Shin Shin Natural Gas Co., Ltd. · TWSE:9918
Shin Shin Natural Gas — Investor Conference 2021
14 slides from Shin Shin Natural Gas's conference presentation, Nov 29, 2021
Slide 1: Investor Conference 2021
Stock Code: 9918 Shin Shin Natural Gas Co., Ltd. Investor Conference 2021 November 29th, 2021
Slide 2: Disclaimer
Disclaimer The consolidated financial numbers are based on International Financial Reporting Standards (IFRS) and, also audited by CPA. The representation is based on the information obtained from various sources, which the Company believes to be reliable, but a variety of factors could cause actual
Slide 3: Agenda
Agenda 1. Company Profile 2. Operation Highlights 3. Financial Review 4. Operation Prospects Page 2 of 13
Slide 4: Company Profile: Product and Service, Growth of Capital
1. Company Profile (1) Product and service The Company supplies natural gas, within government authorities approved districts, to household customers as fuel, via pipelines. Also, the Company offers professional tailored design, construction of natural gas piping and safety devices for customer, as
Slide 5: Service Districts and Business Developments
Engineering, Sales, Administration departments, Human Resource and Labor Safety & Health offices, under the leadership of General Manager. c. There are 176 full-time employees, among them including 98 technicians certified for Gas Piping and 38 Class C technician certified for Gas Appliances Technol
Slide 6: Gas Sales, Pipeline Checkups and Meter Exchange
From year 2019, The Company’s natural gas sales achieved over 100 million cubic meters each year. Till September 2021, the natural gas sales reached 88,000,000 cubic meters (75.43% of annual achievement rate) already. The natural gas supply operation is stable and sound. (3) Regular Pipeline Equipme
Slide 7: Pipeline Replacement
a. Until Q3 2021, approximately over 80% of households chose computerized gas meters for increasing acknowledgement and acceptance of its safety features. b. By the end of September in 2021, over 142,600 computerized gas meters have been installed (39.7% of total household customers). Most likely, i
Slide 8: Financial Review: Income Statement and Balance Sheet
3. Financial Review (1) Condensed Consolidated Income Statement Unit: NT$ 1,000 Item\Fiscal Year 2019-Y 2020-Y 2021-Q3 Net Revenue 2,160,628 1,986,369 1,371,687 Gross Profit 465,168 541,202 383,767 Gross Profit Rate 21.53% 27.25% 27.98% Operating Expenses 239,689 233,957 183,002 Operating Income 225
Slide 9: Key Financial Indexes
(3)Key Financial Indexes Item\Fiscal Year 2019-Y 2020-Y 2021-Q3 2020-Q3 Current Ratio (%) 220.53 255.21 219.77 262.61 Quick Ratio (%) 215.33 249.64 216.70 257.70 Inventory 37.21 30.89 32.93 33.86 Turnover (times) Days Inventory Outstanding 9.8 11.81 11.08 10.78 (days) Accounts Receivable 8.51 9.08 1
Slide 10: Operation Prospects: Industry Status and New Customers
4. Operation Prospects (1) Industry Status: a Origin of the Natural gas: There are twenty-five government approved natural gas companies. The government owned China Petroleum Cooperation (Taiwan) or CPC is the solo natural gas source provider among them. b The future of supply chain: CPC signed long
Slide 11: Convenient Payment Methods and Safety Enhancement Measures
c The Company will put more efforts for those residential households, who lived within our natural gas supply network, but didn’t choose our service. d By government’s green energy policy, the Company cooperates with commercial/ government customers to convert natural gas burner from oil burner, to
Slide 12: Safety Measures and Covid-19 Responses
For enhancing the natural gas supply safety matters, the Company will continually replace the outdated low-pressure cast-iron pipelines in Yonghe and Zhonghe Districts of New Taipei City in 2022. c Promote computerized gas meter: The computerized gas meter has three main advantages than regular gas
Slide 13: Conclusion
(e) Work in districts with partial off-site. (f) Implement Video Conferencing to avoid cluster spreading. (g) Off-site emergency repair manpower allocation. The Company maintains partial off-site technician manpower to safeguard natural gas supply security, if the pandemic gets worst. (5) Conclusion
Slide 14: Q&A
Q&A Page 13 of 13