Samsung Electronics Co., Ltd. · KRX:005930
Samsung Electronics — Samsung Elect — Q1 2024 Earnings Presentation
14 slides from Samsung Electronics's earnings presentation, Apr 30, 2024
Slide 1: Samsung Electronics Earnings Presentation: 1Q 2024 Financial Results
SAMSUNG ELECTRONICS Earnings Presentation: 1Q 2024 Financial Results
Slide 2: Disclaimer
Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only before the external review on our 1Q 2024 financial results is completed. The Audit outcomes may cause some parts of this document
Slide 3: Index
Index PRESENTERS 1Q 2024 RESULTS PERFORMANCE & FINANCIAL DATA BY BUSINESS UNIT RESULTS & APPENDICES OUTLOOK
Slide 4: Earnings Presentation: Speakers
Earnings Presentation: Speakers Daniel Oh, EVP Jaejune Kim, EVP Tommy Kwon, VP Taejoong Song, VP Charles Hur, EVP Daniel Araujo, VP KL Roh, VP Investor Relations Memory System LSI Foundry Samsung Display Corp Mobile eXperience Visual Display Device Solutions Device eXperience
Slide 5: 1Q 2024 Results & Financial Data
1Q 2024 Results & Financial Data Based on the consolidated financial statement in 1Q 2024 (Unit: KRW trillion) 1Q24 % of sales 4Q23 % of sales 1Q23 Key Profitability Indicators Sales 71.92 100.0% 67.78 100.0% 63.75 1Q24 4Q23 1Q23 Cost of sales 45.89 63.8% 46.12 68.0% 46.01 ROE 7% 7% 2% Gross profit
Slide 6: Results by Business Unit
Results by Business Unit Sales Operating Profit (Unit: KRW trillion) 1Q24 4Q23 1Q23 QoQ YoY 1Q24 4Q23 1Q23 QoQ YoY (Unit: KRW trillion) Total 71.92 67.78 63.75 6%↑ 13%↑ Total 6.61 2.82 0.64 3.78 5.97 DX 47.29 39.55 46.22 20%↑ 2%↑ DX 4.07 2.62 4.21 1.46 (0.13) MX / Networks 33.53 25.04 31.82 34%↑ 5%↑
Slide 7: Results & Outlooks: Memory
Results & Outlooks: Memory 1Q24 Results 2Q24 Outlook 2024 Outlook Overall demand was strong and prices continued to rise Expect demand to grow for products used in AI as well as for Expect business conditions to remain strong, including for with solid demand for DDR5 and storage for generative
Slide 8: Results & Outlooks: S.LSI/Foundry
Results & Outlooks: S.LSI/Foundry 1Q24 Results 2Q24 Outlook 2024 Outlook S.LSI S.LSI S.LSI Supply of components—e.g., SoCs and image sensors— Recognize on-device AI as a major growth opportunity while Expect price normalization from component suppliers to increased for major customers’ new pro
Slide 9: Results & Outlooks: SDC
Results & Outlooks: SDC 1Q24 Results 2Q24 Outlook 2024 Outlook Mobile Mobile Mobile Results declined due to weak seasonality and intensifying Expect sales to increase ahead of the launch of our major Anticipate moderate market growth with the OLED sales competition. customer’s new foldable pho
Slide 10: Results & Outlooks: MX/Networks
Results & Outlooks: MX/Networks 1Q24 Results 2Q24 Outlook 2024 Outlook MX MX MX The smartphone market entered the seasonally lower 1Q, Expect overall smartphone demand to decrease due to Expect smartphone/tablet/wearable markets to grow thanks to leading the premium and mass segments to decrea
Slide 11: Results & Outlooks: VD/DA/Harman
Results & Outlooks: VD/DA/Harman 1Q24 Results 2Q24 Outlook 2024 Outlook VD VD VD Market demand decreased Q-Q after the year-end peak Expect overall market demand to decrease due to reduced TV Expect overall TV demand to recover gradually, but macroeconomic season, but demand for QLED, OLED, an
Slide 12: Appendix 1: Financial Position (Summary)
Appendix 1: Financial Position (Summary) (Unit: KRW billion) 31.Mar.24 31.Dec.23 31.Mar.23 31.Mar.24 31.Dec.23 31.Mar.23 Assets 470,899.8 455,906.0 454,091.8 Cash ※ 97,392.8 92,407.2 108,182.5 Current ratio* 255% 259% 282% A/R 41,145.4 36,647.4 36,632.2 Inventories 53,347.7 51,625.9 54,419.6 Liabili
Slide 13: Appendix 2: Cash Flow (Summary)
Appendix 2: Cash Flow (Summary) (Unit: KRW trillion) 1Q24 4Q23 1Q23 Current State of Net Cash (Net Cash = Cash ※ - Debts) Cash (beginning of period) ※ 92.41 93.10 115.23 (Unit: KRW trillion) 31.Mar.24 31.Dec.23 31.Mar.23 Cash flows from operating activities 11.87 19.94 6.29 Net profit 6.75 6.34 1.57
Slide 14: Thank you
Thank you SAMSUNG