Stock Code:4720. Reporter: Donald Hsiao General Manager

Transcription

1 Stock Code:4720 Reporter: Donald Hsiao General Manager

2 Table of Contents 一 Company introduction 二 Business accomplishments 三 Industrial analysis & product portfolio 四 Global expansion deployment 五 Growth Driver 2/33

3 Company Profile Company Name: TEX YEAR INDUSTRIES INC. Established on: June 28, 1976 Listed to Taiwan Share Market:June 24, 2015 Founder:Shih-Kuang Lue Chin-Tsung Hsiao Chairman of the Board:Chi Chen Lin General Manager: Hsiang Chih Hsiao Capital: NTD $810,767,090 Address: No.9, Wuquan 6th Rd.,New Taipei Industrial Park, New Taipei City 24889,Taiwan (R.O.C.) Number of Employees: 450 in the entire Group 3/33

4 Tex Year Vision Link dedicated people Gluing corporate integrity Create Happy Life 4/33

5 Pictures 5/33

6 Business Philosophy 6/33

7 Corporate Structure TEX YEAR INDUSTRIES INC. CONTROLLIN COMPANY 100 % 100 % 50% 80% 80% TEX YEAR INTERNATIONAL (SAMOA) % TEX YEAR H.K. TEX YEAR TECHNOLOGY 6.45 % CONTROLLIN COMPANY 50 % 100 % TEX YEAR INDIA TEX YEAR VIETNAM TEX YEAR EUROPE WUXI MORE TEX GUANGZHOU TEX YEAR WUXI TEX YEAR 100 % 7/33

8 Table of Contents 一 Company introduction 二 Business accomplishments 三 Industrial analysis & product portfolio 四 Global expansion deployment 五 Growth Driver 8/33

9 3,000,000 2,500,000 2,000,000 2,126,619 Operating performance Net Income Sales revenue EPS 9% growth 2,310, % growth 2,452, Meas.:NT1, ,500,000 1,000, , ,886 82, , /33

10 Sales revenue: the whole conglomerate HMA Non HMA glues Others 3,000,000 2,310,902 2,452,263 Meas.:NT1,000 2,500,000 2,000,000 2,126, , , , , , ,287 1,500,000 1,000, ,000 1,662,360 1,839,661 1,931, /33

11 Sales revenue in 2015 by region Euro7% Others 8% Taiwan13% America 10% Asia without China, 19% China 43% 11/33

12 Sales revenue in by product categories Non HMA glues HMA Non HMA glue others Others 7% 14% HMA 79% 12/33

13 Profit comparison btw 2015 Q1 & 2016 Q1 Meas.:NT1,000 Items 2016Q1 2015Q1 Increase growth rate Sales revenue 581, ,482 19,704 4% operating income 15,775 20,789 (5,014) -24% EBIT 21,452 20, % 13/33

14 Table of Contents 一 Company introduction 二 Business accomplishments 三 Industrial analysis & product portfolio 四 Global expansion deployment 五 Growth Driver 14/33

15 Wide in types of application and global market territories Global HMA market in 2015: USD 40 billions, 5% growth rate Asia Pacific accounts for more than 30% Forecast all the way to 2017: Global growth rate: 4.1% Asia Pacific s growth rate: 7% Growth potential counts on China & India 15/33

16 Wide in types of application and global market territories Global HMA market in qty in 2015:1,760,000 tons Asia pacific accounts for half China s HMA market in qty in 2015:750,000 tons with 13% growth rate 10% annaul growth rate is expected to be seen in China s HMA market in 2017 Main industrial applications : 1. Paper, Board and Related Products 2. Transportation 3. Footwear and Leather 4. Consumer/DIY (Retail) 5. Building/Construction 6. Woodworking and Joinery 7. Assembly Operations/Other 16/33

17 Members of alliances for specialty chemicals Conformal Coating Specialty Material Performance Adhesive Second Generation Adhesive Release Agent Vibration Equipment 17/33

18 Wide in types of application and global market territories 18/33

19 Self production :HMA Type EVA Polyamide APAO Rubber PUR Properties: Eco friendly, multiple basis, wide applications Traditional industries/ Applications: carton & box closing, packaging, book binding, wood working, lamination, cigarrets, shoes, handcrafts, Automobile, electronics, diaper, sanitary napkins,tapes, filters, general assembly, and medical industry. 19/33

