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山隆 2025Q3 法人說明會
2616上市
法人說明會
山隆 2025Q3 法說會簡報重點與營運摘要

山隆通運 (Sanlong Express) 2025Q2 法人說明會

Company Overview

  • Established: 1976年
  • Listed on stock exchange: 1997年
  • Capital: 新台幣13.728億元
  • Revenue: 2024年合併營收新台幣108億
  • Business Scope:
    • 貨物運輸 (Cargo transportation)
    • 物流倉儲 (Logistics warehousing)
    • 油品銷售 (Petroleum product sales)
    • 船務報關 (Shipping customs brokerage)
    • 汽車維修 (Automobile maintenance)

Financial Highlights

Summary Consolidated Income Statement for the Last Five Years

項目 (Item)2025H1%2024%2023%2022%2021%
營業收入 (Operating Revenue)4,002100%10,842100%16,424100%18,519100%18,812100%
營業成本 (Operating Cost)3,73393%10,07493%15,20593%17,09992%17,02691%
營業毛利 (Gross Profit)2697%7687%1,2197%1,4208%1,7869%
營業費用 (Operating Expenses)65216%1,30512%1,2557%1,3107%1,4107%
營業淨(損)利 (Operating Net Profit (Loss))(383)(9)%(537)(5)%(36)(0)%1101%3762%
業外收入及支出 (Non-operating Income and Expenses)(7)(1)%761%1241%2361%1381%
稅前淨利 (Profit Before Tax)(390)(10)%(461)(4)%881%3462%5143%
所得稅費用(利益) (Income Tax Expense (Benefit))50%(14)(0)%50%490%891%
本期淨利 (Net Profit for the Period)(395)(10)%(447)(4)%831%2972%4252%
EPS(元) (EPS (NT$))(2.94)(3.43)0.482.133.06

Revenue Status for the Last Five Years

20212022202320242025H1
油品 (Petroleum Products)13,15513,75112,9408,6673,268
運輸 (Transportation)5,6574,7683,4842,175734
合計 (Total)18,81218,51916,42410,8424,002

Net Profit After Tax Status for the Last Five Years

年度 (Year)20212022202320242025H1
合計 (Total)42529783(447)(395)

Period-on-Period Income Comparison

項目 (Item)2025H1%2024H1%Yoy%
營業收入 (Operating Revenue)4,002100%6,580100%(39)%
營業成本 (Operating Cost)3,73393%6,03792%(38)%
營業毛利 (Gross Profit)2697%5438%(50)%
營業費用 (Operating Expenses)65216%5929%10%
營業淨(損)利 (Operating Net Profit (Loss))(383)(9)%(49)(1)%682%
業外收入及支出 (Non-operating Income and Expenses)(7)(1)%731%(111)%
稅前淨利 (Profit Before Tax)(391)(10)%230%(1800)%
所得稅費用 (Income Tax Expense)50%130%(62)%
本期淨利 (Net Profit for the Period)(395)(10)%100%(4050)%
EPS(元) (EPS (NT$))(2.94)0.01(29500)%

Average Monthly Petroleum Product Sales Volume for the Last Five Years

20212022202320242025H1
柴油 (Diesel)34,00931,94529,29624,3089,040
汽油 (Gasoline)13,26312,90612,2349,9234,031
合計 (Total)47,27244,85141,53034,23113,071

Dividend Policy: Stable Dividend Payout Ratio

年度 (Year)2018201920202021202220232024
現金股利 (Cash Dividend)1.601.802.202.501.600.430.3
EPS1.762.142.733.062.130.48-3.43

Business Segments

Transportation Services

  • Cargo Transportation
  • Bulk Transportation
  • Oil Transportation
  • Hazardous Materials Transportation

Warehousing Logistics

  • Nationwide Distribution Services
  • Order Processing and Inventory Management
  • Ambient Temperature Warehousing
  • Import/Export Container Loading/Unloading
  • Cargo Sorting and Picking

Petroleum Products Business

  • Petroleum Product Sales
  • Environmental Management Services / Integrated Services

Shipping Customs Brokerage

  • Land, Sea, and Air Freight Services
  • Logistics Warehousing
  • Customs Declaration Services

Automobile Maintenance Business

  • Vehicle Sales
  • Automobile Maintenance

Products & Technologies

Cargo Transportation

  • Vehicle Types: Container Truck, Flatbed Truck, Bulk Cargo Transportation, Oil Tanker Truck, Tanker Truck, Tank Container.
  • Equipment: Reach Stacker/Telescopic Container Handler, 25-ton Forklift.
  • Services: Automobile Repair, Vehicle Inspection Agency.

Logistics Warehousing

  • Urban logistics distribution services.
  • Warehouse internal management, including shelving systems and inventory management.

Shipping Customs Brokerage - International Multimodal Transportation

  • Service Offerings:
    • Cargo Transportation Management
    • Sea Freight Services
    • Air Freight Services
    • Taiwan-Mainland China Inland Logistics Distribution

Gas Station Services

  • Total Stations: 71
  • Payment & Discounts:
    • Sanlong PAY - Prepaid Self-Service Gasoline:
      • Daily NT$2.2/liter discount.
      • Tuesday, Friday & Sunday limited-time offer NT$2.4/liter discount.
    • Sanlong Premium Oil Titanium Card: Exclusive benefits.
  • Diversified Services: Self-service fueling, credit card integration, stored value payment, member point redemption, quick payments.
  • Partner Brands: FORMOSA, Sanlong.

Automobile Business

  • Brand: DAF (Truck sales and maintenance)
  • Services: Automobile maintenance, vehicle inspection.

Clients & Markets

  • Diverse points of service across Taiwan, strategically positioned to serve various logistics, petroleum, and automotive markets.

ESG / Sustainability

  • Not explicitly stated in the provided content.

Outlook & Strategy

  • Future financial forecasts or strategic plans are not clearly provided but indicate extensive distribution and diversified services in logistics, petroleum, and automobile maintenance.
  • Initiatives like "Sanlong PAY - Prepaid Self-Service Gasoline" and "Sanlong Premium Oil Titanium Card" aim to attract and retain customers.
  • DAF brand representation and maintenance services show engagement in the heavy vehicle market.

Additional Data

Contact Information

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