E Ink Holdings Inc · TPEX:8069
E Ink — Q4 2019 Earnings Presentation
13 slides from E Ink's earnings presentation, March 2020
Slide 1: NEIGHBORHOOD NEWS FEED
NEIGHBORHOOD NEWS FEED SOMERVILLE, THURSDAY MARCH 1271, 2020 Bw 1 EVENTS === Semin) morning — etebing rains pig CURTSY 2 as ¥ CITY OF yn SOMERVILLE ~~ COVID-19 UPDATES Update: Schools, Ubraries, and Related Activities ta Close {through the Weekend
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation that are not strictly historical, including the statements regarding the market, economy, the Company's ePaper and other business, the Company’s future product launches, the Company's positioning and expectations for 2020 and future periods, and
Slide 3: Q4 Results
Q4 Results Revenue Gross Profit% Operating Profit Highest Gross Profit% Ever 3,433 48.0% 271 • Revenue declined in E Ink NTD, Million NTD, Million module sales -8% -6% +1.4% +2.6% -37% -4% YoY QoQ YoY QoQ YoY QoQ • Gross Profit% highest ever • Operating Profit kept Non-Op Income Net Income EPS compa
Slide 4: 2019 Accomplishment
2019 Accomplishment TM TM Print Color ACeP JustWrite Wirelessly Powered Protection Sheet TCON T1000 ePaper Display 3
Slide 5: CSR Contribution Recognitions and Corp Recognitions
CSR Contribution Recognitions and Corp Recognitions Corporate Comprehensive 5th Taiwan Mittelstand Award, Top 1 company purchased Performance - Industrial Development Bureau, renewable energy in Taiwan Top 50 Sustainable Ministry of Economic Affairs Corporates 4
Slide 6: Financial Results
Financial Results NTD, Million 2019 2018 Revenue -4% Decline in E Ink module sales Revenue 13,602 14,209 Growth in E Ink materials sales Gross Profit 6,039 5,930 Gross Profit% +2.7% Gross Profit% 44.4% 41.7% Highest ever, change in product portfolio mix and cost reduction OPEX 5,479 5,473 R&D Expens
Slide 7: Gross Profit Trend
Gross Profit Trend Improved Gross Profit% • Growth in materials sales and decline in module sales, part of overall strategy to expand more module partners • Cost Reduction Continuous supply chain efficiency and manufacturing cost improvements • Gross Profit% highest ever 6
Slide 8: Operating Profit Migration
Operating Profit Migration NTD, Million Increased Operating Profit 560 457 • E Ink Material sales increase offset sales decline in module + - sales • Automation and Cost - + Reduction offset one-shot (voting machine) project Improvements on supply chain & Operating Module One-shot Materials Operatio
Slide 9: Continue R&D Investment
Continue R&D Investment Continue Investment into Research and Development Color • Material Side Improve color saturation, speed, lower power and wider temp range to expand other applications, such as automotive and industrial • Display Module Side Flexible displays to foldable displays to improve va
Slide 10: Financial Position Migration
Financial Position Migration Increased Cash and Financial Assets Increased Debt Ratio for Operating Needs NTD, Billion Debt Ratio 29.2% 23.3% Other Book Value Per Share (NTD) Assets 26 24 25.8 24.8 Cash and Financial 15 Assets 13 2018 2019 2018 2019 9
Slide 11: COVID-19 Impact, Watching Closely and Carefully
COVID-19 Impact, Watching Closely and Carefully • Potential late delivery due to labor shortage Module Capacity at China Factory on specific materials, such as touch panel Supply • Expect resume most of module capacity by the end of March Capacity Target • Slight demand uptick in 1st half Resume 80-
Slide 12: COVID-19, Business Opportunities
COVID-19, Business Opportunities eLearning Information Board Grocery Retail • Home schooling • Real time update for A catalyst for speeding up • Online learning emerging trusted massages installation after the epidemic • Distance learning • Off-grid • Easy installation • Easy on The Eyes – No back l
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