CHIN POON Investor Conference No.17, Ln. 5, Sec. 2, Nanshan Rd.,Luzhu Dist., Taoyuan City 33852, Taiwan (R.O.C.) TEL: Website:

Transcription

1 1 CHIN POON Investor Conference No.17, Ln. 5, Sec. 2, Nanshan Rd.,Luzhu Dist., Taoyuan City 33852, Taiwan (R.O.C.) TEL: Website:

2 Disclaimer 2 The presentation contains projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but they involve risks & uncertainties. Our actual results of operations & financial condition may differ significantly from those contained in projections & estimates. The projections & estimates should not be interpreted as legally binding commitments, but rather as flexible information subject to change occasionally.

3 Main Topics 3 Introduction Investors Focus Performance in Global Auto Market New applications in Cars Q&A

4 Introduction 4 Company Profile Global Network Financial Position and ROE Specialty on Auto PCB Top 1 Auto PCB Maker

5 Company Profile 5 Company Name : Chin-Poon Industrial Co., Ltd. Established : September 26 th,1979 (Listed since October 1996) Representative : Vincent Huang / Chairman Business : Rigid Printed Circuit Board Products : HDI, Multilayer, Single-Sided, Double-Sided Heavy Copper, Heat Sinks, Semiflex, CuInlay STH(Silver Paste Through Hole), CuTH(Copper Paste Through Hole) Capital : NT$ 3.97 billions Equity : NT$ billions (Sep ) Revenue : NT$ billions (2017) Employee : 8,600+ (Taiwan 3,700+, China 3,600+, Thailand 1,300+) Address : No.17, Ln. 5, Sec. 2, Nanshan Rd., Luzhu Dist., Taoyuan City 33852, Taiwan

6 Total Solutions for Rigid PCB 6

7 Global Network 7 U.K. Spain Netherlands Germany China Korea Japan Taiwan Thailand U.S.A. Mexico Taiwan Taoyuan Int l A/P Tao-Yuan Taipei City Pathumthani Phra Nakhon Si Ayutthaya Bangkok Don Muang Airport Suvamabhumi Int l A/P Malaysia Changshu Nantong Sutong Bridge Hsin Chu Tao Yuan Zhong Li Banqiao Ping-Cheng Taiwan Chon Buri Pattaya Thailand Taihu Lake Suzhou Jarxing Shanghai Hangzhou Bay Pudong Int l A/P Sales Office & Mfg. Local Service Hangzhou Bay Bridge China Ningbo

8 Milestone 8 T1 Plant S/S PCB T1 Plant STH PCBs PN Plant D/S PCBs Listed in Taiwan Stock Exchange T2 Plant MLB Running Thailand Draco Established PN Plant : Heat Sinks PCBs Heavy Copper Running T1 Plant : CuTH Running RoHS Implemented China Plant ACP Established T2 Plant HDI Running Changshu Plant CPCS Multilayer Running Japan Office Established Changshu Plant CPCS S/S Q3 Running PN Plant Heat Sinks PCBs Heavy Copper Pilot Running CPCD D/S & MLB Running Wired-Rigid Cu Inlay LED Light Bar Running 2014 T2 HDI & CPCS MLB Capacity Expansion Fire in PN Plant 2016 T2 Hi-Frequency/Speed PCBs Running

9 Strong Financial Position 9

10 Market Capitalization and ROE 10

11 Specialty on Auto PCB 11

12 Top 1 Auto PCB Maker in Sources: N.T. Information Ltd (September ) 2. N.T. Information Ltd estimated that the global revenue of Auto PCB was 6.4 billion US Dollars. USD in millions Rank Auto PCB Maker Nationality Total Automotive Auto Ratio Market Revenue PCB Share 1 Chin Poon Taiwan % 9.1% 2 CMK Corporation Japan % 8.7% 3 TTM Technologies USA 2, % 7.9% 4 Nippon Mektron Japan 3, % 7.0% 5 Meiko Electronics Japan % 6.7% 6 KB PCB Group China 1, % 5.6% 7 Tripod Technology Taiwan 1, % 4.8% 8 KCE Electronics Thailand % 4.7% 9 AT&S Austria 1, % 3.9% 10 Wus Taiwan % 3.1% Top 10 Total 3, %

13 Global Competition among Top Auto PCB Makers Sources: N.T. Information Ltd. except for the figures of The calculation of the figures for 2012 is based on N.T. Information s Top 100 Ranking and each company s auto ratio. 2. The revenues of TTM before 2015 belonged to Viasystems who was acquired by TTM in KB PCB Group s CAGR is for the period of 2013 ~ CAGR 18.3% 1.7% 6.2% 16.6% 7.8% 3.4% 39.2% 9.4%

14 Growth of Chin Poon s Auto Business 14

15 59% of Production in Taiwan 15

16 Chin Poon s Sales by Region 16

17 Investors Focus 17 Fire Impact Revenue Growth Profit Growth Payout Ratio

18 Fire Impact on Finance 18 NT$ in thousands Loss Insurance Claim Impact on Finance Property Loss (820,127) 350,000 (470,127) Clearing-up Expense (390,831) 0 (390,831) Total Impact until October (1,210,958) 350,000 (860,958) Remarks Main insurance claim is expected be received in the future. And the total actual claim amount will depend on the claim reveiw of insurance companies. There are several items in the future, such as the expense for clearing up the fire site.

19 Fire Impact on Business Old Average means monthly average from Jan to Apr. 2. New Average means monthly average from May to Oct.

20 Revenue Growth 20

21 Comparison of Revenue between H1 and H2 21

22 Profit Growth 22

23 Gross Margin and Net Income Ratio 23

24 Impacts on Gross Margin from USD and Copper 24 Note: Simulated Gross Margin = Previous Gross Margin * Change of USD * Change of Copper Price of the previous period

25 Payout Ratio 25

26 CAPEX and Revenue Growth 26

27 Performance in 27 Performance of Revenue of Profit of Impacts on Profit of

28 Performance of 28

29 Revenue of 2017 & 29

30 Profit of 2017 & 30

31 External Impacts on Profit of 2017 & 31 Note: Simulated Gross Margin = Previous Gross Margin * Change of USD * Change of Copper Price of the previous period

32 32 Thank You IR Contact: Alex Hsiao Tel: