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SUNPLUS Annual Report 2021

Apr 14, 2022

52056_rns_2022-04-14_fbc3399a-d511-48d1-8bc8-fe2f63b6c399.pdf

Annual Report

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凌陽科技2021年第四季

代理發言人:莊濟安 Tel:(03) 5786005 E-mail:[email protected]

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集團企業

專業 持股比 股票代號
凌陽科技股份有限公司(592m shares) 100% TWSE2401
數位影音娛樂多媒體系統單晶片設計與矽智財設計 #
凌通科技股份有限公司(109m shares) 48% TWSE492
語音、LCD、數位影像處理與MCU晶片設計 #5
凌陽創新科技股份有限公司(59m shares) 58% TWSE5236
網路攝影機、影像信號處理控制與人機介面控制晶片設計 #
景相科技股份有限公司(24m shares) 97%
車用微控制器與USB儲存ASIC
宏陽科技股份有限公司(64m shares) 93%
光儲存與馬達驅動晶片設計
  • Based on 2021/12/31 Consolidated-holding by Sunplus

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人力結構

集團人力

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生產
管理
6%
23%
研發
71%
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凌陽科技人力

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其他
31%
研發
69%
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集團員工人數 / 研發人員 1,078 / 766 41%碩士以上

凌陽科技員工人數 / 研發人員 343 / 237

63%碩士以上

  • Data by 2021/12/31

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合併綜合損益表

(新台幣佰萬元)
營業收入淨額
營業成本
營業毛利
研究發展費用
銷售管理費用
營業淨利
營業外收入及支出
本期淨利
其他綜合損益
本期綜合損益總額
淨利歸屬於:
本公司業主
非控制權益
每股盈餘 (元)
7,961
100%
3,799
48%
4,162
52%
2,089
26%
1,149
14%
924
12%
1,135
14%
1,756
22%
85
1%
1,842
23%
1,183
15%
573
7%
2.01
2021
年同比
備註
6,414
100%
24%
S:+30%、IT:+25%、G:+23%
3,489
54%
9%
2,925
46%
42%
提高售價與產品組合
1,624
25%
29%
1.人事費用
2.購置IP及委外開發費用
785
12%
46%
銷售相關的費用與權利金
516
8%
79%
269
4%
323%
持股價值上升
619
10%
184%
6
0%
1392%
股權投資價值上升
625
10%
195%
323
5%
266%
295
5%
94%
0.55
2020

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** EPS based on outstanding 591,994,919 shares on 2021/12/31

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第四季合併綜合損益表

(新台幣佰萬元)
營業收入淨額
營業成本
營業毛利
營業費用合計
營業淨利
營業外收入及支出
本期淨利
其他綜合損益
本期綜合損益總額
淨利歸屬於:
本公司業主
非控制權益
每股盈餘 (元)
2,028
100%
939
46%
1,089
54%
913
45%
176
9%
408
20%
525
26%
103
5%
628
31%
377
19%
147
7%
0.64
2021 Q4
2,132
100%
982
46%
1,151
54%
841
39%
310
15%
255
12%
474
22%
10
0%
484
23%
302
14%
172
8%
0.51
2021 Q3
1,828
100%
1,000
55%
828
45%
626
34%
203
11%
142
8%
291
16%
62
3%
353
19%
191
10%
100
5%
0.32
2020 Q4
季同比
年同比
備註
(5%)
11%
(4%)
(6%)
(5%)
31%
提高售價與產品組合
9%
46%
1.人事費用上升
2.購置IP及委外開發費用
(43%)
(13%)
60%
188%
持股價值上升
11%
81%
941%
66%
30%
78%
股權投資價值上升
25%
98%
(14%)
47%

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** EPS based on outstanding 591,994,919 shares on 2021/12/31

