Feng Tay Enterprise Co., Ltd. · TWSE:9910
Feng Tay Enterprise — Feng Tay Enterprises — Q3 2024 Earnings Presentation
11 slides from Feng Tay Enterprise's earnings presentation, Nov 20, 2024
Slide 1: Feng Tay Enterprises Co., Ltd. Operating Information
Feng Tay Enterprises Co., Ltd. Operating Information November 20, 2024 1 Feng Tay Enterprises Co., Ltd. Operating Information
Slide 2: About Feng Tay Group
About Feng Tay Group • Founded in 1971. • Capital: NTD 9,875 millions. • Main Business: Shoes Manufacture and Sales • Group Headquarters: Yunlin Science and Industrial Park in Taiwan. • Capacity: China(9%) , Indonesia(14%) , Vietnam(48%) and India(29%). • Total Number of Employees: around 136,000. 2
Slide 3: Agenda
Agenda • Financial Highlights – 2024/3Q • Consolidated Statements of Comprehensive Income – 2024/3Q • Consolidated Statements of Comprehensive Income – 2024/1~3Q • Consolidated Balance Sheets – 2024.9.30 • Consolidated Statements of Cash Flows – 2024/1~3Q • Consolidated Revenue & Profit Attributable
Slide 4: Financial Highlights – 2024/3Q
Financial Highlights – 2024/3Q NT$ in millions (unless otherwise noted ) 3Q/’24 2Q/’24 3Q/’23 QoQ YoY Consolidated Operating Revenue 22,719 22,267 23,073 +2% -2% Consolidated Operating Gross Margin 24% 23% 22% +1ppt +2ppt Consolidated Operating Expenses Margin 14% 14% 13% - +1ppt Consolidated Operat
Slide 5: Statements of Comprehensive Income – 2024/3Q
Consolidated Statements of Comprehensive Income – 2024/3Q NT$ in millions (unless otherwise noted ) 3Q/’24 2Q/’24 3Q/’23 QoQ YoY Revenue 22,719 22,267 23,073 +2% -2% Gross Profit 5,380 5,094 4,993 +6% +8% Operating Expenses -3,135 -3,089 -3,044 +1% +3% Operating Profit 2,245 2,005 1,949 +12% +15% No
Slide 6: Statements of Comprehensive Income – 2024/1-3Q
Consolidated Statements of Comprehensive Income – 2024/1-3Q ( In NT millions except otherwise noted ) 1-3Q 2024 1-3Q 2023 YoY Amount % Amount % % Revenue 65,602 100 63,232 100 +4% Gross Profit 14,795 23 12,534 20 +18% Operating Expenses -9,204 -14 -8,245 -13 +12% Operating Profit 5,591 9 4,289 7 +30
Slide 7: Consolidated Balance Sheets – 2024.9.30
Consolidated Balance Sheets – 2024.9.30 NT$ in millions (unless otherwise noted ) 2024.9.30 2023.12.31 2023.9.30 Amount % Amount % Amount % Cash 3,309 6% 3,859 8% 4,835 9% Accounts Receivable 8,623 17% 8,139 16% 8,217 16% Inventory 9,073 18% 8,578 17% 9,040 17% Long-Term Investment 1,233 2% 1,080 2%
Slide 8: Statements of Cash Flows – 2024/1~3Q
Consolidated Statements of Cash Flows – 2024/1~3Q NT$ in millions (unless otherwise noted ) 2024 2023 2022 2021 1/1~9/30 (restatement) Beginning Balance 3,859 5,573 4,863* 4,717 Cash from Operating Activities 4,596 7,300 16,304 1,755 Capital Expenditures (2,241) (4,141) (4,531) (3,403) Cash Dividend
Slide 9: Consolidated Revenue & Profit Attributable to Owners of Parent
( NT$M) Consolidated Revenue 100,000 95,903 90,000 85,767 80,000 73,930 70,350 72,661* 68,960 70,000 64,498 55,804 58,122 58,633 60,000 47,654 50,000 38,148 40,000 30,000 20,000 10,000 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1~10 ( NT$M ) Profit Attributable to Owners of Parent
Slide 10: Earnings Per Share
(NT$) Earnings Per Share **** 1.2 1.0 0.82 0.8 0.66 0.65 0.6 0.46 0.44 0.48 0.55 0.47 0.54 0.55 0.51 0.50 * 0.50 0.40 0.38 0.39 0.38 0.41 0.38 0.4 0.34 0.26 0.26 0.29 0.2 0.04 0.0 YY/MM * unaudited consolidated earnings Year / Quarter 1Q 2Q 3Q 4Q 2024 1.29 1.60 1.45 2023 0.76 1.21 1.71 1.36 2022 2.3
Slide 11: Q&A
Q&A 11 Feng Tay Enterprises Co., Ltd. Operating Information