Thinking Electronic Industrial Co., Ltd. · TWSE:2428
Thinking Electronic Industrial — Q1 2020 Earnings Presentation
21 slides from Thinking Electronic Industrial's earnings presentation, 2020
Slide 1: Legal Person Briefing Session 2020 Q1
THINKING ELECTRONIC INDUSTRIAL CO., LTD. LEGAL PERSON BRIEFING SESSION 2020 Q1
Slide 2: Disclaimer
Disclaimer This presentation is prepared according to information available at the time the presentation was made. Financial or other related information may contain forward-looking statements about the company and its subsidiaries. The information is subject to significant risks and uncertainties,
Slide 3: Index
Index Company Competitive Introduction Strength Major Operation Markets Overview 3
Slide 4: Company Introduction
Company Introduction Established in 1979 as a protective component manufacturer Owns 7 factories and 3800 employees. 2019 Revenue: NTD 5814 million THINKING Factories East South China China Taiwan Dongguan Factory Kaohsiung 2nd Factory Changzhou Factory Central China Kaohsiung 1st Factory Yilan Fact
Slide 5: THINKING Products
THINKING Products Over-Voltage Protection General Primary ESD TVS Diode Spark Gap Protection Protection Protection Protector Over-Current Protection NTC ICL Ceramic PTC Polymer PTC Thermistor Thermistor Over-Temperature Protection NTC Ceramic PTC Temperature Thermistor Thermistor Sensor 5
Slide 6: Milestone
Milestone Preparation of establishing Kaohsiung 3rd Factory began 2019 2018 Spark Gap Protector business began Kaohsiung 2nd Factory was established 2016 TVS Diode business began Jingdezhen Factory was established 2014 2010 Gas Discharge Tube business began 2008 ESD Protector business began Yichang
Slide 7: Index
Index Company Competitive Introduction Strength Major Operation Markets Overview 7
Slide 8: Major Markets
Major Markets Information and 46% Communication Technology Power Supply Computer Consumer Telecom Electronics Home Appliances and 21% Lighting Home Appliances Lighting Automotive and 17% Industrial Industrial Automotive Medical and 16% Others Other Medical applications Distributor 8
Slide 9: Major Markets
Major Markets Information and 46% Communication Technology Power Supply Computer Consumer Telecom Electronics Home Appliances and 21% Lighting Home Appliances Lighting Automotive and 17% Industrial Industrial Automotive Medical and 16% Others Other Medical applications Distributor 9
Slide 10: Index
Index Company Competitive Introduction Strength Major Operation Markets Overview 10
Slide 11: Core Technology
Core Technology THINKING controls from material to production to ensure product quality. Material Front-end Back-end Development Processing Product Design Processing ● Material design ● Laminating & ● SMD type product ● Packaging & stacking design assembly ● Material processing ● Printing ● Lead typ
Slide 12: UL and TUV Certified Laboratory
UL and TUV Certified Laboratory Reliability laboratories of THINKING passed the CTDP (Client Test Data Program) of UL and witness testing qualification of TUV. Therefore, THINKING can offer product verification services. 12
Slide 13: R&D Capability
R&D Capability THINKING lab is awarded by provincial governments Engineering Technology Research Center High and New Technology Enterprise Yearly Total of Granted Patents 13
Slide 14: Technical Support
Technical Support THINKING AE team Technical Consultation provides comprehensive Circuit Design Assistance technical support Product Selection Suggestion Product Test Service Application Example 14
Slide 15: Index
Index Company Competitive Introduction Strength Major Operation Markets Overview 15
Slide 16: Operation Overview: Yearly Consolidated Income Statement
Operation Overview: Yearly Consolidated Income Statement Unit: Thousand NTD Item 2019Q1 2019Q4 2020Q1 QoQ YoY Net sales 1,404,060 1,522,209 1,095,742 -28.0% -22.0% Gross profit 549,327 635,191 424,421 -33.2% -22.7% Gross profit margin 39.1% 41.7% 38.7% -3.0% -0.4% Operating expenses 208,962 238,442
Slide 17: Operation Overview: Consolidated Balance Sheets
Operation Overview: Consolidated Balance Sheets Unit: Thousand NTD Item 2019.3.31 2019.12.31 2020.3.31 % QoQ YoY Cash and cash equivalent 1,887,674 1,774,594 1,903,159 21% 7.2% 0.8% Account receivable 1,969,186 2,046,553 1,728,076 19% -15.6% -12.2% Inventories 933,911 822,298 811,597 9% -1.3% -13.1%
Slide 18: Operation Overview: Analysis of Financial Ratios
Operation Overview: Analysis of Financial Ratios Item 2019.3.31 2019.12.31 2020.3.31 QoQ YoY Debt Ratio 25.87% 25.54% 24.68% -0.86% -1.19% Current Ratio 452.45% 483.59% 528.79% 45.20% 76.34% Turnover ratio 2.77 2.82 2.32 -0.50 -0.45 Account (times) receivable Average collection 131.76 129.43 157.32
Slide 19: Operation Overview: Revenue and EPS of Recent Years
Operation Overview: Revenue and EPS of Recent Years 19
Slide 20: Q&A Thank You!
Q&A Thank You！
Slide 21: Thank You!
THANK YOU! 12F, No.93, Dashun 1st Rd., Zuoying Dist., Kaohsiung City, Taiwan Tel: (07)5577660 Fax: (07)5570560 Email: thinking@thinking.com.tw Official Website: www.thinking.com.tw 21
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