Wnc Corporation · TWSE:6285

Wnc — Wistron NeWeb — Q3 2022 Earnings Presentation

20 slides from Wnc's earnings presentation, Nov 9, 2022

  1. Slide 1: 2022 Investor Conference

    2022 Investor Conference November 2022 ■ Normal □ Internal Use □ Confidential □ Restricted Confidential

  2. Slide 2: Disclaimer

    Disclaimer This presentation is being delivered to the recipient. The sole purpose of this presentation is to assist the recipient in understanding Wistron NeWeb Corporation ( WNC ). This presentation is not intended to form the basis of a decision to purchase securities or any other investment deci

  3. Slide 3: Agenda

    Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 3

  4. Slide 4: Q3 2022 Income Statement QoQ (Consolidated)

    Q3 2022 Income Statement QoQ (Consolidated) (in NT$ million) Q3 2022 Q2 2022 QoQ Amount % Amount % % Net Revenue 26,531 100.0 20,175 100.0 31.5 Realized Gross Profit 3,374 12.7 2,531 12.5 33.3 Operating Expense 2,161 8.1 1,922 9.5 12.4 Operating Income 1,213 4.6 609 3.0 99.2 Non-operating Income/(Lo

  5. Slide 5: Q1-3 2022 Income Statement YoY (Consolidated)

    Q1-3 2022 Income Statement YoY (Consolidated) (in NT$ million) Q1-3 2022 Q1-3 2021 YoY Amount % Amount % % Net Revenue 66,163 100.0 48,176 100.0 37.3 Realized Gross Profit 7,945 12.0 5,315 11.0 49.5 Operating Expense 5,883 8.9 4,629 9.6 27.1 Operating Income 2,062 3.1 686 1.4 200.6 Non-operating Inc

  6. Slide 6: 2022/9/30 Balance Sheet (Consolidated)

    2022/9/30 Balance Sheet (Consolidated) (in NT$ million) 2022/9/30 2022/6/30 QoQ 2021/9/30 YoY Amount % Amount % Amount % Amount % Amount % Cash & ST Investments 3,708 6 3,074 6 634 21 3,710 9 (2) 0 A/R 21,558 35 17,454 33 4,104 24 12,963 31 8,595 66 Inventory 22,392 36 18,692 36 3,700 20 14,157 34 8

  7. Slide 7: Agenda

    Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 7

  8. Slide 8: Product Category

    Product Category Enterprise and Infrastructure Networking (Enterprise APs & Switches / Mesh Routers / SD WAN / 5G RU / 5G Smart NIC / 5G Edge Server) Networking Consumer Connectivity (Wireless Modules / Cellular Connectivity) Car Connectivity (CPU / Cellular / Wi-Fi / Bluetooth Modules) Automotive &

  9. Slide 9: Growth Strategy – Enterprise

    Growth Strategy – Enterprise  Maintain technology and market share leadership  Expand product portfolio from Wi-Fi to cellular and edge infrastructure products Enterprise AP Wi-Fi 6/6E, Wi-Fi 7 5G ORAN Private Network SD-WAN, Switch ■ Normal □ Internal Use □ Confidential □ Restricted Confidential

  10. Slide 10: Growth Strategy – Service Providers

    Growth Strategy – Service Providers  Adopt go-direct business model to reduce margin stacking  Acquire more service provider customers to grow business  Expand product portfolio from end-user to infrastructure products MSO Cable IoT LEO BB Cloud Smart Home Satellite Telematics LEO Satellite Broad

  11. Slide 11: Growth Strategy – Automotive

    Growth Strategy – Automotive  Develop and expand business in key automotive modules and sensors  Become a Tier-1 supplier to EV OEMs Automotive 4G/5G, CPU Modules, TCU ADAS Camera & Radar ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 11

  12. Slide 12: Revenue Trend

    Revenue Trend ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 12

  13. Slide 13: Revenue Structure

    Revenue Structure ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 13

  14. Slide 14: New Manufacturing Sites to Support Growth

    New Manufacturing Sites to Support Growth​ Wistron NeWeb WNC (Kunshan) Corp. (Kunshan) Corp. Hsinchu S1 Site Kunshan, China WebCom Communication Hsinchu, Taiwan (Kunshan) Corp. Ha Nam, Vietnam Tainan, Taiwan New New NEWEB VIETNAM CO., LTD. Tainan S2 Site Tainan S3 Site Opening: Q1 2023 ■ Normal □ In

  15. Slide 15: WNC’s Directions of ESG

    WNC’s 7 Directions of ESG Environmental Social Governance Sustainable Environmental Social Talent Friendly Financial Value Chain Products Management Welfare Cultivation Workplace Health Management ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 15

  16. Slide 16: Patents & Achievements

    Patents & Achievements  WNC not only focuses on R&D investment but also values sustainability in its long-term operations. R&D  IT World Awards 2019, 2018  CES Innovation Awards 2022  Hsinchu Science Park R&D Accomplishment Award 2020, 2018  Hsinchu Science Park Innovative Product Award 2021, 2

  17. Slide 17: Business Performance – Awards

    Business Performance – Awards Asiamoney 2022 EcoVadis Outstanding S&P Global 2022 Sustainability Rating Companies Poll ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 17

  18. Slide 18: Agenda

    Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 18

  19. Slide 19: Summary

    Summary ■ Normal □ Internal Use □ Confidential □ Restricted Confidential 19

  20. Slide 20: Wistron NeWeb Corp. Q&A

    Wistron NeWeb Corp. Q&A

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