訊舟科技 (3047) 2026Q2 法說會簡報
Company Overview
公司簡介 (Edimax Technology)
- 成立時間 (Founded): 1986
- 首次公開募股 (IPO): 2001
- 實收資本額 (Capital): 約 NT$2,248M (US$71.1M)
- 員工人數 (Employees): 500
- 研發工程師 (R&D Engineers): 150+
- 總部 (Headquarters): 台北 (Taipei), 台灣 (Taiwan)
- 服務中心 (Service Centers): 全球 17 個 (17 worldwide)
- 研發中心 (R&D Center): 台北 (Taipei), 新竹 (Hsin-Chu) (台灣), 東莞 (Dong Guan) (中國)
- 製造中心 (MFG Center): 東莞 (Dong Guan) (中國) I & II
康全電訊公司簡介 (COMTREND Corporation)
- 成立時間 (Founded): 1990年4月 (April 1990)
- 董事長 (Chairman): 潘良榮 (Pan Liang-Jung)
- 總經理 (General Manager): 洪榮隆 (Hong Rong-Long)
- 實收資本額 (Paid-in Capital): NT$660M
- 員工人數 (Employees): 145人
- 營運總部 (Operations Headquarters): 新北市 (New Taipei City), 台灣 (Taiwan)
- 子公司 (Subsidiaries): 美國 (USA), 西班牙 (Spain), 捷克 (Czech), 印度 (India)
Business Segments
訊舟集團 (Edimax Group) 概覽
- ODM (Original Design Manufacturer)
- acelink: 專注於網路應用及雲端解決方案，服務於ODM及SI業務。
- NimbleTech: 無線顯示應用，服務於ODM業務。
- 自有品牌 (Own Brand)
- EDIMAX: 企業及SI解決方案的網路應用自有品牌。
- COMTREND: 全球電信級解決方案的自有品牌。
- SI (System Integrator)
- ABST (安橋科技), SunForce (昇發科技), SMAX (思邁科技): 提供通訊及AIoT解決方案的系統整合服務。
- MFG (Manufacturing)
- iti: 專注於網路產品製造。
2026H1 營運部門別營收 (Revenue by Business Group)
- 單位: NT$'000
| 事業群 (Business Group) | 2026H1 | 2025H1 | 成長率 (Growth%) |
|---|---|---|---|
| 企業零售事業群 (Biz, Retail BG) | 1,157,403 | 1,566,797 | -26.1% |
| 電信事業群 (Telco BG) | 209,296 | 559,565 | -62.6% |
| 其他 (Others) | 176,083 | 107,063 | 64.5% |
| 總計 (Total) | 1,542,782 | 2,233,425 | -30.9% |
2026H1 營運部門別營業損益 (OP by Business Group)
- 單位: NT$'000
| 事業群 (Business Group) | 2026H1 | 2025H1 | 成長率 (Growth%) |
|---|---|---|---|
| 企業零售事業群 (Biz, Retail BG) | (49,900) | 27,064 | -284.4% |
| 電信事業群 (Telco BG) | (121,403) | (32,684) | -271.4% |
| 其他 (Others) | 17,582 | 11,682 | 50.5% |
| 總計 (Total) | (153,721) | 6,062 | -2,635.8% |
Products & Technologies
訊舟科技產品領域 (Edimax Technology Product Portfolio)
- 消費型連接 (Consumer Connectivity)
- "萬物互聯 (all things connected)"
- 範例: 智慧家庭 (SMART HOUSE)
- 企業解決方案 (Enterprise Solution)
- "為各類企業及場所提供整體解決方案 (total solution for various type of biz & locations)"
- 智慧社區 (Intelligent Community): 智慧農業 (Smart Farming), 戶外監控 (Outdoor Monitoring), 智慧交通 (Intelligent Transportation), 智慧辦公室 (Smart Office), 校園安全 (Safety School), 智慧工廠 (Intelligent Factory)
- AIoT服務與安全 (AIoT Service & Security)
- "從開機到雲端到應用程式的安全 (security from boot to cloud to app)"
- 雲端管理服務 (Cloud management service)
- 無所不在的安全 (Omnipresent security)
康全電訊主要產品 (COMTREND Main Products)
