Topco Scientific Co., Ltd. · TWSE:5434
Topco Scientific — Q2 2023 Earnings Presentation
18 slides from Topco Scientific's earnings presentation, Aug 15, 2023
Slide 1: 2023 Q2 Investor Meeting
2023 Q2 INVESTOR MEETING Group Chairman：Dr. J. W. Kuo Chairman：Mr. Jeffery Pan CO-CEO：Mr. Charles Lee Spokesman：Ms. Della Huang / Sr. Vice President TSE Ticker : 5434 TT 2023.08.15.
Slide 2: Safe Harbor Notice
Safe Harbor Notice • These forward-looking statements, which may include statements regarding Topco’s future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on Topco’s current expectations. • Actual results may differ
Slide 3: Company Profile
Company Profile • Founded：February 17th, 1990 • Headquarters：Taipei, Taiwan • Chairman of Topco Group： Dr. J. W. Kuo • Chairman of Topco Scientific：Mr. Jeffery Pan • IPO：2003 • Capital：NT 1.887 billion • 2022 Consolidated Revenue ： NT 52.978 billion • Total Employees of Topco Group ： 1500 3
Slide 4: Agenda
Agenda • Welcoming Remarks • Business Reports • Q&A 4
Slide 5: Business Reports
WITSS Business Reports
Slide 6: Executive Comments
Executive Comments The consolidated revenue, the net income attributed to stockholders of the company, and EPS of 2023 H1 reached a historic second high. • The consolidated revenue of 2023 H1 reached 24.55 billion, a year-on-year decrease of 4.9%. • The net profit attributable to the parent company
Slide 7: Annual Revenue
Annual Revenue Consolidated Revenue of 2022： NTD 52.98 billion 個體營收 合併營收 Individual Revenue Consolidated Revenue 60,000 55,000 52,978 50,000 45,000 42,669 40,000 36,168 35,000 31,701 30,000 28,861 25,000 22,629 23,781 28,232 20,000 18,092 19,079 23,917 15,555 20,608 15,000 18,837 15,209 15,882 13,41
Slide 8: Quarterly Sales
10,000 11,000 12,000 13,000 14,000 15,000 1,000 2,000 3,000 4,000 5,000 6,000 8,000 9,000 7,000 0 In Million NTD 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 Quarterly Sales 2018Q1 2018Q2 2018Q3 2018Q4 201
Slide 9: Consolidated Income Statement
Consolidated Income Statement YEAR 2023H1 2022H1 YoY 2022 2021 2020 Operating Revenue 24,547,696 25,807,911 -4.88% 52,978,215 42,668,966 36,167,994 Gross Profit 3,078,825 3,084,009 -0.17% 6,525,656 5,212,496 4,305,042 Op. Profit 1,444,684 1,493,304 -3.26% 3,229,851 2,551,917 2,061,711 Pre-tax Profit
Slide 10: Industry Sales Analysis by Products
Industry Sales Analysis by Products NT $ million 60,000 其他 Others 55,000 50,000 循環經濟 綠色能源 Green Energy 45,000 40,000 35,000 光電相關產品 Photoelectric 30,000 Products 25,000 20,000 環保工程 Environmental 15,000 Engineering 半導體相關 10,000 Semiconductor 5,000 Products 0 2017 2018 2019 2020 2021 2022 Semiconductor
Slide 11: Earnings Per Share
Earnings Per Share Earnings Per Share NT$ EPS 20 Earnings Per Share 16 16.61 2023 H1 NT$ 7.76 12.63 12 11.38 9.48 8 7.73 7.25 5.89 5.98 5.4 5.22 5.44 4 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Year 11
Slide 12: Dividend Policy
Dividend Policy Dividend Policy 現金股利Cash Dividend 現金股利發放率 Payout Ratio 12 80 68.97 68.01 68.56 69.68 66.67 66.21 70.23 68.57 70.3 68.97 10 70 10 8.8 60.2 60 8 8 50 6.5 6 40 5 5.3 4.2 30 4 3.6 3.9 3.58 3.7 20 2 10 0 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 12
Slide 13: Key Profitability Indicator
Key Profitability Indicator Profitability 14 12 10 8 6 4 2 0 Unit：% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023Q2 毛利率 Gross Margin 11.9 12.62 11.98 12.77 12.9 12.35 11.79 12.36 11.9 12.22 12.32 13.09 營業費用率 Operating Expense Ratio 6.39 6.92 6.91 7.17 6.88 7.25 6.52 6.54 6.2 6.24 6.22
Slide 14: Service Location
Service Location SHUNKAWA CO., LTD. Founded：April, 2022 Ordinary shares: 100% TOPCO SCIENTIFIC USA CORP. Founded：May, 2021 Ordinary shares: 100% PING YUE TECHNOLOGIES SDN. BHD. Founded：May, 2022 Ordinary shares: 100% 14
Slide 15: Memorabilia
Memorabilia 2023.07. Received the "Taiwan Sustainable Action Award"; ECO TECHNICAL SERVICES received the "National Excellence in Construction Quality Award". 2023.05. TOPCO unveiled wireless transmission ICs, MCUs, and LED COB modules at COMPUTEX. 2022.12. Received the “Medium-Sized Enterprises M&A
Slide 16: 2023 Trade Show Activities
2023 崇越展會活動 COMPUTEX Taipei 2023 SDGs Asia SEMICON TAIWAN 2023/5/30-6/2 2023/7/21-7/23 2023/9/6-9/8 M0901a, 4F, Hall 1, C7, Exhibition Hall 1, M1138、 M1148 Taipei Nangang Taipei World Trade 4F, Hall 1, Taipei Exhibition Center Center Nangang Exhibition Center 16
Slide 17: Group Vision
Group Vision (1) Accelerating global operations in the United States, Japan and South East Asia. (2) Broadening green technology development (3) Expanding healthcare business (4) Fulfillment of ESG responsibilities and performance, aligning with both the TCFD and SBTi. 註 : TCFD（Task Force on Climate
Slide 18: Thank You
WIss Thank You