Taipei, Monday, December 18, 2017 00:07 (GMT+8)
cloudy
Taipei
13°C
LCD driver IC firms looking to improve gross margin - related company info
Mavis Hong, Taipei; Steve Shen, DIGITIMES [Wednesday 19 February 2014]
  • Novatek Microelectronics
  • Performance
    The company's stock price closed at NT$115.5 on the TSE on Thursday, December 14, 2017.
    The company has reported consolidated revenues of NT$4,071 million for November 2017, representing a 4.5% drop on month and 12.1% increase on year.
    For the third quarter of 2017, the company totaled NT$12,398 million in consolidated revenues, up 5% sequentially and up 3.1% 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
    15-Dec 2,359 1,148 265,400,119 115.50 115.50 112.00 112.00-3.50-3.03% 112.00 112.50
    14-Dec 1,751 1,341 201,276,817 113.00 116.50 113.00 115.50+3.00+2.67% 114.50 115.50
    13-Dec 1,053 776 118,800,006 114.00 114.00 112.00 112.50-1.50-1.32% 112.50 113.00
    12-Dec 966 782 109,995,000 113.50 114.50 113.00 114.00-0.50-0.44% 113.50 114.00
    11-Dec 1,039 712 118,261,709 113.00 114.50 113.00 114.50+1.50+1.33% 114.00 114.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    Novatek: Consolidated revenues, Nov 2016 - Nov 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-17

    4,071

    (4.5%)

    12.1%

    43,459

    3.7%

    Oct-17

    4,265

    (1.4%)

    10.4%

    39,388

    2.9%

    Sep-17

    4,324

    4.9%

    5.2%

    35,123

    2%

    Aug-17

    4,121

    4.3%

    0.6%

    30,798

    1.6%

    Jul-17

    3,953

    1.9%

    3.6%

    26,677

    1.7%

    Jun-17

    3,880

    (3.4%)

    3.8%

    22,725

    1.4%

    May-17

    4,016

    2.7%

    3.7%

    18,845

    0.9%

    Apr-17

    3,910

    0.1%

    2.1%

    14,829

    0.2%

    Mar-17

    3,906

    16.3%

    2.2%

    10,919

    (0.5%)

    Feb-17

    3,360

    (8%)

    8%

    7,012

    (1.9%)

    Jan-17

    3,652

    (2%)

    (9.6%)

    3,652

    (9.6%)

    Dec-16

    3,725

    2.6%

    (7.1%)

    45,651

    (10.3%)

    Nov-16

    3,630

    (6.1%)

    (13.7%)

    41,926

    (10.5%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, December 2017

    Novatek: Consolidated revenues, 3Q16 - 3Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-17

    12,398

    5%

    3.1%

    35,123

    2%

    2Q-17

    11,806

    8.1%

    3.2%

    22,725

    1.4%

    1Q-17

    10,919

    (2.7%)

    (0.5%)

    10,919

    (0.5%)

    4Q-16

    11,219

    (6.7%)

    (11.2%)

    45,651

    (10.3%)

    3Q-16

    12,021

    5.1%

    (8.1%)

    34,431

    (10%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, December 2017

    Latest balance sheet and income statement

    Novatek: Consolidated balance sheet, 3Q16 - 3Q17 (NT$k)

    Item

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    Current assets

    34,761,131

    35,678,415

    33,051,809

    35,363,210

    31,597,982

    Intangible assets

    2,781,455

    2,824,753

    2,850,204

    2,261,544

    2,182,340

    Non-current assets

    6,533,003

    6,670,559

    6,694,368

    6,181,395

    5,927,513

    Assets

    41,294,134

    42,348,974

    39,746,177

    41,544,605

    37,525,495

    Current liabilities

    13,582,524

    16,087,727

    10,498,836

    13,167,980

    10,423,494

    Non-current liabilities

    453,913

    431,588

    403,617

    413,532

    390,650

    Liabilities

    14,036,437

    16,519,315

    10,902,453

    13,581,512

    10,814,144

    Stockholders' equity

    27,257,697

    25,829,659

    28,843,724

    27,963,093

    26,711,351

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, December 2017

    Novatek: Consolidated income statement, 3Q16 - 3Q17 (NT$k)

    Item

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    12,398,257

     

    11,806,043

     

    10,918,538

     

    11,219,419

     

    12,021,342

     

    Operating revenue

    12,398,257

    100%

    11,806,043

    100%

    10,918,538

    100%

    11,219,419

    100%

    12,021,342

    100%

    Gross profit (loss) from operations

    3,596,384

    29%

    3,338,931

    28.3%

    3,110,324

    28.5%

    3,163,494

    28.2%

    3,331,061

    27.7%

    Operating expenses

    2,000,016

    16.1%

    1,955,081

    16.6%

    1,904,170

    17.4%

    1,831,556

    16.3%

    1,868,982

    15.5%

    Operating income (loss)

    1,596,368

    12.9%

    1,383,850

    11.7%

    1,206,154

    11%

    1,331,938

    11.9%

    1,462,079

    12.2%

    Non-operating expenses and losses

    233,122

    1.9%

    76,450

    0.6%

    -104,008

    -1%

    124,627

    1.1%

    -39,425

    -0.3%

    Income from continuing operations before income tax

    1,829,490

    14.8%

    1,460,300

    12.4%

    1,102,146

    10.1%

    1,456,565

    13%

    1,422,654

    11.8%

    Net income (loss)

    1,554,401

    12.5%

    1,225,785

    10.4%

    928,883

    8.5%

    1,255,931

    11.2%

    1,227,239

    10.2%

    Diluted earnings per share (NT$)

    2.6

     

    2

     

    1.5

     

    2.1

     

    2

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, December 2017

15-Dec-2017 markets closed

 LastChange

TAIEX (TSE)10491.44-46.57-0.44% 

TSE electronic438.56-2.38-0.54% 

GTSM (OTC)145.8-0.46-0.31% 

OTC electronic220.42-0.82-0.37% 

UMC
Global AP demand forecast, 2017-2020
Global notebook shipment forecast, 2017 and beyond
  • The 10nm competition

    TSMC and Samsung have been competing for clients for the 10nm node.

  • Qualcomm royalty row

    Qualcomm faces pressure to renegotiate royalty terms with clients as more phone vendors reportedly mull following Apple's lead in suspending payments...

  • TSMC 3nm fab

    TSMC will build its 3nm fab in southern Taiwan.

  • SEMICON Taiwan 2017

    Semiconductor equipment and material suppliers are showcasing their latest products and technologies at SEMICON Taiwan 2017 in Taipei September 13-15.

  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Global AP demand forecast, 2017-2020

    Digitimes Research expects global AP shipments to surpass the 1.9 billion mark in 2017, with smartphones remaining the main application. Qualcomm will be leading the market in 2017, as other players continue playing catch up and scramble for funds to invest in more diverse applications.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.