Chipmos Technologies, Inc. · TWSE:8150
Chipmos Technologies — Q4 2020 Earnings Presentation
20 slides from Chipmos Technologies's earnings presentation, Mar 16, 2021
Slide 1: Q4'20 & Full Year 2020 Results Conference
March 2021 Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services Q4’20 & Full Year 2020 Results Conference Exhibit 99.2
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, amon
Slide 3: Agenda
Agenda Welcome Q4’20 & 2020 Operating Results S.J. Cheng Q4’20 & 2020 Financial Results Silvia Su Q1’21 Business Outlook S.J. Cheng Q&A
Slide 4: Q4'20 & 2020 Operating Results
Q4’20 & 2020 Operating Results
Slide 5: Revenue & Gross Margin
Revenue: Q4’20: NT$6,310.3M (QoQ +11.0%, YoY +13.3%) new quarterly record high 2020: NT$23,011.4M (YoY +13.1%) Gross Margin: Q4’20: 24.4% (QoQ: +5.1ppts, YoY: +1.7ppts) 2020: 21.9% (YoY: +2.6ppts) Revenue & Gross Margin 5
Slide 6: Utilization Rate
Utilization Rate 6 Q4’20: 78% Q3’20: 75% Q4’19: 77% Q4’20: 97% Q3’20: 80% Q4’19: 81% Q4’20: 86% Q3’20: 85% Q4’19: 75% Q4’20: 80% Q3’20: 76% Q4’19: 70% Q4’20: 85% Q3’20: 79% Q4’19: 76%
Slide 7: Q4'20 Revenue Breakdown
Q4’20 Revenue Breakdown Product Segment Manufacturing Site
Slide 8: Revenue Breakdown - Memory
Revenue Breakdown － Memory 8 Q4’20: 41.9% (QoQ: +10.2%, YoY: +11.6%)
Slide 9: Revenue Breakdown - DDIC + Gold Bump
Revenue Breakdown － DDIC + Gold Bump 9 Q4’20: 49.6% (QoQ: +11.7%, YoY: +19.9%)
Slide 10: Revenue Breakdown - Application
Revenue Breakdown － Application 10 DDIC & Gold bump Memory & Mixed-signal Smart Mobile 37% TV 16% Computing 12% Auto/Industrial 12% Consumer 23% Smart phone Wearable Content Performance of Q4’20 UHD/4K TV 8K TV OLED TV NB/Tablet PC / server SSD In-car infotainment ADAS / sensor industrial PC Game Sm
Slide 11: Q4'20 & 2020 Financial Results
Q4’20 & 2020 Financial Results
Slide 12: Consolidated Operating Results Summary
Consolidated Operating Results Summary
Slide 13: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Note(1) : QoQ: Difference mainly due to the increase of the share of loss of associates accounted for using equity method of NT$49M and foreign exchange loss of NT$47M. YoY: Difference mainly due to the increase of the share of loss of associates accou
Slide 14: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Note(1): Difference mainly due to the decrease of the gain on disposal of investment accounted for using equity method of NT$982M and the increase of foreign exchange loss of NT$200M.
Slide 15: Consolidated Statements of Financial Position & Key Indices
Consolidated Statements of Financial Position & Key Indices
Slide 16: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows Note(1): Difference mainly due to the increase of the operating profit of NT$1,109M and the decrease of the CapEx of NT$763M.
Slide 17: Capital Expenditures & Depreciation
Capital Expenditures & Depreciation CapEX: Q4’20: NT$1,760.1M; 2020: NT$4,133.6M Depreciation: Q4’20: NT$1,059.8M; 2020: NT$4,175.5M
Slide 18: Q1'21 Business Outlook
Q1’21 Business Outlook 18 @, Chipmos
Slide 19: Market & Business Outlook
Semiconductor market continues with component shortages impacting most end markets Strong demand with capacity constraints supports higher prices Capacity being added strategically, with ChipMOS customers seeking to lock-in capacity over a longer timeframe Memory: Increased assembly price to reflect
Slide 20: Q&A
Q&A https://www.chipmos.com