Taipei, Friday, July 25, 2014 04:05 (GMT+8)
partly cloudy
Taipei
28°C
Niching sees revenues up in May - related company info
Patty Wang, Taipei; Steve Shen, DIGITIMES [Wednesday 11 June 2014]
  • Niching Industrial
  • Performance
    The company's stock price closed at NT$26.4 on the TSE on Tuesday, July 22, 2014.
    The company has reported consolidated revenues of NT$113 million for June 2014, representing a 12.6% increase on month and 84% increase on year.
    For the first quarter of 2014, the company totaled NT$224 million in consolidated revenues, up 7.9% sequentially and up 24.4% on year.
    Brief

    Full name: Niching Industrial

    Chinese name: 利機企業股份有限公司

    Short name: Niching

    Stock code: 3444

    Tax ID: 84355650

    Market: OTC

    Established: 7 May 1993

    Paid in capital: NT$391.15 million

    Listed on OTC: 26 Sep 2008

    Listed on ESB: 18 Apr 2007

    Public since: 10 Aug 2004

    Website: www.niching.com.tw

  • Latest stock
    Niching [3444] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    24-Jul 1,147 397 32,189,600 26.40 28.20 26.30 28.20+1.80+6.82% 28.20 0.00
    22-Jul 162   26.10 26.45 26.10 26.40+0.15+0.57%  
    18-Jul 605   26.50 26.60 25.85 26.20-0.55-2.06%  
    17-Jul 1,685 585 44,892,750 25.85 26.75 25.70 26.75+1.75+7.00% 26.75 0.00
    16-Jul 110 47 2,753,500 25.15 25.30 24.85 25.00-0.15-0.60% 25.00 25.20
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    113

    12.6%

    84%

    523

    40.8%

    May-14

    101

    19.6%

    45%

    409

    32.2%

    Apr-14

    84

    (6.5%)

    40.9%

    309

    28.5%

    Mar-14

    90

    48.8%

    58.6%

    224

    24.4%

    Feb-14

    61

    (18.1%)

    27.1%

    134

    8.8%

    Jan-14

    74

    24.7%

    (2.7%)

    74

    (2.7%)

    Dec-13

    59

    (19.9%)

    (14%)

    804

    (27%)

    Nov-13

    74

    (1.1%)

    10.9%

    745

    (27.9%)

    Oct-13

    75

    12.2%

    30.5%

    671

    (30.5%)

    Sep-13

    67

    (16.6%)

    8.7%

    596

    (34.4%)

    Aug-13

    80

    2.1%

    (17.8%)

    530

    (37.5%)

    Jul-13

    78

    26.9%

    (26.4%)

    450

    (40.1%)

    Jun-13

    62

    (11.3%)

    (45.2%)

    371

    (42.3%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    224

    7.9%

    24.4%

    224

    24.4%

    4Q-13

    208

    (7.4%)

    7.9%

    804

    (27%)

    3Q-13

    225

    17.8%

    (15.1%)

    596

    (34.4%)

    2Q-13

    191

    5.8%

    (42.4%)

    371

    (42.3%)

    1Q-13

    180

    (6.5%)

    (42.3%)

    180

    (42.3%)

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

    Latest balance sheet and income statement

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

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    496,757

    592,515

    587,847

    613,111

    563,242

    Intangible assets

    42

    67

    67

    67

    67

    Non-current assets

    281,505

    160,973

    161,524

    154,100

    152,665

    Assets

    778,262

    753,488

    749,371

    767,211

    715,907

    Current liabilities

    219,069

    205,682

    217,702

    245,218

    161,591

    Non-current liabilities

    9,249

    7,845

    6,627

    6,671

    6,667

    Liabilities

    228,318

    213,527

    224,329

    251,889

    168,258

    Stockholders' equity

    549,944

    539,961

    525,042

    515,322

    547,649

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

    Niching: 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

    211,482

     

    185,689

     

    213,761

     

    183,811

     

    173,707

     

