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LIEN CHANG — Investor Presentation 2021
Dec 28, 2021
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Download source fileLien Chang Electronic Enterprise Co., Ltd.?? 2021 Investor Conference
2021.12.28
Safe Harbor Statement
This Presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.
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.
History of Lien Chang
| 1968 | Established in Taipei, Taiwan, with the products of coil, deflection-yoke and fly-back transformer of CRT-monitor 。 |
|---|---|
| 1983 | Cooperated and invested with TECO to produce research and develop Flyback Transformer and Deflection Yoke(DY) of the Monchrome monitor. |
| 1996 | Set up factory in Dongguan, PR China。 |
| 1997 | Listed in public stock-board of Taiwan。 |
| 1998 | Started RD for power-product of LCD-products 。 |
| 1999 | Set up factory in Suzhou, PR China。 |
| 2000 | Listed in TWSE of Taiwan。 |
| 2011 | 2nd stage factory of Suzhou was completed。 |
| 2013 | Taipei headquarter moved from Hsin Chuang Dist. To Neihu Dist。 |
| 2016 | Expand R&D team and dedicate into household appliance manufacturing. Product line includes control board and power board of Air conditioner, Refrigerator and so on for white goods |
| 2017 | Factory passed IATF16949 certification and starts to develop air conditioners , refrigerators for new energy vehicles. |
| 2018 | Launch power board of Signage TV |
| 2019 | Launch control board Semiconductor thermal test equipment |
| 2021 | Step into Electrification Product field and ECM control board of Industrial DC motor. |
TECO Group Briefing with 6 Sectors

GENMAO (Suzhou) Factory Introduction

Land Area: 46,666 ㎡
Factory 1: 10,240 ㎡
Factory 2: 15,008 ㎡
Employee : 700 People
Four Shafts of Product Lines
Display Equipment Power
Portable Devices Charger
DC Motor Drive / Control Board
Automotive Products OEM
Display Equipment Power





OLED TV
8K UHD TV
Indoor、Outdoor
Signage Display
4K UHD TV
FHD TV
CCFL TV
2005Y
LIPS
2008Y
Regular PSU
2014Y
4K UHD PSU
2017Y
OLED PSU
8K UHD PSU
2020-2021Y
Long Life Time /
Anti-Water PSU
Portable Devices Charger














Extension AC Socket
Wall-Mount AC Socket
Type-C Charger of Automotive and Motor
Laptop
Tablet
Smart Phone
Monitor
All in One PC
Laptop
Tablet
2006Y
16W~140W
Adaptor
2021Y
12W、20W、30W
65W、100W
PD Charger
2013Y
48W~65W
Adaptor
2017Y
30W、45W、65W
PD Charger
DC Motor Drive / Control Board












Air Cleaner
Humidifier
Air circulation fan
DC fan
Air Condition
Refrigerator
Semiconducting Temperature Test System
Portable Fridge
Fishing Waterwheel
Electronic Bed / Sofa
3HP ECM Motor
Low Voltage Inverter
2018~2019Y
Control / Driver board
2009Y
Control / Driver board
2017~2018Y
Frequency Conversion Driver
2021Y
Control / Driver board
2017Y
DC Control / Driver board
Notes:
Automotive Products OEM



Automotive Lamp OEM
Noise Board OEM
BMS OEM


2017Y
Cut into China Supply Chain
2018Y
Cut into Japan Supply Chain
2021Y
Taiwanese Customers Developing now



Automotive Fridge
of
Original Equipment Market

2017Y
Cut into China Supply Chain
Notes:
Consolidated Statements of Comprehensive Income
In Thousands of New Taiwan Dollars
| 項目 | For the nine-months periods ended September 30, | | | | Difference | |
| --- | --- | --- | --- | --- | --- | --- |
| | 2021 | | 2020 | | | |
| | Amount | % | Amount | % | Amount | % |
| Operating revenues | 1,189,682 | 100.0 | 1,728,065 | 100.0 | (538,383) | (31.16) |
| Operating costs | 1,102,858 | 92.7 | 1,507,479 | 87.2 | (404,621) | (26.84) |
| Gross profit | 86,824 | 7.3 | 220,586 | 12.8 | (133,762) | (60.64) |
| Operating expense | 152,551 | 12.8 | 187,954 | 10.9 | (35,403) | (18.84) |
| Operating income | (65,727) | (5.5) | 32,632 | 1.9 | (98,359) | (301.42) |
| Non-Operating income and expense | 268,440 | 22.6 | 13,028 | 0.8 | 255,412 | 1960.56 |
| Income before income tax | 202,713 | 17.0 | 45,660 | 2.6 | 157,053 | 343.96 |
| Income tax expense | (68,331) | (5.7) | (1,439) | (0.1) | (66,892) | (46.50) |
| Net income | 134,382 | 11.3 | 44,221 | 2.6 | 90,161 | 203.89 |
| EPS(NT$) | 1.21 | | 0.40 | | 0.81 | |