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益登 2025Q4 法人說明會
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法人說明會
益登 2025Q4 法說會簡報重點與營運摘要

EDOM Technology 2025年法人說明會簡報

Company Overview

  • Company Name: EDOM Technology (EDOM TECHNOLOGY CO., LTD.)
  • Slogan: Your Best Solutions Partner
  • Established: 1996
  • Headquarters: 台北 (Taipei)
  • Global Footprint: 31處據點 (31 locations)
  • Employees: 約750位員工 (Approx. 750 employees)
  • 2024 Revenue (Forecast): US$35億元 (US$3.5 billion)
  • Global Ranking: 全球第十大半導體代理商 (Global Top Ten Semiconductor Distributor) (Source: Gartner, March 2025, Worldwide Ranking)

Major Principals (主要代理)

  • AMD
  • AsteraLabs
  • MARVELL
  • Kingston Technology
  • MPS (Monolithic Power Systems)
  • NVIDIA
  • ROHM
  • SANDISK
  • SILICON LABS
  • SKYWORKS
  • SONY
  • ST (STMicroelectronics)
  • SUPERMICRO
  • synaptics
  • TDK InvenSense
  • ZEISS

Business Model & Capabilities

  • 掌握趨勢 (Grasping Trends):
    • 投入潛力市場 (Invest in potential markets)
    • 合作新創企業 (Collaborate with startups)
    • 積極挖掘跨產業商機 (Actively explore cross-industry opportunities)
  • 平台涵蓋 (Platform Coverage):
    • 人工智慧物聯網(AIoT) (AI of Things)
    • 汽車應用 (Automotive applications)
    • 網通及資料中心 (Networking & Data Center)
    • 電源管理 (Power Management)
    • 行動通訊 (Mobile Communication)
    • 醫療生技 (Medical Biotechnology)
  • 資源整合 (Resource Integration):
    • IC原廠 (IC manufacturers)
    • 模組廠 (Module manufacturers)
    • 系統整合(SI) (System Integrators)
    • 一般軟體供應商 (General software vendors)
    • 獨立軟體供應商(ISV) (Independent Software Vendors)
    • 客戶 (Customers)
  • 專業支援 (Professional Support):
    • 技術支援 (Technical support)
    • 超過150位工程人員 (Over 150 engineers)
    • 運籌管理 (Logistics management)
    • 市場開發 (Market development)
    • 客戶服務 (Customer service)

Global Footprint

  • Operating Locations: 31處營業據點
  • Warehousing Locations: 2處倉儲據點
  • 大中華區 (Greater China):
    • 台北總部 (Taipei HQ), 台中 (Taichung), 桃園 (Taoyuan), 新竹 (Hsinchu), 台南 (Tainan)
    • 武漢 (Wuhan), 西安 (Xi'an), 成都 (Chengdu), 重慶 (Chongqing), 東莞 (Dongguan), 深圳 (Shenzhen), 廣州 (Guangzhou), 香港 (Hong Kong), 珠海 (Zhuhai), 福州 (Fuzhou)
    • 北京 (Beijing), 大連 (Dalian), 青島 (Qingdao), 上海 (Shanghai), 南京 (Nanjing), 合肥 (Hefei), 杭州 (Hangzhou), 蘇州 (Suzhou), 鄭州 (Zhengzhou), 廈門 (Xiamen)
  • 東北亞 (Northeast Asia):
    • 日本 (Japan), 韓國 (South Korea)
  • 東南亞&印度 (Southeast Asia & India):
    • 新加坡 (Singapore), 馬來西亞 (Malaysia), 泰國 (Thailand), 越南 (Vietnam), 印度 (India)

Financial Highlights

Investment Safety Statement (投資安全聲明)

  • This presentation contains forward-looking statements regarding operating results, financial status, and business performance. These statements are subject to risks and uncertainties, including market demand, regulatory changes, commercial environment shifts, and other factors beyond the company's control, which may cause actual results to differ significantly from those expressed in forward-looking statements.
  • Financial data in this presentation is prepared in accordance with International Financial Reporting Standards (IFRS).
  • Except as required by law, the company does not undertake any obligation to update or amend any forward-looking statements in this presentation, whether due to new information, future events, or other reasons.

