Coremax Corporation · TWSE:4739
Coremax — 2021 Investor Conference (invited by Grand Fortune Securities)
13 slides from Coremax's conference presentation, Jun 24, 2021
Slide 1: 2021 Investor Conference
Invited by Grand Fortune Securities Coremax Corporation 2021 Investor Conference Reporter：Deputy Manager of Finance Department/Deputy Spokesperson Lupo, Lu IATF 16949 Date：June 24 , 2021 ISO 9001 ISO 14001 ISO 45001 ISO 50001 Certified
Slide 2: Safe Harbor Notice
Safe Harbor Notice The presentation and discussion is explanation of historical financial statements and operating results. This document is not and cannot be construed as an offer to purchase or sell securities or other financial products or solicitation of an offer. Strictly Confidential
Slide 3: Agenda
Agenda Group Structure Financial Results Operation Report Q&A Strictly Confidential
Slide 4: Group Structure
Group Structure Zhuhai, China - 2001 Founded in June 16 , 1992 Jiangxi, China - 2000 Ningbo, China - 2004 Capital NTD1,030 million Zhangzhou, China - 2011 Employee : 413 Persons Head Office 11 Wenhua Rd., Hsinchu Industrial Park 歐洲 Main Products 北美洲 亞洲 ● ● ● ● ● Catalyst Battery Rayong, Th
Slide 5: Group Structure
Group Structure • Catalyst • Specialty chemicals • Chemical Fertilizers －Oxalic acid • Specialty chemicals • Battery Materials • Battery Materials－ －Electronic Grade • Advanced materials Cobalt Sulfate Sulfuric Acid URANUS CHEMICALS CO., HENG I CoreMax LTD CHEMICAL Electronics grade sulfuric acid in
Slide 6: Financial Results
Financial Results Unit：NT$ thousand Item 2021Q1 2020Q4 2020Q1 Q1oQ4 YoY • IS Sales Revenue 1,693,130 1,266,480 1,358,016 34% 25% Gross Profit 214,423 135,626 77,720 58% 176% Gross Margin 13% 11% 6% 2% 7% Operating Expenses 100,271 70,980 66,255 41% 51% Net operating income 114,152 64,646 11,465 77%
Slide 7: Financial Results
Financial Results Unit：NT$ thousand Item 2021.Q1 % 2020.Q4 % 2020.Q1 % YoY • BS Cash and cash equivalents Notes receivable, Accounts receivable 1,340,257 743,084 16% 9% 705,820 621,491 10% 9% 961,604 683,711 13% 9% 39% 9% Inventories 1,357,778 16% 1,055,685 15% 1,207,725 17% 12% Other current assets
Slide 8: Financial Results
Financial Results Unit：NT$ thousand Item 2021Q1 2020Q1 YoY • CF Net cash flows from operating activities (147,500) 21,723 -779% Depreciation 70,888 66,148 7% Inventories (295,093) 227,676 -230% Other non-current assets 76,705 (272,101) -128% Net cash flows from investing activities (244,003) (232,76
Slide 9: Operation Report
Operation Report Unit：NT$ thousand • Revenue by Product 2021Q1 Others in Pie Specialty 5% Chemicals Catalyst 15% 13% Catalyst 2020Q1 Chemical Power Battery Fertilizer Chemical Others Catalyst 8% Fertilizer Specialty 6% 14% Specialty Chemicals Chemicals 15% Others Power Battery 59% Chemical Fertilize
Slide 10: Operation Report
Operation Report • Revenue by Product Catalyst Power Battery in Portion YoY, QoQ YoY : 32.62% QoQ : 40.81% YoY : 11.02% QoQ : -19.04% 25% 65% 20% 60% 21% 59% 15% 55% 14% 13% 50% 10% 50% 45% 5% 47% 0% 40% 2020Q1 2020Q4 2021Q1 2020Q1 2020Q4 2021Q1 Chemical Fertilizer Specialty Chemicals YoY : -49.42%
Slide 11: Operation Report
Operation Report • Key Gross margin Operating Margin Financial 250,000 13% 14% 120,000 8% 7% 7% Index 200,000 12% 10% 100,000 6% 80,000 5% 150,000 8% 60,000 4% 6% 6% 100,000 6% 3% 40,000 2% 4% 1% 2% 50,000 20,000 2% 1% 0 0% 0 0% 2019Q1 2020Q1 2021Q1 2019Q1 2020Q1 2021Q1 EPS Net Margin 1.20 120,000 6
Slide 12: Operation Report: Y2021 Outlook
Operation Report • Y2021 Outlook • Catalyst • Battery Materials • Chemical Fertilizers • Specialty Chemicals Strictly Confidential
Slide 13: Q&A
Coremax Corporation Q&A Strictly Confidential
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