PHIHONG - Interim / Quarterly Report 2021

==> picture [233 x 42] intentionally omitted <==

Q2 2021 Results Phihong Technology Institutional Investor Conference

V1.0

To respond responsibility with our specialty. To improve the society with our heart. Phihong Technology will be staying with you. www.phihong.com.tw

World Class, International Standard

Disclaimer

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

This presentation contains forward-looking statements which are subject to risks, uncertainties, and assumptions, some of which are beyond our control. Actual results may differ materially from those expressed or implied by these forward-looking statements. Please refer to the information on the MOPS website as the main basis for any adjustments that have been made. (http://mops.twse.com.tw/mops/web/index) The financial numbers hereby are based on International Financial Reporting Standards (IFRS) and reviewed.

www.phihong.com.tw

World Class, International Standard

Agenda

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

Company Profile
Financial Performance
Future Challenges & Outlook
Q & A

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

Company Profile

==> picture [227 x 31] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Company Profile

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

Phihong Technology was founded in 1972. At the beginning, introducing technological-related equipment was our major business operation. We have been produced autotransformers and linear power supplies since 1973, our product lines covered various power supplies and adapters. By devoting time and effort in the power supply field, Phihong Technology has become one of the top 10 power suppliers in the world.

Our major business operation is to develop and manufacture power-related products. In recent years, we have been gradually expanded our product line into other field, including power adapter, mobile product, battery charger, PoE, EV charging pile and job-site radio. To expand the size of our business, we have been provided our services even for various field such as consumer electronics, networking, intelligent home use, POS machine, household medical equipment, e-bike charger, construction and industrial application.

==> picture [640 x 187] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Milestones

==> picture [156 x 28] intentionally omitted <==

==> picture [17 x 20] intentionally omitted <==

1972 1991 1996 1997 2000 2001 2006 2009 Phihong US subsidiary Dongguan 1st. Footing in mobile phone Tokyo office setup IPO Cooperation with AVL of World charger business & Founded set up in Silicon factory established Makita, a leading Ranking #1 in cash became main supplier of Valley power tool register company Motorola Mobile company 2010 2012 2013 2014 2015 2018 2020 2021 Became the main Shipment to Nokia Established Awarded by top 3 Extended 18,27,45,60W Expansion Factory Vietnam Factory supplier of reached 10M pcs/m business in ranking Chinese medical product PD 3.0 power to Vietnam Finished Stage 2 Active 24 Blackberry/RIM construction mobile companies application brick certification Stage 1 in 2020 Q1 production lines in Active 10 production 2021 Q1 Cooperation with application category Black & Decker, a (Job-site Radio) EV business lines Expanded R&D leading power tool established Cooperate with Audi center in Taiwan company established 6 fast Tainan chargers in Taiwan

==> picture [61 x 60] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Our Products

IEEE802.3af/at/bt Active & Passive injector Midspan Splitter Extender PoE IEC 60950-1 UL 60950-1 IEC 62368-1 UL 62368-1 1W-1KW IEC 60950-1 UL 60950-1 IEC 62368-1 UL 62368-1 IEC 60601 UL 1012 SMPS IEC 60335 UL 1310 61558 FCC Class B EN 55035 EN 55032

==> picture [213 x 213] intentionally omitted <==

==> picture [156 x 28] intentionally omitted <==

==> picture [77 x 91] intentionally omitted <==

3Wx2-20Wx2 FM(RDS)/AM DAB/DAB+ IEC 60065 15KW-360KW CE, UL, cUL GB/T, CNS

Jobsite Radio EV

==> picture [17 x 20] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

Financial Performance

==> picture [227 x 31] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Consolidated Revenue 2020-2021 YoY

==> picture [156 x 28] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

==> picture [905 x 402] intentionally omitted <==

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

2020H1 2021H1
NTD 4,056 Millions NTD 5,366 Millions
Y2020 Y2021 2021H1 YoY 32%
Jan Feb Mar Apr May Jun Millions
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

