Bes Engineering Corp. · TWSE:2515
Bes Engineering — Investor Presentation (2025)
35 slides from Bes Engineering's investor presentation, 2025
Slide 1: Advocating ESG, Love for the Planet
2024年 中華工程 法人說明會 BES Engineering Corporation Investor Conference Advocating ESG Love for the Planet
Slide 2: Forward-looking information disclaimer
The forward-looking information presented in this presentation and concurrently released relevant information is based on the company's data and the overall economic development situation. Such forward-looking information is subject to risks, uncertainties, and inferences, some of which may be beyon
Slide 3: Agenda
AGENDA 中華工程股份有限公司 BES Engineering Corporation 產業概況 財務概況 STATE OF THE INDUSTRY FINANCIAL STATUS 公司簡介 營運概況 未来展望 COMPANY PROFILE OPERATION OVERVIEW FUTURE PERSPECTIV
Slide 4: Company Profile
01 章節 PART Company Profile • Basic Information • Development History of the Company • Corporate Awards • Company core values
Slide 5: Company Profile - Basic Information
Company Profile-Basic Information 1950 15.3 billion Capital BES Founded on CHENG,AN-TZU Chou, Chih-Ming Spokesman Chairman Company Profile 1,256 people http://www.bes.com.tw Number of employees Web Address Business Services Industrial Infrastructure Private Overseas Real Estate Park Projects Enginee
Slide 6: Company Profile - Development History of the Company
Company Profile-Development History of the Company Merged into Core Pacific Group, the capital of NT$ 30 billion, paid-in NT$ 15.3 billion. Restructuring efforts are made to develop both construction Promote a new wave of and real estate development business. tree planting in buildings all over the
Slide 7: Company Profile - Corporate Awards
Company Profile-Corporate Awards 24th Public Construction Golden Quality Award ⚫ The Construction of Parking Apron, Taxiway and Apron Facilities un Terminal III of Taiwan Taoyuan International Airport - The Excellence in civil engineering ⚫ Wu Xi Niao Zui Tan Artificial Lake Project - Lake Area - Th
Slide 8: Company Profile - Company core values
Company Profile-Company core values 02 Innovation for 01 People-oriented Development Under the concept of "people-oriented", Actively introduce the company's digital we actively recruit talents, improve the transformation, and build the "real-time working environment, and enhance the audio-visual ce
Slide 9: State of the Industry
02 章節 PART State of the Industry • Lack of labor and materials dilemma • Net Zero Emissions
Slide 10: State of the Industry
State of the Industry 缺工缺料困境 淨零碳排時代影響 Lack of labor and materials Net Zero Emissions dilemma Carbon tax costs to rise another 35% Taiwan's housing market is affected by the Builders not only grapple with labor shortages but international situation also face rising construction costs from the A serie
Slide 11: Operation Overview
03 章節 PART Operation Overview • Contracting Projects • Industrial Park Development • Real Estate Development
Slide 12: Operation Overview - Contracting Projects
Taipei Operation Overview-Contracting Projects BES Engineering Corporation New Construction of Formosa Keelung Plastics Building Urban Renewal Taipei [Formosa Plastics Construction Taoyuan New Taipei Corporation] 23,079,000 thousand NTD Hsinchu Yilan Taichung 345kV Gangfeng~Zhongke, Miaoli Zhongke~H
Slide 13: Operation Overview - Contracting Projects
Operation Overview-Contracting Projects BES Engineering Corporation Keelung Taipei Taoyuan Greater Taipei Taoyuan New Taipei 7 projcts Hsinchu 9 projcts Yilan ●New Construction of Health Building Project ●The Construction of Parking Apron, Taxiway and Apron Miaoli Facilities un Terminal III of Taiwa
