North-star International Co. Ltd. · TPEX:8927
North-star International — North-Star (8927.TT) Investor Conference (December 2025)
27 slides from North-star International's conference presentation, Dec 29, 2025
Slide 1: North-Star (8927.TT) Investor Conference
North-Star (8927.TT) Investor Conference 2025/12/29
Slide 2: Disclaimer
Disclaimer This presentation is prepared by NORTH-STAR international Co., Ltd. (the “Company”) and is solely for the purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or form any basis of investment deci
Slide 3: Petroleum Business Hospitality
Established in 1988, North-Star has been primarily engaged in the petroleum business. The company is responsible for the sales and operation of petrol stations on behalf of Chinese Petroleum Corporation (CPC) and Formosa Petrochemical Corporation (FPCC). To date, it has developed and operated over 8
Slide 4: Business Development
North-Star I Business Development Business Diversification Synergies 2024 profit reached a record high • Reaching 76 stations • SanLu Development Co., Ltd.changed • Riverine Landmark、Takuma – pre-sale • SanTi acquired North-Star the name to Santi Renewable Energy • Reaching 52 stations projects reve
Slide 5: Expansion Achievements
North-Star I Expansion Achievements In the past ten years, the revenue 14,000,000 scale has grown significantly by 222.20%, 12,000,000 2024 revenue exceeded the with a CAGR of 12.41%. NT$10 billion milestone 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 2014 2015 2016 2017 2018 2019 2020 In N
Slide 6: Business Strategy and Deployment
North-Star I Business Strategy and Deployment In the first 1-3Q of 2025, North-Star added six new petrol stations—Jianyi, Hanmin, Beiyang, Jiangcui, Bannan, and N- 27 stations Zhongxing Interchange—bringing the company’s nationwide total to 83 stations. M- 18 stations Nearly 50% of these are self-ow
Slide 7: Diverse Energy Supply
North-Star I Diverse Energy Supply Completed the installation of EV charging stations at 9 petrol stations, with a total of 18 charging points and 36 DC chargers. Taichung Yunlin Chayi Taitung Tainan Tainan Tainan Kaohsiung Pingtung 7
Slide 8: Land Development Achievements
2023年合併綜合損益表 North-Star I Land Development Achievements Revenue recognized upon handover in 1H25 Aimeichengpin Location: Land Parcel No. 105, Guangming Section, Pingtung City, Pingtung County Date of Permit Acquisition: October 28, 2024 Total Units/Sold Units: 74 units/74 units Sold Rate: Approximat
Slide 9: Business Status
2023年合併綜合損益表 North- Star I Business Status In NT$ Thousands 單位：新台幣仟元 3Q25 2Q25 QoQ 1-3Q25 2024 2023 Gross Sales 2,486,644 2,462,772 0.97% 7,540,269 12,540,793 7,697,962 Gross Profit 460,845 425,529 8.30% 1,289,609 2,826,455 1,228,452 Gross Profit Margin 18.53% 17.28% - 17.10% 22.54% 15.96% Operating
Slide 10: Balance Sheet
2023年合併綜合損益表 North- Star I Balance Sheet In NT$ Thousands 3Q25 2024 2023 2022 Current Asset 7,815,362 8,187,780 7,725,731 2,781,795 Cash and cash equivalents 1,130,478 1,145,716 1,264,015 1,355,886 Current contract assets 2,808 621,821 350,425 0 Non-current assets 27,085,795 24,894,832 21,350,220 13
Slide 11: Business Structure Overview
2023年合併綜合損益表 North-Star I Business Structure Overview Land Development Petroleum Green Energy Operation of Jin Shi Hu Hotel, Sales of products from CPC Solar PV, energy storage services, Kaohsiung Corporation and Formosa EV charging & electric bus sales, Completed the consolidation of land Petrochem
Slide 12: Profitability Enhancement
2023年合併綜合損益表 North-Star I Profitability Enhancement 2,826 3, 000 25. 00% Revenue Gross Profit/ Margin Operating Profit/ Margin 1, 800 14. 00% 1,567 22.54% 1, 600 2, 500 12. 00% 12,541 20. 00% 12.50% 17.10% 1, 400 2, 000 15.96% 10. 00% 1, 200 15. 00% 12.42% 8. 00% 1, 000 7,698 7,540 1, 500 1,290 6,75
Slide 13: Profitability Enhancement
2023年合併綜合損益表 North-Star I Profitability Enhancement The petroleum business generates strong cash flow. With ongoing scale expansion, the company remains committed to delivering returns to shareholders. Dividend payout ratios have increased steadily in recent years, consistently exceeding 70%. Over t
Slide 14: Strategic Outlook
2023年合併綜合損益表 North-Star I Strategic Outlook Expand Gas Membership Program Resource Integration Asset Utilization & Market Penetration & & for the EV Era Synergy Optimization Station Coverage Channel Efficiency Diversified Operations We are planning to deploy We plan to add two new By integrating gro
