Nankang Rubber Tire Corp., Ltd. · TWSE:2101
Nankang Rubber Tire — Nankang Rubber Tire Co., Ltd 2024 Investors' Conference
47 slides from Nankang Rubber Tire's conference presentation, Nov 28, 2024
Slide 1: Nankang Rubber Tire Co., Ltd 2024 Investors' Conference
Stock code：2101 Nankang Rubber Tire Co., Ltd 2024 Investors' Conference
Slide 2: Safe Harbor Notice
免責聲明Safe Harbor Notice 本簡報及同時發布之相關內容是建立於本公司可取得之內外部資訊，有些資訊可能受未 來不確定性因素影響(如市場需求、價格變動、國際經濟情勢、國際匯率波動及其他無法 掌控之因素)，致使與原先本公司對於未來前景的說明迥異，未來若有變更或調整時，請 以「台灣證券交易所-公開資訊觀測站」公告資訊為主要依據。 This presentation is based on the information obtained from various sources which the Company believes to be reliable. But at som
Slide 3: Meeting Procedures
Meeting Procedures Date：2024.11.28 Meeting location: Online meeting Procedures Time Item Speaker 1 13：55～14：00 Enter The Meeting Link - Chairman Chairman's Speech Mr. KUO, LIN-LIANG 2 14：00～14：15 Finance Dept. Associate Statement Of Operations Mrs. KUO, MEI-HANG 2025 Operating Outlook And Design Dep
Slide 4: Outline
Outline The current status of the company's operations • Company Profile • Statement of results of operations Operational prospects: Enhancement of the competitiveness of Nankang •Global situation and industry outlook •The advantages of Nangang are extended •Continuous improvement of competitiveness
Slide 5: Company's Profile
IIN/ NANKANG &2: Companys Profile
Slide 6: Company's Profile
Company’s Profile The company was founded on February 25, 1959 and listed on the stock market in November 1963 Amount of NT$8.339 billion Capital Turnover In 2023, the cumulative revenue was NT$8.52 billion Company 6th Floor, No. 136, Section 3, Ren-Ai Road, Da-An address District, Taipei City Xinfe
Slide 7: Xin-Feng Plant
Xin-Feng Plant 新豐已修 C:\Users\nkpers\Desktop\ .png ⚫ Founded in 1973, the factory building is wide and elegant. ⚫ It covers an area of more than 171,730 m2 , and is currently built about 82,562.5 m2 , close to the national highway transportation hub. ⚫ In 2019, the automatic molding machine was offic
Slide 8: Zhang-Jia-Gang Plant
Zhang-Jia-Gang Plant • It was approved on September 9, 1997. • The land area is 266,535 m2 , and the factory area is 139,736 m2 . • The main products are radial car tires (12"~24" specifications), with a maximum daily production capacity of 19,000 pieces. 7
Slide 9: Green Energy Xin-Feng factory
Green Energy Xin-Feng factory • At present, the first and second phases of the solar panel paving design have been completed at the Xin-Feng plant, and the third phase is expected to be completed in May 2024. • Total paved area: 19,000 m2 . • The annual power generation is estimated to be about 8.86
Slide 10: Statement of operations
Statement of operations Speaker： Finance Dept. Associate Mrs. KUO, MEI-HANG
Slide 11: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income 單位：新台幣仟元 Unit：NT$1,000 2024.Jan- Item 2024.Jan-Sep.(Tire) Total Sep.(Construction) Amount % Amount % Amount % 營業收入(Net revenue) 6,940,043 100 6,206,870 100 13,146,913 100 營業成本(Cost of revenue) (5,206,567) (75) (3,480,731) (56) (8,687,298) (66) 營業毛利(Gro
Slide 12: Consolidated Statements of Comprehensive Income-TIRE
Consolidated Statements of Comprehensive Income-TIRE 單位：新台幣仟元 Unit：NT$1,000 Profitable Item 2024.Jan-Sep.(Tire) 2023.Jan-Sep.(Tire) (un)profitable Amount % Amount % Amount 營業收入(Net revenue) 6,940,043 100 5,883,212 100 1,056,831 營業成本(Cost of revenue) (5,206,567) (75) (4,805,565) (82) (401,002) 營業毛利(G
Slide 13: Consolidated revenue - single quarter (tire)
