SDI — Investor Presentation 2021

Jun 8, 2021

順德公司法說簡報 ( 2351:TT SDI )

1

SDI概況

產品分類及營收比重

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五金文具 五金文具
17% 16%
電子 電子
83% 84%
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2020 1Q21
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財務資訊
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員工數
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全球員工數2,549人
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研發人員141 人
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市場佔有率
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功率導線架 五金文具

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導線架
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No.1
Taiwan
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No.4 No.1
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資料來源 : SEMI Industry Research and Statistic , April 2020

2

公司沿革

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陳水錦先生創立
順德製造所，製
榮獲數位時代雜誌評為
造手牌鉛筆刀 成立電子事業部
「科技業一百大公司」
門，生產半導體導 南投二廠新建完成，
榮獲
線架及IC插座等 導線架產能倍增
與三菱合作成立異形材 ISO500001、
(DG)加工廠 CSR認證
集團成立
60 週年
第5屆
卓越中堅
企業獎
1967 1996 1998 2007 2012 2015 2018
1953 1983 2005 2010 2013 2016 2019
電子類股掛
牌上市
(2351)
完成江蘇廠三期擴
建工程
公司改組，成
順德公益慈善基金
立順德工業股 會成立
份有限公司 INGENUITY
職人用工藝刀榮獲德
順德工業(江蘇) 國、日本、台灣產品 25屆國家品質獎
有限公司成立 I-PULO 雙主修修 設計大獎 卓越經營獎
正帶榮獲德國iF LEED黃金級認證
產品設計大獎
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3

全球據點

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Osaka, Japan
順德文具
(日本銷售辦事處)
順德電子
(日本銷售辦事處)
彰化, 台灣順德總部
(R&D、電子/文具製造)
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Menton, France
順德(歐洲銷售辦事處)
Virginia, USA
順德(美國銷售辦事
處)
Jiangsu,順德江蘇廠
(電子/文具製造)
工廠
銷售辦事處
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南投, 台灣 順德，德輝，朝新 (蝕刻製造，鋼鐵材加工)

4

國際認證

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• CSR 2019 Certified 2020

• IECQ QC 080000:2017 Certified 2019

• IATF16949:2016 Certified 2018

• OHSAS 18001:2007 Certified 2017

• CNS15506:2011 Certified 2017

• ISO 9001:2015 Certified 2017

• ISO14001:2015 Certified 2017

• ISO 50001:2011 Certified 2016

• AEO Certified 2016

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5

Electronic Products Applications

• Automotive Industry • Motor control units ~~•~~ Home applications : Air conditioners , washing machines , Micro wave

• • Traction : High speed train ,subway power Unit • 5G base station

• • Comfort & Control ADAS Application • ICE Powertrain • Radar system • xEV e-Power train • Body system • Parking Brake • Steering & Suspension • Computing , • BMS • Sensor Consumer • Mobile device • DSC-Inverter • Powertrain • Power charger • Security : smart card • VCM Spring

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6

產業趨勢

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全球市場市場佔有率
MHT
10.8%
Others CWT
34.8%
9.5%
US$
3,174M Shinko
8.3%
SDI
ASM 7.4%
Pacific
7.4%
功率導線架全球市場佔有率
SDI
16.9%
Others
38% Jihlin
US$ 13%
733M
CWT
10.4%
TSP
Enomoto 9.5%
8.2%
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終端市場應用
100%
8% 7% 6% 6% 5%
90%
80% 31% 31% 30% 29%
34%
70%
60%
50% 30%
29%
32% 34%
31%
40%
30%
20%
34% 36%
31% 30%
27%
10%
0%
2017 2018 2019 2020 1Q21
Automotive Industrial Comsumer Others
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Source : SEMI Industry Research and Statistics, April 2020

7

產業趨勢

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8

競爭優勢

• 局部精密貴金屬電鍍技術 (Ni/Pd/Au 鎳鈀金)(Ag 銀)

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散熱技術-精密鉚接及 異型材料垂直整合

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複雜多峰壓延成型

表面粗化技術通過 MSL-1規範

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Clip-複雜的精密成型折彎技術 (高電壓、高電流)

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Power/IC整合技術薄料精密長腳配合異型材

Emerging with Excellent Voice Coil Motor Spring

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0.08mm
HAIR
0.04mm
VCM
SPRING
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9

文具產品

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省力型訂書機
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修正帶
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獨創 省力滑臂專利
省力高達50% 獨有旋轉橡皮擦專利
擦拭、收納、替換便利
首創Auto lock推鈕專利
創新強擊平針專利 劃帶、收納好輕鬆
節省紙張30％厚度
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直液替換式白板筆 鈦金屬輕量S剪
可替換墨水匣
供墨發明 專利 S曲線設計
專利 設計 剪裁省力
高達75%
超耐用 鈦金屬
日本筆頭 耐用50萬次以上
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職人用工藝
刀
強力彈片鎖定
荷重3kg以上
獨特刀片限位專利
切割穩定不搖晃
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省力低噪封箱膠帶台
降噪 專利 設計
降噪高達15dB
省力高達50%
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10

主要客戶

電子

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五金文具
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11

財務資訊

每股盈餘與現金股利

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股東權益報酬率
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經營績效

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營收(百萬美金) 毛利率 營業淨利率
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12

合併綜合損益表

(新台幣千元)	1Q21	4Q20	1Q20	1Q21 over 4Q20	1Q21 over 1Q20
營業收入	2,452,214	2,330,535	1,939,815	5.2%	26.4%
營業毛利	481,275	422,119	254,240	14.0%	89.3%
營業毛利率	19.6%	18.1%	13.1%	1.5%	6.5%
營業費用	213,637	188,622	186,025	13.3%	14.8%
營業淨利	267,638	233,497	68,215	14.6%	292.3%
營業淨利率	10.9%	10.0%	3.5%	0.9%	7.4%
營業外收支	(24,993)	(43,518)	4,684	-42.6%	-633.6%
歸屬予母公司業主之本期淨利	185,031	138,203	48,580	33.9%	280.9%
純益率	7.8%	6.2%	3.2%	1.6%	4.6%
每股盈餘(新台幣元)	1.02	0.76	0.27	34%	277.8%

13

合併資產負債表

(新台幣千元)	2021.3.31	2021.3.31	2020.12.31	2020.12.31	2020.3.31	2020.3.31
	金額	%	金額	%	金額	%
現金及金融資產	951,606	8	764,179	7	1,092,706	10
應收帳款	1,933,107	17	1,781,048	17	1,515,920	14
存貨	3,092,900	28	2,804,041	27	2,709,897	26
不動產、廠房及設備	4,384,275	39	4,416,029	42	4,453,089	43
資產總計	11,240,155	100	10,575,718	100	10,571,851	100
流動負債	3,126,926	28	2,567,398	24	2,266,400	21
非流動負債	1,917,837	17	1,996,966	19	2,281,515	22
負債總計	5,044,763	45	4,564,364	43	4,547,915	43
股東權益總計	6,195,392	55	6,011,354	57	6,023,936	57

14

Q&A

15

Thank you for listening.

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