Parpro Corporation · TWSE:4916
Parpro — Q3 2024 Earnings Presentation
23 slides from Parpro's earnings presentation, Dec 10, 2024
Slide 1: Partners in Production
aARPRO Partners in Production 12/10/2024
Slide 2: 免責聲明
免責聲明 PARPRO 的簡報包含具有重大風險和不確定性的前瞻性聲明。前瞻性陳述通常與未來的 事件或未來的財務或經營業績有關。在這種情況下, 您可以識別前瞻性語句, 因為它們包 含諸如 “可能” 之類的單詞, “將會”、“應該”、“預期”、“計畫”、“預測”、“可能”、“打算”、 “目標”、“專案”、“盤算”、“相信”、“估計”、“預估”、“潛在 ”或“ 繼續 ”, 或這些詞或其他 類似的術語或這些意思相反或負面的詞,涵蓋我們的期望, 策略, 計畫或意圖。 由於一些重要因素造成的風險和不確定性, 實際結果可能與前瞻性聲明中所包含的內容 有重大差異。這些因素包括但不限於: 我們競爭激烈的環境;我
Slide 3: Agenda
AGENDA & FINANCIAL SUMMARY 2024 & COMPANY UPDATE ® EXECUTIVE HIGHLIGHTS © STRATEGY/OUTLOOK/COMPETITION © Q&A
Slide 4: Income Statement (3Q,2024)
Income Statement (3Q,2024) NT$k 1Q~3Q24 1Q~3Q23 YoY Revenue 2,762,417 2,527,954 9.27% Gross Profit 341,067 397,989 -14.30% Operating Profit 38,212 161,196 -76.29% Non-operating profit (52,928) 13,623 -488.52% Pre tax Profit (14,716) 174,819 -108.42% Net Profit (64,467) 120,246 -153.61% Profitability
Slide 5: Balance Sheet Overview
Balance Sheet Overview NT$k 2021 2022 2023 2024Q3 TOTAL CURRENT ASSETS 1,526,637 1,999,206 2,122,070 2,045,061 TOTAL ASSETS 3,001,970 3,530,730 3,635,101 3,496,901 TOTAL LIABILITIES 1,788,928 2,056,551 1,631,976 1,534,243 SHAREHOLDERS'EQUITY 1,213,042 1,474,179 2,003,125 1,962,658 TOTAL LIABILITIES
Slide 6: Dividend Payout
Dividend Payout Per shar Year/Item Ex-divided date Base Date Pay Date Shreholder meeting EPS Stock dividend Cash dividend 2023 0 0.4 2024/7/29 2024/8/4 2024/8/21 2024/5/31 0.87 2022 0 0.4 2023/6/30 2023/7/8 2023/7/19 2023/6/1 1.21 2021 0 0.5 2022/8/17 2022/8/23 2022/8/31 2022/5/31 1.29 2020 0 0.5 20
Slide 7: At a Glance
AT A GLANCE $34.14億 700+ 4916:TW Group Revenue (Run Rate 2023) A full-service embedded design & manufacturing company with emphasis on Employees $27.62億 EMS & ODM Solutions. Worldwide Group Revenue (Run Rate 2024 Q3) In business since 2001, PARPRO was IPO in 2013 with a Taiwan (HQ) New Global Strate
Slide 8: Company History
COMPANY HISTORY • PARPRO is an established OEM Company with a solid Strategy/Structure and strong vertical focus on Aerospace & Defense, Gaming, Medical, Communications and Industrial applications. • Track record of acquiring and growing complementary businesses. • Strategy is well perceived by key
Slide 9: Parpro Presence
PARPRO PRESENCE EUROPE (1) SALES USA (2) TAIWAN (1) MEXICO (1) 2nd Building January 2025 650-700+ 4 TOTAL LOCATIONS EMPLOYEES
Slide 10: Locations
LOCATIONS PARPRO TECHNOLOGIES PARPRO CORPORATE PARPRO NEVADA PARPRO MEXICO PARPRO TAIWAN SANTA ANA, CA SAN DIEGO, CA HENDERSON, NV TIJUANA, MEXICO TAIPEI, TAIWAN North America HQ Corporate Office Sheet Metal Fabrication Cable & Wire Harness Assembly Global Headquarters PCB Assembly Metal Prototyping
Slide 11: Our Specialities
OUR SPECIALITIES Markets We Serve AEROSPACE/DEFENSE COMMUNCIATIONS/ GAMING/INFOTAINMENT MEDICAL INDUSTRIAL/OTHER EV CHARGING DATA STORAGE Cable/Wire Harnesses Gaming Boards PCB Assembly Data Center Switch, Industrial Automation EV Systems Electromechanical Gaming Kiosks/Slot Embedded Medical Applian
Slide 12: Market Requirements/Our Focus Markets
