Topco Scientific Co., Ltd. · TWSE:5434
Topco Scientific — Q1 2026 Earnings Presentation
20 slides from Topco Scientific's earnings presentation, May 21, 2026
Slide 1: Topco Scientific 2026 Q1 Investor Meeting
Topco Scientific 2026 Q1 INVESTOR MEETING Chairman：Mr. Jeffery Pan Managing Director：Mr. Charles Lee Senior CEO：Mr. Dennis Chen Spokesperson：Ms. Della Huang / Senior Vice President TSE Ticker : 5434 TT May 21, 2026 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice • These forward-looking statements, which may include statements regarding Topco’s future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on Topco’s current expectations. • Actual results may differ
Slide 3: Company Profile
Company Profile 成立 員工數 Establishment Employee Number 1990 in Taiwan 1993 employees worldwide Diligence, Professionalism, Sharing the Success 資本額 2025年營收 • Founded：February 17th, 1990 Capital Annual Revenue • Headquarters：Taipei, Taiwan 19.2 億元 (NTD) 675.8 • IPO：2003 億元 (NTD) 3
Slide 4: Agenda
Agenda • Welcome Address • Business Reports • Q&A 4
Slide 5: Business Reports
WISS Business Reports
Slide 6: Executive Summary
Executive Summary 2026 Q1 Revenue, Operating Income, Profit Attributable to shareholders of the Company, and EPS Set All Time High ◆ Revenue : NT$18.54 billion, up 7.2% QoQ and 17.6% YoY, a record quarterly high. ◆ Operating Income : NT$1.43 billion, up 32.1% QoQ and 26% YoY, a record quarterly high
Slide 7: Quarterly Revenue
Quarterly Revenue Quarterly Consolidated Sales In Million NTD 20,000 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2017Q2 2021Q1 2024Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1
Slide 8: Q1: Consolidated Income Statement
Q1: Consolidated Income Statement Quarter 1Q 26 4Q 25 1Q 25 QoQ YoY Operating Revenue 18,536,692 17,298,641 15,759,461 7.2% 17.6% Gross Profit 2,517,610 2,303,777 2,107,632 9.3% 19.5% Net Operating Income 1,430,469 1,082,674 1,135,613 32.1% 26.0% Pre-tax Profit 1,720,554 1,540,932 1,269,161 11.7% 35
Slide 9: Earnings Per Share (by Quarter)
Earnings Per Share (by Quarter) EPS 8 7 6.86 6.36 6 5.75 5.41 4.96 4.92 4.93 4.84 4.91 4.78 5 4.07 4.25 4.11 3.69 4 3.38 3.26 3.48 3.63 3.36 2.99 2.87 3.02 3.11 3 2.51 2.5 2 1 0 2026 Q1 EPS：NT$6.86, up 7.9% QoQ and 39.7% YoY, a record quarterly high. 9
Slide 10: Profitability Ratios
Profitability Ratios Profitability 16 14 12 10 8 6 4 2 0 Unit：% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Q1 毛利率 Gross Margin 12.9 12.35 11.79 12.36 11.9 12.22 12.32 13 13.55 12.8 13.58 營業費用率 Operating Expense Ratio 6.88 7.25 6.52 6.54 6.2 6.24 6.22 6.51 6.63 6.2 5.86 營業利益率 Operating Pr
Slide 11: Product Revenue Analysis and Breakdown
Product Revenue Analysis and Breakdown Product Sales Amount Percentage Category (NT$ thousands) (%) Semiconductor 16,069,087 86.7 Semiconductor Engineering & Engineering & Energy 1,640,713 8.9 87% 9% Energy Electronic Materials 619,549 3.3 Electronic Materials Others 207,345 1.1 3% Total 18,536,693
Slide 12: Materials Hub at the Intersection of Four Major Trends
ates Leader in Advanced [X y 13% Al Computing Chip Manufacturing Cf. ga Power Boom Advanced process technologies _ y, Al Rapid expansion of Al model continue to evolve, driving | ft applications is accelerating demand for materials and : of demand for computing power equipment. and infrastructure. T
Slide 13: Service Location
Service Location 2024.10. TOPCO SCIENTIFIC KOREA CO.,LTD. Established 2024.7. Dallas Office Established 2026.1. TOPSCIENCE (THAILAND) CO., LTD. Established ▌Southeast Asia ▌East Asia ▌America Singapore Taiwan Taipei‧Hsinchu‧Taichung‧Tainan‧ Japan Tokyo·Kumamoto U.S.A. Vietnam Hanoi·Ho Chi Minh Kaohs
Slide 14: Recent Key Events
Recent Key Events 2026.05. Partnered with 12 Leading Suppliers at SEMICON SEA 2026. 2026.01. TOPSCIENCE (THAILAND) CO., LTD. was Established. 2025.12. Partnered with National Tsing Hua University’s College of Semiconductor Research to strengthen industry-academia collaboration and cultivate semicond
Slide 15: SEMICON China 2026 March 25-27, 2026
SEMICON China 2026 March 25-27, 2026 ◆ Driven by Policy Support and Robust Domestic Demand ◆ Expansion of Mature Process Capacity Accelerating Breakthroughs in Advanced Process Technologies 15
Slide 16: SEMICON SEA 2026 May 5-7, 2026
SEMICON SEA 2026 May 5-7, 2026 Supply Partners ◆Semiconductor optical inspection equipment provider- V5 TECHNOLOGIES ◆Nanoscale monitoring equipment provider-TRICORNTECH ◆Automated equipment manufacturer- SYUHE PRECISION ◆Global wafer carrier leader- SHIN-ETSU POLYMER ◆Chemical filter manufacturer-
Slide 17: 2026 EXPO
2026 EXPO SEMICON SEMICON SEMICON CHINA SEA TAIWAN March 25-27, 2026 May 5-7, 2026 Sep 2-4, 2026 #7223, SNIEC, #2207, Hall 8, Level 2, #I2700, Hall 1, Shanghai, China MITEC, Kuala Lumpur, TaiNEX, Taipei, Malaysia Taiwan SEMICON SEMICON SEMICON WEST EUROPA JAPAN Oct 13–15, 2026 Nov 10–13, 2026 Dec 9
Slide 18: Accomplishments
Accomplishments According to CommonWealth Magazine’s 2026 "Top 2000 Survey," Topco Scientific has once again achieved record-breaking results across various rankings: ◆No. 11 in "ICT and IC Distribution Industry" ◆No. 30 in "Most Profitable Companies in the Service Industry" ◆No. 34 in "Taiwan Top S
Slide 19: Group Vision
Group Vision Hi-Tech ◆ Growing demand for AI and HPC, along with recovery in consumer electronics market, is driving advanced process requirements in wafer foundries and expanding CoWoS capacity—set to further boost the semiconductor market. ◆ In response to the global supply chain diversification,
Slide 20: Thank You
WIss Thank You