Tsc Auto Id Technology Co., Ltd. · TPEX:3611
Tsc Auto Id Technology — Q4 2020 Earnings Presentation
31 slides from Tsc Auto Id Technology's earnings presentation, Mar 22, 2021
Slide 1: TSC Auto ID Technology 4Q20 Conference Call
TSC Auto ID Technology 4Q20 Conference Call Code: 3611 TT © 2020 All Rights Reserved. TSC Printronix Auto ID. Confidential and proprietary.
Slide 2: Agenda
Agenda 01 4Q20 Financial Results 02 Operation Overview 03 Market Trend & Products 04 Q&A
Slide 3: Disclaimer
免責聲明 Disclaimer 簡報所提供之資訊可能含有前瞻性敘述，實際結果可能與這些 前瞻性敘述大不相同。簡報資料中所提供之資訊並未明示或暗 示的表達或保證其具有正確性及完整性，亦不代表鼎翰科技股 份有限公司(本公司)對產業狀況或後續重大發展的完整論述。 TSC Auto ID Technology and its subsidiaries have no intention and undertake no obligation to update any forward-looking statement, whether as a result of new information,
Slide 4: 4Q20 Financial Results
01 4Q20 Financial Results
Slide 5: 4Q20 Performance
4Q20 Performance ✓ Sales Revenue All-time record high ✓ Op Expense Executing cost reduction and saved 3% yoy ✓ Op Income Exceeding +7% yoy, reached NT$ 300M ✓ Earnings /Share Delivered EPS NT$ 6, yoy +NT$ 1.1
Slide 6: 4Q20 Financials
4Q20 Financials NTD millions 4Q20 4Q19 YoY Note Sales Revenue 1,665 100% 1,591 100% 74 5% Favorable Gross Margin 601 36.1% 591 37.2% 10 1.7% Favorable Op Expense (303) -18% (313) -20% 9 -3% Favorable Op Income 298 18% 279 18% 20 7% Favorable Tax & Others (43) -3% (70) -4% 27 Favorable Net Income 255
Slide 7: 2020 Sales Revenue by Month
2020 Sales Revenue by Month $625 $600 $515 $530 $514 ✓ F e b : P a n d e m i c – C h i n a & A PA C $484 $474 $462 $481 $419 $434 ✓ M a y: P a n d e m i c – N . A . & E M E A $386 $364 ✓ J u n : S t a r t o f c o n s e c u t i v e g r o wt h $300 ✓ S e p : H i g h e r s a l e s yo y ✓ N o v : C a r
Slide 8: Revenue Contribution - Product
Revenue Contribution - Product Barcode Printer Labels Services & Others 58% 57% 31% 32% 11% 11% 4Q19 4Q20 4Q19 4Q20 4Q19 4Q20
Slide 9: Barcode Printer Contribution - Region
Barcode Printer Contribution - Region N.A. EMEA CHINA Rest of World 22% 19% 38% 33% 22% 25% 19% 23% 4Q19 4Q20 4Q19 4Q20 4Q19 4Q20 4Q19 4Q20
Slide 10: Revenue and Income
Revenue and Income NTD millions +$74 +20 +5% +7% ✓ Excluding FX $1,665 $298 impact, Sales in USD reached tens digit growth $1,591 $279 ✓ Printer & Label contributed positive income, EPS NT$ 6.0 4Q19 Printer Label 4Q20 4Q19 Printer Label 4Q20 altogether Sales Revenue Net Income
Slide 11: 2020 Financials
2020 Financials NTD millions CY20 CY19 YoY Note Sales Revenue 5,684 100% 5,857 100% (173) -3% Unfavorable Gross Margin 2,023 35.6% 2,202 37.6% (179) -8.1% Unfavorable Op Expense (1,106) -19% (1,216) -21% 110 -9% Favorable Op Income 917 16% 986 17% (69) -7% Unfavorable Tax & Others (202) -4% (225) -4
Slide 12: Financial Summary
Financial Summary NTD hundred millions Total Assets Cash Current Asset Total Liability Debt Ratio +4 +4 +3 -0.7 -3% 13 32 71 36 50%
Slide 13: Cash Flow & Resource Use
Cash Flow & Resource Use NTD millions +$387 $1,125 (+42%) increase -$94 -$46 decrease -$425 $1,308 -$110 -$63 $921 Cash Cash from CapEx Bank Loan Dividend Financing Others Cash 1/1/2020 Operations Payout Activities 12/31/2020
