St.shine Optical Co., Ltd. · TPEX:1565
St.shine Optical — Investor Presentation (December 2022)
15 slides from St.shine Optical's investor presentation, Dec 2, 2022
Slide 1: Carol Chou / Spokesperson, 2022.12.2
Carol Chou／Spokesperson 2022.12.2 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice • This presentation contains forward-looking statements and these forward-looking statements are subject to risks, uncertainties and assumptions. The unexpected circumstances arise may cause the differences between the actual results and the company’s expectations. • The forward-l
Slide 3: Contents
Contents The Industry The Company • Market scale • Financial result • Taiwan Custom data • Planning and • Competitors Perspective • Opportunities and Challenges
Slide 4: Global Market scale
Global Market scale Decline by Unit：USD million COVID-19 Worldwide YoY % 12,000 15% 10,000 10% 8,000 5% 6,000 0% 4,000 -5% 2,000 -10% - -15% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022E Data source：Contact Lens Spectrum, St. Shine estimated
Slide 5: Taiwan Customs Import/Export
Taiwan Customs Import／Export Unit：thousand pcs Import Export 2,000,000 1,800,000 1,600,000 81% of 1,400,000 2021 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-3Q Data source：Directorate General of Customs
Slide 6: Export Change of Taiwan Custom
Export Change of Taiwan Custom Unit：thousand pcs Japan China 900,000 800,000 98% of 2021 700,000 600,000 500,000 400,000 62% of 2021 300,000 200,000 100,000 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022-3Q Data source：Directorate General of Customs
Slide 7: Competitions
Competitions 《Overseas》 《Taiwan》 • USA - J&J、Alcon、 • St. Shine Optical (1986) Cooper Vision • Unicon (1992) • Canada - B&L • Yung Sheng (1995) - Ginkno • Spain - Mark'ennovy • Visco (1998) - BenQ Materials • I-See Vision (1999) • Japan - Seed、Menicon • Largan Medical (2004) - Largan Group • Korea -
Slide 8: Financial Result-2022Q3
Financial Result-2022Q3 Unit：thousand NTD 2022 Q1~Q3 2021 Q1~Q3 YoY Operating revenue 3,857,670 100% 4,074,144 100% (5%) Gross profit from operations 1,130,578 29% 1,224,312 30% (8%) Operating Expenses (299,194) (7%) (288,993) (7%) 4% Net operating income 831,384 22% 935,319 23% (11%) Total non-oper
Slide 9: Revenue Breakdown-by region
Revenue Breakdown-by region 2022Q1~Q3 2021Q1~Q3 Taiwan 9% Taiwan 7% Europe 10% Europe 6% Asia 70% Asia 76% America 10% America 11% Unit：thousand NTD 2022 Q1~Q3 2021Q1~Q3 YoY 台灣 332,891 301,401 10% 亞洲 2,698,685 3,104,718 -13% 美洲 441,683 421,762 5% 歐洲 384,411 246,263 56% 合計 3,857,670 4,074,144 -5% The
Slide 10: Revenue Breakdown-by product
Revenue Breakdown-by product 2022 Q1~Q3 2021Q1~Q3 彩片 非彩片 彩片 非彩片 47% 53% 57% 43% Daily lens accounts for 90% above
Slide 11: Planning and Perspective
Planning and Perspective Capacity Planning -Increase production capacity & reduce manpower through R&D of automation/high-efficiency process equipment -Reduce costs to increase R&D competitiveness -Assist channels/customers to -Improve production efficiency of introduce differentiated silicone hydro
Slide 12: Opportunities and Challenges
Opportunities and Challenges USD/NTD 34 32 30 28 26 24 • Color/Aspheric daily -> Asia and EU 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 markets Momentum • Toric -> US and EU markets Growth • Multifocal -> Worldwide markets (over 40 year-old wearers) • Appreciation/D
Slide 13: Own Brand-Ticon family
Own Brand-Ticon family 老花專用 散光日拋
Slide 14: Ticon website, IG, FB, LINE
Ticon website Ticon IG Ticon FB Ticon LINE
Slide 15: Thank You
Thank You" ye ’ 7)
St. Shine Optical — Investor Presentation (December 2022) on 6ix