Phihong Technology Co., Ltd. · TWSE:2457
Phihong Technology — Q3 2022 Earnings Presentation
15 slides from Phihong Technology's earnings presentation, Nov 23, 2022
Slide 1: Phihong Technology 2022 Q3 Investor Conference
Phihong Technology 2022 Q3 Investor Conference November 23,2022
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements which are subject to risks, uncertainties, and assumptions, some of which are beyond our control. Actual results may differ materially from those expressed or implied by these forward-looking statements. Please refer to the information
Slide 3: Agenda
Agenda Opening 01 Benetton Li – Zerova CFO 02 2022 Q3 Results Update and Outlook Allan Lin – CEO of Phihong Technology 03 Overview of Zerova Technologies Alex Lin – Chairman of Zerova Technologies 04 Q&A 2
Slide 4: 2022 Q3 Results Update and Outlook
2022 Q3 Results Update and Outlook
Slide 5: 2022 Q3 Financial Results
2022 Q3 Financial Results (in NTD mm) 2022Q3 2022Q2 QoQ 2021Q3 YoY Amount % Amount % % Amount % % Sales Revenue 3,804 100.0 3,392 100.0 12.1 3,144 100.0 21.0 COGS 3,265 85.8 2,917 86.0 11.9 2,747 87.4 18.9 Gross Profit (Loss) 539 14.2 475 14.0 13.5 397 12.6 35.8 Operating Expenses 564 14.8 487 14.4
Slide 6: 2022 Q1-Q3 Operating Performance
2022 Q1-Q3 Operating Performance (in NTD mm) 2022 Q1-Q3 2021 Q1-Q3 YoY Item Amount % Amount % % Sales Revenue 10,165 100.0 8,510 100.0 19.4 COGS 8,813 86.7 7,551 88.7 16.7 Gross Profit (Loss) 1,352 13.3 959 11.3 41.0 Operating Expenses 1,531 15.1 1,290 15.2 18.7 Operating Income (Loss) (179) (1.8) (
Slide 7: Segment Revenue Contribution
Segment Revenue Contribution FY2021 2021年營收 Q1-Q3 2022 新台幣 12,284百萬 NTD 12,284 mm NTD 10,165 mm Zerova Zerova 2.6% 8.5% Power Supply Power Supply 97.4% 91.5% 6
Slide 8: Gross Margin Trends
Gross Margin Trends (in NTD mm) Sales GPM% 7
Slide 9: 2022 Q1-Q3 Key Balance Sheet Metrics
2022 Q1-Q3 Key Balance Sheet Metrics (in NTD mm) 3,500 3,080 3,500 3,122 3,000 3,000 2,792 2,500 2,153 2,500 2,309 2,000 1,881 2,000 Cash 1,500 Accounts 1,500 Receivable 1,000 1,000 500 500 Q1 Q2 Q3 Q1 Q2 Q3 ‐ ‐ 700 3,440 3,430 581 3,420 600 527 3,400 500 3,380 3,373 Inventory Net Debt (1) 400 3,360
Slide 10: Cash Flows Snapshot
Cash Flows Snapshot 2022 2021 in NTD mm Q1~Q3 Q1~Q3 Cash Flows from Operating Activities (1,027) (957) Cash Flows from Investing Activities (640) (893) Cash Flows from Financing Activities 931 1,355 Effect of Exchange Rate Changes on Cash and Cash 225 (25) Equivalents Net Increase / (Decrease) in Ca
Slide 11: Overview of Zerova Technologies
Overview of Zerova Technologies
Slide 12: Global Decarbonization and Electrification Driving EV Infrastructure Build-out
Global Decarbonization and Electrification Driving EV Infrastructure Build-out Transportation: Lower cost through Strong regulatory Rising EV demand Significant spend on largest source of technology support and adoption EV infrastructure carbon emission improvements The sector accounts for Emission
Slide 13: Clear Business Model and Positioning
Clear Business Model and Positioning Energy Supplier / System Solutions Provider Infrastructure Asset Charge E-mobility Distribution System Operator Service Provider Owner Point Operator Service (DSO) (CPO) Provider (EMP) Customer Certification Purchase Retail Manu- Back-end Subscription Production
Slide 14: Diversified Product Portfolio Catering to Customers Across Segments
Diversified Product Portfolio Catering to Customers Across Segments Applications Single home Apartment Public Fast–charging Bus charging Commercial fleet residential charging hotel & workplace commercial parking roadside stations destination charging 32A AC 48A-11kW/32A- 48A-11kW/ 32A/63A AC 30kW DC
Slide 15: Q&A
Q&A