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Qisda Interim / Quarterly Report 2023

Nov 29, 2023

52023_rns_2023-11-29_80ce3f12-74fd-407d-97aa-95fd4ba2a66d.pdf

Interim / Quarterly Report

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Confidential. © Qisda Corporation, all rights reserved.

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Peter Chen Joe Huang Jasmin Hung Daniel Hsueh Yuchin Lin Harry Yang Michael Lee April Huang

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.

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. 2023

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. Q&A

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4 Confidential. © Qisda Corporation, all rights reserved.

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1984

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1996

( 2352)

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(NTD) 197

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200+

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2023

NTD$ 1,529 ( USD$ 4.9 B )

2022 NTD$ 2,398 ( USD$ 8.2 B )

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2023 TCSA 2023 AREA 2023 2023 TSAA

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: 27,000+

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(2023 Q3): 48% 31% 19% 2%

6 Confidential. © Qisda Corporation, all rights reserved.

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Qisda Group

(till 2023Q3)

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IT MEDICAL BSG NCG OTHERS
(43% + 8%) (12%) (16%) (14%) (7%)
NTD 795 180 248 215 91
➢ 521 (34%) ➢ ➢ IT ➢ ➢
• • • AI • •
• • • /



➢ ➢



➢ 83 (5%) •
• ➢ OT
➢ IT_ 68 (4%) • • ➢
• • ➢

• • •
• •

➢ IT_ 123 ➢ OMO ➢
➢ •
(8%) •


• • ➢ FVOCI

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Confidential. © Qisda Corporation, all rights reserved.

2022 200 ,

  • :

50%

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.
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Confidential. © Qisda Corporation, all rights reserved.

2023

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: 16.6% (YoY +2.2ppt, QoQ +0.3ppt) • QoQ: -3%, 12 (+1.8 , +17%), EPS 0.61 (+0.09 ) • YoY: -16%, +2.2ppt, +1.4ppt, 13.5 (+5.6 , +71%) EPS 0.61 (-2.62 ), , 53 ◆ Q3 242 (QoQ -23 , -9%) , • : QoQ +2%; ; • : QoQ +4%; 20% ; • : QoQ -24%; ; ◆ Q3 266 (QoQ -2 , -1%), 5%

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• IT_ : 7.5 , -17%, • IT_ : 5.7 , +3%,

, 4.7

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:

: 2.3ppt, 16.3%, ; 0.3ppt • 308 , 17%, , 41.4 (YoY -2.3 , -5%),

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(

)

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:

(
) :
(NT$)(a)
50,370
100%
(41,993)
8,377
16.6%
(7,027)
-14.0%
1,350
2.7%
774
2,125
4.2%
1,549
3.1%
1,202
2.4%
$0.61
2023
60,060
100%
(51,411)
8,649
14.4%
(7,861)
-13.1%
788
1.3%
10,620
11,408
19.0%
7,315
12.2%
6,364
10.6%
$3.24
2022
amt
g%
(9,690)
-16%
9,418
(272)
-3%
834
562
71%
(9,846)
(9,283)
-81%
(5,766)
-79%
(5,162)
-81%
-$2.62
YoY
52,112
100%
(43,615)
8,497
16.3%
(7,054)
-13.5%
1,443
2.8%
660
2,104
4.0%
1,534
2.9%
1,024
2.0%
$0.52
2023
amt
g%
(1,741)
-3%
1,622
(119)
-1%
27
(93)
-6%
114
21
1%
15
1%
178
17%
$0.09
QoQ

(a) (1,967 )

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( )

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:

(
) :
(NT$)(a)
152,928
100%
(128,058)
24,869
16.3%
(20,726)
-13.6%
4,144
2.7%
1,314
5,457
3.6%
3,841
2.5%
2,550
1.7%
$1.30
2023
183,720
100%
(157,925)
25,795
14.0%
(21,420)
-11.7%
4,375
2.4%
11,106
15,482
8.4%
10,063
5.5%
7,880
4.3%
$4.01
2022
amt
g%
(30,793)
-17%
29,866
(926)
-4%
694
(232)
-5%
(9,793)
(10,024)
-65%
(6,222)
-62%
(5,330)
-68%
-$2.71
YTD YoY

(a) (1,967 )

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:

