XAVi — Call Transcript 2023

Dec 18, 2023

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Xavi Technologies Ltd. 3Q23 Results Conference

December 18[th] , 2023

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Confidential

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Safe Harbor Notice

 Xavi’s statement of its current expectations are forward-looking statements which are subject to significant risks and uncertainties.

• Actual results may differ materially from those

• contained in any forward-looking statements.

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Contents
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01

02

03

04

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展達通訊簡介 Company Profile

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Company Profile

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Founded ： Oct., 1997 Listing ： TAIEX (3447.TW) Dec., 2023 ： Capital NT$ 770 million Chairman ： Roger Lu CEO ： Tony Chen HQ & RD center ： New Taipei City/Hsinchu Factories ： China(Suzhou)/Thailand

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Chicony/Clevo Group

• Keyboard/Mouse/Gaming input device

• Mobile Keyboard

• • Camera Module/DV/Security Device

• Y2022 Revenue NT$ 6 billion Capital NT$ 0.77 billion Market Cap • Adaptor(PC, NB,Server)

• • Broadband $ 210 billion • LED

• • Multimedia • Smart Building

• • Wireless Revenue

• • AIoT $ 130 billion

• • • NB, LCD PC, IA Employee Shopping Mall 40,000 up

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Diversified Factories

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China (Suzhou) ：

 Established more than 20 years.

 Capacity: NT$ 4 billion

Thailand (Chachoengsao) ：

• MP in 2019

• Capacity: NT$ 5 billion

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Product Mix

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Broadband AIoT Wireless Multimedia
IoT Hub, Gateway
10G xPON Bridge WiFi AP IP/DVB STB
OTT STB
G.Fast
IoT Sensors, Camera
DPU/CPE
Tracker 5G/4G/LTE
USB Dongle
FTTH Gateway Sport/Transport IoT
Fiber 10Gb LoRa Gateway, 11ac/11ax MU-MIMO
4Kp60
3G M2M / LPWA 4G/LTE
Copper 1Gb Concentrator, Nodes
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3Q23 Financial Results

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1~3Q Consolidated Income Statement

Unit: NT$ K	1~3Q23	%	1~3Q22	%
Net Sales	2,422,371	100	4,346,337	100
Gross Profit	260,335	10.7	493,737	11.4
Operating Expense	(251,829)	(10.3)	(291,401)	(6.7)
Operating Profit	8,506	0.4	202,336	4.7
Non-Operating Income	51,258	2.1	(2,892)	(0.1)
Pre-tax income	59,764	2.5	199,444	4.6
Net Income	38,342	1.6	166,320	3.8
EPS	0.50		2.39

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Consolidated Balance Sheet

Unit: NT$ K	2023/9/30	2022/12/31	2023/6/30
Cash	742,491	219,692	730,966
ST Investment	59,172	86,850	70,795
Accounts Receivable	412,284	1,454,382	508,436
Inventory	941,967	1,572,827	1,049,498
Non-Current Assets	305,252	332,835	295,718
Total Assets	2,765,986	3,985,122	2,977,029
ST Borrowing	457,000	580,000	460,000
Accounts Payable	473,564	1,250,394	523,500
Total Liabilities	1,560,141	2,657,354	1,776,745
Common Stock	768,196	768,196	768,196
Shareholders’ Equities	1,205,845	1,327,768	2,977,029
Debt Ratio	56.40%	66.68%	59.68%

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Consolidated Statement of Cash Flow

Unit: NT$ K 1Q~3Q23 1Q~3Q22 Cash Flows from operating activities 813,899 (392,122) Cash Flows from investing activities 13,187 (114,426) -CAPEX (51,916) (74,881) Cash Flows from financing activities (313,381) 535,569 Net increase in cash 522,799 42,310 Cash, beginning of the period 219,692 212,040 Cash, end of the period 742,491 254,350

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Revenue b Products y

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數位影音產品
寬頻通訊產品
無線產品
人工智慧物聯網產品

1Q~3Q 2023

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Y2022 Y2021

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Business Outlook

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Q&A

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Service
Quality D
elivery
Technology Cost
Thank You
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