Dyaco International Inc. · TWSE:1598
Dyaco International — Investor Presentation (2021)
18 slides from Dyaco International's investor presentation, 2021
Slide 1: Stock Code 1598
Stock Code：1598 Presenter : Melon Huang
Slide 2: Agenda
Agenda • Company overview • Competitive advantages • Operating results • Future outlook 2
Slide 3: Company Overview: Basic Information
Company Overview Basic Information • Date of 1990/06/02 • Chairman LIN ING-GIN Establishment • Head Office Taipei, Taiwan • General Manager CHEN MING-NAN Changhua, Taiwan • Factory Dongguan, Jiaxing, • No.of Employees 1,500 人 China • Brands • Capital NTD 1,339 million • Main products Fitness equipme
Slide 4: 2018~1Q21 analysis by brand
Company Overview 2018~1Q21 analysis by brand Main Market Home Market Mass Market Commercial Market Main brands 1H/21：52.01% 1H/21：16.45% 1H/21：1.42% 1H/21：17.49% Percentage 2020年：63% 2020年：12% 2020年：1% 2020年：14% Shipment in of sales (%) 2019年：40% 2019年：14% 2019年：1% 2019年：25% succession 2018年：39％ 201
Slide 5: A full range of brand layout
Competitive Advantages Price of the brand: Market Position • A full range of brand layout High Professional user/Sports fanatic Focus on the quality of products and the experience of users Commercial market/Professional Retail Market Sports lover Preference for product appearance is higher
Slide 6: Global Distribution Channels
Competitive Advantages Global Distribution Channels Dyaco’s brands cooperates with numerous distributors(which include the largest fitness distributors of North America, Europe, China and etc.) 6
Slide 7: 2018-2021/1Q Income Statement
Operating Results 2018-2021/1Q Income Statement in Thousands of NTD 2021/1H 2020/1H YoY 2020 2019 2018 Operating income 6,612,287 4,156,025 59.10% 13,123,756 5,850,528 5,557,150 COGS 4,284,654 2,561,981 67.24% 7,639,437 4,134,129 4,029,751 Gross profit 2,327,633 1,594,044 46.02% 5,484,319 1,716,399
Slide 8: Product Mix & Margin
Operating Results Product Mix & Margin Product Mix Margin 100% 2.48% 2.40% 45% 4.67% 5.27% 41.79% 0.61% 3.36% 8.75% 90% 12.72% 0.43% 15.93% 6.75% 5.14% 80% 0.90% 1.36% 40% 12.10% 14.99% 70% 35.20% 60% 35% 50% 86.80% 29.34% 40% 83.28% 30% 27.49% 66.40% 65.66% 30% 20% 25% 10% 0% 20% 2018 2019 2020 1H/
Slide 9: Brand marketing mix 2021/1H
Operating Results Brand marketing mix 2019 2020 2021/1H 78,846 , 1% 85,327 , 1,336,001 , 1% 760,947 , 1,011,352 , 10% 13% 60,517 , 20% 1% 1,483,293 , 2,048,662 , 12% 40% 991,288 , 3,133,485 7,995,598 , , 52% 713,732 , 16% 1,789,183 , 63% 14% 14% 1,264,528 , 1,054,038 25% , 18% SOLE SPIRIT XTERRA OTH
Slide 10: Revenue by Region
Operating results Revenue by Region Europe China 1H21 13.0% 2020年 9.1% 1H21 2.4% America 2019年 14.7% 2020年 2.9% 1H21 79.2% 2019年 5.9% 2020年 83.2% 2019年 69.3% Asia Others 1H21 3.3% 2020年 2.9% 1H21 0.9% 2019年 5.4% 2020年 0.6% 2019年 1.7% 10
Slide 11: Dividend Policy
Operating results Dividend Policy 2020 2019 2018 EPS 11.69 2.05 1.2 Cash Dividend 7.46 1.15 0.35 Stock Dividend - - 0.35 Dividend Payout 64% 56% 58% Ratio 11
Slide 12: Brand market share expanding of SOLE
Future overlook Brand market share expanding of SOLE • Due to global fitness market will keep growing, SOLE is currently planning to extend their production lines in home and light commercial equipments. It is expected that those new products will helps fuel for the company’s future growth. SOLE Rev
Slide 13: Expand the market share of home fitness
Future overlook Expand the market share of home fitness XTERRA Revenue Amazon Shipment 1,700,000 301000 1,483,293 251000 1,300,000 201000 190110 991,288 900,000 151000 713,732 525,134 101000 500,000 51000 22800 18000 1200 100,000 1000 2018 2019 2020 1H/21 2017 2018 2019 2020 2021 in Thousands Unit o
Slide 14: Global Fitness Market Trend after the COVID-19
Future overlook Global Fitness Market Trend after the COVID-19 Global Fitness Market 2020 2027 Health and fitness cognition rise $13.4 CAGR 5.3% $19.3 billion billion Source: Research and Markets Home fitness has become a habit Global Home Fitness Market 2020 2026 Online course & AI Fitness $9.5 CAG
Slide 15: Smarter Cardio Experience
Future overlook Smarter Cardio Experience X High Quality Fitness Equipment Top-notch Smart Fitness Content Development Technology Dyaco continues to develop and launch excellent products at an NYC-based STUDIO, has top-notch affordable price. With its high cost content development technology. Its pe
Slide 16: Smarter Cardio Experience
Future overlook Smarter Cardio Experience ▲ One Of the World’s First Connected Elliptical Products 16
Slide 17: Expand global market share and start plant expansion plan
Future overlook Expand global market share and start plant expansion plan Increase product line & Improve production and shipping efficiency Increase warehouse scale & Improve logistics and after-sales service efficiency 15
Slide 18: Thank You!
y. OYCCOts BF Thank You! dA