Mitac Holdings Corp. · TWSE:3706
Mitac — Q1 2022 Earnings Presentation
15 slides from Mitac's earnings presentation, May 20, 2022
Slide 1: Online Investor Conference
MITAC HOLDINGS CORPORATION Online Investor Conference May 20th , 2022
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 • Company Update Billy Ho, President and Spokesperson • Financials Doris Huang, VP of Finance and Deputy Spokesperson • Cloud and Edge Computing Business Michael Lin, President of MCT • Automotive and A-IoT Business Steve Chang, President of MDT • Q&A MCT: Mitac Computing Technology Corp. MDT
Slide 4: 2021-2022 ESG Progress
2021-2022 ESG Progress 2021/5 2021/11 2022/1 2022/11 Established BOD report Established BOD Report Risk Management Confirmation of Sustainable Team Group’s GHG ESG execution result Development emission target Committee 2022/9 Shareholders’ Meeting 2022/3 2022/6 Plan to hold quarterly Held quarterly
Slide 5: ESG Result and Future Goal
ESG Result and Future Goal E Environment GHG emission reduction path target setting To be reduced by 15% by 2025 To be reduced by 30% by 2030 Net-Zero emission by 2050 Self-built solar energy equipment (PV) Clear energy target 10% by 2025 Recognized by CDP as a Supplier Engagement Leader
Slide 6: Financials
Financials mirc 2 6 MITAC HOLDINGS CORP.
Slide 7: 2022 Q1 Business Unit Revenue Mix (Consolidate)
2022 Q1 Business Unit Revenue Mix (Consolidate) Business Unit Amount % MIC MDT 7.6% MCT 8,881 78.5% 13.9% MDT 1,574 13.9% MCT 78.5% MIC 858 7.6% Total 11,313 100% Unit: NT$ Million MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. MIC: MiTAC International Corp. 7
Slide 8: Brief Income Statement
Brief Income Statement Unit: NT$ Million Item 2020 2021 YOY(%) 2021Q1 2022Q1 YOY(%) Operating Revenues 41,146 42,186 3% 11,428 11,313 (1%) Gross Profit 4,625 4,362 (6%) 1,046 1,190 14% Gross Profit % 11.24% 10.34% 9.15% 10.52% Operation Expense 4,551 4,320 (5%) 1,067 1,122 5% Operation Expense % 11%
Slide 9: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$ Million GP% % 15% 11% 3% 10% 11% 41,146 42,186 4,625 4,362 11,313 1,190 2020 2021 2022Q1 2020 2021 2022Q1 Net Income EPS NT$ Million NT$ 6,759 5.66 5,202 2,851 4.35 533 - 2.45 0.44 2020 2021 2022Q1 9 2020 2021 2022Q1 MHC 認列Syn
Slide 10: Brief Balance Sheet
Brief Balance Sheet Unit: NT$ Million Item 2020.12.31 2021.12.31 2022.03.31 Cash and Cash Equivalents 5,805 6,651 6,415 Current Assets 21,982 27,591 29,020 Long-term Investments 25,173 38,764 38,233 Property, Plant and Equipment 7,753 7,785 7,952 Total Assets 57,172 76,349 77,412 Current Liabilities
Slide 11: Capital Structure and Liquidity Analysis
Capital Structure and Liquidity Analysis 176% 176% 158% 流動比率 Current Ratio 速動比率 Quick Ratio 99% 96% 90% 負債占股權比率 Debt to Equity 52% 45% 34% 31% 34% Debt Ratio 25% 2020 2021 2022Q1 11
Slide 12: Operating Performance Analysis
Operating Performance Analysis Receivables Turnover(Days) Inventory Turnover (Days) 114 119 97 53 48 51 2020 2021 2022Q1 2020 2021 2022Q1 Payable Turnover (Days) Cash Turnover (Days) 108 87 95 63 67 62 2020 2021 2022Q1 2020 2021 2022Q1
Slide 13: Cloud and Edge Computing Business
Cloud and Edge Computing Business Public Cloud Software-Defined HPC/AI Server Storage (SDS) Front-end Server Open Radio Area Edge Network (O-RAN) for 5G Server Private Cloud Front-end Server Enterprise Server Enterprise Storage To Client Devices 13
Slide 14: Automotive and A-IoT
Automotive and A-IoT SMART TELEMATICS SMART MOBILITY • Video Telematics • VT (VisionMax) • Smart ADAS • Dashcam Recorder • Smart ADAS • Fleet Tablet • M Box • Navigation Solution • Fleet Management (RTR) MaaS • Motobike Smart Camera• Motobike App (MiVue Pro) • Outdoor • Outdoor App (MioShare) • MiDM
Slide 15: 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