Apex — Investor Presentation 2018

Nov 16, 2018

Date: 19[th] Nov 2018

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Com an Presentation p y

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Apex Circuit (Thailand) Co., Ltd
Apex International Co., Ltd
Stock Code : 4927
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Outlines ：

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• Operating Performance (2017>2018)

• Business Situation (2018->2019)

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• Prospects (Capital Expenditure)

• Video (SEA, ASEAN)

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	K Baht Revenue	K Baht Revenue
	Material Cost
	Manufacturing Cost
	Gross	Margin
	Operating Expense
		NI (K Baht)
		NI (K TWD)
	Issued	shares
				145 M shares	145 M shares	152 M shares		149 M shares

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K Baht Revenue Material Cost Manufacturing Cost Gross Margin Operating Expense NI (K Baht) Scrap

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Revenue By Quarter

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Revenue By Territory

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Revenue Y2018

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+5.6% ▲
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Budget Y2019

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+6.5% ▲
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+17.3% ▲
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+4.3% ▲
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Layer Count

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Y2018

Y2019

ASP by Quarter

Apex 1 + 2

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+4% ▲
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Apex 1
+2% ▲
Apex 2 +7% ▲
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Application

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2018 2019
5G
PC
Auto
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Apex 2 expansion plan

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370 M
314 M
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• Annual demand of global PCB is 1.5 trillion TWD, multilayer 500 billion TWD (33%). Apex annual revenue is 1 billion, only 2%

• Land size of Apex 2 = 104,000 M[2]

• Phase I= 18,095 M[2 ] ; 111M (L) x 163M (W), 220k sqm per month (6.5 Billion Baht by full run)

• Phase II= 18,095 M[2 ] ; 111M (L) x 163M (W)

• Interim = 7,920 M[2 ] ; 120M (L) x 66M (W) , 150k sqm per month (CAPEX budget 2.5 billion Baht, Annual Revenue 5 billion Baht) 14

Automotive PCB

(2018, October)

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SSB/DSB and 4-16layers amounted 73% of demand of auto boards

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In-House Testing Lab

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• Budget 100M Baht, 1-year construction

• Focus on reliability and product funtion

• Clarify problems and resolve it effectively through internal control

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World-Class PCB Partner

World No.1

World No.2

World No.1

Awards

Samsung VD Best Supplier / Member Club Awards in 2018

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Cal-Comp(Technicolor) & Foxconn (Pace) Best supplier Award for 2017

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Canon Hi-Tech Best Quality System Awards for 2017

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Operation Objectives and Culture

Corporate Culture 企業文化

Operation Goal 經營目標

Ap[proach][+] Ex[cellence = ] APEX

Passion 熱情 Happy 快樂 Employee Care Discipline 關愛 紀律

All-Win 共贏

Shareholders 股東 Interests 利益 Management Employee Team 基層員工 管理團隊

Customers 客戶

Suppliers APEX 廠商 公司

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Thank You

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