Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

WELLTEND Annual Report 2021

Apr 15, 2022

52254_rns_2022-04-15_46b1e50c-1987-4530-a9b2-30ce4a6032d5.pdf

Annual Report

Open in viewer

Opens in your device viewer

==> picture [470 x 69] intentionally omitted <==

TWSE Code: 3 0 2 1

Company Information (2021FY)

2 0 2 2 / 0 4 / 1 5

免責聲明

本文件之資料只供參考和一般資訊之用，而並非有提供全面資訊或任何投資或其他專業意 見之意。鴻名企業並不保證或陳述該等資料是否完整、準確或最新。請使用者以公開資訊 觀測站之公開訊息為依據，查詢相關財務業務訊息。 如中、英文兩個版本有任何抵觸或不相符之處，應以中文版本為準。

Disclaimer

The information on this document is intended to be for reference and general information purposes only. It does not purport to be comprehensive nor to provide any investment or other professional advice. Welltend Technology Corporation does not warrant or represent that such information is complete, accurate or up to date. Users should base on the public information or announcement in Market Observation Post System(MOPS), to find the financial and business information.

If there is any inconsistency or ambiguity between the English version and the Chinese version, the Chinese version shall prevail.

A enda g

==> picture [780 x 263] intentionally omitted <==

----- Start of picture text -----

About Wire Harness System Performance Q & A
Wellend Business Group Integration and Prospects
Business Group
----- End of picture text -----

==> picture [52 x 52] intentionally omitted <==

==> picture [58 x 58] intentionally omitted <==

==> picture [93 x 93] intentionally omitted <==

==> picture [64 x 63] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

About Wire Harness System Performance Q & A Wellend Business Group Integration and Prospects Business Group

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Business Introduction
----- End of picture text -----

Wire harness business group： With more than decades of experience, Welltend has insight in the industry needs. Products need to be tested by strict testing procedures. Provides customers with stable and reliable products, with the real-time support .

System integration business group： Provides system integration and IT services, with a complete product line and total solution. Welltend takes the leading position in enterprises and government.

==> picture [268 x 268] intentionally omitted <==

WELLTEND has a strong management team and excellent RD capabilities, with vision and execution, towards future advanced investment.

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

4

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Histroy
----- End of picture text -----

Established
1993		 ．Company was established
．IT products agents, sales and service
2000 ．Share listed in OTC market (Taipei Exchange)
Development
2002		 ．Share listed in main board (TWSE)
Restructure
2009		 ．Wire harness group joined
2010 ．Invested in Shenzhen area
Transition
2011		 ．Invested in Hunan, Kunshan
2013 ．Invested in Huizhou
2014 ．Invested in Philippines
2016 ．Assigned new GM for two business groups
Expanding
2017		 ．Invested in Thailand
2019 ．Revenue over USD 80 million
2021 ．Revenue over USD 120 million

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

5

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Organization
----- End of picture text -----

==> picture [157 x 60] intentionally omitted <==

----- Start of picture text -----

Board
----- End of picture text -----

==> picture [157 x 50] intentionally omitted <==

----- Start of picture text -----

GM
----- End of picture text -----

==> picture [186 x 65] intentionally omitted <==

----- Start of picture text -----

Remuneration
Management
Committee
----- End of picture text -----

Management System Center Integration BU

==> picture [208 x 63] intentionally omitted <==

----- Start of picture text -----

Wire Harness BU
----- End of picture text -----

  • Group information, business  IT system equipment sales, planning and setup

  • strategy, investors message

  • Human resources, legal MIS outsourcing, on site engineer service

  • Human resources, legal affairs, information,

 For local and international market, wire harness and connectors business R&D, manufacturing, promotion,

procurement, accounting etc.

  • System/software engineering

and sales

project

==> picture [17 x 22] intentionally omitted <==

2 0 2 1 C o m p a n y I n f o

鴻 名 企 業

6

==> picture [52 x 52] intentionally omitted <==

==> picture [58 x 58] intentionally omitted <==

==> picture [93 x 93] intentionally omitted <==

==> picture [64 x 63] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

About Wire Harness System Performance Q & A Wellend Business Group Integration and Prospects Business Group

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Wire Harness Group
----- End of picture text -----

  • Professional cable, harness manufacturing partners

  • Reliable and stable quality, affirmed by Japanese customers

  • Applications

-Home appliances, office automation machines, information technology, automotives, industrial use

