Hotai Motor Co., Ltd. · TWSE:2207
Hotai Motor — Investor conference invited by Taishin Securities (May 2023)
35 slides from Hotai Motor's conference presentation, May 31, 2023
Slide 1: Hotai Motor Co., Ltd
HOTAI MOTOR CO., LTD 22071T @ DRS
Slide 2: Agenda
Agenda ◆ Company introduction ◆ 2023 Q2 Financial result ◆ 2023 Operation Highlight ◆ Q&A
Slide 3: Company introduction
@ NRA Company introduction
Slide 4: Company introduction
Company introduction Establishing date: September 1947 Chairman: President: Executive Vice President: Mr. Huang Nan-Kuang Mr. Justin Su Mr. KAZUO NAGANUMA Capital amount: Sales turnover: Employees: ： NT$5.462 billion 130.4billion ( 2022) 563 people ( 2022 ) Product brands: TOYOTA, LEXUS, HINO Trucks
Slide 5: Affiliates
Affiliates Car Rental and MaaS Hotai Mobility Service (yoxi)
Slide 6: Operation and financial results
Operation and financial results 40% 200 40 34% 33% 32% 33% 32% 33% 35% 29.7 1500 32% 32% 25.36 30 150 21.55 29% 28% 30% 19.66 16.84 17.9 18.52 18.36 20 14.01 1150 25% 100 10 20% 50 0 800 15% 77 92 98 107 101 100 118 138 162 -193 -10 10% 0 450 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 -20 5%
Slide 7: 2023 Q2 Financial result
@ NRA 2023 Q2 Financial result
Slide 8: 2023 Q2 Financial results
2023 Q2 Financial results Unit: NTD thousands ITEM 2023 Q2 % 2022 Q2 % YOY Operating revenue 110,461,409 79.17% 93,661,477 79.02% 117.94% Leasing income 9,390,802 6.73% 8,381,173 7.07% 112.05% Interest income 9,960,271 7.14% 7,673,591 6.47% 129.80% Others 9,720,030 6.97% 8,816,319 7.44% 110.25% Tota
Slide 9: 2023 Main subsidiaries profit and loss
2023 Main subsidiaries profit and loss Main subsidiaries profit Company Hotai Hotai Hotai Chang Yuan Hotong Name insurance Finance Leasing Motor Motor 2023 Q2 226,961 899,181 216,358 216,358 85,975 2022 Q2 272,079 868,329 127,052 127,052 359,491 YOY 83% 104% 170% 170% 24%
Slide 10: 2023 Main subsidiaries profit and loss
2023 Main subsidiaries profit and loss Hotai Profit for the first half of the year has increased, primarily attributed to contributions from vehicle sales. Notably, the luxury imported brand Lexus saw a remarkable surge, reaching a historic high of 16,946 units, a year-on- year increase of 171.8%. F
Slide 11: 2023 Main subsidiaries profit and loss
2023 Main subsidiaries profit and loss Reinvestment Increased profits (Billion NTD) Decreased profits (Billion NTD) Company Chang Yuan Hotai Hotai Hotai Hotong Name Motor Finance Leasing insurance Motor 2023 Q2 4.0 17.9 5.7 12.4 2.0 2023 Q2 2.9 17.9 5.5 -45.3 5.4 YOY 138% 100% 103% - 37% Adequate ve
Slide 12: 2023 Operation highlight
@ Rs 023 Operation highlight
Slide 13: 2023 Trend/Outlook
2023 Trend/Outlook • Slowing down of domestic economic growth. • The supply chain has not fully recovered yet Estimated Government offers multiple incentives for trading in old • vehicles and purchasing new ones. Taiwan car • Easing of epidemic control measures, and recovery of market private consum
Slide 14: 2023 Trend/Outlook - Sales Target
2023 Trend/Outlook -Sales Target - Year Sales Target - The total of the group cars 170,000 units (TOYOTA 130,000 units + Lexus 30,000 units + HINO 10,000 units)
Slide 15: 2023 results for TOYOTA & LEXUS
2023 results for TOYOTA & LEXUS Y2023 YOY/ Y2023 YOY/ Aug. Difference Jan.~Aug. Difference TOYOTA 9,876台 108.5% 82,720台 101.8% LEXUS 1,834台 158.9% 22,281台 171.2% TOTAL 11,710 台 114.2% 105,001台 111.0% Market 33.1% 114.2% 33.6% 111.4% Share
Slide 16: TOYOTA
TOYOTA (不包含HIACE/GRANVIA/COASTER) CROWN new import (3/30) PRIUS PHEV (4/25) • New crossover flagship model • New power system with extended pure electric mileage • Accumulated orders have exceeded 2,000. • Accumulated orders have exceeded 1,200.
Slide 17: TOYOTA
TOYOTA (不包含HIACE/GRANVIA/COASTER) ALPHARD Major Facelift (6/21) • All-new 2.5 Hybrid powertrain system. • Accumulated over 3,500 orders received.
Slide 18: Lexus
Lexus The first pure electric platform-RZ450e. (5/16) Spindle Body Outline the Future Outlook of New Generation Electric Vehicles. Front and Rear Dual Motors DIRECT4 Performance exceeding 300 horsepower Pure electric power system combined with low center of gravity design.
