China Petrochemical Development Corporation · TWSE:1314
China Petrochemical Development — Investor Conference 2020
34 slides from China Petrochemical Development's conference presentation, 2020
Slide 1: Investor Conference
Investor Conference Respect．Innovation．Care．Excellence．Green Business 2020
Slide 2: Disclaimer
Disclaimer • This presentation is for informational purposes only, contains preliminary financial and other information about China Petrochemical Development Corporation and is subject to updating, revision, amendment and completion. This presentation does not and is not intended to constitute or co
Slide 3: Contents
Contents Company Financial Product Profile Performance Focus
Slide 4: Company Profile
Company Profile CPDC was established in 1969 as a state-owned enterprise under the supervision of the Ministry of Economic Affairs. In 1991, CPDC was listed on the Taiwan Stock Exchange. In 1994 the company was privatized. The sole manufacturer of CPL in Taiwan CPDC is one of only two manufactu
Slide 5: Financial Performance
Financial Performance Respect．Innovation．Care．Excellence．Green Business Effective integration of the Petrochemical Industry Expand new business in Land Development
Slide 6: Most Recent 6 Quarters Performance
Most Recent 6 Quarters Performance Unit：NT$ 100 Million Operating Income Net Income Gross Revenue 20.00 100.00 85.92 90.00 81.38 82.97 15.00 80.48 80.00 70.00 10.00 6.05 53.01 60.00 6.42 51.4 4.62 5.00 4.04 50.00 3.11 3.09 40.84 1.78 0.26 40.00 0.55 0.02 0.00 -1.43 30.00 -1.88 20.00 (5.00) -6.47 10.
Slide 7: Most Recent 6 Quarters EPS
Most Recent 6 Quarters EPS 0.5 EPS(元) 0.4 0.3 0.23 0.21 0.2 0.14 0.12 0.11 0.1 0.06 0 0 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 -0.1 7
Slide 8: Most Recent 3 Years Income Statement
Most Recent 3 Years Income Statement Unit： 2019H1 NT$ 100 Million 2017 2018 2019 2020H1 vs.2020H1 YoY% Operating revenue 333.36 385.03 296.24 93.85 (70.5) (43)% Gross Profit 53.72 51.76 16.28 (0.41) (12.66) (103)% Profit from operations 35.84 30.75 (4.09) (8.35) (10.97) (419)% Non-operating income a
Slide 9: Most Recent 3 Years Balance Sheet
Most Recent 3 Years Balance Sheet Unit：NT$ 100 Million 2017 2018 2019 2020Q1 2020Q2 Current 188.39 216.23 239.87 276.21 254.65 Assets Non-current 627.90 680.82 724.82 725.31 739.37 assets Total Assets 816.29 897.05 964.69 1,001.52 994.02 Current Liab 42.42 74.88 87.42 105.05 101.49 Non-current 148.3
Slide 10: Most Recent 3 Years Financial Ratios
Most Recent 3 Years Financial Ratios 2017 2018 2019 2020Q1 2020Q2 Debt Ratio 23% 25% 30% 30% 29% Current Ratio 444% 289% 274% 263% 251% Net profit 18% 11% 6% 0% 11% Margin ROA(%)Note 15% 9% 3% 0.08% 0.8% ROE(%)Note 17% 10% 4% 0.11% 1.17% Note: Excluding the amount of investment real estate accounts
Slide 11: Dual Focus Development Strategy
Dual Focus Development Strategy CPDC incorporates Petrochemical Industry and Land development as the main strategy with the goals of sustainable development, creating value for stockholders and a focus on CSR . 11
Slide 12: Petrochemical Business
CPL Petrochemical Bulk raw Integrated production, Business materials Trade, transport, storage AN 12
Slide 13: Petrochemical Operations
Petrochemical Operations CPDC Taipei office Toufen CPL Production 200k tons/yr Nylon Chips Production 36k tons/yr Jiangsu Rudong Weiming Petrochem Jiangsu Rudong CPL Production 300k tons/yr Weihua Trading Nylon Chips Production 100k tons/yr Shanghai Hsiaokang CPL Production WeiQiang Trading 200k ton
Slide 14: Most Recent 3 Years Production & Sales
Most Recent 3 Years Production & Sales Unit：10k Tons Unit：10k Tons 40 38.0 CPL 30.0 AN 36.5 37.4 35.1 Nylon6 31.1 29.7 21.6 30 20.7 21.0 20.8 21.1 21.4 20.0 20 10.7 10.9 10.0 10.4 10 8.0 0.0 0 2017 2018 2019 2020H1 2017 2018 2019 2020H1 AN Production AN Sales CPL Production CPL Sales PA6 Sales 14
Slide 15: Fine Chemicals Business
Petrochemical Fine From Innovative R&D to Business Chemicals Mainstream Market Application 15
Slide 16: Fine Chemicals Operations
Fine Chemicals Operations CPDC Taipei office Toufen Fine Chemicals Dajia Changzhou DOPO／SPB Weicai New Material Qiaotou Engineering plastics 16
Slide 17: Land Development Business
PROPERTIES DEVELOPMENT ACTIVATION LAND SALES & DEVELOPMENT RESOURCING LEASING BUSINESS 17
