Top Banner
CLEVO CO. Date :20 September,2010
23

CLEVO CO....Investment Structure Clevo Co., Clevo Co., TaiwanTaiwanClevo Computer Singapore Pte Ltd. “Clevo Singapore” Paid in Capital US$16.04M Clevo (Cayman Islands) Holding

Jul 12, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
  • CLEVO CO.

    Date :20 September,2010

  • AGENDAAGENDAA. Structure of CLEVO

    B. Financial Information

    C. Channel Business

    D. Q & A

    2

  • Chairman

    100% 30%

    CHICONY Sq.BUYNOW

    CLEVO (TW2362)

    XAViHipro

    CHICONY(TW2385)

    Structure of CLEVO

    3

  • Investment StructureClevo Co., TaiwanClevo Co., Taiwan

    Clevo ComputerSingapore Pte Ltd.“Clevo Singapore”

    Paid in Capital US$16.04M

    Clevo (CaymanIslands) Holding Co.

    “Clevo (Cayman)”Paid in Capital US$86.05M

    Kapok Computer(Kunshan) Co. Ltd.“Kapok Kunshan”

    Paid in Capital US$ 6M

    Kapok Computer (Samoa) Corporation

    ”Kapok Samoa”Paid in Capital US$7M

    100% 100%100%

    100%

    Channel BusinessPaid in Capital US$102.09M

    BUYNOW US$87.69MCHICONY SQUARE US$14.4M

    NB Business

    4

  • Financial InformationCurrency : NT$ / one hundred million dollars

    5

    Consolidated Revenue Net Income

    09H1 10H1 09Y 09H1 10H1 09Y

    NB Business 68.03 54.15 154.84 -0.05 0.27 3.71

    IT Malls 17.54 21.88 36.33 1.43 3.10 4.27

    PropertyDevelopment

    3.84 0.65 15.17 0.25 -0.99 -0.33

    Chicony Suqre (owned30%)

    30.05 32.98 63.09 0.68 0.63 1.23

    Total 89.41 76.68 206.34 2.31 3.01 8.88

    Consolidated Revenue Net Income

    09H1 10H1 09Y 09H1 10H1 09Y

    NB Business 76% 71% 75% -102% 9% 42%

    China Channel Business 24% 29% 25% 2% 91% 58%

    Item

    Business Unit

    Remark : NB BU include Taipei and Kunshan

  • CLEVO

    6

  • Founded in 1998 and invested by Clevo, Buynow has become one of the most famous IT mall in China.

    There are 20 IT malls of BUYNOW, they are in Shanghai, Nanjing, Chengdu, Shenyang, Zhenzhou, Tainjin, Hefei, Hangzhou, Guanzhou, Changchun, Pudong, Xian, Harbin, Xiamen, Wuxi, Beijing, Xuhui, Qingdao, Changzhou, Chongqing . And all of them become local market leaders.

    And Wuhan, Xian II, Kunming, Daqing, Guiyang, Zibo are in progress.

    Buynow General Information

    7

  • BUYNOW in China – 1/2

    8

    Chengdu 1999Shanghai 1998 Nanjing 2001 Shenyang 2003 Tainjin 2004

    Zhengzhou 2004 Hefei 2005 Changchun 2007Hangzhou 2005 Guangzhou 2006

  • BUYNOW in China – 2/2

    9

    Xiamen 2008 Harbin 2008Pudong 2007 Wuxi 2009Xian 2007

    Qingdao2009Beijing 2009 Changzhou 2010Xuhui 2009 Chongqing2010

  • Strategy of BUYNOW

    ::

    ::

    ::

    ::

    ::

    ::

    Refer to next pageCompetitive advantage

    The best location of the provincial capital in ChinaGeography environment

    50 chain mallsRelative Economic Scale

    Land developing + Constructing + Building Sales + Mall Operation

    Vertical Integration

    TOP 30 Brand Accounts + Local Distributors + online shopping populationTarget Customer

    Fixed Rental IT Shopping Mall + ECProduct

    10

  • Competitive AdvantagesCompetitive Advantages

    National Chain Malls Self-owned Buildings Fixed Leasing Revenue Increasing Assets Value Professional Management

