Slide 1: Sun Max Tech Limited 2020 Investor Conference
Sun Max Tech Limited (TWSE 6591) 2020 Investor Conference
Slide 2: Disclaimer
Disclaimer The following pages contain projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but may involve risks and uncertainties.
Slide 3: Contents
CONTENTS Operation Future Company Results Prospects Profile 2021 Core Competitiveness Industry Overview 3
Slide 4: Company Profile
Company Profile 13
Slide 5: Background
Background Established Date: 2013.11.28 Listing Date: 2017.12.28 Presiden & GM: Vincent Hsu Product : DC Cooling Fans Employee: 55 in Taipei and 1,700 in China Paid in Capital: NT$312 million 5
Slide 6: History
History 1998 2003 2013 2014 2017 2019 Power Logic Dong Guan SUN MAX Power Logic Power Logic Power Logic Tech. Inc. Dong Li Dian Zi TECH (Tai Yi) Co., Listed in TSE, (Jiang Xi Tai Yi) was established Co. Ltd. LIMITED Ltd. Stock Code CO.,LTD in Taipei Established (The Parent Established- 6591 establis
Slide 7: Headquarters and Production Base
Headquarters and Sun Max Tech CO.,LTD Production Base SUN MAX (KY) (6591.TT)) JIANGXI 100% TAI YI 100% UNITED China (CN) STRATEGY (SAMOA) DONG GUAN Jiangxi DONG LI 100% Ji an Taiwan (CN) Guangdong New Taipei City POWER Dong Guan DONG GUAN Power Logic (Jiang Xi TAI YI) CO.,LTD 100% LOGIC HOLDING 100%
Slide 8: Supply Chain & Applications
Supply Chain & Applications Shipping Raw Parts Assembly Cooling Mold Application Ordering Materials Factory Factory Industry (Up Stream) (Mid Stream) (Mid Stream) (Down Stream) Cooling Industrial Intelligent Automotive Gaming NB Netcom 5G Fans Control Home Appliances 8
Slide 9: PC Related Fan
PC Related Fan MSI RTX3080 ASUS TUF RTX3080 Gigabyte RTX3080 EVGA RTX3080 Be quiet Dark Power PRO 12 PREDATOR ORION 3000 MSI Z490 Godlike MSI X570 Gaming Plus Gigabyte Aorus Liquid Cooler 360 9
Slide 10: New LED Fan
New LED Fan Bracket LED Fan Frame LED Fan Narrow frame LED Fan Corner LED Fan 10
Slide 11: Core Competitiveness
Core Competitiveness
Slide 12: Vertical Integration
Vertical Integration Production Product Order Development Mold Development Lead Wire Plastic SMT Processing Injection Processing Impeller Processing Motor Processing Complete Product 12
Slide 13: Automated Manufacturing
Automated Manufacturing SBVERsStC
Slide 14: Operation Results
Operation Results
Slide 15: 2020 Product Mix
2020 Product Mix 2020 / 5% 2020 / 8% 2020 / 84 % 2020 / 1% 2020 / 1% 2019 / 5 % 2019 / 8% 2019 / 83 % 2019 / 2% 2019 / 1% +0% +0% +1% -1% 0% Industrial Control PC Gaming Netcom Automotive / Intelligent / Others Home Appliances 15
Slide 16: 2020 4Q Income Statement (YoY)
2020 4Q Income Statement (YoY) Unit: NT$ Thousands/ NT$/% Item 2020.4Q % 2019.4Q % YOY Total Revenue 488,146 100.0% 335,816 100.0% 45.4% Gross Profit 204,994 42.0% 111,070 33.1% 84.6% Operation Expenses 66,828 13.7% 50,097 14.9% 33.4% Operating profit 138,166 28.3% 60,973 18.2% 126.6% Non-Op Income
Slide 17: 2020 Income Statement (YoY)
