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HK Interim / Quarterly Report 2017

Sep 20, 2017

51886_rns_2017-09-20_844fd609-4450-45ef-ba51-ccdd3ff7cd93.pdf

Interim / Quarterly Report

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Stock Cord:1618

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Conscience・Perpetual・
Honesty・Steady
2017.9.20

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In addition to historical information, this note contains forward-looking statements and is therefore subject to risks and uncertainties.。The information provided in this presentation will not be updated by any new status 。The Company does not express, implied or warrant that the information provided in this presentation is complete and does not represent a complete discussion of the Company's business conditions and subsequent significant operational developments.。

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三
四
•
Company Profile
•
Sales & Marketing
•
Competitive Advantages

• Financial Performance • Market and Business Outlook

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•
Company Profile
一
•
Sales & Marketing
二
•
Competitive Advantages
三
•
Financial Performance
四
•
Market and Business Outlook
五

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Stock Code:1618
Historical:1989-Established in 1989
Milestone
 : 1997-15KV、25KV cable approved by TPC
          1998-Stocks published
          2000-Listed on the Taiwan Stock Exchange
          2002-69KV、161KV EHV cable approved by TPC
              -got approval of ISO-9001
          2009-345KV EHV cable approved by TPC

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Chairman: P.C.Yang(SOL YOUNG ENTERPRISE CO.,LTD Representive) Capital: NT$ 2,408,646,840 Employees:262(2017/06/30) Products: (1)Manufacturing of Wires and cables (PVC wire, Data cable 、Aluminum Conductor 、FO cable、XLPE power cable up to 345KV) (2) Transmission line Turnkey project (3) Cable accessory and terminator

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Taipei office: Sales and
financial dept.
(Add: 19F, No. 85, Sec.1 Chung
Hsiao E. Road, Taipei)
Factory:R&D、QC and QA、
         Manufacture

(Add:No.32, Jingjian 5th Rd., Guanyin Dist., Taoyuan )

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•
Company Profile
一
•
Sales & Marketing
二
•
Competitive Advantages
三
•
Financial Performance
四
•
Market and Business Outlook
五

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Product Line

PVC wire
2015(274,532 Thousands)
2016(295,661 Thousands)
Aluminum Cable
2015( 83,518 Thousands)
2016(160,324 Thousands)
XLPE Power Cable
&
 Services Revenue
2015(1,283,679 Thousands)
2016(  946,732 Thousands)

Application

General building wire,
factory/industrial wiring
and control cable。
Overhead transmission
line
Underground Transmission
line

Sample

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Product Line Application Sample
Lan Cable
104(439,866 Thousands) Various Data cable。
105(318,537 Thousands)
Fiber Optic Cable Optic Telecom Fixed
104( 50,577 Thousands)
Networking。
105( 62,188 Thousands)
Accessories
Overhead and
&
Others Underground
104(182,247 Thousands) Transmission line
105(185,981 Thousands)

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0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
2.5%
3.1%
5.2%
7.8%
10.1%
3.4%
11.5%
9.5%
37.8%
21.4%
36.0%
26.1%
21.7%
39.4%
36.9%
15.5%
18.0%
9.3%
25.9%
11.5%
16.7%
14.7%
20.8%
13.5%
22.9%
46.6%
1.3%
33.3%
29.3%
3.1%
2.4%
35.3%
3.1%
12.5%
9.7%
6.3%
3.1%
19.7%
2.7%
6.2%
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire

2.4%
3.1%
12.5%
9.7%
6.3%
3.1%
197%
6.2%
22.9%
1.3%
29.3%

.
25.9%
20.8%
33.3%
3.1%
35.3%
18.0%
14.7%
46.6%
11.5%
16.7%
36.0%

36.9%

13.5%
37.8%
26.1%
21.7%
39.4%
15.5%
9.3%
5.2%
101%
11.5%

214%


2.5%
7.8%
.
3.4%
9.5%
.
12.5%
6.3%
19.6%
11.6%
15.4%
16.4%
18.1%
14.2%
3.1%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
17.6%
11.9%
15.0%
15.6%
7.7%
3.6%
8.1%
10.2%
22.2%
24.4%
30.0%
23.0%
22.5%
19.0%
16.2%
16.1%
6.7%
2.2%
3.2%
6.5%
6.3%
31.1%
18.1%
23.7%
17.0%
7.9%
9.4%
4.9%
2014
2015
2016
2017Q2
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
318,563
274,533
295,661
170,384
139,692
83,518
160,324
70,981
401,215
564,758
590,981
251,286
406,519
439,866
318,537
175,493
120,857
50,577
62,188
70,981
113,443
718,921
355,751
259,061
307,331
182,247
185,980
53,932
2014
2015
2016
2017Q2
Others(Accessories)
Services Revenue
Fiber Optic Cable
Lan Cable
XLPE Power Cable
Aluminum Cable
PVC wire
Total
NT$1,969,422
THOUSANDS
(Gross Profit 6.85%)
Total
NT$1,092,171
THOUSANDS
(Gross Profit
10.58%)
Total
NT$1,807,620
THOUSANDS
(Gross Profit 0.93%)
Total
NT$2,314,420
THOUSANDS
(Gross Profit 9.11%)

