AI assistant
WE & WIN — Investor Presentation 2021
Nov 25, 2021
52146_rns_2021-11-25_4948824b-625c-4d96-b6c2-69b9d66470cd.pdf
Investor Presentation
Open in viewerOpens in your device viewer
==> picture [228 x 35] intentionally omitted <==
Stock Symbol ：2537
WE & WIN Development Co., Ltd. Investor Conference
==> picture [228 x 35] intentionally omitted <==
Safe Harbor Notice
-
WE & WIN Development Co., Ltd.(the “Company”)‘s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.
-
Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
-
This presentation may not be stored, copied, distributed, transmitted, without prior written approval of the Company.
==> picture [228 x 35] intentionally omitted <==
Company Profile
-
Listed on TWSE : 1996.09.06
-
Stock Symbol : 2537
-
Chairman : Mr. Su Yung-Yi
-
CEO : Mr. Lee Chih-Ming
-
Shares Issued : NT$ 3,005 million
-
Main Business : Real Estate Development
-
Headquarter : Taipei , Taiwan
==> picture [342 x 240] intentionally omitted <==
- Company Website： www.5v.com.tw
==> picture [228 x 35] intentionally omitted <==
Management Philosophy VVVVV《Our Company Core Values》
~New Core Values of “ We & Win Construction ”
-
Value of Location
-
Value of Aesthetics
-
Value of Legacy
-
Value of Practicality
-
Value of Reliability
==> picture [744 x 540] intentionally omitted <==
----- Start of picture text -----
Balance Sheet
Sep. 30, 2021 Sep. 30, 2020 Sep. 30, 2021 Sep. 30, 2020
Items Items
NTD in NTD in NTD in NTD in
% % % %
thousands thousands thousands thousands
Cash and Cash Short-Term
1,051,847 8% 240,451 2% 5,433,598 42% 5,178,350 46%
Equivalents Loans
Advances from
Construction Land 3,041,065 24% 3,759,601 33% 908,086 7% 677,098 6%
Customers
Under Construction 3,851,755 30% 3,387,771 30% Payables 388,323 3% 507,053 5%
Property for Sale 2,391,925 19% 2,080,231 19% Bonds Payable 1,684,653 13% 696,680 6%
Advance Land
833,783 6% 564,202 5% Others 223,142 2% 88,775 1%
Payment
Total Inventories 10,118,528 79% 9,791,805 87% Total Liabilities 8,637,802 67% 7,147,956 64%
Long-term
- -
Investment under 33,840 18,887 Common Stock 3,005,579 23% 3,005,579 27%
Equity Method
Surplus Reserv
Others 1,705,697 13% 1,172,809 11% 1,266,531 10% 1,070,417 9%
es
Total Liabilities
Total Assets 12,909,912 100% 11,223,952 100% 12,909,912 100% 11,223,952 100%
& Equity
版權所有 翻印必究
----- End of picture text -----
==> picture [228 x 35] intentionally omitted <==
Comprehensive Income Statement
| NTD inthousands | NTD inthousands | NTD inthousands | NTD inthousands | ||
|---|---|---|---|---|---|
| Items | For the nine-monthsperiods ended September 30, | ||||
| 2021 | % | 2020 | % | ||
| Sales revenues | 1,925,569 | 100% | 1,475,992 | 100% | |
| Operating costs | (1,330,905) | (69%) | (1,131,691) | (77%) | |
| Gross profit | 594,664 | 31% | 344,301 | 23% | |
| Operating expenses | (152,324) | (8%) | (105,344) | (7%) | |
| Operating income(loss) | 442,340 | 23% | 238,957 | 16% | |
| Total non-operating income(loss)and expenses |
(59,087) | (3%) | (13,847) | (1%) | |
| Profit(Loss) before income tax | 383,253 | 20% | 225,110 | 15% | |
| Income tax expense | (23,783) | (1%) | (5,708) | (-%) | |
| Net income(loss) | 359,470 | 19% | 219,402 | 15% | |
| Basic earnings(loss) per share | 1.20 | 0.73 | |||
==> picture [228 x 35] intentionally omitted <==
Financial Data Summary
| Financial Data Summary | Financial Data Summary | Financial Data Summary | Financial Data Summary | Financial Data Summary | Financial Data Summary |
|---|---|---|---|---|---|
| NTD in thousands | |||||
| 2016 | 2017 | 2018 | 2019 | 2020 | |
| Sales Revenues | 1,364,525 | 352,153 | 1,900,407 | 788,704 | 1,476,336 |
| Growth(%) | (37%) | (74%) | 440% | (58%) | 87% |
| Gross Profit | 542,392 | 97,708 | 186,018 | 61,031 | 344,388 |
| Margin(%) | 40% | 28% | 10% | 8% | 23% |
| Operating Income(Loss) | 419,754 | (7,215) | 82,392 | (97,413) | 211,341 |
| Operating Margin(%) | 31% | (2%) | 4% | (12%) | 14% |
| Net Income(Loss) | 360,794 | (51,535) | 28,444 | (264,298) | 176,390 |
| Net Margin(%) | 26% | (15%) | 1% | (33%) | 12% |
| EPS(NT$) | 1.25 | (0.17) | 0.09 | (0.88) | 0.59 |
| Cash DPS(NT$) | 0.4 | - | - | - | 0.4 |
| Stock DPS(NT$) | 0.4 | - | - | - | - |
| Payout Ratio(%) | 64% | - | - | - | 68% |
Presale Performance-1
| Project | 聯上3Q | 聯上淳 | 聯上拾玉 |
|---|---|---|---|
| Location | Zhongli Dist. (Taoyuan City) |
Zhongli Dist. (Taoyuan City) |
Xindian Dist. (New Taipei City) |
| Land Use Zoning | Residential Area |
Residential Area |
Commercial Area |
| Land Area | 1,342.77 Ping | 886.53 Ping | 287.10 Ping |
| Architectural Design | B3F / 15F | B3F / 19F | B4F / 15F |
| Estimated Total Sales | NTD 1.14 Billions | NTD 0.88 Billions | NTD 0.95 Billions |
| Sales Status | Sold Out | Sold Out | Sold Out |
| Expected Date of Building Use Permit |
2021Q4 | 2023Q2 | 2023Q4 |
版權所有翻印必究
==> picture [85 x 540] intentionally omitted <==
Presale Performance-2
Project 聯上大喜 聯上澐朗 New Taipei City New Taipei City Location Sanchon Dist. Xindian Dist. g Land Use Zoning Residential Residential Land Area 1,233.40 Ping 3,449.45 Ping Architectural Design B5F / 24F B4F / 33F Contract Signed NTD 1.2 Billions NTD 5.58 Billions (Note) Expected Date of 2025 2027 Building Use Permit
(Note) The contracted amount of joint construction and separate sale has not yet been allocated to landowners and the Company.
