- Gigasolar materials
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PerformanceThe company has reported consolidated revenues of NT$761 million for March 2018, representing a 31.6% increase on month and 4.5% drop on year.For the fourth quarter of 2017, the company totaled NT$2,592 million in consolidated revenues, up 1.2% sequentially and down 8.7% on year.Brief
Full name: Gigasolar materials
Chinese name: 碩禾電子材料股份有限公司
Short name: Gigasolar
Stock code: 3691
Tax ID: 80433079
Market: OTC
Established: 11 Jul 2003
Paid in capital: NT$609.89 million
Listed on OTC: 18 Nov 2010
Listed on ESB: 12 Oct 2009
Public since: 17 Sep 2009
Website: www.gigasolar.com.tw
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Latest sales
Gigasolar: Consolidated revenues, Mar 2017 - Mar 2018 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Mar-18
761
31.6%
(4.5%)
2,257
0.4%
Feb-18
578
(37.1%)
(3.6%)
1,496
3.1%
Jan-18
919
6.6%
7.8%
919
7.8%
Dec-17
862
0.8%
(7.8%)
9,624
(35.3%)
Nov-17
856
2.2%
(19.8%)
8,762
(37.2%)
Oct-17
837
(16.5%)
(3.5%)
7,907
(38.6%)
Sep-17
1,002
31%
21.2%
7,070
(41.1%)
Aug-17
765
(2.6%)
(19.8%)
6,068
(45.7%)
Jul-17
785
6.8%
(41.2%)
5,303
(48.2%)
Jun-17
735
(15.1%)
(50%)
4,517
(49.2%)
May-17
866
29.6%
(36.2%)
3,782
(49%)
Apr-17
668
(16%)
(55.7%)
2,916
(51.9%)
Mar-17
796
32.8%
(49.3%)
2,248
(50.7%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018Gigasolar: Consolidated revenues, 4Q16 - 4Q17 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-17
2,592
1.2%
(8.7%)
9,676
(34.8%)
3Q-17
2,561
11.4%
(17.3%)
7,084
(41%)
2Q-17
2,300
3.5%
(47.1%)
4,523
(49.2%)
1Q-17
2,223
(21.7%)
(51.2%)
2,223
(51.2%)
4Q-16
2,837
(8.4%)
(42.8%)
14,834
(6.1%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018Latest balance sheet and income statementGigasolar: Consolidated balance sheet, 4Q16 - 4Q17 (NT$k)
Item
4Q-2017
3Q-2017
2Q-2017
1Q-2017
4Q-2016
Current assets
12,241,648
11,075,890
11,199,784
11,428,216
12,550,026
Intangible assets
46,069
52,579
52,959
53,731
54,503
Non-current assets
7,342,044
7,071,915
6,631,955
6,176,203
5,933,302
Assets
19,583,692
18,147,805
17,831,739
17,604,419
18,483,328
Current liabilities
7,681,986
6,414,657
6,364,431
5,562,144
6,105,993
Non-current liabilities
5,200,290
5,215,853
4,907,414
4,575,634
4,769,705
Liabilities
12,882,276
11,630,510
11,271,845
10,137,778
10,875,698
Stockholders' equity
6,701,416
6,517,295
6,559,894
7,466,641
7,607,630
*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018Gigasolar: Consolidated income statement, 4Q16 - 4Q17 (NT$k)
Item
4Q-2017
3Q-2017
2Q-2017
1Q-2017
4Q-2016
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
2,592,134
0
2,222,801
2,837,472
Operating revenue
2,592,134
100%
2,561,095
2,300,005
103.5%
2,222,801
100%
2,837,472
100%
Gross profit (loss) from operations
219,482
8.5%
314,157
12.3%
302,860
13.6%
370,732
16.7%
371,955
13.1%
Operating expenses
600,847
23.2%
136,078
5.3%
331,688
14.9%
150,605
6.8%
213,064
7.5%
Operating income (loss)
-381,365
-14.7%
178,079
7%
-28,828
-1.3%
220,127
9.9%
158,891
5.6%
Non-operating expenses and losses
-76,512
-3%
-64,456
-2.5%
181,124
8.1%
-193,456
-8.7%
-113,209
-4%
Income from continuing operations before income tax
-457,877
-17.7%
113,623
4.4%
152,296
6.9%
26,671
1.2%
45,682
1.6%
Net income (loss)
-448,432
-17.3%
80,893
3.2%
109,564
4.9%
25,199
1.1%
10,081
0.4%
Diluted earnings per share (NT$)
-7.4
1.4
1.9
0.6
0.6
*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018 - Gigasolar materials full profile