Slide 1: Taisun Enterprise Investor Conference, 2017
Taisun Enterprise Investor Conference, 2017 1
Slide 2: Disclaimer
務實 正念 同理 精進 Disclaimer • The consolidated financial information included in this presentation were prepared based on IFRS and audited by a CPA. • Taisun Enterprise Co., Ltd never announces financial forecasts. Our actual results of operations, financial conditions or business prospects may differ fr
Slide 3: Agenda
Agenda • Company Profile • Consolidated Statements • Business Profile • Future outlook • Q&A 3
Slide 4: Taisun Enterprise Co., Ltd. Profile
Taisun Enterprise Co., Ltd. Profile Date of Establishment：1950.10.26 Industry：Food Industry （Food & Beverage /Oil / Feed） Total assets：NT $ 7.88 Billion Capitalization：NT $ 3.53 Billion Operating Income：NT $ 8.1 Nillion Number of Shareholders：45,474 As of 2016.12.31 4
Slide 5: Milestone
Milstone 1950 1985-1986 1988 1992 1993 The first company All plants are Oil plant was Taisun mesona jelly The first food Bing Jeon black tea was awarded the certified with establised. and mixed congee plant got GMP was launched. Nation Quality ISO-9002 were launched. certification. Award in the 1997
Slide 6: Locations of Taisun
Locations of Taisun Taisun Enterprise Headquarters 2016 Overview TAISUN ENTERPRISE CO., LTD. ．Total production ： 16.1 million boxes Sweeta Products Corporation (Taiwan distribution channel) Re-investment ．Taiwan 's annual production： 12.6 FamilyMart million boxes （self made 70%） Subcontractor ．C
Slide 7: Production Lines in Food Plant
Production Lines in Food Plant Cooking Oil PET Beverage IP Beverage Canned Food 7
Slide 8: Capacities of Aquatic Feed Plant and Beidou Ranch
Capacities of Aquatic Feed Plant and Beidou Ranch Aquatic Feed Beidou Ranch Plant Ave. Livestock quantity 2016 Year Yield 5,000 hogs 19,524 Tons Ave. Year Yield 6,000 hogs CQL Certification 8
Slide 9: Cooking Oil Production Line
Cooking Oil Production Line • Segment : Cooking Oil • Product Spec: 0.3L~18L • Strength: Safe Quality Food Level 3 Certification • Daily Capacity : 10,000 boxes 9
Slide 10: PET Beverage Production Line
PET Beverage Production Line • Segment : Juice, Tea, and Yogurt • Product Spec ： 500~2,000ml • Strength：Taisun has the first production line in Taiwan which is certified by FDA to export to the United States. • Daily Capacity：11,000 boxes 10
Slide 11: IP Beverage (Refrigerated Beverage) Production Line
IP Beverage (Refrigerated Beverage) Production Line • Segment : Juice, Tea, and Drinks with particles • Product Spec: 250~1,000ml • Strength: First to innovate the technology to add jelly particles in drinks in Taiwan • Daily Capacity : 8,600 boxes 11
Slide 12: Canned Food Production Line
Canned Food Production Line • Segment : Desserts like mixed congee, red bean soup, and peanut soup, etc. • Product Spec: 250~500ml • Strength: Rotary Hot Water Sterilizer • Daily Capacity : Mixed Congee ：16,000 boxes - 22,000 boxes 12
Slide 13: Operation Results
Operation Results -Condensed Consolidated Income Statement 合併簡明損益表 單位：新臺幣百萬元, 元 (Condensed Consolidated Income Statement) (Unit : NT Millions, NT dollars) 2016.09.30 2016.12.31 2017.09.30 amount % amount % amount % 營業收入 6,155 8,111 5,853 (Operating revenue) 營業毛利 1,113 18.1% 1,426 17.6% 1,054 18.0% (
Slide 14: Operation Results
