Slides
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1 京元電子股份有限公司King Yuan Electronics Co., LtdQ3’25 Operation Results
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2 Safe Harbor NoticeThis presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL
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3 Consolidated Operating Results Summary □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL (NT $ Millions)Net Revenue(Exclude revenue of ex-subsidiary in China)9,290.5 8,361.9 7,038.7Profit Attributable to the Company2,302.2 2,175.2 2,478.0EPS Attributable to the Company-Diluted (NT$)1.87 1.77 2.02Depreciation & Amortization 1,903.9 1,768.4 1,554.6CAPEX6,337.2 11,377.9 3,776.6EBITDA(1)4,396.03,944.5 4,718.6Gross Margin36.0% 35.5% 35.9%EBITDA Margin47.3% 47.2% 49.1%Returen on Equity(%)(2)20.2% 19.0% 24.5%Note：(1) EBITDA = Operating Income + Depreciation & Amortization; (2) Annualized return on equity to the Company for the quarter Q3'25 Q2'25 Q3'24
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4 Consolidated Statements of Comprehensive IncomeExclude revenue of ex-subsidiary in China □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL (NT $ Millions)Net Revenue 9,290.5 8,361.9 11.1% 7,038.7 32.0%Gross Profit 3,346.8 2,971.6 12.6% 2,526.9 32.4%Gross Margin 36.0% 35.5% 0.5ppts 35.9% 0.1pptsOperating Expenses(854.7) (795.4)7.5%(758.8)12.6%Operating Profit 2,492.1 2,176.2 14.5% 1,768.1 40.9%Operating Profit Margin 26.8% 26.0% 0.8ppts 25.1% 1.7pptsNon-operating Income (Expenses) 393.8 482.0-18.3%67.2 486.0%Profit Attributable to the Company 2,302.2 2,175.2 5.8% 2,478.0-7.1%EPS Attributable to the Company- Basic (NT$) 1.88 1.78 5.6% 2.03-7.4%Weighted Average Shares Outstanding(in thousands)- Basic1,222,745 1,222,745 0.0% 1,222,745 0.0%EPS Attributable to the Company - Diluted(NT$)1.87 1.77 5.6% 2.02-7.4%Weighted Average Shares Outstanding(in thousands)- Diluted1,228,487 1,229,505-0.1%1,228,276 0.0% Q3'25 Q2'25 QoQ Q3'24 YoY
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5 Q3’25 Revenue Breakdown By Process By Process(NT$ Millions)Wafer Probe Final test AssemblyBurn-inOthers □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL Wafer probe, 30.4%Final test, 58.2%Assembly, 2.0%Burn-in, 9.0%Others, 0.4% 02,0004,0006,000Q2'25 Q3'25QoQ 8.5%02,0004,0006,000Q2'25 Q3'25QoQ 11.5%0100200300400500Q2'25 Q3'25QoQ-17.3%02004006008001,000Q2'25 Q3'25QoQ38.4%050100Q2'25 Q3'25QoQ-50.1%
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6 Q3’25 Revenue Breakdown By Applications By Applications(NT$ Millions) Consumer Communication AutomotiveData processing IndustrialOthers □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL Automotive, 11.5%Communication, 16.0%Consumer, 36.7%Data Processing, 32.8%Industrial, 2.7%Others, 0.3%050100150Q2'25 Q3'25QoQ -77.5% 01,0002,0003,0004,0005,000Q2'25 Q3'25QoQ 7.4%01,0002,0003,000Q2'25 Q3'25QoQ 6.0%05001,0001,5002,000Q2'25 Q3'25QoQ 12.5%01,0002,0003,0004,0005,000Q2'25 Q3'25QoQ 24.0%0100200300400500Q2'25 Q3'25QoQ 4.5%
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7 Consolidated Statements of Financial Position & Key Indices □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL Selected Items from Consolided Statements of Financial Position(NT $ Millions) Amount % Amount % Amount %Current Assets 25,224.2 28.9% 26,304.3 31.8% 42,195.1 51.1%Non-current Assets 62,148.0 71.1% 56,543.8 68.2% 40,381.6 48.9% Total Assets 87,372.2 100.0% 82,848.1 100.0% 82,576.7 100.0%Current Liabilitiess 16,418.9 18.8% 19,012.2 23.0% 15,178.2 18.4%Non-current Liabilities 23,856.5 27.3% 19,894.2 24.0% 24,416.7 29.5% Total Liabilities 40,275.4 46.1% 38,906.4 47.0% 39,594.9 47.9% Total Equity 47,096.8 53.9% 43,941.7 53.0% 42,981.8 52.1% Total Equity and Liabilities 87,372.2 100.0% 82,848.1 100.0% 82,576.7 100.0%Key Indices A/R Turnover Days Q3'25Q2'25Q3'24 73 70 75
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8 Consolidated Statement of Cash Flows Note: Free Cash Flow = Operating Income + Depreciation&Amorization + Interest income – CapEx – Non-controlling interests – Interest fee– Tax expense - Cash dividends□極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL (NT $ Millions)Cash and Cash Equivalents at Beginning of Period 14,805.2 20,001.0 13,046.5 Net Cash Generated from (used in) Operating Activities 4,423.9 1,663.1 4,335.4 Net Cash Generated from (used in) Investing Activities-6,223.5 -10,917.4 -3,419.5 Net Cash Generated from (used in) Financing Activities-1,201.85,657.3-117.1Effect of Exchange Rate Change on Cash 278.3-1,598.8 -12.5Cash and Cash Equivalents at End of Period 12,082.1 14,805.2 13,832.8Free Cash Flow-2,471.0 -7,771.9 -3,920.3 Q3'25 Q2'25 Q3'24
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9 Q3’25 Capital ExpendituresExclude capex of ex-subsidiary in China CapEx CapEx Breakdown □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL Wafer probe, 6.8%Final test, 42.2%Burn-in, 7.2%Facility, 38.3%Others, 5.5%6,578.64,806.010,416.211,377.76,337.102,0004,0006,0008,00010,00012,0002022 2023 2024 Q2'25 Q3'25(NT$ Millions)
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10 Company website http://www.kyec.com.tw □極機密/ TOP SECRET □機密/ SECRET □密/ CONFIDENTIAL ■ 非機密/NON- CONFIDENTIAL