Slide 1: Nuvoton Technology Corporation 2Q'23 Investor Conference
Nuvoton Technology Corporation 2Q’23 Investor Conference Aug 4, 2023 1
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 2Q’23 Business Update Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Toy of innovation Pa UVvoTOon Nuvoton Financial Results
Slide 5: Statement of Comprehensive Income - Consolidated
Statement of Comprehensive Income - Consolidated 2Q’23 1Q’23 Unit: NT$ M Amount % Amount % Net Revenue 8,953 100 8,956 100 Gross Profit 3,622 40 3,611 40 Operating Income 458 5 368 4 Non-Operating Income 122 2 365 4 Income before Income Tax 580 7 733 8 Net Income 443 5 672 7 EPS (NTD) 1.05 1.6
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated June 30 ’23 March 31 ’23 December 31 ’22 Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 9,035 25 9,299 25 10,398 28 Accounts Receivable 4,567 13 4,730 13 4,379 12 Other Receivable 829 2 721 2 424 1 Inventories 8,431 24 8,797 24 8,459 23 Long-Term Investme
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 2Q’23 1Q’23 4Q’22 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities (166) (775) (162) Cash Flows from Investing Activities (264) (172) (742) Cash Flows from Financing Activities 315 (17) 881 Cash & Cash Equivalents 9,035 9,299 10,398 7
Slide 8: Revenue and GM Trend - Consolidated
Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 15,000 50% 44% 41% 41% 42% 42% 41% 40% 40% 40% 11,180 40% 10,615 10,380 10,389 10,722 10,400 10,000 9,569 8,956 8,953 30% 20% 5,000 4,342 4,266 4,328 4,702 4,689 4,287 3,816 3,611 3,622 10% 0 0% 2Q'21 3Q'21 4Q'21 1Q'22 2Q'
Slide 9: Nuvoton 2Q'23 Business Update
Nuvoton 2Q’23 Business Update 9
Slide 10: 2Q'23 Revenue by 4C Applications
2Q’23 Revenue by 4C Applications Automotive& 2Q’23 BMC BM-IC 16% Industrial EC HMI 1Q’23 15% MCU IC Card Computer Super IO MCU TPM 48% 50% 18% 18% Communication & 17% Audio IC Others HDMI IC MCU 18% MCU Consumer MOSFET 10 Note: Foundry revenue was not included in the numbers .
Slide 11: Overall Highlight
Overall Highlight Market still requires some time to recover as the macroeconomic uncertainties and soft end market demand remained While we observed that channel inventory is moving towards normal levels, our customers remain cautious and conservative in placing orders and controlling their inven
Slide 12: Nuvoton 2Q'23 Business Update (1)
Nuvoton 2Q’23 Business Update (1) Automotive & Industrial Mass production of HMI and TOF sensor for HUD and face recognition to new automotive customer in China Design-in of digital power control MCU with high efficiency for EV charger to Japanese customer Launched a new heterogeneous multi-core
Slide 13: Nuvoton 2Q'23 Business Update (2)
Nuvoton 2Q’23 Business Update (2) Communication Mass production of CSP MOSFET for battery protection to XR Glasses Computer Design-win of the USB4 Re-Timer for note book customer in Taiwan 13
Slide 14: Nuvoton 2Q'23 Business Update (3)
Nuvoton 2Q’23 Business Update (3) Consumer Design-in of TOF sensor with low power consumption for AMR obstacle avoidance to new USA customer Design-in of the motor control MCU for the heating & cooling heat pump 14
Slide 15: Questions & Answers
Questions & Answers Nuvoton Company Website: www.nuvoton.com 15