AI assistant
ECLAT — Investor Presentation 2021
May 7, 2021
51833_rns_2021-05-07_ba97b693-7bc2-4f64-99e5-a896cf6a18fd.pdf
Investor Presentation
Open in viewerOpens in your device viewer
Investor Conference Eclat Textile Co., Ltd 2021.05.07
Safe Harbor Notice
==> picture [82 x 24] intentionally omitted <==
-
The content and related information in this briefing report and the synchronous announcement are sourced from ECLAT ’ s inner and outer material, including the operation result, financial situation and the business development, et cetera.
-
No financial forecasting is released by ECLAT. Discrepancy may be existed between the actual result in the future and the estimated opinion to the company operation and business developing subjects indicated in this briefing report with respect to the financial, business and Q&A part. The causes of the discrepancy may include the variation of market needs, price fluctuation, competition activities, international economic situation, exchange rate fluctuation, upper and downer stream supply chain, and any other risk factors that beyond ECLAT ’ s control.
-
’
-
• The prospects to the future in this briefing report reflect ECLAT s vision of future. ECLAT is not responsible for any notification or update with regard to any change or adjustment to these prospects in the future.
2
eclat.com.tw
Contents
-
Company profile
-
Competitive advantage
-
Global strategy
-
Main products
-
Financial overview
-
Q&A
==> picture [82 x 24] intentionally omitted <==
==> picture [376 x 224] intentionally omitted <==
==> picture [376 x 235] intentionally omitted <==
----- Start of picture text -----
3
----- End of picture text -----
eclat.com.tw
Company Profile
==> picture [82 x 24] intentionally omitted <==
- Year of establishment
1977
- Capital
US$ 91,000,000 (TWD$ 2,744 million)
-
Chairman/CEO
-
C.H. Hung
-
Group employee
-
1,800 employees Taiwan ; 15,200 employees overseas
-
Status
-
Main products
IPO in Taiwan Stock Market, 2001 (1476-Taiwan) Provide the vertical integration supply chain including knitting, dyeing, finishing, and garment making.
Specialize in functional elastic circular knitting fabrics and garments for performance and sportswear.
4
eclat.com.tw
Competitive Advantage
==> picture [82 x 24] intentionally omitted <==
-
Global strategy to shorten the lead-time and strengthen competition.
-
R&D Technicians attend to the task to provide more than 3,000 new fabrics per year.
-
Quick response to produce 150 pieces of sample per day.
-
Deeply collaborative development with the first tier international brand and built up a strategy partner relationship with our customers.
-
Advantage of production economies of scale and Vertical integration.
5
eclat.com.tw
Global Strategy
New Taipei City, Taiwan
-
Headquarter
-
Fabric mill bases
Taiwan and Vietnam 2
- Garment factories
Vietnam and Cambodia 17
==> picture [82 x 24] intentionally omitted <==
==> picture [270 x 222] intentionally omitted <==
==> picture [270 x 237] intentionally omitted <==
6
eclat.com.tw
Vertical Integration
Monthly capacity 15,000,000 yards
• Fabric mill
Taiwan 8,000,000 yards/month
Vietnam 7,000,000 yards/month
Monthly capacity 10,000,000 pieces
• Garment factories (17 factories)
- Total monthly capacity 5,200,000 pieces
Vietnam Eclat Textile Co., Ltd (Vietnam). Colltex Garment Mfy Co., Ltd (VN). E-Top (Vietnam) Co., Ltd. Tai-Yuan Garments Co., Ltd. Cambodia Eclat Textile (Cambodia) Co., Ltd.
- Sub-Contractor monthly capacity 4,800,000 pieces
==> picture [82 x 24] intentionally omitted <==
Supply Chain
==> picture [157 x 309] intentionally omitted <==
----- Start of picture text -----
raw material
knitting
dye and
finishing
garment
customers
----- End of picture text -----
7
eclat.com.tw
Fabric Products
==> picture [82 x 24] intentionally omitted <==
Functional series Outdoor series Sustainable series Moisture Management Thermal control: warm & cool Tencel / Modal Rayon Anti-bacterial function Water proof & breathable Sorona & Apexa High compression Light weight knitting Organic cotton Lycra sport Wind block knitting Polypropylene Anti-pilling Knitting lamination Recycle fiber UV-cut Anti-snagging Soybean 3X dry UV-cut Sea cell
8
eclat.com.tw
Garment Products
Performance
Made with ecofriendly materials, organic & recycle polyester.
==> picture [86 x 120] intentionally omitted <==
==> picture [85 x 120] intentionally omitted <==
Athleisure
Multi-function sportswear, from gym to street.
==> picture [75 x 120] intentionally omitted <==
==> picture [67 x 120] intentionally omitted <==
Non- sew and welding Production both in Taiwan and Vietnam.
==> picture [42 x 119] intentionally omitted <==
==> picture [91 x 120] intentionally omitted <==
Seamless
Design for the comfort.
