WPG — Annual Report 2021

Mar 2, 2022

2022年3月2日

Safe Harbor Notice

• These forward-looking statements, which may include statements regarding WPG’ future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on WPG’ current expectations.

• Actual results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including, among other things: the cyclical nature of our industry; our dependence on introducing new products on a timely basis; our dependence on growth in the demand for our products; our ability to compete effectively; our ability to successfully expand our capacity; our dependence on key personnel; general economic and political conditions, including those related to the IC industry; possible disruptions in commercial activities caused by natural and human-induced disasters, including terrorist activity and armed conflict; and fluctuations in foreign currency exchange rates.

• Our release of financial forecasts and forward-looking statements at any particular time does not create any duty of disclosure beyond that which is imposed by law, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking statements, whether as a result of new information, future events or otherwise.

會議議程

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致歡迎詞

2021年第四季營運成果及 2022年第㇐季業績展望

問與答

袁興文財務⾧ 林春杰副總 袁興文財務⾧

2021年第四季營運成果

單位：新台幣百萬元

單位：新台幣百萬元
項目 營業收入 毛利率 營業費用 營業淨利 營業利益率 稅後純益 基本每股盈餘 (新台幣元)(1) 每股淨值 (新台幣元)(1) 資產總計 負債總計 股東權益總計 淨營運資產 淨營運現金流量 關鍵指標(2) 營運資產報酬率 營運資產佔營收比率 股東權益報酬率 財務槓桿比例 (1).加權平均流通在外普通股股數 (2).年化	4Q21	4Q21財測	3Q21	4Q20	與前期 比較	與去年 比較	2021	2020	與去年 比較 27.7 +4 bp 22.3 37.4 +13 bp 41.5
				159,044 3.60% (3,207) 2,525 1.59% 2,087	(1.3) -33 bp (3.3) (16.0) -29 bp (15.1)	25.3 -1 bp 21.5 29.7 +6 bp 29.6	778,573 3.81% (15,897) 13,804 1.77% 11,497	609,886 3.78% (13,000) 10,050 1.65% 8,123
	1.61 35.98 287,739 216,513 71,225 144,670 9,510 9.1% 0.18 15.9% 1.49 1,679		1.90 299,310 230,519 68,791 146,450 781 10.7% 0.18 19.1% 1.66 1,679	1.24 233,977 167,974 66,003 105,747 (1,152) 9.6% 0.17 12.9% 1.15 1,679	-159 bp -317 bp	-50 bp +298 bp	6.61 287,739 216,513 71,225 144,670 (19,034) 9.5% 0.19 16.9% 1.49 1,679	4.77 233,977 167,974 66,003 105,747 17,825 9.5% 0.17 12.6% 1.15 1,679	+4 bp +432 bp

綜合損益表

單位：新台幣百萬元

單位：新台幣百萬元
項目 營業收入 營業成本 營業毛利 毛利率 營業費用 營業淨利 營業利益率 非營業項目 淨利息收入(支出) 兌換利益(損失) 投資收益(損失) 其他 稅前損益 所得稅費用 少數股權 稅後純益 純益率 基本每股盈餘 (新台幣元)(1) 所得稅率 % (1).加權平均流通在外普通股股數	4Q21 199,342 (192,171) 7,171 3.60% (3,895) 3,276 1.64% 63 (582) 40 909 (304) 3,339 (611) (23) 2,705 1.36% 1.61 18% 1,679	3Q21 201,890 (193,961) 7,929 3.93% (4,029) 3,900 1.93% (28) (537) 15 607 (113) 3,872 (648) (39) 3,185 1.58% 1.90 17% 1,679	與前期 比較 (1.3) (0.9) (9.6) (3.3) (16.0) NM 8.3 163.1 49.9 170.2 (13.8) (5.7) (15.1)	4Q20 159,044 (153,311) 5,733 3.60% (3,207) 2,525 1.59% (27) (413) 62 258 65 2,498 (389) (22) 2,087 1.31% 1.24 16% 1,679	與去年 比較 25.3 25.3 25.1 21.5 29.7 NM 41.0 (35.9) 252.8 NM 33.6 56.9 29.6	2021 778,573 (748,872) 29,701 3.81% (15,897) 13,804 1.77% 372 (2,053) 25 2,447 (49) 14,175 (2,527) (151) 11,497 1.48% 6.61 18% 1,679	2020 609,886 (586,836) 23,050 3.78% (13,000) 10,050 1.65% (162) (1,889) 680 913 134 9,888 (1,687) (77) 8,123 1.33% 4.77 17% 1,679	與去年 比較 27.7 27.6 28.9
								22.3 37.4
								NM 8.7 (96.3) 168.1 (136.2) 43.4 49.8 41.5

