Nan Ya Plastics Corporation · TWSE:1303
Nan Ya Plastics — Q3 2024 Earnings Presentation
14 slides from Nan Ya Plastics's earnings presentation, Nov 20, 2024
Slide 1: Nan Ya Plastics 3Q24 Operations & Performance
Nan Ya Plastics 3Q24 Operations & Performance Nov. 2024
Slide 2: Agenda
Agenda • Overview • Financial Highlights • Annual Outlook • Capacity Expansion Plan • Q&A
Slide 3: Overview
Overview Highlights Market Capitalization NT$ 330.7billion (Oct. 2024) Market Capitalization Total number of NT$ 259.8 billion Plants 104 (Y2023, not include Sales Worldwide Nanya Tech. Co.) -59 in Taiwan Revenue Distribution Sales breakdown -37 in China -15% in plastics -8 in US -21% in che
Slide 4: Leading market positions for capacity
Overview Leading market positions for capacity 1 2 3 4 Plastics processing Epoxy resin Glass fabrics PA Copper foil BPA Copper clad EG laminate Electronic glass fiber yarn ※Plasticizer products ranked 5th 2
Slide 5: Industry Development History
Overview Industry Development History Plastics Printed Circuit Board Semiconductor 1958 1984 1995 Polyester Electronic Materials Petrochemicals 1968 1985 1996 3
Slide 6: Major Businesses
Overview Major Businesses Sales breakdown in 2023 Plastics 15% Electronics 44% PVC Sheeting, PVC Rigid China & Others 27% Glass Yarn, Glass Fabrics, Film, PU Leather, PVC Epoxy Resin, Copper Foil, China 54% Rigid Pipe & Fittings, USA 12% Copper Clad Laminate, Window & Door Frames, Printed Circuit Bo
Slide 7: Consolidated Revenue by Quarter (IFRS)
Financial Highlights Consolidated Revenue by Quarter (IFRS) (NT$ billion) 80.0 67.3 66.4 66.4 66.4 60.0 40.0 20.0 0.0 3Q23 3Q24 2Q24 3Q24 Revenue in 3Q24 decreased YOY due to: Polyester products in the U.S. successfully secured a shift in import orders, leading to overall sales growth. However, re
Slide 8: Pre-tax Income by Quarter (IFRS)
Financial Highlights Pre-tax Income by Quarter (IFRS) (NT$ billion) 6.0 5.33 4.0 2.06 2.0 0.49 0.49 0.0 3Q23 3Q24 2Q24 3Q24 3Q24 pre-tax income decreased YoY due to： 1. As market conditions gradually stabilized, the operating income across all products surpassed that of the same period last year.
Slide 9: EPS (IFRS)
Financial Highlights EPS (IFRS) (NT$ dollar) 0.60 0.55 0.40 0.22 0.20 0.01 0.01 0.00 3Q23 3Q24 2Q24 3Q24 EPS in 3Q24 decreased YoY due to： In terms of operating income, most products have bottomed out and recovered, with profits exceeding those of last year. However, due to strong profitability fr
Slide 10: Revenue Breakdown (Quarter)
Financial Highlights Revenue Breakdown (Quarter) 3QH23 Net Sales 2Q24 Net Sales 3Q24 Net Sales NT$ 67.3 billion NT$ 66.4 billion NT$ 66.4 billion Plastics Others 2.5% Plastics Others 1.6% Plastics Others 2.1% 14.6% 15.7% 14.9% Polyesters Polyesters Polyesters 17.2% 18.6% 19.3% Chemicals Electronics
Slide 11: Operating Profits Breakdown by Product Segment
Financial Highlights Operating Profits Breakdown by Product Segment Operating Profits Operating Margins 250.0% 12.0% 189.8% 9.4% 8.8% 8.4% 137.3% 150.0% 172.6% 112.2% 8.0% 93.3% 6.3% 100.9% 73.1% 68.6% 7.2% 50.0% 69.2% 3.6% 4.0% -0.3% 2.3% 2.4% 17.9% 1.5% -30.1% 9.0% -50.0% -12.3% 0.0% 1.4% -90.7% 0
Slide 12: 4Q24 Outlook and Annual Operating Strategies
4Q24 Overlook and Annual Operating Strategies 4Q24 Overlook Aside from the growth in demand for AI servers, demand for other consumer electronics has remained flat. Additionally, as the year draws to a close, driven by inventory checks and efforts to manage stock levels, customers have adopted a
Slide 13: Capacity Expansion Plan
Business Overview Capacity Expansion Plan Annual Capacity Estimated Area Product Unit Current Commissioning Expansion Increase% Date (Note1) Copolymers with high PIA and PETG KMT 0 36 100 2025/7 Polyester Release Film (5th set) KM2 360,000 144,000 40 2025/4 Taiwan Polyester Release Film (6th set) KM
Slide 14: THE END
THE END