Chenbro Micom Co., Ltd. · TWSE:8210
Chenbro Micom — Q1 2025 Earnings Presentation
11 slides from Chenbro Micom's earnings presentation, May 2025
Slide 1: 2025Q1 Investor Presentation
Chenbro Micom 2025Q1 Investor Presentation May, 2025 ir@chenbro.com Confidential 0
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as
Slide 3: 25Q1 Results Highlight
25Q1 Results Highlight Revenue Gross Profit NT$4,154M NT$ 1,199M QoQ YoY QoQ YoY GM 7.5% 49.8% 25.4% 74.0% 28.9% Operating Profit EPS NT$ 885M NT$5.53 QoQ YoY OPM QoQ YoY 51.3% 99.3% 21.3% 41.4% 82.5% Confidential 2
Slide 4: Revenue Breakdown
Revenue Breakdown By Product By Geography Confidential 3
Slide 5: 2025Q1 - Quarterly Income Statement
2025Q1 - Quarterly Income Statement (NT$Mn) 25Q1 24Q4 QoQ 24Q1 YoY Net Revenue 4,154 3,865 7.5% 2,773 49.8% Gross Profit 1,199 956 25.4% 689 74.0% Operating Profit 885 585 51.3% 444 99.3% Non-Operating Income(Loss) 18 45 (60.0%) 50 (64.0%) Pretax Profit 903 630 43.3% 494 82.8% Tax Expenses 226 154 4
Slide 6: 2025Q1 - Consolidated Balance Sheet
2025Q1 - Consolidated Balance Sheet (NT$Mn) 2025.03.31 2024.12.31 QoQ 2024.03.31 YoY Total Assets 18,144 16,644 9.0% 13,737 32.1% Cash (Note) 5,133 4,541 13.0% 3,711 38.3% NR & AR 4,084 3,670 11.3% 2,780 46.9% Inventories 2,671 2,187 22.1% 1,655 61.4% Fixed Assets 5,420 5,406 0.3% 4,972 9.0% Total L
Slide 7: 2025Q1 - Consolidated Cash Flow Statement
2025Q1 - Consolidated Cash Flow Statement (NT$Mn) 25Q1 24Q1 YoY Beginning Balance (Note 1) 4,541 2,980 52% Cash inflow generated from operations 599 879 (32%) Capital expenditures (77) (113) (32%) Proceeds from short-term/long-term debt 10 (1,184) 101% Proceeds from convertible bonds 0 1,092 100% Ot
Slide 8: Dividend Distribution
Dividend Distribution 2020 2021 2022 2023 2024 EPS(NT$) 8.16 5.62 8.32 9.03 16.05 Dividend(NT$) 4.00 3.00 4.00 5.00 7.50 Dividend Yield 5.1% 4.6% 2.6% 1.7% 2.6% Payout Ratio 61% 53% 48% 55% 47% 【Notes】 • 2020-2023 yields are based on Chenbro’s closing share price on the day before ex-dividend day. 2
Slide 9: Business Outlook
Business Outlook As an Enclosure Solution Provider, Chenbro expanded into the customized rack business this year, leveraging its technical expertise to develop a potential new product line. In 2025, AI-related demand has surpassed expectations, general-purpose models are recovering, and project
Slide 10: Q&A
? ? ? Q&A ? Confidential 9
Slide 11: www.chenbro.com
www.chenbro.com Confidential 10