Taipei, Friday, November 28, 2014 00:34 (GMT+8)
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Novatek expects to see 15-20% sequential growth in 2Q14 revenues - related company info
Mavis Hong, Taipei; Steve Shen, DIGITIMES [Wednesday 30 April 2014]
  • Novatek Microelectronics
  • Performance
    The company's stock price closed at NT$170 on the TSE on Wednesday, November 26, 2014.
    The company has reported consolidated revenues of NT$5,419 million for October 2014, representing a 1.2% increase on month and 54.2% increase on year.
    For the third quarter of 2014, the company totaled NT$15,282 million in consolidated revenues, up 16.8% sequentially and up 44.5% on year.
    Brief

    Full name: Novatek Microelectronics

    Chinese name: 聯詠科技股份有限公司

    Short name: Novatek

    Stock code: 3034

    Tax ID: 84149955

    Market: TSE

    Established: 28 May 1997

    Paid in capital: NT$6.09 billion

    Listed on TSE: 26 Aug 2002

    Listed on OTC: 24 Apr 2001

    Website: www.novatek.com.tw

  • Latest stock
    Novatek [3034] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    27-Nov 3,860 2,035 669,005,428 171.00 175.00 170.50 173.00+3.00+1.76% 173.50 173.00
    26-Nov 2,562 1,399 436,085,800 171.50 172.00 169.00 170.00+0.00+0.00% 170.00 169.50
    25-Nov 2,138 1,277 363,027,930 172.00 172.00 169.00 170.00-0.50-0.29% 170.00 169.50
    24-Nov 2,347 1,619 403,800,151 174.00 175.00 170.00 170.50-2.50-1.45% 171.00 170.50
    21-Nov 4,100 2,706 701,962,399 169.00 173.00 169.00 173.00+4.00+2.37% 173.00 172.50
    20-Nov 2,803 1,834 473,752,583 168.50 170.50 168.00 169.00+0.50+0.30% 169.00 168.50
    19-Nov 4,121 2,223 698,822,401 170.00 172.50 168.00 168.50+0.00+0.00% 168.50 168.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Novatek: Consolidated revenues, Oct 2013 - Oct 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Oct-14

    5,419

    1.2%

    54.2%

    44,377

    29.2%

    Sep-14

    5,356

    4.8%

    46.8%

    38,958

    26.3%

    Aug-14

    5,112

    6.2%

    42.1%

    33,602

    23.6%

    Jul-14

    4,814

    14.1%

    44.6%

    28,490

    20.8%

    Jun-14

    4,220

    (6.1%)

    20.7%

    23,676

    16.8%

    May-14

    4,496

    3%

    17.6%

    19,456

    16%

    Apr-14

    4,367

    16.2%

    21%

    14,960

    15.6%

    Mar-14

    3,760

    13.5%

    13.9%

    10,593

    13.4%

    Feb-14

    3,313

    (5.9%)

    21.2%

    6,833

    13.2%

    Jan-14

    3,520

    (0.5%)

    6.5%

    3,520

    6.5%

    Dec-13

    3,538

    (0.6%)

    6.6%

    41,450

    11.9%

    Nov-13

    3,558

    1.3%

    (1.9%)

    37,912

    12.5%

    Oct-13

    3,514

    (3.7%)

    (6.4%)

    34,354

    14.2%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    15,282

    16.8%

    44.5%

    38,958

    26.3%

    2Q-14

    13,083

    23.5%

    19.7%

    23,676

    16.8%

    1Q-14

    10,593

    (0.2%)

    13.4%

    10,593

    13.4%

    4Q-13

    10,610

    0.4%

    (0.8%)

    41,450

    11.9%

    3Q-13

    10,574

    (3.2%)

    3.3%

    30,839

    17.1%

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

    Latest balance sheet and income statement

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

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    40,735,944

    39,992,152

    36,807,801

    33,727,347

    33,421,842

    Intangible assets

    2,043,509

    2,047,716

    2,041,744

    2,063,112

    2,073,348

    Non-current assets

    5,237,010

    5,272,686

    5,249,056

    5,268,999

    5,345,298

    Assets

    45,972,954

    45,264,838

    42,056,857

    38,996,346

    38,767,140

    Current liabilities

    19,559,561

    20,947,014

    15,873,467

    14,135,414

    15,102,737

    Non-current liabilities

    252,626

    249,127

    245,668

    242,228

    261,492

    Liabilities

    19,812,187

    21,196,141

    16,119,135

    14,377,642

    15,364,229

    Stockholders' equity

    26,160,767

    24,068,697

    25,937,722

    24,618,704

    23,402,911

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

    Novatek: 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

    Gross sales

    15,281,654

     

    13,083,176

     

    10,593,171

     

    10,610,257

     

    10,573,578

     

    Operating revenue

    15,281,654

    100%

    13,083,176

    100%

    10,593,171

    100%

    10,610,257

    100%

    10,573,578

    100%

    Gross profit (loss) from operations

    4,334,829

    28.4%

    3,775,643

    28.9%

    2,970,830

    28%

    2,902,490

    27.4%

    2,957,277

    28%

    Operating expenses

    2,033,351

    13.3%

    1,820,460

    13.9%

    1,581,562

    14.9%

    1,564,001

    14.7%

    1,559,483

    14.7%

    Operating income (loss)

    2,301,478

    15.1%

    1,955,183

    14.9%

    1,389,268

    13.1%

    1,338,489

    12.6%

    1,397,794

    13.2%

    Non-operating expenses and losses

    107,985

    0.7%

    50,807

    0.4%

    55,141

    0.5%

    87,039

    0.8%

    63,998

    0.6%

    Income from continuing operations before income tax

    2,409,463

    15.8%

    2,005,990

    15.3%

    1,444,409

    13.6%

    1,425,528

    13.4%

    1,461,792

    13.8%

    Net income (loss)

    2,087,768

    13.7%

    1,767,290

    13.5%

    1,266,946

    12%

    1,190,924

    11.2%

    1,239,346

    11.7%

    Diluted earnings per share (NT$)

    3.4

     

    2.9

     

    2.1

     

    1.9

     

    2

     

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

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27-Nov-2014 markets closed

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