WPG — Interim / Quarterly Report 2021

Nov 16, 2021

2021年11月16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

==> picture [19 x 18] intentionally omitted <==

==> picture [19 x 18] intentionally omitted <==

==> picture [19 x 18] intentionally omitted <==

致歡迎詞

2021年第三季營運成果及 2021年第四季業績展望

問與答

袁興文財務⾧ 林春杰副總 袁興文財務⾧

2021年第三季營運成果

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	3Q21	3Q21財測	2Q21	3Q20	與前期 比較	與去年 比較	Ytd21	Ytd20	與去年 比較 28.5 +5 bp 22.6 39.9 +15 bp 45.7
	201,890 3.93% (4,029) 3,900 1.93% 3,185	190 ~ 200B 3.7% ~ 3.9% 1.6% ~ 1.8%	200,226 4.01% (4,388) 3,642 1.82% 3,188	169,987 3.62% (3,398) 2,759 1.62% 2,257	0.8 -8 bp (8.2) 7.1 +11 bp (0.1)	18.8 +31 bp 18.6 41.4 +31 bp 41.1	579,231 3.89% (12,002) 10,528 1.82% 8,792	450,842 3.84% (9,793) 7,524 1.67% 6,036
	1.90 34.54 299,310 230,519 68,791 146,450 781 10.7% 0.18 19.1% 1.66 1,679		1.66 294,232 227,757 66,475 144,728 (12,916) 10.1% 0.18 19.4% 1.63 1,679	1.34 234,450 170,301 64,149 100,973 20,210 10.9% 0.15 14.2% 1.12 1,679	+59 bp -32 bp	-28 bp +489 bp	5.00 299,310 230,519 68,791 146,450 (28,544) 9.6% 0.19 17.6% 1.66 1,679	3.53 234,450 170,301 64,149 100,973 18,977 9.9% 0.17 12.7% 1.12 1,679	-35 bp +490 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	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	2Q21 200,226 (192,197) 8,029 4.01% (4,388) 3,642 1.82% 342 (499) 13 536 292 3,984 (745) (52) 3,188 1.59% 1.66 19% 1,679	與前期 比較 0.8 0.9 (1.3) (8.2) 7.1 NM 7.7 12.9 13.3 NM (2.8) (13.0) (0.1)	3Q20 169,987 (163,830) 6,157 3.62% (3,398) 2,759 1.62% 48 (418) 155 290 21 2,807 (522) (28) 2,257 1.33% 1.34 19% 1,679	與去年 比較 18.8 18.4 28.8 18.6 41.4 NM 28.4 (90.2) 109.3 NM 37.9 24.1 41.1	Ytd21 579,231 (556,701) 22,530 3.89% (12,002) 10,528 1.82% 308 (1,471) (15) 1,538 256 10,836 (1,916) (128) 8,792 1.52% 5.00 18% 1,679	Ytd20 450,842 (433,525) 17,317 3.84% (9,793) 7,524 1.67% (135) (1,477) 617 655 69 7,389 (1,298) (55) 6,036 1.34% 3.53 18% 1,679	與去年 比較 28.5 28.4 30.1
								22.6 39.9
								NM (0.4) NM 134.7 270.2 46.6 47.7 45.7

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

3Q21 % 2Q21 % 3Q20 % 10,661 4 11,977 4 13,048 6 141,652 47 150,288 51 113,513 48 91,386 31 77,685 26 56,721 24 259,256 87 253,568 86 200,700 86 40,053 13 40,664 14 33,749 14 299,310 100 294,232 100 234,450 100 100,252 33 96,503 33 61,333 26 86,589 29 83,245 28 69,261 30 15,504 5 20,361 7 12,315 5 202,345 68 200,109 68 142,909 61 25,352 8 24,490 8 24,647 11 2,822 1 3,158 1 2,745 1 230,519 77 227,757 77 170,301 73 68,791 23 66,475 23 64,149 27 146,450 144,728 100,973 66 65 60 40 36 35 40 39 36 66 61 60 128% 127% 140% 1.66 1.63 1.12