    11

  • Beijing

    XuhuiGuangzhou

    6,500 parking lotsParking

    36 thousand m2Total Area of Restaurant

    9,200 StoresStores

    0.42 million m2Total Area of Malls

    175 million personsVisitors per year

    0.48 million personsVisitors per day

    20 MallsIT Malls

    BUYNOW 2010

    12

    Overview of BUYNOW IT Malls

  • 100%

    上海 南京 天津 廣州 瀋陽 成都 合肥 鄭州 長春 杭州 廈門 西安 哈爾濱 青島

    75%

    0%

    50%55% 50%

    45% 50% 40%

    80%

    42% 40%35%

    63%

    29% 28% 30%

    2009年各店人流量佔當地商場人流量比例分析

    3 3 3 5 4 4 4 2 3 3 5 4 4 3監測商場數量

    36,27026,098 26,341

    20,867 22,330 21,149 18,38823,356

    30,439

    81,042

    96,979

    24,95427,491

    13,607

    0.930.65

    0.891.231.11.091.18

    1.621.612.09

    3.483.07

    2.57

    1.0720,000

    40,000

    60,000

    80,000

    100,000

    上海 南京 天津 廣州 瀋陽 成都 合肥 鄭州 長春 杭州 廈門 西安 哈爾濱 青島

    0

    2

    4

    6

    8

    各店人流量月均值 各店人流密度月均值

    2009年各店人流量及人流密度分析

    13

    Market share is about 47%Market share is about 47%

    Y2009 Market share and Density of Visitors

  • Target of BUYNOW

    12,000 parking lotsParking

    75 thousand m2Total Area of Restaurant

    22,000 StoresStores

    1.05 million m2Total Area of Malls

    450 million personsVisitors per year

    1.25 million personsVisitors per day

    50 MallsIT Malls

    BUYNOW 2015

  • Revenue of BUYNOW IT Malls

    22

    3138

    10

    20

    30

    40

    50

    60

    07Y 08Y 09Y 10Y(F)

    Revenue

    Compound

    Annual Grow

    th Rate of R

    evenue is 31%

    15

    Currency : NT$ / one hundred million dollars

    18

    24

    05

    1015202530

    09H1 10H1

    Revenue

    33%

    12S 14S 18S 20S

  • 10

    15

    18

    10

    20

    30

    07Y 08Y 09Y 10Y(F)

    EBITDA

    Compound

    Annual Grow

    th Rate of E

    BITDA is 36%

    16

    EBITDA of BUYNOW IT MallsCurrency : NT$ / one hundred million dollars

    8

    12

    0

    5

    10

    15

    09H1 10H1

    EBITDA

    50%

    12S 14S 18S 20S

  • 17

    2.1

    4.4

    5.8

    123456789

    07Y 08Y 09Y 10Y(F)

    Profit

    Compoun

    d Annual

    Growth R

    ate of Pro

    fit is57%

    Profit of BUYNOW IT MallsCurrency : NT$ / one hundred million dollars

    2.6

    4.3

    0

    1

    2

    3

    4

    5

    6

    09H1 10H1

    Profit

    65%

    12S 14S 18S 20S

  • Chicony Square

    18

    Chicony Square ─ Department Stores, Synonymous with fashion

    Wuhan(Opened on YA2003)

    ChengduGrand Hyatt

    (will open on Oct. of 2010)

    Xian(will open at the end of YA2012)

    (90,964m2) (105,000m2)(55,000m2)

    (105,000m2)

  • 4046

    50

    0

    10

    20

    30

    40

    50

    60

    70

    80

    07Y 08Y 09Y 10Y(F)

    Revenue

    19

    Compound A

    nnual Growt

    h Rate of Re

    venue21%

    Revenue of Chicony WuhanCurrency : NT$ / one hundred million dollars

    3035

    0

    10

    20

    30

    40

    50

    09H1 10H1

    Revenue

    17%

  • 6.57.3

    8.3

    0123456789

    101112

    07Y 08Y 09Y 10Y(F)

    EBITDA

    20

    Compoun

    d Annual

    Growth Ra

    te of EBI

    TDA22%

    EBITDA of Chicony WuhanCurrency : NT$ / one hundred million dollars

    45

    0

    2

    4

    6

    09H1 10H1

    EBITDA

    25%

  • 3.13.7

    4.8

    0

    1

    2

    3

    4

    5

    6

    YA07 YA08 YA09 YA10(F)

    Profit

    21

    Compoun

    d Annual

    Growth Ra

    te of Prof

    it 29%

    Profit of Chicony WuhanCurrency : NT$ / one hundred million dollars

    2.52.8

    0

    1

    2

    3

    4

    09H1 10H1

    Profit

    12%

  • Celebration of 2010 Changzhou opened on Feb. Chongqing opened on Apr. Chicony Chengdu will open on Oct. Daqing will open on Dec. Zibo will open on Dec.

    22

  • Thank You