First mover in biometrics and Security Suprema, the byword for Biometrics & Security Biometrics & Security needs are everywhere, and there is where you can find Suprema 1 1
I. Company Overview II. III. IV. Appendix 2 2018 Investor Relations Company Overview 3 2
I-1 Company Profile World s Best Biometric Company with Innovative Technologies Company Overview 사명 슈프리마 지배구조 설립일 2015.12.31 ( 인적분할전설립일 2004.05.04) 주요경영진 이재원이사회의장송봉섭대표이사 SUPREMA HQ [ 지주회사 ] 종업원수 127 명 (2017. 09 기준 ) R&D 투자매출액의 20% (2017. 09 기준 ) SUPREMA SUPREMA ID [ID solution] 기타 주소경기도성남시분당구정자일로 248 34.2% 58.2% 최대주주및특수관계인 SUPREMA Shareholders SUPREMA HQ 24.6% 특수관계인 9.6% 외국인 Wellington 2.9% Others 4.7% 7.6% [as of Dec 2017] 4 I-2 Stable Growth & Financial Structure Solid Growth with High Margin and Heathy Financial Structure Company Overview 분기별매출및이익율 자산 vs 부채 ( 단위 : 십억원, %) ( 단위 : 십억원, %) 16 14 12 10 8 6 4 2 0 58% 54% 54% 52% 54% 49% 46% 44% 32% 28% 26% 27% 26% 24% 22% 21% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 70% 60% 50% 40% 30% 20% 10% 0% 120 100 80 60 40 20 0 8% 7% 7% 6% 5% 5% 6% 5% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 2016 2017 2016 2017 Revenue GPM OPM Asset Liabilities Debt Ratio ( 단위 : 십억원 ) 2016 2017 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 매출액 9.4 10.8 9.7 12.2 9.5 11.2 11.1 15.2 매출총이익 4.3 6.3 4.8 5.4 5.1 6.0 5.8 8.2 영업이익 2.6 2.8 2.1 3.3 2.5 2.3 2.7 4.9 순이익 2.5 2.9 1.2 4.5 0.4 3.5 3.4 1.8 ( 단위 : 십억원 ) 2016 2017 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 자산총액 84.1 87.3 88.3 94.7 94.2 99.6 102.6 103.3 부채총액 4.3 4.6 4.6 6.4 5.6 7.6 7.1 6.1 부채비율 5% 5% 5% 7% 6% 8% 7% 6% 5 3
I-3 Sales Breakdown Solid Growth with High Margin and Heathy Financial Structure Company Overview 제품별매출비중 지역별매출비중 9% 14% 5% 21% 2017 년매출 47,062 백만원 70% 9% 13% 2017 년매출 47,062 백만원 27% 11% 21% BioStar SFM+BioSign Others Africa Asia Europe L.America M.East N.America Korea 6 2018 Investor Relations 7 4
II Business Area & Products Overview Product diversification for Leading the Industries BioSign 스마트폰용세계최소형지문인식알고리즘 BioStar 출입통제및근태관리용바이오인식시스템 [ 지문 & 안면인식기술 ] SFM 지문인식코어테크놀로지 다양한 Application 에적용가능한지문인식알고리즘 & 모듈 FaceStation 2/ BioStation A2 SFM Series Applications of SFM SFM Slim 8 II-1 BioSign Key Features World s Best Performed Fingerprint Authentication Algorithm for Smartphone The Smallest 초소형센서 (4x4, 4x3mm) 지원 The Fastest 가장빠른인증속도 50ms BioSign 2.0 [Matching Speed] BioSign 1.0 World s Smallest Sensor Competitor A * Test environment (BioSign) 0 20 40 60 80 100 120 Console app. via ADB interface Platform : Samsung Galaxy S7 Most Accurate BioSign 2.0 경쟁사대비 45% ~ 70% 낮은오인증율 [False Matching Rate] Qualified 삼성갤럭시중저가모델적용 Competitor A Competitor B Competitor C 0.0% 0.5% 1.0% 1.5% 2.0% Loaded to Galaxy A7 SK Telecom, J5 and so on 9 5
