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LEI — Investor Presentation 2021
Dec 10, 2021
52289_rns_2021-12-10_b960c109-5671-4c74-afad-c3ca61d9c63a.pdf
Investor Presentation
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POWER FORWARD
LEADER ELECTRONICS INC. Investor Conference (TWSE: 3058)
- 12.10
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Safe Harbor Notice
The following pages contain projections & estimates of financial information as well as market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but they involve risks & uncertainties. Our actual results of operations & financial condition may differ significantly from those contained in the projections & estimates. The projections & estimates should not be interpreted as legally binding commitments, but rather as flexible information subject to change occasionally.
01 About LEI
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Index
02 Products We Offer
03 Financial Summary
04 POWER FORWARD
Milestones
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1990
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Offices and R&D center were expanded in HsinDian. LEI
-
1970-1980 • DongGuan & JianSu were
- DongGuan & JianSu were established.
-
LEI started as a manufacturer of audio transformers and film capacitors in 1970 ~ 1973.
-
Began to produce adapters that are safety compliant in
-
- Purchased HsinDian site. Power adapters went online for production.
-
Purchased TaiNan Site and DunNan office in Taipei City .
2000
-
Publicly Listed on the TaiEx.
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Self-Certified UL & TUV Lab.
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Awarded or preferred suppliers by Sony, Netgear, Schneider, Rockwell, Motorola…etc
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2010
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LEI PH was established.
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LEI DongGuan passed MFi 2020 system review.
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Type-C PD device was firstly certified by USB-IF.
-
50[th] anniversary celebration
-
of LEI Group.
-
Purchased HQ in New Taipei City.
-
PH Manufacturing Site 2 and
-
India Site 1 were expanded and established respectively.
-
• Engaged in ESS and EV fields.
-
LEI JianSu Site was granted by IATF 16949.
-
Motor Business Unit was formed.
1.01 | WE ARE LEADER
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Magnetics
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AC-AC
Switching
POWER
AC-DC
OF EV/Charger
TRUST
Motor
DC-AC
We Create Integrated
Systems for Smart
Power Solutions.
ESS
DC-DC
Lighting
1.02 | WE ARE LEADER
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POWER OF TRUST
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GLOBAL LOCATIONS
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Sales / Support
Manufacturing
Research
Engineering
Logistics
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EU
EA CN
WA JP
CN
TW
HK
IN
PH
SG
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1.03 | WE ARE LEADER
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Type-C, EV & LT 0.4% Type-C,
IoT 5.5% IoT 7.6% EV 0.4%
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Sales Revenue
2020 Q1-Q3
Total USD130M[+]
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CS
MN
MN
22.1% EV
20.8%
SW 56.9% SW 54.4% MN
OE
OE
OE SW
14.9%
16.7%
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Yr 2020
Yr 2021
By Product Lines
1.04 | WE ARE LEADER
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LEADING INNOVATION
Research & Development
+ 150 Engineering Experts
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EE Design Design Mechanical Prototyping Verification Research PCB Layout Component Software
1.05 | WE ARE LEADER
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CORE STRENGTH
Manufacturing Sites
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SOUTHERN CHINA
Guandong Dongguan Leader (Own Property)
| Founded | 1992 Present |
|---|---|
| Land / m2 | 20,000 (218,000 ft2) 40,000 (430,336ft2) |
| Certificate | IATF16949 / TL9000 / ISO9001, ISO14001 / ISO14064, OHSAS18001 |
| EASTERN CHINA | |
| Jiansu Dantu Leader (Own Property) | |
| Founded | 1998 Present |
| Land / m2 | 54,000 (582,000ft2) 82,000 (882,189ft2) |
| Certificate | IATF16949 / TL9000 / ISO9001, ISO14001 / ISO14064, OHSAS18001 |
Philippines
| Cavity City | Cavity City | ||||
|---|---|---|---|---|---|
| Founded | 2012(Site No.1) | 2021(Site No.2) | |||
| Land / m2 | 24,000 (259,000 | ft2) | 7,399 (79,601ft2) | ||
| Certificate | ISO9001, ISO14001 | ||||
| INDIA | |||||
| Chennai City (A Joined Venture) | |||||
| Founded | 2019 | ||||
| Land / m2 | 3,600 (38,730 | ft2) | |||
| Taiwan | |||||
| New Taipei City | (Own Property) | ||||
| Founded | 2021 (EM) | 2021 (EV Charger) | |||
| Land / m2 | 743 (7,993ft2) | 343 (3,690ft2) |
1.06 | WE ARE LEADER
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Production Capacity
12hrs a day 26 Working Days
| Capacity Max.* | Southern CN | Eastern CN | PH | TW |
|---|---|---|---|---|
| Switching | 9.3KK | 1.2KK | 900K | - |
