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Motech sees decreased orders in the wake of US anti-subsidy tax - related company info
Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Thursday 26 June 2014]
  • Motech Industries
  • Performance
    The company's stock price closed at NT$32.3 on the TSE on Tuesday, June 28, 2016.
    The company has reported consolidated revenues of NT$2,968 million for May 2016, representing a 2.7% drop on month and 79.1% increase on year.
    For the first quarter of 2016, the company totaled NT$9,620 million in consolidated revenues, up 15.5% sequentially and up 129.8% on year.
    Brief

    Full name: Motech Industries

    Chinese name: 茂迪股份有限公司

    Short name: Motech

    Stock code: 6244

    Tax ID: 20889546

    Market: OTC

    Established: 3 Jun 1981

    Paid in capital: NT$4.87 billion

    Listed on OTC: 15 May 2003

    Listed on ESB: 18 Nov 2002

    Public since: 17 Jul 2001

    Website: www.motech.com.tw

  • Latest stock
    Motech [6244] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    29-Jun 3,654 1,690 118,465,500 32.60 32.65 32.15 32.60+0.30+0.93% 32.60 32.65
    28-Jun 3,453 1,622 111,029,150 31.85 32.35 31.80 32.30+0.40+1.25% 32.30 32.35
    27-Jun 2,862 1,422 91,167,250 31.70 32.05 31.60 31.90+0.30+0.95% 31.85 31.90
    24-Jun 8,843 4,227 283,450,000 33.20 33.20 31.15 31.60-1.40-4.24% 31.60 31.65
    23-Jun 10,457 4,479 349,833,250 33.50 34.05 32.90 33.00-0.30-0.90% 32.95 33.00
    22-Jun 9,516 4,535 317,113,200 32.45 33.70 32.40 33.30+0.90+2.78% 33.30 33.35
    21-Jun 3,325 1,745 108,403,850 32.70 32.80 32.40 32.40+0.05+0.15% 32.40 32.45
    • Source: TSE, compiled by Digitimes
    Latest sales

    Motech: Consolidated revenues, May 2015 - May 2016 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-16

    2,968

    (2.7%)

    79.1%

    15,639

    117.5%

    Apr-16

    3,051

    (5.9%)

    126.6%

    12,671

    129%

    Mar-16

    3,243

    2.4%

    195.9%

    9,620

    129.8%

    Feb-16

    3,166

    (1.4%)

    129.2%

    6,378

    106.3%

    Jan-16

    3,211

    9.2%

    87.8%

    3,211

    87.8%

    Dec-15

    2,941

    4.8%

    95.1%

    24,754

    23.9%

    Nov-15

    2,805

    8.6%

    55.4%

    21,813

    18.1%

    Oct-15

    2,584

    1.8%

    66.7%

    19,008

    14.1%

    Sep-15

    2,539

    11.8%

    63.6%

    16,423

    8.7%

    Aug-15

    2,272

    (0.6%)

    103.5%

    13,884

    2.4%

    Jul-15

    2,286

    7.1%

    91.2%

    11,612

    (6.7%)

    Jun-15

    2,136

    28.9%

    42%

    9,326

    (17.1%)

    May-15

    1,657

    23%

    (9%)

    7,190

    (26.2%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2016

    Motech: Consolidated revenues, 1Q15 - 1Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-16

    9,620

    15.5%

    129.8%

    9,620

    129.8%

    4Q-15

    8,331

    17.4%

    71.3%

    24,754

    23.9%

    3Q-15

    7,098

    38.1%

    83.7%

    16,423

    8.7%

    2Q-15

    5,139

    22.7%

    (2.5%)

    9,326

    (17.1%)

    1Q-15

    4,187

    (13.9%)

    (30%)

    4,187

    (30%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2016

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 1Q15 - 1Q16 (NT$k)

    Item

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    Current assets

    21,416,094

    19,689,978

    17,803,142

    18,567,712

    14,392,452

    Intangible assets

    595,801

    604,899

    663,586

    670,995

    62,798

    Non-current assets

    13,235,227

    13,794,805

    14,440,578

    14,693,376

    10,847,574

    Assets

    34,651,321

    33,484,783

    32,243,720

    33,261,088

    25,240,026

    Current liabilities

    14,401,053

    13,119,085

    11,835,690

    17,676,503

    12,490,064

    Non-current liabilities

    4,939,127

    5,842,895

    6,544,274

    1,947,343

    157,737

    Liabilities

    19,340,180

    18,961,980

    18,379,964

    19,623,846

    12,647,801

    Stockholders' equity

    15,311,141

    14,522,803

    13,863,756

    13,637,242

    12,592,225

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2016

    Motech: Consolidated income statement, 1Q15 - 1Q16 (NT$k)

    Item

    1Q-2016

    4Q-2015

    3Q-2015

    2Q-2015

    1Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    9,620,161

     

    8,330,757

     

    7,097,505

     

    5,138,644

     

    4,187,249

     

    Operating revenue

    9,620,161

    100%

    8,330,757

    100%

    7,097,505

    100%

    5,138,644

    100%

    4,187,249

    100%

    Gross profit (loss) from operations

    1,384,117

    14.4%

    1,162,671

    14%

    515,906

    7.3%

    89,915

    1.7%

    -121,696

    -2.9%

    Operating expenses

    418,595

    4.4%

    433,786

    5.2%

    381,967

    5.4%

    379,008

    7.4%

    315,427

    7.5%

    Operating income (loss)

    965,522

    10%

    728,885

    8.7%

    133,939

    1.9%

    -289,093

    -5.6%

    -437,123

    -10.4%

    Non-operating expenses and losses

    -10,029

    -0.1%

    -265,708

    -3.2%

    -5,731

    -0.1%

    -10,418

    -0.2%

    -26,134

    -0.6%

    Income from continuing operations before income tax

    955,493

    9.9%

    463,177

    5.6%

    128,208

    1.8%

    -299,511

    -5.8%

    -463,257

    -11.1%

    Net income (loss)

    825,151

    8.6%

    363,414

    4.4%

    44,061

    0.6%

    -549,322

    -10.7%

    -487,839

    -11.7%

    Diluted earnings per share (NT$)

    1.7

     

    0.8

     

    0.2

     

    -1.2

     

    -1.1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2016

  • Motech Industries full profile
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29-Jun-2016 markets closed

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TAIEX (TSE)8505.51+46.64+0.55% 

TSE electronic343.08+2.83+0.83% 

GTSM (OTC)126.7+0.95+0.76% 

OTC electronic161.43+1.46+0.91% 

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