GLOBAL PMX — Interim / Quarterly Report 2017

Jun 22, 2017

(4551)

==> picture [56 x 41] intentionally omitted <==

●http://www.global.com.tw/

• The information contained in this document wasn’t verified by an

• Global PMX CO. has no obligation to notify you of any updates after a

==> picture [56 x 41] intentionally omitted <==

Contents

==> picture [38 x 38] intentionally omitted <==

==> picture [38 x 38] intentionally omitted <==

Business Status

==> picture [38 x 38] intentionally omitted <==

==> picture [38 x 38] intentionally omitted <==

==> picture [38 x 38] intentionally omitted <==

Automotive new product

==> picture [38 x 38] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

ABOUT

Since CEO Capital

Business

Employee (2017.03.31) HQ

==> picture [248 x 135] intentionally omitted <==

==> picture [248 x 153] intentionally omitted <==

	ZJ, China	DG, China	HQ, Taipei
Employee(2017.03.31)	595	674	59
Capacity ( 2017/1Q)	518,063	369,939	0
Sales %	55.09%	39.34%	0%

==> picture [56 x 41] intentionally omitted <==

BUSINESS STATUS

	Y2014	Y2014	Y2015	Y2015	Y2016	Y2016	Y2017/1Q	Y2017/1Q
		%		%		%		%
Gross Sales	2,794,909	100.00%	3,066,201	100.00%	3,527,332	100.00%	940,421	100.00%
Cost of Goods Sold	2,078,434	74.36%	2,364,927	77.13%	2,491,000	70.62%	631,351	67.13%
Gross Profit	716,475	25.64%	701,274	22.87%	1,036,332	29.38%	309,070	32.87%
Operating Expense	294,519	10.54%	297,727	9.71%	319,398	10.00%	68,172	7.25%
Operating Profit	421,956	15.10%	403,547	13.16%	716,934	19.38%	240,898	25.62%
Non-Operating Income (Expense)	25,814	0.92%	(25,477)	(0.83%)	(33,165)	(0.94%)	(56,770)	6.04%
Pre-Tax Income	447,770	16.02%	378,070	12.33%	683,769	19.38%	184,128	19.58%
Income Tax	(127,883)	(4.58%)	(86,522)	(2.82%)	(196,023)	(5.56%)	(58,026)	6.17%
Net Income	319,887	11.45%	291,548	9.51%	487,746	13.83%	126,102	13.41%
EPS (NTD)	4.27		3.74		5.96		1.54

==> picture [56 x 41] intentionally omitted <==

BUSINESS STATUS

==> picture [685 x 407] intentionally omitted <==

----- Start of picture text -----

10.00 80.00%
9.32 9.40
8.45 8.80 8.71
9.00 8.32
70.00%
68.25%
8.00 7.71 7.43 61.69% 7.20 63.50% 62.32% 61.78% 64.49% 66.52%
60.00%
57.66%
7.00 56.18%
50.00%
6.00
5.00 40.00%
4.00 31.06% 32.87%
23.75% 30.00%
28.83% [30.13% ]
27.35%
3.00 24.27% 24.28%
20.00%
19.18%
2.00 2.06 1.54
1.38
1.27 1.25 13.65%
1.01 1.08 1.00
1.00 0.65 9.65% 9.91% 8.05% 10.61% 8.04% 9.05% 10.00%
7.02% 7.19%
0.00 0.00%
2015/1Q 2015/2Q 2015/3Q 2015/4Q 2016/1Q 2016/2Q 2016/3Q 2016/4Q 2017/1Q
Revenue EPS Gross Margin Automotive Medical
----- End of picture text -----

==> picture [56 x 41] intentionally omitted <==

BUSINESS FOCUS

==> picture [217 x 171] intentionally omitted <==

----- Start of picture text -----

Auto-,
64.29%
----- End of picture text -----

==> picture [177 x 156] intentionally omitted <==

----- Start of picture text -----

9.29%
Auto-
59.88
%
e
----- End of picture text -----

==> picture [241 x 228] intentionally omitted <==

----- Start of picture text -----

4.83%
Med.,
13.64%
Auto-,
66.54%
----- End of picture text -----

	Auto	Auto	Storage	Storage	Medical	Medical	Others	Others	Total	Total
	Shipment	%	Shipment	%	Shipment	%	Shipment	%	Shipment	%
2015	1,835,910	59.88	680,690	22.2	264,840	8.64	284,761	9.29	3,066,201	100
2016	2,267,782	64.29	717,902	20.35	307,326	8.71	234,322	6.64	3,527,332	100
2017/ 1Q	625,792	66.54	140,999	14.99	128,282	13.64	45,348	4.83	940,421	100
Units： Thousand dollars；％ 7 GLOBAL PMX CO., LTD.

