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QVE — Annual Report 2020
Apr 7, 2021
52394_rns_2021-04-07_81243b5b-997b-45a0-94b1-981bfd3414c3.pdf
Annual Report
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廣越企業股份有限公司 QUANG VIET ENTERPRISE CO., LTD.
中國嘉興廠
越南古芝廠
越南前江廠
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新莊金漢總部
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中東約旦廠
QVA-Jordan, 2017
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羅馬尼亞廠
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羅馬尼亞 2 廠
中國宏昌廠
中東約旦 2 廠
股票代號： 4438
台北總部
越南隆安廠
沭陽羽絨廠
TOD-CHINA, 2014
- 受邀參加凱基證券 Q4 Q1 法說會簡報 主講人：廣越 _ 吳朝筆總經理
2021.04.07( 三 )
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- ⚫
本頁簡報主要僅針對此事件是否對本公司營運產生影響做表述，不 對整體新疆棉事件表達意見。
⚫ 關於新疆棉屬於棉花，棉花屬於短纖天然纖維；而本公司代工生產 之樹脂棉外套填充物棉球、棉絲 … 等等皆為 人造化工纖維係屬長纖 ，從本質上根本就是兩種截然不同的產品，故關於棉花受到抵制的 行為，基本上對本公司營運不受影響。至於羽絨外套填充物鵝毛 or 鴨毛，亦屬天然動物性毛草，與棉花更是截然不同。
- ⚫
至於部分研究員或分析師推估，本公司羽絨外套或樹脂棉外套訂單 可能間接得利之推斷，關於此點，本公司一律不對客戶想法做假設 性推斷。
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公司簡介
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創立時間: 1995年10月。 -
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資本額: 新台幣10.34億元。 -
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董事長:楊文賢，總經理:吳朝筆，研發副總:蔡石屏。⚫全球員工人數: 台灣210人(含外派54人)，海外20,329人。
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公司簡介暨集團角色定位
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QVN (Cu Chi, Vietnam)
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Date Established: Y1996 Land Area: 60,000 M² Number of workers : 6,000 Production lines: 115 Lines
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QVT (Tien Giang, Vietnam)
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Date Established : Y2010 Land Area : 81,000 M² Number of workers : 6,000 Production line : 155 Lines
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QVL (Long An)
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Date Established : Q1, 2017 Land Area : 45,000 M² Number of workers : 1,600 Production Line : 45 Lines
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QVC (Jia Xing, China)
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Date Established : Y2003 Land Area : 55,000 M² Number of workers : 2,200 Production line : 92 Lines
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TOD (Shu Yang, China)
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Date Established : Y2014 Land Area : 20,118 M² Number of workers : 99
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公司簡介暨集團角色定位 -BSP
Biancospino S.R.L
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Location: Breaza, Romania Date Established: Oct, 1998 Number of workers : 530 Production lines: 16 Lines
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公司簡介暨集團角色定位 -QVA
Atlanta Garment Manufacturing Company
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Location: Amman, Jordan Date Established: 2003 Number of workers : 1,600 Production lines: 16 Lines
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- 公司簡介暨集團角色定位 金漢
金漢實業股份有限公司
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新莊金漢總部
