Slide 1: Sun Max Tech Limited 2020 Investor Conference
Sun Max Tech Limited 2020 Investor Conference Sun Max Tech Limited Stock Code: 6591 1
Slide 2: Disclaimer
Disclaimer The following pages contain projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but may involve risks and uncertainties.
Slide 3: Contents
Contents 1 Company Profile 2 Operation Results 3 Core Competitiveness 4 Industry Overview 5 Future Prospects 3
Slide 4: Company Profile
1 Company Profile 4
Slide 5: Background
1 Company Profile Background Vincent NT$312 2013/11/28 Hsu mn Established President Paid in Capital Date 5
Slide 6: History
1 Company Profile History 1998 2003 2013 2014 2017 2019 Power Logic Dong Guan SUN MAX TECH Power Logic Power Logic Power Logic Tech. Inc. Dong Li Dian LIMITED(The (Tai Yi) Co., Ltd. Listed in TSE, (Jiang Xi Tai Yi) was Zi Co. Ltd. Parent Established- Stock Code CO.,LTD established Established Compan
Slide 7: Headquarters and Production Base
1 Company Profile Headquarters and Production Base Power Logic (Jiang Xi TAI YI) CO.,LTD Sun Max Tech CO.,LTD Dong Guan Dong Li Dian Zi CO.,LTD 7
Slide 8: Supply Chain
1 Company Profile Supply Chain Shipping Raw Materials Parts Assembly Cooling Mold Application (Up Stream) Factory Factory Industry (Down Ordering (Mid Stream) (Mid Stream) Stream) 8
Slide 9: Applications
1 Company Profile Applications Cooling 5G Industrial Intelligent Automotive Gaming NB Netcom Fans Control Home Appliances 9
Slide 10: PC Related Fan
1 Company Profile PC Related Fan 1. MSI RTX3080 2. ASUS TUF RTX3080 3. Gigabyte RTX3080 4. EVGA RTX3080 5. Be quiet Dark Power PRO 12 6. PREDATOR ORION 3000 2 1 3 7. MSI Z490 Godlike 4 5 6 8. MSI X570 Gaming Plus 9. Gigabyte Aorus Liquid Cooler 360 7 8 9 10
Slide 11: New LED Fan
1 Company Profile New LED Fan 1. Bracket LED Fan 1 2 2. Frame LED Fan 3. Narrow frame LED Fan 3 4 4. Corner LED Fan 11
Slide 12: Operation Results
2 Operation Results 12
Slide 13: 1-3Q Product Mix
2 Operation Results 1-3Q Product Mix 2020 / 6% 2020 / 8% 2020 / 83% 2020 / 2% 2020 / 1% 2019 / 4% 2019 / 7% 2019 / 81% 2019 / 6% 2019 / 2% +2% +1% +2% -4% -1% Industrial Control PC Gaming Netcom Automotive / Intelligent / Others Home Appliances 13
Slide 14: 2020 3Q Income Statement (YoY)
2 Operation Results 2020 3Q Income Statement(YoY) Unit: NT$ Thousands Item 2020 3Q % 2019 3Q % YOY Total Revenue 449,206 100.0 356,283 100.0 26.1 Gross Profit 140,302 31.2 113,590 31.9 23.5 Operation Expenses 63,143 14.1 45,857 12.9 37.7 Operating profit 77,159 17.2 67,733 19.0 13.9 Non‐Op Income (1
Slide 15: 2020 1-3Q Income Statement (YoY)
2 Operation Results 2020 1-3Q Income Statement(YoY) Unit: NT$ Thousands 2020 2019 Item % % YOY 1‐3Q 1‐3Q Total Revenue 1,090,019 100.0 848,996 100.0 28.4 Gross Profit 328,453 30.1 202,861 23.9 61.9 Operation Expenses 167,626 15.4 126,567 14.9 32.4 Operating profit 160,827 14.8 76,294 9.0 110.8 Non‐O
Slide 16: Core Competitiveness
3 Core Competitiveness 16
Slide 17: Vertical Integration
3 Core Competitiveness Vertical Integration Production Product Order Development Lead Wire Plastic SMT Mold Processing Injection Processing Development Impeller Processing Motor Processing Complete Product 17
Slide 18: Automated Manufacturing
3 Core Competitiveness Automated Manufacturing 18
Slide 19: Industry Overview
4 Industry Overview 19
Slide 20: Gaming Industry Forecast
4 Industry Overview Gaming Industry Forecast Unit：USD$ Billion/ USD$ CAGR 8.3% 250 200.8 200 150 159.3 PC 100 Game Console 50 I Pad Mobile 0 Phone 2019 2020(e) 2021(f) 2022(f) 2023(f) According to Newzoo Global Games Market Report, the global gaming expenses is expected to reach 159.3bn USD in 2020,
Slide 21: dGPU Market Share
4 Industry Overview dGPU Market Share 120% 100% 80% 71% 75% 60% 80% 40% 20% NVIDIA 29% 25% 20% AMD 0% 2019 Q2 2020 Q1 2020 Q2 According to JPR analysis, NVIDIA dGPU market share was 71% in 2Q 2019, and constantly grew to 75% in 1Q2020 and 80% in 2Q 2020 Source: JPR 21
Slide 22: Server Industry Forecast
4 Industry Overview Server Industry Forecast Unit：Million Units (Shipments) CAGR 6.5% 25 12.0% 22.107 20.546 9.5% 19.22 10.0% 20 18.013 16.921 15.994 8.0% 15.238 15.06 7.6% 15 6.7% 6.9% 6.0% 6.2% 6.5% 5.8% 10 4.0% 2.0% 5 0.0% 0 -1.2% -2.0% 2018 2019 2020 (e) 2021 (f) 2022 (f) 2023 (f) 2024 (f) 2025
Slide 23: Intelligent Home Appliances Industry Forecast
4 Industry Overview Intelligent Home Appliances Industry Forecast Unit：USD$ Billion/ USD$ CAGR 14.02% 80.0 73 70.0 60.0 50.0 42.4 40.0 30.0 Others 20.0 Asia 10.0 Europe 0.0 2019 2020(e) 2021(f) 2022(f) 2023(f) 2024(f) 2025(f) According to MarketStudyReport estimate, smart home appliance market grows
Slide 24: Intelligent home appliances / Intelligent robot
4 Industry Overview Intelligent home appliances /Intelligent robot Intelligent Small indoor Car/Desk air Folding mobile air air purifier purifier ultraviolet purifier sterilizer Personal Humidifier Small antibacterial dehumidifier Cooling fan 24
Slide 25: Future Prospects
5 Future Prospects 25
Slide 26: PC Related
5 Future Prospects PC Related 2019 2020 2021 2022 2023 2024 2025 Gaming Cooling Fan Gaming LED Light Board/ Fan 26
Slide 27: Niche Market
5 Future Prospects Niche Market 2019 2020 2021 2022 2023 2024 2025 5G Server 5G Telecom IPC Cooking Intelligent Home Appliances Air Filter Intelligent Home Appliances Epidemic Prevention Intelligent Home Appliances 27
Slide 28: Niche Market
5 Future Prospects Niche Market 2019 2020 2021 2022 2023 2024 2025 Autos AVN Autos HVAC Water Cooling Gaming Water Cooling Netcom 28
Slide 29: End
End Thank You Beyond limits. Beyond today. 29