Taipei, Friday, October 3, 2014 01:51 (GMT+8)
partly cloudy
Taipei
23°C
Coretronic to purchase factory in eastern China - related company info
Rebecca Kuo, Tainan; Adam Hwang, DIGITIMES [Monday 16 June 2014]
  • Coretronic
  • Performance
    The company's stock price closed at NT$49.75 on the TSE on Wednesday, October 1, 2014.
    The company has reported consolidated revenues of NT$7,411 million for August 2014, representing a 2.3% increase on month and 7.8% increase on year.
    For the second quarter of 2014, the company totaled NT$21,043 million in consolidated revenues, up 10.1% sequentially and up 19.1% on year.
    Brief

    Full name: Coretronic

    Chinese name: 中強光電股份有限公司

    Short name: Coretronic

    Stock code: 5371

    Tax ID: 22099907

    Market: OTC

    Established: 30 Jun 1992

    Paid in capital: NT$5.43 billion

    Listed on OTC: 20 Jan 1999

    Public since: 15 Apr 1997

    Website: www.coretronic.com

  • Latest stock
    Coretronic [5371] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    2-Oct 2,987 1,359 149,454,250 49.60 50.80 49.35 49.95+0.20+0.40% 49.90 49.95
    1-Oct 2,234 1,322 111,139,800 48.80 50.00 48.80 49.75+0.75+1.53% 49.70 49.75
    30-Sep 3,537 1,775 171,584,500 48.50 49.20 47.70 49.00+1.00+2.08% 48.95 49.00
    29-Sep 2,195 1,025 104,892,650 47.75 48.20 47.20 48.00+0.20+0.42% 47.90 48.00
    26-Sep 3,180 1,443 148,478,350 47.30 47.80 46.10 47.80+0.15+0.31% 47.00 47.80
    25-Sep 2,350 1,458 112,662,450 49.40 49.40 47.00 47.65-1.10-2.26% 47.60 47.65
    24-Sep 2,384 1,411 116,108,250 48.10 49.40 48.10 48.75+0.95+1.99% 48.70 48.75
    • Source: TSE, compiled by Digitimes
    Latest sales

    Coretronic: Consolidated revenues, Aug 2013 - Aug 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-14

    7,411

    2.3%

    7.8%

    54,802

    19.6%

    Jul-14

    7,242

    0.9%

    12.5%

    47,391

    18.8%

    Jun-14

    7,178

    2.1%

    18.5%

    40,149

    20%

    May-14

    7,033

    2.9%

    17.3%

    32,971

    20.4%

    Apr-14

    6,832

    6.5%

    21%

    25,938

    21.2%

    Mar-14

    6,416

    7.6%

    14.2%

    19,106

    21.3%

    Feb-14

    5,966

    (11.3%)

    31.4%

    12,690

    25.3%

    Jan-14

    6,724

    (2.2%)

    20.4%

    6,724

    20.4%

    Dec-13

    6,875

    (2.1%)

    21.5%

    72,749

    7.6%

    Nov-13

    7,022

    6.5%

    27.6%

    65,874

    6.3%

    Oct-13

    6,594

    2.5%

    21.9%

    58,852

    4.2%

    Sep-13

    6,437

    8.4%

    16.6%

    52,258

    2.4%

    Aug-13

    5,938

    (7.7%)

    6.8%

    45,821

    (97.9%)

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

    Coretronic: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    21,043

    10.1%

    19.1%

    40,149

    20.2%

    1Q-14

    19,106

    (6.8%)

    21.3%

    19,106

    21.3%

    4Q-13

    20,491

    8.8%

    23.7%

    72,749

    7.6%

    3Q-13

    18,843

    6.7%

    13.5%

    52,258

    2.4%

    2Q-13

    17,667

    12.2%

    (1.7%)

    33,415

    (3%)

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

    Latest balance sheet and income statement

    Coretronic: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    49,068,438

    47,435,959

    46,998,101

    44,083,369

    39,529,881

    Intangible assets

    463,713

    469,895

    475,084

    662,283

    659,697

    Non-current assets

    10,679,427

    10,990,627

    11,109,489

    11,322,095

    11,496,721

    Assets

    59,747,865

    58,426,586

    58,107,590

    55,405,464

    51,026,602

    Current liabilities

    33,845,514

    32,587,863

    32,929,021

    30,880,316

    26,880,030

    Non-current liabilities

    453,513

    738,743

    644,283

    985,409

    947,150

    Liabilities

    34,299,027

    33,326,606

    33,573,304

    31,865,725

    27,827,180

    Stockholders' equity

    25,448,838

    25,099,980

    24,534,286

    23,539,739

    23,199,422

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

    Coretronic: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    21,042,693

     

