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 |
|
|
About Sunplus
Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD),
established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player,
portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS).
Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP,
and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been
accumulating strong IP technologies on consumer and multimedia segments.
Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please
visit Sunplus website at www.sunplus.com.
Sunplus Contact
Spokesperson
Wayne Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com
Deputy Spokesperson
Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com