Evergreen Marine Corp. (taiwan) Ltd. · TWSE:2603
Evergreen Marine Corp. (taiwan) — Evergreen Marine — 2024 Investor Conference
22 slides from Evergreen Marine Corp. (taiwan)'s conference presentation, September 2024
Slide 1: Evergreen Marine Corp. 2024 Investor Conference
TSE : 2603 Evergreen Marine Corp. 2024 Investor Conference 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 Evergreen Marine Corp. (the “Company”) undertakes no obligation to publicly update
Slide 3: Agenda
Agenda Container 4 Business 3 Strategy Shipping 2 Outlook Financial 1 Information Company Overview 3
Slide 4: Company Overview
1 Evergreen Marine Corp. Company Overview 4
Slide 5: Infographic
+ 10 TEU 220 Vessel | Ｇroup fleet 2023 lifting / Millions TEU Infographic 5.6% Capacity market share 1.72 millions TEU 7 th World ranking 113 Countries Operational capacity Global coverage + + 13 250 320 150 Offices and Agents Weekly services Owned Terminals Terminal services 5
Slide 6: Financial Information
2 Financial Information 6
Slide 7: Consolidated Income Statement 2024 H1
1 Consolidated Income Statement 2024 H1 Item Operating Revenue Unit：NT$ Millions 2024 H1 194,967 Ship Rental & Commission & Agency Income 0.39% Slottage Income 0.82% OPERATING Others 4.85% Marine Freight Income REVENUE 93.95% Operating Cost (140,125) Gross Profit (Loss) 54,842 Operating Income (Loss
Slide 8: Financial Ratios
2 Financial Ratios 400% 350% 300% 301.92% 293.51% 284.50% 240.87% 250% 213.10% 200.44% 158.46% 187.00% 200% 150% 100% 50% 34.36% 48.98% 37.85% 35.67% 35.30% 36.89% 0% 34.83% 34.38% 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Current Ratio Debt Ratio 8
Slide 9: Quarterly Consolidated Operating Income, Gross Profit Margin and Net Income Margin
3 Quarterly Consolidated Operating Income, Gross Profit Margin and Net Income Margin 2,400 40% 2,200 33.75% 35% 2,000 31.66% 1,800 28.75% 30% 1,600 22.16% 25% 1,400 20.48% 21.38% 1,200 17.05% 20.56% 20% 1,000 12.81% 1,063 15% 800 886 9.59% 9.48% 600 728 697 10% 668 674 400 5.92% 5% 200 0 0% 2023 Q1
Slide 10: Quarterly Consolidated Operating Income
4 Quarterly Consolidated Operating Income 2,000 1,800 1,600 1,400 1,708 1,750 1,435 1,704 (NT $100 Millions) 1,560 1,200 1,063 1,110 1,000 1,000 900 886 800 728 697 674 647 668 550 600 435 439 400 200 0 Q1 Q2 Q3 Q4 2020 2021 2022 2023 2024 Quarterly Consolidated Operating Income (NT $100 Millions) 1
Slide 11: Consolidated Operating Revenue, Volume and Fuel
5 Consolidated Operating Revenue, Volume and Fuel (NT $100 Millions) USD 10 thousands TEU 2,000 500 1,821 1,767 1,800 450 1,600 400 1,400 350 1,408 1,200 1,104 1,071 1,064 300 1,037 1,000 907 250 862 840 844 841 787 763 780 800 200 572 595 576 557 526 532 534 518 514 513 532 548 551 600 495 479 150
Slide 12: Container Shipping Outlook
3 Container Shipping Outlook 12
Slide 13: World Economic Outlook Positive development
1 World Economic Outlook Positive development 6.0 5.0 World Economic Outlook Growth Projection 5.2 5.0 4.5 5.7 5.4 5.1 4.0 4.0 3.3 3.2 3.3 3.0 2.7 2023 2.5 2.6 2.4 2.3 2024 1.9 1.9 2.0 2.0 2025 1.5 0.9 1.0 0.5 0.0 World Output United States Euro Area China Emerging and Latin America Middle East and
Slide 14: Supply & Demand Red Sea Risk, Port congestion, Empty container Reposition
2 Supply & Demand Red Sea Rick, Port congestion, Empty container Reposition Million 35 30 ( Cellular Fleet Growth vs Global Throughput 10.5 % 15 ) 8.1 10 7.6 7.2 25 5.8 5.8 4.0 4.1 5 20 2.9 1.8 Fleet Capacity(year end, Mteu) 4.5 3.8 3.8 % Annual Capacity Growth 15 2.5 3.0 2.5 1.8 0 % Global Throughp
Slide 15: Containerized Freight Index
3 Containerized Freight Index Freight 12,000 Shanghai Containerized Freight Index SCFI High USWC USEC EUR MED. SCFI 6,000 10,000 4,856 5,000 8,000 4,000 3,185 6,000 3,000 2,628 2,038 4,000 2,000 Low 2,000 982 1,000 - - 21 Q1 21 Q2 21 Q3 21 Q4 22 Q1 22 Q2 22 Q3 22 Q4 23 Q1 23 Q2 23 Q3 23 Q4 24 Q1 24
Slide 16: Business Strategy
4 Business Strategy 16
Slide 17: Challenges and Responses of shipping industry
Challenges and Responses of shipping industry Green Vessels New Build Containers Key Terminals Decarbonization Progress 17
Slide 18: Green Vessels
1 Green Vessels Top 12 Carriers Newbuilding Delivery Schedule 2026-28 Scheduled Deliveries 16K Methanol DF Vessel 2025 Scheduled Deliveries 2024 Scheduled Deliveries Operated Fleet As at 1 July 2024 Source: Alphaliner MM Aug. 2024 18
Slide 19: New Build Containers / Reefer Online
New Build Containers 2 TEU Total Containers REEFER ONLINE 2,700,000 2,681,191* 2,600,000 2,445,063 2,500,000 Reefer Unit Smart Reefer Cargo Tracking 2,374,342 2,400,000 2,330,605 On-line monitoring： 2,327,084 2,284,411 Temperature 2,300,000 Humidity 2,328,240 39,000+ Cold Treatment 2,200,000 u
Slide 20: Key Terminals
3 Key Terminals Tacona, WA Rotterdam Oakland, CA Los Angeles, CA Abu Quir Kaohsiung Panama Colon Singapore 20
Slide 21: Decarbonization Progress
4 Decarbonization Progress Evergreen Fleet-Greenhouse Gas Emission Reduction Roadmap 120 100.45 Baseline (2008) 100 91.34 83 80 75.42 68.62 62.58 57.31 60 52.81 48.13 47.49 44.78 41.2 41.12 42.68 38.2 40 31.7 Emission Reduction Roadmap 20 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Slide 22: THANK YOU
THANK YOU 22