United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q1 2016 Earnings Presentation
15 slides from United Microelectronics's earnings presentation, Apr 27, 2016
Slide 1: UMC 1Q16 Financial Review
UMC 1Q16 Financial Review April 27, 2016
Slide 2: Note Concerning Forward-Looking Statements
NOTE CONCERNING FORWARD-LOOKING STATEMENTS This release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Ac
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2016 2015 2015 1Q / Mar 4Q / Dec 1Q / Mar Net Operating Revenues 34,404 33,849 37,650 Net Income Attributable to 210 3,160 3,980 Stockholders of the Parent EPS (NTD) 0.02 0.25 0.32 Cash and Cash Equivalents 59,541 53,290 53,632 Total Assets 344,931 337,367 321,0
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 1Q16 % 4Q15 % Change % Net Operating Revenues 34,404 100.0 33,849 100.0 1.6 Gross Profit 5,034 14.6 6,979 20.6 (27.9) Operating Expenses (5,065) (14.7) (5,065) (14.9) 0.0 Net Other Operating Income and Expenses 15 0.0 (34) (0.1) - Operating Income
Slide 5: Statements of Comprehensive Income - YoY: 3 Months
Statements of Comprehensive Income - YoY: 3 Months Unit: NT$ M 2016 2015 Change % % Jan~Mar Jan~Mar % Net Operating Revenues 34,404 100.0 37,650 100.0 (8.6) Gross Profit 5,034 14.6 9,155 24.3 (45.0) Operating Expenses (5,065) (14.7) (4,914) (13.0) 3.1 Net Other Operating Income and Expenses 15 0.0 (
Slide 6: Balance Sheet Highlight – Mar. 31, 2016
Balance Sheet Highlight – Mar. 31, 2016 Unit: NT$ M Cash and Cash Equivalents 59,541 Funds and Investments 39,757 Property, Plant and Equipment 186,081 Total Assets 344,931 Current Liabilities 41,631 Long-term Credit / Bonds 48,721 Stockholders' Equity 228,445 UMC © 2016 6
Slide 7: Operating Segments
Operating Segments 2016 1Q / Mar Unit: NT$ M Wafer New Adjustment/ Subtotal Consolidated Fabrication Business Elimination Segment Revenues 34,305 101 34,406 (2) 34,404 Segment Net Income (Loss), net of 139 (238) (99) 178 79 tax Segment Assets 342,738 4,960 347,698 (2,767) 344,931 Segment Liabilities
Slide 8: Foundry ASP Trend: 8” Wafer Equivalent
Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,500 1,000 500 0 1Q15 2Q15 3Q15 4Q15 1Q16 UMC © 2016 8
Slide 9: Foundry Segment Sales Breakdown by Geography
Foundry Segment Sales Breakdown by Geography 1Q16 4Q15 Europe Japan Europe Japan 3% 4% 6% 10% Asia Asia 45% 37% North North America America 48% 47% UMC © 2016 9
Slide 10: Foundry Segment Sales Breakdown by Customer
Foundry Segment Sales Breakdown by Customer 1Q16 4Q15 IDM IDM 9% 15% Fabless Fabless 91% 85% UMC © 2016 10
Slide 11: Foundry Segment Sales Breakdown by Application
Foundry Segment Sales Breakdown by Application 1Q16 4Q15 Other Other 7% 8% Computer Computer 15% 11% Communication Communication 48% 52% Consumer Consumer 30% 29% UMC © 2016 11
Slide 12: Foundry Segment Sales Breakdown by Technology
Foundry Segment Sales Breakdown by Technology 1Q16 4Q15 ≥ 0.5um ≤ 28nm ≥ 0.5um ≤ 28nm 3% 8% ≤ 40nm 3% 11% ≤ 40nm 0.25/0.35um 37% 0.25/0.35um 35% 12% 12% 0.15/0.18um 0.15/0.18um 13% 11% 40nm 40nm 29% 24% 0.11/0.13um 0.11/0.13um 12% 12% 90nm 65nm 90nm 65nm 4% 19% 4% 23% UMC © 2016 12
Slide 13: Quarterly Capacity
Quarterly Capacity Unit : in thousands FAB 3Q15 4Q15 1Q16 2Q16E WTK (6") 99 99 105 106 Fab 8A (8") 204 204 206 207 Fab 8C (8") 87 87 87 87 Fab 8D (8") 86 86 85 86 Fab 8E (8") 105 105 104 105 Fab 8F (8") 98 98 97 100 Fab 8S (8") 84 84 84 84 Fab 8N (8") 178 183 187 188 Fab 12A (12") 206 206 205 214 Fa
Slide 14: 2016 Foundry Capital Expenditure Plan
2016 Foundry Capital Expenditure Plan 8" 12" Total 5% 95% 2.2 billion USD UMC © 2016 14
Slide 15: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com
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