Nuvoton Technology Corporation · TWSE:4919
Nuvoton Technology — Q3 2023 Earnings Presentation
15 slides from Nuvoton Technology's earnings presentation, Nov 2, 2023
Slide 1: Nuvoton Technology Corporation 3Q'23 Investor Conference
Nuvoton Technology Corporation 3Q’23 Investor Conference Nov 2, 2023 1
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 3Q’23 Business Update Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Toy of innovation Pa UVvoTOon Nuvoton Financial Results
Slide 5: Statement of Comprehensive Income - Consolidated
Statement of Comprehensive Income - Consolidated 3Q’23 2Q’23 Unit: NT$ M Amount % Amount % Net Revenue 8,970 100 8,953 100 Gross Profit 3,756 42 3,622 40 Operating Income 624 7 458 5 Non-Operating Income 83 1 122 2 Income before Income Tax 707 8 580 7 Net Income 599 6 443 5 EPS (NTD) 1.43 1.05
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated September 30 ’23 June 30 ’23 March 31 ’23 Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 6,374 20 9,035 25 9,299 25 Accounts Receivable 4,530 14 4,567 13 4,730 13 Other Receivable 538 1 829 2 721 2 Inventories 8,299 25 8,431 24 8,797 24 Long-Term Investme
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 3Q’23 2Q’23 1Q’23 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities 345 (166) (775) Cash Flows from Investing Activities 364 (264) (172) Cash Flows from Financing Activities (3,519) 315 (17) Cash & Cash Equivalents 6,374 9,035 9,299 7
Slide 8: Revenue and GM Trend - Consolidated
Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 15,000 50% 44% 41% 42% 42% 41% 42% 40% 40% 40% 11,180 40% 10,380 10,389 10,722 10,400 10,000 9,569 8,956 8,953 8,970 30% 20% 5,000 4,266 4,328 4,702 4,689 4,287 3,816 3,611 3,622 3,756 10% 0 0% 3Q'21 4Q'21 1Q'22 2Q'22 3Q'2
Slide 9: Nuvoton 3Q'23 Business Update
Nuvoton 3Q’23 Business Update 9
Slide 10: 3Q'23 Revenue by 4C Applications
3Q’23 Revenue by 4C Applications Automotive& 3Q’23 BMC BM-IC 17% Industrial EC HMI IC Card 2Q’22 16% MCU Computer Super IO MCU TPM 48% 48% 18% 17% Communication & Audio IC 18% Others HDMI IC MCU 18% MCU Consumer MOSFET 10 Note: Foundry revenue was not included in the numbers .
Slide 11: Overall Highlight
Overall Highlight Expect a continuous improvement in the level of channels’ inventory The short-term outlook remains conservative due to the slow economic recovery and seasonality, which led to limited visibility into end market demand
Slide 12: Nuvoton 3Q'23 Business Update (1)
Nuvoton 3Q’23 Business Update (1) Automotive & Industrial Design-in of HMI applied to meter cluster of EV motorcycle for new customer in India Launched 4th generation of battery monitoring chipset for automotive battery control to measure the voltage and temperature of battery cells and the curr
Slide 13: Nuvoton 3Q'23 Business Update (2)
Nuvoton 3Q’23 Business Update (2) Communication Design-in of CSP MOSFET for 2024 new models of smartphone and wearable devices increased continuously, and the total numbers have exceeded 2023 models Computer Mass production of 30V CSP MOSFET for notebook battery protection Design-win of the USB4
Slide 14: Nuvoton 3Q'23 Business Update (3)
Nuvoton 3Q’23 Business Update (3) Consumer Design-in of the motor control MCU for home gym and portable air conditioner Launched new MUG51 8-bit, low power MCU for battery-free devices, for committing to 8-bit MCU production sustainability 14
Slide 15: Questions & Answers
Questions & Answers Nuvoton Company Website: www.nuvoton.com 15