1Q26 Results Conference
May 11, 2026
Agenda
1Q26 Financial & Operating Results
Business Outlook
Commitment to ESG
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1Q26 Financial & Operating Results
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1Q26 Consolidated Income Statement
1Q26 Net Income Increased 93% QoQ; EPS Increased 92% QoQ
NT$ Million | 1Q26 % | 4Q25 % | QoQ % | 1Q25 % | YoY % | |
Net Sales | 22,871 | 100.0 | 23,077 100.0 | -0.9 | 23,281 100.0 | -1.8 |
COGS | (19,178) | (83.9) | (19,210) (83.2) | (18,974) (81.5) | ||
Gross Profit | 3,693 | 16.1 | 3,867 16.8 | -4.5 | 4,308 18.5 | -14.3 |
Operating Expense | (1,967) | (8.6) | (2,316) (10.0) | (2,163) (9.3) | ||
Operating Profit | 1,726 | 7.5 | 1,551 6.7 | 11.3 | 2,145 9.2 | -19.5 |
Non-Operating Income1 | 45 | 0.2 | (380) (1.6) | NA | 136 0.6 | -67.3 |
Profit Before Tax | 1,771 | 7.7 | 1,172 5.1 | 51.1 | 2,281 9.8 | -22.4 |
Tax | (113) | (0.5) | (177) (0.8) | (480) (2.1) | ||
Net Income | 1,456 | 6.4 | 754 3.3 | 93.1 | 1,592 6.8 | -8.6 |
After Tax EPS | 2.00 | 1.04 | 92.3 | 2.19 | -8.7 | |
Profit Margins | ||||||
GPM | 16.1% | 16.8% | -0.7ppt | 18.5% | -2.4ppt | |
OPM | 7.5% | 6.7% | +0.8ppt | 9.2% | -1.7ppt | |
NPM | 6.4% | 3.3% | +3.1ppt | 6.8% | -0.4ppt | |
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1Q26 Consolidated Balance Sheet
Healthy Balance Sheet with NT$13.5B Net Cash; Debt Ratio 55%
NT$ Million | 1Q26 % | 4Q25 | % | 1Q25 | % |
Cash & Equivalent | 27,796 25.8 | 21,360 | 21.1 | 27,883 | 26.8 |
Accounts Receivable | 21,884 20.3 | 22,128 | 21.9 | 20,944 | 20.1 |
Inventories | 17,683 16.4 | 16,465 | 16.3 | 17,255 | 16.6 |
Current Assets | 79,921 74.1 | 73,394 | 72.7 | 77,255 | 74.2 |
Total Assets | 107,903 100.0 | 100,995 | 100.0 | 104,180 | 100.0 |
Short Term Debt | 14,054 13.0 | 8,702 | 8.6 | 6,001 | 5.8 |
Current Portion of long-term liabilities | 66 0.1 | 67 | 0.1 | 66 | 0.1 |
Accounts Payable | 22,203 20.6 | 21,818 | 21.6 | 22,155 | 21.3 |
Current Liabilities | 58,336 54.1 | 48,019 | 47.5 | 54,924 | 52.7 |
Long Term Debt | 131 0.1 | 151 | 0.1 | 198 | 0.2 |
Total Liability | 59,102 54.8 | 48,709 | 48.2 | 55,814 | 53.6 |
Equities | 48,801 45.2 | 52,286 | 51.8 | 48,366 | 46.4 |
Book Value Per Share | 56.72 | 60.92 | 56.59 | ||
Net Cash | 13,546 | 12,439 | 21,617 | ||
Current ratio (X) | 1.37 | 1.53 | 1.41 | ||
Debt Ratio | 55% | 48% | 54% | ||
6
Continue Delivering Solid Revenue Growth
Secure resources for global top tier customers, with a balanced and diversified product portfolio
(NT$ mn)
77,018 78,156
87,260
+2.4%
CAGR
92,552 95,082
107,474
115,748
98,323 101,478
95,661
22,871
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26
*Organic Growth
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Business Outlook
8
April Revenue was NT$7.3B YTD Revenue was NT$30.1B
NT$M
10,000
9,000
2025 20268,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
2025 | 7,518 | 7,291 | 8,473 | 8,025 | 8,124 | 8,346 | 8,041 | 8,483 | 8,284 | 7,432 | 7,735 | 7,910 |
2026 | 7,695 | 6,373 | 8,803 | 7,273 |
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80% Dividend Payout Ratio for 2025 Earnings
Earnings Per Share Dividend Per Share Dividend Payout %
81%
75%
73%
70%
71%
70%
73%
75%
80%
80%
12.43
8.45
7.80
8.71
10.26 10.35
7.50
7.80
10.00
9.05
7.20
5.24
4.25
5.92
4.45
5.22
3.80
5.90
5.50
6.10
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
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Realize Sustainable Growth in the Tech Space
Commitment to ESG11
Actively Facilitate ESG Development
Our Sustainability Targets & ESG Results
Science-Based Targets by 2030 Officially approved by SBTi in September 2022 Scope 1+2 emission target: 56.8% reduction
Greenhouse gas emission intensity decreased from 1.48 in 2020 to 0.52 in 2025, down 65%, well ahead of targetScope 3 emission target: 44.2% reduction
Greenhouse gas emission decreased 51% from 2020 to 2025Join RE100
We promised to use 100% renewable electricity by 2030
Chicony used 58% renewable energy in 2025Net Zero by 2050
Committed to cutting greenhouse gas emissions to zero by 2050
2026 Global Views ESG Corporate Sustainability Awards
Chicony Electronics has been honored with the"Distinction Award in Integrated Performance -Electronic & Technology Industry"
Corporate Governance TSEC Review for
Listed and OTC Companies
Ranked among top 6~20% in the 2025 review of corporate governance of listed and OTC companies
Diversified and Equal Opportunities
In 2025, the percentage of our worldwide female employees was 59.16%
In 2025, the percentage of female managerial personnel was 15.98%
Water Conservation
Total water withdrawal intensity decreased from 0.0257
in 2021 to 0.019 in 2025, down by 26%
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Thank You!Provide Customer Satisfaction | Ensure Welfare of Employees Create Company Development | Shape Good Human Relations
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