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合併營收與毛利

NT$ million

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毛利年同比 : 毛利年同比 :
+31% +42%
毛利季同比 :
-5%
52%
54% 54%
45% 46%
1,151 4,162
828 1,089
2,925
1,000 982 939 3,489 3,799
2020 Q4 2021 Q3 2021 Q4 2020 2021
COGS Gross Profit Gross Margin COGS Gross Profit Gross Margin
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子公司貢獻

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2021 Q4 營收淨額:2,028 MNT$ 2021 Q4 本期淨利
新台幣佰萬元
其他
凌陽
8% 377
22%
凌陽創新
26%
166
150
凌通
44%
凌陽 凌通 凌陽創新
2021 營收淨額:7,961 MNT$ 2021 本期淨利
其他 新台幣佰萬元
凌陽 1,183
7%
19%
凌陽創新
29%
659
635
凌通
45%
凌陽 凌通 凌陽創新
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Amount: NT$million
1H'06
1H'05
YoY
Total Assets
21,677
19,210
13%
Cash & S-T Investment
6,201
6,349
-2%
Account Receivable
3,260
3,319
-2%
Inventory
2,801
2,132
31%
L-T investment (equity method)
4,473
3,031
48%
Intangible Assets
1,106
1,183
-7%
Total Liabilities
5,572
4,993
12%
Account Payable
2,236
2,099
7%
Total Shareholder Equity
16,095
14,217
13%
Net Cash Folw in(out)
291
2,316
-87%
From Operation
652
2,199
-70%
From Investment
(648)
(75)
764% r
From Financing
287
192
50%
Capex
240
216
11%
合併資產負債表
(新台幣佰萬元)
2021
資產總計
16,377
現金及約當現金
4,836
透過損益按公允價值衡
量之金融資產-流動
1,671
存貨淨額
1,468
採用權益法之投資
950
透過損益按公允價值衡
量之金融資產-非流動
1,730
負債合計
3,798
短期借款
144
應付票據及帳款
925
權益合計
12,579
股東權益報酬率 %
13.96%
每股淨值 (元)
17.09
, Make difference
Amount: NT$million
1H'06
1H'05
YoY
Total Assets
21,677
19,210
13%
Cash & S-T Investment
6,201
6,349
-2%
Account Receivable
3,260
3,319
-2%
Inventory
2,801
2,132
31%
L-T investment (equity method)
4,473
3,031
48%
Intangible Assets
1,106
1,183
-7%
Total Liabilities
5,572
4,993
12%
Account Payable
2,236
2,099
7%
Total Shareholder Equity
16,095
14,217
13%
Net Cash Folw in(out)
291
2,316
-87%
From Operation
652
2,199
-70%
From Investment
(648)
(75)
764% r
From Financing
287
192
50%
Capex
240
216
11%
合併資產負債表
(新台幣佰萬元)
2021
資產總計
16,377
現金及約當現金
4,836
透過損益按公允價值衡
量之金融資產-流動
1,671
存貨淨額
1,468
採用權益法之投資
950
透過損益按公允價值衡
量之金融資產-非流動
1,730
負債合計
3,798
短期借款
144
應付票據及帳款
925
權益合計
12,579
股東權益報酬率 %
13.96%
每股淨值 (元)
17.09
, Make difference
Amount: NT$million
1H'06
1H'05
YoY
Total Assets
21,677
19,210
13%
Cash & S-T Investment
6,201
6,349
-2%
Account Receivable
3,260
3,319
-2%
Inventory
2,801
2,132
31%
L-T investment (equity method)
4,473
3,031
48%
Intangible Assets
1,106
1,183
-7%
Total Liabilities
5,572
4,993
12%
Account Payable
2,236
2,099
7%
Total Shareholder Equity
16,095
14,217
13%
Net Cash Folw in(out)
291
2,316
-87%
From Operation
652
2,199
-70%
From Investment
(648)
(75)
764% r
From Financing
287
192
50%
Capex
240
216
11%
合併資產負債表
(新台幣佰萬元)
2021
資產總計
16,377
現金及約當現金
4,836
透過損益按公允價值衡
量之金融資產-流動
1,671
存貨淨額
1,468
採用權益法之投資
950
透過損益按公允價值衡
量之金融資產-非流動
1,730
負債合計
3,798
短期借款
144
應付票據及帳款
925
權益合計
12,579
股東權益報酬率 %
13.96%
每股淨值 (元)
17.09
, Make difference
Amount: NT$million
1H'06
1H'05
YoY
Total Assets
21,677
19,210
13%
Cash & S-T Investment
6,201
6,349
-2%
Account Receivable
3,260
3,319
-2%
Inventory
2,801
2,132
31%
L-T investment (equity method)
4,473
3,031
48%
Intangible Assets
1,106
1,183
-7%
Total Liabilities
5,572
4,993
12%
Account Payable
2,236
2,099
7%
Total Shareholder Equity
16,095
14,217
13%
Net Cash Folw in(out)
291
2,316
-87%
From Operation
652
2,199
-70%
From Investment
(648)
(75)
764% r
From Financing
287
192
50%
Capex
240
216
11%
合併資產負債表
(新台幣佰萬元)
2021
資產總計
16,377
現金及約當現金
4,836
透過損益按公允價值衡
量之金融資產-流動
1,671
存貨淨額
1,468
採用權益法之投資
950
透過損益按公允價值衡
量之金融資產-非流動
1,730
負債合計
3,798
短期借款
144
應付票據及帳款
925
權益合計
12,579
股東權益報酬率 %
13.96%
每股淨值 (元)
17.09
9
年同比
備註
30%
獲利上升,備貨增加
42%
獲利上升,IT現增
85%
購置基金、短投價值
上升
70%
S、G 存貨增加
32%
63%
持有股權價值上升
46%
S、G 增加備貨
(54%)
105%
S、G 增加備貨
26%
(新台幣佰萬元)
資產總計
現金及約當現金
透過損益按公允價值衡
量之金融資產-流動
存貨淨額
採用權益法之投資
透過損益按公允價值衡
量之金融資產-非流動
負債合計
短期借款
應付票據及帳款
權益合計
股東權益報酬率 %
每股淨值 (元)
2021
16,377
4,836
1,671
1,468
950
1,730
3,798
144
925
12,579
13.96%
17.09
2020
12,621
3,400
902
861
720
1,064
2,602
314
450
10,019
6.18%
14.21

