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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$45.1 on the TSE on Thursday, December 18, 2014.
    The company has reported consolidated revenues of NT$6,587 million for November 2014, representing a 4.7% drop on month and 2% increase on year.
    For the third quarter of 2014, the company totaled NT$20,267 million in consolidated revenues, down 5.5% sequentially and up 19.6% 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
    19-Dec 45,613 13,924 2,067,526,993 46.20 46.30 44.10 45.10+0.00+0.00% 45.10 45.05
    18-Dec 22,937 7,870 1,046,244,551 45.80 46.20 45.10 45.10-0.20-0.44% 45.15 45.10
    17-Dec 27,123 8,894 1,234,231,504 45.95 45.95 45.15 45.30-0.15-0.33% 45.35 45.30
    16-Dec 27,233 9,711 1,246,973,228 45.90 46.40 45.35 45.45-0.85-1.84% 45.50 45.45
    15-Dec 30,186 10,087 1,367,993,256 45.00 46.30 44.80 46.30+0.65+1.42% 46.35 46.30
    12-Dec 25,993 9,190 1,201,457,468 46.40 46.80 45.65 45.65-0.45-0.98% 45.70 45.65
    11-Dec 30,574 10,271 1,398,789,638 45.50 46.20 45.05 46.10+0.10+0.22% 46.15 46.10
    • Source: TSE, compiled by Digitimes
    Latest sales

    Inotera: Consolidated revenues, Nov 2013 - Nov 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-14

    6,587

    (4.7%)

    2%

    75,245

    48%

    Oct-14

    6,909

    1.7%

    13.9%

    68,851

    55.1%

    Sep-14

    6,793

    1.2%

    13.7%

    61,834

    61.4%

    Aug-14

    6,712

    (2.3%)

    20.5%

    55,041

    70.2%

    Jul-14

    6,868

    (3.5%)

    27.3%

    48,542

    81.3%

    Jun-14

    7,113

    (4%)

    38.2%

    40,840

    91%

    May-14

    7,410

    14.7%

    78.4%

    33,727

    107.8%

    Apr-14

    6,462

    (2.3%)

    87.6%

    26,318

    117.9%

    Mar-14

    6,616

    9.9%

    92.1%

    19,855

    130%

    Feb-14

    6,022

    (16.6%)

    137.8%

    13,240

    155.2%

    Jan-14

    7,218

    (11.4%)

    171.7%

    7,218

    171.7%

    Dec-13

    8,146

    26.2%

    156%

    58,993

    67.1%

    Nov-13

    6,455

    6.4%

    117.3%

    50,847

    58.3%

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

    Inotera: Consolidated revenues, 3Q13 - 3Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    20,267

    (5.5%)

    19.6%

    61,942

    61.6%

    2Q-14

    21,450

    6.1%

    68.3%

    41,674

    94.9%

    1Q-14

    20,224

    (2.2%)

    134.3%

    20,224

    134.3%

    4Q-13

    20,669

    22%

    126.8%

    58,993

    67.1%

    3Q-13

    16,944

    32.9%

    94.9%

    38,324

    46.4%

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

    Latest balance sheet and income statement

    Inotera: Consolidated balance sheet, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    62,626,773

    62,472,406

    47,316,581

    35,251,900

    27,488,058

    Non-current assets

    67,721,439

    69,087,769

    64,809,410

    67,127,950

    69,602,481

    Assets

    130,348,212

    131,560,175

    112,125,991

    102,379,850

    97,090,539

    Current liabilities

    29,583,289

    40,494,117

    39,984,263

    39,078,749

    40,111,796

    Non-current liabilities

    3,943,396

    5,998,149

    11,042,982

    13,861,512

    19,035,328

    Liabilities

    33,526,685

    46,492,266

    51,027,245

    52,940,261

    59,147,124

    Stockholders' equity

    96,821,527

    85,067,909

    61,098,746

    49,439,589

    37,943,415

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

    Inotera: Consolidated income statement, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    20,267,349

     

    21,449,966

     

    20,224,291

     

    20,668,883

     

    16,944,447

     

    Gross profit (loss) from operations

    10,824,390

    53.4%

    12,021,317

    56%

    10,933,367

    54.1%

    10,902,357

    52.7%

    7,659,396

    45.2%

    Operating expenses

    311,536

    1.5%

    306,433

    1.4%

    209,699

    1%

    190,271

    0.9%

    148,257

    0.9%

    Operating income (loss)

    10,512,854

    51.9%

    11,714,884

    54.6%

    10,723,668

    53%

    10,712,086

    51.8%

    7,511,139

    44.3%

    Non-operating expenses and losses

    1,116,259

    5.5%

    -1,099,683

    -5.1%

    522,107

    2.6%

    338,819

    1.6%

    -220,674

    -1.3%

    Income from continuing operations before income tax

    11,629,113

    57.4%

    10,615,201

    49.5%

    11,245,775

    55.6%

    11,050,905

    53.5%

    7,290,465

    43%

    Net income (loss)

    11,629,098

    57.4%

    10,614,912

    49.5%

    11,245,775

    55.6%

    11,050,905

    53.5%

    7,290,465

    43%

    Diluted earnings per share (NT$)

    1.8

     

    1.7

     

    1.8

     

    1.9

     

    1.3

     

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

  • Inotera Memories full profile

19-Dec-2014 markets closed

 LastChange

TAIEX (TSE)8999.52+120.89+1.36% 

TSE electronic358.2+5.73+1.63% 

GTSM (OTC)134.27-1.41-1.04% 

OTC electronic170.33-1.64-0.95% 

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