Slide 1: 2Q 2020 Investor Conference
2Q 2020 Investor Conference August 20, 2020 Deputy Spokesman: Joseph Chuang Tel: 886-3-5786005 ext.3120 E-mail: joseph@sunplus.com Make difference
Slide 2: Sunplus Affiliates
Sunplus Affiliates Profession Shareholding Stock code Sunplus Technology Co., Ltd. (592m shares) 100% TWSE#2401 Automotive IC & IP Design Generalplus Technology Co., Ltd. (109m shares) 48% TWSE#4952 Speech/Music, LCD, Digital Video & Image SoC Turnkey Solutions, Micro-Controllers Sunplus Innovation
Slide 3: Sunplus Group
Sunplus Group Sunplus Innovation Technology Generalplus Technology UVC & HID Application Consumer IC/ Wireless charger Automotive/Audio/DVD IC & IP Jumplux Technology Sunext Technology Automotive MCU & USB Intelligent Driving & Ultra Media Controller High-Definition Disc , Make difference 2
Slide 4: Sunplus Product Portfolios
Sunplus Product Portfolios AVM/BSD In-Vehicle CD/ DVD Player Infotainment RSE Karaoke/Video boombox Display Audio Soundbar , Make difference 3
Slide 5: Plus1: Share Smart Computing Chiplet Structure
Plus1：Share Smart Computing Chiplet Structure Peripheral (P) chip Computing (C) chip GPIO/ I2C/ USB/ UART/ MIPI CPU/ NPU/ GPU / DSP 130nm 55nm 40nm 28nm 16nm 12n 7nm 製程 m <$200K <$400K <$700K <$1M <$3M <$4M >$7M 光罩費用 將界面週邊P與高運算力C 區隔為兩個不同的晶粒(Chiplet) , Make difference 4
Slide 6: Industrial Gateway, Education
Industrial Gateway, Education SUNPLUS SP7021 Inside Plug and Play type of features , Make difference 5
Slide 7: + AI on (your) Chip
+ AI on (your) Chip , Make difference 6
Slide 8: IP Solutions
IP Solutions -Experience Optimized IP Solutions for SoC Design IC Design & IP Design Service Media I/F (Audio/Video) MIPI RX IP，HDMI Tx IP，LVDS IP， AUDIO ADC AUDIO DAC，VIDEO DAC… Data/Com I/F (Networking/Datacom) 10/100 ETHERNET PHY，USB 2.0，USB 3.0 DDR 3/2 PHY，SerDes… SoC Companion SAR ADC，Pipeline
Slide 9: Human Resources
Human Resources Global Employees Production Administration 7% Global Employees/ R&D 26% R&D 1,074 / 724 67% 40% Master above Sunplus HR Other 34% Sunplus HR/ R&D R&D 315 / 208 66% 59% Master above * Data by 2020/6/30 , Make difference 8
Slide 10: Q2 Consolidated Results
Q2 Consolidated Results (NT$ million) 2020Q2 2020Q1 2019Q2 QoQ YoY Net Sales 1,530 100% 1,042 100% 1,532 100% 47% (0%) COGS 844 55% 554 53% 886 58% 52% (5%) Gross Margin 685 45% 489 47% 646 42% 40% 6% R&D Expenses 380 25% 363 35% 379 25% 5% 0% SG&A Expenses 204 13% 173 17% 195 13% 18% 5% Operating N
Slide 11: 1H Consolidated Results
1H Consolidated Results (NT$ million) 2020 1H 2019 1H YoY Net Sales 2,572 100% 2,711 100% (5%) COGS 1,398 54% 1,561 58% (10%) Gross Margin 1,174 46% 1,150 42% 2% R&D Expenses 734 29% 736 27% (0%) SG&A Expenses 378 15% 385 14% (2%) Operating Net Profit (Loss) 52 2% 29 1% 83% Non-Op. Gain (Loss) 21 1%
Slide 12: 2020 Affiliates' Contribution
2020 Affiliates’ Contribution 2Q '20 Net Sales : 1,530 MNT$ 2Q '20 Net Income MNT$ Others Sunplus 6% 13% 109 SunplusIT 80 31% 46 Generalplus Sunplus Generalplus SunplusIT 50% 1H '20 Net Sales : 2,572 MNT$ 1H '20 Net Income MNT$ Others Sunplus 7% 18% 139 SunplusIT 99 27% Sunplus Generalplus SunplusIT
