Nuvoton Technology Corporation · TWSE:4919
Nuvoton Technology — Q4 2021 Earnings Presentation
18 slides from Nuvoton Technology's earnings presentation, Feb 11, 2022
Slide 1: Nuvoton Technology Corporation 4Q'21 Investor Conference
Nuvoton Technology Corporation 4Q’21 Investor Conference February 11, 2022 1
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 4Q’21 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 4Q’21 3Q’21 QoQ Y2021 Unit: NT$ M Amount % Amount % Amount % Amount % Net Revenue 10,389 100 10,380 100 9 0 41,456 100 Gross Profit 4,328 42 4,266 41 62 1 16,856 41 Operating Income 1,214 12 817 8 397 4 3,327 8 Non-Operating Income 1 0 17 0 (16) 0 218
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated Dec 31 ’21 Sep 30 ’21 Dec 31 ’20 Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 9,699 28 6,370 20 5,882 18 Accounts Receivable 4,171 12 4,775 15 4,246 13 Other Receivable 931 3 895 3 1,710 5 Inventories 6,859 20 6,776 21 6,250 20 Long-Term Investments 2,7
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 4Q’21 3Q’21 4Q’20 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities 2,162 822 614 Cash Flows from Investing Activities (265) (170) (196) Cash Flows from Financing Activities 1,564 (474) 1,690 Cash & Cash Equivalents 9,699 6,370 5,882 7
Slide 8: Revenue and GM Trend - Consolidated
Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 15,000 50.0% 41.2% 40.9% 41.1% 41.7% 39.6% 38.9% 36.9% 35.8% 40.0% 10,615 10,380 10,389 9,869 10,072 10,000 Revenue 30.0% Gross Profit GM% 5,605 20.0% 5,000 4,342 4,266 4,328 3,534 3,920 3,061 2133 2,066 10.0% 844 1,262 0
Slide 9: Nuvoton 4Q'21 Business Update
Nuvoton 4Q’21 Business Update 9
Slide 10: 4Q'21 Revenue by 4C Applications
4Q’21 Revenue by 4C Applications Automotive& 4Q’21 BMC BM-IC 16% Industrial 3Q’21 EC HMI 18% MCU IC Card Computer Super IO MCU 39% 37% TPM 22% 23% 22% Audio IC HDMI IC MCU 23% Consumer MCU MOSFET Communication 10 Note: NTC Foundry revenue was not included in the numbers .
Slide 11: Overall Highlight
Overall Highlight Strong market demand from Industrial Control, Energy, IoT and 5G infrastructure The short of foundry wafer supply is still the key factor to fulfill the market demand The integration between Nuvoton and NTCJ, such as sales channels, RD resources and back office support and so
Slide 12: Nuvoton 4Q'21 Business Update (1)
Nuvoton 4Q’21 Business Update (1) Automotive & Industrial (1) Mass production of 3rd generation automotive BMIC and 4th generation BMIC is under evaluation by leading customers Provided engineering sample of new TOF image sensor with the advanced long range 3D sensing system for AMR and human mo
Slide 13: Nuvoton 4Q'21 Business Update (2)
Nuvoton 4Q’21 Business Update (2) Automotive & Industrial (2) Development of high processing power MPU by Arm® Cortex®-A35 core for IoT Edge Gateway applications Development of Arm Cortex-M4 based high-performance M460 MCU series targeted on the industrial control and the new emerging applicatio
Slide 14: Nuvoton 4Q'21 Business Update (3)
Nuvoton 4Q’21 Business Update (3) Communication Released CSP MOSFET with higher VGS for quick charging smartphone with 2-cell battery Submitted engineering samples of high performance RF-GaN power amplifier module for Local 5G small cell base transceiver station to EMS customers Development of
Slide 15: Nuvoton 4Q'21 Business Update (4)
Nuvoton 4Q’21 Business Update (4) Consumer Mass production of the 12nm Fin-FET based large scale SOC for SLR Camera Launched new inverter control MCU based on Nuvoton Original Core(32bit KM103) with 64pin, 120MHz performance, 512k bytes instruction memory and safety functions for home electric t
Slide 16: Nuvoton 4Q'21 Business Update (5)
Nuvoton 4Q’21 Business Update (5) Computer Healthy growth on BMC products for both Enterprise and Hyperscale Data Centers Development of high performance next-generation BMC is on schedule Solid demand from both commercial laptop and desktop (Office Re-open) New SIO/EC product released for c
Slide 17: Nuvoton 4Q'21 Business Update (6)
Nuvoton 4Q’21 Business Update (6) 6” - Fab Foundry Strong demand continues on Power Management IC process Production ramp-up on new generation BCD process for DC/DC application Product/Process verification of new customers on half bridge HVIC process for HV motor driver application 17
Slide 18: Questions & Answers
Questions & Answers Company website Nuvoton: www.nuvoton.com 18