Ecove Environment Corp · TPEX:6803
Ecove Environment — 2021 2nd Institutional Investor Conference
23 slides from Ecove Environment's conference presentation, Jun 23, 2021
Slide 1: ECOVE Environment Corp. 2021 2nd Institutional Investor Conference
ECOVE Environment Corp. 2021 2nd Institutional Investor Conference 2021.06.23 1
Slide 2: Disclaimer
Disclaimer The consolidated financial statement is hereby based on International Financial Reporting Standards (IFRS) and audited by CPA. This presentation may include forward-looking statements with respect to the operations and business of the company other than the historical results. The act
Slide 3: Agenda
Agenda • Review • Future Outlook • Summary of Financial Report 3 崑鼎控股公司機密資料，文件禁止複製、轉載、外流 ECOVE CONFIDENTIAL DOCUMENT DO NOT COPY OR DISTRIBUTE. COPYRIGHT @ 2019 ECOVE All Rights Reserved.
Slide 4: Review
Review AG | e . gC , .e ° Aes %'° °° # . a ‘ . Ss a Pe . t 6 ee : @ 2 6, @ °/@ ad * _ ° oe tte os ie ECOVE “Oe Se rn | is
Slide 5: Actions to Fight COVID-19 and Their Impact
Actions to Fight COVID-19 and Their Impact Actions to Fight COVID-19 • Do inventory on materials needed for operation and they haven’t been affected; as for resources for pandemic, such as thermometers, masks, and alcohol, the stock is enough • All of our plants have enhanced their actions against t
Slide 6: Waste Management and EfW
Waste Management and EfW Domestic • Changhua Xizhou EfW Plant O&M & Revamping Project • Taoyuan Airport Incinerator O&M Project • Kaohsiung South Region EfW Plant Crane O&M, Annual Overhaul, and Equipment Upgrade Project • Kaohsiung Central Region EfW Plant Annual Overhaul and Equipment Upgrade Proj
Slide 7: Photovoltaics
Photovoltaics Investment • 14 projects have been connected the national grid THSR Taoyuan Station, Kaohsiung Metro North Depot Detention Pot, Tainan Hobichu Landfill, Hualien Fengli Landfill 2nd Phase, TIPC (Keelung, Taipei, Taichung, Anping, Kaohsiung, Hualien, and Suao), Miaoli Aviation Station, T
Slide 8: Recycling and Reuse
Recycling and Reuse Wa s t e S o l v e n t R e c yc l i n g a n d R e u s e WIPA Recycling and Reuse • Permit from IDB to treat WIPA on individual case basis has been obtained in January of this year, and permit from MOST to treat WIPA on general case basis has been obtained in March of this year, i
Slide 9: Other Fields
Other Fields Te c h n i c a l S e r v i c e s a n d M a i n t e n a n c e P r o j e c t s • Taoyuan Metro Flood Control Equipment Maintenance • Taichung Harbor Agriculture Item Inspection Plant O&M Project 9 崑鼎控股公司機密資料，文件禁止複製、轉載、外流 ECOVE CONFIDENTIAL DOCUMENT DO NOT COPY OR DISTRIBUTE. COPYRIGHT @ 2
Slide 10: Future Outlook
Future Outlook ECOVE®
Slide 11: Waste Management and EfW
Waste Management and EfW Domestic For the next five years, 12 EfW Plants will Plant Characteristic need to renew contracts, and we will Taoyuan Biomass Center BOT (construction + O&M) (obtained and SPC established) proactively participate with our resources: Changhua Resource Center BOT (constructio
Slide 12: Waste Management and EfW (Overseas)
Waste Management and EfW Overseas • In conjunction with the government’s Southbound Policy, we will cooperate with local developers to export our techniques and experience on waste management and EfW from Taiwan • Malaysia EfW Market: For Johor EfW BOT Project, we have cooperated with local enterp
