南六企業股份有限公司 Nan Liu Enterprise Co., LTD.
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Reminding
Keep wiping hands to avoid invade of germs
Nan Liu - the best hygiene guardian
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3 Better for disposable products
Fibers were firmly connected, not suitable for disposable goods.
SPUNLACE TEXITILES
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Annual capacity of non-woven fabrics are 344 million MT for China. Spun lace engaged around 8% (27.52 million MT) Capacity of Nan Liu are 4.32 million MT. Engaged around 15.7%.The largest spun lace production plant in Asia.
資料來源:CNITA中國織品協會 2012年中國無紡布整體發展
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醫療手術衣布、無塵擦拭布、濕巾布、面膜用布、卸妝棉用布…等
Spunlace NW Wet Wipes
OPERATIONAL GOWNS
FACIAL MASKS & SKIN CARE PRODUCTS
Air Through NW & Thermal Bond NW
水針不織
布
37%
熱風熱壓
不織布
17%
柔濕巾及面
膜等
43%
手術衣用
布
3%
101年度主要產品銷售比重OUTPUT OF NON-WOVEN FABRICS FOR OPERATIONAL GOWN (Q’TTY: MT)
資料來源:南六企業財務部彙整
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COMBINED SALES WITH CHINA FACTORY
Period of China factory joint.
資料來源:本公司歷年財報 資料來源:本公司歷年財報
UNIT: TWD IN THOUSANDS UNIT:TWD IN THOUSANDS
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資料來源:本公司歷年財報
單位:億台幣
單月合併營收
1月 2月 3月 4月 5月
101年 2.167 3.157 3.011 3.167 3.061
102年 3.54 2.62 3.54 3.805 3.99
YOY 63.36% -17.01% 17.57% 20.15% 30.35%
單位:億台幣
累積單月合併營收
1月 2月 3月 4月 5月
101年 2.167 5.324 8.335 11.502 14.563
102年 3.54 6.16 9.7 13.505 17.495
YOY 63.36% 15.70% 16.38% 17.41% 20.13%
農曆過年
農曆過年
農曆過年
9 資料來源:本公司歷年財報
6.46%5.15%
7.50%8.35%
2.79%
6.43%5.25%
2.04%
0.18%
3.93%5.30%
91 92 93 94 95 96 97 98 99 100 101
稅後淨利率
Period of China factory joint
102年Q1 6.48%
10 資料來源:90~101年財報、102年現金增資公開說明書並經會計師查核簽證
Period of China factory joint
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Period of China factory Joint
年度 89 90 91 92 93 94 95 96 97 98 99 100 101
當年度稅後淨利 43,828 33,137 69,283 60,709 98,221 118,793 43,738 109,180 100,477 47,445 5,282 139,461 196,996
A.營業活動淨現金OCF 104,159 46,201 81,214 110,097 157,519 186,770 209,840 219,557 45,771 52,432 182,384 279,499 430,754
B.投資活動淨現金ICF (182,695) (33,609) (54,788) (44,177) (277,753) (139,031) (120,588) (419,030) (563,392) (134,708) (173,879) (207,441) (687,326)
C.融資活動淨現金FCF 72,942 4,938 (26,363) (67,930) 171,400 77,588 (5,553) 161,432 334,916 106,116 81,582 (20,294) 209,425
營業活動淨現金/稅後淨利 237.65% 139.42% 117.22% 181.35% 160.37% 157.22% 479.77% 201.10% 45.55% 110.51% 3452.93% 200.41% 218.66%
資料來源:90~101年財報、102年現金增資公開說明書並經會計師查核簽證
Analysis of Cash Flow
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中國,
25.14%
日本,
17.79%
亞洲,
16.43%
其他,
1.95% 100年度
中國,
34.19% 日本,
14.25%
亞洲,
15.44%
其他,
2.00% 101年度
PROPORTION OF PRODUCT SALES
13 13
31.7 31.934.2
36 37 38.2
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37.6 38.640.1
29.6 29.731.7 32.9 34 33.8
28.731.7 31.2 32.2
0
5
10
15
20
25
30
35
40
45
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
國內需求量 生產量
資料來源:ANFA、全球紡織資訊網李信宏先生、南六財務部整理
單位:萬噸
Supply > Demand
日本政府持續貨幣寬鬆刺激經濟
Demand increasing
14 資料來源:亞洲不織布協會(ANFA) 2011年統計報告
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Infant age0~3 years old population in China
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2624萬
3100萬
上海廣州試點 可以生第二胎
可能放寬到全國
學者與輿論 建議放棄 一胎化政策
資料來源:美国弗若斯特沙利文咨询公司
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Parents were wealthy and well educated. They could have more investments on hygiene, education for their infants and royal to famous brands.
