Evergreen Marine Corp. (taiwan) Ltd. · TWSE:2603
Evergreen Marine Corp. (taiwan) — 2024 Investor Conference
26 slides from Evergreen Marine Corp. (taiwan)'s conference presentation, April 2024
Slide 1: 2024 Investor Conference
Evergreen Marine Corp. 2024 Investor Conference President K.H. Wu TSE: 2603 1
Slide 2: Legal Disclaimer
The information contained in this presentation, including all forward-looking Legal 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 or revise
Slide 3: Agenda
Agenda 01 02 03 04 Company Financial Container Business Overview Information Shipping Strategy Outlook 3
Slide 4: Company Overview
Evergreen Marine Corp. Company Overview 4
Slide 5: Infographic
+ 10 TEU 214 Vessels | Group fleet 2023 lifting/ Millions TEU Infographic 5.8% Capacity market Share 1.65 millions TEU 7 th World ranking 113 Countries Global coverage Operational Capacity + + 13 250 320 150 Offices and Agents Weekly services Owned Terminals Terminal services 5
Slide 6: Financial Information
Financial Information 6 6
Slide 7: Consolidated Income Statement
Consolidated Income Statement Unit：NT$ Millions 2023 Ship Rental & Commission & Agency Income 0.66% 01 Item 2023 Slottage Income Others 0.86% 6.06% Operating Revenue 276,715 Operating Cost (226,785) OPERATING COST Others Port/Terminal Charge Gross Profit (Loss) 49,930 Marine Freight Income 27% 34% 9
Slide 8: Financial Ratios
400% Financial Ratios 02 350% 301.92% 300% 293.51% 284.50% 295.35% 240.87% 250% 206.34% 213.10% 158.46% 200% 150% 100% 50% 44.41% 34.36% 48.98% 37.85% 35.67% 0% 38.32% 34.83% 34.38% 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 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 2,400 2,200 69.09% 69.58% 03 80% 66.37% 70% 2,000 62.14% 60.29% 60.45% 1,800 60% 1,750 1,600 1,708 1,704 50% 41.01% 1,400 1,200 40% 31.66% 1,000 1,110 30% 800 22.16% 28.36% 20.48% 600 728 697 20% 668 674 400 12.81% 9.
Slide 10: Quarterly Consolidated Operating Income
Quarterly Consolidated Operating Income 2,000 (NT $100 Millions) 04 1,750 1,800 1,708 1,704 1,560 1,600 1,435 1,400 1,200 1,110 1,000 1,000 900 886 800 728 697 674 647 668 550 600 435 439 400 200 0 Q1 Q2 Q3 Q4 2020 2021 2022 2023 2024 10
Slide 11: Consolidated Operating Revenue, Volume and Fuel
Consolidated Operating Revenue, Volume and Fuel USD 2,400 (NT $100 Millions) 05 10 thousands TEU 600 2,200 550 2,000 500 1,800 450 1,600 400 1,400 350 1,166 1,200 1,104 1,071 300 1,007 922 907 881 907 1,000 862 840 844 841 250 787 763 780 800 200 518 532 572 595 576 600 500 491 493 495 495 526 534 5
Slide 12: Container Shipping Outlook
Container Shipping Outlook 12
Slide 13: Global Economic Outlook
01 Global Economic Outlook Positive development Real Gross Domestic Product Growth Forecast 3.5% 3.3% 3.2% 3.2% 3.2% 3.0% 3.1% 3.0% 2.9% 2.6% 2.7% 2.4% IMF World Bank OECD 2022 2023 2024 2025 Source: IMF (2024 Apr.)、World Bank、OECD 13
Slide 14: Major Economies Economic Outlook
02 Major Economies Economic Outlook Slow but Positive Real Gross Domestic Product Growth Forecast 5.2% 4.6% 4.1% 3.4% 3.0% 2.5% 2.7% United States 1.9% 1.9% 1.5% Euro Area 0.8% 0.4% China 2022 2023 2024 2025 Source: IMF (2024 Apr.) 14
Slide 15: Major Economies Purchasing Managers' Index (PMI)
