Zenitron Corporation · TWSE:3028
Zenitron — Q3 2024 Earnings Presentation
24 slides from Zenitron's earnings presentation, Nov 28, 2024
Slide 1: 2024 Investor Conference
2024 Investor Conference 2024.11.28
Slide 2: Safe Harbor Statement
Safe Harbor Statement ◼ All financial information contained here within is presented in conformity with International Financial Reporting Standards (IFRSs) ◼ Zenitron’s forward-looking statements, which may include statements regarding its results of operations, financial condition or business prosp
Slide 3: Agenda
AGENDA Overview CFO Financial Update CFO Operation Outlook CEO Q&A TEAM
Slide 4: Overview
OVERVIEW
Slide 5: Overview
Overview ⚫ Founded in 1982, a pioneer among Taiwan semiconductor & electronic component distributors ⚫ OTC listed in 2000 and Taiwan Stock Exchange listed in 2002 (ticker: 3028 TT) ⚫ Our mission is to provide value-added total solutions and services with leading technology in all aspects ⚫ Contract
Slide 6: Global Operations
Shanghai OUR Headquarters Global Operations Sales Offices：18 Warehouses：5 Beijing Beijing Ningbo Qingdao Zhengzhou Shenzhen Nanjing Hefei Shanghai Suzhou Ningbo Chengdu Qingdao Wuhan Chongqing Suzhou Xiamen Headquarters Hsinchu Shenzhen Taichung Nanjing Hong Kong Kaohsiung Hong Kong Hefei Bangkok Ta
Slide 7: Our advantages
Our advantages • Comprehensive product lines in all applications Comprehensive • Powerful marketing and operation Producsts infrastructure. • Stable and strong financial • Partners: Joint technical seminars, structure. team buildings, product trainings, • Sufficient working capital external event pl
Slide 8: Dedicated to providing good returns to investors
Dedicated to providing good returns to investors *Dividend payout ratio: current year dividend per *Dividend yield: dividend per share / previous day share / previous year Earnings Per Share(EPS) stock price before Ex-Dividend Date
Slide 9: Financial Update
FINANCIAL UPDATE
Slide 10: Statement of Comprehensive Income
Statement of Comprehensive Income
Slide 11: Balance Sheet
Balance Sheet Key accounts Cash and cash equivalen Accounts receivable Inventory Other current assets Non-current assets Total Assets Loans Accounts payable Other current liabilities Other liabilities Total Liabilities Total Equity Indices Current ratio Debt/Assets ratio Debt/Equity ratio Unit:NT$Mn
Slide 12: Revenue
REVENUE NTSBn 50 40 30 20 10 oe Y¥2019 Y2020 Y2021 Y2022 Y2023 ‘y24(Q1-Q3) ENITRON
Slide 13: Revenue % - Shipment by Customer Nationality
REVENUE %- Shipment by Customer Nationality
Slide 14: Revenue % - Shipment by Geography
REVENUE %-Shipment by Geography
Slide 15: Revenue % - by Application
100% ~ 80% 60% 40% 20% 0% REVENUE %-by Application — TRON 2019 2020 2021 Y2023 Y24(Q1~Q3) @ Others = Handheld = Automotive m Power Supply @ Industrial Electronics = Consumer @ Retail & Telecom & Communication m EMS @ IT/Computing
Slide 16: EPS & ROE
EPS & ROE *: ROE 2024(Q1-Q3) annualized data
Slide 17: Cash Conversion Cycle
Cash Conversion Cycle — ENITRON 200 185 180 | 149 146 140 | 124 109 115 120 100 -— 80 — 60 ~ 40 - 20 - ° Y2019 Y2020 Y2021 Y2022 Y2023 Y24(Q1~Q3) AR days 105 89 83 79 91 90 Inventory days 76 63 74 105 137 103 AP days 56 42 42 35 42 47 Cash Conversion Cycle 124 109 115 149 185 146 lees AR days lllnve
Slide 18: ROWC & %Working Capital vs. Revenue
ROWC & %Working Capital vs. Renenue *: 2024(Q1-Q3) ROWC annualized data
Slide 19: Operation Outlook
OPERATION OUTLOOK
Slide 20: Operation Outlook
Operation Outlook • The current business forecast for the second half of the year is only the same as that of the first half. Next year, AI applications are expected to drive market activity. • The new generation chip platforms of Intel and AMD in the NB and MB markets will be successfully launched
Slide 21: Operation Outlook
Operation Outlook • The market demand for pure electric vehicles is stable, and the demand for fuel vehicles/hybrid vehicles is revived. • Electric vehicles in mainland China have achieved stable performance and growth due to national strategies • From Power Memory/SENSOR/MCU Products • There is sti
Slide 22: Operation Outlook
Operation Outlook • Telecom market is also gradually recovering, but there is no strong demand yet. • Introduction of photoelectric transmission modulesWiFi, • AIoT, BT module • Continue to promote new design projects in various industries, and use the main product line with subsidiary new product l
Slide 23: Q&A
Q&A
Slide 24: Q&A
Q&A