Collins Co., Ltd. · TWSE:2906
Collins — Collins Co., Ltd. 2023 Investor Conference
37 slides from Collins's conference presentation, Nov 29, 2023
Slide 1: Collins Co., Ltd. 2023 Investor Conference Preface
Preface Collins Co., Ltd. 2023 Investor Conference Please leave your questions or comments during our live broadcast. We will submit feedback to your message via the official website of Collins Co., Ltd. www.collins.com.tw Investor Relationship Mr. Perry Wang, Vice President and CFO/Spokesman 0
Slide 2: Investor Conference for the Year of 2023
Investor Conference for the Year of 2023 Presenter: Dr. Jessy Lee President November 29, 2023
Slide 3: Disclaimer
Disclaimer This report is based on information that the Company obtained from existing sources. Some information may be affected by uncertain factors resulting in any discrepancy between the original plans and future prospects. Any adjustment or change will be notified on the Market Observation Post
Slide 4: Agenda
Agenda ● Company Profile ● Business Scope ● Business Introduction ● Financial Results ● Invest for the Future ● Corporate Sustainability ● Business Development Strategy ● Q&A 3
Slide 5: Company Profile
Company Profile ● Established: May, 1969 ● Shares listed in TWSE (stock code: 2906) since December, 1989 ● Capital: NTD2.091 billion ● Number of Employee: 841 ● As of September 2023: - Consolidated assets = NTD11.371 Billion - Consolidated revenue = NTD5.8 Billion - Book value per share of the Compa
Slide 6: Business Scope
Business Scope Core Business Investment ● Exports of sundry goods, furniture, patio and garment ● J&V ENERGY TECHNOLOGY CO., LTD. ● Oversea Offices: USA and CHINA ● Oversea Affiliates: ● UNICO CELL BIOMED CO., LTD. QUALITY CRAFT LTD. (78%) Export BUs COLLTEX GARMENT MFY(HK) CO., LTD. ● TAIWAN BIO TH
Slide 7: Company Profile | Core Business
Company Profile｜Core Business Export Houseware Fire pit Hand tool Giftware Electric appliance Sporting goods Lighting X’mas tree Trim-a-tree Garden decoration Indoor/Outdoor Furniture Garment 6
Slide 8: Company Profile | Core Business: B2C in Amazon
Company Profile｜Core Business B2C in AMAZON Starting from Q3 2021, Collins initiated a B2C business by launching grill accessories with self- owned brand “MAGIC FLAME” via Amazon USA. Starting from Q3 2023, we have provided pizza oven roasting stoves. 7
Slide 9: Company Profile | Core Business: B2C in Amazon
Company Profile｜Core Business B2C in AMAZON Starting from Q1 2023, Collins initiated a B2C business by launching electric toothbrush with self-owned brand “ORAL MASTER ” via Amazon USA. 8
Slide 10: Company Profile | Core Business: Quality Craft
Company Profile｜Core Business HQ in Vancouver Canada, Quality Craft founded in 1984. QC has provided design and handy solutions that help people to renovate home, working/playground environment, specialized in branding and R&D. QC holds 19 patents and 48 registered trademarks, it owned three well-kn
Slide 11: Company Profile | Core Business: Colltex Garment
Company Profile｜Core Business Colltex Garment established in Hong Kong since 2006 by Collins. It dedicates to the ODM business for European and American brands of apparel with outsourcing its manufacturing worldwide. 10
Slide 12: Company Profile | Core Business: PT.TUNGYA COLLINS TERMINAL
Company Profile｜Core Business PT.TUNGYA COLLINS TERMINAL (TCT) was established in Indonesia in 1993. Its main business scope includes container distribution yards, freight, customs clearance, and warehousing services. Currently, it has distribution yards totaling 59,000 square meters and warehousing
Slide 13: Company Profile | Core Business: G2000
Company Profile｜Core Business Being the exclusive distributor of G2000 in Taiwan, there’re 71 mono-brand stores, including 30 free-standing and 41 shopping counters. Online shopping platform was launched on the Internet and mobile apps, promoting online- merge-offline business. G2000 is applying the
Slide 14: Company Profile | Core Business: BAYCREW'S GROUP
