Global Lighting Technologies Inc. (4935.TW) 2025 Q1 法說會簡報
- 時間: 2025.05.09
公司簡介 (Company Overview)
- 設立日期: 2000.07.28
- IPO 日期: 2011.07.28
- 公司代號: 4935 (4935.TW)
- 資本額: 1,288,640,910 NTD
- 員工人數: 1,200+ 人
- 主要產品: 導光板製造 (Light Guide Plate Manufacturing)
組織概述 (Organization Overview)
- 全球據點:
- Cleveland, Ohio: 2000年設立
- Suzhou, China: 2004年設立
- Shanghai, China: 1993年設立
- HaNam, Vietnam: 2023年設立
- Zhongshan, China: 2011年設立
- Tongluo, Taiwan: 2013年設立
- Zhongli, Taiwan: 2000年設立
- Chon Buri, Thailand: 2024年設立
- Tokyo, Japan (Office/Presence indicated on map)
財務亮點與近期表現 (Financial Highlights & Recent Performance)
2024 合併綜合損益表 (2024 Consolidated Income Statement)
| 項目 (Item) | 金額 (2024) | % (2024) | 金額 (2023) | % (2023) | YoY % |
|---|---|---|---|---|---|
| 營業收入 (Revenue) | 6,946,030 | 100% | 5,939,876 | 100% | 17% |
| 營業毛利 (Gross Profit) | 1,085,345 | 16% | 881,215 | 15% | 23% |
| 營業費用 (Operating Expenses) | 782,482 | 11% | 697,488 | 12% | 12% |
| 營業淨利 (Operating Income) | 302,863 | 5% | 183,727 | 3% | 65% |
| 營業外收入及支出 (Non-operating Income & Expenses) | 216,983 | 3% | 221,851 | 4% | -2% |
| 稅前利益 (Income Before Tax) | 519,846 | 8% | 405,578 | 7% | 28% |
| 稅後純益 (Net Income After Tax) | 528,935 | 8% | 331,402 | 6% | 60% |
| 稅後每股盈餘 (EPS After Tax) | 4.10 | 2.57 |
1Q25 合併綜合損益表 (1Q25 Consolidated Income Statement)
| 項目 (Item) | 金額 (1Q25) | % (1Q25) | 金額 (1Q24) | % (1Q24) | YoY % |
|---|---|---|---|---|---|
| 營業收入 (Revenue) | 1,392,504 | 100% | 1,407,650 | 100% | -1% |
| 營業毛利 (Gross Profit) | 182,797 | 13% | 230,214 | 16% | -21% |
| 營業費用 (Operating Expenses) | 180,399 | 13% | 178,668 | 13% | 1% |
| 營業淨利 (Operating Income) | 2,398 | 0% | 51,546 | 3% | -95% |
| 營業外收入及支出 (Non-operating Income & Expenses) | 47,823 | 3% | 80,629 | 6% | -41% |
| 稅前利益 (Income Before Tax) | 50,221 | 3% | 132,175 | 9% | -62% |
| 稅後純益 (Net Income After Tax) | 47,506 | 3% | 128,980 | 9% | -63% |
| 稅後每股盈餘 (EPS After Tax) | 0.37 | 1.00 |
營收及毛利趨勢分析 (Revenue & Gross Profit Trend Analysis)
| 期間 (Period) | 營業收入 (Revenue) | 毛利率 (Gross Profit Margin) |
|---|---|---|
| 4Q23 | 1,558,385 | 16% |
| 1Q24 | 1,407,650 | 16% |
| 2Q24 | 1,807,614 | 18% |
| 3Q24 | 1,966,420 | 15% |
| 4Q24 | 1,764,346 | 14% |
| 1Q25 | 1,392,504 | 13% |
產品銷售結構 (Product Sales Structure)
| 產品類別 (Product Category) | 1Q25 (%) | 2024 (%) | 2023 (%) |
|---|---|---|---|
| Consumer | 18% | 19% | 21% |
| Display | 3% | 5% | 6% |
| IT | 62% | 63% | 63% |
| Wearable | 17% | 13% | 11% |
| 總營收 (Total Revenue) | 1,392,504 | 6,946,030 | 5,939,876 |
未來展望與指引 (Future Outlook & Guidance)
資本支出 (Capital Expenditure)
| 年度 (Year) | 金額 (Amount) |
|---|---|
| 2020 | 394 |
| 2021 | 226 |
| 2022 | 92 |
| 2023 | 101 |
| 2024 | 424 |
| 2025(F) | 850 (Forecast) |
越南投資進度 (Vietnam Investment Progress)
- 2023Q1: 廠址確認 (Site Confirmation)
- 2023Q3: 越南子公司設立 (Vietnam Subsidiary Establishment)
- 2024Q1: 啟動建廠 (Factory Construction Commenced)
- 2025Q2: 建廠完成 (Factory Construction Completed)
- 2025Q3: 試量產 (Pilot Production)
營運策略與計劃 (Strategic Initiatives & Plans)
-
強化智能化生產技術 (Strengthen Intelligent Production Technology)
- 自動化生產、檢測 (Automated production, inspection)
- 目標: 增強產能調整的彈性 (Enhance flexibility in capacity adjustment)
-
拓展非顯示相關產品的市場 (Expand Market for Non-Display Related Products)
- 穿戴產品、生技醫療相關產品 (Wearable products, biotech and medical related products)
- 目標: 延伸精密製造的應用 (Extend applications of precision manufacturing)
-
提升現有產品的規格 (Enhance Specifications of Existing Products)
- 精度升級、降低耗能 (Precision upgrade, lower energy consumption)
- 目標: 鞏固客戶合作關係 (Consolidate customer relationships)
股利政策 (Dividend Policy)
| 年度 (Year) | 每股盈餘 (EPS) | 股利 (Dividend) | 配息率 (Payout Ratio) |
|---|---|---|---|
| 2015 | 6.67 | 3.5 | 52% |
| 2016 | 6.05 | 3 | 50% |
| 2017 | 2.07 | 1 | 48% |
| 2018 | 1.29 | 0.8 | 62% |
| 2019 | 2.63 | 1.5 | 57% |
| 2020 | 10.35 | 5.5 | 53% |
| 2021 | 9.74 | 5 | 51% |
| 2022 | 8.05 | 4 | 50% |
| 2023 | 2.57 | 1.5 | 58% |
| 2024 | 4.10 | 2.2 | 58% |