xf187兴发官网

Home > About WPG Korea > WPG Holdings News

WPG (TSE:3702) Reports Its Consolidated Sales of Third Quarter Grew 9% QoQ, Net Income of Third Quarter Grew 9.6% QoQ, EPS was NT$1.06; YTD EPS was NT$2.81

20191030

WPG (TSE:3702) Reports Its Consolidated Sales of Third Quarter Grew 9% QoQ, Net Income of Third Quarter Grew 9.6% QoQ, EPS was NT$1.06; YTD EPS was NT$2.81

 

2019/10/30

 

Contributed from steady growth in core products such as 3C and benefited from growing shipments of CPU, start shipping of 5G related components, incoming hot season of mobile phone and supply chain inventory returned to normal, WPG, the largest distributor of semiconductor components in Asia announces its third quarter consolidated sales of NT$140.821 billion, represented 9% growth quarter over quarter. Operating income of NT$2.567 billion, net income of NT$1.785 billion, represented 9.6% growth quarter over quarter. EPS was NT$1.06. YTD consolidated sales and net income was NT$381.829 billion and NT$4.718 billion respectively. YTD EPS was NT$2.81.

Third quarter 2019 key financial indices: Return on Working Capital (ROWC) and ROE was 9% and 12% respectively.

Driven by 5G start becoming operational and IoE, smart city, smart home and IoT related, 66 application solutions were provided in the fields of Power (29), Automotive (11), Smart City (6), Smart Home (5), Lighting (5), Industrial (5), Wearable Devices (4), USB (1) focusing on applications of 500W FOC motor controller / 65W USB Type-C PD ACDC adapter / visual algorithm for face recognition development / TWS Bluetooth speaker / LED driver with high efficiency 50W light engine / UPS 400 V DC-BUS / automatic pairing TWS Headphone/Display Port video Converter on Type-C.


 

 

Table: WPG Holdings Consolidated Management Financials for nine months ended September 30, 2019. (In brief)

Units:NT$million

Income Statement

(nine months ended September 30, 2019)

 

Balance Sheet

(September 30, 2019)

Item

Amount

 

Item

Amount

Operating revenues

381,829

 

Current Assets

203,638

Cost of Goods Sold

(365,188)

 

Accounts receivables

107,960

Gross Profit

16,640

 

Inventories

70,279

Operating Expenses

(9,425)

 

Other assets

16,344

Operating income

7,215

 

Total Assets

219,983

Non-op Expenses

(1,146)

 

Current Liabilities

144,851

Profit Before Tax

6,070

 

Current Borrowing

68,091

Tax

(1,317)

 

Accounts payables

64,122

Minority & Others

(35)

 

LT Liabilities

7,645

Profit After tax

4,718

 

Total Liabilities

154,693

EPS (Note1)

2.81

 

Stock

18,791

Net book value per share (Note 1)

32.93

 

Total Equity

65,290

Note1:Based on weighted average outstanding common shares.

 

Cash flows

(nine months ended September 30, 2019)

Item

Amount

Income before Income Tax

6,070

Change in NWC

(4,316)

Operating cash inflow /(outflow)

(2,770)

Investment cash inflow /(outflow)

(161)

Change in Financial Debt

(300)

Cash Dividends

(4,533)

Preferred Shares

9,995

Financing cash inflow /(outflow)

5,163

Cumulative translation adjustments

251

Net Cash

2,483

Beginning cash balance

7,117

Ending cash balance

9,600

 

IR contacts:Cliff Yuan/ Zoe Peng

Tel:886-2-7712-5268 / 886-2-7712-5262

Email address:  ir@huidefeng.net

Corporate website:  www.huidefeng.net

Contact