2005.02.01
Sunplus Announces 4Q 2004 Financial Result
Hsinchu Science Park, Taiwan, February 1st, 2005
- Sunplus Technology Co., Ltd. (TSE: 2401, FTSE:
SUPD) today announced its financial results of 2004. From
January to December in 2004, the net sales added up to NT$18,940
million, which grew 70.7% comparing with 2003. The net income
in 2004 were NT$2,738 million, which earnings per share
were NT$ 3.13 based on current 875,254.4 thousand shares
after dividend.
The net sales of 4Q'04 totaled NT$5,014 million,and product
gross margin of 4Q'04 dropped to 27.5% due to product mix
change, US dollar depreciation and product ASP decline.
The R&D expenses in 4th Quarter were 11.0% of the net
sales. The SG&A expenses in 4th Quarter were 7.6% of
the sales because higher sales commission and service charges.
The net income in 4Q'04 amounted NT$344 million, and the
earnings per share would be NT$0.39 based on the current
875,254.4 thousand shares.
(in
NT$ thousand) |
2004 |
2003 |
YoY |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
18,940,056 |
100.0% |
11,097,653 |
100.0% |
70.7% |
Gross Margin |
5,943,206 |
31.4% |
3,822,309 |
34.4% |
55.5% |
Operating Income |
2,926,528 |
15.5% |
1,978,627 |
17.8% |
47.9% |
Net Income |
2,737,691 |
14.5% |
2,006,971 |
18.1% |
36.4% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares
|
3.13 |
2.29 |
|
|
(in
NT$ thousand) |
4Q2004 |
4Q2003 |
YoY |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
5,014,302 |
100.0% |
3,761,751 |
100.0% |
+33.3% |
Gross Margin |
1,377,933 |
27.5% |
1,283,486 |
34.1% |
+7.4% |
Operating Income |
447,986 |
8.9% |
772,712 |
20.5% |
-42.0% |
Net Income |
344,125 |
6.9% |
802,381 |
21.3% |
-57.1% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares |
0.39 |
0.92 |
|
|
(in
NT$ thousand) |
4Q2004 |
3Q2004 |
QoQ |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
5,014,302 |
100.0% |
5,452,778 |
100.0% |
-8.0% |
Gross Margin |
1,377,933 |
27.5% |
1,880,965 |
34.5% |
-26.7% |
Operating Income |
447,986 |
8.9% |
1,027,189 |
18.8% |
-56.4% |
Net Income |
344,125 |
6.9% |
1,032,419 |
18.9% |
-66.7% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares |
0.39 |
1.18 |
|
|