G-TECH — Annual Report 2020

Mar 29, 2021

G-TECH Optoelectronics Corporation

www.cioc.com.tw

Active markets and segments

Gtoc major milestones

Automotive market forecast

Trend of auto interior design & demand

atoc Gtoc 3D glass forming features Optoelectronics Con

Process flexibility in design / shaping

• Steps / Recesses / Protuberances / Openings
• Flat surfaces / Curved surfaces
• Free forms and geometries can be integrated

Wide range of glass substrate

Thickness from 0.33mm $\sim$ 40mm could be processed

Suitable for various glass material

With coefficient of thermal expansion (CTE) between 3.2 and 9.0 um/m*K; e.g.:

• Soda Lime Glass
• Aluminium silicate Glass

High preciseness

• $X,Y,Z$ direction: $\pm$ 0.15mm
• Thickness: $± 3%$

Gtoc 3D glass process development

gtoc Gtoc 3D glass for Auto applications toelectronics Corp

Fitness market demand forecast

Global notebook PC

Source: Channelnews, Omdia Mobile PC Market Tracker

atoc Gtoc in-house process technologies

Glass cover lens

Fech Optoelectronics Corp

2D / 2.5D / 3D Cover glass

02 AG spray

01

temperature Curing AG High spray solution for durable application

Inline / batch type sputtering machine that suitable for 2D/2.5D/3D cover glass

Painting / Decoration

Screening Printing / Pad Printing / Spray Painting / Decoration Film

05 Chem. strengthening

Suitable for thin glass

06 AF spray $WCA > 110$

Opto-electro glass & application developing cycle

atoc Tempering Optoelectronics Cor

Ilook System: Automaticlly detect the quality level by setting up tempering parameters Max Size:6000 mm x 2800mm Min Size: 250mm x 100mm Thickness:5~19mm

Quality advantage: $\bigstar$ warp $< 0.15%$ Waving $< 0.1\%$ , excellent reflection performance

Industrial standards: Japan (JISR3206) EC (EN572-1) Taiwan CNS 2217 \ 2218: warp < $0.5\%$ ; waving < $0.3\%$ China GB15763.2: warp< $0.3\%$ ; waving < $0.2\%$

Lamination

Advantage:

Glass transport by Floating transportation, It will escape from roller mark on glass suface , Automatically detect glass thickness.

Max Size: 2700mm x 5000mm

Min Size: 250mm x 100mm

版本 Ver1.11, 20141003 连建简制造課 Slone

Electrochromic glass smart window

Through smart window by taking active control to achieve :

• improving environment comfort and privacy level within buildings
• energy saving for building environment control
• enhancing the view from the window toward outdoor

Technologies of smart window applications :

• Photochromic
• Thermochromic
• Electrochromic
• fast response
• controllable transmittance
• image clarity
• anti glare

EC vs PDLC

EC glass applications (1/3)

EC glass applications (2/3)

EC glass applications (3/3)

Balance sheet :2020Y

Concise Balance Sheet(4 quarters)

The data is provided by G-TECH Optoelectronics Corporation Company (Listed company)

	Unit: NT\$ thousand
	2020/03/31	2020/06/30	2020/09/30	2020/12/31
Total current assets	1,322,809	1,230,514	1,575,055	1,448,489
Total non-current assets	2,318,223	2,244,861	2,174,723	2,598,802
Total assets	3,641,032	3,475,375	3,749,778	4,047,291
Total current liabilities	1,381,836	1,344,731	1,303,867	1,274,357
Total non-current liabilities	806,779	866,914	1,168,377	1,235,641
Total liabilities	2,188,615	2,211,645	2,472,244	2,509,998
Total Share Capital	2,063,936	2,063,936	2,063,936	2,063,936
Total Equity, Security Token Offer	-	-	-	-
Total capital surplus	40,528	15,958	15,958	16,711
Total retained earnings	-814,617	-975,968	-963,838	-1,019,793
Total other equity interest	162,570	159,804	161,478	476,439
Treasury shares	-	-	-	-
Total equity attributable to owners of parent	1,452,417	1,263,730	1,277,534	1,537,293
Equity attributable to former owner of business combination under common control	-	-	-	-
Non-controlling interests	-	-	-	-
Total equity	1,452,417	1,263,730	1,277,534	1,537,293
Number of share capital awaiting retirement	0	0	-	-
Equivalent issue shares of advance receipts for ordinary share	0	0	0	0
Number of shares in entity held by entity and by its subsidiaries	0	0	0	0
The Net Asset Value of Each Share	7.04	6.12	6.19	7.45

Income Statement:2020Y

	Unit: NT\$ thousand
	2020/03/31	2020/06/30	2020/09/30	2020/12/31
Total operating revenue	401,571	1,087,187	1,818,529	2,448,536
Total operating costs	430,022	1,120,885	1,813,984	2,457,634
Gains (losses) on initial recognition of biological assets and agricultural produce	-	-	-	-
Gain (losses) arising from change in fair value less costs to sell of biological asset	-	-	-	-
Gross profit (loss) from operations	-28,451	-33,698	4,545	-9,098
Unrealized profit (loss) from sales	-	-	-	-
Realized profit (loss) on from sales	-	-	-	-
Gross profit (loss) from operations	-28,451	-33,698	4,545	-9,098
Total operating expenses	49,379	255,717	308,504	427,528
Net other income (expenses)	-	-	-	-
Net operating income (loss)	-77,830	-289,415	-303,959	-436,626
Total non-operating income and expenses	14,453	40,117	66,791	146,107
Profit (loss) from continuing operations before tax	-63,377	-249,298	-237,168	-290,519
Total tax expense (income)	0	0	0	2,604
Profit (loss) from continuing operations	-63,377	-249,298	-237,168	-293,123
Total profit (loss) from discontinued operations	-	-	-	-
Profit (loss)	-63,377	-249,298	-237,168	-293,123
Other comprehensive income, net	-1,687	-4,453	-2,779	312,182
Total comprehensive income	-65,064	-253,751	-239,947	19,059
Profit (loss), attributable to owners of parent	-63,377	-249,298	-237,168	-293,123
Profit (loss), attributable to former owner of business combination under common control	-	-	-	-
Profit (loss), attributable to non-controlling interests	-	-	-	-
Comprehensive income, attributable to owners of parent	-65,064	-253,751	-239,947	19,059
Comprehensive income, attributable to former owner of business combination under common control	-	-	-	-
Comprehensive income, attributable to non-controlling interests	-	-	-	-
Total basic earnings per share	-0.31	-1.21	-1.15	-1.42

Financial Ratios:2016~2020Y

Thank You