Taisun Enterprise Co., Ltd. · TWSE:1218
Taisun Enterprise — Q3 2023 Earnings Presentation
20 slides from Taisun Enterprise's earnings presentation, Nov 24, 2023
Slide 1: Taisun Enterprise 2023 Investor Relations Update
（Ticker:1218） Taisun Enterprise 2023 Investor Relations Update November 24, 2023 1
Slide 2: Disclaimer
Disclaimer • The consolidation financial information included in this presentation were prepared based on IFRS and audited by a CPA. • Taisun Enterprise Co., Ltd does not provide financial forecasts. Our actual results of operations, financial conditions or business prospects may differ from those e
Slide 3: Agenda: Taisun Profile, Performance Review, Operating Result
◼ Taisun Profile ◼ Performance Review ◼ 2023 Q1-Q3 Operating Result & 2018 to 2023 Financial Statement 3
Slide 4: Taisun Profile
◼ Taisun Profile “73 years of brand heritage and foundation, embracing the latest trends“ • Core Business: Food & Beverage Key Products • Total Asset： NT$ 16.6 billion ◼ Canned Desserts • Amount of Capital： NT$ 4.9 billion ◼ Bottled Water • Ticker：1218 ◼ Beverages • FY2022 Revenue：NT$ 11 billion ◼ C
Slide 5: Consumer Segment Market Share
Consumer Segment • Household cooking oil, beverage, bottled water, canned desert Market share ➢ Canned Desert #1 ➢ Sparkling Water #1 ➢ Cooking Oil #2 ➢ Rice Bran Oil #1 5
Slide 6: A Well-Known Brand with 73 Years of History
A Well-Known Brand with 73 Years of History Consumer Segment Cooking Oil Desert Grass Jelly Bottled Tea Water Juice Energy Drink Beverage Cooking Oil Mixed Congee Grass Jelly Bing Jeon Pure Water Sunkist BUFF Mesona Blended Oil Peanuts Soup Woo Tang Cha Chu Chi Twist Water Tea/Bing ChefOil Other Des
Slide 7: Continuous Product Innovation for Positive Customer Feedback
Continuous Product Innovation for Positive Customer Feedback Cheers Sparkling Water ➢ Cheers recently launched different sizes, packaging materials and flavor-rich products, including 300ml small size Cheers mini、Plum sparkling water and Cheers+ fruit vinegar sparkling water drink. ➢ In the future,
Slide 8: The Most Complete Series of Oil Products to Protect Consumers' Health
The Most Complete Series of Oil Products to Protect Consumers’ Health More affordable of high-priced imported oil products to create new demand ➢ The first affordable high quality rice bran oil in domestic oil market, with precious elements γ-oryzanol and phytosterol, conveys the concept of "better
Slide 9: Ubiquitous Presence, Myriad Channels
Ubiquitous Presence, Myriad Channels ➢ Over 30,000 retailors, hyper/supermarket places, wholesalers, chain stores, and restaurants in TW are selling Taisun products +2700 Hyper/Supermarket +14600 Convenient Chain Store +10000 Traditional Shop/Chain +2700 H&B Care Chain Others Vending Machine Online
Slide 10: Commercial Segment
Commercial Segment • Restaurant cooking oil , soybean powder ➢ Commercial cooking oil products are popular choice for customers. ➢ Sustained growth in sales number. 10
Slide 11: Diversified Product Portfolio, Fulfilling Various Market Demands
Diversified Product Portfolio, Fulfilling Various Market Demands price market positioning 11
Slide 12: Performance Review
Fell M@ Performance Review
Slide 13: 2023 Operating Highlights And Upcoming Challenges
2023 Operating Highlights And Upcoming Challenges. ⚫ Operating Highlights ➢ The YoY accumulated revenue between Jan to Sep is growth. ➢ Lead lunching parity rice bran oil, become the leading brand. ➢ Sparking water, Cheers, stay No. 1 on the market, expanding market share. ⚫ Up Coming Challenges ➢ R
Slide 14: Percentage Of Sales Revenue 2023 Q1-Q3
Percentage Of Sales Revenue 2023 Q1-Q3 Unit: NTD in million 57% Consumer Segment 4,890 33% Commercial Segment 2,796 7% Oversea 587 3% Others 300 0 1,000 2,000 3,000 4,000 5,000 6,000 14
Slide 15: Sales by Segment and Gross Margin
Revenue growth stable，the challenge of cost rising and consumer power declining is responded by aggressively strategies adjusting Consumer Segment Commercial Segment 7,000 30% 4,500 3.5% 28% 28% 6,040 27% 28% 3,970 6,000 5,43825% 25% 4,000 3,512 3.0% 4,719 4,890 2,698 5,000 3,500 2.9% 4,302 4,341 20
Slide 16: Financial performance in 2023 Q1~Q3 and past years
◼ Financial performance in 2023 Q1~Q3 and past 5 years • Core business growth、profit slide • Expanding product mix 、break status quo 16
Slide 17: 2023 Q1-Q3 Operating Result
2023 Q1-Q3 Operating Result Unit: NTD$1,000 Account 2023 - 1st Half 2022 - 1st Half Difference 2023 – 2nd Half 2022 – 2nd Half Difference Amount % Amount % Amount % Amount % Amount % Amount % Gross Sales 5,273,321 5,314,748 (41,427) -1% 3,300,411 3,135,476 164,935 5% Cost Of Goods 4,663,702 88.4% 4,
Slide 18: 2018 to 2023 Income Statement
2018 to 2023 Income Statment ➢ Under the international uncertainty, although the pressure of raw material costs has eased compared with last year but the challenges of the operating environment still affect profits, caused the ROE and ROA lower than previous years. We continue to develop new product
Slide 19: 2017~2022 Balance sheet
2017~2022 Balance sheet (NT$ 100mn) FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 Q1-Q3 Cash & equivalents 4.66 12.8 11.47 7.72 16.65 85.04 18.74 Accounts receivable 10.48 10.57 10.8 11.68 14.07 15.88 19.41 Inventories 6.27 6.13 6.8 5.72 7.12 15.70 10.92 Other current assets 6.57 3.62 6.55
Slide 20: Investor contact: IR@taisun.com.tw
Investor contact: IR@taisun.com.tw 20