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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
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Summary on Operation – Q1, 2021
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◼ 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.
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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
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◼ 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$1.91. |
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| NT$ 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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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 |
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| 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
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China Airline-Nordam plant, Taoyuan
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Qualcomm plant, Hsin-Chu
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Esun Bank Flagship Building, Kaohsiung
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Housing
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Yuan Zhen Di, Longpao Development, Taichung
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Ju-zhuo, Zong-tai Construction
◼ Other
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Guangci Bo-ai Complex, Taipei
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Southern Branch of Palace Museum, Chia-yi
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Hotel Indigo Alishan, Chia-yi
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Chia-yi Li-Bao Hotel
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Tainan Hotel Chateau
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Shui-li hotel, Nantou
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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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