HYC — Annual Report 2014

Jun 5, 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.

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Agenda

※
Corporate Profil

※Financial Review

※
Q&A

3 HSIN YUNG CHIEN CO.,LTD

Hsin Yung Chienwas 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 )

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

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Products Characteristics Product Application Heavy Duty Conveyor Flat Surface Gravel、Cement、Power plant、 Iron and Steel Speacialty Conveyor Heat Resistant、Oil Resistant、 Flame Resistant、Abrasion Resistant、Impact Resistance Iron and Mining Light Duty conveyor Diamond Belt、Rough Top Belt、 Straight Warp Conveyor Belt Airport、Automatic Production line、Textile、Shoes、 animalhusbandry、Agriculture Chevron Conveyor Type V、Type Y、Continuous V、 Diamond Belt inclined transportation Belt Types HSIN YUNG CHIEN CO.,LTD 5

Finacial Performance

In Thousand NTD

	2009	2010	2011	2012	2013	2014Q1
Net Sales	1,334,548	1,778,636	1,965,601	2,226,528	1,818,853	427,099
Gross Profit	308,905	418,607	518,547	699,626	623,659	141,176
Operating Income	174,182	241,075	366,815	526,070	481,144	105,453
Non- operating Income	20,022	94,232	33,230	14,782	31,901	24,746
Non- operating Expences	15,453	34,792	8,287	24,360	3,240	259
Income Before Tax	178,751	300,515	391,758	516,492	509,805	129,940
Net Income	151,099	264,538	370,480	459,369	436,713	107,850
EPS	3.01	4.64	6.06	7.46	7.11	1.76
HSIN YUNG CHIEN CO.,LTD 6

Sales Trend

In Thousand NTD

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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
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7 HSIN YUNG CHIEN CO.,LTD

Income Before Tax

In thousand NTD

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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
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8 HSIN YUNG CHIEN CO.,LTD

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Dividend
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
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9 HSIN YUNG CHIEN CO.,LTD

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