Lucky Cement Co., Ltd. · TWSE:1108
Lucky Cement — Q3 2020 Earnings Presentation
32 slides from Lucky Cement's earnings presentation, Nov 10, 2020
Slide 1: Lucky Cement Corporation Earnings Conference
Lucky Cement Corporation Earnings Conference 2020/11/10
Slide 2: Disclaimer
Disclaimer The contents of this presentation are based on the financial statements reviewed or audited by the accountants. The financial statements are prepared in accordance with IFRS. Please refer to the financial statements of Lucky Cement Co., (the Company) for the complete contents and data. Th
Slide 3: Logo Story
Logo Story Mr. Chen Liang-Chuan, the founder started his business in housing construction. He hopes that every young person who wants to get married could have a house, and their life could feel warm and happy. Therefore, the life's goal of Mr. Chen Liang-Chuan is to produce cement with high quality
Slide 4: Agenda
Agenda Market Review & Perspective Operating Performance Review Operating Strategy Da-Sheng Project Progress Q&A
Slide 5: Market Review & Perspective
Market Review & Perspective 2020 Q1~Q3 Domestic Cement and Concrete Sale : Demand Increasing and Price Keeping Stable 2021 Market Perspective : Demand Growing Up Less Covid-19 Impact A Homecoming Trend Among Taiwanese Entrepreneurs Low Interest Rate Infrastructure Disbursement
Slide 6: Cement Supply and Demand
Cement Supply and Demand Resource : Taiwan Cement Manufacturers’ Association
Slide 7: Average Cement Consumption
Average Cement Consumption Resource : Taiwan Cement Manufacturers’ Association
Slide 8: The Statistics of Building License and Construction License
The Statistics of Building License and Construction License Resource : Construction and Planning Agency, MOI
Slide 9: Agenda
Agenda Market Review & Perspective Operating Performance Review Operating Strategy Da-Sheng Project Progress Q&A
Slide 10: Sales Revenue Proportion
Sales Revenue Proportion 2020 Jan~Sep Product Sales % Clinker 1% Stone 21% Circular Economy 8% Cement Quicklime 65% 2% Slag 3% Powder
Slide 11: Cement Market Share
Cement Market Share Resource : Taiwan Cement Manufacturers’ Association
Slide 12: Cement Sale Trend
Cement Sale Trend 2020 1~9 cement sale YoY 18.18%
Slide 13: Stone Sale Trend
Stone Sale Trend 2020 1~9 stone sale YoY 6.05% KL & Taipei port imported stone YoY -12.56%
Slide 14: Circular Disposal Volumes Trend
Circular Disposal Volumes Trend Process Volumes Revenue
Slide 15: Consolidated Income
Operating Performance Review Currency:Million NTD 1,000 Statement Consolidated Income 800 Gross Profit Operation Profit 600 Net Income 400 200 0 (200) 2015 2016 2017 2018 2019 2020 Q1&Q2 (400) 單位:新台幣百萬元 2020 2015 % 2016 % 2017 % 2018 % 2019 % % Q1&Q2 Sale Revenue 5,021 100 4,251 100 3,434 100 3,331
Slide 16: Consolidated Balance
Operating Performance Review Currency : Million NTD 2017 % 2018 % 2019 % 2020/6/30 % Consolidated Balance Current Assets 5,121 71% 4,939 68% 5,087 69% 5,153 68% Property、Building & 1,649 23% 1,877 26% 1,712 23% 1,639 22% Plants Sheet Other Assets 467 6% 478 7% 530 7% 771 10% Total Assets 7,237 100%
Slide 17: Healthy Financial Ratio
Healthy Financial Ratio Current Ratio(%) 400 286 284 315 288 266 206 200 Per Share Book Value(NTD) 0 2015 2016 2017 2018 2019 2020Q2 12.5 11.9 11.8 12 Debt Ratio(%) 11.5 10.9 11.1 50 38 38 39 42 41 41 11 10.7 40 10.4 30 10.5 2015 2016 2017 2018 2019 2020Q2 10 Times of Interest Paid(%) 9.5 2015 2016
Slide 18: Agenda
Agenda Market Review & Perspective Operating Performance Review Operating Strategy Da-Sheng Project Progress Q&A
Slide 19: Environment
Corporate Governance Evaluation Rank Top 20 in recent 3 Years Cherish Resource Environment Ecology Respect Friendly Core Value Sustainable Operation
Slide 20: Operating Strategy: Optimize Logistic
Operating Strategy Optimize Logistic In 2020Q4~2021Q3, company will upgrade 128 units of cement & stone transporting vehicles. Company also has a plan to purchase 40 units of stone vehicles to enhance dispatching capacity. 2020 Q3 company purchased some trucks to transport waste goods. It would inte
Slide 21: Operating Strategy: The Midas Touch
Operating Strategy The Midas Touch To comply government stable supply stone policy and less China stone purchase, company invest sand exploring equipment. Horen plant is the largest sand producer in Taiwan. Exploring stone thru digging a shaft and transport stone by conveyor, it is an energy saving,
Slide 22: Operating Strategy: Circular Economy
Operating Strategy Circular Economy Alternative Material: Alternative Energy: Alternative Material: Slag、bottom ash、Waste Organic sludge、sewage sludge、 Desulfurization casting sand 、construction oil sludge、scrapped plastic、 gypsum、chemical waste、organic sludge、fly ash、 scrapped wooden gypsum、slag、fl
Slide 23: Energy Friendly & Circular Economy
Energy Friendly & Circular Economy 2019 DongAo Plant Energy Saving Results Power CO2 Reduce Reduce Coal CO2Reduce Actions Saving(KWh) Use(Ton) Factor Total(Ton) Factor (Ton) (Ton) 1.#2Cooler#5F 94,900 0.528 50.11 an use Invertor 2.#2Cooler EP 281,333 148.54 Fan Renovation 3.Packing use invertor 35,0
Slide 24: Energy Friendly & Circular Economy
Energy Friendly & Circular Economy Green Energy Purchase Wind Energy Solar Energy Energy Storage Certificate GE Right Factors Affect Green Energy Choice □ Location □ Cost-Effect □ Climate □ Environmental □ Space Constraint □ Few GE Certificate Available in Market
Slide 25: Operating Strategy: Channels Build Up
Operating Strategy Channels Build Up The Wu Gu ready mix plant was demolished. To provide satisfactory service to customers, Company implement following actions: 1.Rearrange other ready mix plants to supply concrete to customers. 2. Consign other ready mix factories to produce concrete to company. 3
Slide 26: Operating Strategy: Activate Assets
Operating Strategy Activate Assets Asset Location Area(坪) Building Code Yangmei District, Puxin Plant 8,929.25 Industry Taoyuan City Yangmei District, Puxin Plant 4,011.19 Industry Taoyuan City Puxin Plant Yangmei District, 64.73 Resident (Sold) Taoyuan City Yangmei District, 5.14 Railroad Taoyuan C
Slide 27: Agenda
Agenda Market Review & Perspective Operating Performance Review Operating Strategy Da-Sheng Project Progress Q&A
Slide 28: Project Location
Project Location
Slide 29: Project Development Aerial View
Project Development Aerial View
Slide 30: Project Phase I
Project Phase I Phase 1, , area 4.04 hectare, infrastructure development was completed in 2018. KL land authority already complete survey works.
Slide 31: Project Phase II
Project Phase II Phase II, area 13.47 hectare, is on grading & reclaiming stage. Soil erosion work is 88% complete.
Slide 32: Thank you Q&A