E-Lead Electronic (2497) Investor presentation summary

Company overview and operations

• Operates R&D and manufacturing sites in Taiwan, Jiangsu (China), Thailand, and India, focusing on automotive electronics and optical products.

• Product lines include HUDs, ARHUDs, infotainment, ADAS, digital clusters, e-mirrors, and accessories for passenger, commercial, and special purpose vehicles.

• Major markets span Mainland China, Southeast Asia, India, Europe, America, Oceania, and Africa.

Product innovation and market position

• Offers advanced HUD solutions: WHUD, 2D/3D ARHUD, spatial vision HUD, and see-through HUD.

• Ranked among top AR HUD suppliers in China, holding a 21.82% market share in 2024.

• Integrates smartphone NFC for seamless infotainment connectivity and leverages new IVI SOC for advanced ADAS features without extra hardware.

• Provides smart accessories like rotary knobs and wireless chargers supporting dual-device charging.

Financial performance

• Quarterly revenue ranged from NT$841 million to NT$1.35 billion between Q4 2023 and Q3 2025.

• Gross margin fluctuated between 24.15% and 29.44% over the same period.

• Basic EPS peaked at NT$0.98 in Q4 2024, with a dip to -NT$0.16 in Q2 2025.

• Operating expenses remained stable, mostly between NT$163 million and NT$198 million per quarter.