COMPUCASE — Interim / Quarterly Report 2017

Nov 17, 2017

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• 2017.11.20 • HEC Group

Statement

This power point provide information include the estimated and estimated data, because of it has uncertain reasons, it possible cause the different between reality and PPT date.

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Company Snapshot

Established	1979 / 02/16
Capital	NT$ 1,132,856,260
Staffs	3000
Headquarter	No.225, Ln. 54, Sec. 2, Anhe Rd., Annan Dist., TainanCity709,Taiwan(R.O.C.)
Factory location	Shenzhen, Dongguan, Yongfeng
Main product	Server, CASE, PSU

HEC Milestone

1979	Established
1989	Import computer case design and development technology
1996	To Establishe professional case manufactory in Shenzhen
	obtained ISO9002 certification
1997	Import PSU design and development technology
1999	obtained ISO9001 certification
2001	listed company at OTC
2002	public traded company
2010	To Establishe professional transformer manufactory in Jiangxi
	obtained ISO14001 certification
2012	obtained OHSAS18001 certification
2015	To Establishe second professional PSU manufactory in Dongguan
2016	Acquired Optima Ltd., 60% stock in April
	Acquired LFE Ltd.,50.48% stock in June

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HEC GROUP
Optima
PC Chassis Storage Medical Bed
Adjustable
Server Server
Bed
LED Driver & Medical
NCT
Lighting Chair
Medical
Power Supply POS
Accessories
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Group Synergy

Group Synergy

Optima Optima

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NT$K

HEC Monthly Sales

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500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
1 2 3 4 5 6 7 8 9 10 11 12
2017 352,229 257,625 325,002 287,867 282,343 298,146 347,958 357,517 462,612
2016 402,150 228,152 420,460 316,959 264,645 262,987 267,743 324,136 411,100 322,958 314,198 398,007
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NT$K

HEC GROUP Monthly Sales

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800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
1 2 3 4 5 6 7 8 9 10 11 12
2017 597,128 480,012 628,498 536,013 531,404 565,302 597,383 619,763 715,652
2016 402,150 228,152 420,460 316,959 402,102 413,530 551,018 628,661 676,255 581,125 576,635 704,271
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	HEC	HEC						NT$K
				2017 1~3Q		2016 1~3Q		YoY%
		Net Revenue		2,845,082		2,609,163		9.0%
		COGS		2,377,433		2,306,574		3.1%
		Gross Profit		467,649		302,589		54.5%
		Operating Expenses		188,842		169,650		11.3%
		Operating Profit		278,807		132,939		109.7%
		Net Income		205,943		270,768		-23.9%
		After Tax EPS (NT$)		1.82		2.62
		GPM		16%		12%
		OPM		7%		7%
		Profit ratio		7%		10%

HEC GROUP

HEC GROUP NT$K
	2017 1~3Q	2016 1~3Q	YoY%
Net Revenue	5,283,535	4,091,183	29.1%
COGS	4,303,166	3,356,658	28.2%
Gross Profit	980,369	734,525	33.5%
OperatingExpenses	633,462	452,800	39.9%
OperatingProfit	346,907	281,725	23.1%
Net Income	248,184	275,420	-9.9%
Net Income Attributable to:
Shareholders of the Parent	205,943	270,768	-23.9%
After Tax EPS(NT$)	1.82	2.62
GPM	18%	18%
OPM	12%	11%
Profit ratio	5%	7%

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Group Revenue Share by Products	Group Revenue Share by Products
Products	%
PC Chassis	22%
Server Chassis	17%
Power Supply	23%
Medical Equipment	21%
Others	17%

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				Dividend Policy	Dividend Policy	Dividend Policy	Dividend Policy	Dividend Policy
		Year		EPS		Cash div		Div payout Ratio
		2016		3.81		2.2		58%
		2015		2.62		2		76%
		2014		2.06		2		97%
		2013		0.48		0.5		104%

Thank you. Q&A

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