2019 q3 performance presentation held by taipei exchange - acs · presentation held by taipei...

2019 Q3 Performance Presentation held by Taipei Exchange

2019/11/18

Agenda

• Operation Review

• Business Outlook

• Financial Highlights

2

Operation Review

3

Copyright © 2019 CTCI All Rights Reserved.

Accomplishments of Corp. Governance and CSR

4

(2015~2019) 2019 2019

Announced

2018 2018 2018

Sustainability Report is certified with AA1000 by BSI

Our CSR Certifications

Evaluated as top 5% in the “Corporate Governance Evaluation System” for five years in a row

Obtained Top 7th in Medium Enterprise of 2019 Commonwealth Magazine Excellence CSR”ranking 100.

Top 36th of 2018 Commonwealth Magazine ranking 2000 in the category of Information Equipment Sales and Service

Awarded Top 50 Corp. Sustainability Award by TCSA

Awarded Top 50 Corp. Sustainability Report Award by TCSA

Awarded People Development Award by TCSA


Accomplishments of Health and Safety

5

Awarded the honor of “Contractor with Excellent Safety Record” by TPC

Won the 3rd prize in Construction Category of “2018 subcontractor HSE Campaign” held by TIAC.

2019 2019

2019 2018

Our HSE Certifications ISO 14001 ISO 45001

Awarded the honor of “Contractor with Excellent Supervisor ” by TPC

Passed ISO 45001:2018 certification


Accomplishments of Quality

6

Awarded the Certificate of Appreciation by GPPC.

Awarded the Certificate of Appreciation by Everlight Chemical.

Awarded the Certificate of Appreciation by TIAC.

Awarded the Certificate of Appreciation by NPC.

Awarded the Certificate of Appreciation by FPCC.

Awarded the Certificate of Appreciation by CPC Linyuan Plant.

Our Quality Certifications

ISO 9001 CMMI ML3


New Contract Amount and Distribution

7

13.4 10.0

36.5

14.8

9.3

2015 2016 2017 2018 2019 Sep.

Intelligent Manufacturing

20 %

Advanced Automation

13 %

Mechartronics 52 %

ICT Application 15 %

Annual Contract Amount over the years In hundred million of NTD

Distribution of 2019 Jan. to Sep. Contract Amount


Backlog and Distribution

8

10.8 11.5

37.1 37.6 39.1

2015 2016 2017 2018 2019 Sep.


6 % Advanced

Automation 14 %

Mechartronics 32 %

ICT Application

48 %

Annual Backlog over the years In hundred million of NTD

Distribution of 2019 Backlog


The First Half of 2019 Major Project Awarded

9

Industry

1. Taichung LNG Terminal Loading Arms Control System Renewal Project

2. Digital Project solution for petrochemical plant

3.

Glass panel plants plumbing engineering

4.

Smart P&ID Implementation for petrochemical plant

Transportation

1. Taoyuan Airport T2 BHS O&M

2.

Taichung MRT Signaling Installation Extra Work

3. NSPO Ground Station monitoring system integration work

4.

Taoyuan Airport T3 BHS Subcontracted Project

Process Digitalization solution for Semiconductor materials plant

Mr. Energy solution for Electronic factory Clean MEP work for Biotechnology factory

5.

6.

7.

8.

5. Taipei MRT Xinzhuang Machinery Manufacturing Plant Power Remote Control System Inspection Service

Thermal Image Monitor System Implementation for Plastic Plant

Business Outlook

10


Business Outlook – Industry Field

11

The government promotes circular economy and wants to establish some demonstration areas. → Brining process optimization and energy conservation works

Under the new energy policy, natural gas will be the major source of electricity generation. → Strives for LNG receiving terminal I&C work with CTCI Group

Due to environmental policy, Natural Gas become clean fuel for plants. → Strives for LNG satellite station construction related work.

With government promoting the AI plan, more and more enterprises are planning on AI investments. → Bringing IoT and AI applications implement opportunity

China-US trade war and government policy will encourage Taiwan businesses in China to move back to Taiwan. → Bringing clean room M&E and smart solutions implement works

Icon made by Eucalyp from www.flaticon.com


Business Outlook –Transportation Field

12

Passenger volume at Taoyuan International Airport hits record high in 2018, TIAC continues to promote various new construction projects. → Strives for various construction projects

Metro-Taipei continues to optimize and update existing systems. → Bringing CCTV, Signaling and comm. System update works.

