Soonest Express Co Ltd · TPEX:2643
Soonest Express — Q3 2022 Earnings Presentation
27 slides from Soonest Express's earnings presentation, Nov 3, 2022
Slide 1: Soonest Express Co., Ltd. 2022 Q3 Corporate Earnings Conference
2643 SOONEST EXPRESS CO., LTD. 2022 Q3 CORPORATE EARNINGS CONFERENCE 海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 公 司 網 址 : www.soonest.com http://www.soonest.com
Slide 2: Limitation of Liabilities
LIMITATION Of LIABILITIES This presentation contains predictive information released from the company’s internal and external sources. The actual operating results, financial conditions and the business prospects may be different from these forecasts and the reasons may due to various risks beyo
Slide 3: About Soonest
ABOUT SOONEST http://www.soonest.com
Slide 4: Company profile
ESTABLISHED Feb, 13, 1984 STOCK CODE 2643 IPO Mar. 4, 2016 CHAIRMAN C.M. Ku G. M. Kang Y. Sun CAPITAL INVESTMENTS. NTD 300,000,000 ADDRESS 4F, No. 34, Rui Guang Rd., Taipei 114, Taiwan SERVICES Air/ Ocean Freight Forwarding » Customs Declaration » Warehouses » Transportation and Delivery WORLDWIDE O
Slide 5: Global Offices
GLOBAL OFFICES 17 Offices、9 Warehouses TPE (HQ)、HKG、SZX、DGN、WUH、 SIN、PEN、 PVG、NBO、SNJ、HGH、 TAO SFO、LAX、ORD、JFK、DFW http://www.soonest.com
Slide 6: Core Services
OUR SERVICES AIR/OCEAN FREIGHT INTERNATIONAL FORWARDING COURIER CORE SERVICES INTEGRATED CUSTOMS WAREHOUSE / LOGISTICS DECLARATION IN-LAND TRANSPORTATION 海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 AIR/OCEAN 公 司 網 址 : www.soonest.com INTERNATIONAL LOGISTICS CO-LOADING MANAGEMENT http://www.soonest.com
Slide 7: 2022 Q3 Performance
2022 Q3 PERFORMANCE http://www.soonest.com
Slide 8: Performance - Consolidated Revenue
PERFORMANCE-CONSOLIDATED REVENUE (REVENUE MILLIONS) 5,000 4,000 3,000 2,000 1,000 - 2021前三季 (Q1-Q3) 2022前三季 (Q1-Q3) 營業收入(佰萬元) 3,547 4,472 http://www.soonest.com
Slide 9: Product Revenue
PRODUCT REVENUE UNIT：THOUSAND Air Freight Services 1,400,000 營業收入金額(仟元) 1,200,000 1,000,000 Ocean Freight Services 800,000 600,000 Other Services 400,000 200,000 - 空運服務 海運服務 其他服務 2021Q3 800,516 407,661 136,856 2022Q2 1,046,464 338,576 143,851 2022Q3 1,202,699 311,647 146,608 http://www.soonest.com
Slide 10: Product Ratio (Revenue)
PRODUCT RATIO (REVENUE) UNIT：THOUSAND 2021 Q1-Q3 2022 Q1-Q3 Ocean Other Ocean Other Freight Services Freight Services Services 369,516 Services 408,685 954,650 10% 1,004,786 9% 27% 23% Air Freight Air services Freight 2,223,069 Services 63% 3,058,097 68% http://www.soonest.com
Slide 11: Area Ratio (Revenue)
AREA RATIO (REVENUE) UNIT：THOUSAND 2021 Q1-Q3 2022 Q1-Q3 USA TAIWAN USA 348,901 TAIWAN 667,739 557,126 1,573,247 10% 19% 13% 35% ASIA ASIA 2,530,595 2,341,195 71% 52% http://www.soonest.com
Slide 12: Product Gross Margins
PRODUCT GROSS MARGINS 25.00% Air Freight Services Ocean Freight Services Other Services Average 20.00% 15.00% 毛利率 10.00% 5.00% 0.00% 空運服務 海運服務 其他服務 平均 2021Q3 10.52% 11.02% 17.89% 11.42% 2022Q2 15.36% 16.98% 20.72% 16.23% 2022Q3 21.96% 11.49% 14.98% 19.38% http://www.soonest.com
Slide 13: Operating Performance - Various Ratio
OPERATING PERFORMANCE –VARIOUS RATIO 45.00 40.00 35.00 30.00 25.00 Gross Margin (%) % Net Profit Margin (%) 20.00 EPS (NTD Dollars) 15.00 10.00 5.00 - 毛利率 (%) 營業淨利率 (%) 淨利(仟萬元) EPS (元) 2021Q1-Q3 10.88 6.70 19.06 6.35 2021前三季 2022 H1 2022上半年度 14.50 10.59 24.32 8.11 2022 Q1-Q3 2022前三季 16.32 10.90 42.1
Slide 14: Operating Performance - EPS