- 22,798
12%
40,730
22%
38,386
20%
8,534
5%
189,027
100%
62,351
33%
33,068
17%
124,889
66%
64,138
34%
2023.09.30
11,328
6%
27,174
14%
38,007
20%
35,845
19%
8,163
4%
192,552
100%
58,825
31%
29,597
15%
124,188
64%
68,364
36%
2023.06.30
12,491
6%
amt
g%
(4,376)
-16%
2,723
7%
2,541
7%
370
5%
(3,525)
-2%
3,526
6%
3,472
12%
701
1%
(4,225)
-6%
-9%
QoQ
(1,163)
amt
g%
34,792
16%
(11,994)
-34%
47,432
22%
(6,701)
-14%
53,392
25%
(15,007)
-28%
5,004
2%
3,530
71%
217,521
100%
(28,493)
-13%
79,194
36%
(16,843)
-21%
36,501
17%
(3,432)
-9%
149,875
69%
(24,986)
-17%
67,646
31%
(3,508)
-5%
11,440
5%
(112)
-1%
2022.09.30
YoY

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2023.09.30 2023.06.30 QoQ 2022.09.30 YoY
( ) 76 74 +2 73 +3
88 85 +3 90 -2
66 62 +4 67 -1
98 97 +1 96 +2
125% 132% -7 ppt 135% -10 ppt
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Confidential. © Qisda Corporation, all rights reserved.

– Quarterly Trend

16.6% (YoY +2.2ppt, QoQ +0.3ppt)

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NT$ (Revenue)

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1,000
g% -2% 3% -4% -7% -10% 3% -3%
500
609 628 601 561 504 521 504
0
Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
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(OI)
40
g% -25% 71% -65% 87% -9% 7% -6%
20
22.6
13.2 14.8 13.5 14.4 13.5
7.9
0
Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
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NT$

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% & (GM% & OI%) % & (GM% & OI%)
20 20
15.6 15.8 16.3 16.6 16.3
15 12.9 14.8 14.4 15 13.6 14.0 14.4 14.4
12.4
10 10
5 2.17 3.61 1.31 2.63 2.68 2.77 2.68 5 2.94 3.67 3.45 3.26 2.44 2.71
0 0
Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 2018 2019 2020 2021 2022 20232023
GM% OI% Q3 YTD
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– Q3

: 2.3ppt, 16.3%

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NT$ (Revenue)
1,000
g% 13% 8% 21% 11% 5% -16%
500
572 601
517 504
397 428
0
Q3'18 Q3'19 Q3'20 Q3'21 Q3'22 Q3'23
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% & (GM% & OI%)
20
16.6
14.2 14.5 14.5 14.4
15
12.4
10
5 2.84 4.06 3.97 3.46 2.68
1.31
0
Q3'18 Q3'19 Q3'20 Q3'21 Q3'22 Q3'23
GM% OI%
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;
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; 0.3ppt

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NT$ (OI)
40
g% 55% 54% 18% -3% -60% 71%
20
20.5 19.8
17.4
13.5
11.3
7.9
0
Q3'18 Q3'19 Q3'20 Q3'21 Q3'22 Q3'23
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% YTD & (GM% & OI%)
20
16.3
14.7
13.9 13.9 14.0
15
12.5
10
5 2.92 3.94 3.36 3.42 2.38 2.71
0
2018 2019 2020 2021 2022 20232023
Q3 Q3 Q3 Q3 Q3 Q3
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– Quarterly Trend

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High-value added (HVA) Medical BSG
NT$ g% 9% 7% 0% -7% 2% -9% NT $ g% 15% 7% 1% 4% 7% 2% NT$ g% 1% 6% 2% -3% 1% 4%
300 100 100
250
80 80
200
60 60
150
281 280
263 260 264 242 40 40 77 82 83 81 82 85
100 51 55 55 57 61 62
20 20
50
0 0 0
Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
NCG IT_HVA IT_Original
NT$ g% 21% 11% 0% -15% -2% -24% NT$ g% 0% 1% -7% -13% 2% -17% NT$ g% 0% -13% -12% -15% 3% 3%
100 100 400
350
80 80
300
250
60 60
200
92 92
40 83 79 77 40 150 332 290
255
59 52 53 49 100 217 224 230
20 20 43 44 36
50
0 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 0 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 0 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
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  • High-Value added (HVA) = Medical + BSG+ NCG + IT_HVA * IT_Original = + + IT_

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  • IT_HVA:

Confidential. © Qisda Corporation, all rights reserved.

