Slide 1: Concraft Holding Co., Ltd.
CONCRAFT HOLDING CO., LTD. (Stock Symbols:4943.TW.) Chiao-Sheng Huang, CFO Innovation Creates the Value !
Slide 2: Agenda
Agenda Company Overview Revenue Performance Major Products and Sales Contents Operating Performance Top 10 Customers Dividend Policy Conclusions & Prospects 2
Slide 3: Company Overview
Company Overview Established in 1991 Date of Listing：11/11/2016 Capital：NTD 10.7 hundred million Chairman：Chao-Sheng Lu General Manager：Kuo-Chi Lee Industry：Electronic Parts/Components Main Business：Parts of acoustics, electronic connectors, automotive components and related mold compo
Slide 4: Company Overview
Company Overview (thousand) CONCRAFT HOLDING CO., LTD (CAYMAN) Holding company Dragonstate Technology Concraft Precision Concraft Technology Concraft Precision Co., Ltd. (Mauritius) Co., Ltd. (HK) Co., Ltd. (HK) Industrial Co., Ltd. (Taiwan) Capital：USD 92,410 Capital：USD 8,011 Capital：USD 19 Capita
Slide 5: Sales Revenue
Sales Revenue NTD thousand 5,500,000 5,274,434 4,500,000 3,500,000 2,422,162 2,492,724 2,500,000 2,149,191 1,799,487 1,500,000 500,000 -500,000 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Revenue 1,799,487 2,149,191 2,422,162 2,492,724 5,274,434 Revenue 16.30% 19.43% 12.70% 2.91% 111.59% Growt
Slide 6: Quarterly Sales Revenue
Quarterly Sales Revenue NTD thousand 單位：新台幣仟元 2,500,000 2,011,512 1,993,125 2,000,000 1,500,000 1,000,000 888,908 696,866 572,931 500,000 - 2016 4Q 2017 1Q 2017 2Q 2017 3Q 2017 4Q 6
Slide 7: Major Products and Sales Contents (Quarter)
Major Products and Sales Contents (Quarter) Tooling & 2016 4Q Automotive 2017 4Q Automotive Automatic components Connectors Equipment component & others & others Tooling & Connector 5% s & others 1% 7% Automatic s & others 3% 31% Equipment 0% Acoustic components Acoustic components 63% 90% 7
Slide 8: Major Products and Sales Contents (Year)
Major Products and Sales Contents (Year) Automotive Automotive 2016 2017 components & components & Tooling & others Tooling & others Automatic 3% Automatic 4% Equipment Equipment 14% 16% Acoustic components 47% Acoustic components Connectors 67% & others 36% Connectors & others 13% 8
Slide 9: Major Products and Sales Contents
Major Products and Sales Contents 100% 90% 10.16% 80% 16.19% 70% 60% 10.59% Other Connectors 21.93% 50% 11.39% Connectors for Internet Connectors for NB 8.59% 40% Connectors for TFT-LCD and Set Top Box 15.32% 10.44% 7.06% 30% 5.13% 10.28% 43.12% 8.64% 20% 28.39% 10% 20.90% 1.83% 17.82% 3.44% 6.37% 0
Slide 10: Gross Profit
Gross Profit NTD thousand Gross Profit & Gross Profit Margin 2,500,000 50.00% 45.00% 2,000,000 40.00% 35.00% 1,500,000 30.00% 25.00% 1,000,000 20.00% 15.00% 500,000 10.00% 5.00% 0 0.00% 2013 2014 2015 2016 2017 Gross Profit 350,576 513,232 608,174 596,346 2,275,910 Gross Profit Margin 19.48% 23.88%
Slide 11: Quarterly Gross Profit
