HYC — Investor Presentation 2018

Oct 23, 2018

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鑫永銓股份有限公司 法人說明會 2018.10.23

發言人：胡美惠特助

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簡報大綱

一、公司概況
二、橡膠產品介紹
三、經營實績
四、鑫複材產品介紹
五、意見交流

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一、公司概述

鑫永銓 成立於1964年，目前為台灣最大的橡膠輸送帶生產廠商，鑫永銓一直持續投入新進設
備與製程創新，目前已通過ISO 9001 、 ISO 14001 及OHSAS 18001之認證，且以「KING王牌」行
銷全球，產品線含蓋輕型及重型輸送帶，應用領域廣範，如礦業、鋼鐵、航空、農業、物流業、
碼頭及自動化生產線等。「NEWsheet鑫複材」高分子材產品線齊全，R&D 團隊經驗豐富，可快速
滿足客戶全方位之需求，以最新製程技術及自動化設備，取代傳統的生產模式與製造方法，並以
高附加價值的服務及優異的品質，做為市場區隔行銷全球。

 廠房面積：47,850 平方米
輸送帶廠(一、二、四廠)
工業用布廠、 鑫複材(三廠)

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廠址：台灣南投市南崗工業區南崗三路294號
TEL:+886492263888    FAX:+886492263168

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公司沿革

1978 1980 1985 1994 1995
1964
新永全工業 現任董事長 遷廠至 取得ISO9001
取得CNS正字 五年投資計劃
創立於 林季進接任 臺灣.南投 國際品保認證
標記認證 推廣芳綸(kevlar)
臺灣.台中
輸送帶
1996 2000 2002 2003 2004 2005
榮獲 榮獲 榮獲標竿企業獎 更名為鑫永銓 公司股票
榮獲第十四屆
第四屆 第二屆小巨人獎 、及榮獲 興櫃掛牌
綠美化冠軍 國家磐石獎
傑出中小企業獎 第一屆金根獎 代號:2114
中小企業金質獎
2006 2007 2008 2010 2011 2012
興建完成第四廠 產品榮獲
公司股票上櫃 興建完成 公司正式櫃轉市
取得 紐倫堡發明獎 增設鋼索輸送帶及
及興建 新一廠及 投入高分子材料
ISO14001 金銀牌肯定 橡皮壩設備
自動倉儲系統 工業用布廠 應用產業
國際環保認證 工業精銳獎
2013
2009~2012 8 2014~2023 獲選為第一屆
中堅企業重點輔導
對象

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廠區圖示

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工業用布廠
總廠區坪數15,700 鑫複材產品
( 三廠 )
輸送帶
及橡膠製品廠
( 二廠 )
輸送帶
輸送帶
及橡膠製品
及橡膠製
廠 ( 四廠 )
品廠 ( 一廠 )
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公司環境

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二、橡膠產品介紹

產品內容	應用領域
平面輸送帶 、鋼索輸送帶	砂石場、水泥廠、發電廠、鋼鐵廠
花紋輸送帶、物流輸送帶 、齒型輸送帶	物流中心、電子業、紡織業、畜牧業、 製鞋業、農產品運輸業 、傾斜輸送的場所
耐熱、耐油、耐燃、耐衝擊、 耐切割輸送帶、	肥料廠、高溫環境輸送、煤礦場、尖銳承 載物
橡皮壩	水資源、環保、環境美化、親水公園、 保障下游人員財產安全

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輸送帶應用(礦業)

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石 輸送帶應用(採石/碎 )

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輸送帶應用 (工業)

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輸送帶應用(農業、運輸)

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輸送帶應用(多功能)

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畜牧 水壩
騎
術
訓
練
場
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橡皮壩設備

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橡皮壩輸送帶設備:
可生產寬幅12M，無限長之大尺寸橡膠產品，產品可
製作：
橡皮壩、各類橡膠大型墊片(如船上甲板墊)

