Sea Sonic Electronics Co., Ltd. · TPEX:6203
Sea Sonic Electronics — Q1 2023 Earnings Presentation
22 slides from Sea Sonic Electronics's earnings presentation, Jun 19, 2023
Slide 1: Sea Sonic Electronics Co., Ltd.
海韻電子工業股份有限公司 SEA SONIC ELECTRONICS CO., LTD
Slide 2: Sea Sonic Investor's Conference 2023-6-19
SEA SONIC (TPEX #6203) INVESTOR’S CONFERENCE 2023-6-19
Slide 3: Safe Harbor Notice
Safe Harbor Notice This document and relevant information may contain forward-looking statements. Such forward-looking statement is not actual results but only reflects the Company’s estimates and expectations and is subject to inherent risks and uncertainties that could cause actual results to
Slide 4: Table of contents
Table of contents • Brief Introduction • Sea Sonic Group • Milestones • 1Q23 Financial Statement • Products • PSU Awarded • Q&A 4
Slide 5: Brief Introduction
Brief Introduction • Founded in 1975 by Mr. J. C. Chang, manufacturing test equipment. • Core Identity: Research / Development and Manufacturing of Power Supplies. • Premium performance and quality PSUs. • Global reach and service. • 48 years of history Power Supply Focused. 5
Slide 6: Sea Sonic Group
Sea Sonic Group Headquarter : Sea Sonic Electronics Co., Ltd. Taiwan Subsidiary: Sea Sonic Energy Co., Ltd. Taipei, Taiwan USA Subsidiary: Seasonic Electronics, Inc. CA, USA European Subsidiary: Sea Sonic Europe B.V. The Netherlands China Subsidiaries : Sea Sonic Electronics Co., Ltd. (Dongguan) She
Slide 7: Milestones
Milestones 1975 1987 2000 2002 2003 2005 2009 First to use First company TPEx Listed Enters the First First Established to provide only Auto Insertion Retail market 80 PLUS 80 PLUS Active PFC Gold PSU solutions PSU 7
Slide 8: Milestones
Milestones 2009 2010 2016 2017 2020 2021 2022 Introduce Hybrid First to PRIME Series Launch Officially release the SYNCRO Q704 Launch the Fan Control + develop true Leading 80 the innovative cable Winner of the Flagship Switch DC to DC 80 PLUS® PLUS® FOCUS management Reddot / iF PRIME Series connect
Slide 9: Milestones
Milestones 2022 2022 2023 Introduce the Officially release Launch the Flagship MagFlow Fan 12cm the Vertex GX PRIME Series with Patented Magnetic Series 1600W / 1300W Connector Technology. Fully Compatible Fully Compatible Winner of the with Intel ATX 3.0 with Intel ATX 3.0 Reddot / iF Design and PC
Slide 10: 1Q23 Financial Statement
1Q23 Financial Statment 10
Slide 11: Consolidated Statements of Comprehensive Income
1Q23 Financial Statment CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Unit : NT$ thousand The increase of operating revenue Item 2023.1.1~3.31 2022.1.1~3.31 and gross profit from operations was Operating revenue 728,379 640,307 mainly due to the launch of new products (Vertex) and the different Gr
Slide 12: Consolidated Balance Sheet
1Q23 Financial Statment CONSOLIDATED BALANCE SHEET Unit : NT$ thousand Item 2023.3.31 2022.3.31 The increase in cash and cash Cash and cash equivalents 1,668,487 1,380,226 equivalents was mainly due to the increase in operating Accounts receivable, net 481,427 568,053 profits. Inventories 810,521 1,
Slide 13: Consolidated Statements of Cash Flows
1Q23 Financial Statment CONSOLIDATED STATEMENTS OF CASH FLOWS Unit : NT$ thousand Item 2023.1.1~3.31 2022.1.1~.3.31 Cash flows from operating activities The decrease in inventories Income before income tax, net 174,396 178,999 was mainly due to the increase in market demand. Decrease (increase) in a
Slide 14: EPS and Dividend Distribution Over the Years
1Q23 Financial Statment EPS AND DIVIDEND DISTRIBUTION OVER THE YEARS 10 9.42 8 7.64 6 5.63 5 5 5 4.38 3.76 3.7 4 3.45 3.5 3 2.46 2.52 2.5 2.5 2 2 2 1.2 1.31 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Cash dividend EPS 14
Slide 15: Products - Consumer
Products - Consumer TX PX GX 1600 ~ 650W TX PX 700 ~ 450W Fanless PX GX 1200 ~ 750W PX GX GM SPX SGX 1000 ~ 550W GX GM GC 650 ~ 500W GM GC BM BC 850 ~550W Fixed cables 700~ 500W 15
Slide 16: Red Dot Design Award 2021
Z reddot winner 2021 DESIGN AWARD 2021
Slide 17: Products – Industrial
Applications: Products – Industrial PC / IPC Server PC/IPC Flex TFX 1U CRPS Open ATX ATX Storage SFX Redundant module Frame Set-top Box 01 02 03 04 05 06 Industral POS System Networking Medical etc. 17
Slide 18: Products - launching soon: FOCUS Series
Products - launching soon FOCUS Series PX GX 1000 | 850 | 750 W Fully Compatible with Intel ATX 3.0 and PCIe 5.0 standards 18
Slide 19: Products - launching soon: MagFlow Fan
Products - launching soon MagFlow 1225 PWM ARGB Fan 19
Slide 20: PSU Awarded
PSU Awarded Winner of the European Hardware Award four times in a row, and 2023 again. Voted best-in-class and trusted by consumers Multiple awards from independent technical reviewers 20
Slide 21: Q&A
Q&A 21
Slide 22: Thank You!
THANK YOU! INVESTOR@SEASONIC.COM.TW WWW.SEASONIC.COM
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