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JDS — Investor Presentation 2021
Apr 14, 2021
52390_rns_2021-04-14_a4d5c25f-e656-4e67-ba91-643cf1123bfe.pdf
Investor Presentation
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Jourdeness Group Limited Investor Conference 佐登-KY (4190)
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Disclaimer
The information contained in this document was verified by an independent third party. Jourdeness is not responsible for the accuracy, fairness and completeness of any information contained in this document. The information or opinions contained in this document are provided on a specific date, and Jourdeness reserves all to them. Jourdeness has no to after a date or rights update obligation notify any updates specific any development of the information contained in this document. Jourdeness will not accept any liability for any loss resulting from the use of this document or its contents or for other reasons related to this document.
This document does not constitute an offer or solicitation of an offer to purchase shares of Jourdeness or any of its subsidiaries or related parties in any jurisdictions. It does not serve as a part of an offer or incentive, nor should it be interpreted as such. Any part thereof does not constitute the basis of any contract or commitment, and should not be relied upon in respect to any contract or commitment. Your acceptance of this document constitutes your agreement that the information contained in this document is kept strictly confidential. Securities researchers should have eligibility for securities research and follow any relevant securities laws and and restrictions of the before research results on regulations appropriate jurisdiction publishing Jourdeness.
This document is for the securities researchers for use as their research reference This document or provided only. thereof cannot or in or transferred to forwarded, manner, any part be photocopied, copied, any directly indirectly any other other person or for public announcement and for any purpose.
CANAD A
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Since 1988 Company Overview
Develop & Strategy
Financial Performance
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JAPAN
TAIWAN
MALAYSIA
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CHINA
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Future Prospects
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www.jourdeness.com
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Company Overview
- Taiwan's largest directly managed beauty group
618 270thousand 580million Store Member Capital
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Skin Care Care Products Aesthetic OEM / ODM SPA R&D and Sales Medicine
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The Clinic Of Aesthetic Medicine
The Types of Nutritional Supplement
Anti epidemic Products Essential Oil & Rubbing Alcohol
2020 Pr ofitable Growth p SPA Aesthetic Medicine
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147[Stores] 631[Beautician]
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Engage in Charity Activities
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Taiwan Association of Family Caregivers
Maria Social Welfare Foundation
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Publicize
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Service
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Friendly
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Raise the public's attention to the issue of long-term care
Sponsor products and Hold
essential oil SPA seminars
Caring for the needs of employees in Jourdeness and Provide resource referrals
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Develop Strategy
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2021 [年]
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– Revenue of Aesthetic Medicine China & Taiwan
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Increasing the opening clinic of Aesthetic Medicine, the overall performance continues to get better and better.
- Taipei clinic of Aesthetic Medicine is expected to open in April 2021.
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Nanning, China clinic of Aesthetic Medicine is expected to open in April 2021.
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Beijing, China clinic of Aesthetic Medicine is expected to open in second half of 2021.
2020-01 2020-02 2020-03 2020-04 2020-05 2020-06 2020-07 2020-08 2020-09 2020-10 2020-11 2020-12 2021-01 2021-02
Lunar
Epidemic
CHINA TAIWAN
Period New Year
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The revenue of Aesthetic Medicine in China is the total of 37 million RMB in 2020.(About 159 million NTD) The number of Aesthetic Medicine clinic in China is from five to seven in 2021.
The revenue of Aesthetic Medicine in Taiwan is the total of 37.5 million NTD in 2020. The number of Aesthetic Medicine clinic in Taiwan is from five to seven in 2021.
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Anti epidemic Products Essential Oil & Rubbing Alcohol Maternal Infant Nutritional Care Products Supplement Mom & Baby
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PRODUCTS & SERVICES Horizontal Integration
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Financial Performance
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Operating Performance Business Performance _
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| Unit (Thousand NTD) |
2018 | 2018 | 2019 | 2019 | 2020 | 2020 |
|---|---|---|---|---|---|---|
| Operating Income |
3,108,496 | 100% | 3,252,265 | 100% | 2,731,429 | 100% |
| Operating Gross Profit |
2,387,226 | 77% | 2,491,763 | 76% | 2,072,546 | 76% |
| Operating Profit |
700,691 | 23% | 692,040 | 21% | 396,915 | 15% |
| Pre-tax Profit |
720,761 | 23% | 650,884 | 20% | 377,119 | 14% |
| After-Tax Profit |
527,525 | 20% | 470,466 | 14% | 257,725 | 10% |
| Capital | 609,997 | 609,147 | 609,147 | |||
