Excellence Optoelectronics Holding Co., Ltd. · TWSE:3717
Excellence Optoelectronics — Q2 2023 Earnings Presentation
41 slides from Excellence Optoelectronics's earnings presentation, Jun 28, 2023
Slide 1: 2023Q2 Investor Conference
Stock ID: 6288 Excellence Opto. Inc. 2023Q2 Investor Conference Presenter: Ader Wu, VP Tony Lin, CFO Held by: IBF securities 2023.06.28
Slide 2: Safe Harbor Notice
Safe Harbor Notice ⚫ This newsletter and related information published contain predictive information obtained from internal and external sources of the company. This type of expression is based on expectations of current conditions, but it is subject to the effects of known or unknown risks or unce
Slide 3: Agenda
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 2
Slide 4: Agenda: Operating Performance
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 3
Slide 5: 2023 Jan. to May Consolidated Monthly Revenue
2023 Jan. to May Consolidated Monthly Revenue (compared to 2022 Jan. to May) Unit: USD thousand Operation overview 60,000 1. After electric component shortage eased, customers will increase 50,000 inventory level, leading our revenue back to normal amount. 40,000 2. Shipping fee has been decreased f
Slide 6: Agenda: Product and Market
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 5
Slide 7: 2023 Jan. to May Revenue Distribution (By Product)
2023 Jan. to May Revenue Distribution (By Product) 2% 8% 6% Automotive 8% light 90% Energy saving products 86% Industrial application 6
Slide 8: 2023 Jan. to May Revenue Distribution (By Region)
2023 Jan. to May Revenue Distribution (By Region) Unit: USD thousand 1% 5% 4% America 42,747 10% 9% 73% 10% China 6,143 13% Taiwan 2,699 75% Europe 5,464 Other 192
Slide 9: Information of Delivered Automotive Components
Information of Delivered Automotive Components Sales Quantity of Delivered Quantity of Delivered Quantity of Automotive LED Automotive Modules Automobile Over Over Over 1.67 Billion 61 13.59 Million Million Counting Period: 2010~2023/05
Slide 10: Market Share of New Vehicles in North America
近五年聯嘉在美國新車市佔率 Market Share of New Vehicles in North America Year 2019 2020 2021 2022 2023 Month Jan. – Dec. Jan. – Dec. Jan. – Dec. Jan. – Dec. Jan. – May Vehicles sold in North 17,047,725 14,134,473 15,111,133 13,899,871 6,234,357 America EOI Delivered products 2,710,000 1,463,000 1,720,000 1,472,3
Slide 11: SOP and EOP Projects in 2023
SOP and EOP Projects in 2023 • SOP: Start of Production 31 projects • EOP: End of Production 11 projects Car Maker SOP in 2023 EOP in 2023 Ford 4 5 GM 8 1 Stellantis 6 2 Porsche 1 0 BMW 4 0 Fisker 1 0 Tesla 1 1 CMC 2 0 JIDU 1 0 Lucid 1 0 BENZ 1 0 Volvo 1 1 Land Rover 0 1 Total 31 11
Slide 12: Focus on automotive EMS business
Focus on automotive EMS business Headlight and taillight Compounded grille lights & signal Vehicle LED contour light
Slide 13: 2023 Sales News
2023 Sales News ◆ Won 14 new vehicle project, providing a huge amount of future revenue. ◆ Maintained good relationship with two big customers in the North America, Magna and Flex-N-Gate, kept increasing cooperation projects ◆ Actively seeking visits from American and European clients, aimed to smoo
Slide 14: Agenda: Research and Innovation
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 13
Slide 15: Establish design core technologies
Establish 6 design core technologies EOI has 6 Core Technologies: optical, mechanical, electronics, thermos technologies, LED Package, and Software and firmware development, and is fully capable of providing customization and differentiation in terms of key technology of automotive light. Smart LED
Slide 16: Strengthen Innovative R&D
Strengthen Innovative R&D Patents Increasing EPI design LED Package ⚫ Luminous Efficiency ⚫ LED light brightness ⚫ Reliability ⚫ Light Shape Control Core Technologies Development Strategy Application Platform Module design ⚫ Lighting, Display and Sensor ⚫ Head Light、Digital Light Source ⚫ Structure
