Nuvoton Technology Corporation · TWSE:4919
Nuvoton Technology — Q4 2022 Earnings Presentation
15 slides from Nuvoton Technology's earnings presentation, Feb 17, 2023
Slide 1: Nuvoton Technology Corporation 4Q'22 Investor Conference
Nuvoton Technology Corporation 4Q’22 Investor Conference February 17, 2023 1
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 4Q’22 Business Update Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Toy of innovation Pa UVvoTOon Nuvoton Financial Results
Slide 5: Statement of Comprehensive Income - Consolidated
Statement of Comprehensive Income - Consolidated 4Q’22 3Q’22 Y2022 Unit: NT$ M Amount % Amount % Amount % Net Revenue 9,569 100 10,400 100 41,872 100 Gross Profit 3,816 40 4,287 41 17,494 42 Operating Income 655 7 1,082 10 4,478 11 Non-Operating Income 140 1 55 1 629 1 Income before Income Tax 794 8
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated December 31 ’22 September 30 ’22 June 30 ’22 Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 10,398 28 10,446 30 11,350 31 Accounts Receivable 4,379 12 4,465 13 4,907 14 Other Receivable 424 1 441 1 735 2 Inventories 8,459 23 7,712 22 7,407 20 Long-Term In
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 4Q’22 3Q’22 2Q’22 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities (162) 1,051 1,658 Cash Flows from Investing Activities (742) (282) (574) Cash Flows from Financing Activities 881 (2,013) (87) Cash & Cash Equivalents 10,398 10,446 11,350 7
Slide 8: Revenue and GM Trend - Consolidated
Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 15,000 50% 44% 41% 41% 42% 42% 41% 39% 40% 36% 11,180 40% 10,615 10,722 10,400 10,072 10,380 10,389 10,000 9,569 9,869 30% 4,689 20% 4,342 4,702 4,287 5,000 3,920 4,266 4,328 3,534 3,816 10% 0 0% 4Q'20 1Q'21 2Q'21 3Q'21 4Q
Slide 9: Nuvoton 4Q'22 Business Update
Nuvoton 4Q’22 Business Update 9
Slide 10: 4Q'22 Revenue by 4C Applications
4Q’22 Revenue by 4C Applications Automotive& Q4’22 BMC BM-IC 14% Industrial EC HMI Q3’22 14% MCU IC Card Computer Super IO MCU TPM 44% 41% 23% 21% Communication & Audio IC 22% HDMI IC Others MCU MCU 21% Consumer MOSFET 10 Note: Foundry revenue was not included in the numbers .
Slide 11: Overall Highlight
Overall Highlight Cautiously monitor production and inventory but constantly invest in R&D even when facing the macroeconomic uncertainty Automotive-related products still followed the growing trend of xEV cars Steady expansion of general purpose MCU businesses to new territories
Slide 12: Nuvoton 4Q'22 Business Update (1)
Nuvoton 4Q’22 Business Update (1) Automotive & Industrial Passed the audit of ISO/SAE 21434 automotive cyber security management system (CSMS) Design-win of Motor IC to Taiwanese e-scooter customer Launched MA35D1 Series MPU based on dual 64-bit Arm® Cortex®-A35 and Cortex®-M4 cores targeted t
Slide 13: Nuvoton 4Q'22 Business Update (2)
Nuvoton 4Q’22 Business Update (2) Communication Market share of CSP MOSFET for smartphone and wearable devices increased year over year NuMicro M030G/M031G Series MCU focused on Optical Transceiver Solution won the 2022 “ASPENCORE World Electronics Achievement Awards (WEAA)” and “EE Times - Asia
Slide 14: Nuvoton 4Q'22 Business Update (3)
Nuvoton 4Q’22 Business Update (3) Computer Launched the world's first USB4 re-timer with built-in e-Marker and comply with the latest USB4®,USB 3.2, Thunderbolt™ 3, DisplayPort™ 2.0 DisplayPort™ Alt Mode standards Design-in of CSP MOSFET to NB battery protection, which passed customer evaluation
Slide 15: Questions & Answers
Questions & Answers Nuvoton Company Website: www.nuvoton.com 15