| EV Parts | - | 10K | - | 3K |
| Magnetics | 1.8KK | - | 1.8KK | - |
| OEM | 1.5KK | 20K | 15K | - |
| Cables | 1.5KK | 3.7KK | 1.3KK | - |
| Motor | - | - | - | 9K |
1.07 | WE ARE LEADER
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SWITCHING
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Magnetics
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Switching
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EV Charging
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Energy Storage Motor Lighting OEM System
2.08 | PRODUCTS WE OFFER
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SWITCHING
Networking / 5G / PoE / Industrial Control Smart Home / IoT Telephone & Radio Consumer Electronics Adapter
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Industrial
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PoE MRT Control System
2.09 | PRODUCTS WE OFFER
Switching
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USB Wall Power Module
Smart Device
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Networking Industrial
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Type-C Consumer Electronics
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2.10 | PRODUCTS WE OFFER
SWITCHING
-
Standard 8W - 36W
-
EPS1
-
EPS6
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MU08P
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MU24D1
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MU36D1
MU12D1
MU18D1 EPS1 EPS6
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2.11 | PRODUCTS WE OFFER
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MAGNETICS
50 Years of Experience in Strategic Innovation and Power Product Development.
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Magnetics
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Switching EV Charging
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Energy Storage Motor Lighting OEM System
2.12 | PRODUCTS WE OFFER
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Application
2.13 | PRODUCTS WE OFFER
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Mission Critical Power UPS
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Energy Storage
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VFF. Motor Drive
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Industrial
Magnetics
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EV Charging Station
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Solar Power
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Wind Power
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Linear
Magnetics
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High Freq.
Magnetics
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Communication Networking
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Communication Networking • A/V Equip.
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EV & Charging
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Solid State Lighting
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Industrial Equip.
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Green Energy
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Home Appliance
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Home Appliance
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Medical Care
-
Electronic Device
-
Control & Metering
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Magnetics
Industrial Transformer &
Inductor
2.14 | PRODUCTS WE OFFER
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Mission Critical Power UPS
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VFF/ASD Motor Drive
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E-Vehicle Charging Micro Grid
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Green Power Energy Storage
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Magnetics
Current Inducer
& Transmitter
Accuracy Grade: Measured in
0.2/0.5/1/3 & Protection w/ 5P &
10P
IEC 61869-2, GB 1208 Compliance
2.15| PRODUCTS WE OFFER
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Power Generation
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Power Transmission
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Power Distribution
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Power Metering
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Magnetics
Water Cooling
Transformer & Inductor
Low in Power Consumption, Small
in Size and Light in Weight
Suitable for a Room that is Small,
Bad in Heat Dissipation, High in
Temp. & Altitude
High Efficiency, Low Temp.
Reliable in Working
2.16 | PRODUCTS WE OFFER
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Medium Frequency Induction Heating Power System
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High power Welding Spot Welding Machine
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Inverter & Converter in Hi-Power/Energy Saving
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Electric Power Traction
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Magnetics
Amorphous Transformer
& Reactor
Low Power
Consumption, High
Efficiency, Long Life
Small Size, Lighter in
Weight, Low Temp.
