鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future...
Transcript of 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future...
鑫禾科技股份有限公司
Sinher Technology Inc.(Company Code:4999)
Status Report and Future Prospect
2017/11/29
1. Company overview
2. Product and market overview
3. Business philosophy and performance
4. Competitiveness, strategy and future
prospects
Index
1
1.Company overview
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• Established: Jan/2002
• Capital: NTD 740 millions
• Location: Taiwan, Kunshan, Chongqing/China
• Business: Hinge development, manufacture and
marketing on key component
• Cooperate employee: total of 1,700 with 260 in
head quarter (up to Sept/2017)
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Company overview
3
5
Wholesaler
Design Process Assembly
OEM/ODM
End customer
Parts
Manufacture
Press Latch mold
Bracket, cam,
spring washer,
friction plate
Mandrel
shaft
Zn alloy
Al alloy
MIM
Cam,
Mechanical
components
Material
Steel plate Steel wire Zn,Al alloy
suppliers
MIM
Manufacture process
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2009 Sinher introduce multi-axis CNC lathe machine
2011 Kunshan Wanhe introduce Zn alloy die cast production and Sinher
Chungqing established
2008 Kunshan Wanhe established and introduce stamping production line
2012 Sinher introduce CNC integrated processing machine production line
Company history2002 Company established
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2016 Acquire Keelung plant and introduce MIM production line
2014 Acquire Xizhi plant to expand and intergrade multi-axis CNC lathe
machine production base
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Production baseSNR(Taipei)
• Plant: 9,600 M2
• Production: Stamping、
MIM、Multi-axis CNC
lathe machine、CNC
processing machine、
assembly
SNR(Chongqing)
Plant: 16,000 m2
Production:
assembly
Wanhe(Kunshan)
Plant: 21,000 m2
Production:
stamping、die cast、
assembly
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2.Products and market Overview
■ Auto lock
■ Normal
■ Wrap type
■ Piston hinge
■ Center hinge
■ 360 Dual hinge
■ Ferris wheel
■ Modular Hinge
Notebook HingeFor
PAD Hinge All In One Hinge 3C Hinge
■ Detachable
■ Linkage
■ Slider
■ Fix type
■ Multi axis type
■ Frame type
■ POS
■ Projector
■ Car use
Product
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Notebook Hinge
Auto lock Hinge
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Wrap Hinge
Notebook Hinge
10
Central Hinge
Notebook Hinge
11
360 dual hinge
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13
Notebook Hinge
360 dual hinge
1314
Notebook Hinge
Ferris wheel hinge
Convertible and Detachable Hinge
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Modular hinge
Notebook Hinge
1516
PAD hinge
Detachable hinge
16
17
Linkage hinge
17
18
PAD hinge
A.I.O Hinge
Multi-axis slider
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19
3C HINGE
POS Hinge
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20
Projector Hinge
Other hinge
2021
MIM application
Detachable
Hidden
Wrap type
SliderPiston Pad kickstand
Dual hinge
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22
Piston hinge
2223
MIM application
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Pad kickstand hinge
23
MIM application
25
Hidden hinge
24
MIM application
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Slider hinge
25
MIM application
27
Dual hinge
26
MIM application
Detachable type
27
28
MIM application
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Wrap hinge
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MIM application
NB market share
29
資料來源:DIGITIME(可拆卸式機種為Tablet,不歸入NB統計),最近確認時間:2017/11/01
NB market share
30
資料來源:DIGITIME
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3. Business philosophy and
performance
Innovation
Quality
Service
33
Business
philosophy
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34
PerformanceRevenue and net profit
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2,110,809
2,408,259
2,158,720
2,456,940
1,809,647
394,413 501,780
436,946 451,299
250,617
2013 2014 2015 2016 2017Q3
Unit: NT$ thousand
Operating revenue Profit
PerformanceGross profit , operating profit
and net profit marginEarnings per share
35
34
38%37%
34%
36% 36%
23%24%
21%
24%23%
19%
21%20%
18%
14%
10%
15%
20%
25%
30%
35%
40%
2013 2014 2015 2016 2017Q3
Gross profit%
Net operating income %
Profit%
2013 2014 2015 2016 2017Q3
5.52
6.74
5.89 6.14
3.41
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4. Competitiveness, strategy
and future prospects
Competitiveness
1.Professional R&D team with innovative and practical experience
2.Multipul key technology IP
3. Complete vertical integration with effective cost benefit
4.Towards modular NB development
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Up to 31st/Oct/2017, total IP as following
R&D performance- IP
37
Country
TypeUtility Invention Design Total
Taiwan 128 7 1 136
USA 10 10
China 69 23 1 93
Total 197 40 2 239
Future prospect
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1. Develop hinge parts with MIM process; End goal is to
approach MIM product with complex structure and
challenging to form on non hinge product
2. Based on hinge and develop modular IT product
3. Enhance production and R&D coordination, utilise material
usage in order to elevate product quality and value
4. Continuous development on hinge product with other
industrial market
5. Engage with automatic production