聯發紡織 (Lien Fa Textile) [time:2026H1] 法說會簡報
Company Overview
- 公司名稱 (Company Name): 聯發紡織纖維股份有限公司 (Lien Fa Textile Fiber Co., Ltd.)
- 設立日期 (Establishment Date): 民國61年12月11日 (December 11, 1972)
- 股票上市 (Listing Date): 民國83年10月26日 (October 26, 1994)
- 實收資本 (Paid-in Capital): 新台幣268,971,680元 (NTD 268,971,680)
- 土地資產 (Land Assets): 蘆竹廠 (Luzhu Plant)、竹北廠 (Zhubei Plant)、杭州廠 (Hangzhou Plant)
Company History
- 1972年: 公司成立,產製各種針織布。(Company established, producing various knitted fabrics.)
- 1985年: 正式跨足聚酯加工紗業,引進西德製BARMAG高速摩擦式假撚機。(Officially entered polyester textured yarn industry, introduced German-made BARMAG high-speed friction texturing machines.)
- 1992年: 引進UNITEN'S電腦張力偵測儀。(Introduced UNITEN'S computer tension monitoring instrument.)
- 2000年: 竹北廠30台BARMAG AFK1高速磨擦式假撚機試車量產(速度1,100M/Min),8台Autefa AGV無人自動搬運機亦加入生產線。(Zhubei Plant's 30 BARMAG AFK1 high-speed friction texturing machines began trial production (speed 1,100M/Min), 8 Autefa AGV automated guided vehicles also joined the production line.)
- 2001年: 完成自動化品檢包裝輸送系統及自動化倉儲管理系統(儲位6,400個,儲存量8,300噸)。(Completed automated quality inspection, packaging and conveying system, and automated warehousing management system (6,400 storage locations, 8,300 tons storage capacity).)
- 2002年: 30台BARMAG AFK2高速磨擦式假撚機試車量產(速度1,310M/Min)。(30 BARMAG AFK2 high-speed friction texturing machines began trial production (speed 1,310M/Min).)
- 2006年: 成立杭州聯發纖維有限公司,並落戶于杭州經濟技術開發區。(Established Hangzhou Lien Fa Fiber Co., Ltd., and settled in Hangzhou Economic and Technological Development Zone.)
- 2007年: 杭州聯發纖維有限公司正式投產。(Hangzhou Lien Fa Fiber Co., Ltd. officially commenced production.)
- 2017年: 杭州聯發纖維有限公司增設10台384錠eAFK高速磨擦式假撚機。(Hangzhou Lien Fa Fiber Co., Ltd. added 10 384-spindle eAFK high-speed friction texturing machines.)
- 2020年: 與遠東新世紀合作開發生產各項環保紗種的系列產品。(Collaborated with Far Eastern New Century to develop and produce various series of eco-friendly yarns.)
- 2021年: 子公司金聯發實業股份有限公司處分高雄市三民區覆鼎金段土地共計3861m²。(Subsidiary Jin Lien Fa Industry Co., Ltd. disposed of land in Fudingjin section, Sanmin District, Kaohsiung City, totaling 3861m².)
- 2025年: 竹北廠5月份起整廠區出租予緯創資通股份有限公司,租期10年。(Zhubei Plant's entire factory area leased to Wistron Corporation starting May, for a term of 10 years.)
- 2026年: 蘆竹廠5月份起整廠區出租予神腦國際企業股份有限公司,租期10年。(Luzhu Plant's entire factory area leased to Senao International Co., Ltd. starting May, for a term of 10 years.)
