Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

QPC Interim / Quarterly Report 2018

Dec 14, 2018

52421_rns_2018-12-14_e0156d74-3f9f-4983-9151-4f3a49440de3.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

CH2-O-C-CH=CH2 O HO-CH2-C-CH2-O-C-CH=CH2 O CH2-O-C-CH=CH2 O

==> picture [97 x 97] intentionally omitted <==

CH2=CH-C-O-CH2 O CH2=CH-C-O-CH2-C-CH2CH3 CH2-O-C-CH=CH2 O O CHHO-2= C HH-C-O-CH2-C-CH2-O-C-CH=CH2 2 CHO 2-O-C-CH=CHO 2 O

==> picture [503 x 92] intentionally omitted <==

主講人:
蔡志翔  博士
何印唐  財務主管

Stock Code: 4722

Last update: 201812

Copyright © 2018 QPC. All rights reserved.

Disclaimer

This presentation is prepared according to the reviewed financial statements by CPA and the financial numbers hereby are based on IFRS, please refer to the published financial statements for full content. The presentation may contain forward-looking information and may differ materially from the actual results. TSI does not warranty as to the accuracy or completeness of such information and nor assume any undertaking further information becomes available or in light of changing circumstances. You shall not place undue reliance on any forward-looking information.

==> picture [698 x 56] intentionally omitted <==

Copyright © 2018 QPC. All rights reserved.

財務 Statement of Comprehensive Income (Consolidated) 概況

In thousands of NTD

Item 2018Q1-Q3 2017Q1-Q3 %
• Total operating revenue
• Gross profit (loss) from operations
• Gross margin(%)
• Total operating expenses
• Net operating income (loss)
• Net operating profit margin(%)
• Total non-operating income and expenses
• Profit (loss) from continuing operations before tax
• Profit (loss) from continuing operations
• Profit margin(%)
• Earnings Per Share
• Sales volume(tons)
3,654,790
549,892
15.05%
299,704
250,188
6.85%
39,008
289,196
207,470
5.68%
2.07
46,842
3,653,857
566,311
15.50%
298,938
267,373
7.32%
16,374
283,747
228,712
6.26%
2.29
52,679
-
-2.90%
-2.90%
0.26%
-6.43%
-6.42%
138.23%
1.92%
-9.29%
-9.27%
-9.61%
-11.08%

Copyright © 2018 QPC. All rights reserved.

財務 概況 [Sales Ratio by Products ]

概況 y y y y
In thousands of NTD
Products 2018 Q1-Q3 2017 Q1-Q3
Sales Revenue Ratio Sales Revenue Ratio
UV Curable
Materials
1,924,031 52.64% 1,812,340 49.60%
Unsaturated
Polyester Resins
990,470 27.10% 998,140 27.32%
Coating Resins 600,417 16.43% 698,088 19.11%
Others 139,872 3.83% 145,289 3.97%

Copyright © 2018 QPC. All rights reserved.

財務 概況 [Sales Ratio by Markets ]

In thousands of NTD

概況 y y In thousands of NTD In thousands of NTD
Markets 2018 Q1-Q3 2017 Q1-Q3
Sales Revenue Ratio Sales Revenue Ratio
Domestic Sales 716,211 19.60% 719,117 19.68%
China 798,407 21.85% 783,641 21.44%
EU / US 949,639 25.98% 940,192 25.73%
ASEAN 615,466 16.84% 653,633 17.89%
Others 575,067 15.73% 557,274 15.26%

Copyright © 2018 QPC. All rights reserved.

財務 概況

Statement of Financial Position (Consolidated)

In thousands of NTD

Item 2018 Sep. 30 2017 Dec. 31 2017 Sep. 30
Cash and cash equivalents 206,649 174,647 107,132
Notes receivable, net and Accounts receivable,
net
1,117,328 1,274,215 1,267,672
Current inventories 916,238 845,072 825,678
Property, plant and equipment 922,379 908,688 917,334
Total current liabilities 1,155,052 1,235,245 1,205,698
Total non-current liabilities 89,004 70,216 70,403
Total equity attributable to owners of parent 2,402,933 2,340,999 2,289,204

Copyright © 2018 QPC. All rights reserved.

