燦坤實業 [time:2026Q1] 法說會簡報
Company Overview
公司名稱: 燦坤實業(股)有限公司 (Tsann Kuen Enterprise Co., Ltd.) 法說會日期: 2026年05月
投資架構 (截至2026年03月31日)
- 燦坤實業(股)有限公司
- 大力投資 (100%)
- 永益投資 (100%)
- RROWORLD (100%)
- 燦坤印尼 (100%)
企業標語: Anyone Anytime Awesome
企業價值觀:
- 用心經營
- 安心購物環境
- 貼心的服務
- 將需求交給燦坤 放心成家
Financial Highlights
2026年度第一季 損益表
單位: 新台幣千元
| 項目 | 2026/03/31 | % | 2025/03/31 | % | YoY % |
|---|---|---|---|---|---|
| 營業收入 | 4,297,210 | 100.0% | 4,343,865 | 100.0% | -1.1% |
| 營業成本 | (3,661,284) | 85.2% | (3,669,698) | 84.5% | -0.2% |
| 營業毛利 | 635,926 | 14.8% | 674,167 | 15.5% | -5.7% |
| 營業費用合計 | (612,861) | 14.3% | (623,631) | 14.4% | -1.7% |
| 營業利益 | 23,065 | 0.5% | 50,536 | 1.2% | -54.4% |
| 營業外收入及支出合計 | (12,277) | -0.3% | (7,836) | -0.2% | |
| 稅前淨利 | 10,788 | 0.3% | 42,700 | 1.0% | -74.7% |
| 所得稅費用 | (2,229) | -0.1% | (8,674) | -0.2% | |
| 本期淨利(歸屬母公司) | 8,559 | 0.2% | 34,026 | 0.8% | -74.9% |
| 基本每股盈餘(元) | 0.07 | 0.29 |
2026年度第一季 資產負債表
單位: 新台幣千元
| 項目 | 2026/03/31 | % | 2025/03/31 | % | 年增率% |
|---|---|---|---|---|---|
| 現金及約當現金 | 1,512,488 | 10.9% | 1,466,804 | 10.3% | +3.1% |
| 存貨 | 2,807,850 | 20.1% | 2,747,908 | 19.4% | +2.2% |
| 流動資產合計 | 4,594,497 | 33.0% | 4,473,671 | 31.5% | +2.7% |
| 非流動資產合計 | 9,340,575 | 67.0% | 9,717,157 | 68.5% | -3.9% |
| 資產總計 | 13,935,072 | 100.0% | 14,190,828 | 100.0% | -1.8% |
| 應付帳款及票據 | 3,052,956 | 21.9% | 2,841,025 | 20.0% | +7.5% |
| 流動負債合計 | 5,270,850 | 37.8% | 5,229,037 | 36.9% | +0.8% |
| 負債總計 | 9,612,189 | 69.0% | 9,837,315 | 69.3% | -2.3% |
| 權益總計 | 4,322,883 | 31.0% | 4,353,513 | 30.7% | -0.7% |
Business Segments
2025年度全台門市資訊
全台288間門市分佈總覽 此資訊圖表詳細展示了全台總計288間門市在北、中、南、東各區域的數量與佔比，突顯出市場分佈的集中性與差異。
- 總門市數量: 288間
- 區域分佈:
- 北區一 (北北基 - 台北、新北、基隆): 86間 (30%)
- 北區二 (桃竹苗 - 桃園、新竹、苗栗): 44間 (15%)
- 中區 (中彰投 - 台中、彰化、南投): 54間 (19%)
- 南區一 (雲嘉南 - 雲林、嘉義、台南): 46間 (16%)
- 南區二 (高高屏 - 高雄、屏東): 45間 (16%)
- 東區 (宜花東 - 宜蘭、花蓮、台東): 13間 (5%)
KEY FINDING:
- 北部地區門市佔近半數: 北北基與桃竹苗地區合計佔比高達45%。
- 東部地區佔比最低: 宜花東地區門市數量最少，僅佔5%。
Outlook & Strategy
2026年 展望
- 持續拓展新門市
- 整改現有門市
- 強化寵物、銀髮商品、節能家電、數位AI商品銷售
- 導入新會員機制(寵物卡、WanDau)、擴大生態圈經營
Additional Data
歷年現金股利
單位: 台幣元
| 年度 | EPS | Cash Dividend | Payout ratio |
|---|---|---|---|
| 2021 | 3.93 | 3.54 | 90% |
| 2022 | 4.29 | 4 | 93% |
| 2023 | 2.38 | 2.2 | 92% |
| 2024 | 1.61 | 1.5 | 93% |
| 2025 | 0.7 | 0.8 | 114% |
Disclaimer
This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as "anticipate", "believe”, “could”, “estimate”, “expect”, “intend”, “plan", "forecast", "project", "predict”, “potential”, “continue”, “may”, “should”, “will”, and “would” or similar words. You should consider these forward-looking statements carefully because such statements are only our expectations or projections about future events, and actual results may differ materially from those expressed or implied by such statements. The forward-looking statements in this presentation include, but are not limited to, growth rates for various markets estimated by third party sources, future products and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. You should be cautioned that the forward-looking statements are no guarantee of our future performance. The forward-looking statements contained in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law.