Topco Scientific Co., Ltd. · TWSE:5434
Topco Scientific — Q1 2020 Earnings Presentation
20 slides from Topco Scientific's earnings presentation, May 28, 2020
Slide 1: 2020 Investor Meeting
2020 INVESTOR MEETING OMSL mix : FAITE HISUTR : SIE SSA: EER A Raleee Chairman : Dr. Robert Lai CO-CEO : Mr. Charles Lee Spokesman : Ms. Della Huang / Sr. Vice President TSE Ticker : 5434 TT 28th May, 2020
Slide 2: Company Overview
oe ti 50 Company Overview
Slide 3: Company Profile
公司概況 Company Profile • 設立日期：1990年2月17日 • 總公司：台北市內湖區堤頂大道二段483號 • 崇越集團董事長：郭智輝 博士 • 崇越科技董事長：賴杉桂 博士 • 公開上市：2003年 • 實收資本額：NT 18.17億元 • 2019年合併營業額：NT 317億元 • 崇越集團總人數：約 1200人 • Founded：February 17th, 1990 • Headquarters：Taipei, Taiwan • Chairman of Topco Group： Dr. J. W. Kuo • Chairman of Topco Scientific：
Slide 4: Management Team
經營團隊 Management Team 崇越集團董事長 崇越集團副董事長 崇越科技董事長 共同執行長 共同執行長 郭智輝 博士 中國區總裁 潘重良 賴杉桂 博士 李正榮 曾海華 Dr. J.W. Kuo Mr. Jeffery Pan Dr. Robert Lai Charles Lee Simon Tseng Group Chairman Group Vice Chairman Chairman CO-CEO CO-CEO Chairman(China) 財務長 CFO 營運長 COO 營運長 COO 營運長 COO 營運長 COO 4 呂素卿 Joyce Lu 王誌鴻 James Wan
Slide 5: Scope of Business
ABojouyra, usa PMB HURL Environmental Engineering ARBRE ERE Solar Power and Renewable Energy +S A Semiconductor Related Products #38 2 SiR IC Foundry Service © 2 KSA Photoelectric Related Products BS (6 BR 35 Equipment and Services KY HR PRERAE Environment Protection and Green Energy mR High Technol
Slide 6: Service Location
ARISH#E24 Service Location FAR (Nanjing) Atm (Beijing) HZ (Xian) BRN (Suzhou) 5a mR (Tokyo) i (Wuhan) £38 (Shanghai) =o 8 (Taiwan) EAB lt (Taipei Headquarters) lsinchu Office) & (Yilan Factory) ichung Office) BX BB (Chengdu) SR tll (Shenzhen) #2 (Vietnam) x #7 DN (Singapore) IS FS (Xiamen) an Branch
Slide 7: Financial Reports
營運報告 Financial Reports 7
Slide 8: Annual Revenue
2019年合併營業額達 NTD 317億 歷年營收 Annual Revenue Consolidated Revenue of 2019： NTD 31.7 billion 個體營收 合併營收 (千元NTD / $ Thousand) 33,000,000 31,500,000 31,700,516 30,000,000 28,500,000 28,861,199 27,000,000 25,500,000 24,000,000 23,781,012 22,500,000 22,629,436 21,000,000 19,500,000 18,836,684 18,092,281 19,07
Slide 9: Quarterly Sales
季營收 Quarterly Sales 季合併營收 Quarterly Consolidated Sales 百萬元新台幣 In Million NTD 9,000 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2019 Q4 季營收88.15億元，與 2020 Q1季營收87.9億元，併列單季歷史新高及次高 2020 Q1 創單季同期新高、年增23.8% 9
Slide 10: 2020 Q1 Sales Analysis by Products/Services
2020 Q1營收分析(1)-依產品/服務 Industry Sales Analysis by Products/Services 年度 Year 2016 2017 2018 2019 2020 Q1 半導體相關 Semiconductor Related Products 78.40% 81.5% 76.5% 79.1% 81.0% LED/LCD/電子相關 Photoelectric Related 7.6% 10% 8.8% 7.1% 6.2% Products 環保工程及廠務 Environmental Engineering 9.00% 7.1% 14.0% 12.2% 10.9
