NTC — Investor Presentation 2021

Nov 5, 2021

新唐科技股份有限公司

3Q’21法人說明會 2021年11月5日

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大綱

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新唐合併財務數字 NTCJ Highlight 新唐3Q’21營運概況更新 Q&A

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免責聲明

• 本簡報中所提及之預測性資訊包括營運展望、財務狀況以及業務預測等內容，乃是建

• 立在本公司從內部與外部來源所取得的資訊基礎。

• 本公司未來實際所可能發生的營運結果、財務狀況以及業務成果，可能與這些明示或 暗示的預測性資訊有所差異。其原因可能來自於各種因素，包括但不限於市場風險、 供應鏈、市場需求，以及本公司持續推出高品質產品能力等因素。

• 本簡報中對未來的展望，反應本公司截至目前為止對於未來的看法。對於這些看法， 未來若有任何變更或調整時，本公司並不負責隨時再度提醒或更新。

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新唐合併財務數字

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新唐合併綜合損益表

單位：新台幣佰萬 每股盈餘以新台幣元表示

	3Q’21		2Q’21		QoQ			YTD
綜合損益表項目	Amount	%	Amount	%	Amount	%		Amount	%
營業收入	10,380	100	10,615	100	(235)		0	31,067	100
營業毛利	4,266	41	4,342	41	(76)		0	12,528	40
營業利益	817	8	916	8	(99)		0	2,113	7
營業外收入及支出	17	0	191	2	(174)		(2)	217	1
稅前利益	834	8	1,106	10	(272)		(2)	2,330	8
本期淨利	642	6	939	9	(297)		(3)	1,852	6
每股盈餘	1.56		2.36					4.63

註：3Q’21加權平均流通在外股數為412.1佰萬股, 2Q’21加權平均流通在外股數為397.6佰萬股

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新唐合併資產負債表

單位：新台幣佰萬

			Sep 30 ’21			June 30 ’21			QoQ
	資產負債表項目	Amount		%		Amount	%		Amount
	現金及約當現金		6,370		20	6,270		20	100
	應收帳款		4,775		15	4,590		15	185
	其他應收款		895		3	1,034		4	(139)
	存貨		6,776		21	6,280		20	496
	長期投資		2,487		8	2,388		8	99
	不動產、廠房、設備及使用權資產		8,857		28	9,116		29	(259)
	其他		1,489		5	1,429		4	60
	資產總計		31,649		100	31,107		100	542
	流動負債		9,815		31	9,936		32	(121)
	非流動負債		7,562		24	7,779		25	(217)
	負債總計		17,377		55	17,714		57	(337)
	權益總計		14,272		45	13,392		43	880
	負債總計/權益總計		1.22			1.32

新唐合併現金流量表

			單位：新台幣佰萬
	3Q’21	2Q’21	QoQ
單位：新台幣佰萬	Amount	Amount	Amount
營運活動之現金流量	822	930	(108)
投資活動之現金流量	(170)	1,046	(1,216)
籌資活動之現金流量	(474)	(1,039)	565
現金及約當現金	6,370	6,270	100

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新唐合併營業收入與毛利

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Revenue/Gross Profit (NT$ M) Gross Margin
15,000 50.0%
41.2% 40.9% 41.1%
39.6%
38.9%
36.9% 40.0%
35.8%
10,615
10,380
10,072
9,869
10,000
Revenue 30.0%
Gross Profit
GM%
5,605
20.0%
4,342 4,266
5,000
3,920
3,534
3,061
2133 2,066 10.0%
1,262
844
0 0.0%
1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21
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銷售分析-4C應用

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Automotive & Industrial
Computer
18%
28%
38%
42%
22%
8%
Consumer
22%
22%
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Application
Computer
Consumer
Communication & Others
Automotive & Industrial
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Increased Percentage in Communication and Auto & Industry Sectors

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Communication & Others
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NTCJ Highlight

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目標市場及NTCJ發展方向

1.New Energy (Li-B)

