Evergreen Marine Corp. (taiwan) Ltd. · TWSE:2603
Evergreen Marine Corp. (taiwan) — Evergreen Marine Corp. 2022 Investor Conference
23 slides from Evergreen Marine Corp. (taiwan)'s conference presentation, Mar 1, 2022
Slide 1: Evergreen Marine Corp. 2022 Investor Conference
TSE: 2603 Evergreen Marine Corp. 2022 Investor Conference 1
Slide 2: Legal Disclaimer
Legal Disclaimer The information contained in this presentation, including all forward- looking information, is subject to change without notice, whether as a result of new information, further events or otherwise, and Evergreen Marine Corp. (the “Company”) undertakes no obligation to publicly updat
Slide 3: Outline
Outline 1. Company Overview 2. Financial Results 3. Container Shipping Outlook 4. Business Strategy 3
Slide 4: Company Overview
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Slide 5: Our Position
Our Position 5 Highlights 7 th Capacity Ranking 201 vessels Group Total Fleet Number 1.51 TEU Operational Capacity in Million TEU 10+ TEU 2021 Lifting in Million TEU 5.8% 61 Capacity Market Share Fleet of Order book EMC owned fleet: 62% 583,365TEU Scrubber installed: 74.8% 12 Owned Seaport Terminals
Slide 6: Financial Results
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Slide 7: Highlights: Consolidated Income Statement 2021
Consolidated Income Statement 2021 Unit：NT$ Millions Container OPERATING REVENUE Commission and Manufacturing Item 2021 Agency Income, Income, 0.34% Others, 2.76% 1.98% Highlights Operating Revenue 489,407 Ship Rental and Operating Cost (187,472) Slottage Income, 0.40% Marine Freight Gross Profit (L
Slide 8: Highlights
Time (Unit：Quarter) Highlights 8
Slide 9: Highlights
(Unit：Time Quarter, Amount: NT $100 Millions ) Highlights 9
Slide 10: Highlights
(Unit：10 thousands TEU) (Unit： USD/TEU) (Unit：USD/TON) Highlights 10
Slide 11: Alphaliner 2022 EBITDA Margin
Alphaliner 2022 EBITDA Margin 36.57% 27.57% Q321 Q421 FY21 71.6% 65.04% 64.05% 53,165 96,589 101,461 Core EBITDA Margin% 80% Maersk CMACGM HapagLloyd ZIM YML WHL 70% HMM ONE EMC 60% 50% 40% 30% 20% 10% FY2020 Q12021 Q22021 Q32021 Q42021 11
Slide 12: Industry Outlook
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Slide 13: Cost Increasing, inflation
Cost Increasing, inflation QE, Demands, Material inflation due to shortage and limited production for emission control Manpower Shortage – terminal, manufacture, truck drivers COVID19 Impacted Photo: Yaroslav from Pexels 13
Slide 14: Risk Management: Long Chain ? Short Chain?
Risk Management: Long Chain ? Short Chain? 30,000,000 25,000,000 Market Volume : Far East to EUR/US Data Source: Datamyne & CTS , summarized by EMC 20,000,000 2020 Jan to Nov 2021 Jan to Nov 15,000,000 10,000,000 5,000,000 TEU 0 China Vietnam Malaysia Indonesia Thailand 14
Slide 15: Services Upgrade and Cascading
ASIA-EURO FLEETS UPGRADE +9.8% +7.8% Services Upgrade and Cascading A+G+T A+G+T A+G A+G Stabilized the Supply-Chain 2021 2022 2023 2024 2025 TRANS-PACIFIC FLEETS UPGRADE +3.4% +5.6% +17.2% L+F L+F L+F+M F+M 2021 2022 2023 2024 2025 INTRA-ASIA FLEETS UPGRADE +12.9% +1.1% +5.7% B+C+O B+C+O B+C+O B+C+O
Slide 16: Supply and Demand : Will it be balance?
Supply and Demand : Will it be balance? Global container freight rate index from July 2019 to January 2022 date Source: Statista, SCFI Sea-Intel , Merged by EMC 100% 6000 90% 5000 80% 4000 70% 3000 60% 2000 50% Global Schedule Reliability SCFI 1000 40% 2019 2020 2021 2022 2023 30% COVID19 Quantitati
Slide 17: EEXI & CII
EEXI (Energy Efficiency Existing Ship Index) &CII (Carbon Intensity Indicator) Origin Plan – Round trip 42 days with 6 vessels deployment to maintain weekly service Weekly Service Rotation 1 2 3 4 5 6 Sea Dist. 408 125 5850 400 5200 496 Sea Speed 18 18 19 15 18 19 Sea Speed after CII effective 16 16
Slide 18: 2022 Market Prediction and SCFI Trend
10.0% 2022 Market Prediction Demand > Capacity Supply by the research consultancies 8.0% Supply Demand 6.0% 4.0% 2.0% 0.0% -2.0% 2019 2020(E) 2021 2022(F) 2019 2020(E) 2021(F) 2022(F) 2019 2020(E) 2021(F) 2022(F) Shipping Intelligent Alphaliner Drewry Clarksons Data Source: Alphaliner Monthly Monito
Slide 19: Business Strategy
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Slide 20: Environmental protection and Carbon Emission Reduction: Fleets
Evergreen Carbon Emission Strategy Fleet E-Commerce Office Supply Chain Environmental protection and Digitalization Platform Ecology Society Carbon Emission Reduction Fleets IMO 2023 EEXI coming into effect IMO 2023 CII coming into effect WSC : move away from fossil fuels as quickly as possible 80%
Slide 21: Environmental protection and Carbon Emission Reduction: E-Commerce
Evergreen Carbon Emission Strategy Fleet E-Commerce Office Supply Chain Environmental protection and Digitalization Platform Ecology Society Carbon Emission Reduction 電子商務 e-commerce carbon reduction The e-commerce boom, widespread concerns about sustainability, and the digitization trend are spurri
Slide 22: Environmental protection and Carbon Emission Reduction: Offices, Supply Chain
Evergreen Carbon Emission Strategy Fleet E-Commerce Office Supply Chain Digitalization Platform Ecology Society Environmental protection and Carbon Emission Reduction Offices, Supply Chain MGT To quantify GHG emission based on the standard of ISO14064/GHG Protocol. Participating GLEC Framework and C
Slide 23: Thank you
Thank you 23
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