HIWIN — Investor Presentation 2021

Aug 5, 2021

==> picture [721 x 136] intentionally omitted <==

Hiwin Technologies Corp. 2021 Q Investor Conference 2

Mr. Leo Liao Senior Vice President August 5, 2021

==> picture [721 x 136] intentionally omitted <==

==> picture [721 x 95] intentionally omitted <==

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

(1/11)
Management Performance
----- End of picture text -----

 Sales

Unit: NT$ million

==> picture [680 x 363] intentionally omitted <==

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

1H 13,040 YoY +41%
7,049
6,151
5,991
5,873
5,629
QoQ
+18%
YoY
+25%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

2

==> picture [721 x 95] intentionally omitted <==

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

(2/11)
Management Performance
----- End of picture text -----

 Sales by Regions

Unit: %

18% 5%	19% 5%	19% 5%	24% 6%	-2% -2%	-2% -2%	22% 4%	美洲 歐洲 America Europe	美洲 歐洲 America Europe	美洲 歐洲 America Europe
6% 71%	5% 71%	6% 70%	9% 61%	+4% +0%		9% 65%	亞洲 台灣 Asia Taiwan
2Q/20	3Q/20	4Q/20	1Q/21			2Q/21

==> picture [86 x 27] intentionally omitted <==

3

==> picture [721 x 95] intentionally omitted <==

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

(3/11)
Management Performance
----- End of picture text -----

 Sales by Products

Unit: NT$ million

==> picture [444 x 20] intentionally omitted <==

==> picture [687 x 348] intentionally omitted <==

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

4,534
4,106
3,855 3,818
3,710
1,384
1,183
1,055 1,005 1,104
508 626 523 586 575 556
356 387 418 404
19% 66% 9% 6% 17% 65% 11% 7% 18% 66% 9% 7% 20% 63% 7% 10% 20% 64% 8% 8%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
(5,629M) (5,873M) (6,151M) (5,991M) (7,049M)
4
----- End of picture text -----

==> picture [721 x 95] intentionally omitted <==

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

(4/11)
Management Performance
----- End of picture text -----

Unit: NT$ million; % of Sales  Gross Profit

==> picture [676 x 364] intentionally omitted <==

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

2,546
1,904 36.1%
1,669 1,662
1,568
31.8%
28.4%
27.9%
27.0% QoQ
+34%
YoY
+62%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
5
----- End of picture text -----

==> picture [721 x 95] intentionally omitted <==

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

(5/11)
Management Performance
----- End of picture text -----

Unit: NT$ million; % of Sales  Operating Expenses

==> picture [667 x 332] intentionally omitted <==

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

1,192
1,094 1,119
1,008
QoQ
881
+2%
YoY
+27%
19.4% 18.3%
17.2%
15.6% 15.9%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

6

==> picture [721 x 95] intentionally omitted <==

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

(6/11)
Management Performance
----- End of picture text -----

 Operating Profit

Unit: NT$ million; % of Sales

==> picture [668 x 346] intentionally omitted <==

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

&[頁
碼]
1,427
811
688
661 20.2%
469 QoQ
13.5% +76%
12.2%
11.3%
YoY
7.6% +108%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

7

==> picture [721 x 95] intentionally omitted <==

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

(7/11)
Management Performance
----- End of picture text -----

Unit: NT$ million  Non-operating Income (Loss)

==> picture [721 x 305] intentionally omitted <==

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

409
173
71
-9
-144
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
FX Gain(Loss) 匯兌(損)益 -33 115 151 -128 -37
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

8

==> picture [721 x 95] intentionally omitted <==

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

(8/11)
Management Performance
----- End of picture text -----

Unit: NT$ million; % of Sales  Profit Before Income Tax

==> picture [672 x 349] intentionally omitted <==

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

1,418
1,070
759
667
643
20.1%
18.2%
13.5%
11.1%
QoQ
10.4% +113%
YoY
+87%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

9

==> picture [721 x 95] intentionally omitted <==

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

(9/11)
Management Performance
----- End of picture text -----

 Tax & Effective Tax Rate

Unit: NT$ million

==> picture [720 x 333] intentionally omitted <==

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

Tax Rate=21.2% Tax Rate=27.1%
Excluding tax on Excluding tax on 433
unappropriated unappropriated
earnings of NT earnings of NT
$89M $49M
250
192
188
140
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
Effective
32.9% 17.9% 21.8% 28.1% 30.5%
Tax Rates
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

10

==> picture [721 x 95] intentionally omitted <==

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

(10/11)
Management Performance
----- End of picture text -----

Unit: NT$ million; % of Sales  Attributable to Hiwin Net Profit ( )

==> picture [675 x 339] intentionally omitted <==

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

1,052
926
QoQ
568
567 532 +98%
YoY
15.8% 14.9%
10.1% +86%
9.2%
8.9%
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

11

==> picture [721 x 95] intentionally omitted <==

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

(11/11)
Management Performance
----- End of picture text -----

==> picture [685 x 396] intentionally omitted <==

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

Unit: NT$ dollar
 Basic EPS
1~2Q/21=4.79
(1~2Q/20=1.37)
3.18
2.90
1.78 1.78
1.61
QoQ
+1.57
2Q/20 3Q/20 4Q/20 1Q/21 2Q/21
----- End of picture text -----

==> picture [86 x 27] intentionally omitted <==

12

Thank You

==> picture [721 x 271] intentionally omitted <==