Winner Medical Co. Ltd. Class A · SZSE:300888
Winner Medical Co. Ltd. Class A — Investor Presentation (November 2011)
20 slides from Winner Medical Co. Ltd. Class A's investor presentation, Nov 15, 2011
Slide 1: Winner Medical Group Inc. Investor Presentation
稳 健 医 疗 集 团 Winner Medical Group Inc. (NASDAQ: WWIN) A Leading China - based Exporter and Retailer of High - quality, Cotton - based Medical Dressings and Consumer Products November 2011
Slide 2: Disclaimer
Disclaimer This presentation contains certain statements that may include ''forward - looking statements'' within the meaning of Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchange Act of 1934 , as amended . All statements other than statements of his
Slide 3: Capital Market Overview
Shenzhen, China Revenue: $41.4 Mm Gross Margin: 25.8% Net Income: $2.7 Mm EPS: $0.11 A leading China - based exporter and retailer of high - quality medical dressings and consumer products made from 100% cotton Price: $3.12 52 - Week Price Range: $2.76 - $6.10 Weighted Average Ordinary Shares Outsta
Slide 4: Company Overview
3 1 Company Overview 2 Market Presence and Growth Our Business Product Offering
Slide 5: Company Overview
• Founded in 1991, headquartered in Shenzhen, and listed on NASDAQ in April, 2010. • Product portfolio covers: medical dressings and PurCotton® consumer products • A leading medical dressings exporter in China for nine consecutive years* — North America, Europe, and Japan are our major markets • Ver
Slide 6: Product Offering by Type
• OEM – Europe, North and South America, Japan o Revenue Contribution: ~72 %* • Winner® branded – China Mainland, Hong Kong, Singapore, Middle East, and other emerging markets o Revenue Contribution: ~16%* • Jumbo Roll Supplies – Global and Domestic Markets o Leading B2B clients including Hengan Int
Slide 7: Market Presence and Growth – Medical Global
Europe x 10+ years Japan x 15+ years North & South America x 5+ years Market Presence and Growth – Medical Global
Slide 8: Market Presence and Growth – Medical Domestic
• Winner® branded medical dressings ranked No. 3 domestic sales in China* • Eight offices in major cities for hospital sales • Cooperation with seven of the top 10 drug store chains in China, such as China Nepstar, Shanghai Pharma, covering all provinces except Tibet Market Presence and Growth – Med
Slide 9: Market Presence and Growth – PurCotton Jumbo Roll
Market Presence and Growth – PurCotton® Jumbo Roll • Manufacturing process patented in over 42 countries and regions • Four production lines with expandable capacity — current : ~430 tons per month PurCotton® is a 100% cotton spunlace nonwoven material. A technically advanced product, it is also a l
Slide 10: PurCotton Retail Channels: Stores, Online, Key Accounts
Specialty Retail Stores: Build product recognition and provide direct customer interface • 43 directly - operated stores in major cities as of November 11, 2011 o Beijing: 10; Shanghai: 7; Hong Kong: 3; South of China: 23 • ~19K customer membership; member’s repurchase rate over 50%* • Cash investme
Slide 11: Investment Highlights
Investment Highlights Dedicated and Experienced Management Team 1 Strong Brand Recognition and Strict Quality Control 2 Category Leader in OEM and Retail 3 Multiple Growth Opportunities 4
Slide 12: Experienced Management Team
• Founded Winner Medical in 1991 • 30 years of experience in the medical dressing industry • Director - general of China Nonwovens & Industrial Textiles Association • Joined Winner Medical in 2002 • Extensive experience in information and technology management • In charge of SAP - ERP system and bus
Slide 13: Strong Brand, High Quality
• Strict quality control and advanced management – to meet customers’ increasing needs for safe, natural and high - quality products o 54 domestic and international patents o FDA, CE mark, TUV, Japanese Accreditation and other global standard certifications o Granted COTTON USA Mark and Natural™ Tra
Slide 14: Category Leader: OEM and Retail
Medical Dressings Products • FY2010 revenue: $104.9 million • Direct sales to well - known oversea healthcare companies • Partnerships with industry associations, local distributors, chain drug stores PurCotton® Products • FY2010 revenue: $10.1 million • 43 directly operated stores + 2 online platfo
Slide 15: Multiple Growth Opportunities
• Market size: • Gl obal medical dressings exports ~ $13.3 billion in 2010 • Domestic medical dressings ~$6.3 billion in 2010, 19% Y - o - Y growth* • Chinese healthcare reform promotes products with higher quality — more hospitals are adopting disposable medical products • Emerging market opportuni
Slide 16: Financial Highlights
3 Financial Highlights 1 Strong Growth, Solid Track Record 2 Strong Operating Metrics Well Managed Costs and Operating Expenses
Slide 17: Strong Growth, Solid Track Record
Revenue Net Income ($Mm) ($Mm) Strong Growth, Solid Track Record Q411 financial results are preliminary unaudited
Slide 18: Well Managed Costs and Operating Expenses
Gross Margin SG&A Expenses as % of Revenue Well Managed Costs and Operating Expenses Q411 financial results are preliminary unaudited
Slide 19: Strong Operating Metrics
Cash & Cash Equivalents Account Receivables Inventories Days of AR Turnover Days of Inv. Turnover ($Mm) ($Mm) vs. AR average 50 - 80 days Strong Operating Metrics Q411 financial results are preliminary unaudited
Slide 20: Contacts
ICR Inc. Mr. Rob Koepp Ms. Rene Jiang China Phone: +86 - 10 - 6583 - 7516, - 7521 US Phone: +1 - 646 - 405 - 5171 Email: robert.koepp@icrinc.com rene.jiang@icrinc.com Winner Medical Group Inc. Ms. Huixuan Chen (Fiona) Investor Relations Manager Phone: +86 - 755 - 2806 - 6858 Email: investors@winnerm
Winner Medical Group — Investor Presentation (November 2011) on 6ix