2.Smart mobility & Robotics

3.Smart Life

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(KMWh) Carbon neutral (TOPS) x1,000 (PCS) (Munit)
500
- Carbon neutral accelerates 'Autonomous' evolution leads to - IOT Home appliance and heath
market expansion x5 - Sensor demand increase care market expansion
- - -
A huge reuse market emerges AI processing increase at edge Security regulation proceeds x2
400 1,000
Smart
IOT
mobility
x20 Healthcare
300 100
Reuse 20
Li-B
IOT
AMR
Li-B
H/A
200 10
10 Robotics
100 1 1
TOPS PCS
2016 2020 2030 2015 2020 2030 2017 2020 2030
NTCJ Contribution NTCJ Contribution NTCJ Contribution
Creation of businesses that Providing smarter and Providing highly reliable
support carbon neutrality simpler solutions and efficient solutions
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重點產品聚焦於目標市場

Focus Market

NTCJ New Products

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New Energy LIB/FC
Smart mobility, Robotics
Smart Life
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Component BG

• ・ CSP MOSFET for car audio

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Visual Sensing BG

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• ・ Automotive rear sensing camera IC functional safety : ASIL-B

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Battery Application BG

• ・ 4th generation BM-IC for automotive functional safety : ASIL-D

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Edge IoT security BG

• ・ USB4 Re-Timer with 40Gbps performance

新能源市場

NTCJ‘s BMIC is in a strong position for automotive. ⇒ Expanding to smart mobility & ESS market

Major Car-OEM(JP, EU, CN) >9 companies

Smart BMS configuration

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Conventional
Main parts: 7 Main parts: 2
Hi-side Driver
BMIC-22ch
Isolator Hi-side Driver Already shipping
Smart
BMIC-15ch BM-IC KA49522A
MCU
BMIC-15ch
MCU
・・・
・・・
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Fast development kit

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Delivering Completed design

- BMS Reference for customer business consisting of BM-IC, MCU and Software

Fast Development kit for China and Taiwan

e-Bike/e-Scooter market

Discussing 70+ customers in collaboration in WW Some project already started business. Starting biz will gradually increase toward ‘22.

ESS market

Focus on CN & TW ESS players - Discussing with

China : Top 10 ESS suppliers for base station and server system Taiwan : 3 ESS suppliers ESS : E nergy S torage S

ESS : E nergy S torage S ystem

智慧移動市場

Sensing solution(ToF)

TOF : T ime O f F light

NTCJ ToF sensor developed the automotive use. ⇒ Sensing application rapidly increasing in WW

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Smart Mobility Market growth (2022～2024)
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Expanding
The use case AMR X9
of our
ToF Solution
Face ID X2
2021 main business
Driver monitor x3
Automotive: 2
Infrastructure, Robots: 5
2020 2021 2022
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Completed TOF solution ToF sensor -sensor, reference design, software Optimize for customer needs - HW/SW support with eco system Reference design

On going 20 major customers in WW Some of Customers biz will starting in ‘22

MOSFET solution

NTCJ is the No. 1 supplier of MOSFETs for mobile. ⇒ Expanding to Automotive market.

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Automotive Audio
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High reliability & withstanding Optimize for customer needs - Speedy support - Solution proposal - New technology MOSFET

Automotive new application expectation over 170 M units (MOSFET)

CAGR ‘ ( 21 – ‘25) +420% collaborated with major partners to create new application 2025 ※NTCJ Estimation based on the market research

智慧生活市場

Next-generation USB4 NTCJ is the No. 1 supplier of HDMI ICs for home video game consoles and AV equipment. ⇒ Creating to new market with new IC

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- Leading Edge Technology (Patents) - Experiences of high speed design - Analog signal I/F

-USB4 will be adopted USB4 Re-Timer market from next-generation PCs. over 300M units -Collaboration with leading processor manufacturers -Mass production chip 2024 tape out in November ※NTCJ Estimation based on the market research

Surveillance camera Driver-IC

NTCJ MTD has been strong position for MFP ⇒ Expanding for growing market.

