Excellence Optoelectronics Holding Co., Ltd. · TWSE:3717
Excellence Optoelectronics — Excellence Opto. — 2022 Investor Conference (held by IBF Securities)
45 slides from Excellence Optoelectronics's conference presentation, Nov 30, 2022
Slide 1: 2022 Investor Conference
Stock ID: 6288 Excellence Opto. Inc. 2022 Investor Conference Presenter: CEO-Fanny Huang Held by: IBF securities 2022.11.30
Slide 2: Safe Harbor Notice
Safe Harbor Notice ⚫ This newsletter and related information published contain predictive information obtained from internal and external sources of the company. This type of expression is based on expectations of current conditions, but it is subject to the effects of known or unknown risks or unce
Slide 3: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 Outlook 5 ESG Sustainable Operation 6 Q&A 2
Slide 4: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 Outlook 5 ESG Sustainable Operation 6 Q&A 3
Slide 5: Company Profile
Company Profile Chairman: Dr. Kuo-Hsin Huang Excellence Opto., Inc. (EOI) EOI was founded in 1995 in Hsinchu Science Park. President: Ms. Fanny Huang EOI is a professional LED component and module Employees: around 1,250 manufacturer for automobile original manufacturers. EOI provides design, develo
Slide 6: Awards in 2022
Awards in 2022 Focus on social contribution and sustainable operation EOI won the prize of EOI won the prize of In 2022, the chairman, In 2022, the CEO, Ms. Fanny 1.【 Taiwan Top 100 【Asia Pacific Enterprise Awards- Mr. Kuo-Hsin Huang Huang was selected as the Benchmark Company of Outstanding Enterpr
Slide 7: Awards in 2022
Awards in 2022 EOI won the prize of EOI won the prize of 1.【 Taiwan Top 100 Benchmark Company of Sustainability】 【Asia Pacific Enterprise Awards- Outstanding 2.【Golden Award of Corporate Sustainability Report: Electric Enterprise Management】 Information Manufacturing Industry】 from Enterprise Asia i
Slide 8: Awards in 2022
Awards in 2022 President: Ms. Fanny Huang (the 7th from the right side) Chairman: Dr. Kuo-Hsin Huang (the 4th from the right side in the second line) In 2022, the CEO, Ms. Fanny Huang was selected as the In 2022, the chairman, Mr. Kuo-Hsin Huang won the 【Top 10 Manager of Taiwan 100 Super MVP】 【Gold
Slide 9: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 Outlook 5 ESG Sustainable Operation 6 Q&A 8
Slide 10: Consolidated Statements of Comprehensive Income (Jan. to Sep.)
Consolidated Statements of 合併綜合損益表 Comprehensive Income(Jan. to Sep.) Unit: USD thousand 2022.1-9 % 2021.1-9 % YoY Net Operating Revenue 98,311 100 93,673 100 5% Cost of Goods Sold (83,017) (84) (75,337) (80) 10% Gross Profit 15,294 16 18,336 20 (17%) Operating Expense (18,721) (19) (16,543) (18) 13
Slide 11: Consolidated Statements of Comprehensive Income (Jul. to Sep.)
Consolidated Statements of Comprehensive Income (Jul. to Sep.) Unit: USD thousand 2022.7-9 % 2021.7-9 % YoY Net Operating Revenue 31,729 100 31,200 100 2% Cost of Goods Sold (26,282) (83) (25,767) (82) 2% Gross Profit 5,448 17 5,433 18 Operating Expense (6,377) 20 (5,573) (18) 14% Operating (Loss) P
Slide 12: Consolidated Balance Sheet
合併資產負債表 Consolidated Balance Sheet 2022.09.30 2022.06.30 2021.12.31 2021.09.30 (Unit: USD thousand) $ % $ % $ % $ % Cash and cash equivalents 25,468 0% 23,025 0% 29,507 1% 46,770 1% Notes receivable & accounts receivable 27,926 0% 28,605 1% 24,289 0% 26,129 1% Inventories 45,677 1% 48,762 1% 53,216
Slide 13: Consolidated Statements of Cash Flow
合併資產負債表 Consolidated Statements of Cash Flow Unit: USD thousand 2022.1-9 2021.1-9 Income before income tax 1,265 483 Depreciation and Amortization 5,317 5,406 Other Operating Activities (6,148) (17,552) Net cash generated from (used in) operating activities 434 (11,663) Payments for property, plant
Slide 14: Factors that Affect Revenue and Profits
Factors that Affect Revenue and Profits 影響營收及獲利之因素 Unit: USD in thousand 2022/01-09-after the adjustment 2022/01-09 (Reviewed) of lack of raw material, exchange rate, and delivery expenses Item Actual Actual Diff. Revenue 90,678 100.0% 104,964 100% (14,286) -13.6% Cost of Goods Sold 76,572 84.4% 86,
Slide 15: Monthly Consolidated Revenue Comparison - Jan. to Oct.
