Froch Enterprise Co., Ltd. · TWSE:2030
Froch Enterprise — Investor Presentation (June 2019)
24 slides from Froch Enterprise's investor presentation, Jun 25, 2019
Slide 1: Froch Enterprise Co., Ltd. Institutional Investors Conference
彰源企業股份有限公司 FROCH ENTERPRISE CO., LTD. Institutional Investors Conference Stan Shih - Spokesperson 2019/06/25 1
Slide 2: Table of Contents
1. Company Profile Table 2. Operational Briefing of 3. Competitive Advantage Contents 4. Looking Forward 2
Slide 3: Company Profile – Taiwan Plant
COMPANY PROFILE – TAIWAN PLANT Land Size: 210,213㎡ Number of Employees：681 Located: Tou-Liu City, Yun-Lin 3
Slide 4: Company Profile – China Plant
COMPANY PROFILE – CHINA PLANT Land Size：250,583㎡ Number of Employees：282 Located: Wuxi, Jiangsu 4
Slide 5: Company Profile – About Us
COMPANY PROFILE – ABOUT US 2018: NEW EXPANSIONS 2014: UNDERWAY. FROCH STAINLESS 2003: CO., LTD. WAS CENTURY FOUNDED. NOVA 2000: STEEL CO., LTD. WAS FROCH FOUNDED. METAL 1998: INDUSTRY (SUZHOU) PUBLIC CO., LTD. LISTED. WAS 1991: SHARES FOUNDED. TRADED BECAME A IN THE PUBLIC MAIN 1984: COMPANY. BOARD.
Slide 6: Company Profile
COMPANY PROFILE Major in the Manufacturing and Selling of Stainless Steel Welded Tubes and Pipes, and Stainless Steel Sheets. 6
Slide 7: Industry Properties
Industry Steel Making Properties Slab Hot Rolled / Cold Rolled Froch Enterprise Co., Ltd. Froch Enterprise Co., Ltd. Construction Kitchenware Pulp and Paper Petrochemical Material Foods Sewage and Transportation and Beverage Water Treatment Medical Machinery / Electronics Electrical Equipment Fabric
Slide 8: Material
MATERIAL SOURCE OF MATERIAL TAIWAN PLANT: 69% DOMESTIC 31% IMPORTED CHINA PLANT: 100% DOMESTIC 8
Slide 9: Major Products – Industrial Pipes, Ornamental Tubes, and Sheets
MAJOR PRODUCTS – INDUSTRIAL PIPES, ORNAMENTAL TUBES, and SHEETS 9
Slide 10: Industrial Pipes Applications
INDUSTRIAL PIPES APPLICATIONS Pulp and Paper Petrochemical Food Processing 10
Slide 11: Ornamental Tubes Applications
ORNAMENTAL TUBES APPLICATIONS Doors and Windows Racking Hand Railing 11
Slide 12: Stainless Steel Sheets Applications
STAINLESS STEEL SHEETS APPLICATIONS Stainless Steel Wall Elevators and Escalators at Dubai International Airport
Slide 13: Operational Briefing – Product Selling Percentage
OPERATIONAL BRIEFING – PRODUCT SELLING PERCENTAGE Tubes and Sheets and Consolidated Pipes Coils Turnover (NT$ million) 2016 75.5% 24.5% 10,960 2017 76.4% 23.6% 12,640 2018 80.5% 19.5% 13,400 2019 Q1 80.4% 19.6% 2,970 13
Slide 14: Operational Briefing – Percentage of Sales Distribution
OPERATIONAL BRIEFING – PERCENTAGE OF SALES DISTRIBUTION 2018 Other 11.2% Middle East 8.1% Taiwan 27.6% North America 10.2% Europe 10.4% China 26.7% Taiwan China Europe Asia North America Middle East Other 2016 2017 Other 10.8% Other 10.9% Middle East Middle East 7.8% Taiwan 29.4% Taiwan 32.3% 8.5% N
Slide 15: Operational Briefing – Stainless Steel Tubes and Pipes
OPERATIONAL BRIEFING – STAINLESS STEEL TUBES AND PIPES 2016 2017 2018 25.4% 26.1% 27.0% Taiwan’s Stainless Steel Tubes and Pipes Consumption 15
Slide 16: Operational Briefing – Stainless Steel Tubes and Pipes
OPERATIONAL BRIEFING – STAINLESS STEEL TUBES AND PIPES Taiwan’s Stainless Steel Tubes and Pipes Export Quantity 16
Slide 17: Operational Briefing – Last Years' Prices
OPERATIONAL BRIEFING – LAST 3 YEARS’ PRICES Nickel and Product Prices 2016 2017 2018 17
Slide 18: Consolidated Financial Numbers – Last 3 Years
CONSOLIDATED FINANCIAL NUMBERS – LAST 3 YEARS NT$ million YEAR 2016 2017 2018 2019 Q1 ACCOUNT Sales 10,960 12,640 13,400 2,970 Gross Margin 1,280 1,610 1,780 260 Net Operating 580 840 940 50 Income EPS NT$1.08 NT$1.97 NT$1.97 NT$0.1 18
Slide 19: Operational Briefing
OPERATIONAL BRIEFING · Market Diversification Business · More than 2,000 Customers Domestically Strategy · Sales to more than 100 Countries Globally · Top Tier Player Market Positioning · Market Leader · Industry Benchmark Competitive · Widely Approved by both Advantage Domestic and Global Customers
Slide 20: Competitive Advantage
COMPETITIVE ADVANTAGE • Comprehensive Product Range - Satisfy Customers’ One-stop Shopping Needs 20
Slide 21: Competitive Advantage – Quality Certifications
COMPETITIVE ADVANTAGE – QUALITY CERTIFICATIONS • Advanced Technology among Competitors 21
Slide 22: Competitive Advantage
COMPETITIVE ADVANTAGE • Comprehensive Sales Networks More than 2,000 customers domestically. Sales to more than 100 countries globally 22
Slide 23: Looking Forward
LOOKING FORWARD • Keep Increasing the Sales of High Value- added Products. • Participate the Investment Needs of Overseas Taiwanese Businesses Returning Taiwan to Boost Sales. 23
Slide 24: Thank you!
A $26 jesmon cd BB Petrofey,, FPRE ERTS PSOSWAR SRUBABRR » ROSUREIR + se - SEAL AGUBSR » 2K. ELH AT ARB AKRSWOM HEBNSATS BIGNESS - FADLAMMRAY MES + RARBST om Stainless steel pipe is necessary to be used in everywhere in our modem life. In applications for construction, pluming, household hydro & gas