Taipei, Wednesday, November 22, 2017 01:39 (GMT+8)
partly cloudy
Taipei
22°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$25.65 on the TSE on Monday, November 20, 2017.
    The company has reported consolidated revenues of NT$781 million for October 2017, representing a 16.3% drop on month and 19.6% drop on year.
    For the third quarter of 2017, the company totaled NT$2,635 million in consolidated revenues, up 6.6% sequentially and down 9.9% 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$2.73 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
    21-Nov 2,474 1,108 63,778,900 25.85 26.05 25.60 25.60-0.05-0.19% 25.60 25.65
    20-Nov 2,410 1,089 62,263,550 26.30 26.35 25.60 25.65-0.55-2.10% 25.60 25.65
    17-Nov 4,011 1,933 105,780,050 25.90 26.70 25.90 26.20+0.55+2.14% 26.20 26.25
    16-Nov 1,888 929 48,946,100 25.80 26.15 25.65 25.65-0.15-0.58% 25.65 25.70
    15-Nov 2,263 980 58,454,000 26.10 26.15 25.60 25.80-0.20-0.77% 25.80 25.85
    14-Nov 3,798 1,652 99,137,734 26.40 26.75 25.75 26.00-0.40-1.52% 26.00 26.05
    13-Nov 4,649 2,472 124,832,492 27.80 27.80 26.30 26.40-1.40-5.04% 26.40 26.45
    • Source: TSE, compiled by Digitimes
    Latest sales

    Altek: Consolidated revenues, Oct 2016 - Oct 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Oct-17

    781

    (16.3%)

    (19.6%)

    8,550

    (6.1%)

    Sep-17

    933

    8.5%

    (20.9%)

    7,769

    (4.5%)

    Aug-17

    860

    2.1%

    (0.1%)

    6,836

    (1.8%)

    Jul-17

    842

    1.5%

    (4.8%)

    5,976

    (2%)

    Jun-17

    830

    8.2%

    (6.8%)

    5,134

    (1.5%)

    May-17

    767

    (12.4%)

    (19.1%)

    4,304

    (0.5%)

    Apr-17

    876

    (15.6%)

    (7.9%)

    3,537

    4.8%

    Mar-17

    1,038

    35.4%

    9.2%

    2,661

    9.7%

    Feb-17

    767

    (10.5%)

    17.2%

    1,623

    10.1%

    Jan-17

    856

    (33.8%)

    4.4%

    856

    4.4%

    Dec-16

    1,294

    10.2%

    33.6%

    11,577

    (7.3%)

    Nov-16

    1,174

    21%

    18.9%

    10,283

    (10.8%)

    Oct-16

    971

    (17.6%)

    (14.6%)

    9,109

    (13.6%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-17

    2,635

    6.6%

    (9.9%)

    7,769

    (4.5%)

    2Q-17

    2,473

    (7.1%)

    (11.3%)

    5,134

    (1.5%)

    1Q-17

    2,661

    (22.6%)

    9.7%

    2,661

    9.7%

    4Q-16

    3,439

    17.6%

    11.2%

    11,577

    (7.3%)

    3Q-16

    2,924

    4.8%

    (23%)

    8,138

    (13.4%)

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

    Latest balance sheet and income statement

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

    Item

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    Current assets

    10,119,461

    9,834,493

    9,007,681

    10,051,522

    9,508,356

    Intangible assets

    79,864

    83,229

    86,296

    92,917

    94,449

    Non-current assets

    4,885,291

    4,906,946

    5,052,780

    5,175,610

    5,286,388

    Assets

    15,004,752

    14,741,439

    14,060,461

    15,227,132

    14,794,744

    Current liabilities

    4,971,591

    5,134,552

    4,891,368

    5,613,869

    5,322,759

    Non-current liabilities

    535,377

    525,339

    518,458

    580,270

    569,283

    Liabilities

    5,506,968

    5,659,891

    5,409,826

    6,194,139

    5,892,042

    Stockholders' equity

    9,497,784

    9,081,548

    8,650,635

    9,032,993

    8,902,702

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

    Altek: 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

    Operating revenue

    2,634,947

     

    2,473,042

     

    2,661,107

     

    3,438,812

     

    2,924,158

     

    Gross profit (loss) from operations

    327,164

    12.4%

    340,718

    13.8%

    401,266

    15.1%

    518,564

    15.1%

    456,975

    15.6%

    Operating expenses

    302,566

    11.5%

    341,463

    13.8%

    353,940

    13.3%

    410,881

    11.9%

    440,094

    15.1%

    Operating income (loss)

    24,598

    0.9%

    -745

    0%

    47,326

    1.8%

    107,683

    3.1%

    16,881

    0.6%

    Non-operating expenses and losses

    -6,412

    -0.2%

    -4,450

    -0.2%

    -15,830

    -0.6%

    73,244

    2.1%

    27,416

    0.9%

    Income from continuing operations before income tax

    18,186

    0.7%

    -5,195

    -0.2%

    31,496

    1.2%

    180,927

    5.3%

    44,297

    1.5%

    Net income (loss)

    -5,664

    -0.2%

    -14,935

    -0.6%

    25,130

    0.9%

    111,420

    3.2%

    28,674

    1%

    Diluted earnings per share (NT$)

    -0

     

    -0.1

     

    0.1

     

    0.3

     

    0

     

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

  • Altek full profile

Categories: IT + CE IT components, peripherals

Tags: 2Q14 Altek

Companies: Altek

Realtime news
  • Laster Tech to see 4Q17 revenues increase

    Before Going to Press | 4h 6min ago

  • Global 3Q17 NAND flash market grows 14% on quarter, says DRAMeXchange

    Before Going to Press | 4h 10min ago

  • Xiaomi appoints former MediaTek co-COO as investment partner

    Before Going to Press | 4h 10min ago

  • Smartphone panel prices stay flat in November

    Before Going to Press | 4h 12min ago

  • Asustek tops Taiwan-based global brand in 2017

    Before Going to Press | 4h 13min ago

  • Digitimes Research: Global smartphone shipments to reach over 1.5 billion units in 2018

    Before Going to Press | 4h 14min ago

  • Gemtek building up LoRa base stations in Beijing

    Before Going to Press | 4h 15min ago

  • Car-use LED lighting demand to boom in China

    Before Going to Press | 4h 17min ago

  • KYEC to enjoy ramp-up of orders from Nvidia, Intel

    Before Going to Press | 4h 20min ago

  • OSE looks to swing back to profit in 2018

    Before Going to Press | 4h 25min ago

Pause
 | 
View more

21-Nov-2017 markets closed

 LastChange

TAIEX (TSE)10779.24+114.69+1.08% 

TSE electronic462.82+4.59+1% 

GTSM (OTC)150.16+2.14+1.45% 

OTC electronic228.76+5.28+2.36% 

Global notebook shipment forecast, 2017 and beyond
Global AP demand forecast, 2017-2020
Global notebook shipment forecast, 2017 and beyond
  • Trends in industrial computing

    Digitimes trackes the latest trends in industrial computing applications, including IoT, Industry 4.0 and automation and robotics.

  • 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...

  • VR/AR new hope for 2017?

    With gaming products becoming popular and VR/AR applications having become the latest topics in the IT market, will VR/AR help save the IT industry in...

  • Virtual reality on the rise

    Virtual reality has become the latest topic of the PC industry with players such as Samsung, HTC, Google and Sony, all aggressively pushing into.

  • 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.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • 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.