Taipei, Saturday, July 4, 2015 09:49 (GMT+8)
mostly cloudy
Taipei
32°C
Commentary: Lack of distribution channels continues to hover over Taiwan solar industry - related company info
Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Thursday 9 February 2012]
  • Gintech Energy
  • Performance
    The company's stock price closed at NT$20.65 on the TSE on Thursday, July 2, 2015.
    The company has reported consolidated revenues of NT$1,235 million for May 2015, representing a 4.3% drop on month and 27.6% drop on year.
    For the first quarter of 2015, the company totaled NT$3,073 million in consolidated revenues, down 23.3% sequentially and down 28.3% on year.
    Brief

    Full name: Gintech Energy

    Chinese name: 昱晶能源科技股份有限公司

    Short name: Gintech

    Stock code: 3514

    Tax ID: 27757133

    Market: TSE

    Established: 10 Aug 2005

    Paid in capital: NT$4.08 billion

    Listed on TSE: 2 Nov 2007

    Listed on ESB: 22 Dec 2006

    Public since: 17 May 2006

    Website: www.gintech.com.tw

  • Latest stock
    Gintech [3514] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    3-Jul 4,322 1,766 88,658,445 20.80 20.85 20.25 20.70+0.05+0.24% 20.70 20.65
    2-Jul 5,481 2,033 113,106,688 20.50 20.95 20.40 20.65+0.45+2.23% 20.65 20.60
    1-Jul 6,052 2,286 123,875,403 20.30 20.85 20.10 20.20+0.15+0.75% 20.25 20.20
    30-Jun 5,390 2,135 107,281,237 20.00 20.30 19.50 20.05+0.05+0.25% 20.05 20.00
    29-Jun 10,225 4,039 203,636,687 19.30 20.40 19.20 20.00+0.85+4.44% 20.05 20.00
    26-Jun 6,623 2,688 126,795,345 18.80 19.45 18.60 19.15+0.65+3.51% 19.20 19.15
    25-Jun 3,438 1,437 63,058,215 18.40 18.50 18.00 18.50+0.40+2.21% 18.50 18.45
    • Source: TSE, compiled by Digitimes
    Latest sales

    Gintech: Consolidated revenues, May 2014 - May 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-15

    1,235

    (4.3%)

    (27.6%)

    5,598

    (27.7%)

    Apr-15

    1,290

    55%

    (26.3%)

    4,363

    (27.7%)

    Mar-15

    832

    (26.5%)

    (50.3%)

    3,073

    (28.3%)

    Feb-15

    1,132

    2.2%

    (9.5%)

    2,241

    (14.2%)

    Jan-15

    1,109

    (29.8%)

    (18.6%)

    1,109

    (18.6%)

    Dec-14

    1,580

    3.9%

    13%

    15,567

    3.1%

    Nov-14

    1,520

    68.3%

    7.5%

    13,988

    2.1%

    Oct-14

    904

    (14.2%)

    (39.9%)

    12,467

    1.5%

    Sep-14

    1,054

    21.3%

    (22.9%)

    11,564

    7.2%

    Aug-14

    869

    (11.6%)

    (35.2%)

    10,510

    11.6%

    Jul-14

    982

    7.1%

    (29.4%)

    9,641

    19.4%

    Jun-14

    917

    (46.2%)

    (33.5%)

    8,659

    29.5%

    May-14

    1,705

    (2.5%)

    27.5%

    7,742

    45.9%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Gintech: Consolidated revenues, 1Q14 - 1Q15 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-15

    3,073

    (23.3%)

    (28.3%)

    3,073

    (28.3%)

    4Q-14

    4,004

    37.9%

    (7.2%)

    15,567

    3.1%

    3Q-14

    2,905

    (33.6%)

    (29.1%)

    11,564

    7.2%

    2Q-14

    4,371

    2%

    13.7%

    8,659

    29.5%

    1Q-14

    4,287

    (0.6%)

    51%

    4,287

    51%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Latest balance sheet and income statement

    Gintech: Consolidated balance sheet, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    Current assets

    9,994,539

    9,453,036

    9,738,148

    8,900,187

    9,338,227

    Intangible assets

    9,925

    11,641

    11,986

    13,841

    10,151

    Non-current assets

    11,362,526

    11,729,665

    12,296,868

    12,540,252

    12,493,782

    Assets

    21,357,065

    21,182,701

    22,035,016

    21,440,439

    21,832,009

    Current liabilities

    5,547,414

    4,608,121

    4,692,911

    4,619,705

    4,357,291

    Non-current liabilities

    3,358,406

    3,833,189

    4,400,898

    3,453,497

    4,168,108

    Liabilities

    8,905,820

    8,441,310

    9,093,809

    8,073,202

    8,525,399

    Stockholders' equity

    12,451,245

    12,741,391

    12,941,207

    13,367,237

    13,306,610

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

    Gintech: Consolidated income statement, 1Q14 - 1Q15 (NT$k)

    Item

    1Q-2015

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    3,073,181

     

    4,003,942

     

    2,904,662

     

    4,371,434

     

    4,287,409

     

    Operating revenue

    3,073,181

    100%

    4,003,942

    100%

    2,904,662

    100%

    4,371,434

    100%

    4,287,409

    100%

    Gross profit (loss) from operations

    -66,469

    -2.2%

    -38,306

    -1%

    -234,394

    -8.1%

    328,018

    7.5%

    532,535

    12.4%

    Operating expenses

    147,635

    4.8%

    171,065

    4.3%

    169,278

    5.8%

    164,226

    3.8%

    179,157

    4.2%

    Operating income (loss)

    -218,208

    -7.1%

    -213,596

    -5.3%

    -409,557

    -14.1%

    161,790

    3.7%

    353,378

    8.2%

    Non-operating expenses and losses

    -77,752

    -2.5%

    -23,660

    -0.6%

    -78,735

    -2.7%

    -134,108

    -3.1%

    -52,386

    -1.2%

    Income from continuing operations before income tax

    -295,960

    -9.6%

    -237,256

    -5.9%

    -488,292

    -16.8%

    27,682

    0.6%

    300,992

    7%

    Net income (loss)

    -296,199

    -9.6%

    -206,967

    -5.2%

    -437,348

    -15.1%

    22,406

    0.5%

    243,780

    5.7%

    Diluted earnings per share (NT$)

    0

     

     

     

     

     

    0.1

     

    0.6

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, July 2015

  • Gintech Energy full profile
High-brightness LED market trends and forecast, 2015
2015 global tablet demand forecast

3-Jul-2015 markets closed

 LastChange

TAIEX (TSE)9379.24+4.01+0.04% 

TSE electronic366.8-0.08-0.02% 

GTSM (OTC)137.56+0.06+0.04% 

OTC electronic182.84-0.17-0.09% 

2015 global notebook demand forecast
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.