2020H1 vs 2021H1 Sales Categories

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

• Sales Revenue by Product Mix / Regions

==> picture [576 x 328] intentionally omitted <==

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

EV EV
Industrial Other Industrial Other
0.65% 1.33%
6.57% 3.04% 6.35% 3.03%
Networking
Networking
Infrastructure
8.65% 6.53%
33.22%
Infrastructure
Infrastructure
35.14%
39.69%
Smart Life
Smart Life 2020H1 11.43% 2021H1
11.97%
Mobility Mobility
33.98% 31.64%
NT$ 4,056 Millions NT$ 5,366 Millions
----- End of picture text -----

Infrastructure Radio + Power tools

Mobility Mobile phone + Tablet Industrial E-bike + IPC + Printer

Networking PoE + POS machines

Smart life

Home application + AR/VR + Medical device

EV charger

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

2021 Q2 Results

==> picture [227 x 31] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

2021 Q2 Financial Results

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Unit：Million NT$, except for EPS

	2021Q2	2021Q2	2021Q1	2021Q1	2021Q1	% 較前季比 QoQ	*World Class, International Standard* 金額Amount % % 2,457 100.0 14.9 2,139 87.1 17.0 318 12.9 0.6 391 15.9 9.2 (73) (3.0) (46.6) 51 2.1 (90.2) (22) (0.9) (363.6) (12) (0.5) 25.0 (34) (1.4) (226.5) 較去年同季比 YoY (NT$0.10) 2020Q2	*World Class, International Standard* 金額Amount % % 2,457 100.0 14.9 2,139 87.1 17.0 318 12.9 0.6 391 15.9 9.2 (73) (3.0) (46.6) 51 2.1 (90.2) (22) (0.9) (363.6) (12) (0.5) 25.0 (34) (1.4) (226.5) 較去年同季比 YoY (NT$0.10) 2020Q2
項目Item	金額Amount	%		金額Amount	%		金額Amount	%
營業收入 Operating Revenue	2,823	100.0		2,543	100.0	11.0	2,457	100.0
營業成本 OperatingCosts	2,503	88.7		2,301	90.5	8.8	2,139	87.1
營業毛利 Gross Profit(loss)	320	11.3		242	9.5	32.2	318	12.9
營業費用 OperatingExpenses	427	15.1		417	16.4	2.4	391	15.9
營業淨利(損) Net Operating Income(loss)	(107)	(3.8)		(175)	(6.9)	38.9	(73)	(3.0)
營業外收入與支出 Non-operatingIncome and Expenses	5	0.2		5	0.2	0.0 40.0 (800.0)	51	2.1
稅前淨利(損) Profit(loss)Before Tax	(102)	(3.6)		(170)	(6.7)		(22)	(0.9)
所得稅利益(費用) Income Tax Benefit(Expense)	(9)	(0.3)		(1)	(0.0)		(12)	(0.5)
本期淨利(損) Profit (loss)	(111)	(3.9)		(171)	(6.7)	35.1	(34)	(1.4)
每股盈餘(虧損) EPS NT$	(NT$0.33)		(NT$0.51)
wwwphihongcomtw

2021 H1 Financial Results

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Unit：Million NT$, except for EPS

		2021H1	2021H1	2020H1	2020H1	% YOY
項目 Item		金額 Amount	%	金額 Amount	%
營業收入 Operating Revenue	5,366 100.0			4,056 100.0		32.3
營業成本 Operating Costs	4,804 89.5			3,554 87.6		35.2
營業毛利 Gross Profit (loss)	562 10.5			502 12.4		12.0
營業費用 Operating Expenses	844 15.7			754 18.6		11.9
營業淨利(損) Net Operating Income (loss)	(282) (5.3)			(252) (6.2)		(11.9)
營業外收入與支出 Non-operating Income and Expenses 稅前淨利(損) Profit (loss) Before Tax 所得稅利益(費用) Income Tax Benefit (Expense)	11 0.2 (271) (5.1) (11) (0.2)			83 2.0 (169) (4.2) (27) (0.7)		(86.7) (60.4) 59.3
本期淨利(損) Profit (loss)	(282) (5.3)			(196) (4.8)		(43.9)
每股盈餘(虧損) EPS NT$ (NT$0.84) (NT$0.58)
mtw

