Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Investor conference hosted by President Securities Corp. 2025
33 slides from Eternal Materials's conference presentation, Aug 15, 2025
Slide 1: Eternal Materials
| » ETERNAL MATERIALS Elements of Infinite Possibilities
Slide 2: 2025 Second Quarter Operating Result & Photoresist Materials Division
2025 Second Quarter Operating Result & Photoresist Materials Division：The Layout of Electronic Materials Business Group in North American Market Presenter : Director, H.T. Shen (Photoresist Materials Division) B.C.Liu (spokesperson) Date : 2025/08/15
Slide 3: Agenda
Agenda 1. Profile 2. 2025 Second Quarter Operating Result 3. Introduction to Electronic Materials Business Group 4. The Layout of Electronic Materials Business Group in North American Market 3
Slide 4: Profile
Profile
Slide 5: Profile
Profile Chairman Allen K. L. Kao Core Business Manufacturing, processing and sales Overall Sales Founding Employees Revenue Taiwan 5 Chi na 15 1964 4,899 USD$ 1,376 Production Sites million US A 1 26 T ha i l a nd 1 Headcounts of Researcher R&D expenditures N ot e s 1 : Number of Employees on Ja pa
Slide 6: Development Milestones
Development Milestones Resins UV LED Equipment SYNTHETIC RESINS MONOMER OPTICAL FILM VACUUM LAMINATOR COATING ADHESIVE OLIGOMER Wet CHEMICAL for PCB/ICS UNSATURATED POLYESTER UV COATING 1985 2000 2008 2016 1964 1989 2004 2013 2020+ PCB IC New Materials Biomaterials CCL EMC MATERIALS for SOLAR IN VIT
Slide 7: Global Production Sites
Global Production Sites Central North Northeast Japan (2) USA (1) China(1) China (1) China(1) Kodama Virginia Aichi Hubei Tianjin Yingkou Southwest Taiwan (5) China (2) Italy (1) Kaohsiung(3) Chengdu Pingtung Milan Chongqing New Taipei Global Production Sites 26 Thailand (1)
Slide 8: Global Service Network
Global Service Network Central China(3) North Northeast Korea(1) USA(1) Changsha China(2) China(1) Suwon Virginia Tianijn Yingkou Wuhan Hubei Japan(2) Italy (1) Southwest Yokohama Milan China(3) Chengdu(1) India(1) Chong qing(2) Taiwan (4) Kaohsiung(1) Mumbai Chungli(2)
Slide 9: 2024 Product Lines Sales Ratio
2024 Product Lines Sales Ratio Electronic Materials 25.53% Resins Materials 47.71% Dry Film Photoresist Dry Film Solder Mask Alkyd Resin、Solvent-Based Acrylic Coating Resin UV INK Water-Based Acrylic Coating Dry Film Photosensitive Polyimide Resin Liquid Polyimide Material Acrylic Re
Slide 10: Annual Sales Distribution and 2024 Regional Markets Sales Ratio
Annual Sales Distribution (In the recent 5 years), 2024 Regional Markets Sales Ratio Unit : USD million 1% Europe & Other 7% 2000 1,802 1800 1,645 Africa 1600 1,376 1,363 1400 1200 1,299 1,116 Middle East 1% 973 Northeast Asia 6% 1000 826 809 799 800 America 5% 600 469 472 395 432 400 339 200 160
Slide 11: 2025 Second Quarter Operating Result
2025 Second Quarter Operating Result
Slide 12: Financial Information-Balance Sheets & Key Indices
Financial Information-Balance Sheets & Key Indices 2025Q2 2024 2023 Unit：TWD Millions Amount % Amount % Amount % Cash and cash equivalents 7,050 12 8,370 13 7,624 13 and current financial assets Accounts receivable 13,516 24 15,447 25 15,213 26 Inventories 8,074 14 8,533 14 8,479 14 Financial assets
Slide 13: Financial Information-Statements of Comprehensive Income
Financial Information-Statements of Comprehensive Income 2025Q2 2024 2023 Unit：TWD Millions Amount % Amount % Amount % Operating Revenue 20,465 100 44,191 100 42,452 100 Gross profit 4,222 21 8,824 20 8,147 19 Operating expenses (3,244) (16) (6,655) (15) (6,232) (15) Operating Income 978 5 2,170 5 1
Slide 14: Financial Information-Cash Flow Statements
Financial Information-Cash Flow Statements 2025Q2 2024 2023 Unit：TWD Millions Amount Amount Amount Cash and cash equivalents at the 7,103 6,382 5,451 beginning of the year Cash flows from operating 1,908 4,612 6,514 activities Acquisition of property, plant (1,708) (3,587) (3,149) and equipment Incr
Slide 15: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits Unit：TWD Millions Sales 2Q25 y/y q/q 營收 2Q24 3Q24 4Q24 1Q25 2Q25 Sales 11,570 11,334 11,267 10,061 10,405 Sales -10.1% +3.4% GP 毛利 2Q24 3Q24 4Q24 1Q25 2Q25 Gross -1.4% +5.6% Profits GP 2,198 2,246 2,216 2,054 2,168 GPM 19.0% 19.8% 19.7% 20.4% 20.8% 15
Slide 16: Performance by Segment
Performance by Segment TWD Millions 2Q Sales 2Q Operating Profits Sales % Others High Performance Materials Electronic Materials y/y q/q y/y q/q Resin Materials 0% 0% 1% 1% 27% 27% 26% 25% Resin Materials 5,191 -7% +10% 207 +9% +5% 25% 25% 26% 25% Electronic 2,569 -14% -3% 284 +15% +75% Materials 47
Slide 17: The Layout of Electronic Materials Business Group in North American Market
