Good Way Technology Co., Ltd. · TPEX:3272

Good Way Technology — Investor Presentation (December 2023)

51 slides from Good Way Technology's investor presentation, Dec 1, 2023

  1. Slide 1: Good Way Technology Co., Ltd. Corporate Briefing

    Good Way Technology Co., Ltd. Corporate Briefing December 1, 2023 Confidential http://www.goodway.com.tw COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved. http://www.goodway.com.tw COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  2. Slide 2: Legal Notices and Disclaimers

    Legal Notices and Disclaimers The information in this document is confidential to the person to whom it is addressed and should not be disclosed to any other person. It may not be reproduced in whole, or in part, nor may any of the information contained therein be disclosed without the prior consent

  3. Slide 3: Agenda

    Agenda 1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 3 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  4. Slide 4: Company Introduction

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 4 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  5. Slide 5: Company Snapshot

    Company Founded: 1983 Chairman: Robert Tsao Listing: 2014 (Tpex: 3272) Snapshot HQ: HsinDien, Taiwan Products: Docking Stations、IoT、PC Peripherals Factories: Taiwan, China, Vietnam Certification: ISO Certified Sales: HsinDien, Shanghai, California Technologies: HDMI/HDCP, Paid in Capital: NTD512mn V

  6. Slide 6: Global Operations

    Global Operations Headquarters HsinDien Established in 1993 North America Sales Office California China Sales Office Shanghai 1990 est. 2008 est. Taiwan Factory Xizhi 2022 est. China Factory KunShan 2019 est. Xizhi (old) 2020 est. Vietnam Factory Thai Binh 2023 (under construction DG (old) KS (old)

  7. Slide 7: Good Way is a very Innovative ODM Company

    Good Way is a very Innovative ODM Company Confidential http://www.goodway.com.tw 7 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  8. Slide 8: Product Introduction

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 8 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  9. Slide 9: Why Docking Stations?

    Why Docking Stations? Still Remember the Dark Ages? Ages?Remember Confidential http://www.goodway.com.tw 9 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  10. Slide 10: Port Numbers Evolve with Time

    Port Numbers Evolve with Time Confidential http://www.goodway.com.tw 10 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  11. Slide 11: Docking Stations have Become Crucial for NB Expansion

    Docking Stations have Become Crucial for NB Expansion Confidential http://www.goodway.com.tw 11 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  12. Slide 12: Docking Stations is our Main Product Line

    Docking Stations is our Main Product Line Video Conferencing Ethernet Multiple Monitors  Charging NB Bus Interface Extension ➔ ▪ USB4 / Thunderbolt 4 ▪ USB-C / USB3.0 1 Connection, Unlimited Possibilities Storage, Keyboards, Mouse, Printers Phone/Pad Charging Confidential http://www.goodway.com.tw

  13. Slide 13: Work Performance is Increased by 42%

    Work Performance is Increased by 42% Confidential http://www.goodway.com.tw 13 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  14. Slide 14: Business Performance

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 14 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  15. Slide 15: Good Way Technology Business Performance

    Good Way Technology Business Performance Confidential http://www.goodway.com.tw 15 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  16. Slide 16: 2015-2023 YTD Revenue & Net Profit (Loss)

    2015-2023 YTD Revenue & Net Profit (Loss) Revenue (NTD'000) & EPS (NTD) by Year 8,000,000 10.00 9.00 7,000,000 6,800,040 8.00 7.00 6,000,000 6.00 4.39 5,099,949 5,102,426 5.00 4,914,376 5,000,000 3.30 3.03 4,683,143 4.00 3.47 4.18 3.00 4,000,000 3,531,002 2.00 2.44 3,243,809 2.04 1.00 2,905,988 3,00

  17. Slide 17: COVID→Inventory into Allowance→Allowance Written Back

    COVID→Inventory into Allowance→Allowance Written Back Approx. -3.52 of EPS is in Allowance. Can be written back when the goods are made and shipped out. Confidential http://www.goodway.com.tw 17 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  18. Slide 18: Revenue Broken Down into Quarters

    Revenue Broken Down into Quarters (NTD ‘000) 2020 2021 2022 2023 1,111,255 1,183,273 1,267,106 1,098,427 1,162,942 1,601,645 1,259,683 2,567,931 1,297,998 1,213,778 1,885,894 935,677 887,752 772,191 674,954 Q1 Q2 Q3 Q4 Confidential http://www.goodway.com.tw 18 COPYRIGHT@ 2023 Good Way Technology Co.