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現金流量表

(新台幣佰萬元)
營業活動之現金流入(出)
投資活動之現金流入(出)
融資活動之現金流入(出)
現金淨增加(減少)數
期末現金及約當現金餘額
2021 Q4
1,053
(307)
(14)
723
4,836
2021 Q3
399
(170)
342
572
4,113
2020 Q4
489
(394)
14
116
3,400
季同比
年同比
備註
164%
115%
Q3為營收高點之收款時間差異
81%
(22%)
(104%)
(198%)
Q3 IT現增,發放股利
26%
524%
18%
42%
(新台幣佰萬元) 2021 2020
年同比
備註
營業活動之現金流入(出)
投資活動之現金流入(出)
融資活動之現金流入(出)
現金淨增加(減少)數
期末現金及約當現金餘額
1,875
(974)
547
1,435
4,836
792
137%
獲利上升
(415)
135%
1.購買貨幣型基金
2.新增長期投資
4
13815%
IT 現增
380
278%
3,400
42%

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營業外收入及支出

(新台幣佰萬元)
其他收入
外幣兌換淨利益(損失)
透過損益按公允價值衡量
之金融資產利益
採用權益法認列之關聯企
業損益份額
營業外收入及支出合計
2021 Q4
87
1
317
(4)
408
2021 Q3
60
4
168
17
255
2020 Q4
21
(2)
122
(4)
142
季同比
45%
(83%)
88%
(125%)
60%
年同比
備註
305%
研發補助款
(133%)
159%
持股價值上升
9%
芯鼎獲利的季度差異
187%
(新台幣佰萬元) 2021 2020 年同比
備註
其他收入 243 118 106%
研發補助款
外幣兌換淨利益(損失) (7) (11) (39%)
透過損益按公允價值衡量
之金融資產利益
837 123 582%
持股價值上升
採用權益法認列之關聯企
業損益份額
35 16 120%
芯鼎獲利增加
營業外收入及支出合計 1,135 269 323%

