CHROMA — Call Transcript 2023

Apr 27, 2023

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致茂電子股份有限公司

2023年第1季業績發表電話會議

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財務長
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Disclaimer

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This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “plan”, “forecast”, “project”, “predict”, “potential”, “continue”, “may”, “should”, “will”, and “would” or similar words. You should consider these forward-looking statements carefully because such statements are only our expectations or projections about future events, and actual results may differ materially from those expressed or implied by such statements. The forward-looking statements in this presentation include, but are not limited to, growth rates for various markets estimated by third party sources, future products and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. You should be cautioned that the forward-looking statements are no guarantee of our future performance. The forward-looking statements contained in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law.

This presentation and the information contained herein are the property of Chroma Ate Inc.

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Agenda

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• 財務數據 • 營運概況 • 問與答

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財務數據

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		合併損益表 (單位:佰萬新台幣，除每股盈餘為新台幣元) 2023.1Q % 2022.4Q % QoQ % 2022.1Q % YoY % 淨營業收入 4,388 100% 6,074 100% (28%) 4,398 100% - 量測儀器事業部之合併營收(淨額) 4,049 92% 5,810 96% (30%) 3,474 79% 17% 威光自動化事業部之合併營收 283 7% 188 3% 51% 221 5% 28% 日茂特殊材料事業部之合併營收 0 0% 0 0% n/a 618 14% n/a 其他 56 1% 76 1% (26%) 85 2% (34%) 營業成本 (1,722) (39%) (3,300) (54%) (48%) (2,214) (50%) (22%) 營業毛利 2,666 61% 2,774 46% (4%) 2,184 50% 22% 營業費用 推銷管理費用 (1,042) (24%) (1,170) (19%) (11%) (946) (22%) 10% 研發費用 (437) (10%) (549) (10%) (20%) (400) (9%) 9% 營業淨利 1,187 27% 1,055 17% 13% 837 19% 42% 營業外收入及支出 59 1% 65 1% (9%) 167 4% (65%) 稅前淨利 1,246 28% 1,120 18% 11% 1,004 23% 24% 所得稅費用 (283) (6%) (206) (3%) 37% (147) (3%) 93% 本期淨利 963 22% 914 15% 5% 858 20% 12% 其他綜合損益淨額 (36) (1%) (190) (3%) (81%) 288 6% n/a 綜合損益總額 $ 927 21% $ 724 12% 28% $ 1,146 26% (19%) 淨利歸屬於: 本公司業主 937 21% 863 14% 9% 852 19% 10% 非控制權益 26 1% 51 1% (49%) 6 1% n/a $ 963 22% $ 914 15% 5% $ 858 20% 12% 每股盈餘(基本) $ 2.23 $ 2.05 9% $ 2.03 10% 每股盈餘(稀釋) $ 2.19 $ 2.00 10% $ 2.02 8% 5 2023 年第 1 季合併損益表摘要	合併損益表 (單位:佰萬新台幣，除每股盈餘為新台幣元) 2023.1Q % 2022.4Q % QoQ % 2022.1Q % YoY % 淨營業收入 4,388 100% 6,074 100% (28%) 4,398 100% - 量測儀器事業部之合併營收(淨額) 4,049 92% 5,810 96% (30%) 3,474 79% 17% 威光自動化事業部之合併營收 283 7% 188 3% 51% 221 5% 28% 日茂特殊材料事業部之合併營收 0 0% 0 0% n/a 618 14% n/a 其他 56 1% 76 1% (26%) 85 2% (34%) 營業成本 (1,722) (39%) (3,300) (54%) (48%) (2,214) (50%) (22%) 營業毛利 2,666 61% 2,774 46% (4%) 2,184 50% 22% 營業費用 推銷管理費用 (1,042) (24%) (1,170) (19%) (11%) (946) (22%) 10% 研發費用 (437) (10%) (549) (10%) (20%) (400) (9%) 9% 營業淨利 1,187 27% 1,055 17% 13% 837 19% 42% 營業外收入及支出 59 1% 65 1% (9%) 167 4% (65%) 稅前淨利 1,246 28% 1,120 18% 11% 1,004 23% 24% 所得稅費用 (283) (6%) (206) (3%) 37% (147) (3%) 93% 本期淨利 963 22% 914 15% 5% 858 20% 12% 其他綜合損益淨額 (36) (1%) (190) (3%) (81%) 288 6% n/a 綜合損益總額 $ 927 21% $ 724 12% 28% $ 1,146 26% (19%) 淨利歸屬於: 本公司業主 937 21% 863 14% 9% 852 19% 10% 非控制權益 26 1% 51 1% (49%) 6 1% n/a $ 963 22% $ 914 15% 5% $ 858 20% 12% 每股盈餘(基本) $ 2.23 $ 2.05 9% $ 2.03 10% 每股盈餘(稀釋) $ 2.19 $ 2.00 10% $ 2.02 8% 5 2023 年第 1 季合併損益表摘要
			2023.1Q %
		淨營業收入	4,388 100%
		量測儀器事業部之合併營收(淨額)	4,049 92%
		威光自動化事業部之合併營收	283 7%
		日茂特殊材料事業部之合併營收	0 0%
		其他	56 1%
		營業成本	(1,722) (39%)
		營業毛利	2,666 61%
		營業費用 推銷管理費用 研發費用	(1,042) (24%) (437) (10%)
		營業淨利	1,187 27%
		營業外收入及支出	59 1%
		稅前淨利 所得稅費用	1,246 28% (283) (6%)
		本期淨利	963 22%
		其他綜合損益淨額	(36) (1%)
		綜合損益總額	$ 927 21%
		淨利歸屬於: 本公司業主 非控制權益	937 21% 26 1%
			$ 963 22%
		每股盈餘(基本)	$ 2.23
		每股盈餘(稀釋)	$ 2.19

