Feng Tay Enterprise Co., Ltd. · TWSE:9910
Feng Tay Enterprise — Feng Tay Enterprises — Q2 2024 Earnings Presentation
11 slides from Feng Tay Enterprise's earnings presentation, Sep 19, 2024
Slide 1: Feng Tay Enterprises Co., Ltd. Operating Information
Feng Tay Enterprises Co., Ltd. Operating Information September 19, 2024 1 Feng Tay Enterprises Co., Ltd. Operating Information
Slide 2: About Feng Tay Group
About Feng Tay Group • Founded in 1971. • Capital: NTD 9,875 millions. • Main Business: Shoes Manufacture and Sales • Group Headquarters: Yunlin Science and Industrial Park in Taiwan. • Capacity: China(9%) , Indonesia(14%) , Vietnam(48%) and India(29%). • Total Number of Employees: around 139,000. 2
Slide 3: Agenda
Agenda • Financial Highlights – 2024/2Q • Consolidated Statements of Comprehensive Income – 2024/2Q • Consolidated Statements of Comprehensive Income – 2024/1~2Q • Consolidated Balance Sheets – 2024.6.30 • Consolidated Statements of Cash Flows – 2024/1~2Q • Consolidated Revenue & Profit Attributable
Slide 4: Financial Highlights – 2024/2Q
Financial Highlights – 2024/2Q NT$ in millions (unless otherwise noted ) 2Q/’24 1Q/’24 2Q/’23 QoQ YoY Consolidated Operating Revenue 22,267 20,616 20,656 +8% +8% Consolidated Operating Gross Margin 23% 21% 19% +2ppt +4ppt Consolidated Operating Expenses Margin 14% 15% 13% -1ppt +1ppt Consolidated Op
Slide 5: Statements of Comprehensive Income – 2024/2Q
Consolidated Statements of Comprehensive Income – 2024/2Q NT$ in millions (unless otherwise noted ) 2Q/’24 1Q/’24 2Q/’23 QoQ YoY Revenue 22,267 20,616 20,656 +8% +8% Gross Profit 5,094 4,321 4,014 +18% +27% Operating Expenses -3,089 -2,980 -2,601 +4% +19% Operating Profit 2,005 1,341 1,414 +50% +42%
Slide 6: Statements of Comprehensive Income – 2024/1-2Q
Consolidated Statements of Comprehensive Income – 2024/1-2Q ( In NT millions except otherwise noted ) 1-2Q 2024 1-2Q 2023 YoY Amount % Amount % % Revenue 42,883 100 40,159 100 +7% Gross Profit 9,415 22 7,541 19 +25% Operating Expenses -6,069 -15 -5,200 -13 +17% Operating Profit 3,346 7 2,341 6 +43%
Slide 7: Balance Sheets – 2024.6.30
Consolidated Balance Sheets – 2024.6.30 NT$ in millions (unless otherwise noted ) 2024.6.30 2023.12.31 2023.6.30 Amount % Amount % Amount % Cash 3,258 6% 3,859 8% 4,316 8% Accounts Receivable 8,800 17% 8,139 16% 8,541 17% Inventory 9,079 17% 8,578 17% 8,912 18% Long-Term Investment 1,197 2% 1,080 2%
Slide 8: Statements of Cash Flows – 2024/1~2Q
Consolidated Statements of Cash Flows – 2024/1~2Q NT$ in millions (unless otherwise noted ) 2024 2023 2022 2021 1/1~6/30 (restatement) Beginning Balance 3,859 5,573 4,863* 4,717 Cash from Operating Activities 2,025 7,300 16,304 1,755 Capital Expenditures (1,597) (4,141) (4,531) (3,403) Cash Dividend
Slide 9: Consolidated Revenue & Profit Attributable to Owners of Parent
( NT$M) Consolidated Revenue 100,000 95,903 90,000 85,767 80,000 73,930 70,350 68,960 70,000 64,498 55,804 58,122 58,633 58,780* 60,000 47,654 50,000 38,148 40,000 30,000 20,000 10,000 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1~8 ( NT$M ) Profit Attributable to Owners of Parent
Slide 10: Earnings Per Share
(NT$) Earnings Per Share **** 1.15 1.15 1.2 1.0 0.82 0.8 0.66 0.65 0.6 0.46 0.44 0.48 0.55 0.47 0.54 0.55 0.51 * 0.50 0.40 0.38 0.39 0.38 0.41 0.38 0.4 0.34 0.26 0.26 0.2 0.04 0.0 YY/MM * unaudited consolidated earnings Year / Quarter 1Q 2Q 3Q 4Q 2024 1.29 1.60 2023 0.76 1.21 1.71 1.36 2022 2.35 2.9
Slide 11: Q&A
Q&A 11 Feng Tay Enterprises Co., Ltd. Operating Information