Chroma ATE : 2023.07.31 Quarterly Results Presentation

2023.2Q Earnings Conference

Paul Ying, CFO

Leo Huang, Chairman & CEO

31st July, 2023

1

Disclaimer

This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as "anticipate", "believe", "could", "estimate", "expect", "intend", "plan", "forecast", "project", "predict", "potential", "continue", "may", "should", "will", and "would" or similar words. You should consider these forward-looking statements carefully because such statements are only our expectations or projections about future events, and actual results may differ materially from those expressed or implied by such statements. The forward-looking statements in this presentation include, but are not limited to, growth rates for various markets estimated by third party sources, future products and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. You should be cautioned that the forward-looking statements are no guarantee of our future performance. The forward-looking statements contained in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law.

This presentation and the information contained herein are the property of Chroma Ate Inc.

2

Agenda

• Financial Review
• Operation Highlights
• Q&A

3

FINANCIAL REVIEW

4

Year 2023.2Q Condensed Consolidated Income Statement

Condensed Consolidated P&L		2023.2Q	%	2023.1Q	%	QoQ %	2022.2Q	%	YoY %
(In Million NTD, except for EPS in NTD)
Net Sales			4,416	100%		4,388	100%	1%		4,935	100%	(11%)
Consolidated Sales of Testing Equipment Business			4,198	95%		4,049	92%	4%		4,644	94%	(10%)
Consolidated Sales of MAS			167	4%		283	7%	(41%)		188	4%	(11%)
Consolidated Sales of New Material			0	0%		0	0%	-		17	-	n/a
Others			51	1%		56	1%	(9%)		86	2%	(41%)
Cost of Goods Sold			(1,666)	(38%)		(1,722)	(39%)	(3%)		(2,033)	(41%)	(18%)
Gross Profit			2,750	62%		2,666	61%	3%		2,902	59%	(5%)
Operating Expenses:
General & Administration			(1,103)	(25%)		(1,042)	(24%)	6%		(1,093)	(22%)	1%
Research & Development			(433)	(10%)		(437)	(10%)	-		(443)	(9%)	(2%)
Operating Income			1,214	27%		1,187	27%	2%		1,366	28%	(11%)
Non-Operating Income (Expenses), net			144	3%		59	1%	144%		695	14%	(79%)
Income (Loss) Before Tax			1,358	30%		1,246	28%	9%		2,061	42%	(34%)
Income Tax			(304)	(6%)		(283)	(6%)	7%		(376)	(8%)	(19%)
Net Income			1,054	24%		963	22%	9%		1,685	34%	(37%)
Other Comprehensive Income (Losses)			(11)	-		(36)	(1%)	(69%)		161	3%	n/a
Comprehensive Income		$	1,043	24%	$	927	21%	13%	$	1,846	37%	(43%)
Net Income (Losses) Attributable To:
Shareholders of the Parent			1,018	23%		937	21%	9%		1,660	34%	(39%)
Noncontrolling Interests			36	1%		26	1%	38%		25	-	44%
			$	1,054	24%	$	963	22%	9%	$	1,685	34%	(37%)
EPS (Basic)		$	2.42		$	2.23		9%	$	3.95		(39%)
EPS (Diluted)		$	2.42		$	2.19		11%	$	3.92		(38%)
	2022/2Q included the gain from disposal of investment (ADLINK) of NTD 414 million plus revert the gain from disposal of property to ADLINK of NTD 90m.		5