Qisda Corporation · TWSE:2352

Qisda — Q1 2023 Earnings Presentation

24 slides from Qisda's earnings presentation, May 8, 2023

  1. Slide 1: 2023 Q1 Investor Conference

    2023 2023 5 8 1 Confidential. © Qisda Corporation, all rights reserved.

  2. Slide 2: Presenters

    Peter Chen Joe Huang Jasmin Hung Daniel Hsueh Yuchin Lin Harry Yang Michael Lee April Huang Michael Wang 2 Confidential. © Qisda Corporation, all rights reserved.

  3. Slide 3: Agenda and Q&A

    . . 2023 . . Q&A 3 Confidential. © Qisda Corporation, all rights reserved.

  4. Slide 4: Confidential. © Qisda Corporation, all rights reserved.

    4 Confidential. © Qisda Corporation, all rights reserved.

  5. Slide 5: Jasmin Hung

    . Jasmin Hung Confidential. © Qisda Corporation, all rights reserved.

  6. Slide 6: Company Overview

    1984 2023 Q1 NTD$ 504 ( USD$ 1.6 B ) 1996 ( 2352) 200+ 2022 (NTD) 197 NTD$ 2, 398 ( USD$ 8.2 B ) 200+ (2023 Q1) 16 47% 2022 31% 2022 TCSA 27,000+ 20% 2021 2021 TCSA 2% 6 Confidential. © Qisda Corporation, all rights reserved.

  7. Slide 7: Qisda Group

    Qisda Group (till 2023Q1) IT MEDICAL BSG NCG OTHERS (43% + 8%) (11%) (16%) (16%) (6%) NTD 260 57 81 79 27 ➢ 163 ➢ ➢ IT ➢ ➢ (32%) • • • • • • • • / • • • ➢ ➢ • 30 ➢ • ➢ (6%) • , ➢ OT • ➢ IT_ 24 • (5%) • ➢ • • • • • 43 • ➢ ➢ IT_ (8%) ➢ OMO (FVOCI) • ➢ ➢ • • ➢ • • ( ) • * : 51% 2022 200 , 7 Confidentia

  8. Slide 8: Q1 2023 Financial Results

    . 2023 Jasmin Hung Confidential. © Qisda Corporation, all rights reserved.

  9. Slide 9: Q1 2023 Highlights

    2023 ◆ (YoY QoQ) • 15.8% (YoY +2.9ppt; QoQ +0.2ppt) 15.5% • 2.7% (YoY +0.5ppt; QoQ +0.1ppt) • YoY 17% 2% ◆ 260 (YoY +18 , +8%) YoY 30% • : YoY +29%; • : YoY +14%; 20% • : YoY +6%; 50% • : YoY -32%; ◆ 397 167 42 ◆ 28.54% 9 Confidential. © Qisda Corporation, all rights reserved.

  10. Slide 10: Consolidated Income Statement

    ( ) : YoY QoQ 2023 2022 2022 amt g% amt g% 50,446 100% 60,866 100% (10,420) -17% 56,117 100% (5,671) -10% (42,451) (52,993) 10,542 (47,351) 4,901 7,995 15.8% 7,873 12.9% 122 2% 8,766 15.6% (771) -9% (6,645) -13.2% (6,550) -10.8% (96) (7,289) -13.0% 643 1,350 2.7% 1,324 2.2% 26 2% 1,477 2.6% (127) -9

  11. Slide 11: Consolidated Balance Sheet

    : QoQ YoY 2023.03.31 2022.12.31 2022.03.31 amt g% amt g% 36,052 18% 30,685 16% 5,367 17% 19,904 10% 16,147 81% 37,472 18% 40,150 21% (2,678) -7% 34,991 18% 2,481 7% 39,656 19% 43,870 23% (4,215) -10% 56,379 29% (16,723) -30% 5,297 3% 5,479 3% (183) -3% 4,105 2% 1,191 29% 12,539 6% 10,231 5% 2,308 23

  12. Slide 12: Working Capital Days

    2023.03.31 2022.12.31 QoQ 2022.03.31 YoY ( ) 75 70 +5 75 +0 90 84 +6 92 -2 61 62 -1 72 -11 104 92 +12 95 +9 136% 143% -7 ppt 115% +21 ppt 12 Confidential. © Qisda Corporation, all rights reserved.

