Slide 1: Simula Technology Inc. 2024 Q3 Result Summary
矽瑪科技股份有限公司 Simula Technology Inc. 2024 Q3 Result Summary 2024/10/28
Slide 2: Agenda
Agenda 1 、 Company Profile 2 、 2024 Q3 Financial Results 3 、 Business Update and Outlook 4、Q & A www.simulatechnology.co m 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice We have made forward-looking statements in the presentation. Our forward-looking statements contain information regarding, among other things, our financial conditions, future expansion plans and business strategies. We have based these forward-looking statements on our current ex
Slide 4: Company Profile
P&L - MoM Company Profile President JY HU www.simulatechnology.com 4
Slide 5: From parts to Key components and to Solution Provider
矽瑪科技股份有限公司 From parts to Key components and to Solution • www.simulatechnology.com Provider • 1990 Established • Service from standard connectors 、 cables to the • 2009 IPO customized service • 2020 Join Qisda Group • Focus on Automotive 、 Medical 、 Industrial 、 Consumer • 2021 Invest Action Star Co
Slide 6: 2024 Q3 Financial Results
P&L - MoM 2024 Q3 Financial Results CFO Kevin Huang www.simulatechnology.com 6
Slide 7: Consolidated Statement of Comprehensive Income – 2024/Q3
Consolidated Statement of Comprehensive Income – 2024/Q3 Unit：NTD thousands 2024 / Q3 2024 / Q2 QoQ 2023 / Q3 YoY amt % amt % amt g% amt % amt g% Net Sales 561,493 100% 360,907 100% 200,586 56% 437,630 100% 123,863 28% Cost of Good Sold (487,363) (325,064) -90% (162,299) (401,220) (86,143) Gross Mar
Slide 8: Consolidated Statement of Comprehensive Income - 2024 Q1~Q3
Consolidated Statement of Comprehensive Income-2024Q1~Q3 Unit：NTD thousands For the nine months ended For the nine months ended YoY 09/30/2024 09/30/2023 amt % amt % amt g% Net Sales 1,274,873 100% 1,683,719 100% (408,846) -24% Cost of Good Sold (1,139,943) (1,450,707) 310,764 -21% Gross Margin 134,
Slide 9: Consolidated Balance Sheets – 2024/09/30
Consolidated Balance Sheets – 2024/09/30 Unit：NTD thousands 2024/9/30 2024/6/30 QoQ 2023/9/30 YoY amt % amt % amt g% amt % amt g% Cash & Equivalent Cash 505,152 19% 551,003 21% (45,851) -8% 674,086 24% (168,934) -25% Account Receivables (net) 539,383 20% 359,865 14% 179,518 50% 456,656 17% 82,727 18
Slide 10: Key Financial Ratios (Consolidated)
Key Financial Ratios (Consolidated) 2024/9/30 2024/6/30 QoQ 2023/9/30 YoY AR Turnover (day) 99 95 4 107 -9 Inventory Turnover (day) 83 104 -22 92 -9 AP Turnover (day) 66 68 -2 60 6 Cash Coversion Cycle (day) 115 131 -16 139 -24 Current Ratio 212% 235% -23% 276% -64% www.simulatechnology.co m 10
Slide 11: Business Update and Outlook
P&L - MoM Business Update and Outlook President JY HU www.simulatechnology.com 11
Slide 12: Business Update
Business Update Revenue and gross margin decline, inventory decline Continuously increase revenues and cost savings, effectively control operating expenses. Orders from automotive gradually picked up in Q3 and profits increased. In line with customer needs, increase the ratio of MIT. www.simula.
Slide 13: Outlook
Outlook In response to tariffs and customer’s needs, continuously increase the ratio of MIT. By semi-automating production in Taiwan and increasing the ratio of MIT, we will be able to increase production capacity and secure more orders for automotive cable business. Evaluate connector automation
Slide 14: Q&A
P&L - MoM Q&A www.simulatechnology.com 14