    19,106,359

     

    20,491,461

     

    18,842,966

     

    17,667,435

     

    Gross profit (loss) from operations

    2,956,860

     

    2,643,398

     

    3,135,859

     

    2,558,089

     

    2,491,339

     

    Operating expenses

    1,945,158

     

    1,961,283

     

    2,105,194

     

    1,915,163

     

    2,013,613

     

    Operating income (loss)

    1,011,702

     

    682,115

     

    1,030,665

     

    642,926

     

    477,726

     

    Non-operating expenses and losses

    197,386

     

    -10,473

     

    -65,702

     

    79,929

     

    116,785

     

    Income from continuing operations before income tax

    1,209,088

     

    671,642

     

    964,963

     

    722,855

     

    594,511

     

    Net income (loss)

    850,864

     

    475,482

     

    732,195

     

    513,206

     

    385,877

     

    Diluted earnings per share (NT$)

    1.1

     

    0.6

     

    1.1

     

    0.6

     

    0.5

     

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

  • Coretronic full profile

Categories: Display components Displays

Tags: China Coretronic

Companies: Coretronic

Realtime news
  • Tablet vendors likely to start releasing new 12-inch lineups

    Before Going to Press | 4h 5min ago

  • Tablet shipments continue to drop due to pressure from notebooks, large-size smartphones

    Before Going to Press | 4h 27min ago

  • Wearables panel market to reach US$22.7 billion in 2023

    Before Going to Press | 4h 33min ago

  • LED wide-viewing angle monitors reach penetration rate of 30% in 3Q14

    Before Going to Press | 4h 38min ago

  • Production of LCD TVs is expected to be up 15% on year in October 2014

    Before Going to Press | 4h 42min ago

  • Digitimes Research: Telecom reform policies pave way for healthy telecom development in India

    Before Going to Press | 4h 43min ago

  • Danen Technology September revenues up

    Before Going to Press | 4h 45min ago

  • Solartech Energy sees slight increase in September revenues

    Before Going to Press | 4h 46min ago

  • Foxconn scores points in data center server business

    Before Going to Press | 4h 46min ago

  • Taiwan market: Asustek sells over 1 million ZenFone smartphones

    Before Going to Press | 4h 47min ago

  • Intel, AMD to offer new tablet platforms in 2015

    Before Going to Press | 4h 48min ago

  • Compal Electronics to become largest shareholder of Avalue Technology

    Before Going to Press | 4h 50min ago

  • Global average retail price of LED lamps drops in September

    Before Going to Press | 4h 50min ago

  • Acer focuses BYOC on B2B

    Before Going to Press | 4h 50min ago

  • AUO to hold the largest market share for 65-inch Ultra HD TV panel shipments in 2014

    Before Going to Press | 4h 51min ago

Pause
 | 
View more

2-Oct-2014 markets closed

 LastChange

TAIEX (TSE)8990.26+23.34+0.26% 

TSE electronic351.38+2.63+0.75% 

GTSM (OTC)139.24+0.70+0.51% 

OTC electronic175.95+1.14+0.65% 

Demand and supply trends in the global sapphire industry, 2014-2015
DIGITIMES Marketing Services
Greater China touch panel shipment forecast through 2015
  • LCD TV overview - Jun 2011

    Growth of the global LCD TV market was not as strong as expected in 2010 as the market continued to feel the aftershocks of the economic recession that had hit...

  • A glimpse into the e-book reader market - May 2010

    In 2008, worldwide e-book reader shipments totaled only 700,000 units, according to Digitimes Research. But demand exploded in 2009 as consumer interests grew...

  • Overview of LCD TV market - May 2010

    When the economic recession hit at the end of 2008, the LCD TV market seemed to be heading toward a doomsday scenario in 2009; however, demand turned out to be...

  • Large-size LCD panel overview - Jun 2007

    Global large-size LCD panel market revenues are expected to increase at a compound annual growth rate (CAGR) of 12.5% to US$96.2 billion by 2011, up from US$53.5...

  • 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.