Qisda Corporation (2352) 2024 Q4 法說會簡報

Company Overview

Qisda Corporation is a global technology group founded in 1984 and listed in Taiwan in 1996. The company has a capital stock of NTD 19.3 billion and approximately 26,000 employees. Qisda has a global presence with manufacturing bases in Taiwan, China, and Vietnam, and sales and services in over 200 locations worldwide.

Financial Highlights

Q4 2024 Summary

• Revenue: NTD 54.1 billion, a new high for a single quarter in nearly two years.
• Gross Margin: 16.3%, exceeding 16% for seven consecutive quarters and setting a new 20-year high.
• Operating Profit: NTD 1.17 billion, an increase of NTD 0.3 billion year-over-year.
• Net Profit Attributable to Parent Company: NTD 0.19 billion, a decrease of NTD 0.24 billion year-over-year.
• EPS: NTD 0.10, a decrease of NTD 0.12 year-over-year.

Full Year 2024 Summary

• Gross Margin: 16.5%, exceeding 16% for two consecutive years and setting a new 20-year high.
• Revenue: NTD 201.7 billion, a decrease of NTD 1.9 billion year-over-year.
• Operating Profit: NTD 4.52 billion, a decrease of NTD 0.49 billion year-over-year.
• EPS: NTD 1.11, a decrease of NTD 0.41 year-over-year.

Business Segments

Qisda Group's business segments include:

• IT: NTD 110.5 billion (48% of total revenue), with products such as displays, projectors, and high-value-added IT solutions.
• Medical: NTD 26.3 billion (13% of total revenue), with services such as medical services, equipment, and consumables.
• Smart Solutions: NTD 31.2 billion (15% of total revenue), with solutions such as enterprise IT intelligence, enterprise OT intelligence, and OMO online-merge-offline integrated services.
• Network Communication: NTD 21.4 billion (11% of total revenue), with products such as regional metropolitan networks, wireless broadband networks, and digital multimedia networks.
• Others: NTD 12.3 billion (6% of total revenue), with products such as materials and other products.

Products & Technologies

Qisda's products and technologies include:

• Displays: gaming monitors, high-end displays, and general displays.
• Projectors: various types of projectors.
• High-value-added IT solutions: professional display modules, interconnected system solutions, and more.
• Medical equipment and consumables: operating tables, surgical lights, ultrasound, hearing aids, and more.
• Smart solutions: AI computing, cybersecurity, cloud-edge integration, digital transformation, and more.
• Network communication products: data center switches, small cells, wireless routers, and more.

Clients & Markets

Qisda's clients and markets include:

• Global technology companies.
• Healthcare providers.
• Enterprises and organizations.
• Consumers.

ESG / Sustainability

Qisda has received various awards and honors for its sustainability efforts, including:

• TSAA Taiwan Sustainable Action Awards.
• S&P Global Sustainability Yearbook.
• Association for Talent Development (ATD) Excellence in Learning Organization Award.
• HR Asia Best Companies to Work for in Asia.
• FinanceAsia Best Technology Company in Asia and Best Investor Relations in Taiwan.

Outlook & Strategy

Qisda's outlook and strategy for 2025 include:

• Focusing on high-end display segments and promoting the development of small and medium-sized niche high-end displays.
• Expanding into emerging markets and growing revenue momentum.
• Implementing "dual engines" of medicine and pharmaceuticals and expanding channel layout.
• Transforming customer services with advanced smart solutions and enhancing product intelligent integration.

Additional Data

Note: The data is based on the provided information and may not reflect the company's current situation.