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Foxconn 2Q14 profit grows, but revenues drop - related company info
Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES [Friday 15 August 2014]
  • Foxconn Electronics (Hon Hai Precision Industry)
  • Performance
    The company's stock price closed at NT$102 on the TSE on Thursday, September 18, 2014.
    The company has reported consolidated revenues of NT$275,085 million for August 2014, representing a 5.7% increase on month and 1.9% drop on year.
    For the second quarter of 2014, the company totaled NT$879,094 million in consolidated revenues, down 0.5% sequentially and down 1.8% on year.
    Brief

    Full name: Foxconn Electronics (Hon Hai Precision Industry)

    Chinese name: 鴻海精密工業股份有限公司

    Short name: Foxconn

    Stock code: 2317

    Tax ID: 04541302

    Market: TSE

    Established: 20 Feb 1974

    Paid in capital: NT$131.29 billion

    Listed on TSE: 18 Jun 1991

    Public since: 12 Nov 1990

    Website: www.foxconn.com

  • On display
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      Photo: Ninelu Tu, DIGITIMES, Jul 11.

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  • Latest stock
    Foxconn [2317] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    19-Sep 32,404 10,338 3,299,128,395 102.50 103.00 101.00 101.00-1.00-0.98% 101.50 101.00
    18-Sep 22,084 8,417 2,234,961,434 100.50 102.00 100.50 102.00+1.00+0.99% 102.00 101.50
    17-Sep 27,851 12,123 2,805,901,875 100.00 101.50 100.00 101.00+1.50+1.51% 101.00 100.50
    16-Sep 15,859 7,010 1,584,511,500 101.00 101.00 99.50 99.50-1.50-1.49% 99.60 99.50
    15-Sep 17,077 7,703 1,712,020,150 99.40 101.00 99.20 101.00+1.60+1.61% 101.00 100.50
    12-Sep 23,455 10,599 2,336,216,765 100.50 100.50 99.10 99.40-0.60-0.60% 99.50 99.40
    11-Sep 17,771 8,725 1,789,170,359 100.50 101.50 100.00 100.00-1.00-0.99% 100.50 100.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Foxconn: Consolidated revenues, Aug 2013 - Aug 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-14

    275,085

    5.7%

    (1.9%)

    2,297,700

    0.5%

    Jul-14

    260,218

    (17.9%)

    (13.3%)

    2,022,615

    0.8%

    Jun-14

    316,993

    18.3%

    4.1%

    1,762,397

    3.3%

    May-14

    267,966

    (9%)

    (10.8%)

    1,445,404

    3.2%

    Apr-14

    294,442

    (4.4%)

    0.9%

    1,177,438

    7%

    Mar-14

    307,819

    18.1%

    18.2%

    882,996

    9.2%

    Feb-14

    260,626

    (17.1%)

    10.9%

    575,177

    4.9%

    Jan-14

    314,551

    (35.9%)

    0.3%

    314,551

    0.3%

    Dec-13

    490,932

    7.6%

    18.9%

    3,954,119

    1.3%

    Nov-13

    456,187

    19.2%

    18%

    3,463,188

    (0.8%)

    Oct-13

    382,621

    13.3%

    13.2%

    3,007,001

    (3.2%)

    Sep-13

    337,862

    20.5%

    14.3%

    2,624,380

    (5.2%)

    Aug-13

    280,428

    (6.6%)

    2.6%

    2,286,518

    (7.5%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    879,094

    (0.5%)

    (1.8%)

    1,762,574

    3.4%

    1Q-14

    883,479

    (33.5%)

    9.2%

    883,479

    9.2%

    4Q-13

    1,328,387

    44.5%

    16.8%

    3,952,318

    1.2%

    3Q-13

    919,301

    2.6%

    5.1%

    2,623,931

    (5.2%)

    2Q-13

    895,617

    10.7%

    0.4%

    1,704,629

    (10%)

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

    Latest balance sheet and income statement

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

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    1,483,909,855

    1,556,454,468

    1,808,581,488

    1,521,989,273

    1,440,942,854

    Intangible assets

    3,512,351

    12,792,396

    12,815,278

    3,711,168

    3,871,822

    Non-current assets

    485,076,394

    493,455,484

    503,879,715

    494,446,954

    510,422,565

    Assets

    1,968,986,249

    2,049,909,952

    2,312,461,203

    2,016,436,227

    1,951,365,419

    Current liabilities

    971,141,780

    1,070,385,570

    1,358,960,771

    1,123,336,996

    1,102,743,685

    Non-current liabilities

    162,134,124

    147,424,157

    147,575,830

    140,349,493

    119,562,026

    Liabilities

    1,133,275,904

    1,217,809,727

    1,506,536,601

    1,263,686,489

    1,222,305,711

    Stockholders' equity

    835,710,345

    832,100,225

    805,924,602

    752,749,738

    729,059,708

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

    Foxconn: 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

    879,094,312

     

    883,479,325

     

    1,328,386,874

     

    919,301,218

     

    895,617,497

     

    Gross profit (loss) from operations

    61,990,039

     

    53,375,905

     

    91,848,692

     

    64,999,796

     

    51,932,926

     

    Operating expenses

    34,058,269

     

    32,470,186

     

    46,890,606

     

    33,153,309

     

    33,330,094

     

    Operating income (loss)

    27,931,770

     

    20,905,719

     

    44,958,086

     

    31,846,487

     

    18,602,832

     

    Non-operating expenses and losses

    4,485,414

     

    4,635,150

     

    7,436,950

     

    3,913,184

     

    6,940,985

     

    Income from continuing operations before income tax

    32,417,184

     

    25,540,869

     

    52,395,036

     

    35,759,671

     

    25,543,817

     

    Net income (loss)

    20,625,501

     

    19,829,790

     

    43,343,841

     

    30,721,326

     

    16,930,385

     

    Diluted earnings per share (NT$)

    1.2

     

    1.5

     

    3.2

     

    2.3

     

    1.1

     

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

19-Sep-2014 markets closed

 LastChange

TAIEX (TSE)9237.03+41.86+0.46% 

TSE electronic362.1+1.71+0.47% 

GTSM (OTC)140.25+0.82+0.59% 

OTC electronic178.12+1.94+1.1% 

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