Taipei, Wednesday, October 1, 2014 16:42 (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$25.75 on the TSE on Tuesday, September 30, 2014.
    The company has reported consolidated revenues of NT$1,336 million for August 2014, representing a 25.5% increase on month and 47.6% drop on year.
    For the second quarter of 2014, the company totaled NT$4,852 million in consolidated revenues, up 27.5% sequentially and down 0% 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
    1-Oct 13,797   26.25 26.95 26.05 26.05+0.30+1.17%  
    30-Sep 10,800 2,903 277,493,773 24.75 25.75 24.30 25.75+1.65+6.85% 0.00 25.75
    29-Sep 796 403 19,120,818 24.10 24.20 23.85 24.10+0.35+1.47% 24.15 24.10
    26-Sep 1,123 542 26,761,605 23.60 24.15 23.50 23.75-0.15-0.63% 23.80 23.75
    25-Sep 1,875 803 45,342,699 24.60 24.80 23.90 23.90-0.60-2.45% 24.00 23.90
    24-Sep 1,686 850 41,225,840 24.05 24.65 24.05 24.50+0.50+2.08% 24.55 24.50
    23-Sep 2,796 1,283 68,169,392 24.90 24.90 24.00 24.00-0.95-3.81% 24.05 24.00
    22-Sep 1,801 794 45,243,793 25.50 25.50 24.90 24.95-0.70-2.73% 25.00 24.95
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    Oct-13

    1,405

    (32.3%)

    (32.1%)

    16,607

    (23.5%)

    Sep-13

    2,077

    (18.6%)

    (4.8%)

    15,201

    (22.6%)

    Aug-13

    2,550

    49.4%

    25.9%

    13,125

    (24.8%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%)

    2Q-13

    4,854

    20.9%

    (31.6%)

    8,868

    (33.9%)

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

    Latest balance sheet and income statement

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

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    10,220,383

    9,425,670

    9,078,856

    9,885,406

    12,003,013

    Intangible assets

    102,149

    107,644

    110,413

    114,073

    97,231

    Non-current assets

    6,243,898

    6,611,137

    6,639,604

    6,817,379

    6,711,680

    Assets

    16,464,281

    16,036,807

    15,718,460

    16,702,785

    18,714,693

    Current liabilities

    5,541,513

    5,010,271

    4,923,728

    5,662,626

    7,587,512

    Non-current liabilities

    623,348

    885,676

    894,824

    886,851

    941,424

    Liabilities

    6,164,861

    5,895,947

    5,818,552

    6,549,477

    8,528,936

    Stockholders' equity

    10,299,420

    10,140,860

    9,899,908

    10,153,308

    10,185,757

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

    Altek: 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

    Operating revenue

    4,851,525

     

    3,804,257

     

    3,964,379

     

    6,333,611

     

    4,853,531

     

    Gross profit (loss) from operations

    503,897

     

    308,733

     

    228,681

     

    354,802

     

    309,303

     

    Operating expenses

    349,085

     

    288,521

     

    294,378

     

    297,096

     

    304,736

     

    Operating income (loss)

    154,812

     

    20,212

     

    -65,697

     

    57,706

     

    4,567

     

    Non-operating expenses and losses

    1,528

     

    77,770

     

    -340,101

     

    9,775

     

    11,979

     

    Income from continuing operations before income tax

    156,340

     

    97,982

     

    -405,798

     

    67,481

     

    16,546

     

    Net income (loss)

    133,201

     

    81,794

     

    -362,521

     

    61,703

     

    16,033

     

    Diluted earnings per share (NT$)

    0.3

     

    0.2

     

    -1

     

    0.2

     

    0

     

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

  • Altek full profile

Categories: IT + CE IT components, peripherals

Tags: 2Q14 Altek

Companies: Altek

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