Products & Technologies
主要產品 (Main Products)
- 環保纖維 (Eco-friendly fiber)
- 伸縮彈性絲 (Stretch elastic yarn)
- 易拉絲 (Easy-stretch yarn)
- 吸濕排汗纖維 (Moisture-wicking fiber)
- 輕量保溫中空纖維 (Lightweight thermal hollow fiber)
- 超細丹尼加工絲 (Super fine denier textured yarn)
環保纖維 (Eco-friendly Fiber)
- 製程 (Process): 將寶特瓶的蓋子與標籤清除洗淨 → 粉碎切細處理成碎片 → 加熱熔融製成塑膠粒 → 紡成再生纖維。 (Remove caps and labels from PET bottles, wash → crush and finely process into flakes → heat and melt into plastic pellets → spin into recycled fibers.)
- 環保紗用途 (Eco-friendly Yarn Uses):
- 秉持綠色節能及減少環境負擔,並同時獲得國際環保組織(G. R. S)認証。(Adhering to green energy saving and reducing environmental burden, and obtained G.R.S. (Global Recycled Standard) certification.)
- 應用領域 (Application Areas): 運動服飾、牛仔褲、韻律服、西裝服飾 (Sportswear, jeans, activewear, suits).
- 目前主流規格 (Current Mainstream Specifications):
- 環保紗 (Eco-friendly yarn)
- 環保複合紗 (Eco-friendly composite yarn)
- 環保吸濕排汗 (Eco-friendly moisture-wicking)
- 環保抗紫外線 (Eco-friendly UV-resistant)
- 環保複合彈性紗 (Eco-friendly composite elastic yarn)
伸縮彈性絲 (Stretch Elastic Yarn)
- 定義 (Definition): 彈性包覆紗 (Elastic covered yarn) 為彈性絲包覆紗線之意思 (meaning elastic yarn covered with other yarn).
- 特性 (Characteristics):
- 性質有如橡膠般之高彈性及伸縮性 (High elasticity and stretchability like rubber).
- 具備拉伸強度、拉伸應力 (Tensile strength, tensile stress).
- 彈性包覆紗即是將少量彈性纖維與其他主要紗種類一起混紡使用,一般含量(2%-15%)。(Elastic covered yarn is made by blending a small amount of elastic fiber with other main yarn types, typically 2%-15% content.)
- 用途 (Uses): 成衣、泳衣、鞋材、韻律服,運動服飾。(Apparel, swimwear, shoe materials, activewear, sportswear.)
易拉絲 (Easy-stretch Yarn)
- 製程 (Process): 透過聚酯纖維捻紗的加工方式,產生的「機械拉伸」使紗線具有比一般加工絲更優異的彈性。(Through the processing method of twisting polyester fibers, the resulting "mechanical stretch" gives the yarn superior elasticity compared to general textured yarns.)
- 特性 (Characteristics):
- 透氣性佳 (Good Breathability): 大多數機械伸縮布料具有良好的透氣性。(Most mechanical stretch fabrics have good breathability.)
- 柔軟舒適 (Soft and Comfortable): 這種布料通常較為柔軟,具有良好的彈性效果,且不易產生皺褶,織物具蓬鬆柔軟及豐厚感。(This fabric is usually softer, has good elasticity, is not prone to wrinkles, and the fabric has a fluffy, soft, and rich feel.)
- 用途 (Uses): 運動服、韻律服、休閒裝、泳裝、內衣、襪子等。(Sportswear, activewear, casual wear, swimwear, underwear, socks, etc.)
吸濕排汗纖維 (Moisture-wicking Fiber)
- 原理 (Principle): 藉由異形斷面纖維,改變其纖維結構,達到吸濕快乾效果。(Achieves moisture-wicking and quick-drying effects by using special cross-section fibers, altering their fiber structure.)
- 產品特性 (Product Characteristics):
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- 從皮膚上吸收汗水型態的水分。(Absorbs sweat-like moisture from the skin.)
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- 將織物內表面的水分輸送到其外表面。(Transports moisture from the inner surface of the fabric to its outer surface.)
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- 將該水分擴散到廣大的表面,以利其透過蒸發而被釋放到周圍的空氣中。(Spreads the moisture over a large surface area, allowing it to evaporate and release into the surrounding air.)
