Taipei, Friday, October 24, 2014 23:44 (GMT+8)
partly cloudy
Taipei
23°C
Pixart Imaging expects sales to drop 5% sequentially in 3Q14 - related company info
Patty Wang, Taipei; Steve Shen, DIGITIMES [Friday 8 August 2014]
  • Pixart Imaging
  • Performance
    The company's stock price closed at NT$66.9 on the TSE on Thursday, October 23, 2014.
    The company has reported consolidated revenues of NT$389 million for September 2014, representing a 3.1% drop on month and 13.4% drop on year.
    For the second quarter of 2014, the company totaled NT$1,265 million in consolidated revenues, up 5.5% sequentially and up 8.3% on year.
    Brief

    Full name: Pixart Imaging

    Chinese name: 原相科技股份有限公司

    Short name: PXI

    Arconym: PXI

    Stock code: 3227

    Tax ID: 16633261

    Market: OTC

    Established: 13 Jul 1998

    Paid in capital: NT$13.13 billion

    Listed on OTC: 4 May 2006

    Listed on ESB: 31 Jul 2003

    Public since: 24 Oct 2002

    Website: www.pixart.com.tw

  • Latest stock
    PXI [3227] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    24-Oct 741 495 49,072,800 67.20 67.80 65.60 65.60-1.30-1.94% 65.60 65.80
    23-Oct 581 419 38,940,100 67.80 68.00 66.30 66.90-0.90-1.33% 66.90 67.00
    22-Oct 734 549 50,281,300 68.60 69.20 67.60 67.80+0.30+0.44% 67.80 67.90
    21-Oct 541 427 36,715,500 68.00 68.60 67.00 67.50-0.10-0.15% 67.50 67.60
    20-Oct 647 441 43,551,700 68.00 68.00 66.70 67.60+1.80+2.74% 67.60 67.90
    17-Oct 935 630 62,746,400 68.80 68.80 65.50 65.80-2.00-2.95% 65.70 65.80
    16-Oct 1,447 964 95,808,300 67.60 68.10 63.60 67.80-0.40-0.59% 67.80 67.90
    15-Oct 1,060 676 72,260,900 69.30 69.30 67.50 68.20-0.20-0.29% 68.20 68.30
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Sep-14

    389

    (3.1%)

    (13.4%)

    3,652

    6.5%

    Aug-14

    401

    0.4%

    (17.8%)

    3,263

    9.5%

    Jul-14

    399

    (0.9%)

    (3.6%)

    2,863

    14.8%

    Jun-14

    403

    (7.6%)

    3.9%

    2,463

    18.5%

    May-14

    436

    2.4%

    3.7%

    2,060

    21.8%

    Apr-14

    426

    8.8%

    18.2%

    1,624

    27.8%

    Mar-14

    392

    2.9%

    26.5%

    1,198

    31.6%

    Feb-14

    381

    (10.7%)

    37%

    807

    34.3%

    Jan-14

    426

    6.1%

    32%

    426

    32%

    Dec-13

    402

    2.8%

    16.7%

    4,629

    31.9%

    Nov-13

    391

    (3.7%)

    12.4%

    4,227

    33.5%

    Oct-13

    406

    (9.5%)

    10.9%

    3,835

    36.1%

    Sep-13

    449

    (8.1%)

    6.2%

    3,429

    39.9%

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    1,265

    5.5%

    8.3%

    2,463

    18.5%

    1Q-14

    1,198

    (0.1%)

    31.6%

    1,198

    31.6%

    4Q-13

    1,199

    (11.2%)

    13.3%

    4,629

    31.9%

    3Q-13

    1,351

    15.6%

    29.8%

    3,429

    39.9%

    2Q-13

    1,168

    28.3%

    56.6%

    2,079

    47.4%

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

    Latest balance sheet and income statement

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

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    5,531,005

    5,532,593

    5,474,890

    5,399,665

    5,388,064

    Intangible assets

    560,549

    603,558

    478,431

    496,847

    509,302

    Non-current assets

    1,257,701

    1,311,969

    1,193,267

    1,244,225

    1,248,906

    Assets

    6,788,706

    6,844,562

    6,668,157

    6,643,890

    6,636,970

    Current liabilities

    1,156,174

    1,068,522

    1,012,899

    1,077,327

    1,201,669

    Non-current liabilities

    15,288

    15,682

    16,199

    20,484

    20,632

    Liabilities

    1,171,462

    1,084,204

    1,029,098

    1,097,811

    1,222,301

    Stockholders' equity

    5,617,244

    5,760,358

    5,639,059

    5,546,079

    5,414,669

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

    PXI: 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

    Gross sales

     

     

     

     

     

     

    1,350,724

     

    0

     

    Operating revenue

    1,264,801

    93.6%

    1,198,452

    88.7%

    1,199,161

    88.8%

    1,350,724

    100%

    1,168,218

     

    Gross profit (loss) from operations

    565,268

    41.8%

    535,819

    39.7%

    514,561

    38.1%

    578,296

    42.8%

    478,217

     

    Operating expenses

    436,977

    32.4%

    447,767

    33.2%

    443,823

    32.9%

    446,902

    33.1%

    424,441

     

    Operating income (loss)

    128,291

    9.5%

    88,052

    6.5%

    70,738

    5.2%

    131,394

    9.7%

    53,776

     

    Non-operating expenses and losses

    -14,864

    -1.1%

    12,136

    0.9%

    18,409

    1.4%

    3,496

    0.3%

    19,682

     

    Income from continuing operations before income tax

    113,427

    8.4%

    100,188

    7.4%

    89,147

    6.6%

    134,890

    10%

    73,458

     

    Net income (loss)

    103,920

    7.7%

    91,835

    6.8%

    73,457

    5.4%

    117,849

    8.7%

    63,343

     

    Diluted earnings per share (NT$)

    0.8

     

    0.7

     

    0.6

     

    0.8

     

    0.5

     

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

  • Pixart Imaging full profile

24-Oct-2014 markets closed

 LastChange

TAIEX (TSE)8731.07-17.76-0.2% 

TSE electronic342.94-1.35-0.39% 

GTSM (OTC)128.14-0.68-0.53% 

OTC electronic163.1-0.81-0.49% 

ADVANTEST CORPORATION
DIGITIMES Marketing Services
DIGITIMES Translation Services
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.