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TXC — Investor Presentation 2016
Jun 24, 2016
52274_rns_2016-06-24_03e17b1b-4a3f-47d3-b56e-7f74483a6cf9.pdf
Investor Presentation
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www.txccorp.com
Think of Frequency Think of
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法人說明會 105/6/27
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1
議程
公司簡介
市場概況
產品亮點
產品發展
財務報告
- Q&A
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關於 TXC
建立於: 1983 股票代號: 3042
104 年營收: 新台幣 92.67億元 資本額: 新台幣 30.98億元 總市值: 新台幣 140.94億元 (105/6/22)
員工人數: 2,550人
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4
生產基地
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業界的最佳選擇
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產品應用
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Notebook
Mobile Phone Bluetooth Earphone
Personal Stereo Crystals
Hard Drive
Automotive
Oscillators
Back-drift Radar Crystals
Monitor
Sensors
Tire Pressure Sensor
Digital Camera
Game Console
GPS
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應用市場
Network, Storage – Low Jitter Solutions (Cloud Computing, Big Data)
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Super Data
Comput Center
er
Center
Design Depart
Center ment
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Smart Medical – Small & Thin Solutions... (Medical Devices)
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Smart Home, Smart Smart Wearable – Small & Thin Energy – Small & Thin Solutions Solutions (M2M devices)
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Base Station, Small cell – Ultra Stability Solutions
Automotive – High Reliability Solutions… (connected car)
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全球石英晶體及震盪器市場概況
全球石英晶體及震盪器出貨量 2008~2017 年
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20,000 30%
25% 25%
20%
15,000
15%
10%
10,000 5% 2% 2% 1% 1% 5%
2% -2% 2% 0%
5,000 -5%
-9% -10%
0 -15%
2008 2009 2010 2011 2012 2013 2014 2015(f) 2016(e) 2017(e)
WW Shipment(Million pcs) YoY Source: CS&A 2016
全球石英晶體及震盪器營業額 2008~2017 年
4,000 25%
3,500 20% 20%
15%
3,000
10%
2,500
1% 5%
2,000 -1.4%
-3% -2% 0%
1,500 -6.5% -2% -1%
-5% -5%
1,000 -10%
500 -14% -15%
0 -20%
2008 2009 2010 2011 2012 2013 2014 2015(f) 2016(e) 2017(e)
WW Revenue(Million USD) YoY
Source: CS&A 2016
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2015 全球排名
| 2015 Rank |
Company Name | 2015 Revenue(M) |
Percent of Total |
|---|---|---|---|
| 1 | Epson Toyocom | $427 | 14.08% |
| 2 | NDK | $338 | 11.15% |
| 3 | TXC | $302 | 9.96% |
| 4 | KCD | $301 | 9.93% |
| 5 | KDS | $201 | 6.63% |
| 6 | Vectron | $163 | 5.38% |
| 7 | SiWard | $95 | 3.13% |
| 8 | Hosonic | $91 | 3.00% |
| 9 | RIVER | $77 | 2.54% |
| 10 | Murata | $69 | 2.28% |
| Other Companies | $968 | 31.93% | |
| Total Revenue | $3,032 | 100.00% |
Source: TXC, CS&A 2016
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2015 全球石英晶體及震盪器銷售紀錄
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營收
全球市佔率 全球排名
(單位: 美金百萬)
No. 3
kHz & MHz Crystal 216.3 12.2%
XO 30 12% No. 3
TCXO 40 7.5% No. 5
VCXO 14.6 6.6% No. 4
-
OCXO <1 <1%
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Source: TXC, CS&A 2016
