Soonest Express Co Ltd · TPEX:2643
Soonest Express — FY2022 Earnings Presentation
27 slides from Soonest Express's earnings presentation, Mar 16, 2023
Slide 1: Soonest Express Co., Ltd. 2022 Corporate Earnings Conference
2643 SOONEST EXPRESS CO., LTD. 2022 CORPORATE EARNINGS CONFERENCE 海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 公 司 網 址 : www.soonest.com http://www.soonest.com
Slide 2: Limitation of Liabilities
LIMITATION Of LIABILITIES This presentation contains predictive information released from the company’s internal and external sources. The actual operating results, financial conditions and the business prospects may be different from these forecasts and the reasons may due to various risks beyo
Slide 3: About Soonest
ABOUT SOONEST http://www.soonest.com
Slide 4: Company facts
ESTABLISHED STOCK CODE IPO CHAIRMAN G.M. CAPITAL INVESTMENT ADDRESS SERVICES WORLDWIDE Feb. 13, 1984 2643 Mar. 4, 2016 C.M. Ku Kang Y. Sun NTD 300,000,000 4F, No. 34, Rui Guang Rd., Taipei 114, Taiwan Air/ Ocean Freight Forwarding + Customs Declaration » Warehouses » Transportation and Delivery Offi
Slide 5: Global Offices
GLOBAL OFFICES 18 Offices、9 Warehouses TPE (HQ)、HKG、SZX、DGN、WUH、 SIN、PEN、 PVG、NBO、SNJ、HGH、 TAO SFO、LAX、ORD、JFK、DFW MAA http://www.soonest.com
Slide 6: Core Services
OUR SERVICES AIR/OCEAN FREIGHT INTERNATIONAL FORWARDING COURIER CORE SERVICES INTEGRATED CUSTOMS WAREHOUSE / LOGISTICS DECLARATION IN-LAND TRANSPORTATION 海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 AIR/OCEAN 公 司 網 址 : www.soonest.com INTERNATIONAL LOGISTICS CO-LOADING MANAGEMENT http://www.soonest.com
Slide 7: 2022 Performance
2022 PERFORMANCE http://www.soonest.com
Slide 8: Performance - Consolidated Revenue
PERFORMANCE-CONSOLIDATED REVENUE 4,500,000 4,000,000 AIR FREIGHT REVENUE (MILLIONS) 3,500,000 5,800 3,000,000 5,600 2,500,000 OCEAN FREIGHT 5,400 2,000,000 OTHER 5,200 1,500,000 1,000,000 5,000 500,000 4,800 - 4,600 空運收入 海運收入 其他收入 MILLIONS 2021年度 2022年度 109 110 111 營業收入(佰萬元) 5,067 5,705 http://www.s
Slide 9: Product Revenue
PRODUCT REVENUE UNIT：THOUSAND Air Freight Services 1,400,000 營業收入金額(仟元) 1,200,000 Ocean Freight Services 1,000,000 800,000 Other Services 600,000 400,000 200,000 - 空運服務 海運服務 其他服務 2021Q4 931,595 439,319 148,513 2022Q3 1,202,699 311,647 146,608 2022Q4 875,860 224,475 132,802 http://www.soonest.com
Slide 10: Product Ratio (Revenue)
PRODUCT RATIO (REVENUE) UNIT：THOUSAND 2021 2022 OTHER AIR OTHER AIR SERVICES FREIGHT SERVICES FREIGHT 518,029 SERVICES 541,487 SERVICES 10% 3,154,664 9% 3,933,957 62% 69% OCEAN OCEAN FREIGHT FREIGHT SERVICES SERVICES 1,229,261 1,393,969 22% 28% http://www.soonest.com
Slide 11: Area Ratio (Revenue)
AREA RATIO (REVENUE) UNIT：THOUSAND 2021 2022 TAIWAN USA USA 台灣地區 TAIWAN 569,853 682,114 11% 990,034 1,973,332 12% 20% 35% ASIA亞洲 地區 ASIA 3,506,775 3,049,259 69% 53% http://www.soonest.com
Slide 12: Product Gross Margins
PRODUCT GROSS MARGINS 25.00% Air Freight Services Ocean Freight Services Other Services 20.00% Average 15.00% 毛利率 10.00% 5.00% 0.00% 空運服務 海運服務 其他服務 平均 2021Q4 11.04% 11.40% 18.12% 11.84% 2022Q3 21.96% 11.50% 14.98% 19.38% 2022Q4 15.41% 20.47% 17.37% 16.54% http://www.soonest.com
Slide 13: Operating Performance - Various Ratio
OPERATING PERFORMANCE –VARIOUS RATIO 60.00 50.00 40.00 Gross Margin (%) 30.00 Net Profit Margin (%) % EPS (NTD Dollars) 20.00 10.00 - 毛利率 (%) 營業淨利率 (%) 淨利(仟萬元) EPS (元) 2021 2021年度 11.17 7.23 29.15 9.72 2022 Q1-Q3 2022前三季 16.32 10.90 42.17 14.06 2022 2022年度 16.36 10.79 50.04 16.68 http://www.soonest.
