Evergreen Marine Corp. (taiwan) Ltd. · TWSE:2603
Evergreen Marine Corp. (taiwan) — Evergreen Marine — 2025 Investor Conference
24 slides from Evergreen Marine Corp. (taiwan)'s conference presentation, September 2025
Slide 1: Evergreen Marine Corp. 2025 Investor Conference
Stock code 2603 Evergreen Marine Corp. 2025 Investor Conference Wilson Chen 1
Slide 2: Legal Disclaimer
Legal Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, further events or otherwise, and Evergreen Marine Corp. (the “Company”) undertakes no obligation to publicly update
Slide 3: Agenda
Agenda 01 Company 02 Financial 03Container Shipping 04 Business Overview Information Outlook Strategy 3
Slide 4: Company Overview
01 Company Overview 4
Slide 5: Company Overview
Company Overview 7 World Ranking th 1.90 295 5.7% Millions TEU Operational Capacity Global Offices and Agents Capacity Market Share 231 101 14 10+ Millions TEU Vessels Countries Owned Terminals Group Fleet Global Coverage 2024 Lifting 5
Slide 6: Financial Information
02 Financial Information 6
Slide 7: Consolidated Income Statement 2025H1
Consolidated Income Statement 2025H1 Commission & Agency Income Others 4.96% 0.12% Unit：NT$ Millions Financial Information Ship Rental & Item 2025 H1 Slottage Income 1.03% Operating Revenue 196,455 Operating Operating Cost (144,460) Revenue Marine Freight Gross Profit (Loss) 51,994 Income 93.95% Ope
Slide 8: Financial Ratios
Financial Ratios 300% 240.87% Financial Information 250% 213.10% 218.09% 200.44% 208.10% 209.60% 200% 187.00% 150% 132.12% 100% 50% 37.85% 35.67% 35.30% 36.89% 34.53% 40.29% 34.10% 33.31% 0% 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 Current Ratio Debt Ratio 8
Slide 9: Quarterly Consolidated Operating Income, Gross Profit Margin and Net Income Margin
Quarterly Consolidated Operating Income, Gross Profit Margin and Net Income Margin (Unit: NT 100 Millions) 1,800 60% Financial Information 52.59% 1,600 50% 1,400 41.43% 1,200 35.34% 40% 33.75% 1,000 30.28% 30% 800 28.75% 27.55% 21.38% 21.62% 25.31% 600 20.56% 20% 400 13.13% 10% 200 886 1,063 1,528 1
Slide 10: Quarterly Consolidated Operating Income
Quarterly Consolidated Operating Income Unit: NT 100 Millions 2,000 Financial Information 1,800 1,708 1,750 1,704 1,528 1,560 1,600 1,435 1,400 1,158 1,200 1,100 1,110 1,063 1,000 1,000 900 865 886 800 728 697 668 674 600 400 200 0 Q1 Q2 Q3 Q4 2021 2022 2023 2024 2025 10
Slide 11: Consolidated Operating Revenue, Volume and Fuel
Consolidated Operating Revenue, Volume and Fuel USD 10 thousands TEU 2,000 500 1,821 1,767 Financial Information 1,800 1,659 450 1,600 1,408 400 1,420 1,356 1,400 350 1,245 1,228 1,245 1,149 1,200 1,092 300 1,064 1,066 984 1,000 952 250 800 200 548 557 551 543 520 520 527 600 503 504 498 499 501 483
Slide 12: Container Shipping Outlook
03 Container Shipping Outlook 12
Slide 13: World Economic Outlook
World Economic Outlook Slow growth and high uncertainty World Economic Outlook Growth Projection 7.0 6.1 6.0 5.4 5.3 Container Shipping Outlook 5.0 5.1 4.8 4.7 5.0 4.2 4.0 3.5 3.3 3.43.5 2023 3.03.1 2.92.8 2024 3.0 2.42.4 2.4 2.42.4 2025 2.2 1.92.0 2026 2.0 1.2 0.91.0 1.0 0.5 0.0 World Output United
