Nan Ya Printed Circuit Board Corporation · TWSE:8046
Nan Ya Printed Circuit Board — Nan Ya PCB — Cathay Securities 2025 Q1 Investment Forum
14 slides from Nan Ya Printed Circuit Board's conference presentation, Mar 12, 2025
Slide 1: 2024 Operation Briefing of Nan Ya PCB Corp.
2024 Operation Briefing of Nan Ya PCB Corp. March 12th 2025
Slide 2: Disclaimer
Disclaimer The description of historical events might include the information that was not reviewed by accountants. Thus, it might be insufficient to fully exhibit the financial status or operation results of Nan Ya PCB Corp. The actual operation results, financial status, and sales outlook in the f
Slide 3: Agenda
Agenda • Company Profile • Financial Status • Future Product Development • Operational Strategies in 2025
Slide 4: Company Profile
Company Profile Business Overview Subsidiary Company of Nan Ya Plastics Corp. Manufacture and Sell IC Substrates and PCBs 2024 Consolidated Revenues: NTD 32.3 Billion Market Value: NTD 82.3 Billion(December 31st 2024) Production Locations：Taiwan and China 1
Slide 5: Company Profile: Milestone
Company Profile Milestone PCB Business Reinvested in Mass Production Started to Produce ABF Started at Nan Ya Nan Ya PCB of Flip-chip Listed on Taiwan Started to Produce Substrate at Kun-shan Plastics Kun-shan Company Substrate Stock Exchange SiP Substrate Campus 1985 1985 1999 2001 2006 2016 2021 1
Slide 6: Consolidated Revenues (IFRS) in Last Years
Financial Status Consolidated Revenues(IFRS) in Last 3 Years NTD Million -29.8% -25.9% Revenues in 2023 were 34.6% lower than those in 2022: Impacted by the inventory correction in CE products, revenues in 2023 showed YoY decline. Revenues in 2024 were 23.6% lower than those in 2023: Due to ongo
Slide 7: Quarterly Consolidated Revenues (IFRS) in a Year
Financial Status Quarterly Consolidated Revenues(IFRS) in a Year NTD Million +13.2% +14.4% -14.4% Revenues in 24Q2 were 14.4% greater than those in 24Q1: AI PC and the recovery in memory lifted the 24Q2 sales from 24Q1. Revenues in 24Q3 were 13.2% greater than those in 24Q2: In Q3, high-end prod
Slide 8: Operation Profits (Losses) in Last Years
Financial Status Operation Profits(Losses) in Last 3 Years NTD Million % 35.4% 17.1% -17,244.9 Mn -3.6% -7,596.7Mn Operation profits in 2023 were decreasing NTD 17,244.9 Mn from 2022: Impacted by the inventory correction in CE products, the sales volumes declined and so did the profits. Operatio
Slide 9: Quarterly Operation Profits in a Year
Financial Status Quarterly Operation Profits in a Year NTD Million % 1.4% -2.5% -5.0% +332.0Mn -11.2% +587.0Mn -516.6Mn Operation profits in 24Q2 were increasing NTD 587.0 Mn from 24Q1: Helped by growing demands in AI PC and memory, the 24Q2 losses narrowed. Operation profits in 24Q3 were increa
Slide 10: Revenue Structure (By Applications)
Financial Status Revenue Structure(By Applications) Overall PC recovery was limited, the sales ratio in 2024 remained flat. Due the budget cannibalization of AI, customers delayed the purchase for telecom products, causing a declining sales ratio in 2024 Consumer electronics demand has not sig
Slide 11: Revenue Structure (By Applications)
Financial Status Revenue Structure(By Applications) Intense price competition in the automotive sector, along with supply chain disruptions, has resulted in a decrease in revenue contribution in 2024. Demands in AI and HPC products have been relatively robust, leading to an increase in revenue c
Slide 12: Future Product Development
Future Product Development Continue to Expand High Value Products ABF Substrate We will work closely with customers to develop substrates for AI PC processors, customized AI ASICs, 4nm high-end PC graphics chips, data center server processors, high-end switches and routers, WiFi-7 network chips, a
Slide 13: Operational Strategies in 2025
Operational Strategies in 2025 Implementing 4 Major Transformations Product Transformation: Increase the proportion of high-value and differentiated products, and expand into new applications and markets.. Business Transformation: Develop new materials, technologies, and products to strengthen t
Slide 14: Thank You
Thank You
Nan Ya PCB — Cathay Securities 2025 Q1 Investment Forum on 6ix