Location: Xinzhuang, Taiwan Date Established: May 1991 Number of workers : 80
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越南金鴻廠
Location: HồChíMinh, Vietnam Date Established: 2003 Number of workers : 1,200 Production lines: 24 Lines
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越南金漢廠
Location: Tiền Giang, Vietnam Date Established: 2013 Number of workers : 1,300 Production lines: 28 Lines
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- 公司簡介暨集團角色定位 宏昌
宏昌生物醫療科技(平湖)有限公司
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Location: Jia Xing, China Date Established: 2003 Number of workers : 1,100 Production lines:10 workshops
主要產品
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各式高階羽絨衣(Down Jackets) -
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各式高階樹脂棉衣(Primaloft Jackets, Thermoball Jackets, Padding Jackets) -
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各式高階技術產品夾克及褲子(Softshell Jackets, Seam Sealed Jackets, Bonding Jackets, Spring Light Jackets and Pants) -
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各式高階羽絨、鵝絨、鴨絨等(Goose Down, Duck Down) -
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各式高級針織成衣(Knitted garments) -
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手術衣、鋪單、防護衣、口罩、組合包
單位：新台幣仟元
年度產品項目 |
2020年度 |
2020年度 |
2019年度 |
2019年度 |
|---|---|---|---|---|
營業收入淨額 |
比重(%) |
營業收入淨額 |
比重(%) |
|
羽絨夾克 |
5,912,055 | 48.50% | 6,522,710 | 40.12% |
樹脂棉夾克 |
2,794,217 | 22.93% | 4,564,607 | 28.07% |
薄外套、大衣 |
1,228,943 | 10.08% | 2,119,493 | 13.04% |
其他(含針織、原料) |
2,253,642 | 18.49% | 3,052,507 | 18.77% |
合計 |
12,188,857 | 100.00% | 16,259,317 | 100.00% |
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QVE/ QVT Product Category-Sports Wear Brand
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adidas adidas adidas adidas adidas
Puma
Puma NIKE NIKE NIKE Reebok
Reebok Converse New balance 10 New balance Under Armour Under Armour
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QVE/ QVT Product Category-Outerwear Brand
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Merrell
The North Face The North Face
The North Face
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Patagonia
Patagonia
Patagonia
Patagonia
Mont-Bell
Mont-Bell
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Ralph Lauren 11 Ralph Lauren
Helly Hansen
Mammut
Arc’teryx
Arc’teryx
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Milestone( 里程碑 )
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1997
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2005 2006 2007 2008 2009 2011 2013
MONTBELL THE NORTH NIKE PUMA REEBOK ADIDAS PATAGONIA Merrell FACE
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2014 2016 2018 2020 2021 Helly Hansen Mammut ARC’TERYX Marmot HURLEY Black Ralph Lauren New Balance Under Armour Aritzia Diamond Spyder
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主要客戶
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2020 客戶分析實際數 (SPORTS/OUTDOOR)
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SPORTS WEAR 佔 50% ， OUTDOOR WEAR 佔 50%)
- (
註：上圖TNF主要係指The North Face品牌營收比重)
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主要客戶
