Slide 1: Chenbro Micom
Chenbro Micom The Leading Mechatronics Architecture Provider in ICT Industry TWSE:8210 Nov. 2023 Confidential Contact : ir@chenbro.com 0
Slide 2: Safe Harbor Notice
Safe Harbor Notice • This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. • Except as
Slide 3: 2023Q3 Results Highlight
2023Q3 Results Highlight 3Q23 Revenue was NT$2,357M, DOWN 6.2% QoQ and DOWN 22.2% YoY 3Q23 Gross profit was NT$560M, DOWN 5.5% QoQ and DOWN 21.6% YoY 3Q23 Operating income was NT$283M, DOWN 17.7% QoQ and DOWN 35.2% YoY 3Q23 Net Income to Parent was NT$250M, UP 0.5% QoQ and DOWN 43.0% YoY Confidentia
Slide 4: Revenue Breakdown
Revenue Breakdown By Product By Geography Confidential 3
Slide 5: Financial Highlights
Financial Highlights Revenue (NT$Mn) Gross Profie / Gross Margin Net Income / Net Margin EPS (NT$) Confidential 4
Slide 6: Quarterly Income Statement
Quarterly Income Statement NT$ million 22Q3 23Q2 23Q3 QoQ (%) YoY (%) Revenue 3,030 2,514 2,357 -6.2 -22.2 Gross Profit 715 593 560 -5.52 -21.6 Operating Expenses 278 255 290 13.7 4.0 Net other income (expenses) 5 12 Operating Profit 436 343 283 -17.7 -35.2 Non Operating Income/(Loss) 159 35 44 Inco
Slide 7: Income Statement
Income Statement NT$ million 1~3Q22 1~3Q23 YoY (%) Revenue 7,900 6,518 -17.5 Gross Profit 1,631 1,424 -12.7 Operating Expenses 743 756 1.8 Net other income (expenses) 2 Operating Profit 888 670 -24.5 Non Operating Income/(Loss) 250 63 Income before Tax 1,139 733 -35.6 Tax Expenses 291 183 Net Income
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet NT$ million 2021 2022 23Q2 23Q3 QoQ (%) TOTAL ASSETS 11,253 12,325 11,843 12,133 2.45 Cash (Note1) 1,451 1,885 1,834 2,162 17.84 NR & AR 2,372 2,367 2,286 2,159 -5.57 Inventories 2,399 2,400 2,111 2,242 6.20 Fixed Assets 4,527 5,089 4,998 5,018 0.41 TOTAL LIABILITIES 7,076
Slide 9: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Cash Flow Statement (In NT$ million) 1~3Q22 1~3Q23 YoY Beginning Balance (Note 1) 1,451 1,885 30% Cash inflow generated from operations (109) 1,423 (1408%) Capital expenditures (681) (187) (73%) Proceeds from short-term/long-term debt 1,127 (497) (144%) Others (250)
Slide 10: Dividend Distribution
Dividend Distribution Earnings Per Share: NT$8.32 Cash Dividend Per Share: NT$4.00 Item 2018 2019 2020 2021 2022 EPS 5.37 7.62 8.16 5.62 8.32 Dividend p/s (NT$) 4.00 4.60 4.00 3.00 4.00 Cash yield (%) 6.3% 4.7% 5.1%note2 4.6% 2.6% Payout ratio (%) 75% 60% 49% 53% 48% Note: 1. 2018-2022 yields are ba
Slide 11: Q&A
Q&A Contact : ir@chenbro.com Confidential 10
Slide 12: www.chenbro.com
www.chenbro.com Confidential 11