- 中繼接取設備 (Relay Access Equipment)
- Dense DPU
- Single Port DPU
- EOC DPU
- Robust MDU
- 寬頻用戶端設備 (Broadband Customer Premises Equipment)
- 電話線路 (Phoneline): Bonding Gateway
- 同軸電纜 (COAX): EOC Gateway
- 光纖 (Fiber): XGS-PON Gateway
- 智慧接取方案 (Smart Access Solutions)
- Smart Access Nod
- G.hn Coax Adapter
- Industrial PLC Adapter
- 雲端管理系統 (Cloud Management System)
- ACS (Auto Configuration Server)
- WifiXtend™ (電信級雲端管理系統 - Telecom Grade Cloud Management System)
2026H1 企業零售事業群產品別營收 (Retail Business Group Revenue by Product)
- 2026H1
- 企業用設備 (Enterprize): 67.1%
- 消費型設備 (Consumer): 19.6%
- 智慧物聯網產&其他 (AIoT & Others): 13.3%
- 2025H1
- 企業用設備 (Enterprize): 62.1%
- 智慧物聯網產&其他 (AIoT & Others): 23.0%
- 消費型設備 (Consumer): 14.8%
2026H1 電信事業群產品別營收 (Telco Business Group Revenue by Product)
- 2026H1
- 寬頻用戶端設備 (Broadband CPE): 57.6%
- 其他 (Others): 19.2%
- 中繼接取設備 (DPU): 16.5%
- 智慧接取方案 (Smart Access): 6.6%
- 2025H1
- 中繼接取設備 (DPU): 68.8%
- 寬頻用戶端設備 (Broadband CPE): 23.2%
- 其他 (Others): 5.0%
- 智慧接取方案 (Smart Access): 3.0%
Clients & Markets
2026H1 企業零售事業群區域別營收 (Retail Business Group Revenue by Region)
- 2026H1
- 日本 (Japan): 40.2%
- 世界其他地區 (ROW): 36.1%
- 北美+歐洲 (NA + EU): 23.7%
- 2025H1
- 日本 (Japan): 51.0%
- 世界其他地區 (ROW): 33.7%
- 北美+歐洲 (NA + EU): 15.4%
2026H1 電信事業群區域別營收 (Telco Business Group Revenue by Region)
- 2026H1
- 歐洲 (Europe): 37.6%
- 亞太地區 (Asia-Pacific): 34.5%
- 北美 (North America): 27.9%
- 2025H1
- 亞太地區 (Asia-Pacific): 71.3%
- 北美 (North America): 17.7%
- 歐洲 (Europe): 11.0%
Financial Highlights
2026Q2 綜合損益表 (Income Statements)
- 單位: NT$'000
| 科目 (Subjects) | 2025Q2 | 2026Q2 | 2026Q1 | YoY Diff | QoQ Diff |
|---|---|---|---|---|---|
| 營收淨額 (Revenue) | 963,144 | 781,708 | 761,074 | (181,436) | 20,634 |
| 營業毛利 (Gross Profit) | 262,814 | 213,580 | 175,535 | (49,234) | 38,045 |
| 營業毛利率 (Gross Profit %) | 27.3% | 27.3% | 23.1% | 0.04% | 4.2% |
| 營業費用 (Expenses) | 281,876 | 281,761 | 261,075 | (115) | 20,686 |
| 營業利益 (Op. Profit) | (19,062) | (68,181) | (85,540) | (49,119) | 17,359 |
| 業外收支 (Non-op Income) | (136,350) | 5,608 | 28,424 | 141,958 | (22,816) |
| 稅前利益 (PBT) | (155,412) | (62,573) | (57,116) | 92,839 | (5,457) |
| 所得稅&停業 (Income Tax) | (4,148) | (7,465) | (6,256) | (3,317) | (1,209) |
| 稅後純益 (PAT) | (159,560) | (70,038) | (63,372) | 89,522 | (6,666) |
| 認列損益 (Income to Owner) | (97,340) | (47,347) | (21,326) | 49,993 | (26,021) |
2026H1 綜合損益表 (Income Statements)
- 單位: NT$'000
| 科目 (Subjects) | 2026H1 | 2025H1 | YoY Diff |