資產負債表

單位：新台幣百萬元

項目 現金及約當現金 應收帳款及應收票據淨額 存貨淨額 流動資產 其他 資產總計 短期借款及㇐年內到期借款 應付帳款及應付票據淨額 其他 流動負債 ⾧期借款 其他 負債總計 股東權益總計 關鍵指標(1) 淨營運資產 (新台幣百萬元) 平均收現天數 平均銷貨天數 平均付現天數 淨營運現金週期天數 流動比率 財務槓桿比例

4Q21 % 3Q21 % 4Q20 % 14,416 5 10,661 4 11,107 5 134,392 47 141,652 47 111,610 48 86,215 30 91,386 31 57,100 24 246,449 86 259,256 87 198,011 85 41,290 14 40,053 13 35,966 15 287,739 100 299,310 100 233,977 100 89,898 31 100,252 33 70,402 30 75,937 26 86,589 29 62,963 27 16,389 6 15,504 5 13,291 6 182,224 63 202,345 68 146,656 63 31,478 11 25,352 8 18,643 8 2,811 1 2,822 1 2,675 1 216,513 75 230,519 77 167,974 72 71,225 25 68,791 23 66,003 28 144,670 146,450 105,747 63 66 65 42 40 34 39 40 39 67 66 59 135% 128% 135% 1.49 1.66 1.15

(1).年化

現金流量表

單位：新台幣百萬元

單位：新台幣百萬元
項目	4Q21	3Q21	4Q20	2021	2020
-稅前純益	3,339	3,872	2,498	14,175	9,888
-淨營運資產	1,796	(1,404)	(4,564)	(38,944)	11,074
-其他	4,375	(1,687)	914	5,736	(3,136)
營業活動之淨現金流入(流出)	9,510	781	(1,152)	(19,034)	17,825
-其他金融資產	41	125	(1,155)	1,619	(908)
-資本支出	(240)	(727)	(473)	(1,073)	(6,038)
-公允價值之金融資產	(63)	(80)	(1,251)	(332)	(1,704)
-其他	(25)	(143)	1,106	(1,355)	(445)
投資活動之淨現金流入(流出)	(286)	(825)	(1,773)	(1,142)	(9,095)
-借款	(4,227)	4,610	3,066	32,331	1,765
-現金股利發放	-	(5,605)	-	(5,605)	(4,145)
-其他	(326)	(225)	(203)	(247)	(374)
籌資活動之淨現金流入(流出)	(4,554)	(1,219)	2,863	26,479	(2,754)
匯率影響數	(910)	12	(1,871)	(2,915)	(4,949)
本期現金及約當現金增加(減少)	3,761	(1,251)	(1,933)	3,388	1,027
期末現金及約當現金餘額	14,408	10,647	11,020	14,408	11,020

合併營收

單位：新台幣十億元

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+34.7 % YoY (美金)

+27.7 % YoY (新台幣)

