Evergreen Steel Corporation · TWSE:2211
Evergreen Steel — Evergreen Steel Investor Conference (November 2024)
37 slides from Evergreen Steel's conference presentation, Nov 28, 2024
Slide 1: Evergreen Steel Investor Conference
Stock Code: 2211 Evergreen Steel Investor Conference November 28, 2024
Slide 2: Disclaimer
Disclaimer EGST (the “Company”) is not responsible for updating or revising any information in this presentation, including all forward-looking insights, when new events or situations occur. Investors should treat the forward-looking insights in the preceding paragraph as flexible information that m
Slide 3: Agenda
Performance and Development of the Steel Structure Business Performance and Development of the Reinvestment Business Agenda Consolidated Financial Overview Sustainable Development and Green Energy Policy Q&A 2
Slide 4: Performance and Development of the Steel Structure Business
Performance and Development of the Steel Structure Business 3
Slide 5: Steel Structure Business Performance – Erection Volume Breakdown
Steel Structure Business Performance – Erection Volume Breakdown Breakdown of Steel Structure Erection Volume in 2023 and the First Three Quarters of 2024 14,000 Unit: Ton 12,000 10,000 8,000 6,000 4,000 2,000 - JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2023 First 3 quarters of 2024 4
Slide 6: Steel Structure Business Performance – Order Breakdown
Steel Structure Business Performance – Order Breakdown Orders Current Orders within the past year (As of September, 2024) (Between September, 2023 and September, 2024) Item Tons Ratio Item Tons Ratio Factories 35,443 15% Factories 18,973 15% Buildings 193,610 82% Buildings 109,130 85% Bridges 7,306
Slide 7: Steel Structure Business Performance – Order Breakdown
Steel Structure Business Performance – Order Breakdown Orders Current Orders within the past year (As of September, 2024) (Between September, 2023 and September, 2024) 3% 15% 15% 82% 85% Factories Buildings Bridges Factories Buildings 6
Slide 8: Steel Structure Business Development
Steel Structure Business Development • As AI continues to gain popularity, the demand for factories in the technology sector, along with a steady increase in urban regeneration projects, office buildings, and residential developments, is driving consistent growth in the short and medium term in the
Slide 9: Recently Completed Steel Structure Projects
Recently Completed Steel Structure Projects King Boat Museum, Pingtung (Completed in August 2024) 8
Slide 10: Recently Completed Steel Structure Projects
Recently Completed Steel Structure Projects Twin Oaks Residential Building on Long-fu section in Xitun District (Completed in September 2024) 9
Slide 11: Recently Completed Steel Structure Projects
Recently Completed Steel Structure Projects Taichung International Convention and Exhibition Center (Completed in September 2024) 10
Slide 12: Recently Completed Steel Structure Projects
Recently Completed Steel Structure Projects Chungyuet Group residential buildings on two land numbers, starting with 568 in Qinxi section in Taoyuan (Completed in September 2024) 11
Slide 13: Performance and Development of the Reinvestment Business
Performance and Development of the Reinvestment Business 12
Slide 14: Reinvestment Business Details
Reinvestment Business Details Super Max Hsin Yung Engineering Ever Ecove Enterprise Enterprise Corporation Corporation Co., Ltd. Mainly processes domestic Mainly processes hazardous Mainly processes domestic waste and general industrial waste and waste, food waste, and industrial waste in Taoyuan in
Slide 15: Hsin Yung Business Overview – Waste Intake and Disposal
Hsin Yung Business Overview 500,000 Unit: Ton Intake Disposal Year (ton) (ton) 400,000 2021 408,919 415,340 300,000 2022 388,781 386,562 200,000 2023 306,182 307,135 First 3 quarters 100,000 158,792 154,664 of 2024 0 2021 2022 2023 First 3 In the past 3 years, with the exception of quarters of two p
Slide 16: Hsin Yung Business Overview – Power Generation
Hsin Yung Business Overview Power Power Ratio Year Generated Sold (%) (MWh) (MWh) 2021 252,595 216,728 85.80 300,000 Unit: MWh 2022 207,342 176,842 85.29 250,000 2023 141,196 116,659 82.62 200,000 First 3 quarters 78,773 65,974 83.75 of 2024 150,000 • Conducted maintenance and upgrades for 100,000 t
Slide 17: Hsin Yung Enterprise Corp. System Upgrade and Integration
Hsin Yung Enterprise Corp. System Upgrade and Integration Boiler Roller-Grate Boiler Secondary air fan RE-Buide RE-Buide 16
Slide 18: Hsin Yung Enterprise Corp. System Upgrade and Integration
Hsin Yung Enterprise Corp. System Upgrade and Integration Flue Gas Cleaning System Flue Gas Cleaning System Bag Filter Upgrade Sodium bicarbonate 、AIG Upgrade 17
Slide 19: Hsin Yung Enterprise Corp. System Upgrade and Integration
Hsin Yung Enterprise Corp. System Upgrade and Integration Catalyst coated ceramic Steam Turbine rotor Upgrade filter tube Upgrade 18
Slide 20: Hsin Yung Future Prospects