資產負債摘要及財務指標

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集團合併(單位：佰萬新台幣)		2023. March	2022. Dec	+ / - %
資產負債摘要
現金及流動金融資產		5,208	6,685	-	22%
存貨		5,096	4,753		7%
短期負債		980	2,024	-	52%
長期負債		607	1,165	-	48%
股東權益		19,408	21,873	-	11%
總資產		32,690	33,828		- 3%
存貨週轉天數		257	148
應收帳款週轉天數		83	72
應付帳款週轉天數		145	101
淨負債資產比(%)		Net Cash	Net Cash
股東權益報酬率(%)		18%	25%
資產報酬率(%)		11%	16%
現金流量(單位：佰萬新台幣)	2023.1Q	2022.1Q	YoY
未計利息稅項折舊及攤銷	1,433	1,179	22%
營業現金流入	545	809	(33%)
自由現金流量	13	1,164	n/a

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股東報酬率及資產報酬率皆已年化。

自由現金流量 = 營運活動之淨現金流入 + ( 投資活動之淨現金流出 ) 。

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營運概況

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2023 年第 1 季產品銷售佔比與合併營收明細

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		2023 年第 1 季產品銷售佔比與	合併營收明細	合併營收明細
		(單位:百萬新台幣)	2023.1Q % QoQ YoY
		量測及自動化檢測設備	2,330 77% 26% 49%	7,052 52%
		半導體/ Photonics 測試解決方案	388 13% (28%) (56%)	4,523 34%
		Turnkey Solutions	72 2% 11% (59%)	578 4%
		其它	226 8% (10%) (13%)	1,308 10%
		母公司營業收入	3,016 100% 12% 5%	13,461 100%
		+量測事業體海外據點及測試設備相關子公司	1,033 (67%) 70%	6,808
		致茂電子檢測設備事業體 (含海外量測事業子公司)	4,049 92% (30%) 17%	20,269 92%
		威光自動化 其他	283 7% 51% 28% 56 1% (26%) (34%)
		集團營收 (存續合併事業體)	4,388 100% (28%) 16%
			0 - n/a n/a 4,388 100% (28%) -

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Thank You

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