HIWIN — Interim / Quarterly Report 2020

May 5, 2020

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Hiwin Technologies Corp. 2020 1 Q Investor Conference

Mr. Leo Liao Senior Vice President May 5, 2020

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(1/11)
Management Performance
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 Sales

Unit: NT$ million

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1Q 3,614 YoY -28%
6,086
5,048 5,062
4,014
QoQ 3,614
-10%
YoY
-28%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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(2/11)
Management Performance
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 Sales by Regions

Unit: %

	Sales by Regions			Unit: %	Unit: %
	31% 24% 25% 26% 7% 5% 5% 8%	- +7%	33% 8%	America Europe
	51% 65% 63% 58%	-9%	49%	Asia
	11% 6% 7% 8%	+2%	10%	Taiwan
1Q/19 2Q/19 3Q/19 4Q/19			1Q/20

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(3/11)
Management Performance
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 Sales by Products 滾珠螺桿 線性滑軌 工業機器人 其他

Unit: NT$ million

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4,344
3,479
3,286
2,559
2,292
960
876 907
803 784
471 418 364 459 410 295 357 331
222 207
17% 70% 4% 9% 16% 71% 7% 6% 18% 65% 9% 8% 20% 64% 7% 9% 22% 63% 6% 9%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
(5,048M) (6,086M) (5,062M) (4,014M) (3,614M)
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(4/11)
Management Performance
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 Gross Profit

Unit: NT$ million; % of Sales

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2,195
1,858
1,703
1,020
QoQ 891
-13%
36.8%
36.1%
YoY
33.6%
-52%
25.4%
24.7%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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(5/11)
Management Performance
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Unit: NT$ million; % of Sales  Operating Expenses

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1,135
1,098 1,063 1,078
977
QoQ
-9%
YoY
-11%
26.9% 27.0%
21.7%
21.0%
18.6%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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(6/11)
Management Performance
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Unit: NT$ million; % of Sales  Operating Profit (Loss)

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1,060
760
QoQ
17.4% 639
+47%
15.1%
12.6%
YoY
-58 -111% -85
-1.5% -2.4%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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(7/11)
Management Performance
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Unit: NT$ million

Non-operating Income (Loss)
87
40
-82
-123
-195
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
FX Gain(Loss) 匯兌(損)益 67 24 -208 -62 -47
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(8/11)
Management Performance
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 Profit Before Income Tax

Unit: NT$ million; % of Sales

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1,147
800
445
QoQ
18.8%
15.8% -8%
8.8% -168
-181 YoY
-121%
-4.5% -4.6%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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(9/11)
Management Performance
Unit: NT$ million
 Tax & Effective Tax Rate
Tax Rate=20.8%
384
Excluding tax on
unappropriated
earnings of NT $145M
236
111
-23
-162
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
Effective
29.5% 33.5% 24.9% 89.4% 13.8%
Tax Rates
10
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(10/11)
Management Performance
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Unit: NT$ million; % of Sales  Net Profit (Loss) Attributable to Hiwin

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818
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620
QoQ
-441%
389 YoY
-121%
12.3% 13.4% 38
7.7% -131
1.0%
-3.6%
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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11

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(11/11)
Management Performance
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Unit: NT$ dollar
 Basic EPS
1~4Q/19=6.03
2.64
2.00
1.26
QoQ
-0.55
0.13 -0.42
YoY
-2.42
1Q/19 2Q/19 3Q/19 4Q/19 1Q/20
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12

Thank You

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