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US lowers anti-dumping tariff for Motech to 20.86% - related company info
MOPS, August 19; Adam Hwang, DIGITIMES [Tuesday 19 August 2014]
  • Motech Industries
  • Performance
    The company's stock price closed at NT$23.5 on the TSE on Friday, September 22, 2017.
    The company has reported consolidated revenues of NT$2,096 million for August 2017, representing a 5.5% increase on month and 18.2% increase on year.
    For the second quarter of 2017, the company totaled NT$5,598 million in consolidated revenues, up 10.4% sequentially and down 36.7% 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
    25-Sep 4,339 1,876 102,695,850 23.70 23.95 23.40 23.50+0.00+0.00% 23.50 23.55
    22-Sep 3,107 1,351 73,081,550 23.70 23.80 23.30 23.50-0.25-1.05% 23.45 23.50
    21-Sep 2,281 970 54,315,150 24.00 24.05 23.70 23.75-0.05-0.21% 23.75 23.80
    20-Sep 3,707 1,562 88,634,550 23.95 24.30 23.70 23.80-0.10-0.42% 23.80 23.85
    19-Sep 2,945 1,254 71,207,000 24.45 24.50 23.90 23.90-0.40-1.65% 23.90 23.95
    18-Sep 6,561 2,631 158,644,150 23.80 24.45 23.70 24.30+0.70+2.97% 24.30 24.35
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-17

    2,096

    5.5%

    18.2%

    14,751

    (33.5%)

    Jul-17

    1,987

    (2.2%)

    1.6%

    12,655

    (38%)

    Jun-17

    2,033

    8.1%

    (28%)

    10,667

    (42.2%)

    May-17

    1,880

    11.5%

    (36.7%)

    8,634

    (44.8%)

    Apr-17

    1,685

    (9.1%)

    (44.8%)

    6,755

    (46.7%)

    Mar-17

    1,854

    24.7%

    (42.8%)

    5,069

    (47.3%)

    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%

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

    Motech: Consolidated revenues, 2Q16 - 2Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-17

    5,598

    10.4%

    (36.7%)

    10,667

    (42.2%)

    1Q-17

    5,069

    (6.1%)

    (47.3%)

    5,069

    (47.3%)

    4Q-16

    5,395

    5.7%

    (35.2%)

    28,963

    17%

    3Q-16

    5,104

    (42.3%)

    (28.1%)

    23,568

    43.5%

    2Q-16

    8,844

    (8.1%)

    72.1%

    18,464

    98%

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

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    Current assets

    19,991,527

    18,413,475

    19,649,656

    19,478,381

    21,815,906

    Intangible assets

    552,465

    564,132

    558,118

    570,879

    583,063

    Non-current assets

    10,268,702

    10,658,968

    11,140,399

    12,248,117

    12,602,418

    Assets

    30,260,229

    29,072,443

    30,790,055

    31,726,498

    34,418,324

    Current liabilities

    15,917,786

    14,098,176

    14,128,248

    13,992,162

    15,024,034

    Non-current liabilities

    2,877,983

    2,866,113

    3,360,203

    3,355,937

    3,879,385

    Liabilities

    18,795,769

    16,964,289

    17,488,451

    17,348,099

    18,903,419

    Stockholders' equity

    11,464,460

    12,108,154

    13,301,604

    14,378,399

    15,514,905

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

    Motech: Consolidated income statement, 2Q16 - 2Q17 (NT$k)

    Item

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    5,597,967

     

    5,069,141

     

    5,395,373

     

    5,103,749

     

    8,843,609

     

    Operating revenue

    5,597,967

    100%

    5,069,141

    100%

    5,395,373

    100%

    5,103,749

    100%

    8,843,609

    100%

    Gross profit (loss) from operations

    -266,504

    -4.8%

    -593,443

    -11.7%

    -105,145

    -1.9%

    -921,838

    -18.1%

    857,297

    9.7%

    Operating expenses

    407,663

    7.3%

    356,655

    7%

    422,715

    7.8%

    329,368

    6.5%

    417,359

    4.7%

    Operating income (loss)

    -674,167

    -12%

    -950,098

    -18.7%

    -527,860

    -9.8%

    -1,251,206

    -24.5%

    439,938

    5%

    Non-operating expenses and losses

    -19,022

    -0.3%

    -68,257

    -1.3%

    -257,065

    -4.8%

    187,480

    3.7%

    -75,580

    -0.9%

    Income from continuing operations before income tax

    -693,189

    -12.4%

    -1,018,355

    -20.1%

    -784,925

    -14.5%

    -1,063,726

    -20.8%

    364,358

    4.1%

    Net income (loss)

    -692,828

    -12.4%

    -1,018,355

    -20.1%

    -1,034,386

    -19.2%

    -1,011,344

    -19.8%

    307,815

    3.5%

    Diluted earnings per share (NT$)

    -1.4

     

    -2.1

     

    -2.1

     

    -2

     

    0.6

     

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

  • Motech Industries full profile

Categories: Green energy Solar

Tags: Motech tariff US

Companies: Motech Industries

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25-Sep-2017 markets closed

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TAIEX (TSE)10335.89-113.79-1.09% 

TSE electronic437.35-6.28-1.42% 

GTSM (OTC)139.96-2.18-1.53% 

OTC electronic207.21-3.36-1.6% 

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