Ecove Environment Corp · TPEX:6803
Ecove Environment — 2021 1st Institutional Investor Conference
26 slides from Ecove Environment's conference presentation, Mar 23, 2021
Slide 1: ECOVE Environment Corp. 2021 1st Institutional Investor Conference
ECOVE Environment Corp. 2021 1st Institutional Investor Conference 2021.03.23 1
Slide 2: Disclaimer
Disclaimer The consolidated financial statement is hereby based on International Financial Reporting Standards (IFRS) and audited by CPA. This presentation may include forward-looking statements with respect to the operations and business of the company other than the historical results. The act
Slide 3: Agenda
Agenda • Review of 2020 • Future Outlook • Summary of 2020 Financial Report 3 崑鼎控股公司機密資料，文件禁止複製、轉載、外流 ECOVE CONFIDENTIAL DOCUMENT DO NOT COPY OR DISTRIBUTE. COPYRIGHT @ 2019 ECOVE All Rights Reserved.
Slide 4: Review of 2020
Review of 2020 ECOVE®
Slide 5: All-Round Sustainability Performance
All-Round Sustainability Performance Environmental Social Corporate Governance Including overseas Around 1.34 and domestic EfW billion kW of Total Recordable Case and PV plants, over 0 Rate EPS above 10 power generation 700,000 tons of 10 NTD for 9 years CO2 were deducted in a row Around 29 Annual 5
Slide 6: Honor and Recognition
Honor and Recognition Corporate Governance Social Co-Prosperity Environmental Sustainability • Top 10% among the listed non- • In EPA 2nd National Enterprise • Awarded by MOST for excellent financial electronics companies with a Environmental Protection Awards: performance in occupational H&S market
Slide 7: New Investment
New Investment Changhua Coastal Industrial Park Resource Treatment Center BOT Project ECOVE ESC holds 30% shares of the SPC After EIA, the concession period is 22 years, including construction and O&M, and CTCI is responsible for construction and ECOVE ESC is responsible for O&M Characteristic
Slide 8: Waste Management and EfW
Waste Management and EfW Domestic Tainan Chengxi EfW Plant O&M Extension 2021-2023 Taoyuan International Airport Incinerator O&M Services Project Miaoli County Contracted Management and Supervision Services for Industrial Waste Acceptance Kaohsiung South Region EfW Plant 2020 and 2021 Annu
Slide 9: Photovoltaics
Photovoltaics Investment 12 Projects On-Grid • THSR Taoyuan Station, Kaohsiung Metro Northern Depot Detention Pond, Qingliao Landfill, Fengli Landfill 2nd Phase, TIPC(Taipei, Keelung, Suao, Taichung, Kaohsiung, Anping, and Hualien Port), Miaoli Aviation Center, Taoyuan Metro Qingpu Depot, and Neih
Slide 10: Recycling and Reuse
Recycling and Reuse Waste Solvent Recycling and Reuse WIPA Recycling and Reuse Within science park: Permit to treat WIPA on general case basis was obtained in the end of 2020, and waste solvent collection has been started Outside science park: Permit to treat WIPA on individual case basis was
Slide 11: Other Fields
Other Fields Technical Services and Maintenance Projects Kaohsiung Metro Water & Power, and Environmental Control Equipment Maintenance Services Extension Taoyuan Metro Flood Control Equipment Maintenance Danhai LRT System Water & Power, and Environmental Control Equipment Maintenance Tain
Slide 12: Future Outlook
Future Outlook ECOVE®
Slide 13: Waste Management and EfW
Waste Management and EfW Domestic For the next five years, 12 EfW Plant Characteristic Plants will need to renew contracts, Taoyuan Biomass Center (obtained) BOT (construction + O&M) releasing around 75 billion worth of opportunities in investment/O&M Changhua Resource Center (obtained) BOT (con
Slide 14: Waste Management and EfW
