Tập đoàn Phong Thái (Feng Tay)acvbbv.pdf

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1. 1
Feng Tay Enterprises Co., Ltd.

Operating Information

Nov. 22, 2023


Feng Tay Enterprises Co., Ltd. Operating Information

2. 2
About Feng Tay Group
•Founded in 1971.
•Capital: NTD 9,875 millions.
•Main Business: Shoes Manufacture and Sales
•Group Headquarters: Yunlin Science and Industrial
Park in Taiwan.
•Capacity: China(9%) , Indonesia(15%) , Vietnam(48%) and
India(28%).
•Total Number of Employees: around 140,000.
Feng Tay Enterprises Co., Ltd. Operating Information

3. 3
Agenda
•Financial Highlights – 2023/3Q
•Consolidated Statements of Comprehensive Income – 2023/3Q
•Consolidated Statements of Comprehensive Income – 2023/1~3Q
•Consolidated Balance Sheets - 2023.9.30
•Consolidated Statements of Cash Flows – 2023/1~3Q
•Consolidated Revenue & Profit Attributable to Owners of Parent
•Earnings Per Share
•Q&A

Feng Tay Enterprises Co., Ltd. Operating Information

4. 4
Financial Highlights – 2023/3Q
Feng Tay Enterprises Co., Ltd. Operating Information
* Based on 987,482,831 outstanding shares.
**ROE figures are annualized based on quarterly net profit.
NT$ in millions
(unless otherwise noted )
3Q/’23 2Q/’23 3Q/’22 QoQ YoY
Consolidated Operating
Revenue
23,073 20,656 25,881 +12% -11%
Consolidated Operating
Gross Margin
22% 19% 24% +3ppt -2ppt
Consolidated Operating
Expenses Margin
13% 13% 12% - +1ppt
Consolidated Operating
Profit Margin
9% 6% 12% +3ppt -3ppt
After Tax Consolidated
Net Profit Margin
8% 6% 12% +2ppt -4ppt
EPS (NT$)* 1.71 1.21 2.76 +41% -38%
Annualized ROE** 31% 22% 49% +9ppt -18ppt

5. 5
Consolidated Statements of Comprehensive Income – 2023/3Q
Feng Tay Enterprises Co., Ltd. Operating Information
NT$ in millions
(unless otherwise noted )
3Q/’23 2Q/’23 3Q/’22 QoQ YoY
Revenue 23,073 20,656 25,881 +12% -11%
Gross Profit 4,993 4,014 6,245 +24% -20%
Operating Expenses -3,044 -2,601 -3,262 +17% -7%
Operating Profit 1,949 1,414 2,983 +38% -35%
Non-Operating Income
and Expenses
458 351 1,074 +30% -57%
Income Tax Expense -585 -434 -1,107 +35% -47%
Net Income 1,822 1,331 2,951 +37% -38%
Net Income attributable to
Non-controlling interests
133 134 229 -1% -42%
EPS (NT$)* 1.71 1.21 2.76 +41% -38%
* Based on 987,482,831 outstanding shares.

6. ( In NT millions except otherwise
noted ) 1-3Q 2023 1-3Q 2022 YoY
Amount % Amount % %
Revenue 63,232 100 73,040 100 -13%
Gross Profit 12,534 20 17,887 24 -30%
Operating Expenses -8,245 -13 -9,229 -12 -11%
Operating Profit 4,289 7 8,657 12 -50%
Non-Operating Income and
Expenses
778 1 2,280 3 -66%
Income Tax Expense -1,058 -2 -2,970 -4 -64%
Net Income 4,009 6 7,968 11 -50%
Net Income attributable to
Noncontrolling interests
374 - 590 1 -37%
EPS ( NT$ )* 3.68 7.47 -51%
6
Consolidated Statements of Comprehensive Income – 2023/1-3Q
Feng Tay Enterprises Co., Ltd. Operating Information
* Based on 987,482,831 outstanding shares.

7. 7
Consolidated Balance Sheets – 2023.9.30
Feng Tay Enterprises Co., Ltd. Operating Information
NT$ in millions (unless otherwise noted ) 2023.9.30 2022.12.31 2022.9.30
Amount % Amount % Amount %
Cash 4,835 9% 5,076 10% 4,405 8%
Accounts Receivable 8,217 16% 8,793 17% 10,340 19%
Inventory 9,040 17% 9,104 18% 10,112 19%
Long-Term Investment 1,095 2% 1,051 2% 1,024 2%
Property, Plant and Equipment 22,571 43% 20,704 40% 20,567 39%
Total Assets 52,308 100% 51,310 100% 53,425 100%
Bank Loans 7,855 15% 2,961 6% 5,565 10%
Accounts Payable 4,456 9% 3,941 8% 4,868 9%
Other Payables 4,881 9% 6,442 12% 5,822 11%
Income Tax Liabilities 5,110 10% 6,421 13% 6,457 12%
Lease Liabilities 548 1% 584 1% 600 1%
Accrued Pension Liabilities 4,424 8% 3,840 8% 3,743 7%
Total Liabilities 27,557 52% 24,436 48% 27,402 51%
Total Equity 24,751 44% 26,873 52% 26,023 49%
Key Indices
A/R Turnover Days 37 33 35
Inventory Turnover Days 49 46 48
PP&E Turnover Days 94 74 72

8. 8
Consolidated Statements of Cash Flows – 2023/1~3Q
NT$ in millions (unless otherwise noted )
2023
1/1~9/30
2022 2021 2020
Beginning Balance 5,076 3,820 4,717 4,038
Cash from Operating Activities 5,411 16,849 1,755 8,589
Capital Expenditures (3,079) (4,531) (3,403) (3,531)
Cash Dividends (6,789) (3,615) (3,262) (2,939)
(Decrease ) or Increase in Loan 4,765 (6,548) 4,778 124
Change in non-controlling interests (506) (728) (783) (813)
Others (43) (171) 18 (751)
Ending Balance 4,835 5,076 3,820 4,717
Feng Tay Enterprises Co., Ltd. Operating Information

9. 9
Feng Tay Enterprises Co., Ltd Operating Information
* The consolidated revenue and net profit attribute to parent are unaudited figures. 36,84738,148
47,654
55,804
58,12258,633
64,498
73,930
68,96070,350
95,903
71,071*
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
1~10
( NT$M) Consolidated Revenue 1,679
2,294
3,087
4,238
4,4534,395
5,263
6,231
4,879
4,542
9,082
4,178*
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
201220132014201520162017201820192020202120222023
1~10
( NT$M) Profit Attributable to Owners of Parent

10. ****
10
Feng Tay Enterprises Co., Ltd. Operating Information
* unaudited consolidated earnings 0.78
0.89 0.86
0.51
0.98
1.05
0.78
1.10
0.90
1.04
1.15 1.15
0.40 0.38
0.04
0.26
0.46 0.44
0.39 0.38
0.48
0.82
0.41
0.55
(0.6)
(0.4)
(0.2)
0.0
0.2
0.4
0.6
0.8
1.0
1.2
(NT$)
YY/MM
Earnings Per Share
*
Year / Quarter 1Q 2Q 3Q 4Q
2023 0.76 1.21 1.71
2022 2.35 2.93 3.09 1.93
2021 1.86 1.93 (0.47) 1.83
Note : EPS is calculated based on weighted average outstanding shares in each year.

11. 11
Q & A
Feng Tay Enterprises Co., Ltd. Operating Information