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- 用途 (Uses): 運動衣褲、襪子,毛巾。(Sportswear, socks, towels.)
輕量保溫中空纖維 (Lightweight Thermal Hollow Fiber)
- 纖維斷面為中空狀特點 (Characteristics of Hollow Cross-section Fiber):
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- 較一般纖維重量更輕。(Lighter weight than ordinary fibers.)
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- 蓄熱保溫之效果。(Heat storage and thermal insulation effect.)
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- 布料輕盈、柔軟舒適。(Lightweight, soft, and comfortable fabric.)
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- 具有永久性保暖效果。(Has permanent warmth retention effect.)
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- 用途 (Uses): 冬季衣著布料、保暖衣、運動服飾。(Winter apparel fabrics, thermal wear, sportswear.)
Financial Highlights
合併損益表 (Consolidated Income Statement)
單位:新台幣仟元 (Unit: NTD Thousand)
| 項目 (Item) | 2026年1~6月 (Jan-Jun 2026) | 2025年1~6月 (Jan-Jun 2025) |
|---|---|---|
| 營業收入淨額 (Net Operating Revenue) | 488,149 | 539,889 |
| 營業成本 (Operating Costs) | 384,291 | 495,544 |
| 營業毛利(損) (Gross Profit (Loss)) | 103,858 | 44,345 |
| 營業費用 (Operating Expenses) | 56,164 | 43,935 |
| 營業淨利(損) (Operating Profit (Loss)) | 47,694 | 410 |
| 營業外收入及支出 (Non-operating Income and Expenses) | 391,843 | 221,140 |
| 繼續營業單位稅前淨利(損) (Profit (Loss) Before Tax from Continuing Operations) | 439,537 | 221,550 |
| 所得稅(費用)利益 (Income Tax (Expense) Benefit) | (45,409) | 1,329 |
| 停業單位利益(損失) (Profit (Loss) from Discontinued Operations) | 0 | (186,233) |
| 本期淨利(損) (Net Profit (Loss) for the Period) | 394,128 | 36,646 |
2026年營運概況-合併損益表 (2026 Operational Overview - Consolidated Income Statement)
單位:新台幣仟元 (Unit: NTD Thousand)
| 項目 (Item) | 4~6月 (Apr-Jun 2026) | 1~3月 (Jan-Mar 2026) |
|---|---|---|
| 營業收入淨額 (Net Operating Revenue) | 256,989 | 231,160 |
| 營業成本 (Operating Costs) | 196,771 | 187,520 |
| 營業毛利(損) (Gross Profit (Loss)) | 60,218 | 43,640 |
| 營業費用 (Operating Expenses) | 36,829 | 19,335 |
| 營業淨利(損) (Operating Profit (Loss)) | 23,389 | 24,305 |
| 營業外收入及支出 (Non-operating Income and Expenses) | 395,157 | (3,314) |
| 繼續營業單位稅前淨利(損) (Profit (Loss) Before Tax from Continuing Operations) | 418,546 | 20,991 |
| 所得稅利益(費用) (Income Tax Benefit (Expense)) | (34,082) | (11,327) |
| 本期淨利(損) (Net Profit (Loss) for the Period) | 384,464 | 9,664 |
Recent Performance and Results
營運概況-合併營收 (Operational Overview - Consolidated Revenue)
單位:新台幣仟元 (Unit: NTD Thousand)
| 月份 (Month) | 2026年 (2026) | 2025年 (2025) |
|---|---|---|
| 1月 (Jan) | 82,826 | 98,437 |
| 2月 (Feb) | 47,656 | 121,057 |
| 3月 (Mar) | 99,917 | 142,301 |
| 4月 (Apr) | 94,353 | 97,944 |
| 5月 (May) | 82,210 | 85,172 |
| 6月 (Jun) | 78,449 | 87,161 |
| 7月 (Jul) | 95,047 | 90,428 |
| 8月 (Aug) | 77,340 | 90,191 |