Yang Ming Marine Transport Corp. · TWSE:2609
Yang Ming Marine Transport — 2021 Investor Conference
26 slides from Yang Ming Marine Transport's conference presentation, Aug 17, 2021
Slide 1: Yang Ming Marine Transport Corp. 2021 Investor Conference
Yang Ming Marine Transport Corp. 2021 Investor Conference 2021.08.17 1
Slide 2: Legal Disclaimer
Legal Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, further events or otherwise, and Yang Ming Marine Corp. (the “Company”) undertakes no obligation to publicly upda
Slide 3: Outline
Outline 1、 Container Shipping Overview 2、 Business Information 3、 Financial Results 4、 Operational Future Prospects 3
Slide 4: Container Shipping Overview
Container Shipping Overview 4
Slide 5: Economic Outlook
Economic Outlook • The global economy is set to expand 5.6 percent in 2021 and 4.3 in 2022. This recovery is uneven and largely reflects sharp rebounds in some major economies. In many emerging market and developing economies , obstacles to vaccination continue to weigh on activity. GDP Growth %,YoY
Slide 6: Supply and Demand
Supply and Demand 2021 supply and demand forecast • Drewry, and Clarksons research forecast demand will exceed supply with a rebound in port handling activity in 2021. Nevertheless, the overall development will be influenced by the evolving measures to contain COVID-19 and the progress of vaccinatio
Slide 7: COVID-19 A gradual recovery amidst persisting uncertainty
COVID-19 A gradual recovery amidst persisting uncertainty • Drewry’s port throughput prospects for 2021 (after adopting OECD GDP scenarios) would increase the annual growth rate to 11.8%, from the baseline 10.1%. The downside scenario would trim the growth forecast to 9.0%. Source：Drewry Container F
Slide 8: Marine Fuel Oil Price Outlook Singapore market price
Marine Fuel Oil Price Outlook Singapore market price • As the vaccines rollout, the global economic recovery is in sight, moreover, with the recent agreements from OPEC+ to extend the production cut, the oil market has marked positive in the first half of 2021. The uncertainty of OPEC+ on the verge
Slide 9: Business Information
Business Information 9
Slide 10: The Proportion of Consolidated Operating Income
The Proportion of Consolidated Operating Income ★AWE、PSW 、PNW ★Intra-East Asia ASIAI AMERICA 9% 33% ASIAII ★Middle East, Red sea, 16% South America, Australia, South Asia EUROPE 42% ★NCP、MED、TA、IEU Data interval:202101~202106 10
Slide 11: Lifting Volume Analysis - Lifting Volume in Year 2021 decreased by 7% YOY
Lifting Volume Analysis- Lifting Volume in Year 2021 decreased by 7% YOY 202001~06：2.38 million TEU 202101~06：2.22 million TEU America Europe Asia I Asia II America Europe Asia I Asia II 14.71% 16.87% 27.93% 28.16% 24.87% 23.12% 32.49% 31.83% 11
Slide 12: Market Share and Rank
Market Share and Rank • As of 2nd July 2021, YM’s market share is ranked 9th in the world. Source: Alphaliner, 2nd Jul 2021. 12
Slide 13: Trade Capacity Breakdown by Alliance
Trade Capacity Breakdown by Alliance relative balanced on trade capacity • THE Alliance accounts for 20% of • Market share of East-West Service global ship capacity, about 4.8 million 2M+Zim and OCEAN Alliance mainly TEU. focus on Europe – N. America and FE. – • 2M+Zim occupies the highest N. Americ
Slide 14: Financial Results
_— — Financial Results YANG MING
Slide 15: The Proportion of Consolidated Operating Revenue of Yang Ming Group
The Proportion of Consolidated Operating Revenue of Yang Ming Group 陽明海運 集 團 Logistics Bulk Container Shipping Wharf 3.95% 0.91% 94.96% 0.12% 15
Slide 16: Consolidated Income Statement
Consolidated Income Statement Unit：NT$ Million Items 2021H1 Operating Revenue 135,554 Gross Profit 75,818 Operating Income(Loss) 71,437 Net Income(Loss) 59,206 Profit(Loss),attribute to owners of the parent 59,052 EPS 17.88 16
Slide 17: Consolidated Operating Income, Gross Profit Margin and Net Income Margin
Consolidated Operating Income, Gross Profit(Loss) Margin and Net Income(Loss) Margin 17
Slide 18: Consolidated Operating FRT rate and Fuel price
Consolidated Operating FRT rate and Fuel price 18
Slide 19: Structure of Shareholders
Structure of Shareholders The latest closing date was March 16,2021 Government 35.39% Natural person 46.31% Financial institution Foreign 2.71% Legal entity investment 7.68% 7.91% Note : As of 2021.6.30, there is 33.60% of the shareholding ratio of government agencies. 19
Slide 20: Operational Future Prospects
Operational Future Prospects 20
Slide 21: Service Rationalization-Strategies
Service Rationalization-Strategies • Strengthen the competitiveness of east-west routes East-West through close cooperation with THE Alliance. • Develop potential market and deploy new niche service Network to create more benefit to customers. • Provide capacity to respond the market requirement inm
Slide 22: Yang Ming's Fleet Capacity and New Delivery
Yang Ming’s Fleet Capacity and New Delivery • Up to 30 JUN 2021, there are 88 vessels in Yang Ming’s fleet, and total capacity is 623,124 TEU 2021-2022 Own Vessels/Chartered-in Vessels / TTL Capacity 100 750,000 667,511 623,124 718,727 80 Own vessels 40 44 38 700,000 60 Chartered-in 40 650,000 Vesse
Slide 23: 2021 Future Prospects
2021 Future Prospects The second half year is traditional peak season for Europe, America, Australia trades. In addition, the situation of vessel delay/equipment shortage/lack of capacity and port congestion remained severe. Q3-Q4 Along with the widening gap between supply and demand, the ocean frei
Slide 24: Solutions for Environmental Regulations
Solutions for Environmental Regulations Diversify risks and cost saving Main solutions for IMO 2020 ECA Open sea Remark It will be taken into consideration as a Diversify risks and cost saving long term solution for next generation’s newbuilding plan after LNG (non-fossil fuel) Both adoptable a comp
Slide 25: Smart ship notation - 2800 TEU Container ship
Smart ship notation -2800 TEU Container ship 2020 Design Digital Analysis Center ES BOW Big data Best trim Best trim Smart ship ES Propeller Analysis (8,000 TEU CLASS) (14,000 TEU CLASS) (2,800 TEU CLASS) Smart Smart YANG MING YM YM Class Smart notation notation Rule Level application approval 2.8K
Slide 26: Q&A
Q&A 26
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