Simplo Technology Co.,Ltd Company Profile

Organization Moving Energy to You

Simplo Technology Co.,Ltd

Company Profile

2021 June

http://www.simplo.com.tw

Taiex ticker：6121


Milestones Apr 1992 Company founded

Jul 1998 Chairman Raymond Sung joined

Nov 2001 Listed on the Taipei Exchange

Feb 2002 ISO 9001 Certification

Mar 2002 First shipment to Compaq (HP)

Oct 2002 Obtained UL certification & self-test procedure authorized

Nov 2002 China subsidiary setup and mass production

Oct 2003 ISO 14001 certified

Nov 2003 First shipment to Dell

Sep 2004 Obtained OHSAS certification

Jun 2005 First shipment to Apple

Sep 2006 Chang-shu, China plant construction completed

Aug 2011 Chongqing, China plant construction completed

Feb 2012 Light Electrical Vehicle major customers shipment

Jan 2014 HuaPu, China plant and Subsidiary Trend Power setup and mass production

Dec 2014 TS-16949 certified

Jul 2016 New Headquarter building opened

Sep 2017 Reduction of Cash Capital

Mar 2021 Subsidiary AES IPO listed on Taiwan Stock Exchange


Time Issued By Award

2009.2 Best SME of Asia in 2008

2009.5 NO. 52 of Top 100 Best IT Company (WW)

2009.5 MSCI index includes SIMPLO (6121TW)

2009.9 NO. 5 of the BEST SME in Asia Pacific Area

2010.5 NO. 81 of Top 1000 Taiwan Manufacturer



2011.6 NO. 58 of Top 100 Best IT Company

2011.11 Top 100 Innovative Organizations in Taiwan

2012.6 Top 100 Best IT of Asia

Top 100 Best IT of Taiwan

Awards

6


Simplo Technology at A Glance at A Glance Chairman Raymond Sung

Company

founded

1992

Headcount ~13,000

Turnover >US$3 Billion

Net worth ~US$1.2 Billion

Market Cap ~US$2.3 Billion

Accreditation TAF(Taiwan

Accreditied

Foundation) &

SRICI, In-House UL

/ TUV/Intertek Lab

Certification ISO-9001,

ISO-14001, ISO-

17025, OHSAS-

18001

TS-16949

Global Support

Headquarter in HsinChu

Factories in China


The Executive - Chairman Raymond Sung

• Raymond Sung joined Simplo Technology in 1998,

and turned Simplo Technology to a USD$2 Billion

Revenue company in 20 years.

• Over 27+ years of experience in plant management in

Kingston, AST computer, Ampex, and RCA.

• Industry Engineering degree from Taipei Science

Technology university.


Product Introduction

Battery Pack of Notebook, Tablet PC, LEV (Light Electrical Vehicle, EV (Electrical Vehicle), Power Bank, Smart Phone

Others: BBU, Automation Equipment, Smart Life and Wearable Device related product


Product by Applications

No. 1 market share in NB Battery Pack

AGV

BBU


SMT

• PCBA all in one auto line

• PCBA Router Machine

• Optical Thermal Paste

Machine

• Hot bar Machine for PCB

• Spot Welding Machine for

connector

•Learning Machine

• Cell Sorting Machine

• Battery Pack Tester

• Production fixtures

• Cosmetic Labeling Machine

• Case Press Machine

• Auto-loading bottom panel

SMT

Insulator

Ni-Plate

Bus Case Mylar Label

Vertical Integration – Equipment & Product


Core Competence (1)

Strong R&D ability:

Strong Product Development Capability–Time to market

Power module design

know how in circuitry protection, including protections on

overcharge, under-voltage, over-current, over-temperature,

short-circuit, reverse-charge, cell-imbalance compensation &

protection, etc.