  13. Slide 13: Revenue and Operating Income - Q1 YoY

    – Q1 • 15.8% , , 15.5% • YoY 17%, 2% NT$ (Revenue) NT$ (OI) 1,000 40 g% 13% 12% -2% 30% 20% -17% g% 7% 69% -28% 66% -23% 2% 500 20 609 509 504 399 392 14.4 17.2 357 13.2 13.5 8.5 10.4 0 0 18'Q1 19'Q1 20'Q1 21'Q1 22'Q1 23'Q1 18'Q1 19'Q1 20'Q1 21'Q1 22'Q1 23'Q1 % & (GM% & OI%) % YTD & (GM% & OI%) 20 2

  14. Slide 14: Quarterly Trend

    – Quarterly Trend NT$ (Revenue) NT$ (OI) 1,000 40 g% -11% -2% 3% -4% -7% -10% g% -11% -25% 71% -65% 87% -9% 500 20 619 609 628 601 561 22.6 504 17.5 13.2 14.8 13.5 7.9 0 0 21'Q4 22'Q1 22'Q2 22'Q3 22'Q4 23'Q1 21'Q4 22'Q1 22'Q2 22'Q3 22'Q4 23'Q1 % & (GM% & OI%) % YTD & (GM% & OI%) 20 20 15.6 15.8 15.8

  15. Slide 15: Revenue by Business Unit

    NTD 2023 YoY QoQ % % % Medical 11% 57 20-25 +13 +29% +2 +4% BSG 16% 81 15-20 +5 +6% -2 -3% NCG 16% 79 15-20 +10 +14% -14 -15% IT_HVA 8% 43 20-25 -9 -18 % -6 -13% IT_Non HVA 43% 217 10-15 -114 -34 % -38 -15% Others 6% 27 15-20 -8 -24 % +1 +6% 15

  16. Slide 16: Revenue Mix (Quarterly)

    - (Quarterly) 100% 6% 6% 6% 6% 6% 5% 6% , 12% 10% 11% 13% 15% 16% 16% NCG 80% 13% 13% BSG 14% 12% 14% 15% 7% 16% 51% 7% Medical 7% 8% 60% 9% 9% 10% 9% 8% IT_HVA 10% 11% 5% 5% 9% 4% 6% 9% 6% 5% 8% IT_Other 5% 5% 7% 5% 40% 5% 6% 7% Projector 6% Monitor 20% 42% 44% 44% 42% 34% 33% 32% 0% 21'Q3 21'Q4 22

  17. Slide 17: Revenue Mix Yearly and Quarterly

    • Q1 51% % Quarterly Yearly 60% 60% 50% 51% 51% 50% 47% 50% 45% 41% 9% 8% 8% 39% 40% 41% 9% 40% 40% 9% 8% 34% 9% 16% 9% 16% 9% 16% 30% 15% 30% 6% 14% 10% 11% 13% 22% 12% 18% 9% 20% 16% 20% 6% 16% 14% 15% 13% 13% 12% 5% 13% 13% 13% 10% 10% 9% 7% 8% 9% 10% 11% 9% 11% 7% 7% 6% 7% 6% 7% 0% 0% 21'Q4 22'Q

  18. Slide 18: Subsidiary Results Q1 2023 vs Q1 2022

    / / 2023 Q1 2022 Q1 YoY * EPS * EPS * EPS YoY% YoY% ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) 1,070 79 1.13 1,318 102 1.47 -248 -19% -24 -23% -0.34 ( ) 544 55 1.92 563 53 1.85 -20 -3% 2 4% +0.07 ( ) 753 -2 -0.03 967 44 0.54 -214 -22% -46 -105% -0.57 ( ) 686 23 0.51 615 88 1.97 71 12% -65 -74% -1.46 (

  19. Slide 19: Outlook

    Peter Chen Joe Huang Confidential. © Qisda Corporation, all rights reserved.

  20. Slide 20: 2023 Outlook

    2023 ✓ • • ✓ • IT • , • • 20 Confidential. © Qisda Corporation, all rights reserved.

  21. Slide 21: ESG

    ESG 2030 2040 2050 20% RE100 PPA 2030 21 Confidential. © Qisda Corporation, all rights reserved.

  22. Slide 22: Industry Trends and Strategy

    2023 IT • China+1 , • , • , • • • • • • • • • • • 5G • , , 22 Confidential. © Qisda Corporation, all rights reserved.

  23. Slide 23: Q&A

    . Q&A Confidential. © Qisda Corporation, all rights reserved.

  24. Slide 24: 24 Confidential. © Qisda Corporation, all rights reserved.

    24 Confidential. © Qisda Corporation, all rights reserved.

Qisda — Q1 2023 Earnings Presentation on 6ix