CCM makers see aggressive orders from smartphone industry

CCM makers see aggressive orders from smartphone industry - related company info

Ocean Chen, Taipei; Joseph Tsai, DIGITIMES [Wednesday 19 March 2014]

Latest stock

Primax [4915] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
3-Mar	7,034			43.60	43.90	42.80	42.90	-0.70	-1.61%
2-Mar	6,199	2,983	271,486,572	44.30	44.35	43.60	43.60	-0.60	-1.36%	43.65	43.60
25-Feb	9,321	4,819	411,959,510	43.90	44.45	43.50	44.10	+0.40	+0.92%	44.15	44.10
24-Feb	6,032	3,057	263,037,642	43.30	43.90	42.85	43.70	+1.00	+2.34%	43.75	43.70

Latest sales

Primax: Consolidated revenues, Jan 2014 - Jan 2015 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Jan-15	4,719	3.3%	21.1%	4,719	21.1%
Dec-14	4,570	3.3%	21.1%	52,217	23.4%
Nov-14	4,422	(0%)	14.6%	47,648	23.6%
Oct-14	4,421	(3.6%)	28.8%	43,226	24.6%
Sep-14	4,587	9.1%	34.1%	38,805	24.2%
Aug-14	4,203	(13%)	20.2%	34,218	22.9%
Jul-14	4,833	6.9%	40.5%	30,015	23.3%
Jun-14	4,523	3.1%	32.7%	25,182	20.5%
May-14	4,385	(6.1%)	29.1%	20,659	18.1%
Apr-14	4,671	4.4%	33.1%	16,274	15.5%
Mar-14	4,474	38.4%	28.6%	11,603	9.6%
Feb-14	3,233	(17%)	17%	7,129	0.4%
Jan-14	3,896	3.3%	(10.3%)	3,896	(10.3%)

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

Primax: Consolidated revenues, 3Q13 - 3Q14 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
3Q-14	13,622	0.3%	31.5%	38,805	24.2%
2Q-14	13,580	17%	31.7%	25,182	20.5%
1Q-14	11,603	4.9%	9.6%	11,603	9.6%
4Q-13	11,064	6.8%	(5.3%)	42,320	(1.9%)
3Q-13	10,359	0.4%	(3.3%)	31,256	(0.6%)

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

Latest balance sheet and income statement

Primax: Consolidated balance sheet, 3Q13 - 3Q14 (NT$k)
Item	3Q-2014	2Q-2014	1Q-2014	4Q-2013	3Q-2013
Current assets	22,648,225	21,254,926	19,272,066	17,385,420	17,531,690
Intangible assets	2,947,045	2,977,635	3,008,248	46,479	48,599
Non-current assets	7,020,915	7,043,768	7,273,495	4,205,502	4,289,328
Assets	29,669,140	28,298,694	26,545,561	21,590,922	21,821,018
Current liabilities	18,722,057	17,788,862	15,990,341	13,828,775	14,167,806
Non-current liabilities	1,313,773	1,501,762	1,523,395	220,580	191,895
Liabilities	20,035,830	19,290,624	17,513,736	14,049,355	14,359,701
Stockholders' equity	9,633,310	9,008,070	9,031,825	7,541,567	7,461,317

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

Primax: Consolidated income statement, 3Q13 - 3Q14 (NT$k)
Item	3Q-2014		2Q-2014		1Q-2014		4Q-2013		3Q-2013
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Gross sales					11,602,651
Operating revenue	13,622,470	117.4%	13,579,558	117%	11,602,651	100%	11,063,900	81.2%	10,358,900	76%
Gross profit (loss) from operations	1,626,093	14%	1,581,737	13.6%	1,424,519	12.3%	659,814	4.8%	1,084,719	8%
Operating expenses	1,104,473	9.5%	1,093,946	9.4%	927,250	8%	708,564	5.2%	824,991	6.1%
Operating income (loss)	521,620	4.5%	487,791	4.2%	497,269	4.3%	-48,750	-0.4%	259,728	1.9%
Non-operating expenses and losses	106,030	0.9%	60,225	0.5%	-50,787	-0.4%	30,671	0.2%	27,995	0.2%
Income from continuing operations before income tax	627,650	5.4%	548,016	4.7%	446,482	3.8%	-18,079	-0.1%	287,723	2.1%
Net income (loss)	497,457	4.3%	426,180	3.7%	345,258	3%	-18,749	-0.1%	202,011	1.5%
Diluted earnings per share (NT$)	1.1		0.9		0.7		-0		0.5

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

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