  19. Slide 19: Revenue by Month 2020-2023

    2020-2023 每月營收(至第三季) Revenue by Month (NTD'000) 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 2021 2022 2023 Confidential http://www.goodway.com.tw 19 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  20. Slide 20: Income Statement YoY

    Income Statement YoY (NTD ‘000) 單位: 新台幣仟元 Item 2023 YTD Q3 % 2022 YTD Q3 % Difference % Sales Revenue 2,340,179 100% 4,914,146 100% (2,573,967) (52%) Gross Profit 31,344 1% 462,049 10% (430,705) (93%) Operating Expenses 379,006 16% 384,584 8% (5,578) (1%) Operating Income (Loss) (347,662) (15%) 77,4

  21. Slide 21: Income Statement QoQ (Single Quarters)

    Income Statement QoQ (Single Quarters) (NTD ‘000) 單位: 新台幣仟元 Item 2023 Q3 % 2023 Q2 % Difference % Sales Revenue 680,236 100% 772,191 100% (91,955) (12%) Gross Profit 39,545 6% (48,584) (6%) 88,129 (181%) Operating Expenses (119,496) (18%) (116,183) (15%) 3,313 3% Operating Income (Loss) (79,951) (12

  22. Slide 22: Balance Sheet (Assets)

    Balance Sheet (Assets) in NTD ‘000 單位:新台幣仟元 Items 項目 2023/9/30 2022/12/31 變動數 Delta 現金及約當現金 Cash and cash equivalents 1,107,538 24 563,950 9 543,588 應收帳款receivable Accounts 826,978 18 2,357,295 37 (1,530,317) 存貨 Inventory 879,095 19 1,704,018 26 (824,923) 其他流動資產 Other current assets 73,495 2 89,238

  23. Slide 23: Balance Sheet (Liabilities + Shareholder's Equity)

    Balance Sheet (Liabilities + Shareholder’s Equity) NTD ‘000 單位:新台幣仟元 Items 項目 2023/9/30 2022/12/31 變動數 Delta 短期借款 Short term loans 995,890 22 1,199,328 19 (203,438) 應付帳款payable Accounts 1,097,220 24 2,249,938 35 (1,152,718) LT一年或一營業週期內到期長期負債 liabilities due in 1 yr or op cycle 99,094 2 74,430 1 24,6

  24. Slide 24: Cash Flow YoY

    Cash Flow YoY in NTD ‘000 2023/9/30 2022/9/30 Net cash provided by (used in) operating activities 991,879 (368,290) Net cash provided by (used in ) investing activities (61,185) (108,239) Net cash provided by (used in) financing activities (409,651) 372,130 Effect of FX rate changes on cash and cash

  25. Slide 25: Operation Direction

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 25 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  26. Slide 26: Outlook of Docking Stations is Upside

    Outlook of Docking Stations is Upside 1. Grand View Research: The docking station market size was valued at USD 1,518.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. 2. Transparency Market Research: The global docking station market is pro

  27. Slide 27: Preparing Sufficient Capacity

    Preparing Sufficient Capacity Taipei Factory: Xizhi Vietnam Factory: ThaiBinh China Factory: KunShan Confidential http://www.goodway.com.tw 27 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  28. Slide 28: Good Way Launches Thunderbolt 5

    Good Way Launches Thunderbolt 5 https://www.intel.com/content/www/us/en/newsroom/news/intel-leads-industry-next-generation-thunderbolt.html Confidential http://www.goodway.com.tw 28 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  29. Slide 29: Good Way Lead the Industry

    Good Way Lead the Industry https://www.youtube.com/watch?v=YWlud6uCgLA Confidential http://www.goodway.com.tw 29 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  30. Slide 30: USB 4.0 is another Important Development

    USB 4.0 is another Important Development Transfer Speed (Gbps) USB 2.0 0.48 USB 3.0 5 USB 3.1 (Gen 2) 10 USB 3.2 (Gen 2) 20 USB 4 40 0 5 10 15 20 25 30 35 40 45 Confidential http://www.goodway.com.tw 30 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  31. Slide 31: 1st to Market with Five 4K Monitor Extensions

