company presentation - gsd.net.t · 5 gsd philosophy • mission：to optimize the ecological...

www.gsd.net.tw www.gsd.net.cn

Company Presentation

Stock Code:6641

2019.08.20

Green Safe Development

by TS Lee/ Special Assistant

2019.8.20

www.gsd.net.tw www.gsd.net.cn 1

Company Profile

01 Operating Performance

02

Operating Strategy

03 Q & A04

ONTENTSC


Company

Profile

2


Company ◆ GSD Technologies Co., Ltd.

Stock Code ◆ 6641

Established ◆ Oct., 2013

Chairman ◆Hsieh, Hung-June

Paid in capital ◆NTD 340 Millions

Major business ◆Water and waste water equipment manufacturing,

sales and technical services

Brand ◆ GSD

2 Plants ◆ Pinghu & Yangzhou

Staffs ◆ 545 persons (2019.06.30)

3

Company Profile


Milestones

2010: GSD (China) established. 2011: Obtained many awards. 2012: Pinghu factory start operation. Focus on water & waste water treatment equipment market. Supply whole series of water & waste water treatment equipments.

2016: Sales grow 10% 2017: Sales grow 25% 2017: Qualified for High-Technology enterprises. 2018: Sales grow 15%

1995: Shanghai GSD established.

1996: Yangzhou factory established

2003: Built complete sales channels.

2008: Being Agent of SSI

1995Start

Business In China

2018I.P.O

2018: IPO in Taiwan.

2013: GSD (Cayman) established. 2014: -Obtain Chuan Yuan BVI 100% shares

Business Model: Product + Service

2014Equity

restructure

2010GSD (China) established.

Company Profile


GSD Philosophy

• Mission：To optimize the ecological environment and

to benefit the whole world. • Environment：All rivers are clean and no water is dirty.

• Company：The paragon among all brands, the leader

in WWTP industry. • Colleagues: To enable our staff's devotion in

wonderful career and life.

A promise to keep the natural environment to be green for the earth.

GGREEN

A promise to keep quality of products to be safe for customers.

S SAFE

A promise to keep company developing for staffs , shareholders, and society.

DDEVELOPMENT

Mission

&

vision

Company Profile


Shareholders' Structure ( as of Apr. 8, 2019 )

Number of people 1 13 1,574 8 1,596

Number of shares held 32,000 6,438,702 16,982,695 10,546,603 34,000,000

Shareholding ratio (%) 0.09% 18.94% 49.95% 31.02% 100.00%

Foreign

Institutions and

Foreigners

TotalShares heldFinancial

Institution

Other Juristic

PersonIndividual

Shares heldLess than

10,000

10,000-

200,000

200,000 to

1 million

More than 1

million sharesTotal

Number of people 1,481 89 18 8 1,596

Number of shares held 3,000,806 3,576,759 7,060,719 20,361,716 34,000,000

Shareholding ratio (%) 8.83% 10.52% 20.77% 59.89% 100.00%

Company Profile


Competitive Advantage

Outstanding Team

Management talent + environmental experts + R & D team= High-tech enterprises + more than 72 patents

Brand

High quality, cost-effective brand positioning

Product + Service

Full range of product supply and environmental engineering, providing whole plant design, maintenance

GSD business advantageto Maximize customers’ value

Sales Channels

33 business locations, providing instant service(Directly operated, supplemented by

distribution)

Good and honest enterprise management platform Corporate culture + business logic + management logic

Company Profile


GSD Technologies Co., Ltd. -Professional Partner of Environmental Protection Equipment and Technical Services

All rivers are clean and no water is dirty.

In September 2018, GSD successfully landed on the Taiwan Stock Exchange and became the first integrated service provider of environmental protection equipment and technical services based on the Chinese water treatment market.

Awarded the title of leader of China's water treatment industry in 2015

Ten brands of China's sewage treatment equipment in 2015

Top 50 Chinese water treatment companies in 2015

In 2016, it was recognized as a high-growth technology-based SME in Zhejiang Province.

2016-2017 Award for Environmental Equipment Competitiveness

In 2017, it was recognized as a national high-tech enterprise.

2012, 2013, 2014 water industry customer satisfaction equipment brand award

2015 sewage treatment equipment and service standard enterprise

2015,recognized as a municipal high-tech research and development center in Jiaxing City.