MARKET REQUIREMENTS/OUR FOCUS MARKETS Common Across Target Markets HighlyParietal Regulated Quality, Reliability Lobe Highly regulated (FAA, FDA, Gaming & Reputation Parietal Commissions, Federal Government, Lobe and reliability Quality ITAR) - Expensive to enter, very important certifications requi
Slide 13: Executive Highlights
EXECUTIVE HIGHLIGHTS • Factory Expansion - Mexico footprint expansion for expanding customer needs, along with strong demand to move away from China/Asia sourcing based on political influence • Geography provides resiliency against geopolitical tensions, flight time/costs, and tariffs while being mo
Slide 14: Executive Highlights
EXECUTIVE HIGHLIGHTS • Gaining Market Share by deepening existing customer relationships and being selective on customer cultural fit. • Experienced & Values-Based Management team managing through challenging market conditions. • Key Certifications – CMMC (Cybersecurity Maturity Model Certification)
Slide 15: Under the New USA Government Administration & President Trump
Strong Demand for North America Sourcing Away from China/Asia UNDER THE NEW USA GOVERNMENT ADMINISTRATION & PRESIDENT TRUMP Nearshore manufacturing is a trend that will continue to rise as offshore trade sectors such as China become more complex. PARPRO has over 250,000 sq.ft. of manufacturing space
Slide 16: Market Outlook 2025 for Parpro
MARKET OUTLOOK 2025 FOR PARPRO NEW DEFENSE GAMING AEROSPACE MEDICAL EV Charging OVERALL GROWTH STABLE GROWTH GROWTH NEW STABLE/PROFITABLE OPPORTUNITIES GROWTH High margins/profits With tighter With good margins PARPRO Mexico margins and profit achieved ISO13485 PARPRO kicking off Certification 2024
Slide 17: Clear Strategy for Growth
CLEAR STRATEGY FOR GROWTH MARCO-FACTORS INDUSTRY TRENDS COMPANY FACTORS • Outsourced manufacturing will • Innovation • Reputation and leadership continue to be a widely used • Increased demand for contract • Deep integration with clients’ business strategy for U.S. based manufacturing services plann
Slide 18: EMS Market Analysis: Forecast 2023-2030
Electronic Manufacturing Services (EMS) Market Analysis: Revenue, Growth Rate, Market Share and Forecast 2023-2030 PARPRO TARGETING POSITIVE GROWTH 2024 and beyond Via Niche/ Value Markets (Regulated Markets)
Slide 19: Mexico Expansion
EXPANSION MEXICO EXPANSION Existing Facility 135,000 sq.ft. PARPRO Mexico New Facility 115,000 sq.ft. • Utilize existing cross functions – HR, Finance/ Accounting, IT, Supply Chain, Employees Services (cafeteria, medical, parking) etc.
Slide 20: January 2025 Expansion
EXPANSION JANUARY 2025 Existing PARPRO Building Existing PARPRO Building Two factories adjacent so synergies can be utilized
Slide 21: Expansion
EXPANSION
Slide 22: Parpro Seashell
PARPRO Seashell 2020 2021 “We are getting Stronger & Stronger both in Revenue, 2022 QUARTER BY QUARTER Profitability, FOR 10 YEARS and as a Team” 2023 2025 - FUTURE LOOKS GOOD 2024 Strong backlog, China & Mexico in new political climate, military/government conflicts www.parpro.com 22
Slide 23: Thank You for Another Great Year! Q&A
THANK YOU FOR ANOTHER GREAT YEAR! Q&A www.parpro.com 23