Slides
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□ General ■ Confidential □ Secret □ Top Secret 2025 Second Quarter Earnings Conference Aug 2025
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2□ General ■ Confidential □ Secret □ Top Secret This presentation is being delivered to the recipient. The sole purpose of this presentation is to assist the recipient in understanding WNC Corporation (WNC). This presentation is not intended to form the basis of a decision to purchase securities or any other investment decision and does not constitute an offer, invitation or recommendation for the sale or purchase of securities. Neither the information contained in this presentation nor any further information made available in connection with the subject matter contained herein will form the basis of any contract. This presentation does not purport to be comprehensive or to contain all the information that a prospective purchaser may need. The information contained herein is based on publicly available information and sources, which we believe to be reliable, but we do not represent it is accurate or complete. The recipient of this presentation must make its own investigation and assessment of the ideas and concepts presented herein. No representation, warranty or undertaking, express or implied, is or will be made or given and no responsibility or liability is or will be accepted by WNC or by any of its directors, officers, employees, agents or advisers, in relation to the accuracy or completeness of this presentation or any other written or oral information made available in connection with the ideas and concepts presented herein. Any responsibility or liability for any such information is expressly disclaimed. This presentation is private and confidential and is being made available to the recipient on the express understanding that it will be kept confidential and that the recipient shall not copy, reproduce, distribute or pass to third parties this presentation in whole or in part at any time. This presentation is the property of WNC and the recipient agrees that it will, on request, promptly return this presentation and all other information supplied in connection with the ideas and concepts presented herein, without retaining any copies. In furnishing this presentation, WNC undertakes no obligation to provide the recipient with access to any additional information, or to update, or to correct any inaccuracies which may become apparent in, this presentation or any other information made available in connection with the ideas and concepts presented herein. Disclaimer
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3□ General ■ Confidential □ Secret □ Top Secret 2Q 2025 Income Statement QoQ (Consolidated) Net Revenue Realized Gross Profit Operating Expense Operating Income Non-operating Income/(Loss) PBT PAT Total shares (M) Outstanding shares (M) EPS (@NTD/share) (in NT$ million) 2Q 2025 Amount % 27,491 3,176 2,297 879 (253) 626 493 484.10 477.60 1.03 100.0 11.6 8.4 3.2 -0.9 2.3 1.8 QoQ % 1Q 2025 Amount % - 3.1 - 8.3 - 5.0 - 15.9 - 43.0 - 46.3 28,366 3,462 2,417 1,045 54 1,099 918 484.16 477.60 1.92 100.0 12.2 8.5 3.7 0.2 3.9 3.2
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4□ General ■ Confidential □ Secret □ Top Secret 1H 2025 Income Statement YoY (Consolidated) Net Revenue Realized Gross Profit Operating Expense Operating Income Non-operating Income/(Loss) PBT PAT Total shares (M) Outstanding shares (M) EPS (@NTD/share) (in NT$ million) 1H 2025 Amount % 55,858 6,638 4,714 1,924 (199) 1,725 1,411 484.10 477.60 2.95 100.0 11.9 8.5 3.4 -0.3 3.1 2.5 YoY % 1H 2024 Amount % - 0.8 - 2.9 - 2.6 - 3.6 - 25.3 - 26.3 56,297 6,834 4,839 1,995 315 2,310 1,915 485.25 475.10 4.03 100.0 12.1 8.6 3.5 0.6 4.1 3.4
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5□ General ■ Confidential □ Secret □ Top Secret 2025/6/30 Balance Sheet (Consolidated) Cash & ST Investments A/R Inventory Other Current Assets Total Current Assets LT Equity Investments Property, Plant and Equipment Others Assets Total Assets ST Borrowing A/P Other Current Liabilities Other Liabilities Total Liabilities Shareholder’s Equity (in NT$ million) QoQ Amount % 20 -15 -4 -1 -2 -2 -5 5 -2 -11 -4 22 8 1 -6 3,166 (3,398) (747) (10) (989) (5) (609) 182 (1,421) (1,140) (644) 2,010 249 475 (1,896) 2025/6/30 Amount % 19,224 18,655 17,763 867 56,509 282 11,769 3,933 72,493 9,255 17,752 11,081 3,401 41,489 31,004 27 26 24 1 78 0 16 6 100 13 24 16 4 57 43 YoY Amount % 4,285 (5,323) (3,318) 290 (4,066) 221 (23) (297) (4,165) (293) (2,581) (1,634) (353) (4,861) 696 29 -22 -16 50 -7 362 0 -7 -5 -3 -13 -13 -9 -10 2 2025/3/31 Amount % 2024/6/30 Amount % 16,058 22,053 18,510 877 57,498 287 12,378 3,751 73,914 10,395 18,396 9,071 3,152 41,014 32,900 22 30 25 1 78 0 17 5 100 14 25 12 4 55 45 14,939 23,978 21,081 577 60,575 61 11,792 4,230 76,658 9,548 20,333 12,715 3,754 46,350 30,308 19 31 28 1 79 0 16 5 100 13 26 16 5 60 40
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Thank You!