亞都麗緻大飯店股份有限公司 (The Landis Taipei Co., Ltd.) (5703) 2024Q3 法說會簡報
Company Overview
- Company Name: 亞都麗緻大飯店股份有限公司 (The Landis Taipei Co., Ltd.)
- Stock Code: 5703
- Establishment Date: 1977年5月25日 (May 25, 1977)
- Listing Date: 1999年6月15日 (June 15, 1999)
- Paid-in Capital: 702,395,940元 (NT$702,395,940)
- Business Scope: 觀光旅館業 (Tourist hotel industry), 餐廳業 (restaurant industry), 會議室出租業 (conference room rental industry)
- Business Location: 台北市中山區民權東路二段41號 (No. 41, Section 2, Minquan East Road, Zhongshan District, Taipei City)
- Number of Employees: 167人 (不含兼職同仁) (167 people (excluding part-time staff))
Financial Highlights
Recent Five-Year Operating Revenue (NT$ Thousands)
| Year | 客房收入 (Room Revenue) | 餐飲收入 (F&B Revenue) | 其他營業收入 (Other Operating Revenue) | Total Operating Revenue (Approx.) |
|---|---|---|---|---|
| 2019 | 389,065 | 351,065 | 87,243 | 827,373 |
| 2020 | 81,179 | 228,281 | 37,633 | 347,093 |
| 2021 | 18,757 | 168,233 | 24,250 | 211,240 |
| 2022 | 39,989 | 187,868 | 24,819 | 252,676 |
| 2023 | 185,489 | 212,279 | 34,385 | 432,153 |
| 2024.01-2024.09 | 116,212 | 149,048 | 27,055 | 292,315 |
3Q2024 Consolidated Income Statement (NT$ Thousands)
| Item | 3Q2024 | 3Q2023 | YoY | 2024.01-2024.09 | 2023.01-2023.09 | YoY |
|---|---|---|---|---|---|---|
| Operating Revenue (營業收入) | 77,922 | 97,434 | -20.03% | 292,315 | 295,704 | -1.15% |
| Operating Costs (營業成本) | (60,988) | (58,659) | (200,346) | (184,527) | ||
| Gross Profit (Loss) (營業毛利(毛損)) | 16,934 | 38,775 | -56.33% | 91,969 | 111,177 | -17.28% |
| Operating Expenses (營業費用) | (32,427) | (34,398) | (104,305) | (95,727) | ||
| Operating Income (Loss) (營業利益(損失)) | (15,493) | 4,377 | -453.96% | (12,336) | 15,450 | -179.84% |
| Non-operating Income and Expenses (營業外收入及支出) | 618 | 89 | 1,580 | 1,004 | ||
| Profit (Loss) Before Tax (稅前淨利(淨損)) | (14,875) | 4,466 | -433.07% | (10,756) | 16,454 | -165.37% |
| Income Tax Benefit (Expense) (所得稅利益(費用)) | 2,879 | (1,014) | 2,079 | (3,250) | ||
| Net Profit (Loss) for the Period (本期淨利(淨損)) | (11,996) | 3,452 | -447.51% | (8,677) | 13,204 | -165.71% |
| Net Profit Attributable to Owners of Parent (歸屬於母公司業主稅後純益) | (11,996) | 3,452 | (8,677) | 13,204 | ||
| EPS (Loss per Share) (每股盈餘(虧損)) | -0.17 | 0.05 | -0.12 | 0.19 |
Business Segments
Products & Technologies
- Tien Hsiang Lo Signature Dishes:
- 蟹釀橙 (Fried Crab Meat Steamed in Orange)
- 盞蒸羊 (Steamed Tender Sliced Lamb)
- 龍井蝦仁 (Stir Fried River Shrimps with "Long Ching" Tea)
- 宋嫂魚圓羹 ("Madame Sung" Fish Soup with Fish Ball)
- 天香東坡佐三御品 (Tien Hsiang Pork "Don Po" Style served with Three Side Dishes)
- 菊花酥餅・芋頭/蓮蓉 (Chrysanthemum pastries | Taro/ Lotus Seed Paste)
- 陳醋白灼大閘蟹 (Hairy Crab with Black Vinegar)
Clients & Markets
- Visitor Arrivals in Taiwan (Past 4 Years)
- 113年1-8月累計 (Cumulative Jan-Aug 2024): Visitor arrivals: 4,969,697
- 113年8月小計 (August 2024 Subtotal): Visitor arrivals: 616,922
- August 2024 Tourism Market Overview
- Total Visitor Arrivals (August 2024): 616,922, an increase of 4.48% compared to August 2023.