Company Profile｜Core Business Starting from March 2023, Collins has established a closer cooperative relationship with Japan's BAYCREW'S GROUP (BCG) to jointly develop its brands of clothing, catering and other product categories in Taiwan. Currently, there are 7 BCG-related counters in Taiwan (4 cl
Slide 15: Company Profile | Core Business: Journal Standard stores
Company Profile｜Core Business In November 2023, JOURNAL STANDARD relume, the world's first overseas independent store outside Japan, officially opened in Taipei Q square. The 2nd store is located in Mitsui LaLaPort Taichung, to be opened in February 2024. We will introduce more BCG’s clothing and ca
Slide 16: Company Profile | Core Business: MINOSHIN
Company Profile｜Core Business MINOSHIN International founded in 2014 and currently focuses on the successful operation of mono-brand stores of luxury products. Minoshin has a total of 17 physical stores in Taiwan, 1 official brand website, and 3 dedicated stores on e-comm platforms nationwide. Colli
Slide 17: Company Profile | Core Business: Hi-Clearance
Company Profile｜Core Business Hi-Clearance, founded in 1989 and listed in TPEx since 2009, has dedicated the distribution of medical equipment and consumable products, especially hemodialysis. The current collaboration involves a total of 40 dialysis centers. Collins has possessed a majority of voti
Slide 18: Company Profile | Core Business: Hi-Clearance results
Company Profile｜Core Business Hi-Clearance maintains stable profitability with moderate growth. In 2022, Hi-Clearance earned an EPS of NT$ 9.06. As of September 2023, the revenue was NT$ 2.91 billion, with a YOY decrease of 21.9%. REVENUE(billion NTD$) (EPS & DV,NTD$) 46.9 8.99 9.06 8.72 36.8 34.3 7
Slide 19: Company Profile | Core Business: GrowTrend
Company Profile｜Core Business Established in 2016, GrowTrend is focusing on design, production and distribution of equipments for healthcare and aesthetic medicine. The core technologies of GrowTrend include key modules for medical use, medical device translational technology, medical power supply t
Slide 20: Certificates and Awards
Company Profile｜Core Business Certificates and Awards Certifications and Awards GMP Export Certificate CE TFDA FDA Bi-level PAP Approval Approval Approval Filing HIFU Approval Approval Approval Mini BiPAP Approval Approval Filing Oxygen Concentrator Approval Gold medal award for “Micro Respirator” p
Slide 21: Company Profile | Investment Business: SunHo Healthcare
Company Profile｜Investment Business In 2019, SunHo Healthcare established Formosa Long-term Care (LTC) Corporation (FLTCC) and acquired ex- Huaji Hospital and surrounding areas in Taibao, Chiayi. It’s going to set up three 200-bed LTC centers, a 98-bed hospital (including of special care ward) and d
Slide 22: Company Profile | Investment Business: Asia Logistics
Company Profile｜Investment Business Asia Logistics, originally focused on distributing tobacco and alcohol products for Taiwanese companies, has been tapping domain into logistics services for fast-moving consumer goods since 2022. The company aims to become a preferred choice in logistics distribut
Slide 23: Company Profile | Green Energy Business
Company Profile｜Green Energy Business Collins has entered the renewable energy since February 2023. In our best efforts, Yu-Guang energy storage site was successful established in Guanyin District, Taoyuan. Afterwards, we passed the capability test from Taipower and joined the Taipower’s Automatic F
Slide 24: Company Profile | Green Energy Business: Collins Energy Solutions
Company Profile｜Green Energy Business Collins established a holding company for new energy businesses - Collins Energy Solutions Co., Ltd. (CES), to lead the provision and integration of renewable energy. The company capital is NT$200 million, Collins holds 51% of its shares. The scope of CES will c
Slide 25: Company Profile | Green Energy Business: Tuo-Sen
