Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

GEMTEK Investor Presentation 2021

May 10, 2021

52434_rns_2021-05-10_0ef72eff-e3ce-4d46-85ff-3d85f8508957.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

Gemtek Investor Conference

May, 2021

Gemtek Confidential Distribution Prohibited

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

Safe Harbor Notice
----- End of picture text -----

• The following presentation may contain forward-looking statements regarding, among other things, our financial condition, future expansion plans and business strategies based on our current expectations and projections about future events. Although we believe that these expectations and projections are reasonable, such forward-looking statements are inherently subject to risks, uncertainties and assumptions.

• The company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise. The actual results could differ materially from those contained in these forward-looking statements.

==> picture [81 x 24] intentionally omitted <==

The Impact of US-China Confrontation

==> picture [81 x 24] intentionally omitted <==

U.S.– China Trade War

==> picture [720 x 354] intentionally omitted <==

Technology Confrontation

==> picture [720 x 354] intentionally omitted <==

Financial War

==> picture [720 x 352] intentionally omitted <==

Capacity Planning

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

Manufacturing Capacity
----- End of picture text -----

==> picture [235 x 97] intentionally omitted <==

==> picture [241 x 98] intentionally omitted <==

==> picture [224 x 99] intentionally omitted <==

Taiwan Vietnam China Hsinchu,Taiwan Ha Nam,Vietnam Kunshan & Changshu Capacity ≈12% ≈38% ≈ 50% (by production) Capacity ≈ 5% ≈ 40% ≈ 50% (by revenue) Product Pilot Run Wi-Fi Product, LTE, Wi-Fi Product, LTE, Gateway, GPON, Gateway, GPON, Module, Sip Module Module, Sip Module

==> picture [81 x 24] intentionally omitted <==

Challenges and Opportunities

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

Challenges
----- End of picture text -----

==> picture [89 x 90] intentionally omitted <==

==> picture [96 x 97] intentionally omitted <==

==> picture [95 x 97] intentionally omitted <==

==> picture [95 x 97] intentionally omitted <==

==> picture [95 x 97] intentionally omitted <==

Tariff

Worsen Condition of China Manufacturing

COVID 19

Currency Risk

Material Shortage

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

Opportunities
----- End of picture text -----

==> picture [137 x 129] intentionally omitted <==

==> picture [137 x 129] intentionally omitted <==

==> picture [137 x 129] intentionally omitted <==

Transfer Order Effect

Clean Network

Declining Competitiveness of China

==> picture [81 x 24] intentionally omitted <==

Financial Results

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 405] intentionally omitted <==

----- Start of picture text -----

2021 Revenue Increase
Gemtek Revenues
60
50
40
30
2020
52.4
2021
20
26.3
10
0
Q1
Quarter
億
----- End of picture text -----

Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands		 Consolidated Comprehensive Income (IFRS)
1Q 2021
1Q 2020
YOY
1Q-4Q 2020
1Q-4Q 2019
YOY
Operating Revenue
5,240,283
2,637,207
+99%
19,929,372
18,057,131
+10%
Gross Margin Rate
9.96%
11.48%
-13%
11.36%
9.8%
+16%
Operating Expenses
394,584
409,981
-4%
1,797,663
1,720,992
+4%
Operating Income
127,566
-107,274
+119%
467,913
51,499
+809%
Non-Operating Income
and Expenses
23,400
-7,622
+307%
1,105,259
231,056
+378%
Net Income
128,786
-114,758
+112%
1,407,574
209,973
+570%
Net Income Rate
2.46%
-4.35%
+57%
7%
1.1%
+536%
EPS After Tax（NTD）
0.36
-0.35
+103%
3.86
0.57
+577%
In NTD$ Thousands
In NTD$ Thousands 1Q 2021 1Q 2020 YOY 1Q-4Q 2020 1Q-4Q 2019 YOY
Operating Revenue 5,240,283 2,637,207 +99% 19,929,372 18,057,131 +10%
Gross Margin Rate 9.96% 11.48% -13% 11.36% 9.8% +16%
Operating Expenses 394,584 409,981 -4% 1,797,663 1,720,992 +4%
Operating Income 127,566 -107,274 +119% 467,913 51,499 +809%
Non-Operating Income
and Expenses		 23,400 -7,622 +307% 1,105,259 231,056 +378%
Net Income 128,786 -114,758 +112% 1,407,574 209,973 +570%
Net Income Rate 2.46% -4.35% +57% 7% 1.1% +536%
EPS After Tax（NTD） 0.36 -0.35 +103% 3.86 0.57 +577%

==> picture [720 x 57] intentionally omitted <==

----- Start of picture text -----

2021 Q1 Product Breakdown (by revenue)
----- End of picture text -----

==> picture [688 x 333] intentionally omitted <==

----- Start of picture text -----

Telecom
Infrastructure
Connected 10-15%
Home America
20-25% 45-50%
Europe
30-35%
Wi-Fi Module
15-20%
Integrated
Product
Cloud &
45-50% Asia
Others
20-25%
0-5%
Telecom Infrastructure Integrated Product America Asia Europe
Cloud & Others Wi-Fi Module
Connected Home
----- End of picture text -----

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

2020 Summary
----- End of picture text -----

1H2020

2H2020

==> picture [53 x 53] intentionally omitted <==

Production has been impeded due to shortage of labor and materials

==> picture [61 x 61] intentionally omitted <==

WFH brings new business opportunities

==> picture [67 x 68] intentionally omitted <==

Deferred shipment to 2Q20

==> picture [65 x 65] intentionally omitted <==

Spin off Ampak, increase non-operating income

==> picture [56 x 56] intentionally omitted <==

WFH trend from COVID-19

==> picture [76 x 76] intentionally omitted <==

Company operation are getting better

==> picture [81 x 24] intentionally omitted <==

Outlook

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 54] intentionally omitted <==

----- Start of picture text -----

2021 Outlook
----- End of picture text -----

==> picture [247 x 145] intentionally omitted <==

==> picture [248 x 145] intentionally omitted <==

==> picture [225 x 144] intentionally omitted <==

New Technology New Customers New Applications

==> picture [81 x 24] intentionally omitted <==

==> picture [446 x 183] intentionally omitted <==

THANK YOU

==> picture [81 x 24] intentionally omitted <==

==> picture [720 x 206] intentionally omitted <==

Q & A

==> picture [81 x 24] intentionally omitted <==

More from GEMTEK

Annual Report 2026
Jun 10
AGM Information 2026
Jun 10
AGM Information 2026
Jun 10
Annual Report 2026
Jun 10
Regulatory Filings 2026
Jun 9
Regulatory Filings 2026
Jun 9
Regulatory Filings 2026
Jun 9
Director's Dealing 2026
Jun 4
Director's Dealing 2026
Jun 4
Regulatory Filings 2026
May 21
View all filings →