Good Will Instrument CO., LTD.(2423) Investor Conference

Transcription

1 Good Will Instrument CO., LTD.(2423) Investor Conference

2 Agenda 5 Future 3 1Company Profile 2Main Business Financial Data 4Competitive Edge Outlook 6 Conclusion 7 Q&A 2

3 Company Profile 3

4 Company Profile It has been 39 years of history. Date of Establishment:September, 1975 Chairman of the board:mr. Ching-Chang Lin Capital:NT 1,315,000,000 (2014) Business revenues: NT 2,096,000,000 (2013) Operation HQs:No. 7-1, Jhongsing Road, Tucheng Dist., New Taipei City ( square feet) Employees:397 (Taiwan), 714 (Global) Main business :Test and measurement instruments, environmental testing equipment, video surveillance system International standards:iso 9000 / ISO certified Stock listed:taiwan Stock Exchange listed in the year of

5 Main Business 5

6 Main Business Video surveillance system Environmental testing equipment Consolidated revenues in Q2, 2014 Test and measurement instruments 6

7 T&M Product Lines Oscilloscopes Spectrum Analyzers Signal Sources Power Supplies Basic T&M Instruments 7

8 Electronic Instrument Industry Electrical and Electronic Sectors 1 Research 2 Development 3 Production 4 QC 5 Maintenance T&M Instruments Education 1 Research & Scientific Facilities 2 Experiments for Electronic Related Subjects

9 Environmental Reliability Testing Equipment Constant Temperature/Constant Humidity Bath On/Off Power Supply ATE Cold/Hot impact testing device 9

10 Video Surveillance System 10

11 Financial Data 11

12 Consolidated Statement for 2012, 2013, and Q Accounts 2014 Q Operating Revenues 1,022,826 2,095,978 1,889,130 Gross Profit 480, , ,997 Gross Profit Rate 47% 44% 46% Operating Expenses 409, , ,676 Operating Expenses Rate 41% 41% 40% Non-operating Income and Expenses 35,822 78,858 59,455 Net Income 85, , ,494 Net Income Rate 8% 6% 6% Earning Per Share EPS in one NT dollar; others in NT Statement prepared and verified by Yong-An accounting firm 12

13 Consolidated Operating Revenues and Profit Margin for the Recent Five Years 2,100,000 80% 1,900,000 60% 1,700,000 1,500,000 1,300, % 20% Operating Revenue Gross Profit Rate 13

14 Sales Ratio in Q2, 2014 by Products En viro n m e n t a l Te s t in g 6% Vid e o Su rve illa n ce 7% Operating Revenues Others Oscillo sco p e s 7% 18% Spectrum Analyzers 9% Power Supplies 39% Ba sic T& M 14% 14

15 Dividend Policy for the Recent Five Years Cash Dividend Stock Dividend EPS 15

16 R&D Expense to Consolidated Revenues Ratio for the Recent Five Years 2,500, % 2,000, % 1,500, % 9.50% 1,000, % 500, % Revenue % R&D Expense to Revenue Ratio 16

17 Competitive Edge 17

18 Complete T&M Product Lines Complete product More than 5categories & 300+Models Characteristics of General instrumentssmall quality and various models More than 30 years of production Know-How 18

19 Global brand awareness of 40 years in Affordable Exquisite test instruments 19

20 Multinational R&D team R&D Engineers Consolidating excellent R&D engineers from Taiwan, Japan, and China 20

21 Global Sales Channels Netherlands Subsidiary Established in September, 2014 Suzhou/Shanghai Subsidiary Korea Subsidiary TEXIO, Japan USA Subsidiary HQs (Taipei) Products sold to 200 Distributors in 80+ Countries globally Malaysia Subsidiary 21

22 Future Outlook 22

23 Driving Force for Future Growth Driving Force for Future Growth Strengthen Market Management Emerging Industries New Business 23

24 Emerging Industries Automotive electronics Environmental testing equipment (reliability) Aging test (power supplies, electronic loads) Performance test (turnkey solutions) Test centers Energy related industries Power supply.electronic load Performance test (turnkey solutions) 24

25 Strengthen Market Penetration EU Netherlands Strategies : Strengthen logistics and services Expand and augment sales channels Explore EU market Coverage Objective: Projecting 20% growth rate Japan Background: Economic bubble for 15 years and changing industrial technology have weaken Japan s T&M manufacturers Strategies: Merged Japanese T&M manufacturer Texio in 2012 to expand Japanese market penetration (Texio was KENWOOD T&M business) 25

26 New Business Video Surveillance Enterprise Centralized; Big Scale FUNCTIONS Recording & Video Management Redundancy & High Availability Intelligent Video Analytics 3 rd Party Integration VERTICAL MARKET Government Bureau School Commercial Buildings Basic Distributed; Small Scale FUNCTIONS Local recording & Operation Centralized Management POS/ACS Integration VERTICAL MARKET Retail Gas Station Banking Global Distributed; Big Scale FUNCTIONS Centralized User Authenfication Centralized Device Management Streaming Relay VERTICAL MARKET City Surveillance Transportation Multinational Firms 26

27 Conclusions R & D Investment 27

28 Q&A 28

29 Thanks for your Attention