SUNON — Interim / Quarterly Report 2021

Mar 11, 2022

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建準電機 2021年第四季 營運報告 2421.TW / 2421 TT

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免責聲明

本簡報是建立於本公司從各項來源所取得之資訊。 有些資訊可能受未來不確定性因素影響，致使與 原先本公司對於未來前景的說明迥異。未來若有 變更或調整時，請以公開資訊觀測站公告資訊為 依據。

(http://mops.twse.com.tw/mops/web/index)

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

散熱需求 無所不在

AI 技術與5G 高速網路的發展，實現萬物智能萬物相連的可能， 各種裝置紛紛變裝成智能聯網的電子產品，迅速普及深入產業 與生活，同時帶動大量的散熱需求。

AI+5G  AI X 5G

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

散熱技術 與時俱進

未來世界由強大計算能量與高可靠的高速網路支撐，考驗系 統的散熱方案極限；迫使散熱技術不段精進升級，以即時支 援系統的運算，提供最佳運作溫度控制，展限極致效能。

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High Fan Efficiency
System
O.P.
Low Noise
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Low Vibration

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Energy Saving

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Reliability

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

5G 產業 散熱方案

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

圖片來源：網路圖片

伺服器 散熱方案

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圖片來源：網路圖片

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

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5G 基站 散熱方案

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AAU /BBU /RRU DU / CU BST / RBS SMALL CELL

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

5G 網通 散熱方案

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SERVER
SWITCH WI-FI 6 5G
STORAGE
ROUTRT ROUTER SMALL CELL
EDGE
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

汽車產業 散熱方案

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

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再生能源 散熱方案

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

42 年

專注在節能馬達 技術發明與創新

成 立 時 間 員工人數 生產工廠 2021 銷售額 (Taiwan) (China) (Taiwan) (China) NTD$ 1980 600 8500 1 2 135.6[億]

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Motor 0.1W 1500 Watts Fan 8mm 80mm 120mm 250 mm 3000mm 7300mm HVLS Fan up to 7,300 mm

The Smallest Fan 8 mm

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

歷年營收 持續成長

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COVID 19
Work From Home
伺服器、資料中心
持續成長
中美貿易戰
獲得STB / 歐美
汽車大廠訂單 跨入LED照明散熱 PM2.5空污產品及
成為飛利浦唯一供應商 汽車電子
金融海嘯
雲端資料中心
獲得電信網通大廠訂單
臉書、Google、思科、中興、華為
等伺服器、4G與雲端領域大廠訂單
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

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建準研發
馬達發明
應用材料的研究
三塊論
馬達 原材料開發與實驗
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馬達發明 應用材料的研究 馬達 原材料開發與實驗 發明 馬達應用 馬達 整體散熱 熱的全方位解決方案 商品化 應用 解決方案 的設計模擬及驗證

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建準累計專利件數
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3500
3,128 [3213]
3000
2454 [25682671] [2802]
2500
20062157 [2298]
2000
1451 [15861695] [1825]
1500
1000
500
0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

全球行銷 技術支援

14 114 1000+ 子公司與辦事處 全球經銷代理商 全球銷售服務據點

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

獨步全球的馬達核心技術

磁浮 阻振 超輕薄 高效率 極靜音 馬達系統 馬達結構 馬達 馬達 聲音品質工程 3mm Thickness

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

精準模擬分析 專業散熱方案

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結構強度模擬分析 迴路模擬分析 馬達磁路模擬分析 溫度熱流模擬分析 模流模擬分析
AC IN
DC
OUT
高效率馬達分析 材料分析與研究 高壓直驅電源控制 振動頻譜分析 聲音品質分析與研究
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

精確驗證實驗 品質安全可靠

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精密量測與材料分析

解決風扇系統的 異音、振動、溫升等問題 使得馬達系統更加穩定 能有效提升風扇性能

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音響性能實驗

EMC/EMI電磁相容驗證

透過德國量測系統(HMS) 確保所有電子產品在運轉時 並經過Artemis軟體進行 能在同一個空間中都能 頻譜及心理聲學參數 正常運作而不互相幹擾 讓產品擁有悅耳的音質

