SINON — Investor Presentation 2021

Aug 16, 2021

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2021

Sinon Corporation Investor Conference

Stock Code：1712 2021/8/18

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01.Company Profile

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Basic Information

• Year Established:1955.

• Year Listed on TWSE: Dec./1989.

• Headquarter Location: Dadu Dist., Taichung, Taiwan.

• Chairman：Mr. HORNG PO-YEN.

• ：

• Paid-in Capital NT$4.205 Billion

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The 7[th] Corporate Governance Evaluation

SINON ranked Top 5% of TWSE-listed companies

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SINON ranked Top 5% of TWSE- or TPEx-listed mid-cap companies

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Top 5%

6% to 20%

21% to 35%

51% above[36% to 50% ]

Groups

Year

2016

2014 2015

2017 2018

2019

2020

 TWSE-listed companies Top 5%  TWSE- or TPEx-listed mid-cap companies Top 5%

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Business Scopes

Chemical Synthesis

• Working with World Renowned Multinationals to Advance the Production Process and Technology.

• Develop a Sustainable Environment.

Food Safety

• To Safeguard Foods and Fresh Produce Straight from the Grower to the Table.

• To Be the Reliable Provider of Safe, Healthy, Excellent & Quality Merchandises.

Biological Fermentation

 Microbiological Crop Protection Products.  02 ECO-Friendly. 01

Crop Protection  04 03

• Assisting Growers with Crop Protection Know-How to Harvest Fresh Safe Produce.

• Excellent-Quality Crop Protection Products.

• Global Presence.

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Business Scopes

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農友
米廠 興農流栽培管理 02 代耕
代噴業者
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Business Scopes

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Business Scopes

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Business Scopes

Safe Farms: JGAP Certified. TGAP Certified. Safe Application of Pesticides Technical Support Team.

Self-Laboratory. Rapid Screening for Pesticide Residues. Multiple Chemical Analysis. Self- Agricultural Technology. Educate Farmer Self- Experimental Contract Production. Farms.

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Business Scopes

TGAP Certified Organic Certified

Fruit and Vegetable Processing Plant: FSSC22000. HACCP. CAS Certified.

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Business Scopes

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榮獲
法國       驗證

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02.Financial Results

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Revenues by Products

Unit：% of sales

Jan.-Jul./2020 Sales NT$ 10.56 billion

Jan.-Jul./2021 Sales NT$ 11.15 billion

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Houseware & Other, 4.2% Houseware & Other, 4.1%
Foodservice, Foodservice,
11.4% 10.3%
Supermarket, Crop Supermarket, Crop
25.5% Protection, 26.4% Protection,
58.9% 59.2%
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(in 2020) Revenues by Region

Unit：% of sales

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4%
Europe
8%
9% North-East
Asia
China
11%
America 60%
8% Taiwan
Asia(Other)
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	Consolidated P/L Unit：NT$ billion，%
	Item 2020H1 % 2021H1 % YoY(%)
	Net Revenue 9.098 100.0% 9.557 100.0% 5.0%
	Gross Profit 2.476 27.2% 2.631 27.5% 6.3%
	Income from Operations 0.607 6.7% 0.622 6.5% 2.4%
	Income before Income Tax 0.481 5.3% 0.583 6.1% 21.3%
	Net Income 0.382 4.2% 0.476 5.0% 24.5%
	Net Income Attributable to : Shareholders of the Parent 0.378 4.2% 0.469 4.9% 23.9%
	Basic EPS(NT$) 0.90 1.11
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Profitability Analysis

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%	26.4%27.5%27.3% 27.1% 26.6%26.9% 27.5% 3.8% 4.0% 5.1% 5.2% 5.2% 5.6% 6.5% ~~2.0%~~ 3.5% 3.4% 4.0% 4.0% 4.1% 5.0% 0 2 4 6 8 10 12 14 16 18 20 2015 2016 2017 2018 2019 2020 2021H1 Q4Revenues Q3Revenues Q2Revenues Q1Revenues Gross Margin Operating Margin Net Margin

%

NT$ billion

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Debts Ratio

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68.0%
66.0% 65%
64.0% 63%
62.0%
60.0%
58.0%
56%
56.0%
54%
54.0% 53%
52% 52%
52.0%
50.0%
2015 2016 2017 2018 2019 2020 2021Q2
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Dividend Pa out y Item 2015 2016 2017 2018 2019 2020 Net Revenue 17.73 16.29 17.28 18.13 17.08 17.48 (NT$ billion) Net Income Attributable to : Shareholders of 0.35 0.55 0.58 0.73 0.67 0.72 the Parent (NT$ billion) Basic EPS(NT$) 1.03 1.60 1.50 1.74 1.60 1.70 Stock Dividend 0.600 0.939 1.002 1.300 1.300 1.300 p/s(NT$) Payout Ratio(%) 58.3% 58.7% 66.8% 74.7% 81.3% 76.5%

Annual Avg. Stock Price (NT$) Yield Rate (%)

15.26 14.43 16.32 17.03 18.70 19.40

6.1% 7.6%

3.9%

6.5%

7.0%

6.70%

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03.Q&A

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Thank You.

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