China Glaze Co., Ltd. · TWSE:1809
China Glaze — Q2 2024 Earnings Presentation
24 slides from China Glaze's earnings presentation, Sep 26, 2024
Slide 1: Investor Conference
法人說明會 Investor Conference 2024.Sep.26 Stock Coed:1809
Slide 2: Disclaimer
免責聲明 Disclaimer 本簡報是建立於本公司從各項來源所取得之資訊，有些資訊可能受未來不 確定性因素影響，致使與原先本公司對於未來前景的說明迥異。未來若有 變更或調整時，請以公開資訊觀測站公告資訊為依據。 This presentation is based on the information obtained from various sources which the Company believes to be reliable. But at some point in the future, there are a variety of factors which coul
Slide 3: Agenda
會議議程 Agenda 公司簡介 Company Overview 營運狀況 Operating Status 未來展望 Future Strategies & Plans 3
Slide 4: Company Overview
01 公司簡介 Company Overview
Slide 5: Company Milestone
公司重要沿革 Company Milestone 1974 公司創立，為台灣首家生產製造陶瓷用熔塊釉的製造工廠 China Glaze Co., Ltd. was funded as the first ceramic frit glaze manufacturer in Taiwan 1984 開發成釉產品並導入市場 Develop Glaze product and launch to the market 1986 色料研發完成並導入市場 Develop Pigment product and launch to the market 1992 成立廣東三水大鴻制釉有限公司 Establ
Slide 6: Company Milestone
公司重要沿革 Company Milestone 1996 榮獲台灣證券交易所審查通過股票上市 (股票代號1809) China Glaze Co., Ltd listed on the Taiwan Stock Exchange and trading began on April 30, 1996 2000 獲BVQI認証通過 ISO-14001 Received the French BVQI ISO-14001 environmental management 2005 成立印尼中釉有限公司 Established P.T. China Glaze Indonesia 2006 成立山
Slide 7: China Glaze Group Organization
中國製釉集團組織圖 China Glaze Group Organization 股東會 董事會 審計委員會 薪酬委員會 誠信經營推動小組 董事長 稽核室 總經理 總經理室 研發中心 各委員會 資訊室 新材料事業部 陶瓷事業部 經理室 品 特 光 建 產 研 製 營 營 管 財 勞 保 用 電 材 品 發 造 二 一 理 務 安 部 化 材 部 應 部 部 部 部 部 部 課 學 料 用 7 部 部 部 不
Slide 8: Operating Base
@ BMPR RAWARAS) = ie Rh Operating Base pA GHINA GLAZE GROUP 2006 FU eee UN r BR KARWARAS) i hee eda 1996 Meise EE Lcy Nal] fou. sicelamtaaomsans som Harcnctn epi ore Soa =e 2009 BBE ei Gain LSA HARA A) URE 98 8 Fre R28 Sings naeaeoe ooNe ene ee PHAR AARAS] PIE? BSH Bet BRAS) =T FRR PGES h Be al De P
Slide 9: Main Business Units
主要事業單位 Main Business Units 陶瓷原料 建築材料 新材料 玻璃螢光片 Phosphor in glass 陶瓷色釉料 Ceramic frits & Glaze 玉晶石 Crystallized glass for Building Material 電子級玻璃 Electronic grade glass 陶瓷數碼墨水 Ceramic printing inks 全固態電池材料 Solid-state battery materials 9
Slide 10: Operating Status
02 營運狀況 Operating Status
Slide 11: Balance Sheet Overview (Consolidated)
合併資產負債表摘要 Balance Sheet Overview (Consolidated) 單位：新台幣百萬元 Unit：NT$ million 2024 Q2 2023 Q2 金額(Amount) % 金額(Amount) % 現金及約當現金 622 13 697 15 (Cash and cash equivalents) 按攤銷後成本衡量之金融資產-流動 53 1 71 1 Financial assets at amortized cost 應收款項 657 14 604 13 Receivables) 存貨 646 14 743 16 (Inventories) 不動產、廠房及設
Slide 12: Statements of Comprehensive Income Overview (Consolidated)
