MediaTek, Taiwan’s largest optical storage chipset design house, published its 2003 financial report on February 2, with an EPS of NT$25.96. The company’s 2003 pre-tax profits of NT$16.609 billion exceeded published forecasts by 31.8% and set a new annual record.
MediaTek has scheduled an investors conference for Thursday. Investors are concerned about the company’s sales performance in mobile phone ICs, its new product line, and the influence of insufficient foundry capacity on the company’s production costs, analysts said.
|
MediaTek: 2003 financial results (NT$b) | |
|
Item |
Amount |
|
Revenues |
38.064 |
|
Gross profits |
19.654 |
|
Operating profits |
15.08 |
|
Pre-tax profits |
16.609 |
|
Pre-tax EPS (NT$)* |
25.96 |
|
Net profits |
16.522 |
|
Net EPS (NT$)* |
25.82 |
Source: company, compiled by DigiTimes, February 2004.
*Based on current market capitalization of NT$6.415 billion.
|
Nine other Taiwan IC designers’ estimated 2003 profitability (NT$m) | ||||||||||
|
Company |
Revenues* |
Forecast |
Percent achieved |
Gross margin* |
Gross profits |
Pre-tax profits* |
Net profits* |
EPS* (NT$) |
1Q-3Q cumulative net profits |
4Q net profits** |
|
Novatek Microelectronics |
10,905 |
10,714 |
101.8% |
29.54% |
3,221 |
2,105 |
2,125 |
6.22 |
1423.9 |
701.1 |
|
Elite Semiconductor Memory Technology |
5,333 |
5,273 |
101.1% |
21.0% |
1,120 |
1,103 |
1,020 |
6.45 |
546.4 |
473.6 |
|
Elan Microelectronics |
4,610 |
4,700 |
98.1% |
39.6% |
1,826 |
792 |
784 |
3.32 |
605.0 |
179.0 |
|
Sonix Technology |
1,598 |
1,598 |
100.0% |
53.0% |
847 |
544 |
492 |
4.19 |
405.5 |
86.5 |
|
Sitronix Technology |
1,197 |
- |
- |
38.3% |
458 |
251 |
237 |
7.1 |
- |
- |
|
Integrated Technology Express |
1,733 |
1,742 |
99.5% |
38.0% |
659 |
195 |
224 |
2.09 |
169.1 |
54.9 |
|
Silicon Integrated Systems |
16,725 |
20,001 |
83.6% |
28.19% |
4,715 |
204 |
204 |
0.15 |
(56.2) |
260.2 |
|
King Billion Electronics |
488 |
493 |
99.0% |
32.58% |
159 |
13.48 |
13.97 |
0.43 |
17.6 |
(3.7) |
|
ALi |
6,517 |
6,223 |
104.7% |
24.4% |
1,590 |
7.12 |
5.02 |
0.03 |
175.6 |
(170.6) |
Source: columns marked with * compiled from the Chinese-language Commercial Times, compiled by DigiTimes, February 2004.
**Based on full-year minus 1Q-3Q figures.
Article translated by Adam Hwang and edited by Adam Hwang
