Apex — Annual Report 2020

Mar 9, 2021

APEX 泰鼎 Sam Wu, CSO

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© February 2021 Apex International Co., Ltd.
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Company Profile

Company Name Apex Circuit (Thailand) Co., Ltd. Products Rigid Printed Circuit Boards Founded September 2001 Ground Area Apex 1 – 35,000 M[2] Apex 2 – 105,000 M[2] Apex S – 8,544 M[2] Paid up Capital NTD 189.9M Employees 7,441 Listed Company Apex International Co., Ltd.

Physical Lab Vertical Extension

IPO listed in Taiwan on 18[th] October 2011 TWSE listed in Taiwan on 8[th] September 2015 R&D center and in-house testing lab 2019 Obtained Apex S (1L) on Jan 2020

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Certificates

IATF 16949 Certificate upgraded in Jul. 2020 & Jan. 2021 Apex 1 & 2

ISO 14001 Certificate upgraded in Oct. 2020 & Dec. 2019 Apex 1 & 2

ISO 9001 Certificate upgraded in Jul. 2020 & Jan. 2021 Apex 1 & 2

ISO 45001 Certificate upgraded in Jan. 2020 Apex 1 & 2

Green Procurement Standards Sony/Canon Hi-Tech in 2018 Apex 1 & 2

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Production Capacity Plan: (unit: square meter)

Plant	Jan., 2021 Q3, 2021 Future
A 1	APEX 3 320,000 320,000 320,000
A 2	290,000 290,000 290,000
A S	170,000 170,000 170,000
A 3	n. a. 70,000 250,000
	4 780,000 850,000 1,030,000

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APEX 3 Plan Expansion: Jan., 2020 to Q3, 2021
TBC
Apex 3
Apex 2
APEX 2 Land Area : 105,000 m [2]
Apex 2 = 18,095 m [2] Apex 3 = 7,920 m [2] TBC = 18,095 m [2]
111m(L) x 163m(W) 120m(L) x 66m(W) 111m(L) x 163m(W)
Capacity: 290,000 m [2] /Month Capacity: 70,000 m [2] /Month Future plan
MP2014 MP2021: Automotive + HDI
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APEX 3 Plan Expansion: Jan., 2020 to Q3, 2021

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Advantages

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Senior Management Team

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Bill Chou Woody Wang
CEO Chairman
DC Chen Ozzy Lee Warren Hsu Steven Yang Jeff Huang Edwin Lin Sam Wu James Cheng
CTO CBO CFO CPO CMO COO CSO EVP
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Objectives & Culture

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Global Presence

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Valuable Customers

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World Class Partners

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Best Supplier Awards

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2020 Quarterly Revenue by Product Mix

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2020 Revenue by Product Mix
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2020 Revenue by Layer Count

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Gross & Operating Margin Trend

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Quarterly Gross & Operating Margin

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ROE and ROA

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Improving Profit and EPS

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Dividend Policy

Year	Cash Dividend	Stock Dividend	EPS	AGM Date
2020	3.00*	-	6.31	May 31
2019	3.00	-	4.46	June 5
2018	2.46	-	5.45	June 5
2017	0.00	-	0.59	June 15
2016	0.78	0.32	2.23	June 15
2015	2.50	-	4.34	June 15
2014	2.50	-	4.06	June 2

*Based on fully-diluted shares

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Quarterly Results: (THB vs. NTD)

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2020Q4 2020Q3 2019Q4
Revenue
(in THB) 3,211M 3,425M 2,254M
QoQ (6.2%)
YoY 42.4%
Revenue
(in NTD) 3,022M 3,223M 2,279M
QoQ (6.2%)
YoY 32.6%
Gross Margin 19.4% 21.4% 14.9%
Net Margin 6.9% 11.2% 2.1%
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Quarterly Results: (QoQ/YoY Comparison)
(NTD) 2020Q4 2020Q3 2019Q4
Revenue 3,022M 3,223M 2,279M
QoQ (6.2%)
YoY 32.6%
Gross Profit 585M 691M 339M
QoQ (15.3%)
YoY 72.6%
Net Profit 209M 361M 47M
QoQ (42.1)%
YoY 344.7%
EPS 1.09 1.89 0.22
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Yearly Results: (2020 vs. 2019)

(NTD)	2020	2019	Growth %
Revenue	11,833M	10,387M	+13.9
Gross Profit	2,508M	1,970M	+27.3
Operating Profit	1,194M	841M	+42.0
Net Profit	1,204M	831M	+45.0
EPS	6.31	4.46	+41.5

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APEX CSR

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The 22[nd] Overseas Taiwanese SMEs Award 第二十二屆海外台商磐石獎

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APEX CSR

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APEX CSR

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Top 6-20% in Corporate
Governance Evaluation;
AREA -Investment in People;
Zer o Fire Project
Community Services and
Donations;
Happy and Safe Workplace;
Customer Services and
Energy Saving;
Suppliers Cooperation
Water Saving;
Waste Recycling;
GHG Inventory and
Disclosure;
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APEX CSR

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Caring Homeless Program
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Songkran-Donation Program
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APEX Green Program

Community Services

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APEX CSR

Providing Scholarship for Local School

Blood Donation

Providing Scholarship for Employee

Anti-drug with Thai Government

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APEX CSR

For more information, please refer to APEX's CSR report URL：http://www.apex-intl.com.tw/en/csr-7.php

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Thank You

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