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研發費用與佔營收比 合併 ( )

NT$ million

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財務概況

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凌陽集團

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凌陽創新科技

凌通科技

UVC & HID Application

Consumer IC/ Wireless charger

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Automotive/Audio/DVD IC & IP

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宏陽科技

景相科技 Automotive MCU & USB Media Controller

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Intelligent Driving & Ultra High-Definition Disc

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凌陽產品組合 Automotive

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DVD
AVM/BSD
In-Vehicle CD/DVD Player
Infotainment
Display Audio
Karaoke
RSE Soundbar/Party Speaker
Audio
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Automotive

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Display Audio - Smartphones make computing more personal, and make cars smarter

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IVI - Display Audio

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Huawei Hicar

Apple CarPlay Google AndroidAuto OS Level Links

Amazon Alexa

Carbit YiLian

Baidu Carlife Abalta Weblink Application Level Links

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Auto Link

iOS Mirror

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Sunplus Propietory

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Automotive Product

Automotive Applications Processors

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AVM/ADAS

In-Vehicle-Infotainment

Cluster
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IVI+AVM

Was: IVI & AVM Box

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Now: IVI with AVM Built-in

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Cost Saving

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IVI+ADAS

iCopilot Project

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Mic
Camera
Speaker
Face Face Voice
Driver ID. Detection Recognition Recognition
Driver Monitor System Face Driver Distraction / Fatigue Voice
Detection Detection Assistant
(DMS)
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Motorcycle Cluster

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7 inches LCD Cluster Dual Bluetooth Module (Phone & Helmet) Support wireless phone-link APP Navigation Phone Call Music Playback Support Phone Screen Mirroring

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Auto. Product Line since 2005

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iCockpit
Display
Audio
-
(eLQFP 128)
Android AVN
DVD w/BT
Display Audio
DVD module
CD module
CD module
Console
DVD w/RMVB
SONY
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, Make difference

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From Apple to AI – Smart Information Hub

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Bio Identification
HUD
iCockpit
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Person
(Personal Device)
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Vehicle
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Immersive Sound
ADAS
, Make difference
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Audio

, Make difference

26

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Audio Products

- Especially focus on Soundbar Products

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Personal Speaker
Party Speaker Boombox
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Karaoke DJ Soundbar
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Premium Soundbar
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Soundbar

- Bridging the gap of Flat-panel HDTV & Home Theater

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3D Immersive Experience -- Entry

- Virtual 3D Immersive Sound on Premium Soundbar

5.1.4 ch 5.1.0 ch 3.1.0 ch 5(+2).1.4 ch 5.1.(2) ch 3(+2).1. (2) ch True 3D Surround Virtual 3D Surround Virtual 3D Surround

WITHOUT HIGH SPEAKER

WITHOUT SURROUND + HIGH SPEAKER

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29

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Soundbar 市場 vs. ATMOS占比

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Source: Futuresource, Aug’21

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30

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Soundbar Software Partner

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31

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Next Products In Near Future

- Multiple applications derived from core technology

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Speaker Out Wireless Connection Voice In

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32

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凌陽科技IP 及IC設計服務

- 為單晶片設計提供最佳化IP解決方案

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IP 及 IC設計服務
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Media I/F (Audio/Video)

, , , MIPI RX IP HDMI Tx IP LVDS IP AUDIO ADC , AUDIO DAC VIDEO DAC…

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Data/Com I/F (Networking/Datacom)

, , 10/100 ETHERNET PHY USB 2.0 USB 3.0 , DDR 3/2 PHY SerDes…

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SoC Companion

, , , SAR ADC Pipeline ADC PLL SPREAD SPECTRUM PLL…

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33

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Q & A

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