Taipei, Thursday, October 2, 2014 04:22 (GMT+8)
mostly cloudy
Taipei
25°C
Novatek looks strong sequential revenue growth in 2Q14 - related company info
Mavis Hong, Taipei; Steve Shen, DIGITIMES [Wednesday 7 May 2014]
  • Novatek Microelectronics
  • Performance
    The company's stock price closed at NT$150.5 on the TSE on Tuesday, September 30, 2014.
    The company has reported consolidated revenues of NT$5,112 million for August 2014, representing a 6.2% increase on month and 42.1% increase on year.
    For the second quarter of 2014, the company totaled NT$13,083 million in consolidated revenues, up 23.5% sequentially and up 19.7% 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
    1-Oct 2,646 1,652 395,264,609 148.00 152.00 147.50 148.00-2.50-1.66% 148.50 148.00
    30-Sep 1,786 1,204 265,256,211 147.50 150.50 146.50 150.50+4.00+2.73% 150.50 150.00
    29-Sep 2,008 1,321 294,909,626 147.00 147.50 146.00 146.50-1.00-0.68% 147.00 146.50
    26-Sep 2,198 1,565 321,431,193 146.50 147.50 145.00 147.50-0.50-0.34% 147.50 147.00
    25-Sep 2,140 1,538 315,730,404 150.00 151.00 146.50 148.00-1.50-1.00% 148.00 147.50
    24-Sep 1,023 613 153,090,127 149.50 150.50 149.00 149.50-0.50-0.33% 150.00 149.50
    23-Sep 888 634 133,259,722 150.00 151.00 149.00 150.00-1.00-0.66% 150.50 149.50
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%

    Sep-13

    3,648

    1.4%

    0.9%

    30,839

    17.1%

    Aug-13

    3,597

    8.1%

    4%

    27,191

    19.7%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%

    2Q-13

    10,928

    17%

    27.5%

    20,266

    25.9%

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

    Latest balance sheet and income statement

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

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    39,992,152

    36,807,801

    33,727,347

    33,421,842

    35,687,876

    Intangible assets

    2,047,716

    2,041,744

    2,063,112

    2,073,348

    2,025,422

    Non-current assets

    5,272,686

    5,249,056

    5,268,999

    5,345,298

    5,348,199

    Assets

    45,264,838

    42,056,857

    38,996,346

    38,767,140

    41,036,075

    Current liabilities

    20,947,014

    15,873,467

    14,135,414

    15,102,737

    18,642,358

    Non-current liabilities

    249,127

    245,668

    242,228

    261,492

    258,187

    Liabilities

    21,196,141

    16,119,135

    14,377,642

    15,364,229

    18,900,545

    Stockholders' equity

    24,068,697

    25,937,722

    24,618,704

    23,402,911

    22,135,530

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

    Novatek: 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

    Gross sales

    13,083,176

     

    10,593,171

     

    10,610,257

     

    10,573,578

     

    10,927,619

     

    Operating revenue

    13,083,176

    100%

    10,593,171

    100%

    10,610,257

    100%

    10,573,578

    100%

    10,927,619

    100%

    Gross profit (loss) from operations

    3,775,643

    28.9%

    2,970,830

    28%

    2,902,490

    27.4%

    2,957,277

    28%

    3,027,592

    27.7%

    Operating expenses

    1,820,460

    13.9%

    1,581,562

    14.9%

    1,564,001

    14.7%

    1,559,483

    14.7%

    1,533,142

    14%

    Operating income (loss)

    1,955,183

    14.9%

    1,389,268

    13.1%

    1,338,489

    12.6%

    1,397,794

    13.2%

    1,494,450

    13.7%

    Non-operating expenses and losses

    50,807

    0.4%

    55,141

    0.5%

    87,039

    0.8%

    63,998

    0.6%

    49,061

    0.4%

    Income from continuing operations before income tax

    2,005,990

    15.3%

    1,444,409

    13.6%

    1,425,528

    13.4%

    1,461,792

    13.8%

    1,543,511

    14.1%

    Net income (loss)

    1,767,290

    13.5%

    1,266,946

    12%

    1,190,924

    11.2%

    1,239,346

    11.7%

    1,253,352

    11.5%

    Diluted earnings per share (NT$)

    2.9

     

    2.1

     

    1.9

     

    2

     

    2

     

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

Realtime news
  • Percentage of 5.5-inch smartphone panels shipped to China increasing

    Displays | 5h 42min ago

  • Touch panel makers see shipments for thin-film touch panels increase

    Displays | 7h 32min ago

  • Mobile payment company Alliance Digital Tech to come online by year-end 2014

    Before Going to Press | 5h 54min ago

  • Leadtek unveils wearable device for healthcare

    Before Going to Press | 5h 54min ago

  • BLU makers Forhouse, BriView complete merger

    Before Going to Press | 6h 51min ago

  • Japan Patent Office to cut examination process to 5 months

    Before Going to Press | 6h 52min ago

  • Digitimes Research: Spotify to affect Japan Internet music service industry

    Before Going to Press | 7h ago

  • iPhone 6 Plus to account for 60% of total iPhone 6 device shipments

    Before Going to Press | 7h 1min ago

  • Digitimes Research: ARM Mali to become mainstream GPU architecture for China APs in 2H14

    Before Going to Press | 7h 16min ago

  • Quanta Changshu plants preparing for Apple Watch mass production

    Before Going to Press | 7h 48min ago

  • Leadframe maker Jih Lin to post EPS of NT$3 in 2014

    Before Going to Press | 7h 58min ago

  • New Wintel platforms may impact 4Q14 PC demand

    Before Going to Press | 8h 4min ago

  • ARM to set up IoT business unit

    Before Going to Press | 8h 5min ago

  • Taiwan market: Chunghwa Telecom to launch NFC mobile payment services

    Before Going to Press | 8h 23min ago

  • Windows 10 expected to have limited effect on boosting notebook demand

    Before Going to Press | 8h 27min ago

  • Samsung to host Tizen developer conference in China

    Before Going to Press | 8h 31min ago

Pause
 | 
View more

1-Oct-2014 markets closed

 LastChange

TAIEX (TSE)8966.92+6.16+0.07% 

TSE electronic348.75-0.06-0.02% 

GTSM (OTC)138.54-0.46-0.33% 

OTC electronic174.81-0.71-0.4% 

ADVANTEST CORPORATION
DIGITIMES Marketing Services
Greater China touch panel shipment forecast through 2015
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.