Readers Controller 2018-04-16 II-1 BioSign Market Eco System SUPREMA s Co-working in Smartphone supply chain Haptrics Sensor Packaging Fingerprint Algorithm Device 10 II-2 BioStar - Key Features Biometric Systems for Access Control & Time Attendance Management 1 st Gen Products 2 nd Gen Products BioStation Series FaceStation BioStation2 FaceStation2 N2 Xpass D2 [M] Xpass D2 [G] (Q1 18) (Q1 18) (Q1 18) A2 W2 L2 P2 R2 S/W BioStar 1 BioStar 2 CoreStation (Q3, 17) BioStation [Fingerprint Reader] FaceStation [Face Recognition Reader] CoreStation [Controller] World s Fastest Performance World s Fastest Performance Intelligent Centralized Biometric Access Control The Most Accurate & Highest Security - Advanced Live Finger Detection Highest Operating Illuminance - 0 lux to 25,000lux Enterprise-level Capacity - Max 500,000 user Improved Security Best in Class Features Enhanced Security - Live Face Detection - IR based Technology System Flexibility & Scalability 11 6
II-2 BioStar AC & TA Market SUPREMA is well acknowledged as a best player in industry leading technologies 출입통제시장규모 근태관리시장규모 4.0 [UNIT : U$ Billion] 6.0 [UNIT : U$ Billion] 3.0 5.0 4.0 2.0 3.0 1.0 2.0 1.0 0.0 2016 2017 2018 2019 0.0 2016 2017 2018 2019 Americas EMEA Asia [Source : IHS Report 2016] Americas EMEA Asia [Source : IHS Report 2015] 출입통제시장구성 근태관리시장구성 Card 17% Controller 47% S/W 12% U$2.6Billion [as of 2016] Reader 29% U$ 0.8 Billion Biometric 32% RFID 60% [Source : IHS Report 2016] Other1% Multi-Tech 7% Service 31% SaaS 21% Installation 14% U$4.7 Billion [as of 2016] S/W 18% H/W 16% U$ 0.7 Billion Time Card 6% Smart Card 16% Proximity Card 20% Pin Entry 2% Magnetic 5% Barcode 12% Biometric 60% 12 [Source : IHS Report 2017] II-2 BioStar Achievement & Plan to Expansion Expanding the Product Portfolio to Controller, Biggest Market of AC Market 슈프리마시장점유율 ( 글로벌출입통제시장 ) Top 1 EMEA Top 2 World-wide Top 4 America Top 3 APAC CoreStation Reader 29% 지능형바이오인식중앙제어시스템 출입통제시장구성 U$2.6Billion [as of 2016] Controller 47% 컨트롤러시장진입 Card 17% S/W 12% [Source : IHS Report 2016] 13 7
SFM Series New Product 2018-04-16 II-3 SFM Key features World s Most Widely-Used Embedded Fingerprint Module 2004 2009 2010 2017 2018 SFM 3000 SFM 4000 SFM 5000 SFM 6000 SFM Slim Fastest Speed World s Fastest Matching Speed up to 5,000 match/sec Most Accurate EER less than 0.08% Industry Leading Live Finger Detection FBI Certification SFM Over 1,000,0000 SFM Fingerprint Modules Sold Worldwide Over 100 countries Technology reached 14 II-2 SFM Recent Innvation SFM Slim, The World s Slimmest Embedded fingerprint