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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$66.1 on the TSE on Tuesday, May 5, 2015.
    The company has reported consolidated revenues of NT$986 million for March 2015, representing a 48.5% increase on month and 5.3% drop on year.
    For the fourth quarter of 2014, the company totaled NT$3,263 million in consolidated revenues, down 5.8% sequentially and down 12.6% 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
    6-May 5,983 3,952 402,182,704 65.30 68.20 65.20 67.10+1.00+1.51% 67.20 67.10
    5-May 9,051 5,760 611,272,663 70.50 71.20 66.00 66.10-4.40-6.24% 66.20 66.10
    4-May 4,899 3,457 349,343,795 70.50 72.50 70.50 70.50+0.00+0.00% 70.70 70.50
    30-Apr 10,959 6,452 776,102,430 70.30 73.00 70.30 70.50-5.00-6.62% 70.60 70.50
    29-Apr 8,692 5,576 668,071,966 79.00 79.60 74.90 75.50-4.50-5.63% 75.50 75.40
    28-Apr 3,195 2,143 257,743,940 82.20 82.40 79.90 80.00-1.90-2.32% 80.10 80.00
    27-Apr 2,590 1,764 213,500,249 83.40 83.40 81.90 81.90-0.50-0.61% 82.00 81.90
    • Source: TSE, compiled by Digitimes
    Latest sales

    Merry Electronics: Consolidated revenues, Mar 2014 - Mar 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-15

    986

    48.5%

    (5.3%)

    2,705

    1.5%

    Feb-15

    664

    (37%)

    3.1%

    1,718

    5.9%

    Jan-15

    1,054

    0.7%

    7.7%

    1,054

    7.7%

    Dec-14

    1,047

    (6.9%)

    (14%)

    12,323

    9.7%

    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%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Merry Electronics: Consolidated revenues, 4Q13 - 4Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-14

    3,263

    (5.8%)

    (12.6%)

    12,316

    9.4%

    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%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Latest balance sheet and income statement

    Merry Electronics: Consolidated balance sheet, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    Current assets

    6,397,728

    6,237,627

    6,375,345

    6,151,643

    6,510,067

    Intangible assets

    197,475

    194,459

    191,986

    191,030

    195,288

    Non-current assets

    3,536,633

    3,234,658

    3,000,308

    2,985,927

    2,917,112

    Assets

    9,934,361

    9,472,285

    9,375,653

    9,137,570

    9,427,179

    Current liabilities

    3,422,954

    3,398,977

    3,808,677

    3,158,745

    3,716,993

    Non-current liabilities

    410,483

    367,802

    342,471

    344,890

    355,199

    Liabilities

    3,833,437

    3,766,779

    4,151,148

    3,503,635

    4,072,192

    Stockholders' equity

    6,100,924

    5,705,506

    5,224,505

    5,633,935

    5,354,987

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

    Merry Electronics: Consolidated income statement, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    3,262,706

     

    3,464,156

     

    2,926,561

     

    2,662,575

     

    3,730,851

     

    Gross profit (loss) from operations

    802,843

    24.6%

    834,153

    24.1%

    728,240

    24.9%

    606,615

    22.8%

    923,684

    24.8%

    Operating expenses

    495,261

    15.2%

    379,171

    10.9%

    353,068

    12.1%

    305,656

    11.5%

    347,284

    9.3%

    Operating income (loss)

    307,582

    9.4%

    454,982

    13.1%

    375,172

    12.8%

    300,959

    11.3%

    576,400

    15.4%

    Non-operating expenses and losses

    44,121

    1.4%

    39,220

    1.1%

    197

    0%

    36,856

    1.4%

    -16,539

    -0.4%

    Income from continuing operations before income tax

    351,703

    10.8%

    494,202

    14.3%

    375,369

    12.8%

    337,815

    12.7%

    559,861

    15%

    Net income (loss)

    288,202

    8.8%

    406,598

    11.7%

    298,820

    10.2%

    284,595

    10.7%

    459,034

    12.3%

    Diluted earnings per share (NT$)

    1.5

     

    2.1

     

    1.5

     

    1.6

     

    2.6

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2015

  • Merry Electronics full profile

6-May-2015 markets closed

 LastChange

TAIEX (TSE)9820.13-24.91-0.25% 

TSE electronic378.4-1.34-0.35% 

GTSM (OTC)144.45-0.07-0.05% 

OTC electronic188.93-0.12-0.06% 

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