愛普科技股份有限公司 (AP Memory) 2024年第一季法人說明會 (Q1 2024 Investor Conference)
公司概覽與重要資訊
- 公司名稱：愛普科技股份有限公司 (AP Memory)
- 活動：2024年第一季法人說明會
免責聲明
- 簡報中所提供對於產業及本公司前景之預測，係根據目前營運及公開資訊所做出之判斷，相關內容具風險與不確定性。
- 任何外在環境的改變均可能影響公司實際營運與財務狀況。
- 本簡報資料中所提供之資訊，不代表本公司對產業狀況或後續重大發展的完整論述。
- 本公司亦不會因任何新的資訊或事件而更新相關資訊。
財務亮點與關鍵指標
2024年第一季合併損益表 (單位：NT$K)
| 項目 | 1Q24 | % | 4Q23 | % | 1Q23 | % | QoQ | YoY |
|---|---|---|---|---|---|---|---|---|
| 營業收入 | 747,858 | 100% | 1,162,962 | 100% | 727,171 | 100% | (36%) | 3% |
| 營業毛利 | 344,526 | 46% | 509,036 | 44% | 291,820 | 40% | (32%) | 18% |
| 推銷費用 | 34,245 | 5% | 33,123 | 3% | 30,810 | 4% | 3% | 11% |
| 管理費用 | 46,115 | 6% | 42,670 | 4% | 37,603 | 5% | 8% | 23% |
| 研究發展費用 | 158,144 | 21% | 180,426 | 16% | 111,868 | 16% | (12%) | 41% |
| 預期信用減損損失(迴轉利益) | 389 | - | (30,716) | (3%) | 9,131 | 1% | (101%) | (96%) |
| 營業費用 | 238,893 | 32% | 225,503 | 20% | 189,412 | 26% | 6% | 26% |
| 營業利益 | 105,633 | 14% | 283,533 | 24% | 102,408 | 14% | (63%) | 3% |
| 營業外收入 | 363,834 | 49% | 99,189 | 9% | 18,595 | 3% | 267% | 1,857% |
| 稅前淨利 | 469,467 | 63% | 382,722 | 33% | 121,003 | 17% | 23% | 288% |
| 所得稅費用 | 101,012 | 14% | 12,602 | 1% | 58,553 | 8% | 702% | 73% |
| 本期淨利 | 368,455 | 49% | 370,120 | 32% | 62,450 | 9% | - | 490% |
| 基本每股盈餘(NT$) | $2.27 | $2.29 | $0.39 | (1%) | 482% | |||
| 加權平均股數(仟股) | 162,143 | 161,936 | 161,724 | 0.13% | 0.26% |
2024年第一季合併損益表 - 擬制資訊 (單位：NT$K)
- 註：排除GDR未支用資金所產生之兌換利益及所得稅影響數 | 項目 | 1Q24 | % | 4Q23 | % | 1Q23 | % | QoQ | YoY | | :--------------------------- | -------- | --- | -------- | --- | -------- | --- | ----- | ----- | | 營業收入 | 747,858 | 100% | 1,162,962 | 100% | 727,171 | 100% | (36%) | 3% | | 營業毛利 | 344,526 | 46% | 509,036 | 44% | 291,820 | 40% | (32%) | 18% | | 推銷費用 | 34,245 | 5% | 33,123 | 3% | 30,810 | 4% | 3% | 11% | | 管理費用 | 46,115 | 6% | 42,670 | 4% | 37,603 | 5% | 8% | 23% | | 研究發展費用 | 158,144 | 21% | 180,426 | 16% | 111,868 | 16% | (12%) | 41% | | 預期信用減損損失(迴轉利益) | 389 | - | (30,716) | (3%) | 9,131 | 1% | (101%) | (96%) | | 營業費用 | 238,893 | 32% | 225,503 | 20% | 189,412 | 26% | 6% | 26% | | 營業利益 | 105,633 | 14% | 283,533 | 24% | 102,408 | 14% | (63%) | 3% | | 營業外收入* | 126,523 | 17% | 386,839 | 34% | 66,800 | 9% | (67%) | 89% | | 稅前淨利* | 232,156 | 31% | 670,372 | 58% | 169,208 | 23% | (65%) | 37% | | 所得稅費用* | 53,550 | 7% | 70,132 | 6% | 68,194 | 9% | (24%) | (21%) | | 本期淨利* | 178,606 | 24% | 600,240 | 52% | 101,014 | 14% | (70%) | 77% | | 基本每股盈餘(NT$)* | $1.10 | | $3.71 | | $0.62 | | (70%) | 78% | | 加權平均股數(仟股) | 162,143 | | 161,936 | | 161,724 | | 0.13% | 0.26% |
