SAKURAD — Investor Presentation 2021

Dec 28, 2021

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SAKURA ARCH 2021 Institutional Investor Conference Stock Code：2539 2021.12.28

Disclaimer

The prospective information provided in this presentation is based on the Company’s information and current overall economic developments. Some information may be affected by uncertain factors in the future, which may differ from the Company’s original prospects. Refer to the information published on the Market Observation Post System (MOPS) for any future changes or adjustments. The Company is not responsible for updating or revising the content of this presentation.

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Agenda

I. Company Profile

II. Financial Information

III. Business Activities

IV. Prospects

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I. Company Profile

Company history: Est. May 2, 1987 & Listed July 16, 1997

Paid-in capital: NT$6.39 billion

Chairman: Mr. Cheng-Gang Chen

President and Spokesperson: Mr. Shih-Ying Chen

Main business activities:

The company is mainly involved in the leasing and selling of multifamily residential buildings.

Important event:

Issuing of the 2020 Corporate Social Responsibility Report

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II. Financial Information

Individual Financial Statement

Unit: NT$1,000

Year Item	2018	2019	2020	2021Q1~Q3
Operatingrevenue	3,792,103	7,431,114	4,616,492	2,152,627
Gross operating profit	22.95%	28.75%	32.66%	33.88%
Operatingexpenses	341,136	484,848	456,698	262,748
Net income	450,294	1,488,505	822,140	338,341
Netprofit margin	11.87%	20.03%	17.81%	15.72%
Total assets	12,555,824	13,653,210	18,142,845	21,788,609
Total liabilities	6,794,080	6,420,010	10,375,684	13,737,937
Total equity	5,761,744	7,233,200	7,767,161	8,050,672
Share capital	4,082,428	4,637,887	5,589,173	6,398,681
EPS (NT$)	1.10	3.22	1.48	0.53
Cash dividend (NT$/ per share)	0.20	1.00	0.20	-
Stock dividend (NT$/per share)	1.30	1.90	1.40	-
Payout ratio	136%	90%	108%	-

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III. Business Activities

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Construction projects completed in 2021
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Construction in progress
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Construction projects completed in 2021

No.	Projects	Area	Total units	Total amount in sales (NT$100 million)	Sales rate
1	Sakura Kingdom - Cambridge Garden	Taipin District, Taichung City	251	21	100%
2	Sakura Heroes Association	Beitun District, Taichung City	87	9	100%
3	Sakura Heroes Society	Taipin District, Taichung City	161	12	100%

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Sakura Kingdom - Cambridge Garden

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Sakura Heroes Association

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Sakura Heroes Society

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Construction in progress

No.	Projects	Area	Total units	Total amount in sales (NT$100 million)	Sales rate (as of Dec. 20)	Year of estimated completion
1	Sakura Giant	Beitun District, Taichung City	309	32	100%	2022
2	Sakura Kingdom - Oxford Garden 2	Taipin District, Taichung City	260	21	100%	2022
3	Sakura Just Right	Taipin District, Taichung City	178	23	100%	2022
4	Sakura Kingdom- London Garden 3	Taipin District, Taichung City	327	37	61%	2023
5	Sakura Rain	Guishan District, Taoyuan City	108	10	100%	2022
6	Sakura Blossom	Zhongli District, Taoyuan City	201	23	98%	2022

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Sakura Giant Sakura Rain
Sakura Kingdom –
Oxford Garden 2 Sakura Just Right Sakura Kingdom – Sakura Blossom
Oxford Garden 3
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※ The sales rate is calculated by dividing the number of units sold by total number of units

Construction in progress

No.	Section	Area	Lot Size	Estimated sales volume (NT$100 million)	Year of estimated completion	Year of estimated completion	Year of estimated completion	Year of estimated completion
					2023	2024	2025	2026
1	Hou Long Zi Lot	West District, Taichung City	697m²	24
2	Niu Chou Zi Lot	Changhua City, Chuanghua County	1,535m²	22
3	Shi Zhen North Lot	Qingshui District, Taichung City	1,821m²	33
4	Bei Xin Lot	Dali District, Taichung City	1,922m²	37
5	Xin Rong He Section- Phase 2	Wuri District, Taichung City	671m²	10
6	Yu Xian Lot - Phase 8	Taipin District, Taichung City	3,216m²	56
7	Dong Guang Lot	Beitun District, Taichung City	1,240m²	26
8	Zhong Shan Lot	Changhua City, Chuanghua County	1,155m²	25
9	Tou Jia Lot - Phase 1	Tanzi District, Taichung City	1,024m²	12
10	Tou Jia Lot - Phase 2	Tanzi District, Taichung City	882m²	12
11	Xin Rong He Section - Phase 3	Wuri District, Taichung	2,937m²	44

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Construction in progress

No.	Section	Area	Lot Size	Estimated sales volume (NT$100 million)	Year of estimated completion	Year of estimated completion	Year of estimated completion	Year of estimated completion
					2023	2024	2025	2026
12	South Section of New Station- Phase 2	Wuri District, Taichung City	569m²	12
13	Zhi Yong Lot - Phase 1	Dajia District, Taichung City	740m²	8
14	Zhi Yong Lot - Phase 2	Dajia District, Taichung City	1,114m²	12
15	Small Section of Duan Shui Li She of Longjing	Longjing District, Taichung City	2,116m²	16
16	Ping dao Section	Yongkang District, Tainan City	1,088m²	21
17	Xin Guo Lot - Phase 3	Zhubei City, Hsinchu County	488m²	9
18	Xin Guo Lot - Phase 1	Zhubei City, Hsinchu County	1,044m²	19
19	Xin Guo Lot – Phase 2	Zhubei City, Hsinchu County	188m²	2
20	Touchongxi Section-Phase 2	Yangmei District, Taoyuan City	1,525m²	10
21	Fengxing Section	Zhongli District, Taoyuan City	913m²	15
22	Touchongxi Section-Phase 3	Yangmei District, Taoyuan City	2,100m²	14

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Prospects

Thank you for your comments Q&A

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