Daxin Materials Corporation · TWSE:5234
Daxin Materials — Investor Conference 2023.12.13 TWSE Information Display Center
21 slides from Daxin Materials's conference presentation, Dec 13, 2023
Slide 1: Investor Conference
Daxin Materials Corporation Investor Conference 2023.12.13
Slide 2: Disclaimer
Disclaimer DAXIN’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward- looking statements. Except as required by law, we undertake no obligation to updat
Slide 3: Agenda
Agenda Operating Result Operational Highlights & Outlook Daxin proprietary & confidential 2/19
Slide 4: Operation Results
Operation Results Daxin proprietary & confidential 3/19
Slide 5: Sales by Quarter
Sales by Quarter Unit: NTD M 1,500 1,000 500 0 Q1 Q2 Q3 Q4 2022 Sales 1,196 1,048 728 917 2023 Sales 962 1,130 1,174 695 * *2023/10-2023/11 The year-to-date (from Jan to Nov) sales was NT$ 3,961 million, which increased 10.8% year-over-year. Remark：the figure of 2023Q4 has not been audited. Daxin
Slide 6: Sales by Product
Sales by Product Daxin proprietary & confidential 5/19
Slide 7: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Nine months ended Sep. 30 (In NT$ millions unless otherwise noted) 2023 Q1 2023 Q2 2023 Q3 2023 2022 YoY% Operating revenue 962 100.0% 1,130 100.0% 1,174 100.0% 3,267 100.0% 2,972 100.0% 9.9% Operating costs 651 67.7% 739 65.4% 748 63.7% 2,138 65.5% 2,
Slide 8: Sales and EPS
Sales and EPS Q3 YTD 2023 Daxin proprietary & confidential 7/19
Slide 9: Consolidated Balance Sheets Highlights
Consolidated Balance Sheets Highlights (In NT$ millions) Sep. 30, 2023 Sep. 30, 2022 YoY YoY % Cash and cash equivalents 265 5.7% 196 4.6% 69 34.9% Current financial assets at 889 19.0% 1,033 24.4% (144) (14.0%) amortized costs Accounts receivable 1,228 26.3% 813 19.2% 415 51.0% Inventories 385 8.2%
Slide 10: Consolidated Cash Flow Highlights
Consolidated Cash Flow Highlights Nine months ended Sep. 30 (In NT$ millions) 2023 2022 Income before tax 483 384 Depreciation and amortization 193 164 Other operating activities (202) 166 Net cash flows from operating activities 402 623 Acquisition of property, plant and equipment (170) (173) Dispo
Slide 11: Dividend Policy
Dividend Policy High Payout Ratio Policy Cash Stock Dividend Year EPS Dividends Dividends Payout Ratio 2022 4.15 3.3 0.0 80% 2021 6.62 5.3 0.0 80% 2020 6.15 5.0 0.0 81% 2019 6.33 5.0 0.0 79% 2018 6.38 5.0 0.0 78% Daxin proprietary & confidential 10/19
Slide 12: Operation Highlights & Outlook
Operation Highlights & Outlook Daxin proprietary & confidential 11/19
Slide 13: Locations
Locations HQ / R&D Center – Taichung Sales Office Suzhou Sales Office Shenzhen AMC II – LCD Materials Plant Sales Office Taoyuan AMC I – Taichung (AMC : Advanced Manufacturing Center) AMC II – SEMI Materials Plant Under planning Kaohsiung AMC I and AMC II – LCD Materials Plant: - High-volume manuf
Slide 14: Product Domains
Product Domains Semi- Display conductor Materials for Materials for LCD Advanced Processes MicroLED Green Energy Advanced Packaging & Key Raw Materials Daxin proprietary & confidential 13/19
Slide 15: Y2023 Achievements
Y2023 Achievements Display LCD Color Filter_ Photo Spacer : Conducted high-resolution PS to new production lines. Maintain worldwide leading position. LCD Cell_ PI Alignment Layer : Expanded PSA* PI production to major panel makers. Improve revenue growth with adoption of new models in 2024. L
Slide 16: Y2023 Achievements (Semiconductor)
Y2023 Achievements Semi- conductor Advanced Packaging (Wafer Level / Panel Level) - Release layer : HVM* and new customers verification. - PR Strippers A : HVM* and demand growth in 2024. - Highly-selective Cu etchant A : SVM* and Qualification. Wafer Fabrication (Advanced Process / Mature Proce
Slide 17: R&D Plans - Display
R&D Plans - Display Improve competitiveness by expediting production of key raw materials and optimizing manufacturing processes. Develop high-performance materials and low-temperature curing materials for ESG consideration. LCD Color Filter LT* curing photo spacer LCD Cell & Array LT* curin
Slide 18: R&D Plans - Semiconductor
R&D Plans - Semiconductor Improve synthesis and purification technologies of semiconductor-grade ultra-high purity chemicals. Establish technical capabilities for analysis and detection of ultra-trace impurities and nanoparticles. Advanced Packaging High-resolution Advanced Process - BEOL phot
Slide 19: Operation Plans - Semiconductor
Operation Plans - Semiconductor Develop New Materials Speed up troubleshooting of customer production line issues during semiconductor materials verification. Develop new materials for next generation advanced processes and advanced packaging Cooperate with Global Top Companies Expand strategi
Slide 20: Q&A
Q&A Daxin proprietary & confidential 19/19
Slide 21: Thank you
Thank you
Daxin Materials — Investor Conference 2023.12.13 TWSE Information Display Center on 6ix