Ww Holding, Inc. · TWSE:8442
Ww — Investor Presentation (November 2024)
26 slides from Ww's investor presentation, November 2024
Slide 1: WW Holding
WW Holding (8442 TT) Nov. 2024 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$6.3 8,600 155 Experience in Production Employees manufacturing YTD Revenue globally Lines 7 80 8442 Production Stock Code on Taiwan Global Brands Sites Stock Exchange 3
Slide 4: Company Overview
公司概況 COMPANY OVERVIEW 4
Slide 5: Milestones
MILESTONES 2021 - Beyond Strengthen 2006-2017 2015 - 2020 1998-2006 Leadership Corporate Sites Founded/ Expansion Adjustment Structuring Improve Efficiency ◼ 2016- Established Wilson ◼ 2006 – Kipling、Tumi、 Diversify Sites Decathlon on Board Leather (Thailand) Co. Expand Client Base ◼ 2008-09 – Under
Slide 6: Holding Structure
HOLDING STRUCTURE WW Holding Wilson Virtue King Wellpower TWT Inc. Virtue King Wellpower WILSON GROUP GLOBAL WORTH International Commerce HOLDINGS LIMITED INVESTMENT Limited Holding Co., Ltd. (SAMOA) HOLDING LTD. Wellpower WILSON GROUP WILSON HOLDINGS GLOBAL VIBRANT Trading Co., Ltd. HOLDINGS LIMITE
Slide 7: Products
PRODUCTS Protective Gears Sports Gloves Sports Accessories Sports bags/Golf bags Nylon Luxury Bags Leather Luxury Bags Luggage & Suitcases 7
Slide 8: Production Sites
PRODUCTION SITES Xingguo, Jianxi Thailand 8,309 Employees 148 Production Lines 2 Business Group Dongguan, Guangdong • Sporting goods • Business bags, luggage • Lines：28 • Lines： 11 • Staff：618 • Staff：1,282 Phnom Penh, Cambodia • Development Center • Luxury bags, sports bags • Lines：23 • Staff：1,842
Slide 9: Expansion in Cambodia Completed by Dec. 24
EXPANSION IN CAMBODIA COMPLETED BY DEC. 24 TOTAL AREA Phase One Stage 3 Phase Two Phase One Stage 3 Phase One Stage 1 9
Slide 10: Development Around Wellpower Cambodia Site
DEVELOPMENT AROUND WELLPOWER CAMBODIA SITE CAMBODIA VIETNAM Land p rice i n s urro un di ng area 01-Wellpower 01 B o th s i de s of 3 17B H i g h w a y f r o m $5 to n ow 2 0$- 50 $/ s q . New Site m et er 01-317B Highway Jin-Ba Freew ay 03-Jin-Ba HSR 02 20 23/ 6 be g a n. To co m p l ete by 20 27/
Slide 11: Revenue Contribution by Region
REVENUE CONTRIBUTION BY REGION Thailand Cambodia Migration Vietnam Accelerating Target 3 : 7 9M24 2023 Cambodia 23.18% 16.00% 9M24 2023 Thailand 12.62% 19.00% Vietnam 24.97% 24.00% 39% 41% Total 60.77% 59.00% 11
Slide 12: . ejaylorMade
28 . ejaylorMade w balance GCHAMP Frgle\ d kin m of aN LONGCHAMP sta kipling BOSS ARMANI EZ HUGO BOSS
Slide 13: Contribution by Products
