Taipei, Sunday, August 20, 2017 03:03 (GMT+8)
thunderstorms
Taipei
34°C
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$242 on the TSE on Thursday, August 17, 2017.
    The company has reported consolidated revenues of NT$1,577 million for July 2017, representing a 16.8% drop on month and 6.3% increase on year.
    For the second quarter of 2017, the company totaled NT$5,368 million in consolidated revenues, up 18.9% sequentially and up 46.1% 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
    18-Aug 1,960 1,476 467,520,000 239.50 240.50 235.50 240.00-2.00-0.83% 239.50 240.00
    17-Aug 2,893 2,257 697,716,500 241.00 242.50 239.00 242.00+4.50+1.89% 241.50 242.00
    16-Aug 4,420 3,306 1,051,833,500 234.50 241.50 232.50 237.50+6.00+2.59% 237.00 237.50
    15-Aug 3,083 2,119 719,309,088 236.00 237.50 230.00 231.50-0.50-0.22% 231.50 232.00
    14-Aug 3,575 2,746 848,433,376 242.50 244.00 232.00 232.00-8.50-3.53% 232.00 232.50
    11-Aug 5,167 3,632 1,210,566,340 230.00 240.50 227.00 240.50+9.00+3.89% 240.00 240.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    Merry Electronics: Consolidated revenues, Jul 2016 - Jul 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-17

    1,577

    (16.8%)

    6.3%

    11,454

    53.9%

    Jun-17

    1,895

    2.4%

    34.5%

    9,877

    65.8%

    May-17

    1,851

    14.2%

    63.6%

    7,982

    75.4%

    Apr-17

    1,621

    (13%)

    39.9%

    6,130

    79.3%

    Mar-17

    1,863

    51.8%

    114.2%

    4,510

    99.6%

    Feb-17

    1,227

    (13.5%)

    184.1%

    2,647

    90.4%

    Jan-17

    1,419

    (29%)

    48.1%

    1,419

    48.1%

    Dec-16

    1,999

    (4.4%)

    92.5%

    16,919

    38.3%

    Nov-16

    2,091

    7.4%

    75.9%

    14,920

    33.2%

    Oct-16

    1,948

    10.9%

    41.1%

    12,829

    28.2%

    Sep-16

    1,756

    4.4%

    30.1%

    10,882

    26.1%

    Aug-16

    1,682

    13.3%

    61.4%

    9,125

    25.3%

    Jul-16

    1,484

    5.3%

    60.7%

    7,444

    19.3%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Merry Electronics: Consolidated revenues, 2Q16 - 2Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-17

    5,368

    18.9%

    46.1%

    9,883

    65.7%

    1Q-17

    4,515

    (25.3%)

    97.1%

    4,515

    97.1%

    4Q-16

    6,041

    22.5%

    68%

    16,939

    38.4%

    3Q-16

    4,933

    34.2%

    48.4%

    10,898

    26.1%

    2Q-16

    3,675

    60.4%

    40.7%

    5,966

    12.2%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Latest balance sheet and income statement

    Merry Electronics: Consolidated balance sheet, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    Current assets

    10,250,208

    8,844,867

    10,557,078

    7,971,732

    7,543,789

    Intangible assets

    297,912

    306,021

    300,956

    267,381

    287,147

    Non-current assets

    6,476,737

    6,310,822

    4,803,886

    4,639,294

    4,027,471

    Assets

    16,726,945

    15,155,689

    15,360,964

    12,611,026

    11,571,260

    Current liabilities

    7,923,493

    5,818,501

    6,407,330

    4,389,368

    4,218,044

    Non-current liabilities

    542,178

    512,673

    2,008,373

    1,948,408

    1,852,968

    Liabilities

    8,465,671

    6,331,174

    8,415,703

    6,337,776

    6,071,012

    Stockholders' equity

    8,261,274

    8,824,515

    6,945,261

    6,273,250

    5,500,248

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

    Merry Electronics: Consolidated income statement, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

    4,515,000

     

    0

     

     

     

     

     

    Operating revenue

    5,368,400

    118.9%

    4,515,000

    100%

    6,040,939

     

    4,932,787

    91.9%

    3,674,999

    68.5%

    Gross profit (loss) from operations

    1,020,202

    22.6%

    888,079

    19.7%

    1,140,133

    18.9%

    1,129,114

    21%

    731,311

    13.6%

    Operating expenses

    425,829

    9.4%

    394,051

    8.7%

    430,177

    7.1%

    500,578

    9.3%

    423,656

    7.9%

    Operating income (loss)

    594,373

    13.2%

    494,028

    10.9%

    709,956

    11.8%

    628,536

    11.7%

    307,655

    5.7%

    Non-operating expenses and losses

    73,145

    1.6%

    -97,049

    -2.1%

    234,585

    3.9%

    512,097

    9.5%

    62,384

    1.2%

    Income from continuing operations before income tax

    667,518

    14.8%

    396,979

    8.8%

    944,541

    15.6%

    1,140,633

    21.2%

    370,039

    6.9%

    Net income (loss)

    540,317

    12%

    319,243

    7.1%

    736,893

    12.2%

    916,479

    17.1%

    319,380

    5.9%

    Diluted earnings per share (NT$)

    2.7

     

    1.6

     

    3.7

     

    4.7

     

    1.7

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, August 2017

  • Merry Electronics full profile

18-Aug-2017 markets closed

 LastChange

TAIEX (TSE)10321.33-48.04-0.46% 

TSE electronic437.42-2.43-0.55% 

GTSM (OTC)135.34-0.13-0.1% 

OTC electronic197.77-0.04-0.02% 

UMC
China AMOLED panel capacity expansion forecast, 2016-2020
Global notebook shipment forecast, 2017 and beyond
  • Huawei

    China-based Huawei's worldwide reach

  • HTC updates

    HTC's latest development

  • Asustek phones

    Asustek's smartphone shipments may have been disappointing in 2016, but the vendor is seeking a rebound in 2017.

  • MWC Shanghai 2017

    MWC Shanghai 2017 showcases the latest mobile terchnologies and trends.

  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Global AP demand forecast, 2017-2020

    Digitimes Research expects global AP shipments to surpass the 1.9 billion mark in 2017, with smartphones remaining the main application. Qualcomm will be leading the market in 2017, as other players continue playing catch up and scramble for funds to invest in more diverse applications.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.