TA YIH — Investor Presentation 2018

Apr 11, 2018

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大億交通工業製造股份有限公司 TA YIH INDUSTRIAL CO. LTD. 法 人 說 明 會 Investor Conference 2018.4.12

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�司簡介 Company Overview

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大億交通公司概況 Ta Yih Company Profile

	創立	民國53�11月
	Established	Nov. 1964
	股票代碼 Security Code	1521
	董事長	吳俊億先生
	Chairman	Chun-I Wu
	總經理	李旺根先生
	President	Wang-Ken Lee
	發言人	王宏基(�務長)
	Name of Spokesman	WANG HUNG CHI (CFO)
	資本額	762.3佰萬
	Capital	NT$762.3 million
	工廠面積 Land area	35,487m2
	員工人數 Number of Employees	923
	營業項目	汽車燈�
	Business scope	AUTOMOTIVE LAMP
	公司位置	台灣台南
	Plant Location	Tainan, Taiwan.

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一 公司沿革 Company History( )

◆1964� 台南市公園路成立大億實業社 Established on Kong Yueng Road, Tainan.

◆1979� 安�新廠完工、開始生產�並進入國內汽車零件OEM市場 An-Ping plant completed, supplied the OEM market.

◆1988� 與日本(株)小糸製作�合資 Partnered with KOITO Manufacturing Co., Ltd.

• ◆1996� ISO 9002國際品質保證制度認證獲得 BSMI ISO 9002 certified.

• ◆1998� QS 9000/ISO 9001國際品質保證制度認證取得 TUV QS 9000/ISO 9001 certified.

• ◆2002� 取得德國ISO 14001及OHSAS 18001環安衛認證 TUV ISO 14001 & OHSAS 18001 certified.

◆2004� TS 16949國際品質保證制度認證取得 TUV TS 16949 certified.

• ◆2006� TPM優秀賞合格 Awarded JIPM "TPM excellence".

• ◆2007� 與小糸合資20周�記念

Celebrating join venture with KOITO Group for 20 years.

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二 公司沿革 Company History( )

◆2009� AFS�CAMRY�國産化 AFS Headlamp started production.

◆2012� 通過GM審查�正式成為全球GM合格供應商 Registered GM qualified supplier.

◆2013� LED頭燈(ALTIS)國産化 TOYOTA Led Headlamp started production.

◆2014� 外銷日本MAZDA LED霧燈 MAZDA Led Fog Lamp started production.

◆2015� FCA電裝類最佳供應商

Awarded FCA “Electrical-Export, Supplier of The Year".

◆2016� 國瑞品質優秀獎

Awarded TOYOTA excellent quality supplier.

◆2017年 豐田汽車傑出貢獻獎、日産汽車品質優秀獎 TOYOTA contribution award, NISSAN supplier quality award 導入AGV無人搬運系統

The Automated Guided Vehicle (AGV) systems are used.

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客戶及公司位置 Customers & Company Location

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台北市
國瑞
福特�和
台湾三葉
中華
(三菱)
250km
裕隆
(日産)
200km
高雄市 150km
台湾本田 100km
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住所 : 台南市安�工業區新信路 11號 Location：NO.11,SHIN-SIN ROAD,AN-PING INDUSTRIAL DISTRICT,TAINAN

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國外客戶 Overseas Customers

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日本：
鈴木 馬自�
北美：福特
克萊斯勒
中國： 東風裕隆
東風裕隆
南非：福特
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主要�品 Products

四輪用車燈 AUTOMOTIVE LAMP

二輪用車燈 SCOOTER LAMP

軌道用燈具 RAIL LIGHTING

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大億設計生�燈具 Lamp Design & Produce by Ta Yih Lamp Design & Produce by Ta Yih

● TOYOTA CAMRY

● TOYOTA SIENTA

● TOYOTA VIOS

● TOYOTA ALTIS

大億設計生�燈具 Lamp Design & Produce by Ta Yih 9/26

● LUXGEN U7

● LUXGEN U6

● LUXGEN U5

● LUXGEN M7

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大億設計生�燈具 Lamp Design & Produce by Ta Yih Lamp Design & Produce by Ta Yih

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●NISSAN MARCHV ●NISSAN X-TRAIL

●NISSAN SENTRA

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●NISSAN LIVINA

●NISSAN iTIIDA

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大億設計生�燈具 Lamp Design & Produce by Ta Yih Lamp Design & Produce by Ta Yih

~~●MITSUBISHI LANCER~~

~~●MITSUBISHI COLT PLUS~~

●MITSUBISHI ZINGER

● MITSUBISHI OUTLANDER

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Aircraft Lighting 航太燈具

Searching Light NVIS Parts 高照度搜索燈 儀表夜視改裝套件 Transportation Parts Plastic case/box 滾珠 電池盒

