NDB — Investor Presentation 2021

Nov 30, 2021

Taiwan stock exchange (TWSE ： 3090)

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Investor Conference

、 、 、 Honesty Service Growth Co-Prosperity

2021/11/30

 This briefing and release contain forward-looking statements which may include projections of future results of operations, financial status or business forecasts based on our internal or external sources.

 Our actual results of operations, financial status or business forecasts may differ from those expressed or implied in these forward-looking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control. We undertake no obligation to update these forward-looking statements, whether as a result of future events or circumstances.

 NDB expressly disclaims all warranties or representations of any kind, whether express or implied, regarding the reliability, accuracy and completeness of these statements and accepts no liability for any loss directly or indirectly arising from or in reliance upon the contents of these statements.

• No material from this briefing may be copied, revised, edited, transmitted or as commercial use in any way, except with NDB’s permission.

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Agenda
...................................
01/15 ~ 06/15
1. Company Profile
2. Line Card........................................................
07/15 ~ 12/15
........
13/15
3. Sales Ratio by Market Segment
.................
14/15
4. Sales Ratio by Product Line
......................................
15/15
5. Operation Summary
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(1) Basic Information

◆ Establishment

： January,1993

• ：

• ◆ Capital NTD 1,786,571,500 (November, 2021)

• Chairman of the board

： Freddy Chou

◆ Vice Chairman ： Eric Lee

◆ President ： Kent Yu

• Employees

• ： c. 408 people (September, 2021)

The number of Sales & Sales Support personnel is 299. The number of Administration & Management personnel is 91. The number of Research & Development personnel is 18.

01/15

(2) Consolidated Revenue and Net Income for 2007 to 2021 Q1~Q3 )

In Thousands of NTD

	12,000,000																																																																																					1,800,000
													Revenue																																																																									1,600,000
	10,000,000												Net		Income
																																																																																						1,400,000
	4,000,000 6,000,000 8,000,000																																																																																					600,000 800,000 1,000,000 1,200,000
	2,000,000																																																																																					200,000 400,000
	0																																																																																					0
					2007年2008年2009年2010年2011年2012年2013年2014年2015年2016年2017年2018年2019年2020年2021年
																																																																															Q1~Q3
	Year				2007年							2008年					2009年					2010年					2011年				2012年					2013年					2014年					2015年					2016年					2017年						2018年						2019年						2020年						2021年 Q1~Q3
	Revenue		3,349,501 2,960,110 2,555,681 3,294,123 2,842,277 2,313,416 6,377,856 8,543,448 8,260,868 8,446,804																																																				**8,250,452 **						10,679,189						**8,820,029 **						**9,241,488 **						8,357,285
	Net Income					275,422						178,910					222,988					264,892					270,840					185,449					332,535					382,697					379,077					388,724					593,528					1,574,915							615,754						627,543						711,737

02/15

(3) Operating Performances (2016~2021 Q1~Q3)

unit ： %

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40
37.97
35
30
27.84
25
20 19.03
17.21 17.32
18.52 16.51
14.62 14.75 15.38
15
14.03
13.30 13.26
10
8.52
7.19 6.98 6.79
4.60
5
0
2016 2017 2018 2019 2020 2021 Q1~Q3
Gross Profit Margin Net Profit Margin ROE
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Data Source：https://mopsfin.twse.com.tw/

03/15

(4) Historical Dividend (2016~2020)

Dividend Year	EPS (NTD) (Note 1)	Cash Dividend (NTD/Share)	Stock Dividend (NTD/Share)	Dividend per Share (NTD/Share)	Dividend Distribution rate(%)
2016	2.35	2.0	0.0	2.0	85 %
2017	3.50	2.5	0.7	3.2	91 %
2018	8.56	6.5	0.0	6.5	76 %
2019	3.32	3.5	0.0	3.5	105 %
2020	3.36	3.1	0.0	3.1	92 %

Note 1：Please refer to Financial Statements.

