Weltrend — Investor Presentation 2021

Mar 11, 2021

偉詮電子股份有限公司 Weltrend Semiconductor, Inc. 法人說明會

Cindy Guo Tony Lin CFO and Spokesperson Executive Assistant to CEO Finance Division CEO’s Office

March 11, 2021

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Weltrend Semiconductor, Inc.
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免責聲明

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本次法說會所提供之簡報內容包括對於未來
狀況之預測及評估，這些關於未來狀況之陳
述乃基於公司目前可得資料所做的預測，涉
及風險及不確定性，並可能發生實際結果與
預期狀況有重大差異的情形，提醒各位投資
人不要過度依賴這些資訊。

~~Weltrend Semiconductor, Inc.~~

P2

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合併損益表(1~12月YoY)

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(單位：新台幣仟元，惟每股盈餘為元)

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2020/1-12 % 2019/1-12 % YoY %	2020/1-12 % 2019/1-12 % YoY %	2020/1-12 % 2019/1-12 % YoY %	2020/1-12 % 2019/1-12 % YoY %	2020/1-12 % 2019/1-12 % YoY %	2020/1-12 % 2019/1-12 % YoY %
營業收入淨額	2,619,977	100	2,322,116	100	13
銷貨成本	(1,953,708)	(74)	(1,746,791)	(75)	12
銷貨毛利	666,269	26	575,325	25	16
營業費用合計	(539,926)	(21)	(519,148)	(22)	4
銷管費用	(212,813)	(8)	(208,967)	(9)	2
研究發展費用	(327,113)	(13)	(310,181)	(13)	5
營業淨利	126,343	5	56,177	3	125
營業外收入合計	235,956	9	310,630	13	-24
本期稅前淨利	362,299	14	366,807	16	-1
所得稅(費用)利益	(20,795)	(1)	(40,685)	(2)	-49
本期淨利	341,504	13	326,122	14	5
基本每股盈餘(元)	1.94		1.84		5

~~Weltrend Semiconductor, Inc.~~

P3

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合併損益表(第四季YoY)

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(單位：新台幣仟元，惟每股盈餘為元)

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4Q20 % 4Q19 % YoY %	4Q20 % 4Q19 % YoY %	4Q20 % 4Q19 % YoY %	4Q20 % 4Q19 % YoY %	4Q20 % 4Q19 % YoY %	4Q20 % 4Q19 % YoY %
營業收入淨額	757,625	100	599,809	100	26
銷貨成本	(566,344)	(75)	(451,926)	(75)	25
銷貨毛利	191,281	25	147,883	25	29
營業費用合計	(157,563)	(21)	(145,561)	(24)	8
銷管費用	(63,240)	(8)	(54,983)	(9)	15
研究發展費用	(94,323)	(13)	(90,578)	(15)	4
營業淨利	33,718	4	2,322	1	1,352
營業外收入合計	150,340	20	85,827	14	75
本期稅前淨利	184,058	24	88,149	15	109
所得稅(費用)利益	(16,734)	(2)	(7,765)	(1)	116
本期淨利	167,324	22	80,384	14	108
基本每股盈餘(元)	0.95		0.46		107

~~Weltrend Semiconductor, Inc.~~

P4

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合併損益表(第四季QoQ)

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(單位：新台幣仟元，惟每股盈餘為元)

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4Q20 % 3Q20 % QoQ %	4Q20 % 3Q20 % QoQ %	4Q20 % 3Q20 % QoQ %	4Q20 % 3Q20 % QoQ %	4Q20 % 3Q20 % QoQ %	4Q20 % 3Q20 % QoQ %
營業收入淨額	757,625	100	720,422	100	5
銷貨成本	(566,344)	(75)	(537,218)	(75)	5
銷貨毛利	191,281	25	183,204	25	4
營業費用合計	(157,563)	(21)	(151,655)	(21)	4
銷管費用	(63,240)	(8)	(60,198)	(8)	5
研究發展費用	(94,323)	(13)	(91,457)	(13)	3
營業淨利	33,718	4	31,549	4	7
營業外收入合計	150,340	20	121,467	17	24
本期稅前淨利	184,058	24	153,016	21	20
所得稅(費用)利益	(16,734)	(2)	(3,129)	-	435
本期淨利	167,324	22	149,887	21	12
基本每股盈餘(元)	0.95		0.85		12

~~Weltrend Semiconductor, Inc.~~

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Copyright  Weltrend 2021, All Rights Reserved

資產負債表

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 (單位：新台幣仟元)

