Kerry TJ Logistics Investor Conference
Transcript of Kerry TJ Logistics Investor Conference
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D e c e m b e r 2 0 1 9 (Stock Code: 2608)
Ke r r y TJ L o g i s t i c s
I nve sto r C o nfe re n c e
A S I A S P E C I A L I S T
T A I W A N F O C U S
G L O B A L N E T W O R K
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This presentation was prepared by Kerry TJ Logistics Company Limited (the “Company”) for reference and general information purposes only. This presentation is not intended to and does not constitute investment advice, recommendation, invitation or offer to enter into, any agreement to purchase, acquire, dispose of, subscribe for or underwrite any securities, shares, debentures or structured products. The information contained in this presentation comprises extracts of operational data and financial information of the Company. The information is included solely for this presentation and certain information has not been independently verified. No representation or warranty, expressed or implied, is made with respect to, and no reliance should be placed on, any discussion, materials and information provided in and during the presentation (collectively, the “Information”) as to their accuracy, completeness, validity, timeliness, correctness, or fairness. It is not the intention to provide, and you may not rely on the Information as providing, a complete or comprehensive analysis of the Company's financial or trading position or prospects. Potential investors and shareholders of the Company are particularly reminded that any reference to past performance should not be taken as an indication of future performance. The Information (including without limitation all estimates, forecasts, projections, expectations and opinions contained in this presentation) is subject to change without notice. This presentation may not contain all material information concerning the Company and is not intended to provide the sole basis of any evaluation of the Company and its subsidiaries or the securities discussed herein. This presentation may contain forward-looking statements, forecasts and/or projections. Statements that are not historical facts, including statements about the Company’s belief and expectations are forward-looking statements. Any forward-looking statements, forecasts and projections contained in this presentation are based on certain assumptions and expectations of future events regarding the Company's present and future business strategies and the environment in which the Company will operate, and must be read together with those assumptions. The Company does not guarantee that these assumptions and expectations are accurate or will be realized. Actual future performance, outcomes and results may differ materially from those expressed in such forward-looking statements, forecasts and projections as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward-looking statements, forecasts and projections are based on reasonable assumptions, it can give no assurance that such expectations will be met. None of the Company, nor any of its holding companies, subsidiaries, associated undertakings, controlling persons or affiliates, or any of their respective directors, officers, partners, employees, agents, advisors or representatives (collectively, the “Affiliates and Representatives”) assumes any responsibility to update any forward-looking statements, forecasts and projections or to adapt them to future events or developments. In no event shall the Company, or any of the Affiliates and Representatives have any liability or responsibility whatsoever (whether directly or indirectly, expressly or by implication, in contract, tort, by statute or otherwise) for any decisions taken based upon this presentation, the Information or for any loss howsoever arising from any use of or reliance upon the whole or any part of this presentation or the Information or otherwise arising in connection with this presentation or the Information.
D I S C L A I M E R
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報告大綱 A G E N D A
公司概要 Company Overview
營運表現
2019 Q1-Q3 Performance
未來展望 Future Outlook
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O U R M I L E S T O N E S
Listed on Taiwan
Stock Exchange
(TWSE 2608)
1990
Launched
Kerry Go
2014
Re-branded to
Kerry TJ Logistics
Co., Ltd.
2011
Formation
of a new
JV Kerry
Speedy
2016
Entered
mainland China
as the first of
Taiwan freight
company
2001
Kerry Logistics
expanded its
IL network in
Taiwan by
acquiring
T-Join
2008 Established TaRon
Freight Firm
1954
Re-branded to
T-Join Transportation
Co., Ltd.
1960
• Re-built Kerry
Pharma
Logistics
• Re-built
Kerry Express
2012 2013
HQ moved
from
Taichung to
Taipei
Established a
JV Kerry Fruit
2017
Direct Logistics
as new KTJ
member,
offering air/sea
freight
forwarding,
cross-border EC
and customs
clearance focus
in American
Lines.
