Shinih Enterprise Co., Ltd. · TWSE:9944
Shinih Enterprise — 2025 Investor Conference
34 slides from Shinih Enterprise's conference presentation, 2025
Slide 1: 2025 Investor Conference
2025 Investor Conference TWSE：9944 WELCOME
Slide 2: Disclaimer
Disclaimer The above statements that pertain to future projections constitute the expectations ,opinions ,outlooks ,or predictions of our company based on information available at the time the statements were made. Such statements may be affected by known and unknown risks and inherent uncertainties
Slide 3: Attendees
Attendees President Tomas Spokesman Joyce Finance director Martin SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 3
Slide 4: Agenda
Agenda 1. Shinih Introduction Speaker: Joyce 2. Overview of Nonwovens and Prospect Speaker: Joyce 3. Financial Overview Speaker: Martin 4. 4. Q&A
Slide 5: Introduction
Introduction
Slide 6: Shinih's Introduction
Shinih’s Introduction 63 Years 6 15 Manufacturing 2 1000 Employees Countries Facilities Application Types Worldwide Insulation Materials Industrial Materials SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 6
Slide 7: Global Placement
Global Placement Tangshan Nevada USA Qingdao Taipei CHINA Changshu Headquarters Shanghai Bade (Taoyuan) Los Angeles Mississippi Hangzhou Dongguan Puzi Hanoi (Vietnam) Guantian TAIWAN brine Thailand Ho Chi Minh City (Vietnam) Vietnam Karawang Indonesia Production base : Office: • Taiwan /4 • Taiwan/1
Slide 8: What is nonwoven fabrics?
What is nonwoven fabrics ? Non-woven fabric is a material with a fibrous network structure formed without spinning or weaving. It is usually made of polymers, fibers or other synthetic materials. This material usually has good air permeability, water resistance and wear resistance, and is often used
Slide 9: Quick Overview of Nonwovens
Quick Overview of Nonwovens Meltspun Drylaid Airlaid Wetlaid • Opening/ Blending Web-Forming • Melt-blown • Carding • Airlaid •Wet Forming • Spunlaid • Cross Lapping • Drafting Mechanical Thermal Chemical • Calendering Web-Bonding • Hydroentanglement • Chemical • Through-air • Needle punch bonding b
Slide 10: New Core Competence - Substitute Fabric, Textile Recycling Supply Chain Management
New Core Competence- Substitute Fabric、Textile Recycling Supply Chain Management SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM
Slide 11: Shinih Nonwoven Technology
Shinih® Nonwoven Technology Resin cotton Needle Loose cotton Melt- Thermal Punched SpunBond Boned Continuous imitation Blown VFT Staple Fiber Padding pom poms Filament down Apparel Accessories Shoe Bedding Furniture Automotive Agriculture Medical SHINIH ENTERPRISE CO., LTD.
Slide 12: Market Applications
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Slide 13: Overview of Nonwovens
Overview of Nonwovens Annual growth rate 6.11% Estimate by 2025 2035 USD 610 billion USD 113.9 billion Source：Nonwoven Fabrics Market: Global Industry Trends, Share, Size, Growth, SHINIH ENTERPRISE CO., LTD. Opportunity and Forecast 2022-2027 WWW.SHINIH.COM 13
Slide 14: 2023 Nonwovens Production in Asia
2023 Nonwovens Production in Asia 2022 2023 Wetlaid 2% 3% Other Drylaid 2% 2% Spunbonded 48% Spunlaced 17% 17% Needle punched 21% 22% Thermal bonded 5% 5% Chemical bonded 3% 3% SHINIH ENTERPRISE CO., LTD. Source：ANFA 2023 ( Nonwovens_Production_in_Asia_2023.pdf ) WWW.SHINIH.COM 14
Slide 15: Prospect
Prospect SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 15
Slide 16: Operational Strategy
Operational Strategy Value UP H4：Sustainable Development Ecocycling H3：Supply Chain VALUE Supply Chain Brand Conformity H2：Higher level Process Spunlace Spunmelt H1：Core Needlepunch Chemica l Thermal NOW TIME SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 16
Slide 17: H1-Core: Complete manufacturing process
H1-Core：Complete manufacturing process Spunlaced Needle Resin Spunbond Resin Punched bonded bonded Needle Thermal Spun bond Thermal Punched composite bonded bonded Spunlaced material Be the best strategy partner. Small but complete in every detail. SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 17
