Slide 1: WIN Semiconductors 1Q2025 Investor Conference
WIN Semiconductors 1Q2025 Investor Conference April 2025 WIN Semiconductors Confidential
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as
Slide 3: ESG Achievements
ESG Achievements WIN recognized in DJSI World Index for the fifth consecutive year. (2020~2024) WIN has been included in the S&P Global Sustainability Yearbook for the sixth consecutive year. (2020~2025) WIN ranked in the top 5% among TPEx-listed companies for the Corporate Governance Evaluati
Slide 4: Quarterly Results & Guidance
QUARTERLY RESULTS & GUIDANCE WIN Semiconductors Confidential 4
Slide 5: Revenue & Margin Trend
Revenue & Margin Trend 1Q25 consolidated revenue was NT$3.58b, down 3.5% QoQ and down 20% YoY. Due to an unfavorable product mix in 1Q25, WIN Semi’s individual gross margin was 21.9% . The consolidated gross margin was 16.7% and consolidated operating margin was -6.1%, decreasing by 3.7 and 4.8
Slide 6: Earnings Trend
Earnings Trend In 1Q25, net profit attributable to the parent company was NT$16 million, with EPS of NT$0.04. NT$M Earnings & growth trend NT$ EPS 800 1.50 600 1.00 400 200 0.50 0 0.00 -200 -400 (0.50) -600 (1.00) 2Q23 4Q23 2Q24 4Q24 3Q23 1Q24 3Q24 1Q25 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q23 Oper
Slide 7: Product Mix
Product Mix 1Q24 1Q25 Others* 15% Others* Wi-Fi 17% 10-15% Cellular 45-50% Cellular 30-35% Infra. 20-25% Wi-Fi 10-15% 4Q24 Others* 21% Cellular 25-30% Infra. 30-35% Wi-Fi 10-15% * Others: Revenue not attributable to main product segments and additional revenue being consolidated in accordance with I
Slide 8: Guidance
Guidance We expect 2Q25 consolidated revenue to increase low-teens QoQ. We expect 2Q25 consolidated gross margin to be around the level of high- teens to low twenties. WIN Semiconductors Confidential 8
Slide 9: Financial Summary
FINANCIAL SUMMARY WIN Semiconductors Confidential 9
Slide 10: Consolidated Statements of Comprehensive Income – Quarterly
Consolidated Statements of Comprehensive Income – Quarterly 1Q'25 Unit: NTD Million 1Q'24 4Q'24 QoQ YoY (unaudited) Net revenue 4,442 3,706 3,576 -4% -20% Gross profit 995 758 598 -21% -40% Gross margin (%) 22.4% 20.4% 16.7% Operating expenses (811) (806) (815) +1% +0% Operating expenses rate (%) -1
Slide 11: Non-operating Items
Non-operating Items 1Q'25 Unit: NTD Million 1Q'24 (unaudited) Foreign exchange gains (losses) (21) 113 Gains (losses) on disposals of property, plant and - 0 equipment Gains on financial liabilities at amortised cost 254 - Gain (losses) on financial assets (liabilities) at fair value 48 78 through p
Slide 12: Consolidated Balance Sheets
Consolidated Balance Sheets 2025/03/31 2024/3/31 2024/12/31 (Unit: NTD Million) Major Item (unaudited) $ % $ % $ % Cash and cash equivalents 5,592 9% 5,419 8% 5,546 9% Current financial assets at fair value through profit or loss 142 0.2% 183 0.3% 183 0.3% Notes and accounts receivable, net 1,188 2%
Slide 13: Q&A
Q&A For more information regarding WIN www.winfoundry.com For all inquiries, suggestions, and comments ir@winfoundry.com WIN Semiconductors Confidential 13