Alchip Technologies Ltd. · TWSE:3661

Alchip Technologies — Q4 2020 Earnings Presentation

14 slides from Alchip Technologies's earnings presentation, Mar 5, 2021

  1. Slide 1: Alchip Technologies Investor Conference Meeting

    (3661 TT) Alchip Technologies Investor Conference Meeting March 5th, 2021 1 © 2019 Alchip Technologies Proprietary and Confidential Information

  2. Slide 2: Safe Harbor Disclaimer

    Safe Harbor Disclaimer This presentation contains forward-looking statements, including statements about business outlook and strategy, and statements about historical results that may suggest trends for our business. These statements are based on estimates and information available to us at the tim

  3. Slide 3: Meeting Logistics and Q&A Instructions

     This meeting will be in English, If you need Chinse presentation slides, please go to MOPS to download the Chinese version  Participants please write down your questions to host through Zoom’s message function with your and your company name  Please use the “raise hand” function through Zoom for

  4. Slide 4: Alchip at a Glance

    Alchip at a Glance 450+ 75%+ Employees of revenues from (75% are engineers) AI / HPC Founded in 2003 $240M IPO (TWSE) in Revenues 2014 in 2020 450+ VCA Member tape-outs 30+ Concurrent Design in 2020 (1) High performance computing. 4 4 (2) Value Chain Aggregator (“VCA”) is a program established by TS

  5. Slide 5: ASIC Applications

    ASIC Applications HPC Consumer AI Automotive Crypto- FA/Robot Currency Providing best ASIC solution as #1 Fabless ASIC Network provider Medical Security IoT HS Network 5 © 2019 Alchip Technologies Proprietary and Confidential Information

  6. Slide 6: 2020 Recap/Summary (1)

    2020 Recap/Summary (1)  Record-breaking Year on all Numbers – Revenue: $239.6M (record high!!) – Operating Income: $33.4M (record high!!) – Net income: $28.3M (record high!!) – EPS： NTD 13.61 (record high!!)  Capital Market Updates – Share price surged from NTD234(1/1) to 621(12/31) – GDR complete

  7. Slide 7: 2020 Recap/Summary (2)

    2020 Recap/Summary (2)  Trade-war Tension Accelerates China IC Industry – Higher dependencies from proven channels – More opportunities & demand from existing/startup customers  Covid-19 Impact – Insignificant impact on project deliveries – Quarantine requirements favors local (China) business – T

  8. Slide 8: 4Q20 Quarterly Income Statement

    4Q20 Quarterly Income Statement US$'000 3Q20 4Q20 QoQ (%) YoY (%) Revenue 67,684 66,432 -1.9 41 COGs 46,349 45,602 -1.6 44 Gross Profit 21,335 20,829 -2.4 36 Op. Exp 11,898 12,523 5.3 17 Op. Income 9,436 8,306 -12.0 79 Non. Op. 800 2,132 166.7 122 Pre-Tax Profit 10,236 10,438 2.0 86 Income Tax -2,37

  9. Slide 9: Yearly Income Statement

    Yearly Income Statement US$'000 2019 2020 YoY (%) Revenue 140,138 239,565 70.9 COGs 88,021 161,483 83.5 Gross Profit 52,117 78,083 49.8 Op. Exp 38,113 44,676 17.2 Op. Income 14,004 33,407 138.6 Non. Op. 2,989 3,338 11.7 Pre-Tax Profit 16,993 36,745 116.2 Income Tax -2,969 -8,490 186.0 Net income 14,

  10. Slide 10: Revenue Breakdown by Application

    Revenue Breakdown by Application Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 59% 66% 73% 76% 60% 79% 60% 86% 40% 40% 18% 14% 20% 12% 20% 11% 11% 14% 14% 10% 7% 4% 8% 6% 6% 6% 9% 0% 4% 2% 0% 4% 1Q20 2Q20 3Q20 4Q20 2019 2020 Consumer Networking Niche HPC Consumer Networking Niche HPC 10 © 2

  11. Slide 11: Revenue Mix by Process Node

    Revenue Mix by Process Node Quarterly breakdown Yearly breakdown 100% 100% 20% 20% 29% 26% 27% 32% 80% 80% 60% 60% 40% 58% 38% 53% 53% 40% 59% 40% 30% 20% 24% 20% 11% 15% 14% 8% 7% 6% 6% 4% 2% 5% 0% 3% 2% 1% 1% 0% 4% 2% 1Q20 2Q20 3Q20 4Q20 2019 2020 55nm & lower 40nm 28nm 16/12nm 7nm 55nm & lower 40

  12. Slide 12: Revenue Breakdown by Region

    Revenue Breakdown by Region Quarterly breakdown Yearly breakdown 100% 100% 11% 15% 16% 17% 21% 22% 6% 2% 80% 80% 6% 4% 3% 6% 60% 60% 51% 70% 72% 60% 64% 62% 40% 40% 20% 20% 21% 18% 14% 13% 12% 15% 0% 0% 1Q20 2Q20 3Q20 4Q20 2019 2020 Japan China Taiwan Others Japan China Taiwan Others 12 © 2019 Alchi

  13. Slide 13: 2020 Business Review

    2020 Business Review  China CPU shipment to be the main growth driver – Strong demand from our major customers extended from 2H19 to whole 2020 – China and US tension stimulates even greater demand of China IC designers – In addition to strong CPU shipments, 7nm projects flowed in from both existin

  14. Slide 14: Thanks!

    Thanks! www.alchip.com 14 © 2019 Alchip Technologies Proprietary and Confidential Information

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