2015-2016 China's Most Valuable Environmental Protection Equipment Brand Pump Product Brand Award and Aeration Equipment Brand Award

Pump brand of 2016-2017 China's most valuable environmental protection equipment brand

2017 Environmental IoT Tech. Innovation Award

Leading company in 2017-2018 award for environmental equipment competitiveness

Company Profile


Common business model

Pre-sale

After sale

In Sale

⚫Optimal match for a single

equipment

⚫Equipment integration

⚫Process diagnosis /

improvement of standard

transformation

⚫Project simulation test

⚫Proposals / solutions offer

⚫Guidance installation

⚫Operation adjustment

⚫inspection and acceptance

⚫Adjustment of process

operation

Inquiry received

Quotation/ Bidding

Delivery / installation /acceptance

Warranty &Maintenance

Customer demand diagnosis analysis

⚫ Device troubleshooting

⚫ Operational anomaly analysis

⚫ Operational efficiency

adjustment

⚫ Risk assessment

Optimization of application & control

Optimization of scheme design

Optimization of operational efficiency

GSD: Sales + Environmental Engineering + Technical Service Model

Company Profile


Technical Service

Original Class B emission Standards

Up to Class A emission standards

Advanced oxidation treatment

A .design to achieving emission standards

Company Profile


Technical Service

B. A case to improve unit efficiency

Before upgrading (NOT GSD equipment)

After upgrading (GSD equipment)

3456 pcs of disc diffuser,

uneven aeration

3440 pcs of

disc diffuser,

even

aeration

2015.9 After the first aeration tank was upgraded, the energy consumption of blower decreased by 15~20%.

Company Profile


Total Service

SewageDischarge water

Sludge

Operation of urban /

sewage plants

Chemicals & Spare parts

Microbial agents, Chemical agent, membrane

Equipments

Pump, Blower, Aerator, Mixer, Filter Press

Monitoring System

Water quality, water quantity monitoring and recording Abnormal warning

Process

Process design, equipment modeling, advanced chemical treatment

Maintenance

Equipment history management,repair, replacement

Manpower, electricity

Management, maintenance staff, Power supply

Company Profile


Operating Performance

14



Consolidated income statement (NTD THD)

Items 2015 2016 2017 2018

Net Sales 1,171,289 1,290,919 1,622,684 1,867,639

Growth Rate 10.21% 25.70% 15.10%

Sales margin 452,080 503,034 635,387 739,292

Op. Expenses 416,041 421,865 445,830 475,650

Op. Income 36,039 81,169 189,557 263,642

EBIT 42,662 106,469 202,756 280,499

Net income 25,773 75,529 144,433 213,672

Income gorwth % 193.05% 91.23% 47.94%

EPS 0.86 2.52 4.81 6.86

0

500,000

1,000,000

1,500,000

2,000,000

2015 2016 2017 2018

Revenues

0

100,000

200,000

300,000

2015 2016 2017 2018

Net Income


0

100,000

200,000

300,000

400,000

500,000

600,000

18Q1 19Q1 18Q2 19Q2

Revenue Net Income

16

Consolidated income statement (NTD THD)Items 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2

Net Sales 304,070 383,235 441,393 493,986 430,567 476,365 510,410 450,297 394,512 505,098

Sales margin 113,299 148,074 173,049 200,965 170,020 188,768 205,466 175,038 152,536 200,285

Op. Expenses 93,605 99,332 121,910 130,983 108,395 119,925 124,442 122,888 108,567 134,036

Op. Income 19,694 48,742 51,139 69,982 61,625 68,843 81,024 52,150 61,625 68,843

EBIT 27,969 49,261 52,785 72,741 67,496 72,644 83,817 56,542 55,620 81,035

Net income 19,231 31,045 34,610 59,547 50,561 53,214 65,101 44,796 43,230 63,256

0

100,000

200,000

300,000

400,000

500,000

600,000

17Q1 17Q2 17Q3 17Q4 18Q1 18Q2 18Q3 18Q4 19Q1 19Q2

Revenues

0

20,000

40,000

60,000

80,000

17Q1 17Q2 17Q3 17Q4 18Q1 18Q2 18Q3 18Q4 19Q1 19Q2

Net Income

Items 18Q1 19Q1 18Q2 19Q2

Revenue 430,567 394,512 476,365 505,098

Net Income 50,561 43,230 53,214 63,256

Currency 2018H1 2019H1 Difference

NTD/CNY 4.64 4.56 -1.72%



Profitability

37.3 38.6 39.2

40.7 39.5 39.6 40.3 38.9 38.7 39.7

6.5

12.7 11.6 14.2 14.3 14.5

15.9

11.6

15.6 13.6

6.3 8.1 7.8

12.1 11.7 11.2 12.8

9.9 11.0 12.5

2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2

Margin% Opt Income % Net Income %



Dividend (NTD %)

