16 slides from Orient Semiconductor Electronics's earnings presentation, Dec 5, 2019
Slide 1: Orient Semiconductor Electronics, Ltd.
華泰電子股份有限公司 Orient Semiconductor Electronics ,Ltd. （股票代號：2329）
Slide 2: Summary
Summary Part1 Company Overview Part2 Financial Performance Part3 Q&A
Slide 3: Company Overview
Company Overview INTEGRITY INNOVATION
Slide 4: Company Profile
Company Profile • Established Date：1971/06 • Issued Capital：NTD 5.523 Billion • Chairman：Edward Duh • President：Tony Tung • Product and Service： IC Packaging and Testing Services Electronics Manufacturing Services(EMS/CEM)
Slide 5: Financial Performance
Financial Performance EMPATHY
Slide 6: Consolidated Statements of Comprehensive Income (QoQ)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (QoQ) (Thousands of NTD) Q3/2019 % Q2/2019 % Variance Q1~Q3/2019 % Net revenue 4,971,024 100.00% 4,549,560 100.00% 9.26% 13,416,556 100.00% Gross profit 575,422 11.58% 564,876 12.42% 1.87% 1,433,832 10.69% Operating income 313,533 6.31% 286,198 6.29% 9
Slide 7: Consolidated Statements of Comprehensive Income (YoY)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (YoY) (Thousands of NTD) Q3/2019 % Q3/2018 % Variance Net revenue 4,971,024 100.00% 4,112,318 100.00% 20.88% Gross profit 575,422 11.58% 173,201 4.21% 232.23% Operating income (loss) 313,533 6.31% (48,976) (1.19%) 740.18% Income (loss) before tax 313,5
Slide 8: Consolidated Statements of Comprehensive Income (Accumulated, YoY)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Accumulated ,YoY) (Thousands of NTD) Q1~Q3/2019 % Q1~Q3/2018 % Variance Net revenue 13,416,556 100.00% 10,981,666 100.00% 22.17% Gross profit 1,433,832 10.69% 168,283 1.53% 752.04% Operating income (loss) 675,522 5.03% (481,056) (4.38%) 240.42% Income
Slide 9: IC Packaging and Testing Services
IC Packaging and Testing Services (Thousands of NTD) 3,500,000 100% 2,868,633 2,920,965 90% 3,000,000 2,637,563 80% 2,415,145 2,383,583 2,500,000 70% 1,788,841 2,174,224 60% 2,000,000 63% 59% 61% 63% 59% 50% 58% 1,500,000 57% 40% 1,000,000 30% 20% 500,000 10% - 0% Q1/2018 Q2/2018 Q3/2018 Q4/2018 Q1/
Slide 10: Electronics Manufacturing Services
Electronics Manufacturing Services (Thousands of NTD) 2,500,000 100% 90% 2,050,059 2,000,000 80% 1,697,173 1,680,927 70% 1,556,434 1,568,963 1,512,389 1,349,849 1,500,000 60% 50% 1,000,000 40% 43% 42% 41% 41% 37% 39% 37% 30% 500,000 20% 10% - 0% Q1/2018 Q2/2018 Q3/2018 Q4/2018 Q1/2019 Q2/2019 Q3/201
Slide 11: Semiconductor Group
Semiconductor Group -Percentage of revenue by product application 100% 4% 4% 6% 6% 5% 5% 5% 19% 17% 18% 20% 80% 25% 25% 26% 60% 40% 76% 79% 78% 75% 69% 69% 69% 20% 0% Q1/2018 Q2/2018 Q3/2018 Q4/2018 Q1/2019 Q2/2019 Q3/2019 Memory Related Logic IC IC Testing
Slide 12: Key Balance Sheet Items & Index
Key Balance Sheet Items & Index (Thousands of NTD) Q3/2019 Q2/2019 Variance Cash and cash equivalents 1,192,186 980,380 21.60% Financial assets-Current 146,772 394,454 (62.79%) Financial assets-Noncurrent 683,598 667,938 2.34% & Investments-equity method Property, plant, and equipment 6,469,990 7,30
Slide 13: Key Balance Sheet Items & Index
Key Balance Sheet Items & Index (Thousands of NTD) Q3/2019 Q3/2018 Variance Cash and cash equivalents 1,192,186 929,802 28.22% Financial assets-Current 146,772 362,557 (59.52%) Financial assets-Noncurrent 683,598 430,479 58.80% & Investments-equity method Property, plant, and equipment 6,469,990 7,1
Slide 14: Q&A
Q&A
Slide 15: Micro SD Process Flow
Micro SD Process Flow SMT Wafer Grinding Wafer Saw Die Attach 1 Epoxy Curing 1 Die Attach 2 Epoxy Curing 2 Plasma Clean Wire Bonding Plasma Clean Molding Back Side Post Mold Curing Marking Top Side Marking Laser Cutting V Saw Singulation Memory Test Ship out
Slide 16: Disclaimer
Disclaimer The presentation and the relevant information mentioned in this material have been compiled from both internal and external resources. These forward looking statements involve known and unknown risks, uncertainties and other factors, including price variation, competition, global economy,