Consolidated revenue - single quarter (tire) 單位:新台幣仟元 Unit:NT$1,000 3,000,000 2,571,097 2,500,000 2,395,380 2,117,484 2,053,439 1,968,762 1,973,566 2,000,000 1,712,289 1,500,000 1,000,000 500,000 12 - 2023-Q1~Q1 2023-Q2~Q2 2023-Q3~Q3 2023-Q4-Q4 2024-Q1~Q1 2024-Q2~Q2 2024-Q3~Q3
Slide 14: Consolidated gross profit margin - single quarter (tire)
Consolidated gross profit margin - single quarter (tire) 30.00% 26.24% 25.62% 25.00% 24.16% 22.22% 22.60% 19.83% 20.00% 15.00% 11.76% 10.00% 5.00% 0.00% 2023-Q1~Q1 2023-Q2~Q2 2023-Q3~Q3 2023-Q4-Q4 2024-Q1~Q1 2024-Q2~Q2 2024-Q3~Q3 13
Slide 15: Enhancement the competitiveness of Nankang
Enhancement the competitiveness of Nankang Speaker： Design Dept. Associate Mr. WU, YUAN-SHENG
Slide 16: Nankang's competitiveness extends
Operational outlook 1. Automobile Sales Trends 2. SUV Trends 3. Electric Vehicle Trends Nankang’s competitiveness extends 1. Next-generation SUV tires launched 2. Expanded Electric vehicle-specific tires product line 3. Expanded motorsport product line 4. niche products
Slide 17: Global automotive sales outlook
Industry prospects ➢Global automotive sales outlook According to the analysis of market research institutions, global automobile sales will show a slight growth trend in 2024 and 2025. 16
Slide 18: SUV sales expected to continue growing
Industry prospects ➢SUV sales expected to continue growing The global sports utility vehicle (SUV) market will grow at a compound annual growth rate of 17 4.4% until 2029, which is better than the overall new car sales growth rate.
Slide 19: Electric vehicle sales trends
Industry prospects ➢Electric vehicle sales trends Global electric vehicle sales continue to grow. This year there will be one electric vehicle for every five new vehicles; the compound growth rate from 2024 to 2033 is 18 estimated to be 14.5%.
Slide 20: Expands SUV production line
Industry prospects ➢Expands SUV production line Nankang is proud of the complete product specifications. The existing SUV tire specifications cover 13 to 26”, and it will continue to develop new specifications and launch new products to seize market share. Statistics show that the number of newly de
Slide 21: New SUV tire NEX-1 officially launched
Nankang’s competitiveness extends ➢New SUV tire NEX-1 officially launched ➢New pattern formula design, wet grip reaches the highest European standard A level. 20
Slide 22: Expanding electric tire specifications
Nankang’s competitiveness extends ➢Expanding electric tire specifications ➢Based on the positive reviews of AS-2+ by the market and professional magazines, the new special tire AS-3 EV has launched in March 2023. (2022 Tire reviews AS-2+ ranked 4th in 10 major tire UUHP product evaluations) ➢AS-3 EV
Slide 23: MOTORSPORT product CR-S achieves great success again
Nankang’s competitiveness extends ➢MOTORSPORT product CR-S achieves great success again ➢CR-S refreshed its own best record at the Nü rburgring Nordschleife, breaking through the 7-minute indicator record and setting a best lap time of 6 minutes and 57.43 seconds. ➢This year, we took advantage of th
Slide 24: Develop niche products and expand product lines
Nankang’s competitiveness extends ➢Develop niche products and expand product lines Available this year: Launch in 2025: ➢SUV tire NEX-1 ➢European market AT tires ➢Retro racing tire CVR-6 ➢AT tires for desert ➢Desert tire ➢New generation of European all-season tires ➢North-east of China snow tires ➢N
Slide 25: Nanrong Development Construction Company Sales
Speaker： Nanrong Development Construction Company Sales Associate Mr. HUNG, YI-CHIH
