Evergreen Marine Corp. (taiwan) Ltd. · TWSE:2603
Evergreen Marine Corp. (taiwan) — Q2 2021 Earnings Presentation
25 slides from Evergreen Marine Corp. (taiwan)'s earnings presentation, 2021
Slide 1: Evergreen Marine Corp. 2021 Investor Conference
Evergreen Marine Corp. 2021 Investor Conference TSE: 2603
Slide 2: Legal Disclaimer
Legal Disclaimer • The information contained in this presentation, including all forward-looking 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 upda
Slide 3: Outline
1. Company Overview 2. Financial Results 3. Container Shipping Outlook Outline 4. Business Strategy
Slide 4: Company Overview
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Slide 5: Our Position
Our Position Highlights 202 vessels Group Total Fleet Number 1.39 Operational Capacity 10+ 57 2020 Lifting in Million TEU 5.6% Capacity Market Share 665K TEU Fleets of Order book 12 Own Seaport Terminals 313 Global Offices and Agency 118 150+ 250+ 7 Global coverage Weekly services Terminal serving t
Slide 6: Financial Results
CORPORATION (TAIWAN) LTD. AND SUBSIDIARIES 4,985,031 4.985.031 Financial Results
Slide 7: Highlights: Consolidated Income Statement Q2 2021
Consolidated Income Statement Q2 2021 Unit：NT$ Millions Container OPERATING REVENUE Commission Manufacturing Others, 3.41% Item 2021Q2 and Agency Income, 0.44% Income, 2.02% Operating Revenue 99,966 Highlights Ship Rental and Slottage Operating Cost (45,229) Income, 0.41% Marine Freight Gross Profit
Slide 8: Highlights: Consolidated Income Statement 2021H1
Consolidated Income Statement 2021H1 Commission UNIT：NT$ Millions Container OPERATING REVENUE and Agency Manufacturing Income, Item 2021H1 Income, 0.48% Others, 3.46% 1.99% Ship Rental and Slottage Operating Revenue 189,920 Highlights Income, 0.47% Operating Cost (88,566) Marine Freight Gross Profit
Slide 9: Highlights: Current Ratio and Debt Ratio
Current Ratio (Unit：%) Debt Ratio(Unit：% ) 180% Current Ratio Debt Ratio 90% 168.04% 160% 76.75% 75.49% 80% Highlights 73.74% 145.39% 69.63% 140% 70% 118.41% 61.69% 120% 113.68% 60% 99.95% 54.30% 100% 94.76% 50% 80% 40% 60% 30% 40% 20% 20% 10% 0% 0% 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 9
Slide 10: Highlights: Operating Income and Margins
Operating Income：NT $ 100 Millions 1,000 1,000 Operating Income Gross Profit Margin (%) Net Income Margin (%) 60% 900 54.76% Highlights 900 51.82% 50% 800 48.80% 45.43% 700 40% 647 600 33.25% 550 30% 500 24.46% 24.99% 435 439 20% 400 17.25% 17.24% 300 10% 6.79% 8.76% 200 0% 100 -1.69% 0 -10% 10 2020
Slide 11: Highlights: Cargo Volume, Freight Rate and Fuel Price
Cargo Volume：10 thousands TEU 2,366 Cargo Volume Average O/F Rate Fuel price/ton 2,300 165 2,100 Highlights 2,031 145 1,900 1,800 1,751 125 1,700 1,589 1,606 1,500 105 1,448 1,216 1,300 85 933 865 1,100 831 968 796 66 66 66 65 65 65 63 62 63 62 62 900 65 57 55 700 45 428 434 449 437 367 403 500 301
Slide 12: Alphaliner 2021 EBITDA Margin
Alphaliner 2021 EBITDA Margin 60.00% EBITDA Margin% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 1Q20 2Q20 3Q20 4Q20 1Q21 Maersk CMACGM HapagLloyd EMC ONE COSCO T o p 3 T a i wan ese C o n t ain er L i n e s 60.0% EMC YML WHL 40.0% 20.0% 0.0% Q2 2020 Q3 2020 Q4 2020 12Q1 2021
