Slide 1: Fusheng Precision Co. Ltd. 2022/Q3
Fusheng Precision Co. Ltd. TWSE：6670 2022/Q3 Nov. 29 , 2022 1
Slide 2: Company Profile
Company Profile Financial Performance Key Messages ESG Q&A 2
Slide 3: Fusheng Group Key Milestones
Fusheng Group Key Milestones 1953 1992 2001 2004 2010 2018/7 2018/12 Fusheng Group Set up GS in China Established Acquired and set Group Restructuring Invested NFT FSP listed in founded Electronics Division up FSPT Became the first off- Fusheng Precision: An aerospace casting TWSE The founding busin
Slide 4: Our Plant Sites
Our Plant Sites Zhongshan Aubo (Golf Club Head Accessories) Zhongshan Worldmark Headquarter & Taoyuan Factory 1,000+ (TiW back-end/MW&IR whole (TiW front-end/Forge/IPP) process/Carbon Fiber) 800+ 6,000+ Vietnam Vision FS Precision Tech (MW&IR whole process /Carbon Fiber) (Automotive/Aerospace Produc
Slide 5: Major Customers
Major Customers Sy, 3) Collins Aerospace E.T-N PRGR © Fujikura ial oa seamen H@NWA caila Ww, Dy PANYIN — oe Vv van ® DUNLOP ‘A better game by design JA\ZiING EASTON AFUSHENG —eeen
Slide 6: Financial Performance
Company Profile Financial Performance Key Messages ESG Q&A 6
Slide 7: Statement of Comprehensive Income
股票代號：6670 Statement of Comprehensive Income (In NT$ millions) 3Q 2022 2Q 2022 QoQ 1Q~3Q 2022 1Q~3Q 2021 YoY Net Revenue 8,044.1 8,366.8 -3.9% 24,499.6 16,912.1 44.9% Gross Margin 2,037.3 2,098.9 -2.9% 5,994.2 3,900.4 53.7% Operating Margin 1,329.5 1,451.9 -8.4% 3,995.6 1,619.5 146.7% Profit before T
Slide 8: Operating Performance
股票代號：6670 Operating Performance Sales Net Profit EPS EBITDA GM % EBITDA % 30,000 30 6,000 35% 28.21 5,518 25,000 24,500 25 5,000 23,215 30% 20,000 20 4,000 25.6% 3,838 17,201 22.8%24.6% 24.5% 16,49917,002 16,008 18.03 22.6% 3,223 22.9% 23.6% 25% 16.61 2,784 22.5% 15,000 14,129 14,230 15 3,000 13,527
Slide 9: Sales by Products
股票代號：6670 Sales by Products In NT$ Millions 30,000 24,500 25,000 23,215 3% Others 4% 10% 10% Baseball & Softball bats 20,000 4% 4% 9% 17,201 6% Aerospace & Automotive Parts 16,008 5% 15,000 5% 4% 14,228 Skates & Boots & Protective Gears 4% 4% 4% 5% 4% 1% 6% Club Head Accessories 10,000 74% 71% Graph
Slide 10: Balance Sheet
股票代號：6670 Balance Sheet (In NT$ millions) 2022/9/30 % 2022/6/30 % 2021/9/30 % Cash 3,641 16.8% 3,827 18.1% 1,454 9.7% Account Receivables 5,121 23.7% 5,187 24.6% 2,779 18.5% Inventories 4,796 22.2% 4,207 19.9% 3,776 25.2% Current Assets 14,681 67.9% 14,608 69.2% 9,069 60.4% PPE 5,028 23.3% 4,797 22.
Slide 11: Key Messages
Company Profile Financial Performance Key Messages ESG Q&A 11
Slide 12: Key Message (1/3) - Golf Industry
股票代號：6670 Key Massage (1/3)- Golf Industry US Rounds Played – 2022 vs. 2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec • As of Sep 2022, US rounds played YTD -2.5%. +13.0% Sep. and Oct. rounds played would be partially impacted by the Hurricane on the east coast. +2.7% +2.5% +3.9% -0.2% • Retai
Slide 13: Key Message (2/3) - Our Golf Business
股票代號：6670 Key Massage (2/3)- Our Golf Business Golf Club Head (71% of sales) • Considering the Lunar New Year in 2023 is earlier, some customers advance the shipments by the end of 2022, to fulfill the product launch for 2023 spring. • During the pandemic, because of the strong sell through of the o
Slide 14: Key Message (3/3) - Our Other Businesses
股票代號：6670 Key Massage (3/3)- Our Other Businesses Top 5 customers (all golf business) account for 69% of sales in 3Q 2022, with Minson’s Top 2 customers (hockey and motocross) being ranked as No.7, 8 in FSP customer list Skate & Boots (10% of sales) • Minson outperforms our pre-merger expectation, d
Slide 15: ESG
Company Profile Financial Performance Key Messages ESG Q&A 15
Slide 16: 2050 Sustainability Vision
股票代號：6670 2050 Sustainability Vision • Regarding our plentiful talents and close customer relationships as foundation, by building green and sustainable factories, we endeavor to actively response to climate change issues and advance circular economy and occupational health and safety, which ultimat
Slide 17: 2021 ESG Highlights
股票代號：6670 2021 ESG Highlights • The Chinese ESG report of 2021 has been uploaded to the corporate website and the MOPs, and the English version will also be published in the near future. E Solar Energy Installed solar power facilities with the capacity of 592kwh/day in 2021. There are specific plans
Slide 18: Q&A
Company Profile Financial Performance Key Messages ESG Q&A 18