Slide 26: Briefing process
➢ Basic data Briefing ➢ Construction Methods process ➢ Sales progress ➢ Progress of the project ➢ Conclusion
Slide 27: I. Basic data
THE SLOBAL ONE |. Basic data
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Slide 29: Unit: NT$1,000
單位：仟元 28
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Slide 31: a es
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Slide 32: Base location and project details
⚫ Base location: Section 8, Civic Avenue, Nangang District, Taipei City (next to Taipei Pop Music Center) ⚫ Building license number: 105 Jian Zi No. 0103 ⚫ Lot number: 566, 567, 568, 569, 570, 571 and other six land numbers in the fourth section of Nangang Section, Nangang ⚫ Public Fortification Rat
Slide 33: II. Construction Methods
THE SLOBAL ONE Il. Construction Methods
Slide 34: Resistant to magnitude 7 earthquakes
Resistant to magnitude 7 earthquakes A continuous wall with a thickness of 100 cm and a depth of 37 m Raft foundation: 250cm thickness There are 220 sets of foundation piles The depth of penetration into the rock is 4~24m 33
Slide 35: Resistant to magnitude 7 earthquakes
Resistant to magnitude 7 earthquakes 10,000 psi high-performance concrete 6.5cm thick high-strength steel plate The outer layer is covered with 10cm of RC 34
Slide 36: Resistant to magnitude 7 earthquakes
Resistant to magnitude 7 earthquakes Seismic wall: There are a total of 592 groups, and 4 groups are installed on each floor above the 4th floor Interstitial columns： of the residential area There are 6 groups on each floor of the residential area from the 4th floor onwards Seismic diagonal brace: T
Slide 37: Resist strong typhoon level 17
Resist strong typhoon level 17 36
Slide 38: Uninterruptible power supply system
Uninterruptible power supply system 37
Slide 39: Office: double-layer curtain wall and sun-chasing system
Office：double-layer curtain wall and sun-chasing system 樑帶烤漆鋁背 板 Beams with painted aluminium backs 雙層牆不銹鋼集風 Double-walled non-rigid 箱 steel bellows 德國進口Warema電動百葉 Warema electric shutter imported from Germany 6+12AS+6mm熱硬化複層LowE玻璃 6+12AS+6mm thermosetting laminated LowE glass 10+2.28PVB+10mm熱硬化膠合玻璃
Slide 40: III. Sales progress
THE SLOBAL ONE Ill. Sales progress
Slide 41: Residential area almost sold out
Total sales of this case are estimated at 80 billion yuan 13-27F, handover completed Buildings B-G below in the residential area are almost Hosted by sold out, with a sales rate of the host nearly 70% 40
Slide 42: IV. Progress of the project
THE SLOBAL ONE IV. Progress of the project
Slide 43: Overall Works Progress Plan (up to October 2024)
Overall Works Progress Plan (calculated up to October 2024) Excavation progress 100% Progress of the ☆Under basement structure 100% ground project Progress of underground interior 71% 2024.10 decoration works Progress of the 100% superstructure works ☆above Upper renovation 92% ground progress Progr
Slide 44: V. Conclusion
THE SLOBAL ONE V. Conclusion
Slide 45: Building H sold; residential area sold
1. Building H has been sold for 6.25 billion and has been booked in September 2024 2. The residential area has been sold for 25.8 billion, and it is expected to be handed over to the account after completion in June 2025. Sold Completion Unsold building (NTD$10,000) time (NTD$10,000) Estimated June
Slide 46: End of briefing, thanks for your listening
THE GLOBAL OWE End of briefing, thanks for your listening.
Slide 47: IN NANKANG
IN NANKANG
Nankang Rubber Tire — Nankang Rubber Tire Co., Ltd 2024 Investors' Conference on 6ix