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2020/12/31 2019/12/31	2020/12/31 2019/12/31	2020/12/31 2019/12/31
現金及有價金融商品投資	2,555,086	2,313,460
應收票據帳款	879,384	699,809
存貨	403,095	357,989
不動產、廠房及設備	275,556	242,261
其他資產	196,208	189,739
總資產	4,309,329	3,803,258
應付票據帳款	326,119	322,120
其他流動負債	688,894	377,117
非流動負債	107,061	131,058
股東權益	3,187,255	2,972,963
每股淨值	18.09	16.94

~~Weltrend Semiconductor, Inc.~~

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近三年每股盈餘及現金股利

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(單位：新台幣元)

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2018 2019 2020	2018 2019 2020	2018 2019 2020	2018 2019 2020
每股盈餘	0.86	1.84	1.94
配發之現金股利	1.00	1.50	1.6

~~Weltrend Semiconductor, Inc.~~

P7

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32年的資深IC設計公司

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創立 1989 年 7 月，偉詮電子成立於台灣新竹科學園區

資本額 新台幣 17.8 億元

員工人數

301 ( 至 4Q20 底 )

主要業務

 自有 IC 產品之開發與銷售

 客戶委託 IC 之開發與銷售

• 代理銷售國外知名品牌電子零組件，例如 : ROHM

各項殊榮

• 1995 年國家磐石獎，是新竹科學園區首家獲此殊榮的廠商

• 1997 股票上櫃， 2000 年轉上市（股票代號： 2436 ）

• 榮獲「 2008 勤業眾信台灣高科技 Fast 50 」並多次榮獲知名財經 雜誌評定為獲利力及股東報酬率最績優公司之一

• 2015 年電子研發團隊獲頒中華民國科技管理學會第十七屆科 技管理獎

• 獲評第三屆公司治理評鑑最優前 20% 並榮獲最佳進步獎

• 獲選 Embedded Advisor 雜誌「 2019 亞太十大消費性電子方案供 應商」

~~Weltrend Semiconductor, Inc.~~

P8

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產品組合

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電源與類比 IC (Power & Analog)

Power IC/USB PD Controller/Motor Driver/LED Driver

• Supervisor ICs for PC, server, and game console SPS

• USB PD, Qualcomm® Quick Charge[TM] , and other Proprietary Quick Charging Controllers

• PWM Controller and SR Controller for USB PD and Qualcomm Quick Charge chargers

• Motor Driver and BLDC Motor Controller

Display MCU/ADAS Processor

視訊 IC (Display)

• Sub-MCU, with energy saving, DVI sensor, and HDMI CEC function for LCD TV/MFM and Multi-Media System; USB PD with DP alternate mode for portable LCD monitor or applications where dual-port/dual-role functions are required to support both charging and DP alt-mode at the same time

• Automotive Around View Monitor (AVM) Video Processors, Smart Camera Processor and AI Box for ADAS

• ISP for Automotive , IP Cam, and Surveillance Camera

Consumer MCU/POS/mPOS/Barcode Decoder

消費性 IC (Consumer)

• MCU for portable health care devices

• Heart rate monitor for smartphone and wearable devices

• USB HID for Keyboard, Mouse, Dongle, and Game Pads

• MSR decoder, smart card interface IC, and barcode decoder for POS systems

• Barcode decoder for payment scanner and door access control systems

泛用型 IC (GP MCU)

8-bit MCU (ADC/ADC+LCD Type)/32-bit MCU

• 8-bit MCU (ADC Type): 4KB~16KB Flash ROM

• 8-bit MCU (ADC+LCD Type): 8KB~16KB Flash ROM

• 32-bit MCU: 32KB~192KB Flash ROM; Ultra-Low Power

~~Weltrend Semiconductor, Inc.~~

P9

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2020 歷史營收與出貨量和 產品組和

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NT$m 合併營收 +12.8% YoY US$m
90
2,500
80
70
2,000
60
1,500 50
40
1,000
30
20
500
10
0 0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
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2020 全公司營收分布

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+3% YoY
37%
自有產品
代理產品
63%
+19% YoY
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2020 自有產品營收分布

自有產品出貨量 ( 千顆 )

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250,000
200,000
150,000
100,000
50,000
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
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+33% YoY
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-12% YoY
23.00%
Smart Applications
Power
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~~Weltrend Semiconductor, Inc.~~

P10

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Q & A

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www.weltrend.com.tw

~~Weltrend Semiconductor, Inc.~~

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THANK YOU!

~~Weltrend Semiconductor, Inc.~~

P12

Copyright © Weltrend 2020, All Rights Reserved