PCC — Interim / Quarterly Report 2021

Dec 15, 2021

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太平洋建設集團 太平洋集團 Pacific Construction Group

Building reputation on Building

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16th Dec. 2021

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Disclaimer

太平洋建設集團

Pacific Construction Group

• ➢ This presentation contains forward looking statements which are estimated based on the current status of Pacific Construction Company Ltd.and general economic conditions. The forward looking statements involve certain risk and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as economic costs of raw general conditions,foreign exchange fluctuations,rising

• materials,competitive products and pricing pressures and regulatory development.

• ➢ Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results,and will not necessarily be accurate indications of whether or not such results will be achieved.

• ➢ Pacific Construction Company Ltd.expressly disclaims any obligation to review, update or correct these materials after the date thereof. Pacific Construction Company Ltd. may update, amend, supplement or otherwise alter the information contained in any such materials by subsequent presentations, reports, filings or other means without notice. This presentation may not be stored, distributed, transmitted.

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太平洋建設集團
Pacific Construction Group
Company
Brief
Future Industry
Outlook Outlook
Financial Operation
Summary Summary
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Content

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Content

Pacific Construction Group

Company Brief

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太平洋建設集團 Pacific Construction Group

Company Brief ~ Introduce

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Company Brief Video

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太平洋建設集團

Pacific Construction Group

Company Brief ~ Introduce

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

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1980
• •
Company Capital
•
Company 3.87 billion
Set up
Listed(2506)
1967 2021
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Chairman ： Mr. Liu, I-Yee

Executive Director ： Ms. Lei Chien

President ： Mr. Chen Chin-Hui

Spokesman ： Mr. Chen Chin-Hui

Address ： No.495, Sec.1, Guangfu S. Road Taipei Telephone ： +886-2-27225051

Website ： www.pacific-grup.com.tw

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太平洋建設集團

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Pacific Construction Group ～ Company Brief Structure

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Shareholder
s
Board of
Audit Committee Directors
Audit Dep.
Remuneration Committee
Chairman
Executive
Director
Project Development
S t ock Affairs Dep.
Purchasing Team President
IT Team L e
gal Dep.
Sales Development Dep. MIS Dep. Accounting Dep.
Construction Dep. Finance Dep. Human Resource
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太平洋建設集團

Pacific Construction Group

Company Brief ~ Introduce

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Real Estate Management Business

Development Business

Department Store Retail Business

Construction Business

Leisure Life Business

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太平洋建設集團

Content

Pacific Construction Group

Industry Outlook

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太平洋建設集團

Pacific Construction Group

Industry Outlook Economic

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

International Situation

• U.S., China, and Europe have successively recovered and even entered expansion.

• FED reserve initiates the quantitative easing (QE) exit mechanism.

Domestic Economy

• Increasing demand for exports boosts Taiwan’s export performance.

• The escalation of the pandemic has triggered the government to adopt strict prevention measures and people’s concerns have impacted the performance of the domestic service industry.

Economic Indicator

• Taiwan Economics Institute forecast report on 2021/11/8. Due to bright exports and investment, economic growth rate was revised up to 6.1% in 2021.

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太平洋建設集團

Pacific Construction Group

– Industry Outlook Real estate

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Real Estate Market • The increase in funds and the strong performance of the Taiwan dollar, the inflow of funds into real estate, and the increase in housing prices and volumes.

• Supported by the steady economic situation in Taiwan, land purchases continue to increase.

• Raw materials and wages have risen, and construction costs have increased.

Banking

• After the exit of QE, interest rates are under pressure to increase, which will increase the interest payment in the medium term.

• Continued to be supervised by the competent authority for credit granting, and was recently taken over the real estate guarantee business to plug the loopholes of "real estate speculation.

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Policy

１

Company Brief Industry Outlook

太平洋建設集團 Pacific Construction Group • – 央行總裁楊金龍親自主持，會中宣布了打房四大調整政策 Industry Outlook 4 Policies of center bank

Operation Summary Financial Summary Future Outlook

Illustrate

Implement selective credit control in the housing market, regulations on land purchase loans, limit the number and no grace period. （Dec.2020）

In order to prevent excessive credit resources from flowing to the real estate market, further control the real estate credit risk of ２ financial institutions, and limit the proportion of loans to some real estate or objects. （Mar.2021）

３

Regulate the second house purchase loan for natural persons in specific areas without grace period. （Sep.2021）

４

Develop a three-tier mortgage interest rate system. （Oct.2021）

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

太平洋建設集團 Industry Outlook Pacific Construction Group – Operation Summary Industry Outlook Financial Summary Future Outlook Restate Challenge in 2022 GDP will be 4.10% in 2022 compare 2021 is 6.10% will reduce 2%

Policy Illustrate １ QE scale reduction & fund recovery. ２ Inflation & construction costs increase. ３ Interest rate increase pressure. ４ Does the protein region's upward momentum continue? ５ Pre-sale market false demand. Is the government's policy against speculation ６ upgraded? ７ Increased cross-strait conflict.