- Key Source Markets (August 2024):
- 日本 (Japan): 111,759 (14.31% growth)
- 港澳 (Hong Kong & Macau): 147,276 (-8.42% decline)
- 韓國 (South Korea): 61,078 (19.81% growth)
- 中國大陸 (Mainland China): 37,092 (44.89% growth)
- 美國 (USA): 43,803 (10.69% growth)
- 新加坡 (Singapore): 22,950 (-11.36% decline)
- 馬來西亞 (Malaysia): 23,300 (-19.73% decline)
- 歐洲 (Europe): 25,798 (-0.51% decline)
- 紐澳 (New Zealand & Australia): 5,661 (-4.94% decline)
ESG / Sustainability
- Sustainability Initiatives (Environmental Policies):
- Proactively initiated hotel environmental policies in December 2023.
- Replacing single-use toiletries with large-bottle shower products.
- Encouraging guests to bring their own toothbrushes and toothpaste.
- Reducing the frequency of linen washing.
- Replacing plastic bottles with electric kettles in guest rooms.
- Restaurants encourage guests to dine in instead of taking away to reduce single-use packaging.
- Waste Management: Entrusts certified operators to handle and recycle general waste, used cooking oil, and food waste.
- Results (2022-2023): General waste decreased by 73%, food waste recycling decreased by 27.6%.
- Certification: The Landis Taipei received the Gold-level Eco-Hotel certification in 2023 due to these diverse and proactive actions.
Outlook & Strategy
- No specific numerical guidance for revenue or earnings is provided in the "Future Outlook" section. The focus is on strategic initiatives and sustainability.
Additional Data
Industry Overview - Recent Half-Year Occupancy Rate (113年 = 2024)
- Tourist Hotel Occupancy Rate (%) (觀光旅館住用率(%)):
- Jan 2024: 56.03 (+3.87 YoY)
- Feb 2024: 56.94 (-1.94 YoY)
- Mar 2024: 65.76 (+7.24 YoY)
- Apr 2024: 59.22 (-5.22 YoY)
- May 2024: 55.45 (-1.28 YoY)
- Jun 2024: 61.68 (+1.33 YoY)
- Jul 2024: 58.48 (-4.19 YoY)
- International Tourist Hotel Occupancy Rate (%) (國際觀光旅館住用率(%)):
- Jan 2024: 58.89 (+4.55 YoY)
- Feb 2024: 59.89 (-0.33 YoY)
- Mar 2024: 68.07 (+8.46 YoY)
- Apr 2024: 61.57 (-4.54 YoY)
- May 2024: 57.49 (-0.13 YoY)
- Jun 2024: 64.02 (+2.6 YoY)
- Jul 2024: 61.19 (-3.4 YoY)
- General Tourist Hotel Occupancy Rate (%) (一般觀光旅館住用率(%)):
- Jan 2024: 48.08 (+2.71 YoY)
- Feb 2024: 48.81 (-5.97 YoY)
- Mar 2024: 59.42 (+4.23 YoY)
- Apr 2024: 52.91 (-6.45 YoY)
- May 2024: 49.97 (-4.06 YoY)
- Jun 2024: 55.39 (-1.67 YoY)
- Jul 2024: 51.15 (-5.65 YoY)
Industry Overview - Average Room Rate in the Past Five Years
- Average Room Rate (NT$)
- | Year | 台灣平均房價 (Taiwan Average Room Rate) | 亞都麗緻平均房價 (Landis Taipei Average Room Rate) |
- | :------ | :-------------------------------------- | :------------------------------------------------- |
- | 2020 | ~3,600 | ~2,900 |
- | 2021 | ~3,800 | ~3,500 |
- | 2022 | ~4,200 | ~4,600 |
- | 2023 | ~4,600 | ~4,800 |
- | 2024Q2 | ~5,000 | ~4,600 |