Slide 13: Industry Outlook
Industry Outlook 13
Slide 14: Industry Outlook
Industry Outlook 2021- 2022 Between Risk and Opportunity The threaten of Delta variant and the recovery of Global Economy. Inflation and the Monetary Policy Supply Chain Security and Stability 14
Slide 15: Industry at a glance
Industry at a glance Shipping Intelligent Data source: 15
Slide 16: North American market forecast and layout
North American market forecast and layout Data Source: USA GOV data and statistics : MarcoMirco USA GDP & Retailer Sales 美國 新屋開工數 USA Housing Starts & Building&營建許可 Permits & &成屋庫存 Supply of Existing Homes Shipping Intelligent USA Retailer Sales (YoY, R) USA Real GDP USA Housing Starts (SARR,L) USA
Slide 17: European market forecast and layout
European market forecast and layout Data Source: ec.Europa.eu – European Commission website - data and statistics : MarcoMirco Shipping Intelligent EURO Zone Economic Sentiment Indicator EURO Zone PMI EURO Zone HICP EURO Zone Unemployment Rate 17
Slide 18: Emerging Markets
Emerging Markets Data Source: South East Asia Government website : MarcoMirco ASEAN GDP 10 : MarcoMirco 5 0 Indonesia Malaysia Philippines Singapore -5 Thailand Vietnam Shipping Intelligent -10 2019 2020 2021 2022 2023 2024 2025 ASEAN GDP Items Thailand Philippines Malaysia Indonesia Vietnam Class 1
Slide 19: SCFI Trend Index
Data Source: SCFI 8,000 2017年 2018年 2019年 2020年 2021年 EMC 6,000 4,000 2,000 - 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 Shipping Intelligent SCFI Trend 2017 2018 2019 2021 CN Y W6 CN Y INDEX W5 CN Y W7 CN Y W4 19 周次
Slide 20: Business Strategy
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Slide 21: Strategic Partner with Global Layout
Business Strategy Strategic Partner with Global Layout 13 loops Intra-Mediterranean Services 2 loops Trans- Atlantic 6Caribbean 21 loops Trans-Pacific loops Feeder networks 5 loops Asia-APG Services 2 5 loops loops Asia- India Services 6 loops Asia-Red Seas Services Asia-South America 56 loops Intra
Slide 22: GHG Emission
Business Strategy GHG Emission Eco Friendly & Eco Friendly & High Efficiency Smart Ship Smart Ship MASS (Maritime, Autonomous Surface ships Under Study Executing LNG Fuel Ship Hybrid/H2 Ships CO2 Free/Zero Emission Ships Completed Alternative Fuels Fuel Call H2 Carrier EEXI Design EEDI EEDI EEDI EED
Slide 23: Optimal Arrangement Keep competition advantage
Business Strategy Optimal Arrangement Keep competition advantage O Type 2021 LOA 195 M 2,634 TEU E Type 2001 L Type 2012 B Type 2017 C Type 2019 A Type 2021 LOA 300 M 6,332 TEU LOA 335 M 9,532 TEU LOA 211 M 2,926 TEU LOA 172 M 1,984 TEU LOA 400 M 23,992 TEU EEXI EEXI Before 2010 2012-2013 2017-2018
Slide 24: Shipping Digitalization & UEUI
Business Strategy Shipping Digitalization & UEUI Smart Fleet Management System (Big data technology of consolidated database of WNI/Inmarsat/Stowage Plan) Shipping digitalization (iOT, blockchain, API & solution) Booking platform - ShipmentLink & GreenX e Bill of Lading - Bolero Shipping Standardiza
Slide 25: Thank you
FL ASAE YN Thank you
Evergreen Marine Corp. (Taiwan) — Q2 2021 Earnings Presentation on 6ix