United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q3 2024 Earnings Presentation
14 slides from United Microelectronics's earnings presentation, Oct 30, 2024
Slide 1: UMC 3Q24 Financial Review
UMC 3Q24 Financial Review October 30, 2024
Slide 2: Note Concerning Forward-Looking Statements
NOTE CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as defined in the United S
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2024 2024 2023 3Q / Sep. 2Q / Jun. 3Q / Sep. Operating Revenues 60,485 56,799 57,069 Net Income Attributable to 14,472 13,786 15,971 Shareholders of the Parent EPS (NTD) 1.16 1.11 1.29 Cash and Cash Equivalents 103,407 121,234 140,642 Total Assets 574,292 586,96
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 3Q24 % 2Q24 % Change % Operating Revenues 60,485 100.0 56,799 100.0 6.5 Gross Profit 20,429 33.8 19,983 35.2 2.2 Operating Expenses (6,559) (10.8) (6,311) (11.1) 3.9 Net Other Operating Income and Expenses 230 0.3 219 0.4 4.8 Operating Income 14,1
Slide 5: Statements of Comprehensive Income - YoY: 9 Months
Statements of Comprehensive Income - YoY: 9 Months Unit: NT$ M 2024 2023 Change % % Jan.~Sep. Jan.~Sep. % Operating Revenues 171,916 100.0 167,575 100.0 2.6 Gross Profit 57,311 33.3 59,938 35.8 (4.4) Operating Expenses (18,617) (10.8) (17,221) (10.3) 8.1 Net Other Operating Income and Expenses 962 0
Slide 6: Balance Sheet Highlight – Sep. 30, 2024
Balance Sheet Highlight – Sep. 30, 2024 Unit: NT$ M Cash and Cash Equivalents 103,407 Funds and Investments 76,693 Property, Plant and Equipment 276,445 Total Assets 574,292 Current Liabilities 88,274 Long-term Credit / Bonds 58,134 Total Equity 368,491 UMC © 2024 6
Slide 7: ASP Trend: 12” Wafer Equivalent
Foundry ASP Trend : 12” Wafer Equivalent Unit: USD 2,000 1,000 0 3Q23 4Q23 1Q24 2Q24 3Q24 UMC © 2024 7
Slide 8: Segment Sales Breakdown by Geography
Foundry Segment Sales Breakdown by Geography 3Q24 2Q24 Europe Japan Europe Japan 5% 4% 7% 4% North North America America 26% 25% Asia Asia 65% 64% UMC © 2024 8
Slide 9: Segment Sales Breakdown by Customer Type
Foundry Segment Sales Breakdown by Customer Type 3Q24 2Q24 IDM IDM 15% 13% Fabless Fabless 85% 87% UMC © 2024 9
Slide 10: Segment Sales Breakdown by Application
Foundry Segment Sales Breakdown by Application 3Q24 2Q24 Others Others 14% 15% Communication Computer Communication Computer 42% 13% 39% 15% Consumer Consumer 31% 31% UMC © 2024 10
Slide 11: Segment Sales Breakdown by Technology
Foundry Segment Sales Breakdown by Technology 3Q24 2Q24 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 48% 0% 45% 0.25/0.35um 1% 0.25/0.35um 2% 5% 22/28nm 5% 22/28nm 35% 33% 0.15/0.18um 0.15/0.18um 11% 10% 0.11/0.13um 0.11/0.13um 10% 11% 90nm 90nm 10% 12% 40nm 40nm 65nm 13% 65nm 12% 15% 15% UMC © 2024 1
Slide 12: Quarterly Capacity
Quarterly Capacity Unit: in thousands FAB 1Q24 2Q24 3Q24 4Q24E WTK (6") 82 83 83 83 8A (8") 206 207 207 207 8C (8") 119 119 119 119 8D (8") 118 118 118 118 8E (8") 130 131 131 131 8F (8") 144 145 145 145 8S (8") 113 114 114 114 8N (8") 252 254 254 254 12A (12") 358 386 403 409 12i (12") 164 172 172
Slide 13: 2024 Foundry Capital Expenditure Plan
2024 Foundry Capital Expenditure Plan 8" 12" Total 5% 95% 3.0 billion USD UMC © 2024 13
Slide 14: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com
United Microelectronics Corporation (NEW) — Q3 2024 Earnings Presentation on 6ix