Group Up Industrial Co., Ltd. (群翊工業公司) 2025Q1 法說會簡報

Company Overview

Group Up Industrial Co., Ltd. was established in January 1990. The company's paid-in capital in Taiwan is NT$600 million, and in Mainland China, it is US$10 million. In 2024, the company's revenue was NT$2.4 billion. Group Up has two factories: one in Yangmei with 260 employees and another in Suzhou with 140 employees. The company's slogan is "STAY AHEAD IN THE MARKET."

Financial Highlights

The company's financial highlights include:

• Total assets: NT$8,579,732 (2024), NT$7,171,883 (2023)
• Total liabilities: NT$4,696,347 (2024), NT$4,190,957 (2023)
• Total stockholders and equity: NT$3,883,385 (2024), NT$2,980,926 (2023)
• Net value per share: NT$64.51 (2024), NT$51.41 (2023)
• Operating revenues: NT$2,497,759 (2024), NT$2,432,621 (2023)
• Operating gains: NT$930,120 (2024), NT$700,082 (2023)
• Gains before tax: NT$1,241,249 (2024), NT$890,357 (2023)
• Basic earnings per share: NT$16.97 (2024), NT$12.65 (2023)

Business Segments

Group Up's business segments include:

• Coating equipment
• Lamination equipment
• Curing/drying equipment
• Integrated systems

Products & Technologies

The company's products and technologies include:

• Image processing integration
• Automatization integration
• Solar power system components (TSEC TS60-AMH-370H1 solar modules, Delta M70A_263 inverters, AUO intelligent digital monitoring module system)

Clients & Markets

Group Up's clients and markets include:

• Printed circuit board (PCB) manufacturing
• Advanced packaging
• AI integration
• High-performance computing (HPC)
• Low Earth orbit (LEO) satellite PCBs

ESG / Sustainability

The company has implemented a rooftop solar power generation system in two phases, with a total installed capacity of 704.85KW. The system has generated 877.09MWh of electricity and reduced CO2 emissions by 371.24 metric tons.

Outlook & Strategy

Group Up's outlook and strategy include:

• Market expansion through participation in domestic and international exhibitions
• Technology leadership in drying, lamination, and coating processes
• R&D investment with a high R&D personnel ratio
• ESG and sustainability initiatives, including the implementation of rooftop solar power generation systems

Additional Data

Additional data includes:

• PCB market QOQ and YoY growth (Prismark estimate)
• Fab equipment spending (US$ billion)
• Advanced packaging revenues trend (2025-2029)
• Key charts, graphs, and data points for the company's financial performance and industry trends.