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

2021 Q2 Consolidated Balance Sheet Highlights & Financial Ratio

==> picture [22 x 20] intentionally omitted <==

~~Unit：~~ Million NT$

	2021.6.30	2021.6.30	2020.12.31	2020.12.31	2020.6.30 ~~Unit~~	2020.6.30 ~~Unit~~
項目 Item	金額 Amount	%	金額 Amount	%	金額 Amount	%
現金及約當現金 Cash and Cash Equivalents	2,419	20.7	2,546	24.6	1,920	20.9
應收帳款 Accounts Receivable,Net	2,183	18.7	2,020	19.5	2,014	22.0
存貨 Inventories	2,729	23.3	2,015	19.4	1,247	13.6
流動負債 Current Liabilities	5,448	46.6	5,139	49.6	4,075	44.4
非流動負債 Non-current Liabilities	1,859	15.9	479	4.6	452	4.9
權益總計 Total Equity	4,381	37.5	4,745	45.8	4,644	50.6
負債總計 Total Liabilities	7,307	62.5	5,618	54.2	4,528	49.4
資產總計 Total Assets	11,688	100.0	10,363	100.0	9,172	100.0

平均銷貨天數 InvertoryTurnover(Day)	90		76		67
平均收現天數 AR Turnover(Day)	71		80		91
平均付款天數 AP Turnover(Day)	112		118		111

Revenue

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Unit: NT$ Million

==> picture [648 x 312] intentionally omitted <==

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

2,823
2,663
2,524 2,543
2,457
2Q20 3Q20 4Q20 1Q21 2Q21
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

Gross Profit

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Unit: NT$ Million & of Sales

==> picture [651 x 296] intentionally omitted <==

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

345
330
318 320
242
13.7%
12.9% 12.4%
11.3%
9.5%
2Q20 3Q20 4Q20 1Q21 2Q21
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

Operating Expense

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

==> picture [765 x 393] intentionally omitted <==

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

Unit: NT$ Million & of Sales
427
417
401
391 394
16.4%
15.9% 15.6%
15.1% 15.1%
2Q20 3Q20 4Q20 1Q21 2Q21
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

Operating Profit(Loss)

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Unit: NT$ Million & of Sales

==> picture [666 x 270] intentionally omitted <==

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

(1.9)%
(2.7)%
(3.0)%
(49) (3.8)%
(73) (72) (6.9)%
(107)
(175)
2Q20 3Q20 4Q20 1Q21 2Q21
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Future Challenges & Outlook

==> picture [227 x 31] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Green Energy

==> picture [342 x 209] intentionally omitted <==

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

Europe
----- End of picture text -----

==> picture [156 x 28] intentionally omitted <==

==> picture [483 x 36] intentionally omitted <==

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

Expand the revenue and profit in the EV industry
----- End of picture text -----

With complete planning and strategic arrangements, Phihong actively devoted herself to EV-related industries, having a comprehensive deployment in the EV industry globally.

Cooperated with European car manufacturers to establish extremely fast-charging stations, and participated in electric bus cases required by the government for localization.

==> picture [22 x 20] intentionally omitted <==

Carrying out product development and testing of charging equipment with large-scale brand car manufacturers and charging station operators in the United States. Through these cooperation, we have the opportunity to discuss the trend of future product requirements and specifications with car manufacturers, understand the mainstream products in the future market, and strengthen the new generation of products' market competitiveness.

www.phihong.com.tw

World Class, International Standard

2021 – 2024 Strategies

==> picture [156 x 28] intentionally omitted <==

Phihong‘s EV charger station Focus on customer exp. & market orientation

==> picture [102 x 52] intentionally omitted <==

EV industry chain / Win Win situation Strategic Alliance (Country, industry, service - Vertical & Horizontal integration)

==> picture [99 x 24] intentionally omitted <==

==> picture [339 x 170] intentionally omitted <==

Total Solution

Green energy + Energy storage + Smart energy (AI)+ Electricity (EV Charger) Localization Sales - Subscription

==> picture [113 x 56] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

2021 – 2024 Target Markets

==> picture [126 x 123] intentionally omitted <==

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

==> picture [585 x 286] intentionally omitted <==

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

Tender／Infrastructure
AC/CPO Automotive Industry
DC/CPO Public transportation
----- End of picture text -----

www.phihong.com.tw

World Class, International Standard

==> picture [156 x 28] intentionally omitted <==

==> picture [22 x 20] intentionally omitted <==

Q & A

==> picture [227 x 31] intentionally omitted <==

www.phihong.com.tw

World Class, International Standard

Thanks for coming and we kindly appreciate your support.

