SDI — Interim / Quarterly Report 2021

Nov 30, 2021

SDI Corporation ( 2351:TT SDI )

1

SDI at a Glance

Business Segments

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Stationery Stationery
17% 15%
Electronic Electronic
83% 85%
2020 3Q21
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Financial Performance
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Employees

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Total 2,568 employees worldwide
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R&D center : 140 engineers
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Market Position
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Leadframe Power L/F Stationery
No.1
No.4 No.1
Taiwan
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資料來源 : SEMI Industry Research and Statistic , April 2020

2

Company History

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SDI was elected
Shuen Der
Manufactory “ Asia Top 100
was founded by The Electronic Technology Company ” 5th Taiwan
Mr. S.C. Chen
Component Nantou Plant Mittelstand
Division was established expansion DG material production alliance with Mitsubishi CertificatedISO500001、 Award
Shindoh CSR system
60th anniversary
1967 1996 1998 2007 2012 2015 2018
1953 1983 2005 2010 2013 2016 2019
Public
listing in
Taipei,
Taiwan China plant
#2351 SDI expansion
The company
name was Established SDI
changed to Charity INGENUITY
foundation
SDI Corporation China plant win “IF” design & 25th National Quality
began I-PULO win “IF” “good design” Award Business
operation design award award Excellence Award
LEED Gold Certification
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3

Global Locations

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Menton, France
Osaka, Japan
Sales office
Sales office
Tokyo , Japan
Sales office
Virginia, USA
Sales office
Jiangsu, China Plant
工廠
Changhua, Taiwan
銷售辦事處
Headquarter
Nantou, Taiwan
SDI Plant , TBT , CSM
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4

Quality System Certification

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• CSR 2020 Certified 2021

• IECQ HSPM QC 080000:2017 Certified 2021

• IATF16949:2016 Certified 2021

• ISO 45001:2018 Certified 2020

• CNS 45001:2018 Certified 2020

• ISO 9001:2015 Certified 2020

• ISO14001:2015 Certified 2020

• ISO 50001:2018 Certified 2020

• AEO Certified 2013

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5

Electronic Products Applications

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Automotive Industry • Motor control units
• Home applications : Air conditioners ,
washing machines , Micro wave
• Traction : High speed train ,subway power Unit
• 5G base station
• Comfort & Control ADAS Application
• ICE Powertrain • Radar system
• xEV e-Power train • Body system
• Parking Brake • Steering & Suspension • Computing ,
• BMS • Sensor Consumer • Mobile device
• DSC-Inverter • Powertrain • Power charger
• Security : smart card
• VCM Spring
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6

Our Future Trend

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World Market Position
MHT
10.8%
Others CWT
34.8%
9.5%
US$
3,174M Shinko
8.3%
SDI
ASM 7.4%
Pacific
7.4%
Power Market Position
SDI
16.9%
Others
38% Jihlin
US$ 13%
733M
CWT
10.4%
TSP
Enomoto 9.5%
8.2%
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End Market Application
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Source : SEMI Industry Research and Statistics, April 2020

7

Our Future Trend

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8

Core competence

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Baseplate
Clip Sensor
2022 New
products
development
DSC
SMA/B/C
Power
HD
module
Riveting
0.08mm
HAIR
0.025mm
VCM
Emerging with SPRING
Excellent
Voice Coil Motor Spring
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9

Stationery Products

Correction Tape I-PUSH 2

Light Force Stapler

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• Retractable
correction patent
•
Easily retractable
•
Handy to carry
Clear shell correction
tape allows for checking
tape level
Roller tip design with
smooth and reliable correction.
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Innovative slide-
arm patent
Saving effort up to
50%
Flat clinch patent
can save 30％ paper
space
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Permanent Marker

Ti-coated scissors

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Refillable ink
Refillable Refill Bottle
Cartridge
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• S-Curve design patent

• • Reducing Cutting

• 75% force

• • Titanium-coated blades stay sharp beyond 500,000 cuts

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Ink feed system patent
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Quick-drying, light and water resistant.
For cardboard, paper, plastic,
glass, metal, wood, etc.
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Aluminium Diecast Grip Cutter

Riveted joint modeling enhances the stability

Automatic blade lock device can withstand up to 10KG of pressure

SK2+Cr Extreme Black blade for sharpness and durability

Tape Dispenser

Sound reduction patent Reducing noise by 15 dB

50% Less Effort

10

Our Customers

Leadframe

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Stationery

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11

Financial Performance

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EPS & DIVIDEND PAYOUT
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Return On Equity

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Revenue and Operating Margin

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12

Statements of Comprehensive Income

(In Thousands of NT$)	3Q21	2Q21	3Q20	3Q21 over 2Q21	3Q21 over 3Q20
Net Revenue	2,900,548	2,764,685	2,131,507	4.9%	36.1%
Gross Profit	554,938	560,613	352,901	-1.0%	57.3%
Gross Margin	19.1%	20.3%	16.6%	-1.1%	2.6%
OperatingExpenses	224,713	220,348	183,868	2.0%	22.2%
OperatingIncome	330,225	340,265	169,033	-3.0%	95.4%
Operating Margin	11.4%	12.3%	7.9%	-0.9%	3.5%
Non-operatingIncome	(2,063)	(35,039)	(25,302)	94.1%	91.8%
Net Income to Shareholders of the Parent Company	236,923	224,214	92,882	5.7%	155.1%
Net Profit Margin	8.9%	8.4%	5.1%	0.5%	3.7%
EPS (NT$)	1.30	1.23	0.51	6%	154.9%

13

Balance Sheets

(In Thousands of NT$)	2021.9.30	2021.9.30	2021.6.30	2021.6.30	2020.9.30	2020.9.30
	Amount	%	Amount	%	Amount	%
Cash & Marketable Securities 500,833 4 648,603 6					629,728	6
Accounts Receivable 2,183,316 18 2,131,134 18					1,658,560	16
Inventories 3,958,904 33 3,632,079 31					2,753,997	27
Net PP&E 4,589,980 38 4,441,214 38					4,375,300	43
Total Assets 12,158,542 100 11,727,661 100					10,256,396	100
Current Liabilities 3,622,748 30 3,318,672 29					2,190,351	21
Long-term Interest-bearing Debts 2,235,078 18 2,030,674 17					2,225,468	22
Total Liabilities 5,857,826 48 5,349,346 46					4,415,819	43
Total Shareholders' Equity 6,300,716 52 6,378,315 54					5,840,577	57

14

Q&A

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Thank you for listening.

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