Macronix International Co., Ltd. · TWSE:2337
Macronix International — Q2 2002 Earnings Presentation
14 slides from Macronix International's earnings presentation, Jul 30, 2002
Slide 1: Macronix International Co., Ltd. 2002 Q2 Investor Conference
Macronix International Co., Ltd. 2002 Q2 Investor Conference 30 July 2002 Integrated Solutions Provider
Slide 2: Safe Harbor Statement
Safe Harbor Statement These presentations and discussions contain certain forward-looking statements with respect to the results of operation, financial condition and current expectation. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depen
Slide 3: Agenda
Agenda n Welcome n Miin Wu n 2Q’02 Financial Results n Paul Yeh n Remarks n Miin Wu n Q&A n Miin Wu Integrated Solutions Provider 3
Slide 4: Financial Result - Income Statement
Financial Result - Income Statement NT$M : except EPS Change Change 2002/Q2 2002/Q1 2001/Q2 QoQ YoY Better(Worse)% Net Sales Revenue 3,906 2,832 5,117 38% (24%) Gross Profit (187) (239) 2,554 22% - Gross Margin% (5%) (8%) 50% Operating Expenses (1,438) (1,278) (1,380) (13%) (4%) Operating Income (1,
Slide 5: Sales Breakdown by Product
Sales Breakdown by Product NT$M MROM FLASH M.M. EPROM SOC OTHER 4,000 1% 7% % 3,500 Rate 38 4% th Grow 3,000 16% 2% Change 2,500 12% QoQ 6% SOC (17%) 28% 2,000 13% EPROM (15%) M.M. 80% 1,500 17% FLASH 118% MROM 19% 1,000 44% 50% 500 0 2002Q1 2002Q2 Integrated Solutions Provider 5
Slide 6: Quantity Breakdown by Product
Quantity Breakdown by Product Unit : Thousand EA MROM FLASH M.M. EPROM SOC 80,000 7% 3% 70,000 Rate 5 wth 9% Change Gro 60,000 13% QoQ SOC 109% 50,000 4% 13% EPROM 13% 40,000 31% 10% M.M. 103% 30,000 25% FLASH 88% MROM 29% 20,000 40% 10,000 48% 0 2002Q1 2002Q2 Excluding wafer-based sales in SOC&M.M.
Slide 7: Sales Breakdown by Customers' Origin
Sales Breakdown by Customers’ Origin NT$M Janpan Asia US Europe 4,000 9% 3,500 23% Change 3,000 QoQ 9% 2,500 EUROPE 33% 14% 28% US 130% 2,000 28% ASIA 40% 1,500 JAPAN 13% 1,000 40% 500 49% 0 2002Q1 2002Q2 Integrated Solutions Provider 7
Slide 8: Sales Breakdown by Technology
Sales Breakdown by Technology 0.4 m 0.4 m 16% 11% 0.18 m 0.18 m 1% 3% 0.32 m 53% 0.32 m 47% 0.25 m 0.25 m 36% 33% 2002 2002 Q1 Q1 2002 2002 Q2 Q2 NT$2,832M NT$3,905M Integrated Solutions Provider 8
Slide 9: Sales Breakdown by Application
Sales Breakdown by Application Computer Communication Computer Communication 21% 16% 23% 13% Consumer Consumer 63% 64% 2002 2002 Q1 Q1 2002 2002 Q2 Q2 NT$2,832M NT$3,905M Integrated Solutions Provider 9
Slide 10: 8" Equivalent Wafer Out & Utilization Rate
8” Equivalent Wafer Out & Utilization Rate WF OUTPUT_ PC 200,000 105% 120% 105% 105% 180,000 101% 87% 88% 100% 160,000 76% 140,000 70% 80% 120,000 64% 100,000 60% 80,000 50% 40% 60,000 40,000 20% 20,000 0 0% 2000Q1 2000Q2 2000Q3 2000Q4 2001Q1 2001Q2 2001Q3 2001Q4 2002Q1 2002Q2 Process Capacity Wafer
Slide 11: Balance Sheet Highlight
Balance Sheet Highlight NT$M Change Change QoQ YoY 30/06/02 31/03/02 30/06/01 Better(Worse)% Cash 11,481 15,242 12,364 (25%) (7%) Inventory(Net) 4,851 6,897 7,375 (30%) (34%) Total Assets 68,459 73,371 70,607 (7%) (3%) Long Term Liability 20,307 24,710 15,946 (18%) 27% Total Liabilities 33,817 33,09
Slide 12: Inventory Trend
Inventory Trend NT$M 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2000Q4 2001Q1 2001Q2 2001Q3 2001Q4 2002Q1 2002Q2 Integrated Solutions Provider 12
Slide 13: Cash Flow Highlight
Cash Flow Highlight Change Change NT$M QoQ YoY 2002/Q2 2002/Q1 2001/Q2 Better(Worse)% Net Income (4,464) (2,720) 535 (64%) Depreciation & Amorization 2,157 2,131 1,971 1% 9% Net Cash Provided by Operating Activities 667 (181) 1,466 - (55%) Additions to long-term investments (554) (35) (367) (1,482%)
Slide 14: For more information regarding MXIC
For more information regarding MXIC www.macronix.com For all inquiries, suggestions, and comments ir@mxic.com.tw Integrated Solutions Provider
Macronix International — Q2 2002 Earnings Presentation on 6ix