Slide 1: Nanya Technology Q3 2021 Investor Conference
Nanya Technology Q3 2021 Investor Conference Dr. Pei-Ing Lee, President & Spokesman 08 October 2021 October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved.
Slide 2: Safe Harbor
Safe Harbor The information herein and the presentation made during the conference contain forward-looking statements. Neither Nanya Technology Corp. nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements or undertakes duty to update the state
Slide 3: Contents
01 Q3’21 Revenue & Results 02 CAPEX & Bit Shipment Contents 03 Market Outlook 04 Business Review & Outlook October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 3
Slide 4: Q3'21 Revenue & Results
Q3’21 REVENUE & RESULTS 01 October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 4
Slide 5: Q3'21 Financial Results Summary
Q3’21 Financial Results Summary Q3’21 Amount in Million NT$, Q2’21 QoQ Q3’20 YoY except for EPS & BVPS (Unaudited) Net Sales 23,837 100% 22,637 100% 5.3% 15,324 100% 55.6% Gross Profit (Loss) Gross Margin(%) 11,735 49.2% 9,583 42.3% 22.5% 3,962 25.9% 196.2% Operating Income (Loss) 9,073 38.1% 7,063
Slide 6: Quarterly Revenue Results
Quarterly Revenue Results QoQ YoY Q3’21 vs. Q2’21 Q3’21 vs. Q3’20 Revenue +5.3% +55.6% Shipment Decrease low-teens% Decreased mid-single digits% ASP Increased twenties% Increased seventies% Exchange Rate -0.6% -5.6% Q3’21 Revenue increased by 5.3% QoQ Q3’21 Bit shipment decreased by low-teens% Q
Slide 7: Q3'21 vs. Q2'21 Results Comparison
Q3’21 vs. Q2’21 Results Comparison Q3’21 QoQ Q2’21 Remarks Amount in Million NT$ (Unaudited) (PPT* Delta) Bit shipment decreased by low-teens% Net Sales 23,837 22,637 +5.3% ASP increased approx. twenties% FX negative impact 0.6% Gross Profit (Loss) Q3’21 Gross profit increased NT$ 2,152M, 11
Slide 8: Quarterly Financial Highlights
Quarterly Financial Highlights Revenue (Million NT$) Net Income (Million NT$) Gross Margin(%) Operating Margin(%) 59% 55% 53% 50% 52% 51% 23,837 Gross Margin, Operating Margin (%) Revenue, Net Income (Million NT$) 47% 49.2% 44% 44% 44% 22,637 42% 41% 40% 39% 42.3% 20,000 38.1% 40% 35% 17,731 33% 31%
Slide 9: Operating Expenses
Operating Expenses SG&A Expenses R&D Expenses (Million NT$) * Unaudited number (Million NT$) * Unaudited number 509 Q4 1,439 Q4 2,020* 503 642 * Q3 1,389 Q3 1,882 574 Q2 639 1,239 Q2 533 492 1,643 Q1 1,071 Q1 2020 2021 2020 2021 Note: 2021 R&D expenses to grow YoY due to the increase of 10nm-class t
Slide 10: Cash Flows
Cash Flows 2021 Q1~Q3 Cash Flow Q3’21 Unit: Million NT$ Q2’21 Unit: Million NT$ (Unaudited) -6,519 -3,784 Beginning Balance 67,738 59,113 Capital Expenditures Financial Cash from Operating 29,932 Activities Activities 10,838 10,707 & Others Capital Expenditures -3,801 -1,233 Cash from Financial Acti
Slide 11: CAPEX & Bit Shipment
02 CAPEX & BIT SHIPMENT October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 11
Slide 12: CAPEX & Bit Shipment
CAPEX & Bit Shipment NT$ Billion Mid-thirties % Mid thirties% 20.4 12.0 8.5 Low-teens% 5.5 ~ Flat 2018 2019 2020 2021 E 2018 2019 2020 2021 E CAPEX Bit Shipment (YoY) Capital Q3’21 CAPEX NT$ 3.8 billion (B) 2021 CAPEX plan adjusted to NT$ 12B due to defer payment Expenditure(CAPEX) Q3’21 bit s
Slide 13: Market Outlook
03 MARKET OUTLOOK October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 13
Slide 14: Market Outlook (Q4'21)
Market Outlook(Q4’21) Q4’21: Consumer electronics, Sever, and Smartphone remain solid, with Chromebook Outlook and spot market decline. Supply chains unbalanced and components shortage have impacted many market sectors. COVID-19 interruption on South East Asia factories, and High inflation and G
Slide 15: Business Review & Outlook
BUSINESS REVIEW & OUTLOOK 04 October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 15
Slide 16: Nanya Business Review & Outlook
Nanya Business Review & Outlook Q3’21 result improved, GM 49%, OPM 38% Q4’21 DRAM market entering a short term correction 1st 10nm-class 8Gb DDR4, DDR5 piloting on schedule 2nd 10nm-class product development on schedule New fab ground-breaking postponed to Q1’22 due to longer approval proc
Slide 17: Thanks & Questions
Thanks & Questions October 8, 2021 ︱© 2021 Nanya Technology Corporation. All Rights Reserved. 17
Slide 18: Q3'21 Consolidated Income Statement
Q3’21 Consolidated Income Statement Q3’21 Q2’21 QoQ Q3’20 YoY Amount: Million NT$ (Unaudited) Net Sales 23,837 100.0% 22,637 100.0% 5.3% 15,324 100.0% 55.6% Cost of Goods Sold 12,102 50.8% 13,054 57.7% 11,362 74.1% Gross Margin 11,735 49.2% 9,583 42.3% 22.5% 3,962 25.9% 196.2% SG&A Expenses 642 2.7%