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3S to continue operating in the red in 2Q14 - related company info
Josephine Lien, Taipei; Steve Shen, DIGITIMES [Tuesday 27 May 2014]
  • Solid State System
  • Performance
    The company's stock price closed at NT$39.45 on the TSE on Wednesday, July 30, 2014.
    The company has reported consolidated revenues of NT$35 million for June 2014, representing a 2.3% drop on month and 16.7% drop on year.
    For the first quarter of 2014, the company totaled NT$170 million in consolidated revenues, down 11.3% sequentially and up 45.4% on year.
    Brief

    Full name: Solid State System

    Chinese name: 鑫創科技股份有限公司

    Short name: 3S

    Arconym: 3S

    Stock code: 3259

    Tax ID: 16766959

    Market: OTC

    Established: 26 Nov 1998

    Paid in capital: NT$702.50 million

    Listed on ESB: 8 Jan 2004

    Public since: 25 Mar 2003

    Website: www.3system.com.tw

  • Latest stock
    3S [3259] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    31-Jul 161 76 6,413,200 39.90 40.70 38.00 40.00+0.55+1.39% 40.00 40.40
    30-Jul 44 33 1,727,050 39.80 39.80 39.00 39.45-0.55-1.38% 39.00 39.30
    29-Jul 217 117 8,488,100 40.30 40.45 38.00 40.00-0.25-0.62% 38.50 40.00
    28-Jul 52 37 2,097,850 40.60 40.60 40.00 40.25-0.45-1.11% 40.00 40.30
    25-Jul 70 48 2,850,600 40.70 40.90 40.60 40.70-0.05-0.12% 40.65 40.90
    24-Jul 45 26 1,837,500 40.85 41.00 40.75 40.75+0.05+0.12% 40.75 41.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    3S: Consolidated revenues, Jun 2013 - Jun 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    35

    (2.3%)

    (16.7%)

    304

    19.3%

    May-14

    36

    (41.3%)

    1.1%

    268

    26.5%

    Apr-14

    62

    (12%)

    4.5%

    232

    31.7%

    Mar-14

    70

    58.1%

    83.8%

    170

    45.4%

    Feb-14

    44

    (19.9%)

    33.5%

    100

    26.7%

    Jan-14

    55

    (30.2%)

    21.8%

    55

    21.8%

    Dec-13

    80

    7.1%

    21.3%

    576

    (7.1%)

    Nov-13

    74

    95.3%

    28.9%

    496

    (10.4%)

    Oct-13

    38

    (16.1%)

    (25.1%)

    422

    (15%)

    Sep-13

    45

    (2.2%)

    (8%)

    384

    (13.8%)

    Aug-13

    46

    24.4%

    8.1%

    338

    (14.6%)

    Jul-13

    37

    (12.5%)

    (22.1%)

    292

    (17.3%)

    Jun-13

    43

    18.6%

    13.4%

    255

    (16.6%)

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

    3S: Consolidated revenues, 1Q13 - 1Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    170

    (11.3%)

    45.4%

    170

    45.4%

    4Q-13

    192

    48.7%

    10.3%

    576

    (7.1%)

    3Q-13

    129

    (6.3%)

    (7.9%)

    384

    (13.8%)

    2Q-13

    138

    17.5%

    (5.3%)

    255

    (16.6%)

    1Q-13

    117

    (32.7%)

    (26.8%)

    117

    (26.8%)

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

    Latest balance sheet and income statement

    3S: Consolidated balance sheet, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    599,750

    623,620

    419,727

    460,478

    517,934

    Intangible assets

    23,166

    8,965

    11,297

    10,625

    10,105

    Non-current assets

    194,826

    177,498

    194,317

    198,002

    201,377

    Assets

    794,576

    801,118

    614,044

    658,480

    719,311

    Current liabilities

    107,399

    99,439

    72,447

    91,224

    125,826

    Non-current liabilities

    0

    0

    0

    Liabilities

    107,399

    99,439

    72,447

    91,224

    125,826

    Stockholders' equity

    687,177

    701,679

    541,597

    567,256

    593,485

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

    3S: Consolidated income statement, 1Q13 - 1Q14 (NT$k)

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

     

     

    124,335

     

    137,628

     

    112,186

     

    Operating revenue

    170,193

    136.9%

    191,835

    154.3%

    128,975

    103.7%

    137,628

    100%

    117,086

    104.4%

    Gross profit (loss) from operations

    49,970

    40.2%

    76,469

    61.5%

    37,641

    30.3%

    39,714

    28.9%

    24,639

    22%

    Operating expenses

    71,443

    57.5%

    68,755

    55.3%

    64,740

    52.1%

    66,866

    48.6%

    71,330

    63.6%

    Operating income (loss)

    -21,473

    -17.3%

    7,714

    6.2%

    -27,099

    -21.8%

    -27,152

    -19.7%

    -46,691

    -41.6%

    Non-operating expenses and losses

    2,740

    2.2%

    2,676

    2.2%

    1,440

    1.2%

    923

    0.7%

    -2,148

    -1.9%

    Income from continuing operations before income tax

    -18,733

    -15.1%

    10,390

    8.4%

    -25,659

    -20.6%

    -26,229

    -19.1%

    -48,839

    -43.5%

    Net income (loss)

    -18,733

    -15.1%

    14,831

    11.9%

    -25,659

    -20.6%

    -26,229

    -19.1%

    -48,839

    -43.5%

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

  • Solid State System full profile
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31-Jul-2014 markets closed

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