Slide 1: FocalTech Investor Conference
敦泰電子(3545)法人說明會 FocalTech Investor Conference 2022/02/24 The world leader in human machine interface solutions
Slide 2: Agenda
Agenda 2021 Q4 and 2021 Annual Result Summary Future Outlook New Products Q&A CONFIDENTIAL © 2021 FocalTech Systems Co., Ltd. All rights reserved 2
Slide 3: 免責聲明 DISCLAIMER
免責聲明DISCLAIMER • 本簡報之內容可能包括本公司基於從各項來源所取得的資訊， 對於營運、財務狀況與企業發展情形的前瞻性預估。 • This presentation may contain “forward-looking statements” which may include projections on future results of operations, financial condition, and business prospects based on our own information and other sources. • 因為包括但不限於市場需求、
Slide 4: 2021 Q4 Result Summary
2021 Q4 Result Summary /110年第4季營運成果 2021年第4季營收為55.97億元，較2020年同期相比大幅提升30%。獲利表現方面，第 4季毛利率為49.6%，較上一季度略為下滑，但符合預期，較2020年同期顯著成長18 個百分點；稅後淨利13.3億元，年增1.4倍，為公司歷史記錄第三高。 Fourth quarter revenue was NT$5.59 billion, up by 30% year-over-year. Gross margin reached 49.6%, slightly down quarter-over-quarter but
Slide 5: 2021 Annual Result Summary
2021 Annual Result Summary /110年度營運成果 2021全年度合併營業額達NT$219.91億元，較2020年度有近6成的成長。毛利率為 48.8%，比2020年提高24個百分點。營業淨利NT$71.3億元，相較2020年大幅增加近6 倍。稅後淨利為NT$60.9億，基本每股盈餘NT$30.23元，創下公司成立以來的最佳 表現。 2021 annual consolidated revenue reached NT$21.99 billion, increased by around 60% compared to the previous year. Gr
Slide 6: Q4 21' Income Statement
Q4 21’Income Statement /110年第4季損益表 Unit: NT$ Million /單位: 新台幣 佰萬元 21' Q4 21' Q3 QoQ 20' Q4 YoY Revenue/ 營業收入 5,597 6,272 -11% 4,307 30% Gross Profit/ 營業毛利 2,778 3,415 -19% 1,361 104% Gross Margin/ 營業毛利率 49.6% 54.4% -4.8% 31.6% 18.0% Operating Expense/ 營業費用 1,029 998 3% 747 38% Operating Income/ 營業淨利
Slide 7: 2021 Income Statement
2021 Income Statement /110 年損益表 Unit: NT$ Million /單位: 新台幣 佰萬元 2021 2020 YoY Revenue/ 營業收入 21,991 13,800 59% Gross Profit/ 營業毛利 10,729 3,429 213% Gross Margin/ 營業毛利率 48.8% 24.8% 23.9% Operating Expense/ 營業費用 3,599 2,398 50% Operating Income/ 營業淨利 7,130 1,031 592% Non Operating Income/ 營業外收入 473 126
Slide 8: Q4 21' Balance Sheet
Q4 21’Balance Sheet / 110年第4季資產負債表 Unit: NT$ Million /單位: 新台幣 佰萬元 21' Q4 21' Q3 QoQ 20' Q4 YoY Cash & Market Securities/ 現金及流動金融資產 11,103 9,686 15% 5,880 89% Accounts Receivable/ 應收帳款 3,255 2,575 26% 1,634 99% Inventory/ 存貨 3,822 2,494 53% 1,755 118% Other Current Assets/ 其他流動資產 536 486 10% 185 190%
Slide 9: Future Outlook (I)
Future Outlook /未來展望 (I) 目前半導體供應鏈產能緊張的狀況，已開始有所疏緩；但由於部分製程仍極短缺， 預期2022年整體供應鏈長短料的情況仍需一段整理期。 In the past few months, the semiconductor shortage problem has shown some sporadic improvements. Nevertheless, as shortage remains severe at some foundry process nodes, a wide-ranged relief may still hard to
Slide 10: Future Outlook (II)
Future Outlook /未來展望 (II) 在終端市場方面，2021年第四季高階手機庫存略為偏高，惟中低階手機需求依然旺 盛，長短料不平衡的情況持續。春節期間庫存的調整狀況，為影響接下來供需的走 向的因素之一。 In the fourth quarter of 2021, inventory level of high-end cellphones rose slightly, while demand for mid-to-low end products remained strong, resulted in sustaining material mismatch. H
Slide 11: Future Outlook (III)
Future Outlook /未來展望 (III) 展望2022年，歷經過去半導體上下游產能緊張的狀況，公司已提早規劃面對未來市場 的不定性，完成了與下游關鍵客戶簽訂多年長期合約，以確保未來訂單及營運成長無 虞。相對的，敦泰也與晶圓代工廠綁定長約以確保產能的供給，2022年供應量可超越 2021年。 FocalTech is well prepared for future market uncertainty, as the Company has signed long term agreements with both key customers and major found
Slide 12: New Products (I)
New Products /新產品佈局 (I) 在策略佈局上，敦泰將持續致力於分散市場及優化產品組合。運用在LCD IDC (TDDI)技術的領先地位作為基礎，在車用及工控等產品及市場的拓展達到加乘效 果，在2021年敦泰已成為車用IDC晶片的全球領導廠商。電動車、自駕車等汽車 智慧化的趨勢將持續增加車用內嵌式面板的需求，成為公司未來成長的重要動力。 FocalTech has always been dedicated in market diversification and product portfolio optimization. Leveraging our advant
Slide 13: New Products (II)
New Products /新產品佈局 (II) 在AMOLED方面，敦泰穩定的技術能力與品質深獲客戶信賴，觸控產品出貨數量逐 年提升，預期2022年將持續擴大AMOLED手機的市場佔有率。在穿戴式應用上驅動 IC產品也已開始量產，另外新IDC (TDDI) 已開發並驗証完成，預期IDC將是 AMOLED穿戴式市場中規格最高、也最具競爭力的產品。 Regarding AMOLED, FocalTech has earned customers' trust with stable quality and technical performance. Our shipments for
Slide 14: THANKS
THANKS Copyright © 2021 FocalTech Systems Co., Ltd. All Rights Reserved. The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a numbe