Jung Shing Wire Co., Ltd. · TWSE:1617
Jung Shing Wire — JUNG SHING WIRE 2024 Investor Conference
38 slides from Jung Shing Wire's conference presentation, Nov 29, 2024
Slide 1: JUNG SHING WIRE 2024 Investor Conference
Quality｜ Growth ｜Responsibility Stock Code: 1617 JUNG SHING WIRE 2024 Investor Conference Tien-Te Hsueh Financial Department Vice Precident Company Spokesman , 2024/11/29
Slide 2: Disclaimer
DISCLAIMER JUNG SHING WIRE CO., LTD does not release any financial forecast. In this presentation the information of the Company’s financial and operating status may differ from the actual results in the future. There are also risk factors in place beyond the Company’s control. The Company undertake
Slide 3: Agenda
Company Profile Product Introduction Global Market Worldwide Financial & Operating Results Policy & Goals
Slide 4: Company Profile
OT Company Profile
Slide 5: Company Profile
Company Profile Establishment: July 17,1971 Founder: Huo-Shih Wang Chairman: Tung-Tzer Wang President: Shou-Chi Chiu Capital: NT$ 1.69 billion Asset: NT$ 3.69 billion Address: 231, Sec.3, Chung-cheng Rd., Jen- teh District, Tainan City Land: 25,244 ㎡ Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Ri
Slide 6: Philosophy
Philosophy Growth • Company Sales & Profit • Growth of Employees • Modernized, diversified and internationalized Quality Responsibility • Creating Reliable Quality is • Responsibilities to customers our Quality policy Quality, Price and Delivery • Maintaining the Best Quality • Responsible to employ
Slide 7: Corporate History
Corporate History GRADE UP Renovation Evolution 2005~2018 2019~Present Reform and Renew Inheriting and constant improvement Transformation Start-up Growth 1994~2004 1971~1979 1980~1993 Internationalized, Expanded, Building a solid Market Extension and Diversified Foundation and Growth Stabilization
Slide 8: Cooperation with TOTOKU and FMGT
Cooperation with TOTOKU and FMGT 1972 In technical cooperation with TOTOKU, TOTOKU dispatched supervisor to JSW for long term, and JSW sent personnel to Japan for internship. 1979 TOTOKU invested 40% and became Taiwan-Japanese joint venture. 2011 Furukawa Electric Group carried on TOTOKU’s stocks an
Slide 9: Organization Chart
Organization Chart Management Dept. Finance Dept. Audit Office Information Dept. Sales Dept. Board of Vice President Directors President R&D Dept. Advanced Process Dept. Business Forwarding Office QA Dept. Manufacturing Dept. Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 9
Slide 10: Product Introduction
02 Product Introduction
Slide 11: Magnet wire production process–Drawing
Magnet wire production process–Drawing Drawing process Re-drawing process Enamelled wire production line direction Bare wire Drawing Drawing semi-finished Annealer Coiler products Machine Machine Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 11
Slide 12: Magnet wire production process–Enameling
Magnet wire production process–Enameling Annealing process Coating and Curing process Spooling process Enamelled wire production line direction catalyst> < semi-finished < Finished products products Annealing oven Coating Curing Oven Spooler groove Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Righ
Slide 13: General Wire
General Wire Product Application UEW(Y) Coils, Transformers, Power SFBW(Y) Adapter PEW(Y) General Motors Thermal class: 130 ~ 155 ℃ Capacity: 350 Ton/month Enamelled Wires with Low Odor Eco-Friendly Solvent Production range: 0.02~2.0mm Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 1
Slide 14: Heat-Resistant Wire
Heat-Resistant Wire Product Application SFHW Heat resistant coils, SFHW-CS Transformers SFEIW EIW EIAIW Heat resistant motors, AIW Power Choke PAIW Capacity: 70 Ton/month PIW Production range: 0.03~2.0mm Thermal class: 180 ~ 240 ℃ Enamelled Wires with Low Odor Eco-Friendly Solvent Copyright © 2023 J
Slide 15: Self-Bonding Wire
Self-Bonding Wire Product Application Solvent Self-Bonding Coils, Voice LOCK Coils Low Temp Hot Air, & Elec. Current LOCK N2 Bonding Coils, Wireless Charger Coils, RFID LOCK Y3 LOCK N5 IH Coil, Coreless Coils, Hot Air, Elec. Current Bonding Coils, & Power LOCK N9 Choke, VCM Coils LOCK S3 Capacity: 6
Slide 16: Special Magnet Wire
Special Magnet Wire Product Application Product Application R Ribbon Wire Power Choke N2S/N2D Strengthen Self-bonding High Freq. Coils CAR Copper-Clad Aluminum Ribbon Fiber Covered Litz Wire Wire High-end Voice Coils USTC Fiber Covered Litz Wire ALR Aluminum Ribbon Wire High Q-Value Coils, BSTC Self
Slide 17: Comparison of Void Ratio (Round vs.Ribbon vs.Square)
