Yieh Phui Enterprise Co., Ltd. · TWSE:2023
Yieh Phui Enterprise — 2020 2nd Investor Conference
25 slides from Yieh Phui Enterprise's conference presentation, Dec 28, 2020
Slide 1: 2020 2nd Investor Conference
2020 2nd Investor Conference 2020.12.28 Security Code：2023
Slide 2: Disclaimer
DISCLAIMER This presentation is based on the information obtained from various sources which the company believes to be reliable. But at some points in the future, there are a variety of factors which could cause actual results to differ materially from those statements. Therefore, please refer to t
Slide 3: Introduction, Operation Outline, Future Development
1 Introduction 2 Operation Outline 3 Future Development 3/25
Slide 4: 1.1 Introduction of Yieh Phui Enterprise
1 2 3 • Introduction 1.1 Introduction of Yieh Phui Enterprise Address NO. 369, Yuliao Road, Qiaotou District, Kaohsiung City 82544, President of Yieh Phui Enterprise Founder and Chairman Chairman of Yieh Phui (China) Mr. Lin, I-Shou Mr. Wu, Lin-Maw Number of Employees Date of Founding March 20, 1986
Slide 5: 1.1 Introduction of Yieh Phui Enterprise: Products and Production Flow
1 2 3 • Introduction 1.1 Introduction of Yieh Phui Enterprise Products: Hot-Dip Zn Coated/5% Al-Zn Coated/55% Al-Zn Coated Steel Coils and Pre-Painted Steel Coils Production Flow Chart: Material Procedures Products Hot-Rolled Pickling Hot-Rolled Pickled Steel Coils Steel Coils Packaging Cold-Rolled
Slide 6: Application of galvanized steel coil
1 2 3 • Introduction 1.1 Introduction of Yieh Phui Enterprise Application of galvanized steel coil 3C & Appliances Farming Usages 9.20% 2.24% Automobile Parts Pipes 6.76% 0.38% Silos Oil Filters for Automobiles General Uses Construction/ (substrate, roll forming) Interior Decorating 33.98% 47.44% EM
Slide 7: Application of pre-painted steel coil
1 2 3 • Introduction 1.1 Introduction of Yieh Phui Enterprise Application of pre-painted steel coil Appliances 3.30% Automobile Parts 0.37% Interior Decorating Farming usages 7.47% 0.11% Hospital and office appliances Anti- Microbial Plus Roofing & Siding of Industrial Factory Construction 88.75% Ho
Slide 8: 1.2 Consolidated revenue of 2020 Q1~3 (by company)
1 2 3 • Introduction 1.2 Consolidated revenue of 2020 Q1~3 (by company) Others 1.02% AWID 0.42% Yieh Phui EMMT 0.82% Enterprise Lianfa (Tianjin) 38.15% 2.53% Shin Yang 4.40% Consolidated Yieh Hsing Revenue 10.54% NT$39.13 billion Yieh Phui (China) 42.12% 8/25
Slide 9: 1.3 Consolidated revenue of 2020 Q1~3 (by product)
1 2 3 • Introduction 1.3 Consolidated revenue of 2020 Q1~3 (by product) Consolidated revenue of Galvanized & Pre-painted steel is over 78% Others 3.65% Hot-Dip Electronics 1.27% Galvanized Steel Structure & Cranes Steel Coils 2.18% 40.67% Steel Pipe 4.09% Cold-Rolled Full Hard Steel Coils 9.47% Hot-
Slide 10: 1.4 Consolidated revenue of 2020 Q1~3 (by area)
1 2 3 • Introduction 1.4 Consolidated revenue of 2020 Q1~3 (by area) Europe 7.2% America Asia 9.6% 50.5% Taiwan Others 29.3% 0.1% Australia 3.3% 10/25
Slide 11: Operation Outline
1 Introduction 2 Operation Outline 3 Future Development 11/25
Slide 12: 2.1 Chart for the trend of consolidated revenue
1 2 3 • Operation Outline 2.1 Chart for the trend of consolidated revenue NT$, million 80,000 70,000 73,856 71,159 60,000 59,688 50,000 52,847 49,785 40,000 39,134 30,000 20,000 10,000 0 2015 2016 2017 2018 2019 2020~Q3 The consolidated revenue for the first three quarters of 2020 was NT$ 39,134 m
Slide 13: 2.2 Chart for the trend of consolidated operation
1 2 3 • Operation Outline 2.2 Chart for the trend of consolidated operation 16.00% Gross profit margin 13.64% 12.00% 8.85% 7.44% 8.00% 7.00% 8.00% 5.00% 4.00% 0.00% 2015 2016 2017 2018 2019 2020~Q3 Consolidated net profit after tax Earnings per Share NT$, million (Equity accrued to the parent
Slide 14: 2.3 Consolidated profitability and financial structure
1 2 3 • Operation Outline 2.3 Consolidated profitability and financial structure NT$, Million/Unit Item/Year 2015 2016 2017 2018 2019 2020~Q3 Sales Revenue 49,785 52,847 71,159 73,856 59,688 39,134 Gross Profit 3,704 7,206 6,299 5,911 2,549 2,908 Sales Gross Profit Margin 7.44% 13.64% 8.85% 8.00% 5.
