• Compal Electronics

• Compal Electronics is a Taiwan based notebook PC's original design manufacturer (ODM), handling the production of notebook computers and monitors for global PC brands around the world. It is listed in Taiwan Stock Exchange. The company's headquarters is in Taipei, (Taiwan), with offices in the People's Republic of China, South Korea, the United Kingdom, and the United States. Compal's main production facility is in Kunshan, China.

  Compal is one of the largest notebook manufacturers.
  

• Performance

  The company's stock price closed at NT$20.15 on the TSE on Monday, March 10, 2014.

  The company has reported consolidated revenues of NT$49,514 million for February 2014, representing a 7.4% drop on month and 9.3% increase on year.

  For the third quarter of 2013, the company totaled NT$164,849 million in consolidated revenues, down 1.2% sequentially and down 4.7% on year.
  Brief

  Full name: Compal Electronics

  Chinese name: 仁寶電腦工業股份有限公司

  Short name: Compal

  Stock code: 2324

  Country: Taiwan

  Tax ID: 21222725

  Market: TSE

  Established: 1 Jun 1984

  Paid in capital: NT$44.13 billion

  Listed on TSE: 18 Feb 1992

  Website: www.compal.com
• Related news

  • Taiwan notebook ODMs impacted by on-month revenue drops in February
  • More handset makers joining WP camp
  • Quanta, Compal notebook shipments drop in January
  • Digitimes Research: Notebook shipments from brand vendors and ODMs better than expected in January
  • Digitimes Research: Taiwan ODM handset shipments flat in 4Q13
  • Compal Electronics expects 5% growth in 2014 notebook shipments, says president
  • Compal president denies Lenovo planning to buy stake in joint venture
  • Foxconn expected to ship 55-60 million tablets in 2014, say Taiwan makers
• Latest stock

  Compal [2324] historical stock price (NT$)
  Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
  11-Mar	10,292	2,034	208,362,413	20.20	20.30	20.15	20.30	+0.15	+0.74%	20.30	20.25
  10-Mar	13,207	2,651	267,245,967	20.40	20.40	20.15	20.15	-0.25	-1.23%	20.20	20.15
  7-Mar	26,904	4,871	551,230,391	20.40	20.65	20.35	20.40	+0.10	+0.49%	20.40	20.35
  6-Mar	22,127	4,331	448,660,437	20.40	20.45	20.15	20.30	+0.15	+0.74%	20.30	20.25
  5-Mar	8,595	2,789	173,765,449	20.30	20.40	20.15	20.15	+0.05	+0.25%	20.20	20.15
  4-Mar	14,612	4,515	295,236,850	20.30	20.40	20.05	20.10	-0.40	-1.95%	20.15	20.10
  3-Mar	20,136	7,235	410,727,089	20.40	20.55	20.20	20.50	+0.00	+0.00%	20.50	20.45

  • Source: TSE, compiled by Digitimes

  Latest sales

  Compal: Consolidated revenues, Feb 2013 - Feb 2014 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Feb-14	49,514	(7.4%)	9.3%	102,988	0.5%
  Jan-14	53,474	(17.3%)	(6.5%)	53,474	(6.5%)
  Dec-13	64,672	(2%)	6.4%	692,693	1.2%
  Nov-13	65,974	5.1%	4.2%	628,021	0.8%
  Oct-13	62,774	1.4%	4.3%	562,047	0.4%
  Sep-13	61,937	18.9%	(4%)	499,273	0.1%
  Aug-13	52,102	2.4%	0.7%	437,336	0.7%
  Jul-13	50,865	(10.8%)	(9.3%)	385,234	0.7%
  Jun-13	57,001	7.5%	(9.3%)	334,370	2.4%
  May-13	53,018	(7.2%)	2.8%	277,369	5.1%
  Apr-13	57,124	(11.8%)	13.1%	224,351	5.7%
  Mar-13	64,756	43%	8.6%	167,227	3.4%
  Feb-13	45,286	(20.8%)	(22.2%)	102,471	0.4%

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

  Compal: Consolidated revenues, 3Q12 - 3Q13 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  3Q-13	164,849	(1.2%)	(4.7%)	499,284	(0%)
  2Q-13	166,879	(0.4%)	1.2%	334,435	2.5%
  1Q-13	167,556	(8.8%)	3.9%	167,556	3.9%
  4Q-12	183,672	6.2%	6.2%	682,891	(1.5%)
  3Q-12	173,033	5%	0.1%	499,220	(4%)

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

  Latest balance sheet and income statement

  Compal: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	257,852,167	241,299,027	240,975,752	242,788,548	236,063,264
  Long-term investments	11,342,294	9,028,678	9,487,009	8,406,206	8,525,991
  Intangible assets	1,543,625	1,594,491	1,457,023	1,457,129	1,532,829
  Other assets	457,002	461,470	438,966	551,603	390,674
  Assets	309,283,512	286,283,465	285,632,356	286,071,228	278,846,299
  Current liabilities	192,909,628	172,277,433	172,740,778	169,397,968	164,527,553
  Other liabilities	454,733	364,061	357,670	189,767	196,146
  Liabilities	193,914,965	173,162,568	173,593,448	169,600,235	164,748,699
  Stockholders' equity	115,368,547	113,120,897	112,038,908	116,470,993	114,097,600

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

  Compal: Consolidated income statement, 3Q12 - 3Q13 (NT$k)
  Item	3Q-2013		2Q-2013		1Q-2013		4Q-2012		3Q-2012
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Operating revenue	164,849,264		166,879,022		167,555,905		183,671,745		173,033,376
  Gross profit (loss) from operations	6,965,445		6,880,572		6,583,033		7,380,128		7,409,079
  Operating expenses	4,563,189		4,596,140		4,497,151		4,951,055		5,161,622
  Operating income (loss)	2,402,256		2,284,432		2,085,882		2,429,073		2,247,457
  Non-operating revenues and gains					-317,755		431,956		541,927
  Non-operating expenses and losses	-5,277,753		0						-18,133
  Income from continuing operations before income tax	-2,875,497		2,066,869		1,768,127		2,050,821		2,228,239
  Net income (loss)	-2,523,981		1,461,330		1,388,433		1,545,038		1,736,270
  Fully-diluted earnings per share (NT$)	-0.6		0.3		0.3		0.3		0.4
  Simple earnings per share (NT$)									0.4

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

• Compal Electronics full profile

Categories: IT + CE PC, CE

Tags: Compal Compal Electronics joint venture Lenovo president

Companies: Compal Electronics

Related stories
• Commentary: Is time ripe for Lenovo to acquire IBM x86 server business? (Jan 27)
• Lenovo likely to resume ThinkPad ODM production (Jan 20)
• Compal Electronics expects 5% growth in 2014 notebook shipments, says president (Jan 17)
• Compal lands 90% of Amazon Kindle orders for 2014, leaving only 10% for Quanta (Jan 15)
• Compal expects tablet shipments to double in 2014 (Jan 10)
• Lenovo may lead in 2014 notebook shipments (Jan 7)
• Lenovo increases orders to notebook, tablet and smartphone supply chains (Jan 2)
• Compal sets up BLU subsidiary RiPAL Optotronics (Dec 27)
• Compal, Quanta share 90% of Acer notebook ODM orders (Sep 12)
• Taiwan-based notebook components makers hesitate about working with Lenovo-Compal joint venture in eastern China (Feb 4)
• Lenovo increasing in-house production a warning for Taiwan-based supply chain makers (Jul 16)

• • Account
  • New user
  • Login