Sitronix Technology Corp. · TWSE:8016
Sitronix Technology — Q3 2023 Earnings Presentation
11 slides from Sitronix Technology's earnings presentation, Jan 18, 2024
Slide 1: Sitronix Technology Corp. 3Q 2023 Results
Sitronix 8016.TW Sitronix Technology Corp. 3Q 2023 Results Investor Presentation 2024/Jan Sitronix Public and External Use Sitronix Confidential. Do Not Copy or Distribute. © 2023 Sensortek External Use 1
Slide 2: Safe Harbor Statement
The contents of this presentation are based on available information, and the Company’s views when made. The information in this presentation may contain descriptions of the future prospects of the Company and its subsidiaries, and are subject to risks and uncertainties, which may cause actual resul
Slide 3: About Sitronix Group
About Mission & Task Sitronix “Achieve the highest level of customer satisfaction Group with the most competitive cost and quality” Business Model Company Profile • The global market leader in small-sized display driver IC (DDIC) Sitronix Technology Corp Group mature technology, commanding a decisiv
Slide 4: Group members
Sensors Group Wearable devices Optical sensors members Consumer electronics Feature phone MEMS sensors Sitronix Confidential. Do Not Copy or Distribute. 4
Slide 5: Consolidated Revenue Update
Consolidated Revenue Update ■ 4Q23: revenue increased by 7.37% QoQ, and increased 17.74% YoY. ■ 2023 YTD: as of December 2023, accumulated unaudited consolidated revenue is NT $16,722,891 thousand, a decrease of 7.24% YoY. Summary 3Q23 2Q23 1Q23 Q/Q 3Q22 Y/Y Revenue 4,201,548 4,409,563 3,600,616 -4.
Slide 6: Sales Mix
Sales Mix ■ AIoT DDI : consumer electronics demand for holiday season remain conservative. ■ Industrial DDI : Industrial seasonality weak in 2H. ■ Sensor : the overall inventory reduction of China's mobile supply chain has finished and began restocking; Chinese brands reviving consumers' attention;
Slide 7: Income Statement
Income Statement NT$ 2020 2021 2022 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Sales ( 000’NTD) 13,804,562 22,255,670 18,027,827 5,593,610 4,537,216 4,065,580 3,831,421 3,600,616 4,409,563 4,201,548 Gross Prof. 34% 56% 46% 54% 53% 42% 30% 30% 35% 37% Margin % Opex to Sales % 18% 19% 19% 19% 21% 21% 18% 20%
Slide 8: Operation Indicator
Operation Indicator - Inventory reaches peak in 3Q 2022; back and maintain to normal levels since 2Q. - Inventory restocking began at the end of 1Q23. 2020 2021 2022 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Inv. turnover days 70 74 128 102 180 205 167 134 96 99 AR turnover days 37 27 32 32 37 35 33 30 28
Slide 9: ESG Performance
■ Published latest Sustainability report on website and secured external verification. ■ 2023 – Ranked 2022 TWSE Corporate Governance Evaluation Top 6~20% among all the listed companies. ■ 2023 - Sitronix (parent company) has published a greenhouse gas inventory report and obtained external verifica
Slide 10: Q&A
Q&A 10
Slide 11: Thank You
Thank You Sitronix External The information contained herein is the exclusive property of Sitronix and shall not to be distributed, reproduced, or disclosed in whole or in part without prior written permission of Sitronix. © 2023 Sitronix Technology Corporation. All rights reserved. Sitronix Externa