Slide 14: Supply & Demand
Supply & Demand Influencing factors: Tariff war, Red Sea crisis, Port congestion Cellular Fleet Growth vs Global Throughput 35 15 30 10.3 Container Shipping Outlook 8.2 10 7.6 7.2 25 6.6 5.8 4.0 4.1 2.9 5 20 1.8 Fleet Capacity(year end, Mteu) 3.8 4.5 4.5 3.8 % Annual Capacity Growth 15 2.5 1.8 2.0 0
Slide 15: Market Freight Indicators
Market Freight Indicators Shanghai Containerized Freight Index 5,000 SCFI USWC USEC EUR MED 10,000 4,000 3,000 Container Shipping Outlook 5,000 2,000 1,000 - - 22 Q1 22 Q2 22 Q3 22 Q4 23 Q1 23 Q2 23 Q3 23 Q4 24 Q1 24 Q2 24 Q3 24 Q4 25 Q1 25 Q2 25 Aug. 5,955 4,702 4,553 5,000 3,920 3,208 2,845 2,685
Slide 16: Shipping Industry Financial Indicator
Shipping Industry Financial Indicator EBITDA Margin 60.00% 57.00% Market EVERGREEN 50.00% Container Shipping Outlook 39.80% 46.73% 38.60% 40.00% 36.40% FY 2024 Market Average 28.30% 28.80% 34.75% 30.00% 28.28% 31.43% 30.55% 2025 H1 Market Average 20.00% 22.26% 22.83% 25.53% 10.00% 24 Q1 24 Q2 24 Q3
Slide 17: Business Strategy
Business Strategy 17
Slide 18: Cooperative Capacity and Routes by Period
Duration Routes Vessels Cooperative TEUs Day 9 2025/04/01 – 2026/03/31 38 330 4.95 Million TEU Day 8 2024/04/01 – 2025/03/31 37 338 4.80 Million TEU Day 7 2023/01/01 – 2024/03/31 40 330 4.62 Million TEU Day 6 2022/04/01 – 2022/12/31 42 333 4.43 Million TEU Business Strategy Day 5 2021/04/01 – 2022/0
Slide 19: Changes in major trade lane cargo volume
Changes in major trade lane cargo volume FE-EUR 9.1% FE-USA FE-North America FE-Europe -0.8% TEU 2024 2025 25/24% 2024 2025 25/24% Q1 4,391,446 4,741,387 8.0% 4,112,340 4,495,121 9.3% Q2 4,961,671 4,548,569 -8.3% 4,680,326 5,084,424 8.6% Business Strategy Q3 1,805,989 1,774,461 -1.7% 1,597,253 1,758
Slide 20: Changes in major trade lane capacity
Changes in major trade lane capacity Far East - Europe & Far East - North America Weekly Capacity (TEU) 600,000 FE-USA 2025 H1 Average 24H1 vs 25H1 549,109 560,000 4.8% 2024 H1 Average FE-EUR 524,032 Total TEU (Nominal) FE-USA 520,000 FE-EUR 480,000 24H1 vs 25H1 2025 H1 Average 2024 H1 Average 5.5%
Slide 21: Capacity Growth
Capacity Growth 2021-2029 Group Capacity 2025 – 2030 Top 10 Carriers Newbuilding Delivery Schedule 3,000,000 100.0 0 500K 1000K 1500K 2000 K 2500 K 3000K MSC 2684 2,750,000 2,513,320 80.0 Maersk 846 2,500,000 2,364,031 2,406,773 69.7% CMA CGM 1662 2,250,000 62.5% 2,074,061 60.0 1,955,553 59.6% COSCO
Slide 22: Green Ships
Green Ships New dual-fuel ships Total (Owned＋Chartered) Proportion of Dual-Fuel Vessels in Fleet Cumulative Cumulative Number Number TEU TEU Number Capacity (TEU) (Incl. dual-fuel) (%) (%) 2025 2 33,156 228 1,927,757 0.1% 1.7% 2026 9 149,202 233 2,040,889 3.9% 7.3% 2027 33 498,162 247 2,332,073 13.4
Slide 23: Market Expansion 2026 ~ 2030
Market Expansion 2026 ~ 2030 Europe Add 1 service and enlarge vessel type to 24K TEU Mediterranean Asia America Expand regional routes Launch Bay area routes and enlarge Launch North China-Indonesia, Central China-Philippines new vessel type service Caribbean Sea Near East Plans to put 3K TEU vessel
Slide 24: THANK YOU
THANK YOU 24