Alchip Technologies Ltd. · TWSE:3661
Alchip Technologies — Q2 2023 Earnings Presentation
11 slides from Alchip Technologies's earnings presentation, Aug 18, 2023
Slide 1: Alchip Technologies Investor Conference Meeting
(3661 TT) Alchip Technologies Investor Conference Meeting Aug 18th, 2023 1 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 2: Safe Harbor Disclaimer
Safe Harbor Disclaimer This presentation contains forward-looking statements, including statements about business outlook and strategy, and statements about historical results that may suggest trends for our business. These statements are based on estimates and information available to us at the tim
Slide 3: Meeting instructions
This meeting will be in English, If you need Chinse presentation slides, please go to MOPS to download the Chinese version Participants please write down your questions to host through Zoom’s message function with your and your company name Please use the “raise hand” function through Zoom for
Slide 4: About Alchip
About Alchip 20-30 $460M NTOs 2022 Revenue Annually Founded in 2003 TSMC IPO (TWSE) in 2014 ~$4.5B Market Cap 500+ VCA Tape-outs Since Focus Markets: Since 2003 2009 HPC, AI 80% Networking of Revenue from Automotive HPC ~600 ~60 TSMC Employees (15 CoWoS) 3DFabricTM (75% are engineers) FinFET ASIC Al
Slide 5: Message from CEO
Message from CEO Q2 recap/summary Future business outlook Automotive business updates Geopolitical risk management Conclusion 5 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 6: 2Q23 Quarterly Income Statement
2Q23 Quarterly Income Statement US$'000 1Q23 2Q23 QoQ (%) YoY(%) Revenue 188,071 258,571 37.5 155.6 COGs 148,640 203,383 36.8 206.9 Gross Profit 39,431 55,188 40.0 58.1 Op. Exp 18,498 26,789 44.8 71.8 Op. Income 20,933 28,399 35.7 47.0 Non. Op. 3,055 1,642 -46.2 N.M. Pre-Tax Profit 23,988 30,041 25.
Slide 7: Revenue Breakdown by Application
Revenue Breakdown by Application Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 60% 78% 81% 81% 60% 81% 81% 85% 82% 40% 40% 20% 6% 20% 7% 8% 10% 7% 8% 6% 1% 8% 1% 1% 2% 5% 9% 3% 10% 10% 7% 10% 3% 6% 0% 0% 3Q22 4Q22 1Q23 2Q23 2021 2022 1H23 Consumer Networking Niche HPC Consumer Networking Ni
Slide 8: Revenue Mix by Process Node
Revenue Mix by Process Node Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 60% 69% 71% 68% 60% 83% 60% 87% 81% 40% 40% 28% 21% 16% 20% 20% 20% 9% 4% 6% 6% 9% 5% 9% 6% 6% 7% 5% 3% 2% 3% 6% 4% 3% 0% 0% 3Q22 4Q22 1Q23 2Q23 2021 2022 1H23 40nm & lower 28nm 16/12nm 7nm & higher 40nm & lower 28nm
Slide 9: Revenue Breakdown by Region
Revenue Breakdown by Region Quarterly breakdown Yearly breakdown 100% 100% 3% 9% 7% 10% 9% 9% 13% 14% 80% 80% 39% 39% 45% 60% 63% 60% 63% 62% 74% 40% 40% 38% 38% 34% 20% 17% 20% 20% 25% 14% 11% 14% 8% 5% 9% 8% 0% 0% 3Q22 4Q22 1Q23 2Q23 2021 2022 1H23 Japan Asia Pacific N.A. Others Japan Asia Pacific
Slide 10: 2Q23 Business Review
2Q23 Business Review Revenue came higher than expected – Two reasons behind the higher than expected 2Q23 revenue: 1) parts for N.A. customer delayed shipments from 1Q23 and, 2) pushing by same customer for speeding up shipments – Comparing to 1Q23, 2Q has slightly higher NRE exposure Profit margin
Slide 11: Thanks!
Thanks! www.alchip.com 11 © 2019 Alchip Technologies Proprietary and Confidential Information