Quarterly Gross Profit NTD thousand Gross Profit & Gross Profit Margin 2,500,000 50.00% 45.00% 2,000,000 40.00% 35.00% 1,500,000 30.00% 25.00% 1,000,000 20.00% 15.00% 500,000 10.00% 5.00% 0 0.00% 2016 4Q 2017 1Q 2017 2Q 2017 3Q 2017 4Q Gross Profit 195,054 193,066 210,324 945,637 926,883 Gross Profi
Slide 12: Net Income & EPS
Net Income & EPS NTD thousand 1,100,000 12.00 1,000,000 900,000 10.00 800,000 8.00 700,000 600,000 6.00 500,000 400,000 4.00 300,000 200,000 2.00 100,000 0 0.00 2012 2013 2014 2015 2016 2017 Net Income 15,910 17,589 102,507 165,292 121,649 1,096,100 EPS 0.32 0.30 1.56 2.22 1.45 10.53 12
Slide 13: Free Cash Flow
Free Cash Flow 單位：新台幣仟元 2017-10 2017-11 2017-12 2018-01 2018-02 Pre-Tax Income 248,208 349,599 40,065 48,875 (128,361) Net Cash provided by (used in) (90,232) 35,888 340,460 299,473 (47,654) operating activities CapEx (163,133) (158,242) (101,023) (90,100) (49,442) FCF (253,365) (122,354) 239,437 20
Slide 14: CAPEX&EBITDA
CAPEX&EBITDA NTD thousand Capital Expenditure 1,500,907 789,636 496,757 396,458 2014 2015 2016 2017 EBITDA 2,185,416 552,196 659,930 541,617 2014 2015 2016 2017 14
Slide 15: Cost Composition
Cost Composition (Depreciation & Amortizations) MOH-Depreciation & Amortizations to Sales revenue Ratio 16% 13.58% 14% 12.84% 12% 11.13% 10% 8.44% 8% MOH-Depreciation 6% MOH-Amortizations 4% 2% 1.08% 0.13% 0.08% 0.13% 0% 2014 2015 2016 2017 ＊Manufacturing Overhead-Depreciation & Amortizations to COG
Slide 16: Cost Composition
Cost Composition R&D Exp. to Sales revenue Ratio 8% 7.17% 6.70% 7% 6% 4.70% 5% 4.11% 4% R&D Exp. 3% 2% 1% 0% 2014 2015 2016 2017 NTD thousand ＊R&D Expenses to Sales revenue Ratio 2014 2015 2016 2017 R&D Exp. 144,081 6.70% 113,884 4.70% 102,520 4.11% 377,916 7.17% Revenue 2,149,191 2,422,162 2,492,72
Slide 17: Income Tax Rate
Income Tax Rate Income Tax Rate 36% 34% 33% 34% 31% 32% 30% 28% 26% 24% 24% 22% 20% 2014 2015 2016 2017 NTD thousand 2014 2015 2016 2017 Earnings Before 155,274 247,169 177,165 1,446,824 Income Taxes Income Taxes 52,767 81,877 55,516 350,724 Net Income 102,507 165,292 121,649 1,096,100 Income Tax Ra
Slide 18: Top 10 Customers
Top 10 Customers 2014 2015 2016 2017 OO Customer Acoustic OO Customer OO Customer OO Customer OO Customer components 34% OO Customer 51% OO Customer 56% 84% OO Customer OO Customer &Tooling others others others COMPAL SPG SPG SPG SPG COMPAL COMPAL COMPAL PEGATRON PEGATRON PEGATRON INVENTEC INVENTEC
Slide 19: Dividend Policy
Dividend Policy Subject to Cayman Islands law, the amount of dividends shall be at least 50% of the net profit after the deduction of regulations. Cash dividends shall comprise a minimum of 10% and a maximum of 100% of the total dividends allocated to Shareholders. Profit Distribution APIC Distrib
Slide 20: Conclusions & Prospects
Conclusions & Prospects The main reason of loss in Feb. 2018 Prospects in 2018 Market strategy and prospects for automotive and optical components. 20
Slide 21: THANK YOU
THANK YOU Pa CONCRAFT Innovative 7 Flexible 7 Rapid 7 Perfect | http : »/ www.concraft.com.tw HOLDEN S_8.R0 UF Electromechanical parts for Automobile 7 Communication 7 Medical 7 Optical 7 Acoustic