Chang Wah Technology Co., Ltd. · TPEX:6548
Chang Wah Technology — Q2 2024 Earnings Presentation
15 slides from Chang Wah Technology's earnings presentation, Jul 30, 2024
Slide 1: 2024 Second Quarter Earnings Conference, July 30, 2024
, 2024 First Quarter . Earnings Conference V ww ee 30, 2024 oN 4; CWTC (6548 TT)
Slide 2: Forward-looking Statement
Forward-looking Statement Information included in this press release that are not historical in nature are "forward looking statements“. CWTC cautions readers that forward looking statements are based on CWTC’s reasonable knowledge and current expectations and are subject to various risks and uncert
Slide 3: Agenda
Agenda 2Q24 Financial Results 3Q24 Outlook 3
Slide 4: Statements of Comprehensive Income (Quarterly)
Statements of Comprehensive Income (Quarterly) NT$ mn 2Q24** 1Q24 QoQ 2Q23 YoY Revenue 2,953 2,737 8% 2,991 -1% Gross Profit 743 606 23% 661 12% Operating Profit 426 331 29% 391 9% Non-Opersting Items 209 233 -10% 221 -5% Pretax Income 635 564 13% 612 4% Tax Expenses 115 122 -6% 120 -4% Net Income t
Slide 5: Revenue by Front-end process (Quarterly)
Revenue by Front-end process (Quarterly) 2Q 2024 2Q 2023 Stamping Etching Stamping Etching 47% 53% 52% 48% * Classified by sales amount (US$) 5
Slide 6: Revenue by Front-end process (semiannual)
Revenue by Front-end process (semiannual) 1H 2024 1H 2023 Stamping Etching Stamping Etching 48% 52% 54% 46% * Classified by sales amount (US$) 6
Slide 7: Revenue by Product (Quarterly)
Revenue by Product (Quarterly) 2Q 2024 2Q 2023 EMC- EMC- QFN QFN 9% 8% IC Discrete Discrete IC 31% 19% 20% 37% QFP QFN QFN 19% QFP 25% 16% 16% Discrete：small outline transistor, SOT 註：依銷售金額分類(美元) 7
Slide 8: Revenue by Product (semiannual)
Revenue by Product (semiannual) 1H 2024 1H 2023 EMC- EMC- QFN QFN 9% 8% IC Discrete Discrete 32% 20% IC 19% 40% QFN QFP QFN QFP 25% 15% 16% 16% Discrete：small outline transistor, SOT 註：依銷售金額分類(美元) 8
Slide 9: Revenue by Application (Quarterly)
Revenue by Application (Quarterly) 2Q 2024 2Q 2023 Others Others 2% 3% Industrial 18% Industrial 21% 3C 42% 3C 44% Automotive Automotive 36% 35% 註：依銷售金額分類(美元) 9
Slide 10: Revenue by Application (semiannual)
Revenue by Application (semiannual) 1H 2024 1H 2023 Others Others 2% 2% Industrial Industrial 19% 21% 3C 3C 43% 41% Automotive Automotive 36% 36% 註：依銷售金額分類(美元) 10
Slide 11: Balance Sheet
Balance Sheet NT$ mn 2Q24* 1Q24 4Q23 Cash & Marketable Securities 6,595 6,243 6,040 Accounts Receivable 2,436 2,293 2,279 Inventories 2,030 1,824 1,931 Net PP&E 3,805 3,914 3,857 Total Assets 21,449 20,417 19,967 Current Liabilities 5,909 5,981 6,310 Total Liabilities 9,999 9,520 9,634 Total Shareho
Slide 12: Cash Flow Statement
Cash Flow Statement NT$ mn 2Q24** 1Q24 4Q23 Beginning Balance 6,151 5,946 5,933 Cash from operating activities 305 745 573 Capital expenditures (92) (89) (184) Cash dividends (374) (374) (373) Short-term loans (82) (300) 499 Bonds payable 0 0 0 Investments and others 581 223 (502) Ending Balance 6,4
Slide 13: 3Q24 Outlook
2Q24 Financial Results 3Q24 Outlook 13
Slide 14: 3Q24 Guidance
3Q24 Guidance Based on our current business outlook, the management expects: • Revenue to be between NT$ 3.07 bn and NT$ 3.26 bn Based on the exchange rate assumption of 1 US dollar to 32.5 NT dollar, the management expects: • Gross margin to be between 24.4% and 27.4% • Operating margin to be betwe
Slide 15: Q&A
Q&A Investor Presentation – IR cwtkh@cwtcglobal.com 15