Annual report
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GUC The Advanced ASIC Leader Global Unichip Corp. ( GUC ) Reports Financial Results for 4Q20 Hsinchu - Jan 28 , 2021 -- Global Unichip Corporation ( TAIEX : 3443 ) today announced consolidated net sales of NT $ 3,944 million , income from operations of NT $ 704 million , net income of NT $ 608 million , and basic earnings per share of NT $ 4.53 for the fourth quarter ended Dec 31 , 2020 . Financial Summary ( in NT $ M except EPS and percentage } Net Sales Gross Profit Gross Margin Operating Expense Income from Operations Operating Margin NRE Turnkey Others Net Income Net Profit Margin EPS ( NT $ ) Cash from Operating activity Financial Highlights : ● 4Q20 3,944 1,946 1,893 105 1,658 42.0 % 954 704 17.8 % 608 15.4 % 4.53 1,806 3Q20 3,528 1,375 2,087 66 875 24.8 % 749 126 3.6 % 106 3.0 % QoQ 0.80 12 % 42 % -9 % 59 % 90 % 27 % 458 % 466 % 466 % -152 -1288 % 4Q19 3,297 958 2,287 52 1,082 32.8 % 739 343 10.4 % 275 8.3 % 2.06 Gross Margin was 42.0 % , which is 17.2 percentage points higher than 3Q20 and 9.2 percentage points higher than 4Q19 . Operating Margin was 17.8 % , up 14.2 percentage points from 3Q20 and 7.4 percentage points higher than 4Q19 . YOY Net Margin was 15.4 % , up 12.4 percentage points compared with 3Q20 and 7.1 percentage points higher than 4Q19 . Full Year 20 Net Sales was NT $ 13,569 million , increased 27 % compared to 2019 . NRE revenue increased 44 % .Turnkey revenue increased 19 % . Gross Margin was 30 % , 3 percentage points lower than 2019 . Net Margin was 6.3 % , 0.4 percentage points higher than 2019 . 20 % 103 % Fourth Quarter 2020 Net Sales was NT $ 3,944 million , which increased 12 % compared to 3Q20 and also increased 20 % from NT $ 3,297 million in 4Q19 . NRE revenue was NT $ 1,946 million , increased 42 % QoQ and 103 % YoY . Turnkey revenue was NT $ 1,893 million , decreased 9 % QoQ and 17 % YoY . -17 % 102 % 53 % -278 -750 % 29 % 105 % 120 % 120 % Jan 28 , 2021 Topics in This Report : Revenue Analysis Gross Margin Analysis Expense Analysis Net Profit & EPS Financial Condition Review Cash Flow Analysis CONTACT Asia Lin Acting Spokesperson Global Unichip Corp. Tel : 886-3-5646600 # 6868 Email : asialin@guc-asic.com Daniel Chien Spokesperson : Global Unichip Corp.