The Proportion of the Exporting Countries
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營運概況
新台幣(億元)
QVE 歷年合併營收
| 0.00 20.00 40.00 60.00 80.00 100.00 120.00 140.00 160.00 180.00 |
162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 162.59 | 年度 | 合併營收(千元) | 備註 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | 3,741,311 | 自結數 | |||||||||||||
| 2011 | 6,657,044 | 自結數 | |||||||||||||
| 132.80 | 2012 | 6,378,609 | 自結數 | ||||||||||||
| 2013 | 6,597,920 | 查核數 | |||||||||||||
| 93.68 9039 102.04 121.89 |
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| 2014 | 8,488,545 | 查核數 | |||||||||||||
| 84.89 . |
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| 2015 | 9,368,010 | 查核數 | |||||||||||||
| 66.57 63.79 65.98 |
2016 | 9,038,818 | 查核數 | ||||||||||||
| 2017 | 10,203,655 | 查核數 | |||||||||||||
| 2018 | 13,280,440 | 查核數 | |||||||||||||
| 37.41 | |||||||||||||||
| 2019 | 16,259,317 | 查核數 | |||||||||||||
| **2020 ** | 12,188,857 | 查核數 | |||||||||||||
| 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 |
年度
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營運概況
新台幣(億元) QVE 歷年獲利
16.00
13.85
14.00
12.22
12.00 11.28 11.16
10.98
10.00
8.89
8.61
6.86
9.41
8.00 9.03 6.83
6.90
8.57
6.04
6.00 6.98
6.43
6.14
5.47 5.58
5.44
4.00
2.01
2.00
1.66
0.00
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
年度
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| 年度 | 稅前獲利 (仟元) |
股本 (仟元) |
備註 | |||
|---|---|---|---|---|---|---|
| 2010 | 201,007 | 290,799 | 自結數 | |||
| 2011 | 603,957 | 363,498 | 自結數 | |||
| 2012 | 689,964 | 454,373 | 自結數 | |||
| 2013 2014 |
860,710 1,128,222 |
645,247 802,034 |
查核數 查核數 |
|||
| 2015 | 1,221,518 | 922,339 | 查核數 | |||
| 2016 | 888,707 | 1,037,639 | 查核數 | |||
| 2017 | 682,996 | 1,037,639 | 查核數 | |||
| 2018 | 1,115,716 | 1,033,753 | 查核數 | |||
| 2019 | 1,385,291 | 1,033,753 | 查核數 | |||
| 2020 | **686,398 ** | **1,033,753 ** | 查核數 | |||
| 年度 2010 2011 2012 2013 |
稅後獲利 (千元) 165,915 543,643 613,693 643,356 |
股本 (仟元) 290,799 363,498 454,373 645,247 |
備註 自結數 自結數 自結數 查核數 |
|||
| 2014 | 902,865 | 802,034 | 查核數 | |||
| 2015 | 940,594 | 922,339 | 查核數 | |||
| 2016 2017 |
698,307 546,996 |
1,037,639 1,037,639 |
查核數 查核數 |
|||
| 2018 | 857,041 | 1,033,753 | 查核數 | |||
| 2019 | 1,097,607 | 1,033,753 | 查核數 | |||
| 2020 | **557,830 ** | **1,033,753 ** | 查核數 | |||
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營運概況
新台幣(元)
QVE 歷年稅後EPS
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12.00
10.47
10.21
9.73 年度 EPS(元) 股本(仟元)
10.00
2010 2.21 290,799
8.56
8.20 2011 7.27 363,498
7.41
7.43
8.00 7.27 2012 8.20 454,373
2013 8.56 645,247
2014 10.47 802,034
5.07
6.00
2015 10.21 922,339
2016 7.41 1,037,639
5.20
4.00 2017 5.07 1,037,639
2.21 2018 7.43 1,033,753
2019 9.73 1,033,753
2.00
2020 5.20 1,033,753
0.00
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
年度
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營運概況
會計科目/年度 |
2020年度 |
% | 2019年度 |
% |
|---|---|---|---|---|
金額(仟元) |
營收百分比 |
金額(仟元) |
營收百分比 |
|
營業收入 |
12,188,857 | 100.00% | 16,259,317 | 100.00% |
營業成本 |
10,903,247 | 89.45% | 13,714,136 | 84.35% |
營業毛利 |
1,285,610 | 10.55% | 2,545,181 | 15.65% |
營業費用 |