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- 台灣晶技 產業別銷售比重分析
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LIGHTING AUTOMOTIVE
OTHERS
6% 6% IOT
5% 5%
5% 4% 5%
7%
MOBILE
COMMUNICATION
24%
25%
NETWORKING
37% 36%
19%
16%
MOBILE COMPUTING
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- 台灣晶技 產品別銷售比重分析
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Others KHz X’tal
XO/SO
5% 6%
10%
8% 7%
11%
TCXO
12%
9%
MHz X’tal
2%
5%
53%
8% 58%
Sensor
6%
PSS
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物聯網的時代來臨
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穿戴式裝置
物聯網能連結各種新
智慧醫療器材 平板電腦 型智慧型裝置，呈現
更多的可能和運用。
台灣晶技的目標市場
智慧型手機
網通基礎建設
網路伺服器 車用電子
智慧家庭
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1. 石英元件使各產品互相連結
TXC
核心價值: 石英元件解決方案提供者
超高穩定性
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• XO
• VCXO
• S3-TCXO
• OCXO
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-
輕薄，小型化 • Xtal • XO
-
TSX / TCXO
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高可靠度
• Xtal
• XO
•
TSX / TCXO
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Source: TXC, IDC, ABI
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2. 感測元件、感知和測量所有事物
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位置 / 存在 / 距離 感應
光感應
Position / Presence / Proximity
動態 / 速度 / 位移 感應
加速/ 傾斜 感應
Acceleration / Tilt Motion / Velocity / Displacement
溫度 感應 Temperature
電力 / 磁力 感應
Electric / Magnetic TXC
多樣化: 更多種類的感測
器正在開發中
濕度/ 濕氣 感應
Humidity / Moisture
洩漏 / 液面高度 感應
Leaks / Levels
聲波 / 聲音 / 震動 感應
Acoustic / Sound / Vibration
化學氣體 /
力量/ 重量 / 拉力 / 延展 / 壓力 感應 流量 感應 大氣 感應
Force / Load / Torque / Flow Chemical /
Strain / Pressure Gas
Source: TXC, IDC, ABI
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台灣晶技提供低雜訊之石英振盪器元件應用於各種高音質產品
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• HiFi Audio
XO
Phase noise
- -100dBc/Hz @ 10Hz; (size 2520/2016)
Crystal
45.1584MHz (2016/1612) 49.152MHz (2016/1612)
Source: MEIZU, ESS
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台灣晶技提供各種輕薄短小且高效能之石英元件，應用在智慧 型手機、穿戴產品及智慧家庭產品
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-
3G/4G LTE
-
• WiFi
-
• BT/BLE
-
• NFC
-
• GNSS
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Crystal Smallest and Thinnest 0.30mm 1.2x1.0x0.30mm
TSX Smallest and Thinnest 1.6x1.2x0.55mm
TCXO/VCTCXO High stability ±0.5ppm Smallest: 1.6x1.2x0.55mm
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微型基地台及基地台等基礎建設相關產品為本公司重要獲利來源
OCXO
Ultra Stability ±3ppb Stratum 3/3E
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S3-TCXO
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Ultra Stability ±100ppb Stratum 3
VCXO
Ultra Low Jitter 150fs Frequency up to 2GHz
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Base station Point to point Smalllcell E-meter
(RRU / BBU) microwave
radio
FTTH/xPON
IP router Server / Synch. subsystem
OLT
Storage / SONET/SDH
switch DWDM
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XO
Ultra Low Jitter 150fs Frequency up to 2GHz
Crystal
High Stability ±10ppm Frequency up to 400MHz
32kHz RTC
High Stability ±5ppm Temperature Compensated
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台灣晶技生產各種高可靠度汽車專用之石英元件 相關產品皆符合AEC-Q100與AEC-Q200之標準
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V2X, 802.11p
