Hitron Technologies Inc. · TWSE:2419
Hitron Technologies — Hitron Investor Conference (November 2022)
15 slides from Hitron Technologies's conference presentation, Nov 2, 2022
Slide 1: Hitron Investor Conference
Hitron Investor Conference TWSE Stock Code : 2419 November 2, 2022
Slide 2: Agenda and presenters
• 2022 Q3 Financial Status • Operations Overview & Vision • New Market Segments & Strategies • Q&A Present by: April Huang, Chairwoman Patrick Chiu, President Adams Lee, VP of Sales & Spokesman Allen Hsu, CFO
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: 2022 Q3 Finance Statement
2022 Q3 Finance Statement <hitron
Slide 5: 2022 Q3 Financial Report: Consolidated Comprehensive Income
2022 Q3 Financial Report Consolidated Comprehensive Income NT Million 2022 2021 2022 2021 Q3 % Q3 % Q1~Q3 % Q1~Q3 % Net Sales 3,163 100.0% 2,169 100.0% 8,643 100.0% 7,324 100.0% Cost of Goods Sold 2,515 79.5% 1,685 77.7% 6,711 77.6% 5,901 80.6% Gross Profit 647 20.5% 484 22.3% 1,932 22.4% 1,423 19.4
Slide 6: 2022 Q3 Financial Report: Consolidated Balance Sheet
2022 Q3 Financial Report Consolidated Balance Sheet NT Million 2022/9/30 2021/12/31 2021/9/30 AMT % AMT % AMT % Cash & Cash Equivalents 2,171 16.8% 3,175 28.9% 2,275 22.5% AR 2,572 19.9% 1,797 16.4% 1,633 16.2% Inventory 4,620 35.7% 3,453 31.4% 3,575 35.4% PP & E 2,294 17.8% 1,964 17.9% 1,980 19.6%
Slide 7: 2022 Third Quarter Results
2022 Third Quarter Results Ø Strong top line growth Q3 revenue is $3.16B which is 45% growth of YoY. First 3 quarter revenue is $8.64B which is18% growth for YoY. New Product is launched in North America and new customers in rest of the world. Ø Balanced Revenue among all regions Significant growth
Slide 8: Inventory ADS
Inventory ADS inventory (M NTD) 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 Hitron Consolidated Total amount (F/R Net Amount) 3,451 3,584 3,575 3,454 4,809 4,874 4,620 Hitron Factory ADS 75 110 111 112 118 98 68 (including in transit material and FG in factory) Hitron RO ADS 53 65 75 92
Slide 9: Worldwide Revenue Growth
Worldwide Revenue Growth 2012 – 2022 Q3 400 348 346 350 330 334 300 290 275 280 253 250 238 228 204 200 150 100 50 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 YTD *Revenue in USD is calculated based on the annual average exchange rates Hitron Confidential and Provided under NDA 9
Slide 10: Global Shipping Volume
Global Shipping Volume 2012 – 2022 Q3 5,000 4,645 4,432 4,484 4,500 4,157 4,000 3,560 3,644 3,500 3,302 3,354 2,969 2,998 3,000 2,500 2,351 2,000 1,500 1,000 500 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 YTD Hitron Confidential and Provided under NDA 10
Slide 11: By Region
各地區營收表現 By Region Net Sales ($M) GP% GP% Q3’21 Q3’22 YoY YTD’21 YTD’22 YoY Q3’21 Q3’22 YoY YTD’21 YTD’22 YoY Notes • Major North American MSO demand remains strong North • Increased demand for Wi-Fi 6 from America +44% 165.9 +15% +1.4% +5.0% small and medium operators 144.8 • Routers for low-orbit s
Slide 12: Shipping Revenue by Segment
Shipping Revenue by Segment 2022 YTD 90.13% 3.53% 1.45% 4.91% 2021 95% 1% 1% 3% 0.1% 2020 96.9% 0.9% 2.1% Cable CPE PON CPE Wireless Networking Others Hitron Confidential and Provided under NDA 12
Slide 13: Q4 Focus and Forward Looking
Q4 Focus and Forward Looking Ø Continue to reduce inventory. Ø BOM cost reduction & improve Manufacture efficiency. Ø Staff up RD resource and expand new product line in Fiber and 5G small cell related products. Ø Expect Q4 will be better than Q3. Expect significant growth in Europe and CALA region
Slide 14: Q&A
Q&A Hitron Confidential and Provided under NDA 21
Slide 15: Thank you.
Thank you. << hitron
Hitron Technologies — Hitron Investor Conference (November 2022) on 6ix