2020 Income Statement (YoY) Unit: NT$ Thousands/ NT$/% Item 2020 % 2019 % YOY Total Revenue 1,578,165 100.0% 1,184,812 100.0% 33.2 Gross Profit 533,447 33.8% 313,931 26.5% 69.9 Operation Expenses 234,454 14.9% 176,664 14.9% 32.7 Operating profit 298,993 18.9% 137,267 11.6% 117.8% Non-Op Income (37,0
Slide 18: Industry Overview
Industry Overview
Slide 19: Gaming Industry Forecast
Gaming Industry Forecast 單位：美元 Unit：USD$ 十億/元 Billion/ USD$ 250 200 CAGR 8.3% 200.8 PC 150 159.3 Game 100 Console I Pad 50 Mobile 0 Phone 2019 2020(e) 2021(f) 2022(f) 2023(f) According to Newzoo Global Games Market Report, the global gaming expenses is expected to reach 174.1bn USD in 2020, up 9.3%
Slide 20: dGPU Market Share
dGPU Market Share 120% 100% 80% 60% 71% 75% 80% 40% 20% NVIDIA 29% 25% 20% AMD 0% 2019.Q2 2020.Q1 2020.Q2 According to JPR analysis, NVIDIA dGPU market share was 71% in 2Q 2019, and constantly grew to 75% in 1Q2020 and 80% in 2Q 2020 Source: JPR 20
Slide 21: Server Industry Forecast
Server Industry Forecast Unit：Million Units (Shipments) 25 12.0% CAGR 6.5% CAGR 6.5% 22.107 9.5% 20.546 10.0% 20 19.22 18.013 16.921 8.0% 15.238 15.994 15.06 7.6% 15 6.7% 6.9% 6.0% 6.2% 6.5% 5.8% 10 4.0% 2.0% 5 0.0% 0 -1.2% -2.0% 2018 2019 2020 (e) 2021 (f) 2022 (f) 2023 (f) 2024 (f) 2025 (f) Shipme
Slide 22: Smart Home Appliances Industry Forecast
Smart Home Appliances Industry Forecast Unit：USD$ Billion/ USD$ 80.0 73 70.0 CAGR 14.02% 60.0 50.0 42.4 40.0 30.0 Other Asia 20.0 Eurpoe 10.0 North 0.0 America 2019年 2020(e) 2021(f) 2022(f) 2023(f) 2024(f) 2025(f) According to MarketStudyReport estimate, smart home appliance market grows constantly
Slide 23: Crypto Currency Trends
Crypto Currency Trends The crypto currency trend has seen a 200% increase in the price of Bitcoin since 2020, from a range of approximately US$7,100 at the beginning of the year to more than US$23,000. The increase was particularly concentrated in the past two months. The price was still hovering ar
Slide 24: Future Prospects
Future Prospects
Slide 25: Smart home appliances / Intelligence robot
Smart home appliances /Intelligence robot Intelligent mobile air purifier Small indoor air purifier Car/Desk air purifier Folding ultraviolet sterilizer Personal antibacterial Cooling fan Humidifier Small dehumidifier 25
Slide 26: Automotive Fan Application
Automotive Fan Communication & Application Driving System Air purifier Entertainment devices Air conditioner LED headlamp Instrument cluster Fuel Pump Cooling fan Front bumper Cooling fan Oil/ Water Pump for battery Rear bumper Electronic control system Inside of car body Cooling ststem Rear air con
Slide 27: Niche Market
Niche Market 2021 2022 2023 2024 5G Server 5G Telecom PC Cooking Smart Home Appliances Air Filter Smart Home Appliances Epidemic Prevention Smart Home Appliances 27
Slide 28: Niche Market
Niche Market 2021 2022 2023 2024 Autos AVN Autos HVAC Water Cooling Gaming Water Cooling Netcom 28
Slide 29: Thank you for your interest
Thank you for your interest You may contact Sun Max Tech Limited via website http://www. sun-max.com.tw or e-mail to IR@powerlogic.tw