HYC — Annual Report 2014

Sep 10, 2014

H SIN Y UAN C HIEN CO., LTD.

1

HSIEN YUNG CHIENG CO.,LTD

Disclaimer

Hsin Yung Chien Corporation’s statements of its current
expectations and estimates are forward-looking
statements subject to significant known and unknown
risks and uncertainties and actual results may differ
materially from those contained or implied in the
forward looking statements. These forwardlooking
statements are not guarantees of future performance and
therefore you should not place undue reliance on them.
Except as required by law, we undertake no obligation to
update any forward-looking statements, whether as a
result of new information, future events, or otherwise.

2

Agenda

※ Corporate Profil

※ Financial Review

※ Q&A

3 HSIN YUNG CHIEN CO.,LTD

Hsin Yung Chien was established in
1968 in Nantou, Taiwan. Currently HYC is
the biggest manufacturer in producing
rubber conveyor belts in Taiwan and keeps
on developing new equipments and renewing
production procedure. HYC also has passed
through ISO9001 and ISO14000 certificate
and product lines include light and heavy-
duty conveyor belts in wide range of
application such as mining, steel,
aviation, agriculture, logistics and pier
automatic production line by "KING" brand
in global market.

"Silieet", the silicon high polymer
product line is complete and the R & D
team is with rich experience to meet
customers' demand in full range quickly.
The traditional production mode and
method is replaced by the latest
process technology and automatic
equipment to supply high value-added
services and excellent quality for
market differentiation in global
market.

COMPANY PROFILE

Area ：47,850  Square Meter,
 Heavy Duty Belt Factory I&IV
 Light Duty Belt(Factory Factory II)
 Industrial Fabric & high polymer
   products (FactoryIII )

==> picture [307 x 142] intentionally omitted <==

Introduction Video
-
http://www.hycking.com/en/video.html

4

Belt Types

Products Characteristics Product Application Heavy Duty Conveyor Flat Surface Gravel、Cement、Power plant、 Iron and Steel Light Duty conveyor Diamond Belt、Rough Top Belt、 Straight Warp Conveyor Belt Airport、Automatic Production line、Textile、Shoes、 animalhusbandry、Agriculture Others Heat Resistant、Oil Resistant、 Flame Resistant、Abrasion Resistant、Impact Resistance、 Type V、Type Y、Continuous V、 Diamond Belt Iron and Mining、 inclined transportation

5

HSIN YUNG CHIEN CO.,LTD

Finacial Performance

In Thousand NTD

	2009	2010	2011	2012	2013	1H2014
Net Sales	1,334,548	1,778,636	1,965,601	2,226,528	1,818,853	967,858
Gross Profit	308,905	418,607	518,547	699,626	623,659	330,576
Operating Income	174,182	241,075	366,815	526,070	481,144	256,518
Non- operating Income	20,022	94,232	33,230	14,782	31,901	15,679
Non- operating Expences	15,453	34,792	8,287	24,360	3,240	661
Income Before Tax	178,751	300,515	391,758	516,492	509,805	271,536
Net Income	151,099	264,538	370,480	459,369	436,713	222,933
EPS	3.01	4.64	6.06	7.46	7.11	3.63

6

HSIN YUNG CHIEN CO.,LTD

In Thousand NTD

Sales Trend

==> picture [554 x 347] intentionally omitted <==

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

2,500,000
2,226,529
1,965,601
1,784,991
1,914,622
2,000,000 1,818,853
1,778,636
1,603,631
1,500,000 1,293,133 1,334,548
1,098,846
1,000,000
500,000
0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
----- End of picture text -----

7

HSIN YUNG CHIEN CO.,LTD

Income Before Tax

In thousand NTD

600,000

516,492 509,805

500,000

391,758

400,000

300,515

300,000

229,307 229,231 178,751 173,481 200,000 158,169 77,072 100,000 19,775 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

8

HSIN YUNG CHIEN CO.,LTD

Dividend

==> picture [598 x 336] intentionally omitted <==

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

8 EPS
% 7.46
7.11
7
6.06 Cash
6
Dividend
5 5
4.64
5 Stock
4
Dividend
4
3
3.01
3
2 1.5
1
1
1
0
0 0
0
2009 2010 2011 2012 2013
----- End of picture text -----

9

HSIN YUNG CHIEN CO.,LTD

==> picture [720 x 232] intentionally omitted <==

10