Nuvoton Technology Corporation · TWSE:4919
Nuvoton Technology — H1 2019 Earnings Presentation
17 slides from Nuvoton Technology's earnings presentation, Jul 26, 2019
Slide 1: Nuvoton Technology Corporation 1H'19 Investor Conference
Nuvoton Technology Corporation 1H’19 Investor Conference July 26, 2019
Slide 2: 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 3: Agenda
Agenda • Nuvoton Financial Results • Nuvoton 1H’19 Business Results & 2H’19 Business Outlook • Q&A
Slide 4: Nuvoton Financial Results
Nuvoton Financial Results • Nuvoton Consolidated Statement of Comprehensive Income • Nuvoton Consolidated Balance Sheet • Nuvoton Consolidated Statement of Cash Flows • Nuvoton Revenue and GM Trend - Consolidated
Slide 5: Consolidated Statement of Comprehensive Income
Nuvoton Consolidated Statement of Comprehensive Income Selected Items from Statement of Comprehensive Income. 2Q’19 1Q’19 1H’19 1H’18 YoY Unit: NT$ M Amount % Amount % Amount % Amount % Amount % Net Revenue 2,584 100 2,050 100 4,634 100 4,927 100 (293) (6) Gross Profit 1,042 40 792 39 1,834 40 1,897
Slide 6: Consolidated Balance Sheet
Nuvoton Consolidated Balance Sheet Selected Items from Balance Sheet. Jun 30 ’19 Dec 31 ‘18 HoH Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 1,653 24 1,544 25 109 7 Accounts Receivable 1,052 15 997 16 55 6 Other Receivable 194 3 181 3 13 7 Inventories 1,537 23 1,561 26 (24) (2) Lon
Slide 7: Consolidated Statement of Cash Flows
Nuvoton Consolidated Statement of Cash Flows 1H’19 2H’18 HoH Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities 272 545 (273) Cash Flows from Investing Activities (134) (107) (27) Cash Flows from Financing Activities (47) (519) 472 Cash & Cash Equivalents 1,653 1,544 109
Slide 8: Revenue and GM Trend - Consolidated
Nuvoton Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin Rate 3,000 50.0% 44.1% 2,684 2,642 42.4% 42.2% 2,584 41.3% 41.1% 40.6% 41.5% 41.2% 2,471 39.6% 40.2% 39.9% 40.3% 2,500 2,406 2,410 39.4% 39.5% 38.0% 38.3% 38.7% 38.6% 2,296 40.0% 2,223 2,243 2,150 2,105 2,123 2,050
Slide 9: 1H'19 Business Results & 2H'19 Business Outlook
Nuvoton 1H’19 Business Results & 2H’19 Business Outlook • 1H’19 Revenue by Product • 1H’19 Revenue by Application • Nuvoton 1H’19 Business Results • Nuvoton 2H’19 Business Outlook
Slide 10: 1H'19 Revenue by Product
1H’19 Revenue by Product HoH % MCU -1% Non-MCU 1% YoY % MCU 2% Non-MCU -2% Note: Foundry revenue was not included in the numbers .
Slide 11: 1H'19 Revenue by Application
1H’19 Revenue by Application HoH % Computer 2% Consumer 0% Communication & Others -1% Car, Industry & Auto -1% YoY % Computer 4% Consumer -2% Communication & Others -1% Car, Industry & Auto -1% Note: Foundry revenue was not included in the numbers .
Slide 12: 1H'19 Business Results (1)
Nuvoton 1H’19 Business Results (1) 1H’19 YoY : Revenue – 5.9%, Gross Margin + 1.08%, EPS - 0.71 • Key reasons for Revenue YoY Decrease − Influence of trade war between US and China − Market demand slowdown • Key reason for Gross Margin YoY Increase − Product Mix Note: All trademarks and copyrights m
Slide 13: 1H'19 Business Results (2)
Nuvoton 1H’19 Business Results (2) • 1H’19 Main Achievements − Released 7 new series microcontrollers and microprocessors. – MS51/ ML51/M031/M251/ M261/M480/NUC980 to provide a rich portfolio based on 8051, M0, M23, M4 and ARM9 processor core − NuMicro® M2351 Series is the first Arm® Cortex®-M23 bas
Slide 14: 1H'19 Business Results (3)
Nuvoton 1H’19 Business Results (3) • 1H’19 Main Achievements − Shipments of BMC product, supports Intel Purley server platforms, integrating highest performance duo-core Arm® Cortex® A9 processor − Joined the “RunBMC” demonstration at the Open Compute Project (OCP) Summit to provide customers a modu
Slide 15: 2H'19 Business Outlook (1)
Nuvoton 2H’19 Business Outlook(1) • New Products and Developments − NuMicro Arm® Cortex®-M4 based M480 new MCU series for high processing power industry control applications − NuMaker IoT Platform provides integrated solutions including sensors and connectivity modules for gateway and IoT nodes, bas
Slide 16: 2H'19 Business Outlook (2)
Nuvoton 2H’19 Business Outlook(2) • New Foundry Service Processes − Mass production of UHV process − Development of new generation BCD process − Developing new customers of Half bridge HV IC process Note: All trademarks and copyrights mentioned herein are the property of their respective owners.
Slide 17: Questions & Answers
Questions & Answers Company website Nuvoton: www.nuvoton.com