Taipei, Tuesday, December 30, 2014 00:17 (GMT+8)
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Altek expects significant business growth beginning 2Q14 - related company info
Adam Hwang, DIGITIMES, Taipei [Monday 3 March 2014]
  • Altek
  • Performance
    The company's stock price closed at NT$35.8 on the TSE on Friday, December 26, 2014.
    The company has reported consolidated revenues of NT$1,127 million for November 2014, representing a 12.1% increase on month and 26.5% drop on year.
    For the third quarter of 2014, the company totaled NT$3,521 million in consolidated revenues, down 27.4% sequentially and down 44.4% on year.
    Brief

    Full name: Altek

    Chinese name: 華晶科技股份有限公司

    Short name: Altek

    Stock code: 3059

    Tax ID: 97307625

    Market: TSE

    Established: 24 Dec 1996

    Paid in capital: NT$3.94 billion

    Listed on TSE: 24 Dec 2002

    Listed on ESB: 10 Sep 2002

    Public since: 3 May 2001

    Website: www.altek.com.tw

  • On display
    • Altek own-brand cameraphone

      Taiwan-based digital camera maker Altek has unveiled the T8680, its first own-brand cameraphone model. The T8680...

      Photo: Company, Jul 24.

  • Latest stock
    Altek [3059] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    29-Dec 1,600 845 58,187,198 36.40 36.75 35.85 35.90-0.35-0.97% 36.00 35.90
    26-Dec 1,207 599 42,952,600 35.85 35.95 35.30 35.80+0.15+0.42% 35.85 35.80
    25-Dec 1,111 567 39,872,216 36.05 36.20 35.65 35.65-0.40-1.11% 35.70 35.65
    24-Dec 1,696 938 61,073,480 35.70 36.40 35.70 36.05+0.25+0.70% 36.05 36.00
    23-Dec 3,360 1,746 121,065,712 36.00 36.30 35.70 35.80+0.45+1.27% 35.85 35.80
    22-Dec 1,969 1,014 68,990,818 34.90 35.35 34.45 35.35+0.45+1.29% 35.35 35.30
    • Source: TSE, compiled by Digitimes
    Latest sales

    Altek: Consolidated revenues, Nov 2013 - Nov 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-14

    1,127

    12.1%

    (26.5%)

    14,309

    (21.1%)

    Oct-14

    1,006

    (10.2%)

    (28.4%)

    13,182

    (20.6%)

    Sep-14

    1,120

    (16.2%)

    (46.1%)

    12,176

    (19.9%)

    Aug-14

    1,336

    25.5%

    (47.6%)

    11,056

    (15.8%)

    Jul-14

    1,064

    (17.2%)

    (37.7%)

    9,720

    (8.1%)

    Jun-14

    1,286

    (26.4%)

    (27.9%)

    8,656

    (2.4%)

    May-14

    1,746

    (4%)

    12.4%

    7,370

    4%

    Apr-14

    1,819

    15.7%

    20.1%

    5,624

    1.7%

    Mar-14

    1,573

    41.4%

    (0.3%)

    3,804

    (5.2%)

    Feb-14

    1,112

    (0.7%)

    (11.1%)

    2,232

    (8.4%)

    Jan-14

    1,120

    9.2%

    (5.6%)

    1,120

    (5.6%)

    Dec-13

    1,025

    (33.2%)

    (17.5%)

    19,166

    (22%)

    Nov-13

    1,534

    9.2%

    (6.2%)

    18,141

    (22.3%)

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

    Altek: Consolidated revenues, 3Q13 - 3Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    3,521

    (27.4%)

    (44.4%)

    12,176

    (19.9%)

    2Q-14

    4,852

    27.5%

    (0%)

    8,656

    (2.4%)

    1Q-14

    3,804

    (4%)

    (5.2%)

    3,804

    (5.2%)

    4Q-13

    3,964

    (37.4%)

    (19.8%)

    19,166

    (22%)

    3Q-13

    6,334

    30.5%

    2%

    15,201

    (22.6%)

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

    Latest balance sheet and income statement

    Altek: Consolidated balance sheet, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    10,232,800

    10,220,383

    9,425,670

    9,078,856

    9,885,406

    Intangible assets

    102,046

    102,149

    107,644

    110,413

    114,073

    Non-current assets

    6,222,005

    6,243,898

    6,611,137

    6,639,604

    6,817,379

    Assets

    16,454,805

    16,464,281

    16,036,807

    15,718,460

    16,702,785

    Current liabilities

    6,491,594

    5,541,513

    5,010,271

    4,923,728

    5,662,626

    Non-current liabilities

    648,480

    623,348

    885,676

    894,824

    886,851

    Liabilities

    7,140,074

    6,164,861

    5,895,947

    5,818,552

    6,549,477

    Stockholders' equity

    9,314,731

    10,299,420

    10,140,860

    9,899,908

    10,153,308

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

    Altek: Consolidated income statement, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    3,520,680

     

    4,851,525

     

    3,804,257

     

    3,964,379

     

    6,333,611

     

    Gross profit (loss) from operations

    376,896

    10.7%

    503,897

    10.4%

    308,733

    8.1%

    228,681

    5.8%

    354,802

    5.6%

    Operating expenses

    317,839

    9%

    349,085

    7.2%

    288,521

    7.6%

    294,378

    7.4%

    297,096

    4.7%

    Operating income (loss)

    59,057

    1.7%

    154,812

    3.2%

    20,212

    0.5%

    -65,697

    -1.7%

    57,706

    0.9%

    Non-operating expenses and losses

    -19,746

    -0.6%

    1,528

    0%

    77,770

    2%

    -340,101

    -8.6%

    9,775

    0.2%

    Income from continuing operations before income tax

    39,311

    1.1%

    156,340

    3.2%

    97,982

    2.6%

    -405,798

    -10.2%

    67,481

    1.1%

    Net income (loss)

    30,594

    0.9%

    133,201

    2.7%

    81,794

    2.2%

    -362,521

    -9.1%

    61,703

    1%

    Diluted earnings per share (NT$)

    0.1

     

    0.3

     

    0.2

     

    -1

     

    0.2

     

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

  • Altek full profile

Categories: IT + CE IT components, peripherals

Tags: 2Q14 Altek

Companies: Altek

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