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財務績效

	2013	2014	2015	2016	2017	2018.1H
營業收入	1,818,853	2,155,189	1,832,109	1,561,379	1,633,863	885,803
營業毛利	623,805	727,740	643,033	597,962	579,888	307,133
毛利率(%)	34%	34%	35%	38%	35%	35%
營業利益	480,219	561,495	481,687	455,299	444,512	234,981
營業外收 入及支出	29,586	39,835	35,487	(25,904)	(36,132)	7,991
稅前淨利	509,805	601,330	517,174	429,395	408,380	242,972
本期淨利	436,713	495,510	418,219	350,227	338,923	199,758
基本每股盈餘 -稅後	7.11	7.34	6.20	5.19	5.02	2.96

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營收趨勢

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2,500,000
2,226,529
2,155,189
1,965,601
2,000,000
1,818,853 1,832,109
1,778,636
[1,633,863]
1,561,379
1,500,000
1,000,000
500,000
0
2010 2011 2012 2013 2014 2015 2016 2017
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稅前淨利

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700,000
601,330
600,000
516,492 517,174
500,000
429,395
509,805 408,380
391,758
400,000
300,515
300,000
200,000
100,000
0
2010 2011 2012 2013 2014 2015 2016 2017
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人 歷年每 每年產值

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人 歷年每 每年貢獻

0 500 1000 1500 2000 2500 3000 3500 4000	1960 2786 3393 3284 3591 3035 2847 2648 135 133 135 133 138 138 123 128 100 120 140 2010 2011 2012 2013 2014 2015 2016 2017 每人稅後淨利 員工人數 單位:仟元

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股利分派

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EPS
8
元 7.46
7.34
7.11
分派-現金
7
6.2 分派-股票
6.06
6
5.19
5 5 5 5 5 5.02
5 5
4.64
4
4
3
3
2
1
1
0 0
0 0 0 0 0
0
2010 2011 2012 2013 2014 2015 2016 2017
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四、 鑫複材產品介紹

• 主要產品分類為： 1.環保電子級 ：2011年獲得63rd 熱壓緩衝墊 德國紐倫堡國際發明展金牌

2.鑫複材產品系列

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1.電子級熱壓緩衝墊

結合了50年的製程技術及膠料研發，開
發出穩定、可管理、重複使用的緩衝墊。

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20
棵
兩片緩衝墊可取代 製造出
1 噸的牛皮紙用量 1 噸牛皮紙
3000公升
100
桶
中華民國專利
新型第 M551128
新型第 M551122
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1.電子級熱壓緩衝墊

長期以來印刷電路板壓合製程大量 使用牛皮紙，不僅影響  廠房的潔淨度  氣味難聞  浪費庫存空間  浪費搬運  抽取管理的困擾

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1.電子級熱壓緩衝墊

產品優勢

• 側邊封邊處理，可透氣，防潮，不掉屑

 二維條碼管理次數  輕量化，比競爭對手輕量40%  高壽命，CCL-500次，PCB-300次  可饒曲，強韌  可自動化

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2.鑫複材產品

• 產業環境競爭

• • 綠色循環經濟 趨勢與限制

• 新興國家廉價 勞力

• 產業缺工與價 值創造

國際新材料發展趨勢

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• 高頻材料 • CO2轉碳源
• 感測材料 • 生質原料與
• 材料整合感 綠色循環 產品
測元件
智慧功能 高值高性
性 能
•
低溫製程 •
高分子取代
• 精準反應 低碳生產
金屬
•
副產物再利 •
輕量高強度
用 •
高耐候性
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快速的開發整合能力

• Materials Enabling Application

• Application Driven material evolution

• 以材料基因工程 MGI 技術，加速新 高值材料設計開發

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製造低碳化

• 少量多樣、依量生產，節能減費低汙染

• 從研發階段導入的品質保證系統，強調精確控制

Material Genome

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一 下 個世代的鑫材料

熱塑複合材料著重從上游材料到終端民生用品，賦予產品 輕、 薄、強韌、好加工、耐用與環保等優異特性 ，以 能重覆使用及回 ， 收再利用的環境友善 複合材料為基礎， 創造出不斷鏈循環系統 這也是新 ( 鑫 ) 材料未來努力的目標。

