Chang Wah Technology Co., Ltd. · TPEX:6548
Chang Wah Technology — Q3 2024 Earnings Presentation
15 slides from Chang Wah Technology's earnings presentation, Nov 4, 2024
Slide 1: CWTC (6548 TT)
November 4, 2024 CWTC (6548 TT)
Slide 2: Forward-looking Statement
Forward-looking Statement Information included in this press release that are not historical in nature are "forward looking statements“. CWTC cautions readers that forward looking statements are based on CWTC’s reasonable knowledge and current expectations and are subject to various risks and uncert
Slide 3: Agenda
Agenda 3Q24 Financial Results 4Q24 Outlook 3
Slide 4: Statements of Comprehensive Income (Quarterly)
Statements of Comprehensive Income (Quarterly) NT$ mn 3Q24** 2Q24 QoQ 3Q23 YoY Revenue 3,128 2,953 6% 2,840 10% Gross Profit 788 743 6% 609 29% Operating Profit 468 426 10% 289 62% Non-Opersting Items 38 209 -82% 245 -84% Pretax Income 506 635 -20% 533 -5% Tax Expenses 73 115 -37% 107 -32% Net Incom
Slide 5: Revenue by Front-end process (Quarterly)
Revenue by Front-end process (Quarterly) 3Q 2024 3Q 2023 Stamping Etching Stamping Etching 47% 53% 52% 48% * Classified by sales amount (US$) 5
Slide 6: Revenue by Front-end process (semiannual)
Revenue by Front-end process (semiannual) 1~3Q 2024 1~3Q 2023 Stamping Etching Stamping Etching 48% 52% 52% 48% * Classified by sales amount (US$) 6
Slide 7: Revenue by Product (Quarterly)
Revenue by Product (Quarterly) 3Q 2024 3Q 2023 EMC- EMC- QFN QFN 9% 9% Discrete IC Discrete IC 17% 33% 19% 36% QFN QFP QFN QFP 26% 15% 22% 14% Discrete：small outline transistor, SOT 註：依銷售金額分類(美元) 7
Slide 8: Revenue by Product (semiannual)
Revenue by Product (semiannual) 1~3Q 2024 1~3Q 2023 EMC- EMC- QFN QFN 9% 11% Discrete IC Discrete 18% 32% 20% IC 37% QFN QFP QFN 18% QFP 25% 16% 15% Discrete：small outline transistor, SOT 註：依銷售金額分類(美元) 8
Slide 9: Revenue by Application (Quarterly)
Revenue by Application (Quarterly) 3Q 2024 3Q 2023 Others Others 3% 3% Industrial Industrial 20% 23% 3C 3C 43% 42% Automotive Automotive 31% 35% 註：依銷售金額分類(美元) 9
Slide 10: Revenue by Application (semiannual)
Revenue by Application (semiannual) 1~3Q 2024 1~3Q 2023 Others Others 3% 3% Industrial Industrial 20% 21% 3C 3C 43% 42% Automotive Automotive 33% 35% 註：依銷售金額分類(美元) 10
Slide 11: Balance Sheet
Balance Sheet NT$ mn 3Q24* 2Q24 1Q24 4Q23 Cash & Marketable Securities 5,849 6,595 6,243 6,040 Accounts Receivable 2,666 2,436 2,293 2,279 Inventories 2,310 2,030 1,824 1,931 Net PP&E 3,678 3,805 3,914 3,857 Total Assets 22,170 21,449 20,417 19,967 Current Liabilities 5,535 5,909 5,981 6,310 Total L
Slide 12: Cash Flow Statement
Cash Flow Statement NT$ mn 3Q24** 2Q24 1Q24 4Q23 Beginning Balance 6,489 6,151 5,946 5,933 Cash from operating activities 218 305 745 573 Capital expenditures (54) (92) (89) (184) Cash dividends (402) (374) (374) (373) Short-term loans (233) (82) (300) 499 Bonds payable 0 0 0 0 Investments and other
Slide 13: 4Q24 Outlook
3Q24 Financial Results 4Q24 Outlook 13
Slide 14: 4Q24 Guidance
4Q24 Guidance Based on our current business outlook, the management expects: • Revenue to be between NT$ 3.15 bn and NT$ 3.34 bn Based on the exchange rate assumption of 1 US dollar to 32 NT dollar, the management expects: • Gross margin to be between 23.9% and 26.9% • Operating margin to be between
Slide 15: Q&A – IR
Q&A Investor Presentation – IR cwtkh@cwtcglobal.com 15