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•
Company Profile
一
•
Sales & Marketing
二
•
Competitive Advantages
三
•
Financial Performance
四
•
Market and Business Outlook
五

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  • World-class production quality and inspection equipment 。

Access to domestic and foreign certification, product range, in line with Taiwan and Europe and the United States around the standard standards 。Strong unity turnkey integration capabilities, and a wealth of turnkey performance 。Continuous product development, and leading peer production technology 。Combined with group resources and diversified development 。Sound Corporate Governance System and Talent Cultivation 。

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•
Company Profile
一
•
Sales & Marketing
二
•
Competitive Advantages
三
•
Financial Performance
四
•
Market and Business Outlook
五

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In NT$ Thousands

2017Q2 2016Q2
Operating income 1,092,171
100%

1,052,296

100%
Operating costs 976,574
89%

970,877

92%
Gross profit from operations 115,597
11%

81,419

8%
Total operating expenses 51,883
5%

47,179

5%
Profit from Operations 63,714
6%

34,240
3%
Non-Operating Income 11,858
1%

15,423

2%
Profit Before Income Tax 75,572
7%

49,663
5%
Income Tax Expense 15,052
1%

6,645

1%
Net Profit for the Period 60,520
6%

43,018
4%
Basic EPS 0.25 0.18

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In NT$ Thousands

2016 2015
Operating income 1,969,422
100%

2,314,420

100%
Operating costs 1,843,473
93%

2,103,684

91%
Gross profit from operations
134,949

7%

210,736

9%
Total operating expenses 95,686
5%

106,665

4%
Profit from Operations 39,263
2%

104,071

5%
Non-Operating Income 23,007
1%

22,186

1%
Profit Before Income Tax 62,270
3%

126,257

6%
Income Tax Expense 8,583
-

18,463

1%
Net Profit for the Period 53,687
3%

107,794

5%
Basic EPS 0.22 0.45

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In NT$ Thousands
2017/06/30 2016/06/30
Cash and cash equivalents 877,027
20%

737,861

17%
Other Current Assets 1,394,,212
32%

1,547,028

35%
Total Current Assets
2,271,239
52%

2,284,889

52%
Net Fixed Assets 1,568,131
36%

1,588,677

37%
Other non-current Assets
527,571
12%

515,474

11%
Total Assets 4,366,941
100%

4,389,040

100%
Total Liabilities
389,488
9%

428,016

10%
Ordinary shares
Capital surplus
2,984,802
68%

3,057,062

70%
Retained Earnings
1,218,384
28%

1,154,882

26%
Other Equity
(225,733)



(5%)


(250,920)


(6%)
Total Equity
3,977,453
91%

3,961,024

90%
Net Value NT$ 16.51
Net Value NT$ 16.45
In NT$ Thousands
2016/12/31 2015/12/31
Cash and cash equivalents 825,921
20%

509,593

12%
Other Current Assets 1,290,337
30%

1,697,091

39%
Total Current Assets
2,116,258
50%

2,206,684

51%
Net Fixed Assets 1,599,606
38%

1,620,997

38%
Other non-current Assets
508,762
12%

514,493

11%
Total Assets 4,224,626
100%

4,342,174
100%
Total Liabilities
250,931
6%

348,952

8%
Ordinary shares
Capital surplus
3,057,062
72%

3,057,062

70%
Retained Earnings
1,157,864
28%

1,196,167

28%
Other Equity
(241,231)


(6%)


(260,007)



(6%)
Total Equity
3,973,695
94%

3,993,222

92%
Net Value NT$ 16.5 Net Value NT$ 16.58

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

1.19
1.2
1
0.8
0.6 0.5 EPS(NTD)
0.45
0.35
0.4 0.3 Cash Dividend
0.22
0.2
(NTD)
0.2
-0.27
-0.06
0
0
2012 2013 2014 2015 2016
-0.2
-0.4
----- End of picture text -----

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•
Company Profile
一
•
Sales & Marketing
二
•
Competitive Advantages
三
•
Financial Performance
四
•
Market and Business Outlook
五

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  • The government is still actively promoting the public works, and the domestic demand for electricity and telecommunications construction continues to grow, is expected to help our operations。

  • In recent years, new products will be developed to complete, including a new generation of overhead cable, USB 3.1 TYPE C, etc., will contribute to future revenue 。

  • Play an existing advantage, continuous layout of domestic and international power system turnkey project, deep plowing domestic markets and expand overseas emerging markets 。

  • In response to changes in the environment at domestic and abroad, to strengthen control of operating costs and reduce operational risk, to create revenue growth 。

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Contact Information
TEL:(02)2395-6603
http://www.hold-key.com.tw

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