20 Self production :HMA Type EVA Polyamide APAO Rubber PUR Hot Melt Adhesives Properties: Eco friendly, multiple basis, wide applications Emerging industries/ Applications: 1. Home appliances, car interior, white goods, RFID, special tapes, high end filters 2. Baby and adult diapers, sanitary napkins 20/33

21 Self-production -specialty chemicals Type SGA reaction styled glue Cyanoacrylate glue the representative of industry Industries/Applications: HIFI speaker elevator stonemasonry, wood working, lamination, handcraft, electronic golf club general assembly 21/33

22 Type UV glue UV resin Self production- specialty chemicals Epoxy glue Epoxy resin Strength :High bonding & efficiency, works with ultra light or heat curing reaction application: optical glasses, electronic panel assembly, quick assembly for Electronic industry motor, electronic materials molding, pvc tile surface anti-scratching (hardcoat), outdoor good high/low temperature tolerance product 22/33

23 Comparison Hotmelt Adhesive Solvent Base Adhesive Feature Benefit Feature Impact 100% Solid content Eco-friendly No volatile solvent, extremely low VOC Fast Curing, high efficiency 100% environmental components, non hazardous Come in various formats, low transportation cost Non-hazardous to human and environments Optimize production process, save space, enhance productivity, save overall cost Confirmed with all environmental rules Easy to transport and use, energy saving Non 100% Solid content Volatile solvent, not conformed to VOC rule Slow Curing, Low efficiency Hazardous raw material Requires container, High transportation cost Contains volatile substance, flammable, not Eco-friendly Hazardous to human and environments, toxic concern Longer production process, require oven baking, requires more space Toxic Waste packaging and cost higher on transportation, not eco-friendly 23/33

24 Table of Contents 一 Company introduction 二 Business accomplishments 三 Industrial analysis & product portfolio 四 Global expansion deployment 五 Growth Driver 24/33

25 Global Allocation & Marketing 25 GTY(Guangzhou) WMT(Wuxi) WTY(Wuxi) Tex Year Hong Kong Increase Capacity Tex Year HQ Increase Capacity Tex Year India Increase Capacity Tex Year Vietnam Develop ASEAN market 25/33

26 9. 陝西 重慶 四川 Presence in China 大中華據點分布圖 TY HQ Office R&D factory Home-Based 1. 黑龍江 吉林 遼寧 2. 北京 天津 河北 3. 山西 濟南 鄭州 4. 崑山 無錫 上海 5. 合肥 武漢 南昌 6. 浙江 長沙 福州 7. 台北 台中 台南 8. 深圳 廣州 中山 香港 10. 雲南 貴州 26/33

27 Global Allocation & Marketing GTY(Guangzhou) WMT(Wuxi) WTY(Wuxi) Tex Year Hong Kong Increase Capacity Tex Year HQ Increase Capacity Tex Year India Increase Capacity Tex Year Vietnam Develop ASEAN market 27/33

28 Global Allocation & Marketing Tex Year Europe Pilot Run GTY(Guangzhou) WMT(Wuxi) WTY(Wuxi) Tex Year Hong Kong Increase Capacity Tex Year HQ Increase Capacity Tex Year India Increase Capacity Tex Year Vietnam Develop ASEAN market 28/33

29 Rooted in Poland 550 million population in radius 2,000 km area Developing from east to west Europe 250 million population in radius 1,000 km area 29/33

30 Global Allocation & Marketing Tex Year Europe Pilot Run GTY(Guangzhou) WMT(Wuxi) WTY(Wuxi) Tex Year Hong Kong Increase Capacity Adhesive Technology Inc. (USA) Consumer Market Tex Year HQ Increase Capacity Tex Year India Increase Capacity Tex Year Vietnam Develop ASEAN market 30/33

31 Table of Contents 一 Company introduction 二 Business accomplishments 三 Industrial analysis & product portfolio 四 Global expansion deployment 五 Growth Driver 31/33

32 Growth Driver 1. Trend of Greener & More Eco-Friendly 2. Stricter Regulations in Mainland China 3. Emerging Markets: ASEAN, India, E.E. 4. Synergy from Group Internationalization 5. Industry New Product Development 7. Developing Global KAs 32/33

33 4720 Thank you for attention. 33/33