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OPC Investor Presentation 2025
51776_rns_2025-08-20_4445fc7e-cf22-4e4f-8e50-07abeed71b29.pdf
Investor Presentation
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OCEAN PLASTICS CO., LTD.
2025 Institutional Investor Conference
Reporter:
Spokesman Chiu Chun-Fu
August 22, 2025
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
CCEA 大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Briefing Outline
- Company Profile
- 2025 Business Unit Operations
- Business performance
- Investment benefit
OPC
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Company Organization
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| Plastic Processing Unit | Building Materials Unit | PU Unit | PVC Raw Materials Unit | |
|---|---|---|---|---|
| Product Category | Transparent tape, general tape, rigid sheet and film, printed adhesive tape, printing tape, Ozeanwud (cellwood) | PVC plastic pipe, high impact resistant tube, CD flexible tube, impact resistant plate, foam pellets, plastic wood, composite materials, PVC angle section, large bend | Water-based PU synthetic leather, solvent-free PPU synthetic leather, Water-based PU resin Solvent-free PPU, resin, Textile environmentally friendly processing resin, biomass material | Plastic powder, plastic pellets, environmental-protection plastic pellets, medical plastic pellets, thick apparent tube pellets |
| Important Use | The product is mainly used for anti-fouling mats, display windows, garden pavilions, yachts, tent windows, quilt bag materials, stationery folders, advertising signs and labels, curtains, medical applications, building materials, wallpapers, bathroom or outdoor floors, walkways, viewing platforms, and fences. | electrical water supply piping, Tap water, Sanitary Sewerage works, plastic products injection, indoor and outdoor landscape use | High foam, trademarks, functional film, sports equipment, balls , apparel, furniture and 3C related products (earphone cover, tablet cover), etc. | Plastic sheets, plastic pipe, profiled extrusion paint, ink and other raw materials, IC encapsulated tube, thick transparent tube used in electronic plant, medical-use compounds |
0PC
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Operation Situation of
Plastic Processing Unit in 2025
| First half Operation Review | Second half Operating Outlook |
|---|---|
| ☑ In the first half of 2025, the adhesive tape industry faced significant market changes. In the first quarter, the massive expansion of production capacity in mainland China led to low-price bidding wars, resulting in a further decline in overall market demand and intense competition for orders. In the second quarter, the United States suddenly announced the imposition of reciprocal tariffs on global goods, causing export orders to freeze abruptly and the market to enter a wait-and-see mode. However, the policy was subsequently suspended for 90 days, leading to a surge in urgent orders in the short term. | |
| Additionally, raw material prices dropped by approximately 10% compared to the same period last year. Combined with cost reductions and the surge in urgent orders, this created a positive impact. Taking all these factors into account, overall performance for the first half of the year grew by approximately 9% compared to the same period last year. However, this growth is primarily a short-term phenomenon, and the market remains uncertain. Future trends will require close monitoring of U.S. tariff policies and the recovery of demand. | ☑ The United States announced a temporary 20% tariff on imports from Taiwan effective August 1, which will come into force on August 7. Combined with recent exchange rate losses due to the appreciation of the New Taiwan Dollar, this has imposed additional operational costs on our business. These developments not only directly increase the import costs for our clients but also squeeze our already limited profit margins. Moving forward, we will need to evaluate order conditions and pricing strategies more cautiously to respond to external uncertainties and cost pressures. It is worth noting that Taiwan is an export-oriented economy. Even domestic market clients often produce goods primarily for export, making them indirectly affected by international market fluctuations. |
| Rush orders received during the tariff grace period were gradually shipped out before the end of July. As we enter August, the market has entered a wait-and-see phase. Our current proactive strategies include targeting U.S. customers who previously sourced from China and encouraging them to shift orders to Taiwan. At the same time, we are accelerating our expansion into emerging markets beyond the U.S. and strengthening our presence in the domestic market to mitigate risks and maintain operational stability. |
