Eternal Materials Co., Ltd. · TWSE:1717
Eternal Materials — Q1 2021 Earnings Presentation
15 slides from Eternal Materials's earnings presentation, May 12, 2021
Slide 1: Eternal Materials
Eternal Materials 1
Slide 2: 2021 First Quarter Earnings Conference
2021 First Quarter Earnings Conference Speaker : Benson LIU, Spokesman / CFO 2021/5/12 Eternal Materials 2
Slide 3: Outline
Outline Profile Overview、Development Milestones、Business Group 、 Global Production Sites/Service Network/R&D Sites 、 Annual Sales Distribution 1Q21 Financial results Key messages Q&A Eternal Materials 3
Slide 4: Profile - Overview
Profile - Overview •Core Business： Manufacturing, processing and sales •Founding： in 1964, Headquarter in Kaohsiung, Taiwan •Year of Listed on Taiwan Stock Exchange：1994 •Chairman： Allen K. L. Kao •Number of Employees： 4,864 1 •Number of Production Sites：23 (3 in Taiwan, 13 in Mainland China, 1 in U
Slide 5: Profile-Development Milestones
Profile-Development Milestones 1964 1985 1989 2000 2004 2008 2013 2016 2020+ Eternal Materials 5
Slide 6: Profile-Business Group
Profile-Business Group Resin Materials 48.2% Dry Film Photoresist、Dry Film Solder Mask、 UV INK、Dry Film Photosensitive Polyimide、 Alkyd Resin、Solvent-Based Acrylic Coating Resin、 Liquid Polyimide Material、Vacuum Laminator、 Water-Based Acrylic Coating Resin、 Toll Coating Service、 Acrylic Resin For Ad
Slide 7: Profile-Global Sites : Production / Sales / R&D
Profile-Global Sites : Production / Sales / R&D Production Sites 23 Resin Materials：8 Buyers’ countries 65 Service Network 35 R&D Sites 11 Electronic Materials：14 High Performance Materials： 3 China Japan Production：13 Korea Sale：18 Production：3 Sale：1 Sale：3 R&D Center：1 Lab：1 Italy Applied Lab：7 U
Slide 8: Profile-Annual Sales Distribution
Profile-Annual Sales Distribution (In the recent 5 years) Unit : USD million 1,600 1,365 1,436 Group 1,400 1,303 1,299 189 China 1,200 Other 1,000 845 890 738 793 Taiwan 800 799 600 400 370 394 364 339 315 200 146 150 152 146 160 - 2016 2017 2018 2019 2020 Eternal Materials 8 8
Slide 9: Financial Information-Balance Sheets & Key Indices
Financial Information-Balance Sheets & Key Indices Unit：NT$ Millions 2021Q1 2020 2019 Amount % Amount % Amount % Cash and cash equivalents 6,304 11 6,170 11 6,076 11 and current financial assets Accounts receivable 17,471 30 17,523 31 15,361 29 Inventories 8,529 15 7,493 13 7,182 13 Financial assets
Slide 10: Financial Information-Statements of Comprehensive Income
Financial Information-Statements of Comprehensive Income Unit：NT$ Millions 2021Q1 2020 2019 Amount % Amount % Amount % Operating Revenue 11,202 100 38,370 100 40,363 100 Gross profit 2,563 23 8,886 23 7,857 19 Operating expenses (1,538) (14) (5,747) (15) (5,522) (14) Operating Income 1,025 9 3,139 8
Slide 11: Financial Information-Cash Flow Statements
Financial Information-Cash Flow Statements Unit：NT$ Millions 2021Q1 2020 2019 Amount Amount Amount Cash and cash equivalents at the beginning of the year 6,108 6,010 6,085 Cash flows from operating activities 110 4,148 4,946 Acquisition of property, plant and equipment (481) (1,458) (2,111) Increase
Slide 12: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits Unit：NT$ Millions Sales Q121 y/y q/q 1Q20 2Q20 3Q20 4Q20 1Q21 Sales 7,630 8,956 9,889 11,896 11,202 Sales +47% -6% Gross Profits 1Q20 2Q20 3Q20 4Q20 1Q21 Gross Profits +58% -7% GP 1,622 2,129 2,390 2,745 2,563 GPM 21.3% 23.8% 24.2% 23.1% 22.9% Eternal Materials 12
Slide 13: Performance by Segment
Performance by Segment NT$ Millions Sales Operating Profits Sales % Resin Materials Electronic Materials High Performance Materials y/y q/q y/y q/q Others 1% 1% 1% Resin 19% 18% 19% 5,456 +49% -6% 235 +95% -20% Materials 32% 32% 31% Electronic 3,511 +42% -11% 605 +250% -10% Materials 48% 49% 49% Hig
Slide 14: Recap of Recent Major Events
Recap of Recent Major Events • Eternal Materials Board of Directors Approved NTD1.5 Cash Dividend for the year of 2020 (2021/03/26) • Eternal Materials Board of Directors Approved the Establishment of a Wholly- Owned Subsidiary in Anhui, China to Expand Resin Production, with a Capital appropriation
Slide 15: Q & A Thank you
Q&A Thank you Eternal Materials 15