2018
Acquired
Science Park
Logistics
2019
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G L O B A L N E T W O R K
40,000+ employees
53 countries & territories
Asia’s leading 3PL with global presence
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3,400+
Self-owned
Vehicles
6,000+
Employees
200
Business
Locations
K E R R Y T J L O G I S T I C S – Y O U R T R U S T E D PA R T N E R I N TA I WA N
Penghu
Green Island
Siao Liouciou Lanyu
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C O R E B U S I N E S S E S
INTERNATIONAL FREIGHT FORWARDING
INTEGRATED LOGISTICS
EXPRESS
End-to-end solutions with high supply chain efficiency SUPPLY CHAIN
SOLUTIONS
Our Scope of Services • Air Freight • Ocean Freight • Customs Brokerage • Drayage • Cargo Insurance
Consultancy
Our Scope of Services • Ambient / Chilled Warehousing &
Distribution • Express Delivery • National LTL Distribution • Cold Supply Chain Services • Pharmaceutical Logistics • Line Haul Transportation • E-Commerce Platform • Fruit Marketing • Bonded Logistics • Chemical / DG Warehouses
IL IFF
F&B IMS PHARMA FMCG
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1 2 C O R E B U S I N E S S L I N E S
LTL
Trucks: 2,350+
Motorbikes: 114
Locations: 115
Trucks: 500+
Locations: 20
Locations: 9
Facilities: 823,000+ ft2
Temp.: Ambient & Constant
(23°C~25°C/15°C~25°C)
CLTL
Ambient WH
Chilled WH
Locations: 6
Facilities: 233,000+ ft2
Temp.: 4°C~7°C/-25°C~-15°C
Express: 185/13
Pharma: 201/14
Line Haul: 124/ 3
Fruit Marketing: 4/ 1
Cold Chain Facilities: 19/ 5
Bonded Logistics: 38/ 5
Subsidiary Companies
(Trucks/Locations)
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VA L U E - A D D E D S E R V I C E S
Customized offerings for different verticals
PHARMA IMS F&B F&L Hub & Spokes Cold Chain Facilities FMCG
Price Tagging Labelling
Scanning Date Printing Reverse Logistics Scanning D&C for Freezer
Label Sewing Scanning Labelling Description Insert Ambient/Chilled Distribution Call Centre Support Repair and Maintenance
Sorting GOH Assembly Processing Packing Stock Take Shrink Wrapping Agent for Cold Chain Facilities
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S C I E N C E PA R K L O G I S T I C S
Taoyuan Office
Taichung
Warehouse
Tainan Head Office (ILC)
Kaohsiung Branch
Hsinchu Branch (ILC)
Port of
Kaohsiung
Tainan Head Office
Warehouse: 37,776 m2
Terminals: 787 m2
DG & Chemical WHS: 990 m2
Hsinchu Branch
Warehouse: 15,792 m2
Terminals: 4,228 m2
Taichung Warehouse
Warehouse: 2,970 m2
Import & Export
Terminal
Int’l Logistics Center
Domestic & Overseas
Transportation
Customs Clearance
Lease & Business
Agent
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K E R R Y P H A R M A L O G I S T I C S
Optimize Process Enhance Quality Commercial value Customer solutions
Pharma Clients
Channels
Service Scope
Pharma
logistics +
commercial
value
Pharma logistics
• Wholesale Mgt • Consignment Inventory
Mgt (CIM)
• Regulatory • Marketing • Pharmacy
Promotion & Merchandising
• Customer Care Ctr. • Credit and
Collection Mgt • Client Mgt • Customs Clearance
• Redressing • Warehousing • Order
processing • Transportation • Reporting
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Q U A L I T Y & C E R T I F I C AT I O N
ISO22000 FOOD SAFETY
ISO27001 INFORMATION SECURITY
ISO28000 SUPPLY CHAIN SECURITY
ISO9001 QUALITY
HACCP CODEX ALIMENTARIUS
Long-standing commitment to quality of our international expertise
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2019 Q1-Q3 Performance
A S I A S P E C I A L I S T
T A I W A N F O C U S
G L O B A L N E T W O R K
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F I N A N C I A L H I G H L I G H T S
+8% LTL
1,042 SEGMENT PROFIT (NTD$ M)
8,678 REVENUE (NTD$ M)
1,003 PROFIT ATTRIBUTABLE TO
THE SHAREHOLDERS (NTD$ M)
EARNINGS PER SHARE (NTD PER SHARE)
1,694 OPERATING PROFIT (NTD$ M)
LOG
153 SEGMENT PROFIT (NTD$ M)
2019 Q3
2.15
2018 Q3
1.84
1,185 GROSS PROFIT (NTD$ M)
14%
10% 13% 17%
23%
17%
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P R O V E N T R A C K R E C O R D S – R E V E N U E G R O W T H
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P R O V E N T R A C K R E C O R D S – P r o f i t s A t t r i b u t a b l e t o t h e S h a r e h o l d e r s
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A S I A S P E C I A L I S T
T A I W A N F O C U S
G L O B A L N E T W O R K
F u t u r e O u t l o o k
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G R O W T H D R I V E R S
Transformation & Innovation
Utilize IoT and AI technologies in the new retail era to overcome labor shortage.
Cold Chain Services
Comprehensive cold-chain W/H & delivery, in line with gov’t policies and consumer demand.
Pharmaceutical Logistics
Taiwan’s sole specialized pharma logistics company with PIC/S and GDP certification and in compliance with WHO.
Science Park Logistics (SPL)
Bonded W/H and bonded delivery for total supply chain within the hi-tech industry.
Group Synergy
Provide total supply chain logistics solutions with integrated resources.
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F U T U R E O U T L O O K - D I G I TA L T R A N S F O R M AT I O N
Digitization Optimization Transformation
O p e r a t i o n E x c e l l e n c e
E n h a n c e d C u s t o m e r E x p e r i e n c e
I n n o v a t e d B u s i n e s s M o d e l