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Young Fast reports 33.45% decline in revenues for June 2014 - related company info
Sammi Huang, Taipei; Alex Wolfgram, DIGITIMES [Wednesday 9 July 2014]
  • Young Fast Optoelectronics Co
  • Performance
    The company's stock price closed at NT$28.1 on the TSE on Thursday, July 31, 2014.
    The company has reported consolidated revenues of NT$372 million for June 2014, representing a 37.5% drop on month and 33.5% drop on year.
    For the first quarter of 2014, the company totaled NT$1,400 million in consolidated revenues, up 6.2% sequentially and down 50.8% on year.
    Brief

    Full name: Young Fast Optoelectronics Co

    Chinese name: 洋華光電股份有限公司

    Short name: YFO

    Stock code: 3622

    Tax ID: 80260061

    Market: TSE

    Established: 30 Jul 2002

    Paid in capital: NT$1.51 billion

    Listed on ESB: 28 Mar 2008

    Public since: 6 Mar 2008

    Website: www.yfo.com.tw

  • Latest stock
    YFO [3622] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    1-Aug 548 313 15,258,654 27.80 28.00 27.75 28.00-0.10-0.36% 28.00 27.95
    31-Jul 498 296 14,029,421 28.00 28.50 28.00 28.10-0.40-1.40% 28.20 28.10
    30-Jul 328 239 9,319,482 28.40 28.55 28.35 28.50+0.10+0.35% 28.50 28.45
    29-Jul 727 427 20,836,552 29.00 29.10 28.20 28.40-0.50-1.73% 28.45 28.40
    28-Jul 476 305 13,813,628 29.10 29.25 28.85 28.90-0.20-0.69% 28.95 28.90
    25-Jul 460 278 13,433,887 29.40 29.45 29.05 29.10-0.20-0.68% 29.25 29.10
    24-Jul 410 253 12,019,973 29.20 29.45 29.20 29.30+0.10+0.34% 29.30 29.25
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jun-14

    372

    (37.5%)

    (33.5%)

    3,072

    (36.1%)

    May-14

    595

    (15.7%)

    (14.1%)

    2,700

    (36.5%)

    Apr-14

    706

    17.2%

    (0.9%)

    2,106

    (40.9%)

    Mar-14

    602

    61.7%

    (41.7%)

    1,400

    (50.8%)

    Feb-14

    372

    (12.6%)

    (40.1%)

    798

    (56%)

    Jan-14

    426

    21.3%

    (64.3%)

    426

    (64.3%)

    Dec-13

    351

    (23.3%)

    (69.2%)

    8,269

    (36.9%)

    Nov-13

    458

    (10.3%)

    (69.5%)

    7,917

    (33.9%)

    Oct-13

    510

    (27.9%)

    (70%)

    7,460

    (28.8%)

    Sep-13

    707

    (0.4%)

    (47.6%)

    6,950

    (20.8%)

    Aug-13

    710

    (1.7%)

    (50.9%)

    6,243

    (16%)

    Jul-13

    722

    29.3%

    (37.7%)

    5,533

    (7.5%)

    Jun-13

    559

    (19.3%)

    (27.1%)

    4,811

    (0.3%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-14

    1,400

    6.2%

    (50.8%)

    1,400

    (50.8%)

    4Q-13

    1,318

    (38.4%)

    (69.5%)

    8,270

    (36.9%)

    3Q-13

    2,140

    9%

    (45.9%)

    6,952

    (20.8%)

    2Q-13

    1,964

    (31%)

    (14.1%)

    4,812

    (0.3%)

    1Q-13

    2,848

    (34.1%)

    12.1%

    2,848

    12.1%

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

    Latest balance sheet and income statement

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

    Item

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    1Q-2013

    Current assets

    4,302,566

    4,163,750

    5,163,074

    5,488,627

    5,991,806

    Non-current assets

    5,906,472

    6,068,961

    6,975,111

    7,127,035

    7,011,733

    Assets

    10,209,038

    10,232,711

    12,138,185

    12,615,662

    13,003,539

    Current liabilities

    1,848,006

    1,702,027

    2,351,085

    2,469,084

    2,633,914

    Non-current liabilities

    74,207

    77,822

    78,815

    82,979

    82,782

    Liabilities

    1,922,213

    1,779,849

    2,429,900

    2,552,063

    2,716,696

    Stockholders' equity

    8,286,825

    8,452,862

    9,708,285

    10,063,599

    10,286,843

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

    YFO: 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

    Operating revenue

    1,399,941

     

    1,318,030

     

    2,139,833

     

    1,963,841

     

    2,847,971

     

    Gross profit (loss) from operations

    24,413

     

    -63,538

     

    16,487

     

    229,825

     

    380,178

     

    Operating expenses

    228,608

     

    360,008

     

    266,943

     

    321,393

     

    262,108

     

    Operating income (loss)

    -204,195

     

    -423,546

     

    -250,456

     

    -91,568

     

    118,070

     

    Non-operating expenses and losses

    -12,212

     

    -904,863

     

    -56,321

     

    54,160

     

    103,056

     

    Income from continuing operations before income tax

    -216,407

     

    -1,328,409

     

    -306,777

     

    -37,408

     

    221,126

     

    Net income (loss)

    -214,082

     

    -1,310,152

     

    -299,283

     

    -201,640

     

    175,199

     

    Diluted earnings per share (NT$)

    0

     

     

     

     

     

     

     

    1.2

     

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

1-Aug-2014 markets closed

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TAIEX (TSE)9315.85-131.17-1.39% 

TSE electronic359.81-6.42-1.75% 

GTSM (OTC)144.44+0.16+0.11% 

OTC electronic179.92+0.63+0.35% 

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