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All-in One Solution for driving (Iris/Zoom/Focus)
- Small footprint
Actuator M M M - Silent drive
- Easy design
Stepper
Stepper
-
Expanding share up for current customer
-Discussing other customers
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WW top surveillance camera manufacturers WW camera share over 50% in total of Top 4 companies share now biz expansion 1 21% ✔ 2 12% ✔ 3 10% ✔ 4 9% ✔ others 48% ✔	WW top surveillance camera manufacturers WW camera share over 50% in total of Top 4 companies share now biz expansion 1 21% ✔ 2 12% ✔ 3 10% ✔ 4 9% ✔ others 48% ✔	WW top surveillance camera manufacturers WW camera share over 50% in total of Top 4 companies share now biz expansion 1 21% ✔ 2 12% ✔ 3 10% ✔ 4 9% ✔ others 48% ✔
1	21%	✔
2	12%	✔
3	10%
4	9%	✔
others	48%

NTCJ車用相關產品 智慧流動及新能源 ( )

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Behavior & Motion sensing HMI System
5 years of business 15 years of business
Graphic Cluster
Processor
HUD
eMirror
ToF sensor
HVAC
ADAS sensing
Rear camera
10 years of business Audio &
Sensing Radio IC
Processor
MCU
BM-IC
MOSFET
Analogs
-
BM System
10 years of business Battery pack
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NTCJ@Kyoto
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比叡山 延暦寺
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’3/Nov/2021, Photo Taken by NTCJ
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新唐3Q’21營運概況更新

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新唐 營運概況更新 3Q’21 (1)

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MCU
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• 推出雙模功能之低功耗藍牙微控制器系列，應用於工業控制聯網，並已通過藍牙協會認證

• 針對5G基地站，推出相關應用MCU

• 持續開發未來對應新興應用之高效能與低功耗之產品組合

• 積極開發應用於邊緣運算之MPU

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新唐 營運概況更新 3Q’21 (2)

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Smart Home
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• 將音頻編解碼器NAU88L25 拓展到Google Chromebook Alder Lake 和Japser Lake 平台

• 開發高度集成的音訊MCU並提供單晶片解決方案for耳機和遊戲控制器應用

• 開發工業級NSP2.0 語音提示解決方案，語音內容可通過BLE或WIFI更新

• 開發高功率智能放大音訊產品

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新唐 營運概況更新 3Q’21 (3)

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Cloud Security
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• 疫情趨緩，辦公室重啟，帶動了商務型電腦產品強勁的需求

• 伺服器遠端管理控制晶片對企業及雲端網路客戶之出貨亦有所成長

• 開發適用於Intel和AMD新平台的Super I/O及EC

• 開發新一代高性能BMC開發進度如預期時程進行

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6”-Fab Foundry
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• 電源管理IC之貢獻

• 開發Half bridge HVIC製程之新客戶

• 開發新一代BCD製程for DC/DC application

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新唐 營運概況更新 3Q’21 (4)

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Component
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• 發展高功率藍光雷射二極體

• 發佈高功率CSP MOSFET for汽車音響系統

• 開發高功率紅外線光二極體

• 提交用於5G MIMO基地站的高性能RF-GaN功率放大器模組樣品

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Visual Sensing
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• 研發之8K高畫質、大尺寸圖像感測器量產出貨

• 開發用於 AMR 和人體監測且具有遠程偵測的新型 TOF 圖像傳感器

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新唐 營運概況更新 3Q’21 (5)

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Battery and Analog Solutions
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• 電池監控IC業務的持續擴展

• 增加對監控攝像機變焦及光圈控制

• 開發第四代的電池監控IC

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IoT with Security
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• 高性能記憶體及安全功能的新型家用inverter MCU之推出

• 為PC 和電纜應用開發具有40Gbps 性能的USB4 Re-Timer

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Questions & Answers

Company website Nuvoton: www.nuvoton.com

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