CONTRIBUTION BY PRODUCTS 19% SPORTS/GOLF BAGS 13% YOY:21% LUGGAGE/BIZ BAGS YOY: -33% 3% SPORTS ACCESSORIES YOY:-0.21% 9M24 26% $ 6,310,595 NYLON BAGS/ACCESS. (YOY: 4.76%) YOY: 26.52% 6% SPORTS GLOVES YOY: -5.99% 11% 22% LEATHER BAGS/ACCESS. PROTECTION GEAR YOY:-6.31% YOY: 17.59% IN NT$1,000 13
Slide 14: Financial Performance
財務表現 ANCIAL FORMANCE 14
Slide 15: 9M24 Financial Results - Margins Growth
9M24 FINANCIAL RESULTS-MARGINS GWTH 21% 9% 6.3B Revenue YOY NET PROFIT NT$8.47 GM YOY 10% 10% YOY 15.5% 4.76% EPS YOY 4.95% OP. PROFIT YOY 12.5% Rec’d High 15
Slide 16: Monthly Revenue
MONTHLY REVENUE 2024 2023 2022 2021 900,000 2024 2023 JAN 717,294 488,235 628,299 436,365 800,000 Feb 500,251 654,583 502,452 331,062 700,000 Mar 592,625 575,638 582,559 400,487 Apr 764,106 717,925 727,512 442,003 600,000 May 762,768 700,798 827,982 478,925 500,000 Jun 713,521 781,922 826,501 493,22
Slide 17: Quarterly Gross and Net Margin Trend
季毛利率與季純益率趨勢 25.00 22.99 23.31 21.31 21.77 20.90 20.96 20.97 20.00 20.14 20.00 17.70 17.93 16.53 16.60 15.00 12.42 10.75 11.11 10.00 9.79 9.03 9 8.87 8.1 7 7 6.2 5.00 4.9 4.2 3.7 0.00 0.17 0.04 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 -3.87 (5.00) (10.00)
Slide 18: Balance Sheet
資產負債表 YoY (%) NT$m 2021 2022 2023 9H2023 9H2024 2022 2023 9H2024 資產總額 5,026 6,608 6,170 6,135 6,771 31.5 (6.6) 10.4 現金 518 1,027 1,191 938 1,172 98.3 16 24.9 應收帳款&應收票據 1,493 2,028 1,769 1,842 2,001 35.8 (12.8) 8.6 存貨 1,048 1,163 920 968 1,110 11 (20.9) 14.7 固定資產 802 822 841 803 1,046 2.5 2.3 30.3 負債
Slide 19: Income Statement
綜合損益表 YoY (%) NT$m 2021 2022 2023 9H2023 9H2024 2022 2023 2024Q3 營業收入 5,400 8,539 7,921 6,023 6,311 58.1 (7.2) 4.8 營業成本 4,627 6,752 6,313 4,813 4,974 45.9 (6.5) 3.3 營業毛利 773 1,786 1,608 1,210 1,337 131.0 (10.0) 10.5 營業費用 (699) (1,094) (931) (727) (759) 56.5 (14.9) 4.4 營業利益 73 692 677 483 578 847.9 (
Slide 20: Dividends and Capital Expenditure
股利發放和資本支出 (NT$m) 2020 2021 2022 2023 淨利 (153) 75 636 617 現金股利 - 60 301 352 稀釋後每股現金股利(NT$) - 1 5 5.3 現金股利發放率 - 80% 47% 57% 現金股利殖利率 - 1.7% 6.06% 4.6% 資本支出 65 114 179 188 資本支出/營收 1.7% 2.11% 2.1% 2.4% 20
Slide 21: 2024 Operating Outlook
2024 營運展望 2 1
Slide 22: 2025 Outlook: New Sites, New Customers, AI
2025年營運展望 新廠區擴展 新客戶開發 AI新技術導入
Slide 23: 2025 Outlook: New Sites, New Customers, AI
2025年營運展望 新廠區擴展 新客戶開發 AI新技術導入
Slide 24: 2025 Outlook: New Sites, New Customers, AI
2025年營運展望 新廠區擴展 新客戶開發 AI新技術導入
Slide 25: New COO Introduction
新任營運長介紹-洪維謙 工作經歷: 能力優勢： 武田製藥 資深工程師 II/經理 • 憑藉強大的生物化學背景，得 美國麻州, 2020年7月- 2024年 以顯著提升威宏控股的研究與 • 管理全球武田製藥跨功能 團隊，例如：資訊科學， 開發能力。 GMP, 製造，分析開發，製 成開發。 • 擁有對工業製造流程的全面了 • 開發最新製程科技技術 解，可協助公司推動自動化生 芝加哥大學Booth 商學院 • 規劃下世代製程科技，導 產及智慧工廠。 EMBA, 企業管理, 2023/6 入智慧工廠以強化生產流 月- 2025/6月 程，以工業4.0為最終目標 耶魯大學 • 致力於學習商業管理，以充分
Slide 26: Thank You
威宏控股股份有限公司(8442 TT) 謝謝! www.ww-holding.com.tw 26