Introduction to Electronic Materials Business Group The Layout of Electronic Materials Business Group in North American Market Presenter : Director, H.T. Shen (Photoresist Materials Division) Date : 2025/08/15
Slide 18: Introduction to Electronic Materials Business Group
Introduction to Electronic Materials Business Group
Slide 19: Electronic Materials Business Group Agenda
1. Electronic Materials Business Group Profile 2. Important Milestones in Business Development 3. Revenue (2020~2025H1) 4. Key Products and Applications 19
Slide 20: Electronic Materials Business Group Profile
Electronic Materials Business Group Profile Quality & EHS One of the Verification world's leading Established ISO 9001 suppliers of dry in 1988 1,288 Quality film photoresist (DF Note1 Taiwan 2 management systems products Task Force) USD$ 352 Chi na 6 ISO 50001 ISO 14046 The world's FY 2024 Energy W
Slide 21: Important Milestones in Business Development
Important Milestones in Business Development 1990 1990 Taiwan Ta-Fa Plant was established and started producing dry film photoresist 1995 1995 Established Eternal Chemical (China) Co., Ltd. Guangzhou (Southern China Slitting Plant) (Eastern China 1999 1999 Established Eternal Technology Corporation
Slide 22: Consolidated Revenue in Electronic Materials Business Group (2020~2025H1)
Consolidated Revenue in Electronic Materials Business Group (2020~2025H1) Electronic Materials Revenue in Electronic Materials Business Group NTD.Billion Eternal Group 250 550 505 490 442 425 450 200 384 350 145 150 133 Electronic Materials Products 129 113 250 Revenue Proportion 112 205 100 LM 150
Slide 23: Key Products and Applications
Key Products and Applications Dry film photoresist is the key component used in the image IT, communications, transfer process. It is widely used in precision etching and automobiles, Dry Film Photoresist electroplating products such as Printed Circuit Board (including semiconductors, consumer Rigid
Slide 24: Key Products and Applications
Key Products and Applications The screen printing process is used for text and graphic IT, communications, Liquid UV Curable markings on double-sided and multi-layer printed circuit automobiles, boards. It is suitable for printing text and graphic markings on semiconductors, consumer Marking Ink dou
Slide 25: The Layout of Electronic Materials Business Group in North American Market
The Layout of Electronic Materials Business Group in North American Market
Slide 26: North American Market Layout Agenda
1. Geopolitical Risks 2. North American PCB Industry Development Trends 3. Key Products of the North American PCB Industry 4. Global Layout of Electronic Materials Business group 5. Layout of Electronic Materials Business Group in North American Market 6. Conclusion 26
Slide 27: Geopolitical Risks
Geopolitical Risks US tariffs and global conflicts are driving significant raw material price fluctuations, which is accelerating corporate supply chain restructuring. Driven by the US-China conflict, the highly concentrated global PCB production in China has shifted to a "China+N" layout. Manuf
Slide 28: North American PCB Industry Development Trends
North American PCB Industry Development Trends According to PRISMARK Estimates, North American PCB Industry Trend (By Type): North American PCB Industry Trends (By Type) CAAGR 3.1% CAAGR 18.3% CAAGR 4.1% CAAGR 2.2% CAAGR 2.7% Source: PRISMARK & Eternal Materials Data Consolidation 28
Slide 29: Key Products of the North American PCB Industry
Key Products of the North American PCB Industry The North American PCB industry is entering a high-growth phase, primarily benefiting from high-performance computing demands from AI servers, smartphones, electric vehicles, and high-speed communication infrastructure. This is driving the rapid expans
Slide 30: Global Layout of Electronic Materials Business Group
Global Layout of Electronic Materials Business Group — Implementing a production and customer service layout close to industrial clusters — (計劃) 30
Slide 31: Layout of Group in North American Market
Layout of Electronic Materials Business Group in North American Market — Deeply cultivate the North America — Local supply chain and application technology team Provide flexible and immediate sales services for customer Production Site Distributor Location Technical Service Center Electronic Materia
Slide 32: Conclusion
Conclusion US reciprocal tariffs have increased global political risk, leading to a 1 significant rise in the trend of companies investing in the United States. We are targeting high-growth markets and high-end PCBs to drive future 2 revenue. This strategy, combined with continuous R&D, ensures our
Slide 33: Eternal Materials
RH 4 ETERNAL MATERIALS Elements of Infinite Possibilities
Eternal Materials — Investor conference hosted by President Securities Corp. 2025 on 6ix