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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$25.1 on the TSE on Thursday, May 25, 2017.
    The company has reported consolidated revenues of NT$1,685 million for April 2017, representing a 9.1% drop on month and 44.8% drop on year.
    For the first quarter of 2017, the company totaled NT$5,069 million in consolidated revenues, down 6.1% sequentially and down 47.3% 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
    26-May 1,558 937 38,841,900 25.25 25.25 24.80 24.85-0.25-1.00% 24.85 24.90
    25-May 1,688 887 42,548,650 25.20 25.45 25.05 25.10+0.05+0.20% 25.05 25.10
    24-May 1,842 938 46,216,550 25.25 25.35 25.00 25.05-0.15-0.60% 25.05 25.10
    23-May 1,485 830 37,510,800 25.35 25.50 25.15 25.20-0.30-1.18% 25.20 25.25
    22-May 2,975 1,533 76,364,550 25.20 26.00 25.20 25.50+0.40+1.59% 25.50 25.60
    • Source: TSE, compiled by Digitimes
    Latest sales

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

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    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%

    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%

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

    Motech: Consolidated revenues, 1Q16 - 1Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    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%

    1Q-16

    9,620

    15.5%

    129.8%

    9,620

    129.8%

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

    Latest balance sheet and income statement

    Motech: Consolidated balance sheet, 1Q16 - 1Q17 (NT$k)

    Item

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    Current assets

    18,413,475

    19,649,656

    19,478,381

    21,815,906

    21,416,094

    Intangible assets

    564,132

    558,118

    570,879

    583,063

    595,801

    Non-current assets

    10,658,968

    11,140,399

    12,248,117

    12,602,418

    13,235,227

    Assets

    29,072,443

    30,790,055

    31,726,498

    34,418,324

    34,651,321

    Current liabilities

    14,098,176

    14,128,248

    13,992,162

    15,024,034

    14,401,053

    Non-current liabilities

    2,866,113

    3,360,203

    3,355,937

    3,879,385

    4,939,127

    Liabilities

    16,964,289

    17,488,451

    17,348,099

    18,903,419

    19,340,180

    Stockholders' equity

    12,108,154

    13,301,604

    14,378,399

    15,514,905

    15,311,141

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

    Motech: Consolidated income statement, 1Q16 - 1Q17 (NT$k)

    Item

    1Q-2017

    4Q-2016

    3Q-2016

    2Q-2016

    1Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    5,069,141

     

    5,395,373

     

    5,103,749

     

    8,843,609

     

    9,620,161

     

    Operating revenue

    5,069,141

    100%

    5,395,373

    100%

    5,103,749

    100%

    8,843,609

    100%

    9,620,161

    100%

    Gross profit (loss) from operations

    -593,443

    -11.7%

    -105,145

    -1.9%

    -921,838

    -18.1%

    857,297

    9.7%

    1,384,117

    14.4%

    Operating expenses

    356,655

    7%

    422,715

    7.8%

    329,368

    6.5%

    417,359

    4.7%

    418,595

    4.4%

    Operating income (loss)

    -950,098

    -18.7%

    -527,860

    -9.8%

    -1,251,206

    -24.5%

    439,938

    5%

    965,522

    10%

    Non-operating expenses and losses

    -68,257

    -1.3%

    -257,065

    -4.8%

    187,480

    3.7%

    -75,580

    -0.9%

    -10,029

    -0.1%

    Income from continuing operations before income tax

    -1,018,355

    -20.1%

    -784,925

    -14.5%

    -1,063,726

    -20.8%

    364,358

    4.1%

    955,493

    9.9%

    Net income (loss)

    -1,018,355

    -20.1%

    -1,034,386

    -19.2%

    -1,011,344

    -19.8%

    307,815

    3.5%

    825,151

    8.6%

    Diluted earnings per share (NT$)

    -2.1

     

    -2.1

     

    -2

     

    0.6

     

    1.7

     

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

  • Motech Industries full profile

Categories: Green energy Solar

Tags: Motech tariff US

Companies: Motech Industries

24-May-2017 09:45 (GMT+8)

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