Q4 2024 Nanya Technology Corp Earnings Call Transcript
Key Points
- Nanya Technology Corp (TPE:2408) reported a year-over-year net sales improvement of 14.2% for 2024, indicating a positive trend in revenue growth.
- The company has successfully ramped up its second-generation 10-nanometer class technology, with expectations to exceed 30% of total output by 2025.
- Nanya Technology Corp is strategically developing partnerships to explore market opportunities in edge computing and AI, with plans to release new products by the end of 2026.
- The company has received multiple ESG recognitions, including the DJSI World Index for the fourth consecutive year and an MSCI ESG rating upgrade to AA.
- Nanya Technology Corp maintains a positive net cash position of TWD36.6 billion, indicating financial stability despite current challenges.
- Q4 2024 net sales decreased by 19.2% compared to Q3, with a gross profit turning negative due to power outages and production reductions.
- The company reported a net loss of TWD1.574 billion for Q4 2024, slightly worse than the previous quarter.
- Operating income remained negative at minus TWD2.812 billion, with a marginal increase in operating loss compared to Q3.
- The demand for general PC, mobile, and consumer products remains weak, affecting overall market performance outside of AI-related sectors.
- Nanya Technology Corp's earnings per share for 2024 were negative, at minus TWD1.64, indicating ongoing financial challenges.
Welcome to Nanya Technologies 2024 fourth quarter earnings conference call. (Operator Instructions) The conference will be held only in English for investors around the world.
Today's conference will be approximately 60 minutes. Nanya Technology's President, Dr. Pei-Ing Lee, will summarize our operations in the fourth quarter of 2024, followed by our guidance for the next quarter and key messages.
And then Nanya Technology's Executive Vice President, Dr. Lin-Chin Su; Vice President, Mr. Joseph Wu; and Financial Executive, Mr. Philip Jao, will join us we open our Q&A session.
Today's presentation materials are available for download at Nanya Technology's website at www.nanya.com. And as usual, we would like to remind everyone that today's discussions may contain forward-looking statements that are subject to significant risks and uncertainties, which could cause the actual results to differ materially from those contained in the forward-looking statements.
Please refer to the safe harbor notice that
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
