Chipmos Technologies, Inc. · TWSE:8150
Chipmos Technologies — Q2 2023 Earnings Presentation
19 slides from Chipmos Technologies's earnings presentation, Aug 3, 2023
Slide 1: Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services
Exhibit 99.2 Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 2Q23 Results Conference August 2023
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, am
Slide 3: Agenda
Agenda Welcome 2Q23 Operating Results S.J. Cheng 2Q23 Financial Results Silvia Su Business Outlook S.J. Cheng Q&A 3
Slide 4: 2Q23 Operating Results
2Q23 Operating Results 4 @. ChipMos
Slide 5: Revenue & Gross Margin
Revenue & Gross Margin 2Q23 Revenue: NT$5,444.1M (QoQ: +18.2%, YoY: -20.5%) Gross Margin: 17.3% (QoQ: +4.9ppts, YoY: -8.1ppts) 5
Slide 6: Utilization Rate
Utilization Rate 2Q23: 59% 2Q23: 40% 2Q23: 72% 2Q23: 60% 2Q23: 60% 1Q23: 55% 1Q23: 42% 1Q23: 58% 1Q23: 52% 1Q23: 52% 2Q22: 75% 2Q22: 69% 2Q22: 80% 2Q22: 77% 2Q22: 75% Note: To effectively reflect changes in product characteristic and mix, the utilization calculation target of manufacturing site, whi
Slide 7: 2Q23 Revenue Breakdown
2Q23 Revenue Breakdown Product Manufacturing Site 7
Slide 8: Revenue Breakdown - Memory
Revenue Breakdown － Memory 2Q23: 33.3% (QoQ: +8.2%, YoY: -34.2%) 8
Slide 9: Revenue Breakdown - DDIC + Gold Bump
Revenue Breakdown － DDIC + Gold Bump 2Q23: 58.9% (QoQ: +31.6%, YoY: -4.0%) 9
Slide 10: Revenue Breakdown - End Market
Revenue Breakdown － End Market Content Performance of 2Q23 Smart Mobile TV Computing Auto/Industry Consumer 33.7% 19.2% 5.0% 20.7% 21.4% (QoQ +36.9%) (QoQ +33.4%) (QoQ +38.7%) (QoQ +5.0%) (QoQ -3.9%) Smart phone UHD/4K/8K TV PC / Server In-car infotainment Game, TWS Wearable OLED TV
Slide 11: 2Q23 Financial Results
2Q23 Financial Results u @. ChipMos
Slide 12: Consolidated Operating Results Summary
Consolidated Operating Results Summary 2Q23 1Q23 2Q22 (NT$ Millions) Revenue 5,444.1 4,605.1 6,851.7 Profit Attributable to the Company 628.5 202.4 1,320.6 EPS Attributable to the Company - Basic (NT$) 0.86 0.28 1.82 (1) Earnings per ADS equivalent - Basic (US$) 0.56 0.18 1.17 Depreciation & Amortiz
Slide 13: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Selected Items from Consolidated Statements of Comprehensive Income (NT$ Millions) 2Q23 1Q23 QoQ 2Q22 YoY Revenue 5,444.1 4,605.1 18.2% 6,851.7 -20.5% Gross Profit 940.6 569.8 65.1% 1,741.9 -46.0% Gross Margin 17.3% 12.4% 4.9ppts 25.4% -8.1ppts Operati
Slide 14: Consolidated Statements of Financial Position & Key Indices
Consolidated Statements of Financial Position & Key Indices Selected Items from Consolidated Statements of Financial Position 2Q23 1Q23 2Q22 (NT$ Millions) Amount % Amount % Amount % Current Assets 20,530.2 44.8% 19,601.4 42.9% 16,981.2 39.5% Non-current Assets 25,306.2 55.2% 26,108.6 57.1% 26,056.0
Slide 15: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows 1H23 1H22 (NT$ Millions) Cash and Cash Equivalents at Beginning of Period 9,896.6 5,906.2 Net Cash Generated from (used in) Operating Activities 3,286.5 5,454.2 Net Cash Generated from (used in) Investing Activities (1,487.9) (3,204.8) Net Cash Generated from (u
Slide 16: Capital Expenditures & Depreciation
Capital Expenditures & Depreciation 2Q23 CapEx: NT$691.6M Depreciation: NT$1,210.1M 16
Slide 17: Business Outlook
Business Outlook 17 @. ChipMos
Slide 18: Market & Business Outlook
Market & Business Outlook Momentum is gradually rebounding and starting to see some signs of improvement in specific areas Memory: Positive indications despite continued destocking at certain customers DRAM demand likely begins to improve mid-3Q23 with benefit from Memory IDMs lowering their U
Slide 19: Q&A
Q&A www.chipmos.com 19 @. ChipMos