04/15

(5) Affiliate Profile (September, 2021)

NDB

Main Products: Electrolytic Capacitor, Solid Capacitor Capital ： NTD 1,786,571 仟元 146 Employees

Vic-Dawn (95.31%) Scope (100%) Tonsam (100%) Sentelic (45.31%) (merged with Zindenbo Main Products: Main Products: (Added in October,2017) Corporation on 27th, May, 2013) Main Products: Ceramic Capacitor, Integrated Circuit (I.C.), Main Products: Battery, LED, etc. Sensor. Fan Motor Driver Control IC, Quartz Crystal Oscillator, Aluminum Electronic Capacitor, Capital ： NTD 530,163 仟元 Capital ： NTD 150,000 仟元 General MCU Agent etc. 42 Employees 19 Employees Capital ： NTD 300,590 仟元 Capital ： NTD 150,000 仟元 17 Employees 54 Employees Lipers (99.34%) AES (100%) Lipers(HK) (100%) Sentelic Holding Co., Ltd. Main Products: Main Products: Main Products: (100%) Ceramic Capacitor, LED, etc. Ceramic Capacitor, Logistics, Capital ： NTD 320,000 仟元 LED, etc. NDB(Mauritius) Electronic Components Sales 23 Employees Capital ： NTD 274,800 仟元 Capital ： HKD 29,642,793 元 Ocean Prestige Limited. (100%) 31 Employees 10 Employees (100%) NDB(Shenzhen) (100%) NDB(Suzhou) (100%) Touchscreen Gestures LLC Lipers Electronics (Shenzhen) (100%) (Operating since April, 2013) Main Products: Main Products: Main Products: (100%) Electronic Components Sales Electronic Components Sales Capital ： HKD 2,000,000 元 Electronic Components Sales Capital ： USD 1,000,000 元 USD 2,743,500 元 Capital ： USD 3,396,000 元 7 Employees 28 Employees 31 Employees

05/15

(6) Group Company Operation Sites

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Eastern China NDB Suzhou

Central China Wuhan Branch Taiwan . New Taipei City H.Q Taichung Office Kaohsiung Office Sentelic Southern China NDB Shenzhen Lipers Shenzhen Hong Kong Region Lipers HK

06/15

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Nippon Chemi-Con Corporation

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(1) Main Products ： A. Electrolytic Capacitor

B. Solid Capacitor

(2) Application ： Power Supply 、 Motherboard 、 、 、 Video Card Electrical Ballast 、 Uninterruptible Power Supply 、 、 、 Cloud System Green Energy IPC 、 Industrial Equipment Car Assembly

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Matsushita Electronic Co., LTD.

(1) Main Products ： A. Solid Polymer Capacitor

B. Film Capacitor C. Inductor

D. Precision Resistor

(2) Application ： Power Supply 、 Motherboard 、 XDSL 、 、 、 IPC Cloud System Car Assembly

07/15

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Own Brand - KTS Battery Series

• (1) Main Products ： Primary Lithium Battery 、 Rechargeable Lithium Ion Battery 、 Wired Lithium Battery

• (2) Application ： Motherboard 、 Notebook 、 Industrial Personal 、 Computer 、 Industrial Control Equipment 、 Office Equipment 、 E-Book 、 Console 、 3C Electronics

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Authorized Brand – AIC

• (1) Main Products ： Electrolytic Capacitor

• (2) Application ： Power Supply 、 Industrial Personal Computer 、 、 、

• Industrial Control Equipment Green Energy Industrial Equipment

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Authorized Brand - ALPS

• (1) Main Products ： Switch 、 Tact SW 、 SD/SIM Connector 、 Power Inductor 、 Sensor (Magnetic/Current)

• (2) Application ： Industrial Control Equipment 、 Communication Products 、 Automotive Applications 、 Consumer Electronics

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Authorized Brand – Fujitsu

• (1) Main Products ： Relay 、 Keyboard 、 Touch Panel 、 Thermal Printers

• (2) Application ： Industrial Control Equipment 、 Communication Products 、 Automotive Applications

