Turvo International Co., Ltd. · TWSE:2233
Turvo International — Q3 2024 Earnings Presentation
18 slides from Turvo International's earnings presentation, Nov 20, 2024
Slide 1: Turvo International Co., LTD 3Q24 Investor Conference
Turvo International Co., LTD 3Q24 Investor Conference Stock Code：2233 Speaker：Alex Tsai Nov 20, 2024
Slide 2: Disclaimer
Disclaimer The forecast information mentioned in this presentation and related information released at the same time, including the operation outlook, financial status and business forecast, etc., is the information obtained by the company based on internal information and the overall external eco
Slide 3: Agenda
Agenda Company Background Core Competency Business Strategy Financial Performance Sustainable Development 3
Slide 4: Company Background
Company Background MAINLAND CHINA Establishment Date December 29, 1987 Capital Amount TWD$602,881 (thousand) Location NO.59, JING 2ND RD., WUCI DIST., TAICHUNG CITY 435, TAIWAN (R.O.C.) Precision metal components for Automobile, Main Products Bicycles, Medical devices and Industrial Number of Employ
Slide 5: Core Competency
Core Competency ISO 13485 IATF 16949 Automotive ISO9001 Medical Devices Quality 1 Professional Precision Metal Quality Quality Management Management Parts Processing Management System System System Certification Certification Introducing Advanced Equipment 2 to Improve Production Efficiency and Qual
Slide 6: Business Strategy
Business Strategy Expand Core Proactive and Continuous Launch OBM Products Applications Innovation • Automobile • Develop new products to satisfy • Planetary Gear Reducer components customers’ need • RV Gear Reducer • Bicycle components • Accelerate exploring non-auto • Harmonic Gera Reducer • Medic
Slide 7: Business Strategy – Expand Core Applications
Business Strategy – Expand Core Applications Electric Axle Drive Engine Injector GDI, High Pressure Pump Transmissions Control (TC) Braking System Variable Cam Timing (VCT) Air Suspension Turning to Become 7
Slide 8: Business Strategy – Expand Core Applications
Business Strategy – Expand Core Applications Bicycle Parts • Shock absorbers • Front forks • Hubs • Seat post parts Medical Components • Core components of insulin injector Industrial Automation • Global industrial automatic sensors • Hydraulic control systems Turning to Become 8
Slide 9: Business Strategy – Proactive and Continuous Innovation
Business Strategy – Proactive and Continuous Innovation Non-ICE Fuel Cell & Thermal Management System ADAS Sensor Braking System Vehicle Products /Shared Compon ent End Applicati ons E-bike Surgical Instruments Turning to Become 9
Slide 10: Recent Achievements of Planetary Gear Reducers
Business Strategy – Proactive and Continuous Innovation Recent Achievements of Planetary Gear Reducers Turning to Become 10
Slide 11: Harmonic Gear Reducer and RV Gear Reducer
Business Strategy – Proactive and Continuous Innovation Harmonic Gear Reducer RV Gear Reducer Semiconductor Equipment Application e-VTOL TIME Nov 11, 2024 Edition 19th Turning to Become 11
Slide 12: AI Server Liquid Cooling System & UQD
Business Strategy – Proactive and Continuous Innovation AI Server Liquid Cooling System & UQD Turning to Become 12
Slide 13: Seize the Opportunity
A TURVO Brand ·Sensor ·Hub > Seize the Opportunity Advance Steadily
Slide 14: Annual Revenue by Product
Annual Revenue by Product 100% 9% 9% 9% 8% 6% 5% 7% 9% 9% 20% 6% 7% 8% 8% 9% 6% 9% 10% 8% 29% 80% 5% 7% 8% 9% 12% 10% 14% 19% 20% 60% 40% 80% 77% 74% 73% 74% 73% 71% 67% 65% 20% 0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 YTD Automobile Bike and others Industry Medical Turning to Become 14
Slide 15: Quarterly Revenue by Product & Region
Quarterly Revenue by Product & Region By Product By Region 100% 100% 4% 9% 7% 9% 10% 9% 5% 4% 5% 6% 5% 6% 7% 6% 5% 9% 7% 29% 27% 23% 80% 11% 14% 16% 80% 30% 31% 60% 60% 40% 77% 80% 40% 73% 71% 71% 67% 70% 65% 67% 64% 20% 20% 0% 0% 3Q23 4Q23 1Q24 2Q24 3Q24 3Q23 4Q23 1Q24 2Q24 3Q24 Automobile Bike and
Slide 16: Financial Performance – Historical P&L
Financial Performance – Historical P&L Unit: Million 2024 Year 2020 2021 2022 2023 Q1~Q3 Revenue 2,538 3,233 3,350 3,337 2,769 Gross Profit 823 1,149 1,104 1,091 1,027 GM(%) 32.43% 35.55% 32.94% 32.70% 37.09% Operating 405 649 545 532 539 Profit OPM(%) 15.95% 20.08% 16.26% 15.93% 19.47% Net Income 3
Slide 17: Sustainable Development
Sustainable Development Enhancing GE Implementation Turvo has applied for SBTi, submitting its emission Installation of solar power systems, smart meters, reduction commitment, now published on the and activated carbon air pollution control organization’s website. The company integrates "Eco- equipm
Slide 18: Thank You Q & A
TURUO \ Thank You — ; O&A =