資料來源:地產天下

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Content

Pacific Construction Group

Operation Summary

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Pacific Construction Group

－ Operation Summary Project Schedule

Short term Plan
Sunny Four Seasons(1)
Dunnan Elegance House Project
Yilan Jianye Project
Sunny Four Seasons(2)

Medium term Plan
Sunny Four Seasons(3)(4)
Xindian Bairen St. Urban Renew
Green Bay Villa Project

Long term Plan
Yunong Market Urban Renew
Zhao-An St. Urban Renew

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Company Brief
～
Industry Outlook
Operation Summary
Financial Summary
P Future Outlook
R
O
G
R
E
S
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Hand
planning Sales Construction
over
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～ Developing Project Sunny Four Seasons (1)

太平洋建設集團

Pacific Construction Group

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Address ： Samin Rd. Yangmei Taoyuan Area ： 2,763 Pin Floor Design ： Villas & Double detach Existing Progress ： Building up public facility & Phase 1

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

～ 太平洋建設集團 Developing Project Pacific Construction Group Dunnan Elegance House Project

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P Future Outlook
R
O
G
R
E
S
S
Hand
planning Sales Construction
over
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Address ： Sec. 1, Dunhua S. Rd. Taipei Area ： 98.92 Ping Floor Design ： 12Floor/B2 1 Block suite product Existing Progress ： Pre-sale

太平洋建設集團

Pacific Construction Group

～ Developing Project Yilan Jianye Project

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

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planning Sales Construction
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Address ： Yian City Jianye Sec. Area ： 600 Ping Floor Design ： Villas & Condominium Existing Progress ： Acquiring land rights

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～ Developing Project Sunny Four Seasons (2)

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

太平洋建設集團

Pacific Construction Group

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P
R
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S
S
Hand
planning Sales Construction
over
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太平洋建設集團

Pacific Construction Group

～ Developing Project Sunny Four Seasons (3)(4)

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

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On the progress, after
Completed phase1 & 2 will
develop Phase 3 & 4 and
total area is 6,942 ping.

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太平洋建設集團

Pacific Construction Group

～ Developing Project Xindian Bairen St. Project

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Adopt the old Building
reconstruction application,
Our company has the status
of landlord and builder.

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

～ 太平洋建設集團 Developing Project Pacific Construction Group Green Bay Villa Project

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P
R
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planning Sales Construction over
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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

太平洋建設集團

～ Developing Project Pacific Construction Group Shilin Yunong Market Urban Renew

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P Future Outlook
R
O
G
R
E
S
S
Hand
Planning Design & Approve Pre-sale
renew plan Send urban construction over
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Address ： Yunong Rd., Shilin Dist., Taipei City Land area ： 2,235.17 Ping Design & planning ： Completed Progress ： Send urban renew plan pre-work

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

～ Developing Project - Zhao An St. urban renew

太平洋建設集團

Pacific Construction Group

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P
R Future Outlook
O
G
R
E
S
S
Hand
Planning Design & Approve Pre-sale
renew plan Send urban construction over
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Address ： Zhao’an St., Zhongzheng Dist., Taipei City

