ACBEL POLYTECH INC.

ACBEL POLYTECH INC.
Aug 2015
1
Agenda
Company Profile
&
Future Prospect
Financial Results
2
Company Profile
&
Future Prospect
3
Group Overview
New Kinpo Group
Established：1973
Major Business：
Electronic Components
Manufacturing；Communication
Services；PC, NB, Mobile Phone
Printer Assembly
Revenue：2014 US$35.1 Billion
Total Employees：123,911
AcBel Employees: 10,500
CAL-COMP
EMS
Communication
ACBEL
Power
Supply
KINPO
Consumer
PC Peripheral
Production Sites：72
Public Listed Company：AcBel,
Kinpo, Compal, Cal-Comp,
Arcadyan, ACCL
ACCL
PCB
*Only listed affiliates
4
COMPAL
Notebook
PC
ARCADYAN
WiFi
Shareholders
Other
Company
29.91%
Individual
39.60%
Foreign
Investor
16.81%
Financial
Institution
13.68%
(Date:2015.4.19)
12th Taiwan listed companies information transparency and disclosure
highest ranking A++
st
1 Corporate Governance ranking top 5%
• The largest shareholder is Kinpo Electronics Inc., holding 22.3% shares.
• AcBel’s Board of Directors consist of three Independent Directors, strength
corporate governance.
5
History
1981- AcBel were founded in July, named Leadtorn Industrial Inc.
1985- AcBel obtain power supply orders from IBM.
1996- AcBel acquire a business division from Vidar-SMS and change official name to
API Technology Co., Ltd.
1998- AcBel announce new CIS and change English name to AcBel Polytech Inc.
2003- AcBel IPO on Taiwan Stock Exchange (ticker 6282).
2009- AcBel launch intelligence LED street light products.
2010- AcBel and Bloomenergy strategic alliance to launch fuel cell
products.
2013- AcBel ship smart grids products to Taipower.
Achievement
• Rank No.7 of PS manufacturers in the world in MTC report
from 2009 to 2011 and rise to No.6 from 2012.
(OEM/Embedded and Telecom)
• AcBel receive an honor of the Top 1000 Taiwan Manufacturing
Companies by CommonWealth Magazine. (2014 ranking 143)
6
Company Vision
“提供完整的解決方案，
成為尖端環保能源的最佳夥伴”
“Providing total solution to be your
leading edge green power partner.”
7
Consumer Power Supply
Consumer(IT)
•
•
•
•
Consumer(Others)
•
•
•
•
•
Personal Computer (DT, AIO, NB)
Smart Phone
Tablet
Entry-Level Server
8
Set-Top-Box
Water Filter & Air Purifier
Printer (Inkjet, Laser, 3D)
Unmanned Aircraft
Surveillance
Industrial Power Supply (1)
Computing & Storage
•
•
•
Networking
•
Main Frame
Storage
Server
9
Networking (Super Router)
Industrial Power Supply (2)
Telecom
•
•
DC-DC module
Telecom Power +
Cabinet
Medical
•
•
•
•
MRI
Ultrasound
Respirator
AED
10
Fuel Cell
•
•
Power Inverter
Power Converter
Industrial Power Supply (3)
LED
•
•
Outdoor Lighting
Indoor Lighting
Electric Vehicle
•
•
•
On-board Charger
Converter & Inverter
Battery Charging
Station
11
Smart Grids
• Smart Meter
• Power Distribution
Automation
• Repeater/Concentrator
• Auto Metering Reader
System
Smart Grids Strategy
2015~2020
Phase 3
2014~2018 Phase 2
2010~2016
Phase 1
2011~2014
Phase 1
2015~2020
Phase 3
2015~2020
Phase 3
12
Balanced Customers Portfolio
AMWAY
ASUS
BLOOM ENERGY
CALCOMP
CANON
CHT
CISCO
COMPAL
DELL
EMC
FOXCONN
FUJITSU
HITACHI
HP
IBM
JABIL
JUNIPER
KINPO
LENOVO
MTI
NCR
NEC
NOKIA
PACE
PEGATRON
PHILIPS
QUANTA
SCHNEIDER
SHARP
SUGON
SUPERMICRO
TECHNICOLOR
TOSHIBA
VENTURE
VIBO
WINCOR NIXCORF
WISTRON
ZT
*in alphabetic order
13
Global Logistics
Ireland
Scotland
EUROPE
NORTH
AMERICA
Beijing
Pardubice,CZ
Budapest,HU
ASIA
Plainfield,IN
Japan
Boston,MA
Rochester,MN
Cranston,RI
Wuhan
Sunnyvale,CA
Shanghai
Kingston,NY
Chongqing
Santa Teresa,NM
Taiwan
AFRICA
Raleigh,NC
Nansha
El Paso, TX
Xiamen
Malaysia
Dongguan
SOUTH
AMERICA
Singapore
Manaus, Brazil
Philippines
AUSTRALIA
Sao Paulo, Brazil
Manufacturing : 5
Nashville,TN
Jalisco,Mexico
Warehouse : 22
Technical Support & After Service : 9
Office : 12
14
Austin,TX
Plant Info (1)
Taiwan
Dongguan,China
15
Plant Info (2)
Wuhan,China
Laguna,Philippines
Manaus, Brazil
16
Financial Results
• From 2013, the financial numbers are based on
International Financial Reporting Standards (IFRS)
17
Consolidated Revenue
Unit: NT$ billion & YoY(%)
22.08
22.44
24.39
24.59
2010
2011
2012
2013
24.08
2014
＊ 2015Q2: 4.96 billion／QoQ -4.8%／YoY -24.1%
2015H1: 10.18 billion／YoY -14.2%
18
Net Income After Tax
Unit: NT$ billion & % of revenue
1.25
0.97
4.4%
1.10
1.05
5.1%
0.61
4.3%
4.6%
2.7%
2010
2011
2012
2013
2014
＊ 2015Q2: 0.10 billion
2015H1: 0.22 billion
19
Earnings Per Share
Unit: NT$
2.42
2.11
2.04
1.94
1.20
2010
2011
2012
2013
2014
＊ 2015Q2: NT$ 0.20
2015H1: NT$ 0.43
20
Dividend Policy
High payout ratio.
High cash yield.
2.42
2.04
1.94
1.30
1.80
1.50
Debt ratio maintain
1.60
1.20
0.70
5.70%
6.28%
5.06%
2011
Earnings Per Share
Dividend Year
Earnings Per Share
Cash Dividend Per Share
Dividend Payout Ratio
Yield Rate
50% for long time,
operating on healthy
Balance Sheet.
4.22%
3.69%
2010
2.11
2012
2013
Cash Dividend Per Share
2014
Yield Rate
2010
2011
2012
2013
2014
1.94
1.20
2.04
2.42
2.11
1.30
0.70
1.50
1.80
1.60
67.01% 58.33% 73.53% 74.38% 75.83%
5.70% 3.69% 6.28% 5.06% 4.22%
*The price for calculating yield rate is the day before the meeting of Board of Directors in the following year .
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THANK YOU!
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