Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Taiwan Stock Exchange thematic performance presentation (August 2017)
27 slides from Eternal Materials's conference presentation, Aug 29, 2017
Slide 1: Eternal Materials Co., LTD. - The Overview of UV Curable Industry
Eternal Materials Co., LTD. Embrace the World The Overview of UV Curable Industry Based in Asia Rooted in Taiwan Mark Chen, Vice President 2017/08/29 Eternal Materials Co. LTD.
Slide 2: Outline
Outline • Introduction Company Profile ‧ History ‧ Core Technology ‧ Main Product Production Sites ‧ Global Revenue ‧ Financial Feature ‧ Index Significance • UV Curable Technology Features ‧ Related Industries ‧ Applications ‧ Global Market Global Demand ‧ Eternal Capacity ‧ Sales Ratio ‧ Future De
Slide 3: Introduction - Company Profile
Introduction - Company Profile Business: Electronic and Chemical Materials Founding: 1964 Number of Production Sites: 25 Number of Employees: 5088 Capital: NTD 11.6 billion Revenue: NTD 38.7 billion Headcounts of Researchers：600 (R&D expenditures accounted for 3.6% of sales revenue) 3
Slide 4: Introduction - History
Introduction - History 1964 1985 1989 2000 2004 2008 2016+ 4
Slide 5: Introduction – Core Technology
Introduction – Core Technology Functional Resin Synthesis En ent y n-m fet vir Core Sa o Technology Quality Chemical Precision Formulation Processing 5
Slide 6: Introduction – Main Product
Introduction – Main Product Alkyd Resins ‧ Acrylic Resins ‧ Saturated Polyester Resins ‧ Oil-free Polyester Resin Resin Paper-phenolic Copper Clad Resins ‧ Phenolic Resins ‧ Amino Resins Materials Materials 53% 53% Laminate ‧ Dry Film Photoresist Adhesive ‧ Polyester Polyols Resins for Material ‧ Ph
Slide 7: Introduction – Production Sites
Introduction – Production Sites Northeast Global Production Sites :25 China (1) Japan(2) •Taiwan ： 3 • Ogaki Plant •China ： 17 North • Yingkou • Kodama Plant •Thailand ： 1 China (1) •USA ： 1 • Tianjin •Japan ： 2 •Malaysia ： 1 Southwest China (2) • Chengdu USA (1) • Chongqing East China (8) • Virgini
Slide 8: Introduction – Global Revenue
Introduction – Global Revenue ：NTD billion) (Unit： 50 45 40 35 30 Others 25 Taiwan 20 China 15 10 5 0 2012 2013 2014 2015 2016 8
Slide 9: Introduction – Financial Feature
Introduction – Financial Feature Unit：NTD Million Subject / Year 2014 2015 2016 2017H1 Net Sales 40,343 38,487 38,680 19,057 Gross Profit 7,780 8,747 8,582 3,410 Operating Expense 4,950 5,349 5,453 2,685 Operating Income 2,829 3,397 3,129 726 Net income 2,307 2,872 2,606 759 EPS 2.26 2.81 2.38 0.68
Slide 10: Introduction – Index Significance
Introduction – Index Significance 1964 Established in Kaohsiung, Taiwan with capital of NTD 800,000 1988 Joint venture with DSM Resins BV and DSM Resins (Far East) Co., Ltd. established 1994 Company listed on the Taiwan Stock Exchange on March 31 1995 1st overseas plant established in China ,“Eterna
Slide 11: UV Curable Technology – Feature
UV Curable Technology – Feature Green Performance UV Curable Materials Efficiency Economical 11
Slide 12: UV Curable Technology – Related Industries
UV Curable Technology – Related Industries UV Curable UV Curable Petrochem Materials Application (Meth) Acrylic Acid UV Monomer Coating Glycol UV Oligomer Ink Epoxy Resin Photoinitiator Adhesive Photoresist Isocyanate Additives Material …Others …Others …Others 12
Slide 13: UV Curable Technology – Ink
UV Curable Technology – Ink Printing / Packaging Printing Decorating Film 13
Slide 14: UV Curable Technology – Coating
UV Curable Technology – Coating Cosmetic / Appliance Cosmetic Appliance 14
Slide 15: UV Curable Technology – Coating
UV Curable Technology – Coating Flooring / Furniture Flooring Furniture 15
Slide 16: UV Curable Technology – Coating
UV Curable Technology – Coating Automotive Interior Carlamp 16
Slide 17: UV Curable Technology – Electronics
UV Curable Technology – Electronics PCB / LCD Dry Film Photoresist Material Optical Film 17
Slide 18: UV Curable Technology – Electronics
UV Curable Technology – Electronics Touch Panel / Disk Touch Panel CD/DVD 18
Slide 19: UV Curable Technology – Others
UV Curable Technology – Others 3D Printing / Lens 3D Printing Lens 19
Slide 20: UV Curable Technology – Global Market
UV Curable Technology – Global Market MT 500,000 Taiwan 450,000 400,000 ASEAN 350,000 300,000 Northeast Asia 250,000 200,000 China 150,000 Europe 100,000 50,000 America 0 2015 2016 2017 2018 2019 2017 Market demand: 430,000 Mt (100,000Mt in-house demand excluded) --North America: 120,000Mt & Europe:
Slide 21: UV Curable Technology – Global Supply
UV Curable Technology – Global Supply MT 2017 80,000 70,000 60,000 2016: 480,000 Mt 50,000 2017: 500,000 Mt 40,000 30,000 20,000 10,000 0 1. 2016 global supply is about 480,000 Mt Demand is about 410,000 Mt, Operating rate 85% 2. 2017 forecasted global supply is about 500,000 Mt Demand is about 430,
Slide 22: Capacity of Eternal
UV Curable Technology – Capacity of Eternal Zhuhai Luchu, Taiwan Suzhou 22
Slide 23: Capacity of Eternal
UV Curable Technology – Capacity of Eternal Guangzhou Luchu, Taiwan Shanghai 23
Slide 24: UV Curable Technology – Eternal Sales
UV Curable Technology – Eternal Sales 70,000 57,491 57,956 60,000 50,000 45,422 45,030 45,306 40,000 Quantity 30,000 (Mt) 20,000 10,000 - 2013 2014 2015 2016 2017 (forecast) 24
Slide 25: UV Curable Technology – Eternal Market Share
UV Curable Technology – Eternal Market Share Sales Area Market Share 25
Slide 26: UV Curable Technology – Future Development
UV Curable Technology – Future Development Improving & Optimizing Novel Market & Application Development To increase 10,000Mt capacity LED Curable in Q4 2017 EB Curable 3D Printing Exporting Expanding Green & High Value Products Latin America Waterborne UV Materials South Asia UV Hot Melt PSA Nordic
Slide 27: Q&A Thank you!
Q&A 807高雄市三民區建工路578號 TEL：+886-7-383-8181 FAX：+886-7-383-7952 E-mail：diamond_dai@eternal-group.com Thank you !
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