Slide 1: SUN MAX TECH LIMITED 2019 3Q
Stock Code：6591 SUN MAX TECH LIMITED 2019 3Q 1
Slide 2: Disclaimer
Disclaimer The following pages contain projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but they involve risks and uncertaintie
Slide 3: Contents
Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 3
Slide 4: Contents
Contents Company Profile Major Products Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 4
Slide 5: Company Profile
Company Profile Established Date:Nov.28,2013 President：Vincent Hsu Paid in Capital：NT$263 mn Main Business：DC brushless cooling fan development, manufacturing and sales Highlights: Sun Max is the world's leading provider of gaming PC cooling fans with tailor-made and high efficient product
Slide 6: Company Profile
Company Profile 2019 Power Logic (Jiang Xi Tai Yi) CO.,LTD established 100% owned by Power Logic Holdings Inc. 2017/12/28 Power Logic Listed in TSE, Stock Code (6591) 2014 Power Logic (Tai Yi) Co., Ltd. Established- 100% owned by Power Logic Holdings Inc. 2013-SUN MAX TECH LIMITED(The Parent Company
Slide 7: Company Profile
Company Profile 動力科技/台灣 東莞動利/中國 東莞溙奕/中國 溙奕(江西)/中國 位置 Sun Max Tech Limited Dong Guan Dong Li Dian Zi Power Logic Tech.(TAIYI) Power Logic (Jiang Xi Tai Yi) Location (New Taipei City, CO., LTD CO.,LTD CO.,LTD Taiwan) (Dong Guan, China) (Dong Guan, China) (Jiang Xi, China) 照片 Photos http://www.sun-max.
Slide 8: Supply Chain of Cooling System
Supply Chain of Cooling System Major Clients include first-tier graphics card brands such as ASUS, MSI, Gigabyte, and EVGA. The product lines cover the majority of mid- to high-end pc cooling . All the products are self- developed with outstanding quality The total demand for mid-to high end gra
Slide 9: Major Products
Major Products Major Products: Cooling Fan for VGA card, power supply, computer cases, CPU cooler, and other customized products DC Fan for automotive (cooling or ventilation), industrial application (inverter and transformer cooling), home appliances, etc. http://www.sun-max.com.tw 9
Slide 10: Major Products (PC Related)
Major Products (PC Related) MSI X570 Creator PC Gigabyte Creator PC ASUS RTX2060s Super Fan Gigabyte RTX 2060 Fan MSI M.2 Fan (AERO 17 ) Fan EVGA RTX 2070 Fan MSI RTX2080 TI Fan Gigabyte ATC800 Fan Be quiet! Pure Base 500 Fan http://www.sun-max.com.tw 10
Slide 11: Major Products (Niche Market)
Major Products(Niche Market) Blueair JOY’S Air purifier Fan Coral One Sweeping Robot Fan Al Fan http://www.sun-max.com.tw 11
Slide 12: Product Mix (By Application)
Product Mix (By Application) Auto Industrial & 家電&工業電腦 Communication 2019 2016年度 Industrial & Communication 2018 Home 其他 2% Auto 6% 2% &通訊 6% 3% 1% 1-3Q Home 1-3Q 4% 9% PC PC 8% 7% 一般散熱風扇(DT) 22% 電競顯示卡(DT) 66% Gaming Gaming 83% 81% Gaming 電競顯示卡(DT) Gaming PC 一般散熱風扇(DT) PC Industrial & Home Industria
Slide 13: Contents
Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 13
Slide 14: 2019 Q3 Income Statement (QoQ)
2019 Q3 Income Statement(QoQ) Unit: NT$ Thousands/ NT$ (NT$ Thousands) 3Q 2019 % 2Q 2019 % QoQ (%) Total Revenue 356,283 100% 219,272 100% 62% Gross Profit 113,590 32% 31,304 14% 263% Operation Expenses 45,857 13% 44,839 20% 2% Operation Income 67,733 19% -13,535 -- -- Non-Op Income 11,228 3% 11,721
Slide 15: 2019 3Q Income Statement (YoY)
2019 3Q Income Statement(YoY) Unit: NT$ Thousands/ NT$ (NT$ Thousands) 3Q 2019 % 3Q 2018 % YoY(%) Total Revenue 356,283 100% 243,450 100% 46% Gross Profit 113,590 32% 35,860 15% 217% Operation Expenses 45,857 13% 35,881 15% 28% Operation Income 67,733 19% -21 -- -- Non-Op Income 11,228 3% 10,475 4%
Slide 16: Contents
Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 16
Slide 17: Vertical Integration
Vertical Integration Product Development Leading professional vendor in cooling fan manufacturing. To improve management of the cost , quality, lead time, Mold development Production and transportation, Sun Max highly integrated the order Vertical integration. All process in house production process
Slide 18: Automated Manufacturing
Automated Manufacturing http://www.sun-max.com.tw 18
Slide 19: Contents
Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 19
Slide 20: Gaming Industry Forecast
Gaming Industry Forecast 200.0 According to the latest 180.0 report form New Zoo, the 160.0 total spending in the 140.0 gaming industry is up to 120.0 100.0 $152.1bn contributed by 80.0 2.5 bn worldwide players in 60.0 2019, up 9.6% YoY. 40.0 And it is estimated that the 20.0 market scale will grow
Slide 21: GPU Industry Forecast
GPU Industry Forecast 1Q 2019 2Q 2019 AMD AMD 26.7% 32.1% NVIDIA NVIDIA 67.9% 73.3% NVIDIA AMD NVIDIA AMD The JPR data showed that the overall discrete GPU market was weak in 2Q 2019. AIB shipments down 16.6% QoQ and drop 39.7% YoY, which reflects the impact of excess GPU inventory after the crypto
Slide 22: VR Industry Forecast
VR Industry Forecast 2015-2018 2018-2023 2023-2030 Gaming (VR) Interaction( VR/AR) Commerce(VR/AR) VR Helmet AR/VR Housing, Shopping And Gaming PC 3D/4D Retail Industry eSports Interaction Tools Market Value(E) Market Value(E) Market Value(E) USD 8 billion USD 68 billion USD 600 billion Gartner Rese
Slide 23: Contents
Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 23
Slide 24: R&D Road Map (Niche Market)
R&D Road Map (Niche Market) Application 2017 2018 2019 2020 2021 2022 2023 Gaming AI Fan Home Appliances Server 5G Commun- ication Small Size, Low Mid-Large Size/High Power Power Mass Development Qualification Production http://www.sun-max.com.tw 24
Slide 25: R&D Road Map (Niche Market)
R&D Road Map (Niche Market) Application 2017 2018 2019 2020 2021 2022 2023 AVN Autos HVAC Sweeping Home Robot Air purifier Current Models New Models AVN: audio video navigation影音導航 HVAC: Heating, Ventilation and Air Development Mass Conditioning供熱通風與空氣調節 http://www.sun-max.com.tw Production 25
Slide 26: R&D Road Map (PC Related)
R&D Road Map (PC Related) Application 2017 2018 2019 2020 2021 2022 2023 VGA/CPU/ Gaming NB LED Gaming Current New Models Models http://www.sun-max.com.tw Development Mass Production 26
Slide 27: SUN MAX TECH LIMITED Thank You Very Much
Stock：6591 SUN MAX TECH LIMITED Thank You Very Much 27