Avision Inc. · TWSE:2380
Avision — 2022 Investor Conference
28 slides from Avision's conference presentation, Dec 16, 2022
Slide 1: 2022 Investor Conference
Stock Code:2380 2022 Investor Conference 2022.12.16 1
Slide 2: Disclaimer
Disclaimer ◆ This briefing and the simultaneous release of relevant information are based on prospect information obtained both internally and externally from the company including operating prospects, financial status and business forecasts. ◆ The actual operational, financial and business prospect
Slide 3: Company Profile
COMPANY PROFILE • Foundation April, 1991 • Capital NT$1,894 Million(US$67.5M) • Number of employees Taiwan / 380 China/ 700 • IPO December, 1998 • ISO-9001 September, 1993 certificated • ISO-14001 January, 2000 certificated • ISO-13485 November, 2012 certificated Avision Inc. (headquarter) Taiwan Av
Slide 4: Avision (Suzhou) Profile
Avision(SUZHO) PROFILE • Established December 1999 • Capital USD4,100M • Employee 700 • Location – Fab I: No.9, Suhong West Road, Suzhou Industrial Park, Jiangsu Province – Fab II: No.9, Yangtai Road, Suzhou Industrial Park, Jiangsu Province – Fab III: YICHUN AVISION Co., Ltd Avision Suzhou is a hig
Slide 5: R&D Organizational Chart
R&D Organizational Chart 5
Slide 6: R&D Group 1 and R&D Group 2
R&D Group 1 Firmware O. Mechanical Software Hardware Network System Test Team System Develop ASIC Develop. Develop. R&D Group 2 EP Develop. Mechanical 1 Mechanical 2 Firmware Software Hardware 6
Slide 7: Internationally Recognized Expertise
Internationally Recognized Expertise Avision has obtained 1,206 patents and 721 innovation patents, and has184 patents on pending list. 7
Slide 8: Products and Market
Products and Market 8
Slide 9: Avision Scanner Roadmap
Avision Scanner Roadmap Speed (PPM) 80 AD 260U / 280U (CCD) BW: 70/80ppm AD8120 (CCD) High Value Scanner Color: 60/80ppm BW: 120ppm/240ipm 60 For SI / Tender LED light Color: 120ppm/240ipm Consumer Product Reverse roller LED (light Bar) Powerful new ASIC(USB 3.0) 55 For retail channel / A3 Size, Ult
Slide 10: MFP & Printer Development
MFP & Printer Development 10
Slide 11: Development history of copier/printer
Development history of copier/printer An electronic image was first created in 1938 by an American – Chester Carlson . The first business copier (Model A) was introduced by Xerox in 1949 The first laser printer was developed in 1969 by a Xerox engineer. The first desktop laser printer was in
Slide 12: Avision SFP/MFP OEM History
Avision SFP/MFP OEM History OA4800 AM3000 AM7000 20 PPM 20 PPM 2024/E Printer Engine A3/28 PPM Development started 1993 1997 2002 2004 2005 2006 2010 2019 L-company AM6120 28 PPM 20 PPM AV100 II DS300/DS310F K-company K-company AM7850 1 PPM 7 PPM 20 PPM 20 PPM 50 PPM
Slide 13: The Core Technology of Avision Printer
The Core Technology of Avision Printer ⚫ Printer Core Chip developed by Avision VM1 VM2 VM3(NP115) VM4 Completed: 2006-04 Completed :2013-06 Completed :2018-02 2022-04 Low cost ⚫ ChipVM3(NP115) Characteristic ⚫ 1. Highly integrated system chip: specially designed for black and white, color printer,
Slide 14: Printer Structure
Printer Structure Printer Engine：Image developing, Image forming, Fuser, Printer Engine Paper Movement and other Paper Tray mechanical components Control System：A SoC chip Chip + circuit board to control the circuits, firmware + firmware + driver and driver 14
Slide 15: Avision Printer Core Technology -2
Avision Printer Core technology -2 LED (Light Emitting Diode) Printer Head(LPH) Key Parts of Color Printer Small size, does not occupy machine space High-quality printing and imaging LPH is more efficient and consumes less power than traditional LSU No motor and polygon mirror moving par
Slide 16: LPH vs LSU
LPH vs LSU 16
Slide 17: Can Avision printers gain a foothold in the market?
