Chairman Ming-Hsien Chen - ST.SHINE · 2017-09-21 · differences between the actual results...
Transcript of Chairman Ming-Hsien Chen - ST.SHINE · 2017-09-21 · differences between the actual results...
1Your Satisfaction is our Priority
ChairmanMing-Hsien Chen
Your Satisfaction is our Priority
• This presentation contains forward-looking statements and these forward-looking statements are subject to risks, uncertainties and assumptions. The unexpected circumstances arise may cause the differences between the actual results and the company’s expectations.
• The forward-looking statements provided in this presentation is reflected by St Shine Optical current operation status and forward-looking assumptions. St Shine Optical shall not bear any liabilities for the differences between the actual results impacted by the external factors and the company’s early expectation.
• Neither this presentation nor any of its contents may be reproduced, amended, re-edited, removed, or send to a third party without the prior written consent of St. Shine Optical.
Disclaimer
Your Satisfaction is our Priority
Company Profile
Industry Overview
Business Overview
Planning and Perspective
Opportunities and Challenges
Content
Your Satisfaction is our Priority
1. Company Profile
Establishment:1986
Main Product:Disposable Contact Lens
Production base:Taiwan
Overseas subsidiaries:The Netherland, Shanghai
Employees:Over 3,200
Business Model:OBM for domestic market
ODM、OEM for export markets
Main Markets:Taiwan、Japan、China、UK、
Italy、USA
Foreign Ownership:54.86% (base on 106.4.15)
Profile
Your Satisfaction is our Priority
公司簡介
6
Awards二次榮獲勤業眾信(Deloitte)遠東高科技高成長前500大企業三次榮獲富比士(Forbes)亞洲區最佳200大中小型企業獎連續榮獲A+企業,四年總經營績效第一名(遠見雜誌)創造就業貢獻獎(中華民國中小企業協會)第一屆、第二屆金桂獎(OTC)台灣最佳聲望標竿企業-生技製藥業(天下雜誌)榮獲國家優良企業品質獎(外貿協會)榮獲中華民國生物產業協會2014傑出生技產業金質獎SNQ國家生技醫療品質獎-醫材組銀獎(生策會)多款產品榮獲台灣精品獎(國貿局)多款產品榮獲國家新創獎(生策會)
Factory I
Factory III Factory IV
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Factory II
Taiwan Factories 公司簡介
Factory VLogistic
Factory VI(construction in process)
Your Satisfaction is our Priority
公司簡介Taiwan Factories
Own Brand Products
Your Satisfaction is our Priority
公司簡介
New Product-Ticon光漾瞬間
帝康代言人 田馥甄推薦
公司簡介
Export Markets
India
South KoreaChina
IndonesiaMalaysia
Mexico
Canada
TaiwanHollandBelgiumGermanyDenmark
RussiaUK
Spain
Australia and NZ
USA
Iran
Singapore
LebanonSaudiIsrael
Arabia
Pakistan
Panama
TurkeyGreece
Hong Kong
Your Satisfaction is our Priority
Japan
Italy
公司簡介
OEM and ODM for International BrandsNihon OpticalJapan
Italy
China
Germany
USA
UK Specsavers
Your Satisfaction is our Priority
公司簡介
Your Satisfaction is our Priority
2. Industry Profile
America 42%
Europe 28%
Asia30%
Worldwide Contact Lens Markets- by region
Total market size:USD 7.2 billion
Year 2016
產業概況
Source :St. Shine Estimated
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Spherical 53%
Toric 26%
Multifocal10%
Cosmetic 11%
Year 2016
產業概況
Worldwide Contact Lens Markets- by function
Source :St. Shine Estimated
Taiwan Import/Export CL volumein past 5 years
Unit:thousand pcs
Your Satisfaction is our Priority
產業概況
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2012 2013 2014 2015 2016
176,141 179,348 197,913 196,945 219,384
450,540
553,814 647,666
745,771 875,164
Import Export
Source:Directorate General of Customs
產業概況
Competitions
精華光學(1986)優你康光學(1992)永勝光學(1995)-金可2012併購視陽光學(1998)-明基材料昕琦科技(1999)-仲琦科技昱嘉科技(2000)-台灣光罩熒茂光學(2001)-強茂集團
星歐光學(2004)-大立光精能光學(2007)-能率集團視茂光學(2008)晶碩光學(2009)-和碩望隼科技(2012)-長華電材加美光學(2013)
海外
台灣
Your Satisfaction is our Priority
USA - J&J、Alcon、B&L、Cooper VisionUK - ProvisItaly - SchalconSpain - Mark'ennovyJapan - Menicon、SeedKorea - Bescon、Interojo、G&G...China - HydronSingapore - Igel、Clearlab
