Taipei, Thursday, August 28, 2014 19:29 (GMT+8)
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Gemtek expects LTE to be main source of revenue growth in 2014 - related company info
Irene Chen, Taipei; Adam Hwang, DIGITIMES [Friday 28 March 2014]
  • Gemtek Technology
  • Performance
    The company's stock price closed at NT$28.3 on the TSE on Wednesday, August 27, 2014.
    The company has reported consolidated revenues of NT$1,707 million for July 2014, representing a 8.8% increase on month and 15.8% increase on year.
    For the second quarter of 2014, the company totaled NT$4,002 million in consolidated revenues, up 10.7% sequentially and down 31% on year.
    Brief

    Full name: Gemtek Technology

    Chinese name: 正文科技股份有限公司

    Short name: Gemtek

    Stock code: 4906

    Tax ID: 22960571

    Market: TSE

    Established: 29 Jun 1988

    Paid in capital: NT$3.09 billion

    Listed on TSE: 30 Jun 2003

    Listed on OTC: 11 Jan 2002

    Website: www.gemtek.com.tw

  • On display
  • Latest stock
    Gemtek [4906] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    28-Aug 1,566 757 44,477,959 28.50 28.60 27.90 28.20-0.10-0.35% 28.20 28.05
    27-Aug 1,483 744 41,635,644 27.85 28.30 27.85 28.30+0.45+1.62% 28.30 28.25
    26-Aug 799 435 22,153,401 27.65 27.90 27.55 27.85+0.20+0.72% 27.85 27.80
    25-Aug 924 480 25,540,719 27.45 27.75 27.40 27.65+0.25+0.91% 27.65 27.60
    22-Aug 748 443 20,384,131 27.40 27.40 27.05 27.40+0.25+0.92% 27.40 27.35
    21-Aug 533 344 14,433,233 27.25 27.30 26.90 27.15-0.10-0.37% 27.15 27.10
    20-Aug 500 381 13,625,736 27.40 27.50 27.10 27.25-0.05-0.18% 27.25 27.15
    19-Aug 458 295 12,413,454 26.70 27.30 26.70 27.30+0.60+2.25% 27.30 27.15
    • Source: TSE, compiled by Digitimes
    Latest sales

    Gemtek: Consolidated revenues, Jul 2013 - Jul 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-14

    1,707

    8.8%

    15.8%

    9,326

    (25.3%)

    Jun-14

    1,569

    11.8%

    (17.6%)

    7,618

    (30.8%)

    May-14

    1,403

    36.1%

    (31.8%)

    6,049

    (33.5%)

    Apr-14

    1,031

    (27%)

    (44.3%)

    4,646

    (34.1%)

    Mar-14

    1,412

    35.5%

    (29.7%)

    3,615

    (30.4%)

    Feb-14

    1,042

    (10.2%)

    (22.2%)

    2,203

    (30.9%)

    Jan-14

    1,160

    (27.8%)

    (37.2%)

    1,160

    (37.2%)

    Dec-13

    1,607

    30.6%

    (18.6%)

    19,929

    (24.6%)

    Nov-13

    1,230

    (12.3%)

    (39.7%)

    18,323

    (25.1%)

    Oct-13

    1,402

    (8.4%)

    (33.4%)

    17,092

    (23.8%)

    Sep-13

    1,532

    (8.6%)

    (33.7%)

    15,690

    (22.8%)

    Aug-13

    1,676

    13.6%

    (23.8%)

    14,158

    (21.4%)

    Jul-13

    1,475

    (22.6%)

    (34.4%)

    12,482

    (21%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2014

    Gemtek: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    4,002

    10.7%

    (31%)

    7,617

    (30.7%)

    1Q-14

    3,615

    (14.7%)

    (30.4%)

    3,615

    (30.4%)

    4Q-13

    4,240

    (9.7%)

    (30.5%)

    19,929

    (24.6%)

    3Q-13

    4,693

    (19.1%)

    (31.1%)

    15,690

    (22.8%)

    2Q-13

    5,801

    11.7%

    (22.4%)

    10,997

    (18.6%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2014

    Latest balance sheet and income statement

    Gemtek: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    12,513,097

    12,608,193

    11,914,449

    12,104,815

    12,675,967

    Intangible assets

    0

    0

    0

    0

    119

    Non-current assets

    5,988,164

    5,472,690

    5,995,452

    6,038,560

    5,783,129

    Assets

    18,501,261

    18,080,883

    17,909,901

    18,143,375

    18,459,096

    Current liabilities

    9,897,455

    8,831,829

    8,778,448

    7,345,886

    7,710,099

    Non-current liabilities

    195,737

    204,259

    202,262

    2,019,857

    2,015,258

    Liabilities

    10,093,192

    9,036,088

    8,980,710

    9,365,743

    9,725,357

    Stockholders' equity

    8,408,069

    9,044,795

    8,929,191

    8,777,632

    8,733,739

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2014

    Gemtek: 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

    4,002,463

     

    3,614,659

     

    4,239,533

     

    4,682,347

     

    5,812,001

     

    Gross profit (loss) from operations

    488,699

     

    424,187

     

    447,366

     

    613,963

     

    636,864

     

    Operating expenses

    474,451

     

    487,860

     

    510,930

     

    503,633

     

    581,671

     

    Operating income (loss)

    14,248

     

    -63,673

     

    -63,564

     

    110,330

     

    55,193

     

    Non-operating expenses and losses

    33,050

     

    131,819

     

    139,038

     

    -30,426

     

    158,041

     

    Income from continuing operations before income tax

    47,298

     

    68,146

     

    75,474

     

    79,904

     

    213,234

     

    Net income (loss)

    9,616

     

    49,378

     

    49,143

     

    37,329

     

    145,385

     

    Diluted earnings per share (NT$)

    0

     

    0.2

     

    0.1

     

    0.1

     

    0.4

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2014

  • Gemtek Technology full profile
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28-Aug-2014 markets closed

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TAIEX (TSE)9485.59+91.63+0.98% 

TSE electronic371.88+3.85+1.05% 

GTSM (OTC)140.1+0.88+0.63% 

OTC electronic178.38+1.82+1.03% 

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