聯華實業控股股份有限公司 (Lien Hwa Industrial Holdings Corporation) 2025 Q1 法說會簡報
Company Overview
- Company Name: 聯華實業控股股份有限公司 (Lien Hwa Industrial Holdings Corporation)
- Website: https://www.lhicholdings.com/
- Customer Service Email: info@lhic.com.tw
Business Segments
- 麵食事業(台灣大陸) (Flour Business (Taiwan & Mainland China))
- 資訊整合 (Information Integration)
- 股利收入(神通) (Dividend Income (SYNNEX))
- 租賃事業(台灣大陸) (Leasing Business (Taiwan & Mainland China))
- 食品通路 (Food Channels)
- 新能源 (New Energy)
Associated Companies
- 聯華氣體 (Lien Hwa Industrial Gases)
- 聯成化科 (Union Petrochemical Corp.)
Financial Highlights
Consolidated Revenue Trend (合併營收趨勢)
- Unit: 新台幣百萬元 (NTD Millions) | 年度 | 合併營收 | 麵食事業 | 資訊整合 | 股利收入 | 租賃事業 | 食品通路 | |------------|----------|----------|----------|----------|----------|----------| | 2020 (109) | 9,544 | 43% | 41% | 8% | 4% | 4% | | 2021 (110) | 11,323 | 42% | 42% | 9% | 3% | 4% | | 2022 (111) | 12,326 | 47% | 34% | 13% | 3% | 3% | | 2023 (112) | 13,598 | 43% | 44% | 8% | 3% | 1% | | 2024 (113) | 12,947 | 43% | 44% | 8% | 3% | 1% |
Profitability (獲利狀況)
- Net Profit (淨利) and EPS (每股盈餘)
| 年度 | 淨利 (億元) | EPS (元) | |------------|-------------|----------| | 2020 (109) | 30.99 | 2.21 | | 2021 (110) | 40.89 | 2.78 | | 2022 (111) | 38.71 | 2.45 | | 2023 (112) | 41.58 | 2.44 | | 2024 (113) | 41.91 | 2.46 |
Shareholder Investment Benefits (股東投資效益)
- P/E Ratio (本益比), P/B Ratio (本利比), Average Closing Price (收盤平均價)
| 年度 | 本益比 | 本利比 | 平均收盤價 | |------------|--------|--------|------------| | 2020 (109) | 16.5 | 23.5 | 40.77 | | 2021 (110) | 16.9 | 28.1 | 50.71 | | 2022 (111) | 21.1 | 42.9 | 56.7 | | 2023 (112) | 22.8 | 46.9 | 61.27 | | 2024 (113) | 25.4 | 49.1 | 63.69 |
Recent Performance and Results
Consolidated Revenue & Operating Profit (合併營收及營業淨利)
- Unit: 新台幣佰萬元 (NTD Millions) | 季度 | 營業收入 | 營業淨利 | |------------|----------|----------| | 2023Q4 | 4,312 | 128 | | 2024Q1 | 3,051 | 225 | | 2024Q2 | 3,939 | 841 | | 2024Q3 | 2,784 | 69 | | 2024Q4 | 3,173 | 197 | | 2025Q1 | 2,426 | 67 |
Revenue Share by Business Segment (各事業營收占比)
- Unit: 新台幣佰萬元 (NTD Millions)
2025Q1
Consolidated Revenue: 2,422 NTD Millions
| 事業分部 | 營收金額 | 占比 |
|---|---|---|
| 麵粉事業 | 1,272 | 53% |
| 資訊整合 | 1,043 | 43% |
| 租賃事業 | 96 | 4% |
| 股利收入 | 6 | <1% |
| 新能源 | 6 | <1% |
2024Q1
Consolidated Revenue: 3,051 NTD Millions
| 事業分部 | 營收金額 | 占比 |
|---|---|---|
| 麵粉事業 | 1,450 | 48% |
| 資訊整合 | 1,288 | 42% |
| 股利收入 | 168 | 5% |
| 食品通路 | 51 | 2% |
| 租賃事業 | 91 | 3% |
| 新能源 | 3 | <1% |
Non-Operating Income/Expenses (營業外收支)
Share of Profit/Loss of Associates and Joint Ventures
| 季度 | 總額 | 聯華氣體 | 聯成化科 | 其他 |
|---|---|---|---|---|
| 2023Q4 | 738 | 797 | -62 | 3 |
| 2024Q1 | 822 | 1,065 | -253 | 11 |
| 2024Q2 | 825 | 1,007 | -191 | 9 |
| 2024Q3 | 629 | 855 | -229 | 3 |
| 2024Q4 | 886 | 976 | -90 | 1 |
| 2025Q1 | 901 | 993 | -94 | 2 |
Other Income/Expenses
| 季度 | 金額 |
|---|---|
| 2023Q4 | -53 |
| 2024Q1 | 188 |
| 2024Q2 | 238 |
| 2024Q3 | 149 |
| 2024Q4 | -5 |
| 2025Q1 | -11 |
Total Non-Operating Income
| 季度 | 金額 |
|---|---|
| 2023Q4 | 685 |
| 2024Q1 | 1,011 |
| 2024Q2 | 1,063 |
| 2024Q3 | 778 |
| 2024Q4 | 881 |
| 2025Q1 | 890 |
Consolidated Net Income After Tax & EPS
| 季度 | 稅後淨利 | EPS (元) |
|---|---|---|
| 2023Q4 | 770 | 0.40 |
| 2024Q1 | 1,205 | 0.65 |
| 2024Q2 | 1,849 | 0.79 |
| 2024Q3 | 780 | 0.44 |
| 2024Q4 | 1,033 | 0.58 |
| 2025Q1 | 928 | 0.55 |
Future Outlook and Guidance
- No specific numerical guidance or future outlook statements were provided.
Strategic Initiatives and Plans
- Not detailed in the presentation.
Products, Services & Technology
Services/Offerings
- 麵粉事業 (Flour Business): Production and sale of flour products.
- 資訊整合 (Information Integration): IT services or solutions.
- 租賃事業 (Leasing Business): Asset leasing services.
- 食品通路 (Food Channels): Distribution or retail channels for food products.
- 新能源 (New Energy): Likely involvement in hydrogen energy projects.
Industry-specific Terminology
- "HYDROGEN" mentioned, implying involvement in hydrogen energy within 新能源 (New Energy).
Disclaimer
- Forecasts are based on current expectations and predictions of future events. Actual results may differ due to risks, uncertainties, and unanticipated factors.