Macronix International Co., Ltd. · TWSE:2337

Macronix International — Q4 2002 Earnings Presentation

17 slides from Macronix International's earnings presentation, Jan 27, 2003

  1. Slide 1: Macronix 2002 Q4 Investor Conference

    Macronix International Co., Ltd. 2002 Q4 Investor Conference 27 January 2003 Integrated Solutions Provider

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement These presentations and discussions contain certain forward-looking statements with respect to the results of operation, financial condition and current expectation. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depen

  3. Slide 3: Agenda

    Agenda n Welcome n Miin Wu n 4Q’02 Financial Results n Paul Yeh n Business Update n Tom Yiu n Remark n Miin Wu Integrated Solutions Provider 3

  4. Slide 4: Agenda

    Agenda n Welcome n Miin Wu n 4Q’02 Financial Results n Paul Yeh n Business Update n Tom Yiu n Remark n Miin Wu Integrated Solutions Provider 4

  5. Slide 5: Financial Result-Income Statement

    Financial Result-Income Statement NT$M : except EPS Change Change 2002/Q4 2002/Q3 2001/Q4 QoQ YoY Increase(Decrease)% Net Sales Revenue 4,673 4,664 4,324 0% 8% Gross Profit (304) (37) 1,024 722% Gross Margin% (7%) (1%) 24% Operating Expenses (1,490) (1,488) (1,388) 0% 7% Operating Income(Loss) (1,79

  6. Slide 6: Financial Result-Income Statement

    Financial Result-Income Statement Change NT$M : except EPS 2002 2001 YoY Increase (Decrease)% Net Sales Revenue 16,075 21,361 (25%) Gross Profit (768) 9,791 - Gross Margin% (5%) 46% Operating Expenses (5,694) (5,534) 3% Operating Income(Loss) (6,462) 4,256 - Net Non-Operating Loss (4,896) (4,206) 16

  7. Slide 7: Sales Breakdown by Product

    Sales Breakdown by Product NT$M 5,000 4,500 4,000 26% 34% Change 3,500 28% QoQ 14% 3,000 FLASH 31% 15% 2,500 17% 16% M.M. 7% 2,000 13% MROM -12% 1,500 51% EPROM -29% 45% 50% 44% SOC -38% 1,000 500 6% 4% 4% 12% 7% 3% 5% 3% 0 2002Q1 2002Q2 2002Q3 2002Q4 Integrated Solutions Provider 7

  8. Slide 8: Sales Breakdown by Product

    Sales Breakdown by Product NT$M 20,000 7% 14% Change 15,000 15% YoY M.M. 51% 27% FLASH 43% 10,000 58% MROM -38% EPROM -39% 5,000 47% SOC -69% 5% 15% 4% 6% 0 2001 2002 Integrated Solutions Provider 8

  9. Slide 9: Quantity Breakdown by Product

    Quantity Breakdown by Product Unit : Million EA 100 90 80 26% Change 36% QoQ 70 31% 13% FLASH 36% 60 M.M. 14% 50 13% 15% 25% MROM -20% 40 10% EPROM -24% 30 50% 40% 41% SOC -40% 20 48% 10 9% 13% 9% 7% 4% 7% 3% 2% 0 2002Q1 2002Q2 2002Q3 2002Q4 Excluding wafer-based QTY in SOC&M.M. Integrated Solutions

  10. Slide 10: Quantity Breakdown by Product

    Quantity Breakdown by Product Unit : Million EA 350 300 Change 30% 250 YoY 18% FLASH 107% 200 13% 8% M.M. 90% 10% 9% EPROM 17% 150 MROM 1% 100 SOC -39% 55% 44% 50 9% 4% 0 2001 2002 Excluding wafer-based QTY in SOC&M.M. Integrated Solutions Provider 10

  11. Slide 11: Sales Breakdown by Customers' Origin

    Sales Breakdown by Customers’ Origin NT$M 5,000 4,500 4,000 22% 26% Change QoQ 3,500 28% ASIA 15% 3,000 JAPAN 14% 2,500 28% 55% EUROPE -39% 2,000 40% 63% US -51% 1,500 49% 1,000 9% 5% 500 9% 3% 23% 18% 14% 9% 0 2002Q1 2002Q2 2002Q3 2002Q4 Note : This chart does not reflect the actual shipment destin

  12. Slide 12: Sales Breakdown by Technology

    Sales Breakdown by Technology NT$M 5,000 4,500 10% 20% 4,000 3% 3,500 33% 39% 29% 0.18 m 3,000 1% 0.25 m 2,500 0.32 m 40% 2,000 >0.4 m 1,500 36% 37% 50% 42% 1,000 500 14% 15% 14% 17% 0 2002Q1 2002Q2 2002Q3 2002Q4 Integrated Solutions Provider 12

  13. Slide 13: Sales Breakdown by Application

    Sales Breakdown by Application NT$M 5,000 4,500 4,000 3,500 Consumer 3,000 73% 77% Computer 2,500 Communication 63% 65% 2,000 1,500 1,000 23% 19% 21% 14% 500 16% 12% 8% 9% 0 Integrated Solutions Provider 2002Q1 2002Q2 2002Q3 2002Q4 13

  14. Slide 14: 8" Equivalent Wafer Out & Utilization Rate

    8” Equivalent Wafer Out & Utilization Rate WF OUTPUT_ PC 200,000 105% 120% 105% 105% 180,000 101% 87% 88% 100% 160,000 76% 140,000 70% 80% 120,000 65% 64% 100,000 60% 50% 57% 80,000 40% 60,000 40,000 20% 20,000 0 0% 2000Q1 2000Q2 2000Q3 2000Q4 2001Q1 2001Q2 2001Q3 2001Q4 2002Q1 2002Q2 2002Q3 2002Q4

  15. Slide 15: Balance Sheet Highlight

    Balance Sheet Highlight NT$M 31/12/02 30/09/02 31/12/01 Cash 7,179 9,125 12,295 Inventory(Net) 5,090 5,260 7,187 Total Assets 64,953 67,109 70,543 Long Term Liability 19,339 21,009 19,508 Total Liabilities 34,738 34,751 27,403 Equity 30,214 32,358 43,140 Integrated Solutions Provider 15

  16. Slide 16: Cash Flow Highlight

    Cash Flow Highlight NT$M Quarterly highlight 2002/Q4 2002/Q3 QoQ Depreciation & Amorization 2,229 2,214 1% Capital Expenditures (1,476) (2,152) (31%) Annual highlight 2002 2001 YoY Depreciation & Amorization 8,731 7,997 9% Capital Expenditures (8,425) (8,649) -3% Integrated Solutions Provider 16

  17. Slide 17: For more information regarding MXIC

    For more information regarding MXIC www.macronix.com For all inquiries, suggestions, and comments ir@mxic.com.tw Integrated Solutions Provider

Macronix International — Q4 2002 Earnings Presentation on 6ix