AUO Corporation (友達光電) 2Q25 法說會簡報
Company Overview
AUO Corporation specializes in display technologies and solutions, focusing on the maximization of display technology value and transitioning towards being a solution provider.
Business Segments
- Mobility Solutions: Smart cockpit and mobile service solutions
- Vertical Solutions: Smart retail, smart healthcare, smart education, among others
- Display Solutions: Display panel products for TVs, desktops, and notebooks, as well as LED displays
Financial Highlights & Recent Performance
綜合損益表摘要 (Income Statement Summary)
Unit: NT$ millions
| Metric | 2Q25 | 1Q25 | QoQ | 2Q24 | YoY |
|---|---|---|---|---|---|
| 銷貨淨額 (Net Sales) | 69,237 | 72,102 | (4.0%) | 74,328 | (6.8%) |
| 營業毛利 (Gross Profit) | 9,362 | 8,778 | 6.6% | 8,355 | 12.1% |
| % of Net Sales | 13.5% | 12.2% | 11.2% | ||
| 營業費用 (Operating Expenses) | 7,858 | 7,638 | 2.9% | 8,248 | (4.7%) |
| % of Net Sales | 11.4% | 10.6% | 11.1% | ||
| 營業淨利 (Operating Profit) | 1,504 | 1,141 | 31.8% | 107 | 1303.9% |
| % of Net Sales | 2.2% | 1.6% | 0.1% | ||
| 本期淨利 (Net Profit) | 1,948 | 3,294 | (40.9%) | (231) | - |
| % of Net Sales | 2.8% | 4.6% | (0.3%) | ||
| 基本每股盈餘 (Basic EPS NT$)(a) | 0.26 | 0.43 | (39.5%) | (0.03) | - |
(a) Basic EPS calculated based on the weighted average number of shares outstanding, which were 7,547 million shares for 2Q25.
資產負債表摘要 (Balance Sheet Summary)
Unit: NT$ millions
| Metric | 2Q25 | 1Q25 | QoQ | 2Q24 |
|---|---|---|---|---|
| 現金及約當現金 (Cash and Cash Equivalents) | 54,351 | 67,418 | (19.4%) | 71,961 |
| 存貨 (Inventories) | 35,765 | 33,383 | 7.1% | 33,164 |
| 短期借款 (Short-term Borrowings) | 20,576 | 19,690 | 4.5% | 8,813 |
| 長期借款 (Long-term Borrowings) | 95,601 | 102,486 | (6.7%) | 113,783 |
| 權益總額 (Total Equity) | 156,846 | 158,910 | (1.3%) | 157,028 |
| 資產總額 (Total Assets) | 379,945 | 393,840 | (3.5%) | 399,430 |
現金流量表摘要 (Cash Flow Statement Summary)
Unit: NT$ millions
| Metric | 2Q25 | 1Q25 | QoQ |
|---|---|---|---|
| 營業活動之現金流入 (Cash Flow from Operating Activities) | 3,383 | 1,735 | 1,649 |
| 稅前淨利 (Profit Before Tax) | 2,133 | 4,487 | (2,354) |
| 折舊及攤銷 (Depreciation & Amortization) | 7,403 | 7,650 | (247) |
| 現金及約當現金增加 (Net Increase in Cash and Cash Equivalents) | (13,067) | (1,029) | (12,038) |
Revenue Classification
Revenue Mix by Quarter
| Category | 2Q24 | 3Q24 | 4Q24 | 1Q25 | 2Q25 |
|---|---|---|---|---|---|
| Others | 5% | 6% | 5% | 5% | 4% |
| Display | 54% | 56% | 55% | 54% | 53% |
| Vertical Solutions | 16% | 13% | 12% | 13% | 15% |
| Mobility Solutions | 25% | 25% | 28% | 28% | 28% |
Category Definitions
- Mobility Solutions: Smart cockpit and mobile service solutions.
- Vertical Solutions: Solutions for various vertical domains like retail, healthcare, and more.
- Display Technologies: Includes panel products for TVs and displays for other computing devices.
- Others: Primarily includes Data Image Corporation.
Future Outlook & Guidance
3Q2025 Business Outlook
- Mobility Solutions: Expect a mid-single % decline QoQ.
- Vertical Solutions: Anticipated growth in the low to mid-teens % QoQ due to ADLINK consolidation.
- Display Solutions: Modest QoQ decline is expected.
Detailed Financial Statements
Consolidated Income Statement for AUO Corporation and Subsidiaries
For the three months ended June 30, 2025, March 31, 2025, and June 30, 2024 Unit: NT$ millions
| Metric | 2Q25 | 1Q25 | 2Q24 |
|---|---|---|---|
| 銷貨淨額 (Net Sales) | 69,237 | 72,102 | 74,328 |
| 營業毛利 (Gross Profit) | 9,362 | 8,778 | 8,355 |
| 營業費用 (Operating Expenses) | 7,858 | 7,638 | 8,248 |
| 稅前淨利 (Profit Before Tax) | 2,133 | 4,487 | 286 |
| 本期淨利 (Net Profit) | 1,904 | 3,259 | (234) |
| 基本每股盈餘 (Basic EPS) | 0.26 | 0.43 | (0.03) |
Closing Statement
Tap Into The Possibilities
Contact Information
For inquiries, please visit www.auo.com or email ir@auo.com.