Slide 1: Advanced Ceramic X Corporation – Wireless SiP Solutions
ACX Advanced Ceramic X Corporation Wireless SiP Solutions 無線通訊整合元件與模組專家 November 27, 2019 1
Slide 2: Income Statements – 2019/3Q
ACX Income Statements – 2019/3Q (M NTD) 3Q19 2Q19 3Q18 QoQ YoY Net Sales 415 430 472 -3.4% -12.1% Gross Margin 59.0% 59.5% 63.2% -0.5 ppt -4.2 ppt Operating Expenses (59) (62) (56) -5.6% +6.1% Operating Margin 44.8% 45.0% 51.4% -0.2 ppt -6.6 ppt Non-Operating 7 14 5 -53.0% +36.8% Items Taxes (36) (4
Slide 3: Income Statements – 2019/1~3Q
ACX Income Statements – 2019/1~3Q (M NTD) 2019/1~3Q 2018/1~3Q YoY Net Sales 1,270 1,320 -3.7% Gross Margin 59.6% 62.1% -2.5 ppt Operating Expenses (173) (156) +11.2% Operating Margin 46.0% 50.3% -4.3 ppt Non-Operating Items 26 27 -2.2% Taxes (120) (138) -13.2% Net Income 491 553 -11.2% Net Margin 38
Slide 4: Balance Sheets – 2019/3Q
ACX Balance Sheets – 2019/3Q (M NTD) Sep.30, 2019 Sep. 30, 2018 Cash and Cash Equivalents 1,676 46% 1,724 47% Accounts Receivable 265 7% 341 9% Inventory 131 4% 140 4% Net PP&E 1,310 36% 1,050 29% Other Assets 254 7% 378 11% Total Assets 3,636 100% 3,633 100% Current Liabilities 480 14% 495 14% Nonc
Slide 5: Cash Flows – 2019/1~3Q
ACX Cash Flows – 2019/1~3Q (M NTD) 2019/1~3Q 2018/1~3Q Beginning Balance 1,709 2,284 Cash from Operating Activities 652 645 Cash from Investing Activities (3) (453) Cash from Financing Activities (682) (752) Ending Balance 1,676 1,724 Free Cash Flow 363 534 Remark：Free cash flow=Operating cash flow-
Slide 6: Financial Highlights – 2019/1~3Q
ACX Financial Highlights – 2019/1~3Q Key Indices 2019/1~3Q 2018/1~3Q Net Sales (M NTD) 1,270 1,320 Gross Margin (%) 59.6 62.1 Operation Income (M NTD) 585 664 Profitability Operation Margin (%) 46.0 50.3 Net Income (M NTD) 491 553 Earning Per Share (NTD) 7.11 8.01 Operating Days Sales Outstanding 63
Slide 7: Choose Wireless, Choose ACX
ACX Choose Wireless, Choose ACX Stock Code: 3152 TW http://www.acxc.com.tw 7