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Formosa Epitaxy expects LED lighting to take up 30-40% of 2014 revenues, says chairman - related company info
Julian Ho, Taipei; Adam Hwang, DIGITIMES [Monday 17 March 2014]
  • Formosa Epitaxy
  • Performance
    The company's stock price closed at NT$17 on the TSE on Monday, December 22, 2014.
    The company has reported consolidated revenues of NT$162 million for February 2015, representing a 0% drop on month and 40.2% drop on year.
    For the third quarter of 2014, the company totaled NT$1,436 million in consolidated revenues, up 1.8% sequentially and up 27.1% on year.
    Brief

    Full name: Formosa Epitaxy

    Chinese name: 璨圓光電股份有限公司

    Short name: FOREPI

    Arconym: FOREPI

    Stock code: 3061

    Tax ID: 70754136

    Market: TSE

    Established: 4 Nov 1999

    Paid in capital: NT$6.02 billion

    Listed on TSE: 11 Apr 2003

    Listed on ESB: 11 Dec 2002

    Public since: 20 Apr 2000

    Website: www.forepi.com.tw

  • Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    162

    (0%)

    (40.2%)

    323

    (41.8%)

    Jan-15

    162

    (39.8%)

    (43.2%)

    162

    (43.2%)

    Dec-14

    269

    43%

    10.5%

    4,511

    3%

    Nov-14

    188

    (29.8%)

    (24.5%)

    4,242

    2.5%

    Oct-14

    268

    (36.2%)

    (26.6%)

    4,054

    4.2%

    Sep-14

    420

    (11.7%)

    43.6%

    3,787

    7.4%

    Aug-14

    475

    (12.2%)

    12.4%

    3,367

    4.2%

    Jul-14

    541

    7.5%

    29.2%

    2,892

    2.9%

    Jun-14

    503

    4.5%

    3.8%

    2,351

    (1.7%)

    May-14

    482

    13.3%

    (0.9%)

    1,848

    (3.1%)

    Apr-14

    425

    10.2%

    (11.9%)

    1,366

    (3.8%)

    Mar-14

    386

    42.7%

    (3.7%)

    941

    0.4%

    Feb-14

    270

    (5.1%)

    18.8%

    555

    3.4%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    1,436

    1.8%

    27.1%

    3,787

    7.9%

    2Q-14

    1,410

    49.9%

    (2.8%)

    2,351

    (1.3%)

    1Q-14

    941

    9.9%

    1.1%

    941

    1.1%

    4Q-13

    856

    (24.2%)

    (19.3%)

    4,368

    (10%)

    3Q-13

    1,130

    (22.1%)

    (20.3%)

    3,511

    (7.4%)

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

    Latest balance sheet and income statement

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

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    6,824,199

    7,354,851

    7,365,558

    8,075,796

    9,010,962

    Intangible assets

    342,820

    353,334

    364,702

    374,091

    384,304

    Non-current assets

    11,558,471

    11,802,021

    12,214,167

    12,611,619

    12,375,495

    Assets

    18,382,670

    19,156,872

    19,579,725

    20,687,415

    21,386,457

    Current liabilities

    5,769,982

    5,825,469

    4,781,305

    4,867,005

    5,144,315

    Non-current liabilities

    798,432

    997,406

    1,912,773

    2,243,573

    2,280,148

    Liabilities

    6,568,414

    6,822,875

    6,694,078

    7,110,578

    7,424,463

    Stockholders' equity

    11,814,256

    12,333,997

    12,885,647

    13,576,837

    13,961,994

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

    FOREPI: 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

    Gross sales

    1,435,050

     

    1,409,764

     

    940,738

     

    856,112

     

    1,130,091

     

    Operating revenue

    1,435,795

    100.1%

    1,410,139

    100%

    940,738

    100%

    856,362

    100%

    1,130,091

    100%

    Gross profit (loss) from operations

    -360,950

    -25.2%

    -257,231

    -18.2%

    -411,769

    -43.8%

    -294,422

    -34.4%

    -233,675

    -20.7%

    Operating expenses

    304,751

    21.2%

    200,013

    14.2%

    172,699

    18.4%

    144,748

    16.9%

    192,687

    17.1%

    Operating income (loss)

    -665,701

    -46.4%

    -457,244

    -32.4%

    -584,468

    -62.1%

    -439,170

    -51.3%

    -426,362

    -37.7%

    Non-operating expenses and losses

    -1,078

    -0.1%

    -51,189

    -3.6%

    -81,951

    -8.7%

    17,846

    2.1%

    -46,417

    -4.1%

    Income from continuing operations before income tax

    -666,779

    -46.5%

    -508,433

    -36.1%

    -666,419

    -70.8%

    -421,324

    -49.2%

    -472,779

    -41.8%

    Net income (loss)

    -598,166

    -41.7%

    -508,090

    -36%

    -661,381

    -70.3%

    -431,367

    -50.4%

    -497,354

    -44%

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

  • Formosa Epitaxy full profile
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31-Mar-2015 markets closed

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TAIEX (TSE)9521.87+18.15+0.19% 

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GTSM (OTC)142.07-1.74-1.21% 

OTC electronic186.81-1.50-0.8% 

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