Slide 14: Operation Overview
02 Operation Overview
Slide 15: Operation Overview
Operation Overview ✓ We d o n ’ t p r o vi d e fi n a n c i a l o u tl o o k ✓ Ec o n o mi c r e s p on ses to C o r o na vi rus Pa n d e mi c va r y w o r l d w i de , w e a r e c a u ti o usl y o p ti m i s ti c to o u r 1 Q 2 1 b u s i n ess a c ti vi ty ✓ L o n g e r l e a d - ti me fo r m a te
Slide 16: DLS Overview
DLS Overview 2020 monthly revenue vs. 2019 average (in US$ as 100%) increase 130% decrease ✓ Pandemic has minor impact to business 100% ✓ Sales revenue growth in USD yoy ✓ Contributed recurring cash flow and net 93% income ✓ Synergy with printer + label projects ✓ Support printer business with brand
Slide 17: Revenue Trend
Revenue Trend NT$ million $5,857 $5,684 $6,000 ✓ CAGR 15% 2010 ~ 2020 $3,925 $4,000 $3,706 ✓ 2016 acquired $3,437 Printronix $2,659 $2,441 ✓ 2019 acquired $2,104 DLS $2,000 $1,806 $1,676 $1,406 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 18: EPS history
歷年每股盈餘 NT$ Dollar $20 $17.9 $16.8 ✓ EPS consecutive 8 years $16.0 $16.2 above NT$10 (2013 – 2020) $15.1 $14.2 ✓ $17. last 3-year average $13.0 $13.3 ✓ $16.2 last 5-year average ✓ $14.6 last 10-year average $10 $9.2 $8.9 $7.5 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 19: Market Trend & Products
03 Market Trend & Products
Slide 20: Market Trend & Products: Mobile Barcode Printers
Market Trend & Products _ Mobile Barcode Printers 2021 Mar. 22nd © 2020 All Rights Reserved. TSC Printronix Auto ID. Confidential and proprietary.
Slide 21: Mobile Printer Market Trend
Mobile Printer Market Trend Transportation & USD 5XX Million Logistics USD 4XX Million CAGR 7-8 % Retail Manufacturing 2019 2023
Slide 22: Post COVID-19 Business Transformation
Post COVID-19 Business Transformation: Contactless E-Comm Healthcare
Slide 23: TSC Mobile Product Portfolio
TSC Mobile Product Portfolio 2021 Q1 NEW 2021 Q1 NEW Enterprise Level Label Printing Existed/New Customers Total Solution 2 inch 3 inch 4 inch
Slide 24: Retail Healthcare Logistics Manufacturing
Retail Healthcare Logistics Manufacturing
Slide 25: Shipping and Receiving
Shipping and Receiving Water Dust Proof -20~50℃ 2.5 m Drop Rolling Long Lasting Battery
Slide 26: Inventory Management
Inventory Management Wi-Fi Certified Fast Roaming Dynamic Printer Full Line of Management Accessories Linerless
Slide 27: Production Line Efficiency
Production Line Efficiency Wi-Fi Dynamic Printer TPH Care Management Smart Peeler Battery
Slide 28: Pickup and Delivery
Pickup and Delivery Apple MFi BT 5.0 Mobile Utility Integrated Software Pack
Slide 29: Continuous Investment
Continuous Investment Key Success Factors For Rapid Growth TSC Printronix Academy VAR/ISV Recruitment Global Marketing Mobile Total Solution Strategic Product Development
Slide 30: Q&A
04 Q&A
Slide 31: Thank You
Thank You TSC Auto ID tscprinters.com | Printronix Auto ID printronixautoid.com
TSC Auto ID Technology — Q4 2020 Earnings Presentation on 6ix