Topco Scientific Co., Ltd. · TWSE:5434
Topco Scientific — H1 2018 Earnings Presentation
23 slides from Topco Scientific's earnings presentation, Aug 21, 2018
Slide 1: 2018 Investor Meeting
2018 INVESTOR MEETING OMB AER Sie : FAITE SUT : SIS SSA: BER Sale Chairman : Dr. Robert Lai CO-CEO : Mr. Charles Lee Spokesman : Ms. Della Huang / Sr. Vice President TSE Ticker : 5434 TT 215T August, 2018 Cs
Slide 2: Agenda
AGENDA 1.企業概述 Company Overview 2.營運報告 Financial Reports 3.未來展望 Group Vision 4.問答時間 Q&A 2
Slide 3: Company Overview
oe ti 50 Company Overview
Slide 4: 公司概況 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 • 2017年合併營業額：NT 237.81億元 • 崇越集團總人數：約 1172人 • Founded：February 17th, 1990 • Headquarters：Taipei, Taiwan • Chairman of Topco Group： Dr. J. W. Kuo • Chairman of Topco Scientif
Slide 5: 經營團隊 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 郭智輝 博士 中國區總裁 賴杉桂 博士 Dr. J.W. Kuo 潘重良 Dr. Robert Lai Chairman, Mr. Jeffery Pan Chairman, Topco Group Vice Chairman & Topco Scientific Chairman(China), Topco Group 共同執行長 CO-CEO 共同執行長 CO-CEO 財務長 CFO 營運長 COO 營運長 COO 營運長 COO 李正榮 Charles Lee 曾海華 Simon Tseng 呂素
Slide 6: 事業概述 Scope of Business
ABojouyre, uaaH BPM ES ARBRE SRE Solar Power and Renewable Energy Rin Le Environmental Engineering 5S ta AR 5 Equipment and Services HBA Photoelectric Related Products +B Semiconductor Related Products zt Scope of Business Environment Protection and Green Energy BRR High Technology f2 R375 Health an
Slide 7: 服務據點 Service Location
wT aH ARIS#E24 Service Location KiB (Dalian) t fA FR (Nanjing) ACER (Beijing) iN (Suzhou) PBR (Xian) WER (Tokyo) Wuh — ~_—— .3§(Shanghai) — #38 (Taiwan) FR#B (Chengdu) $RHl| (Shenzhen) t, (Taipei Headquarters) >. sinchu Office) #7 DN4R (Singapore) ichung Office) P9(Xiamen) in Branch) ‘aohsiung Offic
Slide 8: Financial Reports
營運報告 Financial Reports 8
Slide 9: 歷年營收 Annual Revenue
2017年合併營業額達 NTD 237.8億 歷年營收 Annual Revenue Consolidated Revenue of 2017： NT 23.78 billion (around 804 Million USD) NTD $ Thousand 個體營收 合併營收 單位：千(台幣) 24,000,000 23,781,012 22,500,000 22,629,436 21,000,000 19,500,000 19,078,870 18,000,000 18,092,281 16,177,281 15,208,741 16,500,000 15,927,661 15,554,7
Slide 10: 季營收 Quarterly Sales
季營收 Quarterly Sales 季合併營收 Quarterly Consolidated Sales 百萬元新台幣 In Million NTD 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 崇越科技今年營收持續高度成長，自2017年第四季起，接連三個季度屢屢創下歷年單季新高。 Consolidated sales continuously hits the highest level since the fourth quarter of
Slide 11: 2018 H1 Industry Sales Analysis by Products/Services
2018 H1 營收分析(1)-依產品/服務 Industry Sales Analysis by Products/Services 年度 Year 2016 2017 2018H1 半導體相關 Semiconductor Related Products 78.40% 81.5% 75.8% LED/LCD/電子相關 Photoelectric Related Products 10% 8.8% 8.9% 環保工程及廠務 Environmental Engineering 9.00% 7.1% 13.4% 太陽能相關 Solar Power Related Products 1.60% 1
Slide 12: 2018 H1 Industry Sales Analysis by Geography
