AVC — Investor Presentation 2021

Aug 9, 2021

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奇鋐科技股份有限公司 2021 年上半年度法人說明會

2021 年 08 月 09 日

AVC Confidential

 免責宣言

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本報告內容係依現有資訊而做成，上述說明中的
財務或相關資訊可能包含一些對本公司及其子公
司未來前景的說明，這些說明易受重大的風險和
不確定性因素影響，致使最後結果與原先的說明
迥異，是本公司特此聲明，本報告中的內容，僅
為資訊流通之目的而公佈，並非投資建議，本公
司不對報告內容的正確性、完整性或任何使用本
報告內容所產生的損害負任何責任。

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AVC Confidential

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 綜合損益表

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|||||||||
|---|---|---|---|---|---|---|---|
|會計科目|2021.Q2|2021.Q1|2020.Q2|YoY|QoQ|
|營業收入|12,749|10,599|11,605|1,144|9.86%|2,150|20.29%|
|營業毛利|2,310|1,667|1,662|647|38.95%|643|38.55%|
|營業毛利率|18.12%|15.73%|14.32%|3.79%|26.48%|2.39%|15.18%|
|營業費用|953|811|724|229|31.61%|141|17.44%|
|營業費用率|7.47%|7.65%|6.24%|1.24%|19.80%|-0.18%|-2.37%|
|銷售費用|161|152|134|27|20.23%|9|5.63%|
|管理費用|141|122|111|30|27.28%|19|15.83%|
|研發費用|645|550|465|179|38.49%|95|17.21%|
|預期信用減損損失(利益)|6|(13)|13|(8)|-57.26%|19 -143.55%|
|營業淨利|1,357|856|939|419|44.61%|501|58.56%|
|營業淨利率|10.65%|8.08%|8.09%|2.56%|31.63%|2.57%|31.82%|
|業外收支淨額|(1)|40|(73)|71 -98.02%|(41)|-103.60%|
|稅前淨利|1,356|896|866|490|56.57%|460|51.34%|
|所得稅|404|262|246|158|64.27%|142|54.28%|
|母公司稅後淨利|795|541|567|228|40.13%|254|46.98%|
|淨利率|6.24%|5.10%|4.89%|1.35%|27.55%|1.13%|22.19%|
|每股盈餘(台幣元)|2.25|1.53|1.61|0.64|40.13%|0.72|46.98%|

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＊上述財務數據均經會計師查核 / 核閱簽證；幣別為新台幣百萬元

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AVC Confidential

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 綜合損益表

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會計科目	H1'21	H1'20
營業收入	23,348	19,091
營業毛利	3,977	2,551
營業毛利率	17.03%	13.36%
營業費用	1,764	1,305
營業費用率	7.56%	6.84%
銷售費用	314	267
管理費用	263	208
研發費用	1,195	866
預期信用減損損失(利益)	(7)	(36)
營業淨利	2,213	1,197
營業淨利率	9.48%	6.27%
稅前淨利	2,252	1,191
所得稅	665	370
母公司稅後淨利	1,336	762
淨利率	5.72%	3.99%
每股盈餘(台幣元)	3.78	2.16

＊上述財務數據均經會計師查核 / 核閱簽證；幣別為新台幣百萬元

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產品組合

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Q1'21 Q2'21 Q2'20
Interface
Interface
periphera Interface
peripheral ,
System l System 17% System peripheral
assembly 14% assembly, assembly, , 10%
22% 17% 20%
Thermal Thermal,
52% 52% Thermal,
56%
Casing
Casing and
Casing
and Cabinet
and
Cabinet , 14%
Cabinet,
13%
14%
Currency: NTD in Million/ 百萬元
產品組合 Q2'21 Q1'21 Q2'20 YoY QoQ
散熱產品 Thermal 6,638 52% 5,461 52% 6,542 56% 96 1% 1,177 22%
電腦機箱 Casing & Cabinet 1,699 14% 1,347 13% 1,640 14% 59 4% 352 26%
系統產品 System Assembly 2,212 17% 2,305 22% 2,304 20% (92) -4% (92) -4%
周邊部件 Peripheral 2,200 17% 1,487 14% 1,118 10% 1,081 97% 713 48%
合計 12,749 100% 10,599 100% 11,605 100% 1,144 10% 2,150 20%
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 產品組合

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1H'21 Interface 1H'20
Interface
peripheral ,
System
peripheral , 9%
16% assembly,
21%
Thermal,
Thermal,
52%
55%
Casing and
Cabinet,
13%
Casing and
System Cabinet,
assembly, 15%
19%
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Currency: NTD in Million/ 百萬元

