Nan Ya Plastics Corporation · TWSE:1303
Nan Ya Plastics — H1 2023 Earnings Presentation
14 slides from Nan Ya Plastics's earnings presentation, Sep 13, 2023
Slide 1: Nan Ya Plastics 1H23 Operations & Performance
Nan Ya Plastics 1H23 Operations & Performance Sep. 2023
Slide 2: Agenda
Agenda • Overview • Financial Highlights • Annual Outlook • Capacity Expansion Plan • Q&A
Slide 3: Overview: Highlights
Overview Highlights Market Capitalization NT$ 524.2billion (Aug. 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 Copper foil Glass fabrics PA Epoxy resin Copper clad BPA laminate EG 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 (IFRS)
Financial Highlights Consolidated Revenue (IFRS) (NT$ billion ) 196.8 200.0 -34.2% 150.0 129.5 100.0 65.8 -3.1% 63.7 50.0 0.0 1H22 1H23 1Q23 1Q23 Revenue in 2023 1H decreased 34.2% YOY due to: The planned shutdown of certain production lines in EG plants and the decline in prices of other chemical
Slide 8: Pre-tax Income (IFRS)
Financial Highlights Pre-tax Income by (IFRS) 40.0 38.76 (NT$ billion ) 30.0 -90.2% 20.0 10.0 1.1% 3.81 1.89 $1.91 0.0 1H22 1H23 1Q23 2Q23 2023 1H pre-tax income decreased 90.2% YoY due to： 1. Operating profit decreased NT$22.87bn. Mainly due to electronic material and chemical products. 2. Equity
Slide 9: EPS (IFRS)
Financial Highlights EPS (IFRS) (NT$ dollar ) 4.00 3.71 3.00 2.00 1.00 0.23 0.11 0.12 0.00 1H22 1H23 1Q23 2Q23 EPS in 1H23 decreased NT$3.48 YoY due to： The global economic climate started to decline in 2H22. The overall industry environment in 1H23 didn't obviously recover yet and was still worse
Slide 10: Revenue Breakdown
Financial Highlights Revenue Breakdown 2022 1H Net Sales 2023 1H Net Sales NT$ 196.8 billion NT$ 129.5 billion Others 2.0% Plastics Others 1.2% Plastics 11.5% 14.5% Polyesters Polyesters 18.0% 17.6% Chemicals Electronics Chemicals Electronics 27.1% 42.2% 20.7% 45.2% The planned shutdown of EG plan
Slide 11: Operating Profits Breakdown by Product Segment
Financial Highlights Operating Profits Breakdown by Product Segment Operating Profits Operating Margins 350.0% 296.60% 311.70% 20.0% 18.2% 17.7% 250.0% 199.30% 170.80% 15.0% 150.0% 10.6% 14.2% 133.30% 70.60% 10.0% 24.2% 10.0% 50.0% 19.3% 12.80% 44.50% 6.7% 11.60% 4.8% 5.0% 5.7% 10.10% -1.0% 5.1% -50
Slide 12: Annual Outlook
Annual Overlook 2H23 Overlook Anticipated for the latter half of 2023, customer inventory adjustments are nearing completion. Orders for networking, gaming consoles, and TV chips are rebounding. There is strong demand for servers and automotive applications. Furthermore, with the onset of the thir
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 2023/12 Blood bag and Leukocyte Thousand Set 0 2,970 100 2023/7 reduction filter system PBAT CHIP KMT 0 36 100 2024/6 Taiwan
Slide 14: THE END
THE END