Anti-Humidity, Non-
Flammable and Low in
Maintenance
Good in Short Withstand
ability , Low Noisy
2.17 | PRODUCTS WE OFFER
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Mining
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Green Power System
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Oil
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Telecomm Base Station
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Magnetics
EMI & dv/dt Filter
Restrain from EMI and Plug-in
Consumption
Suitable for Long Distance and
Heavy Loading Motor Drive System
IEC 61800-3, IEC 60939,
UL508, UL1283 Compliance
2.18 | PRODUCTS WE OFFER
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PCS , UPS, Energy Storage
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Smart Grid Green Power
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HVAC- Heating, Ventilation, Air Condition
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Elevator, Lift
EV Charging
Power Up to Kilos Watt with a High Degree of Customizability. Comply with Global and Safety Regulations
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Switching
Magnetics
EV Charging
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Energy Storage Motor Lighting OEM System
2.19 | PRODUCTS WE OFFER
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Energy Storage
儲能解決方案
Solution
Charging On Board
Charging Set
• OBC
Eco-System
• DC/DC Converter
• Combo
Outdoor
Stand-Alone
• AC Charging
• DC Fast Charging Portable Charging
Device
Charging
Station
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2.20 | PRODUCT TECHNOLOGY
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30KW, 500V DC 7KW, 220V AC Charging
Quick Charging
617 × 234 × 578
W×D×H (mm)
Charger (60KW)
500 × 231 × 1650
Wall-mount / Stand (optional)
W×D×H (mm)
279 × 350 × 154
W×D×H (mm)
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30KW, 500V DC Quick Charging (380Vac 3-Phase)
EV Charging
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60KW, 500V DC Quick Charging (380Vac 3-Phase) Main(120KW) 824 × 540 × 1630 W×D×H (mm)
2.21 | PRODUCTS WE OFFER
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Light EV Charging
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6.6KW OBC
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2.5KW DC Converter
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9KW OBC Combo
IATF16949 Certificate
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1.2-1.5KW OBC 2.22 | PRODUCTS WE OFFER
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1.2KW E-bike OBC
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3KW Power Controller
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Block Diagram
380Vdc DC output
35-60V/2.5A
EMI PFC LLC Output
Filter Converter Filter
AC input
90~264V DSP
PWM Control
Control EN 、 CAN
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Energy Storage System
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Magnetics
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Switching
EV Charging
偕子公司熙特爾新能源提供全方位 的儲能解決方案
-
台電輔助服務
-
用電大戶
-
再生能源儲電
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Energy Storage System
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Motor
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Lighting
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OEM
2.23 | PRODUCTS WE OFFER
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Renewable Energy
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Load
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Power Grid
Applications
System Integration Solutions
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Battery Cell
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Power Conditioning
System
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Battery Energy
Storage System
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Battery Module
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Energy
Management
System
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Rack
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BMS
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2.24 | PRODUCTS WE OFFER
Motor
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Magnetics
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Switching
EV Charging
BLDC Design & Manufacturing
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Energy Storage Motor System
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Lighting
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OEM
2.25 | PRODUCTS WE OFFER
CPAP device BLDC Blower
Cough machine BLDC Blower
Motor
Products (1)
Air Mattress BLDC Blower Sprayer BLDC Blower
Fuel Cell system BLDC Blower
Specialized in Customized Production
2.26 | PRODUCTS WE OFFER
Pump BLDC Motor
Power Roller BLDC Motor Linear Actuator
Motor
Products (2)
Electric Valve BLDC Motor
- Fascia Gun Roll er BLDC Motor
Future
Tonal: The Ultimate Strength Training Machine
2.27 | PRODUCTS WE OFFER
OEM
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Switching
Magnetics
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Energy Storage Motor System
EV Charging
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Lighting OEM
2.28 | PRODUCTS WE OFFER
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Smart Power Strip
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Overload Protector Switch Indicator
Grade 2 Gate Protector 1USB 5V/2.1A Int’l Inlet Grade 3 3USB 5V/3.1A Gate Protector
Wi-Fi Infrared Remote Controlled Plug Mobile Lightbos Plant Grower
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Smart Power
Smart
Wall Socket
Smart
Kitchenware
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OEM Home AIoT
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Charging Control
Images’ IP Rights of Finished Goods Displayed Belong to LEI’s Clients Smart Cooking Pot Ventilator Instant Kettle 水質檢測筆 Water Purifier
Battery Detection Board
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Leisure, Sports E-Scooter Power & Health Care Controlled Board
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Smart Home
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Electrical Kettle Lifting Table for Smart Lighting
Shoulders & Neck /Eyes/ Head Massager
Watching Machine Power Control Board
2.29 | PRODUCTS WE OFFER
OEM
Solutions & Applications (1)
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Infrared and proximity sensing Technical Introduction: Infrared and radio technology can be used to sense the proximity of the human body.
