Forward Electronics Co., Ltd. · TPEX:8085
Forward Electronics — Investor Conference 2023
22 slides from Forward Electronics's conference presentation, Nov 24, 2023
Slide 1: FORWARD Review 2023 Q3
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Slide 2: Safe Harbor Statement
Safe Harbor Statement •This presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ significantly from those contained in the forward-looking statements. The forward- looking statements should not be interpreted as legally binding co
Slide 3: Outline
Outline Company Overview Financial Overview -Consolidated P/L for Q3 2023 -Consolidated B/S for Q3 2023 -Financial Index Main Products & Application SWOT Analysis Q&A 3
Slide 4: Company Overview
Company Overview Headquarter：No. 393, Section 1, Zhongzheng Road, Sanxia District, New Taipei City, Taiwan Founded：August 31, 1970 OTC Listing (Code 8085)：March 1, 2004 Paid-in Capital：NT$ 1.39983 billion Number of Employees：Approx. 260 employees 4
Slide 5: Company Overview
Company Overview Forward Electronics was founded in 1970 and is headquartered in Taiwan. It is a company with integrated and professional R&D and manufacturing capabilities. From the company's inception period with TV tuners and precision electronic components as its main products, Forward has gradu
Slide 6: Global base
Global base Sanxia Headquarter Kaohsiung Plant Suzhou Wujiang Plant 6
Slide 7: Main Products & Application
Main Products & Application Precision Components Products Optoelectronic Products 7 Professional OEM/ODM
Slide 8: Precision Components Products
Precision Components Products Switch Encoder Sensor Potentiometer 8
Slide 9: Optoelectronic Products
Optoelectronic Products Backlight Module 5.8" Back light module 10.1" Back light module 14" Back light module 9
Slide 10: Professional OEM/ODM: SMT Production Line
SMT Production Line LY t = a4, i M Scheduling system Cy SUDOWes: a A configuration One shift 10 person
Slide 11: Professional OEM/ODM: DIP production line
DIP production line h We Scheduling system & ser Manpower pA configuration One shift ‘agerson "
Slide 12: Professional OEM/ODM: Assembly line
Assembly line ory ALT | SE EET] | aI 7 a - i Manpower Scheduling syst ge eau "9 system S28 configuration (3) One shift 16 person
Slide 13: Consolidated income statement for Q3 2023
Consolidated income statement for Q3 2023 In thousand NT$ 2023 Q3 2023 Q2 QOQ 2023 Q1~Q3 2022 Q1~Q3 YOY $ % $ % % $ % $ % % Net Sales 171,966 100.0% 193,699 100.0% -11.2% 575,454 100.0% 665,846 100.0% -13.6% COGS 171,238 99.6% 193,111 99.7% -11.3% 576,325 100.2% 604,742 90.8% -4.7% Gross Profit 728
Slide 14: Quarterly Revenues Trend
Quarterly Revenues Trend In thousand NT$ 合併營業收入Consolidated revenue 300,000 251,765 250,000 227,961 215,517 209,789 198,564 193,699 200,000 171,966 150,000 100,000 50,000 0 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 合併營業收入Consolidated revenue 14
Slide 15: Quarterly Net Income after Tax
Quarterly Net Income after Tax In thousand NT$ 合併稅後淨利Consolidated net income after tax 100,000 32.90% 35.00% 30.00% 80,000 25.00% 21.90% 60,000 20.00% 15.00% 40,000 10.17% 8.85% 10.00% 20,000 5.00% 19,073 20,199 82,828 49,929 (16,794) (3,999) (10,491) 0.00% 0 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 -5.00
Slide 16: Consolidated B/S for Q3 2023
Consolidated B/S for Q3 2023 In thousand NT$ 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Cash & Equiv. 365,835 855,844 743,518 461,594 501,694 491,530 741,888 Financial Assets 909,743 385,658 514,002 411,126 224,005 231,160 7,793 Net AR 248,491 292,004 334,724 284,001 262,687 284,347 289,701 Inventories 179,
Slide 17: Main financial ratio Q3 2023
Main financial ratio Q3 2023 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Current Ratio 698% 594% 595% 472% 628% 511% 526% Quick Ratio 617% 530% 534% 413% 555% 456% 474% Debt Ratio 45% 46% 44% 43% 41% 37% 39% NAV / share 11.22 10.97 11.52 12.07 11.78 14.48 13.27 流動比率Current Ratio、速動比率Quick 負債比率Debt Ratio Rati
Slide 18: SWOT Analysis
SWOT Analysis Strength A complete product line and tie-in combination provide customers with one-stop shopping. A strong engineering team can meet customized needs. Combined with well-known brand manufacturers in emerging markets, we have established a dense sales network. Strong financial a
Slide 19: SWOT Analysis
SWOT Analysis Oppertunity In response to global high inflation, the overall economic adjustment has been going on for more than a year, and with inflation under control, the adjustment to downgrade terminal consumption is nearing completion. After the epidemic, people have become accustomed to d
Slide 20: Industrial Environment Analysis and Opportunity Inventory
Industrial Environment Analysis and Opportunity Inventory Products and Markets: 1.Develop new technologies and high value-added products: Continue to invest in the research and development of new technologies and high value-added products, and use high-quality products that are ahead of the industry
Slide 21: Industrial Environment Analysis and Opportunity Inventory
Industrial Environment Analysis and Opportunity Inventory Cost and Production： 4. Introducing automated production: Accelerate the automated production of traditional products, and make good use of Suzhou Fuhua for cross-strait production deployment, effectively reducing costs, increasing production
Slide 22: Thank You
Thank You 22