China Motor Corporation · TWSE:2204
China Motor — Q2 2021 Earnings Presentation
15 slides from China Motor's earnings presentation, Aug 25, 2021
Slide 1: China Motor Corporation 2021/Q2 Investor Conference
China Motor Corporation 2021/Q2 Investor Conference (ticker symbol：2204) Aug. 25, 2021 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of China Motor Corporation (“CMC”). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. F
Slide 3: Agenda
Agenda 14:20 China Motor Corporation Investor Conference 2021/Q2 Investor Conference 8 Opinion Exchange 15:00 Presenter：Cheng-Chang Huang Vice President 3
Slide 4: Outline
Outline CMC's Sales Performance from Jan. to Jul. and Operating Results in 2021/Q2 1. 2021 1~7 Sales Performance 2. 2021/Q2 Financial Statements : Income Statement 3. 2021/H1 Financial Statements : Income Statement 4. 2021/Q2 Financial Statements : Balance Sheet CMC's Prospect in 2021/Q3 一、CMC’s Pro
Slide 5: Sales Performance from Jan. to Jul.
CMC's Sales Performance from Jan. to Jul. 1. 2021 1~7 Sales Performance CMC’s sales performance was excellent in Jan ~Apr, 2021. The impact of the Covid-19 outbreak in May had been alleviated, resulting in positive growth from Jan. to Jul. compared to the same period last year. (OEM, Imported Vehicl
Slide 6: 2021/Q2 Financial Statements: Consolidated Income Statement
CMC's Operating Results in 2021/Q2 2. 2021/Q2 Financial Statements: Consolidated Income Statement unit：NTD in millions 2021/Q2 2021/Q1 QoQ 2020/Q2 YoY Revenues 7,550 8,645 -13% 7,116 6% Gross Profit 1,671 1,625 3% 1,297 29% Operating Income 718 792 -9% 379 89% Non-Op. Income and 802 752 7% 629 28% E
Slide 7: 2021/Q2 Financial Statements: Consolidated Income Statement
CMC's Operating Results in 2021/Q2 2. 2021/Q2 Financial Statements: Consolidated Income Statement Operating Performance: • The gross profit YoY was 29%, and the operating income YoY was 89%. Due to the pandemic in May and June, the sales performance only increased by 446 units (YoY 4%). However, bec
Slide 8: 2021/H1 Financial Statements: Consolidated Income Statement
CMC's Operating Results in 2021/Q2 3. 2021/H1 Financial Statements: Consolidated Income Statement unit：NTD in millions 2021/H1 2020/H1 YoY Revenues 161.95 147.78 10% Gross Profit 32.96 26.22 26% Operating Income 15.10 8.94 69% Non-Op. Income and Expenses 15.54 8.15 91% Income Before Tax 30.64 17.09
Slide 9: 2021/H1 Financial Statements: Consolidated Income Statement
CMC's Operating Results in 2021/Q2 3. 2021/H1 Financial Statements: Consolidated Income Statement Operating Performance: • The gross profit YoY was 26%, and the operating income YoY was 69%. Although affected by the pandemic in May and June, CMC sold 26,300 units, an increase of 2,169 units (YoY 9%)
Slide 10: 2021/Q2 Financial Statements: Balance Sheet
CMC's Operating Results in 2021/Q2 4. 2021/Q2 Financial Statements: Balance Sheet unit：NTD in millions Account Title 2021/6/30 2020/12/31 QoQ 2020/6/30 YoY Total Assets 56,778 54,598 4% 50,480 12% Cash, Cash Equivalent 10,354 10,404 0% 7,963 30% Investments Accounted for 23,979 23,633 1% 22,507 7% U
Slide 11: Prospect in 2021/Q3
CMC's Prospect in 2021/Q3 1. CMC's sales performance in 2021/Q3 is expected to grow compared to 2020/Q3 Est. units Electric Domestic Sales Export Sales Baseline Scooter 2020/Q3 2021/Q2 *OEM and imported vehicles included • Although the outbreak of the pandemic affect the sales performance in May and
Slide 12: eMOVING new electric scooters launch-EZ1
CMC's Prospect in 2021/Q3 2. eMOVING new electric scooters launch-EZ1 To meet the diversified needs of consumers, EZ1 uses the Gogoro Network Battery Swapping Platform. There are more than 2,130 GoStation sites in Taiwan. 6月改款上市 6月安全進化上市 註：以上價格已扣除南投縣汰舊換新補助8,000元，工業局補助7,000元(認證中)，環保署補助1,000元及購車金5,000
Slide 13: eMOVING's new electric scooters launch-EZ1
CMC's Prospect in 2021/Q3 2. eMOVING’s new electric scooters launch-EZ1 Weight (Including battery): 80kg Seat-height: 740mm Trunk size: 21.6 L Front boxes & hook 6月改款上市 6月安全進化上市 13
Slide 14: Thank You for Watching
ChAC THANK YOU FOR WATCHING
Slide 15: Opinion Exchange
Opinion Exchange (ticker symbol ：2204)