Slide 13: Photovoltaics
Photovoltaics Renewable energy has become a global trend, and Taiwan has set a goal of achieving 20 GW of PV establishment by 2025. Also, green supply chains and demands for renewable energy have been growing. • In Taiwan, we will focus on organic growth and expand investment • In overseas, we will
Slide 14: Recycling and Reuse
Recycling and Reuse S e m i - C o n d u c t o r Wa s t e Be focused on hi-tech enterprises’ development on zero-waste center at CTSP, and pursue business opportunities in recycling and reuse CMD Wa t e r Tr e a t m e n t Plant (10,000) Fengshan Water Resource Center (obtained) 4.50 • So far, the cen
Slide 15: Other Fields
Other Fields • Utilities of high-tech plants: We cooperate with Group to develop strategies for the field of high-tech industry and to pursue O&M services for current and to-be-constructed plants. • Metro: For the next five years, Taichung Metro Green Line, Xinying Line Eastern Extension, Taoyuan In
Slide 16: Financing Plan – Issue Ordinary Corporate Bonds (Including Green Bonds)
Financing Plan – Issue Ordinary Corporate Bonds (Including Green Bonds) • Total Issuance: NTD 2 billion of ordinary corporate bonds (including NTD 1 billion of green bonds) • Period: 5 years • Credibility rating: For long- and short-term respectively, Taiwan Ratings has rated us as twA and twA-1, wi
Slide 17: Summary of Financial Report
Summary of Financial Report 17
Slide 18: Investment Structure
Investment Structure ECOVE Environment Corp. 100% 75% 5% 100% 100% 100% 90% 20% ECOVE ECOVE EVER ECOVE ECOVE ECOVE ECOVE BoRe Tech. Wujih Miaoli eCOVE Environment Waste Solar Solvent Co., Ltd Energy Energy Corp.* Services Manageme Energy Recycling (Cayman)* Corp. Corp. Corp. nt Corp. Corp. Corp. 100
Slide 19: Consolidated Revenue Breakdown
Consolidated Revenue Breakdown WEC SRC ECC 5% 2% 1% MEC Unit: NT$, Billion 6% 6.00 5.64 SEC 5.50 9% ESC 5.32 43% 5.00 4.85 4.48 SINOGAL 4.50 12% 4.00 WMC 22% 3.50 Waste 3.00 Concession Collection Service 2% 9% 2.50 2.32 2.00 Waste 1.50 Treatment Others 37% 19% 1.00 0.50 - Electricity 2017 2018 2019
Slide 20: 2021Q1 Consolidated Income Statement
2021Q1 Consolidated Income Statement Unit: NT$, Thousand 2021Q1 2020Q1 YOY Operating Revenue 1,416,150 100.0% 1,300,056 100.0% 8.9% Operating Costs (1,065,774) -75.3% (969,698) -74.6% 9.9% Gross Profit 350,376 24.7% 330,358 25.4% 6.1% Operating Expenses (46,875) -3.3% (45,327) -3.5% 3.4% Operating P
Slide 21: 2021Q1 Consolidated Balance Sheet
2021Q1 Consolidated Balance Sheet Unit: NT$, Thousand 2021/03/31 2020/03/31 Current assets* 4,231,908 41% 3,684,334 38% Non-current assets 6,081,264 59% 5,920,027 62% Total assets 10,313,172 100% 9,604,361 100% Current liabilities 2,458,748 24% 1,543,711 16% Non-current liabilities 1,909,183 18% 2,2
Slide 22: Dividend Payout
Dividend Payout EPS Cash DPS UNIT: NT$ 14 12.80 12.53 12.04 12.09 12 11.37 11.41 11.00 10.84 10.82 10.83 11 10.55 10.06 10 9.44 9.63 9.65 9.01 9.26 8.86 8.24 8 6 4 2 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 22 崑鼎控股公司機密資料，文件禁止複製、轉載、外流 ECOVE CONFIDENTIAL DOCUMENT DO NOT COPY OR DISTRIBUTE.
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