0PC
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Operation Situation of Building Materials Unit in 2025
| First half Operation Review | Second half Operating Outlook |
|---|---|
| ☑ With ongoing geopolitical tensions, the Russia-Ukraine war unresolved, renewed conflict between Israel and Iran, and uncertainties surrounding new U.S. tariffs under Trump, raw material prices have been highly volatile. This has led to surging agricultural prices and limited declines in oil prices. Domestically, due to the government's mortgage restrictions, investment in the housing market has turned cautious. Overall, the economic outlook is expected to shift from stable to slightly weaker. However, with the Lunar New Year falling in January, a surge in pre-holiday production, post-holiday resumption, and a strong housing market in March led to better-than-expected shipments in the construction and real estate sectors. At the same time, public infrastructure projects remained stable, and private investment continued to gain momentum from the green energy and tech industries, resulting in a strong performance in the first half of the year. | ☑ Uncertainty surrounding US tariffs and the escalating conflict between Israel and Iran are driving up oil prices, driving a short-term rush for downstream buyers. However, once the tariff deferral expires and the early rush fades, demand will cool significantly. The domestic real estate market, driven by the New Preferential Housing Loans for the Youth policy, is driving developers to finance land purchases. This policy mandates that construction commence within 18 months of securing financing. Unable to secure land, builders were forced to commence construction in the second half of the year. However, the subsequent downturn in the real estate market has led to a sharp drop in the number of property viewings. Coupled with the ongoing labor shortage, construction progress has also slowed significantly. Consequently, economic activity is expected to gradually slow in the second half of the year. |
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| First half Operation Review | Second half Operating Outlook |
|---|---|
| ☑ Over the past two years, we have actively participated in exhibitions across Europe and the U.S. while identifying potential customer segments. This led to a strategic realignment of our product development direction, which gained recognition from some target customers. As a result, revenue began to show signs of improvement starting in Q2 2024. Growth from new projects also started to emerge toward the end of Q1 2025. Inventory within the supply chain has been fully cleared. However, changes in U.S. tariffs, ongoing regional conflicts, and Europe’s energy crisis have tightened market conditions, impacting some existing orders and offsetting growth momentum. Nevertheless, the increase in orders driven by inventory clearance contributed to stronger performance in the first half of 2025 compared to the previous year. | ☑ Due to the partial recognition of the new product project by a portion of the customer base, revenue has gradually improved since last year, and this growth is expected to continue into the second half of this year. However, due to factors such as the Russia-Ukraine and Israel-Iran conflicts, changes in U.S. tariff policies starting in April, and rising energy costs in Europe, revenue growth will still be impacted and fall short of expectations. Therefore, in the second half of the year, the company plans to participate in specific market exhibitions to expand its customer base and collaborate with new customer groups at these exhibitions to develop new markets and product categories. These activities will be conducted with a focus on risk management through diversification of product market segments. |
0PC 大洋塑膠 OCEAN PLASTICS CO., LTD. SINCE 1965
Operation Situation of PVC Raw Materials Unit in 2025
| First half Operation Review | Second half Operating Outlook |
|---|---|
| ☑ Due to increased production capacity in China and the impact of the tariff war, PVC powder sales volume decreased by 34.5% compared to the same period last year, with sales revenue down by 38.74%. Operating profit saw an increased loss of 8.08% year-over-year. | |
| As for pellets, sales volume reached approximately 102.8% of last year's level, while sales revenue was about 86.9%. The main reason was lower raw material prices compared to the same period, resulting in a 61.3% decrease in profit year-over-year. | ☑ PVC powder sales are limited by the impact of increased production capacity in China. |
