Chang Wah Technology Co., Ltd. · TPEX:6548
Chang Wah Technology — Q2 2025 Earnings Presentation
15 slides from Chang Wah Technology's earnings presentation, Jul 30, 2025
Slide 1: 2Q25 Earnings Conference
Oe arity 2 Quarter. ‘, (Earnings Conference. 1 ‘ —_— — ' = i a hit % Pa Se - ShlPET ESS I '} | = 4 . f li —
Slide 2: Forward-looking Statement
Forward-looking Statement Information included in this press release that are not historical in nature are "forward looking statements“. CWTC cautions readers that forward looking statements are based on CWTC’s reasonable knowledge and current expectations and are subject to various risks and uncert
Slide 3: Agenda
Agenda 2Q25 Financial Results 3Q25 Outlook 3
Slide 4: Statements of Comprehensive Income (Quarterly)
Statements of Comprehensive Income (Quarterly) NT$ mn 2Q25** 1Q25 QoQ 2Q24 YoY Revenue 3,249 3,180 2% 2,953 10% Gross Profit 673 704 -4% 743 -9% Operating Profit 363 410 -11% 426 -15% Non-Opersting Items (230) 109 -311% 209 -210% Pretax Income 133 519 -74% 635 -79% Tax Expenses 16 95 -83% 115 -86% N
Slide 5: Revenue by Front-end Process (Quarterly)
Revenue by Front-end process (Quarterly) 2024 2Q 2025 2Q Stamping Etching Stamping 47% 53% 47% Etching 53% * Classified by sales amount (US$) 5
Slide 6: Revenue by Front-end Process (Accumulated)
Revenue by Front-end process (Accumulated) 2024 H1 2025 H1 Stamping Etching Stamping 47% 53% 48% Etching 52% * Classified by sales amount (US$) 6
Slide 7: Revenue by Product (Quarterly)
Revenue by Product (Quarterly) 2025 2Q 2024 2Q EMC EMC LED LED IC 9% IC Discrete 9% 32% Discrete 31% 17% 19% QFN QFP QFN QFP 28% 14% 25% 16% Discrete：small outline transistor, SOT * Classified by sales amount (US$) 7
Slide 8: Revenue by Product (Accumulated)
Revenue by Product (Accumulated) 2025 H1 2024 H1 EMC EMC LED LED 9% 9% IC IC Discrete 32% Discrete 32% 17% 19% QFN QFP QFN QFP 28% 14% 25% 15% Discrete：small outline transistor, SOT * Classified by sales amount (US$) 8
Slide 9: Revenue by Application (Quarterly)
Revenue by Application (Quarterly) 2025 2Q 2024 2Q Others 4% Others 3% Industrial Industrial 20% 24% 3C 3C 42% 48% Automotive Automotive 24% 35% * Classified by sales amount (US$) 9
Slide 10: Revenue by Application (Accumulated)
Revenue by Application (Accumulated) 2025 H1 2024 H1 Others Others 3% 3% Industrial Industrial 24% 20% 3C 3C 42% 48% Automotive Automotive 25% 35% * Classified by sales amount (US$) 10
Slide 11: Balance Sheet
Balance Sheet NT$ mn 2Q25* 1Q25 4Q24 3Q24 Cash & Marketable Securities 7,230 6,510 5,508 5,849 Accounts Receivable 2,615 2,650 2,567 2,666 Inventories 2,435 2,484 2,539 2,310 Net PP&E 3,394 3,551 3,627 3,678 Total Assets 21,436 21,727 21,576 22,170 Current Liabilities 4,850 4,344 4,910 5,535 Total L
Slide 12: Cash Flow Statement
Cash Flow Statement NT$ mn 2Q25** 1Q25 4Q24 3Q24 Beginning Balance 6,346 5,334 5,659 6,489 Cash from operating activities 382 573 548 218 Capital expenditures -83 -88 -84 -54 Cash dividends -419 -382 -382 -402 Short-term loans 913 -610 -630 -233 Bonds payable 0 0 0 0 Investments and others -70 1,519
Slide 13: 2Q25 Financial Results / 3Q25 Outlook
2Q25 Financial Results 3Q25 Outlook 13
Slide 14: 3Q25 Guidance
3Q25 Guidance Based on our current business outlook, the management expects: • Revenue to be between NT$ 3.23 bn and NT$ 3.43bn Based on the exchange rate assumption of 1 US dollar to 29 NT dollar, the management expects: • Gross margin to be between 19.5% and 22.5% • Operating margin to be between
Slide 15: Thank You!
Thank You！ Investor Presentation – IR cwtkh@cwtcglobal.com 15