Polytronics Technology Corp. · TWSE:6224
Polytronics Technology — 2023 Q4 Investor Conference
18 slides from Polytronics Technology's conference presentation, Dec 22, 2023
Slide 1: 2023 Q4 Investor Conference
WeMake We MakeItItBetter Betterand andSafer Safer 2023年 Q4 Investor Conference 2023年12月 22 日 TWSE: 6224
Slide 2: Company profile
Company profile • Polytronics Technology Corp. (PTTC), established in 1997 and located in Science-Based Industrial Park, Hsinchu, Taiwan, is the first professional manufacturer in Asia specializing in the production of PPTC. • Certifications and Awards 1. Quality System: ISO 9001, ISO 14001, IATF 16
Slide 3: The Global Deploy
The Global Deploy Expansion of Manufacturing and Sales Locations to North America, Europe, Greater China, and Northeast Asia 營運中心與生產基地 台灣新竹 營運總部 聚鼎科技股份有限公司 美國威斯康辛 TCLAD INC. 中國大陸昆山 昆山聚達電子 營業據點 德國 TCLAD Europe GmbH 韓國 中國大陸 香港 中國大陸 深圳 Polytronics Confidential 3
Slide 4: History
History Invest and Establish Capital 140,000 Thousand 0402 Low-Rho SMD Acquire TCLAD group 1997 2002 Kunshan Polystar 2012 2021 Dollars Development from Henkel Electronics Design-Win the Top 3 0201 SMD selling qty Move into Hsinchu 1998 2003 Apply Taiwan OCT 2014 global cell phone 2022 more than 500
Slide 5: The three fundamental pillars of growth and expansion
The three fundamental pillars of growth and expansion OCP OVP OTP 5
Slide 6: Sales Revenue (Monthly) 2020~2023
Sales Revenue (Monthly) 2020~2023 Unit: 1,000 NTD 400,000 2020 2021 2022 2023 350,000 300,000 SALES NTD,K 250,000 200,000 150,000 100,000 50,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 127,642 87,520 142,859 150,085 131,452 127,129 146,244 148,664 180,841 175,762 170,320 178,749 2021
Slide 7: Consolidated Income Statements 2020~2023 Q3
Consolidated Income Statements 2020~2023 Q3 Unit: NTD. 1,000,% 2020 % 2021 % 2022 % 2023Q1~Q3 % Operating Revenue 1,767,267 100 3,081,593 100 2,942,851 100 2,138,196 100 Net operating margin 879,537 50 1,114,246 36 508,877 17 536,184 25 Operating Profit 423,925 24 505,785 16 -185,663 - 6 -41,699 - 2
Slide 8: Consolidated Income Statements of 2022Q3~2023Q3
Consolidated Income Statements of 2022Q3~2023Q3 Unit: NTD. 1,000,% 2022 Q3 % 2022 Q4 % 2023 Q1 % 2023 Q2 % 2023 Q3 % Operating Revenue 734,954 100 685,396 100 662,142 100 716,184 100 759,870 100 Net operating margin 150,971 20 112,592 16 137,825 21 167,077 23 231,282 30 Operating Profit -19,005 -3 -
Slide 9: Revenue by B.U.
Revenue by B.U. 2023 Monthly Revenue by B.U. 160,000 140,000 120,000 100,000 k,NTD 80,000 60,000 40,000 20,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Component TCB TCLAD Polytronics Confidential 9
Slide 10: Product Application by B.U.
Product Application by B.U. 元件(不含LF) TCB TCLAD 高速運算(礦機), 一般照明, 0.2% Nonindustry, 1.7% Wafer, 0.3% Semiconductor,3.1% 能源與車用, 13.1% 8.0% Medical, 0.2% 存儲系統,1.6% Aerospace,15.5% Lighting, 顯示器, 7.5% 18.4% 2023.1~11 工業控制、保全與 電池 攜帶式產品, 36.6% 電源/Inverter/ 電控, 24.5% Industrial 消防, 6.3% Automotive, , 22.7% 車
Slide 11: 2022~2024 Global Regional Economic Growth Overview Forecast
2022~2024 Global Regional Economic Growth Overview Forecast China's GDP growth rate for the second quarter of 2023 is 6.3%, which, while impressive, falls significantly below the market's earlier expectation of 7.3%. From National Bureau of Statistics of China Polytronics Confidential 11
Slide 12: Domestic Economic Indicators
Domestic Economic Indicators Polytronics Confidential 12
Slide 13: Growth Strategy: Market Diversification and Product Diversification
Growth Strategy: Market Diversification and Product Diversification OCP OVP OTP • PPTC • Polymer ESD • Thermal Organic • CLM Substrate Growth • IMS, TCI, TCP, TIM • Fuse • ESD, TVS • Merger TCLAD Inorganic • TSS, GDT Growth • MOV Polytronics Confidential 13
Slide 14: Growth Strategy: In-depth Cultivation of Unique Technologies and Market Focus
Growth Strategy: In-depth Cultivation of Unique Technologies and Market Focus 市場 Revenue Sensor 整合元件 CLM, 技術 II 半導體元件 散熱材料 技術 II 陶瓷元件 TVS, TSS 導熱複合 技術 FUSE 技術 半導體元件 PPTC 技術 I 導電複合 技術 技術 Technology Polytronics Confidential 14
Slide 15: 產品多角化擴展: 聚焦未來車用/工控/AIoT市場應用
產品多角化擴展: 聚焦未來車用/ 工控/AIoT市場應用(Opportunity) 新能源與48V 輕油電車 Infotainment system E-Bike E-Scooter OBC: On-Board Charger BMS: Battery Management System Charging Station 工業4.0控制系統 低軌衛星 6G Wifi 6E/7 15
Slide 16: 聚鼎營運成長歷程的市場多元化演變
聚鼎營運成長歷程的市場多元化演變(Opportunity) 應用別 2014 1~12 2015 1~12 2022 1~12 電池 攜帶式產品 54.2% 48.1% 38.6% 從手機電池及PC為主的市場 藉由OVP 3C 物聯網 消費性產品 34.5% 36.8% 26.6% 與CLM FUSE等產品的加入，將市場應 網路與通訊 1.3% 2.3% 2.8% 用面拓展至工控 、安防、消防與新能 工業控制、保全與消防 6.9% 6.0% 6.9% 源等領域，成為市場Total Solution服 顯示器 2.1% 3.6% 4.7% 務商。 存儲系統 1.1% 2.2% 2.7% 能源與車
Slide 17: Operating Strategy
Operating Strategy 1. 元件:(OCP/OVP) • Establishing a robust product portfolio through diversified product and material development. • Proactively expanding into non-consumer electronics application markets to foster diverse market applications. • Enhancing FAE services, facilitating synergistic intro
Slide 18: Company's Annual Operating Outlook
Company's Annual Operating Outlook 1. 元件事業: The demand in the consumer electronics product market has yet to show a clear recovery. It is estimated that the full-year revenue for 2023 will decline compared to the previous year, but the second half is expected to outperform the first half. 2. 散熱事業(TC