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SSFC — Investor Presentation 2017
Aug 15, 2017
51787_rns_2017-08-15_6fbff39d-1260-41bf-a4e5-8175a56e85d9.pdf
Investor Presentation
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Shinkong Synthetic Fibers Corporation
〜 〜 Innovation is the path to Intelligence
2017.08.15
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Disclaimer
• Shinkong Synthetic Fibers Corporation does not release any financial forecast. However, the statement of the company’s business, finance condition and Q&A in this presentation may differ from future actual results. This causes from market demand, prices fluctuations, competitions behavior, global economic situations, exchange rate fluctuations, supply chain and other factors or risks beyond the company’s control.
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Future prospects in this presentation reflect the company perspective based on the condition until now. If any change or adjustment of views later in the future, the company undertakes no obligation to update.
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AGENDA
SSFC INTRO BUSINESS OVERVIEW
FUTURE PROSPECT Q & A
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SSFC INTRO
| Date of Establishment | April 25, 1967 |
|---|---|
| Date of Listing | Listed on TWSE on August 31, 1973 |
| Paid-up capital | NT$ 16.18 billion |
| Group Employees | 3,686(Taiwan) / 420(China) / 151(Thailand) / 4,257 (Total) |
| Main products | SSFC divide into 2 main categories –Fibers and Plastics. Fibers : Fully drawn yarn (FDY), partially oriented yarn (POY), polyester draw textured yarn (P-DTY), polyester staple fiber (PSF), industrial yarn. Plastics: PET bottle grade resin, PET bottles, A-PET sheets, polyester films, and engineering plastics. |
| Other investment businesses |
Engineering service, Optronics , Finance, and Other services. |
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Main Enterprises : Main products: 、 、 Fiber Group SSFC Shinpont Industry POY Industrial Yarn Huachun Fibers in Hangzhou DTY 、 PET stable Fiber Spandex
Plastic Group Main Enterprises: SSFC Pan Asian Plastics Corp. Shinkong Industry in Hangzhou TSIC
Main Products: 、 PET resin Engineering Plastics 、 PET Sheets PET preform
29% 20% 2016 51%
Optronics Group
Main Enterprises: Shinkong Materials, Ubright Optronics Corp., Sbright Optronics Corp.,
Main Products: 、 Optical Films ~~、~~ ~~Brightness Enhancement Film~~ 、 Release Film ITO Film TAC Film
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BUSINESS OVERVIEW Advantages
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To Partner
with Big Brands
in Developing
Products
Streamline
Environmental
Wide selections
Innovation
awareness and
of Product line-
and
Energy Efficiency
up All-around
Developments With 6C +5F
Service
Integrated
Industrial
Chain
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P E T R e s i n
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Film grade
PET Resin
PET Resin
S S P Aseptic
Hot-filling
Modified
PET Bottle PET RESIN
PET Resin
(preform)
Low Melting point
High Heat-Resistant
High Transparency
PET Sheet
Eco-Friendly
Food Grade PET resin
Electronics
Low Heavy Metal
Medical
Energy Saving
CPET
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Aseptic/heat-resistant grade:
Preserve the best flavor of drinks with safety and hygiene.
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Modified Resin: Low Crystallization PET Variety
Eco Grade:
Eco-Friendly Fast Reheat Energy Saving
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Film Grade: High Transparency Dimensional Stability Functionality
Pan Asian Plastics Corporation:
PET preform and sheet production have up & downstream integrated and value added.
PET Bottle and Preform: Main supplier of domestic drink makers.
PET Sheet: Electronics and Medical applications avoid price competition.
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E n g i n e e r i n g p l a s t i c s
Glass Fiber Reinforced Grade
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Elastomer Resin
Grade
Flame Retardant
Grade PBT RESIN
Green Resin
Bio Material
Compounding PBT
Optical Fibers Resin
Functional Master Batches
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Flame Retardant Grade
Green Resin Bio Material
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Elastomer Resin
With the elasticity of rubber and processability of Engineering Plastics
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Waterproof membrane
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CVJ
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Shoe sole 3D printing filament
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Plastic bags Buckles
Plastic Tableware Paper cups
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Green Resin Bio Material
Fibers
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Non-Petrochemical Origin, bio-degradable and eco-friendly
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Optical fibers
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Optical Fibers Resin
Easy processability and dyeing. Fast crystallization
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Glass Fiber Reinforced Grade
Characters:
Auto connectors
-Dimensional Stability -Impact and Abrasion Resistance -Toughness and Weather Resistance
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Flame Retardant Grade
Characters:
Electric fan Fan cases Connectors
-Flame Retardant
Functional Master Batches
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-Electric Insulativity -Rigidity and Durability
Characters:
-
-High Processability
-
-Apperances
-Enhance Functionality
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P E T F i b e r s / D T Y
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High tenacity dope dyed yarn
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Abrasion resistant high tenacity yarn
HTY
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High tenacity yarn (Low shrinkage)
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High Modulus Low Shrinkage yarn
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High tenacity anti-wick yarn
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Flame retardant industrial yarn
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Consolidated Financial Statements
(In Millions of New Taiwan Dollars)
| 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Net profit 666 1,152 1,365 749 748 Profit percentage 2.72% 4.03% 4.14% 2.24% 2.84% 0 10,000 20,000 30,000 40,000 50,000 2012 2013 2014 2015 2016 Total revenues 41,581 42,251 44,350 36,971 34,435 Total revenues 0 500 1000 1500 2000 2500 2012 2013 2014 2015 2016 Net profit 666 1,152 1,365 749 748 Net profit |
|---|---|---|---|---|---|
| 0 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Total revenues | 41,581 | 42,251 | 44,350 | 36,971 | 34,435 |
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Consolidated Financial Statements
(In Millions of NTD)
| (In Millions of NTD) | |||
|---|---|---|---|
| 2017 H1 | 2016 H1 | +/- % | |
| Total Assets | 134,449 | 127,380 | 6% |
| Total Liabilities | 100,342 | 94,405 | 7% |
| Total Equity | 34,107 | 32,975 | 3% |
| Revenues | 17,422 | 16,743 | 4% |
| Net Profit after tax | 365 |
419 | -13% |
| Attributed to : | |||
| Owner of the | 324 | 347 | -7% |
| company | |||
| Non-controlling interests |
41 | 72 | -43% |
| EPS | 0.20 | 0.21 | -5% |
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FUTURE PROSPECT
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Young
Mentality
Operation
System
Rationalization Efficiency
Equipment Smart
Automation Manufacturing
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Expansion Plans
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Quantity
Investment Expected
Area Item Increase
(In Millions of NTD) Start-up
MT r
( /y )
TWN PBT Expansion 1,089 2017 Q4 60,000
5 PBT
THAI Compounding 500 2020 Q1 18,000
Lines
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