產品組合	1H'21	1H'21	1H'20	1H'20	YoY	YoY
散熱產品Thermal	12,098	52%	10,580	55%	1,519	14%
電腦機箱Casing & Cabinet	3,046	13%	2,777	15%	269	10%
系統產品System Assembly	4,517	19%	4,013	21%	503	13%
周邊部件Peripheral	3,686	16%	1,722	9%	1,965	114%
合計	23,348	100%	19,091	100%	4,256	22%

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 營業外收入及支出

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|---|---|---|---|---|---|---|---|
|會計科目|Q2'21|Q1'21|Q2'20|YoY|QoQ|
|淨利息收入(支出)|(30)|(29)|(36)|6 -17.16%|(1)|2.91%|
|投資收益(損失)|3|(2)|14|(11)|-77.33%|5 -242.12%|
|處分固定資產收益(損失)|(68)|(17)|(15)|(53)|352.70%|(51)|310.83%|
|匯兌收益(損失)|(40)|15|15|(55)|-369.87%|(55)|-372.07%|
|資產減損|(15)|(10)|(139)|125 -89.34%|(4)|41.60%|
|其他|148|83|89|59|65.98%|65|77.86%|
|合計|(1)|40|(73)|71 -98.02%|(41)|-103.60%|

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|---|---|---|---|---|
|會計科目|H1'21|H1'20|YoY|
|淨利息收入(支出)|(59)|(90)|31|-34.67%|
|投資收益(損失)|1|13|(12)|-92.88%|
|處分固定資產收益(損失)|(85)|(14)|(71)|510.52%|
|匯兌收益(損失)|(25)|32|(57)|-179.94%|
|資產減損|(25)|(139)|114|-81.81%|
|其他|231|143|88|61.89%|
|合計|38|(55)|94|-169.28%|

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＊上述財務數據均經會計師查核 / 核閱簽證；幣別為新台幣百萬元

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 簡明資產負債表

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會計項目		2021.06.30		2021.03.31		2020.06.30					YoY					QoQ
現金		12,663		11,216		9,716					2,947			30.33%		1,447			12.90%
應收票據/帳款		4,086		3,640		5,670					(1,585)			-27.95%		445			12.23%
存貨		12,237		12,229		9,294					2,942			31.66%		8			0.06%
流動資產		31,607		29,607		26,563					5,044			18.99%		2,000			6.75%
非流動資產		11,697		11,420		10,847					850			7.83%		277			2.42%
資產總額		43,303		41,027		37,410					5,894			15.75%		2,277			5.55%
應付票據/帳款		13,863		14,139		12,633					1,229			9.73%		(276)			-1.95%
其他應付款		3,841		3,650		2,786					1,055			37.89%		191			5.24%
銀行借款總額		9,014		8,362		8,761					254			2.90%		652			7.80%
流動負債		23,108		22,722		21,854					1,254			5.74%		387			1.70%
非流動負債		7,967		7,456		5,986					1,981			33.10%		510			6.85%
負債總額		31,075		30,178		27,840					3,236			11.62%		897			2.97%
母公司股東權益淨額		10,743		10,044		8,994					1,748			19.44%		699			6.96%
每股淨值(台幣元)		30.42		28.45		25.47					4.95			19.44%		1.98			6.96%

＊上述財務數據均經會計師查核 / 核閱簽證；幣別為新台幣百萬元

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 重要財務指標

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	主要財務比率	**2021.06.30 **	**2021.03.31 **	2020.06.30		YoY	YoY	QoQ	QoQ
	流動比率	136.78%	130.30%	121.55%		15.23%	12.53%	6.47%	4.97%
	速動比率	82.87%	74.85%	78.02%		4.85%	6.21%	8.02%	10.71%
	負債比率	71.76%	73.56%	74.42%		-2.66%	-3.57%	-1.80%	-2.44%
	應收帳款周轉天數	32	33	62		(30)	-48.39%	(1)	-3.03%
	庫存周轉天數	110	120	96		14	14.58%	(10)	-8.33%

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 現金流量表

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會計科目	1H'21	1H'20
折舊與攤銷	773	589
營業活動之淨現金流(出)入(A)	1,753	1,854
資本支出(B)	(676)	(744)
投資活動之淨現金流(出)入	(909)	(1,043)
籌資活動之淨現金流(出)入	839	822
期末現金餘額	12,663	9,716
自由現金流量	1,076	1,110

＊上述財務數據均經會計師查核 / 核閱簽證；幣別為新台幣百萬元

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Ｑ＆Ａ

http://www.avc.co

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