Slide 1: YFY Inc. 1Q24 Earnings Conference
YFY Inc. 1Q24 Earnings Conference 2024/05/14 1907.TW
Slide 2: Disclaimer
Disclaimer This presentation is prepared according to the reviewed financial statements by CPA and the financial numbers hereby were based on IFRS, please refer to the published financial statements for full content. The presentation may contain forward-looking information and may differ materially
Slide 3: YFY Five Strategic Directions
YFY Five Strategic Directions Continuous Development of the Circular Industry 4.1 Economy and Renewable Upstream/ Energy and Downstream Energy Industrial Management Ecosystems The Saccharide Investment Economy and in new Development innovation of New business Materials 3
Slide 4: 1Q24 Financial Results
1Q24 Financial Results (NTD $M) 1Q24 1Q23 Y/Y Revenue 17,922 17,531 2.2% Gross Profit 2,700 2,146 25.8% Operating Profit 193 (177) 209.1% None-Operating Income/Expenses 460 256 79.8% Profit Attributable to Parent Company 279 3 - EPS (NTD) 0.17 0.0 - Net Profit Margin 1.6% 0.0% 4
Slide 5: Non-Operating Income/Expenses
Non-Operating Income/Expenses (NTD $M) 1Q24 1Q23 Y/Y Share of Profit of Associates 215 277 -22.5% Financial Costs (255) (298) 14.4% Interest Income 107 115 -7.2% FX Gains/Losses 264 40 561.2% Dividend Income - - - Other Income 130 121 7.1% Total 460 255 80.5% 5
Slide 6: Revenue by Operating Segment
Revenue by Operating Segment (NTD $M) Others 2,964 17% Forest, Pulp & Paper 4,758 27% Consumer Products 2,588 14% Container Board & Packing 7,612 42% Forest, Pulp and Fine Paper Business Group: Including pulp, cultural paper, packaging paper, specialty paper, and cardboard. Containerboard and Packag
Slide 7: Performance by Operation
Performance by Operation (NTD $M) 1Q24 1Q23 Y/Y Operation Forest, Pulp & Paper 15 (145) 110.6% Containerboard & Packaging (209) (144) -44.8% Consumer Products 315 145 117.2% Others 72 (35) 306.7% Operating Profit 193 (179) 207.9% Non-operation Investments from equity method 215 277 -22.5% (E Ink) Di
Slide 8: Diversified Business & Product Portfolio
Diversified Business & Product Portfolio The profits from Core Extended business formed a positive and sustainable trend, and those business are driving for profit optimization. NTD M Net Income Before Tax 800.00 800.00 653 700.00 700.00 600.00 600.00 500.00 500.00 400.00 400.00 300.00 78 300.00 200
Slide 9: YFY Inc. Stable Growth from Diversified Business Strategy
YFY Inc. Stable Growth from Diversified Business Strategy Growth for the 7th consecutive years, 1Q24 net worth per share reached NT$36.92. CAGR at 9%. YFY continuous expansion of diversified business as a long-term strategy to enhance the profitability stability of the product portfolio and strength
Slide 10: Conclusion
Conclusion 1Q24 1. Consolidated quarterly revenue reached NT$17.92 billion, benefiting from increased demand in RFID and Vietnam packaging, with a 2.2% YoY growth. 2. Consolidated operating income for the quarter was NT$193 million, with improvement in Taiwan and Vietnam demand, profit turn positive
Slide 11: App. 1 Profit Composition of YFY Inc. Presented in Financial Statements
App. 1 Profit Composition of YFY Inc. Presented in Financial Statements Consolidated Investments from Dividend Consolidated Operating Profit equity method Income Net Profit Forest, Pulp and Paper BG YFY Inc. Containerboard & Packaging BG Share of Profit Other Investments Consumer Products BG Others
Slide 12: App.2 YFY Inc.'s Diversified Investment Portfolio
App.2 YFY Inc.’s Diversified Investment Portfolio Profit and Loss Recognition Method Percentage of Classification Investment Portfolio shareholding Investment Gain/loss on Valuation Gain/Loss disposal gain/loss Status unchanged： Other Operating Profit Capital Reserve Comprehensive CHP、YFY Packaging、
Slide 13: Thank you
Thank you