Slide 1: Fusheng Precision Co. Ltd. 2023/Q3
Fusheng Precision Co. Ltd. TWSE：6670 2023/Q3 Dec. 07, 2023 1
Slide 2: Company Profile
Company Profile Financial Performance Key Messages Q&A 2
Slide 3: Fusheng Group Key Milestones
Fusheng Group Key Milestones 1953 1992 2001 2004 2010 2018/7 2018/12 Fusheng Group Set up GS in China Established Acquired and set Group Restructuring Invested NFT FSP listed in founded Electronics Division up FSPT Became the first off- Fusheng Precision: An aerospace casting TWSE The founding busin
Slide 4: Our Plant Sites
股票代號：6670 Our Plant Sites Zhongshan Aubo (Golf Club Head Accessories) Zhongshan Worldmark Headquarter & Taoyuan Factory 1,000+ (TiW front-end/Forge/IPP) (TiW back-end/MW&IR whole process/Carbon Fiber) 800+ 6,000+ Vietnam Vision FS Precision Tech (MW&IR whole process (Automotive/Aerospace Products) /
Slide 5: Major Customers
Major Customers My ae Collins Aerospace GE Aviation id E.TeN BAUER ce [- ©Fujikura Pate Arras uo ere H@ WMA. ZINN PRs © YAMAHA ® DUNLOP tha h PING S/\ZNG A FUSHENG
Slide 6: Financial Performance
Company Profile Financial Performance Key Messages Q&A 6
Slide 7: Statement of Comprehensive Income
股票代號：6670 Statement of Comprehensive Income (In NT$ millions) 3Q 2023 2Q 2023 QoQ 1Q~3Q 2023 1Q~3Q 2022 YoY Net Revenue 5,225.3 5,057.1 3.3% 17,369.1 24,499.6 -29.1% Gross Margin 1,211.8 964.8 25.6% 3,793.2 5,994.2 -36.7% Operating Margin 570.3 360.0 58.4% 1,909.2 3,995.6 -52.2% Profit before Tax 64
Slide 8: Operating Performance
股票代號：6670 Operating Performance Sales Net Profit EPS EBITDA GM % EBITDA % 40,000 40 6,000 35% 36.64 5,518 35,000 33,716 35 5,000 30% 30,000 30 4,000 25.6% 3,83825.6% 25,000 23,215 25 22.8% 24.6% 25% 22.6% 3,223 22.9%23.6% 2,784 3,050 21.8% 20,000 20 3,000 20.1% 21.6% 16,49917,002 17,201 18.03 17,369
Slide 9: Sales by Products
股票代號：6670 Sales by Products In NT$ Millions 35,000 33,716 3% 10% 30,000 5% Others 10% 25,000 23,215 Baseball & Softball bats 4% 10% Aerospace & Automotive Parts 20,000 17,201 4% 4% 16,008 6% Skates & Boots & Protective Gears 5% 10% 5% 14,228 15,000 4% 4% 5% 17,369 5% Club Head Accessories 4% 4% 1% 4
Slide 10: Balance Sheet
股票代號：6670 Balance Sheet (In NT$ millions) 2023/9/30 % 2023/6/30 % 2022/9/30 % Cash 4,683 25.3% 7,206 35.6% 3,641 16.8% Account Receivables 3,174 17.1% 2,879 14.2% 5,121 23.7% Inventories 2,859 15.4% 2,399 11.9% 4,796 22.2% Current Assets 11,488 62.0% 13,179 65.1% 14,681 67.9% PPE 5,164 27.9% 5,147 2
Slide 11: Key Messages
Company Profile Financial Performance Key Messages Q&A 11
Slide 12: Key Message - Golf Industry
股票代號：6670 Key Message - Golf Industry US Rounds Played – 2022 vs. 2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec • US Sep. 2023 Total Equipment Market : +13.0% YoY Sep ’23 vs ’22: Dollars +4.1% +2.7% +2.5% +3.9% YTD -0.2% Sep ’23 vs ’19: Dollars +48.0% -2.6%-2.5% -2.4% -2.8% -3.7% -7.5% -5.7%
Slide 13: Q&A
Company Profile Financial Performance Key Messages Q&A 13