Company Profile｜Green Energy Business In August 2023, CES acquired a company named Tuo-Sen, which will operate a 4.9MW energy storage in Changhua County. We expect it obtain the capability certificate from Taipower within 1Q 2024. 24
Slide 26: Formosa Plastics Building Project Updates
Formosa Plastics Building Project Updates ● On June 16, 2023, a notice issued to all property owners for the demolition and relocation of the Formosa Plastics Building. ● By February 28, 2024, all landowners are required to complete the relocation process. ● Construction commencing officially on Sep
Slide 27: Nangang Software Park II Building
Nangang Software Park II Building Collins acquired office on the 9th-floor of Building F, Nangang Software Park II, with 19 parking spaces. The office and parking spaces are a total of 3,566 square meters, leased out completely, and generating a monthly rental income of NT$ 1.1 million and $13 milli
Slide 28: Shulin Logistics Warehouse Center
Shulin Logistics Warehouse Center Collins Shulin Building has a total inner area of 12,257 square meters in March 2023. The ground to 3rd floor (3F) all have been used by G2000 clothes warehousing, 5F and 6F are leased, 7F is served as the headquarters warehouse (4F available for lease). Monthly ren
Slide 29: Farglory U-TOWN Building
Farglory U-TOWN Building The 21st-floor office in Far Eastern U-TOWN Building C is the new Collins headquarter office, located in Xizhi District, New Taipei City. 28
Slide 30: Financial Results: Trend Snapshot
29 Financial Results Trend Snapshot Stable annual growth in operating revenue, gross profit margin, net profit margin, and earnings per share. Revenue(billion NTD$) 40 ( GM% & OI%) 30 29.47 24.5 25.86 25.43 89.52 22.9 23.34 20 82.5 10 3.62 3.9 4.06 5.04 5.17 2.75 72.25 0 69.36 2018 2019 2020 2021 20
Slide 31: Financial Results: Condensed Balance Sheet
Financial Results Condensed Balance Sheet Unit: NT Thousands Fiscal year Jan. - Sep. Jan. - Sep. % % Ratio Sep. 2023 Sep. 2022 Item 2023 2022 Cash& Cash Current Ratio 173.72% 121.78% 812,694 7.15 491,143 4.72 Equivalents Accounts and Debt Ratio 43.24% 44.56% 1,943,019 17.09 2,057,218 19.75 Notes Rec
Slide 32: Financial Results: Condensed Income Statement
Financial Results Condensed Income Statement Unit: NT Thousands Fiscal year Jan. - Sep. Jan. - Sep. % % VAR% Notes： Item 2023 2022 Net Revenue 5,800,832 100.00 6,938,518 100.0 (16.40) Sales revenue decreased by 16% Net profit decreased by 22%. Gross Profit 1,709,243 29.47 1,691,087 24.37 1.07 Main r
Slide 33: Financial Results: Revenue Breakdown
Financial Results Revenue Breakdown Revenue by Business: Revenue by Area: Jan. – Sep. Jan. – Sep. Jan. – Sep. Jan. – Sep. Business Area 2023 2022 2023 2022 Export BUs 31.37% 34.48% Taiwan 68.30% 65.24% Fashion BUs 18.33% 11.68% USA 20.09% 19.06% Bio-Medical BUs 36.70% 30.17% Canada 8.68% 11.17% Othe
Slide 34: Invest for the Future
Invest for the Future Shares Type of Name of Investee Industry Scope of Business owned by Corporation Collins J&V Energy has adopted a unique strategy, name "One-stop integrated Renewable service“, providing three major services related to the green energy industry, J&V Energy Technology Co., Ltd. E
Slide 35: Corporate Sustainability
Corporate Sustainability Environment Social Governance ● Complying with regulations, we aim to ● Following the UN SDGs on ‘No Poverty' ● Enhanced functions and performance of enhance energy efficiency and save water and 'Zero Hunger,' we have donated and the Board of Directors and each of towards a
Slide 36: Business Development Strategy
Business Development Strategy Export Fashion Retail Bio-Medical ● Since Q2 2023, buyers had paid travels ● By teaming up with international partners, ● Venture: to tap into Bio-Med. Tech., AI to the Asia Pacific region for product we are introducing more high-end brands and Renewable Energy fields t
Slide 37: Q&A
Q&A We will feedback to your message on the official website of Collins Co., Ltd. www.collins.com.tw Thank you for your participation.