United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q1 2024 Earnings Presentation
14 slides from United Microelectronics's earnings presentation, Apr 24, 2024
Slide 1: UMC 1Q24 Financial Review
UMC 1Q24 Financial Review April 24, 2024
Slide 2: Note Concerning Forward-Looking Statements
NOTE CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as defined in the United S
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2024 2023 2023 1Q / Mar. 4Q / Dec. 1Q / Mar. Operating Revenues 54,632 54,958 54,209 Net Income Attributable to 10,456 13,195 16,183 Shareholders of the Parent EPS (NTD) 0.84 1.06 1.31 Cash and Cash Equivalents 119,431 132,554 171,834 Total Assets 567,073 559,18
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 1Q24 % 4Q23 % Change % Operating Revenues 54,632 100.0 54,958 100.0 (0.6) Gross Profit 16,899 30.9 17,806 32.4 (5.1) Operating Expenses (5,747) (10.5) (6,635) (12.1) (13.4) Net Other Operating Income and Expenses 513 1.0 1,252 2.3 (59.0) Operating
Slide 5: Statements of Comprehensive Income - YoY: 3 Months
Statements of Comprehensive Income - YoY: 3 Months Unit: NT$ M 2024 2023 Change % % Jan.~Mar. Jan.~Mar. % Operating Revenues 54,632 100.0 54,209 100.0 0.8 Gross Profit 16,899 30.9 19,224 35.5 (12.1) Operating Expenses (5,747) (10.5) (5,780) (10.7) (0.6) Net Other Operating Income and Expenses 513 1.
Slide 6: Balance Sheet Highlight – Mar. 31, 2024
Balance Sheet Highlight – Mar. 31, 2024 Unit: NT$ M Cash and Cash Equivalents 119,431 Funds and Investments 77,542 Property, Plant and Equipment 254,136 Total Assets 567,073 Current Liabilities 88,403 Long-term Credit / Bonds 43,450 Total Equity 378,228 UMC © 2024 6
Slide 7: Foundry ASP Trend: 12" Wafer Equivalent
Foundry ASP Trend : 12” Wafer Equivalent Unit: USD 2,000 1,000 0 1Q23 2Q23 3Q23 4Q23 1Q24 UMC © 2024 7
Slide 8: Foundry Segment Sales Breakdown by Geography
Foundry Segment Sales Breakdown by Geography 1Q24 4Q23 Europe Japan Europe Japan 8% 4% 11% 4% North North America America 25% 23% Asia Asia 63% 62% UMC © 2024 8
Slide 9: Foundry Segment Sales Breakdown by Customer Type
Foundry Segment Sales Breakdown by Customer Type 1Q24 4Q23 IDM IDM 18% 22% Fabless Fabless 82% 78% UMC © 2024 9
Slide 10: Foundry Segment Sales Breakdown by Application
Foundry Segment Sales Breakdown by Application 1Q24 4Q23 Others Others 16% 17% Communication Computer Communication Computer 48% 13% 47% 13% Consumer Consumer 23% 23% UMC © 2024 10
Slide 11: Foundry Segment Sales Breakdown by Technology
Foundry Segment Sales Breakdown by Technology 1Q24 4Q23 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 47% 0% 50% 0.25/0.35um 1% 0.25/0.35um 2% 4% 22/28nm 5% 22/28nm 33% 36% 0.15/0.18um 0.15/0.18um 11% 9% 0.11/0.13um 0.11/0.13um 9% 9% 90nm 90nm 10% 9% 40nm 40nm 65nm 14% 65nm 14% 18% 16% UMC © 2024 11
Slide 12: Quarterly Capacity
Quarterly Capacity Unit: in thousands FAB 3Q23 4Q23 1Q24 2Q24E WTK (6") 83 83 82 83 8A (8") 207 207 206 207 8C (8") 120 119 119 119 8D (8") 111 118 118 118 8E (8") 122 131 130 131 8F (8") 145 145 144 145 8S (8") 112 114 113 114 8N (8") 250 254 252 254 12A (12") 333 346 358 386 12i (12") 164 164 164
Slide 13: 2024 Foundry Capital Expenditure Plan
2024 Foundry Capital Expenditure Plan 8" 12" Total 5% 95% 3.3 billion USD UMC © 2024 13
Slide 14: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com
United Microelectronics Corporation (NEW) — Q1 2024 Earnings Presentation on 6ix