Taiwan Union Technology — Q1 2025 Earnings Presentation

6 slides from Taiwan Union Technology's earnings presentation, May 8, 2025

Slide 2: Statements of Comprehensive Income
Statements of Comprehensive Income 1Q25 1Q25 Over Over (In NT$ millions unless otherwise noted) 1Q25 4Q24 1Q24 4Q24 1Q24 Net Revenue 6,372 6,310 4,433 1.0% 43.7% Gross Margin 24.1% 23.2% 22.8% 0.9 ppts 1.2 ppts Operating Expenses 598 531 447 12.5% 33.6% Operating Margin 14.7% 14.8% 12.7% -0.1 ppts 1
Slide 3: 1Q25 CCL Revenue by Technology
1Q25 CCL Revenue by Technology
Slide 4: Balance Sheets & Key Indices
Balance Sheets & Key Indices Selected Items from Balance Sheets 1Q25 4Q24 1Q24 (In NT$ millions) Amount % Amount % Amount % Cash & Marketable Securities 6,831 25% 7,037 27% 5,582 29% Accounts Receivable 8,954 33% 8,691 35% 6,217 31% Inventories 3,948 15% 3,189 12% 2,365 11% Long-term Investments 0%
Slide 5: Cash Flows
Cash Flows (In NT$ millions) 1Q25 4Q24 1Q24 Beginning Balance 6,280 6,245 4,958 Cash from operating activities 543 886 (87) Capital expenditures (417) (581) (143) Short-term loans (393) 83 (35) Investments and others (78) (353) (17) Ending Balance 5,934 6,280 4,677 Free Cash Flow* 126 306 (230) * Fr