Taipei, Monday, December 18, 2017 17:07 (GMT+8)
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Commentary: LCD panel industry still struggling - related company info
Rodney Chan, DIGITIMES, Taipei [Monday 28 January 2013]
  • AU Optronics
  • AUO turns on first 46-inch LCD TV panel from 8.5G facilities AU Optronics Corp. designs, develops, manufactures, assembles and markets flat panel displays. The Company's principal products are thin-film transistor-liquid crystal display (TFT-LCD) panels. AUO is able to offer TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches.

    The company was established in September 2001 by the merger of Acer Display Technology, Inc. and Unipac Optoelectronics Corporation.  

    In October 2006, AUO further merged with Quanta Display Inc. to create a larger TFT-LCD manufacturer with 20% of the world's large-sized TFT-LCD market, forming the company as of today.

    Its panels are used in computer products, such as notebook computers and desktop monitors; consumer electronics products, such as mobile phones, digital photo frames, digital still cameras, portable navigation display, portable digital video disc players, LCD televisions, and industrial displays.  

    The Company sells its panels primarily to original equipment manufacturing service providers or brand customers. The Company groups its business into three marketing channels: Information Technology Displays, Consumer Products Displays and Television Displays. AUO is the first TFT-LCD manufacturer in Taiwan to mass produce TFT-LCD panels by means of G3.5, G4, G5, G6,G7.5 and G8.5 fabrications, and the constructing G8.5 fab was enter mass production in the second half of 2009. In March 2008 and June 2008, the Company acquired 45% and 26% of equity interests in Verticil Electronic Corp. and Dazzo Technology Corporation, respectively.

  • Performance
    The company's stock price closed at NT$12.6 on the TSE on Friday, December 15, 2017.
    The company has reported consolidated revenues of NT$27,390 million for November 2017, representing a 0.2% drop on month and 9.4% drop on year.
    For the third quarter of 2017, the company totaled NT$87,395 million in consolidated revenues, up 3.5% sequentially and up 1.6% on year.
    Brief

    Full name: AU Optronics

    Chinese name: 友達光電股份有限公司

    Short name: AUO

    Arconym: AUO

    Stock code: 2409

    Country: Taiwan

    Tax ID: 84149738

    Market: TSE

    Established: 12 Aug 1996

    Paid in capital: NT$96.24 billion

    Listed on TSE: 8 Sep 2000

    Website: www.auo.com

  • On display
    • AUO 6-inch all-screen panel

      AUO's 6-inch full HD LTPS in-cell touch panel integrates the display driver IC and touch IC to simplify the overall module...

      Photo: Company, Sep 18.

    • AUO 13.3-inch UHD LTPS oTP

      AU Optronics (AUO) will showcase a full-range of LTPS notebook panels at Touch Taiwan 2017 September 20 to 22. The panels...

      Photo: Company, Sep 18.

    • AUO 65-inch 8K4K display

      AU Optronics (AUO) will showcase its 8K4K ultra high resolution TV display technology at Touch Taiwan 2016, a resolution...

      Photo: Company, Aug 23.

  • Latest stock
    AUO [2409] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    18-Dec 18,821 3,149 235,600,450 12.55 12.60 12.45 12.50-0.10-0.79% 12.45 12.50
    15-Dec 47,712 4,711 597,245,169 12.60 12.60 12.40 12.60+0.00+0.00% 12.55 12.60
    14-Dec 30,112 3,638 379,426,193 12.60 12.65 12.55 12.60+0.00+0.00% 12.60 12.65
    13-Dec 35,906 3,841 451,026,057 12.50 12.65 12.45 12.60+0.05+0.40% 12.55 12.60
    12-Dec 35,935 4,385 452,420,350 12.70 12.75 12.50 12.55-0.15-1.18% 12.55 12.60
    11-Dec 75,497 6,736 957,968,089 12.55 12.80 12.50 12.70+0.20+1.60% 12.70 12.75
    • Source: TSE, compiled by Digitimes
    Latest sales

    AUO: Consolidated revenues, Nov 2016 - Nov 2017 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Nov-17

    27,390

    (0.2%)

    (9.4%)

    315,185

    5.8%

    Oct-17

    27,430

    (5.6%)

    (9.9%)

    287,795

    7.5%

    Sep-17

    29,068

    (3.6%)

