Slide 1: Operating Result Report for Q3 of 2025
Operating Result Report for Q3 of 2025 Nov. 14, 2025 Dynamic Holding Co., Ltd. 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 2: Content
Content Disclaimer Market Information The forward-looking statements in this report contain unknown risks and uncertainties, which may cause actual operating results to be materially different from the Operating Overview for Q3 of 2025 forward-looking statements, the statements about historical even
Slide 3: Market Information
Market Information 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 4: Server, Storage and AI Market
SERVER, STORAGE AND AI MARKET AI Infrastructure is experiencing explosive growth and is driving development in new technologies, products, and supply chains. Prismark forecasted 24-29 CAAGR of Computing ASIC is 27.4% in value, and of GPU and HPC server is 21% in value。 2025 © Dynamic Holding Co., Lt
Slide 5: AI Bubble Concerns
AI BUBBLE CONCERNS ⚫ Concerns are mounting that the collective investment in AI is creating a bubble, not unlike dot-com ⚫ Investment in AI data centers is approaching similar scale as the mobile phone hardware segment, but at the service provider rather than end user level ⚫ Capex levels far exceed
Slide 6: PCB Demand by Application
PCB DEMAND BY APPLICATION 2025 © Dynamic Holding Co., Ltd. All Rights Reserved. Prismark (2025/11) 6
Slide 7: PCB Demand by Technology
PCB DEMAND BY TECHNOLOGY 2025 © Dynamic Holding Co., Ltd. All Rights Reserved. Prismark (2025/11) 7
Slide 8: PCB Market Outlook
PCB Market Outlook ⚫ A 12.8% growth in PCB market value is forecasted for 2025, and a 6.9% CAAGR in PCB market value is forecasted for 2024~2029. ⚫ High-density interconnect (HDI) market, driven by AI servers and high-speed networking, is projected to grow continuously. ⚫ High layer-count multilayer
Slide 9: Operating Overview for Q3 of 2025
Operating Overview for Q3 of 2025 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 10: 2025Q3 Sales Analysis - Technology
2025Q3 Sales Analysis - Technology Q3 HDI Q2 39% Multilayer HDI 61% 35% Multilayer 65% Revenue by Technology Multilayer HDI 6,000 5,000 Change- 2% Change+ 16% 4,000 (TWD M) (TWD M) SALES SALES 3,000 2,000 1,000 - 2Q25 3Q25 2Q25 3Q25 多層板 HDI 2025 © Dynamic Holding Co., Ltd. All Rights Reserved. 10
Slide 11: Consolidated Income Statement
Consolidated Income Statement Accounts Q-o-Q Y-o-Y Q1-Q3 Q1-Q3 Y-o-Y 3Q25 2Q25 3Q24 (TWD 100M) Change% Change% 2025 2024 Change% Sales Revenue 48.40 46.29 4.6 % 47.48 1.9 % 140.25 131.47 6.7 % Gross Profit % 19.4 % 21.5 % (2.1)% 23.8 % (4.4)% 19.9 % 24.6 % (4.7)% ppts Operating expenses 6.09 6.15 (1
Slide 12: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 3Q25 2Q25 3Q24 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 33.41 10.2% 38.96 12.6% 38.06 13.6% Accounts receivable 55.22 16.8% 47.27 15.3% 49.62 17.7% Inventories 40.25 12.3% 34.28 11.1% 29.23 10.4% Property, plant and equi
Slide 13: Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (TWD 100M) 3Q25 2Q25 3Q24 Cash at beginning of period 38.96 35.81 43.28 Cash Flow from Operating (1.37) 8.97 6.87 Capital Expenditure (12.09) (14.94) (11.92) Cash Dividends Paid (0.00) (4.16) (4.17) Cash Flow from Financing 9.61 10.13 1.58 Investment & Other (1.
Slide 14: 2025Q3 Summary
2025Q3 Summary ⚫ By product segment, Networking & Server and Computer & Peripherals each increased by 2 percentage points, while Storage Devices increased by 1 percentage point. The key growth products included network interface cards, AI PCs, and DDR5. Automotive PCBs, however, decreased by 4 perce
Slide 15: Outlook
Outlook 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 16: 2026 AI computing capacity expansion project at the Thailand plant
2026 AI computing capacity expansion project at the Thailand plant The AI high-end PCB capacity expansion project at the Thailand plant, announced on November 10, 2024, is expected to involve an investment of approximately NT$6.5 billion. The project includes the Phase 2 equipment expansion for the
Slide 17: Future Outlook
Future Outlook ⚫ Looking ahead to the fourth quarter of 2025, growth will continue to be driven primarily by storage devices and networking & server products, with demand remaining strong. Revenue is expected to be flat or show slight growth compared with the previous period. ⚫ Looking into 2026, re
Slide 18: Dynamic Actions in ESG
Dynamic Actions in ESG 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 19: Recent recognitions
獲獎肯定 We have recently received the following recognitions: ⚫ 2025 18th Taiwan Corporate Sustainability Awards: including Comprehensive Performance—Top 100 Sustainable Enterprises in Taiwan—and Sustainability Report—Silver Award. ⚫ Selected by CommonWealth Magazine × Taoyuan City Government as a Taoy
Slide 20: Q&A
Q&A Dynamic Holding Co., Ltd. 2025 © Dynamic Holding Co., Ltd. All Rights Reserved.