1,005,212 | 8.25% | 1,162,827 | 7.15% |
營業淨利 |
280,398 | 2.30% | 1,382,354 | 8.50% |
營業外收支 |
406,000 | 3.33% | 2,937 | 0.02% |
稅前淨利 |
686,398 | 5.63% | 1,385,291 | 8.52% |
所得稅費用 |
128,568 | 1.05% | 287,684 | 1.77% |
本期淨利 |
557,830 | 4.58% | 1,097,607 | 6.75% |
淨利歸屬於本公司業主 |
537,296 | 4.41% | 1,006,033 | 6.19% |
基本每股盈餘(元) |
5.20 | 9.73 |
(資料來源：經會計師查核簽證之 2020 合併財務報告。 )
計算基本 EPS 之加權平均股數： 2 年度皆為 103,375 仟股。
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營運概況
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前江廠
營運概況
未來營運計劃
工廠 |
2020現有產線 |
2021增加數 |
2022增加數 |
2022合計 |
|---|---|---|---|---|
越南古芝廠 |
115 | +0 | +0 | 115 |
越南前江廠 |
155 | +0 | +5 | 160 |
中國嘉興廠 |
92 | +0 | +0 | 92 |
越南隆安廠 |
45 | +2 | +5 | 52 |
羅馬尼亞廠 |
12 | +2 | +2 | 16 |
中東約旦廠 |
12 | +8 | +8 | 28 |
越南金鴻廠 |
24 | +0 | +0 | 24 |
越南金漢廠 |
32 | +0 | +0 | 32 |
| Total | 487 | +12 | +20 | 519 |
| ( + 2.46% ) | ( + 4.01% ) |
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隆安廠
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成長機會與挑戰
➢ 全球經濟復甦、台 灣景氣穩定趨升、 疫情逐漸緩和下推 動多元佈局。
➢ 全球匯率市場變化。 ➢ 全球成衣市場變化。 ➢ 新疆棉屬一時風波 抑或將蔓延許久。 ➢ Covid-19 後疫情時 代對品牌之影響。
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➢
➢
➢
➢
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➢ 醫療及防護相關事 業群發展醫療商機。
➢ 分別針對不同客群 強化個別開發需求。
➢ 持續不排除尋求轉投 資及策略聯盟機會， 擴大經營規模及利基 型多角化經營。
➢ 每一客群皆可順勢 開發個別品牌獨家 口罩、防疫衣，或 防疫居家毛毯。
➢ 持續深耕北美及中國 大陸市場、及持續佈 局歐洲、日本及其他 國別品牌客戶市場。
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業務發展方向
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延續Micro Puff系列熱潮、廣越2020年與Patagonia合作，除強化 棉絲系列產品類別、串聯消費者使用情境，突破性將用料、棉絲100%換成環保材料，彰顯企業社會責任。革命性提供 棉絲毯 供 露營、居家防疫期間使用，此商品已於疫情期間限量上市，並屢 創線上銷量第一名外，廣越與Patagonia共同創造空氣盾棉絲及經 、 -
典棉絲改良款，能將棉絲觸角延伸至跑步 單車等輕運動使用情 境 -
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廣越2020年首度打入TNF高端時尚系列- BLACK LABEL。款式 設計新潮，包含了BONDING & SEAM SEAL之服裝，不僅鑽精 於工廠的研發層面，面對不同的設計也可以應付自如此外，擴大 約旦生產基地接收柬埔寨&孟加拉轉單針織款式也是本公司極 具發展的項目。 -
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美國運動品牌UNDER ARMOUR跨足OUTWEAR市場,廣越公司 身為UNDER ARMOUR策略夥伴,以高端優良的技術與品牌共同 ， -
研發機能性羽絨服,即使在2020年Covid19疫情的影響下 羽絨服 訂單數量及整體訂單仍有50%左右之成長，前景可期。 -
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廣越與Adidas共同研發第四代(Fw20)超時尚口袋織物羽絨外套， 以創新工法與特殊製程，達到快速交貨目標，款式簡單大方，輕 薄保暖。訂單量超過百萬件，為Adidas Outerwear最為成功的系 列。 -
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新增轉投資公司-宏昌生物醫療科技：PPE產品(高階手術衣、鋪 丹、醫療組合包及滅菌服務等，屬一次性無紡布醫療防護用品之 中高端產品線。另亦有代工既有客戶中高價品牌特殊布料口罩。
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免稅基地
1. 擴大自動化生產比例。
2. 出口免稅優惠：
-
A)
越南出口歐盟自2020/8/1起適用EVFTA免稅優惠。 。 -
B)
約旦廠出口美國&歐盟零關稅 -
C)
歐盟取消柬埔寨免稅優惠，越南與約旦廠已收到轉單效應。
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ISPO戶外機能服裝最佳產品獎
與 adidas 獨家合作開發兼具環保永續性與功能性的戶外機能服裝， 並獲得 ISPO 戶外機能服裝最佳產品獎。
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ISPO國際戶外運動最佳產品獎
與 Mammut 獨家合作開發雷射貼合羽絨服，獲得 。 ISPO 國際戶外運動最佳產品大獎
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智慧衣研發獲金獎肯定
– 智慧衣研發成功 與紡織研究所共同投入智慧型服飾開發。 - 第二代全功能智慧服飾於 2020 年 11 月 。 勇奪 2020 TOG 智慧科技登山服飾系統年度大獎
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智慧衣研發獲金獎肯定
– 智慧衣研發成功 與紡織研究所共同投入智慧型服飾開發。 - 第二代全功能智慧服飾於 2020 年 11 月 。 勇奪 2020 TOG 智慧科技登山服飾系統年度大獎
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