Advanced Ceramic X Corporation · TPEX:3152
Advanced Ceramic X — FY2018 Earnings Presentation
7 slides from Advanced Ceramic X's earnings presentation, Mar 20, 2019
Slide 1: Advanced Ceramic X Corporation Wireless SiP Solutions
ACX Advanced Ceramic X Corporation Wireless SiP Solutions 無線通訊整合元件與模組專家 March 20, 2019 1
Slide 2: Income Statements – 2018/4Q
ACX Income Statements – 2018/4Q (M NTD) 4Q18 3Q18 4Q17 QoQ YoY Net Sales 485 472 465 +2.6% +4.2% Gross Margin 62.4% 63.2% 60.8% -0.8 ppt +1.6 ppt Operating Expenses (57) (56) (50) +3.2% +15.1% Operating Margin 50.6% 51.4% 50.1% -0.8 ppt +0.5 ppt Non-Operating Items 9 5 (6) 96.7% -257.7% Taxes (50) (
Slide 3: Income Statements – 2018/1~4Q
ACX Income Statements – 2018/1~4Q (M NTD) 2018/1~4Q 2017/1~4Q YoY Net Sales 1,804 1,963 -8.1% Gross Margin 62.2% 63.0% -0.8 ppt Operating Expenses (213) (207) +2.9% Operating Margin 50.4% 52.4% -2.0 ppt Non-Operating Items 36 (15) -335% Taxes (188) (175) +7.2% Net Income 758 839 -9.6% Net Margin 42.
Slide 4: Balance Sheets – 2018
ACX Balance Sheets – 2018 (M NTD) Dec. 31, 2018 Dec. 31, 2017 Cash and Cash Equivalents 1,709 45% 2,284 61% Accounts Receivable 324 9% 345 10% Inventory 130 3% 109 3% Net PP&E 1,101 29% 990 26% Other Assets 534 14% 32 0% Total Assets 3,798 100% 3,760 100% Current Liabilities 454 12% 424 11% Noncurre
Slide 5: Cash Flows – 2018/1~4Q
ACX Cash Flows – 2018/1~4Q (M NTD) 2018 2017 Beginning Balance 2,284 2,356 Cash from Operating Activities 893 979 Cash from Investing Activities (716) (326) Cash from Financing Activities (752) (725) Ending Balance 1,709 2,284 Free Cash Flow 677 652 Remark：Free cash flow=Operating cash flow-capital
Slide 6: Financial Highlights – 2018/1~4Q
ACX Financial Highlights – 2018/1~4Q Key Indices 2018/1~4Q 2017/1~4Q Net Sales (M NTD) 1,804 1,963 Gross Margin (%) 62.2 63.0 Operation Income (M NTD) 909 1,029 Profitability Operation Margin (%) 50.4 52.4 Net Income (M NTD) 758 839 Earning Per Share (NTD) 10.98 12.15 Operating Days Sales Outstandin
Slide 7: Choose Wireless, Choose ACX
ACX Choose Wireless, Choose ACX Stock Code: 3152 TW http://www.acxc.com.tw 7