2024.03.31 合併資產負債表 (單位：NT$K)
| 項目 | 2024.03.31 | % | 2023.12.31 | % | 2023.03.31 | % |
|---|---|---|---|---|---|---|
| 資產總計 | 12,808,071 | 100% | 12,513,591 | 100% | 11,872,650 | 100% |
| 現金及約當現金 | 4,150,221 | 32% | 8,864,216 | 71% | 8,530,631 | 72% |
| 按攤銷後成本衡量之金融資產 | 5,196,019 | 41% | 9,441 | 0% | 9,273 | 0% |
| 應收帳款 | 373,940 | 3% | 567,535 | 5% | 569,704 | 5% |
| 存貨 | 912,037 | 7% | 851,330 | 7% | 1,415,037 | 12% |
| 透過損益按公允價值衡量之金融資產 | 380,255 | 3% | 1,139,267 | 9% | 256,689 | 2% |
| 採用權益法之投資 | 849,845 | 7% | 106,011 | 1% | 116,823 | 1% |
| 其他資產 | 945,754 | 7% | 975,791 | 7% | 974,493 | 8% |
| 負債總計 | 2,182,224 | 17% | 1,191,797 | 10% | 1,974,487 | 17% |
| 短期借款 | 100,000 | 1% | 300,000 | 2% | - | - |
| 合約負債 | 75,506 | 0% | 68,828 | 1% | 20,392 | 0% |
| 應付帳款 | 252,624 | 2% | 255,186 | 2% | 175,127 | 2% |
| 本期所得稅負債 | 339,717 | 3% | 238,365 | 2% | 350,612 | 3% |
| 應付股利 | 1,135,107 | 9% | - | - | 1,132,458 | 10% |
| 其他負債 | 279,270 | 2% | 329,418 | 3% | 295,898 | 2% |
| 權益總計 | 10,625,847 | 83% | 11,321,794 | 90% | 9,898,163 | 83% |
| 每股淨值(NT$) | 65.51 | 69.89 | 61.16 |
近期表現與成果
季度營收趨勢 (單位：NT$M)
| 季度 | IoT (NT$M) | AI (NT$M) | 總營收 (NT$M) |
|---|---|---|---|
| 2Q21 | 1,519 | 115 | 1,634 |
| 3Q21 | 1,699 | 320 | 2,019 |
| 4Q21 | 1,485 | 253 | 1,738 |
| 1Q22 | 1,329 | 216 | 1,545 |
| 2Q22 | 1,315 | 224 | 1,539 |
| 3Q22 | 952 | 234 | 1,186 |
| 4Q22 | 686 | 139 | 825 |
| 1Q23 | 625 | 102 | 727 |
| 2Q23 | 1,009 | 88 | 1,097 |
| 3Q23 | 1,203 | 37 | 1,240 |
| 4Q23 | 1,132 | 31 | 1,163 |
| 1Q24 | 650 | 98 | 748 |
IoT 事業部 季營收 (單位：NT$M)
| 季度 | 連接裝置 | 穿戴型裝置 | 影像/音訊/其他 | 總計 (NT$M) |
|---|---|---|---|---|
| 2Q21 | 55% | 25% | 20% | 1,519 |
| 3Q21 | 50% | 26% | 24% | 1,699 |
| 4Q21 | 45% | 26% | 29% | 1,485 |
| 1Q22 | 41% | 27% | 32% | 1,329 |
| 2Q22 | 34% | 24% | 42% | 1,315 |
| 3Q22 | 45% | 25% | 30% | 952 |
| 4Q22 | 61% | 28% | 11% | 686 |
| 1Q23 | 57% | 32% | 11% | 625 |
| 2Q23 | 57% | 22% | 21% | 1,009 |
| 3Q23 | 59% | 20% | 21% | 1,203 |
| 4Q23 | 54% | 23% | 23% | 1,132 |
