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Macronix — Investor Presentation 2013
Jul 30, 2013
52013_rns_2013-07-30_9f4f3b73-4626-4121-9f94-bed9727d459e.pdf
Investor Presentation
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旺宏電子 2013 年第二季法人說明會
2013/07/30
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免責聲明
本簡報與會議中之討論內容包含有關於旺宏電子(股) 公司營運、財務狀況與對未來 預期之前瞻性描述，此前瞻性描述將受到已知與未知不確定因素與風險的影響，而造 。 成實際結果與前瞻性瞄述中預期或暗示的結果可能存在重大差異
前述之不確定性因素與風險包含但不限於 競爭產品/價格競爭的影響、客戶對公 司產品設計之接受度、公司即時的引進新技術、公司對新產品的即時量產能力、整體 半導體產業供需的轉變、產能過剩、產能供給、終端市場的財務狀況及其他等等風險 。
本簡報與會議內容中之前瞻性描述乃反映目前本公司對整體營運之看法，旺宏電 子(股)免除日後更新、通知之責任。
2013 年第二季營運概況
2013第二季 2013第一季 實際營運 實際營運
營收淨額
NT$ 5.2B
NT$ 4.4B
營業毛利率 營業淨利率
營業毛利率 4% -4% 營業淨利率 -36% -48% 產能利用率 88% 84%
-
營收淨額較上季增加19%，主因為客戶對各產品線的需求增 加
-
毛利率及營業利益率高於上一季，主因較高的營收及較佳的 工廠生產
2013 年第二季合併綜合損益比較表
單位：新台幣佰萬元(每股損益為元)
| 2013/Q2 2013/Q1 2012/Q2 營業收入淨額 5,231 4,405 5,883 營業毛利 225 (185) 580 營業毛利率 4% (4%) 10% 營業費用 (2,089) (1,911) (2,060) 營業淨損 (1,864) (2,096) (1,480) 營業外收(支) 11 12 77 稅前淨損 (1,853) (2,084) (1,403) 所得稅費用 (1) (1) (10) 本期淨損 (1,854) (2,085) (1,413) 其他綜合損益 (72) 75 (138) 本期綜合損益 (1,926) (2,010) (1,551) 淨利歸屬予： 母公司業主 (1,840) (2,069) (1,394) 非控制權益 (14) (16) (19) |
QoQ YoY Change Change 19% (11%) - (61%) 8ppt (6ppt) 9% 1% (11%) 26% (10%) (86%) (11%) 32% (0.1%) (89%) (11%) 31% - (48%) (4%) 24% (11%) 32% (12%) (25%) |
|---|---|
財務重要資訊
2013 Q2 Sales = NTD 9,636 M -13% YoY
營業收入 單位：新台幣佰萬元 11,026M 9,636M 10,000 8,000 6,000 4,000 2,000
2013 YTD GP = NTD 40 M -97% YoY 營業毛利 單位：新台幣佰萬元 1,336M 1,000 750 500 40M 250 0
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2013 年第二季財務重要資訊
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GM%
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2013年第二季 2012年第二季
營業毛利率 4% 10%
每股虧損(NTD) (0.52) (0.4)
營業毛利率 每股虧損
每股虧損已追溯調整
單位：新台幣元
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25%
15%
15% 10% 13%
4%
2%
5%
-5% 12Q1 Q2 Q3 Q4 13Q1 13Q2
(4%)
15%
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1.00
0.75
(1.55)
0.50
0.25
0.00
12Q1 Q2 Q3 Q4 13Q1 Q2
(0.25)
(0.31) (0.34)
(0.50) (0.40)
(0 50)
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2013 年第二季合併簡明資產負債表 / 現金流量資訊
單位：新台幣佰萬元
| 單位：新台幣佰萬元 | ||
|---|---|---|
| 06/30/2013 | 03/31/2013 | |
| 現金及約當現金 | 13,929 | 17,036 |
| 存貨(淨額) | 8,046 | 7,537 |
| 固定資產 | 27,325 | 28,339 |
| 總資產 | 56,352 | 59,503 |
| 短期應計息借款 | 5,944 | 5,732 |
| 長期應計息借款 | 13,238 | 15,171 |
| 總負債 | 25,317 | 26,542 |
| 股東權益 | 31,035 | 32,961 |
| 負債佔資產比率(%) | 44.9% | 44.6% |
| 每股淨值 (_新台幣元)_ | 8.81 | 9.36 |
| 2013/Q2 | 2013/Q1 | |
| 折舊&攤提 | 1,974 | 1,976 |
| 資本支出 營業活動淨現金流入 EBITDA |
(886) (469) 208 |
(482) (1,344) (22) |
2013 年第二季銷售額分析 - 產品別 ( 母公司 )
單位：新台幣佰萬元
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6,000
5,000
44%
QoQ YoY
4,000
61%
Change Change
52% 63%
Flash +11% -9%
3,000
67%
57%
ROM +33% -19%
2,000 FBG +35% -6%
51%
27%
39% 25% * FBG (foundry business group)
1,000
22% 36%
12%
11% 12%
0 5% 9% 7%
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2013 年第二季銷售量分析 - 產品別 ( 母公司 )
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單位：佰萬顆
450
400
350
QoQ YoY
300 Change Change
250 Flash +20% +7%
89% 94% 93% 91% 93% 96%
200 ROM +56% -16%
97%
94% 97%
FBG +36% -5%
150
100
Equivalent 8” WF base for FBG
50 (foundry business group)
6% 11% 6% 7%3% 9% 3% 7% 4%
0