| EPS | 9.02(Note) | 8.05(Note) | 4.41(Note) | |||
| Note: Computed based on the weighted-average number of 58.47 million shares outstanding |
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Revenue & Profit Business Performance _
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| Unit (Thousand NTD) |
Category | 2018 | 2018 | 2019 | 2019 | 2020 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | Cosmetic Products |
1,255,720 | 40% | 1,567,244 | 48% | 1,409,399 | 52% |
| SPA Treatment |
1,820,165 | 59% | 1,596,850 | 49% | 1,136,782 | 42% | |
| Other | 32,611 | 1% | 88,171 | 3% | 185,248 | 6% | |
| Total | 3,108,496 | 100% | 3,252,265 | 100% | 2,731,429 | 100% | |
| Profit | Cosmetic Products |
1,021,049 | 81% | 1,317,020 | 84% | 1,200,793 | 85% |
| SPA Treatment |
1,343,517 | 74% | 1,087,469 | 68% | 697,439 | 61% | |
| Other | 22,659 | 69% | 87,274 | 99% | 174,314 | 94% | |
| Total | 2,387,225 | 77% | 2,491,763 | 77% | 2,072,546 | 76% |
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Distribution by Region Business Performance _
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| Unit (Thousand NTD) |
Taiwan | Taiwan | Taiwan | China | China | China | Malaysia | Malaysia | Malaysia | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | 2019 | 2020 | 2018 | 2019 | 2020 | 2018 | 2019 | 2020 | ||
| Product Sales |
606,170 | 674,570 | 746,893 | 612,686 | 857,023 | 638,082 | 36,864 | 35,651 | 24,424 | |
| Service Income |
615,295 | 642,251 | 631,561 | 1,128,637 | 884,128 | 476,576 | 76,233 | 70,471 | 28,645 | |
| Aesthetic Medicine |
- | - | 19, 991 | - | 79,847 | 158, 617 | - | - | - | |
| Other | 13,956 | 1,283 | 5,985 | 18,655 | 7,041 | 655 | - | - | - | |
| Total | 1,235,421 | 1,318,104 | 1,404,430 | 1,759,978 | 1,828,039 | 1,273,930 | 113,097 | 106,122 | 53,069 | |
| Ratios | 40% | 41% | 51% | 57% | 56% | 47% | 3% | 3% | 2% |
Note: In 2020, a total of 17.52 million products were sold to medical aesthetic clinics in Taiwan.
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Distribution by Channel Business Performance _
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| Unit (Thousand NTD) |
Direct Distributor | Direct Distributor | Direct Distributor | Franchise Distributor | Franchise Distributor | Franchise Distributor | |
|---|---|---|---|---|---|---|---|
| 2018 | 2019 | 2020 | 2018 | 2019 | 2020 | ||
| Product Sales |
1,007,010 | 1,288,282 | 1,209,086 | 248,710 | 278,962 | 200,313 | |
| Service Income |
1,820,165 | 1,596,850 | 1,136,782 | - | - | - | |
| Aesthetic Medicine |
32,611 | 79,847 | 178,608 | - | - | - | |
| Other | 32,611 | 8,324 | 6,640 | - | - | - | |
| Total | 2,859,786 | 2,973,303 | 2,531,116 | 248,710 | 278,962 | 200,313 | |
| Ratios | 92% | 91% | 93% | 8% | 9% | 7% |
Note: In 2020, a total of 17.52 million products were sold to medical aesthetic clinics in Taiwan.
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The Store of Jourdeness Group
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Unit:Store Numbers
| Unit (Stores) |
Channel | 2016 Q4 | 2017 Q4 | 2018 Q4 | 2019 Q4 | 2020 Q4 |
|---|---|---|---|---|---|---|
| Taiwan | Direct | 106 | 118 | 124 | 128 | 129 |
| Franchise | 37 | 21 | 16 | 19 | 18 | |
| China | Direct | 73 | 152 | 165 | 178 | 184 |
| Franchise | 471 | 359 | 329 | 295 | 270 | |
| Malaysia | Direct | - | 16 | 17 | 16 | 16 |
| Franchise | - | - | 1 | 1 | 1 | |
| Total | 687 | 666 | 652 | 637 | 618 |
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The Target of Store Expanding in 2021
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Unit:Store Numbers
| Unit (Stores) |
Channel | 2017Q4 | 2018Q4 | 2019Q4 | 2020Q4 | 2021(F) |
|---|---|---|---|---|---|---|
| Taiwan | Direct | 118 | 124 | 128 | 129 | 135 |
| Franchise | 21 | 16 | 19 | 18 | 22 | |
| Aesthetic Medicine |
- | - | - | 5 | 7 | |
| China | Direct | 152 | 165 | 178 | 184 | 188 |
| Franchise | 359 | 329 | 295 | 270 | 300 | |
| Aesthetic Medicine |
- | - | 4 | 5 | 7 | |
| Malaysia | Direct | 16 | 17 | 16 | 16 | 16 |
| Franchise | - | 1 | 1 | 1 | 1 | |
| Total | 666 | 652 | 641 | 628 | 676 |
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Next?
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2021 New Brand Jenduoste
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Jenduoste
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Instructor of Beauty
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International OEM / ODM
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Nutritional Supplement
Future Prospects
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The Next Three Years
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SPA
Retail
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Expand industrial services, member economy
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Establish a cross-border e- commerce channel in the ASEAN market
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Expand direct and franchise, and develop with sub-brands
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Expand physical Channel
Aesthetic medicine
R&D
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Establish Aesthetic Medicine clinics in key areas
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Technology development of whitening and anti-aging products
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Expand the membership of the SPA to experience and increase the members of The Aesthetic Medicine clinic
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Established China CNS and Taiwan TAF laboratories
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Agency
- Establish distribution and agency in the ASEAN market
Produce
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Jourdeness Biotechnology Park(GMP)
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• International OEM skin care products X Tourism and Leisure Factory
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Thank You
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