Unisem (m) Bhd. · MYX:UNISEM
Unisem (m) Bhd — Q1 2025 Earnings Presentation
12 slides from Unisem (m) Bhd's earnings presentation, Apr 24, 2025
Slide 1: 2025 1st Quarter Analyst Briefing
2025 1st Quarter Analyst Briefing 24 April 2025 Unisem (M) Berhad
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Unisem (M) Berhad ("Unisem" or the "Company") solely for use at the Company’s quarterly analyst briefing held virtually on 24 April 2025. The information contained in this presentation has not been independently verified. No representation, warranty
Slide 3: Consolidated Statements of Profit or Loss – Sequential Quarterly Comparison
Consolidated Statements of Profit or Loss Sequential Quarterly Comparison (in RM Thousand except EPS) 1Q 2025 % 4Q 2024 % Change Revenue 423,624 100.0 411,776 100.0 2.9% Revenue in USD ‘000 96,092 93,714 2.5% Cost of Sales 397,087 93.7 384,428 93.4 3.3% Gross Profit 26,537 6.3 27,348 6.6 -3.0% Opera
Slide 4: Consolidated Statements of Profit or Loss – Corresponding Quarterly Comparison
Consolidated Statements of Profit or Loss Corresponding Quarterly Comparison (in RM Thousand except EPS) 1Q 2025 % 1Q 2024 % Change Revenue 423,624 100.0 364,767 100.0 16.1% Revenue in USD ‘000 96,092 77,715 23.6% Cost of Sales 397,087 93.7 337,304 92.5 17.7% Gross Profit 26,537 6.3 27,463 7.5 -3.4%
Slide 5: 1Q 2025 Revenue & EBITDA
1Q 2025 Revenue & EBITDA • RM Revenue : RM423.6m vs RM411.8m (+2.9%) • USD revenue : USD96.1m vs USD93.7m (+2.5%) • EBITDA : RM70.7m vs RM72.8m (-2.9%) • EBITDA margin : 16.7% vs 17.7 % (-5.6%) 464.1 453.6 500 30.00% 439.7 424.4 423.6 411.8 409.7 394.6 378.7 354.0 25.00% 356.2 354.1 350.8 400 20.00%
Slide 6: 1Q 2025 Earnings
1Q 2025 Earnings • Gross Profit : RM26.5m vs RM27.3m (-3.0%) • GP margin : 6.3% vs 6.6% (-4.5%) • Net profit : RM6.0m vs RM8.7m (-31.0%) • Forex : RM1.7m gain vs RM3.8m loss (+145.5%) 100 25.00% 90 80 20.00% 70.4 65.5 70 56.3 51.2 60 15.00% 50 40 10.00% 29.1 26.7 24.0 30 19.0 16.8 20 5.00% 9.9 8.7 8
Slide 7: Revenue Breakdown by Products & Services
Revenue Breakdown No major changes By Products & Services 100% 16 14 16 13 14 16 15 15 15 14 14 14 90% 17 80% 70% 38 39 41 39 44 43 45 45 45 48 46 48 60% 47 50% 40% 30% 32 32 30 32 28 30 26 29 29 30 29 29 29 20% 10% 14 13 14 13 13 15 12 11 11 10 9 11 9 0% 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24
Slide 8: Revenue Breakdown by Market Segments
Revenue Breakdown Increase in automotive segment By Market Segments 100% 13 14 15 14 90% 17 17 17 18 17 19 18 19 22 80% 17 18 18 18 18 18 16 17 17 18 18 18 70% 20 12 12 12 12 11 60% 13 12 11 11 12 12 12 11 50% 40% 33 33 32 33 35 32 31 32 34 29 30 35 28 30% 20% 25 23 23 23 22 24 22 10% 20 19 21 17 21
Slide 9: Selective Information from Consolidated Statements of Financial Position
Selective Information from Consolidated Statements of Financial Position Net cash at 31 March 2025 RM20.6 million 31 Mar 2025 31 Dec 2024 Change (in RM Thousand) Property plant & equipment 2,146,481 2,099,271 2.2% Cash and Bank Balances 269,986 278,353 -3.0% Group term loan & bank 249,351 187,107 33
Slide 10: Capex & Headcount
Capex & Headcount • Capex incurred in 1Q25 : RM108.8 m mainly for the packaging and test equipment at Unisem Chengdu. • Group Headcount was at 6,814 in end March 2025. 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 Capex 87.9 62.9 77.0 82.3 84.4 85.5 91.6 84.5 108.8 (RM ‘mil) Headcount 5,820 5,746 5,6
Slide 11: 1Q 2025 Highlight
1Q 2025 Highlight • Unisem Simpang Pulai - utilisation rates for wafer bumping and assembly & test were low. • Unisem Gopeng – assembly / test equipment set up is on- going; started production. • Unisem Chengdu – utilisation rates improved further in Q1; strong demand from power management customers
Slide 12: Thank You
Thank You Unisem (M) Berhad