詮欣股份有限公司 (6205) 2025年 法說會簡報

Company Overview

• Company Name: 詮欣股份有限公司 (6205) / CHANT SINCERE CO., LTD.
• Event: 2025年 詮欣法說會 (2025 CHANT SINCERE Investor Conference)
• Core Business: Specializing in the design, production, and sales of connector products for global automotive and industrial control customers, providing stable and reliable connection solutions.
• Founding Year: 1985 (40 years of history as of 2025)
• Listing: Listed on Taiwan Stock Exchange in 2008 (Stock Code: 6205)
• Capital Value (2025): 27.4 million USD
• Teams:
  • R&D + Process Automation Team: 70+ members
• Key Technologies & Approvals:
  • Automotive Connector Technology: 16 years
  • VDA Approval from Tier1 Customers: 16 companies
• Customer Base: 75+ Automotive Customers
• Strategic Investors: PHI private equity fund joined in December 2023.

Company Milestones

• 1985:
  • Company Established.
  • Specializing in Electronic Component OEM and Manufacturing.
• 1997:
  • Established Stamping and Plastic Molding Factories.
  • Transitioned to Manufacturing Memory Cards (for Sandisk).
  • ISO 9001 and ISO 14001 Certified.
• 2006:
  • Entered Tier 2 Automotive Market (Consumer Audio-Visual Entertainment Systems).
  • Established Automation Department.
  • TS/IATF 16949 Certified.
• 2018:
  • Achieved breakthroughs in the Tier 1 automotive supply chain with high-speed, high-frequency technology (Automotive ADAS systems).
  • Launched high-speed, high-frequency connectors supporting cloud servers and data centers.
  • Obtained VDA approval for 2+ automotive companies annually.
• 2023 (December):
  • Introduced strategic investors PHI.

Global Location

• Sales Offices:
  • Stuttgart (Europe)
  • Chicago (America)
  • Seoul (Asia)
• Manufacturing Locations:
  • Taiwan: HQ, R&D, Manufacturing
  • China, Dongguan: Stamping & Plastic Injection, Tool Center, Manufacturing
  • Thailand, Samut Prakan: Manufacturing (Expected to be completed in 2027)

Products, Services & Technology

• Product Applications:
  • ADAS (Advanced Driver-Assistance Systems)
  • Cloud Center
  • PC/CE (Personal Computer / Consumer Electronics)
  • AIoT (Artificial Intelligence of Things)
  • Robotics
• 2025-2027 Technical Roadmap:
  • Key Technologies:
    • Waterproof (IPX7)
    • Miniaturization (M)
    • High Speed 800G
    • High Speed 1600G (Power+High Speed)
  • Technology Adoption by Application:
    • ADAS: Waterproof, Miniaturization, High Speed 800G, High Speed 1600G Power+High Speed
    • Cloud Center: Miniaturization, High Speed 800G, High Speed 1600G Power+High Speed
    • PC/CE: Waterproof, Miniaturization, High Speed 800G, High Speed 1600G Power+High Speed
    • AIoT: Waterproof, Miniaturization, High Speed 800G, High Speed 1600G Power+High Speed
• ADAS System Connectors:
  • Camera: Mini FAKRA Conn./Cable, FAKRA Conn./Cable
  • Central Controller: Mini FAKRA Conn./Cable, HMTD-N Conn./Cable, HSD+MOS Conn., CMSO Conn.
  • V2X System: FAKRA Conn./Cable, Mini FAKRA Conn./Cable, MQS 3Pin Conn
  • Gateway System: HMTD-N Conn./Cable, FAKRA Conn./Cable, Mini FAKRA Conn./Cable
  • Smart Cockpit: HSD Conn./Cable, HMTD-N Conn./Cable, Mini FAKRA Conn./Cable
  • LIDAR: HMTD-N Conn./Cable, Mini FAKRA Conn./Cable
• Industrial & High Speed Product Applications Connectors:
  • Computer Vision: Mini FAKRA Conn./Cable, FAKRA Conn./Cable
  • Autonomous Navigation & Sensors (IMU): Mini FAKRA Connector/Cable, USB Type C Connector/Cable, Waterproof M8 & M12 Conn./Cable
  • Obstacle Avoidance (LIDAR): HMTD-N Conn./Cable, Mini FAKRA Conn./Cable
  • End Effectors (Robotic Arm): Waterproof M8 & M12 Conn./Cable, USB Type C Connector/Cable
  • Power Supply (Servo Motor/Motor Driver): D-Sub Connector, DIN 41612 Connector
  • Data Transmission & Machine Learning (Local & Cloud Storage/Edge Computing): PCIe Gen-Z, QSFP Series, MPO Patch Cord

Financial Highlights and Key Metrics

• Monthly Consolidated Revenue (Unit: NTD/Thousand)

  Month	2025	2024	2023
  Jan	139,835	134,293	205,057
  Feb	107,592	94,646	167,664
  Mar	120,219	100,704	144,647
  Apr	103,374	132,175	96,143
  May	138,447	142,821	104,621
  Jun	132,035	134,123	81,454
  Jul	-	130,514	101,991
  Aug	-	96,364	78,195
  Sep	-	116,974	83,877
  Oct	-	104,794	94,628
  Nov	-	118,652	92,995
  Dec	-	100,490	124,069

• Annual Performance Overview (2021-2025Q1)

  Year	Annual Revenue (Millions NTD)	Annual Gross Profit Margin	Annual Net Profit Margin
  2021	~1,590	29.3%	~10%
  2022	~1,850	36.2%	~18%
  2023	~1,380	37.6%	~12%
  2024	~1,400	41.7%	~16%
  2025Q1	~360	42.6%	~15%

• Dividend Policy (2022-2024)

  Year	Dividend Payout Ratio	Total Dividends (Cash and Stock)
  2022	74%	NTD 47.05
  2023	71%	-
  2024	61%	-

Recent Performance and Results

• Revenue Proportion of Major Applications:

  Application	2023	2024	2024 H1
  IPC	56%	56%	60%
  AUTO	15%	20%	16%
  TEL	13%	11%	11%
  CE	5%	4%	4%
  PC	5%	2%	2%
  Others	6%	7%	7%

Future Outlook and Guidance

• 2025 Strategic Goals:
  • Become a designated supplier for European and American automakers.
  • Strengthen the Tier 1 automotive market layout.
  • Focus on smart mobility and smart factory AI edge computing.
  • Comprehensively enhance company competitiveness.
  • Actively expand into robotics and drone technologies to drive breakthroughs in next-generation smart applications.

Strategic Initiatives and Plans

• Sustainable Development (ESG Initiatives):
  • 2022: Launched ISO 14064 GHG accounting planning.
  • 2023:
    • Launched ESG Strategy & Framework.
    • Routine Execution of ISO 14064 GHG Accounting.
  • 2024:
    • Released First Sustainability Report.
    • Routine Execution of ISO 14064 GHG Accounting.
  • 2025:
    • Continued Advancement of ESG Initiatives.
    • Routine Execution of ISO 14064 GHG Accounting.

Key Charts, Graphs, and Data Points

• Monthly Consolidated Revenue Chart (2023-2025Q2)
• Revenue and Profitability Chart (2021-2025Q1)
• Dividend Payout Ratio Chart (2022-2024)
• Revenue Proportion Pie Charts for various years.

Disclaimer

• The forward-looking information in this briefing is based on internal and external data currently available to the Company.
• Actual business and financial outcomes may differ from forecasts due to risks beyond the Company's control.
• This briefing reflects the Company's current view of the future. No further notice or update will be provided if changes occur.