• •Land Area ： 358 Ping

• •Floor Design ： 15 Floor/4F basement Block, 66 houses/57 parking bays

• •Existing Progress ： Project plan review

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Content

Pacific Construction Group

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Financial Summary

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太平洋建設集團

Pacific Construction Group

Consolidated Income Statement

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Unit ： NTD Thousand

		2018	2018	2019	2019	2020	2020	2021 toQ3	2021 toQ3
		Amount	%	Amount	%	Amount	%	Amount	%
	Operating Revenue	1,626,127	100	834,419	100	2,949,552	100	1,448,751	100
	Operating Cost	867,909	53	467,152	56	2,042,997	69	957,895	66
	Gross Profit（Loss）	758,218	47	367,267	44	906,555	31	490,856	34
	Operating Expense	539,594	33	427,776	51	931,983	32	356,896	24
	Other operating revenue (expense)	(317)	-	387	-	1,872	-	-	-
	Operating Profit（Loss）	218,307	13	(60,122)	(7)	(23,556)	(1)	133,960	10
	Non-operating revenue (expense)	95,719	6	53,055	6	91,365	2	57,791	4
	Profit（Loss）before Tax	314,026	19	(7,067)	(1)	67,809	1	191,751	14
	Income Tax	76,537	5	42,065	5	33,415	1	37,224	3
	Current Profit（Loss）	237,489	15	(49,132)	(6)	34,394	-	154,527	11
	Other Comprehensive Income（Expense）	(94,337)	(6)	32,617	4	11,312	1	11,680	-
	Total Comprehensive Income	143,152	9	(16,515)	(2)	45,706	1	166,207	11
	Net profit (loss) attributable to Owner of the Parent	182,892	11	(90,762)	(11)	(54,669)	(3)	90,852	7
	Net profit (loss) attributable to non-controlling interest	54,597	3	41,630	5	89,063	3	63,675	4
	Comprehensive income attributable to Owner of the Parent	146,517	9	(78,706)	(9)	(47,446)	(2)	104,698	6
	Comprehensive income attributable to non-controlling interest	(3,365)	-	62,191	7	93,152	3	61,509	4
	Basic earnings per share（NTD）	0.51		(0.25)		(0.15)		0.25

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太平洋建設集團

Pacific Construction Group

Consolidated Balance Sheet

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Unit ： NTD Thousand

		2018	2018	2019	2019	2020	2020	2021 Q3	2021 Q3
		Amount	%	Amount	%	Amount	%	Amount	%
	Current Assets	8,189,319	52	8,267,451	51	8,351,106	58	7,884,752	56
	Non-Current Assets	7,527,949	48	7,689,923	49	6,146,525	42	6,127,617	44
	Total Assets	15,717,268	100	15,957,374	100	14,497,631	100	14,012,369	100
	Current Liabilities	4,569,063	29	5,133,893	32	4,147,464	29	4,683,748	33
	Non-Current Liabilities	2,455,588	15	2,229,797	14	1,733,037	12	722,717	5
	Total Liabilities	7,024,651	44	7,363,690	46	5,880,501	41	5,406,465	38
	Share Capital	3,870,000	25	3,870,000	24	3,870,000	27	3,870,000	28
	Capital Surplus	371,439	2	371,732	2	371,732	2	381,910	3
	Retain Earnings	2,186,679	14	2,019,875	13	1,965,939	14	1,902,516	13
	Other Equities	755,369	5	781,547	5	788,037	5	801,358	6
	Treasury Stock	(193,207)	(1)	(193,207)	(1)	(193,207)	(1)	(193,207)	(1)
	Total equity attributable to Parent	6,990,280	45	6,849,947	43	6,802,501	47	6,762,577	49
	Non-Controlling Interest	1,702,337	11	1,743,737	11	1,814,629	12	1,843,327	13
	Total Equities	8,692,617	56	8,593,684	54	8,617,130	59	8,605,904	62
	Net value per share (NTD)	19.33		18.95		18.81		18.70
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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

太平洋建設集團

Pacific Construction Group

Revenue Breakdown Analysis

Operation Department Income Analysis

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Building management
Unit ： NTD Million
and other
978
13%
1000
800
Department store
17%
600
400 221 243 221
183
138
200 44 50 Leasing
3% Construction
0 67%
Construction Leasing Department Building
store management
and other
2021 to Q3 2020 to Q3
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• Due to construction department completed pacific forest projects in 2020 Q4 & 2021, the operating income increased compared to 2020 Q3.

• Department store revenue has been affected by Covid-19 for two years. The department store business has actively adjusted its operating strategies.

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Content

Pacific Construction Group

Future Outlook

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太平洋建設集團 Pacific Construction Group

Business Groups

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

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Pacific
Construction
Pacific Health
Pacific
Department
Realtor
Store
life
Hot spring
Hotel
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太平洋建設集團 Pacific Construction Group

Future Core Business

Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Construction
Leisure life service

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ＥＳＧ

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

ＥＳＧ

Pacific Construction Group

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Pacific Forest-Green Building Silver Award

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

Pacific Construction Group

ＥＳＧ

2021/11/21 Wanjinshi Marathon Venue Sponsor

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Provided Wanjinshi Marathon Venue on 21/Nov/2021

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Pacific Construction Group

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

ＥＳＧ

The Perpetual Inheritance of Historical Buildings-
Residential Exhibition of Taiwan History Museum

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Pacific Construction Group

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Company Brief Industry Outlook Operation Summary Financial Summary Future Outlook

ＥＳＧ

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Participate in social
responsibility and
environmental
protection
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太平洋建設集團

Pacific Construction Group

Pacific Construction Company LTD.

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President : Mr. Chen Chin-Hui +886-2-2722-5051ext. 300 ahui.pcc@gmail.com

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