Taiwan Glass Industry Corp. · TWSE:1802
Taiwan Glass Industry — Taiwan Glass Ind. — TGI Investor Conference (November 2018)
25 slides from Taiwan Glass Industry's conference presentation, Nov 23, 2018
Slide 1: Taiwan Glass Ind. Corp. Investor Conference
Stock Code:1802 TAIWAN GLASS IND IND. CORP CORP. Spokesperson: Lin, C M GM, Finance Dept. yp Provide satisfactory g advanced products to our customers through technology and Total Quality Management (TQM). 1 2018-11-23
Slide 2: Forward-looking statement disclaimer
* ¾ This brief and the related information issued meanwhile were obtained from internal and external data of the Company and the operation perspectives, perspectives it reflected the viewpoints to the future. If there is any change or adjustment in the hereafter, the Company has no responsibility to
Slide 3: Agenda
* ¾Introduction of Taiwan Glass Group ¾Production Facilities ¾Product Introduction ¾General Operation Situation of 2018 ¾Situation and Development of the Market ¾Q&A 3
Slide 4: Introduction of Taiwan Glass Group
* Founded on 1964年 Capital NTD$29.08 billion Chairman Mr. Lin, Por Fong N b off Number 14,679 (until 2018.9.30) Employee Date of Listing Listed in 1973 Main Products Flat Glass Fiberglass Glassware 4
Slide 5: TGI 19th Directors / 2nd Audit Committee
* TGI 19th Directors / 2nd Audit Committee (Number from left side to right side) Front Front Front Lin, P F Lin, P S Lin, P C Row 4 Row 5 Row 6 Front Front Front Lin, F C Chen, C C Hwang, T Y Peng, C H Row 3 Row 2 Row 1 Front Front Back Back Lim, H T Hsu, L L Lin, C H Su, Y T Row 8 Row 7 Row 4 Row 3
Slide 6: Flat glass production facilities
* Taiwan Taichung Taiwan Lukang Flat TG Qingdao Glass TG Changjiang Glass TG Chengdu Glass Factory (TF) Glass Factory (TF-4) Co., Ltd. (QFG) Co., Ltd. (CFG) Co., Ltd. (CDG) Qingdao Rolled Glass TG Kunshan Glass Co., Ltd. (QRG) Co., Ltd. (TKG) 250,068 M2 260,343 M2 429,126 M2 404,770 M2 452,027 M2 1
Slide 7: Architectural glass production facilities
* Taiwan T i Ch Changpini TG Changjiang Ch ji Gl Glass Co., C TG Ch Chengdu d Gl Glass C Co., Ltd TG Huanan H Gl Glass Co., C LtdLtd. Factory (TC) Ltd. (CFG) (CDG) ( HNG) 272,480 M2 404,770 M2 452,027 M2 364,907 M2 1 Line 1 Line 2 Lines 1 Line 4,000,000 m2/y 4,000,000 m2/y 8,000,000 m2/y 4,000,000 m
Slide 8: Fiberglass production facilities
* Taiwan Taoyuan Factory Taiwan Lukang Factory Taichia Glass Fiber Co., Taichia Chengdu Glass (TT) (TL) Ltd (TGF) Ltd. Fiber Co., Co Ltd. Ltd (TCD) 181,181 M2 260,343 M2 323,539 M2 362,668 M2 2 Electronic Grade FRP 4 Electronic Grade FRP 1 Electronic Grade FRP 2 FRP Fiberglass Fabric Fiberglass Fabr
Slide 9: Container, ultra-thin, photovoltaic and automotive glass facilities
* Container & Tableware Ultra-Thin Glass Photovoltaic Glass Taiwan Hsinchu Factory Taiwan Taichung Factory (TF-5) TG Fujian Photovoltaic Glass TG Yueda Solar Mirror Co., (TS) Co., Ltd. (FPG) Ltd. (TYSM) 129,090 M2 250,068 M2 388,822 M2 266,400 M2 5 Container 170,000 mt/y 1 Ultra-Thin Glass 1 Photovo
Slide 10: Achievements of Sustainable Operation in 2017
* Achievements of Sustainable Operation in 2017 TGI has been awarded silver price for the past three years in the Silver "Traditional Manufacturing" category incorporate sustainability report Award award. Convened two sessions of our ”Corporate Social Responsibility 2 times Committee” in 2017. TGI i
Slide 11: Achievements of Green Production in 2017
* Achievements of Green Production in 2017 In 2017 invested a total of 400 million in the plan to promote environmental 400 million policy. 180 000 tons 180,000 R Recycled l d 180,000 180 000 tons t off scrap glass l in i 2017. 2017 61% Taoyuan Factory recycled 61% of its waste in 2017. The product
Slide 12: Product responsibility and major markets
* TGI’s main products include flat glass, fiberglass, and glassware. There was no any violation of regulations related to product health & safety, labeling and marketing and no product’s sale was prohibited in 2017. Flat glass is one of the core products of TGI. With production plants based in Taiwa
Slide 13: Flat Glass
