Mitac Holdings Corp. · TWSE:3706
Mitac — Q3 2022 Earnings Presentation
14 slides from Mitac's earnings presentation, Nov 21, 2022
Slide 1: Mitac Holdings Corporation Online Investor Conference
MITAC HOLDINGS CORPORATION Online Investor Conference November 21st , 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 MIC: MiTAC International Corp. MCT: MiTAC
Slide 4: Basic Information
Basic Information History Manufacturing Facilities Established in 2013 Hsinchu Science Park, Taiwan (MIC was established in 1982) Shunde , Guangdong China Kunshan, Jiangsu, China Newark, CA ,U.S.A. Scale Noida, India (Joint Venture) Employees: 7000+ RD & Engineering : 2000+ Major Subsidiaries Capita
Slide 5: Financials
Financials mirc 2 5 MITAC HOLDINGS CORP.
Slide 6: 2022 Q1~Q3 Business Unit Revenue Mix
2022 Q1~Q3 Business Unit Revenue Mix (Consolidate) BU Amount % MIC MDT 8% MCT 27,838 79% 13% MDT 4,675 13% MIC 2,692 8% MCT 79% Total 35,205 100% Unit: NT$ Million MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. MIC: MiTAC International Corp. 6
Slide 7: Brief Income Statement
Brief Income Statement Unit: NT$ Million Item 2020 2021 YOY(%) 2021Q3YTD 20223QYTD YOY(%) Operating Revenues 41,146 42,186 3% 32,754 35,205 7% Gross Profit 4,625 4,362 (6%) 3,195 3,740 17% Gross Profit % 11.24% 10.34% 9.75% 10.62% Operation Expense 4,551 4,320 (5%) 3,223 3,541 10% Operation Expense
Slide 8: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$ Million GP% % 15% 11% 3% 11% 10% 41,146 42,186 35,205 4,625 4,362 3,740 2020 2021 2022Q3YTD 2020 2021 2022Q3YTD Net Income 稅後淨利 EPS NT$ Million 新台幣百萬元 - 每股稅後盈餘 NT$ 新台幣元 6,759 6,897 5.66 5.76 5,202 4.35 2,851 2,746 2.45 2.29 20
Slide 9: Brief Balance Sheet
Brief Balance Sheet Unit: NT$ Million Item 2020.12.31 2021.12.31 2022.09.30 Cash and Cash Equivalents 5,805 6,651 8,096 Current Assets 21,982 27,591 32,079 Long-term Investments 25,173 38,764 43,746 Property, Plant and Equipment 7,753 7,785 7,915 Total Assets 57,172 76,349 86,021 Current Liabilities
Slide 10: Capital Structure and Liquidity Analysis
Capital Structure and Liquidity Analysis 176% 176% 168% 流動比率 Current Ratio 速動比率 Quick Ratio 99% 96% 95% 負債占股權比率 Debt to Equity 51% 45% 34% 34% 31% Debt Ratio 25% 2020 2021 2022Q3
Slide 11: Operating Performance Analysis
Operating Performance Analysis Receivables Turnover(Days) Inventory Turnover (Days) 111 101 84 52 54 47 2020 2021 2022Q3 2020 2021 2022Q3 應付帳款周轉天數 Payable Turnover (Days) Cash Turnover (Days) 95 81 70 73 63 67 11 2020 2021 2022Q3 2020 2021 2022Q3
Slide 12: 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 12
Slide 13: Automotive and A-IoT
Automotive and A-IoT SMART TELEMATICS SMART MOBILITY • Video Telematics • VT (VisionMax) • Fleet Tablet • M Box • • • Smart ADAS Navigation Solution Fleet Management (RTR) MaaS • Dashcam Recorder • Outdoor • Smart ADAS • Motobike Smart Camera • Motobike App (MiVue Pro) • Outdoor App (MioShare) • MiD
Slide 14: Mitac IR Website and 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