Taipei, Saturday, May 28, 2016 00:12 (GMT+8)
scattered thunderstorms
Taipei
29°C
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$29.8 on the TSE on Thursday, May 26, 2016.
    The company has reported consolidated revenues of NT$48 million for April 2016, representing a 13.7% drop on month and 28.7% increase on year.
    For the fourth quarter of 2015, the company totaled NT$117 million in consolidated revenues, up 13% sequentially and down 28.7% 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$808.60 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
    27-May 36   29.70 29.95 29.50 29.95+0.15+0.50%  
    26-May 54 17 1,606,700 29.75 29.95 29.40 29.80-0.10-0.33% 29.75 29.80
    25-May 40   30.20 30.25 29.60 29.90-0.05-0.17%  
    24-May 40 36 1,193,400 29.80 30.45 29.00 29.95-0.05-0.17% 29.90 30.00
    23-May 89 69 2,609,650 28.00 30.50 27.80 30.00+1.90+6.76% 30.00 30.25
    20-May 7 7 196,700 27.90 28.20 27.90 28.10-0.10-0.35% 28.10 28.25
    19-May 64 39 1,801,800 28.55 28.55 27.95 28.20-0.30-1.05% 28.00 28.25
    • Source: TSE, compiled by Digitimes
    Latest sales

    3S: Consolidated revenues, Apr 2015 - Apr 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Apr-16

    48

    (13.7%)

    28.7%

    212

    17.5%

    Mar-16

    56

    56%

    5.8%

    164

    14.6%

    Feb-16

    36

    (50.1%)

    17.4%

    108

    19.8%

    Jan-16

    72

    41.2%

    21.1%

    72

    21.1%

    Dec-15

    51

    52.2%

    (7.7%)

    482

    (16.6%)

    Nov-15

    33

    3.7%

    (40.1%)

    431

    (17.5%)

    Oct-15

    32

    (0.1%)

    (38.5%)

    398

    (14.8%)

    Sep-15

    32

    (16.5%)

    (36.8%)

    366

    (11.9%)

    Aug-15

    39

    20.1%

    23.7%

    334

    (8.4%)

    Jul-15

    32

    (22.6%)

    11.3%

    295

    (11.4%)

    Jun-15

    42

    2.1%

    17.3%

    263

    (13.5%)

    May-15

    41

    8.6%

    12.2%

    221

    (17.6%)

    Apr-15

    38

    (29.1%)

    (39.3%)

    180

    (22.3%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2016

    3S: Consolidated revenues, 4Q14 - 4Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-15

    117

    13%

    (28.7%)

    482

    (16.6%)

    3Q-15

    103

    (14%)

    (7.3%)

    366

    (11.9%)

    2Q-15

    120

    (16.1%)

    (10.3%)

    263

    (13.5%)

    1Q-15

    143

    (12.6%)

    (16.1%)

    143

    (16.1%)

    4Q-14

    163

    46.9%

    (14.8%)

    578

    0.5%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2016

    Latest balance sheet and income statement

    3S: Consolidated balance sheet, 4Q14 - 4Q15 (NT$k)

    Item

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    Current assets

    561,876

    605,223

    457,893

    491,469

    492,147

    Intangible assets

    29,233

    23,598

    25,565

    28,266

    31,490

    Non-current assets

    271,955

    259,847

    245,007

    238,878

    201,563

    Assets

    833,831

    865,070

    702,900

    730,347

    693,710

    Current liabilities

    96,377

    93,075

    148,401

    131,327

    75,249

    Non-current liabilities

    1,852

    1,050

    0

    Liabilities

    98,229

    94,125

    148,401

    131,327

    75,249

    Stockholders' equity

    735,602

    770,945

    554,499

    599,020

    618,461

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2016

    3S: Consolidated income statement, 4Q14 - 4Q15 (NT$k)

    Item

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    116,560

     

    103,118

     

    119,863

     

    142,833

     

    163,416

     

    Gross profit (loss) from operations

    35,861

    30.8%

    22,472

    21.8%

    34,353

    28.7%

    54,618

    38.2%

    59,931

    36.7%

    Operating expenses

    75,926

    65.1%

    78,812

    76.4%

    92,547

    77.2%

    75,008

    52.5%

    65,782

    40.3%

    Operating income (loss)

    -40,065

    -34.4%

    -56,340

    -54.6%

    -58,194

    -48.6%

    -20,390

    -14.3%

    -5,851

    -3.6%

    Non-operating expenses and losses

    1,301

    1.1%

    4,635

    4.5%

    -851

    -0.7%

    949

    0.7%

    5,406

    3.3%

    Income from continuing operations before income tax

    -38,764

    -33.3%

    -51,705

    -50.1%

    -59,045

    -49.3%

    -19,441

    -13.6%

    -445

    -0.3%

    Net income (loss)

    -33,871

    -29.1%

    -51,705

    -50.1%

    -59,045

    -49.3%

    -19,441

    -13.6%

    -4,800

    -2.9%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, May 2016

  • Solid State System full profile

27-May-2016 markets closed

 LastChange

TAIEX (TSE)8394.12+49.68+0.6% 

TSE electronic334.69+3.07+0.93% 

GTSM (OTC)125.99+0.53+0.42% 

OTC electronic159.16+1.27+0.8% 

Taiwan server shipment forecast and industry analysis, 2016
Display panels for wearable devices
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.