Advanced Ceramic X Corporation · TPEX:3152
Advanced Ceramic X — FY2019 Earnings Presentation
7 slides from Advanced Ceramic X's earnings presentation, Mar 16, 2020
Slide 1: Advanced Ceramic X Corporation Wireless SiP Solutions
ACX Advanced Ceramic X Corporation Wireless SiP Solutions 無線通訊整合元件與模組專家 Mar 16, 2020 1
Slide 2: Income Statements – 2019/4Q
ACX Income Statements – 2019/4Q (M NTD) 4Q19 3Q19 4Q18 QoQ YoY Net Sales 437 415 485 +5.3% -9.8% Gross Margin 59.5% 59.0% 62.4% +0.5 ppt -2.9 ppt Operating Expenses (52) (59) (57) -12.5% -10.1% Operating Margin 47.7% 44.8% 50.6% +2.9 ppt -2.9 ppt Non-Operating Items (14) 7 9 -309.4% -245.7% Taxes (3
Slide 3: Income Statements
ACX Income Statements (M NTD) 2019 2018 YoY Net Revenue 1,708 1,804 -5.4% Gross Margin 59.6% 62.2% -2.6 ppt Operating Expenses (225) (213) +5.4% Operating Margin 46.4% 50.4% -3.9 ppt Non-Operating Items 12 36 -65.8% Taxes (159) (188) -15.4% Net Income 647 758 -14.7% Net Profit Margin 37.9% 42.0% -4.
Slide 4: Balance Sheet
ACX (M NTD) Dec 31, 2019 Dec 31, 2018 Cash and Marketable Securities 1,943 51% 2,209 58% Accounts Receivable 262 7% 324 9% Inventory 118 3% 130 3% Net PP&E 1,418 38% 1,101 29% Other Assets 39 1% 33 1% Total Assets 3,780 100% 3,797 100% Current Liabilities 468 12% 454 12% Noncurrent Liabilities 14 1%
Slide 5: Cash Flows – 2019
ACX Cash Flows – 2019 (M NTD) 2019 2018 Beginning Balance 1,709 2,284 Cash from Operating 841 893 Activities Capital Expenditure (426) (216) Cash Dividends (682) (752) Investment & Others 285 (500) Ending Balance 1,727 1,709 Free Cash Flow 415 677 Remark：Free cash flow=Operating cash flow-capital ex
Slide 6: Financial Highlights – 2019
ACX Financial Highlights – 2019 Key Indices 2019 2018 Net Sales (M NTD) 1,708 1,804 Gross Margin (%) 59.6 62.2 Operation Income (M NTD) 793 909 Profitability Operation Margin (%) 46.4 50.4 Net Income (M NTD) 647 758 Earning Per Share (NTD) 9.37 10.98 Operating Days Sales Outstanding 63 68 Performanc
Slide 7: Choose Wireless, Choose ACX
ACX Choose Wireless, Choose ACX Stock Code: 3152 TW http://www.acxc.com.tw 7