Gcs Holdings, Inc. · TPEX:4991
Gcs — Q3 2023 Earnings Presentation
14 slides from Gcs's earnings presentation, Oct 31, 2023
Slide 1: Q3 2023 Quarterly Online Investor Conference
環宇 芯系天下 March 3, 2016 Q3 2023 Quarterly Online Investor Conference (線上法說會) October 31, 2023
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation includes forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that GCS Holdings, Inc. expects or anticipates will or may occur in the future (including but not limited to projecti
Slide 3: Agenda
Agenda Opening: Brian Ann, CEO & President Financial Section: Kelly Lin, Special Assistant to CEO Participant: Simon Yu, Senior VP and Spokesperson Q&A: All 2
Slide 4: Financial Section
FINANCIAL SECTION 3
Slide 5: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ (in NT$ thousands except EPS) 3Q23 3Q23 3Q23 2Q23 3Q22 Over Over 2Q23 3Q22 Net Operating Revenue 357,878 322,231 342,099 11.1% 4.6% Gross Profit 56,336 47,849 78,551 17.7% -28.3% Gross Margin 15.7% 14.8% 23.0% Operating Expenses (115,563) (141,953) (115,673)
Slide 6: Revenue Mix % vs Gross Margin - QoQ
Revenue Mix % vs Gross Margin - QoQ 5
Slide 7: KGD Revenue Mix - QoQ
KGD Revenue Mix - QoQ 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% KGD Revenue Analysis-By Application 93% 88% ~ 84% 85% 83% 78% 65% 32% 3% 19% 1% 4% 12% 3% 11% 9967 9% 1% % 4% %6 a4 Q1 Q2 Q3 Q4 ai Q2 2021 2022 2022 2022 2022 2023 2023 m™DC/AOC PON MLTE/Ethernet & Other 96% 2% Q3 2023 2%
Slide 8: Non-operating Income and Expenses - QoQ
Non-operating Income and Expenses- QoQ (in NT$ thousands) 3Q23 3Q23 3Q23 2Q23 3Q22 Over Over 2Q23 3Q22 Other Income - other 313 1,028 1,233 -69.6% -74.6% Other Gains and Losses Net currency exchange loss (999) (915) (11,042) 9.2% -91.0% Gain on disposal of property,plant and equipment - - 385 - -100
Slide 9: Statements of Comprehensive Income - YoY
Statements of Comprehensive Income - YoY (in NT$ thousands except EPS) 2023 2022 % % Change (%) Jan to Sep. Jan to Sep. Net Operating Revenue 950,590 100.0% 979,343 100.0% -2.9% Operating Cost (811,921) -85.4% (712,068) -72.7% 14.0% Gross Profit 138,669 14.6% 267,275 27.3% -48.1% Operating Expenses
Slide 10: Non-operating Income and Expenses - YoY
Non-operating Income and Expenses- YoY (in NT$ thousands) 2023 2022 Change (%) Jan to Sep. Jan to Sep. Other Income 2,341 2,671 -12.4% Other Income - Income from forgiveness of PPP loan - 5,408 -100.0% Other Gains and Losses Net currency exchange loss (1,460) (33,156) -95.6% Gain on disposal of prop
Slide 11: Balance Sheet Highlight & Key Indices
Balance Sheet Highlight & Key Indices Selected Items from Balance Sheet (in NT$ thousands) 3Q23 2Q23 3Q22 Amount % Amount % Amount % Cash and Cash Equivalent 231,216 6% 273,365 6% 824,740 17% Accounts Receivable 216,692 5% 245,254 6% 237,183 5% Accounts Receivable - Related Party 2,439 - 2,853 0% 9,
Slide 12: Cash Flows
Cash Flows (in NT$ thousands) 3Q23 2Q23 3Q22 Beginning Balance 273,365 337,650 864,552 Cash from Operating Activities 4,114 (39,125) 7,530 Acquisition of property, plant and equipment (6,581) (20,361) (109,337) Increase in other current assets (32,309) (3,100) (1) Proceeds from the sale of PP&E - 5,
Slide 13: Q&A
Q&A 12
Slide 14: For further inquiry
環宇 系天下 For further inquiry investors@gcsincorp.com 13