財務 概況

Statement of Cash Flows (Consolidated)

財務
概況
Statement of Cash Flows (Consolidated)
財務
概況
Statement of Cash Flows (Consolidated)
財務
概況
Statement of Cash Flows (Consolidated)
In thousands of NTD
Item 2018 Q1-Q3 2017 Q1-Q3
Net cash flows from (used in) operating activities 177,716 (89,831)
Net cash flows from (used in) investing activities (60,363) (17,933)
Net cash flows from (used in) financing activities (77,919) 58,070
Effect of exchange rate changes on cash and cash
equivalents
(7,432) (12,812)
Net increase (decrease) in cash and cash
equivalents
32,002 (62,506)

==> picture [698 x 56] intentionally omitted <==

Copyright © 2018 QPC. All rights reserved.

營運 展望

Current Business

==> picture [94 x 95] intentionally omitted <==

==> picture [94 x 95] intentionally omitted <==

==> picture [95 x 95] intentionally omitted <==

UV curable materials

Unsaturated Polyester Resins

Coating Resins

 Monomers

 Oligomers

 Others

  • Casting

  • Fiberglass-Reinforced Composite Materials

  • SMC/BMC

 Alkyd Resin

  • Acrylic Resin

==> picture [698 x 56] intentionally omitted <==

Copyright © 2018 QPC. All rights reserved.

營運 展望

New Business (Specialty)

==> picture [86 x 87] intentionally omitted <==

Adhesives for PV module

==> picture [86 x 87] intentionally omitted <==

Adhesive for ALF

==> picture [86 x 86] intentionally omitted <==

Special adhesives

==> picture [86 x 86] intentionally omitted <==

Special acrylate resin

==> picture [698 x 56] intentionally omitted <==

Copyright © 2018 QPC. All rights reserved.

營運 展望

New Business (Adhesives for PV module)

Backsheet Structure

PV Module Structure

==> picture [401 x 242] intentionally omitted <==

----- Start of picture text -----

Glass
Fluorinated Layer
(Cell side)
Seal
Adhesive
Photovoltaic
PET-Film
Seal
Adhesive
Backsheet
Fluorinated Layer
(Outer)
----- End of picture text -----

Technical Bottleneck 1. Excellent Initial Adhesion

2. Long-term Hydrolysis resistance 3. Excellent Moisture Barrier Properties

4. Yellowing Resistance

5. Weather Resistance

==> picture [698 x 56] intentionally omitted <==

Copyright © 2018 QPC. All rights reserved.

==> picture [85 x 84] intentionally omitted <==

----- Start of picture text -----

營運
展望
----- End of picture text -----

New Business (Adhesives for PV module)

==> picture [802 x 330] intentionally omitted <==

----- Start of picture text -----

New installation (GW)
120
Global China
100 99
76.6
80
50.1
60
40.2 53.06
38.35
34.54
40 30.01
15.13
20 12.92 10.6
4.28
0
2012 2013 2014 2015 2016 2017
----- End of picture text -----

Source: MarketsandMarket (2018)

Copyright © 2018 QPC. All rights reserved.

營運
展望

New Business (Adhesive for ALF)

==> picture [800 x 334] intentionally omitted <==

----- Start of picture text -----

Outer Inner
BOPA Adhesive Foil Adhesive PP Electrolyte
Cost Structure of Lithium Battery
Technical Bottleneck
10%
18%
ALF 1. Excellent Barrier Properties
Cathode material 2. Good Cold stamping
25% Anode material
3. Puncture Resistant
Electrolyte
4. Stability against Electrolyte
Isolation Film
30%
5. Heat Resistance
Others
6. Good Insulation
10%
7%
----- End of picture text -----

1. Excellent Barrier Properties

2. Good Cold stamping 3. Puncture Resistant 4. Stability against Electrolyte 5. Heat Resistance 6. Good Insulation

Source: MarketsandMarket (2018)

Copyright © 2018 QPC. All rights reserved.

==> picture [865 x 439] intentionally omitted <==

----- Start of picture text -----

營運
New Business
(Adhesive for ALF)
展望
250 2500
2,351
Pouch Market (GWH)
Market size (Million Dollars in USD)
200 2000
150 1500
1,126
100 1000
371
50 500
285
200
128
100
0 0
2016 2017 2018 2019 2020 2025 2030
----- End of picture text -----

Source: MarketsandMarket (2018)

Copyright © 2018 QPC. All rights reserved.

Q&A

Feel Free to contact:

+886-7-6236199

+886-7-6244228

82841 No.2, Yong Gong 5[th] Rd., Yong An Dist., Kaohsiung City, Taiwan [email protected] http://www.qualipoly.com.tw

Copyright © 2018 QPC. All rights reserved.