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Episil Technologies Inc. — Call Transcript 2019
Oct 29, 2019
52250_rns_2019-10-29_07118fd9-a8a8-40fc-a333-40e096a9f9b8.pdf
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108年法說會
CT Sune
EPi 2019-10-29
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風險聲明
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本報告陳述內容為前瞻性預測，可能受到不確定因素和重大風 險影響，該不確定因素包含訂價策略、客戶關係、景氣波動、 產業供需狀況、終端市場變化等，我們不保證報告準確性和完 整性，除法律要求外，我們亦不承擔更新任何前瞻性陳述之義 務。
使用者依建議或資料內容進行任何投資行為所產生之風險及盈 虧，未經自行了解判斷，而導致交易損失風險，應自行負擔， 本公司不對使用者之投資決策負任何責任。
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Contents
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近期財報
產品組合及概況
- 營運展望及策略
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Financial Summary
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| Accounting Item | 2016 | 2017 | 2018 | 2019 1H | 2019 1H | |||
|---|---|---|---|---|---|---|---|---|
| (in thousands of NT dollars) | Amount | % | Amount | % | Amount | % | Amount | % |
| Revenue | 2,790,990 | 100 | 3,342,938 |
100 | 4,524,026 |
100 | 2,020,990 |
100 |
| Gross Margin | 252,044 | 9 |
463,513 |
14 |
769,988 |
17 |
162,435 |
8 |
| Operating Profit | 27,466 | 1 |
221,398 |
7 |
499,480 |
11 |
38,680 |
2 |
| PBT | 48,309 | 2 |
212,006 |
6 |
529,297 |
11 |
45,048 |
2 |
| PAT | 20,063 | 1 |
180,310 |
5 |
430,119 |
9 |
30,556 |
2 |
| Total Debt & Debt ratio | 792,104 | 23 |
1,283,665 |
27 |
1,953,576 |
33 |
2,140,503 |
36 |
| ROE (%) | 1% | 6% | 11% | 2% | ||||
| EPS (NTD) | 0.08 | 0.74 | 1.57 | 0.11 |
Note: Episil-Precision Inc. completed merger with Episil Semiconductor Wafer Inc. in 2016
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Contents
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近期財報
產品組合及概況
- 營運展望及策略
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產品組合及比重分析
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Y2018
Y2019(f) 18.5% Power Discrete 3.8% Power IC 6.4% Compound 3.1% Super Junction 8" IGBT/HV
68.2%
Y2017
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76.10%
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16.30% 2.80% 3.50% 3.40% 20.90% 2.50% 74.00% 0.40% 0.00%
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重要營運績效 Y2019
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化合物半導體 Compound
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GaN/Si 磊晶成功開發新一代的功率應用產品的磊晶結構。
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GaN/SiC磊晶成功開發射頻(RF)的應用產品。
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6” SiC 磊晶製程提升 , 品質水準媲美國際大廠
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超級接面元件磊晶 Super junction epi
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SJ 產能擴充到每月約6,000片。
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營收成長率較前一年度增加約一倍。
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增加3家以上的客戶合作，預期明年有較佳成長。
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高功率積體電路磊晶 Power IC epi
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因應客戶在5G基地台應用的PMIC產品需求增加，下半年已完成磊晶 RP產線的產能擴充。預期此產品明年將持續大幅成長。
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矽光子 Silicon Photonic
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研究開發矽光子的磊晶，主要應用在 5G 基地台及資料處理中心等的 光纖產品。
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Contents
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近期財報
產品組合及概況
- 營運展望及策略
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營運展望及策略
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由於客戶需求下修及庫存調整, 今年上半年業績相對於去年下 半年下降約20% 。
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今年下半年客戶庫存調整持續中, 預估明年第一季逐漸回溫
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雖然全球景氣受中美貿易的影響而下滑, 我們專注的利基產品 持續成長。而且由於5G, 汽車及新能源的應用利基產品將會 持續成長。
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除了現有的利基產品, 布局於研究開發矽光子的磊晶結構, 擴 大利基產品的質與量
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Business Contact TEL : +886-3-563-2255 [email protected] www.epi.episil.com
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