AI assistant
Macronix — Investor Presentation 2018
Sep 4, 2018
52013_rns_2018-09-04_6ff63f51-1e20-44de-bf05-1f92ae638ab5.pdf
Investor Presentation
Open in viewerOpens in your device viewer
旺宏電子 2018 年第二季法人說明會
July 26, 2018
==> picture [286 x 153] intentionally omitted <==
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
實際結果與前瞻性描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。
==> picture [245 x 42] intentionally omitted <==
Copyright © Macronix International Co., Ltd.
2018 年第二季營運概況
2018 第二季 2018 第一季 2017 第二季 實際營運 實際營運 實際營運 營收淨額 NT$ 8.9B NT$ 9.1B NT$ 6.6B 營業毛利率 45 % 42 % 34% 營業淨利率 24% 22% 9%
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
2018 年第二季合併綜合損益比較表
單位：新台幣佰萬元(每股盈餘為元)2018/Q2 2018/Q1 2017/Q2 營業收入淨額8,880 9,061 6,563 營業毛利4,031 3,814 2,216 營業毛利率45% 42% 34% 營業費用(1,894) (1,819) (1,632) 營業淨利2,137 1,995 584 營業利益率24% 22% 9% 營業外收(支)196 (100) 38 稅前淨利2,333 1,896 622 所得稅費用(利益)6 14 6 本期淨利2,327 1,882 616 其他綜合損益(253) (154) 107 本期綜合損益2,074 1,728 723 淨利歸屬予本公司業主2,327 1,882 616 非控制權益0 (0) (0) |
QoQ YoY Change Change (2%) 35% 6% 82% 3ppt 11ppt 4% 16% 7% 266% 2ppt 15ppt - - 23% 275% - - 24% 278% - - 20% 187% 24% 278% |
|---|---|
基本每股盈餘* -- NT$ 1.301.06 0.35 |
23% 271% |
| EBITDA 2,882 2,431 1,171 流通在外加權平均股數1,786 1,780 1,763 |
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
2018Q2 財務重要資訊
==> picture [567 x 380] intentionally omitted <==
----- Start of picture text -----
營業毛利率
50% 45%
43%
42%
38%
32% 34%
31%
27%
25%
15%
14%
0%
16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2
----- End of picture text -----
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
股東權益報酬率
==> picture [503 x 334] intentionally omitted <==
----- Start of picture text -----
40%
33%
29%
30%
26%
20%
20%
9%
10%
4%
0%
17Q1 Q2 Q3 Q4 18Q1 Q2
----- End of picture text -----
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
2018 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 ( 每股淨值為元 )
單位：新台幣佰萬元(每股淨值為 |
元) |
|||
|---|---|---|---|---|
| 2018/06/30 | 2018/03/31 | 2017/06/30 | ||
現金及約當現金 |
11,237 | 10,251 | 5,406 | |
存貨(淨額) |
14,297 | 11,228 | 9,075 | |
固定資產 |
17,934 | 17,056 | 15,204 | |
總資產 |
53,251 | 48,300 | 36,980 | |
負債佔資產比率(%) |
49.1% | * | 44.5% | 47.6% |
每股淨值(追溯調整) |
15.03 | 14.87 | 10.75 | |
| 2018/Q2 | 2018/Q1 | 2017/Q2 | ||
折舊&攤銷 |
514 | 496 | 492 | |
資本支出 |
(834) | (1,496) | (122) | |
營業活動淨現金流入 |
2,622 | 2,129 | 608 |
如果排除應付現金股利NTD1.8B，負債佔資產比率為47.3%
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
2018 年第二季銷售額分析
Unit: NTD Million
==> picture [642 x 358] intentionally omitted <==
----- Start of picture text -----
14%
20%
26%
QoQ YoY
48
11% Change Change
11%
11% 7048% %
74%
Flash +4% +35%
44%
53%
ROM -24% +44%
58% 75%
63%
FBG +9% +26%
FBG (foundry business group)
25% 2 32%
28% 3 22% 17%
16%
17%
8% 9% 9% 87% 6% 8% 9%
2017Q2 2018Q1 2018Q2
----- End of picture text -----*
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
營運現況 - ROM
ROM business
• ≥ 64Gb 容量產品佔 2018 年第二季 ROM 營收 47%
==> picture [632 x 315] intentionally omitted <==
----- Start of picture text -----
2,000
1,756
Density shipment index: 2014Q1 =100
1,417
1,121
927
1,000
753
451
416
318 307 326
174
147
100 89 110 72 103 81
0
14Q1 Q2 Q3 Q4 15Q1 Q2 Q3 Q4 16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2
----- End of picture text -----
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
營運現況 - Flash
Density shipment index: 2014Q1 =100
==> picture [20 x 10] intentionally omitted <==
----- Start of picture text -----
600
----- End of picture text -----
==> picture [630 x 343] intentionally omitted <==
----- Start of picture text -----
506
443
386 377
346 342
309
289
271
186
158
141 141
100
0
15Q1 Q2 Q3 Q4 16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2
----- End of picture text -----
==> picture [20 x 10] intentionally omitted <==
----- Start of picture text -----
300
----- End of picture text -----
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
營運展望 - Flash
Flash business
- ≤75nm
製程產品佔2018年第二季NOR營收60%
==> picture [439 x 252] intentionally omitted <==
----- Start of picture text -----
Accumulative design-win case count
3600 3,232
2,301
1,865
1800
1,365
749
347
0
----- End of picture text -----
==> picture [370 x 15] intentionally omitted <==
----- Start of picture text -----
16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2
----- End of picture text -----
==> picture [245 x 42] intentionally omitted <==
Copyright © Macronix International Co., Ltd.
- 營運現況 2018 年第二季 NOR Flash 產品應用分析
2018Q2 NOR Revenue breakdown
==> picture [345 x 161] intentionally omitted <==
----- Start of picture text -----
Consumer,
Comm,
21%
28%
Computer,
25%
Auto , 12%
I.M.A.,
14%
Comm: including handsets
----- End of picture text -----*
- I (Industrial), M (Medical), A (Aerospace-defense)
Computer Consumer +34% QoQ -9% QoQ +15% YoY -25% YoY
Communication Automotive +4% QoQ +2% QoQ -8% YoY +25% YoY
Copyright © Macronix International Co., Ltd.
==> picture [245 x 42] intentionally omitted <==
For more information regarding Macronix http://www.macronix.com
==> picture [353 x 189] intentionally omitted <==
For all inquiries, suggestions and comments [email protected]