Taipei, Friday, September 4, 2015 08:01 (GMT+8)
partly cloudy
Taipei
27°C
Young Optics 1H14 net profit down over 60% on year - related company info
MOPS, August 1; Adam Hwang, DIGITIMES [Friday 1 August 2014]
  • Young Optics Inc.
  • Performance
    The company's stock price closed at NT$30.3 on the TSE on Wednesday, September 2, 2015.
    The company has reported consolidated revenues of NT$341 million for July 2015, representing a 17.4% drop on month and 24% drop on year.
    For the second quarter of 2015, the company totaled NT$1,108 million in consolidated revenues, up 5.5% sequentially and down 11.9% on year.
    Brief

    Full name: Young Optics Inc.

    Chinese name: 揚明光學股份有限公司

    Short name: Young Optics

    Arconym: YOI

    Stock code: 3504

    Tax ID: 12800061

    Market: TSE

    Established: 18 Feb 2002

    Paid in capital: NT$1.14 billion

    Listed on TSE: 26 Jan 2007

    Listed on ESB: 28 Nov 2005

    Public since: 29 Sep 2005

    Website: www.youngoptics.com

  • Latest stock
    Young Optics [3504] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    3-Sep 299 224 9,242,910 30.50 31.30 30.20 31.10+0.80+2.64% 31.20 31.10
    2-Sep 170 115 5,055,000 28.80 30.30 28.80 30.30+0.40+1.34% 30.35 30.20
    1-Sep 172 133 5,144,500 30.10 30.40 29.50 29.90-0.20-0.66% 30.00 29.90
    31-Aug 169 132 5,050,900 29.70 30.20 29.20 30.10+0.40+1.35% 30.20 30.00
    28-Aug 162 132 4,812,460 29.30 30.15 29.30 29.70+0.70+2.41% 29.80 29.65
    27-Aug 303 207 8,822,041 29.00 29.60 28.60 29.00+1.00+3.57% 29.10 29.00
    26-Aug 188 133 5,243,916 28.00 28.50 27.10 28.00+0.00+0.00% 28.00 27.90
    • Source: TSE, compiled by Digitimes
    Latest sales

    Young Optics: Consolidated revenues, Jul 2014 - Jul 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Jul-15

    341

    (17.4%)

    (24%)

    2,500

    (14%)

    Jun-15

    413

    22.8%

    (13.3%)

    2,159

    (12.1%)

    May-15

    336

    (6.2%)

    (20%)

    1,746

    (11.8%)

    Apr-15

    359

    (16.1%)

    (0.4%)

    1,409

    (9.6%)

    Mar-15

    427

    54.9%

    8.9%

    1,051

    (12.4%)

    Feb-15

    276

    (20.7%)

    (26.7%)

    623

    (22.8%)

    Jan-15

    348

    (44.3%)

    (19.4%)

    348

    (19.4%)

    Dec-14

    624

    55.5%

    38.7%

    5,006

    (4.8%)

    Nov-14

    401

    17%

    22.8%

    4,382

    (8.9%)

    Oct-14

    343

    (14.2%)

    (8.7%)

    3,980

    (11.2%)

    Sep-14

    400

    20.7%

    (24.7%)

    3,637

    (11.4%)

    Aug-14

    331

    (26.2%)

    (30.9%)

    3,237

    (9.5%)

    Jul-14

    449

    (5.9%)

    16.4%

    2,906

    (6.2%)

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

    Young Optics: Consolidated revenues, 2Q14 - 2Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-15

    1,108

    5.5%

    (11.9%)

    2,159

    (12.1%)

    1Q-15

    1,051

    (23.2%)

    (12.4%)

    1,051

    (12.4%)

    4Q-14

    1,369

    16%

    18.7%

    5,006

    (4.8%)

    3Q-14

    1,180

    (6.2%)

    (15.4%)

    3,637

    (11.4%)

    2Q-14

    1,258

    4.9%

    (11.9%)

    2,457

    (9.4%)

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

    Latest balance sheet and income statement

    Young Optics: Consolidated balance sheet, 2Q14 - 2Q15 (NT$k)

