Nan Ya Plastics Corporation · TWSE:1303
Nan Ya Plastics — Q1 2024 Earnings Presentation
13 slides from Nan Ya Plastics's earnings presentation, May 2024
Slide 1: Nan Ya Plastics 1Q24 Operations & Performance
Nan Ya Plastics 1Q24 Operations & Performance May 2024
Slide 2: Agenda
Agenda • Overview • Financial Highlights • Annual Outlook • Capacity Expansion Plan • Q&A
Slide 3: Overview: Highlights
Overview Highlights Market Capitalization NT$ 449.7billion (Apr. 2024) Market Capitalization Total number of NT$ 259.8 billion Plants 104 (Y2023, not include Sales Worldwide Nanya Tech. Co.) -59 in Taiwan Revenue Distribution Sales breakdown -37 in China -15% in plastics -8 in US -21% 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 2023 Plastics 15% Electronics 44% PVC Sheeting, PVC Rigid China & Others 27% Glass Yarn, Glass Fabrics, Film, PU Leather, PVC Epoxy Resin, Copper Foil, China 54% Rigid Pipe & Fittings, USA 12% Copper Clad Laminate, Window & Door Frames, Printed Circuit Bo
Slide 7: Financial Highlights: EPS
Financial Highlights EPS (IFRS) (NT$ dollar) 0.20 0.16 0.16 0.11 0.10 0.02 0.00 1Q23 1Q24 4Q23 1Q24 EPS in 1Q24 increased YoY due to： The improvement in the market conditions of chemical products such as 2EH and plasticizers, adding up the increase in overall market demand of polyester and plastic
Slide 8: Consolidated Revenue by Quarter
Financial Highlights Consolidated Revenue by Quarter (IFRS) (NT$ billion) 80.0 65.8 63.0 58.6 58.6 60.0 40.0 20.0 0.0 1Q23 1Q24 4Q23 1Q24 Revenue in 1Q24 decreased YOY due to: The main reason is that PCB is still stuck in the unfavorable environment of the U.S.-China tech war, and its performance
Slide 9: Pre-tax Income by Quarter
Financial Highlights Pre-tax Income by Quarter (IFRS) 2.5 (NT$ billion) 1.89 1.5 1.23 1.23 0.5 (0.01) (0.50) 1Q23 1Q24 4Q23 1Q24 1Q24 pre-tax income decreased YoY due to： 1. Operating profit decreased mainly due to the profits of PCB have not yet recovered to last year's level. 2. Equity income in
Slide 10: Revenue Breakdown (Quarter)
Financial Highlights Revenue Breakdown (Quarter) 1Q23 Net Sales 4Q23 Net Sales 1Q24 Net Sales NT$ 65.8 billion NT$ 63.0 billion NT$ 58.6 billion Plastics Others 2.0% Plastics Others 2.0% Plastics Others 1.7% 13.9% 15.7% 16.2% Polyesters Polyesters Polyesters 17.3% 17.3% 19.4% Chemicals Electronics C
Slide 11: 2Q24 Outlook and Annual Operating Strategies
2Q24 Overlook and Annual Operating Strategies 2Q24 Overlook The demand for high-frequency copper foils applied in networking and server experiencing stable growth due to strong demand for AI-related products. Coupled with international copper prices maintaining an upward trend recently, customer
Slide 12: Capacity Expansion Plan
Business Overview Capacity Expansion Plan Annual Capacity Estimated Area Product Unit Commissioning Current Expansion Increase% Date (Note1) Wide Semi-Rigid Film KMT 0 12 100 2024/5 Copolymers with high PIA and PETG KMT 0 36 100 2024/12 Taiwan Polyester Release Film (5th set) KM2 360,000 144,000 40
Slide 13: THE END
THE END