Taipei, Monday, March 30, 2015 09:56 (GMT+8)
mostly cloudy
Taipei
24°C
Flytech extends to telematics - related company info
Ninelu Tu, Taipei; Adam Hwang, DIGITIMES [Thursday 6 March 2014]
  • Flytech Technology
  • Performance
    The company's stock price closed at NT$123.5 on the TSE on Thursday, March 26, 2015.
    The company has reported consolidated revenues of NT$324 million for February 2015, representing a 20.4% drop on month and 1.5% increase on year.
    For the third quarter of 2014, the company totaled NT$1,319 million in consolidated revenues, up 11% sequentially and up 25.7% on year.
    Brief

    Full name: Flytech Technology

    Chinese name: 飛捷科技股份有限公司

    Short name: Flytech

    Stock code: 6206

    Tax ID: 21230513

    Market: TSE

    Established: 13 Aug 1984

    Paid in capital: NT$1.20 billion

    Listed on TSE: 3 Aug 2004

    Listed on OTC: 12 Dec 2002

    Listed on ESB: 27 Jun 2002

    Public since: 26 Jun 2001

    Website: www.flytech.com

  • Latest stock
    Flytech [6206] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    27-Mar 303 241 37,693,340 124.00 125.00 123.50 125.00+1.50+1.21% 125.00 124.50
    26-Mar 591 354 73,485,336 124.00 126.50 123.50 123.50-1.00-0.80% 124.00 123.50
    25-Mar 298 238 37,176,680 125.00 125.50 124.00 124.50-0.50-0.40% 125.00 124.50
    24-Mar 414 286 51,721,814 126.00 126.00 124.50 125.00-1.00-0.79% 125.00 124.50
    23-Mar 609 310 76,859,655 127.00 128.00 125.50 126.00-1.00-0.79% 126.50 126.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Flytech: Consolidated revenues, Feb 2014 - Feb 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    324

    (20.4%)

    1.5%

    731

    14.2%

    Jan-15

    407

    0.3%

    27%

    407

    27%

    Dec-14

    406

    1%

    24.9%

    4,749

    16.8%

    Nov-14

    402

    (8.9%)

    20.6%

    4,343

    16.1%

    Oct-14

    441

    (1.9%)

    31.9%

    3,942

    15.7%

    Sep-14

    449

    (0.3%)

    18.2%

    3,501

    13.9%

    Aug-14

    451

    7.4%

    27.3%

    3,052

    13.3%

    Jul-14

    419

    2.7%

    32.8%

    2,601

    11.2%

    Jun-14

    408

    1.8%

    10.4%

    2,182

    7.8%

    May-14

    401

    5.9%

    12.6%

    1,773

    7.2%

    Apr-14

    379

    7.1%

    10.3%

    1,372

    5.7%

    Mar-14

    354

    10.9%

    11.9%

    993

    4.1%

    Feb-14

    319

    (0.4%)

    13.9%

    639

    0.2%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    1,319

    11%

    25.7%

    3,501

    13.9%

    2Q-14

    1,189

    19.7%

    11.1%

    2,182

    7.8%

    1Q-14

    993

    0.2%

    4.1%

    993

    4.1%

    4Q-13

    991

    (5.6%)

    8.9%

    4,065

    13.6%

    3Q-13

    1,050

    (1.9%)

    16.6%

    3,074

    15.2%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Latest balance sheet and income statement

    Flytech: Consolidated balance sheet, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    Current assets

    4,085,795

    3,930,551

    4,124,595

    3,970,629

    3,643,781

    Intangible assets

    10,399

    10,573

    11,593

    11,015

    9,654

    Non-current assets

    1,227,999

    1,247,840

    1,297,859

    1,256,142

    1,297,759

    Assets

    5,313,794

    5,178,391

    5,422,454

    5,226,771

    4,941,540

    Current liabilities

    1,131,478

    1,294,999

    1,552,467

    833,047

    750,300

    Non-current liabilities

    64,117

    58,345

    367,786

    367,363

    369,301

    Liabilities

    1,195,595

    1,353,344

    1,920,253

    1,200,410

    1,119,601

    Stockholders' equity

    4,118,199

    3,825,047

    3,502,201

    4,026,361

    3,821,939

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Flytech: Consolidated income statement, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

     

     

    1,319,412

     

    1,188,586

     

    993,304

     

    991,309

     

    Gross profit (loss) from operations

     

     

    433,171

    32.8%

    373,217

    31.4%

    322,139

    32.4%

    303,786

    30.6%

    Operating expenses

     

     

    134,184

    10.2%

    124,268

    10.5%

    119,013

    12%

    112,335

    11.3%

    Operating income (loss)

     

     

    298,987

    22.7%

    248,949

    20.9%

    203,126

    20.4%

    191,451

    19.3%

    Non-operating expenses and losses

     

     

    34,206

    2.6%

    -14,475

    -1.2%

    19,762

    2%

    44,114

    4.5%

    Income from continuing operations before income tax

     

     

    333,193

    25.3%

    234,474

    19.7%

    222,888

    22.4%

    235,565

    23.8%

    Net income (loss)

     

     

    300,574

    22.8%

    199,792

    16.8%

    195,834

    19.7%

    201,799

    20.4%

    Diluted earnings per share (NT$)

     

     

    1.9

     

    1.6

     

    1.5

     

    1.6

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

  • Flytech Technology full profile

27-Mar-2015 markets closed

 LastChange

TAIEX (TSE)9503.72-115.40-1.2% 

TSE electronic377.9-6.50-1.69% 

GTSM (OTC)143.81-1.22-0.84% 

OTC electronic188.31-2.09-1.1% 

2015 global notebook demand forecast
Trends and forecasts for the China FPD industry, 2014-2017
Greater China touch panel shipment forecast through 2015
  • 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...

  • Android

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

  • Apple launches latest gadgets more mobile industry

    Apple has announced to release its Apple Watch and new 12-inch ultra-thin MacBook in April 2015 and has upgraded its MacBook Pro and Air products.

  • Windows 10 not expected to boost PC demand

    Windows 10 and Intel's Skylake processors are expected to have limited affect on boosting consumer demand for PC in the second half of 2015

  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.