 to be held in Taipei from August 27-29.

  • 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...

  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.