Mayer Steel Pipe Corporation · TWSE:2020
Mayer Steel Pipe — Investor Conference (December 2023)
22 slides from Mayer Steel Pipe's conference presentation, Dec 26, 2023
Slide 1: Mayer Steel Pipe Corporation Investor Conference
Mayer Steel Pipe Corporation Investor Conference 112 . 12 . 26
Slide 2: First professional steel pipe manufacturing company in Taiwan
First professional steel pipe manufacturing company in Taiwan. Cost reduction and 60 years of craftsmanship Informatization+ efficiency increase + intelligent manufacturing green production 01 02 03 After 60 years of craftsmanship, Mayer realizes industrial intelligent Comprehensively reduce costs M
Slide 3: Outline
Outline： Business Outlook Operational Overview ESG work report Financial Overview 美亞鋼管廠股份有限公司 MAYER STEEL PIPE CORPORATION 3
Slide 4: Safe Harbor Statement
Safe Harbor Statement This presentation may contains forward-looking statements. All statements other than historical and current fact, without limitation, including business outlook, predictions, estimates, are forward-looking statements. Such statements are based upon management’s current beliefs
Slide 5: The external competitive environment, regulatory environment, and general economic environment
The external competitive environment, regulatory environment, and general economic environment 2. The impact of 1. The impact of high- China's steel inflation, high-interest and industry on deglobalization. global steel prices 6. Global steel supply 3. Economic remains at overcapacity. uncertainty f
Slide 6: Operation Overview
Operation Overview Revenue Unit:NT$ Thousand TON Steel sales scale 2023 2022 134,742 2022 2021 110000 Q1~Q3 Q1~Q3 121,103 Steel 4,953,660 4,899,510 6,555,002 6,515,200 93,909 89,426 60000 Real estate 2023Q1~Q3 2022Q1~Q3 2022 2021 investment 489,667 - - - TON Steel production scale Hotel 113,108 38,2
Slide 7: Operation Overview: Sales region of major commodities
Operation Overview Sales region of major commodities： Unit : NT$ Thousand 2023/1/1 To 2022/1/1 To 2022 2021 2023/9/30 2022/9/30 Region Net sales Proportion Net sales Proportion Net sales Proportion Net sales Proportion (%) (%) (%) (%) Taiwan 5,247,684 94.444,562,254 92.37 6,132,730 92.58 6,027,298 9
Slide 8: Operation Overview: Main Business Locations
Operation Overview:Main Business Locations H 台南 越南美亞 美亞鋼管廠股份有限公司 MAYER STEEL PIPE CORPORATION 8
Slide 9: Future Market Development of Carbon Steel Products
Operation Overview:Future Market Development of Carbon Steel Products The demand for pipe fittings for The demand for Price instability in construction projects continues steel will impact to slow down, and it still needs pipe fittings for downstream to be invested in new public machining works and
Slide 10: Future Market Development of Stainless Steel Products
Operation Overview:Future Market Development of Stainless Steel Products The huge Declining export Supply is greater fluctuation in cost demand impacts than demand, of raw materials domestic sales making the structure has not stabilized. and price. hard to ameliorate. 01 02 03 美亞鋼管廠股份有限公司 MAYER STEE
Slide 11: Operation Overview: Overseas business development
Operation Overview:Overseas business development Unit : Ton / NT$ Thousand 2023/1/1 To 2022/1/1 To 2022 2021 2023/9/30 2023/9/30 Sales Sales Sales Sales Sales Sales Sales Sales volume value volume value volume value volume value Vietnam 5,081 $194,204 5,925 $257,897 8,441 $337,994 9,332 $350,154 May
Slide 12: Overseas business development: investment income
Operation Overview Overseas business development: Investment income recognized by Investment income recognized by Mayer Steel Pipe Corporation Mayer Steel Pipe Corporation (Year/NT$ million) 80 (Quarterly /NT$ million) 67 100 57 77 60 51 80 64 44 61 54 38 60 47 40 34 30 31 24 25 22 28 40 27 20 20 -
Slide 13: ESG work report
E S G 工作報告 1.Greenhouse Gas: Complete the ISO 14064-1 greenhouse gas inventory. 2.Energy Management: Replace major machinery with high-frequency and transistor Environmental equipment to achieve energy-saving efficiency. 3.Renewable Energy Generation: Install a self-owned photovoltaic (PV) power pla
Slide 14: ESG work report: Promoting Green Energy
ESG work report Promoting Green Energy ：In line with policies and social responsibilities we have built PV power generators on the roofs of our plants. Year 2019 2020 2021 2022 2023 Total Estimated Capacity 962 - - - 341 1,303 Installed (kw) Actual Capacity 962 - - - - 962 Installed(kw) Electricity
Slide 15: Financial Overview: Historical EPS and Dividends Paid
Financial Overview Historical EPS and Dividends Paid Profitable year 2019 2020 2021 2022 2023 EPS (previous year) 1.34 1.96 1.76 3.52 1.2 Cash Dividend 1.40 1.85 1.70 3 1 in NTD per share Cash dividend allotment 104 94 97 85 83 rate(%) 4 3.52 120% 104% 97% 3 100% 3 94% 85% 83% 80% 2 1.34 1.4 1.96 1.
