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ECLAT Investor Presentation 2021

May 7, 2021

51833_rns_2021-05-07_ba97b693-7bc2-4f64-99e5-a896cf6a18fd.pdf

Investor Presentation

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Investor Conference Eclat Textile Co., Ltd 2021.05.07

Safe Harbor Notice

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  • 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.

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Contents

  • Company profile

  • Competitive advantage

  • Global strategy

  • Main products

  • Financial overview

  • Q&A

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Company Profile

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  • 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.

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Competitive Advantage

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  • 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.

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Global Strategy

New Taipei City, Taiwan

  • Headquarter

  • Fabric mill bases

Taiwan and Vietnam 2

  • Garment factories

Vietnam and Cambodia 17

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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)

  1. 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.

  1. Sub-Contractor monthly capacity 4,800,000 pieces

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Supply Chain

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raw material
knitting
dye and
finishing
garment
customers
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Fabric Products

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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

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Garment Products

Performance

Made with ecofriendly materials, organic & recycle polyester.

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Athleisure

Multi-function sportswear, from gym to street.

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Non- sew and welding Production both in Taiwan and Vietnam.

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Seamless

Design for the comfort.

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Customer Collaboration

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ODM

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Design research

Fabric development

Design sketch for yoga

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Design sketch for brands

End product

Design sketch for training

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Quality Control

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Four certified laboratories

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Certification

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bluesign

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ISO 14001
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nike

adidas

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Product Creative Center

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The process of P.C.C.

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2. Fabric development
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  1. Raw material - yarn

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3. Customized product design
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4. Pattern making
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5. Sampling - sewing
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6. Sampling - quality check
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Financial Overview

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NTD: million
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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.

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Financial Overview

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NTD: million

Jan. to Apr. 2020 vs Jan. to Apr. 2021

The operating revenue Year On Year

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2020/04 2021/04
11,378
7,668 7,502
5,389
3,710
2,113
Fabrics dept. sales Garments dept. sales Total sales
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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.

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Financial Overview

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NTD: million

Consolidated Gross Margin %

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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 (%)
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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

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Financial Overview

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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.

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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