崇越科技 (TSC) 2025 Q2 法說會簡報
Company Overview
- Company Name: 崇越科技 (Topco Scientific Co., Ltd.)
- Event: 2025 Q2 INVESTOR MEETING (崇越科技第二季法說會)
- Date: 2025年8月14日
- Company Slogan/Values: 勤信為本 專業為用 成果共享 (Diligence and Trust as Foundation, Professionalism for Application, Sharing of Results)
- Establishment: 1990年2月17日 in Taiwan
- Headquarters: 台北市內湖區堤頂大道二段483號
- Public Listing: 2003年
- Capital: 19.1 億元 (NTD)
- Employee Number: 1914 employees worldwide
- 2024 Annual Revenue: 570 億元 (NTD)
Board of Directors and Management Team
- 董事長 (Chairman): 潘重良
- 集團執行董事 (Group Executive Director): 李正榮
- 首席執行長 (CEO): 陳德懿
- 發言人 (Spokesperson): 黃玉真資深副總經理 (Huang Yu-Chen, Senior Vice President)
Global Operations Locations (全球營運據點)
- Taiwan (台灣):
- Headquarters & Subsidiaries: 台北 (Taipei) - 各種子公司
- Offices: 新竹, 台中, 台南, 高雄, 宜蘭
- China (中國):
- Shanghai, Suzhou, Other Cities: 多個營運據點
- Japan (日本):
- Tokyo, Kumamoto
- Korea (南韓):
- Seongnam
- Southeast Asia (東南亞):
- Singapore, Vietnam, Thailand, Malaysia
- Americas (美洲):
- Phoenix, Dallas
Financial Highlights
2025 Q2 Consolidated Statement of Comprehensive Income Summary
| Metric (年度/季度) | 2Q 25 | 1Q 25 | 2Q 24 | QoQ | YoY |
|---|---|---|---|---|---|
| 營業收入 (Revenue) | 16,986,850 | 15,759,461 | 13,791,780 | 7.8% | 23.2% |
| 營業毛利 (Gross Profit) | 1,988,672 | 2,107,632 | 1,930,722 | -5.6% | 3.0% |
| 營業淨利 (Operating Profit) | 1,018,347 | 1,135,613 | 1,001,540 | -10.3% | 1.7% |
| 稅前淨利 (Profit Before Tax) | 1,233,137 | 1,269,161 | 1,254,746 | -2.8% | -1.7% |
| 母公司業主淨利 (Net Income Attributable to Owners of Parent) | 914,696 | 939,170 | 1,020,612 | -2.6% | -10.4% |
| 毛利率% (Gross Margin %) | 11.71 | 13.37 | 14.00 | -1.66ppts | -2.29ppts |
| 營業淨利率% (Operating Profit Margin %) | 5.99 | 7.21 | 7.26 | -1.22ppts | -1.27ppts |
| 每股盈餘(新台幣元) (EPS (NTD)) | 4.78 | 4.91 | 5.41 | -2.6% | -11.6% |
| 股東權益報酬率 % (ROE %) | 5.20 | 5.44 | 6.61 | -0.24ppts | -1.41ppts |
2025 H1 Operational Performance Summary
| Metric (年度/季度) | 1H 25 | 1H 24 | YoY |
|---|---|---|---|
| 營業收入 (Revenue) | 32,746,311 | 25,723,357 | 27.3% |
| 營業毛利 (Gross Profit) | 4,096,304 | 3,613,162 | 13.4% |
| 營業利益 (Operating Income) | 2,153,960 | 1,876,164 | 14.8% |
| 稅前淨利 (Profit Before Tax) | 2,502,298 | 2,308,706 | 8.4% |
| 本期淨利 (Net Profit for the Period) | 1,863,920 | 1,803,206 | 3.4% |
| 母公司業主淨利 (Net Income Attributable to Owners of Parent) | 1,853,866 | 1,795,649 | 3.2% |
| 每股盈餘(新台幣元) (EPS (NTD)) | 9.69 | 9.52 | 1.8% |
Profitability Financial Ratios (Unit: %)
| Ratio (Unit: %) | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| 毛利率 Gross Margin | 12.9 | 12.35 | 11.79 | 12.36 | 11.9 | 12.22 | 12.32 | 13 | 13.55 | 11.71 |
| 營業費用率 Operating Expense Ratio | 6.88 | 7.25 | 6.52 | 6.54 | 6.2 | 6.24 | 6.22 | 6.51 | 6.63 | 5.71 |
| 營業利益率 Operating Profit Margin | 6.02 | 5.1 | 5.27 | 5.82 | 5.7 | 5.98 | 6.1 | 6.49 | 6.92 | 5.99 |
| 稅後淨利率 Net Profit Margin | 5.32 | 4.2 | 4.79 | 5.42 | 5.71 | 5.39 | 5.8 | 5.79 | 6.43 | 5.4 |
Business Segments
- Hi-Tech
- ECO and Green
- Healthcare
Recent Performance and Results
-
2025 Q2 Performance:
- Revenue reached NTD 16.99 billion, a new high.
- QoQ growth of 7.8%, YoY growth of 23.2%.
- Gross Profit reached NTD 1.99 billion, YoY growth of 3.0%, a new record.
- Operating Profit reached NTD 1.02 billion, YoY growth of 1.7%, a new record.
-
2025 H1 Performance:
- Revenue reached NTD 32.75 billion, a new high, with YoY growth of 27.3%.
- Operating Income reached NTD 2.15 billion, a new high, with YoY growth of 14.8%.
- Net Income Attributable to Owners of Parent reached NTD 1.85 billion, a new high, with YoY growth of 3.2%.
- EPS reached NTD 9.69, a new high, with YoY growth of 1.8%.
Future Outlook and Guidance
Hi-Tech Segment Outlook
- Growth in AI and HPC demand.
- Stabilization in consumer electronics market.
- Expansion into US, Japan, and Southeast Asian markets for semiconductor supply chain.
ECO and Green Segment Outlook
- Increasing demand for water treatment and environmental engineering.
- Developing overseas engineering projects and waste treatment business.
Healthcare Segment Outlook
- Expanding into food, healthcare, sports, and leisure businesses.
Strategic Initiatives and Plans
- Global Expansion & Market Diversification
- Technology & Product Development
- Sustainability & Circular Economy
- Capacity Expansion
- New Business Areas
Important Product Names, Terms, and Concepts
- Key Personnel Titles
- Financial Terms
- Business Segments
- High-Tech Sub-segments
- ECO and Green Sub-segments
- Healthcare Sub-segments
Products, Services & Technology
-
Products & Services:
- Semiconductor Related: Advanced materials, packaging solutions.
- Environmental Engineering: Water treatment, cleanroom construction.
- Green Energy: Specific products not detailed.
-
Technology Platforms:
- 奈米壓印技術 (Nanoimprint Technology): For precise pattern replication.
- SCIVAX: Company providing Nanoimprint Technology.
-
Specific Product/Module: 全球最小3D光源感測模組 (World's Smallest 3D Light Sensor Module) - Debuted at Automation Exhibition 8/20-23.