PCB maker Chin-Poon to kick off production of new plant in 1Q15

PCB maker Chin-Poon to kick off production of new plant in 1Q15 - related company info

Patty Wang, Taipei; Steve Shen, DIGITIMES [Thursday 26 June 2014]

Latest stock

Chin-Poon [2355] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
25-Jul	1,274	722	73,651,084	57.80	58.10	57.40	58.10	+0.40	+0.69%	58.20	58.00
24-Jul	1,187	606	68,227,118	58.00	58.00	57.20	57.70	-0.10	-0.17%	57.80	57.70
22-Jul	754	428	43,527,975	58.00	58.10	57.50	57.80	+0.00	+0.00%	57.80	57.70
21-Jul	855	588	49,553,256	58.30	58.40	57.70	57.80	-0.20	-0.34%	57.80	57.70
18-Jul	1,272			58.00	58.30	57.70	58.00	-0.10	-0.17%
17-Jul	1,305	640	75,592,941	58.00	58.30	57.40	58.10	+0.10	+0.17%	58.10	58.00

Latest sales

Chin-Poon: Consolidated revenues, Jun 2013 - Jun 2014 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Jun-14	1,744	0.5%	18.5%	10,468	12%
May-14	1,735	(3.4%)	5.6%	8,724	10.7%
Apr-14	1,796	(3%)	6.2%	6,989	12.1%
Mar-14	1,851	17.2%	10.9%	5,193	14.3%
Feb-14	1,579	(10.4%)	26.1%	3,342	16.2%
Jan-14	1,763	5.9%	8.6%	1,763	8.6%
Dec-13	1,664	6.6%	83.6%	19,337	10.2%
Nov-13	1,561	(8.8%)	10.9%	17,673	6.2%
Oct-13	1,711	2.5%	8.4%	16,112	5.8%
Sep-13	1,670	0.1%	13.5%	14,400	5.5%
Aug-13	1,668	(2.7%)	3.4%	12,731	4.5%
Jul-13	1,713	16.4%	1.4%	11,063	4.6%
Jun-13	1,471	(10.5%)	(3.9%)	9,350	5.3%

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

Chin-Poon: Consolidated revenues, 1Q13 - 1Q14 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
1Q-14	5,196	6%	14.1%	5,196	14.1%
4Q-13	4,902	(3.1%)	25.9%	19,323	10.1%
3Q-13	5,061	5.3%	6.1%	14,421	5.6%
2Q-13	4,807	5.6%	7.3%	9,360	5.4%
1Q-13	4,552	16.9%	3.4%	4,552	3.4%

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

Latest balance sheet and income statement

Chin-Poon: Consolidated balance sheet, 1Q13 - 1Q14 (NT$k)
Item	1Q-2014	4Q-2013	3Q-2013	2Q-2013	1Q-2013
Current assets	14,335,040	14,109,558	13,437,039	13,968,637	13,727,566
Non-current assets	7,844,114	7,717,461	7,537,704	7,784,652	7,558,408
Assets	22,179,154	21,827,019	20,974,743	21,753,289	21,285,974
Current liabilities	7,319,535	7,500,554	7,161,449	8,263,925	7,392,670
Non-current liabilities	500,555	500,555	473,630	472,424	458,571
Liabilities	7,820,090	8,001,109	7,635,079	8,736,349	7,851,241
Stockholders' equity	14,359,064	13,825,910	13,339,664	13,016,940	13,434,733

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

Chin-Poon: Consolidated income statement, 1Q13 - 1Q14 (NT$k)
Item	1Q-2014		4Q-2013		3Q-2013		2Q-2013		1Q-2013
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Gross sales	5,196,260		4,902,053		5,061,107		4,807,216		4,552,417
Operating revenue	5,196,260	100%	4,902,053	100%	5,061,107	100%	4,807,216	100%	4,552,417	100%
Gross profit (loss) from operations	782,708	15.1%	680,104	13.9%	783,889	15.5%	736,229	15.3%	756,995	16.6%
Operating expenses	323,419	6.2%	291,073	5.9%	301,243	6%	310,395	6.5%	296,503	6.5%
Operating income (loss)	459,289	8.8%	389,031	7.9%	482,646	9.5%	425,834	8.9%	460,492	10.1%
Non-operating expenses and losses	174,074	3.3%	137,714	2.8%	89,334	1.8%	180,416	3.8%	104,979	2.3%
Income from continuing operations before income tax	633,363	12.2%	526,745	10.7%	571,980	11.3%	606,250	12.6%	565,471	12.4%
Net income (loss)	503,068	9.7%	429,782	8.8%	434,881	8.6%	456,026	9.5%	442,159	9.7%
Diluted earnings per share (NT$)	1.3		1.1		1.1		1.1		1.1

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

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