Slide 14: Operating Performance - EPS
OPERATING PERFORMANCE-EPS EPS 18.00 16.00 14.00 12.00 10.00 元 8.00 6.00 4.00 2.00 NTD Dollars - 第一季 Q1 上半年度 H1 前三季 Q1-Q3 年度 year 2019 0.55 1.30 2.85 4.60 2020 1.10 3.00 5.06 7.15 2021 1.60 3.63 6.35 9.72 2022 2.94 8.11 14.06 16.68 http://www.soonest.com
Slide 15: Operating Performance
OPERATING PERFORMANCE Categories 2020 2021 2022 Capital Debts Ratio ( % ) 39.93 40.50 38.66 Structure Liquidity Current Ratio ( % ) 256.57 255.57 280.23 Operating Average Collection ( TIMES ) 5.50 6.05 5.68 Performance Turnover Return on Total 14.52 17.11 23.04 ( % ) Assets Return on Equity 25.91 28
Slide 16: International Market Outlook & Challenge
INTERNATIONAL MARKET OUTLOOK & CHALLENGE http://www.soonest.com
Slide 17: Air Freight Performance - Taiwan Export
AIR FREIGHT PERFORMACE – TAIWAN EXPORT Taiwan Taoyuan airport : CARGO VOLUME DROPPED 9.72 % COMPARE TO SAME TIME LAST YEAR Source: Taoyuan International Airport Corp. Ltd. http://www.soonest.com
Slide 18: Air Freight & Fuel Charges
AIR FREIGHT & FUEL CHARGES Jan. 22’ ~ Mar. 23’ USA FREIGHT FEUL CHARGES(TWD/KG) CHAGES 70 60 50 40 30 20 10 0 Ja Fe M Ap M Ju Jul Au Se O No De Ja Fe M Ap M Ju Jul Au Se O No De Ja Fe M n b ar r ay n y g p ct v c n b ar r ay n y g p ct v c n b ar 21' 21' 21' 21' 21' 21' 21' 21' 21' 21' 21' 21' 22'
Slide 19: Air Freight Market
『AIR FREIGHT』MARKET The freight rate falls to the level prior to the epidemic and expected to be stabilize in Q3 Border unblocked, passenger flights started to increase, cargo moving. Supply of flights gradually resumed (China Airlines acquires new planes in March/May), Freight costs loosen,
Slide 20: Ocean Freight Charge
OCEAN FREIGHT CHARGE Jan 22'~ Mar 23' TW-West of USA (USD/40') 11,000 11,000 11,000 10,000 8,500 7,800 7,100 6,300 3,300 2,050 1,650 1,400 1,350 1,2001,200 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Jan Feb Mar 22' 22' 22' 22' 22' 22' 22' 22' 22' 22' 22' 22' 23' 23' 23' http://www.soonest.com
Slide 21: Ocean Freight Market
『OCEAN FREIGHT』MARKET It is estimated that the market will be sluggish, freight rates will continue Shipping company can't afford price cut, price over NTD 10,000 became history to fall, Q3 will have a chance to bounce back. Empty containers accumulated in the west of the USA, the fleet does n
Slide 22: Market Outlook
MARKET OUTLOOK Excess international container capacity 1. The IMF predicts that the global economy will be 2.7% in 2023 (3.2% in 2022), and 1/3 of the countries will be in recession. 2. Port congestion is eased, new ships are delivered, and 4.5-4.8 million TEUs are expected to be delivered success
Slide 23: Directions on Operation and Strategies
DIRECTIONS ON OPERATION AND STRATEGIES http://www.soonest.com
Slide 24: Operation Directions
OPERATION DIRECTIONS Optimize service and efficiency Focus on operating projects Customer resource integration Diversified products and channels http://www.soonest.com
Slide 25: Strategies
STRATEGIES - Strengthen the ASEAN and Indian markets Diversified Products Education /Training - Long-term cooperation with domestic colleges and universities - Deeply work on Cross-strait, and HKG area. - Complete internal and external - Expand long-range European and education and training American
Slide 26: http://www.soonest.com
http://www.soonest.com
Slide 27: http://www.soonest.com
海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 http://www.soonest.com