Small bulb Light 小燈

Position Light 位置燈

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Rail Lighting 軌�燈具

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HID頭燈 HID Headlight

LED標識燈 LED MarkLight

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天花板燈(螢光燈管) T5/T8/T9 Ceiling Light

LED閃爍燈 LED Flash Light

鹵素頭燈 Halogen Headlight

天花板燈(LED燈源) LED Design Ceiling Light

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LED閱讀燈 LED Reading Light

鋁合金零部件供應 Aluminum Parts Supply

LED尾燈 LED Tail Light

LED頭燈 LED Headlight

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Fishing Lightin 漁船集魚燈具

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LED 集魚燈 LED Fishing Light

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合併營收 Consolidated Revenue

	2017		2016		2015		2014
(台幣仟元)
(NT$thousand)	金額 Amount	%	金額 Amount	%	金額 Amount	%	金額 Amount	%
台灣TAIWAN	3,263,654	53	3,141,427	53	3,035,311	53	3,043,895	61
日本JAPAN	1,571,812	25	1,466,902	25	1,246,599	22	984,022	20
中國CHINA	173,540	3	297,597	5	563,070	10	523,772	11
美國AMERICA	851,894	14	871,160	15	666,010	12	334,100	7
其他OTHERS	336,490	5	123,171	2	220,563	4	76,633	2
計TOTAL REVENUE	6,197,390	100	5,900,257	100	5,731,553	100	4,962,422	100

歷年合併營收推移

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CONSOLIDATED REVENUE FROM 2014

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2017 年合併營收構成比
2017 CONSOLIDATED REVENUE
台幣佰萬
NT$ million
�他 �他 ,
7,000
6,197 10% 10%
5,900 模� 模� ,
5,732
6,000 9% 9%
4,962
5,000 6,197
佰萬元
4,000 million
3,000
車燈 車燈 ,
81% 81%
2,000
1,000
0
國内 Taiwan ： 52 ％
2014 2015 2016 2017
輸出 Export
日本向 Japan ： 27 ％
FCA 向 ： 19 ％
大陸向 China ： 2 ％
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一 合併資�負債 Consolidated Balance Sheets( ) 17/26

現金 Cash and cash equivalents (NT$仟元) (NT$thousand) 流動資產 CURRENT ASSETS	2017	% 5	2016	% 2	2015	% 6	2014	% 5
	金額 Amount 182,479		金額 Amount 63,706		金額 Amount 215,318		金額 Amount 155,360
應收票據及帳款 Notes and accounts receivable	1,052,027	28	1,067,610	29	1,120,870	30	996,110	29
存貨 Inventories	862,116	23	598,751	17	725,713	20	635,324	19
預付款項 Prepaid expenses	124,697	3	250,311	7	106,923	3	151,449	4
�他 Others 計 Total current assets 非流動資產 Noncurrent assets	87,063 2,308,382	2 61	81,017 2,061,395	2 57	53,170 2,221,994	2 61	42,531 1,980,774	1 58
採用權益法之投資 Investments accounted for using equity	412,253	11	404,770	11	368,596	10	334,954	10
不動產、廠�及設備 Property, plant and equipment	1,010,568	27	1,028,495	28	982,411	27	998,574	29
遞延�得稅資產 Deferred income tax assets	34,042	1	44,615	1	49,553	1	47,476	2
�他 Others 計 Total noncurrent assets 資產總計 TOTAL ASSETS	22,438 1,479,301 3,787,683	- 39 100	101,269 1,579,149 3,640,544	3 43 100	33,346 1,433,906 3,655,900	1 39 100	50,371 1,431,375 3,412,149	1 42 100

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合併資�負債 Consolidated Balance Sheets( 二 )

��T$仟元� (NT$thousands)	金額 Amount 2017	%	金額 Amount 2016	%	金額 Amount 2015	%	金額 Amount 2014	%
流動�債CURRENT LIABILITIES
應付票據及帳款Notes and Accounts payable	971,553	26	953,020	26	987,141	27	996,315	29
�他應付款Other Payables	350,727	9	364,255	10	282,909	8	257,085	7
預收款項Advance Receipt	199,085	5	133,866	4	249,909	7	126,615	4
�他������	56,133	2	44,275	1	52,785	1	56,885	2
計Total current liabilities	1,577,498	42	1,495,416	41	1,572,744	43	1,436,900	42
非流動�債NONCURRENT LIABILITIES
遞延�得稅�債Deferred income tax liabilities	113,351	3	115,544	3	113,876	3	111,745	3
淨確定福利�債�非流動 Net defined benefit liability-noncurrent	159,372	4	174,074	5	179,956	5	170,703	5
�他非流動�債Others	2,437	-	2,208	-	1,952	-	1,772	-
計Total noncurrent liabilities	275,160	7	291,826	8	295,784	8	284,220	8
�債總計Total liabilities	1,852,658	49	1,787,242	49	1,868,528	51	1,721,120	50

