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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$52 on the TSE on Wednesday, October 22, 2014.
    The company has reported consolidated revenues of NT$400 million for September 2014, representing a 20.7% increase on month and 24.7% drop on year.
    For the second quarter of 2014, the company totaled NT$1,258 million in consolidated revenues, up 4.9% 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
    23-Oct 99 88 5,075,100 51.70 51.70 51.00 51.00-1.00-1.92% 51.30 51.00
    22-Oct 172 136 8,945,900 52.40 52.40 51.30 52.00+0.70+1.36% 52.00 51.80
    21-Oct 134 113 6,841,100 50.80 51.70 50.60 51.30+0.50+0.98% 51.30 51.00
    20-Oct 218 165 11,091,400 50.90 51.80 50.50 50.80+0.60+1.20% 50.80 50.70
    17-Oct 508 281 25,834,938 51.60 52.60 50.20 50.20-1.20-2.33% 50.40 50.20
    16-Oct 469 372 23,977,200 50.10 51.80 50.10 51.40-1.10-2.10% 51.40 51.20
    15-Oct 400 286 21,252,660 54.30 54.70 52.30 52.50-1.80-3.31% 52.80 52.50
    14-Oct 198 144 10,731,600 54.00 54.50 54.00 54.30+0.30+0.56% 54.30 54.20
    • Source: TSE, compiled by Digitimes
    Latest sales

    Young Optics: Consolidated revenues, Sep 2013 - Sep 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%)

    Jun-14

    477

    13.3%

    6.2%

    2,457

    (9.4%)

    May-14

    421

    16.8%

    (9.7%)

    1,980

    (12.5%)

    Apr-14

    360

    (8.2%)

    (29.7%)

    1,560

    (13.2%)

    Mar-14

    392

    4.3%

    (4.6%)

    1,199

    (6.5%)

    Feb-14

    376

    (12.8%)

    18.4%

    807

    (7.5%)

    Jan-14

    431

    (4.2%)

    (22.3%)

    431

    (22.3%)

    Dec-13

    450

    37.6%

    (26.1%)

    5,259

    (22.5%)

    Nov-13

    327

    (13%)

    (46.7%)

    4,809

    (22.1%)

    Oct-13

    376

    (29.2%)

    (37.7%)

    4,482

    (19.4%)

    Sep-13

    531

    10.8%

    (11%)

    4,106

    (17.1%)

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

    Young Optics: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    1,258

    4.9%

    (11.9%)

    2,457

    (9.4%)

    1Q-14

    1,199

    4%

    (6.5%)

    1,199

    (6.5%)

    4Q-13

    1,153

    (17.4%)

    (36.9%)

    5,259

    (22.5%)

    3Q-13

    1,395

    (2.3%)

    (21.1%)

    4,106

    (17.1%)

    2Q-13

    1,427

    11.2%

    (18.8%)

    2,711

    (14.9%)

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

    Latest balance sheet and income statement

    Young Optics: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    3,586,348

    3,325,544

    3,193,507

    3,278,185

    3,270,109

    Intangible assets

    28,874

    30,657

    31,907

    30,774

    24,140

    Non-current assets

    2,626,744

    2,686,253

    2,726,548

    2,701,869

    2,712,139

    Assets

    6,213,092

    6,011,797

    5,920,055

    5,980,054

    5,982,248

    Current liabilities

    2,276,609

    1,849,085

    1,814,841

    1,926,928

    2,000,181

    Non-current liabilities

    136,921

    132,725

    129,939

    131,645

    123,809

    Liabilities

    2,413,530

    1,981,810

    1,944,780

    2,058,573

    2,123,990

    Stockholders' equity

    3,799,562

    4,029,987

    3,975,275

    3,921,481

    3,858,258

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

    Young Optics: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    1,257,598

     

    1,199,404

     

    1,152,938

     

    1,395,358

     

    1,427,415

     

    Gross profit (loss) from operations

    316,948

     

    283,371

     

    297,268

     

    369,931

     

    356,367

     

    Operating expenses

    281,019

     

    267,117

     

    285,610

     

    265,661

     

    262,686

     

    Operating income (loss)

    35,929

     

    16,254

     

    11,658

     

    104,270

     

    93,681

     

    Non-operating expenses and losses

    19,211

     

    18,967

     

    21,033

     

    15,943

     

    15,404

     

    Income from continuing operations before income tax

    55,140

     

    35,221

     

    32,691

     

    120,213

     

    109,085

     

    Net income (loss)

    31,926

     

    22,499

     

    16,008

     

    84,376

     

    69,227

     

    Diluted earnings per share (NT$)

    0.3

     

    0.2

     

    0.1

     

    0.7

     

    0.6

     

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

  • Young Optics Inc. full profile
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