Crystal (AEC Q200) Metal Can: -40~105ºC Glass: -40~150ºC Seam: -40~125ºC
XO (AEC Q100) Seam: -40~105ºC
TCXO (AEC Q100) Seam: -40~105ºC
Notes: G3:-40~85ºC / G2: -40~105ºC / G1: -40~125ºC / G0: -40~150ºC
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台灣晶技提供全世界最小的三合一感測元件 可提供手機客戶 “單孔設計”並同時減少雜訊和干擾
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ALS+PS Sensors
PA122/PA22A Combo Ambient
Light + Proximity Sensors
•
Size: 2.5x2.0mm
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產品發展藍圖
Seam = Seam Seal Glass = Glass Seal
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Glass = Glass Seal
2016 2017 2018
2520 G1 1210 (G2) 1612 (G1) 2520 G1
MHz Crystal 1612 Glass 2016 G2 ■ 3225 (G0) ■ 2016 (G0) ■ 2520 (G0) 1008 Crystal
■ 1612 (G1) 1210 Seam ■ 1612 (G0)
MHz Crystal 2016 TSX ■ 2016 ACAP TSX
Thermistor 1612 TSX
KHz Crystal RTC SOP04 (G2) RTC 3225
5032 (G2) 3225 (G1) 5032 (G1)
3225 (G3) 2016 (G1)
XO/MO/SO 2520 (G3) 2520 (G1) 1612 (G2) 1612 (G1)
2016 (G3)
3225 (25~200MHz)
VCXO 5032 (25~200MHz) 5032 (2 GHz) 3225 (2 GHz)
7050 (25~200MHz) 7050 (2 GHz)
3225 (G2) 7050 S-3 (G2) 3225 (G1)
TCXO 2520(G2) ■ 3225 TCXO 3225 S-3 (G2) 2520 (G1)
2016(G2) 1612 (G2) 2016 (G1)
3627 SC-Cut
9775 SC-Cut
OCXO 2525 SC-Cut 7050 SC-Cut
1409 AT-Cut
2520 PS+ALS(PA22A) RGB Sensor Pulse Sensor
4509 PS+ALS(PA233) Pressure Gas Sensor
Sensor 1212 3-Axis E-compass 4509 PS+ALS (wide ALS) 0808 3-Axis E-compass
2520 PS(PA224) 1010 3-Axis E-compass
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Note： ■ for automotive application
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25
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技術發展藍圖
Present 2016 2017 2018 Quartz Blank High Speed Beveling - Ultra High Speed Beveling (Mechanical HFF- Lapping - Plate HFF etching+Polish - Process) Double Rotation Cut Deep Etch - Quartz Blank Inverted Mesa (200 MHz) Bi-Mesa (For Low - Inverted Mesa (MEMS Process) MHz & Small Size) (up to 400 MHz) Discrete Oscillator & Oven Control - OCXO ASIC Circuits Temp Compensation (-40~105) - High Temp Comp (-40~125) w/ unique algorithm (Algorithm) 3OT / PLL - Ultra low phase noise PLL Metal Seal – Kovar Seam/AuSn - Glass Vacuum Seal Sealing Glass Seal - Low stress Direct Seam Metallic lid - Miniature package Packaging HTCC - Package with embedded heater - Wafer level trim & package (WLP)
Design Tools : 3-D Finite Element (Structural/ Thermal/ Electromagnetic)
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新產品: PM2.5 感測元件將於2016 Q4發表
Particulate Particulate Matter Sensing Size Filter Collector Oscillator X Process Signal Reference Oscillator Wireless Module PM2.5 Sensor/Module
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營收趨勢
單位 : 新台幣 百萬
| 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
2,327 2,331 2,446 2,400 2,166 2,358 2,519 2,483 2,135 2,219 2,417 2,495 2,109 13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1 2014: 9,526 (+0.23%) 2015: 9,266 (-2.73%) 2013: 9,504 (-13.03%) ~~13Q1~~ ~~13Q2~~ ~~13Q3~~ ~~13Q4~~ ~~14Q1~~ ~~14Q2~~ ~~14Q3~~ ~~14Q4~~ ~~15Q1~~ ~~15Q2~~ ~~15Q3~~ ~~15Q4~~ ~~16Q1~~ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue(QoQ) | ~~.~~ -21.9% |
~~.~~ 0.2% |
~~.~~ 4.9% |
~~.~~ -1.9% |
~~.~~ -9.8% |
~~.~~ 8.9% |
~~.~~ 6.8% |
