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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$540 on the TSE on Wednesday, May 4, 2016.
    The company has reported consolidated revenues of NT$1,571 million for March 2016, representing a 27.4% increase on month and 62.8% increase on year.
    For the fourth quarter of 2015, the company totaled NT$4,961 million in consolidated revenues, up 10% sequentially and up 63.6% 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
    5-May 570 546 313,058,000 542.00 561.00 538.00 558.00+18.00+3.33% 558.00 559.00
    4-May 360 350 195,181,000 536.00 548.00 536.00 540.00+4.00+0.75% 539.00 541.00
    3-May 242 231 130,463,000 544.00 544.00 536.00 536.00-2.00-0.37% 536.00 538.00
    29-Apr 316 300 170,455,000 536.00 545.00 531.00 538.00-3.00-0.55% 538.00 540.00
    28-Apr 257 245 139,006,000 540.00 545.00 538.00 541.00+1.00+0.19% 541.00 542.00
    27-Apr 362 342 195,432,000 545.00 546.00 536.00 540.00-7.00-1.28% 540.00 541.00
    26-Apr 844 786 461,549,000 530.00 555.00 530.00 547.00+19.00+3.60% 547.00 548.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Gigasolar: Consolidated revenues, Mar 2015 - Mar 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Mar-16

    1,571

    27.4%

    62.8%

    4,554

    61.3%

    Feb-16

    1,233

    (29.6%)

    54.1%

    2,983

    60.6%

    Jan-16

    1,750

    1.6%

    65.5%

    1,750

    65.5%

    Dec-15

    1,723

    4.9%

    62.7%

    15,848

    62.8%

    Nov-15

    1,643

    2.2%

    63.9%

    14,125

    62.8%

    Oct-15

    1,608

    1.2%

    60.9%

    12,481

    62.7%

    Sep-15

    1,589

    7.3%

    84.3%

    10,874

    62.9%

    Aug-15

    1,481

    2.1%

    94.4%

    9,285

    59.8%

    Jul-15

    1,451

    11.3%

    76%

    7,804

    54.5%

    Jun-15

    1,304

    14.8%

    67.4%

    6,353

    50.4%

    May-15

    1,136

    4.2%

    52.4%

    5,049

    46.5%

    Apr-15

    1,090

    13%

    53.8%

    3,913

    44.9%

    Mar-15

    965

    20.6%

    53.9%

    2,823

    41.7%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-15

    4,961

    10%

    63.6%

    15,801

    63.3%

    3Q-15

    4,508

    28.2%

    85.3%

    10,840

    63.1%

    2Q-15

    3,515

    24.8%

    57.6%

    6,332

    50.3%

    1Q-15

    2,817

    (7.1%)

    42%

    2,817

    42%

    4Q-14

    3,032

    24.7%

    96%

    9,679

    99.6%

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

    Latest balance sheet and income statement

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

    Item

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    4Q-2014

    Current assets

    11,770,280

    9,316,852

    8,978,597

    7,820,849

    7,393,585

    Intangible assets

    448

    506

    563

    621

    679

    Non-current assets

    3,681,977

    3,273,828

    2,299,961

    2,326,775

    2,158,291

    Assets

    15,452,257

    12,590,680

    11,278,558

    10,147,624

    9,551,876

    Current liabilities

    5,263,838

    3,912,820

    3,683,306

    2,071,938

    1,979,370

    Non-current liabilities

    3,238,656

    2,939,281

    2,807,312

    2,772,160

    2,620,438

    Liabilities

    8,502,494

    6,852,101

    6,490,618

    4,844,098

    4,599,808

    Stockholders' equity

    6,949,763

    5,738,579

    4,787,940

    5,303,526

    4,952,068

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

    Gigasolar: 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

    Gross sales

    4,960,574

     

    0

     

     

     

    2,817,000

     

    3,032,317

     

    Operating revenue

    4,960,574

    100%

    4,507,929

     

    3,515,478

    124.8%

    2,817,000

    100%

    3,032,317

    100%

    Gross profit (loss) from operations

    1,201,342

    24.2%

    1,022,436

    22.7%

    747,220

    26.5%

    681,709

    24.2%

    623,723

    20.6%

    Operating expenses

    197,693

    4%

    175,153

    3.9%

    133,909

    4.8%

    126,596

    4.5%

    164,384

    5.4%

    Operating income (loss)

    1,003,649

    20.2%

    847,283

    18.8%

    613,311

    21.8%

    555,113

    19.7%

    459,339

    15.1%

    Non-operating expenses and losses

    -102,938

    -2.1%

    267,557

    5.9%

    -86,457

    -3.1%

    -109,753

    -3.9%

    141,377

    4.7%

    Income from continuing operations before income tax

    900,711

    18.2%

    1,114,840

    24.7%

    526,854

    18.7%

    445,360

    15.8%

    600,716

    19.8%

    Net income (loss)

    724,368

    14.6%

    927,568

    20.6%

    406,127

    14.4%

    352,082

    12.5%

    510,232

    16.8%

    Diluted earnings per share (NT$)

    11.5

     

    14.6

     

    6.5

     

    5.7

     

    8.3

     

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

  • Gigasolar materials full profile

5-May-2016 markets closed

 LastChange

TAIEX (TSE)8185.47-108.65-1.31% 

TSE electronic321.13-2.95-0.91% 

GTSM (OTC)122.97-1.04-0.84% 

OTC electronic157.16-1.59-1% 

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