* Flat Glass TGI’s flat glass has 100% passed the EU CE, US ANSI, Taiwan CNS and other relevant standards. In the production of the flat silver mirror TGI uses advanced lead-free copper process, to avoid heavy metal pollution. TGI also actively promotes the hot-dip process to strengthen glass, even
Slide 14: Green Product - Flat Glass
* Green Product - Flat Glass The new generation energy-saving energy saving Low-E Low E glass products can effectively block the radiation from sunlight while allowing most sunlight to enter, which solves the problem of lighting and heat insulation. This product also significantly reduces energy con
Slide 15: Fiberglass
* Fiberglass Our Fiberglass Department actively promotes the application of fiberglass in daily life products. Compared to metal supporters, fiberglass has better resistance to corrosion and elements. Fiberglass is low-cost, low cost more durable and has great a strength/weight ratio. ratio Differen
Slide 16: Glass container, tableware, and kitchenware
* Glass container, tableware, and kitchenware Glass containers, with excellent transparency, showcase the real color of anything inside the container. Theyy also have the advantages g of easy y sealing g and flavor ppreservation. Furthermore,, glass containers can be heated up gradually without defo
Slide 17: Green Products – Glassware
* Green Products – Glassware TGI began acquiring German NNPB glass-blowing glass blowing technology in 1983 in order to meet the needs of the market and enhance environmental protection. This technology produces attractive, lightweight bottles of uniform thickness. More recently, TGI has participate
Slide 18: Consolidated Statements of Income
* Consolidated Statements of Income NTD thousand dollars ( Except EPS ) Items 2017 Q1 of 2018 Q2 of 2018 Q3 of 2018 Q1~Q3 of 2018 Operating Revenues 44,869,581 10,995,239 11,832,756 12,067,176 34,895,171 Gross Profit 7,638,003 2,030,635 2,167,772 1,738,829 5,937,236 Gross profit margin 17% 18% 18% 1
Slide 19: Consolidated Balance Sheet
* Consolidated Balance Sheet 2017 12 31 2017.12.31 2018 03 31 2018.03.31 2018 06 30 2018.06.30 2018 09 30 2018.09.30 Items NTD000 % NTD000 % NTD000 % NTD000 % Current Assets 25,148,319 30 25,917,538 31 27,737,724 32 25,811,184 30 Noncurrent Assets 58,878,242 70 58,992,804 69 58,104,339 68 58,881,434
Slide 20: Proportion of major product revenue
* The proportion of major product revenue 2017 Q1 of 2018 Q2 of 2018 Q3 of 2018 Q1~Q3 of 2018 Items NTD000 % NTD000 % NTD000 % NTD000 % NTD000 % Flat Glass 29,650,666 66 7,170,559 65 8,014,219 68 8,330,974 69 23,515,752 67 Fiberglass Fib l / 11,616,201 26 2,925,284 27 2,863,002 24 2,818,488 23 8,606
Slide 21: Flat Glass market – China
* Flat Glass China The flat glass market has been steady since 2017 and the market price has no significant change. Therefore, the profit of Q1~Q3 in 2018 was increased than in 2017. Since the reform of flat glass supply was effective in China, and the effect of US-China trade war, the supply and de
Slide 22: Flat Glass market – Taiwan
* Taiwan Taiwan Glass Ind. Ind Corp. Corp is the only sizable glass manufacturer in Taiwan with the only Coating Production Line for architecture in Taiwan. It introduced the vacuum sputtering coating equipment and technology of Von Ardenne to produce high effect energy-saving energy saving glass wi
Slide 23: Fiberglass Fabric
* Fiberglass Fabric In fiberglass, the technology and quality of fiberglass products are always the core competency of TGI. In particular, the capacity of electronic fiberglass fabric is accounts for 16% of the global market. market For the material of PCB, PCB TGI has successfully developed product
Slide 24: Glass Container
* Glass Container The Th Dept. D t off Glassware Gl was sett up decades d d ago andd has h started t t d to t actively ti l develop d l the th market of export sales since 2007. In recent years, TGI confronted the competition of alternative packing materials. PET and carton have the advantages of li
Slide 25: Q&A Thanks
Q Q&A Thanks Th k ffor your attention. tt ti Have a great day. day 25
Taiwan Glass Ind. — TGI Investor Conference (November 2018) on 6ix