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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$568 on the TSE on Thursday, July 31, 2014.
    The company has reported consolidated revenues of NT$779 million for June 2014, representing a 4.5% increase on month and 137.7% increase on year.
    For the first quarter of 2014, the company totaled NT$1,983 million in consolidated revenues, up 28.2% sequentially and up 88.7% 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$507.44 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
    1-Aug 941 793 529,910,000 560.00 569.00 553.00 562.00-6.00-1.06% 562.00 563.00
    31-Jul 1,024 948 574,457,000 548.00 570.00 541.00 568.00+21.00+3.84% 566.00 568.00
    30-Jul 1,842 1,645 1,011,393,000 563.00 574.00 527.00 547.00-16.00-2.84% 547.00 550.00
    29-Jul 2,634 2,154 1,529,797,000 603.00 612.00 559.00 563.00-38.00-6.32% 563.00 564.00
    28-Jul 379 268 227,779,000 601.00 601.00 601.00 601.00-45.00-6.97% 0.00 601.00
    25-Jul 1,134 1,037 743,089,000 653.00 665.00 646.00 646.00-4.00-0.62% 646.00 648.00
    24-Jul 1,081 950 702,200,000 650.00 657.00 640.00 650.00+7.00+1.09% 650.00 651.00
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    779

    4.5%

    137.7%

    4,225

    94.6%

    May-14

    746

    5.2%

    89%

    3,446

    87%

    Apr-14

    709

    13.1%

    78.5%

    2,701

    86.4%

    Mar-14

    627

    1.9%

    81.1%

    1,992

    89.4%

    Feb-14

    615

    (17.9%)

    93.3%

    1,365

    93.5%

    Jan-14

    750

    28.7%

    93.6%

    750

    93.6%

    Dec-13

    583

    13.4%

    211%

    4,848

    39.4%

    Nov-13

    514

    14.4%

    87%

    4,266

    29.6%

    Oct-13

    449

    10.2%

    73.7%

    3,752

    24.4%

    Sep-13

    408

    11%

    128.1%

    3,303

    19.8%

    Aug-13

    367

    2.9%

    54.9%

    2,895

    12.3%

    Jul-13

    357

    8.9%

    15%

    2,528

    7.9%

    Jun-13

    328

    (17%)

    (9.1%)

    2,171

    6.9%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    1,983

    28.2%

    88.7%

    1,983

    88.7%

    4Q-13

    1,547

    36.6%

    113.7%

    4,851

    39.4%

    3Q-13

    1,132

    1.1%

    56%

    3,303

    19.9%

    2Q-13

    1,120

    6.6%

    1.9%

    2,171

    7%

    1Q-13

    1,051

    45.2%

    13.1%

    1,051

    13.1%

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

    Latest balance sheet and income statement

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

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    4,170,606

    3,283,756

    2,811,171

    3,275,942

    3,211,911

    Intangible assets

    280

    418

    597

    799

    1,020

    Non-current assets

    1,176,194

    1,562,169

    1,443,684

    718,741

    542,037

    Assets

    5,346,800

    4,845,925

    4,254,855

    3,994,683

    3,753,948

    Current liabilities

    1,351,284

    1,200,590

    902,146

    715,591

    465,255

    Non-current liabilities

    152,313

    156,272

    83,964

    85,830

    87,693

    Liabilities

    1,503,597

    1,356,862

    986,110

    801,421

    552,948

    Stockholders' equity

    3,843,203

    3,489,063

    3,268,745

    3,193,262

    3,201,000

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

    Gigasolar: 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

    1,983,294

     

    1,547,092

     

    1,132,350

     

    1,120,008

     

    1,051,097

     

    Operating revenue

    1,983,294

    100%

    1,547,092

    100%

    1,132,350

    100%

    1,120,008

    100%

    1,051,097

    100%

    Gross profit (loss) from operations

    441,500

    22.3%

    353,605

    22.9%

    285,781

    25.2%

    225,899

    20.2%

    230,057

    21.9%

    Operating expenses

    97,201

    4.9%

    108,766

    7%

    74,683

    6.6%

    79,422

    7.1%

    76,673

    7.3%

    Operating income (loss)

    344,299

    17.4%

    244,839

    15.8%

    211,098

    18.6%

    146,477

    13.1%

    153,384

    14.6%

    Non-operating expenses and losses

    62,951

    3.2%

    5,050

    0.3%

    -95,167

    -8.4%

    -3,169

    -0.3%

    51,838

    4.9%

    Income from continuing operations before income tax

    407,250

    20.5%

    249,889

    16.2%

    115,931

    10.2%

    143,308

    12.8%

    205,222

    19.5%

    Net income (loss)

    355,067

    17.9%

    218,945

    14.2%

    74,983

    6.6%

    132,388

    11.8%

    183,318

    17.4%

    Diluted earnings per share (NT$)

    7

     

    4.4

     

    1.5

     

    2.1

     

    4.2

     

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

  • Gigasolar materials full profile

1-Aug-2014 markets closed

 LastChange

TAIEX (TSE)9315.85-131.17-1.39% 

TSE electronic359.81-6.42-1.75% 

GTSM (OTC)144.44+0.16+0.11% 

OTC electronic179.92+0.63+0.35% 

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