Tatung Co. · TWSE:2371
Tatung — Investor Presentation (November 2011)
13 slides from Tatung's investor presentation, Nov 10, 2011
Slide 1: Tatung Company (2371 TT)
Tatung Company (2371 TT) Integrity, Honesty, Industry, Frugality Nov 10, 2011
Slide 2: Agenda
Agenda 1 Tatung performance highlight 2 Group synergies Energy saving and green energy as 3 group focus 4 Key subsidiary update 5 Unlock asset value
Slide 3: Improving Corporate Governance
1 Improving Corporate Governance Nominated independent directors Set up auditing committee Established remuneration committee Reinforced internal control Participated corporate governance evaluation TWSE evaluation on information transparency: A Grade Renewed company website
Slide 4: Tatung Financial Highlight
1 Tatung Financial Highlight NT$ Thousand 2010, Q1~Q3 2011, Q1~Q3 (Parent) (Parent) Sales 29,217,425 29,392,723 Gross Profits 2,415,011 2,471,391 Operating Profits 185,611 447,012 4
Slide 5: 2011 Key Achievements
1 2011 Key Achievements Reorganized the company from 7 business units to 3 business groups Tatung brand entered South China market to expand consumer product business Technology transfer of transformers in Oman as entry into Middle East Captured orders from Tai-Power Co. for high voltage AMI project
Slide 6: Expand into Asian Markets
1 Expand into Asian Markets Growing China into high- potential Asian markets Southeast Asia East Asia 6
Slide 7: Group Synergies
2 Group Synergies Energy Conservation Investment in Tatung Brand & Service Co. Channel Asset Power Development Infrastructure
Slide 8: Group Focus- Energy Saving and Green Energy
Group Focus- 3 Energy Saving and Green Energy Energy integration solutions Strengthen Tatung brand with environmental protection image Expand high-margin and synergetic products Leverage talent pool through cooperation with Tatung University Emphasis on R&D driven and high value-added environmen
Slide 9: Key Subsidiaries Update
4 Key Subsidiaries Update Chunghwa Picture Tubes (CPT; 2475TT) To expedite change in product mix from IT to smart phone, e-book and tablet PC for better margins: 350M pcs/YR in 2010 to 500M pcs/YR in 2011 (Oct. 52M pcs) Disposed idle assets to gain cash Keep reducing bank debt Depreciation is decrea
Slide 10: Key Subsidiary Update
4 Key Subsidiary Update Green Energy Technology (GET; 3519TT) San Chih Semiconductor Cop. (SCSC; 3579TT) Due to oversupply and global economic recession, Solar and LED industries ASP have dropped sharply since Q2. GET is still confident on long term growth in solar but expects a conservative market
Slide 11: Asset Development Strategies
5 Asset Development Strategies Yield Optimize rental income and gain Enhancement regular income streams Urban Renewal Maximize GFA incentives Application Strategic Substantially increase asset value Rezoning Top Notch Design Maximize ASP and Construction Maximum Profits
Slide 12: Increase Shareholder Value!
Increase Shareholder Value! 12
Slide 13: The Brand Which Best Represents Taiwan
The Brand Which Best Represents Taiwan (China Times Survey, Sept. 10, 2007) Thank you! 13