ITEQ : 2023Q4

ITEQ Corporation

2023 Fourth Quarter Investor Presentation

ITEQ

INNOVATION. TEAMWORK. EXCELLENCE. QUALITY

March 2024

4Q23 & FY23 Income Statement

NTD $Million		4Q23
Revenue	6,744
Gross Profit	954
Operating Expense	535
Operating Profit	419
Non-Op Income / Loss	132
Income before Tax	551
Tax Expense	225
Net Income to Parent	326
EPS(NT$)	0.90
Key Financial Ratio
Gross Margin	14.15%
Operating Expense	7.93%
Ratio
Operating Margin	6.21%
Effective Tax Rate	40.83%
Net Margin	4.83%

3Q23

6,645

901

511

390

(4)

386

151

235

0.65

13.56%

7.69%

5.87%

39.12%

3.54%

4Q22		QoQ		YoY
6,863	1.5%	-1.7%
1,024	5.9%	-6.8%
570	4.7%	-6.1%
454	7.4%	-7.7%
(72)	-56.0%	-868.4%
381	42.7%	44.6%

47 -3.6%

334 38.7% -2.4%

0.92 38.5% -2.2%

14.92%

8.31%

6.60%

12.34%

4.87%

2023	2022	YoY
25,079	29,130	-13.9%
3,106	3,940	-21.2%
2,111	2,043	3.3%
995	1,896	-47.5%
157	419
1,152	2,315	-50.2%
476	460
677	1,855	-63.5%
1.86	4.94	-62.3%

12.38%	13.52%
8.42%	7.01%
3.97%	6.51%
41.32%	19.87%
2.70%	6.37%

2

4Q23 Balance Sheet

NTD $Million

Total Assets

Cash

NR / AR

Inventories

Fixed Assets

Total Liabilities

Short-term Debt

NP / AP

Long-term Debt

Total Equity

Key Financial Index

Days Sales Outstanding

Days Sales of Inventory

Days Payable Outstanding

ROE (%)

ROA (%)

Debt ratio (%)

4Q23

33,380

5,594

11,498

3,014

11,180

13,940

2,921

5,991

2,346

19,440

172

54

99

3.42

2.37

41.76

3Q23	4Q22
33,881		33,383
6,030		5,214
11,470		12,119
2,834		2,731
11,387		11,102
14,126		13,272
2,554		2,633
6,332		5,926
2,600		1,677
19,755		20,111

171	159
52	62
102	95
3.43	8.96
2.33	5.57
41.69	39.76

3

Thank you

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