==> picture [84 x 118] intentionally omitted <==
==> picture [45 x 120] intentionally omitted <==
==> picture [82 x 24] intentionally omitted <==
eclat.com.tw
9
Customer Collaboration
==> picture [82 x 24] intentionally omitted <==
ODM
==> picture [161 x 100] intentionally omitted <==
==> picture [151 x 100] intentionally omitted <==
Design research
Fabric development
Design sketch for yoga
==> picture [249 x 117] intentionally omitted <==
==> picture [193 x 100] intentionally omitted <==
==> picture [58 x 100] intentionally omitted <==
Design sketch for brands
End product
Design sketch for training
==> picture [235 x 140] intentionally omitted <==
10
eclat.com.tw
Quality Control
==> picture [82 x 24] intentionally omitted <==
Four certified laboratories
==> picture [234 x 157] intentionally omitted <==
==> picture [234 x 156] intentionally omitted <==
==> picture [114 x 156] intentionally omitted <==
Certification
==> picture [108 x 152] intentionally omitted <==
==> picture [102 x 154] intentionally omitted <==
==> picture [121 x 87] intentionally omitted <==
==> picture [93 x 138] intentionally omitted <==
bluesign
==> picture [58 x 10] intentionally omitted <==
----- Start of picture text -----
ISO 14001
----- End of picture text -----
nike
adidas
eclat.com.tw
11
Product Creative Center
==> picture [82 x 24] intentionally omitted <==
The process of P.C.C.
==> picture [232 x 156] intentionally omitted <==
==> picture [120 x 12] intentionally omitted <==
----- Start of picture text -----
2. Fabric development
----- End of picture text -----
- Raw material - yarn
==> picture [217 x 156] intentionally omitted <==
==> picture [160 x 13] intentionally omitted <==
----- Start of picture text -----
3. Customized product design
----- End of picture text -----
==> picture [222 x 155] intentionally omitted <==
==> picture [229 x 155] intentionally omitted <==
==> picture [215 x 155] intentionally omitted <==
==> picture [95 x 12] intentionally omitted <==
----- Start of picture text -----
4. Pattern making
----- End of picture text -----
==> picture [115 x 12] intentionally omitted <==
----- Start of picture text -----
5. Sampling - sewing
----- End of picture text -----
==> picture [144 x 12] intentionally omitted <==
----- Start of picture text -----
6. Sampling - quality check
----- End of picture text -----
eclat.com.tw
12
Financial Overview
==> picture [82 x 24] intentionally omitted <==
==> picture [81 x 11] intentionally omitted <==
----- Start of picture text -----
NTD: million
----- End of picture text -----
| NTD: million | NTD: million | NTD: million | NTD: million | NTD: million | NTD: million | |
|---|---|---|---|---|---|---|
| 7,354 8,161 8,573 8,032 3,710 16,878 19,417 19,552 20,143 7,668 24,232 27,578 28,125 28,175 11,378 2017 2018 2019 2020 2021/04 Fabrics Garments Total Revenue |
||||||
| Year | 2017 | 2018 | 2019 | 2020 | 2021/04 | |
| Fabrics | 7,354 | 8,161 | 8,573 | 8,032 | 3,710 | |
| Garments | 16,878 | 19,417 | 19,552 | 20,143 | 7,668 | |
| Total Revenue | 24,232 | 27,578 | 28,125 | 28,175 | 11,378 | |
| Growth rate(%) | -1.20% | 13.81% | 1.98% | 0.18% | 51.67% |
✼ The period is from Jan. to Apr. 2021.
13
eclat.com.tw
Financial Overview
==> picture [82 x 24] intentionally omitted <==
NTD: million
Jan. to Apr. 2020 vs Jan. to Apr. 2021
The operating revenue Year On Year
==> picture [439 x 204] intentionally omitted <==
----- Start of picture text -----
2020/04 2021/04
11,378
7,668 7,502
5,389
3,710
2,113
Fabrics dept. sales Garments dept. sales Total sales
----- End of picture text -----
| Year/Month | Fabric dept. sales | Garment dept. sales | Total sales |
|---|---|---|---|
| 2020/04* | 2,113 | 5,389 | 7,502 |
| 2021/04* | 3,710 | 7,668 | 11,378 |
| YoY | 75.58% | 42.29% | 51.67% |
✼ The period is from Jan. to Apr.
14
eclat.com.tw
Financial Overview
==> picture [82 x 24] intentionally omitted <==
NTD: million
Consolidated Gross Margin %
==> picture [398 x 192] intentionally omitted <==
----- Start of picture text -----
28.82% 28.85% 28.67% 28.64%
27.51%
7,948 8,114 8,079
6,666
2,354
2017 2018 2019 2020 2021Q1
Operating profit (NT: million) Gross margin (%)
----- End of picture text -----
| Year | 2017 | 2018 | 2019 | 2020 | 2021Q1 |
|---|---|---|---|---|---|
| Consolidated Gross Margin (%) | 27.51% | 28.82% | 28.85% | 28.67% | 28.64% |
| Consolidated Operating Profit | 6,666 | 7,948 | 8,114 | 8,079 | 2,354 |
15
eclat.com.tw
Financial Overview
==> picture [82 x 24] intentionally omitted <==
Unit: NTD
| 11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
11.12 15.96 15.67 15.51 4.95 Earnings Per Share |
|
|---|---|---|---|---|---|---|
| 2017 2018 2019 2020 2021Q1 |
||||||
| Year | 2017 | 2018 | 2019 | 2020* | 2021Q1 | |
| Net income (NTD: million) | 3,052 | 4,380 | 4,299 | 4,255 | 1,358 | |
| Earnings Per Share (NTD) | 11.12 | 15.96 | 15.67 | 15.51 | 4.95 | |
| Cash dividends Per Share (NTD) | 9.5 | 11.0 | 11.0 | 11.0 | NA |
- 2020 profit distribution proposal is only approved by BOD and unratified by shareholders' meeting.
16
eclat.com.tw
Thank you Q&A
Eclat Textile Co. Ltd
Head Office: 28, Wu Chuan rd., Wu Ku district, New Taipei City, Taiwan + 886-2-2299-6000 [email protected] eclat.com.tw