Taipei, Wednesday, July 23, 2014 16:08 (GMT+8)
light rain shower
Taipei
27°C
Ritek subsidiary to offer diamond-like carbon coating for use in LED lighting, says paper - related company info
EDN, February 25; Adam Hwang, DIGITIMES [Tuesday 25 February 2014]
  • Ritek
  • Performance
    The company's stock price closed at NT$4.67 on the TSE on Monday, July 21, 2014.
    The company has reported consolidated revenues of NT$883 million for June 2014, representing a 1.5% drop on month and 20.8% drop on year.
    For the first quarter of 2014, the company totaled NT$3,130 million in consolidated revenues, down 13.9% sequentially and down 14.4% on year.
    Brief

    Full name: Ritek

    Chinese name: 錸德科技股份有限公司

    Short name: Ritek

    Stock code: 2349

    Tax ID: 23218873

    Market: TSE

    Established: 29 Dec 1988

    Paid in capital: NT$26.15 billion

    Listed on TSE: 23 Apr 1996

    Public since: 27 Sep 1992

    Website: www.ritek.com.tw

  • On display
    • Ritek 8-inch single-side dual-layer DVD disc

      Ritek has launched its 8-inch single-side dual-layer DVD disc for digital camcorders. The 2.6GB disc allows user...

      Photo: Company, Dec 21.

    • Ritek limited edition SD card

      Ritek has unveiled its limited edition Ridata Kuso SD card. There are three versions: 512 MB, 1GB, and 2GB. The 1GB version...

      Photo: Company, Nov 30.

    • Ritek HD DVD discs

      The Ritek HD DVD blank media series utilizes a blue laser to record either high-definition (HD) video or Gigabytes worth...

      Photo: Company, Oct 24.

  • Latest stock
    Ritek [2349] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    22-Jul 4,920   4.68 4.70 4.66 4.67+0.00+0.00%  
    21-Jul 5,723 856 26,872,631 4.65 4.72 4.65 4.67-0.03-0.64% 4.68 4.67
    18-Jul 4,782   4.69 4.73 4.67 4.70+0.01+0.21%  
    17-Jul 7,304 1,348 34,414,100 4.70 4.77 4.67 4.69+0.01+0.21% 4.70 4.69
    16-Jul 7,136 952 33,422,366 4.70 4.72 4.66 4.68-0.02-0.43% 4.69 4.68
    15-Jul 9,497 1,232 44,773,529 4.67 4.76 4.66 4.70+0.04+0.86% 4.71 4.70
    14-Jul 8,091 1,425 37,647,808 4.63 4.69 4.63 4.66+0.03+0.65% 4.67 4.66
    • Source: TSE, compiled by Digitimes
    Latest sales

    Ritek: Consolidated revenues, Jun 2013 - Jun 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    883

    (1.5%)

    (20.8%)

    5,911

    (21.1%)

    May-14

    897

    (10.6%)

    (32.7%)

    5,028

    (21.2%)

    Apr-14

    1,004

    (3.3%)

    (28.8%)

    4,130

    (18.2%)

    Mar-14

    1,038

    14.9%

    (8.8%)

    3,127

    (14.1%)

    Feb-14

    903

    (23.8%)

    (17.6%)

    2,088

    (16.5%)

    Jan-14

    1,185

    0.1%

    (15.6%)

    1,185

    (15.6%)

    Dec-13

    1,184

    2%

    (13.8%)

    14,715

    (17.3%)

    Nov-13

    1,161

    (7%)

    (14.7%)

    13,532

    (17.6%)

    Oct-13

    1,248

    (4.5%)

    (13%)

    12,371

    (17.9%)

    Sep-13

    1,307

    17.2%

    (5.1%)

    11,123

    (18.4%)

    Aug-13

    1,115

    (7.5%)

    (23.6%)

    9,816

    (19.9%)

    Jul-13

    1,205

    8.1%

    (22.8%)

    8,701

    (19.3%)

    Jun-13

    1,115

    (16.3%)

    (31.6%)

    7,496

    (18.8%)

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

    Ritek: Consolidated revenues, 1Q13 - 1Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    3,130