Slide 18: H2 - Higher level Process: Process Integration
H2- Higher level Process ： Higher Value Production Development Wet-laid SCM Collaborative Development NP Process Integration Nature Nonwovens Polymer Finish Good Consumer Fiber Chemical Brand regeneration boned microfibre Thermal boned multicompo nent fibers Provide Comprehensive Solution Spunbond S
Slide 19: H3 - Supply Chain Conformity
H3- Supply Chain Conformity ： Cycle Adjustment for China inside and outside Japan、Korea USA CHINA TAIWAN SEA Supply chain reorganization Energy Factors Anti-globalization trend SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 19
Slide 20: Supply Chain Innovation: Persistence Model Close Loop
H3- Supply Chain Conformity ： Supply Chain Innovation OEM Model : PUSH SHINIH Finish Polymer Fiber Nonwovens Good Brand Consumer ODM Model : PULL Supply Chain Networking, Application Solution Provider SHINIH Persistence Model ：Close Loop SHINIH Finish Nonwovens Good Fiber Brand Persistence mode Cons
Slide 21: H4 - Sustainable development
H4 - Sustainable development Sustainability Development Profit People Planet SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 21
Slide 22: Sustainable development 5R
H4 - Sustainable development Sustainable development 5R Redesign Replace Reduce Recirculate Refine SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 22
Slide 23: Win-Win-Win: Less chemical, less resources, less cost
H4- Sustainable development WIN-WIN-WIN LESS CHEMICAL LESS RESOURCES LESS COST MORE SAVINGS SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 23
Slide 24: Innovation
H4- Sustainable development INNOVATION MATERIAL SUPPLY CHAIN PROCESS INNOVATION DISRUPTION REVOLUTION SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 24
Slide 25: Use, Borrow, Return
H4- Sustainable development Use Borrow Return We must prevent products to end up as landfill for as long as we can. SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 25
Slide 26: Green cycle
H4- Sustainability Innovation Spunlaced Needle Resin Resin Spunbond Punched bonded bonded Needle Spunbond Punched Thermal Spunlaced Thermal composite bonded bonded material G r e e n c yc l e Be the best strategy partner. Small but complete in every detail. SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM
Slide 27: Insulation Prospect
Insulation Prospect Application: Furniture Apparel Growth momentum Accessories SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 27
Slide 28: Industrial Prospect
Industrial Prospect Application: Civil Automobile Agriculture engineering Growth momentum Carpet Filter Packing Substrate COMPOSITE STRENGTHENER FILTRATION Higher level Process : STRETCH SPUNMELT Single component → Bicomponent Multi process complex SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 28
Slide 29: Financial Report
Financial Report SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 29
Slide 30: Revenue
Revenue Billion /NTD 3.0 2.8 2.6 2.6 TW 2.5 2.3 2.3 SEA 2.1 22% 2.0 1.8 1.7 USA 17% 1.5 32% CHINA 1.0 35% 22% 24% 0.5 24% 24% - 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 2024/1~9 2025/1~9 SHINIH ENTERPRISE CO., LTD. Source：SHINIH Finance Department WWW.SHINIH.COM 30
Slide 31: Gross margin, Operating profit margin, Net margin
Gross margin, Operating profit margin, Net margin Billion /NTD 3.00 75% 2.61 2.63 65% Net Sales 2.50 2.35 2.31 55% 2.11 2.00 45% 1.80 1.70 Gross Margin 35% 27% 30% 34% 1.50 23% 27% 22% 29% 25% Operating 1.00 20.2% 15% 9.2% 8.3% 9.4% Profit margin 4.5% 3.5% 5% 0.50 4.1% 1.8% 3.8% 1.3% 2.9% 3.8% 0.3%
Slide 32: EPS & Dividend Policy
EPS & Dividend Policy 5 4.71 4 3 2.12 2 EPS 1.49 Cash 1 1.05 1 0.69 0.6 0.4 0.3 0.05 0 2020Y 2021Y 2022Y 2023Y 2024Y 2025/1~9 -0.12 -1 2020Y 2021Y 2022Y 2023Y 2024Y 2025/1~9 EPS 0.69 4.71 2.12 1.49 0.05 (0.12) Cash 0.4 1.0 1.05 0.6 0.3 - Dividend Stock - - - - - - Dividend Payout 58% 21% 50% 40% 600
Slide 33: Q&A
Q&A SHINIH ENTERPRISE CO., LTD. SHINIH ENTERPRISE CO., LTD. WWW.SHINIH.COM 33
Slide 34: THANK YOU!
THANK YOU! SHINIH ENTERPRISE CO., LTD.