Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Investor conference hosted by President Securities Corp. 2020
29 slides from Eternal Materials's conference presentation, Nov 17, 2020
Slide 1: Market Overview - China & ASEAN
Market Overview - China & ASEAN Nick Pan Chief Operation Officer Specialty Materials Division 1
Slide 2: Outline
Outline 1 Introduction Market Overview 2 - China & ASEAN 3 UV Curable Technology 2
Slide 3: Introduction
1 Introduction Company Profile Main Product History Global Sites Core Technology Financial Information 3
Slide 4: Introduction - Company Profile
Introduction - Company Profile Core Business： Electronic and Chemical materials manufacturing, processing and sales Founding： in 1964 , Headquarters in Kaohsiung, Taiwan Number of Production Sites： 23 Number of Employees：4,864 Overall Sales Revenue in 2019：NTD 40,363 million Headcounts o
Slide 5: Introduction - History
Introduction - History 1964 1985 1989 2000 2004 2008 2018+ 5
Slide 6: Introduction - Core Technology
Introduction - Core Technology Resin New Materials PCB LCD Quality UV IC 6
Slide 7: Introduction - Main Product
Introduction - Main Product Alkyd Resin、Solvent-Based Acrylic Coating Water-Based Acrylic Coating Resin、 Acrylic Resin For Adhesives and Overprinting Dry Film Photoresist、Dry Film Solder Mask Polyester Polyol Resin、 Resins Materials UV INK、Dry Film Photosensitive Polyimide、 Fluorocarbon Resin、Polyur
Slide 8: Introduction - Global Service Network
Introduction - Global Service Network Global Service Network : 35 Northeast Japan(3) ◆ Taiwan :4 ◆ China : 19 China(1) • Yokohama (2) ◆ USA :1 ◆ Japan :3 • Yingkou • Aichi(1) ◆ Thailand : 2 ◆ Korea :1 ◆ Indonesia : 1 ◆ India :1 North ◆ Vietnam : 1 ◆ Malaysia : 1 China(2) Korea(1) ◆ Italy ：1 • Tianij
Slide 9: Introduction - Global Production Sites
Introduction - Global Production Sites Global Production Sites :23 Northeast Japan(3) •Taiwan ： 3 China (1) •China ： 13 North • Yingkou • Ogaki •Thailand ： 1 • Kodama •USA ： 1 China (1) • Aichi •Japan ： 3 • Tianjin •Malaysia ： 1 •Italy ： 1 Southwest Italy(1) China (2) • Chengdu • Milan USA (1) • Cho
Slide 10: Introduction - R&D Sites
Introduction - R&D Sites 1. Taiwan－Research & Development Center 2. China－ Mainland China R&D Center 3. China－Beijing laboratory 4. The laboratory of plant (*8) Beijing Tianijn Suzhou Changshu Mainland Chain R&D Center Kunshan Chengdu Kaohsiung Research & Development Guangzhou Center Ta-Fa Plant Zhu
Slide 11: Financial Information - Balance Sheet & Key Financial Ratios
Financial Information - Balance Sheet & Key Financial Ratios Unit：NTD Million 2020Q3 2019 2018 Items Amount % Amount % Amount % Cash and cash equivalents 6,893 13 6,076 11 6,327 11 and current financial assets Accounts receivable 14,803 28 15,361 29 14,783 27 Inventories 7,157 13 7,182 13 7,918 15 F
Slide 12: Financial Information - Statement of Comprehensive Income
Financial Information - Statement of Comprehensive Income Unit：NTD Million 2020Q3 2019 2018 Items Amount % Amount % Amount % Operating Revenue 26,474 100 40,363 100 43,300 100 Gross profit 6,141 23 7,857 19 7,280 17 Operating expenses (4,076) (15) (5,522) (14) (5,467) (13) Operating Income 2,064 8 2
Slide 13: Financial Information - Cash Flow Statements
Financial Information - Cash Flow Statements Unit：NTD Million 2020Q3 2019 2018 Cash and cash equivalents at the beginning of the year 6,010 6,085 7,984 Cash flows from operating activities 4,059 4,946 2,883 Acquisition of property, plant and equipment (1,083) (2,111) (2,479) Increase (decrease) in s
Slide 14: Market Overview - China & ASEAN
Market Overview 2 - China & ASEAN Sales Distribution Market Status Sites in ASEAN Market Prospects 14
Slide 15: Specialty Materials Division – Sales Distribution
Specialty Materials Division – Sales Distribution Specialty Materials WW Volumes Share % 100% 15.8% 16.7% 17.1% 15.7% Others 5.7% 6.6% 5.7% 4.8% 80% 9.8% 9.2% 9.5% 10.3% Europe 5.2% 4.9% 4.3% 3.8% 4.1% 4.3% 5.0% 5.1% 60% America India 40% S.E. Asia 59.4% 58.3% 58.5% 60.4% 20% China 0% FY2017 FY2018
