Alchip Technologies Ltd. · TWSE:3661

Alchip Technologies — Q3 2021 Earnings Presentation

12 slides from Alchip Technologies's earnings presentation, Oct 29, 2021

  1. Slide 1: Alchip Technologies Investor Conference, Oct 29th, 2021

    (3661 TT) 世芯電子 法人說明會 Oct 29th, 2021 1 © 2019 Alchip Technologies Proprietary and Confidential Information

  2. Slide 2: Safe Harbor Disclaimer

    Safe Harbor Disclaimer This presentation contains forward-looking statements, including statements about business outlook and strategy, and statements about historical results that may suggest trends for our business. These statements are based on estimates and information available to us at the tim

  3. Slide 3: Meeting instructions and Q&A procedure

     This meeting will be in English, If you need Chinse presentation slides, please go to MOPS to download the Chinese version  Participants please write down your questions to host through Zoom’s message function with your and your company name  Please use the “raise hand” function through Zoom for

  4. Slide 4: 世芯電子概覽 (Alchip Overview)

    世芯電子概覽 485+ 80%+ Employees of revenues from (75% are engineers) AI / HPC Founded in 2003 Revenue IPO (TWSE) in 2020：$240M 2014 2021 Q1-Q3 $283M 470+ tapeouts VCA Member Leading-edge technology 30+ Concurrent Design in 2021 (1) High performance computing. 4 4 (2) Value Chain Aggregator (“VCA”) is a p

  5. Slide 5: 3Q21 回顧

    3Q21 回顧  Q3 重點財務數字 – 各項營運數字較預期為佳 • 營收: 美金$91.9M • 營業利益: 美金$15.3M • 稅後淨利: 美金$12.9M • EPS： NTD 5.12  Q3 主要重點 – 既有業務及新進業務皆較預期為佳 – 多個項目流片 (主要為 7/6/5nm) – 客戶對項目未來量產預期持續拉高  挑戰 – 設計工程資源依舊未能滿足需求 – 基板及晶圓供應仍相當緊俏  飛騰事件更新 5 © 2019 Alchip Technologies Proprietary and Confidential Information

  6. Slide 6: 3Q21 損益表現

    3Q21 損益表現 美金(千元) 2Q21 3Q21 QoQ (%) YoY (%) 營業收入 97,420 91,859 -5.7 38.3 營業成本 64,279 62,238 -3.2 36.5 營業毛利 33,141 29,622 -10.6 42.2 營業費用 15,688 14,338 -8.6 14.5 營業利益 17,452 15,284 -12.4 84.0 業外收益 604 801 32.7 -62.4 稅前利益 18,057 16,086 -10.9 54.1 所得稅費用 -4,158 -3,158 -24.1 40.4 稅後收益 13,899 12,928 -7.0 5

  7. Slide 7: 依應用別之營收組成

    依應用別之營收組成 季度 年度 100% 100% 80% 80% 59% 60% 60% 76% 81% 86% 87% 87% 91% 40% 40% 18% 20% 20% 11% 14% 10% 7% 7% 6% 3% 2% 8% 6% 5% 3% 7% 9% 3% 0% 2% 2% 2% 0% 4% 4% 4Q20 1Q21 2Q21 3Q21 2019 2020 1-3Q21 Consumer Networking Niche HPC Consumer Networking Niche HPC 7 © 2019 Alchip Technologies Proprietary and

  8. Slide 8: 依製程之營收組合

    依製程之營收組合 季度 年度 100% 100% 20% 26% 27% 32% 80% 80% 44% 60% 74% 60% 60% 40% 53% 53% 40% 59% 40% 42% 30% 29% 20% 13% 20% 15% 2% 14% 7% 9% 5% 6% 6% 4% 2% 5% 5% 5% 6% 0% 1% 1% 0% 0% 4% 2% 0% 4Q20 1Q21 2Q21 3Q21 2019 2020 1-3Q21 55nm & lower 40nm 28nm 16/12nm 7nm & higher 55nm & lower 40nm 28nm 16/12nm 7nm

  9. Slide 9: 依地區之營收組合

    依地區之營收組合 季度 年度 100% 100% 5% 11% 2% 11% 15% 16% 17% 27% 3% 6% 3% 80% 80% 6% 4% 3% 60% 60% 70% 88% 75% 60% 64% 76% 40% 40% 64% 20% 20% 18% 15% 13% 11% 5% 6% 7% 0% 0% 4Q20 1Q21 2Q21 3Q21 2019 2020 1-3Q21 Japan China Taiwan Others Japan China Taiwan Others 9 © 2019 Alchip Technologies Proprietary and Co

  10. Slide 10: 3Q21 營運回顧

    3Q21 營運回顧 綜合原因使第三季表現較預期為佳 – 中國主要客戶之量產營收較預期提高 – 既有客戶及新客戶之設計項目持續增加 – 贏得中國設計服務商之新的高量產項目 營業利益為美金US$15.2M，同比成長84% – 毛利率較2Q些許下滑，主要原因為: 1) 產品組成中量產 比例較上季略高，且 2) 量產中較高毛利之產品出貨減 少 – 營業費用較上季降低，主要因員工獎金提撥數降低 10 © 2019 Alchip Technologies Proprietary and Confidential Information

  11. Slide 11: 4Q21 展望

    4Q21 展望 整個行業對設計服務需求依然強勁 – IC產業對設計服務之需求依然強勁，尤其是在先進製 程部分，許多項目仍在排隊等待設計工程資源 – 高效能運算需求持續增強，更多新應用及新加入的業 者持續驅動整體業界需求 預期7nm 之人工智慧晶片之營收貢獻增加 – 對北美服務商之7nm人工智慧晶片已於3Q送樣，預計4Q 將開始量產營收貢獻 – 另一北美晶片客戶之7nm人工智慧晶片同樣預計於4Q開 市貢獻營收 – 手中三個對北美客戶之7nm人工智慧晶片項目預計將為 2022年之主要營收成長驅動力 11 © 2019 Alchip Technologies Proprietary and Conf

  12. Slide 12: Thanks!

    Thanks! www.alchip.com 12 © 2019 Alchip Technologies Proprietary and Confidential Information

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