年複合成長率
資料來源:美国弗若斯特沙利文咨询公司
Averaged Spending for Infants in China
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2010 2011 2012 營收 197.46億美元 208.46億美元 210.63億美元 毛利率 33.17% 29.51% 32.04% 淨利 19.43億美元 16.84億美元 18.28億美元 區域銷售比重
北美:54.28% 歐洲:16.09% 亞&拉美:33.22%
北美:51.54% 歐洲:16.31% 亞&拉美:35.81%
北美:51.16% 歐洲:15.41% 亞&拉美:37.27%
2010 2011 2012 營收(億日圓) 3568 3769 4283 毛利率 45.90% 46.04% 45.39% 淨利 244 335 269 區域銷售比重 日本:61.84%
中國:9.62% 其他:28.53%
日本:58.11% 中國:11.86% 其他:30.01%
日本:53.47% 中國:13.15% 其他:33.37%
K公司
U公司 日本第一大婦嬰護理品牌,旗下最知名產品為嬰幼兒品牌『滿意寶寶』
全球個人護理產品龍頭,旗下品牌包含家庭護理品牌『舒潔』、嬰幼兒品牌『好奇』等
資料來源:K公司2012年財務報表
資料來源:U公司2012年財務報表
Continuous progressing for China market:
Deregulation of one-child policy、Rural urbanization
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金佰利-舒潔
康貝
強生 (嬌生)
媽咪寶貝
永豐餘 (五月花)
麗嬰房
幫寶適 好孩子
噯呵 貝親
Famous Brand of China
資料來源:南六企業財務部彙整
一次性醫布 9.3億美金
醫療用敷料布 8.8億美金
尿布/衛生棉 10.1億美金
木漿水針複合布約佔17%
其中杜邦約佔75~78%其他2~5% 南六市占率約20%
SMMS紡粘熔噴複合布約佔80%
價格較便宜、用量大 相同客戶要求南六提供布料
資料來源:CNITA中國織品協會-2012年中國無紡布整體發展
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After-
processing
Longer lead time
and expensive
Production
Nan Liu one-stop production:
From production till after processing are all done
at our plants.
Shorter lead time and competitive price offered.
Production
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New production equipment After adjustments by Nan Liu
Several senior technicians with more than 20 years experiences in non-woven industries Quality assurance with the fastest production speed
陸資越來越有錢,如果買相同
機器設備,南六的競爭力?
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Variety products supplying
The largest OEM wet wipes converter
After Du pont only globally
The largest supplier for facial masks
機器設備,南六的競爭力?
陸資越來越有錢,如果買相同
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Top quality production environments:
Class 100~10000 Clean Room
Completed supply chain:
Production from raw materials to finished products
Spun lace:
Elastic Medical fabrics for surgical gowns and
drapes ...
Joint Development:
Set up clean room、Facial mask、Makeup
removal、Essence and etc. Joint development of
new products with American/Japanese
corporations, Universities, Research Institutions.
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Automatic facial mask manufacture machine
The latest released model of automatic facial mask machine (Made in Japan)
Monthly Capacity: 2 million pcs
Positive pressure ventilation clean room
A series completed quality control from our produced spun lace non-woven fabrics till completed products.
The same facilities were installed at both our Taiwan and Ping Hu factory (China). Upon customers’ preferences of production location.
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Company scale & Publicity
資料來源:http://www.nonwovens-industry.com/issues/2012-09/view_features/international-top-companies-report-2012-264453/
Rank 38 of global non-woven related
industries magazine (top 10 in Asia) in 2011
Expected to be top 30 in 2012
Expected to be top 20 in 2013
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Certification
ISO13485 ISO9001 ISO14001 F S C
GMPC ISO22716 OHSAS18000
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Progressing
3D cleaning wipes
Pulp/PET non-woven fabrics for Medical
applications
Flexible medical non-woven fabrics
Transparent Facial masks
Developed
Future
development
PLA non-woven fabrics
Breathable Pe Film
Anti-virus non-woven fabrics
Non-woven fabrics for baby diapers.
3D Air through fabrics for top sheets
Loofah water
Wet wipes for Men RS fullerene series products
RESEARCH RESULTS
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US and Japan famous infants brands have entered China market successfully.
Price of raw materials have been past its peak. More rooms for profits generations.