2021年第四季營收比重-銷售區域別與客戶別

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2021年第四季營收比重-產品應用別與產品別

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毛利率及營業利益率

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毛利(季) 營業利益(季) 毛利率(季) 營業利益率(季)
新台幣百萬元
6%
8,000
7,000
4.02% 4.01%
3.93% 3.93%
6,000 3.71%
3.62% 3.60% 3.60%
4%
5,000
8,029
7,929
4,000 5,887
6,571
6,157 7,171
5,733 1.82% 1.93%
3,000 1.67% 1.72% 1.62% 1.59% 1.69%
1.64% 2%
5,273
2,000 3,900
3,642
2,986
2,759 3,276
2,574 2,525
1,000 2,191
0 0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21
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營運資產報酬率及營運資產佔營收比率

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營運資產佔營收比率(季) 營運資產報酬率(季) 營運資產報酬率(年度累計)
0.25
12% 10.9%
10.7%
10.1% 9.5%
9.6%
0.20
8.5%
9.9%
9.5% 9.5% 9.6%
8% 9.2%
9.1%
7.9%
7.4%
0.15
4%
0.23 0.20 0.15 0.17 0.18 0.18 0.18 0.18
0% 0.10
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21
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註：年化

股東權益報酬率及每股盈餘

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新台幣元 每股盈餘(季) 股東權益報酬率(季) 股東權益報酬率(年度累計)
19.1%
19.4%
2.0 20%
16.9%
17.6%
14.5%
14.2% 17.1%
1.5 13.5% 15%
12.9% 15.9%
12.7% 12.6%
12.0%
1.0 10%
10.3%
0.5 5%
0.99 1.19 1.34 1.24 1.44 1.66 1.90 1.61
0.0 0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21
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註：年化

營運現金週期

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90
82
80
73
70 67
66
61
60 60 59 59
50
40
30
20
10
0
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21
平均收現天數 平均銷貨天數 平均付現天數 淨營運現金週期天數
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註：年化

2022年第㇐季財務預測

基於目前對營運的展望及匯率的假設，本公司預期：

單位：新台幣百萬元

單位：新台幣百萬元
項目	1Q22預測數(2)	4Q21(1)
營業收入	180,000 ~ 190,000	199,342
營業毛利	6,660 ~ 7,410	7,171
毛利率	3.70% ~ 3.90%	3.60%
營業費用	3,690 ~ 3,895	3,895
營業淨利	2,970 ~ 3,515	3,276
營業利益率	1.65% ~ 1.85%	1.64%
稅前淨利	2,882 ~ 3,354	3,339
稅後淨利	2,411 ~ 2,789	2,705
每股盈餘(新台幣元)	1.44 ~ 1.66	1.61

1) 查核(核閱數)

一 2) 假設2022年第 季平均匯率為27.7

大聯大依IFRS編製

物聯網大勢所趨

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16% 16% 16% 16% 16% 16%
16% 16%
16% 技術支援工程師佔比
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	16% 16% 16%
0 20 40 60	~~1~~ ~~1~~ 8 6 4 5 ~~2~~ 6 6 ~~1~~ 1 3 2 1 4 6 6 2 4 4 5 2 2 5 4 1 1 3 8 3 6 6 1 6 11 6 25 19 22 32 17 27 21 20 1 2 1 1 1 1 3 4 5 8 3 7 4 8 3 1 2 1 2 2 3 3 1 3 2 1 1 3 1

https://www.wpgdadatong.com/tw

2022年第四季推出53個解決方案

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LLC Resonant DC Converter Solution

ADAS Camera Charger Design Solution

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ADC Conference call

HDMI Distributor Solution

System Solution

2022年第四季推出53個解決方案

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35W Smart Lighting Solution

Robot 3D Mapping Solution

AI See-through Kitchens in a bid Solution

GNSS Automotive navigation

Solution

近期重要事件摘要

• 大聯大董事會決議於111年5月26日召開111年度股東常會。

(111/2/28)

http://www.WPGholdings.com IR@WPGholdings.com