YHT — Annual Report 2018

Apr 19, 2019

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YING HAN TECHNOLOGY CO., LTD.

Financial statements & Business re ort p

ALLEN HUANG

CHIEF FINANCIAL OFFICER

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Disclaimer

The following pages contain projections & estimates of financial information as well as the market and product developments for future periods. These projections & estimates are based on information currently available which we believe to be reliable, but they involve risks and uncertainties.

Our actual results of operation and financial condition may differ significantly from those contained in the projections & estimates. These projections & estimates should not be interpreted as legally binding commitments.

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Com an rofile p y p

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History, Chronicle

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2018
2017
2000
1995
YLM is one of the
1987 leaders in supply of Blooming up the
In 1995, YLM's CNC advanced solutions
market of laser
PC Based tube for companies in IPO in 2017
cutting machine
bender was the first
metal tube forming
YLM was founded advantaged control industries
in 1987 system developed in
Asia
(USA TENNECO)
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Global Production sites

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Automatic whole-plant
equipment/machinery
YLM TAIWAN
KEJI dist. Tainan
YLM TIAWMA
YLM TIANJIN
Yong-Kang
China
dist. Tainan
Tooling
Machining center
Automatic whole-plant
equipment/machinery
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Global Sales market

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YING HAN TECHNOLOGY CO., LTD.

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YLM Italy YLM Tianjin、Shanghai Yingheng
YLM Poland YLM India
YLM Turkey YLM Russia
YLM Malaysia YLM Thailand
YLM Indonesia YLM Vietnam
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- YLM 24 hour non stop global service

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Products and industrial a lications pp

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1

YLM Products

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AE tube bender(single side / R&L)

2 CNC hybrid tube bender(single side) 3 3D Laser cutting machine 4 CNC machining centers 5 Cutter, End-former, Robot 6 Automation work cell

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Industrial application

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Automotive industry

Electric motor vehicle, electric vehicle, exhaust pipe, bumper, wire protection tube, frame, seat, headrest frame, window frame, Automobile tubing, fueling pipe, locomotive tubing, etc...

Aerospace & Shipping industry

Wire protection tube, air conditioning tube, seat, cooling tube, boiler tube, etc... metal pipe fittings and pipe cutting semi-finished products

Chemical & Medical Materials

Furniture Manufacturing

Cooling pipe, oil pipe, fire pipe, boiler pipe, medical bed frame, medical equipment main body, etc.... metal pipe fittings and pipe cutting semi-finished products

Fitness equipment main body, bicycle frame, sanitary equipment related tube, electric door aluminum frame, table and chair frame, installation art, bed frame, cabinet frame, structural parts, etc.... metal pipe fittings and pipe cutting semi-finished products

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YLM is omnipresent

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Aging society>>> Sports and leisure, lively and popular

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Improvement of living standards>>> High quality of home

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1 2 3
4 5 6
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Technolo ical innovation g

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Industry 4.0

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Control system Unmanned Central control Intelligent Smart
Tech mode Integrated soft/hard
by PC-Base work cell system ICT factory
integration
Expand Industrial Value Chain
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Smart factory

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◎Professional injury
Human factors
◎High-risk working environment
engineering
◎Repetitive work
◎operation fatigue
Stable quality ◎abnormal detection
◎T/T
◎Invalid action
Cost Control
◎Yield Automation production
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Smart factory

OEE OEE = Overall Equipment Effectiveness = 整體設備效率( OEE = 稼働 率× 產能效率× 良率)為客戶同步進行產線大數據分析。 Remote monitoring

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3D simulation
Integrated ICT
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Operating performance-Automation work cell

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Work cell in Australia

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Work cell in Japan

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Work cell in Egypt

Work cell in Russia

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Operating performance-YLM Robot

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Coordinate measure system with YLM robot

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Sanitary equipment with YLM robot

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CNC machining center

with YLM robot

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MMK with YLM robot

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Warehouse with YLM robot

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ACER with YLM robot

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Video

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Video

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Financial statements & Business re ort p

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Revenue Geographic information

40% North America maintain high profit ratio

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Rising demand in emerging countries India demand highly grow

Revenue	Revenue	Revenue	Revenue	Revenue
Country	2017Y	%	2018Y	%
China	489,071	51.1%	398,185	49%
India	72,828	7.6%	112,615	14%
Russia	17,685	1.8%	15,454	2%
Other	376,885	39.4%	290,120	36%
Total	956,469	100.0%	816,374	100%

Gross Profit/Profit Ratio	Gross Profit/Profit Ratio	Gross Profit/Profit Ratio	Gross Profit/Profit Ratio	Gross Profit/Profit Ratio
Country	2017Y	%	2018Y	%
China	184,205	37.7%	133,239	33.5%
India	23,374	32.1%	46,998	41.7%
Russia	6,155	34.8%	4,552	29.5%
Other	101,873	27.0%	87,853	30.3%
Total	315,607	33.0%	272,642	33.4%

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Product portfolio

Unit:NTD Thousand

Profit Ratio19% Profit Ratio 35%

Profit Ratio 47%

Profit Ratio 30%

Profit Ratio 34%

Profit Ratio 46%

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Balance Sheet

Unit: NTD Thousand

	2015Y	2015Y		2016Y	2016Y		2017Y	2017Y		2018Y	2018Y
Total Assets	1,697,185	100%		1,946,539	100%		2,863,157	100%		3,030,217	100%
Cash and cash equivalents	148,936	9%		204,281	10%		469,933	16%		314,548	10%
Current assets	963,920	57%		1,147,438	59%		1,502,425	52%		1,848,053	61%
Property, plant and equipme	551,421	32%		553,648	28%		847,348	30%		816,117	27%
Noncurrent assets	32,908	2%		41,172	2%		43,451	2%		51,499	2%
Total liabilities	897,249	53%		1,049,127	54%		1,595,920	56%		1,754,934	58%
Short-term loans	29,200	2%		149,756	8%		538,327	19%		676,327	22%
Current liabilities	466,315	27%		509,711	26%		481,632	17%		546,842	18%
Long-term loans	374,444	22%		345,244	18%		538,611	19%		493,285	16%
Noncurrent liabilities	27,290	2%		44,416	2%		37,350	1%		38,480	1%
Equityattributable to sha	795,470	47%		891,908	46%		1,260,313	44%		1,268,086	42%
Total liabilities&equity	1,697,185	100%		1,946,539	100%		2,863,157	100%		3,030,217	100%
Net valueper share	13.2			14.9			18.7			18.8
Debt Ratio	52.9%			53.9%			55.7%			57.9%
Current Ratio	225%			205%			193%			177%
Quick Ratio	75.1%			87.2%			115.3%			102.7%

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- Steady business strategy Revenue

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Unit: NTD Thousand
7%
Revenue average grow up
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– Pursue High profit Profit ratio

Unit : %

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YLM
Peer
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Data from MOPS

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– Maintain high Earnings Operation income

Unit: NTD Thousand，%

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YLM
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Continue to generate earnings for shareholders-EPS

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2015Y 2016Y 2017Y 2018Y
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Date from MOPS

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