Uni-President Enterprise
Corp.
Financial Management
MA1N0103
陳乃華Rita Chen
The profile of Uni-President Group
•
UPEC was founded in Yongkang District, Tainan City in1967.
- The primary focus of research at the time was on the development
of new animal feed formula and wheat flour development .
• Largest company in Taiwan
- Market cap US$7.27bn, total assets US$10.59bn,
and revenue US$13.18bn.
- In Taiwan it controls the 7-Eleven franchise and owns the President
Lions baseball team.
• Top 3 Company in China
- In China and the Asia region, the company has joint
ventures or stakes in companies ranging from Kikkoman(sauces)
to French retailer Carrefour (hypermarkets chain in Taiwan).
Convenient store & Retail store
• History: Opened the first 7-11 in Taiwan in 1980 & Listed on
TWSE since 1997.
• Valuation: Market cap US$5.53bn* , QFII ratio 40.99%.
• Geographic Scope: Taiwan、China、Southeast Asia
(Philippine、Vietnam).
• China Retail Businesses:
- First entered China retail market through Shanghai
Starbucks in 2000.
- In May 2008, be granted “7-Eleven”
franchise license in Shanghai ; 100 stores opened
as of end June, 2012.
7-11 Market Share in Taiwan
• Number of Convenience Stores in Taiwan
•
2009
2010
2011
2012
7-ELEVEN
4,750
4,750
4,803
4,822
Family Mart
2,394
2,593
2,823
2,816
Hi-Life
1,252
1,254
1,295
1,298
OK
829
850
867
884
The Business Strategy
• Diversification in the Single Industry.
• Multi-brand Strategy.
• Supply Chain Vertical Integration.
- From manufacturing, distribution to retail
• Logistic Sub-conglomerate
- It adequately integrating the subsidiaries of retail,
logistics and recreational service companies within
the group, rapidly expanding its business territory
Major UPEC subsidiaries under logistic
sub-conglomerate
CVS Chains
Restaurant
Hankyu
7-Eleven
Drugstore
Mister Donut
MUJI
Logistic
TAKKYUBIN
COSMED
Life Style
Department
Store
Cold Stone
21Centry
Major retail scope
in Taiwan
Overview of Uni-President’s developments
overseas
Uni-President entered China market in 1992 as its first step towards true
internationalization.
• UPEC will aim at establishing a food factory in every province and a subplant around every factory to form a complete network for the whole of
China.
• In Southeast Asia
- UPEC has collaborated with a local company in Indonesia
to set up an instant noodle production factory.
- Through the acquisition of management rights of Philippine
Seven Corp, UPEC will leverage its effectiveness in production
and sales.
• Other regions
- UPEC also intends to setup an instant noodle factory in Central
America to further tap the American market.
•
Summary of financial
• Taiwan Ratings; Upgrades Rating on Uni-President Enterprises
Corp to “A”.
• Overall Performance
Item / Year (NT$1,000)
Revenue
Gross Profit
Operating Profit
Pre-tax Profit
Net Profit
EPS(NT$)
2012
2011
YOY%
134,569,525 122,712,725 9.66%
39,408,208 38,275,309 2.96%
5,785,988
6,074,940 -4.76%
7,779,949
7,430,465
4.70%
6,789,362
6,352,410 6.88%
6.53
6.11
Summary of financial
•
•
Earnings & Estimates Summary of UPEC
2012 revenues at Uni-President Enterprises Corporation totaled
46.9B TWD, while annual earnings equaled 2.40 per share.
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Thank you for your attention.