    (13.9%)

    (14.4%)

    3,130

    (14.4%)

    4Q-13

    3,637

    1.1%

    (4.8%)

    14,754

    (15%)

    3Q-13

    3,599

    (6.8%)

    (14.9%)

    11,117

    (17.9%)

    2Q-13

    3,862

    5.6%

    (22.3%)

    7,518

    (19.3%)

    1Q-13

    3,657

    (4.2%)

    (15.8%)

    3,657

    (15.8%)

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

    Latest balance sheet and income statement

    Ritek: Consolidated balance sheet, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    10,458,959

    11,256,277

    11,615,575

    12,489,628

    12,764,402

    Intangible assets

    1,239,019

    1,273,507

    1,295,201

    1,321,177

    1,340,954

    Non-current assets

    28,514,517

    28,839,386

    29,233,039

    30,050,249

    30,741,642

    Assets

    38,973,476

    40,095,663

    40,848,614

    42,539,877

    43,506,044

    Current liabilities

    7,355,460

    8,612,444

    9,182,865

    9,755,801

    9,515,739

    Non-current liabilities

    6,259,103

    5,389,645

    4,899,666

    5,192,767

    5,722,855

    Liabilities

    13,614,563

    14,002,089

    14,082,531

    14,948,568

    15,238,594

    Stockholders' equity

    25,358,913

    26,093,574

    26,766,083

    27,591,309

    28,267,450

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

    Ritek: Consolidated income statement, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    3,130,197

     

    3,636,593

     

    3,598,590

     

    3,861,546

     

    3,656,859

     

    Gross profit (loss) from operations

    -420,188

     

    -319,102

     

    -90,495

     

    -129,378

     

    -63,428

     

    Operating expenses

    508,512

     

    690,095

     

    590,488

     

    449,183

     

    537,420

     

    Operating income (loss)

    -928,700

     

    -1,009,197

     

    -680,983

     

    -578,561

     

    -600,848

     

    Non-operating expenses and losses

    20,545

     

    -247,975

     

    20,209

     

    -70,015

     

    -54,268

     

    Income from continuing operations before income tax

    -908,155

     

    -1,257,172

     

    -660,774

     

    -648,576

     

    -655,116

     

    Net income (loss)

    -942,596

     

    -1,451,006

     

    -660,991

     

    -684,142

     

    -680,469

     

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

  • Ritek full profile

Categories: LED LED upstream

Tags: LED lighting lighting Ritek subsidiary

Companies: Ritek

Realtime news
  • Taiwan market: Nearly 1,500 4G base stations in operation at end of June, says NCC

    Mobile + telecom | 47min ago

  • China Mobile TD-LTE user base increases to nearly 14 million in June

    Mobile + telecom | 1h 8min ago

  • Microsoft cloud growth drives strong fiscal 4Q14 results

    IT + CE | 2h 11min ago

  • Apple reports fiscal 3Q14 results

    IT + CE | 2h 17min ago

  • USI reportedly lands SiP module orders for iWatch devices

    Bits + chips | 2h 19min ago

  • Microsoft facing increased competition from MacBooks and Chromebooks, say Taiwan makers

    IT + CE | 2h 20min ago

  • Investment in production of N-type monocrystalline solar cells may take off in 2-3 years

    Green energy | 2h 23min ago

Pause
 | 
View more

21-Jul-2014 markets closed

 LastChange

TAIEX (TSE)9400.97-7.27-0.08% 

TSE electronic370.47-0.65-0.18% 

GTSM (OTC)147.84-0.32-0.22% 

OTC electronic182.98-1.06-0.58% 

DIGITIMES Research Tracker Services
Media news email alerts
2014 global mobile application processor market forecast
  • 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...

  • 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...

  • Taiwan's display system makers - Jun 2007

    In addition to pure display makers such as Amtran, Chi Mei, HANNspree, Taiwan-based home appliance makers such as Tatung, Proton, Kolin, several major IT makers...

  • Taiwan's display system makers - Jun 2006

    Taiwan-based display makers come from a variety of areas in the IT industry, from Compal, which is best known for producing notebooks, to Premier, which also produces...

  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.