Taipei, Friday, October 20, 2017 20:53 (GMT+8)
cloudy
Taipei
23°C
Giga Solar PV silver paste supply 30% short of demand - related company info
Nuying Huang, Hsinchu; Adam Hwang, DIGITIMES [Monday 9 June 2014]
  • Gigasolar materials
  • Performance
    The company's stock price closed at NT$282 on the TSE on Thursday, October 19, 2017.
    The company has reported consolidated revenues of NT$1,002 million for September 2017, representing a 31% increase on month and 21.2% increase on year.
    For the second quarter of 2017, the company totaled NT$2,300 million in consolidated revenues, up 3.5% sequentially and down 47.1% on year.
    Brief

    Full name: Gigasolar materials

    Chinese name: 碩禾電子材料股份有限公司

    Short name: Gigasolar

    Stock code: 3691

    Tax ID: 80433079

    Market: OTC

    Established: 11 Jul 2003

    Paid in capital: NT$608.93 million

    Listed on OTC: 18 Nov 2010

    Listed on ESB: 12 Oct 2009

    Public since: 17 Sep 2009

    Website: www.gigasolar.com.tw

  • Latest stock
    Gigasolar [3691] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    20-Oct 1,470 1,278 421,225,500 285.00 291.00 282.00 282.00+0.00+0.00% 282.00 283.00
    19-Oct 880 766 249,555,000 281.00 287.50 281.00 282.00+4.00+1.44% 281.50 282.00
    18-Oct 1,483 1,312 416,185,500 285.00 290.00 274.00 278.00+0.00+0.00% 278.00 280.00
    17-Oct 1,435 1,259 407,405,500 291.00 291.00 278.00 278.00-13.50-4.63% 278.00 278.50
    16-Oct 3,230 2,702 939,067,500 283.00 297.50 283.00 291.50+18.50+6.78% 291.50 292.00
    13-Oct 1,578 1,346 430,417,000 270.00 277.00 266.00 273.00+4.00+1.49% 273.00 273.50
    12-Oct 1,663 1,469 444,134,500 261.50 272.00 259.50 269.00+10.00+3.86% 268.50 269.00
    11-Oct 925 798 239,886,000 264.50 265.00 252.00 259.00-0.50-0.19% 258.00 259.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Gigasolar: Consolidated revenues, Sep 2016 - Sep 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Sep-17

    1,002

    31%

    21.2%

    7,070

    (41.1%)

    Aug-17

    765

    (2.6%)

    (19.8%)

    6,068

    (45.7%)

    Jul-17

    785

    6.8%

    (41.2%)

    5,303

    (48.2%)

    Jun-17

    735

    (15.1%)

    (50%)

    4,517

    (49.2%)

    May-17

    866

    29.6%

    (36.2%)

    3,782

    (49%)

    Apr-17

    668

    (16%)

    (55.7%)

    2,916

    (51.9%)

    Mar-17

    796

    32.8%

    (49.3%)

    2,248

    (50.7%)

    Feb-17

    600

    (29.6%)

    (51.4%)

    1,452

    (51.3%)

    Jan-17

    852

    (8.9%)

    (51.3%)

    852

    (51.3%)

    Dec-16

    935

    (12.4%)

    (45.7%)

    14,878

    (6.1%)

    Nov-16

    1,067

    23.1%

    (35.1%)

    13,943

    (1.3%)

    Oct-16

    867

    4.8%

    (46.1%)

    12,876

    3.2%

    Sep-16

    827

    (13.4%)

    (47.9%)

    12,009

    10.4%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-17

    2,300

    3.5%

    (47.1%)

    4,523

    (49.2%)

    1Q-17

    2,223

    (21.7%)

    (51.2%)

    2,223

    (51.2%)

    4Q-16

    2,837

    (8.4%)

    (42.8%)

    14,834

    (6.1%)

    3Q-16

    3,096

    (28.7%)

    (31.3%)

    11,997

    10.7%

    2Q-16

    4,345

    (4.6%)

    23.6%

    8,901

    40.6%

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

    Latest balance sheet and income statement

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

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    Current assets

    11,199,784

    11,428,216

    12,550,026

    14,341,485

    15,828,944

    Intangible assets

    52,959

    53,731

    54,503

    275

    333

    Non-current assets

    6,631,955

    6,176,203

    5,933,302

    5,524,403

    4,724,269

    Assets

    17,831,739

    17,604,419

    18,483,328

    19,865,888

    20,553,213

    Current liabilities

    6,364,431

    5,562,144

    6,105,993

    7,355,775

    7,398,605

    Non-current liabilities

    4,907,414

    4,575,634

    4,769,705

    4,908,269

    6,086,706

    Liabilities

    11,271,845

    10,137,778

    10,875,698

    12,264,044

    13,485,311

    Stockholders' equity

    6,559,894

    7,466,641

    7,607,630

    7,601,844

    7,067,902

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

    Gigasolar: 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

     

     

    2,222,801

     

    2,837,472

     

    0

     

     

     

    Operating revenue

    2,300,005

    103.5%

    2,222,801

    100%

    2,837,472

    100%

    3,096,211

     

    4,344,946

    188.9%

    Gross profit (loss) from operations

    302,860

    13.6%

    370,732

    16.7%

    371,955

    13.1%

    646,375

    20.9%

    949,712

    41.3%

    Operating expenses

    331,688

    14.9%

    150,605

    6.8%

    213,064

    7.5%

    174,297

    5.6%

    217,474

    9.5%

    Operating income (loss)

    -28,828

    -1.3%

    220,127

    9.9%

    158,891

    5.6%

    472,078

    15.2%

    732,238

    31.8%

    Non-operating expenses and losses

    181,124

    8.1%

    -193,456

    -8.7%

    -113,209

    -4%

    226,661

    7.3%

    -114,312

    -5%

    Income from continuing operations before income tax

    152,296

    6.9%

    26,671

    1.2%

    45,682

    1.6%

    698,739

    22.6%

    617,926

    26.9%

    Net income (loss)

    109,564

    4.9%

    25,199

    1.1%

    10,081

    0.4%

    554,345

    17.9%

    420,479

    18.3%

    Diluted earnings per share (NT$)

    1.9

     

    0.6

     

    0.6

     

    9

     

    6.8

     

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

  • Gigasolar materials full profile

20-Oct-2017 markets closed

 LastChange

TAIEX (TSE)10728.88-31.41-0.29% 

TSE electronic462.74-2.18-0.47% 

GTSM (OTC)144.77-0.10-0.07% 

OTC electronic217.69+0.04+0.02% 

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

    PV Taiwan 2017 runs from Oct 18-20 showcasing some of the latest technological developments in the industry. In Taiwan's PV sector, a wave of consolidation...

  • PV alliances

    Taiwan's PV firms are seeking to form alliances to lower prodution costs and boost competitiveness.

  • Taiwan wind power

    Taiwan is stepping up efforts developing renewable energy, such as wind power.

  • Solar wafer pricing

    Mono-Si solar wafer prices have dropped slightly due to increased supply

  • 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.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • 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.

10 days cloud