Hotai Motor Co., Ltd. · TWSE:2207
Hotai Motor — Investor conference invited by Taishin Securities (June 2024)
27 slides from Hotai Motor's conference presentation, Jun 5, 2024
Slide 1: Hotai Motor Co., Ltd 2207TT
Slide 2: Agenda
Agenda ◆ Company introduction ◆ 2024 Q1 Financial result ◆ 2024 Operation Highlight ◆ Q&A
Slide 3: Company introduction
Company introduction
Slide 4: Company introduction
Company introduction Establishing date: September 1947 Chairman: President: Executive Vice President: Mr. Huang Nan-Kuang Mr. Justin Su Mr. KAZUO NAGANUMA Capital amount: Sales turnover: Employees: ： NT$5.571 billion 161.3billion ( 2023) 567 people ( 2023) Product brands: TOYOTA, LEXUS, HINO Trucks,
Slide 5: Affiliates
Affiliates Car Rental and MaaS Hotai Mobility Service (yoxi)
Slide 6: Operation and financial results
Operation and financial results 33% 32% 32% 32% 32% 33% 33% 33% 300 50 29% 41.03 28% 30% 250 40 1500 29.7 200 25% 25.36 30 150 19.66 18.52 18.36 21.55 16.84 17.9 20 1150 20% 100 50 10 15% 92 98 107 101 100 118 138 162 229 800 0 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 -50 10% -10 -193 -10
Slide 7: 2024 Q1 Financial result
2024 Qi Financial result
Slide 8: 2024 Q1 income statement
Unit：Million Difference Items 2024 Q1 2023 Q1 (+Increase,▲:reduce) Total Income 72,066 67,950 + 4,116 Operating revenue 55,207 53,784 + 1,423 Leasing income 5,042 4,675 + 367 Others 11,817 9,491 + 2,326 Total Expense 63,544 60,618 ▲ 2,926 COGS 48,998 47,098 ▲ 1,900 Leasing cost 3,924 3,639 ▲ 285 Ope
Slide 9: 2024 Q1 Financial result
2024 Q1 Financial result HOTAI Increased profits, mainly due to: ①Sales of Toyota's Yaris Cross and other models have benefited. ② Financial assets, including the evaluation of holding Toyota stocks, contribute to profits
Slide 10: Profit performance of major subsidiaries in 2024 Q1
Profit performance of major subsidiaries in 2024 Q1 Unit：Hundred Million Reinvestment Company Name HOTAI INSURANCE HO TAI DEVELOPMENT CarMax 2024 Q1 7.1 5.7 3.6 2023 Q1 2.3 2.0 2.9 YOY 313% 288% 127% Increased demand for Benefiting from Recognized gain on assetautomotive products Growth increased in
Slide 11: 2024 Operation highlight
2024 Operation highlight
Slide 12: 2024 Trend/Outlook
2024 Trend/Outlook .Global Geopolitical Risks .The direction of the central bank's monetary policy is uncertain .The backlog of orders due to the shortage of vehicles caused by the covid has been resolved Estimated Taiwan car market .The policy of replacing old with new continues. .The domestic cons
Slide 13: 2024 Sales Target
Year Sales Target - Year Sales Target The total of the group Market share cars 170,000 units 37.8% ◆ TOYOTA 136,500 units ◆ Lexus 26.500 units ◆ HINO 7,000 units
Slide 14: 2024 results for TOYOTA & LEXUS
2024 results for TOYOTA & LEXUS Y2024 YOY/ Y2024 YOY/ May Difference Jan.~May. Difference TOYOTA 10,495台 105.6% 49,778台 98.6% LEXUS 2,501 台 83.0% 12,527 台 89.8% TOTAL 12,996 台 100.4% 62,305 台 96.7% Market 31.3% -0.8% 32.6% -0.9% Share
Slide 15: TOYOTA, LEXUS, HINO, MaaS, Corporate sustainable development
◆ TOYOTA ◆ LEXUS ◆ HINO ◆ MaaS ◆ Corporate sustainable development.
Slide 16: TOYOTA: Camry extensive overhaul (July)
不含 HIACE / GRANVIA / COASTER TOYOTA (vehicles / Light commercial vehicles) CAMRY extensive overhaul (July) Brand new interior and exterior design.
Slide 17: TOYOTA: GR Yaris minor update (Q4)
不含 HIACE / GRANVIA / COASTER TOYOTA (vehicles / Light commercial vehicles) GR YARIS minor update (Q4) Power upgraded again. Introduction of a new 8-speed automatic transmission. All- new driver-oriented cockpit
Slide 18: LEXUS LBX newly introduced
LEXUS LBX "Newly introduced ( 1 / 17 )
Slide 19: LEXUS UX 300h launched
LEXUS UX 300h all nrw launched (2/16)
Slide 20: LEXUS NX Overtrail launched
LEXUS NX 350 Overtrail all nrw launched (4/2)
Slide 21: HINO performance enhancements
HINO HINO車系 TOYOTA HIACE/GRANVIA/COASTER/H2 CITY GOLD Performance enhancements meet diverse needs. Coaster福祉車 救護車 Granvia 福祉車 露營車
Slide 22: HINO new locations and mobile service stations
HINO HINO車系 TOYOTA HIACE/GRANVIA/COASTER/H2 CITY GOLD "New locations and mobile 桃園廠改建 北BP service 擴展 stations." 北新竹 台中龍井+中BP 嘉義廠改建 北台南 2024 土城 新竹 +3 個 南投
Slide 23: MaaS
MaaS • App downloads surpass expectations 共享汽機車 計程車 • Deepening the mobile services across the group, using the ‘Chic trip' platform to build 去趣 the MaaS (Mobility as a Service) ecosystem 門市租車/專車接送 HOTAI購-旅遊館 • Introducing flight/accommodation search and booking functionality to meet various travel
Slide 24: Corporate sustainable development: Mobile Philanthropy
Corporate sustainable development Mass Production of Happiness: Mobile Philanthropy Through our core business, Yoxi transportation 新北 services, we address transportation barriers for vulnerable groups. We have collaborated with four city and county governments across Taiwan, and in 台中 2023, we also
Slide 25: Corporate sustainable development: Dream Team Indigenous Choir
Corporate sustainable development Dream Team Indigenou Sponsorship for the third year to the Chia Hsing Elementary School in Chien Hsin Township, Hsinchu County, and the Taoshan Elementary School in Wufeng Township, Hsinchu County, Choir. Performance stage/ Career experience/Participation in interna
Slide 26: Corporate sustainable development: Wildlife Conservation Program
Corporate sustainable development Wildlife Conservation Program "In 2024, we will continue to deepen our efforts in local Formosan Leopard Cat conservation actions, safeguarding Taiwan's precious population of fewer than 500 individuals, and expanding the connection between our core business and con
Slide 27: Q&A
Hotai Motor — Investor conference invited by Taishin Securities (June 2024) on 6ix