==> picture [352 x 176] intentionally omitted <==

==> picture [17 x 22] intentionally omitted <==

==> picture [91 x 17] intentionally omitted <==

----- Start of picture text -----

鴻 名 企 業
----- End of picture text -----

==> picture [207 x 158] intentionally omitted <==

----- Start of picture text -----

Appliances
Automotives
----- End of picture text -----

==> picture [263 x 229] intentionally omitted <==

----- Start of picture text -----

IT
MFP
家 電 事務機
資訊科技 車 用
----- End of picture text -----

8

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Production Base
----- End of picture text -----

==> picture [352 x 290] intentionally omitted <==

  • East China

Kunshan Site

  • South China

==> picture [275 x 222] intentionally omitted <==

----- Start of picture text -----

Huizhou Site
家 電 智慧家電
車 用 車影音
事務機
----- End of picture text -----

==> picture [17 x 22] intentionally omitted <==

==> picture [91 x 17] intentionally omitted <==

----- Start of picture text -----

鴻 名 企 業
----- End of picture text -----

==> picture [52 x 51] intentionally omitted <==

==> picture [51 x 51] intentionally omitted <==

==> picture [52 x 51] intentionally omitted <==

9

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Production Base
----- End of picture text -----

  • South East Asia

==> picture [357 x 271] intentionally omitted <==

– Philippines

Celeraise Electronic – Thailand Celeraise (Thailand)

==> picture [52 x 51] intentionally omitted <==

==> picture [52 x 51] intentionally omitted <==

==> picture [52 x 51] intentionally omitted <==

==> picture [24 x 24] intentionally omitted <==

==> picture [128 x 48] intentionally omitted <==

----- Start of picture text -----

智慧家電
----- End of picture text -----

==> picture [37 x 37] intentionally omitted <==

車 用

==> picture [29 x 30] intentionally omitted <==

消費電子

2020 Q1

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

10

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Development Strategy
----- End of picture text -----

Quality and Service First

We believe the best competence is quality first, and execution in our daily production.

==> picture [51 x 51] intentionally omitted <==

==> picture [30 x 34] intentionally omitted <==

Japanese Clients

We value our customers as a longterm partnership. For years, we have some Japanese brand clients.

==> picture [59 x 59] intentionally omitted <==

Welltend Core competence

==> picture [51 x 52] intentionally omitted <==

Focus on long-term development and product applications, including home appliances, cars, industry.

Diversity of products application

==> picture [51 x 52] intentionally omitted <==

There are two production sites in Southeast Asia, which can diversify single country risks

Diversity of production sites

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

11

2 0 2 1 C o m p a n y I n f o

Taipei AMPA 2020 (Oct 2020) Taipei AMPA 2021 (Apr 2021) Taipei AMPA 2022 (Apr 2022) We never stopped, even during the pandemic.

Targeting potential clients Media exposure

Online exhibition

12

2021 Company Info

==> picture [52 x 52] intentionally omitted <==

==> picture [58 x 58] intentionally omitted <==

==> picture [93 x 93] intentionally omitted <==

==> picture [64 x 63] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

About Wire Harness System Performance Q & A Wellend Business Group Integration and Prospects Business Group

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Products and Service
----- End of picture text -----

==> picture [44 x 44] intentionally omitted <==

IT System Planning

Cloud IT environment planning Worldwide brand network equipment Software and hardware upgrades Handheld devices and mobile office planning

==> picture [44 x 44] intentionally omitted <==

System maintenance MIS team management Information equipment management

IT solutions

Business Process Management(BPMFlow) Geographic information services(GIS) Data leakage protection(DLP) Virtualization、Network architecture、 Information Security Planning

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

14

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Core Business and Strength
----- End of picture text -----

IT consultancy. Application development and sales.

Skilled engineer support team with ISO27001 certificate.

==> picture [52 x 52] intentionally omitted <==

Engineers and non-stop service everywhere in Taiwan, which meet the customers business need.

Offering worldwide known equipments. Installs and upgrades.

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

15

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Sales category
----- End of picture text -----

  • In recent 3 years, revenue from services and general sales are both growing.

  • Through close service with our clients, brings more potential business in the future.

  • Long term margin is stable.