Slide 17: UniFlex series Milestone
UniFlex series Milestone UniFlex Linear Gen1 UniFlex VAVE UniFlex Linear Gen2 UniFlex Linear UniFlex UniFlex Plus ◼ Slim Linear-Lighting ◼ Linear-Lighting ◼ Area-Lighting Gen3 ◼ Area-Lighting ◼ Area-Lighting ◼ High Uniformity ◼ Lightweight ◼ High Uniformity ◼ Flexible ◼ Flexible ◼ High Intensity ◼ H
Slide 18: Illuminate Circuit Design Technology Roadmap
Illuminate Circuit Design Technology HW Tech. RoadmapMilestone 2024~2025 Automotive LED Matrix Display 2023~2024 ADB Headlamp 2022~2023 (Adaptive Driving Beam) Uniform Flexible LED module Source:
Slide 19: P1.25mm Display Specifications and Applications
P1.25mm Display Specifications and Applications CHARACTERISTICS ITEMS SPECIFICATIONS Driving Technology PWM Resolution 480 × 270 Pixel Pitch [mm] 1.25 LED RGB COB Weight [kg] 3.5±0.5 COB Module Physical Size [mm] 600 (H) x 337.5 (V) x 32 (D) Brightness [nits] 1000 ( by 45 scan) Brightness Uniformity
Slide 20: P1.58mm Display Specifications and Applications
P1.58mm Display Specifications and Applications California Sony Virtual Studio Sony's first digital cinema opens in (2022.10.21) Las Vegas Sony's first Digital Cinema Premium movie theater officially Sony has established the world's largest virtual studio opened in Las Vegas in the United States, wh
Slide 21: Capacity Utilization
Capacity Utilization Taiwan Headquarter 11 Production Line of Automotive LED Module Activation around 60% in 2023 1H, expecting to be 80~90% in 2023 2H China Dongguan Plant 8 Production Line of Automotive LED Module Activation around 70~80% in 2023 1H, expecting to be 90~100% in 2023 2H America Mich
Slide 22: Agenda: ESG Sustainable Operation
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 21
Slide 23: Keep Improving on the Grade of Corporate Governance Evaluation
Keep Improving on the Grade of Corporate Governance Evaluation FY2022 FY2021 Score Score 97.66 85.49 FY2020 Score 57.71 Ranking interval in Ranking interval in listed company : Ranking interval in listed company : listed company : 1.Improve to 21%-35% 1.Improve to 10%-20% 51%~65% 2.Improve to 11%~20
Slide 24: 2022 Energy Saving and Carbon Reduction Achievements
2022 Energy Saving and Carbon Reduction Achievements Decrease 73.14 M tons Water Recycling 14,222 tons Greenhouse Gas Emissions Greenhouse Reuse rate 71.0167 M tons Gases Water 24.18% Waste Recycling Energy Reuse rate 45.23% Save Electricity 143.73 kWh Waste Recycling Saving rate 37.05 tons 13.07%
Slide 25: 2023 EOI Supplier ESG Conference
2023 EOI Supplier ESG Conference • Date: 2023/3/7 • Course Description Global Automotive • Group discussions and competitions • Number of participants: 88 people Supply Chain ESG Targets • Recognition of outstanding suppliers • Participating members: senior executives of • 96.7% of respondents were
Slide 26: Establishing the EOI Carbon Reduction System Platform
Establishing the EOI Carbon Reduction System Platform. Establish a communication platform integrated by the central factory to coordinate with the supply chain vendors. It includes a counseling team and a training team to assist the supply chain vendors in achieving the central factory's carbon redu
Slide 27: Implementing the ISO 50001 Smart Energy Management System
Implementing the ISO 50001 Smart Energy Management System Cloud Smart Energy Management System platform Data acquisition On-site equipment
Slide 28: Project Support as an Economically Significant Company
EOI has been granted project support as an "Economically Significant Company" by the Ministry of Economic Affairs. With the energy management system as the technological core, innovative applications are employed to implement energy-saving technologies. Assist in the implementation of energy Industr
