CHROMA — Call Transcript 2025

Nov 7, 2025

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致茂電子股份有限公司 2025年第3季業績說明會(電話會議)

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財務長
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正
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Disclaimer

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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.

This presentation and the information contained herein are the property of Chroma Ate Inc.

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議程

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• 財務數據

• • 營運概況

• • 問與答

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財務數據

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2025年第3季合併損益表摘要

	合併損益表 (單位:佰萬新台幣，除每股盈餘為新台幣元)	2025.3Q %	2025.2Q % QoQ % 2024.3Q % YoY %
	淨營業收入	6,410 100%	6,455 100% (1%) 5,632 100% 14%
	量測儀器事業部之合併營收(淨額)	6,155 96%	6,292 97% (2%) 5,170 92% 19%
	威光自動化事業部之合併營收	187 3%	94 2% 99% 384 7% (51%)
	其他	68 1%	69 1% (1%) 78 1% (13%)
	營業成本	(2,575) (40%)	(2,231) (35%) 15% (2,326) (41%) 11%
	營業毛利	3,835 60%	4,224 65% (9%) 3,306 59% 16%
	營業費用 推銷管理費用 研發費用	(1,336) (21%) (651) (10%)	(1,395) (22%) (4%) (1,290) (23%) 4% (632) (9%) 3% (508) (9%) 28%
	營業淨利	1,848 29%	2,197 34% (16%) 1,508 27% 23%
	營業外收入及支出	3,626 56%	241 4% n/a 237 4% n/a
	稅前淨利 所得稅費用	5,474 85% (360) (5%)	2,438 38% 125% 1,745 31% 214% (431) (7%) (16%) (295) (5%) 22%
	本期淨利	5,114 80%	2,007 31% 155% 1,450 26% 253%
	淨利歸屬於: 本公司業主 非控制權益	5,066 79% 48 1%	1,953 30% 159% 1,426 25% 255% 54 1% (11%) 24 1% 100%
		$ 5,114 80%	$ 2,007 31% 155% $ 1,450 26% 253%
	每股盈餘(基本)	$ 11.99	$ 4.64 158% $ 3.39 254%
	每股盈餘(稀釋)	$ 11.92	$ 4.60 159% $ 3.36 255%

處分待出售非流動資產 ( 轉移住宅用地予員工 ) 金額為新台幣 31 億 8 仟 5 佰萬元。

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2025年前3季合併損益表摘要

		合併損益表 (單位:佰萬新台幣，除每股盈餘為新台幣元)	2025.1~3Q %	2024.1~3Q % YoY %
		淨營業收入	19,730 100%	15,565 100% 27%
		量測儀器事業部之合併營收(淨額)	18,903 96%	14,664 94% 29%
		威光自動化事業部之合併營收	629 3%	661 4% (5%)
		其他	198 1%	240 2% (18%)
		營業成本	(7,522) (38%)	(6,426) (41%) 17%
		營業毛利	12,208 62%	9,139 59% 34%
		營業費用 推銷管理費用 研發費用	(4,110) (21%) (1,888) (10%)	(3,701) (24%) 11% (1,515) (10%) 25%
		營業淨利	6,210 31%	3,923 25% 58%
		營業外收入及支出	4,300 22%	847 5% 408%
		稅前淨利 所得稅費用	10,510 53% (1,233) (6%)	4,770 30% 120% (906) (5%) 36%
		本期淨利	9,277 47%	3,864 25% 140%
		淨利歸屬於:		3,788 25% 141% 76 - 178%
		本公司業主 非控制權益
			$ 9,277 47%	$ 3,864 25% 140%
		每股盈餘(基本)	$ 21.67	$ 9.00 141%
		每股盈餘(稀釋)	$ 21.52	$ 8.93 141%

資產負債摘要及財務指標

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集團合併(單位：佰萬新台幣)		2025. 9月	2024. 12 月	+ / - %
資產負債摘要
現金及流動金融資產		7,171	5,040		42%
存貨		6,982	5,827		20%
短期負債		836	1,417	-	41%
長期負債		3,168	2,108		50%
股東權益		30,059	25,450		18%
總資產		43,160	37,308		16%
存貨週轉天數		230	209
應收帳款週轉天數		85	87
應付帳款週轉天數		120	118
淨負債資產比(%)		Net Cash	Net Cash
股東權益報酬率(%)		29%	22%
資產報酬率(%)		20%	15%
現金流量 (單位：佰萬新台幣)	2025 .前3季	2024 .前3季	同期比較
未計利息稅項折舊及攤銷	11,155	5,378	107%
營業現金流入	2,864	2,951	(3%)
自由現金流量	5,055	1,903	166%

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股東報酬率及資產報酬率皆已年化及扣除第 3 季之處分待出售非流動資產 。

自由現金流量 = 營運活動之淨現金流入 + ( 投資活動之淨現金流出 ) 。

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營運概況

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2025 年第 3 季及前 3 季產品銷售佔比與合併營收明細

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	2025 年 第 3 季及 前 3 季 產	品 銷售佔比與合併營收明細
	(單位:百萬新台幣)	2025.3Q % QoQ YoY 2025.1~3Q % YoY	2024 %
	量測及自動化檢測設備	3,011 55% 12% 74% 7,913 49% 54%	6,825 44%
	半導體/ Photonics 測試解決方案	2,092 38% (5%) 15% 6,896 43% 41%	6,974 45%
	Turnkey Solutions	55 1% (55%) (48%) 328 2% (39%)	685 4%
	其它	334 6% 6% 3% 932 6% 4%	1,168 7%
	母公司營業收入	5,492 100% 3% 38% 16,069 100% 40%	15,652 100%
	+量測事業體海外據點及測試設備相關子公司	663 (31%) (44%) 2,834 (12%)	4,767
	致茂電子檢測設備事業體 含海外量測事業子公司	6,155 96% (2%) 19% 18,903 96% 29%	20,419 95%
	() 威光自動化 其他	187 3% 99% (51%) 629 3% (5%) 68 1% (1%) (13%) 198 1% (18%)	872 4% 313 1%
	集團營收	6,410 100% (1%) 14% 19,730 100% 27%	21,604 97%

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Thank You

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