Slide 1: Nuvoton Technology Corporation 1Q'24 Investor Conference
Nuvoton Technology Corporation 1Q’24 Investor Conference May 3, 2024 1
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 1Q’24 Business Update Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice ❖ We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Toy of innovation Pa UVvoTOon Nuvoton Financial Results
Slide 5: Statement of Comprehensive Income - Consolidated
Statement of Comprehensive Income - Consolidated 1Q’24 4Q’23 1Q’23 Unit: NT$ M Amount % Amount % Amount % Net Revenue 8,468 100 8,470 100 8,956 100 Gross Profit 3,534 42 3,354 40 3,611 40 Operating Income 456 5 240 3 368 4 Non-Operating Income (51) - 467 6 365 4 Income before Income Tax 405 5 706 8
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated March 31 ’24 December 31 ’23 September 30 ’23 Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 6,433 20 6,325 20 6,374 20 Accounts Receivable 4,698 15 4,122 13 4,530 14 Other Receivable 555 2 505 1 538 1 Inventories 7,060 22 7,756 24 8,299 25 Long-Term Inve
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 1Q’24 4Q’23 3Q’23 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities 1,078 728 345 Cash Flows from Investing Activities (346) (317) 364 Cash Flows from Financing Activities (662) (267) (3,519) Cash & Cash Equivalents 6,433 6,325 6,374 7
Slide 8: Revenue and GM Trend - Consolidated
Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 15,000 50% 44% 42% 41% 40% 42% 42% 40% 40% 40% 11,180 40% 10,722 10,400 10,000 9,569 8,953 8,970 8,956 8,470 8,468 30% 20% 4,702 4,689 5,000 4,287 3,756 3,816 3,611 3,622 3,354 3,534 10% 0 0% 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23
Slide 9: Nuvoton 1Q'24 Business Update
Nuvoton 1Q’24 Business Update 9
Slide 10: 1Q'24 Revenue by 4C Applications
1Q’24 Revenue by 4C Applications Automotive& 1Q’24 BMC BM-IC Industrial 20% EC HMI 4Q’23 17% MCU IC Card Computer Super IO MCU TPM 48% 45% 17% 15% Communication & Audio IC 21% HDMI IC Others MCU 17% MCU Consumer MOSFET 10 Note: Foundry revenue was not included in the numbers .
Slide 11: Overall Highlight
Overall Highlight ❖The Q1’24 performance was influenced by seasonal fluctuations in smartphone and sustained sluggish demand from the consumer segment ❖Observe the restocking demand from computer-related channels in Q1'24, while customers have not revised their annual targets ❖Continued inventory ad
Slide 12: Nuvoton 1Q'24 Business Update (1)
Nuvoton 1Q’24 Business Update (1) Automotive & Industrial ❖Mass production of TOF sensor applied for automotive smart lock to a customer in China ❖Design-win of TOF sensor for in-carriage passenger detection to a new transportation system customer in China ❖Design-in of the digital power MCU for a s
Slide 13: Nuvoton 1Q'24 Business Update (2)
Nuvoton 1Q’24 Business Update (2) Computer ❖Design-in of the USB4 Re-Timer for a new PC customer in China ❖Released the NUC1263 series, the first MCU tailored for DDR5 gaming modules, delivering a 1.0V I3C and exclusive gaming light control through an LLSI (LED Light Strip Interface) interface 13
Slide 14: Nuvoton 1Q'24 Business Update (3)
Nuvoton 1Q’24 Business Update (3) Consumer ❖Design-win of Arm® Cortex®-M4 core MCU with high performance and low power for high-end model air purifier to a new Japanese customer ❖Design-in of the inverter MCU for new models of dehumidifier to a Chinese customer 14
Slide 15: Questions & Answers
Questions & Answers Nuvoton Company Website: www.nuvoton.com 15