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UCC Interim / Quarterly Report 2021

Apr 19, 2021

51738_rns_2021-04-19_bf5279dd-03f3-444c-8b8f-4676fc8cd714.pdf

Interim / Quarterly Report

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Universal Cement Corporation 2021 Q1 Institutional Investor Conference

Outline

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◼ Profile

  • Summary on Operation – Q1, 2021

  • ◼ Overview on Operation, 2021

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Profile

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  • Universal Cement Corporation

◼ Office address:10F., 125 Nan-king E. Rd., Sec. 2, Taipei, Taiwan

◼ Website:www.ucctw.com

◼ Publicly listed at TWSE

Head Quarter Hai-hu gypsum board plant

◼ Code:1104

◼ Paid-in Capital:NTD 6.5 Billion Market Value:NTD 15 Billion (2021/03/31) ◼ Number of employee:400 ◼ Chronicle: 1960|Establishment of the Company 1963|Erection of first integrated cement plant 1971|Publicly listed at TWSE 1988|Erection of first ready-mix concrete plant 1991|Erection of first gypsum board plant 2012|Establishment of subsidiary UNEO Technology

UNEO Technology Universal RMC IndustrialHsin-chu Plant Huan-chung Cement Int’l Universal RMC IndustrialWu-rhi Plant Yong-kang RMC Plant Tai-nan RMC Plant Kao-hsiung Port Transportatio Da-hu RMC Plant A-lien Cement Plant Lu-zhu gypsum board plant Nan-zi RMC Plant Hsiao-gang RMC Plant Feng-shan RMC Plant Chao-zhou RMC Plant

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Consolidated Financial Performance for 1 2021 Q ,

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  • Consolidated revenue NT$5.43 Billion , representing growth of 8% comparing to same period last year, operating profit ratio of 9% , mainly attributing to the steady growth of sales of various sectors of building material.

  • Non-operating profit NT$0.8 Billion representing decease of 22% comparing to same period last year, mainly due to decrease of dividend income from Liu-ho Mechanic and other investment

  • ◼ Net profit after tax NT$1.26 Billion representing growth of 10% comparing to same period last year, EPS NT$1.91 .


year, EPS NT$1.91.
NT$ in million 2019 2020 YOY
Operating Income 5,006 5,426 8%
Gross Profit from Operation 587 907 55%
Operation Profit 171 493 188%
Non-operating income 1,028 805 -22%
Net profit before tax 1,199 1,298 8%
Net profit after tax 1,142 1,260 10%
EPS(in NT$) 1.74 1.91 10%
Asset 23,402 24,103 3%
Liability 5,299 5,318 0%
Equity 18,103 18,785 4%

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Consolidated Financial Ration, Q1, 2021

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% 2019 2020 YOY
Gross Margin(%) 12% 17% 5%
Operating Profit Margin(%) 3% 9% 6%
Net Profit after Tax(%) 23% 23% 0%
Earnings per Share(NTD$) 1.74
1.91

10%
Net Value per Share(NTD$) 27.51
28.48

4%
Return on Equity(%) 6% 7% 1%
Return on Asset(%) 5% 5% 0%
Liquidity Ratio(%) 111% 116% 5%
Debt/Equity Ratio(%) 29% 28% -1%

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Individual Financial Performance Q1, 2021

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Monthl revenue reaches record hi h March 2021 y g ,

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Monthly Revenue

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(NT$ '00 mil.)
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5.75

3.71 2.68 2.71

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Distribution of Dividend

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Cash dividend and EPS*

(NTD$)

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Cement Sector:Steadfast growth

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◼ ◼

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Supply and Demand in domestic market

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Supply Demand

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Ready-mixed Concrete:Securing more projects

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Hsin-Chu plant, Huan-Hun

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*Service Area:

Hsin-Chu county & city, Taichung City, Tainan City, Kao-hsiung City, Pint-tung.

Source: Construction and planning agency, Ministry of Interior

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RMC sector sales structure

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Active RMC client – Hsin-chu & Taichung

◼     

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Active RMC Client-Tainan

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TSMC 18th plant,
Southern Taiwan
Science Park

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Active RMC Client-Kaohsiung, Ping-tung

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Building Material Sector:Diversified Application of G sum Board yp

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新應材南科廠
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Sales structure of Building Material Sector

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Active Client – Building Material Sector

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◼ Industrial Building

  • China Airline-Nordam plant, Taoyuan

  • Qualcomm plant, Hsin-Chu

  • Esun Bank Flagship Building, Kaohsiung

  • Housing

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  • Yuan Zhen Di, Longpao Development, Taichung

  • Ju-zhuo, Zong-tai Construction

◼ Other

  • Guangci Bo-ai Complex, Taipei

  • Southern Branch of Palace Museum, Chia-yi

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  • Hotel Indigo Alishan, Chia-yi

  • Chia-yi Li-Bao Hotel

  • Tainan Hotel Chateau

  • Shui-li hotel, Nantou

  • MND Factory 205 Guangfu Campus

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UNEO Technology:Force-sensor technology

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Outlook for 2021:Cautiously Optimistic

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Outlook for 2021:Cautiously Optimistic

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Annex:Transaction Price of Domestic Industrial Plot

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Source:CBRE Taiwan

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Annex II:Number of building permit issued/Update on Statue for Unsafe and old buildin g

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Source:Construction and planning agency, Ministry of Interior

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