Asustek Computer Inc. · TWSE:2357
Asustek Computer — Asustek Computer Inc Regs — Q1 2025 Earnings Presentation
20 slides from Asustek Computer's earnings presentation, May 13, 2025
Slide 1: ASUSTeK 1Q 2025 Investor Conference
ASUSTeK 1Q 2025 Investor Conference
Slide 2: Disclaimer
Disclaimer ASUSTeK’s presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. The forward-looking statements in this release reflect the current belief of ASUS as of t
Slide 3: Agenda
Agenda • 1Q 2025 Financial Result • Strategy & Outlook • Q&A
Slide 4: 1Q 2025 Financial Result
1Q 2025 Financial Result
Slide 5: 2025 1Q Brand Income Statement
2025 1Q Brand Income Statement in NT$ Mn 2025 1Q 2024 4Q QoQ 2024 1Q YoY Net Revenue 135,188 141,426 -4% 114,106 18% COGS (114,213) (118,811) -4% (97,153) 18% Gross Profit 20,975 22,615 -7% 16,953 24% Operating Expenses (14,877) (16,271) -9% (12,317) 21% Bad Debt 5,351 (5,351) Operating Profit 11,44
Slide 6: 2025 1Q Brand Non-OP Items
2025 1Q Brand Non-OP Items in NT$ Mn 2025 1Q 2024 4Q QoQ 2024 1Q YoY Interest Income (net) 749 720 4% 694 8% Investment Income 1,443 1,026 41% 286 404% Askey 109 100 10% (376) 129% Others 1,334 926 44% 663 101% Exchange Gain/(Loss) 1,355 (658) 306% 578 134% Dividend Income 8 13 -38% Other Income (ne
Slide 7: 2025 1Q Brand Balance Sheet
2025 1Q Brand Balance Sheet in NT$ Mn Mar 31, 2025 Dec 31, 2024 QoQ Mar 31, 2024 YoY Cash & equivalents 86,456 70,381 23% 58,355 48% Accounts receivable 100,678 97,745 3% 80,835 25% Inventories 144,807 141,803 2% 128,251 13% Current Assets 354,579 331,499 7% 284,539 25% Long-term investments 127,928
Slide 8: 2025 1Q Revenue Mix
2025 1Q Revenue Mix Business Group Region 8 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 9: 2025 2Q Outlook
2025 2Q Outlook • PC QoQ +25% ~ +30% • Component & Server QoQ +10% 9 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 10: Strategy & Outlook
FUSS _INSEARCH OF INCREDIBLE Strategy & Outlook
Slide 11: 2Q 2025 Key Business Objectives
2Q 2025 Key Business Objectives Mitigate Strengthen Commit to Short-Term Operational Sustainable Growth Volatility Resilience and Leadership 11 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 12: Copilot+ PC Innovation and Leadership
Copilot+ PC Innovation and Leadership >25% • Ranked No.1 Copilot+ PC brand on x86 platform • Shipment +30% QoQ; in-house share >10% • Comprehensive AI PC Lineup Across Multiple Chip Platforms and User Segments Vivobook 14 & 16 ROG Flow Z13 Zenbook A14 TUF Gaming A14 12 CONFIDENTIAL AND PROPRIETARY I
Slide 13: No.1 Gaming Brand and Ecosystem
No.1 Gaming Brand and Ecosystem ROG FLOW 13 ROG Strix XG279CNS Leadership No.1 Gaming NB No.1 Gaming MB & Graphic Cards Astral LC GeForce RTX 5090 & ROG Astral GeForce RTX 5090 Rapid Growth and Expansion 2Q Gaming NB >30% YoY 2Q Total Gaming solutions >20% YoY 13 CONFIDENTIAL : ALL MATERIALS APPEARI
Slide 14: No.1 Gaming Brand and Ecosystem
No.1 Gaming Brand and Ecosystem ROG’s 2025 laptops with RTX 50 series deliver unmatched performance and futuristic design. Blazing- fast graphics, efficient cooling, and bold aesthetics make LEADERSHIP them a top choice for gamers and creators. A true powerhouse for those who dare. Through our colla
Slide 15: Ubiquitous AI. Incredible Possibilities
Ubiquitous AI. Incredible Possibilities ASUS ROG Everyday Industrial Infrastructure Cutting-Edge Design × Exceptional Performance Creator Workspace AI Next Computex 2025 15 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 16: System Business Group
System Business Group 25Q1 Revenue Superior Market Commercial PC Revenue +10~15% YoY Shipment Growth(YoY) +30~40% YoY +10~15% 2025 Q1 Performance +5% • PC shipments grew by 10~15% YoY, outperforming the market's 5% growth. Business • Commercial PC revenue delivered strong growth, driven by customer
Slide 17: Open Platform Business Group
Open Platform Business Group 25Q1 Revenue Display Revenue Next-Gen Graphic cards +20~25% YoY + 40~50% YoY Accelerate transition 2025 Q1 Performance >50% RTX 50 series 70%+ • Sustaining our dominant position in the motherboard and VGA industries. Business • Powering significant display revenue gains
Slide 18: AIoT Business Group
AIoT Business Group 25Q1 Revenue ASUS Ascent GX10 AI Innovation for , Critical Care +10~15% YoY Ultra-small Supercomputer 2025 Q1 Performance • ASUS Ascent GX10 delivers full-spectrum AI capabilities in a compact form, supporting Business everything from research and inferencing to autonomous AI age
Slide 19: Award
Award ASUS Listed Among Clarivate’s Top 100 Global Innovators 2025 • ASUS recognized for outstanding innovative performance through its strong patent strategy, especially patent influence and comprehensive geographical reach. ASUS Wins 22 Awards at the 2025 iF Design Awards • ASUS wins 22 iF Design
Slide 20: Q&A
FUSS _INSEARCH OF INCREDIBLE Q&A
Asustek Computer Inc Regs — Q1 2025 Earnings Presentation on 6ix