AI assistant
FROCH — Investor Presentation 2021
Aug 30, 2021
Preview isn't available for this file type.
Download source file彰源企業股份有限公司?FROCH ENTERPRISE CO., LTD.
法人說明會
Institutional Investors Conference
Stan Shih - Spokesperson
2021/08/31
Disclaimer
The predictive information provided in this presentation, including operation prospects, financial situations, and business predictions, is integrated from internal data and external economic development situations.
The information in this presentation represents FROCH’s knowledge of the future based on the data of the present time. It does not explicitly nor implicitly express or guarantee such information’s accuracy or integrity or accountability. FROCH bears no responsibility for the updates or revisions of the information should any changes or adjustments be necessary in the future.
The actual future outcome of the company in terms of operation results, financial situations, and business results may differ from the predicative information in this presentation. The reasons include, but are not limited to, the changes in market demand, regulatory policies, the integrated economic situations, and other risk factors that are not within the control of the company.
COMPANY PROFILE
TAIWAN PLANT
Land Size:210,213㎡
Individual/Consolidated
Sales Revenue Percentage: 75.7% (2021 H1)
CHINA PLANT
Land Size:250,583 ㎡
Individual/Consolidated
Sales Revenue Percentage: 24.3% (2021 H1)
MATERIAL


SOURCE OF MATERIAL
CHINA PLANT:
100% DOMESTIC
TAIWAN PLANT:
62% DOMESTIC
38% IMPORTED
INDUSTRIAL PIPES

MECHANICAL TUBES



INDUSTRY PROPERTIES
Steel Making
Slab
Hot Rolled /
Cold Rolled
Froch Enterprise Co., Ltd.
Froch Enterprise Co., Ltd.
Sheets and Coils
Tubes and Pipes
Slitting, Surfacing, Sutting
Slitting, Piping, Annealing, Pickling
Construction
Material
Kitchenware
Pulp and Paper
Petrochemical
Foods
and Beverages
Transportation
Sewage and
Water Treatment
Medical
Equipment
Electronics
Machinery /
Fabrication
Electrical
INDUSTRIAL PIPES APPLICATIONS

Pulp and Paper


Foods and Beverages
Petrochemical
MECHANICAL TUBES APPLICATIONS
Fencing
Hand Railing



Escalators
STAINLESS STEEL SHEETS?APPLICATIONS


Bulletin Boards


Solar Panels
Elevators
OPERATIONAL BRIEFING – ?PRODUCT MIX SALES PERCENTAGE
| Tubes and Pipes | Sheets and Coils | Consolidated Turnover (in NT$ million) | |
|---|---|---|---|
| 2018 | 80.5% | 19.5% | 13,400 |
| 2019 | 79.9% | 20.1% | 11,980 |
| 2020 | 80.4% | 19.6% | 10,560 |
| 2021 H1 | 76.0% | 24.0% | 6,730 |
OPERATIONAL BRIEFING – ?SALES REGIONS PERCENTAGE
OPERATIONAL BRIEFING –
STAINLESS STEEL TUBES AND PIPES
Taiwan’s Stainless Steel Tubes and Pipes Consumption
2020
30.7%
2019
26.6%
…

2018
27.0%

OPERATIONAL BRIEFING –
STAINLESS STEEL TUBES AND PIPES
Taiwan’s Stainless Steel Tubes and Pipes Export Quantity
2019
34.7%

35.4%
2018
2020

CONSOLIDATED FINANCIAL?NUMBERS – LAST 3 YEARS
NT$ million
| YEAR? ITEMS | 2018 | 2019 | 2020 | 2021 H1 |
| --- | --- | --- | --- | --- |
| Sales | 13,400 | 11,980 | 10,560 | 6,730 |
| Gross Margin | 1,780 | 1,220 | 930 | 1,070 |
| Operating Profit | 940 | 490 | 230 | 580 |
| EPS | NT$1.97 | NT$0.94 | NT$0.38 | NT$1.44 |
CONSOLIDATED SALES AND PROFITS
2020 and 2021 H1
COMPETITIVE ADVANTAGE
- Comprehensive Product Range –
Satisfy Customers’ One-stop Shopping Needs



COMPETITIVE ADVANTAGE-QUALITY CERTIFICATIONS
- Advanced Technology among Competitors
1993:Froch was accredited with ISO-9001 by Lloyd’s
Register Quality Assurance.
1996:Froch was accredited with ISO-9001 by Bureau of Standards,
Metrology, and Inspections, Ministry of Economic Affairs.
1999:Froch was accredited with ISO-14001 by Lloyd’s Register
Quality Assurance.
2001:Quality Assurance Laboratory was accredited with ISO 17020
and ISO 17025
2005:Froch was accredited with LR Ship Building Approval.
2009:Froch was accredited with JIS by Japan Quality Assurance
Organization (JQA).
2018:Developing ISO-45001 Occupational Safety and Health
System.

COMPETITIVE ADVANTAGE
- Comprehensive Sales Networks
Thousands of customers domestically
Sales to more than 100 countries globally
