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IRF Investor Presentation 2016
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Nov. , 2016
Disclaimer
This report and released message contains information about corporate prospects, financial updates and sales forecasts, established on the basis of internal resources and external reference sharing. The actual performance may be different from expressed or implied predictions due to uncontrollable and/or unpredictable risks.
All prospects reflect Iron Force’ s expectations toward the future, and may be subject to change and Iron Force reserves the right to alter, update and change relevant information from time to time without prior notice.
Notes:
About Iron Force
| The Board of directors | ||
|---|---|---|
| Titles | Names | Main Experience |
| Chairman | Alan Huang | Founder of Iron Force Industrial Co., Ltd. |
| Director | Hank Huang | Sales manager/GM/President of Iron Force Industrial Co., Ltd |
| Director | Alex Chang | Previously, Chief Manager, Investment, Industrial Technology Investment Corporation; Senior VP, DelSolar Co., Ltd. |
| Director | Edward Way | CPA Previously, Chairman, Deloitte Taiwan & Chairman, Wei Yung Tu CPAs Office Currently, Chairman, YCSY Co., Ltd |
| Independent Director | Theresa Wu | CPA Previously, Partner, PwC Taiwan Currently, Chairman, Fate Design |
| Independent Director | Yaotsu Shih | Previously, Chairman, Fu Sheng Industrial Co., Ltd; VP, Lancer Systems |
| Independent Director | Judy Chang | CPA |
| Establishment | April 27, 1977 | |
| --- | --- | |
| Employees | 1,840+ (including subsidiaries in China and Germany) | |
| Share capital when listed | NT$ 757,346,310 | |
| Management | Chairman: Alan Huang ; President: Hank Huang | |
| Main business | (1) Auto parts | |
| (2) Display Fixtures | ||
| Earnings | 2015 consolidated revenue of NT$3.9bn / net profit of NT$620 mn | |
| Shareholding structure |
Aug., 2016
Notes:
CB 還有38張未轉換
目前無新的募資計畫
About Iron Force – Company Structure
Iron Force
Administration Division (AMD)
Auto Parts Division (APD)
Display Fixtures and Housewares Division (DHD)
100%
100%
Cortec GmbH
DHD in Germany (DHDG)
Transtat Investment Ltd.
100%
100%
Huzhou Iron Force
APD in China (APDC)
Zhejiang Iron Force
DHD in China (DHDC)
Notes:
稅率 IRF 17%；APDC 29.45% ； DHDC 37.75% ； DHDG 40.51%
獲利來源 50% 45% 2% 3%
About Iron Force – ? Main Product：Airbag inflator parts
Curtain
Driver’s seat
passenger’s seat
Side/Knee
About Iron Force – ? Main Product：Airbag inflator parts
About Iron Force – ? Main Product：Airbag inflator parts
About Iron Force – ? Main Product：Seat belt pre-tensional tube
About Iron Force – ? Main Product： Precision tubes for electrically powered steering
Advantages of electrically powered steering (EPS) :
Lower fuel consumption / CO2 emission reduction
Tunable steering assistance characteristics
End of line' calibration, plus built-in diagnostics
Flexible packaging in vehicle
Simplified vehicle logistics
Simplified supplier chain logistics
Penetration rate
| | Japan | Europe and America | China |
| --- | --- | --- | --- |
| 2015 | 90% | 75% | 38% |
Operating overview：Product mix breakdown
Revenue break down (%) for Iron Force
Revenue break down (%) for Autoparts
Performance – Profitability index analysis
Updating & Planning – New factory planning
Old factory area
(40 acres，1 floor)
New factory area
(40 acres，2 floors)
| | Current Status | Future Status |
| --- | --- | --- |
| Plant area | 14,590m2 | 42,570m2 |
| Employee | 1,000 | 1,600 |
Thank You
Deputy speaker: Terry Lin
Email: [email protected]
Website: www.ironforce.com.tw
Disclaimer
This presentation may contain statements that express management‘s expectations about future events or results rather than historical facts. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected forward-looking statements , the company cannot give assurance that such statements will prove correct. For additional information on factors that could cause company’s actual results to differ from expectations reflected in forward-looking statements, please see audited reports filed with the Taiwan Stock Exchange corp.