Slide 15: 2.4 The trend of the sales of coated steel products
1 2 3 • Operation Outline 2.4 The trend of the sales of coated steel products 10,000 metric ton Sales of Yieh Phui Sales of Yieh Phui (China) Consolidated Total Sales 200 193 184 185 187 178 180 172 169 166 166 167 167 162 160 143 144 53 89 140 49 84 82 95 130 85 125 68 69 122 67 74 81 120 11 0 48 5
Slide 16: 2.5 The price trend of materials: Hot-rolled steel coils
China Taiwan 10,000 15,000 20,000 3,000 3,500 4,000 4,500 Jan-19 Jan-19 Feb-19 Feb-19 Mar-19 Mar-19 Apr-19 Apr-19 May-19 May-19 Source: Yieh Phui Jun-19 Jun-19 Jul-19 Jul-19 Aug-19 Aug-19 Sep-19 Sep-19 Oct-19 Oct-19 Nov-19 Nov-19 Dec-19 Dec-19 Jan-20 Jan-20 Feb-20 Feb-20 Mar-20 Mar-20 Apr-20 Apr-20
Slide 17: 2.6 The price trend of products
1 2 3 • Operation Outline 2.6 The price trend of products NT$/metric ton 35,000 Domestic sales 25,000 (Taiwan) 15,000 FOB US$/metric ton 1,000 Pre-painted Exports Steel Coils 750 (America) Hot-Dip Galvanized Steel Coils 500 RMB/metric ton 1,000 China 750 (Sales of Yieh Phui (China)) 500 Jan-19 Jun-1
Slide 18: Future Development
1 Introduction 2 Operation Outline 3 Future Development 18/25
Slide 19: 3.1 Prospects for major markets
1 2 3 • Future Development 3.1 Prospects for major markets A. International： B. Domestic: ① The relations between China and the US is expected to ease. It remains ① The fact that Taiwanese firms repatriate from China leads to the increasing demand of steel unknown whether Taiwan will benefit from th
Slide 20: 3.2 Yieh Phui Taiwan sales volume 2020 Q1~3 (by areas)
1 2 3 3.2 Yieh Phui Taiwan sales volume • Future Development 2020 Q1~3 (by areas) With a global recognition as a premium supplier of coated steel, Yieh Phui Taiwan has so far reached its sales to 137 countries, a 70% coverage of all 195 countries in the world. Due to the appreciate of exchange rate
Slide 21: 3.3 Yieh Phui Taiwan major products: the application of materials
1 2 3 3.3 Yieh Phui Taiwan major products: • Future Development the application of materials Materials projects Renewable energy Brackets for solar power 1. Completing the development and application of the SolarKing brackets on various solar photovoltaic power plants(ground, rooftop, and water
Slide 22: Galvanized and pre-painted steel brackets for solar photovoltaic power system
1 2 3 Yieh Phui Taiwan galvanized and pre-painted steel Our goal： Construct a New Solar brackets for solar photovoltaic power system Power Island: M I T Brackets Product system Product system material sales strategy sales strategy C1~CX C1~C3 Corrosion Corrosion Steel level Galvanized Pre-painted le
Slide 23: PhuizerGreen AMC Plus & ColorGreen AMC Plus
1 2 3 Yieh Phui Taiwan PhuizerGreen® AMC Plus & ColorGreen AMC Plus® The 2nd generation of Efficient Approved by FIRDI, SGS antibacterial certification PhuizerGreen® AMC Plus & ColorGreen AMC Plus® 1. Staphylococcus aureus 2. Klebsiella pneumoniae 3. Pseudomonas aeruginosa 4. Corynebacterium diphthe
Slide 24: High efficient steel material for harsh environment: pre-painted 445 stainless steel sheets
1 2 3 Yieh Phui Taiwan high efficient steel material for harsh • Future Development environment: pre-painted 445 stainless steel sheets As the pioneer of the business, we’ve taken ISO9223 (a classification system for the corrosivity of atmospheric environments) and Taiwan’s unique environment into c
Slide 25: 3.4 Outline for Most Recent Investment
1 2 3 • Future Development 3.4 Outline for Most Recent Investment Area Kaohsiung – Taiwan Projects E Sky Land Briefing The E Sky Land site A contains 31 stories aboveground, 6 stories underground, total of space of 77,000 ping of high-end shopping mall with a hotel franchised with Marriott Internati