版權所有翻印必究
==> picture [228 x 35] intentionally omitted <==
Existing Home Sales in 2022
| Project | Location | Product | Total amout (NTD in billions) |
|---|---|---|---|
| 聯上世界 | Taoyuan City Dayuan Dist. |
Commercial | 0.23 |
| 聯上聯 | New Taipei City XinzhuangDist. |
Commercial | 0.32 |
| 聯上涵翠 | New Taipei City BanQiao Dist. |
Commercial | 0.11 |
| 聯上匯翠 | New Taipei City BanQiao Dist. |
Commercial | 0.15 |
| 聯上天母 | Taipei City Shilin Dist. |
Residential & Commercial |
2.6 |
| 合計 | 3.41 |
Schedule(2022~2025)
| Schedule(2022~2025) | Schedule(2022~2025) | Schedule(2022~2025) | Schedule(2022~2025) | Schedule(2022~2025) | Schedule(2022~2025) | Schedule(2022~2025) | |
|---|---|---|---|---|---|---|---|
| Main Project | Estimated Total Sales (NTD Billions) |
Sales Rate | 2022 | 2023 | 2024 | 2025 | |
| 聯上天母 | 2.6(Note) | ─ | |||||
| 聯上3Q | 1.14 | 100% | |||||
| 聯上淳 | 0.88 | 100% | |||||
| 聯上拾玉 | 0.95 | 100% | |||||
| 聯上拾玉 | 1.7 | 70% |
(Note ) The existing home sales is expected.
==> picture [48 x 44] intentionally omitted <==
版權所有翻印必究
==> picture [228 x 35] intentionally omitted <==
Land Stock
| Location | Product | Land Area (Ping) |
|---|---|---|
| Lin-yi Section of Zhongzheng Dist.(Taipei City) | Residential | 145.50 |
| Xin-Zhoumei Section of Beitou Dist.(Taipei City) | Commercial | 1,732.45 |
| 1,156.73 | ||
| Wu-Kuai-Cuo Section of Dayuan Dist.(Taoyuan City) | Non-urban Land (Type D building land) |
1,612.84 |
| Qing-Sheng Section of Zhongli Dist.(Taoyuan City) | Residential & Commercial | 1,544.95 |
| Ke-Gong Section of Annan Dist.(Tainan City) | Residential | 5,204.73 |
| Lin-De-Guan Section of Lingya Dist.(Kaohsiung City) | Residential | 681.53 |
| Hua-Tai Section of Fengshan Dist.(Kaohsiung City) | Residential | 1,000.00 |
==> picture [228 x 35] intentionally omitted <==
北投區新洲美段 聯上天母案 《Project Location in Taipei》
==> picture [746 x 402] intentionally omitted <==
----- Start of picture text -----
聯上大喜案
聯上聯案
台電仁愛00路案
(中正區臨沂段)
聯上涵翠案
&
聯上匯翠案
新店區斯馨段 聯上拾玉案
----- End of picture text -----
==> picture [228 x 35] intentionally omitted <==
《Project Location in Taoyuan》
==> picture [97 x 15] intentionally omitted <==
----- Start of picture text -----
中壢區青昇段
----- End of picture text -----
==> picture [96 x 306] intentionally omitted <==
----- Start of picture text -----
聯上世界案
聯上淳案
聯上3Q案
----- End of picture text -----
==> picture [643 x 366] intentionally omitted <==
----- Start of picture text -----
大園區五塊厝段
----- End of picture text -----
《Project Location in Tainan》
==> picture [589 x 335] intentionally omitted <==
==> picture [121 x 19] intentionally omitted <==
----- Start of picture text -----
安南區科工段
----- End of picture text -----
==> picture [85 x 540] intentionally omitted <==
版權所有翻印必究
==> picture [228 x 35] intentionally omitted <==
《Project Location in Kaohsiung》
鳳山區華泰段
==> picture [703 x 335] intentionally omitted <==
苓雅區林德官段
==> picture [228 x 35] intentionally omitted <==
Q & A
==> picture [228 x 35] intentionally omitted <==
Thank You for your Attention!
Website: www.5v.com.tw
Please contact us: [email protected]