Monthly Consolidated Revenue Comparison - Jan. to Oct. Unit: USD in thousand 120,000 100,000 80,000 60,000 40,000 20,000 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. 9月 10月 Jan.-Sep 2021 11,042 9,920 12,624 9,829 9,845 9,214 9,303 10,485 11,412 9,933 103,606 2022 12,904 8,632 10,119 10,602 10,841 13,483 8
Slide 16: 2022 Jan. to Oct. Revenue Distribution (By Product)
2022 Jan. to Oct. Revenue Distribution (By Product) 6% Automotive light 8% Energy saving products 86% Industrial application 15
Slide 17: 2022 Jan. to Oct. Revenue Distribution (By Region)
2022 Jan. to Oct. Revenue Distribution (By Region) Unit: USD thousand 5% America 81,268 9% 1 7% % 73% 6% China 14,723 13% 13 % 73 Taiwan 6,768 % Europe 7,517 Others 397
Slide 18: Information of Delivered Automotive Components
Information of Delivered Automotive Components Sales Quantity of Delivered Quantity of Delivered Quantity of Automotive LED Automotive Modules Automobile Over Over Over 1.63 52.3 12.28 Billion Million Million Counting Period: 2010~2022/10
Slide 19: Market Share of New Vehicles in North America in the Recent 4 Years
Market Share of New Vehicles in North America in the Recent 4 Years Year 2019 2020 2021 2022 Month Jan. – Dec. Jan. – Dec. Jan. – Dec. Jan. – Sep. Vehicles sold in North America 17,047,725 14,134,473 15,111,133 10,280,000 Delivered products 2,710,000 1,463,000 1,720,000 1,100,000 Source：MarkLines Da
Slide 20: EOI ODM Is Used in Future Top EVs
EOI ODM Is Used in Future Top EVs x
Slide 21: Cadillac Celestiq Concept Car
Cadillac Celestiq Concept Car GM Cadillac has new flagship-Celestiq, targeting to be the top EV of the whole world. It has a full and streamlined body design, highly recognizable matrix lamps for the headlights, the clamshell design covering the top of the wheel arches and the front fenders, and the
Slide 22: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 Outlook 5 ESG Sustainable Operation 6 Q&A 21
Slide 23: Special New Taillights Design in The Future
Special New Taillights Design in The Future ⚫ 6 Core Technologies Development EOI has 6 Core Technologies: optical, mechanical, electronics, thermos technologies, LED Package, and Software and firmware development, and is fully capable of providing customization and differentiation in terms of key t
Slide 24: Core Technologies Development Strategy
Core Technologies Development Strategy Luminous Efficiency LED light Reliability EPI design LED Package brightness Light Shape Control Core Technologies Development Strategy Application Module design Structure Lighting, Display and Sensor Platform Light Distribution Head Light、Digital Light Source d
Slide 25: Adaptive Driving Beam
Adaptive Driving二、創新研發項目 Beam AHB Lamp Module Bi-Beam 5 LEDs + 3 LEDs ADB Lamp Module 24 LEDs LEDs High Bi-Module Beam (Low/Matrix-High Beam) AFS+ADB Lamp Module Matrix-Low Matrix-High Beam Beam Pixels LED REF : Picture captured from Google Site and international conference meeting .
Slide 26: Adaptive Driving Beam
Adaptive Driving二、創新研發項目 Beam
Slide 27: EOI QAPACK LED for ADB Headlight
EOI QAPACK LED for ADB Headlight EOI QAPACK QA-2016F1P
Slide 28: Comparison Table of LED Packages
Comparison Table of LED Packages EOI QAPACK O-Company N-Company L-Company Note: ESD Protection Device is Necessary to be integrated into the LED package. It’s not only for protecting LED Chip itself during operation, but also for clarifying the damaged LEDs (unfortunately) in the Headlamp Unit.
