EMC — Investor Presentation 2022

Sep 5, 2022

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台光電子材料股份有限公司 全球環保暨高階基材的領航者

法人說明會簡報 111年8月

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免責聲明

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本簡報之內容可能包括本公司基於從各項來源所取得的資訊， 對於營運、財務狀況與企業發展情形的前瞻性預估。 因為包括但不限於市場需求、價格波動、競爭態勢、供應鏈變 動、全球經濟局勢、匯率波動及其他本公司無控制力之風險等 各種因素，實際的營運、財務狀況與企業發展情形，可能會與 本公司於預測中明示或默示敘述有差異。 本簡報之內容若有對未來之前瞻性預估，僅反映本公司於發佈 當時之看法。本公司並無義務於日後情況變更時，更新前瞻預 估。

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2021年無鹵材料全球市佔第一

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Global Green Laminate Market

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5G 基礎建設發展的趨勢: 無鹵, 高密速連結, 高速, 高頻

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Halogen Free HDI High Speed AAU AiP MIMO[RRU] Phone-5G High Frequency BBU mmWave Phone-4G ADAS Phone-3G 77GHz AI Server Switch-800G 26.56 GHz Server- PCIe5 Infotainment NB- USB4.0 Switch-400G 16GHz 14GHz E-Mobility

NB- USB3.0

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Switch-100G ECU Server- PCIe4 12.89GHz 8GHz Server- PCIe3 Switch-40G 4GHz 5GHz

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高階CCL ( HDI & 高速高頻)

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• High-end CCL market grows at 15% CAGR (2022-2025)

• Overall CCL market grows at 5% CAGR (2022-2025)

Overall CCL Market

High-end CCL Market

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Source: Goldman Sachs Global Investment Research, July 2022

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未來三年，全球伺服器產值將有強勁的成長

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EMC expects to gain significant share in current and next generation platform

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Source: CLST, 2022/6

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交換器產品在未來幾年仍具備高成長性

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EMC expects to gain significant share in 400G platform

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Source: Arista, 2022/5

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5G 手機出貨量穩健成長

EMC takes the significant majority share in the 5G smart phone application dominating in HDI from standard layer, any layer, through SLP CCL

Unit: Million

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Source：IDC, HSBC estimates, 2021/7

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在美國具有CCL的生產據點

EMC is the only CCL manufacturer, among all Taiwanese & Chinese makers, having production capacity in the USA meeting President Biden’s “Made in USA” initiative requirement.

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9433 Hyssop Dr, Rancho Cucamonga, CA 91730, United States

Arlon, a CA-based company at Rancho Cucamonga, makes specialty laminates and prepregs for PCBs used in the aerospace, defense and semiconductor industries, also known as Arlon EMD.

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生產基地及月產能

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EMC monthly laminate capacity will increase by 30% and reach 4.6mn sheets/mon in 3Q,2023

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EMC (HS)
Huangshi
CCL: 900k sheets
PP: 4.8kk meters
Manpower: 700+
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EMC (KS) Kunshan CCL: 1.35kk sheets PP: 3.3kk meters Manpower: 1,200+ +300K SHT/M in 1Q, 2023 +450K SHT/M in 3Q,2023 EMC (TW) Taoyuan CCL: 500k sheets PP: 1.8kk meters Manpower: 600+ +300K SHT/M in 2024 EMC (TW) Hsinchu CCL: 150k sheets PP: 1.1kk meters Mass Lam: 800k ft2 Metal Core: 40k pnls Manpower: 200+ EMC (ZS) Zhongshan CCL: 950k sheets PP: 2.1kk meters Manpower: 900+

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- 公司簡介 全球生產基地及主要據點

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Japan
UK Kunshan, China
MN MN Germany
MN Huangshi, China
OH
Korea
SJ & SA, CA
Zhongshan, China
RC, CA France
CA
Taiwan,
HQ
Production facility
Distributor
Representative office
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企業社會責任報告書

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營收穩定成長

營收：新台幣億元

400.0 2003 ： 23.76 億元 → 2021 ： 385.0 億元 350.0 (2003 ~ 2021)18 年 GAGR=17.0% 300.0 250.0 200.0 150.0 100.0 50.0 0.0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

營收

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經營績效穩定成長

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每股現金股息暨股息配發率

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元
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損益表摘要

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單位:新台幣百萬元

營業收入 營業毛利 營業利益

繼續營業部門稅前淨利 所得稅費用 稅後淨利

基本每股盈餘(新台幣元)

營業毛利率(%) 營業利益率(%) 稅後淨利率(%)

2Q22 1Q22 QoQ 2Q21 YoY 9,983 9,918 0.7% 9,558 4.4% 2,297 2,478 -7.3% 2,346 -2.1% 1,454 1,651 -11.9% 1,596 -8.9% 1,448 1,669 -13.2% 1,598 -9.4% (364) (343) 6.1% (347) 4.8% 1,084 1,326 -18.3% 1,251 -13.3% 3.25 3.98 -18.3% 3.75 -13.3% 23.0% 25.0% 24.5% 14.6% 16.6% 16.7% 10.9% 13.4% 13.1%

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資產負債表摘要

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單位:新台幣百萬元

單位:新台幣百萬元 現金及約當現金 應收帳款+應收票據 存貨 不動產、廠房及設備 資產總計	2Q22 金額 百分比 9,596 21.5% 13,246 29.7% 6,196 13.9% 12,711 28.5% 44,653 100.0%	1Q22 2Q21 金額 百分比 金額 百分比 8,368 20.9% 6,696 20.0% 13,318 33.3% 11,970 35.7% 5,476 13.7% 4,837 14.4% 10,232 25.5% 7,437 22.2% 40,047 100.0% 33,516 100.0%
短期借款 應付帳款 長期借款	3,942 8.8% 8,869 19.9% 3,674 8.2%	4,397 11.0% 1,674 5.0% 7,891 19.7% 8,262 24.7% 774 1.9% 300 0.9%
業主權益	19,421 43.5%	21,652 54.1% 16,436 49.0%
負債及權益	44,653 100.0%	40,047 100.0% 33,516 100.0%

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Q & A

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