Slide 18: Land Development Operations
Land Development Operations Taipei Core Pacific Plaza Commercial Building Myanmar Vietnam 5A Section 6 Section Xiande sec Kaohsiung Short, medium and long- term development and lease 18
Slide 19: Product Focus
Product Focus Respect．Innovation．Care．Excellence．Green Business Effective integration of the Petrochemical Industry Expand new business in Land Development
Slide 20: Product Development
Product Development 己CPL 內醯胺 AN 下游 Downstream Downstream PMMA 20
Slide 21: Automotive Industry
Application field Automotive Industry [Automobile] • Outer-base light lamp • Cylinder head cover • Seat accessories • Rearview mirror mounting base • Door handle • Sunroof frame • Windshield wiper • Air vent blades [Motorcycle] • Brake bracket • Rear armrest • Motor housing • Exhaust pipe heat shiel
Slide 22: Optical Lenses Industry
Application field Optical Lenses Industry • Digital camera • Smartphone • Projector • Drone • Single-lens reflex camera • Surveillance system • Dash cam • Tablet • Projector device
Slide 23: Display Industry
Application field Display Industry • Television • Digital advertising • Laptop • Desktop computer • Food ordering system • Tablet • Automobile display • Smart phone • Smart watch • AR/VR & Wearable Devices
Slide 24: Antimicrobial Industry
Application field Antimicrobial Industry • Pesticide for citrus • Mildewproof gap filling • Metal cutting fluid • Antibacterial household detergent • Fungicide for environment • Cosmetic preservatives
Slide 25: Consumer Electronics Industry
Application field Consumer Electronics Industry • PCB flame retardant • PC frame and dock • Laptop body • Projector shell • Wifi router • Electric motorcycle battery box • Charger shell • Optical film • Adhesive for electrical parts
Slide 26: Paints & Coatings Industry
Application field Paints & Coatings Industry • Blades for wind turbine • Wood apparatus • Coil materials • Ship • Bridge • Electrical parts
Slide 27: Household Industry
Application field Household Industry • Food packaging • Bottle • Container • Dental materials • Medical Packaging • Transparent utensils • Sealant
Slide 28: Real Estate Development Strategy
Real Estate Development Strategy From Taiwan to Developable overseas properties • Integration of real • Re-plan and estate develop efficiently development PROPERTIES to drive the experience DEVELOPMENT development of • Multi-level planning • Creating value and ACTIVATION the surrounding areas. achie
Slide 29: Development－Core Pacific Plaza in Taipei
Development－Core Pacific Plaza in Taipei • This project will be a top grade office complex. The ground floor and basement B1 will contain commercial office and building mechanical space, and will maintain the original urban commercial atmosphere. • The architectural plan calls for four office buildi
Slide 30: Development－Xiande sec. Residence in Kaohsiung
Development－Xiande sec. Residence in Kaohsiung • This project will be a high-quality, green, Site exquisite residential building; 27 floors high Area Ping) with six floors underground. • The architectural plan calls for a purely Coverage ratio : 60% residential building, designed based on “Kaohsiung
Slide 31: Development－Southward Development Planning
Development－Southward Development Planning Vietnam Myanmar The scope of the assessment includes The scope of the assessment is Ho Chi Minh City, Hanoi, Da Nang and centered on Yangon City surrounding areas. and the surrounding areas. 31
Slide 32: Properties activation－5A Section Kaohsiung Multi-function Commerce Park
Properties activation－5A Section Kaohsiung Multi-function Commerce Park in Kaohsiung • The project area is expected to be under the third comprehensive review of urban planning next year, and the land is currently planned for lease cooperative use. • It is hoped that the overall commercial developme
Slide 33: Sales & leasing－Parami Rd. Joint Venture building in Myanmar
Sales & leasing－Parami Rd. Joint Venture building in Myanmar • This project is located in the 1.Parami downtown area of Yangon, Rd. adjacent to Yangon's largest 0.144 Acres lake, Inya Lake. It was built in cooperation with local partners. The upper floors are for Inya Lake residential use and the lo
Slide 34: Q&A
Q&A 34
China Petrochemical Development — Investor Conference 2020 on 6ix