2018 H1 營收分析(2)-依地區 Industry Sales Analysis by Geography 2018 H1 Industry Sales Analysis by Geography Taiwan China Others 3% Year Taiwan China Others 2017 63.10% 35.20% 1.70% 2018H1 53.64% 43.31% 3.05% 43% 54% 12
Slide 13: 近5年每股盈餘 Earnings Per Share in 5 Years
近5年每股盈餘 Earnings Per Share in 5 Years 2018 Earnings Per Share Q1, 2018：1.46 NT 每股盈餘 Earnings Per Share Q2, 2018：1.82 NT NT$ EPS H1, 2018：3.29 NT 8 7.5 7.25 7 6.5 6 5.89 5.98 5.5 5.4 5.44 5 5.22 4.5 4 2012 2013 2014 2015 2016 2017 Year 13
Slide 14: 股東投資報酬 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 ROE 現金股利Cash Dividend 現金股利發放率 Payout Ratio ROE 股東權益報酬率=稅後淨利(純益)/股東權益 NT$ % % 5 72 20 5 19.51 4.5 70.23 70 4 68.97 4.2 16.81 16.62 3.9 15 15.73 15.82 68.97 3.5 3.7 3.58 3.6 68 14.28 3 68.01 66.67 2.5 66 10 66.21 2 64 1.5 5 1 62 0.5 0 60
Slide 15: 獲利能力財務比率 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 H1 毛利率 Gross Margin 11.9 12.62 11.98 12.77 12.9 12.35 11.3 營業費用率 Operating Expense Ratio 6.39 6.92 6.91 7.17 6.88 7.25 6.57 營業利益率 Operating Profit Margin 5.51 5.7 5.07 5.6 6.02 5.1 4.
Slide 16: 2018 Q2 Consolidated Income Statement
2018 Q2 合併綜合損益表 Consolidated Income Statement 單位：千元 NTD $ Thousand 年度/季度 2016 2017 2017Q2 2018Q2 YoY 營業營收 Net Sales 22,629,436 23,781,012 5,827,612 7,544,365 29.5% 營業毛利 Gross Profit 2,918,434 2,937,307 703,634 794,133 12.9% 營業利益 Op. Profit 1,362,051 1,213,786 267,283 328,592 22.9% 稅前淨利Pre-tax Profit
Slide 17: 2018 H1 Consolidated Income Statement
2018 H1 合併綜合損益表 Consolidated Income Statement 單位：千元 NTD $ Thousand 年度/季度 2016 2017 2017H1 2018H1 YoY 營業營收 Net Sales 22,629,436 23,781,012 11,399,108 13,984,041 22.7% 營業毛利 Gross Profit 2,918,434 2,937,307 1,403,682 1,580,583 12.6% 營業利益 Op. Profit 1,362,051 1,213,786 553,931 661,294 19.4% 稅前淨利Pre-tax
Slide 18: 合併財務比率 Consolidated Financial Indicators
合併財務比率 Consolidated Financial Indicators 年度/季度 2012 2013 2014 2015 2016 2017 2018 H1 流動比 Current Ratio 163.96% 174.22% 158.77% 154.46% 141.52% 151.69% 138.71% 速動比 Quick Ratio 125.44% 133.77% 121.16% 109.59% 94.81% 110.73% 99.77% 現金流量比率 32.54% 19.74% 24.68% 15.28% 28.49% 12.74% 0.68% Cash Flow Ratio
Slide 19: 2018 Q2 資產負債表 Balance Sheet
2018 Q2 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 1,862,976 短期借款 Short term borrowings 278,835 透過損益按公允價值衡量之金融資產－流動 257,017 合約負債－流動 Current contract liabilities 812,162 Current financial assets at fair value
Slide 20: Group Vision
MH ARR RS Group Vision
Slide 21: Deployment in Prospective Industries
Deployment in Prospective Industries Rising Demands for Wafers and Semiconductor Materials - 矽晶圓需求暢旺、價格續漲帶動獲利正向成長。 - 半導體新廠陸續運轉、量產，帶動先進材料成長動能。 Broadening Green Technology Development - 環保意識提升廢水處理等環保工程商機。 - 配合政府再生能源政策，積極開發大型太陽能電站整合工程。 Customizing Total Solutions Based on Professional Ability - 積
Slide 22: Q&A
WITSS fea) SS eal Q&A
Slide 23: Thank You
MH SRA tH Thank You