Topco Scientific Co., Ltd. · TWSE:5434
Topco Scientific — Q4 2024 Earnings Presentation
22 slides from Topco Scientific's earnings presentation, Mar 13, 2025
Slide 1: 2024 Q4 Investor Meeting
2024 Q4 INVESTOR MEETING Chairman：Mr. Jeffery Pan Senior CEO：Mr. Dennis Chen Spokesperson：Ms. Della Huang / Senior Vice President TSE Ticker : 5434 TT March 13, 2025 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice • These forward-looking statements, which may include statements regarding Topco’s future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on Topco’s current expectations. • Actual results may differ
Slide 3: Company Profile
Company Profile Diligence, Professionalism, Sharing the Success • Founded：February 17th, 1990 • Headquarters：Taipei, Taiwan • IPO：2003 3
Slide 4: Agenda
Agenda • Welcome Address • Business Reports • Q&A 4
Slide 5: Business Reports
WITSS Business Reports
Slide 6: Executive Summary
Executive Summary Q4 2024: Revenue, Net Income, Net Income Attributed to Parent Company Shareholders, and EPS Show Double-Digit YoY Growth • Revenue: NT$15.91 billion, up 30% YoY, setting a new single-quarter record. • Net Income Attributed to Parent Company Shareholders: 920 million, up 45.8%. • Ea
Slide 7: Quarterly Revenue
Quarterly Revenue Quarterly Consolidated Sales In Million NTD 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Q4 2024 Revenue: NT$15.91 billion, up 3.5% QoQ and 30% YoY, setting a new single-quarter high. 7
Slide 8: Q4 2024 Consolidated Income Statement
Q4 2024 Consolidated Income Statement Quarter/Year 4Q 24 3Q 24 4Q 23 QoQ YoY Operating Revenue 15,907,231 15,366,525 12,233,421 3.5% 30.0% Gross Profit 2,058,092 2,050,971 1,589,785 0.3% 29.5% Operating Income 959,030 1,108,199 806,554 -13.5% 18.9% Pre-tax Income 1,167,924 1,252,826 907,989 -6.8% 28
Slide 9: 2024 Consolidated Income Statement
2024 Consolidated Income Statement Year 2024 2023 YoY Operating Revenue 56,997,113 49,273,455 15.7% Gross Profit 7,722,225 6,406,778 20.5% Operating Income 3,943,393 3,198,199 23.3% Pre-tax Income 4,729,456 3,880,468 21.9% Net Income Attributed to Shareholders of the Parent Company 3,655,935 2,835,0
Slide 10: 2024 Q4 Earnings Per Share
2024 Q4 Earnings Per Share Quarterly EPS 6 5.41 4.96 4.92 4.93 4.84 5 4.25 4.11 4.07 4 3.63 3.69 3.38 3.48 3.36 3.26 3.11 2.99 2.87 3.02 3 2.51 2.5 2 1 0 Q4 2024 reached NT$4.84, a new high for the same period, up 44.5% YoY. 10
Slide 11: 2024 Earnings Per Share
2024 Earnings Per Share Earnings Per Share NT$ EPS 20 19.29 16 16.61 15.36 12.63 12 11.38 9.48 8 7.73 7.25 5.44 5.89 5.98 5.4 5.22 4 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Earnings per Share (EPS) for 2024: NT$19.29, up 25.6% YoY, setting a new record. 11
Slide 12: Profitability Ratios
Profitability Ratios Profitability 16 14 12 10 2024: Gross Margin, 8 Operating Profit Margin, and Net Profit Margin 6 setting a new record 4 2 0 Unit：% 2016 2017 2018 2019 2020 2021 2022 2023 2024 毛利率 Gross Margin 12.9 12.35 11.79 12.36 11.9 12.22 12.32 13 13.55 營業費用率 Operating Expense Ratio 6.88 7.
Slide 13: Product Revenue Analysis and Breakdown
Product Revenue Analysis and Breakdown NT $ million 60,000 55,000 50,000 Others 其他 45,000 40,000 35,000 Green Energy 綠色能源 30,000 Optoelectronic 光電相關產品 25,000 Products 20,000 Environmental 環保工程 15,000 Engineering 10,000 5,000 Semiconductor 半導體相關 Products 0 2018 2019 2020 2021 2022 2023 2024 Semicondu
Slide 14: Dividend Policy
Dividend Policy Dividend Policy 現金股利Cash Dividend 現金股利發放率 Payout Ratio 14 80 68.97 68.01 68.56 66.67 66.21 70.23 68.57 70.3 69.68 12 68.97 70 12 65.1 60.2 10 10 62.21 60 10 8.8 8 50 8 40 6.5 6 5 5.3 30 4.2 4 3.6 3.9 3.58 3.7 20 2 10 0 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 202
Slide 15: Return on Equity
Return on Equity ROE ROE % 24.46 25 21.98 20.53 20.48 19.94 19.51 18.95 20 16.81 16.62 17.09 15.73 15.82 15 14.28 10 5 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Return on Equity (ROE) = Net Income / Shareholders' Equity 15
Slide 16: Recent Key Events
Recent Key Events 2025.03. TOPCO USA Established a Small-Scale Quartz QC Laboratory. Thailand Office was Established. 2024.10. TOPCO SCIENTIFIC KOREA CO.,LTD. was established. 2024.10. Partnered with SCIVAX to Target Sensor Market, Showcasing LiDAR at TAITRONICS & AIoT Taiwan 2024. 2024.09. Highligh
Slide 17: Service Location
Service Location 2024.10. TOPCO SCIENTIFIC KOREA CO.,LTD. Established 2024.7. Dallas Office Established ▌Southeast Asia ▌East Asia ▌America Singapore Taiwan Taipei‧Hsinchu‧Taichung‧Tainan‧ Japan Tokyo·Kumamoto U.S.A. Vietnam Hanoi·Ho Chi Minh Kaohsiung‧Yilan Phoenix Korea Seoul Malaysia Penang China
Slide 18: SEMICON Japan 2024
SEMICON Japan 2024 Topco Gathered 6 Taiwanese and U.S. Companies to Showcase Supply Chain Strength ◆ Electronics and semiconductor packaging materials manufacturer─ Indium Corporation ◆ Facilities engineering and precision component integration manufacturer─ Chenfull International Co. Ltd (TAIEX: 83
Slide 19: 2025 EXPO
2025 EXPO SEMICON SEMICON SEMICON SEMICON SEMICON China SEA Taiwan WEST Japan March 26-28, 2025 May 20-22, 2025 SEP 10-12, 2025 October 7–9, 2025 DEC 17-19, 2025 #E7-7601, #B2201, HALL E1, TaiNEX 1, Taipei, Phoenix Tokyo Big Sight, Shanghai New Sands Expo & Taiwan Convention Japan International Expo
Slide 20: Accomplishments
Accomplishments Excellence in CSR – Top 100 Sustainability Model Award Top 100 Carbon Competitiveness 10th Place in the Large Enterprise Corporate Health Talent Sustainability Award– Service Industry Responsibility Award 2nd Place APSAA Asia-Pacific Sustainability TSAATaiwan Sustainability TCSA ESG
Slide 21: Group Vision
Group Vision Hi-Tech ◆ Growing demand for AI and HPC, along with recovery in consumer electronics market, is driving advanced process requirements in wafer foundries and expanding CoWoS capacity—set to further boost the semiconductor market. ◆ In response to the global supply chain diversification,
Slide 22: Thank You
WIss Thank You