Aspeed Technology, Inc. · TPEX:5274

Aspeed Technology — Q3 2021 Earnings Presentation

17 slides from Aspeed Technology's earnings presentation, November 2021

  1. Slide 1: November, 2021

    November , 2021 ir@aspeedtech.com

  2. Slide 2: Safe Harbor Notice

    Safe Harbor Notice  ASPEED’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.  Except as required by law, we undertake no obligation

  3. Slide 3: Financial Review – Q3/'21 Income Statement

    Financial Review – Q3/’21 Income Statement Q3/21 Q2/21 Q3/21 over Q3/21 over Unit : NTD 1,000 2Q/21 3Q/20 NTD % NTD % Operating Revenue 939,334 100 916,436 100 2.50% 28.24% Gross Profit 615,058 65.48 598,267 65.28 2.81% 31.90% Operating Expenses 174,031 18.53 189,038 20.63 (7.94%) 5.76% Operating pr

  4. Slide 4: Consolidated Revenue

    Consolidated Revenue Unit : NTD 1,000 Quarterly Q1’20 Q2’20 Q3’20 Q1’21 Q2’21 Q3’21 YoY QoQ Revenue 732,368 901,353 732,508 750,515 916,436 939334 28.24% 2.50% Gross 62.41% 62.43% 63.66% 63.94% 65.28% 65.48% 2.85% 0.30% Margin © ASPEED Technology. Property and Confidential 4

  5. Slide 5: Consolidated Revenue

    Consolidated Revenue Unit : NTD 1,000 Year 2020H1 2021H1 YoY Revenue 2,366,229 2,606,285 10.15% Gross Margin 62.80% 64.97% 3.44% © ASPEED Technology. Property and Confidential 5

  6. Slide 6: Consolidated Operating Expenses

    Consolidated Operating Expenses Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q3'20 Q1'21 Q2'21 Q3'21 YoY QoQ Operating 164,409 173,124 164,545 173,737 189,038 174,031 5.76% (7.94%) Expenses © ASPEED Technology. Property and Confidential 6

  7. Slide 7: Consolidated Operating Expenses

    Consolidated Operating Expenses Unit : NTD 1,000 Year 2020Q1-Q3 2021Q1-Q3 YoY Operating Expenses 502,078 536,806 6.92% © ASPEED Technology. Property and Confidential 7

  8. Slide 8: Consolidated Operating Income

    Consolidated Operating Income Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q3'20 Q1'21 Q2'21 Q3'21 YoY QoQ Operating Income 292,644 389,568 301,777 306,116 409,229 441,027 46.14% 7.77% Operating Margin 39.96% 43.22% 41.20% 40.79% 44.65% 46.95% 13.96% 5.14% (%) © ASPEED Technology. Property and Confidentia

  9. Slide 9: Consolidated Operating Income

    Consolidated Operating Income Unit : NTD 1,000 Year 2020Q1-Q3 2021Q1-Q3 YoY Operating Income 983,989 1,156,372 17.52% Operating Margin (%) 41.58% 44.37% 6.69% © ASPEED Technology. Property and Confidential 9

  10. Slide 10: Consolidated Net Income

    Consolidated Net Income Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q3'20 Q1'21 Q2'21 Q3'21 YoY QoQ Net Income 218,206 322,765 233,130 246,830 301,469 344,262 47.7% 14.19% Net Profit Margin 29.79% 35.81% 31.83% 32.89% 32.90% 36.65% 15.16% 11.41% (%) © ASPEED Technology. Property and Confidential 10

  11. Slide 11: Consolidated Net Income

    Consolidated Net Income Unit : NTD 1,000 Year 2020Q1-Q3 2021Q1-Q3 YoY Net Income 774,101 892,561 15.30% Net Profit Margin (%) 32.71% 34.25% 4.68% © ASPEED Technology. Property and Confidential 11

  12. Slide 12: Consolidated TAX

    Consolidated TAX Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q3'20 Q1'21 Q2'21 Q3'21 YoY QoQ Tax 60,116 69,632 57,574 62,050 68,877 89,404 55.29% 29.80% TAX of Net Income before 21.60% 17.76% 19.81% 20.09% 18.60% 20.62% 4.09% 10.8% tax (%) © ASPEED Technology. Property and Confidential 12

  13. Slide 13: Consolidated TAX

    Consolidated TAX Unit : NTD 1,000 Year 2020Q1-Q3 2021Q1-Q3 YoY Tax 187,322 220,331 17.62% TAX of Net Income 19.48% 19.80% 1.61% before tax (%) © ASPEED Technology. Property and Confidential 13

  14. Slide 14: Consolidated Earning Per Share

    Consolidated Earning Per Share Unit : NT$ Quarterly Q1'20 Q2'20 Q3'20 Q1'21 Q2'21 Q3'21 YoY QoQ EPS $6.39 $9.46 $6.82 $7.21 $8.81 $10.04 47.21% 13.96% © ASPEED Technology. Property and Confidential 14

  15. Slide 15: Consolidated Earning Per Share

    Consolidated Earning Per Share Unit : NT$ Year 2020Q1-Q3 2021Q1-Q3 YoY EPS $22.64 $26.04 15.02% © ASPEED Technology. Property and Confidential 15

  16. Slide 16: Dividend Policy

    Dividend Policy 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cash dividend (F) 2.29 3.00 4.00 5.00 5.50 7.00 8.00 12.00 15.00 18.00 22.00 26.00 Stock dividend (F) 2.00 1.42 0.00 0.00 0.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 Dividend form 0.30 0.60 0.22 0.20 1.00 0.00 0.00 0.00 0.00 0.0

  17. Slide 17: Thank you

    Thank you © ASPEED Technology. Property and Confidential 17

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