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Merry Electronics expanding overseas capacity with investment of NT$2.1-2.3 billion - related company info
Daniel Shen, Taichung; Adam Hwang, DIGITIMES [Monday 28 April 2014]
  • Merry Electronics
  • Performance
    The company's stock price closed at NT$109.5 on the TSE on Wednesday, December 24, 2014.
    The company has reported consolidated revenues of NT$1,124 million for November 2014, representing a 1.1% increase on month and 17.7% drop on year.
    For the third quarter of 2014, the company totaled NT$3,464 million in consolidated revenues, up 18.4% sequentially and up 14.6% on year.
    Brief

    Full name: Merry Electronics

    Chinese name: 美律實業股份有限公司

    Short name: Merry Electronics

    Stock code: 2439

    Tax ID: 52375605

    Market: TSE

    Established: 24 Dec 1975

    Paid in capital: NT$1.85 billion

    Listed on TSE: 11 Sep 2000

    Website: www.merry.com.tw

  • Latest stock
    Merry Electronics [2439] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    25-Dec 6,421   112.00 115.00 111.00 111.00+1.50+1.37%  
    24-Dec 1,184 813 129,654,245 109.00 110.50 109.00 109.50+0.50+0.46% 110.00 109.50
    23-Dec 3,296 1,899 363,973,300 111.00 112.00 109.00 109.00-2.00-1.80% 109.50 109.00
    22-Dec 5,429 3,284 596,103,076 107.00 112.50 106.00 111.00+4.00+3.74% 111.00 110.50
    19-Dec 4,448 2,357 473,809,303 108.00 108.50 104.00 107.00+1.00+0.94% 107.00 106.50
    18-Dec 2,484 1,605 266,505,736 107.00 108.50 106.00 106.00+0.00+0.00% 106.50 106.00
    17-Dec 2,185 1,658 233,856,700 107.50 109.00 106.00 106.00-1.50-1.40% 106.00 105.50
    16-Dec 2,369 1,769 258,468,315 110.50 111.50 107.50 107.50-3.00-2.71% 108.00 107.50
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-14

    1,124

    1.1%

    (17.7%)

    11,276

    12.6%

    Oct-14

    1,112

    (11.7%)

    (1.7%)

    10,152

    17.4%

    Sep-14

    1,259

    10.7%

    21.3%

    9,040

    20.2%

    Aug-14

    1,137

    7.6%

    7%

    7,781

    20.1%

    Jul-14

    1,056

    13.6%

    15.3%

    6,644

    22.6%

    Jun-14

    930

    6.4%

    22.5%

    5,587

    24.1%

    May-14

    874

    (21.8%)

    16.4%

    4,657

    24.5%

    Apr-14

    1,118

    7.3%

    57.2%

    3,783

    26.5%

    Mar-14

    1,042

    61.7%

    20.1%

    2,665

    16.9%

    Feb-14

    644

    (34.2%)

    13.9%

    1,623

    14.9%

    Jan-14

    979

    (19.6%)

    15.6%

    979

    15.6%

    Dec-13

    1,217

    (10.9%)

    57.9%

    11,234

    45.6%

    Nov-13

    1,366

    20.7%

    91.9%

    10,016

    44.2%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    3,464

    18.4%

    14.6%

    9,053

    20.3%

    2Q-14

    2,927

    9.9%

    31.4%

    5,589

    24.1%

    1Q-14

    2,663

    (28.6%)

    16.9%

    2,663

    16.9%

    4Q-13

    3,731

    23.4%

    78.3%

    11,258

    46.4%

    3Q-13

    3,023

    35.8%

    78.5%

    7,527

    34.5%

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

    Latest balance sheet and income statement

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

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    6,237,627

    6,375,345

    6,151,643

    6,510,067

    5,660,241

    Intangible assets

    194,459

    191,986

    191,030

    195,288

    182,589

    Non-current assets

    3,234,658

    3,000,308

    2,985,927

    2,917,112

    2,797,150

    Assets

    9,472,285

    9,375,653

    9,137,570

    9,427,179

    8,457,391

    Current liabilities

    3,398,977

    3,808,677

    3,158,745

    3,716,993

    3,279,710

    Non-current liabilities

    367,802

    342,471

    344,890

    355,199

    315,895

    Liabilities

    3,766,779

    4,151,148

    3,503,635

    4,072,192

    3,595,605

    Stockholders' equity

    5,705,506

    5,224,505

    5,633,935

    5,354,987

    4,861,786

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

    Merry Electronics: 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

    3,464,156

     

    2,926,561

     

    2,662,575

     

    3,730,851

     

    3,022,827

     

    Gross profit (loss) from operations

    834,153

    24.1%

    728,240

    24.9%

    606,615

    22.8%

    923,684

    24.8%

    690,449

    22.8%

    Operating expenses

    379,171

    10.9%

    353,068

    12.1%

    305,656

    11.5%

    347,284

    9.3%

    302,097

    10%

    Operating income (loss)

    454,982

    13.1%

    375,172

    12.8%

    300,959

    11.3%

    576,400

    15.4%

    388,352

    12.8%

    Non-operating expenses and losses

    39,220

    1.1%

    197

    0%

    36,856

    1.4%

    -16,539

    -0.4%

    1,925

    0.1%

    Income from continuing operations before income tax

    494,202

    14.3%

    375,369

    12.8%

    337,815

    12.7%

    559,861

    15%

    390,277

    12.9%

    Net income (loss)

    406,598

    11.7%

    298,820

    10.2%

    284,595

    10.7%

    459,034

    12.3%

    316,161

    10.5%

    Diluted earnings per share (NT$)

    2.1

     

    1.5

     

    1.6

     

    2.6

     

    1.8

     

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

  • Merry Electronics full profile
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25-Dec-2014 markets closed

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TAIEX (TSE)9186.18+88.47+0.97% 

TSE electronic364.7+2.75+0.76% 

GTSM (OTC)137.48+0.94+0.69% 

OTC electronic175+1.60+0.92% 

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