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- Equivalent 8” WF base for FBG (foundry business group)
2013 年第二季記憶體產品銷售額分析 - 製程別
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單位：新台幣佰萬元
6,000
5,000
26%
6%
4,000 45%
3%
5% 38% 17%
18%
45nm
3,000 15%30% 65 nm
7% 13%
9% 75 nm
0.10 m
58% 12% μ
2,000
0.13 m
μ
40% 47% 53% ≧ 0.15 μ m
58%
50%
1,000
3%
3 % 4% 2 % 4%
8% 5% 4% 4% 5% 5% [3] [%]
0
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約當八吋晶圓產出量 & 產能利用率
Wafer Out
產能利用率
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400,000 120%
102%
350,000 100% 101% [103%]
99%
94% 95% 93% 97% 94% 92% 100%
91% [88%] 88%
84%
300,000 92% 90% 97% 79% 80% 84%
86%
86% 75% 80%
250,000 69%
Design capacity
200,000 60%
150,000
47%
40%
100,000
20%
50,000
0 0%
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營運現況 - ROM
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Density shipment index:
1,184
1,200 2008Q1 =100
900
779
755
741
600
539
506
473
452
285
300
250
237 230
211 205
177
157 164
148
124 123
100 107
0
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營運展望
ROM business
-
45奈米製程產品佔2013年第二季ROM營收24%
-
45nm 16/32Gb 32 I/O ROM 將於2013Q3量產, 應用於遊戲類的終端產品
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第二季每顆產品平均容量為 5Gb, 第三季的平均容量將會更高
ROM (by tech & sales)
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100%
1%
14%
24%
80%
45%
75%
60%
85% 87% 84%
76% 32 nm
67%
40%
45 nm
47%
65 nm
20%
17% 75 nm
8% 11%
8%
7% 4% 5% ≧ 0.10 μ m
0% 8% 7% 5% 5% 3% 5% 2%
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營運現況 - NOR Flash
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900
Density shipment index:
2008Q1 =100 808
763
700 [705]
647
633
597
600
525
494 497
451 447
425
416
376
318
287
300
163 166
141
115
100
0
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營運展望
NOR flash business
-
75奈米製程產品佔2013年第二季NOR營收19%
-
75奈米 64Mb 1.8V WLCSP 將於 Q3 送樣 commercial sample (CS)
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75奈米 64Mb 3V serial NOR 將於 Q3 送樣 CS, 將應用於次世代電腦計算平台
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75奈米 64Mb 1.8V serial NOR 將於 Q3 送樣 CS, 其應用為手機產品
-
75奈米 512Mb 1.8V Serial NOR 將於 Q3 送樣 engineering sample (ES) , 其應用 為通訊產品
-
75奈米 128Mb 1.8V Serial NOR 產品已出貨於 4G LTE 手機應用
NOR (by tech & sales)
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100%
1%
4% 10% 12%
15%
19%
25%
80%
60%
84% 83% 17%
5%81% 77% 76%
1% 71%35%
67%
40% 22%
17% 31% 75 nm 33%
0.11 μ m
20%
0.13 μ m
6%
5%
9% 8% 4%5% 5% 6% 4%5% 5%5% 4%4% ≧ 0.15 μ m
0%
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NOR (by density & sales)
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100%
5% 7%
15%
80%
58% 55%
60% 5% 4% 53%
6% 7%
7%
4% 8%
6%
40%
20% 37% 38%
32%
0%
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High density
營運現況 – 2013 第二季 NOR Flash 產品應用分析
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營收分析
Consumer
Comm
26%
25%
Computer Handset •OTHERS includes
24% 13% Industrials and others
Others Auto
3% 9%
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銷售量 分析 Computer Consumer Communication Handset Auto 銷售量 +20% QoQ +17% QoQ +15% QoQ +28% QoQ +27% QoQ ( 佰萬顆 ) -20% YoY +12% YoY 150 +20% YoY +94% YoY +66% YoY 100 100 100 100 100 50 50
For more information regarding Macronix http://www.macronix.com
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