Slide 19: Lexus
Lexus The luxurious interior has | the heavily upgraded LM model is undergone a significant making its grand debut on August 22nd. evolution. Taking inspiration from luxurious mansions, complemented by L-Aniline premium leather seats and a spacious 48-inch wide screen. Dual-power configuration estab
Slide 20: Lexus
Lexus Building an around- the-island power grid. • Exclusive charging stations for Lexus. ( 6支CHAdeMO / 18支CCS1) • All-new charging platform • “OpenHub” Integrating multiple charging operators, the platform "OpenHub" offers access to over 350 fast/slow charging stations and more than 950 charging po
Slide 21: Lexus
Lexus BEV has full warranty coverage capability BEV technology strength in all service locations. reinforced. Developing a curriculum to cultivate BEV technical manpower. BEV warranty equipment is fully equipped • Equipment setup recommendation report. • Establishing warranty car parking charging pi
Slide 22: Commercial vehicle
commercial vehicle (HINO車系、TOYOTA HIACE/GRANVIA/COASTER) Hino commercial vehicles complete vehicle line-up expanded. 3.49 tons. 300 series Box-type Frame-type Refrigerated Box-type Dump-frame type 廂式
Slide 23: Commercial vehicle
Commercial vehicle (HINO車系、TOYOTA HIACE/GRANVIA/COASTER) Introduction of Toyota commercial/special purpose vehicles COASTER GRANVIA campervan welfare vehicle welfare vehicle touring special purpose vehicle ambulance
Slide 24: Commercial vehicle
Commercial vehicle (HINO車系、TOYOTA HIACE/GRANVIA/COASTER) introduction of new energy products • The government announces the 2050 net-zero carbon emissions plan, with 100% electrification of urban buses and government vehicles by 2030. • To proactively comply with government policies, we are planning
Slide 25: Commercial vehicle
Commercial vehicle (HINO車系、TOYOTA HIACE/GRANVIA/COASTER) HINO's new car warranty leads the industr y For existing car owners, we 2 years/ 100,000 KM offer extended warranty and value-added purchase services
Slide 26: Commercial vehicle
Commercial vehicle (HINO車系、TOYOTA HIACE/GRANVIA/COASTER) Construction of new service location Sijhih Wudu+ Body & Paint location Taoyuan+Body & Paint location Hsinchu Hukou flagship location North Taichung Total Taichung Wuqi+ Body & Paint location investment of Chiayi Body & Paint location 2 billio
Slide 27: iRent
iRent 2023 Goals： Number of Members： Reached 1.49 million. Car-sharing scale: Reaching 7,200 vehicles. Total number of automobiles and motorcycles surpasses 11,400 vehicles. Expanding the demand for mobility services: By 2023 Strategies： forming alliances with various services, integrating members'
Slide 28: yoxi
yoxi 2023 Goals： • Number of Members： • Achieve 850,000. • Number of drivers： • Achieve 7,300 2023 Strategies： 1. Yoxi taxi expands into Hsinchu. 2. Expand Yoxi's diversified business operations to Taoyuan, Taichung, and Kaohsiung. 3.Yoxi for Business, accelerating entry into the enterprise services
Slide 29: chic Trip
chic Trip Integrate Dining, Integrate MaaS Accommodation, Mobility Services Tr a v e l , S h o p p i n g , a n d Entertainment"。 + Public Tr a n s p o r t a t i o n Digital New Services 和泰聯名卡
Slide 30: chic Trip
chic Trip No.1 Travel Planning APP Six Key Core Features Embark on a Smart Travel New Experience • AI Automatically Arranges Optimal Routes and Transportation Plans – 最罩的旅遊規劃神器，誰還需要excel ? • Effortlessly Drag and Drop to Arrange Itinerary – 美好的旅程，從行程規劃就開始 • Rich Sightseeing Inspires Travel Ideas – 輕
Slide 31: HOTAI GO
HOTAI GO Continuously optimize product selection and Business goal for website features to enrich the shopping experience for members 2023: 200 million Through data analysis, product selection is more meaningful • New car accessories store and travel store added • Combining group resources to provid
Slide 32: Corporate sustainable development
Corporate sustainable development < People >、Cars、Environment Indigenous Dream Team Ｈotai Group sponsors the talented Atayal children‘s choir “ Indigenous Dream Team," arranging diverse work experience opportunities to broaden their horizons and increase their imagination towards different career pa
Slide 33: Corporate sustainable development
Corporate sustainable development People 、<Cars>、Environment Mobile Charity Happiness Action The Mobile Charity Happiness Action helps more people move towards a better life through vehicle donations and Yoxi transportation services 2022：New Taipei City/Taichung Number of shuttle trips：400 Total mil
Slide 34: Corporate sustainable development
Corporate sustainable development People 、<Cars>、Environment Wildlife Conservation program Collaborating with the Executive Yuan‘s Council of Agriculture’s Endemic Species Research and Conservation Center to protect Taiwan‘s native leopard cat, hoping that the precious species, which has only 500 in
Slide 35: Q&A
Q&A
Hotai Motor — Investor conference invited by Taishin Securities (May 2023) on 6ix