Revenue Composition

==> picture [336 x 202] intentionally omitted <==

Gross Margin Composition

==> picture [382 x 147] intentionally omitted <==

==> picture [213 x 33] intentionally omitted <==

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

16

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Major Clients
----- End of picture text -----

==> picture [323 x 323] intentionally omitted <==

==> picture [65 x 66] intentionally omitted <==

==> picture [65 x 65] intentionally omitted <==

==> picture [65 x 65] intentionally omitted <==

==> picture [65 x 66] intentionally omitted <==

Banking

Banks, securities, insurance companies

Governments

Central and local governments

Enterprises

Listed companies, foreign business in Taiwan

Public services

Hospitals, universities

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

17

2 0 2 1 C o m p a n y I n f o

==> picture [52 x 52] intentionally omitted <==

==> picture [58 x 58] intentionally omitted <==

==> picture [93 x 93] intentionally omitted <==

==> picture [64 x 63] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

About Wire Harness System Performance Q & A Wellend Business Group Integration and Prospects Business Group

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Operation highlight
----- End of picture text -----

  • In 2021, accumulative revenue growth: + 24.2 %

==> picture [380 x 301] intentionally omitted <==

  • wire harness group: +21.2 %

  • system integration group: +29.5 %

  • Stable gross margin brings reasonable profits

  • Sector contribution:

  • Wire harness: 63%

  • System integration: 37%

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

19

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Seasons Operation Results
----- End of picture text -----

  • Revenues in 21Q4 are 867 million, YoY: + 17.5%, gross margin: 18.4%

  • Each quarters EPS in 2021: 0.36, 0.26, 0.68, 0.11. (TWD)

==> picture [452 x 295] intentionally omitted <==

==> picture [94 x 104] intentionally omitted <==

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

20

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Income Statement Summary
----- End of picture text -----

TWD, thousand

2021全年 2020全年 2019全年
金 額
％		 金 額
％		 金 額
％
營 收 3,373,438 2,717,038 2,510,517
營業毛利 682,548
20		 572,431
21		 575,910
23
營業費用 446,452
14		 401,862
15		 394,369
16
營業利益 236,096
6		 170,569
6		 181,541
7
業外收入 (24,423)
(1)		 (21,929)
(1)		 7,701
-
稅前淨利 211,673
6		 148,640
5		 189.242
7
所得稅 80,945
2		 52,652
2		 52,822
2
淨利 130,728
4		 95,988
3		 136,420
5
EPS 1.41 1.03 1.44

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

21

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Dividends Policy
----- End of picture text -----

  • In the past five years, shareholders have received cash dividends more than 3.2 dollars

per share.

  • Long term cash dividend yield is more than 4%.

  • Company policy: share profits to long-term shareholders.

股利所屬年度 2017 2018 2019 2020 2021
當年度 EPS 1.15 1.30 1.44 1.03 1.41
當年度股利 0.75 0.75 0.408 0.7 0.6
年平均股價 14.4 14.8 15.05 14.3 21.4
平均股利殖利率 5.2% 5.1% 2.7% 4.9% 2.8 %
平均本益比 12.5 11.4 10.5 13.9 15.2

==> picture [316 x 213] intentionally omitted <==

==> picture [135 x 23] intentionally omitted <==

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

22

2 0 2 1 C o m p a n y I n f o

==> picture [780 x 81] intentionally omitted <==

----- Start of picture text -----

Business insight
----- End of picture text -----

WELLTEND strategy

  • Customer first, quality first, consistent growth with a reasonable profit –

Wire Harness Group

  • OA machines/MPF products grow

  • Automotives electronics bring the better profit

  • SEA manufacturing and business environments

System Integration Group

  • Software/application development capability

  • Improving service income, consultancy capability

  • Focus on Information security issue

==> picture [17 x 22] intentionally omitted <==

鴻 名 企 業

23

2 0 2 1 C o m p a n y I n f o

==> picture [52 x 52] intentionally omitted <==

==> picture [58 x 58] intentionally omitted <==

==> picture [93 x 93] intentionally omitted <==

==> picture [64 x 63] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

About Wire Harness System Performance Q & A Wellend Business Group Integration and Prospects Business Group

Spokesman 林冠宇 Eric Lin Headquarter 黃小菁 Emmy Huang

Email [email protected]

TEL (02) 8768-2688 ext 8843

Website http://www.welltend.com.tw

More from WELLTEND

Director's Dealing 2026
Jun 2
Director's Dealing 2026
Jun 2
Earnings Release 2026
May 28
Annual Report 2026
May 27
Annual Report 2026
May 27
Major Shareholding Notification 2026
May 27
Notice of Dividend Amount 2026
May 25
Interim / Quarterly Report 2026
May 21
Transaction in Own Shares 2026
May 21
Transaction in Own Shares 2026
May 21
View all filings →