03 Major Economies Purchasing Managers' Index (PMI) ●U.S.A - ISM PMI ●CHINA - Official Manufacturing PMI ●Europe - Manufacturing PMI The Manufacturing Purchasing Managers' Index (PMI) reflects the manager's view of the economic outlook, the index is between 0% ~ 100%. If it is higher than 50%, it me
Slide 16: Shipping Market's Supply and Demand
04 Shipping Market’s Supply and Demand Alphaliner 12.0% 9.7% 10.0% 8.2% Drewry 8.0% 6.0% 5.2% Clarksons 10.0% 8.1% 8.0% 4.0% 3.0% 10.0% 8.0% 8.0% 5.2% 2.5% 5.0% 2.8% 3.8% 4.6% 2.5% 2.0% 5.0% 3.1% 0.7% -0.3% 0.3% 0.0% 0.0% 0.0% 2023 2024 2025 2023 2024 2025 2023 2024 2025 -2.0% Fleet Capacity Growth
Slide 17: Containerized Freight Index
05 Containerized Freight Index Shanghai Containerized Freight Index 6,000 4,856 5,000 4,685 4,312 4,208 4,000 3,295 3,292 Q1 2,780 3,000 Q2 2,130 2,165 1,906 1,820 Q3 2,000 1,427 1,202 Q4 934 901 979 985 988 1,065 1,000 0 2020 2021 2022 2023 2024 Jan 21 2020 COVID Mar 11, 2020 WHO ddeclared Covid-19
Slide 18: Red sea issue
06 Red sea issue New York Atlantic Ocean Rotterdam EUROPE The typical Singapore to Rotterdam sea voyage is almost 40% longer via the Cape compared to the Suez Canal Suez Canal ASIA Red Sea Round trip AFRICA +4,600 Nautical mile Singapore Round trip +7,000 Nautical mile Indian Ocean Cape of Good Hope
Slide 19: Panama Canal
19 BRAZIL MEXICO 07 Panama Canal Number of river crossings 、 Draft restrictions
Slide 20: Business Strategy
Business Strategy 20
Slide 21: Ocean Alliance
01 Ocean Alliance A stabilizing factor in uncertain times 2024-2027 2032 2037 OA Duration Cooperative routes Cooperative TEUs Day 8 2024/04/01 – 2025/03/31 37 4.80 Million TEU Day 7 2023/01/01 – 2024/03/31 40 4.62 Million TEU Day 6 2022/04/01 – 2022/12/31 42 4.43 Million TEU Day 5 2021/04/01 – 2022/
Slide 22: Eco-friendly Fleet
02 Evergreen Fleet Greenhouse Gas Emission Reduction Roadmap 120 100.45 Baseline (2008) 100 91.34 83 80 75.42 68.62 62.58 (g/TEU-KM) 57.31 60 52.81 Eco-friendly Fleet 48.13 47.49 44.78 41.2 41.12 42.68 38.2 40 31.7 Emission Reduction Roadmap 20 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 201
Slide 23: Digitalization
03 Digital Container Shipping Association Operational Vessel Schedule & Commercial Schedule Just in time port call optimization Digitalization Track & Trace eBooking Paperless eBL Tacoma, WA Rotterdam Key Terminals Oakland, CA Los Angeles, CA Abu Quir Kaohsiung Panama Colon Singapore Opera
Slide 24: Smart Reefer
04 Smart Reefer GEO Communication Inmarsat IOT Take advantage on satellite & IoT technology for marine transportation MEO Navigation WNI, WNI CII monitoring system LEO REEFER ONLINE Reefer Unit Smart Reefer Cargo Tracking On-line monitoring： Temperature Humidity 39,000+ Cold Treatment unit (
Slide 25: ESG Pathway
05 ESG Pathway 2022 & 2023 2023 Sustainable development • ISO 14064 & GHG Protocol Inventory and Verification • ESG Task Force • ISO 14067 Footprint Inventory and Verification • Participate in Sustainable assessments • ISO 27001 Information technology - Security techniques - Constituent of the FTSE4
Slide 26: Thank You
SER; _ THANK You @3
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