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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$116 on the TSE on Tuesday, October 21, 2014.
    The company has reported consolidated revenues of NT$1,259 million for September 2014, representing a 10.7% increase on month and 21.3% increase on year.
    For the second quarter of 2014, the company totaled NT$2,927 million in consolidated revenues, up 9.9% sequentially and up 31.4% 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
    22-Oct 6,387   119.00 120.50 115.00 115.50-0.50-0.43%  
    21-Oct 7,137 4,871 828,609,604 113.50 118.50 113.00 116.00+3.00+2.65% 116.00 115.50
    20-Oct 8,521 4,561 949,346,560 109.00 113.00 108.00 113.00+7.00+6.60% 113.00 112.50
    17-Oct 10,022 5,755 1,095,726,984 114.50 116.00 106.00 106.00-7.50-6.61% 106.00 0.00
    16-Oct 8,504 5,555 978,208,627 117.00 119.50 112.00 113.50-5.50-4.62% 114.00 113.50
    15-Oct 4,569 3,211 552,737,033 124.00 124.50 118.00 119.00-3.50-2.86% 119.50 119.00
    14-Oct 7,421 4,877 905,062,889 123.50 127.00 118.00 122.50-1.00-0.81% 123.00 122.50
    13-Oct 5,537 3,506 688,536,619 124.00 128.00 122.50 123.50-8.00-6.08% 124.00 123.50
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%

    Oct-13

    1,132

    9%

    82.5%

    8,651

    38.8%

    Sep-13

    1,038

    (2.4%)

    77.3%

    7,519

    34%

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

    Merry Electronics: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%

    2Q-13

    2,227

    (2.3%)

    22.7%

    4,505

    15.4%

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

    Latest balance sheet and income statement

    Merry Electronics: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    6,375,345

    6,151,643

    6,510,067

    5,660,241

    5,025,839

    Intangible assets

    191,986

    191,030

    195,288

    182,589

    186,447

    Non-current assets

    3,000,308

    2,985,927

    2,917,112

    2,797,150

    2,897,295

    Assets

    9,375,653

    9,137,570

    9,427,179

    8,457,391

    7,923,134

    Current liabilities

    3,808,677

    3,158,745

    3,716,993

    3,279,710

    3,040,225

    Non-current liabilities

    342,471

    344,890

    355,199

    315,895

    304,128

    Liabilities

    4,151,148

    3,503,635

    4,072,192

    3,595,605

    3,344,353

    Stockholders' equity

    5,224,505

    5,633,935

    5,354,987

    4,861,786

    4,578,781

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

    Merry Electronics: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    2,926,561

     

    2,662,575

     

    3,730,851

     

    3,022,827

     

    2,226,549

     

    Gross profit (loss) from operations

    728,240

     

    606,615

     

    923,684

     

    690,449

     

    378,178

     

    Operating expenses

    353,068

     

    305,656

     

    347,284

     

    302,097

     

    268,792

     

    Operating income (loss)

    375,172

     

    300,959

     

    576,400

     

    388,352

     

    109,386

     

    Non-operating expenses and losses

    197

     

    36,856

     

    -16,539

     

    1,925

     

    478

     

    Income from continuing operations before income tax

    375,369

     

    337,815

     

    559,861

     

    390,277

     

    109,864

     

    Net income (loss)

    298,820

     

    284,595

     

    459,034

     

    316,161

     

    90,387

     

    Diluted earnings per share (NT$)

    1.5

     

    1.6

     

    2.6

     

    1.8

     

    0.5

     

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

  • Merry Electronics full profile
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22-Oct-2014 markets closed

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TAIEX (TSE)8654.64-8.50-0.1% 

TSE electronic340.01-0.67-0.2% 

GTSM (OTC)128.2+0.71+0.56% 

OTC electronic162.86+1.02+0.63% 

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