Actron Technology (8255.TT) 2024Q2 法說會簡報
Company Overview
- Company Name: Actron Technology
- Stock Code: 8255.TT
- Event: Investor Conference
- Date: June 14, 2024
Management Team
- Speakers:
- 吳憲忠 George Wu: President / Spokesperson
- 黃錫欽 Jason Huang: VP of Sales & Marketing / Deputy Spokesperson
- 鍾曉瑩 Mia Chung: Special assistance / Investor Relations
Agenda
- Financial Highlight
- Global Automobile Sales
- Q & A
Financial Highlights
Statements of Comprehensive Income (Unit: NT$ Million)
| Item | 1Q2024 Amount | 1Q2024 % | 4Q2023 Amount | 4Q2023 % | 1Q2023 Amount | 1Q2023 % | 1Q24 Over 4Q23 (%) | 1Q24 Over 1Q23 (%) |
|---|---|---|---|---|---|---|---|---|
| Net operating revenue | 1,760 | 100 | 1,625 | 100 | 1,127 | 100 | 8.31% | 56.17% |
| Operating costs | 1,299 | 74 | 1,227 | 76 | 806 | 72 | 5.87% | 61.17% |
| Gross profit | 461 | 26 | 398 | 24 | 321 | 28 | 15.82% | 43.61% |
| Operating expenses | 339 | 19 | 345 | 21 | 194 | 17 | -1.87% | 74.74% |
| Operating income | 122 | 7 | 53 | 3 | 127 | 11 | 132.20% | -3.94% |
| Non-operating income and expenses | 133 | 7 | (46) | 3 | 7 | 1 | 188.17% | 1800.00% |
| Profit before tax | 255 | 14 | 6 | - | 134 | 12 | 3892.48% | 90.30% |
| Net profit attributable to: Owners of the parent company | 225 | 13 | 103 | 6 | 114 | 13 | 119.24% | 97.37% |
| EPS(NT$) | 2.22 | 0.55 | 1.25 | 303.64% | 77.60% |
Business Segments
Quarterly Revenue (Unit: NT$M)
- 2023:
- 1Q: 1,128
- 2Q: 1,282
- 3Q: 1,614
- 4Q: 1,625
- 2024:
- 1Q: 1,760
Sales Contribution by Products
- Product Categories: DIODE, LLD, ULLD, xEV
- 2023 Sales Contribution:
- DIODE: 35%
- LLD: 36%
- ULLD: 15%
- xEV: 14%
- 2024 Q1 Sales Contribution:
- DIODE: 29%
- LLD: 35%
- ULLD: 20%
- xEV: 16%
Products & Technologies
Actron Power Device Solution for EV
Actron xEV Power Modules Solution
- Certification: AQG-324
- Products:
- Inverter (6-in-1 Power Module):
- 750V, IGBT, 820A (Si)
- 1200V, IGBT, 380A (Si)
- MOSFET, 2mΩ (SiC)
- Inverter (2-in-1 Power Module):
- 1200V, IGBT, 450A (Si)
- MOSFET, 2mΩ (SiC)
- Inverter (6-in-1 Power Module):
Actron xEV Power Discretes Solution
- Certification: AEC-Q101
- Products (for OBC, Converter, PSU applications):
- 650V Components:
- IGBT (Si): 80A
- Diode (SiC): 10A, 20A, 30A, 40A
- 1200V Components:
- IGBT (Si): 15A, 25A, 40A
- MOSFET (SiC): 30mΩ, 40mΩ, 80mΩ, 160mΩ
- Diode (SiC): 10A, 20A, 30A, 40A
- 650V Components:
- Package Types (Molding Type):
- TO-247-3
- TO-247-4
- TO-220-2
- TO-220-3
- TO-263-3
- TO-263-7
Clients & Markets
Global Automobile Sales (Unit: Million vehicles)
- Trend: The "Best Case" forecast indicates global automobile sales reaching approximately 90M in 2023/2024 and growing to over 110M by 2030.
- Regions: US, Rest of North America, Europe, China, Japan, Rest of APAC & Oceania, South America, MEA.
- Source: Automotive Logistics
Electric Vehicle Sales Continue to Grow
- Forecasted 2024(F) Sales Contribution by Products:
- DIODE: 25%
- LLD: 25%
- ULLD: 24%
- xEV: 26%
- EV Sales by Region (Historical 2017-2022, Forecasted 2023*, 2024*):
- 中國 (China)
- 歐洲 (Europe)
- 北美 (North America)
- 南韓 (South Korea)
- 日本 (Japan)
- 其他地區 (Other Regions)
- Source: 資訊來源: bloomberg (Information Source: Bloomberg)
Outlook & Strategy
Future Outlook
- Forecast: Global automobile sales are expected to reach 90M in 2023/2024 and grow to over 110M by 2030.
Additional Data
Key Terminology:
- IGBT: Insulated Gate Bipolar Transistor
- MOSFET: Metal-Oxide-Semiconductor Field-Effect Transistor
- Si: Silicon
- SiC: Silicon Carbide
- xEV: Electrified Vehicle (encompassing BEV, PHEV, HEV)
- OBC: On-Board Charger
- PSU: Power Supply Unit