OPERATING PERFORMANCE-EPS EPS 16.00 14.00 12.00 10.00 8.00 元 6.00 4.00 2.00 NTD Dollars - 第一季 Q1 上半年度 前三季 年度 year H1 Q1-Q3 2019 0.55 1.30 2.85 4.60 2020 1.10 3.00 5.06 7.15 2021 1.60 3.63 6.35 9.72 2022 2.94 8.11 14.06 http://www.soonest.com
Slide 15: Operating Performance
OPERATING PERFORMANCE Categories 2020 2021 2022 Q1-Q3 Capital Debts Ratio ( % ) 39.93 40.50 44.78 Structure Liquidity Current Ratio ( % ) 256.57 255.57 233.68 Operating Average Collection ( TIMES ) 5.50 6.05 4.95 Performance Turnover Return on Total 14.52 17.11 24.82 ( % ) Assets Return on Equity 25
Slide 16: International Market Outlook & Challenge
INTERNATIONAL MARKET OUTLOOK & CHALLENGE http://www.soonest.com
Slide 17: Air Freight Performance - Taiwan Industry Production
AIR FREIGHT PERFORMACE – TAIWAN INDUSTRY PRODUCTION CARGO VOLUME INDEX: ANNUAL DROPPED 14.53 % GROWTH RATE COMPARE TO SAME DROPPED TO -4.8% TIME LAST YEAR Source: Taoyuan International Airport Corp. Ltd. http://www.soonest.com
Slide 18: Air Freight & Fuel Charges
AIR FREIGHT & FUEL CHARGES 2021.01 ~ 2022.09 FEUL CHARGES (TWD/KG) 70 USA FREIGHT CHARGES (TWD/KG) 60 500 450 50 400 350 40 300 250 30 200 美國運價 150 20 100 50 0 10 May 21' Dec 21' July 21' May 22' July 22' Feb 21' Aug 21' Nov 21' Feb 22' Aug 22' Mar 21' Apr 21' Sep 21' Jun 21' Oct 21' Mar 22' Apr 2
Slide 19: Ocean Freight Market During and After the Epidemic
OCEAN FREIGHT MARKET DURING AND AFTER THE EPIDEMIC SITUATION INDUSTRY VIEWS 1. Short Supply Global containers are shipped to Europe and the United States consuming countries , due to the lack of workers ,drivers , vehicles and racks, and the delay of railway and road transportation cause congestion
Slide 20: SCFI & Ocean Freight Charge
SCFI & OCEAN FREIGHT CHARGE CN – LAX OCEAN FREIGHT CHARGE (EACH 40’CONTAINER) USD 12,000.00 USD 11,300.00 USD 10,000.00 USD 11,000.00 USD 10,000.00 USD 9,700.00USD 9,550.00 USD 8,000.00 USD 8,550.00 USD 6,000.00 USD 7,500.00 USD 6,300.00 USD 4,000.00 USD 2,000.00 USD 0.00 1月 2月 3月 4月 5月 6月 7月 8月 海運價
Slide 21: Outlook and Challenge
OUTLOOK AND CHALLENGE 2022 Ukrainian-Russian war impacts global economy and disrupting energy resource 1. Prices soaring, economic growth slow 2. Lack of Energy supply and high pricing, total logistics cost remain high 3. Adjust shipping or flight schedule according to supply and demands 4. Europe
Slide 22: Outlook and Challenge (Cont'd)
OUTLOOK AND CHALLENGE (CONT’D) U.S. interest rate hikes, inflation, fiscal measures slow consumption 1. Consumption decreases, production slows down, inventory increases, and new product shipments have short-term effects 2. Promotional price reductions shipments bring a "peak season" phenomenon
Slide 23: Directions on Operation and Strategies
DIRECTIONS ON OPERATION AND STRATEGIES http://www.soonest.com
Slide 24: Operation Directions
OPERATION DIRECTIONS Increase / Optimize solutions Cost control Exert organizational effectiveness Increase number of customer http://www.soonest.com
Slide 25: Strategies
STRATEGIES - Increase customer base - Long-term cooperation with Diversified Products Education /Training domestic colleges and - Strengthen peripheral universities supply chain - Complete internal and external - Cross-strait, ASEAN market education and training - Global remote routes - Job rotation
Slide 26: http://www.soonest.com
http://www.soonest.com
Slide 27: http://www.soonest.com
海空運承攬 | 海空聯運 | 進出口報關 | 國際快遞 http://www.soonest.com