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E-Com Authorized Brand – NUVOTON 、 HOLTEK

• (1) Main Products ： 8 bit, 32 bit MCU 、 MSR decode IC 、 Smart Charger IC 、 Type C 、 PD

• (2) Application ： Control Panel of Home Appliance 、 Consumer Electronics 、

、 、 、 Industrial Control Equipment Car Charger Adapter Power Bank

08/15

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Authorized Brand – Samsung

(1) Main Products ： MLCC

(2) Application ： Motherboard 、 NB 、 Camera Module 、

、 Wi-Fi Module General Purpose

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Authorized Brand – GENESYS

(1) Main Products ： Card Reader Controller 、 USB Hub Controller

(2) Application ： NB 、 Monitor 、 Docking

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Authorized Brand – GIANTEC

(1) Main Products ： EEPROM

(2) Application ： DRAM 、 NB 、 Camera Lens 、 Server

09/15

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Authorized Brand – AVX ／ Kyocera

(1) Main Products ： MLCC 、 Tantalum Capacitor 、 Super-Cap 、

Crystal / Oscillator

(2) Application ： Panel 、 Wireless Module 、 Camera Module 、 、 、 Networking SSD POS

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Authorized Brand – TDK (EPCOS)

(1) Main Products ： Film Capacitor 、 Arrestor 、 MLV 、 Inductor

(2) Application ： Power Supply 、 UPS 、 Inverter 、 LED Driver 、 Networking

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Authorized Brand – KEMET

• (1) Main Products ： Film Capacitor 、 MnO2 Tantalum Capacitor 、 Polymer Capacitor

• (2) Application ： Power 、 Networking 、 PC 、 General Purpose

10/15

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Own Brand – UWA

(1) Main Products ： Chip Resistor and Array 、 Hi VC MLCC

(2) Application ： General Purpose

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Authorized Brand – EVERLIGHT

(1) Main Products ： SMD/Lamp LED 、 High Power LED 、 、 、 Low Power LED Photo Coupler IR Receiver Module

(2) Application ： Lighting 、 Flash 、 PC 、 TV 、 Monitor 、 Signage 、 、 、 Home Appliance Industrial Applications Automotive

11/15

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Authorized Brand - NJRC

(1) Main Products ： LDO 、 AMP

(2) Application ： Data Storage Device/HDD 、 、 Network Communication Audio & Video Consumer Market

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Authorized Brand - AKM(AKE)

(1) Main Products ： TCXO-IC 、 Audio LSI. Hall Sensor

(2) Application ： Voice Coil Motor 、 Automotive Application

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Own Brand – SENTELIC

(1) Main Products ： Fan Motor Driver Control IC 、

(2) Application ： Server 、 Network Communication 、 Power 、 、 Home Appliance Industrial Applications

12/15

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13/15

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TDK, ALPS, FUJITSU, KTS, UWA

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EVERLIGHT

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Nippon Chemi-Con Panasonic, KEMET, AVX

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GENESYS, GIANTEC, NJRC, AKM, SENTELIC

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Nippon Chemi-Con Panasonic, AIC

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Samsung Kyocera KEMET AVX

14/15

1. Subsidiary company Sentelic (4945) listed in Taiwan OTC on November 20, 2020 .

2. Company pays an annual dividend of NTD 3.1 per share, recording more than 20 consecutive years for dividend payout.

3. Due to a shortage of key components and the Pandemic hasn’t eased yet, the overall demand in fourth quarter is still needs to be observed.

4. The view for first half of year 2022, predicting total demand will be continuously increased significantly driving by 5G, AI, IoT, WiFi 6, EV market, server and metaverse, and company will take all necessary and appropriate action for this growing trend.

15/15

NICHIDENBO CORPORATION TEL ： (02)2219-0505 FAX ： (02)2219-1010 WEB ： www.ndb.com.tw