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產品可靠度驗證 安規測試認證

從設計、試產到量產 執行安規驗證測試與 一系列嚴謹的測試驗證 加速安規取證 透過電腦自控驗證系統 確保產品安全性 精確評估產品可靠度 讓客戶安心使用無虞

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

全方位散熱解決方案

風扇、馬達

通風散熱解決方案

馬達核心技術與微型風扇的發明 創新，提供各尺寸細列風扇馬達 產品，其優異性能創造出尺寸更 具彈性化、更省電、更靜音、壽 命更長的馬達風扇產品。

全面空氣淨化方案

秉承德國設計對工藝技術與極 簡之美，創造居家良好空氣品 質結合美學的全新體驗，讓家 更清新舒適！

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SUNON Product

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散熱模組

全方位解決方案

身為全球知名的散熱通風領導廠商， 以39年的實務經驗和創新技術，致 力於提供客製和整合的服務，輕鬆 解決產品散熱的問題！

最適化通風方案

超薄型馬達驅動，節能省電，輕量化 的外型時尚有型。葉片結合飛機級鋁 製與專利尾翼設計，有效降低風阻和 噪音，達到工業級的高效能，並有效 降低室內溫度，讓體感溫度更舒適。

換氣扇、新風機

HVLS吊扇

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

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豐沛產能 Capability

三個專業生產基地

風扇 20 M / 月 散熱模組 1.5 M/ 月

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台灣高雄 江蘇昆山 廣西北海
0.5M/ 月 8M/ 月 (FAN) 11.5M/ 月
1.5M/ 月 (CM)
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菲律賓,巴丹
施工期（計劃）
2020 –2022
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

產品應用及年增率

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50% 2018
2019
40%
34.7%
2020
28.3%
30%
2021
20%
14.3% 35.5%36.7%36.0%
28.2%
9.0% 25.7%
7.4% 22.8%
10%
5.2% 15.9%13.5%14.6%
1.8% 1.4% 1.1% 1.1% 4.3% 6.4% 5.2% 9.8% 7.9% 7.7% 10.0% 8.4% 7.2%
0%
LED Lighting Automobile Distribution Home Industrial Telecom & IT & OE
Appliances Medical E. Server
3.4% 4.8% 3.0%
7.5% 8.5% 7.1%
25.3%
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

營收表現

UNIT: NTD (K)

2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000	9,533,345 10,109,156 10,690,822 10,946,728 11,965,298 11,659,915 12,781,281 13,561,804 15.5% 6.0% 5.8% 2.4% 9.3% -2.6% 9.6% 6.11% -10% -5% 0% 5% 10% 15% 20% Y2014 Y2015 Y2016 Y2017 Y2018 Y2019 Y2020 Y2021 Revenue Growth rate

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

獲利能力

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Gross Margin
30%
18.9% 18.7%
17.5% 18.7%
20% 21.6%25.7% 23.3%25.0% 23.4% 19.5% 23.5%
21.4% 21.0% 22.1%
19.4% 20.4% 21.6% 19.6% 20.1%
18.3%
10% 22.0% 23.0% 23.3% 21.4% 22.4%
0%
Q1 Q2 Q3 Q4 Y
Y2017 Y2018 Y2019 Y2020 Y2021
Operating Margin
12%
11.9%
9% 10.6%
8.9% 5.9% 8.7%
6% 6.0% 7.9% 5.8% 8.2% 7.6% 3.4% 8.5% 6.0% 6.9% 6.8% 3.4%
2.0% 4.9% 1.9% 5.4% 5.0%
3% 3.8% 4.4%
2.6% 2.7%
0%
Q1 Q2 Q3 Q4 Y
Net Margin
12%
9% 10.3%
6% 3.1% 7.4% 6.1% 6.4% 7.9% 6.6% 6.7% 4.6% 6.0% 5.8% 6.7% 3.2%
5.1% 5.9% 2.2% 6.5% 2.5% 5.1%
3% 3.9% 4.3% 5.1% 4.6% 4.5%
2.6%
0%
Q1 Q2 Q3 Q4 Y
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

每股盈餘與現金股利

UNIT: NTD

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4.0
3.39
3.5
3.0 2.71
2.62
2.4
2.5 2.28 2.41 2.3
2.0 2.0 2.0
2.0 1.77 1.71
1.51 1.5
1.5 1.22 1.2 1.2
1.0 1.0
0.83
1.0
0.5
0.0
EPS Cash Dividend
Y2012 Y2013 Y2014 Y2015 Y2016
Y2017 Y2018 Y2019 y2020 Y2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Payout R. 120.48% 81.97% 79.47% 84.75% 87.72% 87.79% 82.99% 73.80% 70.80% 70.18%
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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

