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Outline of Revenue Shipping
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December 2021 Revenue and Shipment Overview

2022-02-14 5484

Dear Investors,

 

Thank you for your continued support for Yeong Guan Energy (1589-KY). Looking back on 2021, YGG has benefited from the economy growth of mainland China as it took the lead recovering from the pandemic, resulting in significant demand increase from our injection molding machines and industrial machinery customers. 2021's turnover and shipment volume reached record highs since our company’s founding. Looking forward to 2022, the company will continue to optimize production efficiency, develop new customers and meet the growth of renewable energy market demand. The annual shipment target will be set at 195,000-200,000 tons.

 

Yeong Guan’s December consolidated revenue was NT$ 821 million, MoM 3.9%, YoY -11.6%; December shipments were 17,503 tons, MoM 6.9%, YoY -12.0%.

Consolidated revenue in the fourth quarter of 2021 was NT$ 2.297 billion, QoQ 1.2%; YoY -7.7%. The quarterly tonnage shipped was 49,209 tons, QoQ -0.7%; YoY -8.2%. In the fourth quarter of 2021, revenue from renewable energy, injection molding machines and industrial machinery was NT$ 945 million, NT$ 704 million and NT$ 648 million, respectively. In the fourth quarter of 2021, revenue from renewable energy, injection molding machines and industrial machinery decreased by 43.7%, increased 96.0% and 43.6% from the previous year respectively.

 

Consolidated revenue in 2021 was NT$ 8.948 billion, YoY 9.3%. Tonnage shipped in 2021 was 194,813 tons, YoY 10.4%.

In 2021, the revenue of renewable energy, injection molding machines and industrial machinery was NT$ 4.251 billion, NT$ 2.249 billion and NT$ 2.448 billion respectively. In 2021, the revenue of renewable energy decreased by 23.6% YoY, revenue of injection molding machines increased by 96.5% YoY and industrial machinery revenue increased 65.8% YoY.

In 2021, the application revenue ratio from each market sector is 47.5% for renewable energy, 25.1% for injection molding machine, and industrial machinery at 27.4%.

 

 

 

 

Revenue and Shipment by quarter


1Q20

2Q20

3Q20

4Q20

1Q21

2Q21

3Q21

4Q21

Revenue/NTD K

1,130,199

2,135,664

2,430,601

2,487,810

2,145,708

2,234,753

2,270,470

2,297,280

shipment/tons

24,222

46,328

52,370

53,612

45,622

50,451

49,531

49,209

Revenue %

1Q20

2Q20

3Q20

4Q20

1Q21

2Q21

3Q21

4Q21

Renewable

Energy

60.7%

67.0%

72.8%

67.4%

60.3%

46.2%

43.2%

41.1%

Injection Molding Machine

17.7%

14.1%

11.7%

14.4%

18.4%

24.5%

26.5%

30.7%

Industrial Machinery

21.6%

18.9%

15.5%

18.2%

21.3%

29.3%

30.3%

28.2%

 

Investor Relations

Kevin Tsai

Assistant General Manager

Add: 4F., No93, Xinhu 1St Rd., Neihu Dist., Taipei, Taiwan(R.O.C.)

Tel : +886-2-2791-7198 ext. 17

Mobile : +886-978-705-865

E-mail : ir@ygget.com

 

Safe Harbor Notice

This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward – looking statements, whether as a result of new information, future events or otherwise.


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