Slide 1: RubyTech Investor Conference 2022/12/16
德勝科技 RUBYTECH Investor Conference 2022/12/16
Slide 2: Disclaimer
Disclaimer ▰ The presentation and news released associated with contains forward- looking statements which reflect management’s best judgement on factors currently known. However these statements involve risks and uncertainties, and may be different from actual future outcomes ▰ Apart from the regul
Slide 3: Agenda
Agenda Company Operating Financial Future Overview Highlights Status Outlook Q&A 3
Slide 4: Company Overview
@ RUBY: Company Overview
Slide 5: Company Profile
Company Profile ▰ Company Name 6 ：RubyTech (Code:8048) ▰ Established Date ：Jul. 14th, 1981 6 ▰ Taiwan OTC Date ：Sep.08th, 2009 6 ▰ Capital 6 ：NTD$544,712,060 ▰ Chairman 6 ：Mr. Kennth Lin ▰ Address 6 ：3F. No.1 Ln.50 Sec.3, Nangang Rd., Taipei, Taiwan ▰ Business 6 Technology Innovation, Superior Quali
Slide 6: Business Scope
Business Scope ▰ Markets 4 ：ODM for Networking Products Product High/Mid-End Highly Customized Networking ▰ Position ： 4 Products 80% in North America/Europe ▰ Customers ： 4 20% in Japan/Korea/Australia/India/Taiwan ▰ Applications ：4G/5G Infrastructure, SME Networks, 4 Wireless Networks, IP Surveill
Slide 7: Operating Highlights
@ RUBY: Operating Highlights
Slide 8: Product Development
Product Development Operator High-Speed Open Industrial/Outdoor Engineering Change Networking Networking Architecture for Mitigating Equipment Equipment SDN Equipment Material Shortage Successfully Successfully Successfully Successfully Quickly Designed Developed and MP Developed and MP Developed an
Slide 9: 5G Infrastructure Application
5G Infrastructure Application 5G Network Switch To connect 5G Small Cell stations to operating networks and to transmit packets, manage local network, time sync, and provide PoE functions Key Technologies SyncE/PTP (Class C, <10ns time accuracy), PoE++ (802.3bt 90W), and inter -op with operator ’s n
Slide 10: Enterprise Networking Application
Enterprise Networking Application Enterprise Network Switch To establish enterprise core networks by connecting internet through routers and by connecting Server, PC, WiFi AP, NAS, IP Cam, IP Phone inside the enterprise. Key Technologies Large bandwidth, high-speed internet, integrated network manag
Slide 11: PoE Intelligent Lighting Application
PoE Intelligent Lighting Application Intelligent Lighting Network Switch To provide DC power to intelligent LED lighting through PoE switch in order to achieve energy efficiency. To work with lighting management system and IoT sensor to control light brightness/darkness/temperature. Key Technologies
Slide 12: Customer Relationship Management
Customer Relationship Management Customer Operating Shortage R&D Efficiency Satisfaction Procedure Mitigation Actively Participate Continuously Invest Introduce PLM Transparent Customer QBR to R&D Design/Test Management Platform, Communications to Improve/Adjust Equipment and S2C Platform to Effecti
Slide 13: Unaudited Operating Revenue from January to November 2022
Unaudited Operating Revenue from January to November 2022 Unit: NT$ thousands Jan. - Nov. 2022 Jan. - Nov. 2021 Difference Amount Increase (%) Operaing Revenue 955,163 810,165 144,998 18% Jan. – Nov. 2022, Jan. – Nov. 2021 Sales Breakdown - by Region Sales Breakdown - by Product Industrial Fiber Con
Slide 14: Certifications and Patents
Certifications and Patents ▰ 6Company ：ISO 9001:2015 Quality Mgmt. System Management ISO 14001:2015 Environmental Mgmt. System ISO 27001:2022 Information Security Mgmt. System ▰ 6R&D ：ISO 27034:2022 Information Application Management Security Mgmt. ▰ 6 Patents ：Obtained 6 Advanced Mgmt. System Paten
Slide 15: Corporate Governance Evaluation Results in The Past Years
