台灣氣立 (TAIWAN CHELIC Co.,LTD) 2025Q2 法說會簡報

Company Overview

• Stock Code: 4555
• Founding Year: 1986 (established November 1986)
• Listing Date: October 2015
• Capital: 700 million NTD
• Headquarters: Taishan District, New Taipei City
• Chairman: Mr. Yu Ping-Cheng
• Total Employees: Approx. 800
• Main Products: Pneumatic and electro-control automation components and related products.
• Main Operating Bases:
  • New Taipei Taishan Plant
  • Shanghai Songjiang Plant
  • Zhejiang Pinghu Plant
  • Thailand Plant

Industry Transformation

• Semiconductor Equipment Industry
• Automotive Industry
• Automation & Robotics Industry
• Biotechnology & Medical Industry

Industry Layout

• Pneumatic Components: 65%
  • New Taipei Taishan Plant
  • Shanghai Songjiang Plant
  • Thailand Plant
• Precision Metal Manufacturing: 35%
  • Zhejiang Pinghu Plant

Financial Highlights and Key Metrics

Consolidated Revenue (營收Sales)

Gross Profit (營業毛利GP)

Gross Profit Margin (毛利率)

Operating Expenses (% of Sales)

• Research and Development Expenses (R&D Expenses) | Quarter | R&D Expenses (%) | |---------|------------------| | 1Q22 | 4.9 | | 2Q22 | 5.0 | | 3Q22 | 10.3 | | 4Q22 | 7.7 | | 1Q23 | 8.6 | | 2Q23 | 8.2 | | 3Q23 | 8.7 | | 4Q23 | 6.8 | | 1Q24 | 6.9 | | 2Q24 | 6.8 | | 3Q24 | 7.5 | | 4Q24 | 8.1 | | 1Q25 | 6.8 | | 2Q25 | 7.0 |

• Sales Expenses | Quarter | Sales Expenses (%) | |---------|---------------------| | 1Q22 | 8.9 | | 2Q22 | 7.8 | | 3Q22 | 7.8 | | 4Q22 | 8.2 | | 1Q23 | 9.3 | | 2Q23 | 9.0 | | 3Q23 | 12.2 | | 4Q23 | 9.6 | | 1Q24 | 10.0 | | 2Q24 | 10.7 | | 3Q24 | 12.1 | | 4Q24 | 12.0 | | 1Q25 | 9.2 | | 2Q25 | 9.8 |

• Management Expenses | Quarter | Management Expenses (%) | |---------|-------------------------| | 1Q22 | 8.1 | | 2Q22 | 7.6 | | 3Q22 | 8.6 | | 4Q22 | 9.7 | | 1Q23 | 9.9 | | 2Q23 | 9.8 | | 3Q23 | 11.1 | | 4Q23 | 11.6 | | 1Q24 | 10.8 | | 2Q24 | 10.0 | | 3Q24 | 9.7 | | 4Q24 | 10.5 | | 1Q25 | 10.6 | | 2Q25 | 10.5 |

Operating Net Profit (營業淨利)

Net Profit After Tax (稅後淨利)

EPS (元)

Recent Performance and Results

• Pinghu Plant (浙江平湖廠): Established in 2021, it has become a growth driver for the group.
  • 2025 H1 Revenue Growth: 25%
  • Gross Profit Margin: Increased from 16% at the beginning of 2024 to 23% currently.
  • Facilities:
    • Anodizing Production Line
    • Die Casting Workshop
    • Processing Workshop
  • Workshop Layers:
    • First Floor: Mold Workshop
    • Second Floor: Cleaning and Tapping
    • Third Floor: Warehouse
    • Fourth Floor: Painting Workshop
• Gross Profit Improvement: Improved due to product design optimization, production centralization, increased utilization rate, and new product promotion; Q2 2025 gross profit margin returned above 30%.
• Operating Net Profit Improvement: Increased from NTD 2,913 thousand in 25Q1 to NTD 19,948 thousand in 25Q2 due to increased revenue and gross profit margin.
• Q2 2025 Net Loss After Tax: Mainly due to significant appreciation of the NTD exchange rate, leading to an exchange loss of approximately NTD 21 million for the quarter, resulting in a net loss after tax of NTD 1.2 million.

Future Outlook and Guidance

25年H2營業展望

1. 台北泰山廠 (Taipei Taishan Plant): Will complete TAF laboratory and cleanroom construction in Q3 2025, improving product reliability.
2. 氣立可科技(泰國) (CHELIC Technology (Thailand)): Expected to start production in Q3 2025, aiding in market development in Thailand and ASEAN.
3. 機器人產業相關零配件研發方向 (Robotics Industry Related Parts R&D Direction):
   • Increase precision metal manufacturing capacity for collaborative robot components.
   • Accelerate commercialization of bionic dexterous hands and other gripper products.
4. Expansion in semiconductor, biotechnology & medical, chemical, and food industries.

Strategic Initiatives and Plans

Product R&D Direction

• Shifting from primarily Pneumatic Components to include:
  • Pneumatic Components
  • Electro-control Components
  • Robot Accessories
  • Flow Sensors

Robotics Industry Related Parts R&D Direction

• Pneumatic Gripper: Developed a wide range of products, with 39 series by 2025 Q1.
• Electric Gripper: Developed 14 electric cylinder products, with 7 being electric grippers.
• Flexible Gripper: Innovative designs for soft and deformable workpieces developed since 2024.
• Dexterous Hand: Developing intelligent bionic hands for future AI production, expected around 2025.

Collaborative Robots

• Micro-gripper
• Integrated Servo Gripper
• Soft-Gripper
• Dexterous Hand

Key Charts, Graphs, and Data Points

Customer Industry Distribution (客戶產業別分布)

Products, Services & Technology

Pneumatic Components

• Rodless Cylinder for Cleanroom (防水刮塵)

  • Model: PRUC/V series
  • Features: Vacuum suction, dust protection, waterproof, stable speed, space-saving.
  • Applications: Automation, semiconductor, automotive manufacturing, wastewater treatment, chemical, pharmaceuticals.

• Liquid Valve

  • Model: LAQ/LMQ series
  • Features: High sealing, acid/alkali resistant, zero leakage.
  • Applications: Automation, semiconductor, automotive manufacturing, plastic injection molding.

Flow Sensors

• Ultrasonic Flow Sensor

  • Model: FU-V series
  • Features: Extensive expandable functions, one-button setup, scratch-resistant.
  • Applications: Automation, semiconductor, wastewater treatment, chemical, pharmaceuticals.

• Ultrasonic Flow Sensor - Small Pipe Diameter

  • Model: FN-X series
  • Features: External clamp-on, high precision, real-time data transmission.
  • Applications: Film deposition, wet etching, wet cleaning.

AI Smart Energy Manager

• Model: UAM-400 series
• Features: IoT connectivity, safe operation, multi-data monitoring, energy carbon inventory.
• Applications: Automation industry, robotic arms, electronics, testing equipment.

Disclaimers

• This presentation and related information contain forward-looking statements. Actual results may differ due to various factors. The company is not responsible for updates on changes in the future.

Exhibition Information

• 2025 Taipei International Automation Industry Exhibition:
  • Date: August 20th to August 23rd
  • Location: Nangang Exhibition Center Hall 1, 1F
  • Booth Number: J606
  • Theme: Air leads the way, Seize the day!