    (3.8%)

    260,365

    9.8%

    Aug-17

    30,144

    7%

    4.1%

    231,297

    11.7%

    Jul-17

    28,183

    (1.4%)

    5%

    201,153

    13%

    Jun-17

    28,573

    1.8%

    4%

    172,969

    14.4%

    May-17

    28,063

    1%

    4.7%

    144,396

    16.7%

    Apr-17

    27,776

    (10.6%)

    7.6%

    116,333

    20%

    Mar-17

    31,052

    6.6%

    18.2%

    88,557

    24.5%

    Feb-17

    29,136

    2.7%

    41.6%

    57,505

    28.2%

    Jan-17

    28,369

    (9%)

    16.8%

    28,369

    16.8%

    Dec-16

    31,162

    3%

    21%

    329,089

    (8.7%)

    Nov-16

    30,242

    (0.7%)

    6.2%

    297,927

    (11%)

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

    AUO: Consolidated revenues, 3Q16 - 3Q17 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-17

    87,395

    3.5%

    1.6%

    260,365

    9.8%

    2Q-17

    84,412

    (4.7%)

    5.4%

    172,969

    14.4%

    1Q-17

    88,557

    (3.6%)

    24.5%

    88,557

    24.5%

    4Q-16

    91,846

    6.8%

    10.1%

    329,089

    (8.7%)

    3Q-16

    86,017

    7.4%

    (3.7%)

    237,243

    (14.3%)

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

    Latest balance sheet and income statement

    AUO: Consolidated balance sheet, 3Q16 - 3Q17 (NT$k)

    Item

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    Current assets

    188,918,088

    181,170,121

    165,768,633

    163,346,242

    151,937,857

    Intangible assets

    13,313,504

    13,451,955

    13,464,383

    13,602,834

    14,020,842

    Non-current assets

    260,320,978

    259,973,019

    259,536,437

    266,423,009

    267,711,907

    Assets

    449,239,066

    441,143,140

    425,305,070

    429,769,251

    419,649,764

    Current liabilities

    120,647,608

    118,251,650

    109,185,564

    117,266,175

    118,778,588

    Non-current liabilities

    108,274,925

    111,746,318

    110,469,202

    112,867,894

    108,561,906

    Liabilities

    228,922,533

    229,997,968

    219,654,766

    230,134,069

    227,340,494

    Stockholders' equity

    220,316,533

    211,145,172

    205,650,304

    199,635,182

    192,309,270

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

    AUO: Consolidated income statement, 3Q16 - 3Q17 (NT$k)

    Item

    3Q-2017

    2Q-2017

    1Q-2017

    4Q-2016

    3Q-2016

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    87,395,435

     

    84,412,400

     

    88,556,816

     

    91,845,582

     

    86,017,319

     

    Operating revenue

    87,395,435

    100%

    84,412,400

    100%

    88,556,816

    100%

    91,845,582

    100%

    86,017,319

    100%

    Gross profit (loss) from operations

    15,312,500

    17.5%

    17,120,819

    20.3%

    17,432,749

    19.7%

    17,229,201

    18.8%

    11,307,959

    13.1%

    Operating expenses

    5,569,530

    6.4%

    5,444,790

    6.5%

    5,415,342

    6.1%

    5,668,782

    6.2%

    5,548,695

    6.5%

    Operating income (loss)

    9,742,970

    11.1%

    11,676,029

    13.8%

    12,017,407

    13.6%

    11,560,419

    12.6%

    5,759,264

    6.7%

    Non-operating expenses and losses

    763,683

    0.9%

    -31,970

    0%

    -67,665

    -0.1%

    -269,015

    -0.3%

    -339,580

    -0.4%

    Income from continuing operations before income tax

    10,506,653

    12%

    11,644,059

    13.8%

    11,949,742

    13.5%

    11,291,404

    12.3%

    5,419,684

    6.3%

    Net income (loss)

    8,223,807

    9.4%

    8,946,489

    10.6%

    9,434,633

    10.7%

    8,375,097

    9.1%

    4,615,612

    5.4%

    Diluted earnings per share (NT$)

    0.9

     

    1

     

    1

     

    0.9

     

    0.5

     

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

  • AU Optronics full profile
UMC
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18-Dec-2017 markets closed

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