|---|---|---|---|
| 營收淨額 (Revenue) | 1,542,782 | 2,233,425 | (690,643) |
| 營業毛利 (Gross Profit) | 389,115 | 632,363 | (243,248) |
| 營業毛利率 (Gross Profit %) | 25.2% | 28.3% | -3.1% |
| 營業費用 (Expenses) | 542,836 | 626,301 | (83,465) |
| 營業利益 (Operating Profit) | (153,721) | 6,062 | (159,783) |
| 業外收支 (Non-op Income or loss) | 34,032 | (92,359) | 126,391 |
| 稅前利益 (PBT) | (119,689) | (86,297) | (33,392) |
| 所得稅&停業 (Income Tax) | (13,721) | (33,725) | 20,004 |
| 稅後純益 (PAT) | (133,410) | (120,022) | (13,388) |
| 認列損益 (Income Attributable to Owner) | (68,673) | (52,948) | (15,725) |
| 每股盈餘 (EPS (in NT$)) | -0.31 | -0.24 | — |
2026/06/30 簡易資產負債表 (Balance Sheets)
- 單位: NT$'000
資產 (Assets)
| 科目 (Subjects) | 2026/6/30 | % | 2025/12/31 | % | 2025/6/30 | % |
|---|---|---|---|---|---|---|
| 現金及約當現金 (Cash & cash equivalents) | 1,536,426 | 24% | 1,561,317 | 26% | 1,784,966 | 28% |
| 應收票據/帳款 (Accounts/Notes receivable) | 599,678 | 9% | 463,893 | 7% | 668,809 | 10% |
| 存貨 (Inventories) | 895,261 | 14% | 807,580 | 13% | 826,025 | 13% |
| 不動產/廠房/設備 (Property, plant & equipments) | 2,524,831 | 40% | 2,535,990 | 42% | 2,389,503 | 38% |
| 其他資產 (Other assets) | 807,579 | 13% | 712,573 | 12% | 674,627 | 11% |
| 合併資產總額 (Total assets) | 6,363,775 | 100 | 6,081,353 | 100 | 6,343,930 | 100 |
負債及權益 (Liabilities & Equity)
| 科目 (Subjects) | 2026/6/30 | % | 2025/12/31 | % | 2025/6/30 | % |
|---|---|---|---|---|---|---|
| 短期借款 (Short-term borrowings) | 114,879 | 2% | 10,180 | 0.2% | 6,870 | 0.1% |
| 應付票據/帳款 (Accounts/Notes payable) | 748,789 | 12% | 531,875 | 9% | 530,788 | 9% |
| 長期借款 (Long-term borrowings) | 1,608,396 | 25% | 1,621,863 | 27% | 1,520,975 | 24% |
| 其他負債 (Other liabilities) | 811,614 | 13% | 732,576 | 12% | 967,197 | 15% |
| 負債總額 (Total liabilities) | 3,283,678 | 52% | 2,896,494 | 48% | 3,025,830 | 48% |
| 權益總額 (Total equity) | 3,080,097 | 48% | 3,184,859 | 52% | 3,318,100 | 52% |
Additional Data
安全聲明 (Safe Harbor Notice) 本簡報及同時發佈之相關訊息內容，除簡報內之歷史資訊外，簡報事項係屬前瞻性說明。前瞻性說明受到風險及不確定性因素影響，可能造成公司實際業績及成果與前瞻性說明有顯著差異。這些風險及不確定性因素包括國際經濟狀況、市場需求變化、商業環境、上下游供應鏈、競爭行為、獲取和開發特殊項目的能力、資金運作能力、消費者變化、商業消費習慣、匯率波動、及其他各種本公司不能完全控制或根本不能控制的風險因素。
Edimax Technology's statements of its current expectations are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward-looking statements.
聯絡資訊 (Contact Information)
- 更多資訊請造訪 (For more information, please visit): www.edimax.com
- 所有諮詢、建議和意見請寄送至 (For all inquiries, suggestions and comments, please write to): ir@edimax.com.tw