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Motech asks US to reassess anti-dumping tariff - related company info
Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Thursday 14 August 2014]
  • Motech Industries
  • Performance
    The company's stock price closed at NT$28.35 on the TSE on Tuesday, March 28, 2017.
    The company has reported consolidated revenues of NT$1,487 million for February 2017, representing a 14% drop on month and 53% drop on year.
    For the third quarter of 2016, the company totaled NT$5,104 million in consolidated revenues, down 42.3% sequentially and down 28.1% 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$4.87 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
    29-Mar 2,444 1,215 69,398,550 28.70 28.70 28.25 28.25-0.10-0.35% 28.25 28.30
    28-Mar 4,763 2,159 136,151,500 29.05 29.25 28.25 28.35-0.55-1.90% 28.35 28.40
    27-Mar 2,835 1,468 82,776,550 29.20 29.65 28.90 28.90-0.30-1.03% 28.90 28.95
    24-Mar 6,673 2,958 196,416,600 29.95 30.05 29.15 29.20-0.95-3.15% 29.20 29.25
    23-Mar 5,292 2,284 160,765,550 30.00 30.85 29.70 30.15+0.25+0.84% 30.15 30.20
    22-Mar 2,148 875 63,801,500 29.75 30.00 29.30 29.90+0.05+0.17% 29.90 29.95
    21-Mar 3,349 1,364 100,859,450 30.50 30.60 29.85 29.85-0.65-2.13% 29.85 29.95
    • Source: TSE, compiled by Digitimes
    Latest sales

    Motech: Consolidated revenues, Feb 2016 - Feb 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-17

    1,487

    (14%)

    (53%)

    3,215

    (49.6%)

    Jan-17

    1,728

    (10.5%)

    (46.2%)

    1,728

    (46.2%)

    Dec-16

    1,931

    (0.2%)

    (34.4%)

    28,963

    17%

    Nov-16

    1,935

    26.5%

    (31%)

    27,032

    23.9%

    Oct-16

    1,530

    11.4%

    (40.8%)

    25,097

    32%

    Sep-16

    1,373

    (22.6%)

    (45.9%)

    23,568

    43.5%

    Aug-16

    1,774

    (9.3%)

    (21.9%)

    22,194

    59.9%

    Jul-16

    1,956

    (30.8%)

    (14.4%)

    20,420

    75.9%

    Jun-16

    2,825

    (4.8%)

    32.3%

    18,464

    98%

    May-16

    2,968

    (2.7%)

    79.1%

    15,639

    117.5%

    Apr-16

    3,051

    (5.9%)

    126.6%

    12,671

    129%

    Mar-16

    3,243

    2.4%

    195.9%

    9,620

    129.8%

    Feb-16

    3,166

    (1.4%)

    129.2%

    6,378

    106.3%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2017

    Motech: Consolidated revenues, 3Q15 - 3Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-16

    5,104

    (42.3%)

    (28.1%)

    23,568

    43.5%

    2Q-16

    8,844

    (8.1%)

    72.1%

    18,464

    98%

    1Q-16

    9,620

    15.5%

    129.8%

    9,620

    129.8%

    4Q-15

    8,331

    17.4%

    71.3%

    24,754

    23.9%

    3Q-15

    7,098

    38.1%

    83.7%

    16,423

    8.7%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2017

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 3Q15 - 3Q16 (NT$k)

    Item

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    3Q-2015

    Current assets

    19,478,381

    21,815,906

    21,416,094

    19,689,978

    17,803,142

    Intangible assets

    570,879

    583,063

    595,801

    604,899

    663,586

    Non-current assets

    12,248,117

    12,602,418

    13,235,227

    13,794,805

    14,440,578

    Assets

    31,726,498

    34,418,324

    34,651,321

    33,484,783

    32,243,720

    Current liabilities

    13,992,162

    15,024,034

    14,401,053

    13,119,085

    11,835,690

    Non-current liabilities

    3,355,937

    3,879,385

    4,939,127

    5,842,895

    6,544,274

    Liabilities

    17,348,099

    18,903,419

    19,340,180

    18,961,980

    18,379,964

    Stockholders' equity

    14,378,399

    15,514,905

    15,311,141

    14,522,803

    13,863,756

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2017

    Motech: Consolidated income statement, 3Q15 - 3Q16 (NT$k)

    Item

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    3Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    5,103,749

     

    8,843,609

     

    9,620,161

     

    8,330,757

     

    7,097,505

     

    Operating revenue

    5,103,749

    100%

    8,843,609

    100%

    9,620,161

    100%

    8,330,757

    100%

    7,097,505

    100%

    Gross profit (loss) from operations

    -921,838

    -18.1%

    857,297

    9.7%

    1,384,117

    14.4%

    1,162,671

    14%

    515,906

    7.3%

    Operating expenses

    329,368

    6.5%

    417,359

    4.7%

    418,595

    4.4%

    433,786

    5.2%

    381,967

    5.4%

    Operating income (loss)

    -1,251,206

    -24.5%

    439,938

    5%

    965,522

    10%

    728,885

    8.7%

    133,939

    1.9%

    Non-operating expenses and losses

    187,480

    3.7%

    -75,580

    -0.9%

    -10,029

    -0.1%

    -265,708

    -3.2%

    -5,731

    -0.1%

    Income from continuing operations before income tax

    -1,063,726

    -20.8%

    364,358

    4.1%

    955,493

    9.9%

    463,177

    5.6%

    128,208

    1.8%

    Net income (loss)

    -1,011,344

    -19.8%

    307,815

    3.5%

    825,151

    8.6%

    363,414

    4.4%

    44,061

    0.6%

    Diluted earnings per share (NT$)

    -2

     

    0.6

     

    1.7

     

    0.8

     

    0.2

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2017

  • Motech Industries full profile

Categories: Green energy Solar

Tags: Motech tariff US

Companies: Motech Industries

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29-Mar-2017 markets closed

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TAIEX (TSE)9856.25-20.20-0.2% 

TSE electronic401.43-1.75-0.43% 

GTSM (OTC)134.87+0.68+0.51% 

OTC electronic190.02+1.39+0.74% 

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