VISCO VISION INC. (視陽光學股份有限公司) 2025 Q3 Investor Presentation
Company Overview
- Stock Code: 6782
- Brand: VISCO See Comfortably
- Website: www.viscovision.com.tw
- IR Email: IR@viscovision.com.tw
Disclaimer
This presentation reflects the company's subjective and objective factors at the time of the briefing, including assessment of past, current, and future operations. Forward-looking statements are subject to risks, uncertainties, and assumptions. Actual results may differ significantly. The company does not undertake obligations to update forward-looking statements unless required by law.
Agenda
- Opening Remarks
- Presenter: Wu Tsang-song, Deputy General Manager
- Financial Reports & Business Overview
- Presenter: Cheng Pei-ching, Finance Director
- Q&A Session
- Hosted by the Deputy General Manager and Finance Director
Products & Technologies
Refrear Series:
- 1-DAY Refrear UV Moisture 38: Daily disposable lens with UV-blocking, 38% water content.
- 2-WEEK Refrear UV: Bi-weekly disposable lens with UV-blocking.
- 1-DAY Refrear BL UV Moisture: Daily disposable lens with blue light & UV blocking.
- 1-MONTH Refrear UV: Monthly disposable lens with UV-blocking.
- 1-DAY Refrear SILICONE UV W-Moisture: Silicone hydrogel daily disposable lens with UV-blocking and dual moisturization.
- 2-WEEK Refrear SILICONE UV: Silicone hydrogel bi-weekly disposable lens with UV-blocking.
- 1-DAY Refrear a-eye: Daily disposable lens.
- 1-DAY Refrear Unrolla: Daily disposable lens.
O&ME Series (Premium Soft Color Contact Lens):
- ORI CREAM VANILLA: Soft hydrophilic colored lens (38% water content).
- ORI ASH GRAY: Soft hydrophilic colored lens (38% water content).
- ORI MELTING BROWN: Soft hydrophilic colored lens (38% water content).
- ORI ICE MUFFIN: Soft hydrophilic colored lens (38% water content).
- Common Specifications: Sterile hydrophilic colored lens with 38% water content.
Dolemi Belta Series (Colored Contact Lens):
- Pink Brown.
- Black.
Financial Highlights
Consolidated Income Statement
Quarter Comparison (2025 Q2 vs 2025 Q1 vs 2024 Q2):
| Items | 2025 Q2 | % | 2025 Q1 | % | QoQ Change | QoQ % | 2024 Q2 | % | YoY Change | YoY % |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,076 | 100 | 947 | 100 | 129 | +14% | 905 | 100 | 171 | +19% |
| Operating Cost | (575) | 54 | (562) | 59 | (13) | +2% | (546) | 60 | (29) | +5% |
| Gross Profit | 501 | 46 | 385 | 41 | 116 | +30% | 359 | 40 | 142 | +39% |
| Operating Expenses | (196) | 18 | (185) | 20 | (11) | +6% | (145) | 16 | (51) | +36% |
| Operating Income | 305 | 28 | 199 | 21 | 105 | +53% | 214 | 24 | 90 | +42% |
| Net Non-Operating Items | (57) | 5 | 29 | 3 | (86) | -301% | (25) | 3 | (32) | -125% |
| Pre-Tax Income | 248 | 23 | 228 | 24 | 20 | +9% | 189 | 21 | 59 | +31% |
| Income Tax | (61) | 6 | (34) | 4 | (27) | +79% | (41) | 5 | (20) | +50% |
| Net Income | 187 | 17 | 194 | 20 | (7) | -4% | 148 | 16 | 38 | +26% |
| EPS (NT$) | 2.96 | 3.08 | (0.12) | 2.29 | 0.67 |
Half-Year Comparison (2025 H1 vs 2024 H1):
| Items | 2025 H1 | % | 2024 H1 | % | YoY Change | YoY % |
|---|---|---|---|---|---|---|
| Revenue | 2,023 | 100 | 1,721 | 100 | 302 | +18% |
| Operating Cost | (1,138) | 56 | (1,008) | 59 | (130) | +13% |
| Gross Profit | 886 | 44 | 713 | 41 | 172 | +24% |
| Operating Expenses | (381) | 19 | (295) | 17 | (87) | +29% |
| Operating Income | 504 | 25 | 418 | 24 | 86 | +21% |
| Pre-Tax Income | 476 | 24 | 385 | 22 | 90 | +23% |
| Income Tax | (95) | 5 | (68) | 4 | (27) | +40% |
| Net Income | 381 | 19 | 318 | 18 | 63 | +20% |
| EPS (NT$) | 6.04 | 4.99 | 1.05 |
Revenue by Region (Quarterly Trend)
| Region | 2024 Q2 | % | 2024 Q3 | % | 2024 Q4 | % | 2025 Q1 | % | 2025 Q2 | % |
|---|---|---|---|---|---|---|---|---|---|---|
| Asia | 690 | 76% | 755 | 73% | 626 | 69% | 698 | 73% | 789 | 73% |
| Europe | 149 | 16% | 215 | 21% | 193 | 21% | 185 | 20% | 189 | 18% |
| America | 66 | 7% | 68 | 7% | 94 | 10% | 64 | 7% | 98 | 9% |
| Total | 905 | 100% | 1,037 | 100% | 913 | 100% | 947 | 100% | 1,076 | 100% |
Profit & Loss Trends (Quarterly)
| Items | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue (NT$ M) | 905 | 1,037 | 913 | 947 | 1,076 |
| Parent Co. Net Income | 144 | 199 | 124 | 194 | 187 |
| EPS (NT$) | 2.29 | 3.15 | 1.96 | 3.08 | 2.96 |
Balance Sheet Overview
| Items | 2025/06/30 | % | 2025/03/31 | % | QoQ Change | QoQ % | 2024/12/31 | % | 6M Change | 6M % |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Financial Assets | 939 | 17% | 835 | 15% | +104 | +12% | 805 | 15% | +134 | +17% |
| Accounts Receivable | 516 | 9% | 618 | 11% | -102 | -17% | 441 | 8% | +74 | +17% |
| Inventory | 622 | 11% | 670 | 12% | -48 | -7% | 593 | 11% | +28 | +5% |
| Investments | 496 | 8% | 450 | 8% | +46 | +10% | 452 | 8% | +44 | +10% |
| Property, Plant & Equip | 2,133 | 39% | 2,233 | 40% | -100 | -4% | 2,197 | 41% | -64 | -3% |
| Total Assets | 5,497 | 100% | 5,638 | 100% | -141 | -3% | 5,303 | 100% | +193 | +4% |
| Total Liabilities | 1,913 | 35% | 1,968 | 35% | -54 | -3% | 1,587 | 30% | +327 | +21% |
| Shareholder Equity | 3,583 | 65% | 3,670 | 65% | -87 | -2% | 3,716 | 70% | -133 | -4% |
Outlook
- Continuous focus on product innovation, market expansion, and operational efficiency.
- Strong positioning in Asia while growing presence in Europe and America.
Sustainability
- Dedication to environmentally friendly technologies and responsible business practices.
Contact Information
Website: www.viscovision.com.tw
Investor Relations Email: IR@viscovision.com.tw