![Page 1: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/1.jpg)
鑫禾科技股份有限公司
Sinher Technology Inc.(Company Code:4999)
Status Report and Future Prospect
2017/11/29
![Page 2: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/2.jpg)
1. Company overview
2. Product and market overview
3. Business philosophy and performance
4. Competitiveness, strategy and future
prospects
Index
1
![Page 3: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/3.jpg)
1.Company overview
2
![Page 4: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/4.jpg)
• Established: Jan/2002
• Capital: NTD 740 millions
• Location: Taiwan, Kunshan, Chongqing/China
• Business: Hinge development, manufacture and
marketing on key component
• Cooperate employee: total of 1,700 with 260 in
head quarter (up to Sept/2017)
4
Company overview
3
![Page 5: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/5.jpg)
5
Wholesaler
Design Process Assembly
OEM/ODM
End customer
Parts
Manufacture
Press Latch mold
Bracket, cam,
spring washer,
friction plate
Mandrel
shaft
Zn alloy
Al alloy
MIM
Cam,
Mechanical
components
Material
Steel plate Steel wire Zn,Al alloy
suppliers
MIM
Manufacture process
4
![Page 6: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/6.jpg)
2009 Sinher introduce multi-axis CNC lathe machine
2011 Kunshan Wanhe introduce Zn alloy die cast production and Sinher
Chungqing established
2008 Kunshan Wanhe established and introduce stamping production line
2012 Sinher introduce CNC integrated processing machine production line
Company history2002 Company established
5
2016 Acquire Keelung plant and introduce MIM production line
2014 Acquire Xizhi plant to expand and intergrade multi-axis CNC lathe
machine production base
![Page 7: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/7.jpg)
7
Production baseSNR(Taipei)
• Plant: 9,600 M2
• Production: Stamping、
MIM、Multi-axis CNC
lathe machine、CNC
processing machine、
assembly
SNR(Chongqing)
Plant: 16,000 m2
Production:
assembly
Wanhe(Kunshan)
Plant: 21,000 m2
Production:
stamping、die cast、
assembly
6
![Page 8: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/8.jpg)
7
2.Products and market Overview
![Page 9: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/9.jpg)
■ Auto lock
■ Normal
■ Wrap type
■ Piston hinge
■ Center hinge
■ 360 Dual hinge
■ Ferris wheel
■ Modular Hinge
Notebook HingeFor
PAD Hinge All In One Hinge 3C Hinge
■ Detachable
■ Linkage
■ Slider
■ Fix type
■ Multi axis type
■ Frame type
■ POS
■ Projector
■ Car use
Product
8
![Page 10: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/10.jpg)
Notebook Hinge
Auto lock Hinge
9
![Page 11: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/11.jpg)
Wrap Hinge
Notebook Hinge
10
![Page 12: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/12.jpg)
Central Hinge
Notebook Hinge
11
![Page 13: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/13.jpg)
360 dual hinge
12
13
Notebook Hinge
![Page 14: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/14.jpg)
360 dual hinge
1314
Notebook Hinge
![Page 15: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/15.jpg)
Ferris wheel hinge
Convertible and Detachable Hinge
14
![Page 16: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/16.jpg)
Modular hinge
Notebook Hinge
1516
![Page 17: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/17.jpg)
PAD hinge
Detachable hinge
16
17
![Page 18: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/18.jpg)
Linkage hinge
17
18
PAD hinge
![Page 19: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/19.jpg)
A.I.O Hinge
Multi-axis slider
18
19
![Page 20: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/20.jpg)
3C HINGE
POS Hinge
19
20
![Page 21: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/21.jpg)
Projector Hinge
Other hinge
2021
![Page 22: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/22.jpg)
MIM application
Detachable
Hidden
Wrap type
SliderPiston Pad kickstand
Dual hinge
21
22
![Page 23: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/23.jpg)
Piston hinge
2223
MIM application
![Page 24: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/24.jpg)
24
Pad kickstand hinge
23
MIM application
![Page 25: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/25.jpg)
25
Hidden hinge
24
MIM application
![Page 26: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/26.jpg)
26
Slider hinge
25
MIM application
![Page 27: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/27.jpg)
27
Dual hinge
26
MIM application
![Page 28: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/28.jpg)
Detachable type
27
28
MIM application
![Page 29: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/29.jpg)
29
Wrap hinge
28
MIM application
![Page 30: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/30.jpg)
NB market share
29
資料來源:DIGITIME(可拆卸式機種為Tablet,不歸入NB統計),最近確認時間:2017/11/01
![Page 31: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/31.jpg)
NB market share
30
資料來源:DIGITIME
![Page 32: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/32.jpg)
31
3. Business philosophy and
performance
![Page 33: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/33.jpg)
Innovation
Quality
Service
33
Business
philosophy
32
![Page 34: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/34.jpg)
34
PerformanceRevenue and net profit
33
2,110,809
2,408,259
2,158,720
2,456,940
1,809,647
394,413 501,780
436,946 451,299
250,617
2013 2014 2015 2016 2017Q3
Unit: NT$ thousand
Operating revenue Profit
![Page 35: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/35.jpg)
PerformanceGross profit , operating profit
and net profit marginEarnings per share
35
34
38%37%
34%
36% 36%
23%24%
21%
24%23%
19%
21%20%
18%
14%
10%
15%
20%
25%
30%
35%
40%
2013 2014 2015 2016 2017Q3
Gross profit%
Net operating income %
Profit%
2013 2014 2015 2016 2017Q3
5.52
6.74
5.89 6.14
3.41
![Page 36: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/36.jpg)
35
4. Competitiveness, strategy
and future prospects
![Page 37: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/37.jpg)
Competitiveness
1.Professional R&D team with innovative and practical experience
2.Multipul key technology IP
3. Complete vertical integration with effective cost benefit
4.Towards modular NB development
36
![Page 38: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/38.jpg)
Up to 31st/Oct/2017, total IP as following
R&D performance- IP
37
Country
TypeUtility Invention Design Total
Taiwan 128 7 1 136
USA 10 10
China 69 23 1 93
Total 197 40 2 239
![Page 39: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/39.jpg)
Future prospect
38
1. Develop hinge parts with MIM process; End goal is to
approach MIM product with complex structure and
challenging to form on non hinge product
2. Based on hinge and develop modular IT product
3. Enhance production and R&D coordination, utilise material
usage in order to elevate product quality and value
4. Continuous development on hinge product with other
industrial market
5. Engage with automatic production
![Page 40: 鑫禾科技股份有限公司 Sinher Technology Inc. · 2017-11-30 · Status Report and Future Prospect 2017/11/29. 1. ... 2009 Sinher introduce multi-axis CNC lathe machine](https://reader030.vdocuments.pub/reader030/viewer/2022021616/5b1e70877f8b9ae6418b8fa1/html5/thumbnails/40.jpg)