E Ink Holdings Inc · TPEX:8069
E Ink — Q1 2020 Earnings Presentation
13 slides from E Ink's earnings presentation, 2020
Slide 1: 2020 Q1 Investor Conference
2020 Q1 Investor Conference TM E Ink Kaleido
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation that are not strictly historical, including the statements regarding the market, economy, the Company's ePaper and other business, the Company’s future product launches, the Company's positioning and expectations for 2020 and future periods, and
Slide 3: Q1 Results
Q1 Results Revenue Gross Profit Operating Profit Highest Revenue Ever from 2,922 46.2% 68 E Ink Materials NTD, Million 1,349 NTD, Million NTD, Million • Revenue supported by materials -1% -15% +3.8% -1.8% +164% -75% sales growth even module sales YoY QoQ YoY QoQ YoY QoQ declined Non-Op Income Net In
Slide 4: Accomplishments
Accomplishments 5.65” Retail 9.7” Shipped eNote >1k samples to China Mobile around 30 customers x iFLYTEK 28”Signage E Ink x Innolux E Ink Gallery Palette™ (N-Color) TCON T1000 E Ink Gallery™ (ACeP) Yangzhou Capacity Resume 100% Operating Profit Net Income EPS Factory 60-70% Secure 68 787 0.69 Resta
Slide 5: Colorizing the Reading Experience
Colorizing the Reading Experience Pocketbook Color A5C Color Reading E Ink eReader Mobile Phone KaleidoTM Print Color C6 Poke2 Color eBOOK ePaper eReader eReader eReader Color with Paper-Like Experience Scaling up E Ink KaleidoTM • Color Filter Array (CFA) printed Capacity Front Light directly on E
Slide 6: Corporate Recognitions
Corporate Recognitions Pioneer to Utilize Renewable Corporate Governance Top 20% Center Energy among TPEx companies listed in 2018 and 2019 results Corporate Governance Board 國家再生能源憑證中心 and CSR Functions National Renewable Energy Certification Center Culture First company purchased renewable Regulat
Slide 7: Gross Profit Trend
Gross Profit Trend Gradually Raised Gross Profit% 46.2% • E Ink materials sales growth expand more module partners to diversify market segments • Operations optimization 29.5% continuous supply chain efficiency and manufacturing cost improvements 16Q1 17Q1 18Q1 20Q1 • Gross Profit% remained high 16Q
Slide 8: Operating Profit Migration
Operating Profit Migration NTD, Billion The Best Q1 Achievement in 45 68 the Past 9 years + • E Ink material sales growth Supply Chain -107 Efficiency & offset module sales decline - + Operations Cost Improvement -264 • Automation and cost reduction Module Materials as the continuing fundamental for
Slide 9: Financial Position Movement
Financial Position Movement Increased Cash and Financial Assets Increased Debt for Operating Needs NTD, Billion 29.4% 14.7 15.0 27.3% Debt Ratio 11.8 Financial 0.3 20.5% Assets 6.7 9.4 Book Value Per Share (NTD) Cash 11.5 24.3 25.8 25.3 8.0 5.6 18Q1 19Q1 20Q1 18Q1 19Q1 20Q1 9
Slide 10: Cash Flow Movement
Cash Flow Movement NTD, Billion Converted Cash on Hand for 11.5 Financial Investment and + Operations + Royalties - 8.0 • Financial investment for Operations + - 5.6 financial benefits Time Debts Cash - Capex others Deposit & Financial Dividends • Capex for expanding E Ink Assets Kaleido and materia
Slide 11: Global R&D Synergy
Global R&D Synergy Continue R&D Investment Innovation as Essential 462 R&D People 592 Million NTD 16 Q1 17 Q 1 18Q 1 19 Q1 20 Q1 Basic Principle 5000+ Patents Worldwide Materials, Module, Materials Advanced Tech. Module Advanced Tech. Advanced Tech. Materials, System Fremont, US Billerica, US Yangzh
Slide 12: Business Development beneath Post-COVID-19 Crisis
Business Development beneath Post-COVID-19 Crisis eLearning Grocery Retail A catalyst for speeding up Target Market Product Feature Ecosystem installation after the epidemic • Distance Education • Easy on Eyes • The well-built China • Home Schooling • Long Sustaining market as the forerunner • Test/
Slide 13: Thank You
Thank You www.eink.com E Ink is the originator, pioneer & commercial leader in ePaper technology