Taipei, Sunday, February 1, 2015 03:30 (GMT+8)
mostly cloudy
Taipei
14°C
Digitimes Research: Asustek ZenFone smartphones have lower price-performance ratios than comparable models from China - related company info
Kristina Shih, DIGITIMES Research, Taipei [Friday 17 January 2014]
  • Asustek Computer
  • Performance
    The company's stock price closed at NT$334.5 on the TSE on Thursday, January 29, 2015.
    The company has reported consolidated revenues of NT$42,257 million for December 2014, representing a 13.7% drop on month and 6% increase on year.
    For the third quarter of 2014, the company totaled NT$123,916 million in consolidated revenues, up 17.8% sequentially and up 4.3% on year.
    Brief

    Full name: Asustek Computer

    Chinese name: 華碩電腦股份有限公司

    Short name: Asustek

    Stock code: 2357

    Tax ID: 23638777

    Market: TSE

    Established: 2 Apr 1990

    Paid in capital: NT$7.43 billion

    Listed on TSE: 14 Nov 1996

    Website: www.asus.com.tw

  • On display
  • Latest stock
    Asustek [2357] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    30-Jan 2,987 1,640 993,757,597 336.00 336.00 330.00 332.50-2.00-0.60% 332.50 332.00
    29-Jan 1,759   335.00 336.00 333.00 334.50-0.50-0.15%  
    28-Jan 2,299 1,670 771,482,398 338.00 340.00 333.50 335.00-4.50-1.33% 335.50 335.00
    27-Jan 2,314 1,908 778,716,778 335.00 340.00 333.00 339.50+6.50+1.95% 339.50 339.00
    26-Jan 2,643 1,853 882,159,840 335.00 336.00 332.00 333.00-2.00-0.60% 333.00 332.50
    23-Jan 4,448 3,477 1,480,918,128 330.00 335.00 329.50 335.00+8.00+2.45% 335.00 334.00
    • Source: TSE, compiled by Digitimes
    Latest sales

    Asustek: Consolidated revenues, Dec 2013 - Dec 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-14

    42,257

    (13.7%)

    6%

    477,220

    3%

    Nov-14

    48,945

    5.1%

    (0.7%)

    434,963

    2.7%

    Oct-14

    46,569

    12%

    12.2%

    386,018

    3.2%

    Sep-14

    41,574

    (1.4%)

    4.2%

    339,460

    2.1%

    Aug-14

    42,164

    4.9%

    3.1%

    297,887

    2.6%

    Jul-14

    40,190

    18.5%

    12.3%

    255,723

    2.5%

    Jun-14

    33,909

    (8%)

    0.4%

    215,530

    0.8%

    May-14

    36,845

    7%

    10.5%

    181,621

    0.9%

    Apr-14

    34,440

    (10.8%)

    5.7%

    144,775

    (1.3%)

    Mar-14

    38,629

    5.5%

    (7.2%)

    110,336

    (3.3%)

    Feb-14

    36,613

    4.3%

    13.3%

    71,707

    (1%)

    Jan-14

    35,094

    (12.1%)

    (12.5%)

    35,094

    (12.5%)

    Dec-13

    39,884

    (19.1%)

    6.2%

    463,287

    (98%)

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

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

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    123,916

    17.8%

    4.3%

    339,449

    2.1%

    2Q-14

    105,197

    (4.7%)

    5.5%

    215,533

    0.8%

    1Q-14

    110,336

    (15.6%)

    (3.3%)

    110,336

    (3.3%)

    4Q-13

    130,704

    10%

    4.5%

    463,287

    3.3%

    3Q-13

    118,810

    19.1%

    (2%)