Comparison of Void Ratio (Round vs.Ribbon vs.Square) Equals the same surface area of conductors Round Wire Ribbon Wire Square Wire Array Winding Array Winding Edgewise Winding Array Winding Occupancy ≈ 78% ≈ 91% ≈ 96% >98% Space Loss 0 10% less 20% less 28% less Copyright © 2023 JUNG SHING WIRE CO.,
Slide 18: Advantage
Major Product Applications Advantage products Inductor Air core coil Wireless Sensor Generator charger (Wheel Motors) High Efficiency Small Wind Speaker coil Transformer Stylus Motor Generator Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 18
Slide 19: The Future holds & Direction
The Future holds & Direction Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 19
Slide 20: Global Market
03 Global Market
Slide 21: Global Market
Global Market Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 21
Slide 22: Global Customers
Global Customers Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 22
Slide 23: 23
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Slide 24: Subsidiaries
Subsidiaries Location：Tangxia Town, Dongguan City, China Establishment：1994/02 Business Type：Domestic sales(China) Capital：HK$ 23,600,000 Location：Tangxia Town, Dongguan City, China Establishment：1998/08 Business Type：Export Capital：HK$ 120,000,000 Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Righ
Slide 25: Subsidiaries
Subsidiaries Location ：Wujiang District, Suzhou City, China Establishment：2000/12 Business Type：Domestic sales, Export Capital：US$ 7,300,000 Location：Tainan City, Taiwan R.O.C. Establishment：2002/08 Business Type：Domestic sales, Export Capital：NT$ 15,000,000 Copyright © 2023 JUNG SHING WIRE CO., LTD
Slide 26: Subsidiaries
Subsidiaries Location：Cong Hoa Industrial Park, Chi Linh City, Hai Duong Province, Vietnam Establishment：2019/12 Business Type：Domestic sales, Export Capital：US$ 10,000,000 Location：Tainan City, Taiwan R.O.C. Establishment： 2020/07 Business Type： Domestic and International sales Capital：NT$ 225,000,
Slide 27: Financial & Operating Results
05 Financial & Operating Results
Slide 28: Consolidated Income Statement
Consolidated Income Statement Q3 YTD In NT$ thousands 2024Y % 2023Y % 2022Y % Net Revenue 2,514,962 100.00 2,827,089 100.00 3,581,378 100.00 Cost of Revenue 2,272,501 90.36 2,601,218 92.01 3,329,477 92.97 Gross Profit 242,461 9.64 225,871 7.99 251,901 7.03 Operating Expenses 206,812 8.22 251,769 8.9
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet 2024/9/30 2023/12/31 2022/12/31 In NT$ thousands Amount % Amount % Amount % Current Assets 2,478,835 67% 1,997,394 62% 2,024,845 61% Noncurrent Assets 1,214,845 33% 1,238,121 38% 1,273,070 39% Current Liabilities 1,320,996 35% 897,845 28% 842,236 26% Noncurrent Liabilities
Slide 30: Financial Highlights
Financial Highlights Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 30
Slide 31: Dividends Policy
Dividends Policy Copyright © 2023 JUNG SHING WIRE CO., LTD. ALL Rights Reserved 31
Slide 32: Policy & Goals
06 Policy & Goals
Slide 33: Policy & Goals
Policy & Goals System & Product Certifications QC 080000 IATF 16949 Quality Policy： Creating Reliable & Quality Products Quality Guideline： ISO 9001 UL CERTIFIED 1. Principle of “Zero-defect” Implemented in Production. 2. Satisfy customers with quality, cost and delivery time. At present, JSW acquir
Slide 34: Environmental protection
Environmental protection Environmental Policy： Treasuring Resources, Concerning Nature ISO 140001 Environmental Goal： 1. Recycle and re-use resources to reduce pollution. 2. Create safe and disaster-free workplace. 3. Enhance quality of workplace. 4. Comply to environmental regulations and prevent p
Slide 35: Environmental protection
Environmental protection Energy saving Waste reduction • Prevent Heat Loss • Third catalytic • Recycle solvent • Power Saver • Water wash system • UF Oil-water • Vacuum distillation separation • Solar Panels machine • Develop Eco • Waste oil material concentrator • Recycling Water saving Greening •
Slide 36: Risk Management
Risk Management Firefighting Emergency Occupational Safety • Mobile large fire Response and Health extinguisher setup • Chemical spill drill • Health examination • Firefighting drill • Flood prevention drill • Safety equipment • Frequent fire pump • Evacuation drill • Strengthen health & safety prep
Slide 37: Jung Shing Charity Activities
Jung Shing Charity Activities Caring underprivileged Charity movie <BIG> Sponsored books to Tayovuan Employee blood event on Moon festival appreciation Enjoy Reading of Association donation activities 9/16/2023 11/11/2023 11/20/2023 1/18/2024 Sponsored reunion Sponsored Mei Sen Sponsored Dujia Beach
Slide 38: Thank you for listening !
Thank you for listening !
Jung Shing Wire — JUNG SHING WIRE 2024 Investor Conference on 6ix