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Sheh Fung Screws Co., Ltd
(SQL:2065)
Daniel Huang, VGM August 21, 2019
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This presentation and release contain “forward-looking statements”
which may include projections of future results of operations, financial
condition or business prospects based on our own information and
other sources. • Our actual results of operations, financial condition or
business prospects may differ from those expressed or implied in these
forward-looking statements for a variety of reasons, including but not
limited to market demand, price fluctuations, competition, international
economic conditions, supply chain issues, exchange rate fluctuations
and other risks and factors beyond our control. • The forward-looking
statements in this release reflect the current belief of Sheh Fung screws
company as of the date of this release. Sheh Fung screws company
undertakes no obligation to update these forward-looking statements
for events or circumstances that occur subsequent to such date.
DISCLAIMER STATEMENT
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CONTENT
General introduction
Market Distribution
Competitive Advantages
Future Prospects
Operating Achievement
01
02
03
04
05
General introduction
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Date of Establishment: 1973.8.9
Paid-in Capital: TWD 327 Million
Main Products: Construction Screws
Number of Employee: 295
President Terry Tu
General Manager Kent Chen
Manufacturing Facilities
Mituo
Heading
Pinch Pointing
Threading
Packing
Yong An
Coating
Head Coating
Ciaotou
• Heat Treatment
• Electronic Plating
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Competitive Advantages
Customized Service
Production Integration
Quality Assurance
Intelligent Production 01
02
03
04
679,298
162,093
301,350
94,438
163,102
600,416
97,585 134,325
43,863 50,114
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2016年
2017年
2018年
2019年1~6月
Unit: TWD 1,000
USA Europe Oceania Asia Other
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Market Distribution
11…
15…
5%
5%
65%
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Recent Events
01
02
03
EPS in Q2 of 2019 is 1.65 and in H1 of 2019 is 2.48
Acquired the ETA certificate
Brought the 200,000 m2 land use rights which is located Ham Kiem II Industrial Park, Vietnam
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2015 2016 2017 2018 Jun 2019
Revenue 1,155,447 1,118,385 1,087,241 1,400,282 926,303
Gross margin 15.5% 17.6% 13.2% 16.5% 19.9%
Net Profit Margin 4.7% 8.0% 3.5% 6.7% 8.7%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
Operating Results
+29% -3% -3% +38%
Unit: TWD 1,000
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2015 2016 2017 2018 Jun 2019
EPS 1.86 3.04 1.20 2.87 2.48
Dividend 2.00 3.00 1.58 2.70
Dividend yield 108% 99% 132% 94%
2.48
0%
20%
40%
60%
80%
100%
120%
140%
-
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Operating Results
Unit: TWD
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Vertically
Integration
Intelligent
Management
Expanding
Markets
Future Prospects
To be Reliable
Partner
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Exporting Country HS Code USA Europe China
Taiwan
731812 12.5 3.7 8.0
731814 6.2-8.6 3.7 8.0
731815 6.2-8.5 3.7 8.0
Vietnam
731812 12.5 3.7 8.0
731814 6.2-8.6 3.7 8.0
731815 6.2-8.5 3.7 8.0
Prospects-Tariff
0% 0%
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Europe Canada China ASEAN USA Oceania
Sheh Fung Taiwan Sheh Fung Vietnam
Prospects-Market Development
Q&A
14
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