Taipei, Wednesday, April 1, 2015 14:08 (GMT+8)
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Taipei
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Commentary: Long-term solar material supply contracts increase losses during industry downturns - related company info
Jackie Chang, DIGITIMES, Taipei [Thursday 3 May 2012]
  • Neo Solar Power
  • Performance
    The company's stock price closed at NT$27.7 on the TSE on Tuesday, March 31, 2015.
    The company has reported consolidated revenues of NT$1,467 million for February 2015, representing a 2.7% drop on month and 37.2% drop on year.
    For the third quarter of 2014, the company totaled NT$5,887 million in consolidated revenues, down 20.3% sequentially and down 7.9% on year.
    Brief

    Full name: Neo Solar Power

    Chinese name: 新日光能源科技股份有限公司

    Short name: NSP

    Stock code: 3576

    Tax ID: 27763753

    Market: TSE

    Established: 26 Aug 2005

    Paid in capital: NT$7.89 billion

    Listed on ESB: 9 Oct 2007

    Public since: 4 Sep 2007

    Website: www.neosolarpower.com

  • Latest stock
    NSP [3576] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    1-Apr 13,269   27.70 28.50 27.55 28.10+0.40+1.44%  
    31-Mar 3,575   28.10 28.20 27.70 27.70-0.05-0.18%  
    30-Mar 6,760 2,793 189,027,195 28.40 28.50 27.50 27.75-0.45-1.60% 27.85 27.75
    27-Mar 11,428 4,448 322,064,064 27.90 28.45 27.90 28.20+0.55+1.99% 28.20 28.15
    26-Mar 5,143 2,286 142,194,988 27.10 27.90 27.10 27.65+0.05+0.18% 27.70 27.65
    25-Mar 6,962 2,899 194,603,817 28.50 28.50 27.60 27.60-0.70-2.47% 27.65 27.60
    24-Mar 10,852 4,252 305,254,005 28.05 28.45 27.85 28.30+0.10+0.35% 28.35 28.30
    23-Mar 23,927 8,614 676,971,407 28.00 28.60 27.75 28.20+0.60+2.17% 28.25 28.20
    • Source: TSE, compiled by Digitimes
    Latest sales

    NSP: Consolidated revenues, Feb 2014 - Feb 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    1,467

    (2.7%)

    (37.2%)

    2,974

    (37.5%)

    Jan-15

    1,508

    (47.6%)

    (37.8%)

    1,508

    (37.8%)

    Dec-14

    2,877

    37.3%

    19.6%

    27,581

    37.3%

    Nov-14

    2,096

    1.9%

    (10.2%)

    24,704

    39.7%

    Oct-14

    2,057

    4.8%

    (10.6%)

    22,608

    47.3%

    Sep-14

    1,964

    5%

    (13.5%)

    20,551

    57.4%

    Aug-14

    1,871

    (8.8%)

    (11.2%)

    18,587

    72.4%

    Jul-14

    2,052

    (7.1%)

    2.1%

    16,716

    92.7%

    Jun-14

    2,208

    (15.8%)

    13.9%

    14,664

    119.9%

    May-14

    2,624

    2.7%

    135.5%

    12,456

    163.4%

    Apr-14

    2,555

    1.5%

    149.8%

    9,832

    172%

    Mar-14

    2,518

    7.9%

    170.2%

    7,277

    180.8%

    Feb-14

    2,335

    (3.7%)

    178.2%

    4,759

    186.7%

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

    NSP: Consolidated revenues, 3Q13 - 3Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    5,887

    (20.3%)

    (7.9%)

    20,551

    57.4%

    2Q-14

    7,387

    1.5%

    81.3%

    14,664

    120%

    1Q-14

    7,277

    3.5%

    180.8%

    7,277

    180.8%

    4Q-13

    7,030

    10.1%

    216.1%

    20,084

    64.1%

    3Q-13

    6,388

    56.8%

    115.7%

    13,055

    30.3%

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

    Latest balance sheet and income statement

    NSP: Consolidated balance sheet, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    18,300,305

    17,094,066

    15,788,981

    14,237,031

    14,859,699

    Intangible assets

    536,440

    536,440

    530,591

    557,739

    775,260

    Non-current assets

    18,547,748

    19,705,995

    19,928,089

    20,074,970

    19,037,812

    Assets

    36,848,053

    36,800,061

    35,717,070

    34,312,001

    33,897,511

    Current liabilities

    9,437,084

    12,493,704

    10,615,478

    9,542,298

    12,642,174

    Non-current liabilities

    7,043,267

    4,054,561

    5,182,368

    5,558,962

    6,073,701

    Liabilities

    16,480,351

    16,548,265

    15,797,846

    15,101,260

    18,715,875

    Stockholders' equity

    20,367,702

    20,251,796

    19,919,224

    19,210,741

    15,181,636

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

    NSP: Consolidated income statement, 3Q13 - 3Q14 (NT$k)

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

    0

     

     

     

     

     

     

     

    Operating revenue

    5,886,514

     

    7,386,905

     

    7,277,299

     

    7,029,617

     

    6,386,387

     

    Gross profit (loss) from operations

    54,413

     

    669,037

     

    790,987

     

    631,989

     

    915,513

     

    Operating expenses

    389,063

     

    388,290

     

    422,097

     

    316,108

     

    400,703

     

    Operating income (loss)

    -118,392

     

    313,446

     

    368,890

     

    328,282

     

    502,378

     

    Non-operating expenses and losses

    -44,614

     

    65,269

     

    14,661

     

    -22,152

     

    -46,033

     

    Income from continuing operations before income tax

    -163,006

     

    378,715

     

    383,551

     

    306,130

     

    456,345

     

    Net income (loss)

    -152,842

     

    385,106

     

    384,390

     

    315,202

     

    464,671

     

    Diluted earnings per share (NT$)

    -0.2

     

    0.5

     

    0.5

     

    0.5

     

    0.9

     

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

  • Neo Solar Power full profile
2015 global AP market forecast and vendor analysis
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31-Mar-2015 markets closed

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TAIEX (TSE)9521.87+18.15+0.19% 

TSE electronic378+0.10+0.03% 

GTSM (OTC)142.07-1.74-1.21% 

OTC electronic186.81-1.50-0.8% 

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