module SFM Slim High Precision FAP20 Compliant Embedded Fingerprint Module FAP20 certification SFM Slim vs CBM (OT-Morpho) FAP10 certification 13.5mm vs 13.6mm 13.5mm, The World s Slimmest FAP20 Optical Fingerprint Sensor THE WORLD S SLIMMEST FAP20 OPTICAL FINGERPRINT SENSOR CBM-E3 MDR (Multi Dynamic Range) Technology 고성능위조지문방지 LFD (Live Finger Detection) 최고의인증속도 1:1000 / 0.4 sec Mass templates storage Up to 22,000 Supporting serial and USB interfaces Easy integration without additional bracket 15 8
2018 Investor Relations 16 III-1 2 nd Take-off as Product Diversification Product & Market Diversification drives the Sustainable growth 1 BioSign 매출증대 - 스마트폰의지문인식솔루션침투율증가 - Galaxy J5 & A7 및탑재모델의증가 - 중국내고객다변화 2 2세대바이오인식신제품의판매증대 - 지역별시장점유율제고 - 전략지역중심의해외법인설립을통해고객및파 트너근접지원 3 컨트롤러시장으로제품포트폴리오확대 및조기시장진입 4 세계최박막 Slim 모듈을바탕으로 Slim 모듈 - 유럽및미주지역의선호도가높은 Slim 모듈시장 공략을통해선진국시장점유율제고 17 9
III-2 Global Sales Reach & Network Customer diversification across appx 1000 partners over 100 countries Customer Diversification across 1000 partners over 100 countries 21% 24% 27% 24% 11% 9% 18% 13% 11% 16% 5% 7% Overseas Sales in 2017 86% 18 III-3 Global Partners Customer diversification across appx 1000 partners over 100 countries 19 10
III-4 Global Brand Awareness Various product portfolio based global brand power 20 III-5 In-house R&D Capability The Capabilities for World s Best Biometric Technologies 연구개발인력 전체임직원의 80% 우수한석 / 박사급연구인력 전체임직원의 23% The year of Biometric Company R&D Admin/ Others Sales 12% 80% Chairman JW Lee Ph D/Seoul Nat l Univ. CEO BS Song Ph D/Seoul Nat l Univ. V.President YS Moon Ph D/Seoul Nat s Univ. V.President HS Yang PhD/Seoul Nat s Univ. Director BG Park Ph D/Seoul Nat s Univ. Director SY Lee Ph D/Seoul Nat s Univ. Director KJ Seo Ph D/KAIST Director HC Kim Master / Univ of Wisconsin Director SJ Lee Master /Seoul Nat s Univ. Director DM Shin Master / Korea Univ. 연구개발비 매출액의 15~17% 17% 17% 16% 지적재산권 국내외등록특허 83 건국내외출원특허 44 건 [As of Sept 2017] 15% 2014 2015 2016 2017 21 11
2018 Investor Relations Appendix 22 Face Recognition Technology (SUPREMA vs iphone X) Similar but BIG Different Flood Illuminator Infrared Camera Dot Projector IR Camera Visual Camera Embedded Surface IR illumination (140ea) IR Camera IR Illumination 3D Sensing SUPREMA S FaceStation 2 iphone X Operating Mode Security (FAR) Accuracy (FRR) Matching Speed Operating Illumination Features FaceStation 2 [SUPREMA] Identification 1:3000 1/5,000,000 < 1% < 0.5ms Up to 25,000 LUX 특허받은위조인증방지를위한 LFD 기능 User 연령제한없음 iphone X [APPLE] Verification 1:1 1/1,000,000 N/A 1~2 seconds N/A Machine Learning 13 세이하어린이사용자제권고 23 12
