November 2022 Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services Q3’22 Results Conference Exhibit 99.2
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Agenda Welcome Q3’22 Operating Results S.J. Cheng Q3’22 Financial Results Silvia Su Q4’22 Business Outlook S.J. Cheng Q&A
4 Q3’22 Operating Results
Revenue: NT$5,254.0M (QoQ: -23.3%, YoY: -26.6%) Gross Margin: 15.5% (QoQ: -9.9ppts, YoY: -11.8ppts) Revenue & Gross Margin 5
Utilization Rate 6 Note: To effectively reflect changes in product characteristic and mix, the utilization calculation target of manufacturing site, which output calculated by wafer quantity, was changed to run time from wafer quantity since Q1’22. * Q3’22: 64% Q2’22: 69% Q3’21: 90% Q3’22: 46% Q2’22: 77% Q3’21: 84% Q3’22: 49% Q2’22: 80% Q3’21: 80% Q3’22: 57% Q2’22: 75% Q3’21: 85% Q3’22: 63% Q2’22: 75% Q3’21: 85%
Q3’22 Revenue Breakdown Product Manufacturing Site
Revenue Breakdown - Memory 8 Q3’22: 46.7% (QoQ: -10.9%, YoY: -21.2%)
Revenue Breakdown - DDIC + Gold Bump 9 Q3’22: 41.6% (QoQ: -34.6%, YoY: -32.9%)
Revenue Breakdown - End Market
11 Q3’22 Financial Results
Consolidated Operating Results Summary
Consolidated Statements of Comprehensive Income Note (1) : QoQ: Difference mainly due to the increase of the foreign exchange gains of NT$74M and the decrease of loss on valuation of financial assets at fair value through profit or loss of NT$18M. YoY: Difference mainly due to the increase of the foreign exchange gains of NT$301M and partially offset by the increase of loss on valuation of financial assets at fair value through profit or loss of NT$44M.
Consolidated Statements of Financial Position & Key Indices
Consolidated Statements of Cash Flows Note (1): Difference mainly due to the increase of cash dividend paid of NT$1,527M and decrease of operating profit of NT$1,321M and partially offset by the decrease of CapEx of NT$780M, income tax expense of NT$109M and increase of depreciation expenses of NT$106M.
Capital Expenditures & Depreciation CapEx: NT$1,062.8M (Q3’22) Depreciation: NT$1,200.1M (Q3’22) 16
17 Q4’22 Business Outlook
Global inflationary pressures, inventory adjustments and macro weakness adversely impact demand Executing ongoing cost reduction and cost control actions Conservative FY23 CapEx plan; No need to adding capacity Memory: Momentum continues to be impacted by ongoing inventory correction DDIC: Momentum slowed by demand weakness and inventory correction OLED and automotive panel demand is stable compared to other DDIC Market & Business Outlook
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