Ww Holding, Inc. · TWSE:8442
Ww — Investor Presentation (December 2023)
10 slides from Ww's investor presentation, Dec 18, 2023
Slide 1: WW Holding
WW Holding (8442 TT) 12/18/2023 公司簡報
Slide 2: Disclaimer
Disclaimer • The information contained in this confidential document ("Presentation") has been prepared by WW Holding (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. • While the information contained herein has been prepared in goo
Slide 3: Key Points
Key Points 20Y NT$6 billion 7,000 126 Mfg Number of Production Q1-Q3 23 Revenue experience Employees Lines 7 80 8442 Production Global Brand Taiwan Stock Exchange Sites Customers Stock Code 3
Slide 4: Our Products
Our Products Protective Gears Sports Gloves Sports Accessories Sports bags/Golf bags Nylon Luxury Bags Leather Luxury Bags Luggage & Suitcases 7
Slide 5: Q1-Q3 2023 Financial Results
Q1-Q3 2023 Financial Results 20% 8% 6.0b YOY +0.9% Q1-Q3 Rev YOY GP-6.5% Net margin flat YOY -5.9% NT$8.07 GM flat 8% EPS YOY -0.2% YOY Op. Profit -3.6% Q2 shut down Op. Margin flat Huian, Jiangsu Factory 30
Slide 6: Monthly Revenue
Monthly Revenue 2023 2022 2021 2020 900,000 2023 2022 2021 JAN 488,235 628,299 436,365 465,309 800,000 Feb 654,583 502,452 331,062 280,843 Mar 575,638 582,559 400,487 389,326 700,000 Apr 717,925 727,512 442,003 348,470 May 700,798 827,982 478,925 261,707 600,000 Jun 781,922 826,501 493,224 295,751 J
Slide 7: Gross Margin Trend
Gross Margin Trend 25 22.99 21.31 21 21 21.77 20 17.94 19.06 19.06 18.57 18.07 17.7 17.3 18 16.59 16.53 16.6 15 14.98 13.61 13.64 12.42 10 9.97 9.03 7.4 • 5 0 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23
Slide 8: Balance Sheet
Balance Sheet YoY (%) NT$m 2020 2021 2022 1-Q323 2020 2021 2022 Total Asset 3,632 5,026 6,608 6,135 (19.7) 38.4 31.5 Cash 572 518 1,027 938 19.0 (9.5) 98.3 Account Receivables 700 1,493 2,028 2,209 (43.3) 113.1 35.8 Inventory 699 1,048 1,163 968 (16.9) 50.0 11.0 Fixed Asset 817 802 822 1,453 (8.1) (
Slide 9: Income Statement
Income Statement 1- Q3 YoY (%) NT$m 2020 2021 2022 23 2020 2021 2022 Revenue 3,742 5,400 8,539 6,024 (42.1) 44.3 58.1 Op. Cost 3,189 4,627 6,752 4,813 (40.1) 45.1 46.0 Gross Profit 552 773 1,786 1,210 (51.1) 39.9 130.3 Op. Exp (665) (699) (1,094) (727) (24.3) 5.2 56.4 Op. Profit (112) 73 692 483 (14
Slide 10: Dividend & Capex
Dividend & Capex (NT$m) 2019 2020 2021 2022 Net Profit 212 (153) 75 636 Cash Dividend 18 - 60 301 Diluted Cash Dividend/Shr 0.3 - 1 5 (NT$) Cash Dividend Payout Ratio 7.1% - 80% 47% Cash Dividend Yield 0.7% - 1.7% 6.06% Capex 185 65 114 179 Capex/Revenue 2.86% 1.7% 2.11% 2.1% 36