    1st to Market with Five 4K Monitor Extensions Universal Dock • (4K120 Hz x 4) + (4K60 Hz x 1) • Upstream PD100W • Downstream PD20W Confidential http://www.goodway.com.tw 31 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  32. Slide 32: GaN Powered Docking Stations

    Gan Powered Docking Stations Universal Dock • 120W • 150W Confidential http://www.goodway.com.tw 32 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  33. Slide 33: Developing Wireless Charging Products

    Developing Wireless Charging Products Wireless Charging • NB • Phones • Pads • Earphones Confidential http://www.goodway.com.tw 33 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  34. Slide 34: Launching Docking Stations for Meeting Rooms

    Launching Docking Stations for Meeting Rooms Boardroom Huddle room Confidential http://www.goodway.com.tw 34 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  35. Slide 35: Using LAN as Connecting Interface for Docking Stations

    Using LAN as Connecting Interface for Docking Stations Confidential http://www.goodway.com.tw 35 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  36. Slide 36: Growing with Every Specification Upgrades

    Growing with Every Specification Upgrades 1.4 4 Confidential http://www.goodway.com.tw 36 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  37. Slide 37: New Business Opportunities Keep Arising

    New Business Opportunities Keep Arising 1.4 2.1 4 Confidential http://www.goodway.com.tw 37 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  38. Slide 38: Expanding the Market with new Applications

    Expanding the Market with new Applications Smart Dock Conference Dock Speakerphone Dock Ethernet Dock (POE) Remote Webcam Management Speakerphone Ethernet Dock Display PD charging KVM Switch Video Wireless Charging Dock Capture Wireless Dock KVM dock Video Capturing Dock Confidential http://www.good

  39. Slide 39: Social Responsibility

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 39 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  40. Slide 40: Good Way Technology ESG

    Good Way Technology ESG Confidential http://www.goodway.com.tw 40 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  41. Slide 41: Good Way Technology is a Socially Responsible Company

    Good Way Technology is a Socially Responsible Company Confidential http://www.goodway.com.tw 41 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  42. Slide 42: Good Way Technology is a Happy Business

    Good Way Technology is a Happy Business Confidential http://www.goodway.com.tw 42 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  43. Slide 43: Good Way's CSR Reports

    Good Way’s CSR Reports Confidential http://www.goodway.com.tw 43 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  44. Slide 44: Good Way Invests into the Wellbeing of the Society

    Good Way Invests into the Wellbeing of the Society 3 Time Award Winner Innovation and Creativity Programs Sportive Company for the less Fortunate Students Keeping Employees Healthy GW Beach Cleaning Event Flea Market Donations for Solitary Elderly GW Marathon Keeping Employees Fit GW Fitness Program

  45. Slide 45: Good Way: ISO 9001 / 14001

    Good Way: ISO 9001 / 14001 ISO 9001 ISO 14001 Confidential http://www.goodway.com.tw 45 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  46. Slide 46: RBA Obtained by both Factories

    RBA Obtained by both Factories Confidential http://www.goodway.com.tw 46 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  47. Slide 47: KS Factory: ISO 14064 / 50001 / 45001

    KS Factory: ISO 14064 / 50001 / 45001 ISO 14064 ISO 50001 ISO 45001 Confidential http://www.goodway.com.tw 47 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  48. Slide 48: KS Factory: Going Green

    KS Factory: Going Green 2022 Solar Powered Status - Output: 1.26GWh - Accounting for 34% of power usage - Saving 733 tons of CO2 emisions Confidential http://www.goodway.com.tw 48 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  49. Slide 49: CDP Submission of CO2e Data

    CDP Submission of CO2e Data Confidential http://www.goodway.com.tw 49 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  50. Slide 50: Q&A

    1 Company Introduction 4 Operation Direction 2 Product Introduction 5 Social Responsibility 3 Business Performance 6 Q&A Confidential http://www.goodway.com.tw 50 COPYRIGHT@ 2023 Good Way Technology Co., Ltd. All rights reserved.

  51. Slide 51: Thank You

    xen GOD WAY 4) Vy —-— 5 Thank You. th 4nniversary Since 1985

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