| Thus, current sales and unit prices are low. It is expected that after the US announces all tariffs, downstream finished products will seek suitable production bases. Sales and unit prices will rebound after India's anti-dumping duties are announced in due course. | |
| General PVC pellets are expected to remain stable. Sales of environmentally friendly pellets are currently facing the risk of customers switching materials, so efforts are being made to maintain their business presence to avoid impacting overall sales and profits. |
9
大洋塑膠
OCEAN PLASTICS
SINCE 1965
Business Performance
The last two years' revenue by product category
Unit: NTD10,000
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大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Business Performance Consolidated revenue for the last five years
Unit: NTD1,000,000
11
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Business Performance
Consolidated income statement
Unit: NTD1,000
| 2024(1~6) | 2025(1~6) | Increased (reduced) amount | Change % | |
|---|---|---|---|---|
| Net Operating Revenue | 2,445,382 | 1,944,585 | -500,797 | -20.48% |
| Cost of Goods Sold or Manufacturing Costs | 2,244,585 | 1,776,212 | -468,373 | -20.87% |
| Gross Profit | 200,797 | 168,373 | -32,424 | -16.15% |
| Operating Expenses | 197,833 | 187,184 | -10,649 | -5.38% |
| Operating Income (loss) | 2,964 | -18,811 | -21,775 | -734.65% |
| Non-operating Expense or Loss | 237,044 | -56,792 | -293,836 | -123.96% |
| Profit (loss) from continuing operations before tax | 240,008 | -75,603 | -315,611 | -131.50% |
| Income Tax Expense | 52,315 | 57,426 | 5,111 | 9.77% |
| Profit (loss) from continuing operations | 187,693 | -133,029 | -320,722 | -170.88% |
| Profit (loss) from discontinued operations, net of tax | ||||
| Net Income(net loss) | 187,693 | -133,029 | -320,722 | -170.88% |
BPC 大洋塑膠 OCEAN PLASTICS CO., LTD. SINCE 1965
Reinvestment Benefits
- Chun Pin Enterprise Co., Ltd.: The main business is warehousing and logistics.
- Taiwan VCM Corporation: The main business is VCM raw materials trading.
- Fuzetec Technology Co., Ltd.: The main products are Resettable Fuse, Custom Products
- E'Dale Technology Co., Ltd.: The main products are epoxy resin materials for electronic product encapsulation and epoxy resin materials for IC packaging.
There are stable dividend income from above re-investment companies.
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BPS
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
In line with international standards
◆ The Company has completed its 2024 ESG Report in June 2025 and the Board of Directors has recognized its adoption.
Information related to this report:
1- The contents are prepared in accordance with the version 2021 of the GRI guidelines.
2- Disclosure of sustainability indicators and climate-related information in accordance with regulations.
3- Conducted greenhouse gas inventory in advance and introduced product carbon footprint inventory in a sequential manner.
4- Checked by ESG certification company and issued a declaration of assurance.
For the full report, please visit the company's website:
https://www.opc.com.tw/.
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大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Revitalization of Urban Renewal Project on Land Xinglong Section
Location
- The intersection of Xinglong Road and Xingshun Street in the Wenshan District of Taipei City.
Base area
- Land No. 300, Sec. 3, Xinglong Section, Taipei City
- Land area: 397.18 square meters (1,313M²); OPC holds 1/2
- Urban renewal project area: 1125.60 square meters (3,721M²)
Progress of urban renewal
- In May 2024, an urban renewal joint construction contract has been signed with Kans Corp.
- The project was officially filed with the Taipei City Government for urban renewal in March 2025.
- Public sales are expected to begin in 2028.
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
Revitalization of Assets - Zhonghe Land Development Project
Location
- Sec. 2, Zhongshan Rd., Zhonghe Dist., New Taipei City
Base area
- The original land area is 15,730 Pings. After deducting 37% of the donated land, the actual development project area is 9,912 Pings. (32,767M²)
Project progress
- City rezoning project completed
- In December 2023, a joint construction contract was signed with Forworld Group--Fuyu Development And Construction Co., Ltd.
- The project was filed with the New Taipei City Government for building permit and urban planning review in May 2025.
- Public sales are expected to begin in Q1 of 2027.
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End of this report
Thanks
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965
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Q & A
OPE
大洋塑膠
OCEAN PLASTICS CO., LTD.
SINCE 1965