Chipmos Technologies, Inc. · TWSE:8150
Chipmos Technologies — Q3 2020 Earnings Presentation
19 slides from Chipmos Technologies's earnings presentation, Nov 10, 2020
Slide 1: Q3'20 Results Conference
November 2020 Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services Q3’20 Results Conference Exhibit 99.2
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, amon
Slide 3: Agenda
Agenda Welcome Q3’20 Operating Results S.J. Cheng Q3’20 Financial Results Silvia Su Q4’20 Business Outlook S.J. Cheng Q&A
Slide 4: Q3'20 Operating Results
Q3’20 Operating Results 4 @. Chipmos
Slide 5: Revenue & Gross Margin
Revenue: NT$5,686.1M (QoQ +4.8%, YoY +5.3%) a six year high for third quarter Q1~Q3’20: YoY +13.1% Gross Margin: 19.3% (QoQ: -1.4ppts, YoY: -2.1ppts); Q1~Q3’20: 20.9% (YoY: +2.9ppts) OpEX: 6.9%; Q1~Q3’20: 7.1% Revenue & Gross Margin 5
Slide 6: Utilization Rate
Utilization Rate 6 Q3’20: 75% Q2’20: 81% Q3’19: 74% Q3’20: 80% Q2’20: 76% Q3’19: 76% Q3’20: 85% Q2’20: 71% Q3’19: 70% Q3’20: 76% Q2’20: 74% Q2’19: 73% Q3’20: 79% Q2’20: 76% Q3’19: 74%
Slide 7: Q3'20 Revenue Breakdown
Q3’20 Revenue Breakdown Product Segment Manufacturing Site
Slide 8: Revenue Breakdown - Memory
Revenue Breakdown － Memory 8 Q3’20: 42.2% (QoQ: +3.4%, YoY: +5.1%)
Slide 9: Revenue Breakdown - DDIC + Gold Bump
Revenue Breakdown － DDIC + Gold Bump 9 Q3’20: 49.3% (QoQ: +10.7%, YoY: +9.1%)
Slide 10: Revenue Breakdown - Application
Revenue Breakdown － Application 10 DDIC & Gold bump Memory & Mixed-signal Content Performance of Q3’20 Smart Mobile 35% TV 18% Computing 12.5% Auto/Industrial 10.5% Consumer 24% Smart phone Wearable UHD/4K TV 8K TV OLED TV NB/Tablet PC / server SSD In-car infotainment ADAS / sensor industrial PC Gam
Slide 11: Q3'20 Financial Results
Q3’20 Financial Results " @, Chipmos
Slide 12: Consolidated Operating Results Summary
Consolidated Operating Results Summary
Slide 13: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Note (1): QoQ: Difference mainly due to the increase of the share of loss of associates accounted for using equity method of NT$51M and partially offset by a decrease of foreign exchange loss of NT$9M. YoY: Difference mainly due to the increase of the
Slide 14: Consolidated Statements of Financial Position & Key Indices
Consolidated Statements of Financial Position & Key Indices Selected Items from Consolidated Statements of Financial Position Q3'20 Q2'20 Q3'19 4Q16 1Q16 1Q16 (NT$ Millions) Amount % Amount % Amount % Amount % Amount % Current Assets 12,317.7 0.36068449147753062 13,161.5 0.36922899968860373 12,382.4
Slide 15: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows Note (1): YoY: Difference mainly due to NT$851M increase of the operating profit, NT$820M decrease of CapEX and partially offset by a NT$436M increase of cash dividend paid. Q1-Q3'20 Q1-Q3'19 (NT$ Millions) Cash and Cash Equivalents at Beginning of Period 4,704.
Slide 16: Capital Expenditures & Depreciation
Capital Expenditures & Depreciation CapEX: NT$423.9M Depreciation: NT$1,063.1M
Slide 17: Q4'20 Business Outlook
Q4’20 Business Outlook 7 @, Chipmos
Slide 18: Market & Business Outlook
Semiconductor market continues to grow by new 5G smartphone and consumer launching, and healthy inventory levels Demand remains strong, with capacity adds and test ASP increases Memory DRAM: Continued momentum from Q3’20 Flash: Bolstered by gaming demand and new consumer launches DDIC Mid/Large pane
Slide 19: Q&A
Q&A https://www.chipmos.com