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SYNCMOLD Investor Presentation 2016

Sep 1, 2016

51868_rns_2016-09-01_ee2c8ca1-86f9-42e8-be96-a97167d53e2f.pdf

Investor Presentation

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International Professional Excellent ���������� Syncmold Enterprise Corp

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2016/8

  • �� ����������

  • ❖ ���������������� Leadership in Hinge and Stand products

  • ❖ ������������������������������� ��������� Serve tier 1 customers with own masterly technology, molding design, product development and total solutions

  • ❖ �����������������ROE����� Deliver good business results, sound financial structure, higher ROE and attractive dividend yield

  • ❖ ������������������������� Keep ahead in current position and explore new apps for growth and create value for all shareholders

Outline ��

  • ❖ ���� Company Profile

  • ❖ ���� Financial Results

  • ❖ �������� Strength, Strategy & Outlook

���� Company Profile

���� Company Introduction

Syncmold, a worldwide hinge/stand leading provider, established in 1979 and listed on TWSE in 2009(code:1582)

  • ❖ ��Headquarter: ��� New Taipei City

  • ❖ ���Chairman: ��� Mr. Chen

  • ❖ ����Employees: �5,300(2016/6)

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��

  • ❖ 2Q16 ���Capital: NT$1.498B; ��Total Assets: NT$9.38B

  • ❖ Y2016H1��Revenue: NT$4.36B; ����EPS:NT$2.38

  • ❖ Y2015 ��Revenue: NT$9.46B; ����EPS: NT$5.28

  • ❖ ����Major products:

  • ❖ �����component products(Monitor/TV/AIO hinge & stand)

  • ❖ ����plastic products(plastic mold/ plastic injection)

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�����
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���� Manufacturing Sites

Note: S: Stand Assembly M: Mold P: Plastic Injection

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��(100%)(S)�����������

���(100%)
��(S)������
��(PM)���������
�����

���(100%)
��(SPM)������ ��(38%)�TV���
��(S)�SONY
��(SPM)����SONY
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�������� High-End Model

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������ Electronic Peripherals

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Product Mix ����

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1H16 Y2015 8% 10% 10% 14% 6% 6% 70% 76% Monitor AIO TV Mold&Electronic

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��base on revenue breakdown ��������

����� Major Customers

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���� Financial Results

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2009-2015���� Annual Results
Revenue:NT$B/ EPS: NT$
EPS Revenue
5.69 5.71
5.27 5.28
4.43
3.85
3.71
10.1
9.5
9.1
8.4 8.4
6.7
5.9
2009 2010 2011 2012 2013 2014 2015
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������ Quarterly Results

Revenue:NT$B

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Revenue

GM%

Net profit ratio

24% 24% 25% 22% 23% 23% 23% 21% 22% 23% 21% 23% 23% 23% 21% 23% 23% 21% 10% 9% 9% 10% 9% 9% 10% 9% ~~8% 8% 7% 7% 7% 7% 7%~~ 7% 7% 6% 2.8 2.7 2.7 2.6 2.5 2.4 2.4 2.3 2.3 2.2 2.2 2.2 2.2 ~~2.1 2.0 2.0 2.0 2.0~~

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16

Monitor Market Share ������

unit: M; rev:NT$B / source: MIC, WitsView, ��������

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Syncmold Monitor Market Share Monitor Revenue
6.8
6.6
6.5
6.3
5.9
5.3
5.2
28%
26%
24%
23%
22%
21% 21%
32 35 37 37 37 32 34
2009 2010 2011 2012 2013 2014 2015
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Solid Financial Structure
������
ROE NI Avg: ROE 15%, NI: 8%
18%
16%
1 4% 14% 14% 14 %
8 % 9% 9% 8%
7%
6%
2010 2011 2012 2013 2014 2015
Avg: 43%
Debt Ratio
49%
4 5% 44%
41% 40% 40 %
2010 2011 2012 2013 2014 2015
Current Ratio Quick Ratio Avg: current: 242%, quick: 207%
307%
263%
205% 226% 234% 216%
272%
223%
199%
174% 189% 184%
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2010

2011

2012

2013

2014

2015

������ Deliver Higher ROE

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2012-2015 avg
2012-2014 avg
15.6%
15.6%
11.9%
11.6%
8.3%
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����

�������2012-2014�����������������; ����������������� ��ROE�����/��������������������������������������/��

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Good Dividend Yield
������
������/���%
4.5
4.5
3.5
3.9
4.5 3
3
3.5
8.8%
8.6%
8.2%
7.3%
6.5% 6.5%
5.1%
4.8%
2009 2010 2011 2012 2013 2014 2015 2016F
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�������������������4.5/������50.9= 8.8%

�������� Strength, Strategy & Outlook

���� Strength

  • ❖ ����������������� Technology ahead of peers �����������������������������

❖ ����������� innovative and experienced R&D, vertical integration and one stop shopping ID ���������������������, � ����������� ��������������

  • ❖ ����������������������� production location close to clients, provide prompt solutions and reliable supply chain

  • �������������� ������������

  • ❖ �������������������������4.0��

  • pursue business opportunities of IOT and industry 4.0 with mechanical profession

����� New Business Strategy

❖ �������������������������� integrate with electronic business to improve products value

  • ‣ �����POS����� new model stands, POS products & peripheral components

  • ‣ ������������ �����4.0���� have ability and knowledge to develop USB series products ��USB/Type C������������������������� ��������

  • ❖ ���������������������������������� �������������

integrate with wireless and smart platform management and relative products to organize strategy for IOT opportunity

���� Outlook

  • ❖ 2016������������� resource consolidation and profit stabilization in 2016

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  • ‣ ����������������������� improve cost competitiveness thru. resource consolidation to quickly react the industry change

  • ‣ ����������������������� develop new business with stable revenue and profit in original profession

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  • ����������������� New business and new clients may drive stable growth beyond 2016

����������� 1582Syncmold Enterprise Corp

��� Q & A Thank You for Listening

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