16

– Q3

NTD
2023 YoY QoQ
% % %
Medical 12%
62
20-25 +7
+14%
+1
+2%
BSG 17%
85
15-20 +4
+4%
+3
+4%
NCG 12%
59
20-25 -34
-37 %
-19
-24 %
IT_HVA 7%
36
25-30 -16
-31 %
-8
-17 %
IT_Original 46%
230
10-15 -60
-21 %
+6
+3%
Others 6%
32
15-20 +2
+8%
-1
-2 %

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IT_HVA:

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-

(Quarterly)

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100%
6% 6% 6% 5% 6% 6% 7%
,
11%
13% 15% 16% 16% 15% 12% NCG
80%
13% BSG
12%
14% 15% 16% 17%
16% 48%
7% Medical
8%
60% 9%
9% 10% 12%
8% 11% 12% IT_HVA
5% 9%
6% 9%
7%
5% 8% 8% IT_Other
5%
7% 5% 4%
40% 5% 5%
5%
6% 7% Projector
6% 5%
Display
44%
20% 42%
36%
34% 33% 32% 33%
0%
Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23
BSG * NCG * Medical ( )
IT * IT_Display * IT_HVA ( ) ( )
IT_Other * IT_Projector * ( )
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YTD 50%

0%
10%
20%
30%
40%
50%
60%
%
8%
9%
10%
11%
12%
12%
12%
14%
15%
16%
16%
17%
13%
15%
16%
16%
15%
12%
8%
9%
9%
8%
8%
7%
41%
47%
50%
51%
51%
48%
Q2'22
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
Quarterly
Medical
BSG
NCG
IT_HVA
HVA + IT_HVA

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  • IT_HVA:

Yearly

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60%
50%
50% 45%
41% 8%
40% 9%
34%
9%
14%
30% 6%
14%
22% 12%
9%
18%
20% 16%
6%
5% 13%
13%
13%
9%
10% 7%
12%
9%
6% 7% 6% 7%
0%
2018 2019 2020 2021 2022 2023 YTD023
Q3
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/ /

(YoY)

2023 2023 2023 2022 2022 2022 YoY YoY YoY
(
)
*
(
)**
EPS
(
)
(
)
*
(
)**
EPS
(
)
(
)
YoY%
*
(
)
YoY%**
EPS
(
)
(
)
38.4% 3,135 238 3.42 3,783 315 4.54 -648
-17%
-77
-25%
-1.12
(
)
51.1% 1,684 -60 -0.75 3,164 209 2.62 -1,480
-47%
-269
-129%
-3.37
(
)
55.0% 3,334 78 1.74 3,205 157 3.53 129
4%
-80
-51%
-1.79
(
)
22.0% 612 30 0.90 659 38 1.13 -47
-7%
-8
-21%
-0.23
(
)
13.6% 689 53 0.90 654 19 0.33 35
5%
34
177%
+0.57
(
)
55.1% 11,503 277 2.42 11,843 393 3.43 -340
-3%
-116
-30%
-1.01
(
)
28.3% 1,394 8 0.14 1,776 113 1.90 -382
-21%
-105
-94%
-1.76
(
)
26.5% 2,376 -15 -0.13 2,899 86 0.77 -523
-18%
-101
-117%
-0.90
(
)
68.2% 1,951 71 0.94 2,037 103 1.38 -86
-4%
-32
-31%
-0.44
(
)
51.4% 10,590 517 2.75 9,064 321 1.70 1,526
17%
197
61%
+1.04
(
)
60.0% 21,476 496 0.92 24,393 692 1.28 -2,917
-12%
-196
-28%
-0.36
(
)
37.3% 7,195 38 0.12 8,643 350 1.09 -1,447
-17%
-313
-89%
-0.97
(
)
18.7% 1,175 127 3.08 1,164 105 2.67 12
1%
22
20%
+0.41
(
)
43.6% 13,304 380 1.19 11,922 1,089 3.39 1,382
12%
-708
-65%
-2.21

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:

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Confidential. © Qisda Corporation, all rights reserved.

2027

22

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, ,

( WW2, , )

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( , , , , , )

23

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+1
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2023

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◆ ◆

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IT

IT

25

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https://youtu.be/KQUJgB55dh0?si=LYlR1jXEnNLjOmXX

26

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2023 ESG

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,

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2023 6 132023 7 12

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    • GCSA

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100

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  • GCSA -

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