Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Investor conference hosted by President Securities Corp. 2019
33 slides from Eternal Materials's conference presentation, Apr 19, 2019
Slide 1: Eternal Materials
ETERNAL MATERIALS
Slide 2: The Overview of UV Curable Industry
The Overview of UV Curable Industry Nick Pan, Director of Specialty Material Division
Slide 3: Outline
Outline 1 Introduction 2 UV Curable Technology 3
Slide 4: Introduction
1 Introduction Company Profile Global Sites History Global Revenue Core Technology Financial Feature Main Product International Certificate 4
Slide 5: Introduction - Company Profile
Introduction - Company Profile Core Business： Electronic and Chemical materials manufacturing, processing and sales Founding： in 1964 , Headquarters in Kaohsiung, Taiwan Number of Production Sites： 24 Number of Employees：4,772 Overall Sales Revenue in 2018：NTD 43,300 million Headcounts o
Slide 6: Introduction - History
Introduction - History 1964 1985 1989 2000 2004 2008 2018+ 6
Slide 7: Introduction - Core Technology
Introduction - Core Technology Resin New Functional Materials Resin Synthesis PCB Core Technology Chemical Quality Precision Formulation Processing LCD UV IC 7
Slide 8: Introduction - Main Product
Introduction - Main Product Alkyd Resin、Solvent-Based Acrylic Coating Water-Based Acrylic Coating Resin、 Dry Film Photoresist、Dry Film Solder Mask Acrylic Resin For Adhesives and Overprinting UV INK、Dry Film Photosensitive Polyimide、 Polyester Polyol Resin、 Resins Materials Liquid Polyimide Material
Slide 9: Introduction - Global Service Network
Introduction - Global Service Network Global Service Network : 35 ◆ Taiwan : 4 ◆ China : 19 Northeast Japan(3) ◆ USA : 1 ◆ Japan :3 China(1) • Tokyo (2) • Aichi(1) ◆ Thailand : 2 ◆ Korea :1 • Yingkou ◆ Indonesia : 1 ◆ India :1 ◆ Vietnam : 1 ◆ Malaysia : 1 North ◆ Italy ：1 China(2) Korea(1) • Tianijn
Slide 10: Introduction - Global Production Sites
Introduction - Global Production Sites Global Production Sites :24 Northeast Japan(3) •Taiwan ： 3 China (1) •China ： 14 North •Thailand ： 1 • Yingkou • Ogaki •USA ： 1 China (1) • Kodama • Aichi •Japan ： 3 • Tianjin •Malaysia ： 1 •Italy ：1 Southwest Italy(1) China (2) • Chengdu • Milan USA (1) • Chon
Slide 11: Introduction - R&D Sites
Introduction - R&D Sites 1. Taiwan－Research & Development Center 2. China－ Mainland China R&D Center 3. China－Beijing laboratory 4. The laboratory of plant (*8) Beijing Tianijn Suzhou Changshu Mainland Chain R&D Center Kunshan Chengdu Kaohsiung Research & Development Guangzhou Center Ta-Fa Plant Zhu
Slide 12: Introduction - R&D Human Resources Statistics
Introduction - R&D Human Resources Statistics Global R&D Manpower 557 Accounted for 11% of global manpower College Ph.D. 88 (16%) 195 Master 187 (34%) Master College/Bachelor 262 (47%) College 149 Other 20 ( 3%) 67 Ph.D. Master 78 38 Other 15 Ph.D. Other 10 5 R&D Manpower of R&D Manpower of China Ta
Slide 13: Introduction - R&D Expenditure
Introduction - R&D Expenditure NTD：million 1,420 1,400 1,600 1,313 1,293 1,344 百萬 1,400 1,230 1,227 1,200 1,018 925 1,000 755 800 631 647 602 583 600 400 200 2015 2016 2017 2018 2012 2013 2014 0 2011 2007 2008 2009 2010 2005 2006 13 P.S. 2018 research and development funds account for 3% of turnover
Slide 14: Introduction - Global Revenue
Introduction - Global Revenue NTD：million 43,300 41,551 45,000 38,680 40,343 38,487 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2018 2017 2016 2015 2014 China Taiwan Other 14
Slide 15: Introduction - Financial Feature
Introduction - Financial Feature NTD：million YEAR 2015 2016 2017 2018 Operating Revenue 38,487 38,680 41,551 43,300 Net Operating Margin 8,747 8,582 7,438 7,280 Operating Expense 5,349 5,453 5,577 5,467 Operating Profit 3,397 3,130 1,862 1,813 Net Profit 2,873 2,606 1,864 1,492 Earnings Per Share 2.
