Zhen Ding, Taiflex kicks off fundraising for 5G product developments

Related company info

Jay Liu, Taipei; Joseph Tsai, DIGITIMES

Wednesday 10 June 2020

Taiflex Scientific
Performance

The company's stock price closed at NT$46.8 on the TSE on Thursday, May 26, 2022.

The company has reported consolidated revenues of NT$829 million for April 2022, representing a 1.6% increase on month and 11.3% increase on year.

For the fourth quarter of 2021, the company totaled NT$2,144 million in consolidated revenues, down 20.2% sequentially and down 11.5% on year.

Brief

Full name: Taiflex Scientific
Chinese name: 台虹科技股份有限公司
Short name: Taiflex
Stock code: 8039
Tax ID: 16198345
Market: TSE
Established: 16 Aug 1997
Paid in capital: NT$2.09 billion
Listed on OTC: 19 Dec 2003
Listed on ESB: 15 Jan 2003
Public since: 29 May 2000
Website: www.taiflex.com.tw
Related news
- FCCL maker Taiflex to invest over NT$2 billion in capacity expansion

Latest stock

Taiflex [8039] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
27-May	157	140	7,363,545	47.05	47.10	46.90	46.95	+0.15	+0.32%	46.90	47.00
26-May	360	283	16,901,850	47.20	47.25	46.80	46.80	-0.40	-0.85%	46.75	46.80
25-May	502	439	23,639,494	46.55	47.35	46.55	47.20	+0.65	+1.40%	47.15	47.20
23-May	321	287	15,086,145	47.20	47.20	46.70	47.00	+0.10	+0.21%	46.75	47.00
20-May	1,130	734	53,001,802	45.70	47.45	45.70	46.90	+1.15	+2.51%	46.90	46.95

Latest sales

Taiflex: Consolidated revenues, Apr 2021 - Apr 2022 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Apr-22	829	1.6%	11.3%	3,013	2.2%
Mar-22	816	43.9%	5.8%	2,184	(0.8%)
Feb-22	567	(29.1%)	(16.6%)	1,368	(4.4%)
Jan-22	801	0.4%	6.7%	801	6.7%
Dec-21	798	15.6%	2%	9,405	7.3%
Nov-21	690	5.1%	(11.7%)	8,607	7.8%
Oct-21	657	(24%)	(23.7%)	7,917	9.9%
Sep-21	864	(1.4%)	(10.1%)	7,261	14.5%
Aug-21	876	(7.5%)	1.8%	6,397	18.9%
Jul-21	946	8.3%	11.1%	5,521	22.1%
Jun-21	874	16.1%	20.9%	4,575	24.7%
May-21	753	1.1%	24.8%	3,701	25.6%
Apr-21	745	(3.4%)	2.2%	2,948	25.8%

*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2022

Taiflex: Consolidated revenues, 4Q20 - 4Q21 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
4Q-21	2,144	(20.2%)	(11.5%)	9,405	7.3%
3Q-21	2,686	13.2%	0.5%	7,261	14.5%
2Q-21	2,372	7.7%	15.4%	4,575	24.7%
1Q-21	2,202	(9.2%)	36.5%	2,202	36.5%
4Q-20	2,424	(9.3%)	23.7%	8,766	15.6%

*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2022

Latest balance sheet and income statement

Taiflex: Consolidated balance sheet, 4Q20 - 4Q21 (NT$k)
Item	4Q-2021	3Q-2021	2Q-2021	1Q-2021	4Q-2020
Current assets	9,556,959	8,474,226	8,366,335	8,040,135	7,581,801
Intangible assets	162,379	154,986	157,947	121,595	124,053
Non-current assets	4,517,921	4,361,395	4,269,459	4,042,984	3,950,114
Assets	14,074,880	12,835,621	12,635,794	12,083,119	11,531,915
Current liabilities	2,934,832	3,739,737	3,491,589	3,161,344	2,806,472
Non-current liabilities	3,226,655	1,483,356	1,210,623	1,150,636	1,147,507
Liabilities	6,161,487	5,223,093	4,702,212	4,311,980	3,953,979
Stockholders' equity	7,913,393	7,612,528	7,933,582	7,771,139	7,577,936

*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2022

Taiflex: Consolidated income statement, 4Q20 - 4Q21 (NT$k)
Item	4Q-2021		3Q-2021		2Q-2021		1Q-2021		4Q-2020
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Gross sales	0								0
Operating revenue	2,144,403		2,685,848		2,372,276		2,202,475		2,424,214
Gross profit (loss) from operations	451,355		654,760		584,816		507,712		597,026
Operating expenses	312,991		336,873		311,669		288,302		288,446
Operating income (loss)	138,364		317,887		273,147		219,410		308,580
Non-operating expenses and losses	5,146		-7,079		-24,046		17,985		-47,676
Income from continuing operations before income tax	143,510		310,808		249,101		237,395		260,904
Net income (loss)	119,890		249,943		198,372		176,657		211,434
Diluted earnings per share (NT$)	0.1		1.2		0.9		0.8		1