Chipmos Technologies, Inc. · TWSE:8150
Chipmos Technologies — Q2 2020 Earnings Presentation
19 slides from Chipmos Technologies's earnings presentation, Aug 11, 2020
Slide 1: Q2'20 Results Conference
August 2020 Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services Q2’20 Results Conference Exhibit 99.2
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, amon
Slide 3: Agenda
Agenda Welcome Q2’20 Operating Results S.J. Cheng Q2’20 Financial Results Silvia Su Q3’20 Business Outlook S.J. Cheng Q&A
Slide 4: Q2'20 Operating Results
Q2’20 Operating Results 4 @, Chipmos
Slide 5: Revenue & Gross Margin
Revenue: NT$5,428.1M (QoQ -2.8%, YoY +10.7%) H1’20: YoY +17.6% Gross Margin: 20.7% (QoQ: -2.0ppts, YoY: + 3.6ppts) OpEX: 7.3% Revenue & Gross Margin 5
Slide 6: Utilization Rate
Utilization Rate 6 Q2’20: 81% Q1’20: 77% Q2’19: 69% Q2’20: 76% Q1’20: 81% Q2’19: 75% Q2’20: 71% Q1’20: 83% Q2’19: 70% Q2’20: 74% Q1’20: 75% Q2’19: 81% Q2’20: 76% Q1’20: 79% Q2’19: 75%
Slide 7: Q2'20 Revenue Breakdown
Q2’20 Revenue Breakdown Product Segment Manufacturing Site
Slide 8: Revenue Breakdown - Memory
Revenue Breakdown － Memory 8 Q2’20: 42.2% (QoQ: -2.7%, YoY: +24.7%)
Slide 9: Revenue Breakdown - DDIC + Gold Bump
Revenue Breakdown － DDIC + Gold Bump 9 Q2’20: 46.8% (QoQ: -4.0%, YoY: +0.6%)
Slide 10: Revenue Breakdown - Application
Revenue Breakdown － Application 10 DDIC & Gold bump Memory & Mixed-signal Smart Mobile 34.5% TV 20% Computing 13% Auto/Industrial 10.5% Consumer 22% Smart phone Tablet Wearable Content Performance of Q2’20 UHD/4K TV 8K TV OLED TV PC / server SSD In-car infotainment ADAS / sensor industrial PC Game S
Slide 11: Q2'20 Financial Results
Q2’20 Financial Results " @, Chipmos
Slide 12: Consolidated Operating Results Summary
Consolidated Operating Results Summary Q2'20 Q1'20 Q2'19 (NT$ Millions) Revenue 5,428.1 5,586.8 4,905.3 Profit Attributable to the Company 544.9 712.7 1,274.5999999999999 EPS Attributable to the Company - Basic (NT$) 0.75 0.98 1.75 Earnings per ADS equivalent - Basic (US$)(1) 0.51 0.67 1.19 Deprecia
Slide 13: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Selected Items from Consolidated Statements of Comprehensive Income Q2'20 Q1'20 QoQ Q2'19 YoY (NT$ Millions) Revenue 5,428.1 5,586.8 -2.8% 4,905.3 0.10657859865859387 Gross Profit 1,124.5 1,270.7 -0.11505469426300463 838.3 0.34140522485983538 Gross Mar
Slide 14: Consolidated Statements of Financial Position & Key Indices
Consolidated Statements of Financial Position & Key Indices Selected Items from Consolidated Statements of Financial Position Q2'20 Q1'20 Q2'19 4Q16 1Q16 1Q16 (NT$ Millions) Amount % Amount % Amount % Amount % Amount % Current Assets 13,161.5 0.36922899968860373 15,543.1 0.40652454222801115 12,392.3
Slide 15: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows H1'20 H1'19 (NT$ Millions) Cash and Cash Equivalents at Beginning of Period 4,704.1000000000004 4,642.5 Net Cash Generated from(used in) Operating Activities 2,777.7 2,440.8000000000002 Net Cash Generated from(used in) Investing Activities -2,036 -1,354.1 Net Ca
Slide 16: Capital Expenditures & Depreciation
Capital Expenditures & Depreciation CapEX: NT$811.4M Depreciation: NT$1,047.7M
Slide 17: Q3'20 Business Outlook
Q3’20 Business Outlook 7 @, Chipmos
Slide 18: Market & Business Outlook
Remain cautious given uncertain market situation for COVID-19 Memory DRAM: Cloud storage demand remains stable for commodity DRAM, with smartphone weakness impacting Niche DRAM Flash NOR: Helped by 5G and increasing gaming demand NAND: Impacted by weaker demand consumer grade and lower wafer supply
Slide 19: Q&A
Q&A https://www.chipmos.com