PHIHONG Website：http://www.phihong.com.tw MOPS website ：http://mops.twse.com.tw/mops/web/index

Contact us

www.phihong.com.tw

Phihong Taiwan

No.568,Fuxing 3rd Rd.,Guishan Dist., Taoyuan City (33383),Taiwan,R.O.C. +886-3-327-7288 [email protected] www.phihong.com.tw

Phihong Tainan

No. 99, Zhengnan 1st St., Yongkang Dist., Tainan City 710, Taiwan (R.O.C.) +886-6-254-7588 [email protected] www.phihong.com.tw

Phihong China

Science & Technology Rd., Silver Lake Industrial Area Qingxi Town, Dong Guan City, Guang Dong , China +86-768-86817888 [email protected]

Phihong US

Phihong Japan

Phihong EU

Phihong Vietnam

47800 Fremont Blvd.Fremont, CA, USA +1-510-445-0100 [email protected] www.phihongusa.com www.midspans.com

〒135-0016 東京都江東区東陽3丁目23 番24号VORT 東陽町ビル5階 +81-3-5677-1678 [email protected] www.phihong.co.jp

Wattstraat 50, 2171 TR Sassenheim, The Netherlands +49-173-6308089 [email protected] www.phihong-lighting.com

Lot CN5 An Duong Industrial Zone, Hong Phong Commune, An Duong County, Hai Phong City, Vietnam +84-22588-31557 [email protected] www.phihong.com.tw

www.phihong.com.tw

World Class, International Standard

AI assistant

PHIHONG Interim / Quarterly Report 2021

52096_rns_2021-08-25_198e259c-79d0-4730-a68e-4f93a982467d.pdf

Disclaimer

Agenda

Company Profile

Company Profile

Milestones

Our Products

Financial Performance

Consolidated Revenue 2020-2021 YoY

2020H1 vs 2021H1 Sales Categories

2021 Q2 Results

2021 Q2 Financial Results

Unit：Million NT$, except for EPS

2021 H1 Financial Results

Unit：Million NT$, except for EPS

2021 Q2 Consolidated Balance Sheet Highlights & Financial Ratio

Revenue

Gross Profit

Operating Expense

Operating Profit(Loss)

Future Challenges & Outlook

Green Energy

2021 – 2024 Strategies

2021 – 2024 Target Markets

Q & A

Thanks for coming and we kindly appreciate your support.

Contact us

Phihong Taiwan

Phihong Tainan

Phihong China

Phihong US

Phihong Japan

Phihong EU

Phihong Vietnam

AI assistant

PHIHONG — Interim / Quarterly Report 2021

52096_rns_2021-08-25_198e259c-79d0-4730-a68e-4f93a982467d.pdf

Disclaimer

Agenda

Company Profile

Company Profile

Milestones

Our Products

Financial Performance

Consolidated Revenue 2020-2021 YoY

2020H1 vs 2021H1 Sales Categories

2021 Q2 Results

2021 Q2 Financial Results

Unit：Million NT$, except for EPS

2021 H1 Financial Results

Unit：Million NT$, except for EPS

2021 Q2 Consolidated Balance Sheet Highlights & Financial Ratio

Revenue

Gross Profit

Operating Expense

Operating Profit(Loss)

Future Challenges & Outlook

Green Energy

2021 – 2024 Strategies

2021 – 2024 Target Markets

Q & A

Thanks for coming and we kindly appreciate your support.

Contact us

Phihong Taiwan

Phihong Tainan

Phihong China

Phihong US

Phihong Japan

Phihong EU

Phihong Vietnam

More from PHIHONG

PHIHONG Interim / Quarterly Report 2021