Hsin Yung Future Prospects • Hsin Yung Enterprise Corp. completed the upgrade for the two incinerators (for incineration) in mid- September 2024. Both incinerators are running smoothly, and the company has made adjustments to optimize their efficiency, boosting their operation rate with the intent t
Slide 21: Super Max Engineering Business Overview
Super Max Engineering Business Overview Unit: Ton First 3 quarters Year 2021 2022 2023 of 2024 Waste Intake Disposal Intake Disposal Intake Disposal Intake Disposal Annual 20,474 21,228 18,030 19,142 20,528 19,831 14,730 14,286 Statistics 25,000 Unit: Tons 20,000 15,000 10,000 5,000 - 2021 2022 2023
Slide 22: Super Max Engineering Future Prospects
Super Max Engineering Future Prospects • Due to the government’s promotion of the circular economy, general waste available has decreased. Additionally, competition from newly established processing plants has caused a drop in market prices for waste. Supermax established a new incinerator with a 43
Slide 23: Ever Ecove Business Overview – Thermal Treatment
Ever Ecove Business Overview Thermal treatment 200,000 Unit: Ton 180,000 Thermal Thermal treatment treatment 160,000 Year Intake Disposal 140,000 (ton) (ton) 120,000 First 3 100,000 quarters 173,317 163,648 of 2024 80,000 First 3 quarters of 2024 Intake Disposal 22
Slide 24: Ever Ecove Business Overview – Power Generation
Ever Ecove Business Overview Thermal treatment 140,000 Unit: MWh Thermal Thermal treatment treatment 100,000 Power Power Ratio Year Generated Sold (%) 60,000 (MWh) (MWh) First 3 20,000 quarters 145,521 125,578 86.30 First 3 quarters of 2024 of 2024 Power Generated Power Sold Anaerobic Anaerobic Anae
Slide 25: Ever Ecove Future Prospects
Ever Ecove Future Prospects • Based on the BOT contract, Ever Ecove must cooperate as Hsin Yung upgrades its facilities, prioritizing the processing of domestic waste delivered by the Taoyuan City Government in 2024 and 2025. Due to a limited total processing capacity, the waste will be delivered in
Slide 26: Consolidated Financial Overview
Consolidated Financial Overview 25
Slide 27: Evergreen Steel's Financial Overview for the Past 3 Years
Consolidated Financial Overview Evergreen Steel′s Financial Overview for the Past 3 Years Unit: NT$ Thousands 14,000,000 Unit: NT$ Thousands First 3 12,000,000 Item 2021 2022 2023 quarters of 2024 10,000,000 Operating 13,608,597 11,439,152 11,090,533 9,471,674 Revenue 8,000,000 Operating 1,753,938 2
Slide 28: Evergreen Steel's Sources of Operating Revenue for the Past 3 Years
Consolidated Financial Overview Evergreen Steel′s Sources of Operating Revenue for the Past 3 Years Unit: NT$ Thousands 14,000,000 Unit: NT$ Thousands First 3 Company 12,000,000 2021 2022 2023 quarters Name of 2024 10,000,000 EGST 11,614,440 9,039,860 8,192,540 7,418,086 8,000,000 Reinvestment 1,994
Slide 29: Evergreen Steel's Sources of Net Profit for the Past 3 Years
Consolidated Financial Overview Evergreen Steel′s Sources of Net Profit for the Past 3 Years Unit: NT$ Thousands 4,000,000 Unit: NT$ Thousands First 3 Company 2021 2022 2023 quarters Name of 2024 3,000,000 EGST 747,899 1,855,375 2,755,308 1,769,204 2,000,000 Reinvestment 530,361 739,302 914,506 322,
Slide 30: Financial Performance Q3 2024 and YoY Comparison
Consolidated Financial Overview Financial performance Q3, 2024 and YoY comparison of Evergreen Steel Unit: NT$ Thousands Item Q3, 2024 Q3, 2023 Difference Ratio Operating Revenue 3,278,484 3,091,036 187,448 6.06% Operating Profit 611,110 999,496 (388,386) (38.86%) Net Income After Tax 905,195 1,089,
Slide 31: Sustainable Development and Green Energy Policy
Sustainable Development and Green Energy Policy 30
Slide 32: Environmental Protection
Environmental Protection • In accordance with the policy aiming to achieve net-zero emissions by 2050, we have completed the 2023 greenhouse gas (GHG) inventory with third-party verification. • Inventory was taken of all of the emission sources and formulated a decarbonization pathway: 4% and 32% of
Slide 33: Social Inclusion
Social Inclusion • Implemented human rights policies to achieve zero violations of labor regulations. • Implement occupational safety and health policy with the goal of zero occupational hazards/incidents. • Provide employees with career planning advice and diverse employee training to develop profe
Slide 34: Corporate Governance
Corporate Governance • The Company was ranked a top 20% listed company in this year’s (the 10th) corporate governance evaluation. • Regularly compiled and submitted the Company’s sustainability implementation to the Sustainability Committee and the Board of Directors. • Completed the 2023 sustainabi
Slide 35: Green Energy Policy
Green Energy Policy The Company has diversified its business activities to increase operational sustainability and is committed to achieve carbon reduction goals with the principles of energy conservation, carbon reduction, waste recycling, and renewable energy promotion. 1.Photovoltaics System 2. E
Slide 36: Thank You
Stock Code: 2211 Thank You November 28, 2024
Slide 37: Q&A
Q&A
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