Corporate Governance Evaluation Results in The Past Years 2014 Evaluation Results 2015 Evaluation Results 2016 Evaluation Results Evaluated TWSE-listed TPEx-listed Total Cumulative Evaluated TWSE-listed TPEx-listed Total Cumulative Evaluated TWSE-listed TPEx-listed Total Cumulative Top 5% 40 30 70 7
Slide 16: Financial Status
@ RUBY Financial Status
Slide 17: 2022 Q3 Consolidated Statements of Comprehensive Income – Quarter Growth
2022 Q3 Consolidated Statements of Comprehensive Income – Quarter Growth Unit: NT$ thousands Items 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 YOY (%) Operating Revenue 220,649 247,582 221,161 237,635 261,372 18% Gross Profit 65,218 70,212 60,537 82,305 82,041 26% Gross Margin 29.56% 28.36% 27.37% 34.64
Slide 18: 2022 Q1-Q3 Consolidated Statements of Comprehensive Income – Annual Growth
2022 Q1-Q3 Consolidated Statements of Comprehensive Income – Annual Growth Unit: NT$ thousands 2021 Q1-Q3 2022 Q1-Q3 YOY Items Amount Amount Amount % Operating Revenue 636,744 720,168 83,424 13% Gross Profit 204,937 224,883 19,946 10% Gross Margin 32.19% 31.23% *** -1% Income from Operations 66,830
Slide 19: Consolidated Balance Sheets as of September 30, 2022
Consolidated Balance Sheets as of September 30, 2022 Unit: NT$ thousands Sep. 30, 2022 Dec. 31, 2021 Sep. 30, 2021 Items Amount % Amount % Amount % Cash and cash equivalents 242,132 18% 298,372 21% 183,208 14% Financial assets at fair value 109,842 8% 256,135 18% 310,916 23% Financial assets at amor
Slide 20: Operating Results in The Past Years
Operating Results in The Past Years Year 2014 2015 2016 2017 2018 2019 2020 2021 Jan. - Nov. 2022 Operating Revenue 1,056,260 1,609,116 1,400,097 1,066,486 885,094 1,119,980 781,171 884,326 955,163 Gross margin 24.82% 23.46% 25.02% 29.75% 32.00% 33.32% 32.89% 31.11% *** Operating Margin 10.25% 12.79
Slide 21: Operating Trend
Operating Trend Unit: NT$ thousands 1,800,000 35% 1,600,000 1,609,116 33.32% 32.89% 30% 32.00% 31.11% 1,400,000 1,400,097 24.82% 29.75% 25% 1,200,000 1,119,980 1,056,260 25.02% 1,066,486 23.46% 18.16% 18.09% 955,163 20% 1,000,000 885,094 16.36% 14.88% 800,000 12.79% 13.68% 13.73% 781,171 884,326 15%
Slide 22: Key Financial Indexes
Key Financial Indexes Items 2022 2021 Jan. - Sep. 2022 Jan. - Sep. 2021 Solvency Current ratio 417.73 378.89 374.91 370.54 (%) Quick ratio 369.66 298.43 257.00 289.46 Operating Receivables turnover rate (times) 5.57 6.14 5.54 6.76 Ability Inventory turnover rate (times) 4.77 3.40 2.28 3.30 Return on
Slide 23: Status of Dividend Distribution – Dividend, Dividend Declared Ratio
Status of Dividend Distribution – Dividend, Dividend Declared Ratio Year 2014 2015 2016 2017 2018 2019 2020 2021 EPS (NT$) 2.01 3.51 2.59 2.38 2.22 3.17 2.69 2.94 Dividends Which Belong to The Year (NT$) 1.5 2.8 2.0 2.2 2.2 2.5 2.3 2.2 Dividend Declared Ratio 74.63% 79.77% 77.22% 92.44% 99.10% 78.86
Slide 24: Status of Dividend Distribution – Dividend Yield
Status of Dividend Distribution – Dividend Yield Year 2014 2015 2016 2017 2018 2019 2020 2021 EPS (NT$) 2.01 3.51 2.59 2.38 2.22 3.17 2.69 2.94 Dividend Which Belong to The Year (NT$) 1.5 2.8 2.0 2.2 2.2 2.5 2.3 2.2 Dividend Yield 4.26% 5.00% 5.13% 7.22% 7.34% 6.30% 6.24% 6.06% 4.00 7.22% 7.34% 8% 3
Slide 25: Future Outlook
@ RUBY Future Outlook
Slide 26: Opportunity and Challenge
Opportunity and Challenge Market Business Market Product Opportunity Opportunity Challenge Challenge Ob servin g Ord er Sh ift Ad d ressin g th e Deman d In vestiga t e Ad d in g Design -In Co mmo n Pa rts Trend by USA -China for Large Ban d wid th , Oversea CM Facility to to Avoid Unique Parts Trad
Slide 27: Product Development
Product Development Operator High-Speed Open Industrial/Outdoor Engineering Change Networking Networking Architecture for Mitigating Equipment Equipment SDN Equipment Material Shortage Create a New Prod u ct Design L3/HW Develop Project - Based on Cu stomer’ s Imp lemen t Design Lin e of High Stacki
Slide 28: Q&A
5 Q&A 28