~~.~~ -1.4% |
~~.~~ -14.0% |
~~.~~ 3.9% |
~~.~~ 8.9% |
~~.~~ 3.2% |
~~.~~ -15.5% |
|
| Revenue(YoY) | -2.8% | -9.6% | -17.8% | -19.5% | -6.9% | 1.2% | 3.0% | 3.5% | -1.4% | -5.9% | -4.0% | 0.5% | -1.2% |
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毛利趨勢
單位 : 新台幣 百萬
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28.9%
25.5% 25.3%
Gross 24.3% 24.6%
Margin 22.9% 25.0% 22.1%
24.2% 24.0%
22.8% 23.5%
22.4%
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
2013: 2014: 2015:
2,194 2,331 2,235
(-12.52%) (+6.24%) (-4.12%)
800
Gross
700 609 634 630 610
Profit 600 522 566 557 549 509 579 533 491 581
500
400
300
200
100
0
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
Gross Profit (QoQ) -23.6% 8.4% -1.6% -1.4% -7.3% 13.8% 5.2% 4.1% -15.9% -7.9% 18.3% 8.4% -3.2%
Gross Profit (YoY) 0.0% -8.9% -18.3% -19.6% -2.5% 2.3% 9.3% 15.5% 4.7% -15.2% -4.6% -0.6% 14.4%
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淨利趨勢
單位 : 新台幣 百萬
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11.8%
Net
10.6% 10.7%
Margin 10.1% 10.3%
9.4% 10.8%
10.2% 10.6% 10.4% 8.0% 10.2%
9.0%
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
2013: 2014: 2015:
450 935 995 938
Net
Profit 400 (-18.62%) (+6.42%) (-5.72%)
350
286
300 264 268 263 254
242 242
250 209 220 222 221 226
177
200
150
100
50
0
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
13.Q1 13.Q2 13.Q3 13.Q4 14.Q1 14.Q2 14.Q3 14.Q4 15.Q1 15.Q2 15.Q3 15.Q4 16.Q1
Net Profit (QoQ) -35.9% 5.3% 20.0% -8.3% -8.3% 9.0% 10.7% -1.9% -16.0% -19.9% 61.6% -11.2% -11.0%
Net Profit (YoY) 5.0% -15.7% -27.3% -25.8% 6.2% 10.0% 1.5% 8.7% -0.5% -26.9% 6.7% -3.4% 2.3%
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財務摘要
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27.85 EPS NT$
27.02 3.79
24.52 3.48
23.94
3.21
1,150 3.02 3.03
22.21
1,050
995
19.63 935 938
19.25 19.33
18.09
17.11
ROA%
ROE%
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2011 2012 2013 2014 2015
2011 2012 2013 2014 2015 淨利 NT$ M
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2016年資本支出
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(單位: 新台幣 元)
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金額:5.0億
平鎮廠
TCXO/ Sensors /
金額:1.0億
PSS/ New Products
SMD X’TAL: 10KK
Factory + Facility
2015
重慶廠
寧波廠
Total Amount:
CKG
600 million
金額:1.5億
SMD X’TAL: 4KK
ACAP X’TAL
Factory + Facility
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股利政策
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(單位:新台幣 元)
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| 0 1 2 3 4 |
2.2 2.2 2.2 2.5 2.5 |
2.2 2.2 2.2 2.5 2.5 |
2.2 2.2 2.2 2.5 2.5 |
2.2 2.2 2.2 2.5 2.5 |
2.2 2.2 2.2 2.5 2.5 |
|---|---|---|---|---|---|
| 每股盈餘 | 3.48 | 3.79 |
3.02 |
3.21 |
3.03 |
| 現金股利 | 2.2 | 2.2 |
2.2 |
2.5 |
2.5 |
| 股價 (4/30) | 43.55 |
46.00 |
43.55 |
39.90 |
41.10 |
| 股息發放率(%) | 63.22 |
58.05 |
72.84 |
77.88 |
82.51 |
| 殖利率(%) | 5.05 |
4.78 |
5.05 |
6.27 |
6.08 |
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總結
01 營收穩健成長，產品組合的改善造就了更佳的毛利
02 2016年毛利率將優於去年
汽車、感測元件及網通相關新產品將帶來新的營收動能 03
04 物聯網(IOT)及車聯網 (V2E)將為我們拓展更多潛在市場
本公司將持續發展新產品並創造新的商機 05
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Think of Frequency, Think of
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