Feng Tay Enterprise Co., Ltd. · TWSE:9910
Feng Tay Enterprise — Feng Tay Enterprises — Q2 2023 Earnings Presentation
11 slides from Feng Tay Enterprise's earnings presentation, Sep 5, 2023
Slide 1: Feng Tay Enterprises Co., Ltd. Operating Information
Feng Tay Enterprises Co., Ltd. Operating Information Sep. 5, 2023 1 Feng Tay Enterprises Co., Ltd. Operating Information
Slide 2: About Feng Tay Group
About Feng Tay Group • Founded in 1971. • Capital: NTD 9,875 millions. • Main Business: Shoes Manufacture and Sales • Group Headquarters: Yunlin Science and Industrial Park in Taiwan. • Capacity: China(9%) , Indonesia(15%) , Vietnam(48%) and India(28%). • Total Number of Employees: around 140,000. 2
Slide 3: Agenda
Agenda • Financial Highlights – 2023/2Q • Consolidated Statements of Comprehensive Income – 2023/2Q • Consolidated Statements of Comprehensive Income – 2023/1~2Q • Consolidated Balance Sheets - 2023.6.30 • Consolidated Statements of Cash Flows – 2023/1~2Q • Consolidated Revenue & Profit Attributable
Slide 4: Financial Highlights – 2023/2Q
Financial Highlights – 2023/2Q NT$ in millions (unless otherwise noted ) 2Q/’23 1Q/’23 2Q/’22 QoQ YoY Consolidated Operating Revenue 20,656 19,503 24,763 6% -17% Consolidated Operating Gross Margin 19% 18% 26% +1ppt -7ppt Consolidated Operating Expenses Margin 13% 13% 13% - - Consolidated Operating
Slide 5: Consolidated Statements of Comprehensive Income – 2023/2Q
Consolidated Statements of Comprehensive Income – 2023/2Q NT$ in millions (unless otherwise noted ) 2Q/’23 1Q/’23 2Q/’22 QoQ YoY Revenue 20,656 19,503 24,763 +6% -17% Gross Profit 4,014 3,526 6,379 +14% -37% Operating Expenses -2,601 -2,600 -3,257 - -20% Operating Profit 1,414 927 3,122 +52% -55% No
Slide 6: Consolidated Statements of Comprehensive Income – 2023/1-2Q
Consolidated Statements of Comprehensive Income – 2023/1-2Q ( In NT millions except otherwise noted ) 1-2Q 2023 1-2Q 2022 YoY Amount % Amount % % Revenue 40,159 100 47,158 100 -15% Gross Profit 7,541 19 11,642 25 -35% Operating Expenses -5,200 -13 -5,967 -12 -13% Operating Profit 2,341 6 5,674 13 -5
Slide 7: Consolidated Balance Sheets – 2023.6.30
Consolidated Balance Sheets – 2023.6.30 NT$ in millions (unless otherwise noted ) 2023.6.30 2022.12.31 2022.6.30 Amount % Amount % Amount % Cash 4,316 8% 5,076 10% 3,757 8% Accounts Receivable 8,541 17% 8,793 17% 9,469 19% Inventory 8,912 18% 9,104 18% 9,820 20% Long-Term Investment 1,031 2% 1,051 2
Slide 8: Consolidated Statements of Cash Flows – 2023/1~2Q
Consolidated Statements of Cash Flows – 2023/1~2Q NT$ in millions (unless otherwise noted ) 2023 2022 2021 2020 1/1~6/30 Beginning Balance 5,076 3,820 4,717 4,038 Cash from Operating Activities 735 16,849 1,755 8,589 Capital Expenditures (1,905) (4,531) (3,403) (3,531) Cash Dividends - (3,615) (3,26
Slide 9: Consolidated Revenue & Profit Attributable to Owners of Parent
( NT$M) Consolidated Revenue 100,000 95,903 90,000 80,000 73,930 70,350 68,960 70,000 64,498 55,804 58,122 58,633 60,000 47,654 47,941* 50,000 36,847 38,148 40,000 30,000 20,000 10,000 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 1~7 ( NT$M ) Profit Attributable to Owners of Parent
Slide 10: Earnings Per Share
(NT$) Earnings Per Share **** 1.10 1.15 1.15 1.2 1.05 1.04 0.98 1.0 0.89 0.86 0.90 0.78 0.78 0.8 0.6 0.51 0.40 0.38 0.46 0.44 0.39 0.38 0.48 * 0.4 0.26 0.15 0.2 0.04 0.0 (0.2) (0.4) (0.6) -0.43 -0.42 YY/MM * unaudited consolidated earnings Year / Quarter 1Q 2Q 3Q 4Q 2023 0.76 1.21 2022 2.35 2.93 3.0
Slide 11: Q&A
Q&A 11 Feng Tay Enterprises Co., Ltd. Operating Information