United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q2 2024 Earnings Presentation
14 slides from United Microelectronics's earnings presentation, Jul 31, 2024
Slide 1: UMC 2Q24 Financial Review
UMC 2Q24 Financial Review July 31, 2024
Slide 2: Note Concerning Forward-Looking Statements
NOTE CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as defined in the United S
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2024 2024 2023 2Q / Jun. 1Q / Mar. 2Q / Jun. Operating Revenues 56,799 54,632 56,296 Net Income Attributable to 13,786 10,456 15,641 Shareholders of the Parent EPS (NTD) 1.11 0.84 1.27 Cash and Cash Equivalents 121,234 119,431 163,097 Total Assets 586,962 567,07
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 2Q24 % 1Q24 % Change % Operating Revenues 56,799 100.0 54,632 100.0 4.0 Gross Profit 19,983 35.2 16,899 30.9 18.2 Operating Expenses (6,311) (11.1) (5,747) (10.5) 9.8 Net Other Operating Income and Expenses 219 0.4 513 1.0 (57.3) Operating Income
Slide 5: Statements of Comprehensive Income - YoY: 6 Months
Statements of Comprehensive Income - YoY: 6 Months Unit: NT$ M 2024 2023 Change % % Jan.~Jun. Jan.~Jun. % Operating Revenues 111,431 100.0 110,506 100.0 0.8 Gross Profit 36,883 33.1 39,477 35.7 (6.6) Operating Expenses (12,059) (10.8) (11,499) (10.4) 4.9 Net Other Operating Income and Expenses 732 0
Slide 6: Balance Sheet Highlight – Jun. 30, 2024
Balance Sheet Highlight – Jun. 30, 2024 Unit: NT$ M Cash and Cash Equivalents 121,234 Funds and Investments 78,404 Property, Plant and Equipment 274,031 Total Assets 586,962 Current Liabilities 124,973 Long-term Credit / Bonds 47,483 Total Equity 356,092 UMC © 2024 6
Slide 7: ASP Trend: 12" Wafer Equivalent
Foundry ASP Trend : 12” Wafer Equivalent Unit: USD 2,000 1,000 0 2Q23 3Q23 4Q23 1Q24 2Q24 UMC © 2024 7
Slide 8: Foundry Segment Sales Breakdown by Geography
Foundry Segment Sales Breakdown by Geography 2Q24 1Q24 Europe Japan Europe Japan 7% 4% 8% 4% North North America America 25% 25% Asia Asia 64% 63% UMC © 2024 8
Slide 9: Foundry Segment Sales Breakdown by Customer Type
Foundry Segment Sales Breakdown by Customer Type 2Q24 1Q24 IDM IDM 13% 18% Fabless Fabless 87% 82% UMC © 2024 9
Slide 10: Foundry Segment Sales Breakdown by Application
Foundry Segment Sales Breakdown by Application 2Q24 1Q24 Others Others 15% 16% Communication Computer Communication Computer 39% 15% 48% 13% Consumer Consumer 31% 23% UMC © 2024 10
Slide 11: Foundry Segment Sales Breakdown by Technology
Foundry Segment Sales Breakdown by Technology 2Q24 1Q24 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 45% 0% 47% 0.25/0.35um 2% 0.25/0.35um 1% 5% 22/28nm 4% 22/28nm 33% 33% 0.15/0.18um 0.15/0.18um 10% 11% 0.11/0.13um 0.11/0.13um 9% 11% 90nm 90nm 10% 12% 40nm 40nm 65nm 12% 65nm 14% 15% 18% UMC © 2024 11
Slide 12: Quarterly Capacity
Quarterly Capacity Unit: in thousands FAB 4Q23 1Q24 2Q24 3Q24E WTK (6") 83 82 83 83 8A (8") 207 206 207 207 8C (8") 119 119 119 119 8D (8") 118 118 118 118 8E (8") 131 130 131 131 8F (8") 145 144 145 145 8S (8") 114 113 114 114 8N (8") 254 252 254 254 12A (12") 346 358 386 403 12i (12") 164 164 172
Slide 13: 2024 Foundry Capital Expenditure Plan
2024 Foundry Capital Expenditure Plan 8" 12" Total 5% 95% 3.3 billion USD UMC © 2024 13
Slide 14: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com
United Microelectronics Corporation (NEW) — Q2 2024 Earnings Presentation on 6ix