－ 、 ◎ 5+N 產業議題帶動之產業需求 環保節能 循環經濟及自動化 － ◎ 輕量化及高強度之產品需求 取代傳統金屬或塑膠構件 － ◎ 外觀、色彩及獨特花色紋路 高度外觀要求部品 － ◎ 具大量經濟規模之產能需求 搭配塑膠射出製程 ( 成本 ) － ◎ 塑膠加工製程瓶頸 大尺寸、高剛性、製程良率及產能

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複材產品基本分類

複合材料 = 基材 + 補強材

基材: 主要分兩類
1.熱固性塑膠(thermoset)
  環氧樹脂(Epoxy)
  酚醛樹脂(phenolic resins)

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補強材:

• Glass Fiber (玻璃纖維)

• Carbon Fiber (碳纖)

• Kevlar Fiber

• 2.熱塑性塑膠(thermoplastic) • PC ‧ PU

• • TPU ‧ Surlyn

• • Nylon ‧ PA6

• • ABS ‧ PMMA

• • Pabox ‧ PP

• Polyester Fabric

• Nylon Fabric

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高強度輕量化特種結構材 與應用技術發展路徑圖

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• 碳纖維表面處理技術

• 熱塑連續碳纖複材製程技術

• 纖維超薄化展纖技術

• 輕量化複材結構設計平台

• 航空等級高階材料

• 智慧車輛組件應用

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智慧機械 智慧機械 銀髮輔具 智慧機械
130 其他應用領域
薄化展纖技術 輕量化結構板
單向連續片材
注塑成型 鑫永銓與
20 工研院共 編織片材
航空零組件
同開發技
術
10
智慧車組件
6 長纖增強粒料
4
短纖增強粒料
1 非增強粒料 車廂地板 軌道車組件
40 100 220 400 800 1200 2000
強度 (MPa)
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熱塑複材開發時程階段說明

第一階段薄形化板材、碳纖維基礎材料
  鞋材穿戴裝置(機能及裝飾)
  建築業用輕量化環保模板
  PP行李箱包(至箱體模塑完成)

第二階段次結構件補強之應用
  熱塑碳纖維自行車架
  具結構性汽機車零組件板材
  與其他產業搭配之板材

配合客戶端提供整合性製程服務
  材料、模具設計開發等
  表面處理、改質/調整處理
  製造程序整合(模壓、射出擠出成型等)
  高強度熱塑工程塑膠開發(配合產學單位)

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熱塑複材腳踏車零件開發專案

3D圖面已和工研院開始進行材料應力模擬分析 2018Q4進行結構件首模製作測試及結構確認。

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ACE行李箱開發專案

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ACE行李箱開發專案

1940 以Shinkawaryu Company 在大阪開始經營箱包製造及批
     發業務 (以創辦人 Rysaku Shinkawa 名字來成立)
1964 與Samsonite Corporation 建立特許聯營(至2004年)
2006 收購美國品牌ZERO HALLIBURTON (在大陸也有分公司)
2015 推出Proteca 品牌行李箱(最高級的品牌)
                 強調日本製造
ACE在日本為第一大行李箱品牌，擴及整個亞洲市場與美國市場。

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ACE行李箱開發專案

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小寫ace. Logo 為
中階的品牌，包含
軟硬箱、手提包、
後背包等產品。

PROTECA 為最高級的品牌，
產品包含軟硬箱，強調日本
製造，三年保固，都有其專
屬的LOGO.

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大寫ACE Logo 為ACE低階的
品牌，為大陸生產製造，也
有其他代理的品牌。

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、 ~ 日經 朝日9/14 9/15全版廣告

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ACE行李箱開發專案

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ACE Aeroflex Light媒體廣告

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35

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感謝聆聽 敬請指教

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==> picture [89 x 31] intentionally omitted <==

36