    Item

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    Current assets

    2,961,280

    3,281,077

    3,460,742

    3,308,751

    3,586,348

    Intangible assets

    26,793

    26,653

    29,814

    27,178

    28,874

    Non-current assets

    2,492,053

    2,546,364

    2,593,882

    2,621,959

    2,626,744

    Assets

    5,453,333

    5,827,441

    6,054,624

    5,930,710

    6,213,092

    Current liabilities

    1,478,427

    1,649,474

    1,858,284

    1,883,229

    2,276,609

    Non-current liabilities

    62,047

    105,248

    105,761

    141,168

    136,921

    Liabilities

    1,540,474

    1,754,722

    1,964,045

    2,024,397

    2,413,530

    Stockholders' equity

    3,912,859

    4,072,719

    4,090,579

    3,906,313

    3,799,562

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

    Young Optics: Consolidated income statement, 2Q14 - 2Q15 (NT$k)

    Item

    2Q-2015

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    1,108,250

     

    1,050,661

     

    1,368,630

     

    1,179,971

     

    1,257,598

     

    Gross profit (loss) from operations

    304,521

    27.5%

    271,103

    25.8%

    402,736

    29.4%

    336,117

    28.5%

    316,948

    25.2%

    Operating expenses

    285,203

    25.7%

    275,873

    26.3%

    306,899

    22.4%

    282,619

    24%

    281,019

    22.3%

    Operating income (loss)

    19,318

    1.7%

    -4,770

    -0.5%

    95,837

    7%

    53,498

    4.5%

    35,929

    2.9%

    Non-operating expenses and losses

    12,475

    1.1%

    23,361

    2.2%

    15,275

    1.1%

    25,055

    2.1%

    19,211

    1.5%

    Income from continuing operations before income tax

    31,793

    2.9%

    18,591

    1.8%

    111,112

    8.1%

    78,553

    6.7%

    55,140

    4.4%

    Net income (loss)

    35,356

    3.2%

    17,699

    1.7%

    77,083

    5.6%

    61,210

    5.2%

    31,926

    2.5%

    Diluted earnings per share (NT$)

    0.3

     

    0.2

     

    0.7

     

    0.5

     

    0.3

     

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

  • Young Optics Inc. full profile
Realtime news
  • Giga Solar Materials expects return of 10-12% on investment in PV station in Japan

    Before Going to Press | 9h 57min ago

  • Costs for new OLED lighting modules from Mitsubishi and Pioneer to drop 60%

    Before Going to Press | 10h ago

  • Major Taiwan-based fabless IC firms likely to suffer revenue decreases in 2015

    Before Going to Press | 10h 1min ago

  • Taiwan IC designers expect orders to pick up in 1Q16

    Before Going to Press | 10h 1min ago

  • TPK revenues up in August

    Before Going to Press | 10h 2min ago

  • HTC sees decreased August revenues

    Before Going to Press | 10h 2min ago

  • Merger with Asustek unlikely, says Acer CEO

    Before Going to Press | 10h 4min ago

  • Laser to become next-generation lighting source, says 2014 Nobel laureate

    Before Going to Press | 10h 6min ago

  • Foxconn Interconnect reportedly to acquire equipment from Avago

    Before Going to Press | 10h 8min ago

  • Green Energy Technology sees increased August revenues

    Before Going to Press | 10h 8min ago

  • Taiwan market: BenQ launches 4G-connected action camera

    Before Going to Press | 10h 9min ago

  • LG expected to release 8K TVs in 1H16

    Before Going to Press | 10h 10min ago

  • Handset vendors decreasing touch panel orders for 4Q15

    Before Going to Press | 10h 10min ago

  • Aurora expects revenues of NT$300 million from 3D business in 2015

    Before Going to Press | 10h 11min ago

  • Sunrex Technology to buy back 1.65% stake

    Before Going to Press | 10h 12min ago

  • 10-20MWp PV systems damaged by Typhoon in Taiwan

    Before Going to Press | 10h 13min ago

Pause
 | 
View more

3-Sep-2015 markets closed

 LastChange

TAIEX (TSE)8035.29+17.73+0.22% 

TSE electronic309.8+1.40+0.45% 

GTSM (OTC)109.28+0.68+0.63% 

OTC electronic138.71+0.42+0.3% 

Display panels for wearable devices
Wireless broadband developments in Southeast Asia markets
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Taiwan notebook ODMs

    Taiwan notebook Original Design Manufacturers (ODMs) account for more than 90% of global notebook production and Digitimes is there to provide daily...

  • Android

    The early success Google's Android platform has achieved in the handset market has caused system makers, software developers and semiconductor players...

  • Acer aggressively pushing new product lines

    Acer has been pushing its new product lines such as Chromebook, gaming devices and 2-in-1 devices in 2015, looking to maximum its profits.

  • Computex Taipei 2015

    The Computex show will host from June 2-6 and will focus on three major topics: IoT, mobile applications and cloud computing technology.

  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.