Operation Results - Condensed Consolidated Balance Sheet 合併簡明資產負債表 單位：新臺幣百萬元 (Condensed Consolidated Balance Sheet) (Unit : NT Millions) 2016.09.30 2016.12.31 2017.09.30 amount % amount % amount % 資產總計 7,971 100% 7,883 100% 7,756 100% (Total Assets) 現金及約當現金 517 6% 808 10% 634 8% (Cash and cash equiv
Slide 15: Operation Results
Operation Results - Condensed Consolidated Balance Sheet 合併簡明現金流量表 單位：新臺幣百萬元 (Condensed Consolidated Statement of Cash Flows) (Unit : NT Millions) 年度(Fiscal year) 2016.09.30 2016.12.31 2017.09.30 項目(Item) 營業活動之淨現金流入 (177) (189) 103 (Net Cash Provided by Operaton Activities) 投資活動之淨現金流入 (20) 180 171 (
Slide 16: Key Financial Indexes
Key Financial Indexes - Finance Ratio 財務比率 (Financc Ratio) 2016.09.30 2016.12.31 2017.09.30 流動比率(%) 149.20% 129.76% 156.20% (Current ratio) 負債比率(%) 53.90% 55.90% 51.40% (Debt ratio) 存貨週轉天數(天) 46 40 51 (Inventory turnover days) 應收帳款週轉天數(天) 61 47 63 (AR turnover days) 利息保障倍數 7.67 3.61 8.61 (Interest p
Slide 17: Financial Charts
Financial Charts (Operation Overview in Past 5 Years Charts) (Unit : NT Millions) 17
Slide 18: Operating Segment Information
Operating Segment Information % of total revenue Income before tax Inner :2015 Outer:2016 18
Slide 19: Q3 Operation segment information
Q3 Operation segment information % of total revenue Income before tax Inner:2016Q3 Outer:2017Q3 19
Slide 20: % of Total Revenue by Category in Packaged Beverage, Food, and Oil Business
% of Total Revenue by Category in Packaged Beverage, Food, and Oil Business % of Packaged beverage, food and oil revenue Inner: 2016 Outer: 2017Q3 20
Slide 21: Market Share by Category
Market Share by Category Category: RTD- Fruit Tea Market Share：23% (NO.1) 資料來源：ACNielsen，MAT-9月 SOURCE：ACNielsen，MAT-9月 21
Slide 22: Market Share by Category
Market Share by Category Category: Canned Dessert Market share：48% (NO.1) 資料來源：Kantar，MAT-9月 SOURCE：Kantar，MAT-9月 22
Slide 23: Market Share by Category
Market Share by Category Category: Canned Dessert- Mixed Congee Market Share：74% (NO.1) 資料來源：Kantar，MAT-9月 SOURCE：Kantar，MAT-9月 23
Slide 24: Market Share by Category
Market Share by Category Category: Bottle Water Market Share：5.4%(NO.5) 資料來源：ACNielsen，MAT-9月 SOURCE：ACNielsen，MAT-9月 24
Slide 25: Market Share by Category
Market Share by Category Category: Bottle Water- Pure Water Market share：21% (NO.2) 資料來源：ACNielsen，MAT-9月 SOURCE：ACNielsen，MAT-9月 25
Slide 26: Market Share by Category
Market Share by Category Category: Bottle Water- Sparkling Water Market Share：25% (NO.1, Single SKU) 資料來源：ACNielsen，Sep,2017 SOURCE：ACNielsen，Sep,2017 26
Slide 27: % of Cooking Oils by Category
% of Cooking Oils by Category 銷額 銷量 Sales Value Sales Volume 資料來源： Kantar ，MAT-10月 SOURCE： Kantar ，MAT-10月 27
Slide 28: Market Share by Category
Market Share by Category Category: Cooking Oil Market Share：11.3% 資料來源： Kantar ，MAT-9月 SOURCE： Kantar ，MAT-9月 28
Slide 29: Market Share by Category
Market Share by Category Category: Canola Oil Market share：38.5% (NO.1) 資料來源： Kantar ，MAT-9月 SOURCE： Kantar ，MAT-9月 29
Slide 30: Market Share by Category
Market Share by Category Category: Blended Oil Market Share: 20.2% 資料來源： Kantar ，MAT-9月 SOURCE： Kantar ，MAT-9月 30
Slide 31: Future Outlook
Future Outlook Capability Upgrade • Technology、Equipment、Employee Capability Product Upgrade • New category、Product Upgrade Increase Earning Capacity • Increase Operation Income 31
Slide 32: Q&A
‘TAISUN GROUP Q&A