Avision Inc. · TWSE:2380
Avision — 2021 Investor Conference
31 slides from Avision's conference presentation, Nov 26, 2021
Slide 1: 2021 Investor Conference
Stock Code:2380 2021 Investor Conference 2021.11.26 1
Slide 2: Disclaimer
Disclaimer This briefing and the simultaneous release of relevant information are based on prospect information obtained both internally and externally from the company including operating prospects, financial status and business forecasts. The actual operational, financial and business prospect
Slide 3: Company Profile
COMPANY PROFILE • Foundation April, 1991 • Capital NT$1,894 Million(US$67.5M) • Number of employees Taiwan / 380 China/ 700 • IPO December, 1998 • ISO-9001 September, 1993 certificated • ISO-14001 January, 2000 certificated • ISO-13485 November, 2012 certificated Avision Inc. (headquarter) Taiwan Av
Slide 4: Avision (Suzhou) Profile
Avision(SUZHO) PROFILE • Established December 1999 • Capital USD4,100M • Employee 700 • Location – Fab I: No.9, Suhong West Road, Suzhou Industrial Park, Jiangsu Province – Fab II: No.9, Yangtai Road, Suzhou Industrial Park, Jiangsu Province – Fab III: YICHUN AVISION Co., Ltd Avision Suzhou is a hig
Slide 5: R&D Organizational Chart
R&D Organizational Chart 5
Slide 6: R&D Group
R&D Group 1 Firmware O. Mechanical Software Hardware Network System Test Team System Develop ASIC Develop. Develop. R&D Group 2 Total R&D engineers : 180 EP Develop. Mechanical 1 Mechanical 2 Firmware Software Hardware 6
Slide 7: Internationally Recognized Expertise
Internationally Recognized Expertise Avision has obtained 1,206 patents and 721 innovation patents, and has184 patents on pending list. 7
Slide 8: Products and Market
Products and Market 8
Slide 9: Avision Scanner OEM History
Avision Scanner OEM History 2010 2013 2015 2017 Color: 40 ppm/ 80 ipm AV186+ Scan Q Micube AD215 Paper Air Series AV122 MiWand 2 Wifi Pro AD370FN AD8120U AD370N Color: 18 ppm/ 36 ipm Color: 70ppm / 140ipm Color: 120ppm/240ipm Color: 70ppm / 140ipm 2006 2012 2019 9
Slide 10: Avision Scanner OEM Products in 2021
Avision Scanner OEM Products in 2021 Color: 25 ppm/ 50 ipm Color: 32 ppm/ 64 ipm Color: 40 ppm/ 80 ipm Color: 45 ppm/ 90 ipm Color: 70 ppm/ 140 ipm Color: 90ppm/180ipm AD225 AV322U AD335 AD345 AD370 AD6090 AD332F AD335F AD345F AD350 AD370F Color: 32 ppm/ 64 ipm Color: 40 ppm/ 80 ipm Color: 45 ppm/ 9
Slide 11: Avision Scanner Roadmap: Consumer Product
Avision Scanner Roadmap 【 Consumer Product For retail channel / Private label 】 Speed (PPM) 25 AD225 WN Color: 25ppm/50ipm (Front Feed: ID Card Scan) AD215 (CIS) Color: 20ppm/40ipm 20 (Front Feed: ID Card Scan) FB1200+ (CIS) Built in WIFI (AD215W) B&W : 4 second (A4 300dpi) Built in Ultrasonic (AD21
Slide 12: Avision Scanner Roadmap: Economic Choice
Avision Scanner Roadmap 【 Economic Choice For SI / Tender 】 Speed (PPM) AD345N Color: 60ppm/120ipm Economic Choice 60 AD335N AN335WL AV332 AV332U AV332F Color: 35ppm/70ipm Color: 35ppm/70ipm Color: 32ppm/64ipm Color: 32ppm/64ipm Built in Ultrasonic Color: 32ppm/64ipm Android App build-in Compact Des
Slide 13: Avision Scanner Roadmap: High Value Scanner
Avision Scanner Roadmap 【High Value Scanner For SI / Tender】 AD9150N AD8120U Color: 150ppm/300ipm Speed (PPM) Color: 120ppm/240ipm Triple Ultrasonic CCD Image Sensor AD3100N Color: 100ppm/200ipm 120 CCD Image Sensor AD6090 Color: 90ppm/180ipm Built in Ultrasonic 90 AD370N AD370FN 0 Color: 70ppm/140i
Slide 14: MFP & Printer Development
MFP & Printer Development 14
Slide 15: Development history of copier/printer
Development history of copier/printer An electronic image was first created in 1938 by an American – Chester Carlson . The first business copier (Model A) was introduced by Xerox in 1949 The first laser printer was developed in 1969 by a Xerox engineer. The first desktop laser printer was in
Slide 16: Avision SFP/MFP OEM History
Avision SFP/MFP OEM History 2002 2004 2010 OA4800 AM3000 20 PPM 20 PPM L-company AM6120 28 PPM 20 PPM DS300/DS310F AV100 II 7 PPM 1 PPM K-company K-company 20 PPM 20 PPM 1993 2001 2005 2006 2015 16
Slide 17: Avision SFP/MFP OEM Products in 2021
Avision SFP/MFP OEM Products in 2021 B/W: 30 ppm B/W : 30 ppm B/W : 30 ppm B/W : 40 ppm B/W : 25 ppm B/W : 40 ppm Rabbit II Mice II X2030 AP400 AM5625i AM7640i Rabbit II Mice II Parrot AP500 AM7630i AM7650i B/W : 33 ppm B/W : 33 ppm Color: 26 ppm B/W : 50 ppm B/W : 30 ppm B/W : 50 ppm 17