| 1Q24 | 42% | 29% | 29% | 650 |
AI 事業部 季營收 (單位：NT$M)
| 季度 | 授權金/權利金 | 晶圓銷售 | 總計 (NT$M) |
|---|---|---|---|
| 2Q21 | 51% | 49% | 115 |
| 3Q21 | 17% | 83% | 320 |
| 4Q21 | 26% | 74% | 253 |
| 1Q22 | 23% | 77% | 216 |
| 2Q22 | 50% | 50% | 224 |
| 3Q22 | 54% | 46% | 234 |
| 4Q22 | 14% | 86% | 139 |
| 1Q23 | 83% | 17% | 102 |
| 2Q23 | 99% | 1% | 88 |
| 3Q23 | 95% | 5% | 37 |
| 4Q23 | 87% | 13% | 31 |
| 1Q24 | 47% | 53% | 98 |
營收與毛利率
| 季度 | 總營收 (NT$M) | 毛利率 (%) |
|---|---|---|
| 2Q21 | 1,634 | 46% |
| 3Q21 | 2,019 | 47% |
| 4Q21 | 1,738 | 46% |
| 1Q22 | 1,545 | 47% |
| 2Q22 | 1,539 | 41% |
| 3Q22 | 1,186 | 44% |
| 4Q22 | 825 | 43% |
| 1Q23 | 727 | 40% |
| 2Q23 | 1,097 | 40% |
| 3Q23 | 1,240 | 41% |
| 4Q23 | 1,163 | 44% |
| 1Q24 | 748 | 46% |
營業利益及業外收支 (單位：NT$M)
營業利益與營業利益率
| 季度 | 營業利益 (NT$M) | 營業利益率 (%) |
|---|---|---|
| 2Q21 | 599 | 36.6% |
| 3Q21 | 754 | 37.3% |
| 4Q21 | 624 | 36.0% |
| 1Q22 | 534 | 34.6% |
| 2Q22 | 457 | 29.7% |
| 3Q22 | 327 | 27.5% |
| 4Q22 | 181 | 21.9% |
| 1Q23 | 102 | 14.1% |
| 2Q23 | 206 | 18.8% |
| 3Q23 | 261 | 21.0% |
| 4Q23 | 284 | 24.4% |
| 1Q24 | 106 | 14.1% |
業外收支與業外收支率
| 季度 | 業外收支 (NT$M) | 業外收支率 (%) |
|---|---|---|
| 2Q21 | (19) | -1.2% |
| 3Q21 | 87 | 4.3% |
| 4Q21 | 49 | 2.8% |
| 1Q22 | 217 | 14.1% |
| 2Q22 | 290 | 18.9% |
| 3Q22 | 539 | 45.5% |
| 4Q22 | (98) | -12.0% |
| 1Q23 | 19 | 2.6% |
| 2Q23 | 259 | 23.6% |
| 3Q23 | 389 | 31.4% |
| 4Q23 | 364 | 48.7% |
| 1Q24 | 99 | 8.5% |
淨利 (單位：NT$M)
| 季度 | 淨利 (NT$M) | 淨利率 (%) |
|---|---|---|
| 2Q21 | 456 | 27.9% |
| 3Q21 | 676 | 33.5% |
| 4Q21 | 543 | 31.2% |
| 1Q22 | 557 | 36.1% |
| 2Q22 | 622 | 40.4% |
| 3Q22 | 698 | 58.8% |
| 4Q22 | 65 | 7.8% |
| 1Q23 | 62 | 8.6% |
| 2Q23 | 483 | 44.0% |
| 3Q23 | 530 | 42.77% |
| 4Q23 | 370 | 31.8% |
| 1Q24 | 368 | 49.3% |
未來展望與策略倡議
- IoTRAM™： 新型低功耗介面帶動未來成長動能。
- VHM™： 晶圓銷售於第一季重啟；2024年更多的概念驗證(POC)專案及design-in 機會。
- S-SiCap™ Interposer： 發展進度如預期規劃，2024年帶來營收貢獻。
- S-SiCap™ in Package Substrate： 持續正面進展。
產品、服務與技術
- IoTRAM™： (新型低功耗介面)
- VHM™： Very High-bandwidth Memory (極高頻寬記憶體)
- S-SiCap™： Stack Silicon Capacitor, AP Memory's SiCap technology which uses a stack capacitor (堆疊式矽電容，愛普科技的SiCap技術，採用堆疊式電容)
- POC： Proof of Concept (概念驗證)
- Interposer： (中介層)
- Package Substrate： (封裝基板)
聯絡資訊
- IR mail： ir@apmemory.com
- IR Tel： +886-3-5601651