Slide 15: Aligned with ESG sustainability strategy
North-Star I Aligned with ESG sustainability strategy ◆ Established a Sustainability Development Committee responsible for overseeing and tracking the implementation of sustainability-related strategies. ◆ Continued expansion of the green energy portfolio through investments across SANTI ENERGY, tar
Slide 16: Aligned with ESG sustainability strategy
North-Star I Aligned with ESG sustainability strategy ◆ Actively supports employment rights for persons with disabilities, employing approximately 65 employees with disabilities, exceeding the statutory requirement by 55 individuals, accounting for nearly 5.73% of the total workforce. ◆ Entered into
Slide 17: Highlights of Investment (Hotel) 51% ownership
North-Star I Highlights of Investment (Hotel) 51% ownership The hotel is located next to the scenic Jinshi Lake, just 150 meters away from the Jinshi Lake Scenic Area on foot.Buildings A and B offer a total of 159 guest rooms, accommodating the capacity of approximately eight tour buses. 96,375 75,9
Slide 18: Real Estate Review and Future Outlook
2023年合併綜合損益表 North-Star I RealEstateReview and FutureOutlook 52% ownership Obtained director seats and control power in Q4 North-Star International Development Industrial Co, Ltd. of 2023, boosting future growth momentum. Shuiyunchuan — 17 Floors, 3 Basements / 239 Units ( 237 U. Sold) Completed in
Slide 19: Real Estate Review and Future Outlook
2023年合併綜合損益表 North-Star I RealEstateReview and FutureOutlook Yang Ghie Co., Ltd 50% ownership Mingrenju — 15 Floors, 3 Basements/ 141Units ( 27 U. Sold) / Expected Completion by 2025 Jiyao Construction Co., Ltd. 51% ownership Land Number 13~13-7 Zhongxing section — 4 Floors (townhouse)/ 8 Units / No
Slide 20: North-Star Construction Company
2023年合併綜合損益表 North-Star I North -Star Construction Company Yi Zi Kuan Location: Land Parcel No. 1613, Guoan Section, Annan District, Tainan City Date of Permit Acquisition: Estimated December 2027 Total Units/Sold Units: 307 units/287 units Sold Rate: Approximately 93.49% Floors: 20 above ground; 3
Slide 21: Highlights of Investment (Real Estate)
North-Star I Highlights of Investment (Real Estate) Yang Ghie Co., Ltd was established on April 7, 2020. Aimeiluhe Location: Land Number 113, BuHou Section, Zuoying District, Kaohsiung City Date of Permit Acquisition: Estimated August 2025 Total Units/Sold Units: 141 units/27 units Sold Rate: Approx
Slide 22: Investment Highlights - Jiyao Construction Company
North-Star I Investment Highlights - Jiyao Construction Company 2023年合併綜合損益表 Jiyao Construction Company was established on April 18, 2024. Zhongxing section 1 Location: Land Number 13 to 13-7, Zhongxing Section, Yanchao District, Kaohsiung City Date of Permit Acquisition: Estimated September 2027 To
Slide 23: Highlights of Investment (Renewable Energy)
North-Star I Highlights of Investment (Renewable Energy) 68.25% ownership In 2023, various business expansion initiatives were launched, setting the company on a path of profit growth and driving the overall EPS to reach 0.14 in 2024. AFC Energy Storage EV Charging & Model T Sales Gross Sales 300,88
Slide 24: Energy Storage Future Outlook
North-Star I Energy Storage Future Outlook Future Outlook - National Energy Storage Demand Projected to Reach 8 GW by 2030 • As the proportion of renewable energy in the power supply structure continues to rise, the demand for energy storage is growing in tandem. According to InfoLink research, Taiw
Slide 25: Core Technology of the Energy Storage Business
Core Technology of the Energy Storage Business Real-Time War Room Monitoring 01 02 Intelligent 01 Operations Management Technology Leveraging Intelligent Manufacturing Technology Currently, we hold seven certified power platform (IMT), a war room has been established, integrating trading licenses, e
Slide 26: Energy Storage Business Deployment – Integrated Service Offering
Energy Storage Business Deployment – Integrated Service Offering The company's energy storage operations have commissioned a 16MW battery site in southern Taiwan and secured d-Reg permits for 170MW capacity. With a total storage capacity of 352,000 kWh, the system is estimated to meet the full-day e
Slide 27: THANK YOU
THANK YOU
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