    Operating revenue

    224,493

    106.2%

    208,154

    112.1%

    224,881

    105.2%

    190,955

    103.9%

    180,418

    103.9%

    Gross profit (loss) from operations

    38,909

    18.4%

    35,868

    19.3%

    36,731

    17.2%

    29,720

    16.2%

    26,654

    15.3%

    Operating expenses

    32,662

    15.4%

    25,686

    13.8%

    29,569

    13.8%

    30,681

    16.7%

    27,680

    15.9%

    Operating income (loss)

    6,247

    3%

    10,182

    5.5%

    7,162

    3.4%

    -961

    -0.5%

    -1,026

    -0.6%

    Non-operating expenses and losses

    4,806

    2.3%

    4,177

    2.2%

    4,155

    1.9%

    3,915

    2.1%

    5,172

    3%

    Income from continuing operations before income tax

    11,053

    5.2%

    14,359

    7.7%

    11,317

    5.3%

    2,954

    1.6%

    4,146

    2.4%

    Net income (loss)

    9,207

    4.4%

    12,823

    6.9%

    10,599

    5%

    1,784

    1%

    3,156

    1.8%

    Diluted earnings per share (NT$)

    0.2

     

    0.3

     

    0.3

     

    0.1

     

    0.1

     

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

  • Niching Industrial full profile
Realtime news
  • Google to incorporate NFC functionality into Android

    Mobile + telecom | 6h 27min ago

  • TPCA urges Taiwan government to upgrade PCB industry

    Bits + chips | 6h 39min ago

  • TSMC to offer more wafer starts to MediaTek in 3Q14

    Bits + chips | 8h 35min ago

  • TPK sees 2Q14 gross margin drop sequentially

    Before Going to Press | 7h 15min ago

  • O-film Tech to acquire Shenzhen Temobi Science & Tech

    Before Going to Press | 7h 17min ago

  • PCB maker Apex completes capital expansion

    Before Going to Press | 7h 30min ago

  • Handset solution vendors may roll out 10-core CPUs in 2015

    Before Going to Press | 7h 41min ago

  • TPK posts 1H14 net EPS of NT$1.37

    Before Going to Press | 7h 41min ago

  • China market: Mainstream pricing for smart wireless routers stands at CNY100-200

    Before Going to Press | 7h 42min ago

  • More IC vendors to engage in merger or acquisition deals

    Before Going to Press | 7h 44min ago

  • Intel to launch Core M for use in notebook/tablet 2-in-1 models in 4Q14

    Before Going to Press | 7h 44min ago

  • Notebook thermal module makers eye business opportunities from electric vehicles

    Before Going to Press | 8h 53min ago

  • Career expects sales to peak in 4Q14

    Before Going to Press | 8h 54min ago

  • Acer sees booming sales of Chromebooks, says CEO

    Before Going to Press | 9h 2min ago

  • China PV module makers expected to ask Taiwan solar cell makers to offer incentives

    Before Going to Press | 9h 15min ago

  • LG launches cloud-based monitors

    Before Going to Press | 9h 16min ago

  • AUO able to produce 42- to 75-inch WCG curved Ultra HD TV panels

    Before Going to Press | 9h 18min ago

  • Touch Taiwan 2014 to take place in late August

    Before Going to Press | 9h 19min ago

  • Global Ultra HD TV penetration to reach at least 6-8% in 2014

    Before Going to Press | 9h 19min ago

  • Digitimes Research: Japan promoting service robots

    Before Going to Press | 9h 20min ago

  • Small- to medium-size China smartphone component makers under pressure of being forced out in 2H14

    Before Going to Press | 9h 21min ago

Pause
 | 
View more

21-Jul-2014 markets closed

 LastChange

TAIEX (TSE)9400.97-7.27-0.08% 

TSE electronic370.47-0.65-0.18% 

GTSM (OTC)147.84-0.32-0.22% 

OTC electronic182.98-1.06-0.58% 

DIGITIMES Translation Services
DIGITIMES Marketing Services
2014 global smartphone market forecast
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.