Well Shin Technology Co., Ltd. · TWSE:3501
Well Shin Technology — Goldman Sachs - The Second Edition of EV Seminar (October 2017)
30 slides from Well Shin Technology's conference presentation, Oct 20, 2017
Slide 1: Well Shin Technology CO.,LTD
Well Shin Technology CO.,LTD • Goldman Sachs-The Second Edition of EV Seminar 0
Slide 2: Content of report
Content of report Company Introduction 1 Business Status 2 EV Market Prospect 3 Q&A 4 1
Slide 3: Safe Harbor Statement
Safe Harbor Statement This Presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and certainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as req
Slide 4: Company Profile
Company Profile Established Date：2002/9/3 Listing Date：2007/9/20 Capital：NT$1,182,579,270元 Chairman：Mr. Wu,Jui - Hsiung Plant：Chang Hwa(Taiwan)、Dong Guan(China) Kun Shan(China) Employee：About 4,000 Major Product：Power Cord & Power Related Product 3
Slide 5: Company history milestones
@) 5 n =F =) x= a or ° = < Zi = | Smartbears and JDB Brand Series established 2h ss | Dongguan Jiajia (Plugo Private Brand) established Ay) 5 | Well Shin Japan (9 LILY + NY) established 2177 >) Well Shin published in Taiwan Stock Market (TSM:3501) Avie) >) Conntek / Well Shin Electric Kunshan establ
Slide 6: Worldwide Location
ES) Worldwide Location Well Shin Technology Co., Ltd. Product: Professional Manufacturers of IoT Home Automation, EV Charger, AC/DC Power Charger, PVC/ Rubber/ Headquarter : Taipei, Factory: Factory: Factory: HF Wire, Wiring Harness, Taiwan Chang Hwa, Taiwan Dong Guan, China Kun Shan, China Metal Pa
Slide 7: Wide Variety of products
Wide Variety) Gustom|Design Quality & Service Electric Vehicle Connector AC/DC USB Charger IoT Home Automation CLA Locking Cord AC Power Cord Set Wiring Harness Hardware & Terminal PDU Power Distribution Units PVC/ Rubber/ HF Cable Power Adapter Transportation Connector www.wellshin.com.tw Socket We
Slide 8: Private Brand — Conntek
CS) Private Brand — Conntek Help you outpace competitors yi WS Conntek / WS N. America / International Headquarters A leader in the power connection field with the best products, solutions, efficiency and flexibility for you. RV Camp Power Marine Shore Power Construction Gen Power Hospital Med Power
Slide 9: EV Adapter, Coupler, Harness & Inlet
EV Adapter, Coupler, Harness & Inlet NEMA 14-50 NEMA 5-20 NEMA 6-15 NEMA 5-15 SAEJ1772 WS-420 WS-425 Wire Harness SAE J1772 EV Coupler SAE J1772 EV Inlet 8
Slide 10: Transportation Product
ES) Transportation Product RV Camp Power / Marine Shore Power / Towtall Trailer Power Camion Truck Power / Battery Wire / Booster Cable aa 2S) ®@ B oss @ © NEMA SS2-50P acai NEMA S$2-50R 2 XNEMA SS2-50R MASE RALER. Well Shin Copyright © 2017;
Slide 11: Private Brand — Plugo
ES) Private Brand — Plugo (Consumer Electronics - Traveling / LAN Control) Ez $ \ Plugo A brand in China & Taiwan retail markets. Plugo is designed to meet different purpose and situation during traveling and Travel Kit (AC Adapter) create awesome travel experiences. H hold Appli Products include: m
Slide 12: Private Brand — Smartbears (IoT Products)
ES) Private Brand — Smartbears (lol Products) SmartbearS Brilliant your home ‘SmartBears c | 8 ~~ mal s r = | — Smartbears is a Smart Home solution based on ee IoT (Internet of Things) technology. IoT Control : OUD BASED - (Q Surveillance & Control Center It is the most integrated smart home solutio
Slide 13: 2016 Production Category
2016生產產品類別 2016 Production Category 其他 Other, 插座、插頭、 3% 轉接頭組合類 Socket.Plug. Adapter, 16% 電源線組 Power Cord Sets, 81% 12
Slide 14: 2016 Revenues by Application
