Walsin Lihwa Corporation · TWSE:1605
Walsin Lihwa — Q4 2019 Earnings Presentation
14 slides from Walsin Lihwa's earnings presentation, Feb 27, 2020
Slide 1: Walsin Lihwa Corporation Investor Conference for Q4 2019
Walsin Lihwa Corporation Investor Conference for Q4 2019 1
Slide 2: Disclaimer
Disclaimer Walsin’s statements of its current expectations are forward looking statements subject to significant risks and uncertainties and actual results may differ materially from these forward-looking statements. Except as required by law, Walsin assumes no obligation to update any forward-l
Slide 3: Agenda
Agenda Earnings in 2019 Page 4 Stainless Steel Segment Page 5 - 6 Wire and Cable Segment Page 7 Commercial Real Estate Segment Page 8 Reinvestments and Others Page 9 Status of work resumption Page 10 Update of 2019Q2 Investor Conference Materials Page 11 - 12 Appendix Page 13 – 14
Slide 4: Earnings in 2019
Earnings in 2019 Net income for 2019 was NT$3.15 billion, with EPS being NT$0.95 Cash dividend for 2019 was NT$0.5 per share In 100 Million NTD 2016 2017 2018 2019 Net Income 45.7 65.6 117.6 31.5 Earnings Per Share (NTD) 1.33 1.97 3.53 0.95 EBITDA 83.3 117 191.2 57.9 EBITDA-Manufacturing Segment
Slide 5: Stainless Steel Segment
Stainless Steel Segment Changes in Long-term Net Income (in Net income and Sales Volume for Stainless Steel Segment Sales Volume (in thousand metric Competitions million NTD) tons) Ongoing impacts of the US- China trade war The mass supply of stainless steel products made from ferronickel, pro
Slide 6: Stainless Steel Segment
Stainless Steel Segment Bar Product Mix in China Strategies in response to the general environment Expand into upstream raw material markets to enhance stability of raw material supply. Stay cost competitive for raw Other high value- High value-added grades 304 series and materials, and increa
Slide 7: Wire and Cable Segment
Wire and Cable Segment Power Cable Product Mix Stable Earnings for Wire and Cable Segment Power Cable Construction cables and structured cables profit stably. Solar and wind power and port machinery cable industries have Industrial Cable Infrastructure Construction Wires promising growth. Of
Slide 8: Commercial Real Estate Segment
Commercial Real Estate Segment The shopping mall Nanjing Walsin Centro has been successfully opened in mid-2019. At present, customers and business are growing steadily. The sale of the third phase of the residential products “Jinguuan” on Lot D of Nanjing Walsin Centro may be completed, awaitin
Slide 9: Reinvestments and Others
Reinvestments and Others Reinvestments US-China trade war affected the Company's reinvestment profit, except for investment in Borrego, a US solar energy company. Recognized investment losses in Powertec Energy Corp. of NT$1.68 billion Others Recognized profits from sale of Nanjing Walsin
Slide 10: Impact of Novel Coronavirus – status of work resumption
Impact of Novel Coronavirus – status of work resumption Day of work resumption Ratio of worker on board Dongguan Walsin 2/10 74% Shanghai Walsin 2/17 40% Yantai Walsin 2/25 work resumption by 3 phases Jiangyin Walsin (Alloy) 2/19 56% Changshu Walsin 2/10 81% Jiangyin Walsin (Steel &Cable) 2/12 75% N
Slide 11: Update of 2019Q2 Investor Conference Materials
Update of 2019Q2 Investor Conference Materials P5. Update of Net income and Sales P7. Update of Net income and Sales Volume for Stainless Steel Segment Volume for Wire and Cable Segment 11
Slide 12: Update of 2019Q2 Investor Conference Materials
Update of 2019Q2 Investor Conference Materials P9. Update of Net income by Segment 12
Slide 13: Appendix– Segment Definitions
Appendix– Segment Definitions 13
Slide 14: Segment Definitions
Segment Definitions Stainless Steel Segment: Yenshui Plant, Taichung Plant, Yantai Walsin, Jiangying Walsin (Alloy), Jiangying Walsin (Steel & Wire), Baihe Walsin and Changshu Walsin Wire and Cable Segment: Hsinchuang Plant, Yangmei Plant, Nanjing Walsin (Copper Wire), Dongguan Walsin and Shangh