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Inotera 1Q14 earnings higher than expected - related company info
Josephine Lien, Taipei; Steve Shen, DIGITIMES [Tuesday 22 April 2014]
  • Inotera Memories
  • Performance
    The company's stock price closed at NT$28.3 on the TSE on Thursday, February 4, 2016.
    The company has reported consolidated revenues of NT$3,671 million for January 2016, representing a 3.4% drop on month and 3.4% drop on year.
    For the third quarter of 2015, the company totaled NT$14,490 million in consolidated revenues, down 10.8% sequentially and down 28.5% on year.
    Brief

    Full name: Inotera Memories

    Chinese name: 華亞科技股份有限公司

    Short name: Inotera

    Stock code: 3474

    Tax ID: 80353271

    Market: TSE

    Established: 23 Jan 2003

    Paid in capital: NT$65.34 billion

    Listed on TSE: 17 Mar 2006

    Listed on ESB: 15 Apr 2005

    Public since: 7 Oct 2004

    Website: www.inotera.com

  • Latest stock
    Inotera [3474] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    5-Feb 19,654   28.40 28.40 28.30 28.30-0.15-0.53%  
    4-Feb 19,654   28.40 28.40 28.30 28.30-0.15-0.53%  
    3-Feb 19,654   28.40 28.40 28.30 28.30-0.15-0.53%  
    • Source: TSE, compiled by Digitimes
    Latest sales

    Inotera: Consolidated revenues, Jan 2015 - Jan 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jan-16

    3,671

    (3.4%)

    (3.4%)

    3,671

    (45.6%)

    Dec-15

    3,802

    10.9%

    (45%)

    68,059

    (24%)

    Nov-15

    3,428

    (23%)

    (51%)

    64,257

    (22.3%)

    Oct-15

    4,453

    (0.9%)

    (33.7%)

    60,829

    (19.3%)

    Sep-15

    4,493

    (8%)

    (34.9%)

    56,377

    (18.1%)

    Aug-15

    4,882

    (5%)

    (27.3%)

    51,884

    (5.7%)

    Jul-15

    5,138

    (0.3%)

    (22.8%)

    47,002

    (2.8%)

    Jun-15

    5,152

    (6.5%)

    (25.9%)

    41,863

    0.5%

    May-15

    5,512

    (7.3%)

    (26.4%)

    36,711

    5.7%

    Apr-15

    5,947

    7.2%

    (15.1%)

    31,199

    14.6%

    Mar-15

    5,551

    (11.8%)

    (20.5%)

    25,252

    24.9%

    Feb-15

    6,291

    (6.2%)

    4.5%

    19,701

    48.8%

    Jan-15

    6,705

    (0%)

    (7.1%)

    13,410

    85.8%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, February 2016

    Inotera: Consolidated revenues, 3Q14 - 3Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-15

    14,490

    (10.8%)

    (28.5%)

    49,189

    (20.6%)

    2Q-15

    16,245

    (12%)

    (24.3%)

    34,698

    (16.7%)

    1Q-15

    18,454

    (10.6%)

    (8.8%)

    18,454

    (8.8%)

    4Q-14

    20,629

    1.8%

    (0.2%)

    82,571

    40%

    3Q-14

    20,267

    (5.5%)

    19.6%

    61,942

    61.6%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, February 2016

    Latest balance sheet and income statement

    Inotera: Consolidated balance sheet, 3Q14 - 3Q15 (NT$k)

    Item

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    Current assets

    51,280,779

    54,276,604

    60,491,884

    56,814,358

    62,626,773

    Non-current assets

    102,417,814

    86,755,618

    82,063,680

    80,832,222

    67,721,439

    Assets

    153,698,593

    141,032,222

    142,555,564

    137,646,580

    130,348,212

    Current liabilities

    17,463,766

    10,598,733

    16,750,685

    17,272,884

    29,583,289

    Non-current liabilities

    1,782,075

    1,806,172

    1,831,299

    3,885,855

    3,943,396

    Liabilities

    19,245,841

    12,404,905

    18,581,984

    21,158,739

    33,526,685

    Stockholders' equity

    134,452,752

    128,627,317

    123,973,580

    116,487,841

    96,821,527

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, February 2016

    Inotera: Consolidated income statement, 3Q14 - 3Q15 (NT$k)

    Item

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    14,490,329

     

    16,244,585

     

    18,453,812

     

    20,629,360

     

    20,267,349

     

    Gross profit (loss) from operations

    4,082,335

    28.2%

    5,962,172

    36.7%

    9,190,452

    49.8%

    11,352,469

    55%

    10,824,390

    53.4%

    Operating expenses

    219,250

    1.5%

    289,655

    1.8%

    486,998

    2.6%

    519,887

    2.5%

    311,536

    1.5%

    Operating income (loss)

    3,863,085

    26.7%

    5,672,517

    34.9%

    8,703,454

    47.2%

    10,832,582

    52.5%

    10,512,854

    51.9%

    Non-operating expenses and losses

    2,681,137

    18.5%

    -484,149

    -3%

    -491,152

    -2.7%

    2,362,297

    11.5%

    1,116,259

    5.5%

    Income from continuing operations before income tax

    6,544,222

    45.2%

    5,188,368

    31.9%

    8,212,302

    44.5%

    13,194,879

    64%

    11,629,113

    57.4%

    Net income (loss)

    5,773,519

    39.8%

    4,588,350

    28.2%

    7,268,929

    39.4%

    19,422,982

    94.2%

    11,629,098

    57.4%

    Diluted earnings per share (NT$)

    0.9

     

    0.7

     

    1.1

     

    3

     

    1.8

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, February 2016

  • Inotera Memories full profile

5-Feb-2016 markets closed

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TAIEX (TSE)8063-68.24-0.84% 

TSE electronic322.21-1.06-0.33% 

GTSM (OTC)123.72-0.80-0.64% 

OTC electronic153.44-1.34-0.87% 

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