Slide 1: SUN MAX TECH LIMITED 2018 1Q
Stock Code：6591 SUN MAX TECH LIMITED 2018 1Q 1
Slide 2: Disclaimer
Confidential © 2018 Disclaimer The following pages contain projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but they involve ri
Slide 3: Contents
Confidential © 2018 Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 3
Slide 4: Contents
Confidential © 2018 Contents Company Profile Major Products Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 4
Slide 5: Company Profile
Confidential © 2018 Company Profile Established Date:Nov.28,2013 President：Vincent Hsu Paid in Capital：NT$237 mn Main Business：DC brushless cooling fan development, manufacturing and sales Highlights: Sun Max is the world's leading provider of gaming PC cooling fans with tailor-made and hi
Slide 6: Major Products
Confidential © 2018 Major Products Major Products: Cooling Fan for VGA card, power supply, computer cases, CPU cooler, and other customized products DC Fan for automotive (cooling or ventilation), industrial application (inverter and transformer cooling), home appliances, etc. http://www.sun-max.com
Slide 7: Supply Chain of Cooling System
Confidential © 2018 Supply Chain of Cooling System Major Clients include first-tier graphics card brands such as ASUS, MSI, Gigabyte, and EVGA. The product lines cover the majority of mid- to high-end pc cooling . All the products are self- developed with outstanding quality The total demand for
Slide 8: Product Mix (by Applications)
Confidential © 2018 Product Mix (by Applications) Industrial & Home 家電&工業電腦 Appliances 2016年度 Industrial & Automotive & 2017 1Q 其他 2% Automotive & 2018 1Q Home Appliances Others &通訊 3% Others 6% 1% Communication 9% 2% Communication 4% 6% PC PC 一般散熱風扇(DT) 6% 9% 22% 電競顯示卡(DT) 66% Gaming PC Gaming PC 8
Slide 9: Contents
Confidential © 2018 Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 9
Slide 10: 2018 1Q Income Statement (YoY)
Confidential © 2018 2018 1Q Income Statement (YoY) Unit: NT$ Thousands/ NT$ (NT$ Thousands) 2018 1Q % 2017 1Q % YoY(%) Total Revenue 419,808 100% 213,417 100% 97% Gross Profit 112,438 27% 58,424 27% 92% Operation Expenses 41,033 10% 36,053 17% 14% Operation Income 71,405 17% 22,371 10% 219% Non-Op I
Slide 11: 2018 1Q Income Statement (QoQ)
Confidential © 2018 2018 1Q Income Statement (QoQ) Unit: NT$ Thousands/ NT$ (NT$ Thousands) 2018 1Q % 2017 4Q % QoQ(%) Total Revenue 419,808 100% 423,284 100% -- Gross Profit 112,438 27% 110,509 26% 2% Operation Expenses 41,033 10% 62,186 15% -- Operation Income 71,405 17% 48,323 11% 48% Non-Op Inco
Slide 12: Dividend Policy
Confidential © 2018 Dividend Policy Unit: NT$ 10 9 8 7 6 EPS 5 Dividend 4 3 2 1 0 2017 2016 NTD 2017年 2016年 EPS 4.26 8.86 Dividend 2.00 3.00 Cash Div 2.00 1.50 Stock Div - 1.50 http://www.sun-max.com.tw 12
Slide 13: Contents
Confidential © 2018 Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 13
Slide 14: Vertical Integration
Confidential © 2018 Vertical Integration Product Development Leading professional vendor in cooling fan manufacturing. To improve management of the cost , quality, lead time, Mold development Production and transportation, Sun Max highly integrated the order Vertical integration. All process in hous
Slide 15: Contents
Confidential © 2018 Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 15
Slide 16: eSports Market Future Outlook
Confidential © 2018 eSports Market Future Outlook NewZoo research shows that 2017 global eSport market scale was USD 696 million and is expected up to USD 1,488 million by 2020. The CAGR of 2015 - 2020 is approximately at 35.6%. eSport NB brands eSport PC graphic cards http://www.sun-max.com.t
Slide 17: Graphics Card Industry Future Outlook
Confidential © 2018 Graphics Card Industry Future Outlook *Gaming computers and peripheral equipment industries grow rapidly *eSport games, screen resolution, virtual reality applications are increasing -High End AIB(Add-in-Board) accounts for 44% of the global GPU market share -Screen and game reso
Slide 18: Road Map of VR Application
Confidential © 2018 Road Map of VR Application 2015-2018 2018-2023 2023-2030 Gaming (VR) Interaction( VR/AR) Commerce(VR/AR) VR Helmet AR/VR Housing, Shopping And Gaming PC 3D/4D Retail Industry eSports Interaction Tools Market Value(E) Market Value(E) Market Value(E) USD 8 billion USD 68 billion US
Slide 19: Contents
Confidential © 2018 Contents Company Profile Operation Results Core Competitiveness Industry Overview Future Prospects http://www.sun-max.com.tw 19
Slide 20: R&D Road Map Automotive Application
Confidential © 2018 R&D Road Map Automotive Application Application 2017 2018 2019 2020 2021 2022 2023 AVN Automotive HVAC Charging Station Seat Ventilation Develop Verification Mass Small Size、Low Power Medium/Large Size、High Power Production AVN: Audio Video Navigation http://www.sun-max.com.tw HV
Slide 21: R&D Road Map NB, Pump, LED
Confidential © 2018 R&D Road Map NB 、Pump、LED Application 2017 2018 2019 2020 2021 2022 2023 NB NB Blower CPU Water VGA PUMP NB E-sports LED Application Develop Current Models New Models Mass Production http://www.sun-max.com.tw 21
Slide 22: R&D Road Map Home Appliance, Health Appliance
Confidential © 2018 R&D Road Map Home Appliance, Health Appliance Application 2017 2018 2019 2020 2021 2022 2023 Robot Home Appliance Cleaner Air Purifier Humidifier Health Mask Fan Develop Current Models New Models Mass Production http://www.sun-max.com.tw 22
Slide 23: Thank You Very Much
Stock：6591 SUN MAX TECH LIMITED Thank You Very Much 23