Slide 11: 2020 Q1 Sales Analysis by Geography
2020 Q1營收分析(2)-依地區 Industry Sales Analysis by Geography 2020 Q1 Industry Sales Analysis by Geography Taiwan China Others 3% Year Taiwan China Others 2017 61.1% 35.5% 3.4% 2018 54.5% 42.8% 2.7% 41% 2019 57.9% 40% 2.1% 2020Q1 55.9% 41.2% 2.9% 56% 11
Slide 12: Earnings Per Share in 8 Years
近8年每股盈餘 Earnings Per Share in 8 Years Earnings Per Share 每股盈餘 Earnings Per Share 2020 Q1： 2.51 NT$ EPS 10 9.5 9 9.48 8.5 8 7.73 2019 全年EPS 9.48 創歷史新高 7.5 7 7.25 6.5 2020 Q1 EPS 6 5.5 5.89 5.98 2.51 創同期新高 5.4 5.44 5 5.22 4.5 4 2012 2013 2014 2015 2016 2017 2018 2019 Year 12
Slide 13: Shareholder Returns Trend
股東投資報酬 Shareholder Returns Trend 股利政策Dividend Policy 股東權益報酬率 ROE 現金股利Cash Dividend 現金股利發放率 Payout Ratio ROE % % 7 72 20 19.51 70.23 18.95 6 6.5 70 16.81 17.09 68.97 68.97 68.56 16.62 15 15.73 15.82 5 68.01 5 68.57 68 14.28 5.3 4 66.21 4.2 66.67 66 10 3.9 3.58 3.6 3.7 3 64 2 5 62 1 0 60 0 2012 2013 2
Slide 14: Key Profitability Indicator
獲利能力財務比率 Key Profitability Indicator 獲利能力 Profitability 14 12 10 8 6 4 2 Unit：%0 2012 2013 2014 2015 2016 2017 2018 2019 2020Q1 毛利率 Gross Margin 11.9 12.62 11.98 12.77 12.9 12.35 11.79 12.36 11.88 營業費用率 Operating Expense Ratio 6.39 6.92 6.91 7.17 6.88 7.25 6.52 6.54 6.19 營業利益率 Operating Profit Margi
Slide 15: 2020 Q1 Consolidated Income Statement
2020 Q1 合併綜合損益表 Consolidated Income Statement 單位：千元 NTD $ Thousand 年度/季度 2017 2018 2019 2019Q1 2020Q1 YoY 營業營收 Net Sales 23,781,012 28,861,199 31,700,516 7,099,586 8,789,852 23.8% 營業毛利 Gross Profit 2,937,307 3,403,262 3,919,105 880,008 1,044,469 18.7% 營業淨利 Op. Profit 1,213,786 1,520,415 1,845,363 39
Slide 16: 2020 Q1 Balance Sheet
2020 Q1 資產負債表 Balance Sheet 單位：千元 NTD $ Thousand 會計項目 金額 會計項目 金額 流動資產 Current assets 流動負債 Current liabilities 現金及約當現金 Cash and cash equivalents 2,959,977 短期借款 Short term borrowings 698,544 透過損益按公允價值衡量之金融資產－流動 220,127 合約負債－流動 Current contract liabilities 879,098 Current financial assets at fair value
Slide 17: Group Vision
MH ARR RS Group Vision
Slide 18: Deployment in Prospective Industries
Deployment in Prospective Industries Rising Demands for Semiconductor Materials -台灣半導體製程技術不斷推新及擴廠需求，提升光阻液等精密材料需求。 - 發展晶圓代工平台 IC Foundry Service 引薦中國IC設計公司找到合適代工製造技術，協助量產導入市場。 -引進5G關鍵新材料、3D列印及第三代半導體材料，尋找合適對象進行策略聯盟及合作。 -拓展新加坡及越南等海外市場，整併倉儲業務，優化成本結構。 Broadening Green Technology Development -取得大型廢水處理
Slide 19: Q&A
WITSS fea) SS eal Q&A
Slide 20: Thank You
MH SRA tH Thank You