Mitac Holdings Corp. · TWSE:3706
Mitac — H1 2020 Earnings Presentation
13 slides from Mitac's earnings presentation, Aug 14, 2020
Slide 1: Mitac Holdings Corporation Online Earnings Conference
MITAC HOLDINGS CORPORATION Online Earnings Conference August 14th, 2020
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation may contain forward-looking statements. These forward-looking statements reflect the current expectations, assumptions, estimates and projections regarding the anticipated developments and other factors based upon the information now available to us. These forwar
Slide 3: Agenda
Agenda • Financials by Doris Huang, VP of Finance and Deputy Spokesperson • Cloud and Edge Computing Business by Michael Lin, President of MCT • Automotive and A-IoT Business by Steve Chang, President of MDT • Q&A 3
Slide 4: Financials
Financials 2, MiTAC MITAC HOLDINGS col
Slide 5: Income Statement
Income Statement Unit: NT$ Million Item 2015 2016 2017 2018 2019 2020 1H Operating Revenues 50,055 48,342 48,761 30,752 35,832 19,267 Gross profit 5,584 5,554 5,665 4,788 5,190 2,384 Gross profit % 11.16% 11.49% 11.62% 15.57% 14.48% 12.37% Operation Income (loss) 297 683 740 334 501 (13) Income Befo
Slide 6: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$M GP% % 15,000 19% 17% 60,000 13,000 15.6% -3% 1% 14.5% 50,000 11,000 50,055 -37% 12.4% 48,342 48,761 9,000 11.2% 11.5% 11.6% 40,000 7,000 30,000 35,832 30,752 5,000 20,000 5,584 5,554 5,665 5,190 19,267 3,000 4,788 10,000 1,00
Slide 7: Balance Sheet
Balance Sheet Unit: NT$ Million Item 2015.12.31 2016.12.31 2017.12.31 2018.12.31 2019.12.31 2020.6.30 Cash and Cash Equivalents 8,798 7,657 8,090 5,725 6,665 4,483 Current Assets 21,840 25,553 20,499 19,034 23,189 23,456 Long-term Investments 15,888 16,565 17,974 19,904 22,132 22,504 Property, Plant
Slide 8: Operating Performance Analysis
Operating Performance Analysis Receivables Turnover(Days) Inventory Turnover (Days) 104 69 99 61 93 60 59 55 50 65 65 64 2015 2016 2017 2018 2019 2020.06 2015 2016 2017 2018 2019 2020.06 Payable Turnover (Days) 75 Cash Turnover (Days) 72 93 67 89 89 63 62 54 61 62 57 2015 2016 2017 2018 2019 2020.06
Slide 9: 2020 1H Business Units (Consolidate)
2020 1H Business Units (Consolidate) BU Amount % MIC MCT 15,301 79.4% MDT 12.3% 8.3% MDT 2,367 12.3% MIC 1,599 8.3% MCT 79.4% Total 19,267 100% Unit: NT$ Million MCT (MiTAC Computing Technology Corp.) MDT (MiTAC Digital Technology Corp.) MIC (MiTAC International Corp.) 9
Slide 10: Cloud and Edge Computing Business
Cloud and Edge Computing Business Hyperscale openEDGE/OTII HPC/GPGPU Server Network Datacenter Platforms Platforms Storage Appliance High-density Servers for 5G Multi- High-performance Software-defined, Server appliances deployment of EIA access Edge computing, hybrid scale-out storage built managin
Slide 11: Automotive and A-IoT
Automotive and A-IoT Automotive Dashcam / PND ADAS Navigation Solution Outdoor Recreation A-IoT Connected Car Smart City Professionals Industrial Tablet Industrial Handy Terminal Fleet Management Solution Device Management Platform 11
Slide 12: Q&A
Q&A 12 2, MiTAC MITAC HOLDINGS col
Slide 13: Mitac IR Website and IR Contact
Mitac IR Website: https://www.mitac.com/en-global/investors_overview/index Quarterly Financial Statements: https://www.mitac.com/en-global/quarterly_statement/index/ IR Contact: Ms. Sammy Huang Email : stock@mic.com.tw / sammy.huang@mic.com.tw Phone : +886-3-3289000 ext. 7685 Website: www.MiTAC.com