SANITAR Co., Ltd.
Stock Code 1817
By/ Tony Hsiao, President
Date: 2017.12. 20

Legal Disclaimer

The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Sanitar or other parties.
Sanitar’s statements that are only historical and there are not any financial prediction.
Sanitar does not warranty their accuracy, reliability and completeness. There are a number of factors such as economic conditions, firms abilities, industry environment that could cause actual results and developments. Investors should not place undue reliance on them.

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Financial Results

Financial Results

(UNITS: In Thousands of New Taiwan Dollars)
| | | 2017 Q1~Q3 | 2016 Q1~Q3 | YoY |
| --- | --- | --- | --- | --- |
| Financial Results | Operation Revenue | 1,640,574 | 1,601,573 | 2.44% |
| | Gross Profit | 549,741 | 500,822 | 9.77% |
| | Profit from Operations | 238,549 | 225,124 | 5.96% |
| | Income Before Income Tax | 247,087 | 230,452 | 7.22% |
| Profitability Ratio | Return on Assets | 12.03% | 11.94% | 0.75% |
| | Return on Equity | 15.32% | 14.81% | 3.44% |
| | Operating Income to Capital Stock | 43.81% | 41.34% | 5.97% |
| | Profit Before Tax to Capital Stock | 45.37% | 42.32% | 7.21% |
| | Profit Margin | 10.96% | 10.34% | 6.00% |
| | Earnings Per Share | 2.48 | 2.28 | |

Financial Results

	Consolidated comprehensive income statements of past five years
	2016	2015	2014	2013	2012
Operating Revenue	2,222,489	2,203,488	1,948,053	1,736,983	1,439,890
Debt to Total Assets	21.12%	18.90%	18.45%	20.73%	25.15%
Current Ratio	345.97%	361.20%	401.80%	371.30%	265.70%
Quick Ratio	203.16%	199.16%	225.78%	242.40%	130.24%
Return on Equity	16.06%	15.98%	13.49%	14.46%	12.42%
Profit Before Tax to Capital Stock	46.67%	44.31%	33.11%	31.03%	23.94%
EPS	3.40	3.18	2.51	2.54	1.87
Average stock price	38.44	35.27	33.64	36.46*	-
P/E Ratio	11.31	11.09	13.40	14.35	-

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*：2013.10.24 IPO

Consolidated comprehensive income statements of past three years

(UNITS: In Thousands of New Taiwan Dollars)

Chart

Category	2014	2015	2016	2017
Jan	150975.0	213771.0	224834.0	171907.0
Feb	91863.0	96844.0	94381.0	97472.0
Mar	147610.0	172825.0	186514.0	223870.0
Apr	163830.0	177375.0	183380.0	178215.0
May	166681.0	183969.0	182430.0	205137.0
Jun	159523.0	173486.0	180267.0	184133.0
Jul	172388.0	179465.0	179345.0	186000.0
Aug	165001.0	178121.0	196723.0	208995.0
Sep	168375.0	184922.0	173699.0	184587.0
Oct	180190.0	188286.0	177351.0	195890.0
Nov	180033.0	206818.0	205717.0	209797.0
Dec	201585.0	247605.0	237849.0	None
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