Taipei, Tuesday, July 29, 2014 07:18 (GMT+8)
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ECS sees dramatic profit growth in 2013 - related company info
Monica Chen, Taipei; Joseph Tsai, DIGITIMES [Tuesday 24 June 2014]
  • Elitegroup Computer Systems
  • Performance
    The company's stock price closed at NT$21.8 on the TSE on Friday, July 25, 2014.
    The company has reported consolidated revenues of NT$6,554 million for June 2014, representing a 32.3% increase on month and 19.5% increase on year.
    For the first quarter of 2014, the company totaled NT$12,348 million in consolidated revenues, down 28% sequentially and down 12.1% on year.
    Brief

    Full name: Elitegroup Computer Systems

    Chinese name: 精英電腦股份有限公司

    Short name: ECS

    Arconym: ECS

    Stock code: 2331

    Tax ID: 22449566

    Market: TSE

    Established: 6 May 1987

    Paid in capital: NT$7.34 billion

    Listed on TSE: 21 Sep 1994

    Public since: 13 Jun 1991

    Website: www.ecs.com.tw

  • On display
  • Latest stock
    ECS [2331] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    28-Jul 2,557 857 55,628,055 21.65 21.90 21.60 21.70-0.10-0.46% 21.75 21.70
    25-Jul 5,980 1,703 130,118,096 21.45 22.00 21.35 21.80+0.40+1.87% 21.80 21.75
    24-Jul 2,838 1,546 60,970,537 21.20 21.65 21.15 21.40+0.25+1.18% 21.45 21.40
    22-Jul 2,100 1,096 44,581,177 21.20 21.30 21.15 21.15-0.05-0.24% 21.20 21.15
    21-Jul 2,703 934 57,883,745 21.50 21.70 21.20 21.20-0.25-1.17% 21.20 21.15
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    6,554

    32.3%

    19.5%

    28,118

    (4.8%)

    May-14

    4,955

    15.6%

    (0.2%)

    21,565

    (10.4%)

    Apr-14

    4,288

    (11.7%)

    (16.7%)

    16,609

    (13%)

    Mar-14

    4,859

    53.4%

    (11.1%)

    12,321

    (11.7%)

    Feb-14

    3,167

    (26.3%)

    1.8%

    7,462

    (12.1%)

    Jan-14

    4,295

    (26.9%)

    (20.1%)

    4,295

    (20.1%)

    Dec-13

    5,872

    0.8%

    (7.6%)

    63,140

    (5.4%)

    Nov-13

    5,828

    8.9%

    17.2%

    57,268

    (5.1%)

    Oct-13

    5,349

    0.9%

    (5.3%)

    51,440

    (7.1%)

    Sep-13

    5,303

    (7.5%)

    (23.8%)

    46,091

    (7.3%)

    Aug-13

    5,733

    4.1%

    6.9%

    40,788

    (4.7%)

    Jul-13

    5,507

    0.5%

    8%

    35,056

    (6.3%)

    Jun-13

    5,482

    10.4%

    (5.9%)

    29,549

    (8.6%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    12,348

    (28%)

    (12.1%)

    12,348

    (12.1%)

    4Q-13

    17,140

    3.2%

    0.4%

    63,442

    (5.2%)

    3Q-13

    16,610

    6.2%

    (4.8%)

    46,302

    (7.2%)

    2Q-13

    15,646

    11.4%

    (9%)

    29,693

    (8.4%)

    1Q-13

    14,046

    (17.8%)

    (7.8%)

    14,046

    (7.8%)

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

    Latest balance sheet and income statement

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

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    25,057,069

    26,617,279

    23,539,918

    24,048,209

    23,695,807

    Intangible assets

    629,600

    628,922

    879,878

    890,276

    891,886

    Non-current assets

    8,180,209

    8,133,757

    11,239,229

    11,420,674

    11,674,870

    Assets

    33,237,278

    34,751,036

    34,779,147

    35,468,883

    35,370,677

    Current liabilities

    13,659,578

    15,729,741

    19,045,331

    20,060,976

    15,336,808

    Non-current liabilities

    628,614

    634,990

    49,349

    83,047

    84,495

    Liabilities

    14,288,192

    16,364,731

    19,094,680

    20,144,023

    15,421,303

    Stockholders' equity

    18,949,086

    18,386,305

    15,684,467

    15,324,860

    19,949,374

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

    ECS: 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

    12,348,418

     

    17,139,703

     

    16,609,540

     

    15,646,257

     

    14,046,403

     

    Operating revenue

    12,348,418

    100%

    17,139,703

    100%

    16,609,540

    100%

    15,646,257

    100%

    14,046,403

    100%

    Gross profit (loss) from operations

    1,228,241

    9.9%

    1,541,269

    9%

    1,555,094

    9.4%

    1,401,116

    9%

    1,166,652

    8.3%

    Operating expenses

    957,226

    7.8%

    1,411,750

    8.2%

    1,129,048

    6.8%

    1,070,902

    6.8%

    918,629

    6.5%

    Operating income (loss)

    271,015

    2.2%

    129,519

    0.8%

    426,046

    2.6%

    330,214

    2.1%

    248,023

    1.8%

    Non-operating expenses and losses

    99,625

    0.8%

    2,620,581

    15.3%

    77,065

    0.5%

    134,025

    0.9%

    64,242

    0.5%

    Income from continuing operations before income tax

    370,640

    3%

    2,750,100

    16%

    503,111

    3%

    464,239

    3%

    312,265

    2.2%

    Net income (loss)

    285,248

    2.3%

    2,511,998

    14.7%

    433,105

    2.6%

    344,844

    2.2%

    219,037

    1.6%

    Diluted earnings per share (NT$)

    0.4

     

    2.5

     

    0.4

     

    0.3

     

    0.2

     

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

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