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Motech posts tiny profit for 2Q14 - related company info
MOPS, August 6; Adam Hwang, DIGITIMES [Wednesday 6 August 2014]
  • Motech Industries
  • Performance
    The company's stock price closed at NT$36.6 on the TSE on Tuesday, June 30, 2015.
    The company has reported consolidated revenues of NT$1,657 million for May 2015, representing a 23% increase on month and 9% drop on year.
    For the first quarter of 2015, the company totaled NT$4,187 million in consolidated revenues, down 13.9% sequentially and down 30% 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$4.40 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
    1-Jul 4,005 2,099 149,954,650 37.00 37.80 37.00 37.55+0.95+2.60% 37.55 37.60
    30-Jun 3,773 1,970 138,657,900 37.20 37.60 36.30 36.60-0.40-1.08% 36.60 36.65
    26-Jun 5,343 2,761 202,041,650 37.65 38.50 37.00 37.00-0.45-1.20% 37.00 37.10
    24-Jun 3,496 1,898 130,924,450 37.70 38.00 36.90 37.45+0.05+0.13% 37.45 37.50
    23-Jun 8,286 4,037 311,596,250 37.00 38.25 36.90 37.40+1.10+3.03% 37.40 37.45
    • Source: TSE, compiled by Digitimes
    Latest sales

    Motech: Consolidated revenues, May 2014 - May 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-15

    1,657

    23%

    (9%)

    7,190

    (26.2%)

    Apr-15

    1,346

    22.9%

    (30.7%)

    5,534

    (30.2%)

    Mar-15

    1,096

    (20.7%)

    (45.3%)

    4,187

    (30%)

    Feb-15

    1,382

    (19.2%)

    (27.4%)

    3,092

    (22.4%)

    Jan-15

    1,710

    13.4%

    (17.7%)

    1,710

    (17.7%)

    Dec-14

    1,508

    (16.5%)

    (28%)

    19,979

    (6.4%)

    Nov-14

    1,805

    16.5%

    (11.7%)

    18,471

    (4.1%)

    Oct-14

    1,550

    (0.2%)

    (25.8%)

    16,666

    (3.2%)

    Sep-14

    1,553

    39.1%

    (32.7%)

    15,116

    (0%)

    Aug-14

    1,116

    (6.6%)

    (50.2%)

    13,563

    5.9%

    Jul-14

    1,196

    (20.5%)

    (33.8%)

    12,447

    17.7%

    Jun-14

    1,504

    (17.4%)

    (10.8%)

    11,251

    28.3%

    May-14

    1,821

    (6.3%)

    1.7%

    9,748

    37.6%

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

    Motech: Consolidated revenues, 1Q14 - 1Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-15

    4,187

    (13.9%)

    (30%)

    4,187

    (30%)

    4Q-14

    4,863

    25.8%

    (21.9%)

    19,979

    (6.4%)

    3Q-14

    3,865

    (26.6%)

    (39.1%)

    15,116

    (0%)

    2Q-14

    5,268

    (12%)

    3.1%

    11,251

    28.2%

    1Q-14

    5,984

    (4%)

    63.2%

    5,984

    63.2%

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

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    Current assets

    14,392,452

    15,921,725

    14,333,571

    14,903,883

    15,230,338

    Intangible assets

    62,798

    62,625

    61,283

    54,912

    58,858

    Non-current assets

    10,847,574

    11,416,210

    11,849,144

    12,219,515

    12,134,471

    Assets

    25,240,026

    27,337,935

    26,182,715

    27,123,398

    27,364,809

    Current liabilities

    12,490,064

    14,077,238

    7,791,368

    7,406,244

    7,409,278

    Non-current liabilities

    157,737

    148,911

    4,909,353

    5,593,480

    5,594,093

    Liabilities

    12,647,801

    14,226,149

    12,700,721

    12,999,724

    13,003,371

    Stockholders' equity

    12,592,225

    13,111,786

    13,481,994

    14,123,674

    14,361,438

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

    Motech: Consolidated income statement, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    4,187,249

     

    4,863,073

     

    3,864,709

     

    5,267,533

     

    5,983,527

     

    Operating revenue

    4,187,249

    100%

    4,863,073

    100%

    3,864,709

    100%

    5,267,533

    100%

    5,983,527

    100%

    Gross profit (loss) from operations

    -121,696

    -2.9%

    -107,306

    -2.2%

    -531,866

    -13.8%

    291,080

    5.5%

    518,212

    8.7%

    Operating expenses

    315,427

    7.5%

    307,537

    6.3%

    263,589

    6.8%

    234,071

    4.4%

    283,104

    4.7%

    Operating income (loss)

    -437,123

    -10.4%

    -414,843

    -8.5%

    -795,455

    -20.6%

    57,009

    1.1%

    235,108

    3.9%

    Non-operating expenses and losses

    -26,134

    -0.6%

    -26,449

    -0.5%

    50,715

    1.3%

    -11,707

    -0.2%

    -18,955

    -0.3%

    Income from continuing operations before income tax

    -463,257

    -11.1%

    -441,292

    -9.1%

    -744,740

    -19.3%

    45,302

    0.9%

    216,153

    3.6%

    Net income (loss)

    -487,839

    -11.7%

    -496,934

    -10.2%

    -739,462

    -19.1%

    26,717

    0.5%

    153,716

    2.6%

    Diluted earnings per share (NT$)

    -1.1

     

    -1.1

     

    -1.7

     

    0.1

     

    0.4

     

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

  • Motech Industries full profile

Categories: Green energy Solar

Tags: 2Q14 EPS Motech

Companies: Motech Industries

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TAIEX (TSE)9323.02+86.92+0.94% 

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OTC electronic181.84+1.73+0.96% 

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