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合併資�負債 Consolidated Balance Sheets( 三 )

歸屬於本公司業主之權益 EQUITY ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT ��T$仟元� (NT$thousands)	2017	%	2016	%	2015	%	2014
	金額 Amount		金額 Amount		金額 Amount		金額 Amount	%
普通股股本Capital stock	762,300	20	762,300	21	762,300	21	762,300	22
資本公積Capital surplus	60,472	2	60,472	2	60,472	2	60,472	2
保留盈餘Retained earnings	1,134,859	30	1,046,069	29	952,100	26	848,699	25
�他權益Others 計 E����y ����������l� �o ������ol���� of the parent �債與權益總計TOTAL LIABILITIES AND EQUITY	(22,606) 1,935,025 3,787,683	(1) 51 100	(15,539) 1,853,302 3,640,544	(1) 51 100	12,500 1,787,372 3,655,900	- 49 100	19,558 1,691,029 3,412,149	1
								50 100

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合併損益 Consolidated Income

(台幣仟元) (NT$thousand)	金額 Amount 2017	%	金額 Amount 2016	%	金額 Amount 2015	%	金額 Amount 2014	%
營業收入 Revenue	6,197,390	100	5,900,257	100	5,731,553	100	4,962,422	100
已實現毛利 Realised Gross Profit	1,081,191	17	1,021,242	17	973,896	17	891,017	18
營業淨利 Income From Operations	503,835	8	458,566	8	442,551	8	389,261	8
營業外收入及支出
Non-Operating Income And	82,136	1	121,455	2	90,384	1	64,135	1
Expenses
稅前淨利 Income Before Income Tax	585,971	9	580,021	10	532,935	9	453,396	9
本�度淨利 Net Income	499,364	8	497,308	9	449,612	8	373,453	8
每股盈餘(NT$元/股) Earnings Per Share(NT$/per share)	6.55		6.52		5.90		4.90

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獲利與配息 EPS & Cash Dividend

(NT$ 元 / 股 ) (NT$/per share) 每 股盈餘 EPS Earnings Per Share

2017 2016 2015 2014 6.55 6.52 5.90 4.90 5.20 5.20 5.00 4.30

現金配息 5.20 5.20 5.00 Cash Dividend 備註： 2017 �盈餘每股配發現金 5.2 元尚待股東會通過 Note ： The earnings distribution NT$5.2 per share for 2017 subject to shareholders’ approval.

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2018 年第一季合併營收 2018 Q1 CONSOLIDATED REVENUE

( 台幣仟元 ) (NT$thousand) 2018 2017 年第一季 年第一季 2018 Q1 2017 Q1 金額 前期比 金額 amount comoare to prior period amount 1,538,837 112% 1,376,020

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福州小糸大億

Fuzhou Koito Ta ih Automotive Lam Co. Ltd y p ,

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- 福州小糸大億 主要客戶 Fuzhou Koito Ta ih – Main Customers y

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- 福州小糸大億 公司概况 Fuzhou Koito Ta ih – Com an Profile y p y

企業性質 台日合資 Enterprise type Taiwan-Japanese Joint Venture 合資方 日本小糸 51% / 台灣大億 49% Investment Portion Japan Koito 51% / Tayih Industrial CO.,LTD 49% 成立時間 84年12月 Date of Establishment Dec,1995 董事長 三原弘治 Chairman Mihara Hiroshi 總經理 小林一宏 President Kobayashi Kazuhiro 投資總額 16.44佰萬美元 Total Investment USD 16.44 Millions 注冊資本 9佰萬美元 Registered Capital USD 9 Millions 品質政策 質量第一�顧客滿意 Quality Strategy Quality First , Customer Satisfaction 相關認證 � � 3C ISO/TS16949 ISO14001/OHSAS18001 Official Certification

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福州小糸大億-五�營收與獲利 Fuzhou Koito Tayih –Revenue and Net Income for 5 years

( 台幣仟元 ) 2017 2016 2015 2014 2013 (NT$thousand) 營收 2,872,211 2,887,294 2,088,139 1,604,936 1,917,059 Revenue 淨利 42,003 171,708 109,459 50,079 121,938 Net Income 本公司持股比例 49% 49% 49% 49% 49% percent of ownership 本公司認列投資收益 Share of profits of 20,582 84,137 53,635 24,538 59,750 investee

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Thanks For Your Attention

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