Can Avision printers gain a foothold in the market? What are Avision’s comparativeness when facing the reknown printer makers such as Canon, Ricoh, KMBT, Xerox , HP , and Brother？ - Avision's self-developed printer control chip can not only improve product differentiation, such as intelligent copy
Slide 18: The Market Scale of Domestic Printer in China
The Market Scale of Domestic Printer in China In 2020, the sales volume of A4 mono printers in China will be 8.8 million units. According to market experience, 1/4 of them could be purchased by the Communist party, government, military and state-owned enterprises. This means the market size of A4
Slide 19: Avision Competitors in China
Avision Competitors in China China Makers： Ninestar, the company started by manufacturing and selling printer compatible consumables. In 2016, it raised US$4 billion to acquire the Lexmark Printer Company of the United States. However, the company only has the ability to develop A4 printers and
Slide 20: Highlight of Avision Printer in China
Highlight of Avision Printer in China Chip development and design - leader LPH development and manufacturing – leader A4 Printer Engine development and manufacturing – comparative with Lexmark A3 Printer Engine development and manufacturing - leader Toner Cartridge developing technology –
Slide 21: Avision Printer Business Plan
Avision Printer Business Plan Become a professional ODM/OEM company through technical cooperation with customers in China. Develop a business model that provides free maintenance and consumables, such as leasing, one-time payment with full guarantee, etc., to meet the printing/copying requiremen
Slide 22: Avision SFP/MFP Roadmap
Avision SFP/MFP Roadmap AM7850i Intelligence AM7860i A3 / 50cpm Intelligence AM7645/50 A3 / 60cpm AM7630/40i Intelligence X2030: Intelligence A3 45/50ppm Self-help copier A3 40/30ppm AP510 A3 / 51ppm Color printer Twin color A4/25ppm Mice II Rabbit III AP30 AM30A 26 ppm A4 33cpm A4 A4/40ppm 30ppm A4
Slide 23: Consolidated Statements of Operations
Consolidated Statements of Operations 23
Slide 24: Income Statement For the Nine Months Ended September 30, 2022 and 2020
Income Statement For the Nine Months Ended September 30, 2021 and 2020 In Thousands of New Taiwan Dollars Sales Revenue 2,828,116 1,835,372 54% COGS (2,224,378) (1,509,281) -47% Gross Profit 603,738 326,091 85% Operating Expenses (730,449) (689,350) -6% Operating Income(Loss) (126,711) (363,259) 65%
Slide 25: Income Statement For the Three Months Ended September 30, 2022 and 2021
~ Income Statement For the Three Months Ended September 30, 2022 and 2021 In Thousands of New Taiwan Dollars Sales Revenue 872,368 661,984 32% COGS (631,697) (530,236) -19% Gross Profit 240,671 131,748 83% Operating Expenses (196,123) (192,979) -2% Operating Income(Loss) 44,548 (61,231) 173% Non-OP
Slide 26: Income Statement For the Nine Months Ended September 30, 2021 and 2020
Income Statement For the Nine Months Ended September 30, 2022 and 2021 In Thousands of New Taiwan Dollars Sales Revenue 2,225,142 2,199,482 1% COGS (1,676,766) (1,722,672) 3% Gross Profit 548,376 476,810 15% Operating Expenses (557,370) (555,933) 0% Operating Income(Loss) (8,994) (79,123) 89% Non-OP
Slide 27: The Three-year Consolidated Revenue
The Three-year Consolidated Revenue Sales increases year by year. The growth for the nine months ended September 30 2022 is up to 32% from the prior-year period. The growth for the nine months ended September 30 2021 is up to 55% The growth of the Year 2020 is up 14% from 27 the year 2019.
Slide 28: Thank you!
Thank you! 28