Consolidated Income Statement (綜合損益表)

(Unit: 新台幣仟元)

項目 (Item)Q3 25Q2 25QoQQ3 24YoY3Q 253Q 24YoY
營業收入 (Operating Revenue)28,537,48027,119,8465.2%30,644,289(6.9%)84,240,07979,991,4495.3%
營業成本 (Operating Cost)(27,598,772)(26,203,707)5.3%(29,694,964)(7.1%)(81,395,894)(77,404,547)5.2%
營業毛利 (Gross Profit)938,708916,1392.5%949,325(1.1%)2,844,1852,586,9029.9%
毛利率 (Gross Margin)3.3%3.4%3.1%3.4%3.2%
營業費用 (Operating Expenses)(543,457)(454,354)19.6%(520,460)4.4%(1,538,482)(1,457,139)5.6%
營業淨利 (Operating Income)395,251461,785(14.4%)428,865(7.8%)1,305,7031,129,76315.6%
營業利益率 (Operating Margin)1.4%1.7%1.4%1.5%1.4%
財務成本 (Financial Costs)(273,797)(270,244)1.3%(322,494)(15.1%)(853,334)(1,095,207)(22.1%)
其他營業外收支 (Other Non-Operating)107,766(185,559)(911,052)(59,272)(757,997)
稅前淨利 (Profit Before Tax)229,2205,9823,731.8%(804,681)393,097(723,441)
所得稅費用 (Income Tax Expense)(40,887)(8,226)397.0%163,819(84,916)144,833
稅後淨利歸屬本公司業主 (Net Profit to Owners)188,333(2,244)(640,862)308,181(578,608)
淨利率 (Net Profit Margin)0.66%(0.01%)(2.1%)0.4%(0.7%)
基本每股盈餘(元) (Basic EPS (NT$))0.70(0.01)(2.38)1.14(2.14)(註)
加權平均流通在外股數 (Weighted Avg. Shares)269,830269,830269,830269,830269,830
  • 註 (Note): 估列相關訴訟賠償準備1,017,371仟元,認列相關影響數前之稅後淨利為218,429仟元,稅後每股盈餘原為0.81元 (Estimated litigation compensation provision of NT$1,017,371 thousand. Net profit after tax before recognizing related impact was NT$218,429 thousand, and EPS was originally NT$0.81).

Balance Sheet (資產負債表)

(Unit: 新台幣仟元)

項目 (Item)2025/9/30%2025/6/30%2024/9/30%
現金及約當現金 (Cash & Equivalents)2,786,0109.72,066,4219.42,939,37410.9
應收票據及帳款 (Notes & A/R)1,672,5225.8976,1624.42,577,5149.5
其他應收款 (Other Receivables)11,192,66939.07,372,33433.56,964,59525.7
存貨 (Inventory)9,429,40332.88,038,77536.511,018,70740.7
其他流動資產 (Other Current Assets)488,5091.7548,8962.6632,5952.4
非流動資產 (Non-Current Assets)3,148,83911.02,995,38013.62,932,59310.8
資產總計 (Total Assets)28,717,952100.021,997,968100.027,065,378100.0
短期借款 (Short-term Borrowings)6,154,34221.45,925,41126.97,465,65227.6
應付票據及帳款 (Notes & A/P)13,196,82346.07,457,72133.910,704,57839.6
其他流動負債 (Other Current Liabilities)3,089,78510.72,849,66613.02,470,1819.0
長期借款 (Long-term Borrowings)365,5601.3527,3592.4692,6902.6
其他負債 (Other Liabilities)1,313,3204.61,182,2595.41,245,0064.6
負債總計 (Total Liabilities)24,119,83084.017,942,41681.622,578,10783.4
股東權益總計 (Total Equity)4,598,12216.04,055,55218.44,487,27116.6

Financial Ratios (財務指標)

財務指標 (Financial Indicator)3Q252Q253Q24
應收帳款週轉天數 (DSO)413438
存貨週轉天數 (DIO)312941
應付帳款週轉天數 (DPO)443546
營運週期 (Operating Cycle)282833
流動比率 (Current Ratio)114%117%117%
營運資產報酬率 (ROWC)17.4%20.7%17.4%

Recent Performance and Results

Operating Revenue (營運收入)

(Unit: 新台幣佰萬元)

YearTotal RevenueQ1Q2Q3Q4
2021108,23722.7%21.6%27.1%28.6%
2022118,70724.5%23.1%26.8%25.6%
2023107,19522.6%21.2%26.3%29.9%
2024113,25621.8%21.7%27.1%29.4%
2025 3Q YTD84,24033.9%*32.2%*33.9%*
*Percentages for 2025 3Q represent the proportion of each quarter's revenue to the 3Q YTD total.

Revenue & YoY Growth Rate (營運收入&營收年增率)

(Unit: 新台幣佰萬元)

QuarterOperating RevenueRevenue YoY Growth Rate
2023Q124,216-16.7%
2023Q222,780-17.0%
2023Q328,152-11.4%
2023Q432,0475.3%
2024Q124,7152.1%
2024Q224,6328.1%
2024Q330,6448.9%
2024Q433,2653.8%
2025Q128,58315.7%
2025Q227,12010.1%
2025Q328,537-6.9%

Gross Margin & Operating Margin (毛利率&營業利益率)

(Unit: 新台幣仟元)

QuarterGross ProfitGross MarginOperating IncomeOperating Margin
2023Q1822,4083.4%382,6851.6%
2023Q2725,3873.2%339,3991.5%
2023Q3869,3243.1%376,6801.3%
2023Q4906,7822.8%415,0531.3%
2024Q1806,6853.3%330,0341.3%
2024Q2830,8923.4%370,8641.5%
2024Q3949,3253.1%428,8651.4%
2024Q41,005,2023.0%497,3771.5%
2025Q1989,3383.5%448,6671.6%
2025Q2916,1393.4%461,7851.7%
2025Q3938,7083.3%395,2511.4%