AUTO CUSTOMERS

Major
Revenue share(%)	Y2017/1Q：22% Y2016：25% Y2015：24% Y2014：22% Y2013：21%	Y2017/1Q:19% Y2016：17% Y2015：14% Y2014：12% Y2013：9%	Y2017/1Q：4% Y2016：3% Y2015：5% Y2014：6% Y2013：3%	Y2017/1Q：5% Y2016：5% Y2015：4% Y2014：4% Y2013：3%	Y2017/1Q：7% Y2016：5% Y2015：1.5% Y2014：1% Y2013：0
Products IN -	ABS、ESC、High- Pressure Pump、 Turbo Charger、 Petrol Engine	High-pressure pump、Common Rail、Turbo Charger、More Diesel and Petrol Engine	Diesel Pump Head、 Body、Engine components	High Pressure Pump、More diesel and Petrol Engine	Star-Stop System、 Dual Clutch、 Transmission/ System、DCT
Brands Depots	Ferrari、Porsche、 Bentley、Audi、 Mercedes-Benz…so on	Ferrari、Porsche、 VW、GM、 Ford…so on	Navistar、VW、 Dodge、 Toyota…so on	Audi、Ford、GM、 VW、Volvo…so on	Ford、Volvo、VW、 Mercedes- Benz…so on

==> picture [56 x 41] intentionally omitted <==

AUTOMOTIVE MAJOR NEW TREND

Products	High Pressure Pump	ABS/ESC Valve Body	DCT/CVT
Clients	BOSCH、Continental、 Delphi、Magneti Marelli	Continental、Delphi、TRW	BorgWarner
Application	GDI	ABS/ ESC	Transmission system
% Of revenue	10%~12%	~20%	2017 H2 - SOP
Lifecycle	8 years per model	8 years per model	8 years per model
Brands Depots	Ferrari、Porsche、McLaren、 Bentley、BMW、Mercedes- Benz…so on.	BMW、Audi、VW、Volvo、 GM、Ford、…so on.	BMW、Audi、VW、 Nissan…so on.

==> picture [56 x 41] intentionally omitted <==

AUTOMOTIVE NEW PRODUCTS-DCT

==> picture [358 x 222] intentionally omitted <==

==> picture [315 x 199] intentionally omitted <==

Products	Dual-Clutch Transmission(DCT)
Application	Energy saving and Carbon Reduction, smoother shifting
By	BorgWarner
Brands	BMW、Audi、VW、Ford、Nissan、BYD…so on

==> picture [56 x 41] intentionally omitted <==

DCT MARKETING TREND

==> picture [657 x 367] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

WHAT ADAS ESC BODY FOR?

==> picture [453 x 277] intentionally omitted <==

==> picture [234 x 280] intentionally omitted <==

Product	ABS/ESC
Application	Electronic Stability Control System
By	Continental、Delphi、TRW
Brands	BMW、Mercedes-Benz、Audi、VW、Ford、GM…

==> picture [56 x 41] intentionally omitted <==

VISION IN ESC

‧ South Korea mandatory install ESC as of Jan. 2012 for all new light vehicles.

2012

‧ EU mandatory install ESC and TPMS as of Nov. 2014 for new vehicles.

‧ 、 Japan Turkey mandatory install ESC mandatory as of Oct. 2014 for all new passenger cars.

2014

‧ Taiwan mandatory install ESC as of 2018 for all new vehicles.

2018

==> picture [682 x 34] intentionally omitted <==

2011

‧ EU mandatory install ABS as of Nov. 2011 for all new passenger cars ‧ 、 USA Canada mandatory install ESC since 2011 for all new light vehicles.

2015

‧ Australia

mandatory install ESC and ABS as of Nov. 2015 for all new light vehicles.

2016

‧ Russia mandatory install ESC and TPMS as of Jan. 2016 for all new light vehicles.

‧ 、 USA Malaysia mandatory install ESC as of Jan. 2016 for all new light vehicles.

After 2020

‧ 、 Brazil Argentina mandatory install ESC as of Jan. 2020 for all new light vehicles.

‧ USA mandatory install ESC as of Sep. 2022 for all new light vehicles.

==> picture [56 x 41] intentionally omitted <==

ESC MARKET TREND

==> picture [591 x 418] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

GDI MARKET TREND

==> picture [643 x 358] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

GDI MARKET TREND

==> picture [720 x 391] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

GDI MARKET TREND

==> picture [719 x 405] intentionally omitted <==

==> picture [56 x 41] intentionally omitted <==

Thank you

Q&A

==> picture [56 x 41] intentionally omitted <==

18

GLOBAL PMX CO., LTD.