Slide 1: Hitron Investor Conference
Hitron Investor Conference TWSE Stock Code : 2419 February 29, 2024
Slide 2: Agenda
• Business Outlook • 2023 Q4 and Fiscal Year Financial Result • New Product Status & Market Strategy • Q&A
Slide 3: Disclaimer
Disclaimer This presentation may contain forward-looking based on current assumption and forecasts made by Hitrontech management. Various known and unknown risk, uncertainties and other factors could lead to material differences between the actual future result, financial situation, development or p
Slide 4: Business Outlook
Business Outlook
Slide 5: The decrease was larger than expected in 2023 2H, leading to a full-year decline
The decrease was larger than expected in 2023 2H, leading to a full-year decline During the customer inventory adjustment period, actively adjust the structure to prepare for future growth 1. The factory capacity distribution: two factories in mainland China have merged into one 2. Actively develop
Slide 6: NCG's projects in 2023
NCG’s projects in 2023 Participating Projects Content manufacturers ➢ Cooperation in LEO satellite ground receiving equipment Alpha、Rapidtek、 Beyond-5G LEO plan ➢ Many optimization contents are independently completed by Taiwanese GCE、TUC companies Resilient supply chain smart factory Build Alpha’s
Slide 7: NCG ESG: Awards in 2023
NCG ESG：Awards in 2023 第16屆 第16屆 第3屆 科管局 TCSA台灣永續獎 TCSA台灣永續獎 TSAA永續行動獎 優良事業單位評選 永續綜合績效 永續報告 環保包材專案(SDGs12) 推動職場工作平權 台灣百大永續典範企業獎 電子資訊製造業第一類 銀獎 優等獎 金獎 7
Slide 8: Outlook in 2024: Specific market allocation, strengthen synergy, and pursue growth
Outlook in 2024: Specific market Allocation, strengthen synergy, and pursue growth • Organizational restructuring to enhance the development of Hitron’s telecommunication channels • Alpha is a professional ODM/OEM company, develops emerging markets and new customers • SI integration and continue to
Slide 9: The growth strategy remains unchanged in 2024: focus, synergy, and growth
The growth strategy remains unchanged in 2024: focus, synergy, and growth • Optimize switches, wired and wireless • 5G private network deployment, aim to LEO • 優化交換器，有線無線寬頻 broadband • 落地5G專網，築夢低軌衛星 satellite Growth Innovation Optimization of current business Innovative products and services ✓ To in
Slide 10: 2023 Q4 Finance Statement
2023 Q4 Finance Statement <hitron
Slide 11: 2023 Q4 Financial Report
2023 Q4 Financial Report NT Million 2023 2022 YoY 2023 YoY Q4 % Q4 % AMT % Q3 % AMT % Net Sales 2,208 100.0% 3,675 100.0% (1,467) -40% 1,579 100.0% 630 40% Cost of Goods Sold (1,626) -73.6% (2,896) -78.8% 1,270 -44% (1,155) -73.2% (471) 41% Gross Profit 582 26.4% 779 21.2% (197) -25% 424 26.8% 159 3
Slide 12: 2023 Annual Financial Report
2023 Annual Financial Report NT Million 2023 2022 YoY AMT % AMT % AMT % Net Sales 9,404 100.0% 12,318 100.0% (2,915) -24% Cost of Goods Sold (7,376) -78.4% (9,607) -78.0% 2,232 -23% Gross Profit 2,028 21.6% 2,711 22.0% (683) -25% Operating Expense (1,770) -18.8% (1,914) -15.5% 144 -8% Operating Prof
Slide 13: 2023 Annual Balance Report
2023 Annual Balance Report NT Million 2023/12/31 2022/12/31 YoY AMT % AMT % AMT % Cash Equivalents 2,001 19.0% 2,386 19.5% (385) -16% AR 1,861 17.7% 2,525 20.6% (664) -26% Inventory 3,291 31.3% 3,849 31.5% (558) -14% PP & E 2,123 20.2% 2,246 18.4% (123) -5% Other Assets 1,233 11.6% 1,233 10.1% 1 0%
Slide 14: Inventory down trend
Inventory down trend Date A 6,000 250 M T 5,000 200 4,000 150 3,000 100 2,000 50 1,000 - - 22'Q1 22'Q2 22'Q3 22'Q4 23'Q1 23'Q2 23'Q3 23'Q4 Inventory amount (NT$ M) 4,809 4,874 4,620 3,849 3,904 3,010 3,433 3,291 Turnover (days) 202 181 165 139 157 136 173 177
Slide 15: Growing Hitron, More Products, More Markets
Growing Hitron、More Products、More Markets Current and future development of new products and markets
Slide 16: Q&A
Q&A Hitron Confidential and Provided under NDA 16
Slide 17: Thank you.
Thank you. <¢ hitron