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Application: Induction Tap, Hand Washer, Smart Toilet, Lighting, Appliances, etc.
Battery management
Technology Introduction: Effectively manages battery voltage, current, temperature and other data to ensure that the battery string works in a safe condition. Application: Emergency portable power supply, wireless vacuum cleaner, power tools, outdoor energy storage.
Temperature control Technology introduction: Temperature precision control can be realized by stable and reliable closed-loop control algorithm. Application: Electric cup, water heater, electric blanket, saucepan.
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Motor control Technology introduction: Through PWM control to achieve all kinds of motor control. Application: Water applicator, vacuum fresher, massager, electric toothbrush, beauty products.
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Wireless charging Technology Introduction: Intelligent device charging and application of IPX7 waterproof products through wireless charging technology. Application: electric toothbrush, electric bath brush, fruit and vegetable washing machine, etc.
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2.30 | PRODUCTS WE OFFER
OEM
Solutions & Applications (2)
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TDS water quality testing
Technology Introduction: Detection of TDS content by software algorithm. Application: Water quality testing method, water feeder, water purification equipment.
Water level detection
Technology Introduction: Infrared and HALL are used to detect the induced water level. Application: Applied to boiling water machine ( i.e. hot water bar ) .
MCU application control
Technology Introduction: Skilled in IO port control, ADC sampling, timer principle and PWM algorithm. Application: all kinds of small home appliances, massage products, beauty products, etc.
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Internet of Things Connection
Technical introduction: Familiar with the Mi and Alibaba loT docking agreements. Application: Various Internet of Things products.
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Ozone generator
Technology Introduction: Using high voltage discharge method to produce ozone. Application: Fruit and vegetable cleaning, disinfection, deodorant products, etc.