Slide 29: ESG Roadmap
ESG Roadmap • Establish the sustainable supply chain committee, construct the EOI carbon reduction system • Continue to implement Climate-related Financial Disclosure (TCFD) and Sustainability Accounting Standards (SASB) 2023 • The ISO 50001 energy management system was introduced to promote smart p
Slide 30: Happiness of EOI's colleagues
# Happiness of EOI’s colleagues Engaging in public welfare activities regularly, Industry- Caring for and organizing Government- Academia vulnerable monthly events. Collaboration groups Promoting Social participation environmental & collaborating for public welfare protection
Slide 31: Lantern Festival series of activities
#Lantern Festival series of activities ⚫ In 2022-2023 EOI continued its mission and responsibility Donate Love Lantern Lantern Riddles of spreading love and promoting social Lanterns Painting Guessing Game welfare. Over the course of two years, a Competition total of 417 love-themed lanterns were pr
Slide 32: Children's Day Series of Activities
#Children's Day Series of Activities ⚫ From 2019 to 2023 EOUI initiated the Dream Fulfillment Project during Children's Day and Christmas. Colleagues of EOI transformed into joyful angels for economically disadvantaged children, joining hands to fulfill their dreams with love. Additionally, statione
Slide 33: Mother's Day Series of Activities
#Mother's Day Series of Activities ● 2019-2023 Every year, we send Mother's Day gift boxes to organizations in need. This year, we ordered nearly a hundred Mother's Day gift boxes from the Mont Eden Deaf Baking Studio and donated them to relevant social welfare organizations for Slow Flight Angels.
Slide 34: Joint Celebration Series of Activities
#Joint Celebration Series of Activities ⚫ Every two months, we hold grand celebration events for employees who are celebrating their birthdays. Together, we share blessings and joy. These celebrations not only strengthen team awareness and promote employee interaction and communication but also cont
Slide 35: Other public welfare and friendly workplace activities
#Other public welfare and friendly workplace activities Since 2018, EOI has been In 2021-2022, we also ordering and donating donated masks and other birthday gift boxes and epidemic prevention holiday gift boxes for supplies, making efforts to employees from charitable contribute to the prevention o
Slide 36: Milestones in social participation since 2015
Since 2015, EOI has achieved significant milestones in social participation: Number of Number of Number of Volunteer Beneficiary Donation beneficiary beneficiaries volunteer hours hours units amount students 10,094,360 3288 3102 1050 3498 154 NTD people people people Hours Unit Including monetary do
Slide 37: Agenda: Outlook
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 36
Slide 38: Goal and Vision
Goal and Vision Mission Vision ⚫ Develop and execute new business ⚫ To become the most reliable and to exceed annual goals. value-added supplier in the ⚫ For future business growth, make automotive light source industry. good use of core competitiveness and innovate products and services ⚫ Become a
Slide 39: Future Outlook
Future Outlook Using the patented Uniflex technology to maintain a market share of one among 6~8 new vehicles uses EOI’s product in the North-America. Keep improving Adaptive Driving Beam, targeting to be an important supplier of automotive headlight module in the worldwide Start mass production of
Slide 40: Agenda: Q&A
Agenda 1 Operating Performance 2 Product and Market 3 Research and Innovation 4 ESG Sustainable Operation 5 Outlook 6 Q&A 39
Slide 41: Thanks for your listening!
Thanks for your listening! Wish we work together to make a better and more environmental- friendly future for mankind!
Excellence Optoelectronics — Q2 2023 Earnings Presentation on 6ix