Operating Cycle (營運資金週期)

  • 2025Q3:
    • 應收帳款週轉天數 (Days Sales Outstanding - DSO): 41
    • 存貨週轉天數 (Days Inventory Outstanding - DIO): 31
    • 應付帳款週轉天數 (Days Payable Outstanding - DPO): 44
    • 營運週期 (Operating Cycle): 28

Return on Working Capital (ROWC) (營運資產報酬率)

  • 2025Q3:
    • 營運資產佔營收比率 (Working Capital to Revenue Ratio): 0.08
    • 營運資產報酬率(季度) (ROWC (Quarterly)): 17.4%
    • 營運資產報酬率(年度) (ROWC (Annual)): 19.1% (Trailing 12-month or annualized figure)

EPS & ROE (每股盈餘&股東權益報酬率)

(Unit: 新台幣元)

QuarterEPSROE (Quarterly)ROE (Cumulative Annual)
2023Q1($0.01)-0.3%-0.3%
2023Q2($0.16)-1.8%-3.3%
2023Q3$0.081.6%-0.6%
2023Q4$0.122.4%0.1%
2024Q1$0.285.9%5.9%
2024Q2($0.05)2.5%-1.1%
2024Q3($0.24)-16.3%-11.8%
2024Q4$0.051.1%10.6%
2025Q1$0.4510.6%20.4%
2025Q2($0.01)5.5%20.7%
2025Q3$0.7016.4%8.9%
  • EPS:以加權平均流通在外股數為基礎 (EPS: Based on weighted average shares outstanding)

EPS & Cash Dividend (每股盈餘&現金股利)

(Unit: 新台幣元)

YearEPSCash Dividend
2021$4.63$3.40
2022$3.11$2.00
2023$0.02$1.00
2024($2.10)$0.00
  • EPS:以當年度加權平均流通在外股數為基礎 (EPS: Based on weighted average shares outstanding for the year)

Business Segments

2025 Q1Q3 Application Platform (2025年Q1Q3應用平台)

  • 無線通訊 (Wireless Communication): 48.5%
  • 消費性電子 (Consumer Electronics): 24.9%
  • 電腦周邊 (Computer Peripherals): 13.0%
  • 有線通訊 (Wired Communication): 4.1%
  • 工業電子 (Industrial Electronics): 3.4%
  • 其他 (Others): 6.1%

2025 Q1~Q3 Application Platform YoY Comparison (應用平台年增率比較)

(Unit: 美金佰萬元)

Application PlatformYoY Growth (2025 Q1Q3 vs 2024 Q1Q3)
無線通訊 (Wireless Communication)+2.5%
消費性電子 (Consumer Electronics)-3.0%
電腦周邊 (Computer Peripherals)+58.8%
有線通訊 (Wired Communication)+1%
工業電子 (Industrial Electronics)+26.6%
儲存設備 (Storage Devices)+82.5%
車用電子 (Automotive Electronics)+47.2%

Products & Technologies

2025 Q1Q3 Product Categories (2025年Q1Q3產品種類)

  • 類比元件 (Analog Components): 64.5%
  • 微控制器元件 (Microcontroller Components): 9.8%
  • 邏輯元件 (Logic Components): 7.8%
  • 記憶元件 (Memory Components): 7.0%
  • 非光學傳感元件 (Non-Optical Sensor Components): 8.8%
  • 其他 (Others): 2.1%

2025 Q1~Q3 Product Categories YoY Comparison (產品種類年增率比較)

(Unit: 美金佰萬元)

Product CategoryYoY Growth (2025 Q1Q3 vs 2024 Q1Q3)
類比元件 (Analog Components)+0.5%
微控制器元件 (Microcontroller Components)+37.8%
邏輯元件 (Logic Components)+11.2%
記憶元件 (Memory Components)+41.7%
非光學傳感元件 (Non-Optical Sensor Components)+9.3%
分離元件 (Discrete Components)+2.7%
光學元件 (Optical Components)-27.6%
特殊應用積體電路 (Application Specific Integrated Circuits - ASIC)-21.1%

Clients & Markets

Application Areas (應用領域)

  • 汽車 (Automotive)
  • 物聯網 (IoT)
  • 資料中心 (Data Center)
  • 人工智慧 (AI)
  • 安防 (Security)
  • 手機/平板電腦 (Mobile/Tablet)
  • 儲能/新能源 (Energy Storage/New Energy)
  • 醫療 (Medical)

Additional Data

Revenue (US$millions)

  • 2020: 3,685
  • 2021: 3,867
  • 2022: 3,983
  • 2023: 3,431
  • 2024: 3,526

Q&A Thank You !

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