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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$29.25 on the TSE on Thursday, May 5, 2016.
    The company has reported consolidated revenues of NT$3,915 million for April 2016, representing a 2.1% increase on month and 3% increase on year.
    For the fourth quarter of 2015, the company totaled NT$11,574 million in consolidated revenues, down 20.1% sequentially and down 43.9% 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$65.60 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
    6-May 7,459   29.25 29.30 29.25 29.30+0.05+0.17%  
    5-May 28,820 3,344 844,112,501 29.30 29.35 29.20 29.25-0.10-0.34% 29.25 29.20
    4-May 8,240 2,136 241,530,007 29.30 29.35 29.30 29.35+0.05+0.17% 29.35 29.30
    3-May 13,132 3,065 384,813,118 29.30 29.35 29.30 29.30+0.00+0.00% 29.35 29.30
    29-Apr 7,959 2,973 233,258,831 29.30 29.35 29.30 29.30+0.00+0.00% 29.35 29.30
    28-Apr 7,915 3,425 231,950,410 29.35 29.35 29.30 29.30+0.00+0.00% 29.35 29.30
    27-Apr 6,756 2,060 198,017,211 29.35 29.35 29.30 29.30+0.00+0.00% 29.35 29.30
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-16

    3,915

    2.1%

    3%

    14,728

    (39.6%)

    Mar-16

    3,836

    12.5%

    0.9%

    10,935

    (39.7%)

    Feb-16

    3,411

    (7.1%)

    (10.3%)

    7,047

    (45.8%)

    Jan-16

    3,671

    (3.4%)

    (3.4%)

    3,671

    (45.6%)

    Dec-15

    3,802

    10.9%

    (45%)

    66,977

    (25.2%)

    Nov-15

    3,428

    (23%)

    (51%)

    63,175

    (23.6%)

    Oct-15

    4,453

    (0.9%)

    (33.7%)

    59,747

    (20.7%)

    Sep-15

    4,493

    (8%)

    (34.9%)

    55,294

    (19.7%)

    Aug-15

    4,882

    (5%)

    (27.3%)

    50,801

    (7.7%)

    Jul-15

    5,138

    (0.3%)

    (22.8%)

    45,920

    (5%)

    Jun-15

    5,152

    (6.5%)

    (25.9%)

    40,781

    (2.1%)

    May-15

    5,512

    (5.5%)

    (26.4%)

    35,629

    2.6%

    Apr-15

    5,831

    (0%)

    (16.8%)

    30,117

    10.6%

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

    Inotera: Consolidated revenues, 4Q14 - 4Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-15

    11,574

    (20.1%)

    (43.9%)

    60,762

    (26.4%)

    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%

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

    Latest balance sheet and income statement

    Inotera: Consolidated balance sheet, 4Q14 - 4Q15 (NT$k)

    Item

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    Current assets

    41,012,811

    51,280,779

    54,276,604

    60,491,884

    56,814,358

    Non-current assets

    116,871,496

    102,417,814

    86,755,618

    82,063,680

    80,832,222

    Assets

    157,884,307

    153,698,593

    141,032,222

    142,555,564

    137,646,580

    Current liabilities

    12,325,004

    17,463,766

    10,598,733

    16,750,685

    17,272,884

    Non-current liabilities

    10,237,028

    1,782,075

    1,806,172

    1,831,299

    3,885,855

    Liabilities

    22,562,032

    19,245,841

    12,404,905

    18,581,984

    21,158,739

    Stockholders' equity

    135,322,275

    134,452,752

    128,627,317

    123,973,580

    116,487,841

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

    Inotera: Consolidated income statement, 4Q14 - 4Q15 (NT$k)

    Item

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    11,573,597

     

    14,490,329

     

    16,244,585

     

    18,453,812

     

    20,629,360

     

    Gross profit (loss) from operations

    826,991

    7.1%

    4,082,335

    28.2%

    5,962,172

    36.7%

    9,190,452

    49.8%

    11,352,469

    55%

    Operating expenses

    198,894

    1.7%

    219,250

    1.5%

    289,655

    1.8%

    486,998

    2.6%

    519,887

    2.5%

    Operating income (loss)

    628,097

    5.4%

    3,863,085

    26.7%

    5,672,517

    34.9%

    8,703,454

    47.2%

    10,832,582

    52.5%

    Non-operating expenses and losses

    97,052

    0.8%

    2,681,137

    18.5%

    -484,149

    -3%

    -491,152

    -2.7%

    2,362,297

    11.5%

    Income from continuing operations before income tax

    725,149

    6.3%

    6,544,222

    45.2%

    5,188,368

    31.9%

    8,212,302

    44.5%

    13,194,879

    64%

    Net income (loss)

    446,623

    3.9%

    5,773,519

    39.8%

    4,588,350

    28.2%

    7,268,929

    39.4%

    19,422,982

    94.2%

    Diluted earnings per share (NT$)

    0.1

     

    0.9

     

    0.7

     

    1.1

     

    3

     

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

  • Inotera Memories full profile

6-May-2016 markets closed

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TAIEX (TSE)8167.96-17.51-0.21% 

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OTC electronic158.28+1.12+0.71% 

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