재무상태표 ( 연결 ) 2015년 2016 2017 ( 단위 : 백만원 ) 4분기 1분기 2분기 3분기 4분기 1분기 2분기 3분기 4분기 유동자산 46,716 48,273 51,524 52,284 58,464 57,339 63,141 65,854 65,044 현금및현금성자산 12,838 12,544 15,558 19,841 31,925 33,226 23,467 27,276 31,256 유동금융자산 21,923 24,025 21,826 18,499 14,238 13,673 26,335 24,674 17,530 매출채권등 4,653 5,371 6,569 5,516 7,789 5,408 6,437 6,872 8,084 재고자산 6,048 5,119 5,959 6,747 5,300 5,032 6,115 6,888 6,490 비유동자산 34,384 35,787 35,779 36,039 36,204 36,894 36,473 36,770 38,235 비유동금융자산 19,531 20,949 21,045 21,007 21,040 21,849 20,744 18,204 21,733 유형자산 6,495 6,363 6,248 6,078 5,202 5,095 4,978 4,978 4,968 무형자산 8,206 8,255 8,231 8,652 8,885 9,195 9,350 9,393 9,479 자산총계 81,100 84,060 87,303 88,323 94,667 94,233 99,614 102,624 103,279 유동부채 3,616 3,874 4,126 3,733 5,806 4,959 6,907 6,312 5,302 차입금 0 0 0 매입채무 2,551 2,661 2,902 3,339 4,710 4,214 6,217 5,411 3,987 비유동부채 354 444 507 601 630 669 713 761 761 부채총계 3,970 4,318 4,633 4,334 6,435 5,629 7,620 7,073 6,064 자본금 3,540 3,540 3,540 3,540 3,540 3,540 3,540 3,540 3,540 자본잉여금 73,244 73,244 73,244 73,244 73,244 73,244 73,244 73,244 73,244 자본총계 77,130 79,742 82,670 83,989 88,232 88,604 91,994 95,551 97,215 24 재무상태표 ( 개별 ) 2015년 2016 2017 ( 단위 : 백만원 ) 4분기 1분기 2분기 3분기 4분기 1분기 2분기 3분기 4분기 유동자산 46,716 48,273 51,524 52,146 58,392 57,238 63,128 65,744 64,968 현금및현금성자산 12,838 12,544 15,558 19,729 31,857 33,191 23,414 27,147 31,140 유동금융자산 21,923 24,025 21,826 18,499 13,284 12,856 26,335 24,670 17,530 매출채권등 4,653 5,371 6,569 5,554 7,856 5,401 6,572 7,023 8,184 재고자산 6,048 5,119 5,959 6,686 5,233 4,976 6,024 6,762 6,401 비유동자산 34,384 35,787 35,779 36,142 36,354 37,038 36,615 36,939 38,438 비유동금융자산 19,531 20,949 21,045 21,007 21,503 20,838 21,204 18,204 21,730 유형자산 6,495 6,363 6,248 6,077 5,198 5,090 4,973 4,951 4,962 무형자산 8,206 8,255 8,231 8,296 8,577 8,887 9,041 9,085 9,171 자산총계 81,100 84,060 87,303 88,288 94,746 94,276 99,743 102,684 103,406 유동부채 3,616 3,874 4,126 3,720 5,797 4,948 6,918 6,290 5,256 차입금 0 0 0 0 0 0 0 0 매입채무 2,551 2,661 2,902 3,327 4,701 4,203 6,227 5,390 3,941 비유동부채 354 444 507 601 630 669 713 761 761 부채총계 3,970 4,318 4,633 4,321 6,427 5,618 7,631 7,052 6,018 자본금 3,540 3,540 3,540 3,540 3,540 3,540 3,540 3,540 3,540 기타불입자본금 73,244 73,244 73,244 73,244 73,244 73,244 73,244 73,244 73,244 자본총계 77,130 79,742 82,670 83,967 88,319 88,658 92,112 95,632 97,388 25 13