Slide 18: Printer's Structure
Printer’s Structure Printer Engine：Image developing, Image forming, Fuser, Printer Engine Paper Movement and other Paper Tray mechanical components Control System：A SoC chip Chip + circuit board to control the circuits, firmware + firmware + driver and driver 18
Slide 19: The working principle of a safe and controllable printer
The working principle of a safe and controllable printer The printer engine only receives command and then performs action. It has nothing to do with the information security. The printer’s controller controls the engine’s action, manages the transmitting and receiving of information. And the co
Slide 20: The Core Technology of Avision Printer
The Core Technology of Avision Printer Printer Core Chip developed by Avision VM1 VM2 VM3(NP115) VM4 Completed: 2006-04 Completed :2013-06 Completed :2018-02 2022-04 Low cost ChipVM3(NP115) Characteristic 1. Highly integrated system chip: specially designed for black and white, color printer,
Slide 21: Can Avision printers gain a foothold in the market?
Can Avision printers gain a foothold in the market? What are Avision’s comparativeness when facing the reknown printer makers such as Canon, Ricoh, KMBT, Xerox , HP , and Brother？ - Avision's self-developed printer control chip can not only improve product differentiation, such as intelligent copy
Slide 22: The Market Scale of Domestic Printer in China
The Market Scale of Domestic Printer in China In 2020, the sales volume of A4 mono printers in China will be 8.8 million units. According to market experience, 1/4 of them could be purchased by the Communist party, government, military and state-owned enterprises. This means the market size of A4
Slide 23: Avision's Competitors in China
Avision’s Competitors in China China Makers： Ninestar, the company started by manufacturing and selling printer compatible consumables. In 2016, it raised US$4 billion to acquire the Lexmark Printer Company of the United States. However, the company only has the ability to develop A4 printers an
Slide 24: Highlight of Avision's Printer in China
Highlight of Avision’s Printer in China Chip development and design - leader LPH development and manufacturing – leader A4 Printer Engine development and manufacturing – comparative with Lexmark A3 Printer Engine development and manufacturing - leader Toner Cartridge developing technology
Slide 25: Avision Printer Business Plan
Avision Printer Business Plan Become a professional ODM/OEM company through technical cooperation with customers in China Develop a business model that provides free maintenance and consumables, such as leasing, one-time payment with full guarantee, etc., to meet the printing/copying requirement
Slide 26: Avision SFP/MFP Roadmap
Avision SFP/MFP Roadmap Market Price AM7850i AM7860i Intelligence Intelligence A3 / 50cpm AM7645 A3 / 60cpm Self-help AM7640/30 Intelligence printer & copier Intelligence A3 45ppm A3 40/30ppm AP510 A3 / 51ppm Color printer Twin color A4/25ppm MiceⅡ Scorpion AP30 AM30A 26 ppm A4 33cpm A4 A4/40ppm 30p
Slide 27: Consolidated Statements of Operations
Consolidated Statements of Operations 27
Slide 28: Income Statement For the Three Months Ended September 30, 2021 and 2020
Income Statement For the Three Months Ended September 30, 2021 and 2020 In Thousands of New Taiwan Dollars 2021 2020 Growth(%) Sales Revenue 661,984 512,200 29% COGS (530,236) (405,698) -31% Gross Profit 131,748 106,502 24% Operating Expenses (192,979) (194,774) 1% Operating Income (61,231) (88,272)
Slide 29: Income Statement For the Nine Months Ended September 30, 2021 and 2020
Income Statement For the Nine Months Ended September 30, 2021 and 2020 In Thousands of New Taiwan Dollars 2021 2020 Growth(%) Sales Revenue 2,199,482 1,099,697 100% COGS (1,722,672) (910,988) -89% Gross Profit 476,810 188,709 153% Operating Expenses (555,933) (568,185) 2% Operating Income (79,123) (
Slide 30: The Three-year Consolidated Revenue
The Three-year Consolidated Revenue 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2021 2020 2019 Sales increases year by year. The growth for the nine months ended September 30 2021 is up to 100% from the prior-year period. The growth of the
Slide 31: Thank you!
Thank you! 31