Slide 16: Specialty Materials Division - Chinese Market
Specialty Materials Division - Chinese Market Recovery of Economy Demand of down stream was affected by COVID-19 in Q1. The recovery of consumer electronics, printing, and cosmetic packaging industries started in April. The lens industry retrieved 80% of normal consumption in end of Q3. All industr
Slide 17: Specialty Materials Division - ASEAN Market
Specialty Materials Division - ASEAN Market High-Momentum Growth The general economy was affected by COVID-19, whereas the growth momentum is still high. Move of Supply Chain Due to the tariff war and risk assessment, the manufacturers invested more in ASEAN, especially Vietnam. The industrial cl
Slide 18: Specialty Materials Division - Sites in ASEAN
Specialty Materials Division - Sites in ASEAN Eternal Office Distribution Channel 18
Slide 19: Specialty Materials Division - Market Prospects
Specialty Materials Division - Market Prospects China Strengthen the Lead To follow the authority regulations of environment protection and industry upgrading, Eternal will keep inventing new products also tightly collaborate with the main customers. Explore New UV Curable Applications Transform
Slide 20: UV Curable Technology
3 UV Curable Technology Feature Applications Related Industries Eternal Capacity Product Categories Future Development 20
Slide 21: UV Curable Technology - Feature
UV Curable Technology - Feature 21
Slide 22: UV Curable Technology - Related Industries
UV Curable Technology - Related Industries (Meth) Acrylic Acid Petro Glycol Chemical Epoxy Resin Isocyanate Others UV Monomer UV Curable UV Oligomer Allnex / Sartomer Materials Miwon / BASF Photoinitiator Sanmu / Ruiyang / Litian Additives Ink Qualipoly / Haohui Others Qualipoly / Momentive Coating
Slide 23: UV Curable Technology - Product Categories
UV Curable Technology - Product Categories Ink • Offset, Flexo, Gravure, Screen, Inkjet Plastic Coating • 3C, 5G, VM, PVC, Nail Polish Wood coating • Solvent-Free Spray, Matting, Non-BPA, Weather resistance Adhesive • UV PSA, UV Hotmelt PSA, Electronic, Optoelectronic UV Waterborne •Wood, Plastic, M
Slide 24: UV Curable Technology
UV Curable Technology Ink - Printing /Packaging Ink - Digital printing Printing Decorative Film Wallpaper/Tile Screen Printing - PET Hologram Coating - Flooring /Furniture Packaging Film Hologram Film Flooring Furniture 24
Slide 25: UV Curable Technology
UV Curable Technology Coating -Cosmetic / Appliance Coating -Automotive Cosmetic Appliance Interior Car lamp Electronics - PCB / LCD Electronics - Touch Panel /Mobile Dry Film Photoresist Hard coating & Material Optical Film Touch Panel Transfer Adhesives 25
Slide 26: UV Curable Technology
UV Curable Technology Adhesive - PEELABLE MASK Adhesive - Adhesive for Different Substrate METAL PIN Protection for Protection for laser marking UV PIN ADHESIVE Processing Others - 3D Printing Consumer Tool Part Medical Assistive Model/Casting Elastic part 26
Slide 27: UV Curable Technology - Capacity of Eternal
UV Curable Technology - Capacity of Eternal Year 2019 UV Materials (Capacity: 86,000 Mt/year) UV Coating (Capacity: 7,000 Mt/year) Suzhou Luchu, Taiwan Zhuhai 27
Slide 28: UV Curable Technology - Future Development
UV Curable Technology - Future Development Novel Market & Improving & Optimizing Application Development To increase 6,000Mt capacity LED Curable, EB Curable in 2021 To increase 6,000Mt capacity 3D Printing, UV Inject in 2022 Coating for back shell of 5G mobile Automotive Interior Decoration Expandi
Slide 29: Q & A Thank you !
Q&A Company：578, Jiangong Rd., Sanmin Dist., Kaohsiung City 807, Taiwan TEL：+886-7-383-8181 FAX：+886-7-383-3355 Thank you ! E-mail：nick_pan@eternal-group.com 29
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