4.36

11.52

20.43 22.12

2015 2016 2017 2018

ROE(%)Items 2017 2018

EPS(1) 4.81 6.86

EPS(2) 4.81 6.28

Cash dividend 3.01 3.8

payout ratio (%)(N1) 62.58% 60.51%

EPS(1): counted by average shares

EPS(2): counted by year end shares

N1: counted by EPS(2)



Revenues by products (NTD THD)

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

pump blower mixer others

Sales by Product

2015 2016 2017 2018

AMT % AMT % AMT % AMT % AMT %

pump 745,671 63.66 787,805 61.03 945,796 58.29 1,051,424 56.30 513,308 57.06

blower 152,522 13.02 211,701 16.40 327,277 20.17 406,255 21.75 191,139 21.25

mixer 87,466 7.47 98,067 7.60 153,279 9.45 133,092 7.13 73,250 8.14

others 185,630 15.85 193,346 14.97 196,332 12.09 276,868 14.82 121,913 13.55

Total 1,171,289 100.00 1,290,919 100.00 1,622,684 100.00 1,867,639 100.00 899,610 100.00

2018item

2015 2016 2017 2019H1



Operating Strategy

20


Future B

A

I

E

I▪Sustainable

▪Manageable

▪Affordable

▪Responsive

▪Transparent

▪Water/Waste

▪Aeration

▪Toxics

▪Energy

▪Resources

Bio、AI、IOT 、Equipment、Integrated

Operating Strategy


Future

GSD and NCKU water technology R&D Center

TongJi and GSD microorganism R&D Center

Industry-Academy Cooperation

upstream + cross-industry +

downstream partner

ex： Advantech

Strategic Cooperation

Environmental Steward / Third Party Governance / Operation / Supervision / Investment

Operating Strategy


The signing ceremony of GSD and NCKU

water technology R&D Center

The signing ceremony of TongJi and GSD

microorganism R&D Center

The cooperation case of GSD and NCKU wins

the Ministry of Science and Technology Special Award

Operating Strategy


River

Regulation

Industrial

Effluent

Municipal

Sewage

Rural

Sewage

Disaster

Prevention

Soil

groundwater

Disposal of

Sludge

Water

Recycling

ReplacementUpgrading and reconstruction Maintenance ServiceChemicals & Spare Parts I.O.T. Service

Zero

Discharge

China Market Southeast Asia MarketTaiwan Market India Market Other Market

Operating Strategy


Equipment/

Chemicals/

Consumables/

Microbial Agents

Equipment Sales

Aeration System/

Fenton System/

MBR System/

Integrated Processing System

Sludge Treatment System

Microbial Rapid Screening System

Anaerobic Reactor System

Project Implementation

Environmental Engineering Service

Environmental Association Service

Equipment Health Management

Equipment Repair / Hosting

Data Operation Management

Multiservice

Total

Service

Equipment

Environmental

Technology

I.O.T.Implementation

Operating Strategy


Smart Water Management System

Operating Strategy

Device

Perceptual

Water quality sensor

Water and mud level gauge

DO dissolved oxygen meter

NH3 ammonia nitrogen

meter

TB turbidity meter

Equipment information

Bearing temperature measurement

Motor leakage protection

Oil chamber leakage protection

Bearingtemperature measurement

Stator windingtemperature

measurement

Transport EP6

Smartmaintenance

Energy saving

Cost analysis optimization

Headquarters central control room

visualizeRemote

monitoringInstant

alert

GSD & Advantech

Monitoring

Decision


Thank you for your attention

27

Green Safe Development

Disclaimer• This presentation is a summary and assessment of the past, present and future operations of our company at the time of the presentation. It contains forward-looking statements that will be affected by risks, uncertainties and inferences, some of which will partially beyond our control. The actual conclusions may differ greatly from these forward-looking statements.

• The information provided (including views on the future) does not express or imply that it is correct, complete and reliable ; nor does it represent a complete exposition of the company, the state of the industry and the subsequent major developments.

• The expectation for the future in this presentation reflects our company's view so far. If there is any change or adjustment, our company is not responsible for reminding and updating at any time.

company presentation - gsd.net.t · 5 gsd philosophy • mission：to optimize the ecological...

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