2015年2月16日星期一

伟特机构预计其1Q15销售额将取得双位数增长


  • 伟特机构(Vitrox Corporation)目前拥有价值1,500万至1,700万令吉的视觉检测设备订单,这些设备预定于今年3月之前交付。公司认为,其1Q15销售额将录得双位数增长,公司的1Q14收入为2,280万令吉。
  • 公司表示,它正在中国、美国、韩国及墨西哥招募更多代理商,以扩大发其客户群,其中包括顶尖的跨国企业和中小型业者。目前,公司在海外有大约20家代理商为它营销产品。
  • 此外,公司披露其新的三维(3D)X光检视设备预定在2H15推出。它也正着手在峇都加湾(Batu Kawan)建造一座新厂房,这个拓展项目将分3期进行,公司第1期的投资额为8,000万令吉。新厂房将在2017年初投入运作,并将使公司的产能增加一倍。
启示:由于半导体与电子组装业的视觉检视设备的需求量增加,公司希望其2015年的增长将与上一年相若。公司也将在今年投入约2,000万令吉的资金(去年为超过1,500万令吉),来为制造领域设计与开发新的机器视觉潜在应用程序。
VITROX CORPORATION BHD (0097)
Last Price
3.100
Today's Change
+0.120 (+4.03%)
Trading Volume
1,165,100
Feb 16, 5:01pm MYT
Price (MYR)Volume11111111111111121Apr '14Jun '14Aug '14Oct '14Dec '14Feb '1511.522.533.50M1M2MTuesday, Jun 24, 2014 VITROX: 2.25 Volume: 59,300
Description of Business
The company is involved in developing and producing automated vision inspection systems and digital automated vision inspection equipment and modules.
Valuation:
1.50
Fundamental:
3.00
Volatility:
Medium
Liquidity:
271,656
Market Capitalisation:
MYR 721.91 M
Annual (TTM) Revenue:
Current P/E:
Total Assets:
Key Personalities
  • Chairman: DATO' SERI KIEW KWONG SEN
  • MD/CEO: CHU JENN WENG
Substantial Shareholders*
CHU JENN WENG29.54%
SIAW KOK TONG21.14%
YEOH SHIH HOONG11.26%
*as at latest annual report date

Vitrox bullish about first quarter

Monday, 16 February 2015

Vitrox CEO Chu Jenn Weng.
Vitrox CEO Chu Jenn Weng.
 
Vision inspection equipment firm sees double-digit sales growth
GEORGE TOWN: Vitrox Corp Bhd has orders in hand of RM15mil to RM17mil worth of vision inspection equipment to deliver by next month.
Group chief executive officer Chu Jenn Weng (pic) said these orders were placed last month and have yet to be shipped out, but would be delivered by March.
“We believed that for this first quarter, our performance will register a double-digit percentage growth in sales compared to a year ago corresponding period, which achieved a sales revenue of RM22.8mil.
“We are also aiming for a double digit percentage growth in sales for 2015 in view of the increased in demand for vision inspection equipment for the semiconductor and electronics assembly industry,” Chu said.
Chu said Vitrox was getting more agents to be based in China, the United States, South Korea and Mexico to expand its customer base, which includes the top multinational corporations and the small and medium players.
Vitrox presently has about 20 agents to market its products overseas.
The group is now developing the next generation of the tray vision inspection equipment and the new 3-D advanced X-ray inspection equipment, according to Chu.
“The tray vision inspection equipment will be out in the market by the second quarter, while the 3-D advanced X-ray inspection equipment is scheduled to be released in the second half,” he said.
The group currently has about RM60mil in cash which will be utilised as working capital to partially fund the group’s expansion project in Batu Kawan, Seberang Prai.
“Vitrox will invest RM80mil in the first phase of the plant on a 20-acre site. The plant which will be operational in early 2017 will double the production capacity of the present facility.
“There will be three phases for the new facility in Batu Kawan,” he said.
On the higher cost of importing electronic components due to the weaker ringgit compared to the US dollar, Chu said the group imported only about 30% of the raw materials used for its equipment.
“Our earnings in greenback also helps to cushion the impact of a weakened ringgit,” he added.
Chu said the group’s book-to-bill ratio for January 2015 was 1.05.
“This means that for every dollar we billed, we received US$1.05 of orders,” Chu explained.
Vitrox will invest about RM20mil this year, compared with over RM15mil last year, for design and development activities to develop new machine vision potential applications for the manufacturing sector.