Slide 13: Q2 Consolidated Balance Sheet
Q2 Consolidated Balance Sheet Amount: NT$mil ion Total Assets Cash & S-T Investment Account Receivable Inventory L-T investment (equity method) Intangible Assets Total Liabilities Account Payable Total Shareholder Equity Net Cash Folw in(out) From Operation From Investment From Financing Capex 1H'06
Slide 14: Cash Flows
Cash Flows (NT$ million) 2020Q2 2020Q1 2019Q2 QoQ YoY From Operation 67 (182) 152 (136.6%) (56.0%) From Investment (400) (24) (277) 1564.0% 44.6% From Financing 107 (63) 5 (269.5%) 1936.7% Net Cash Flow in (out) (229) (269) (117) (14.7%) 96.0% Cash and Cash equivalents 2,523 2,752 2,978 (8.3%) (15.3
Slide 15: Non-Operating Gain
Non-Operating Gain (NT$ million) 2020Q2 2020Q1 2019Q2 QoQ YoY Other Income 37 19 27 96% 37% Exchange Gain (Loss) (10) (5) (8) 87% 30% Gains on Financial Assets (Liabilities) 26 (49) 0 (153%) 18618% at Fair Value through Profit or Loss Investment Gain Recognized under 7 (6) 1 (215%) 865% Equity Metho
Slide 16: Consolidated Net Sales & Gross Profit
Consolidated Net Sales & Gross Profit NT$ million GP YoY: GP YoY: +6% +2% GP QoQ: +40% 47% 45% 42% 46% 42% 2,711 2,572 1,532 1,530 1,150 1,174 646 1,042 685 489 2Q '19 1Q '20 2Q '20 1H '19 1H '20 COGS Gross Profit Gross Margin COGS Gross Profit Gross Margin , Make difference 15
Slide 17: R&D Expenses (Sunplus only)
R&D Expenses (Sunplus only) NT$ million 69% 59% 44% 49% 41% 43% 149 144 136 139 129 130 1Q '19 2Q '19 3Q '19 4Q '19 1Q '20 2Q '20 R&D Expense R&D Expense of Sales , Make difference 16
Slide 18: Consolidated Operating Net Profit
Consolidated Operating Net Profit NT$ million YoY: +39% YoY: +83% QoQ: -309% 1% 2% 100 72 52 4.7% 6.6% 29 2Q '19 1Q '20 -5% 2Q '20 (48) 1H '19 1H '20 Operating Net Profit Operating Margin Operating Net Profit Operating Margin , Make difference 17
Slide 19: Consolidated Net Profit
Consolidated Net Profit NT$ million YoY: +634% YoY: -692% QoQ: -137% 13 46 0% 6 0.4% 3.0% 1H '19 1H '20 -3% 2Q '19 1Q '20 2Q '20 -12% (79) (125) Net Profit Net Profit Margin Net Profit Net Profit Margin , Make difference 18
Slide 20: Financial Statement
Financial Statement 1 0.72 42% 40% 43% 46% 42% 40% 0.2 8.47 0.01 0.03 -0.13 7.56 6.82 6.08 5.51 2.57 2015 2016 2017 2018 2019 2020 1H Consolidated Net Sales (BNT$) Gross Margin EPS , Make difference 19
Slide 21: Q&A
Q&A , Make difference
Slide 22: SunplusiT
SunplusiT - Smart Imaging and Man-Machine Interaction Enabler UVC Application HID Application NB Cam Backend ISP MCU Web Cam RF Dashboard Cam Optical Sensor Document Scanner Controller Easy Gesture Solution , Make difference 21
Slide 23: Sunext IC Solutions
Sunext IC Solutions - Driving to Intelligent Automation Intelligent Driving Ultra High-Definition 3D Printer 4K UHD BD Barcode Printer HD BD IP CAM Driver USB DVD/CD for Automotive , Make difference 22
Slide 24: Jumplux
Jumplux - Automotive MCU for Mobile Device USB Media HUB for CarPlay USB PD + Wireless Charger 48V PMIC + MCU USB PD/BC , Make difference 23