Waste Management and EfW Newly Awarded Project Changhua Xizhou EfW Plant O&M and Revamping Services The Contractor is responsible for the revamping and the 15 years of O&M 100% of waste is delivered by the Employer, and the bottom ash and stabilized fly ash is also disposed by the Employer P
Slide 15: Waste Management and EfW
Waste Management and EfW Overseas In conjunction with the government’s Southbound Policy, we will cooperate with local developers to export our techniques and experience on waste management and EfW from Taiwan While KL project is still pending, two new projects, Johor EfW BOT and Melaka EfW BO
Slide 16: Photovoltaics
Photovoltaics Renewable energy has become a global trend, and governments have issued incentives for the development. Taiwan has set a goal of achieving 20 GW of PV establishment, and 20% of total power usage coming from renewable energy by 2025 In Taiwan, we will focus on organic growth and expan
Slide 17: Recycling and Reuse
Recycling and Reuse Semi-Conductor Waste Be focused on high-tech companies’ plan to establish plants in CTSP and the US, and combine Group’s resources to pursue business opportunities in recycling and reuse Water Treatment Plant CMD(10,000) So far, the central and local governments have plan
Slide 18: Other Fields
Other Fields Metro: For the next five years, Taichung Metro Green Line, Xinying Line Eastern Extension, Taoyuan International Airport Metro Extension, Sanying Line, and Wanda Line will have opportunities in dynamic testing and O&M services for trails and depots LRT: Through our past experience i
Slide 19: Financing Plant – Issue Ordinary Corporate Bonds (Including Green Bonds)
Financing Plant – Issue Ordinary Corporate Bonds (Including Green Bonds) In order to expand GRCB’s business and acquire funds with low interest, we will issue corporate bonds (including green bonds) when interest is low, so that our cost can be stabilize and financial structure can be improved T
Slide 20: Summary of 2020 Financial Report
Summary of 2020 Financial Report 20
Slide 21: Investment Structure
Investment Structure ECOVE Environment Corp. 100% 75% 5% 100% 100% 100% 90% 20% ECOVE ECOVE EVER ECOVE ECOVE ECOVE ECOVE BoRe Tech. Wujih Miaoli eCOVE Environment Waste Solar Solvent Co., Ltd Energy Energy Corp.* Services Manageme Energy Recycling (Cayman)* Corp. Corp. Corp. nt Corp. Corp. Corp. 100
Slide 22: Consolidated Revenue Breakdown
Consolidated Revenue Breakdown WEC SRC ECC 2% 1% MEC 6% Unit: NT$, Billion 6% 6.00 SEC 8% ESC 5.64 42% 5.50 5.32 4.96 SINOGAL 5.00 4.85 12% 4.48 4.50 4.00 WMC 23% 3.50 Waste 3.00 Concession Collection Service 2% 2.50 10% 2.00 Waste Treatment 1.50 Others 39% 20% 1.00 0.50 Electricit y - 29% 2016 2017
Slide 23: 2020 Consolidated Income Statement
2020 Consolidated Income Statement Unit: NT$, Thousand 2020 2019 YOY Operating Revenue 5,637,590 100.0% 5,321,559 100.0% 5.9% Operating Costs (4,246,675) -75.3% (3,977,155) -74.7% 6.8% Gross Profit 1,390,915 24.7% 1,344,404 25.3% 3.5% Operating Expenses (180,587) -3.2% (172,357) -3.2% 4.8% Operating
Slide 24: 2020 Consolidated Balance Sheet
2020 Consolidated Balance Sheet Unit: NT$, Thousand 2020/12/31 2019/12/31 Current assets* 3,736,158 38% 3,555,853 37% Non-current assets 6,149,838 62% 5,984,964 63% Total assets 9,885,996 100% 9,540,817 100% Current liabilities 2,264,945 23% 1,734,603 18% Non-current liabilities 1,970,608 20% 2,213,
Slide 25: Dividend Payout
Dividend Payout EPS Cash DPS Cash Dividend Payout Ratio(%) UNIT: NT$ 100% 14 90% 89% 89% 90% 90% 87% 88% 88% 12.80 85% 12.53 81% 12.04 12.09 12 80% 11.37 11.41 11.00 10.84 10.82 10.83 11 10.55 10.06 10 9.44 9.63 9.65 9.01 9.26 8.86 60% 8.24 8 6 40% 4 20% 2 0 0% 2011 2012 2013 2014 2015 2016 2017 201
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