Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Q1 2022 Earnings Presentation
25 slides from Eternal Materials's earnings presentation, May 20, 2022
Slide 1: Eternal Materials Co., Ltd. Q1 2022 Earnings Conference
Eternal Materials Co., Ltd. Q1 2022 Earnings Conference Nick Pan Chief Operation Officer Specialty Materials Division Stock symbol 1717 2022/05
Slide 2: Agenda
01. Introduction 02. UV Curable Technology Agenda 03. Financial Information 04. Opportunity and Prospect
Slide 3: Part One: Introduction
PART ONE Introduction 01 Profile Service Network Production Sites Core Technology New Development International Certificate
Slide 4: Profile
01 Profile Chairman - Allen K. L. Kao Core Business - Manufacturing, processing and sales Overall Sales Taiwan 4 Founding Employees Revenue China 13 1964 4,920 USD$ 1,802 Production million Sites USA 1 23 Thailand 1 Headcounts of R&D Notes 1 : Researcher Expenditures Japan 2 Number of Employees on M
Slide 5: Profile
01 Profile One of the One of three One of the leading largest UV leading suppliers of curable suppliers of dry film monomer & synthetic resin photoresist in oligomer in Asia the world suppliers p.5
Slide 6: Profile - FY2021 Product Lines Sales Ratio
01 Profile - FY2021 Product Lines Sales Ratio Resins Materials 49.0% High Performance Materials 21.5% Alkyd Resin、Solvent-Based Acrylic Coating Resin Water-Based Acrylic Coating Resin UV Monomers Acrylic Resin For Adhesives and UV Oligomers Overprinting Others 0.7% Special Coatings sil
Slide 7: Global Service Network
01 Global Service Network Jakarta Global Service Network 34 p.7
Slide 8: Global Production Sites
01 Global Production Sites Global Production Sites 23 p.8
Slide 9: Core Technology
01 Core Technology Resin New Materials PCB Functional Resin Synthesis Precision Chemical Coating Formulation Environment LCD UV IC p.9
Slide 10: New Development
01 New Development Biomaterials High performance resin materials Diagnostic Enzymes for Molecular Biology Advanced packing Organic-inorganic hybrid Diagnostic Enzymes for materials materials Biochemistry of Blood Fluorocarbon polymer Dengue Virus-related Liquid Epoxy Molding Nano-struc
Slide 11: International Certificate
01 International Certificate ISO13485 ISO 9001 ISO50001 ISO14046 ISO14064 BS 8001 ISO45001 p.11 ISO14001
Slide 12: Part Two: UV Curable Technology
PART TWO UV Curable Technology 02 Feature Related Industries Sales Information Eternal Capacity
Slide 13: UV Curable Technology - Feature
02 UV Curable Technology - Feature Performance Energy Economical UV Curable Materials Green Efficient p.13
Slide 14: UV Curable Technology - Related Industries
02 UV Curable Technology - Related Industries Packaging Auxillary Raw Photo- Mercury Lamp/LED/ Cosmetic Material initiator Electron Beam...etc. ICT Automotive/ UV Curable UV Curable Appliance (Methyl)Acrylic Material Application Acid / (Oligomer/ (Coating/Ink/ Furniture/ Glycol..etc Interior Deco Mo
Slide 15: UV Curable Technology - Sales Volumes FY2018-FY2021
02 UV Curable Technology - Sales Volumes FY2018-FY2021 Specialty Materials Volumes YoY% +11.8% +6.5% +3.2% FY2018 FY2019 FY2020 FY2021 p.15
Slide 16: UV Curable Technology - Production Site & Capacity
02 UV Curable Technology – Production Site & Capacity Suzhou, China Luchu, Taiwan Zhuhai, China 98,000 Mt/year) UV Materials (Capacity: UV Coating (Capacity: 7,000 Mt/year) p.16
Slide 17: Part Three: Financial Information
PART THREE Financial Information 03 Balance Sheets Statements of Comprehensive Income Cash Flow Statements
Slide 18: Balance Sheets & Key Indices
03 Balance Sheets & Key Indices Unit：TWD Millions 2022Q1 2021 2020 Amount % Amount % Amount % Cash and cash equivalents 4,991 8 4,444 7 6,170 11 and current financial assets Accounts receivable 19,822 32 20,071 33 17,523 31 Inventories 11,774 19 10,678 18 7,493 13 Financial assets 3,700 6 3,506 6 3,
Slide 19: Statements of Comprehensive Income
03 Statements of Comprehensive Income Unit：TWD Millions 2022Q1 2021 2020 Amount % Amount % Amount % Operating Revenue 12,364 100 50,471 100 38,370 100 Gross profit 2,745 22 10,694 21 8,886 23 Operating expenses (1,674) (14) (6,599) (13) (5,747) (15) Operating Income 1,071 9 4,095 8 3,139 8 Non-opera
Slide 20: Cash Flow Statements
03 Cash Flow Statements Unit：TWD Millions 2022Q1 2021 2020 Amount Amount Amount Cash and cash equivalents at the beginning of the year 4,289 6,108 6,010 Cash flows from operating activities 669 750 4,148 Acquisition of property, plant and equipment (554) (2,049) (1,458) Increase (decrease) in borrow
Slide 21: Part Four: Opportunity and Prospect
PART FOUR Opportunity and Prospect 04 China Market Oversea Market Future Prospect
Slide 22: China Market
04 China Market Market Demand Energy Saving & Carbon Reduction Environmental protection and sustainability are leading the trend in every industry, accelerating the transformation from conventional solventborne system to UV curable. Specialty Materials Volumes Share % in China Smart Manufacturin
Slide 23: Oversea Market
04 Oversea Market Market Demand Stable Demand Economy in Europe and America recovered from the pandemic in 2021. The demand of main applications like graphic arts, wood coating, and plastic coating are stable. Increased Application Bio-based material, adhesive, composite, insulating material, ad
Slide 24: Future Prospect
04 Future Prospect Foreseeable Global Growing • Pandemic, inflation, and Ukraine-Russia conflict make the global economy situation un- predictable. • Energy saving, carbon emission reduction, and smart manufacturing will drive the growth of UV curable industry. Strengthen the lead in China Marke
Slide 25: Q&A Thank you!
Q&A Eternal Materials Thank you！