Nan Ya Plastics Corporation · TWSE:1303
Nan Ya Plastics — Q3 2023 Earnings Presentation
14 slides from Nan Ya Plastics's earnings presentation, December 2023
Slide 1: Nan Ya Plastics 2023 3Q Operations & Performance
Nan Ya Plastics 2023 3Q Operations & Performance Dec. 2023
Slide 2: Agenda
Agenda • Overview • Financial Highlights • Annual Outlook • Capacity Expansion Plan • Q&A
Slide 3: Overview: Highlights
Overview Highlights Market Capitalization NT$ 540.1billion (Nov. 2023) Market Capitalization Total number of NT$ 355.2 billion Plants 106 (Y2022, not include Sales Worldwide Nanya Tech. Co.) -59 in Taiwan Revenue Distribution Sales breakdown -39 in China -12% in plastics -8 in US -23% in che
Slide 4: Leading market positions for capacity
Overview Leading market positions for capacity 1 2 3 4 Plastics processing Epoxy resin Glass fabrics PA Copper foil BPA Copper clad EG laminate Electronic glass fiber yarn ※Plasticizer products ranked 5th 2
Slide 5: Overview: History
Overview History Nan Ya USA Plastics Processing &America Co. Nanya Tech Co. Chemicals Texas 1958 1979 Louisiana South Carolina 1995 1999 Electronics Investing in Xiamen Polyesters & Nan Ya PCB Co. Guangzhou China Nantong 1969 1986 1994 Huizhou Kunshan Ningbo 3
Slide 6: Major Businesses
Overview Major Businesses Sales breakdown in 2022 Plastics 12% Electronics 45% PVC Sheeting, PVC Rigid China & Others 25% Glass Yarn, Glass Fabrics, Film, PU Leather, PVC Epoxy Resin, Copper Foil, China 51% Rigid Pipe & Fittings, USA 14% Copper Clad Laminate, Window & Door Frames, Printed Circuit Bo
Slide 7: Consolidated Revenue by Quarter (IFRS)
Financial Highlights Consolidated Revenue by Quarter (IFRS) (NT$ billion) 100.0 82.6 -18.6% 67.3 63.7 5.5% 67.3 50.0 0.0 3Q22 3Q23 2Q23 3Q23 Revenue in 2023 3Q decreased 18.6% YOY due to: Global economic conditions were unfavorable this year, with insufficient consumer momentum, leading to lower s
Slide 8: Pre-tax Income by Quarter (IFRS)
Financial Highlights Pre-tax Income by Quarter (IFRS) 10.0 (NT$ billion ) 6.35 -16.1% 5.33 $5.33 5.0 178.7% 1.91 0.0 3Q22 3Q23 2Q23 3Q23 2023 3Q pre-tax income decreased 16.1% YoY due to： 1. Operating profit decreased NT$2.82bn. Mainly due to the weakened demand of electronic material products. 2.
Slide 9: EPS (IFRS)
Financial Highlights EPS (IFRS) (NT$ dollar ) 0.80 0.60 0.55 0.55 0.43 0.40 0.20 0.12 0.00 3Q22 3Q23 2Q23 3Q23 EPS in 2023 3Q increased NT$0.12 YoY due to： Mainly due to the increased investment income under the equity method from FPCC and etc., causing a slight increase in EPS. EPS in 2023 3Q i
Slide 10: Revenue Breakdown (Quarter)
Financial Highlights Revenue Breakdown (Quarter) 2022 3Q Net Sales 2023 2Q Net Sales 2023 3Q Net Sales NT$ 82.6 billion NT$ 63.7 billion NT$ 67.3 billion Plastics Others 1.6% Plastics Others 2.1% Plastics Others 2.5% 13.1% 15.1% 14.6% Polyesters Polyesters Polyesters 19.6% 17.8% 17.2% Chemicals Elec
Slide 11: Operating Profits Breakdown by Product Segment
Financial Highlights Operating Profits Breakdown by Product Segment Operating Profits Operating Margins 350.0% 311.70% 296.60% 20.0% 17.7% 250.0% 189.80% 199.30% 170.80% 15.0% 14.2% 150.0% 172.60% 133.30% 10.0% 10.0% 50.0% 24.2% 12.80% 44.50% 0.1% 6.7% 5.7% 6.3% 4.8% 5.0% -1.0% -50.0% 10.10% -12.3%
Slide 12: Annual Overlook
Annual Overlook 4Q23 Overlook The imposition of anti-dumping duties on downstream PC in mainland China and shipping disruptions at the Panama Canal, affecting the sales of BPA and some other products. Due to year-end inventory checks, along with geopolitical conflicts and the ongoing technology wa
Slide 13: Capacity Expansion Plan
Business Overview Capacity Expansion Plan Annual Capacity Estimated Area Product Unit Commissioning Current Date Expansion Increase% (Note1) Wide Semi-Rigid Film KMT 0 12 100 2024/4 PBAT CHIP KMT 0 36 100 2024/6 Polyester Release Film (5th set) KM2 360,000 144,000 40 2024/7 Taiwan Polyester Release
Slide 14: THE END
THE END