Taipei, Friday, September 19, 2014 09:11 (GMT+8)
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Novatek expects 1Q14 sales to stay flat or drop slightly - related company info
Mavis Hong, Taipei; Jessie Shen, DIGITIMES [Thursday 13 February 2014]
  • Novatek Microelectronics
  • Performance
    The company's stock price closed at NT$153 on the TSE on Wednesday, September 17, 2014.
    The company has reported consolidated revenues of NT$5,112 million for August 2014, representing a 6.2% increase on month and 42.1% increase on year.
    For the second quarter of 2014, the company totaled NT$13,083 million in consolidated revenues, up 23.5% sequentially and up 19.7% on year.
    Brief

    Full name: Novatek Microelectronics

    Chinese name: 聯詠科技股份有限公司

    Short name: Novatek

    Stock code: 3034

    Tax ID: 84149955

    Market: TSE

    Established: 28 May 1997

    Paid in capital: NT$6.09 billion

    Listed on TSE: 26 Aug 2002

    Listed on OTC: 24 Apr 2001

    Website: www.novatek.com.tw

  • Latest stock
    Novatek [3034] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    18-Sep 1,229 888 187,502,439 152.50 153.50 151.50 153.00+0.00+0.00% 153.00 152.50
    17-Sep 3,043 2,149 463,266,117 150.00 153.50 150.00 153.00+4.00+2.68% 153.00 152.50
    16-Sep 1,030 715 154,339,085 150.00 151.00 149.00 149.00-1.00-0.67% 149.50 149.00
    15-Sep 1,377 990 207,030,562 151.00 151.50 149.50 150.00-1.00-0.66% 150.50 150.00
    12-Sep 1,907 1,136 286,744,336 152.50 152.50 148.50 151.00-2.00-1.31% 151.50 151.00
    11-Sep 1,137 730 174,780,233 154.50 154.50 153.00 153.00-0.50-0.33% 153.50 153.00
    10-Sep 1,399 1,130 213,693,867 154.00 154.00 151.50 153.50-0.50-0.32% 154.00 153.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    Novatek: Consolidated revenues, Aug 2013 - Aug 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-14

    5,112

    6.2%

    42.1%

    33,602

    23.6%

    Jul-14

    4,814

    14.1%

    44.6%

    28,490

    20.8%

    Jun-14

    4,220

    (6.1%)

    20.7%

    23,676

    16.8%

    May-14

    4,496

    3%

    17.6%

    19,456

    16%

    Apr-14

    4,367

    16.2%

    21%

    14,960

    15.6%

    Mar-14

    3,760

    13.5%

    13.9%

    10,593

    13.4%

    Feb-14

    3,313

    (5.9%)

    21.2%

    6,833

    13.2%

    Jan-14

    3,520

    (0.5%)

    6.5%

    3,520

    6.5%

    Dec-13

    3,538

    (0.6%)

    6.6%

    41,450

    11.9%

    Nov-13

    3,558

    1.3%

    (1.9%)

    37,912

    12.5%

    Oct-13

    3,514

    (3.7%)

    (6.4%)

    34,354

    14.2%

    Sep-13

    3,648

    1.4%

    0.9%

    30,839

    17.1%

    Aug-13

    3,597

    8.1%

    4%

    27,191

    19.7%

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

    Novatek: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    13,083

    23.5%

    19.7%

    23,676

    16.8%

    1Q-14

    10,593

    (0.2%)

    13.4%

    10,593

    13.4%

    4Q-13

    10,610

    0.4%

    (0.8%)

    41,450

    11.9%

    3Q-13

    10,574

    (3.2%)

    3.3%

    30,839

    17.1%

    2Q-13

    10,928

    17%

    27.5%

    20,266

    25.9%

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

    Latest balance sheet and income statement

    Novatek: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    39,992,152

    36,807,801

    33,727,347

    33,421,842

    35,687,876

    Intangible assets

    2,047,716

    2,041,744

    2,063,112

    2,073,348

    2,025,422

    Non-current assets

    5,272,686

    5,249,056

    5,268,999

    5,345,298

    5,348,199

    Assets

    45,264,838

    42,056,857

    38,996,346

    38,767,140

    41,036,075

    Current liabilities

    20,947,014

    15,873,467

    14,135,414

    15,102,737

    18,642,358

    Non-current liabilities

    249,127

    245,668

    242,228

    261,492

    258,187

    Liabilities

    21,196,141

    16,119,135

    14,377,642

    15,364,229

    18,900,545

    Stockholders' equity

    24,068,697

    25,937,722

    24,618,704

    23,402,911

    22,135,530

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

    Novatek: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    13,083,176

     

    10,593,171

     

    10,610,257

     

    10,573,578

     

    10,927,619

     

    Operating revenue

    13,083,176

    100%

    10,593,171

    100%

    10,610,257

    100%

    10,573,578

    100%

    10,927,619

    100%

    Gross profit (loss) from operations

    3,775,643

    28.9%

    2,970,830

    28%

    2,902,490

    27.4%

    2,957,277

    28%

    3,027,592

    27.7%

    Operating expenses

    1,820,460

    13.9%

    1,581,562

    14.9%

    1,564,001

    14.7%

    1,559,483

    14.7%

    1,533,142

    14%

    Operating income (loss)

    1,955,183

    14.9%

    1,389,268

    13.1%

    1,338,489

    12.6%

    1,397,794

    13.2%

    1,494,450

    13.7%

    Non-operating expenses and losses

    50,807

    0.4%

    55,141

    0.5%

    87,039

    0.8%

    63,998

    0.6%

    49,061

    0.4%

    Income from continuing operations before income tax

    2,005,990

    15.3%

    1,444,409

    13.6%

    1,425,528

    13.4%

    1,461,792

    13.8%

    1,543,511

    14.1%

    Net income (loss)

    1,767,290

    13.5%

    1,266,946

    12%

    1,190,924

    11.2%

    1,239,346

    11.7%

    1,253,352

    11.5%

    Diluted earnings per share (NT$)

    2.9

     

    2.1

     

    1.9

     

    2

     

    2

     

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

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18-Sep-2014 markets closed

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TAIEX (TSE)9195.17+61.77+0.68% 

TSE electronic360.39+3.82+1.07% 

GTSM (OTC)139.43+1.10+0.8% 

OTC electronic176.18+1.92+1.1% 

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