Medical demands increased in Asian markets
Cottons
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DEVELOPMENT STRATEGY Develop variety of high quality and high added value products
High market share , dominant the market
Having the strategy of rooted in Taiwan, gain a strong foothold in China, and
distribute around the global
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INSTALATION OF NEW SPUN LACE LINE
MASS PRODUCTION BEFORE END OF AUGUST, 2013
(6.2 M WIDTH/1,500MT/MONTH)
INSTALATION OF NEW WET WIPES MACHINES a)ONE LINE FOR 80 PCS (AUGUST, 2013) b)ONE LINE FOR 30 PCS (JUNE, 2013) c)ONE LINE FOR 80 PCS (OCT., 2013)
SMMS(SPUNBOND)PRODUCTION LINE
MASS PRODUCTION 2016
AUTOMATIC EQUIPMENTS:
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ESTABLISHED: YEAR 1978
CHAIRMAN: MR. C. S. HUANG
GENERAL MANAGER:MR. H. C. HUANG
CAPITAL: USD23,000,000
EMPLOYEES: 573 (UNTIL Apr. 2013)
PLANTS:(CHYAU TOUR, YAN CHAO)
KAOHSIUNG, TAIWAN
(PING HU) ZHEJIANG, CHINA
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NAN LIU
3.AIRPORT
SEAPORT 30 MINS
CONVENIENT TRANSPORTATION
2.15 MINS TO ZUOYING STATION/HSR
CHYAU TOUR PLANT
1. 5 MINS TO QIAOU STATION/KRT
YAN CHAO PLANT
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ZHEJIANG PINGHU PLANT
1.CENTER OF SHANGHAI AND HANGZHOU
2.1.5HRS BY CAR TO PUDONG AIRPORT
3.15MINS TO JIASHAN SOUTH STATION/HSR
產品項目:
水刺無紡布、醫療用布、無塵擦拭布、濕巾、面膜、 卸妝棉、保養品、家庭清潔用品、PP無紡布…等
投產時間:2008年2月
所在地:浙江省平湖開發區
投資金額: USD 45,000,000
登録金額: USD 12,080,000
佔地面積:82,000m2
上海浦東
杭州 寧波
蘇州
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ZHEJIANG PINGHU PLANT WET WIPES:1,500萬包/月
FACIAL MASKS:500萬片/月
SKIN CARE:Skin care lotions.
Air Through(two layers)+ Thermal Bond(PP)
APPLICATION:DIAPER 、TOPSHEET OF NAPKIN 600MT/MONTH
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SPUNLACE LINE:2
WIDTH:4.8m & 6.2m(8月投產)
CAPACITY:2,300MT/MONTH
4 LINES (INCLUDING TAIWAN),
ANNUAL CAPACITY OVER 43,000MT
THE LARGEST DISPOSAL HYGIENE NON-WOVEN FABRICS SUPPLIER IN ASIA
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穩定成長:營業現金流/當年獲利(完全來自本業) 年度 89 90 91 92 93 94 95 96 97 98 99 100 101
當年度稅後淨利 43,828 33,137 69,283 60,709 98,221 118,793 43,738 109,180 100,477 47,445 5,282 139,461 196,996
A.營業活動淨現金OCF 104,159 46,201 81,214 110,097 157,519 186,770 209,840 219,557 45,771 52,432 182,384 279,499 430,754
B.投資活動淨現金ICF (182,695) (33,609) (54,788) (44,177) (277,753) (139,031) (120,588) (419,030) (563,392) (134,708) (173,879) (207,441) (687,326)
C.融資活動淨現金FCF 72,942 4,938 (26,363) (67,930) 171,400 77,588 (5,553) 161,432 334,916 106,116 81,582 (20,294) 209,425
營業活動淨現金/稅後淨利 237.65% 139.42% 117.22% 181.35% 160.37% 157.22% 479.77% 201.10% 45.55% 110.51% 3452.93% 200.41% 218.66%
穩健成長:實收資本自有率高 (股本多來自歷年盈餘轉增資)
籌碼穩定:成長過程本業獲利穩定 無需創投法人資金投入 掛牌上市時無創投股東
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Established with household (kitchen mops) and Industrial scrub materials
supply Start with top layer & distribution layer of diapers and napkins
manufactureInstalled Thermal-bonded (3 lines) and Air-Through (1 line)
Installed Spunlace lines (# 1 and # 2) for hygiene products
Installed 80 & 30 pcs wet wipes converted machines
Initiated facial masks and skin care business
Pinghu factory (China) established
First commercial products released from Pinghu factory
Produce Wood pulp/PET spunlace non-woven for medical applications
1978~1987年
創業期
1988~1998年
發展期
1999~2007年
成長期
2008~2018年
飛躍期
2018年以後
卓越期
Growing up to a global company affiliating with many firms operating in
countries around the world.
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Thanks for your attention.
Have a great day.
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