2016銷售產品類別 2016 Revenues by Application 通路貿易類 電腦類 PC, 3% 其他 Other, Agent & 1% 機電類 Trading, 12% Generator, 18% 3 C類 3C, 家電類 Home 29% Appliance, 37% 13
Slide 15: Revenues
營業收入 Revenues 單位：百萬新台幣 Unit:NT$Million 5,358 5,421 5,282 5,277 4,921 2012 2013 2014 2015 2016 14
Slide 16: Gross Profit
營業毛利 Gross Profit 單位：百萬新台幣 Unit :NT$Million & of Sales 1,579 1,425 1,296 1,208 1,186 32.08% 26.28% 24.53% 22.89% 22.13% 2012 2013 2014 2015 2016 15
Slide 17: Net Operating Income
營業利益 Net Operating Income 單位：百萬新台幣 838 Unit :NT$Million & of Sales 639 604 506 454 17.04% 11.79% 11.44% 9.59% 8.47% 2012 2013 2014 2015 2016 16
Slide 18: Quarterly Revenue
季度營業收入 Quarterly Revenue 單位：百萬新台幣 Unit :NT$Million 1,574 1,302 1,239 1,222 1,293 1,167 1,110 1,151 17
Slide 19: Quarterly Gross Profit
季度營業毛利 Quarterly Gross Profit 單位：百萬新台幣 Unit :NT$Million & of Sales 436 407 400 389 347 363 33.71% 36.04% 32.90% 33.29% 31.53% 28.39% 16Q1 16Q2 16Q3 16Q4 17Q1 17Q2 18
Slide 20: EPS and Cash Dividend
Cash Stock Payout Yield NT$ EPS Dividend Dividend Ratio Rate 2016 5.94 4.00 - 67.34% 7.46% 2015 6.32 4.00 - 63.29% 7.22% 2014 4.03 2.60 - 64.52% 6.42% 2013 4.25 3.00 - 70.59% 5.38% 2012 4.45 3.20 - 71.91% 6.10% 2011 4.07 3.00 - 73.71% 7.18% 2010 5.60 3.80 0.20 67.86% 8.29% 2009 5.08 3.50 0.20 68.90%
Slide 21: Global EV market evolution 2010-16
Global EV market evolution 2010-16 Source：Global EV Outlook 2017 China was by far the largest electric car market in 2016, with 336 thousand new electric cars registered. Electric car sales in China were more than double the amount in the United States. Six countries reached EV market shares of more
Slide 22: Global EVSE outlets 2010-16
Global EVSE outlets 2010-16 Source：Global EV Outlook 2017 The growth of publicly accessible chargers accompanies the increase in the number of electric cars on the road: the growth rate in the number of publicly accessible chargers in 2016 (72%) was higher. The Electric car is 6 times of publicly ch
Slide 23: Charging habits for a sample of Norwegian electric car users
Charging habits for a sample of Norwegian electric car users Source：Global EV Outlook 2017 Electric car owners charge their vehicles most frequently at home or at work. The third most frequent charging option is publicly accessible slow charging. Fast charging is not frequently used. 22
Slide 24: Global EV Charging Interface
Global EV Charging Interface North America Europe China Japan AC DC Source：ITRI 23
Slide 25: Global EVSE Specifications
Global EVSE Specifications Source：Global EV Outlook 2017 24
Slide 26: EVSE Type
EVSE Type Level1 Level2 Level3 25
Slide 27: Well Shin's EV Products
Well Shin’s EV Products SAE J1772 -Can be used for USA / Japan / Taiwan. - Approval : CNS (Taiwan), UL/C-UL (U.S.A.), KEMA(IEC CB report) certification. -Supply EV Charger to EVSE manufacturers for Automobile factory. IEC 62196 -KEMA approval. -Export to Europe market. GB/T 20234 -Cooperate with tie
Slide 28: Product Layout - EVSE
Product Layout - EVSE In-cable control box(Level 1) -Voltage：120/240VAC -Current： ≦16A -Indoor use, easy carry. -Power cord can be replaced according to customized. Wall-mounted EVSE(Level 2) -Voltage：240VAC -Current： ≦80A -Indoor or outdoor use. -Charging speed faster than level 1. 27
Slide 29: Well Shin's EV Product Roadmap
Well Shin’s EV Product Roadmap Charging connector - For Electric Scooters & Motorcycles development - Design 2nd generation EV charging connector EVSE -EVSE Level 1 & 2 development and application service Automotive accessory system power harness -Enhance product application, develop new model
Slide 30: Thank You
Thank You
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