Mitac Holdings Corp. · TWSE:3706
Mitac — Q1 2021 Earnings Presentation
12 slides from Mitac's earnings presentation, May 21, 2021
Slide 1: Mitac Holdings Corporation Online Investor Conference
MITAC HOLDINGS CORPORATION Online Investor Conference May 21st , 2021
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 MCT: Mitac Computing Technology Corp. MDT
Slide 4: Financials
Financials 2, MiTAC MITAC HOLDINGS col
Slide 5: 2021 1Q Products Profile (Consolidate)
2021 1Q Products Profile (Consolidate) BU Amount % MDT 9.6% MIC 7.6% MCT 9,464 82.8% MDT 1,095 9.6% MIC 869 7.6% Total 11,428 100% MCT 82.8% Unit: NT$ Million MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. MIC: MiTAC International Corp. 5
Slide 6: Income Statement
Income Statement Unit: NT$ Million Item 2019 2020 YOY(%) 2020Q1 2021Q1 QoQ (%) Operating Revenues 35,832 41,146 15% 8,684 11,428 32% Gross Profit 5,190 4,625 (11%) 1,153 1,046 (9%) Gross Profit % 14.48% 11.24% 13.28% 9.15% Operation Expense 4,689 4,551 (3%) 1,170 1,067 (9%) Operation Expense % 13% 1
Slide 7: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$ Million GP% % 36% 22% 4,000 14% 14% 13% -16% -15% 3,500 12% 12% 11% 3,000 11,852 11,428 9% 10% 10,584 10,026 2,500 9% 3,540 8% 8,684 2,000 6% 1,500 1,231 4% 1,000 1,153 1,299 1,046 941 2% 500 0 0% 2020Q1 2020Q2 2020Q3 2020Q4 2
Slide 8: Balance Sheet
Balance Sheet Unit: NT$ Million Item 2019.12.31 2020.12.31 2021.03.31 Cash and Cash Equivalents 6,665 5,805 6,344 Current Assets 23,189 21,982 25,377 Long-term Investments 22,132 25,137 25,845 Property, Plant and Equipment 7,811 7,753 7,740 Total Assets 55,410 57,172 61,247 Current Liabilities 14,10
Slide 9: Operating Performance Analysis
Operating Performance Analysis Receivables Turnover(Days) Inventory Turnover (Days) 99 97 81 61 53 47 2019 2020 2021Q1 2019 2020 2021Q1 Payable Turnover (Days) Cash Turnover (Days) 93 88 67 63 69 59 2019 2020 2021Q1 2019 2020 2021Q1 9
Slide 10: Cloud and Edge Computing Business
Cloud and Edge Computing Public Cloud Business 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 10
Slide 11: Automotive and A-IoT
Automotive and A-IoT Automotive Dashcam / PND ADAS Navigation Solution Outdoor Recreation A-IoT Connected Dashcam Smart City Professionals Industrial Tablet Industrial Handy Terminal Fleet Management Solution Device Management Platform 11
Slide 12: 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