Taipei, Tuesday, July 28, 2015 12:25 (GMT+8)
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Wah Hong expects improved performances in second, third quarters of 2014 - related company info
Rebecca Kuo, Taipei; Alex Wolfgram, DIGITIMES [Monday 23 June 2014]
  • Wah Hong Industrial
  • Performance
    The company's stock price closed at NT$17.6 on the TSE on Monday, July 27, 2015.
    The company has reported consolidated revenues of NT$700 million for June 2015, representing a 5.1% drop on month and 33.6% drop on year.
    For the first quarter of 2015, the company totaled NT$2,389 million in consolidated revenues, down 17.6% sequentially and down 15.7% on year.
    Brief

    Full name: Wah Hong Industrial

    Chinese name: 華宏新技股份有限公司

    Short name: Wah hong

    Stock code: 8240

    Tax ID: 83428825

    Market: OTC

    Established: 9 Aug 1973

    Paid in capital: NT$1.00 billion

    Listed on OTC: 23 Jun 2005

    Listed on ESB: 27 Jan 2004

    Public since: 1 Jun 2000

    Website: www.wahhong.com.tw

  • Latest stock
    Wah hong [8240] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    28-Jul 88   16.55 17.55 16.55 17.35-0.25-1.42%  
    27-Jul 220 96 3,966,400 19.10 19.10 17.55 17.60-1.80-9.28% 17.60 17.65
    24-Jul 42 28 814,300 19.20 19.45 19.20 19.40-0.15-0.77% 19.40 19.45
    23-Jul 67 41 1,319,850 20.00 20.10 19.45 19.55-0.45-2.25% 19.55 19.65
    21-Jul 42 25 834,150 19.80 20.00 19.75 20.00+0.20+1.01% 19.90 19.95
    20-Jul 46 25 918,650 20.00 20.10 19.80 19.80-0.20-1.00% 19.80 20.10
    • Source: TSE, compiled by Digitimes
    Latest sales

    Wah hong: Consolidated revenues, Jun 2014 - Jun 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-15

    700

    (5.1%)

    (33.6%)

    4,637

    (23.7%)

    May-15

    738

    (8.8%)

    (31.9%)

    3,937

    (21.6%)

    Apr-15

    809

    0.6%

    (26.1%)

    3,199

    (18.7%)

    Mar-15

    805

    18.5%

    (23.2%)

    2,389

    (15.9%)

    Feb-15

    679

    (25%)

    (18.1%)

    1,585

    (11.7%)

    Jan-15

    905

    (3%)

    (6.2%)

    905

    (6.2%)

    Dec-14

    933

    2.8%

    0.9%

    12,261

    8.4%

    Nov-14

    908

    (16%)

    (4.8%)

    11,328

    9.1%

    Oct-14

    1,081

    1.9%

    20.6%

    10,418

    10.5%

    Sep-14

    1,060

    (4.5%)

    5.6%

    9,337

    9.4%

    Aug-14

    1,110

    2%

    8.9%

    8,277

    9.9%

    Jul-14

    1,089

    3.3%

    12.1%

    7,155

    9.9%

    Jun-14

    1,055

    (2.7%)

    12.5%

    6,075

    9.7%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Wah hong: Consolidated revenues, 1Q14 - 1Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-15

    2,389

    (17.6%)

    (15.7%)

    2,389

    (15.7%)

    4Q-14

    2,898

    (11.2%)

    5.3%

    12,238

    8.4%

    3Q-14

    3,262

    0.5%

    8.9%

    9,339

    9.4%

    2Q-14

    3,244

    14.5%

    9.9%

    6,078

    9.7%

    1Q-14

    2,833

    2.9%

    9.5%

    2,833

    9.5%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Latest balance sheet and income statement

    Wah hong: Consolidated balance sheet, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    Current assets

    6,738,919

    7,619,699

    8,234,131

    8,181,427

    8,210,676

    Intangible assets

    87,985

    93,550

    104,000

    115,215

    125,647

    Non-current assets

    3,139,333

    3,193,644

    3,199,625

    3,207,741

    3,296,391

    Assets

    9,878,252

    10,813,343

    11,433,756

    11,389,168

    11,507,067

    Current liabilities

    3,326,932

    3,998,305

    4,801,923

    4,917,042

    5,121,667

    Non-current liabilities

    1,683,312

    1,907,581

    1,841,282

    1,801,128

    1,633,970

    Liabilities

    5,010,244

    5,905,886

    6,643,205

    6,718,170

    6,755,637

    Stockholders' equity

    4,868,008

    4,907,457

    4,790,551

    4,670,998

    4,751,430

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Wah hong: Consolidated income statement, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    2,389,372

     

    2,898,095

     

    3,261,882

     

    3,244,392

     

    2,833,221

     

    Operating revenue

    2,389,372

    100%

    2,898,095

    100%

    3,261,882

    100%

    3,244,392

    100%

    2,833,221

    100%

    Gross profit (loss) from operations

    245,365

    10.3%

    283,014

    9.8%

    387,468

    11.9%

    413,120

    12.7%

    351,320

    12.4%

    Operating expenses

    212,722

    8.9%

    281,587

    9.7%

    275,630

    8.5%

    254,425

    7.8%

    229,901

    8.1%

    Operating income (loss)

    32,643

    1.4%

    1,427

    0%

    111,838

    3.4%

    158,695

    4.9%

    121,419

    4.3%

    Non-operating expenses and losses

    -16,274

    -0.7%

    4,441

    0.2%

    -10,403

    -0.3%

    -45,923

    -1.4%

    -19,945

    -0.7%

    Income from continuing operations before income tax

    16,369

    0.7%

    5,868

    0.2%

    101,435

    3.1%

    112,772

    3.5%

    101,474

    3.6%

    Net income (loss)

    11,108

    0.5%

    -14,719

    -0.5%

    67,527

    2.1%

    75,562

    2.3%

    76,339

    2.7%

    Diluted earnings per share (NT$)

    0.1

     

    -0.1

     

    0.6

     

    0.7

     

    0.7

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

  • Wah Hong Industrial full profile
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28-Jul-2015 markets closed

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TAIEX (TSE)8556.68-211.18-2.41% 

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GTSM (OTC)116.14-6.07-4.97% 

OTC electronic147.71-9.09-5.8% 

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