合併綜合損益表摘要 Statements of Comprehensive Income Overview (Consolidated) 單位：新台幣百萬元 Unit：NT$ million 2024-Q2 2023-Q2 增減金額 增減% 營業收入 (Net revenus) 1,210 1,113 97 8.7 營業成本 (Cost of good sold) 976 942 34 3.6 營業毛利 (Gross profit) 234 171 63 36.8 營業費用 (Operating expenses) 238 229 9 3.9 其他收益及費損(NET OTHER OPERATI
Slide 13: Statement of Cash Flow Overview (Consolidated)
合併現金流量表摘要 Statement of Cash Flow Overview (Consolidated) 單位：新台幣百萬元 Unit：NT$ million 2024 Q2 2023 Q2 金額(Amount) 金額(Amount) 營業活動之現金流入 67 62 (CASH FLOWS FROM OPERATING ACTIVITIES) 合併稅前淨利 23 (31) (Net income before tax) 折舊費用 40 41 Depreciation 應收款項 (27) 45 Receivables) 存貨 11 96 (Inventories) 投資活動之現金流出 (
Slide 14: Revenues by Subsidiary
集團銷售分析(依產區營收) Revenues by Subsidiary 2024Q2 2023Q2 1,210 1,200 1,113 1,000 822 792 800 600 400 210 200 141 114 136 39 36 25 8 0 台灣 (Taiwan) 中國 (China) 印尼 (Indonesia) 孟加拉 (Bangladesh) 其他 (Other) 合計 (Total) 14
Slide 15: Revenues by Region (Consolidated)
合併營收地區別同期比較 Revenues by Region (Consolidated) 1,400 2024Q2 2023Q2 1,210 1,200 1,113 1,000 800 600 374 385 400 282 192 197 167 200 133 124 110 102 59 64 40 43 4 8 19 20 0 台灣 (Taiwan) 中國 (China) 印尼 泰國 菲律賓 越南 馬來西亞 孟加拉 其他 (Other) 合計 (Total) (Indonesia) (Thailand) (Philippines) (Vietnam) (Malaysia) (Bang
Slide 16: Gross Profit (Consolidated)
合併營業毛利 Gross Profit (Consolidated) 250 234 2024Q2 2023Q2 200 178 171 150 124 100 50 26 30 20 7 9 10 1 0 0 台灣 (Taiwan) 中國 (China) 印尼 (Indonesia) 孟加拉 (Bangladesh) 其他 (Other) 合計 (Total) 16
Slide 17: Material Cost
原料成本 單位：佔總原料成本百分比 Material Cost Unit：% of total material cost 17
Slide 18: Material Price Trend – 2022~2024-H1
原料價格走勢-2022年1月~2024年6月 Material Price Trend – 2022~2024-H1 18
Slide 19: Future Strategies & Plans
03 未來展望 Future Strategies & Plans
Slide 20: Bangladesh market and Southeast Asia redeployment
—, ERP WOMLES SRR LEER OROM EM HH KER: The ceramic markets in Bangladesh slightly grows by 8% YoY. Since the first half of the year is Islamic New Year holidays, the sales is lower. =. EMHFRHRERGESRAGPH’ BSH BR 6 em Dik WRB IG AR REPRE ° We have redeployed the Southeast Asian market, especially Viet
Slide 21: China market and Miaoli Industrial Park
2, PRTPANRSRURE HRAGE REP OMREEAE The domestic market in China is getting highly competitive with longer payment term. Instead, we select customers carefully and focus on risk control. O. $e RAFHECARMPRRBR’ EPOARHREAR DEM 4G E47 43 EE © v The infrastructure in the Miaoli Industrial Park is complete,
Slide 22: Ch Fh BoM H BSS ea
22 Ch Fh BoM H 5 BSS ea set i
Slide 23: Glass and ceramics core technology extending to electronic applications
六、以玻璃陶瓷為核心技術，延伸至光電、半導體等電子級應用。 With glass & ceramics as the core technology, we extends to electronic applications such as optoelectronics and semiconductors. 23
Slide 24: Thank you
感謝各位投資人蒞臨及對本公司之支持與愛護 Thanks for coming and kindly appreciate your support. 本公司網站：www.china-glaze.com.tw Thank you