Tsc Auto Id Technology Co., Ltd. · TPEX:3611

Tsc Auto Id Technology — Q4 2023 Earnings Presentation

17 slides from Tsc Auto Id Technology's earnings presentation, March 2024

  1. Slide 1: TSC Auto ID Investor Conference

    TSC Auto ID Investor Conference Code: 3611 2024.03 © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  2. Slide 2: Agenda

    Agenda ◼ Financial Update ◼ Q&A © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  3. Slide 3: Disclaimer

    免責聲明 Disclaimer 簡報所提供之資訊可能含有前瞻性敘述，實際結果可能與這些前瞻 性敘述大不相同。簡報資料中所提供之資訊並未明示或暗示的表達 或保證其具有正確性及完整性，亦不代表鼎翰科技股份有限公司(本 公司)對產業狀況或後續重大發展的完整論述。 TSC Auto ID Technology and its subsidiaries have no intention and undertake no obligation to update any forward- looking statement, whether as a result of new information,

  4. Slide 4: Financial Update

    Financial Update © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  5. Slide 5: Quarterly Revenue Trend

    Quarterly Revenue Trend -1.9% 2,400 ✓ YoY-1.9% 2,182 2,195 (NT$ Millions) 2,108 2,141 2,042 1,980 2,000 1,811 1,762 1,908 ✓ Avg. NT$ 2.09 Billion, 1,777 1,665 1,736 the last 4 quarters 1,591 1,600 1,525 1,497 1,478 1,458 1,291 1,289 1,272 1,200 800 400 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

  6. Slide 6: Annual Revenue Trend

    Annual Revenue Trend (NT$ Millions) ✓ Record-high 2023 9,000 8,352 7,967 revenue NT$ 8.35 Billion 8,000 ✓ YoY+4.8% 6,849 7,000 5,857 ✓ CAGR 16.6% (2008~2023) 6,000 5,684 5,000 3,925 4,000 3,706 3,437 3,000 2,659 2,441 2,104 2,000 1,676 1,807 1,406 830 971 1,000 0 FY '08 FY '09 FY '10 FY '11 FY '12 F

  7. Slide 7: Revenue Contribution (4Q23)

    Revenue Contribution (4Q23) Total Revenue by Product Category Printers Associated Business by Region Printers Labels Others APAC EMEA Americas 7% 5% 21% 18% 35% 40% 32% 37% 58% 55% 50% 43% 4Q22 4Q23 4Q22 4Q23 © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  8. Slide 8: Revenue Contribution (FY23)

    Revenue Contribution (FY23) Total Revenue by Product Category Printers Associated Business by Region Printers Labels Others APAC EMEA Americas 7% 7% 23% 21% 37% 40% 33% 33% 56% 54% 44% 46% 2022 2023 2022 2023 © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  9. Slide 9: Printers Revenue by Product Category (4Q23)

    Printers Revenue by Product Category (4Q23) 4Q22 4Q23 Portable Portable 8.5% 4.0% Industrial Desktop 39.7% Desktop Industrial 51.5% 56.4% 40.0% © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  10. Slide 10: Printers Revenue by Product Category (FY23)

    Printers Revenue by Product Category (FY23) 2022 2023 Portable Portable 8.6% 4.1% Industrial Industrial 39.9% 35.1% Desktop Desktop 56.3% 56.0% © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  11. Slide 11: Label Business (Quarterly)

    Label Business (Quarterly) 35.0 (US$ Millions) +10.5% ✓ 4Q23 Revenue 30.0 26.3 27.0 27.3 US$ 27.3M, YoY 25.8 26.1 24.6 24.7 24.7 25.0 +10.5% 21.8 20.9 21.3 19.8 20.0 18.5 ✓ Avg. US$ 26.6M, 16.7 16.5 15.5 16.0 15.9 15.0 the last 4 quarters 15.0 10.3 10.0 5.0 .0 Q1* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

  12. Slide 12: Label Business (Annual)

    Label Business (Annual) 120.0 (US$ Millions) 106.2 ✓ Record-high revenue 100.4 US$ 106.2M, YoY +6% 100.0 83.9 ✓ CAGR 16.5% (2019~2023) 80.0 66.7 57.7 60.0 40.0 20.0 .0 2019 2020 2021 2022 2023 © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary. *Acquisition of DLS was completed in

  13. Slide 13: FY23 P&L Summary

    FY23 P&L Summary (NT$ Millions) 2023 2022 YoY Net Sales 8,352 100.0% 7,967 100.0% 385 4.8% Cost of Goods Sold 5,545 66.4% 5,319 66.8% 225 4.2% ✓ 2023 EPS NT$ 19.76 Gross Profit 2,807 33.6% 2,647 33.2% 160 0.4 ppt ✓ FY 23 profit Operating exepnses 1,611 19.3% 1,390 17.4% 221 15.9% distribution plan O

  14. Slide 14: 4Q23 P&L Summary

    4Q23 P&L Summary (NT$ Millions) 4Q23 4Q22 YoY Net Sales 2,141 100.0% 2,182 100.0% (41) -1.9% Cost of Goods Sold 1,472 68.7% 1,416 64.9% 56 3.9% Gross Profit 669 31.3% 766 35.1% (97) -3.8 ppts Operating exepnses 442 20.6% 376 17.2% 65 17.4% Operating Income 228 10.6% 390 17.9% (162) -7.2 ppts Non-ope

  15. Slide 15: Other Financials

    Other Financials (NT$ Million) Selected Item from Balance Sheets 4Q23 4Q22 YoY Cash & MarketAAle Securities 1,070 12% 1,144 14% (74) Accounts ReceivAAle 1,306 15% 1,350 16% (44) Inventories 1,494 17% 1,624 20% (131) Net PP&E 1,292 14% 1,054 13% 238 Long-term Investments 1,354 15% 1,098 13% 256 Total

  16. Slide 16: Q&A

    Q&A © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

  17. Slide 17: Thank You

    Thank You TSC Auto ID tscprinters.com © 2023 All Rights Reserved. TSC Auto ID. Confidential and proprietary.

TSC Auto ID Technology — Q4 2023 Earnings Presentation on 6ix