(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	3Q21	2Q21	3Q20	Ytd21	Ytd20
-稅前純益	3,872	3,984	2,807	10,836	7,389
-淨營運資產	(1,404)	(19,426)	20,031	(40,741)	15,638
-其他	(1,687)	2,526	(2,628)	1,360	(4,050)
營業活動之淨現金流入(流出)	781	(12,916)	20,210	(28,544)	18,977
-其他金融資產	125	458	(342)	1,578	247
-資本支出	(727)	177	(210)	(833)	(5,565)
-公允價值之金融資產	(80)	(100)	(399)	(269)	(453)
-其他	(143)	(1,196)	(1,505)	(1,331)	(1,550)
投資活動之淨現金流入(流出)	(825)	(660)	(2,456)	(856)	(7,322)
-借款	4,610	13,515	(11,783)	36,558	(1,300)
-現金股利發放	(5,605)	-	(4,145)	(5,605)	(4,145)
-其他	(225)	302	6	79	(172)
籌資活動之淨現金流入(流出)	(1,219)	13,818	(15,922)	31,032	(5,617)
匯率影響數	12	(2,194)	(1,528)	(2,006)	(3,078)
本期現金及約當現金增加(減少)	(1,251)	(1,953)	305	(373)	2,961
期末現金及約當現金餘額	10,647	11,898	12,953	10,647	12,953

合併營收

單位：新台幣十億元

==> picture [58 x 424] intentionally omitted <==

+36.7% YoY (美金) +18.8% YoY (新台幣)

2021年第三季營收比重-銷售區域別與客戶別

==> picture [768 x 358] intentionally omitted <==

==> picture [768 x 119] intentionally omitted <==

2021年第三季營收比重-產品應用別與產品別

==> picture [768 x 354] intentionally omitted <==

==> picture [768 x 118] intentionally omitted <==

毛利率及營業利益率

==> picture [738 x 362] intentionally omitted <==

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

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%
4%
5,000
8,029
4,000 5,887 6,571 7,929
6,157
5,733 1.82% 1.93%
3,000 1.67% 1.72% 1.62% 1.59% 1.69%
2%
5,273
2,000 3,900
3,642
2,986
2,759
2,574 2,525
1,000 2,191
0 0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21
----- End of picture text -----

營運資產報酬率及營運資產佔營收比率

==> picture [730 x 377] intentionally omitted <==

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

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%
9.6%
0.20
8.5%
9.9%
9.5% 9.5% 9.6%
8% 9.2%
7.9%
7.4%
0.15
4%
0.23 0.20 0.15 0.17 0.18 0.18 0.18
0% 0.10
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21
----- End of picture text -----

註：年化

股東權益報酬率及每股盈餘

==> picture [725 x 396] intentionally omitted <==

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

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%
17.6%
14.5%
14.2% 17.1%
1.5 13.5% 15%
12.9%
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
0.0 0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21
----- End of picture text -----

註：年化

營運現金週期

==> picture [720 x 342] intentionally omitted <==

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

90
82
80
73 66
70
61
60 60 59 59
50
40
30
20
10
0
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21
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
----- End of picture text -----

註：年化

2021年第四季財務預測

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	4Q21預測數(2)	3Q21(1)
營業收入	175,000 ~ 185,000	201,890
營業毛利	6,475 ~ 7,215	7,929
毛利率	3.70% ~ 3.90%	3.93%
營業費用	3,588 ~ 3,793	4,029
營業淨利	2,887 ~ 3,422	3,900
營業利益率	1.65% ~ 1.85%	1.93%
稅前淨利	2,865 ~ 3,370	3,872
稅後淨利	2,318 ~ 2,722	3,185
每股盈餘(新台幣元)	1.38 ~ 1.62	1.90

1) 查核(核閱數)

2) 假設2021年第四季平均匯率為27.9

大聯大依IFRS編製

物聯網大勢所趨

==> picture [747 x 45] intentionally omitted <==

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

16% 16% 16% 16% 16% 16%
16%
16% 技術支援工程師佔比
----- End of picture text -----

	16% 16%
0 20 40 60	~~1~~ ~~1~~ 8 6 4 5 ~~2~~ 6 6 1 3 2 1 4 6 2 4 4 5 2 2 5 1 1 8 3 6 6 1 6 11 25 19 22 32 17 27 21 1 2 1 1 1 3 4 5 8 3 7 4 3 1 2 1 2 2 3 1 3 2 1 1 3

https://www.wpgdadatong.com/tw

2021年第三季推出57個解決方案

==> picture [373 x 216] intentionally omitted <==

==> picture [373 x 110] intentionally omitted <==

Lithium battery 18W Charge Solution

==> picture [373 x 140] intentionally omitted <==

==> picture [374 x 244] intentionally omitted <==

==> picture [162 x 118] intentionally omitted <==

==> picture [170 x 113] intentionally omitted <==

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

240W Smart Dimmable
LED Power Solution
----- End of picture text -----

Car PEPS Solution

11kW DC-DC Converter Solution

IR Mouse Solution

2021年第三季推出57個解決方案

==> picture [747 x 364] intentionally omitted <==

==> picture [747 x 122] intentionally omitted <==

WiFi6 Router Design Solution

Zigbee Gateway Solution

ADAS Smart HD Camera Solution

Smart Electric Meter Solution

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