Taipei, Tuesday, October 21, 2014 12:41 (GMT+8)
sunny
Taipei
31°C
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$24.6 on the TSE on Monday, October 13, 2014.
    The company has reported consolidated revenues of NT$1,120 million for September 2014, representing a 16.2% drop on month and 46.1% 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
    14-Oct 3,507 1,411 85,826,732 23.40 24.90 23.40 24.45-0.15-0.61% 24.50 24.45
    13-Oct 3,898 1,321 96,586,625 25.20 25.20 24.60 24.60-1.80-6.82% 24.60 0.00
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    Oct-13

    1,405

    (32.3%)

    (32.1%)

    16,607

    (23.5%)

    Sep-13

    2,077

    (18.6%)

    (4.8%)

    15,201

    (22.6%)

    *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

Realtime news
  • Global smartphone shipments grow 9.1% in 3Q14, says WitsView

    Mobile + telecom | 33min ago

  • Taiwan market: 4G users to reach 3 million by year-end 2014, says CHT chairman

    Mobile + telecom | 42min ago

  • Taiwan science parks January-August total revenues up 1.75% on year, says MOST

    Bits + chips | 52min ago

  • Digitimes Research: Global notebook shipments to drop in 4Q14

    IT + CE | 1h 15min ago

  • China handset camera module makers cut pricing by 15-20%

    Mobile + telecom | 1h 45min ago

  • GET reportedly to help Motech manage solar-grade wafer production

    Green energy | Oct 20, 21:38

  • Taiwan sees increased September export order value, says MOEA

    Bits + chips | Oct 20, 21:03

  • Corning vehicle display glass gains further attention in the market

    Displays | Oct 20, 21:01

  • Iteq to buy back 10 million shares as treasury stock

    Before Going to Press | Oct 20, 21:26

  • China has no way to enter DRAM industry, says Inotera chairman

    Before Going to Press | Oct 20, 21:24

  • UMC to purchase equipment from Applied materials

    Before Going to Press | Oct 20, 21:21

  • Foxlink chairman to quit attempt to acquire Taiwan cable service provider CNS

    Before Going to Press | Oct 20, 20:56

  • Intel to stop providing subsidies for mobile solutions; but expected to provide support through different methods

    Before Going to Press | Oct 20, 20:28

  • Digitimes Research: Smartphone AP shipments in China in 3Q14 estimated at 115.1 million units

    Before Going to Press | Oct 20, 20:16

  • ASE punished for illegal wastewater discharge

    Before Going to Press | Oct 20, 20:13

  • TV vendors look to upcoming holiday periods for Ultra HD TV development

    Before Going to Press | Oct 20, 20:11

  • Lenovo to set up subsidiary to market second-brand smartphones

    Before Going to Press | Oct 20, 20:06

Pause
 | 
View more

21-Oct-2014 markets closed

 LastChange

TAIEX (TSE)8663.14+150.26+1.77% 

TSE electronic340.68+6.23+1.86% 

GTSM (OTC)127.24+1.24+0.98% 

OTC electronic161.48+2.49+1.57% 

MSI X99S GAMING 9 AC
DIGITIMES Marketing Services
Greater China touch panel shipment forecast through 2015
  • Android

    The early success Google's Android platform has achieved in the handset market has caused system makers, software developers and semiconductor players...

  • Apple releases new toys

    Apple has released its new iPad Air 2, iPad mini 3 and new iMac on October 17, 2014

  • Taiwan notebook ODMs

    Taiwan notebook Original Design Manufacturers (ODMs) account for more than 90% of global notebook production and Digitimes is there to provide daily...

  • HP split

    Hewlett-Packard (HP) has split into two companies: HP Inc. and HP Enterprises, looking to improve its operation efficiency

  • 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.