THSRC would like to enhance self-maintenance capabilities and implement material localization. → Strives for railroad switch PLC control box development project and PIDS

Ref: THSRC Q1~Q3 2018 Operating results


Potential Business Opportunity – Industry Field

13

Petrochemical Industry

LNG Receiving Terminal I&C Work

LNG Satellite Station Construction work

APC System Implementation

Energy Optimization System Implementation

Process Improvement Service

DCS O&M Work for Plastic Plant

Process Optimization for Textile mill plant

Traceability and antiforgery system Implement for PVC plant.

Upstream

Midstream – Pertrochemical Plant

Downstream

HiTech/BioTech Industry

Mr. Energy Implementation for IC Design House

Mr. Energy Implementation for Wafer Foundry

Mr. Energy Implementation for Assembly House

MEP and I&C work for Glass Panel Plants

Mr. Energy Implementation for Electronic Foundry

Semiconductor

Panel and Electronic Foundry

Clean room MEP work for Biotech factory

Biotechnology

Smart P&ID Solution Implemeatation


Potential Business Opportunity – Transportation Field

14

Rail

Taipei MRT Communication Engineer work.

Taoyuan MRT MEP Subcontract work

Taipei MRT CCTV Renewal Work

Taipei MRT Signaling System Renewal Work

Taipei MRT Stray Current Renewal Work

Airport

MEP related work in Taoyuan Terminal 3

Sub-Scada System implementation in Taoyuan Terminal 3

照片來源: Cheng-en Cheng@flickr – CC BY-SA 2.0 (The original photo was be cropped.)

Information System Integration work for Taoyuan T1 and T2

Financial Highlights

15


Consolidated Revenue and Distribution

16

14.5

11.4

13.4 14.1

8.0

2015 2016 2017 2018 2019 Sep.

Advanced Automation

15%


20 %

Mechartronics 57 %

ICT Application

8 %

Annual Consolidated Revenue over the years In hundred million of NTD

Distribution of 2019 Jan. to Aug. Consolidated Revenue

Copyright © 2019 CTCI All Rights Reserved. 17

2019/09/30 2018/09/30 YOY

Sales Revenues 798,216 100.00% 1,070,787 100.00% -25.46%

Operating costs (676,560) -84.76% (930,477) -86.90% -27.29%

Gross Profit 121,656 15.24% 140,310 13.10% -13.29%

Operating expenses (71,581) -8.97% (75,538) -7.05% -5.24%

Operating income 50,075 6.27% 64,772 6.05% -22.69% Total non-operating income and expenses 14,825 1.86% 7,516 0.70% 97.25%

Profit before income tax 64,900 8.13% 72,288 6.75% -10.22%

Income tax expense (6,324) -0.79% (14,969) -1.40% -57.75%

Profit for the period 58,576 7.34% 57,319 5.35% 2.19% Profit attributable to Owners of the parent 58,576 7.34% 57,319 5.35% 2.19% Total basic earnings per share 2.49 2.44 2.05%

Q3 of 2019 Consolidated Income Statement Unit: NT$, Thousand

Copyright © 2019 CTCI All Rights Reserved. 18

Q3 of 2019 Consolidated Balance Sheet 2019/09/30 2018/09/30

Current assets* 1,010,757 91.32% 1,197,904 93.70%

Non-current assets 96,097 8.68% 80,522 6.30%

Total assets 1,106,854 100.00% 1,278,426 100.00%

Current liabilities 529,018 47.79% 727,313 56.89%

Non-current liabilities 30,571 2.76% 18,304 1.43%

Total Liabilities 559,589 50.56% 745,617 58.32%

Equity attributable to owners of the parent 547,265 49.44% 532,809 41.68%

Non-controlling interest 0 0.00% 0 0.00%

Total equity 547,265 49.44% 532,809 41.68%

Total liabilities and equity 1,106,854 100.00% 1,278,426 100.00% **Cash and cash equivalents:NT$4.18bn

Unit: NT$, Thousand


Dividend Payout

19

2.92

4.77

6.02

5.38

4.32

3.44 3.40 3.08 3.23 3.25

3.01

4.02

5.42

4.51 4.26

2.53 2.53 2.51 2.88 2.78

103%

84% 90%

84%

99%

74% 74%

81%

89% 85%

0%

20%

40%

60%

80%

100%

120%

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

98年 99年 100年 101年 102年 103年 104年 105年 106年 107年

每股稅後盈餘每股現金股利現金股息發放率(%)

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

EPS Cash DPS cash dividend payout ratio

Unit: NT$

2019 q3 performance presentation held by taipei exchange - acs · presentation held by taipei...

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