Laster Tech — Annual Report 2018

Mar 28, 2019

麗清科技股份有限公司 LASTER TECH CO., LTD. 公司簡介

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www.lastertech.com

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----- Start of picture text ----- –公司簡介 基本資料----- End of picture text -----

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----- Start of picture text ----- 成立日期----- End of picture text -----

資本額

民國88年8月27日

新台幣682,840仟元

麗三上海貿易有限公司

麗清汽車科技(上海)有限公司

董事長 劉美秀 總經理

LED汽車照明之光學模組、 主要產品 LED燈具等

營運總部 台北總部，員工約70名

上海廠 員工約1,000人

海外工廠

員工約400人

東莞廠

麗清科技股份有限公司 (台北總公司) 翔澤國際股份有限公司

麗清電子科技(東莞)有限公司

麗清光電(深圳) 有限公司

麗清科技(泰國) 有限公司

其他

員工約15人

以上子公司均為麗清總公司100%持有

新廠--武漢廠預計本年度六月開始量產

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麗清科技股份有限公司 2 LASTER TECH CO., LTD.

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----- Start of picture text ----- –公司簡介 主要產品----- End of picture text -----

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----- Start of picture text ----- LED車用照明模組----- End of picture text -----

我們提供LED的 垂直整合應用

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----- Start of picture text ----- LED晶片及元件銷售----- End of picture text -----

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----- Start of picture text ----- LED照明燈具----- End of picture text -----

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- –營運概況 簡明損益表----- End of picture text -----

單位﹕新台幣仟元

	單位﹕新台
201520162017	2018
銷貨收入2,740,0413,585,3834,088,040銷貨成本2,287,8982,871,5563,298,543銷貨毛利452,143713,827789,497毛利率16.50%19.91%19.31%營業費用362,596441,342488,921營業利益89,547272,485300,576營業利益率3.30%7.60%7.35%業外收(支)淨額(5,025)(24,203)12,472所得稅(費用)(14,180)(39,125)(52,875)稅後淨利70,342209,157260,173EPS(元)1.273.453.81	4,404,9133,615,313789,60018%554,849234,7516%490(29,300)205,9413.02

2018年營收較上年度成長8%，公司整體受到中美貿易戰造成中國內需市場消費能力下降，汽車 銷售量出現26年以來首次下滑，導致公司成長不如預期，惟在產品滲透率持續提升特性下，抵 消車市下滑情形，公司營收仍可成長，獲利仍可保有EPS 3元。

展望2019年受到中國消費市場變化，中國消費市場疲弱狀況，若中國整體經濟狀況好轉、汽車 銷售量回穩，營運狀況可望樂觀以待。

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- –營運概況 汽車營收逐年成長----- End of picture text -----

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----- Start of picture text ----- 單位：新台幣百萬元4,4024,0883,5792,7401,9881,7334,2443,8601,215 3,3831,2082,5511,7681,1658225222011 2012 2013 2014 2015 2016 2017 2018麗清旗下汽車營收自 LED車燈模組 2011 LED 年起因產品滲透率而快速穩定成長 照明燈具 LED晶片元件銷售----- End of picture text -----

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麗清科技股份有限公司 5 LASTER TECH CO., LTD.

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----- Start of picture text ----- -公司簡介 麗清汽車部之產業位階----- End of picture text -----

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----- Start of picture text ----- 模組 車燈LED元件封裝 車廠Tier 2 Tier 1----- End of picture text -----

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----- Start of picture text ----- 已更名為﹕華域視覺科技----- End of picture text -----

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- -公司簡介麗清站穩中國LED車燈模組市場龍頭地位----- End of picture text -----

中國主要乘用車車廠新車銷售狀況

單位﹕輛

排名	廠商	2018年銷售量	主要配合車燈廠	麗清是否供應
1	上汽大眾	2,065,077	常州星宇，華域視覺**(麗清)**，武漢法雷奧，嘉興海拉，大茂偉瑞柯（麗清）	是
2	一汽大眾	2,036,966	華域視覺(麗清)，長春海拉，常州星宇，大茂偉瑞柯（麗清），長春馬瑞利	是
3	上汽通用	1,969,618	華域視覺**(麗清)**，海拉車燈，三立車燈，	是
4	吉利汽車	1,500,838	福州小糸（麗清），嘉興海拉，三立車燈(麗清)，迅馳(麗清)，大茂偉瑞柯（麗清）浙江金業、法雷奧	是
5	上汽通用五菱	1,355,616	南寧瞭望**(麗清)**，常州星宇	是
6	東風	1,168,524	華域視覺(麗清)，廣州小糸(麗清)，廣州斯坦雷，蕪湖安瑞，迅馳(麗清)，南寧瞭望（麗清）	是
7	長城汽車	915,039	曼德光電，麗清科技	是
8	北京現代	790,177	三立車燈**(麗清)**，韓國現代摩比斯	是
9	上汽乘用車	728,900	華域視覺**(麗清)、迅馳(麗清)**、彤明、天翀	是
10	東風本田	720,689	華域視覺**(麗清)，廣州小糸(麗清)**廣州斯坦雷	是
前十名銷量合計		13,253,000
前十名銷量市占率		59%

