Bright LED Electronics Corp. 2025 2nd Quarter Investor Presentation
Agenda
- Foreword
- Company Overview
- 2025 2nd Quarter Results
- Development and Operational Outlook for 2025
Disclaimer
- Consolidated financial figures are prepared based on IFRS standards and audited by certified accountants.
- The company does not provide financial forecasts. Statements regarding future outlook and industry development may differ from actual results. Updates will not be provided proactively.
- Content of this presentation cannot be used or reproduced without prior written consent from the company.
Company Overview
- Founded: June 1981
- Listed: July 2002
- Headquarters: Banqiao District, New Taipei City, Taiwan
- Capital: NT$1.732 billion
- Chairman: Zong-Ren Liao
- Primary Products:
- LED Components
- LED Modules
- LED Lighting Products
- PCBA
- Project Engineering Services
Investment Structure
Bright LED Electronics Group (BRTLED Group)
- DongGuan Bright LED Electronics Ltd.: 100% shareholding
- KoBrite Taiwan Corporation: 100% shareholding
- DongGuan Bright Rise Circuit Board Corp.: 60% shareholding
- KoBrite Corporation: 93% shareholding
- Henan Bright Crystal Company Limited: 74% shareholding
- American Bright Optoelectronics Corporation: 46% shareholding
- DongGuan E-run Electronic Product Ltd.: 23% shareholding
Global Presence
Sales Points
- Locations: USA, Spain, Italy, UK, Switzerland, Germany, Austria, Turkey, South Africa, Singapore, China (Suzhou, Zhumadian, Guangdong), Korea, Taiwan, Hong Kong, Brazil, Russia.
- Capability: Comprehensive global sales network with competitive overseas technical teams providing real-time solutions.
Manufacturing Facilities
- Locations: China (Suzhou, Zhumadian, Guangdong), Taiwan.
Product Categories
Vertical Integration
Core Businesses
- Upstream Products:
- LED Chips
- Sapphire Substrates
- LED Frames
- PCB
- Downstream/Products:
- LED Components
- LED Modules
- Lighting Products
- Engineering Services
Financial Highlights
Consolidated Income Statement (Unit: NT$ thousand)
| Item | 2025/1/1-6/30 | % | 2024/1/1-6/30 | % | Year-over-Year Change | % |
|---|---|---|---|---|---|---|
| Operating Revenue | 534,128 | 100 | 620,908 | 100 | (86,780) | (14) |
| Operating Gross Profit | 153,505 | 29 | 184,016 | 30 | (30,511) | (17) |
| Operating Profit | 32,953 | 6 | 70,795 | 11 | (37,842) | (53) |
| Net Profit | 128,053 | 24 | 88,206 | 14 | 39,847 | 45 |
| Attributable Net Profit | 128,545 | 24 | 88,967 | 14 | 39,578 | 44 |
| EPS (Earnings per Share) | 0.74 | - | 0.51 | - | - | - |
Note: EPS calculated based on weighted average outstanding shares during the period.
Consolidated Balance Sheet (Unit: NT$ thousand)
| Item | 2025/6/30 | % | 2024/12/31 | % | 2024/6/30 | % |
|---|---|---|---|---|---|---|
| Total Assets | 3,508,694 | 100 | 3,597,100 | 100 | 3,699,593 | 100 |
| Cash and Cash Equivalents | 704,937 | 20 | 776,829 | 22 | 601,808 | 16 |
| Financial Assets (Fair Value) | 203,947 | 6 | 202,574 | 6 | 203,283 | 5 |
| Contract Assets | 269,552 | 8 | 268,163 | 7 | 288,556 | 8 |
| Net Accounts Receivable | 432,873 | 12 | 438,658 | 12 | 583,419 | 16 |
| Inventory | 144,272 | 4 | 164,692 | 5 | 172,355 | 5 |
| Financial Assets (OCI Fair Value) | 734,813 | 21 | 804,218 | 22 | 924,834 | 25 |
| Investments (Equity Method) | 269,728 | 8 | 241,651 | 7 | 219,865 | 6 |
| Property, Plant, and Equipment | 331,227 | 9 | 361,000 | 10 | 368,732 | 10 |
| Other Assets | 417,345 | 12 | 339,315 | 9 | 336,741 | 9 |
| Total Liabilities | 678,924 | 19 | 536,970 | 15 | 652,270 | 18 |
| Current Liabilities | 568,313 | 16 | 421,735 | 12 | 566,138 | 15 |
| Non-current Liabilities | 110,611 | 3 | 115,235 | 3 | 86,132 | 2 |
| Total Equity | 2,829,770 | 81 | 3,060,130 | 85 | 3,047,323 | 82 |
Consolidated Cash Flow Statement (Unit: NT$ thousand)
| Item | 2025/1/1-6/30 | 2024/1/1-6/30 |
|---|---|---|
| Beginning Cash and Cash Equivalents | 776,829 | 612,253 |
| Net Cash Flow from Operating Activities | 92,046 | 35,061 |
| Net Cash Flow from Investing Activities | (48,599) | (58,731) |
| Net Cash Flow from Financing Activities | (8,631) | (9,921) |
| Effect of Exchange Rate Changes | (106,708) | 23,146 |
| Ending Cash and Cash Equivalents | 704,937 | 601,808 |
2025 Development and Operational Outlook
- Customized LED products
- Corporate sustainability
- Diversified product packaging
- Lean management
Vision Statement
Brighter World, Brighter Life
A brighter world and brighter lives for everyone.
Website: www.brtled.com