Asmpt Limited · HKEX:522
Asmpt — Q3 2021 Earnings Presentation
21 slides from Asmpt's earnings presentation, Oct 27, 2021
Slide 1: Q3 2021 Investor Presentation
Q3 2021 INVESTOR PRESENTATION 27th October 2021 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is provided for informational purpose only, and should not be relied upon for the These forward-looking statements reflect the Company’s current purpose of making any investment or for any other purpose. expectations, beliefs, hopes, intentio
Slide 3: Agenda
AGENDA Group Key Highlights Financial Performance Outlook Q&A 3
Slide 4: Group Key Highlights
ASM Pacific Technology
Slide 5: Group Key Highlights
Group Key Highlights Excellent Execution Amidst Supply Chain Challenges Broadening Customer Base for Advanced Packaging Experiencing Strong Demand from Automotive End Market Strategic Acquisition of Automation Engineering, inc. (AEi) 5
Slide 6: Financial Performance
ASM & Pacific Technology FINANCIAL PERFORMANCE
Slide 7: 9M 2021 Group Financial Results
9M 2021 Group Financial Results Record Bookings, Revenue and Net Profit3 (+51.5% YoY) (+80.3% YoY) US$2.03B1 US$2.69B1 Revenue Bookings Gross Cash and Bank Net Profit Margin Backlog Deposits 40.3%1 HK$2.26B1,2 US$1.41B (+333.9% YoY) Notes 1 excluding contributions from the Materials Segment, which h
Slide 8: 9M 2021 Group Financial Results
9M 2021 Group Financial Results Record Bookings, Revenue and Net Profit3 Record bookings, revenue and net profit3 Substantial backlog of US$1.41B and book-to-bill ratio of 1.33 ▪ Bookings remained elevated ▪ YoY gross margin improved sharply to 40.3% 1 1 Gross Strong revenue performance driven by: 3
Slide 9: Q3 2021 Group Financial Performance
Q3 2021 Group Financial Performance Record Revenue, Exceeded Guidance Record revenue exceeded top end of guidance Bookings remained elevated relative to historical Q3 levels, 1 1 increasing YoY, albeit moderated from high base in Q2 Gross Margin1 35.1% 40.6% 40.6% Sharp GM YoY improvement to 40.6% R
Slide 10: Q3 2021 Semiconductor Solutions Segment Performance
Q3 2021 Semiconductor Solutions Segment Performance Strong Revenue with Sharp YoY Segment Profit Improvement Robust QoQ and YoY revenue growth Segment profit of HK$799M, a 349.1% YoY increase Strong bookings, albeit moderating off a high base in Q2 Strong revenue attributed to following Business Uni
Slide 11: Q3 2021 SMT Solutions Segment Performance
Q3 2021 SMT Solutions Segment Performance Strong Revenue with Sharp YoY Gross Margin Improvement Robust QoQ and YoY revenue growth Segment profit improved to HK$572M, a 233.1% YoY increase Bookings momentum ▪ Automotive and Industrial end market applications continued their strong momentum. ▪ Comput
Slide 12: Key Partner to Industry Leading Customers
Key Partner to Industry Leading Customers Serving Industry-Leading Semiconductor and Electronics Manufacturers Globally 9M 2021 Revenue Breakdown by Geography Customer Groups OEM Fabless/Foundry OSAT EMS IDM LED Manufacturers CIS Camera High Density Module Substrate Manufacturers Manufacturers 12
Slide 13: Awards and Accolades in 2021 So Far
Awards and Accolades in 2021 So Far Intel Supplier Achievement Award (SAA) ▪ Recognised for COVID-19 Response ▪ One of only 38 suppliers in Intel supply chain to receive an SAA for 2020 Fifth VLSI Triple Crown in VLSIresearch Customer Satisfaction Survey 2021 ▪ Among 10 Best Large Semiconductor Equi
Slide 14: Outlook
ASM Pacific Technology 14
Slide 15: Revenue Outlook
Revenue Outlook Q4 2021 Revenue Outlook USD 720M to USD 770M Supported by Strong Backlog FY2021 Revenue Outlook ~USD 2.8B (+46% YoY) Poised to Achieve All-Time Record1 1 Based on 9M Actual results and mid-point of Q4 Guidance 15
Slide 16: Through-cycle Industry Revenue Growth
Through-cycle Industry Revenue Growth Unique Broad-based Portfolio Competitive Advantage Group Revenue Long Term Structural (in US$M) Growth 3-Year Average Revenue US$2,257 M 3-Year Average Revenue US$1,782 M 3-Year Average Revenue US$1,469 M 16
Slide 17: Key Investor Takeaways
Key Investor Takeaways Achieving Long Term Structural Growth with Our Unique Broad-Based Portfolio Strong Unique Long-Term Tailwinds Broad-based Portfolio Performance Long-Term Secular Growth Volume Leverage High Growth Drivers (Mainstream & Applicative Tools) (Advanced Packaging Tools) (5G, Automot
Slide 18: Strategic Acquisition of AEi
Strategic Acquisition of AEi Expands Addressable Market for Camera Assembly and Testing Background Strategic Rationale & Opportunity ▪ Provides ASMPT with significant presence in total automotive camera ▪ On 30 September 2021, ASMPT signed an agreement to acquire assembly and test solutions for glob
Slide 19: Strategic Acquisition of AEi
Strategic Acquisition of AEi Expands Addressable Market for Camera Assembly and Testing Automotive Camera Assembly and Test Solutions Market Automotive Camera + Active Alignment Market Adjacent Markets Security surveillance, drones & LiDAR 2021 2025 US$60M1 US$460M1 1 Based on management’s estimate
Slide 20: ASM Pacific Technology
ASM Pacific Technology 20
Slide 21: Thank You
Pa . ASM &) Pacific Technology