Maywufa Co., Ltd. · TWSE:1731
Maywufa — Q1 2026 Earnings Presentation
23 slides from Maywufa's earnings presentation, May 26, 2026
Slide 1: Maywufa Company Limited
Maywufa Company Limited Taiwan Stock Exchange (TWSE-1731) Established: 1976 Stock Exchange Listed: 2001 Capitalization: NTD 1.33 billion Chairperson: C. C. Lee CEO Fred Lai © 2025 美吾華股份有限公司 著作權所有
Slide 2: Statement
Statement 1. Apart from historical data, the matters listed in this presentation that are forward-looking statements may be subject to significant risks and uncertainties, which could result in differences between these forward-looking statements and actual outcomes. 2. The future projections presen
Slide 3: Agenda
Agenda Company Profile & Important Operational Progress Brand Development Financial Information © 2025 美吾華股份有限公司 著作權所有 3
Slide 4: Company Profile & Important Operational Progress
Company Profile & Important Operational Progress © 2025 美吾華股份有限公司 著作權所有
Slide 5: Consumer Business
Consumer Business Own Brands Distributed Brand In-house R&D and manufacturing to create market-driven Exclusive distributor in Taiwan personal care brands for France's No. 1 maternal and baby care brand
Slide 6: Overview & Core Strengths
Overview & Core Strengths 50 No. 1 No. 1 6,000+ Years Shampoo Hair dye Locations The Group marks its 50th No.1 market share in Taiwan's No.1 market share in Taiwan's A network of over 6,000 anniversary milestone. shampoo category. hair dye category. sales locations. 30+ Vertical GMP ESG Awards Integ
Slide 7: Key Brand Portfolio
Key Brand Portfolio 59% 41% No.1 Shampoo No.1 Hair Dye Hair & Body Care Brand in Taiwan Hair Dye Brand in Taiwan Key Brands Key Brands SAHOLEA Perfume INNEX Herbalism INGRELUX Instant Herbal Oriental Herbalex Black Coloring Herb Polygonum Cream Rice Grey Rishiri COLORFUL bubble up iBubble AQIL
Slide 8: Omni-Channel
Omni-Channel 81% 19% Offline Online Personal Care Store Hypermarket & Supermarket Official Store Costco, Carrefour, PX Mart Shopline POYA, Watsons, Cosmed Pharmacy Distributor & Baby Store EC Platforms Greattree, Norbel Baby, Showba, Kodomo momo, Shopee Woodpecker
Slide 9: Awards
Awards Beauty Innovation Awards Shampoo Product of the Year 30+ Domestic & International Awards Beauty Innovation Awards Hair Coloring Product of the Year Arte of Beauty Awards Hair Coloring Product Winner of 8 Awards
Slide 10: Vertical Integration
Vertical Integration R&D Leveraging market insights and technological breakthroughs to develop highly competitive products. Manufacturing Implementing automated smart warehousing and MES system to maximize production efficiency. Marketing Utilizing a diversified media mix to maximize brand awareness
Slide 11: GMP Factory
GMP Factory Good Green Building Manufacturing Label Practices ISO 22716 ISO 9001
Slide 12: Sustainable Development (ESG)
Sustainable Development (ESG) Published 2024 Sustainability Report Completed SASB-aligned Disclosure Conducted Greenhouse Gas Inventory Report Implemented Manufacturing Execution System (MES) Recognized with Bronze Award for SDG09 GMP Smart Factory Construction Project Key Achievements Item Benefit
Slide 13: Brand Development
Brand Development © 2025 美吾華股份有限公司 著作權所有
Slide 14: Hair & Body Care
Hair & Body Care Premium Hair Care Growth Emerging Brand Expansion SAHOLEA Silken Glow Camellia launches a large-size version. AQILAH & INGRELUX drive strong consumer demand. Launch of the new SAHOLEA Pure Light Immortelle series. Emerging brands launch trending-ingredient products, capturing
Slide 15: Hair Dye
Hair Dye Color Bubble Treatment Expanding hair dye market share High market acceptance for new formulations; introducing new Bubble hair dye: iBubble Limited Edition capturing youth; Rice shades and expanding channel coverage. Extract introducing new shades. Multi-brand strategy serving diverse cons
Slide 16: Mustela
Mustela Early Touchpoints Audience Expansion Leveraging baby expos for early engagement with new parents. Promoting 4 core family care lines: Stelatopia, Sun Lotion, Recovery ream, and Organic. Reaching new parents through newborn gift boxes and sample Driving professional channel expansion through
Slide 17: Financial Results
Financial Results © 2025 美吾華股份有限公司 著作權所有
Slide 18: Consolidated Balance Sheet
Strong Financial Position Consolidated Balance Sheet Higher current ratio:275% Lower debt ratio: 33% Unit： NT $ thousands ITEMS 2026.3.31 % 2025.12.31 % Current Assets 1,235,092 37 1,209,501 37 Non-current Assets 2,076,666 63 2,027,939 63 TOTAL ASSETS 3,311,758 100 3,237,440 100 Current Liabilities
Slide 19: Financial Position & Current Ratio Overview
Financial Position & Current Ratio Overview Lower Debt Ratio and Current Ratio Over 200% Strong Financial Position Unit: % 424% 362% 336% 307% 279% 264% 24% 26% 21% 28% 34% 33% 76% 74% 79% 72% 66% 67% 2020 2021 2022 2023 2024 2025 Equity Ratio Debt Ratio Current Ratio © 2025 美吾華股份有限公司 著作權所有 19
Slide 20: Consolidated Income Statement
Consolidated Income Statement Revenue YoY growth 7% Maintains stable net profit compared to 2025Q1 Unit：NT$ thousands 2026 Q1 2025 Q1 YoY% ITEMS (A) % (B) % (A-B)/B Operating Revenue 452,346 100 422,336 100 7.1 Gross profit 281,778 62 272,538 65 3.4 Operating expenses (207,024) (46) (206,429) (49) 0
Slide 21: Consolidated Revenue & Gross Margin Overview
Consolidated Revenue & Gross Margin Overview Consolidated Revenue and Gross Margin Sustains Unit: NT$ million;% Higher Level 67% 66% 66% 63% 65% 63% 1,584 1,486 1,289 1,301 1,245 1,065 2020 2021 2022 2023 2024 2025 Consolidated Revenue Gross Margin © 2025 美吾華股份有限公司 著作權所有 21
Slide 22: Maximization of Shareholder Returns
Maximization of Shareholder Returns Dividend per share Over $1 Last Five Years Dividend Yields Over 5% Last Five Years Unit: NTD per share ; % Annual 2019 2020 2021 2022 2023 2024 2025 Earnings 0.76 1.29 1.24 1.22 1.27 1.30 1.36 Cash 0.60 1.00 1.17 1.10 1.15 1.20 1.22 Dividends Dividend 4.57% 6.50%
Slide 23: Thank You!
Thank You! © 2025 美吾華股份有限公司 著作權所有