Jian Sin Industrial Co., Ltd. · TPEX:4502
Jian Sin Industrial — Investor Conference 2022
21 slides from Jian Sin Industrial's conference presentation, Dec 21, 2022
Slide 1: Jian Sin Industrial Co., Ltd. Investor Conference
Jian Sin Industrial Co., Ltd. 4502.tw Investor Conference 2022.12.21 Disclaimer: This presentation and related information released are taken from company's internal and external information, the outlook reflecting company's views to the future. If any changes or adjustments to these opinions in t
Slide 2: Introduction
Introduction 1 Company Profile 2 Operation Performance 3 Future Prospects 1
Slide 3: Company Profile
Company Profile 1978 First Factory established in Changhua Industrial Park. 3 1995 listed to Taiwan OTC market（4502.tw） History： 2006 Second Factory established in Suzhou NDZ Park. 2015 Company restructured Capital： NTD 581 million Taiwan Plant : 57,251㎡ Factory： China Plant: 68,000㎡ Taiwan
Slide 4: Global offices and facilities: North America, Europe, Asia
North America: Europe: Asia: Office in Detroit, MI Office in Munich and Stuttgart Factory & HQ in Taiwan Warehouse in MI, CA, GA Warehouse in Rotterdam Factory in Suzhou, China 3
Slide 5: Customers
Customers Factory Annual Capacity(pc) Main Customers Rivian, BMW, Aston Martin, Aluminum Rim: 420,000 Jian Sin Industrial Co., Ltd. McLaren, Roush, Suzuki, Subaru, Steel Rim: 960,000 CMC, YL, Luxgen Volvo, Polestar, GM, Suzuki, Karma, Suzhou Yuan Chen Aluminum Wheel Company Aluminum Rim: 720,000 Nor
Slide 6: Product and Process
Product and Process 5
Slide 7: Product Application
Product Application Product Type Application Customers Steel Rim Commercial Vehicles CMC、North America After Market Low Pressure Cast Regular Passenger CMC、YL、Luxgen、Suzuki、Subaru、Karma Aluminum Vehicles Light Cast Aluminum EV、Luxury Rivian、BMW、Volvo、Polestar、Roush Rivian, BMW, Aston Martin, McLaren
Slide 8: Process – Steel Rim
Process – Steel Rim Material Stamping Welding Painting Inspection Packing Cutting 7
Slide 9: Process – Cast Rim
Process – Cast Rim Flow Heat Melting Casting Machining Painting Inspection Packing Treatment Form 8
Slide 10: Process – Forge Aluminum
Process – Forge Aluminum Flow Heat Forging Machining Polish Painting Inspection Packing Treatment Form 9
Slide 11: Process – Forge Magnesium
Process – Forge Magnesium Flow Heat Pre- Forge Machining Painting Inspection Packing Treatment Form Treatment 10
Slide 12: Operation Performance
Operation Performance 11
Slide 13: Financial Analysis Report: Statement of Comprehensive Income
Financial Analysis Report Operation Performance Analysis-Statement of Comprehensive Income Unit: NT$ thousands Account title Years Jul.~Sep. Apr.~Jun. Jan.~Mar. Total 2022 421,831 364,673 351,308 1,137,812 Operating revenue 2021 412,777 328,338 381,037 1,122,152 DIFF 9,054 36,335 -29,729 15,660 2022
Slide 14: Consolidated Income Statement for Factories
Financial Analysis Report Operation Performance Analysis-Consolidated Income Statement for Factories Unit: NT$ thousands Periods Account Title Jian Sin Yuan Chen Total Operating revenue 480,624 657,188 1,137,812 Sept.30 2022 Gross Profit Margin 17.98% 12.71% 14.94% Profit (loss) before tax 14,619 (7
Slide 15: Balance Sheet (1/2)
Balance Sheet (1/2) Unit : NT$ thousands 2022/9/30 2021/9/30 Diff 項目 Amount % Amount % Amount % Cash and cash equivalents 284,776 10.77% 239,839 10.24% 44,937 18.74% Current financial assets at 55491 2.10% 44,661 1.91% 10,830 24.25% amortised cost Current contract assets 48,301 1.83% - 0.00% 48,301
Slide 16: Balance Sheet (2/2)
Balance Sheet (2/2) Unit : NT$ thousands 2022/9/30 2021/9/30 Diff Account title Amount % Amount % Amount % Short-team loan 676,157 25.58% 624,533 26.67% 51,624 8.27% Current contract liabilities 17,690 0.67% 2,166 0.09% 15,524 716.71% Notes payable 25,905 0.98% 23,603 1.01% 2,302 9.75% Accounts paya
Slide 17: Changes in Financial Ratios and Cash Flow Analysis
Financial Analysis Report Changes in Financial Ratios Title 2022.9.30 2021.9.30 Diff － Consolidated Statement： Current ratio 119% 95% 24% Debt ratio 74% 80% -6% Cash Flow Analysis Unit: NT$ thousands Account Title 2022.9.30 2021.9.30 －Consolidated Statement： Cash and cash equivalents at beginning of
Slide 18: Sales Revenue Proportion
Sales Revenue Proportion 2022.1-9 2021 2020 3%5% 3%5% 3%6% 92% 92% 91% Wheel Service revenue Other Wheel Service revenue Other Wheel Service revenue Other Unit: NT$ thousands 2022 1-9 2021 2020 1,137,812 1,426,336 1,453,087 17
Slide 19: Sales Revenue by Region
Sales Revenue 2022.1-9 2021 2020 5% 16% 13% 14% 17% 17% 55% 52% 57% 24% 12% 18% USA China Taiwan Other USA China Taiwan Other USA China Taiwan Other 18
Slide 20: Future Prospects
Future Prospects 1. Increase number of customers in Europe, China, US in 2023、2024. 2. China and Taiwan factory equipment upgrade completed, continue to improve process yield rate and quality to reduce production cost. 3. Became world-class leading company by co-developing new technology and magnesi
Slide 21: Thank you
Thank you