Slide 16: Introduction - International Certificate
Introduction - International Certificate ISO 9001 ISO 14001 OHSAS 18001 ISO 50001 PAS 2050 ISO 14064 16
Slide 17: UV Curable Technology
2 UV Curable Technology Feature Applications Related Industries Eternal Capacity Product Categories Future Development 17
Slide 18: UV Curable Technology - Feature
UV Curable Technology - Feature Energy Green Performance UV Curable Materials Efficient Economical 18
Slide 19: UV Curable Technology - Related Industries
UV Curable Technology - Related Industries UV Curable UV Curable Petrochem Materials Application (Meth) Acrylic Acid UV Monomer Ink Coating Glycol UV Oligomer Adhesive Epoxy Resin Photoinitiator Forming Isocyanate Additives Photoresist Material Others Others Others (Synthetic /Crosslinker) 19
Slide 20: UV Curable Technology - Product Categories
UV Curable Technology - Product Categories Ink • Offset, flexo, gravure, screen, inkjet Plastic coating • 3C, 5G, VM, PVC, nail polish Wood coating • Solvent-free spray, matting, non-BPA, weather resistance Adhesive • UV PSA, UVHM PSA, electronic, optoelectronic UV water borne •Wood, plastic, monoco
Slide 21: UV Curable Technology - Ink
UV Curable Technology - Ink Printing / Packaging Printing Decorating Film Digital printing Screen Wallpaper/ Tile Mobile Shell Acrylic/Glass Photo 21
Slide 22: UV Curable Technology - Printing
UV Curable Technology – Printing PET Hologram 22
Slide 23: UV Curable Technology - Coating
UV Curable Technology - Coating Cosmetic / Appliance Cosmetic Appliance Flooring / Furniture Flooring Furniture Automotive Interior Car lamp 23
Slide 24: UV Curable Technology - Electronics
UV Curable Technology - Electronics PCB / LCD Dry Film Photoresist Material Optical Film (BEF Material ; POL Adhesive) Touch Panel / Mobile Touch Panel (OCA) Mobile Phone (Hard coating ; Transfer Adhesive 24
Slide 25: UV Curable Technology - Adhesive
UV Curable Technology - Adhesive PEELABLE MASK Protection for anodizing metal Protection for laser marking Didn't damage surface No residue after stripping 25
Slide 26: UV Curable Technology - Adhesive
UV Curable Technology - Adhesive Adhesive for Different Substrate LCD GLASS METAL PIN UV PIN ADHESIVE 26
Slide 27: UV Curable Technology - Adhesive
UV Curable Technology - Adhesive UV Hotmelt PSA/ UV PSA UV lamp UV curing Coater Coating Wind-up Mixer 27
Slide 28: UV Curable Technology - Others
UV Curable Technology - Others 3D Printing / Lens 3D Printing Len 28
Slide 29: UV Curable Technology - Capacity of Eternal
UV Curable Technology - Capacity of Eternal Year 2018 UV Materials (Capacity: 80,000 Mt/year) UV Coating (Capacity: 7,000 Mt/year) Suzhou Luchu, Taiwan Zhuhai 29
Slide 30: UV Curable Technology - Eternal Sales
UV Curable Technology - Eternal Sales Eternal Sales 59,052 57,547 Quantity : MT 57,491 60,000 45,030 45,306 50,000 40,000 30,000 20,000 10,000 - 2017 2018 2015 2016 2014 30
Slide 31: UV Curable Technology - Eternal Market Share
UV Curable Technology - Eternal Market Share Sales Area Market Share America, Europe, 9.3% 40% China, 6.7% 32.9% 30% ASEAN, 16.6% 20% ASEAN, 9.1% America, Europe, 10% 4.1% 2.9% China, 67.5% 0% China ASEAN America Europe P.S. Year 2018 31
Slide 32: UV Curable Technology - Future Development
UV Curable Technology - Future Development Novel Market & Improving & Optimizing Application Development To increase 8,000Mt capacity LED Curable, EB Curable in Q4 2019 New capacity in Malaysia 3D Printing, UV Inject Coating for back shell of 5G mobile Automotive Interior Decoration Expanding the Ex
Slide 33: Q&A Thank you!
Q&A Company：578, Jiangong Rd., Sanmin Dist., Kaohsiung City 807, Taiwan TEL：+886-7-383-8181 FAX：+886-7-383-3355 Thank you ! E-mail：nick_pan@eternal-group.com 33
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