Your Satisfaction is our Priority
3. Business Overview
營運概況
19Your Satisfaction is our Priority
Company Sales AmountUnit:million NTD
Note:Asia contributing for higher sales and account for more than 90% of total sales in 2016
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
1,839 2,173
2,392
3,099 3,459
4,169
5,222 5,411 5,860
6,458
營運概況
20Your Satisfaction is our Priority
Sales VolumeUnit:million pcs
-
100
200
300
400
500
600
700
800
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
142 188 200
304
373
464
576 598
663
727
Your Satisfaction is our Priority
Export Volume營運概況
Unit:million pcs
Source:Directorate General of Customs
-
100
200
300
400
500
600
700
800
900
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
116 169
191 247
323
451
554
648
746
875
117 153 159
228 270
367
457 500
564
654
Total Export St.Shine Export
營運概況
Your Satisfaction is our Priority
EPS and Dividends
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
10.58 11.1612.38
17.30
21.16
23.96
31.70 31.2028.88
35.26
7.50 8.00
10.50
14.5015.50
17.50
22.5023.85 23.50
27.00
營運概況
ROE
Your Satisfaction is our Priority
0
10
20
30
40
50
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
36.09%
30.58% 31%
37.99%40.37% 40.75%
45.29%
38.26%
32.6%
36.38%
營運概況
Production Lines Expansion
註:2017年新增之12條產線預計於年底完工
Your Satisfaction is our Priority
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10
20
30
40
50
60
70
2006 2007 2010 2011 2013 2014 2017
12
18
26
34
44
58
58+12
營運概況
25Your Satisfaction is our Priority
Foreign Investor Ownership
資料來源:股東常會最後過戶日
0
10
20
30
40
50
60
70
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
24% 28%
40%
45% 49%
51%
47%
57%
67%
55%
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4. Planning and Perspective
Your Satisfaction is our Priority
計畫與展望
Competitive AdvantagesStable and high efficient manufacturing process based on self-developed cast molding technology.
Own the most maximum OEM/ODM customers worldwide.
Made in Taiwan. High quality products trusted by customers.
Most variety product design, material formula and producing capability.
Immediately offer the most competitive price for variety products.
Professional regulation know-how -- To assist our customers obtain certificates faster.
“帝康Ticon” is the most well-known and reliable brand in Taiwan.
計畫與展望
28Your Satisfaction is our Priority
- Expansion will base upon market demands /Adjustments for production facilities
Production Planning
- Ongoing development for new function, more effective products
- Continue the development for highly efficient automation facilities
R&D planning
- Develop cosmetic contact lens overseas markets- Provide products in varieties to meet markets’
demands and segment the markets- Apply for regulatory approvals in emerging markets
MarketDevelopment
- Introduce new products and expand new product lines to existing customers
- Sales growth above average industry growth
Growth Target
Planning and Perspective
Your Satisfaction is our Priority
5. Opportunities and challenges
機會與挑戰
- Mainstream ProductsDaily Sphere-> The fast growing North American
Markets Stable markets for Asia and Europe
Daily Colors-> Asian Market- Potential Products
Toric -> Matured Market in Europe and North AmericaMultifocal Progressive -> Worldwide Markets(above 40
year old)
- International Brands market entrenchment in Europe and North America
- Smaller competitors price cutting in Asia
Threat/Competitions
Growth Momentum
Your Satisfaction is our Priority
Opportunities and Challenges
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Q & A