KMC Investor Report 1
This meeting may contain forward-looking statements with respect to the financial condition, results of operations and business of the company. These forward-looking statements represent the company s expectations or beliefs concerning future events and involve known and unknown risks and uncertainty that could cause actual results, performance or events to differ materially from those expressed. Certain statements, such as those that include the words potential, estimated, and similar expressions or variations on such expressions may be considered forward-looking statements. Financial numbers in this report may include preliminary unaudited numbers or management accounts. 2
Agenda KMC Group Pursuit of Excellence Integration & Development plans Financial Summary 3
KMC Group 4 公司簡介 桂盟國際股份有限公司
KMC is the Largest chain manufacturer in the world 桂盟是全球最大的鏈條生產集團 地球 ~ 月球累計繞行圈數 :5 圈 總產量 (1977-2014): 3,956,000KM 地球繞月球總長 : 768,000KM 5.5Circles from 1977 5.5circles form 1977 5
Milestone 2014, Strategy Partners introduced 2012, Listed, start to Intergrade and Develop 2000, Global Operation 1989, Composition Cross-Straits 1986, started partnership with SHIMANO 1977, Established 6
Global Distribution Global HQS and R&D Center Tainan, Taiwan China HQS and R&D Center Suzhou, Jiangsu Global Production Tainan Shenzhen Suzhou Tianjin Vietnam Global Services Taiwan California Netherlands Jakarta Ho Chi Minh Hanoi 7
Pursuit of Excellence 8 公司簡介 桂盟國際股份有限公司
9 11 ifawards in 8 Consecutive Years 5 Red Dot Awards in 3 years 3 Taiwan Excellence Awards in 6years
KMC Sponsored Top Riders and Teams London Olympics MTB Gold & Silver Medal London Olympics BMX Gold Medal Beijing Olympics MTB Gold Medal Caja Rural - Seguros RGA Vuelta a Espana 2014 & 2015 10 Team MTN Qhubeka Le Tour de France 2015 Team BH Sr Suntour KMC 2015 UCI Elite MTB team
CSR KMC cooperates with many cycling associations to promote cycling culture an sports. Dream-Maker Young Rider Training Elderly Physical Fitness Detection School Community Sponsorship Love Cycling Taiwanese Cycling Team Sponsorship Bicycle Knowledge Propagation 11
Integration & Development plans 12 公司簡介 桂盟國際股份有限公司
Integration plans STEP 6 STEP 5 KMC China #4 STEP 4 KMC Suzhou KMC Suzhou STEP 3 KMC Shenzhen KMC Shenzhen KMC Shenzhen STEP 2 KMC-Tianjin KMC-Tianjin KMC-Tianjin KMC-Tianjin STEP 1 KMC-EU,US,ID KMC-EU,US,ID KMC-EU,US,ID KMC-EU,US,ID KMC-EU,US,ID KMC-VN KMC-VN KMC-VN KMC-VN KMC-VN KMC-VN KMC-TW KMC-TW KMC-TW KMC-TW KMC-TW KMC-TW KMC KMC KMC KMC KMC KMC KMC 2011 2012 2013 2014 2015 2016 2017 13
Prior Acquisition 新台幣百萬元 / unit in NT$ million 年度 (Year) 被收購公司 (Target Company) 收購價格 (Purchase Price) 收購價對淨值比 (PB Ratio) 本益比 (PE Ratio) FY12 FY13 FY14 FY15 FY16 台灣桂盟 / 越南桂盟 (KMC Taiwan & Vietnam) 歐洲 / 美國桂盟 & 印尼桂盟 (KMC Europe/ USA and KMC Indonesia) 天津桂盟 (KMC Tianjin) 深圳桂盟 (KMC Shenzhen) 蘇州桂盟 * (KMC Suzhou) 1,000 1.7 6.1 400 1.5 7.8 800 1.7 8.9 2,950 1.5 8.9 1,600 1.7 8.9 *2016 年第 3 季併入 (consolidated in 3Q16) 14
Development Plan 15
Operating Objects Continuously improve product mix Enhance in After Market business and Brand Application of Industry 4.0 Organization Restructure for strengthening operation Co-work with strategy partner in Bicycle components and accessories 16
Financial Summary 17 公司簡介 桂盟國際股份有限公司
Consolidated Balance Sheet 合併資產負債表 Consolidated Balance Sheet (Audited) FY11 經營層改組收購台灣 / 越南桂盟收購歐美印桂盟收購天津桂盟 Backdoor-listing KMC-Tainjin consolidated 現金及約當現金 Cash and cash equivalents 830 88% 395 20% 681 26% 900 26% 1,560 22% 其他流動資產 Other current assets 92 10% 670 34% 840 32% 1,012 29% 1,520 22% 固定資產 Fixed assets 2 0% 514 26% 486 19% 824 23% 2,476 36% 其他資產 Other assets 15 2% 382 19% 584 23% 772 22% 1,412 20% 資產總計 Total Assets 939 100% 1,961 100% 2,592 100% 3,508 100% 6,969 100% FY12 KMC-Taiwan/Vietnam consolidated FY13 KMC-EU&US&ID consolidated FY14 新台幣百萬元 /Unit:NT$ million FY15 收購深圳桂盟 KMC-Shenzen consolidated 銀行借款 Loan from bank 0 0% 341 17% 708 27% 586 17% 1,249 18% 其他及長期負債 Other liabilities 76 8% 499 25% 385 15% 657 19% 1,713 25% 負債合計 Total Liabilities 76 8% 841 43% 1,093 42% 1,244 35% 2,962 43% 股本 Capital 1,030 110% 1,030 53% 1,056 41% 1,092 31% 1,200 17% 保留盈餘及其他 Retained Earnings (168) -18% 90 5% 443 17% 1,173 33% 2,807 40% 股東權益合計 Total Equity 862 92% 1,120 57% 1,499 58% 2,265 65% 4,007 57% 負債及股東權益總計 Liabilities and Equity 939 100% 1,961 100% 2,592 100% 3,508 100% 6,969 100% 18
Consolidated Income Statement 合併損益表 Consolidated Income Statement(Audited) 新台幣百萬元 /Unit:NT$ million FY11 Backdoor-listing FY12 經營層改組收購台灣 / 越南桂盟收購歐美印桂盟收購天津桂盟收購深圳桂盟 KMC-Taiwan/Vietnam consolidated KMC-EU&US&ID consolidated KMC-Tainjin consolidated 營業收入 Net Sales 173 100% 1,353 100% 2,092 100% 2,780 100% 3,374 100% 營業毛利 Gross Margin 22 13% 384 28% 645 31% 948 34% 1,298 38% 營業利益 Operating Profit (30) -18% 248 18% 403 19% 537 19% 753 22% 淨利 Net Income 2 1% 257 19% 378 18% 462 17% 700 21% 每股盈餘 EPS(NT Dollars) 0.02 2.49 3.76 4.31 6.22 FY13 FY14 FY15 KMC-Shenzen consolidated 19
Contact IR Team For more information or to provide feedback on our investor relation, please contact at E-mail:jeterchen@kmc-international.com or ir@kmc-international.com 20
The Largest Chain Manufacturer In The World 21 公司簡介 桂盟國際股份有限公司