Leading product quality:

ISO, OHSAS, TS 16949 certified

Solid QA organization & system

Value Added Mobile Energy Lab- Accredited by TAF Lab

and Certified UL and TUV Lab


Core Competence (2) Cost efficiency:

Self-developed automatic production and testing equipment

Volume buying power

On going cost saving projects

Customer satisfaction:

Flexible Production Capacity

24 hours response to customer

To promote business relationship to partnership

Operational excellence:

Supply Chain Management

Excellent manufacturability and execution ability


Rate: 28

Strong Sales Growth Momentum by Quarters In USD K

514,886

596,981

726,851

794,658

517,304

699,228

814,364

1,021,651

800,669

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Q1 Q2 Q3 Q4

2019

2020

2021


Strong Gross Margin Growth Momentum

9.6%

10.1% 10.5%

10.2% 9.8% 10.3%

13.0% 12.5%

13.1%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Q1 Q2 Q3 Q4

2019

2020

2021


2021/Q1 EPS, Q1 Record High In NT$

3.24

4.66

6.64

6.14

3.60

6.39

7.80

9.51

7.28

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

Q1 Q2 Q3 Q4

2019

2020

2021


Earnings and Dividend In NT$

17.35

20.68

27.30

11.5

14.5

19.1

0

5

10

15

20

25

30

FY2018 FY2019 FY2020

EPS

Dividend

In NT$ FY2018 FY2019 FY2020

EPS 17.35 20.68 27.30

Dividend 11.5 14.5 19.1


2021Q1 2020Q1 YoY%

Sales revenue 22,418,741 14,484,501 54.8%

Cost of goods sold 19,492,645 13,059,488 49.3%

Gross profit 2,926,096 1,425,013 105.3%

Gross profit % 13% 10% 30.0%

Operating expenses 973,344 660,467 47.4%

Income from operations 1,952,752 764,546 155.4%

Non-operating gain and loss 168,007 204,699 -17.9%

Income before tax 2,120,759 969,245 118.8%

Income tax 593,812 270,919 119.2%

Net income 1,526,947 698,326 118.7%

Other comprehensive income 316,415 (171,624) 284.4%

Total comprehensive income 1,843,362 526,702 250.0%

NET INCOME ATTRIBUTABLE TO：

Shareholders of the parent 1,345,818 665,920 102.1%

Non-controlling interests 181,129 32,406 458.9%

TOTAL COMPREHENSIVE INCOME(LOSS) ATTRIBUTABLE TO：

Shareholders of the parent 1,677,516 499,828 235.6%

Non-controlling interests 165,846 26,874 517.1%

EPS after tax (Shareholders of the parent) (Dollar) 7.28 3.60 102.2%

Current number of shares outstanding (Thousand) 184,970 184,970 -

Consolidated Statements of Comprehensive Income

For the three Months Ended Mar 31, 2021 In thousands of NTD


2021.03.31 % 2020.03.31 %

Cash and cash equivalents , short-term

investments $25,348,885 37 $18,068,534 38

Accounts & Notes receivable 16,419,049 24 9,664,856 20

Inventories 16,734,817 24 12,357,325 26

Long-term investments - - - -

Property , plant, and equipment 8,356,370 12 7,238,434 15

Other assets 1,681,719 3 855,435 1

Total assets 68,540,840 100 48,184,584 100

Short-term borrowings 1,143,400 2 1,359,347 3

Accounts & Notes payable 23,648,062 35 14,909,888 31

Current income tax liabilities 2,337,860 3 1,752,892 4

Other accounts payable 3,638,492 5 3,149,097 7

Other liabilities 3,576,873 5 2,567,123 4

Total liabilities 34,344,687 50 23,738,347 49

Capital 1,849,705 4 1,849,705 4

Additional paid-in capital 5,696,818 8 3,600,204 8

Retained earnings and other equity 22,556,710 33 18,491,574 38

non-controlling interests 4,092,920 6 504,754 1

Owners’ equity 34,196,153 50 24,446,237 51

Total Liabilities & Owners’ equity $68,540,840 100 $48,184,584 100

Consolidate Balance Sheet Mar 31, 2021 and 2020 In thousands of NTD


Thank you

Simplo Technology Co.,Ltd Company Profile

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