Wnc Corporation · TWSE:6285
Wnc — Wistron NeWeb — Q1 2022 Earnings Presentation
17 slides from Wnc's earnings presentation, May 10, 2022
Slide 1: 2022 Investor Conference
2022 Investor Conference May 2022 □ Normal □ Internal Use ■ Confidential □ Restricted Confidential
Slide 2: Disclaimer
Disclaimer This presentation is being delivered to the recipient. The sole purpose of this presentation is to assist the recipient in understanding Wistron NeWeb Corporation ( WNC ). This presentation is not intended to form the basis of a decision to purchase securities or any other investment deci
Slide 3: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 3
Slide 4: 1Q 2022 Income Statement QoQ (Consolidated)
1Q 2022 Income Statement QoQ (Consolidated) (in NT$ million) 1Q 2022 4Q 2021 QoQ Amount % Amount % % Net Revenue 19,456 100.0 19,053 100.0 2.1 Realized Gross Profit 2,039 10.5 1,939 10.2 5.1 Operating Expense 1,800 9.3 1,744 9.2 3.2 Operating Income 239 1.2 195 1.0 22.2 Non-operating Income/(Loss) 1
Slide 5: 1Q 2022 Income Statement YoY (Consolidated)
1Q 2022 Income Statement YoY (Consolidated) (in NT$ million) 1Q 2022 1Q 2021 YoY Amount % Amount % % Net Revenue 19,456 100.0 15,344 100.0 26.8 Realized Gross Profit 2,039 10.5 1,671 10.9 22.0 Operating Expense 1,800 9.3 1,402 9.1 28.4 Operating Income 239 1.2 269 1.8 -11.2 Non-operating Income/(Los
Slide 6: 2022/3/31 Balance Sheet (Consolidated)
2022/3/31 Balance Sheet (Consolidated) (in NT$ million) 2022/3/31 2021/12/31 QoQ 2021/3/31 YoY Amount % Amount % Amount % Amount % Amount % Cash & ST Investments 4,442 9 4,029 9 413 10 5,726 15 (1,284) -22 A/R 16,235 34 15,404 35 831 5 12,358 32 3,878 31 Inventory 15,111 31 13,449 30 1,662 12 10,064
Slide 7: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 7
Slide 8: WNC Product Strategy
WNC Product Strategy Infrastructure Access Network Infrastructure Edge Edge Infrastructure Terminal Automotive IoT/Sensor Home Client Devices 5G CPE PON IIoT Sensors Camera, Radar Private Network, Switch MEC, RSU Wi-Fi LEO Sat ORAN IIoT Modules and Devices 4G/5G CPU Repeater OTT Camera Modules □ Nor
Slide 9: Product Category
Product Category Enterprise and Infrastructure Networking • Enterprise APs & Switches / Wi-Fi Mesh Routers / SD WAN / 5G RU / 5G Smart NIC / 5G Edge Server Networking Consumer Connectivity • Wireless Modules / Cellular Connectivity Car Connectivity (CPU / Cellular / Wi-Fi / Bluetooth Modules) Automo
Slide 10: Revenue by Region 1Q 2022
Revenue by Region 2021 1Q 2022 Europe Europe 20% 25% America America 51% Asia Asia 55% 25% 24% □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 10
Slide 11: WNC Global Manufacturing Sites Overview
WNC Global Manufacturing Sites Overview Wistron NeWeb (Kunshan) WNC (Kunshan) (S1) Hsinchu, Kunshan, China Taiwan Tainan, Hsinchu Site Brazil Site WebCom Communication Ha Nam, Taiwan (Manufacturing partner) (Kunshan) Vietnam New New (VN) (S2) (S3) Manaus, Brazil NeWeb Vietnam Tainan Site Tainan Site
Slide 12: Patents & Achievements
Patents & Achievements WNC not only focuses on R&D investment but also values sustainability in its long-term operations. R&D IT World Awards 2019, 2018 CES Innovation Awards 2022 Hsinchu Science Park R&D Accomplishment Award 2020, 2018 Hsinchu Science Park Innovative Product Award 2021, 2
Slide 13: ESG Performance
ESG Performance EcoVadis assessment of suppliers’ environmental and social performance for global supply chains 2022 rating: Gold Medal TIA (QuEST) assessment of global ICT companies for sustainable supply chains 2021 rating: Silver CDP ratings in the “climate change” and “supply chain managem
Slide 14: WNC included in S&P Global Sustainability Yearbook 2022
WNC included in S&P Global Sustainability Yearbook 2022 • In order to be listed in the Yearbook, companies must be within the top 15% of their industry and must achieve a score within 30% of their industry’s top performing company. • In the communications equipment industry (CMT) which WNC is associ
Slide 15: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 15
Slide 16: Summary
Summary □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 16
Slide 17: Wistron NeWeb Corp.
Wistron NeWeb Corp.