Taipei, Sunday, March 26, 2017 23:00 (GMT+8)
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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$14.9 on the TSE on Thursday, March 23, 2017.
    The company has reported consolidated revenues of NT$735 million for February 2017, representing a 4% drop on month and 57.6% drop on year.
    For the third quarter of 2016, the company totaled NT$2,979 million in consolidated revenues, down 33.9% sequentially and down 46.7% 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$8.58 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
    24-Mar 5,334 1,541 78,538,633 14.90 15.00 14.55 14.60-0.30-2.01% 14.60 14.65
    23-Mar 4,304 1,639 64,556,734 14.85 15.15 14.80 14.90+0.05+0.34% 14.90 14.95
    22-Mar 10,732 3,216 157,146,945 14.65 14.85 14.20 14.85-0.45-2.94% 14.80 14.85
    21-Mar 2,276 832 34,912,200 15.45 15.45 15.20 15.30+0.00+0.00% 15.25 15.30
    20-Mar 2,783 986 42,727,670 15.55 15.55 15.25 15.30-0.20-1.29% 15.30 15.35
    17-Mar 8,922 2,193 137,705,879 15.15 15.55 15.10 15.50+0.40+2.65% 15.45 15.50
    • Source: TSE, compiled by Digitimes
    Latest sales

    NSP: Consolidated revenues, Feb 2016 - Feb 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-17

    735

    (4%)

    (57.6%)

    1,501

    (60.8%)

    Jan-17

    766

    (34.3%)

    (63.4%)

    766

    (63.4%)

    Dec-16

    1,166

    29.8%

    (55.8%)

    16,576

    (25.4%)

    Nov-16

    898

    (20%)

    (54.2%)

    15,410

    (21.3%)

    Oct-16

    1,123

    8.2%

    (53.4%)

    14,512

    (17.6%)

    Sep-16

    1,038

    64.2%

    (45.2%)

    13,389

    (11.9%)

    Aug-16

    632

    (51.7%)

    (68%)

    12,350

    (7.2%)

    Jul-16

    1,308

    4.1%

    (23.7%)

    11,718

    3.4%

    Jun-16

    1,257

    (26.1%)

    (30.5%)

    10,410

    8.2%

    May-16

    1,701

    9.9%

    4.7%

    9,153

    17.2%

    Apr-16

    1,547

    (25.6%)

    (0.7%)

    7,453

    20.5%

    Mar-16

    2,078

    19.8%

    25.5%

    5,906

    27.5%

    Feb-16

    1,735

    (17.1%)

    18.3%

    3,828

    28.7%

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

    NSP: Consolidated revenues, 3Q15 - 3Q16 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-16

    2,979

    (33.9%)

    (46.7%)

    13,387

    (12%)

    2Q-16

    4,504

    (23.7%)

    (9.7%)

    10,408

    8.2%

    1Q-16

    5,904

    (15.8%)

    27.5%

    5,904

    27.5%

    4Q-15

    7,011

    25.5%

    (0.3%)

    22,214

    (19.5%)

    3Q-15

    5,586

    12%

    (5.1%)

    15,204

    (26%)

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

    Latest balance sheet and income statement

    NSP: Consolidated balance sheet, 3Q15 - 3Q16 (NT$k)

    Item

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    3Q-2015

    Current assets

    19,571,657

    21,649,540

    19,037,140

    19,301,990

    20,541,675

    Intangible assets

    610,040

    617,983

    618,952

    620,471

    531,324

    Non-current assets

    18,122,246

    18,446,268

    19,521,752

    19,799,509

    17,935,822

    Assets

    37,693,903

    40,095,808

    38,558,892

    39,101,499

    38,477,497

    Current liabilities

    13,160,430

    10,432,648

    11,681,363

    12,623,827

    12,940,928

    Non-current liabilities

    4,268,802

    7,386,859

    5,912,467

    6,121,822

    5,252,636

    Liabilities

    17,429,232

    17,819,507

    17,593,830

    18,745,649

    18,193,564

    Stockholders' equity

    20,264,671

    22,276,301

    20,965,062

    20,355,850

    20,283,933

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

    NSP: Consolidated income statement, 3Q15 - 3Q16 (NT$k)

    Item

    3Q-2016

    2Q-2016

    1Q-2016

    4Q-2015

    3Q-2015

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

     

     

    4,503,893

     

    5,903,908

     

    0

     

     

     

    Operating revenue

    2,979,103

    66.1%

    4,503,893

    100%

    5,903,908

    100%

    7,010,877

     

    5,585,822

    187.5%

    Gross profit (loss) from operations

    -1,278,061

    -28.4%

    -382,021

    -8.5%

    737,308

    12.5%

    610,825

    8.7%

    275,478

    9.2%

    Operating expenses

    472,323

    10.5%

    468,456

    10.4%

    594,460

    10.1%

    460,494

    6.6%

    551,739

    18.5%

    Operating income (loss)

    -1,786,351

    -39.7%

    -990,936

    -22%

    156,989

    2.7%

    153,608

    2.2%

    -279,906

    -9.4%

    Non-operating expenses and losses

    -89,283

    -2%

    65,748

    1.5%

    -52,692

    -0.9%

    -49,018

    -0.7%

    -95,621

    -3.2%

    Income from continuing operations before income tax

    -1,875,634

    -41.6%

    -925,188

    -20.5%

    104,297

    1.8%

    104,590

    1.5%

    -375,527

    -12.6%

    Net income (loss)

    -1,873,802

    -41.6%

    -942,189

    -20.9%

    108,514

    1.8%

    108,296

    1.5%

    -370,615

    -12.4%

    Diluted earnings per share (NT$)

    -1.9

     

    -1

     

    0.1

     

    0.2

     

    -0.4

     

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

  • Neo Solar Power full profile
UMC
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24-Mar-2017 markets closed

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TAIEX (TSE)9902.98-27.76-0.28% 

TSE electronic403.15-1.62-0.4% 

GTSM (OTC)137.26-0.40-0.29% 

OTC electronic192.91-1.34-0.69% 

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