Slide 14: Operation Overview - Contracting Projects
Operation Overview-Contracting Projects BES Engineering Corporation Keelung Taipei Taoyuan Hsinchu New Taipei 3 projcts Hsinchu Yilan ●Hsin-Chu Industrial Park (Bao-Shan Miaoli area) Expansion Phase II - 1st Bid ●Hsin-Chu Industrial Park (Bao-Shan Taichung area) Expansion Phase II – 2nd Bid Tainan、K
Slide 15: Operation Overview - Industrial Park Development - Sales
Operation Overview-Industrial Park Development-Sales 2455 ha Development rate 65 % 2024 2025 Hsienhsi District BES 4 Sales Area Estimated announced area 330 ha The development is 39.8 23.6 completed and the case is closed. ha ha 1 2024 Announced Main Development Investment promotion Selling Rate Adv
Slide 16: Operation Overview - Industrial Park Development - Engineering
Operation Overview-Industrial Park Development-Engineering 2 1.09 2 Hsienhsi District 5 billion billion 2024 2025 Amount invested in Amount invested the project in the project Project Highlights Schedule 1 1 1 Western Lunwei District #2 Drainage And Gate Project completion in 2025 Lunwei Main Develo
Slide 17: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development Shulin Zhongshan Road Urban Renewal Project approximately (Government-initiated) Site Area Chengnan Shuiyuan Urban Renewal Project 2025 2024 (Government-initiated) Site Area Estimated new General Banqiao Welfare development and ㎡ Urban Renewal Project under
Slide 18: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development BES Engineering Corporation Won the 2014 National Construction Excellence Award BES－Shui Yan BES－Chang Cui BES－Yun Cui Site Area – 588 ㎡ Site Area – 919 ㎡ Site Area – 2,869 ㎡ Lot location – Chengde Road, Shilin District, Taipei City Lot location – Jiankang
Slide 19: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development BES Engineering Corporation BES－Bi Yan Ge BES－Ming Sen Yuan Nangang Chongyang Road Urban Renewal Project Site Area – 4,780 ㎡ Site Area – 10,033 ㎡ Site Area – 2,212 ㎡ Lot location – Songshan District, Taipei City Lot location – Songshan District, Taipei City
Slide 20: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development BES Engineering Corporation Shulin Zhongshan Road Urban Renewal Xing'an Street Urban Renewal Da'an Road Urban Renewal Project Project (Government-initiated） Project Site Area – 4,061 ㎡ Site Area – 1,682 ㎡ Site Area – 1,038 ㎡ Lot location – Shulin District,
Slide 21: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development BES Engineering Corporation Songshan District – Tucheng District -Sanmin Road Minsheng East Road Project Project Site Area – 8,446 ㎡ Site Area – 2,211 ㎡ Lot location – Tucheng District, New Taipei City Lot location – Songshan District, Taipei City Planning
Slide 22: Operation Overview - Real Estate Development
Operation Overview-Real Estate Development BES Engineering Corporation Won the MUSE Design Awards BES EcoTech Industrial Park Site Area – 53,488 ㎡ Lot location – Tucheng District, New Taipei City Planning of architecture – aboveground 16 floors / underground 4 floors、SC structure Mode of development
Slide 23: Financial Status
04 章節 PART Financial Status • Consolidated Sales Revenues And Breakdown • Distribution of Consolidated Sales Revenues • Consolidated Balance Sheet • Annual & Q3 Consolidated Income Sheet • Financial ratio analysis • Dividend Payment
Slide 24: Financial Status - Consolidated Sales Revenues