    332,582

    2.8%

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

    Latest balance sheet and income statement

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

    Item

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    Current assets

    248,166,510

    245,662,284

    230,389,423

    238,864,019

    214,377,757

    Intangible assets

    2,102,053

    2,116,781

    2,113,109

    2,159,156

    2,206,186

    Non-current assets

    68,093,540

    69,794,249

    60,325,093

    57,208,736

    54,219,088

    Assets

    316,260,050

    315,456,533

    290,714,516

    296,072,755

    268,596,845

    Current liabilities

    158,734,879

    162,879,165

    137,590,311

    151,095,249

    133,432,673

    Non-current liabilities

    8,568,360

    8,988,998

    8,094,439

    8,006,022

    6,048,668

    Liabilities

    167,303,239

    171,868,163

    145,684,750

    159,101,271

    139,481,341

    Stockholders' equity

    148,956,811

    143,588,370

    145,029,766

    136,971,484

    129,115,504

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

    Asustek: 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

    Operating revenue

    123,915,618

     

    105,197,082

     

    110,335,999

     

    130,704,029

     

    118,809,707

     

    Gross profit (loss) from operations

    17,304,731

    14%

    15,423,551

    14.7%

    14,810,531

    13.4%

    16,571,566

    12.7%

    14,843,082

    12.5%

    Operating expenses

    11,603,772

    9.4%

    10,641,372

    10.1%

    9,770,676

    8.9%

    11,084,882

    8.5%

    9,756,998

    8.2%

    Operating income (loss)

    5,700,959

    4.6%

    4,782,179

    4.5%

    5,039,855

    4.6%

    5,486,684

    4.2%

    5,086,084

    4.3%

    Non-operating expenses and losses

    1,839,447

    1.5%

    1,583,166

    1.5%

    263,439

    0.2%

    1,841,430

    1.4%

    1,494,951

    1.3%

    Income from continuing operations before income tax

    7,540,406

    6.1%

    6,365,345

    6.1%

    5,303,294

    4.8%

    7,328,114

    5.6%

    6,581,035

    5.5%

    Net income (loss)

    5,874,795

    4.7%

    4,861,762

    4.6%

    4,422,418

    4%

    5,704,408

    4.4%

    4,971,519

    4.2%

    Diluted earnings per share (NT$)

    7.8

     

    6.4

     

    5.8

     

    7.6

     

    6.6

     

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

  • Asustek Computer full profile

2015 China IC design market forecast

RESEARCH EXTRAS | Jan 23, 10:50

Global economic growth is forecast to reach 3.8% in 2015, up from 3.3% in 2014. From the perspective of the electronics industry though, PC shipments will continue to decline, smartphone shipment growth will drop, and tablet shipments may decline. Despite the...

2015 global AP market forecast and vendor analysis

RESEARCH EXTRAS | Jan 23, 10:46

Digitimes Research estimates that total 2014 AP shipments will reach 1.52 billion units worldwide, up 19.6% from 2013, and in 2015 the global market will see shipments of 1.65 billion units, growing 8.5% on year. The slowdown is mainly due to a shrinking tablet...

Taiwan digital cameras – 4Q 2014

TAIWAN ICT | Jan 28, 10:51

Taiwan makers saw an on-year rise in DSC shipments during the fourth quarter of 2014, as driver IC shortages that had hampered their shipments in the previous quarter eased. But shipments for the entire 2014 continued to fall, and the trend of decline does not...

Taiwan notebooks – 4Q 2014

TAIWAN ICT | Jan 21, 15:53

The notebook market saw significant demand for entry-level devices whose pricing levels were comparable to those of tablets in the fourth quarter of 2014, which maintained Taiwan ODMs' overall shipments at a level comparable to that of the previous quarter. But...

China touch panel industry – 3Q 2014

CHINA TOUCH | Nov 28, 18:54

The third quarter is a traditional boom season for touch panels and therefore China-based touch panel makers saw shipments increase for all major applications.

2015 global notebook demand forecast
DIGITIMES Marketing Services
DIGITIMES Translation Services

30-Jan-2015 markets closed

 LastChange

TAIEX (TSE)9361.91-64.99-0.69% 

TSE electronic375.12-3.70-0.98% 

GTSM (OTC)139.36+0.11+0.08% 

OTC electronic181.15+0.56+0.31% 

  • 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.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.