Apex International Co., Ltd. · TWSE:4927
Apex International — Investor Presentation (November 2018)
20 slides from Apex International's investor presentation, Nov 19, 2018
Slide 1: Apex Circuit (Thailand) Co., Ltd
Company Presentation Date: 19th Nov 2018 Apex Circuit (Thailand) Co., Ltd Apex International Co., Ltd Stock Code : 4927 1
Slide 2: Outlines
Outlines： • Operating Performance (2017- 1 >2018) • Business Situation (2018->2019) 2 • Prospects (Capital Expenditure) 3 4 • Video (SEA, ASEAN) 2
Slide 3: Revenue, costs and net income summary
K Baht Revenue Material Cost Manufacturing Cost Gross Margin Operating Expense NI (K Baht) NI (K TWD) Issued shares 145 M shares 145 M shares 152 M shares 149 M shares 3
Slide 4: Revenue, material and manufacturing cost
K Baht Revenue Material Cost Manufacturing Cost Gross Margin Operating Expense NI (K Baht) Scrap 4
Slide 5: Q3 YOY (2017 vs 2018)
CONFIDENTIAL Q3 YOY (2017 vs 2018) 2018/11/19 Jul Aug Sep Q3 2017. «2018 = Delta’ | 2017 = 2018 ~| Delta | 2017 2018 ~~ Delia | 2017 2018 | Delta Baht Revenue 1,157M 1,196M 39M | 1,109M 1,280M 171M | 1,055M 1,013M (42M) | 3,321M 3,489M 168M ASP 669%k G645HK (243k) | G62%K 633K (295k) | G48Sk 6328k (
Slide 6: Manufacturing cost breakdown 2017 vs 2018
CONFIDENTIAL 2017 2018 2017 2018 2017 2018 2018/11/19 2017 2018 DL 94M 8.1% \va.cat |) xem 19.7% lrixcar |] 200m 175% Depreciation | S4M 4.6% [id.cox | 578M 49.9% 101M 207M 187M 55M 550M 9.1% 18.7% 16.9% 5.0% 49.7% 95M 8.5% 238M = 21.5% 204M 18.4% S4M 4.9% S9IM 53.3% 101M 8.8% 226M = 19.8% 193M 16.9
Slide 7: 2018/11/19
2018/11/19
Slide 8: Why Staying With Apex?
Why Staying With Apex ? Prepared by : HR Issued by 2018/09/15 2018/11/19 WHY ee ‘Apex 1 55.1% 30.6% 6.9% 6.9% ractory [oo aR Pa aa Male 51.6% 29.2% 11.6% 7.6% Gender Female 56.6% 29.4% 39% 52% 0-3 Month 50.9% 32.6% 11.1% 5.4% Year for 4 Month - 1 Year 57.7% 29.0% 8.7% 4.6% services 2-3 Years 56.1% 2
Slide 9: Revenue By Quarter
Revenue B arte = ef] Qi Q2 Q3 Ot Y2018 Y2019 wo
Slide 10: Revenue By Territory
Revenue By Territory Revenue Y2018 Budget Y2019 +6.5%▲ +17.3%▲ +5.6%▲ +4.3%▲ 10
Slide 11: Layer Count
Layer Count Y2018 Y2019 1L/2L, 19% 10L, 0% 41, 58% 8L, 9% 14%
Slide 12: ASP by Quarter
ASP by Quarter Apex 1 +2% ▲ Apex 1 + 2 +4% ▲ Apex 2 +7% ▲ 12
Slide 13: Application
Application 2018 2019 5G PC Auto 13
Slide 14: Apex 2 expansion plan
Apex 2 expansion plan 370 M 314 M Annual demand of global PCB is 1.5 trillion TWD, multilayer 500 billion TWD (33%). Apex annual revenue is 1 billion, only 2% Land size of Apex 2 = 104,000 M2 Phase I= 18,095 M2 ; 111M (L) x 163M (W), 220k sqm per month (6.5 Billion Baht by full run) Phase II
Slide 15: Automotive PCB
Automotive PCB (2018, October) SSB/DSB and 4-16layers amounted 73% of demand of auto boards 15
Slide 16: In-House Testing Lab
In-House Testing Lab • Budget 100M Baht, 1-year construction • Focus on reliability and product funtion • Clarify problems and resolve it effectively through internal control 16
Slide 17: Proven Capability, World-Class PCB Partner
Proven Capability World-Class PCB Partner World No.1 World No.2 World No.1 Awards Samsung VD Cal-Comp(Technicolor) & Canon Hi-Tech Best Supplier / Member Club Awards in Foxconn (Pace) Best Quality System 2018 Best supplier Award for 2017 Awards for 2017 17
Slide 18: Objectives & Culture
Objectives & Culture Operation Objectives and Culture Corporate Culture Operation Goal 企業文化 經營目標 Approach + Excellence = APEX Shareholders Passion 股東 熱情 Happy Interests 快樂 All-Win 利益 共贏 Management Employee Employee Care Discipline 關愛 紀律 Team 基層員工 管理團隊 Customers 客戶 All-win 共贏 Suppliers APEX 廠商 公司 18
Slide 19: Apex's Identities
Apex’s Identities SémsuSmssamsenunsnnuola 2 au Ao Hard power iia: Soft power. BHAA AT LT AANA. 1) Hard power (21S :Teach & Train) FlomspSobbrfn:menqaooJrym vunnms:n dorhmuauoo WI GounSoll veewdnorulaufcRownsoly Grower Eee oe abiseamse soutor ua, wooiduodrodusanswa, nlarSoly 38msfiqnaootiorDnuno uae
Slide 20: Thank You
Thank You 20
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