Faraday Technology Corp. · TWSE:3035
Faraday Technology — Q4 2021 Earnings Presentation
17 slides from Faraday Technology's earnings presentation, Feb 22, 2022
Slide 1: 2021 4Q Investor Conference
2021 4Q Investor Conference February 22, 2022 Confidential
Slide 2: Agenda
Agenda • 4Q21 Financial Results • Business Update Confidential 2
Slide 3: 4Q21 Financial Results
4Q21 Financial Results 3
Slide 4: Statements of Comprehensive Income
Statements of Comprehensive Income Unit: NT$ Million 4Q21 3Q21 4Q20 QoQ % YoY % Revenues 2,645 2,218 1,430 19.2% 84.9% IP 267 266 214 0.3% 24.8% NRE 367 306 253 20.1% 45.3% MP 2,011 1,646 963 22.2% 108.7% Gross Profit 1,358 1,144 669 18.7% 103% Operating Expenses (765) (695) (645) 10.0% 18.7% Operat
Slide 5: Statements of Comprehensive Income
Statements of Comprehensive Income Unit: NT$ Million 2021 2020 YoY % Revenues 8,085 5,495 47.1% IP 1,062 838 26.6% NRE 1,410 1,065 32.4% MP 5,613 3,592 56.3% Gross Profit 4,090 2,600 57.3% Operating Expenses (2,688) (2,451) 9.7% Operating Income 1,402 149 840.3% Non-operating Items 100 164 -39.0% In
Slide 6: Condensed Balance Sheet
Condensed Balance Sheet Unit: NT$ Million 2021/12/31 2021/09/30 Cash and Cash Equivalents 4,763 4,279 Notes and Accounts Receivable 939 787 Inventories 1,321 1,005 Total Assets 12,036 10,929 Notes and Accounts Payable 1,372 1,136 Current Liabilities 3,506 2,979 Total Liabilities 3,881 3,381 Stockhol
Slide 7: Business Update
Business Update 7
Slide 8: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method NT$ M 3,000 2,500 2,000 1,500 1,000 500 0 4Q20 4Q20 1Q21 2Q21 3Q21 3Q21 4Q21 4Q21 IP 214 268 261 266 267 NRE 253 343 393 306 367 MP 963 924 1,034 1,646 2,011 Total 1,430 1,535 1,688 2,218 2,645 Confidential 8
Slide 9: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method NT$ M 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 IP 871 782 882 838 1,062 NRE 623 1,292 1,369 1,065 1,410 MP 3,849 2,831 3,055 3,592 5,613 Total 5,343 4,905 5,306 5,495 8,085 Confidential 9
Slide 10: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method 100% 12% 10% 15% 17% 16% 90% 14% 80% 14% 18% 22% 23% 70% 60% 50% 40% 74% 76% 67% 30% 61% 61% 20% 10% 0% 4Q20 1Q21 2Q21 3Q21 4Q21 MP NRE IP Confidential 10
Slide 11: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method 100% 16% 16% 15% 13% 90% 17% 80% 17% 12% 20% 70% 26% 26% 60% 50% 40% 72% 70% 65% 30% 58% 57% 20% 10% 0% 2017 2018 2019 2020 2021 MP NRE IP Confidential 11
Slide 12: NRE/MP Breakdown by Application
NRE/MP Breakdown by Application NRE MP 100% 100% 11% 9% 11% 15% 90% 19% 90% 24% 28% 25% 20% 80% 35% 80% 23% 26% 15% 70% 41% 23% 70% 12% 14% 60% 27% 60% 25% 31% 40% 16% 24% 50% 50% 24% 40% 40% 32% 30% 29% 33% 30% 56% 56% 27% 33% 47% 34% 20% 20% 34% 10% 10% 18% 16% 16% 14% 11% 6% 0% 0% 4Q20 1Q21 2Q21
Slide 13: NRE/MP Breakdown by Application
NRE/MP Breakdown by Application NRE MP 100% 2% 100% 4% 2% 1% 9% 6% 11% 13% 90% 5% 90% 22% 14% 26% 17% 22% 23% 12% 80% 80% 22% 3% 34% 26% 15% 70% 6% 70% 30% 60% 60% 32% 33% 22% 16% 35% 50% 53% 50% 22% 37% 40% 40% 30% 34% 28% 30% 26% 30% 33% 49% 20% 39% 20% 40% 26% 27% 24% 10% 18% 21% 10% 19% 11% 0% 0
Slide 14: NRE/MP Breakdown by Technology
NRE/MP Breakdown by Technology NRE MP 100% 2% 3% 3% 1% 2% 100% 1% 1% 5% 3% 6% 8% 2% 10% 6% 90% 90% 10% 24% 26% 30% 26% 16% 33% 80% 14% 80% 26% 70% 70% 48% 19% 29% 60% 60% 40% 39% 50% 50% 47% 41% 43% 40% 40% 77% 65% 30% 30% 57% 54% 20% 43% 20% 30% 30% 25% 21% 10% 10% 20% 0% 0% 2% 3% 2% 3% 4% 4Q20 1Q2
Slide 15: NRE/MP Breakdown by Technology
NRE/MP Breakdown by Technology NRE MP 100% 2% 100% 6% 8% 4% 4% 5% 4% 6% 6% 10% 90% 90% 11% 9% 8% 14% 27% 80% 18% 80% 23% 43% 70% 70% 51% 34% 56% 61% 38% 41% 60% 60% 50% 50% 43% 13% 59% 40% 40% 30% 63% 30% 30% 50% 19% 44% 44% 23% 20% 20% 38% 25% 10% 10% 13% 13% 13% 10% 0% 0% 4% 2% 2% 3% 2017 2018 201
Slide 16: Confidential information; Legal notice
• Confidential information The material is being disclosed to you pursuant to a non-disclosure agreement between you or your employer and Faraday. Information disclosed in this presentation may be used only as permitted under such an agreement. • Legal notice The information contained in this presen
Slide 17: www.faraday-tech.com ir@faraday-tech.com
www.faraday-tech.com ir@faraday-tech.com 17