2.31 | PRODUCTS WE OFFER
POWER FORWARD
Financial Summary
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3.32 | FINANCIAL SUMMARY
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Financial Summary
2021 Q1-Q3 Income Statement
Thousand NTD
| 110/7~9 | Rate | 109/7~9 | Rate | 110/1~9 | Rate | 109/1~9 | Rate | |
|---|---|---|---|---|---|---|---|---|
| Operating Income |
1,305,151 | 100% | 1,160,344 | 100% | 3,507,322 | 100% | 3,097,715 | 100% |
| Operating Costs | 1,195,682 | 92% | 1,014,855 | 87% | 3,244,059 | 92% | 2,717,979 | 88% |
| Gross Profit | 109,469 | 8% | 145,489 | 13% | 263,263 | 8% | 379,736 | 12% |
| Operating Expense |
167,493 | 13% | 168,460 | 15% | 491,920 | 14% | 463,922 | 15% |
| Net Operating Income |
(58,024) | -4% | (22,971) | -2% | (228,657) | -7% | (84,186) | -3% |
| Net Non- Operating Income |
(12,659) | -1% | 3,984 | 0% | (12,893) | 0% | 30,081 | 1% |
| Income before Income Tax |
(70,683) | -5% | (18,987) | -2% | (241,550) | -7% | (54,105) | -2% |
| Income Tax Expense |
(16,608) | -1% | 2,530 | 0% | 1,387 | 0% | 18,579 | 1% |
| Net Income | (54,075) | -4% | (21,517) | -2% | (242,937) | -7% | (72,684) | -2% |
| Basic Earnings Per Share |
(0.34) | (0.14) | (1.54) | (0.45) |
3.33 | FINANCIAL SUMMARY
| Assets ility & holders nefits |
2021/09/30 | Rate | 2020/12/31 | Rate | 2020/09/30 | Rate | |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | 362,420 | 7% |
810,589 | 16% |
831,046 | 17% | |
| Accounts Receivables | 1,424,231 | 28% |
1,270,050 | 25% |
1,213,064 | 25% | |
| Inventories | 1,226,476 | 24% |
854,238 | 17% |
743,683 | 15% | |
| Other Current Assets | 170,013 | 3% |
183,061 | 4% |
114,555 | 2% | |
| Total Current Assets | 3,183,140 | 62% |
3,117,938 | 61% |
2,902,348 | 59% | |
| Property,Plant & Equipment Net | 1,436,546 | 28% |
1,307,030 | 26% |
1,317,189 | 27% | |
| Right-of-use Assets | 166,304 | 3% |
190,229 | 4% |
195,593 | 4% | |
| Investment PropertyNet | 98,391 | 2% |
232,155 | 5% |
233,020 | 5% | |
| Other Noncurrent Assets | 278,579 | 5% |
267,500 | 5% |
246,923 | 5% | |
| Total Noncurrent Assets | 1,979,820 | 38% |
1,996,914 | 39% |
1,992,725 | 41% | |
| Total Assets | 5,162,960 | 100% | 5,114,852 | 100% |
4,895,073 | 100% | |
| 2021/09/30 | Rate | 2020/12/31 | Rate | 2020/09/30 | Rate | ||
| Short-Term Borrowings | 1,290,177 | 25% |
1,039,559 | 20% |
1,070,500 | 22% | |
| Account Payable | 1,359,221 | 26% |
1,222,866 | 24% |
1,057,914 | 22% | |
| Other Current Liabilities | 539,419 | 10% |
448,857 | 9% |
433,347 | 9% | |
| Total Current Liabilities | 3,188,817 | 62% |
2,711,282 | 53% |
2,561,761 | 52% | |
| Long-Term Borrowings | 140,806 | 3% |
246,179 | 5% |
130,658 | 3% | |
| Non-Current Lease Borrowings | 144,840 | 3% |
166,128 | 3% |
171,572 | 4% | |
| Other Noncurrent Liabilities | 119,708 | 2% |
119,922 | 2% |
121,502 | 2% | |
| Total Noncurrent Liabilities | 405,354 | 8% |
532,229 | 10% |
423,732 | 9% | |
| Total Liabilities | 3,594,171 | 70% |
3,243,511 | 63% |
2,985,493 | 61% | |
| Total Equityof Shareholders | 1,568,789 | 30% |
1,871,341 | 37% |
1,909,580 | 39% | |
| Total Liabilities and Equityof Shareholders | 5,162,960 | 100% | 5,114,852 | 100% |
4,895,073 | 100% |
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Financial Summary
2021 Q3 Liability & Balance Sheet Shareholders Benefits Thousand NTD
3.34 | FINANCIAL SUMMARY
POWER FORWARD
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Cloud Data
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POWER THE FUTURE
Smart – Industry Transportation Home City
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Energy Energy Energy
Conversion Distribution Recycle
3.35 | PRODUCT TECHNOLOGY
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POWER FORWARD
THANK YOU FOR TAKING THE TIME.