產品發展

止推動壓 軸承架構開發 自我健康 風扇開發

高運算系統 抗重力低熱阻 水冷系統 散熱模組開發 5G基站散熱 車載系統 裝置開發 散熱裝置

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

成長動能

5G Electric Server Metaverse Base Stations car

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Industry 4.0 Industrial Air Purifier Renewable Energy Inverter / Drive Ventilation UVC Solution

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

Environmental Social Governance ESG 品牌、創新、價值 實現企業永續環境永續願景

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產品研發節能績效共 節能省電2.48億度 減少1.26億公斤CO2

合併營收 135.6億 元，較2020年 增加6.1 % 合併稅後EPS 1.71 元 業界市佔率為 全球前3大領導品牌 專利件數累計 3,213 件 女性董事占董事席位 1/3

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員工教育訓練 超過15小時/每人每年， 員工滿意度4.67分(滿分5分) 聘用身心障礙員工人數超越法規規範 1.6倍

「勵志關懷活動」累計 弱勢關懷家庭 7,699 戶 (2018-2021年)

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

附錄一: 合併資產負債表

		CONSOLIDATED	CONSOLIDATED	BALANCE SHEETS	BALANCE SHEETS	BALANCE SHEETS
NT$ M	2017	2018	2019	2020	2021	2018	2019 Growth	2020 YOY(%)	2021
TOTAL ASSETS	8,813	8,972	9,439	10,419	11,517	1.80%	5.21%	10.38%	10.54%
Cash	1,387	1,145	1,271	1,575	1,912	-17.45%	11.00%	23.92%	21.40%
A/R, N/R	2,724	3,091	3,323	3,226	3,459	13.47%	7.51%	-2.92%	7.22%
Inventories	1,744	1,794	1,519	1,752	2,508	2.87%	-15.33%	15.34%	43.15%
PP&E	2,294	2,378	2,277	2,106	2,059	3.66%	-4.25%	-7.51%	-2.23%
TOTAL LIABILITIES	4,639	4,832	5,211	5,825	7,150	4.16%	7.84%	11.78%	22.75%
Short-term loans	636	843	927	671	1,950	32.55%	9.96%	-27.62%	190.61%
A/P	2,550	2,671	2,705	2,823	2,926	4.75%	1.27%	4.36%	3.65%
Long-term loans	320	220	220	520	524			136.36%	0.77%
TOTAL EQUITY	4,174	4,139	4,229	4,594	4,367	-0.84%	2.17%	8.63%	-4.94%
Days sales outstanding	93	89	100	94	90
Days sales of inventory	67	68	67	61	70
Current Ratio	1.4898	1.4247	1.4272	1.4984	1.3448

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

附錄二: 合併綜合損益表

CONSOLIDATED STATEMENT	CONSOLIDATED STATEMENT	CONSOLIDATED STATEMENT	CONSOLIDATED STATEMENT	OF COMPREHENSIVE	OF COMPREHENSIVE	OF COMPREHENSIVE	INCOME
NT$ M	2017	2018	2019	2020	2021	2018	2019 2020 Growth YOY(%)		2021
OPERATING REVENUES	10,947	11,965	11,660	12,781	13,562	9.30%	-2.55%	9.61%	6.11%
GROSS PROFIT	2,454	2,402	2,579	2,998	2,536	-2.12%	7.37%	16.25%	-15.41%
INCOME FROM OPERATIONS	756	602	787	1,114	464	-20.37%	30.73%	41.55%	-58.35%
INCOME BEFORE INCOME TAX	842	784	910	1,088	585	-6.89%	16.07%	19.56%	-46.23%
NET INCOME attribute to owners	657	605	681	852	429	-7.91%	12.56%	25.11%	-49.65%
EPS (NT$)	2.62	2.41	2.71	3.39	1.71
Gross Margin	22.42%	20.08%	22.12%	23.46%	18.70%
Operating Margin	6.91%	5.03%	6.75%	8.72%	3.42%
Net Margin(*)	6.00%	5.06%	5.84%	6.67%	3.16%

(*)Net Margin=Net Income attribute to owners / Revenue

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SUNONwealth Electric Machine Industry Co., Ltd. (2421.TW / 2421 TT)

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Thanks for Your Attention !

WWW.SUNON.COM

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