AI assistant
ABILITY Investor Presentation 2026
52039_rns_2026-05-12_4ebd2579-90ab-431b-8653-4553ab44be47.pdf
Investor Presentation
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住能企業股份有限公司
ABILITY ENTERPRISE CO.,LTD.
Investor Conference 2026Q1
2026/5/12
ABILITY
Agenda
2026 Q1 Financial Result
Outlook
Q&A
ABILITY
2026 Q1 Financial Result
ABILITY
Consolidated IS
(Expressed in millions of TWD, except for EPS)
| 2026 Q1 | 2025 Q1 | YOY | 2025 Q4 | QOQ | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| amt | % | amt | % | amt | diff % | amt | % | amt | diff % | |
| Net Sales | 2,656 | 100.0 | 1,492 | 100.0 | 1,164 | 78.0% | 3,338 | 100.0 | (682) | -20.4% |
| COGS | 2,010 | 75.7 | 1,055 | 70.7 | 955 | 90.5% | 2,615 | 78.3 | (605) | -23.1% |
| Gross Margin | 646 | 24.3 | 437 | 29.3 | 209 | 47.8% | 723 | 21.7 | (77) | -10.7% |
| OP Exp | 405 | 15.2 | 360 | 24.1 | 45 | 12.5% | 450 | 13.5 | (45) | -10.0% |
| OP Income | 241 | 9.1 | 77 | 5.2 | 164 | 213.0% | 273 | 8.2 | (32) | -11.7% |
| Net Non-OP | 33 | 1.2 | 44 | 2.9 | (11) | -25.0% | 92 | 2.8 | (59) | -64.1% |
| PBT | 274 | 10.3 | 121 | 8.1 | 153 | 126.4% | 365 | 10.9 | (91) | -24.9% |
| Tax | 36 | 1.4 | 33 | 2.2 | 3 | 9.1% | 63 | 1.9 | (27) | -42.9% |
| Net Income | 238 | 8.9 | 88 | 5.9 | 150 | 170.5% | 302 | 9.0 | (64) | -21.2% |
| NI (Non-Controlling interests) | 2 | 0.1 | 1 | 0.1 | 1 | 100.0% | 2 | 0.1 | 0 | 0.0% |
| NI (attributable to the parent) | 236 | 8.8 | 87 | 5.8 | 149 | 171.3% | 300 | 9.0 | (64) | -21.3% |
| After-Tax EPS | 0.73 | 0.27 | 0.46 | 0.92 | (0.19) |
ABILITY
Operating Trend
| Net Sales | QOQ | YOY | Gross Margin | QOQ | YOY | OP Income | QOQ | YOY | |
|---|---|---|---|---|---|---|---|---|---|
| 24 Q1 | 1,260 | -5% | 36% | 349 | -12% | 75% | 48 | -45% | 181% |
| 24 Q2 | 1,535 | 22% | 40% | 440 | 26% | 68% | 104 | 117% | 455% |
| 24 Q3 | 1,711 | 11% | 8% | 518 | 18% | 15% | 147 | 41% | 19% |
| 24 Q4 | 1,677 | -2% | 27% | 480 | -7% | 22% | 63 | -57% | -28% |
| 25 Q1 | 1,492 | -11% | 18% | 437 | -9% | 25% | 77 | 22% | 60% |
| 25 Q2 | 2,334 | 56% | 52% | 657 | 50% | 49% | 271 | 252% | 161% |
| 25 Q3 | 2,744 | 18% | 60% | 679 | 3% | 31% | 259 | -4% | 76% |
| 25 Q4 | 3,338 | 22% | 99% | 723 | 6% | 51% | 273 | 5% | 333% |
| 26 Q1 | 2,656 | -20% | 78% | 646 | -11% | 48% | 241 | -12% | 213% |
ABILITY
Gross Margin Trend
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2026/3/31 Important Financial Ratio
Important Financial Ratio
- Debt Ratio : 31%
- Current Ratio : 1.90x
- Quick Ratio : 1.18x
- A/P-days : 103 Days
- A/R-days : 64 Days
- Inventory-days : 107 Days
- Cash Conversion Cycle : -68 Days
2026 Outlook
ABILITY
Capacity vs Product Shipment ratio
85%
China Factory
10%
Vietnam Factory
5%
Taiwan Factory
Hybrid Camera/Instant Printing
- Instant Print-Sharing
- AI Imaging Filter Enhancement
AI Hybrid System
- Hi-Def. Imaging System
- Crime Preventing Application
- Thru-Sound Positioning.
Machine Vision Module
- Thermal-RBG Hybrid Module
- mm-Wave-RBG Hybrid Module
- IR-Large FOV RGB Hybrid Module
- Active Stereo 3D Cam Module
ABILITY
Research and development direction and priorities
OIS/EIS
Algorism Developing
QUALCOW
Developing (Android / Linux)
New SOC Platform
NVIDIA
Enhancing Imaging Calibration in Machine Vision Application with ISP
Multiple Camera Combination Thermal + IR + Laser
Utilizing NN Engine to Improve Camera Performance & Enhance Imaging/Video Quality.
AI Function Enhancement
Noise Cancellation from Motor Human Voice Enhancement Imaging/Video Denoise
Gimbal development
Voice coil motor /Silent /High speed
Interchangeable Lens Mirrorless Camera
High-End Digital Camera System
New ME Material
Special leather and micro-conductive materials
ABILITY
Customer, Technology, Sustainability and Project
Shipment and Project Continuously Grow :
New Japanese brand clients and existing client projects continue to be implemented. Existing production capacity and shipments are expanding, and new large clients are being added. Projects with EU and US clients are expected to continue to be implemented from 2026 to 2028.
Focus what Customer’s need in Technology :
New technologies include thermal imaging optical imaging technology, interchangeable lens mirrorless cameras, robotics and robotic arm technology, and composite image stabilization technology.
Sustainable Competitiveness :
We are dynamically improving supply chain management and energy-saving and carbon-reducing designs to enhance product shipment advantages
New Products and Projects status Update :
The smart sports glasses project is in detailed discussions. The fleet management project is expected to ship in the third quarter, and the robotic arm will begin assembly in the second half of the year. Production of drone-related accessories will begin in Q2, and client projects for precision medicine have also begun.
ABILITY
Safe Harbor Notice
We have made forward-looking statements in the presentation. Our forward-looking statements contain information regarding, among other things, our financial conditions, future expansion plans and business strategies. We have based these forward-looking statements on our current expectations and projections about future events. Although we believe that these expectations and projections are reasonable, such forward-looking statements are inherently subject to risks, uncertainties, and assumptions about us.
We undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in the conference might not occur and our actual results could differ materially from those anticipated in these forward-looking statements.
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Q&A THANK YOU
ABILITY
+886-2-8522-9788
www.abilitytw.com