Slide 29: LED Next-Generation Display
LED Next-Generation Display 二、創新研發項目 LED Display Market Trend 2020-2025 Global LED Display Market Value 250 Since 2020, the market size of small- pitch LED displays with a dot pitch of P2.5 200 or less has accounted for 50% of all display markets. In 2025, it will exceed this ratio, and the output v
Slide 30: LED Next-Generation Display
LED Next-Generation Display 二、創新研發項目 EOI’s role in LED Display supply chain(Core Advantage) MicroLED MicroLED MicroLED Mass Package Transfer Waf er MicroLED Mass End Optical_ LED Display Transfer Film Module Product Flipchip PCBA (驅動燈板設計) • MicroLED needs to mix and EOI Core Technology assemble to s
Slide 31: LED Display Milestone
LED Display Milestone 2023 2024 2025 COB( 3*5mil)+Shielding + COB like ( CMuLED) Solutions COB (CMuLED) +Molding Molding Molding Viewing Angle ( color >70˚ >85˚ >85˚ shift) ; Δ u’v’<0.001’ Maximum Brightness >1800 nits >2500 nits >2500 nits (P1.2) Minimum Brightness <0.3 nits <0.15nits <0.1nits Pric
Slide 32: Integrated Light Technology and Application
Integrated Light Technology and Application 二、創新研發項目 Integrated light starts being a new trend! Compared to other lights, integrated lights are outstanding in visual extension. Except for high identification, LED can make various dynamic displays. BMW 7 series Mercedes-Benz EQS Porsche Panamera Volk
Slide 33: EOI Production Location
EOI Production Location EOI Headquarter EOI Dongguan Plant EOI Dundee Plant EOI Shanzhen plant
Slide 34: EOI Dundee Plant Starts Mass Production
EOI Dundee Plant Starts Mass Production 2023 Ford F-250 Super 2023 GMC Sierra Heavy Duty Truck Duty Truck ⚫ EOI Dundee plant has become an important manufacturer for vehicle manufacturers in Europe and America and is regarded The governor of the state of to be a new star. Michigan come to the openin
Slide 35: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 34
Slide 36: Keep Improving on the Grade of Corporate Governance Evaluation
Keep Improving on the Grade of Corporate Governance Evaluation FY2022 FY2021 (target) Score Score 96 FY2020 Score 85.49 57.71 Ranking interval in listed company : Ranking interval in listed company : Ranking interval in 1.Improve to 21%-35% 1.Improve to 10%-20% listed company : 2.Improve to 11%~20%
Slide 37: EOI's ESG Roadmap
EOI’s ESG Roadmap • Jan. ESG initiative conference: President Fanny Huang led all colleagues to declare that EOI is fully promoting ESG. • Apr. President Fanny Huang was invited to be the keynote speaker of "Business Sustainability Management Trend Forum" by CommonWealth MagazineIn. • Apr. The corpo
Slide 38: EOI's ESG Roadmap
EOI’s ESG Roadmap • Restart the cross-company gathering activity in Chunan Science Park • Establish the sustainable supply chain committee, construct the EOI 2023 carbon reduction system • Improving vendor carbon reduction • Import ISO 50001 and implement smart energy management • Import SASB guidel
Slide 39: Public Welfare and Environmental Protection and Energy Saving Achievements
Public Welfare and Environmental Protection and Energy Saving Achievements Public welfare and employee activities every month Water reuse 25.6% Local Waste decrease Lantern Festival Mother's Day Procurement 0.6% 90.91% Signal Product Energy Saving93.2% 東莞聯嘉募集物資贈東城敬老院長者 Lantern Festival Donation Char
Slide 40: Other Sharing
Other Sharing Excellence Opto. Inc.(EOI) is honored with the 2020 "Social Innovation" Common Good Award Honor to be the founding member of the top 20 benchmark enterprise of CWS Being the presenter of 2022 CWEF, sharing “pricing for the value” In 2022, EOI awarded two EOI awarded the prizes in TCSA
Slide 41: Agenda
Agenda 1 Company Profile 2 Market and Operating Performance 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 40
Slide 42: Improve 5 Degrees for Customers
Improve 5 Degrees for Customers Satisfaction Trust Dependency Engagement Loyalty • Forward-looking • Implement ESG: ESG Innovative • New Carbon reduction • Smart corporate governance • Affect inside/outside related party • Echo with other vehicle manufacturers Cost-Efficient • Automotive LED • Low c
Slide 43: Future Outlook
Future Outlook Using the patented Uniflex technology for automotive light modules in different applications including taillight, brake light, turn signal, daytime running lamp, or other automotive lights, targeting a delivery quantity of more than 12.5%-16% in the US market. Keep improving Adaptive
Slide 44: EOI's ESG Vision
EOI’s ESG Vision Group will adhere to the corporate mission of "continuous innovation and breakthroughs, and be the Pioneer of automotive light source technology", adopt agile organizational actions, strengthen advanced research and development, and do our best to achieve common prosperity and a bet
Slide 45: Thanks for your listening!
Thanks for your listening! Wish we work together to make a better and more environmental- friendly future for mankind!
Excellence Opto. — 2022 Investor Conference (held by IBF Securities) on 6ix