Financial Status-Consolidated Sales Revenues Unit：NT$, 100 million 450 423 400 350 300 250 209 200 190 172 169 157 151 150 135 139 127 100 50 0 2020 2021 2022 2023 2024.1-11 Consolidated Sales Rebenues Project contract amount
Slide 25: Financial Status - Consolidated Sales Revenues
Financial Status-Consolidated Sales Revenues 2024.1-11 Consolidated Sales Revenues Unit：NT$, 100 million 250 2.87% 5.26% 1.44% 65.07% 0.48% 209 5.74% 0.48% 200 190 172 18.66% 151 150 135 100 50 Civil Engineering Construction Electrical Engineering Development Engineering 0 2020 2021 2022 2023 2024.1
Slide 26: Financial Status - Consolidated Sales Revenues And Breakdown
Financial Status-Consolidated Sales Revenues And Breakdown Civil Engineering Construction Electrical Engineering Development Engineering Unit：NT$, 100 million Real estate sales Security Human agency Others 2024.1-11 136 39 12 11 13 6 1 2023 120 33 10 11 3 3 8 2 2022 81 28 16 11 3 3 8 1 2021 91 46 3
Slide 27: Financial Status - Distribution of Consolidated Sales Revenues
Financial Status-Distribution of Consolidated Sales Revenues 0.01% 0.001 billion 11.30% 77.82% North of Taiwan Central Taiwan Southern Taiwan China 2.4 billion 180 Unit：NT$, 100 million 16.2 billion 162 160 140 131 133 120 101 100 98 中國大陸 China 80 60 39 40 30 28 28 25 24 23 20 13 7 10 2 1 1 1 0 0 10
Slide 28: Financial Status - Consolidated Balance Sheet
Financial Status-Consolidated Balance Sheet Unit ：NT$, Million Items 2021/12/31 2022/12/31 2023/12/31 2024/09/30 Current assets 38,755 35,990 47,670 53,501 Property, plant 3,210 3,089 3,210 3,329 and equipment Investment properties 1,029 1,113 1,077 1,074 Other non-current assets 5,094 4,948 4,092 4
Slide 29: Financial Status - Annual & Q3 Consolidated Income Sheet
Financial Status-Annual & Q3 Consolidated Income Sheet Unit ：NT$, Million Items 2021 2022 2023 2024Q3 Sales Revenues – Annual 17,197 15,093 18,959 16,487 Gross Profit 340 1,378 1,523 1,117 Operating income ( 359 ) 776 932 701 Total non-operating 2,837 225 ( 150 ) ( 33 ) income and expenses Net Profi
Slide 30: Financial Status - Financial ratio analysis
Financial Status-Financial ratio analysis 2021-2024Q3 Items 2021 2022 2023 2024Q3 Construction stock average Debt Ratio % 52.32 % 49.76 % 58.43 % 62.89 % 62.88 % ~ 65.75 % Current Ratio % 221.81 % 249.03 % 235.84 % 217.20 % 157.96 % ~ 173.08 % Times Interest 14.92 5.01 2.62 2.05 Earned Ratio Return
Slide 31: Financial Status - Dividend Payment
Financial Status-Dividend Payment 1.8 140% 127% 1.75 120% 1.5 97% 100% 1.2 80% 0.9 60% 0.6 31% 40% 0.534 0.526 0.54 0.52 0.3 0.41 20% 0 0% 2021 2022 2023 Cash DPS(NT$) EPS(NT$) Payout Ratios(%)
Slide 32: Future Perspective
05 章節 PART Future Perspective • Enterprise development strategy • The Effectiveness of Corporate Sustainable Development
Slide 33: Future Perspective - Enterprise development strategy
Future Perspective-Enterprise development strategy BES Engineering Corporation Smart Building Transformation against all odds BIM Lifecycle In response to challenges like "labor and material shortages" impacting the real estate and construction sectors, BES is strategically transforming through a fo
Slide 34: Future Perspective - The Effectiveness of Corporate Sustainable Development
Future Perspective-The Effectiveness of Corporate Sustainable Development BES Engineering Corporation Enterprise Development Effectiveness Leading migrant worker Develop company carbon reduction policy, establish tools care with Chun Chih for carbon inventory, quantify emissions in design, Foundatio
Slide 35: Thank You
BES Thank You 陶朱隱園 B E S U R B A N R E N E W A L