Slide 16: Consolidated Balance Sheet (Year)
Financial Overview Consolidated Balance Sheet(Year) 100 81 74 2020.12.31 2021.12.31 2022.12.31 68 Unit:NT$ Hundred Million 80 49 41 45 42 60 37 35 33 36 31 36 32 31 36 32 40 26 20 0 Equity attributable Current Total Current Total to Owners Assets Assets Liabilities Liabilities of the Company Total E
Slide 17: Consolidated Balance Sheet (Quarterly)
Financial Overview Consolidated Balance Sheet(Quarterly) 2021.9.30 2022.9.30 2023.9.30 90 78 75 80 72 70 48 Unit:NT$ Hundred Million 60 43 44 50 41 39 36 36 31 36 36 31 36 33 34 40 27 30 20 10 0 Equity attributable Current Total Current Total to Owners Assets Assets Liabilities Liabilities of the Co
Slide 18: Key Financial Indicators (Year)
Financial Overview Key Financial Indicators(Year) 2020 2021 2022 23 25 20 16.27 13.06 12.5 14.1 14.39 11.87 unit:% 15 9.67 10.97 6.4 7.97 7.73 6.59 7.81 10 5.27 3.48 4.03 4.02 5 0 Gross profit Operating Profit margin Return on assets Return on Book value per margin(%) profit (%) (%) equity (%) share
Slide 19: Key Financial Indicators (Quarterly)
Financial Overview Key Financial Indicators (Quarterly) 2021.1-9 2022.1-9 2023.1-9 25 20.6 18.83 20 16.06 16.33 unit:% 14.3 14.13 14.13 15 11.65 11.6 9.47 9.87 9.38 10 6.11 7.5 5.87 3.41 4.02 5 2.95 0 Gross profit Operating Profit margin Return on assets Return on Book value per margin(%) profit (%)
Slide 20: Consolidated Income Statement (Year)
Financial Overview Consolidated Income Statement(Year) 65.59 66.24 2020 2021 2022 70 10 8.57 60 50.74 7.79 8 50 4.9 5.23 40 6 4.24 3.84 3.92 30 4 2.67 2.31 2.67 1.78 1.08 20 2 10 0 0 Unit:NT$ Hundred Million Non-operating Earnings per Revenue Gross operating Operating income and Net Profit share pro
Slide 21: Consolidated Income Statement (Quarterly)
Financial Overview Consolidated Income Statement(Quarterly) 2021.1-9 2022.1-9 2023.1-9 55.56 8 7.01 6.48 6.93 6.44 58 56 49.39 54 6 4.64 4.17 52 3.46 3.62 49.03 4 3.02 50 1.69 1.99 48 2 0.87 46 44 0 Unit:NT$ Hundred Million Non-operating Earnings per Revenue Gross operating Operating income and Net
Slide 22: Q&A THANKS
Q&A THANKS
Mayer Steel Pipe — Investor Conference (December 2023) on 6ix