．備註：市占率=乘用車車廠銷量/乘用車新車總銷量

．資料來源﹕蓋世汽車網

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- –競爭優勢掌握LED車燈模組關鍵研發核心價值----- End of picture text -----

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----- Start of picture text ----- 機構----- End of picture text -----

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----- Start of picture text ----- 電子----- End of picture text -----

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----- Start of picture text ----- 核心價值----- End of picture text -----

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----- Start of picture text ----- 散熱----- End of picture text -----

• 光、機、熱、電整合設計

• 提供客製化服務

• 符合法規安全

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----- Start of picture text ----- 光學----- End of picture text -----

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- –競爭優勢 擁有良好的訂單能見度----- End of picture text -----

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----- Start of picture text ----- LED車燈產品設計流程----- End of picture text -----

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----- Start of picture text ----- ➢ 設計至量產期間長達1~2年以上➢ LED車燈訂單掌握度及能見度高Conceptual Design概念設計圖Optical Design Mechanical StructureElectrical Design光學設計 結構設計 電子設計----- End of picture text -----

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----- Start of picture text ----- 麗清科技股份有限公司LASTER TECH CO., LTD.----- End of picture text -----

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----- Start of picture text ----- -未來展望 LED車燈未來成長潛力大----- End of picture text -----

全球LED 車燈市場滲透率(2012-2020)

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．資料來源：SNE Research

http://www.sneresearch.com/eng/service/report_show.php?mode=show&id=838

．2017 中國車用照明市場趨勢- LEDinside(2017/05/31)

http://www.ledinside.com.tw/research/20170531-34307.html

．LEDinside: 中國乘用車頭燈用LED產值2022年有望到達12.1億美金（2018/07/17）

https://www.ledinside.com.tw/research/20180717-35484.html

最後，所有傳統汽車車燈 終將全面汰換成LED車燈

頭燈 晝行燈 尾燈 車內燈

根據LEDinside最新報告指出，遠 近頭燈: 2017年在中國遠近燈僅有 2% LED滲透率 (國際市場的平均值 在12%)。最新《2018中國車用照 明市場報告》顯示，中國乘用車的 頭燈用LED產值在2022年預估將達 到12.1億美金，為各項車用應用中 最高。

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麗清科技股份有限公司 10 LASTER TECH CO., LTD.

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----- Start of picture text ----- –未來展望 LED車燈取代傳統車燈----- End of picture text -----

• （１）原本沒使用LED車燈的汽車導入LED車燈 （２）外觀更多部件導入LED車燈

傳統大燈&HID頭燈

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LED頭燈及日型燈 LED尾燈

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----- Start of picture text ----- LED剎車燈及第三剎車燈----- End of picture text -----

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使每台車搭載LED模組的單價持續提高

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麗清科技股份有限公司 11 LASTER TECH CO., LTD.

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----- Start of picture text ----- -未來展望新能源車講求輕薄短小 更省電----- End of picture text -----

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優勢

節能環保 低噪音 經濟 易保養 政策優惠

新能源車的燈具，必然採用LED作為光源 新能源車使用的零部件都要求輕薄短小，我們設計的模組正是如此 本公司截至目前為止，已承接32項新能源車專案

麗清科技股份有限公司 12 LASTER TECH CO., LTD.

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----- Start of picture text ----- -未來展望看好全球LED車頭燈逐步取代傳統車燈----- End of picture text -----

根據國外研究機構Yole Developpement最新研究報告預估，全球LED 車頭燈市場 滲透率將持續提升

氙氣燈 鹵素燈

．資料來源：Yole Developpement 2017/10

https://www.slideshare.net/Yole_Developpement/automotive-lighting-technology-industry-and-market-trends-2017-report- - by yole developpement

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麗清科技股份有限公司 LASTER TECH CO., LTD.

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----- Start of picture text ----- –營運概況 LED車頭燈營收快速成長----- End of picture text -----

近五年LED車頭燈模組營收快速成長

500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 6.4% 100,000 7.4% 2.7 % 50,000 2.3 % 0.8% - 2014 2015 2016 2017 2018 單位：人民幣(仟元) 尾燈 晝行燈 頭燈/霧燈 其他

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麗清科技股份有限公司 14 LASTER TECH CO., LTD.

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2014 Lacrosse RCL

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Excelle 2008 RCL

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通用汽車

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----- Start of picture text ----- GL8 RCL----- End of picture text -----

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GM Lacrosse 2009 RCL

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----- Start of picture text ----- 麗清科技股份有限公司LASTER TECH CO., LTD.----- End of picture text -----

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長城汽車

Haval H2 FP/FT DRL

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大眾汽車

2012 Passat DRL

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Haval H6 DRL

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2016 Magotan RCL

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----- Start of picture text ----- 麗清科技股份有限公司16LASTER TECH CO., LTD.----- End of picture text -----

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本田汽車

Vezel RCL

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豐田汽車

Corolla HEV DRL

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長安汽車 CS75 RCL HID

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觀致汽車 CS75 RCL HID

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麗清科技股份有限公司 17 LASTER TECH CO., LTD.

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捷豹路虎汽車 Jaguar XF Headlamp

奔馳汽車 Mercedes Benz ClassA RCL

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麗清科技股份有限公司 18 LASTER TECH CO., LTD.

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Q & A www.lastertech.com

哈弗H6

Passat

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