손익계산서 ( 연결 ) 2016 년 2017 년 ( 단위 : 백만원 ) 1 분기 2 분기 3 분기 4 분기 TOTAL 1 분기 2 분기 3 분기 4 분기 TOTAL 매출액 9,397 10,840 9,744 12,202 42,182 9,511 11,248 11,114 15,189 47,062 매출원가 5,118 54.5% 4,568 42.1% 4,985 51.2% 6,778 55.6% 21,449 50.8% 4,433 46.6% 5,283 47.0% 5,355 48.2% 6,965 45.9% 22,036 46.8% 매출총이익 4,279 45.5% 6,271 57.9% 4,760 48.8% 5,423 44.4% 20,733 49.2% 5,078 53.4% 5,965 53.0% 5,759 51.8% 8,224 54.1% 25,026 53.2% 판관비 1,671 17.8% 3,516 32.4% 2,653 27.2% 2,118 17.4% 9,956 23.6% 2,533 26.6% 3,690 32.8% 3,093 27.8% 3,303 21.7% 12,619 26.8% 영업이익 2,608 27.8% 2,756 25.4% 2,107 21.6% 3,306 27.1% 10,777 25.5% 2,545 26.8% 2,275 20.2% 2,666 24.0% 4,922 32.4% 12,408 26.4% 금융수익 466 5.0% 290 2.7% 201 2.1% 1,637 13.4% 2,594 6.1% 241 2.5% 700 6.2% 606 5.5% 11 0.1% 1,558 3.3% 금융비용 494 5.3% -145-1.3% 1,100 11.3% -945-7.7% 504 1.2% 2,738 28.8% -903-8.0% -316-2.8% 2,566 16.9% 4,084 8.7% 기타이익 219 2.3% 75 0.7% 71 0.7% 360 3.0% 726 1.7% 50 0.5% 193 1.7% 277 2.5% 35 0.2% 554 1.2% 기타비용 152 1.6% 59 0.5% 381 3.9% 63 0.5% 655 1.6% 389 4.1% 21 0.2% 236 2.1% 651 4.3% 1,297 2.8% 세전이익 2,646 28.2% 3,207 29.6% 899 9.2% 6,185 50.7% 12,938 30.7% -292-3.1% 4,050 36.0% 3,630 32.7% 1,751 11.5% 9,139 19.4% 법인세 128 1.4% 331 3.1% -359-3.7% 1,714 14.1% 1,815 4.3% -684-7.2% 595 5.3% 209 1.9% -70-0.5% 50 0.1% 당기순이익 2,518 26.8% 2,876 26.5% 1,258 12.9% 4,471 36.6% 11,123 26.4% 392 4.1% 3,455 30.7% 3,421 30.8% 1,821 12.0% 9,089 19.3% EPS( 원 ) 356 406 178 631 1,571 55 488 483 258 1,284 26 손익계산서 ( 개별 ) 2016 년 2017 년 ( 단위 : 백만원 ) 1 분기 2 분기 3 분기 4 분기 TOTAL 1 분기 2 분기 3 분기 4 분기 TOTAL 매출액 9,397 10,840 9,711 12,153 42,100 9,393 11,244 11,063 15,069 46,769 매출원가 5,118 54.5% 4,568 42.1% 4,992 51.4% 6,740 55.5% 21,418 50.9% 4,422 47.1% 5,256 46.7% 5,414 48.9% 6,893 45.7% 21,985 47.0% 매출총이익 4,279 45.5% 6,271 57.9% 4,719 48.6% 5,413 44.5% 20,682 49.1% 4,971 52.9% 5,988 53.3% 5,648 51.1% 8,176 54.3% 24,783 53.0% 판관비 1,671 17.8% 3,516 32.4% 2,642 27.2% 2,043 16.8% 9,871 23.4% 2,464 26.2% 3,651 32.5% 3,014 27.2% 3,153 20.9% 12,282 26.3% 영업이익 2,608 27.8% 2,756 25.4% 2,078 21.4% 3,370 27.7% 10,812 25.7% 2,507 26.7% 2,337 20.8% 2,634 23.8% 5,023 33.3% 12,502 26.7% 금융수익 466 5.0% 290 2.7% 201 2.1% 1,637 13.5% 2,594 6.2% 238 2.5% 698 6.2% 602 5.4% 2 0.0% 1,541 3.3% 금융비용 494 5.3% -145-1.3% 1,100 11.3% -993-8.2% 456 1.1% 2,738 29.1% -903-8.0% -316-2.9% 2,566 17.0% 4,084 8.7% 기타이익 219 2.3% 75 0.7% 71 0.7% 360 3.0% 726 1.7% 50 0.5% 193 1.7% 277 2.5% 35 0.2% 554 1.2% 기타비용 152 1.6% 59 0.5% 381 3.9% 63 0.5% 655 1.6% 389 4.1% 21 0.2% 236 2.1% 651 4.3% 1,297 2.8% 세전이익 2,646 28.2% 3,207 29.6% 869 9.0% 6,297 51.8% 13,020 30.9% -331-3.5% 4,111 36.6% 3,594 32.5% 1,843 12.2% 9,216 19.7% 법인세 128 1.4% 331 3.1% -359-3.7% 1,714 14.1% 1,815 4.3% -684-7.3% 595 5.3% 209 1.9% -70-0.5% 50 0.1% 당기순이익 2,518 26.8% 2,876 26.5% 1,228 12.7% 4,582 37.7% 11,205 26.6% 353 3.8% 3,516 31.3% 3,384 30.6% 1,913 12.7% 9,166 19.6% EPS( 원 ) 356 406 174 647 1,583 50 497 478 270 1,295 27 14
Thank you For further question, please contract to IR team EY Kim head of IR /82-31-710-2411 / eykim@suprema.co.kr 15