Samsung Electronics Co., Ltd. · KRX:005930
Samsung Electronics — Samsung Elect — Q4 2024 Earnings Presentation
15 slides from Samsung Electronics's earnings presentation, Jan 31, 2025
Slide 1: Samsung Electronics Earnings Presentation: 4Q 2024 Financial Results
SAMSUNG ELECTRONICS Earnings Presentation: 4Q 2024 Financial Results
Slide 2: Disclaimer
Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only before the external review on our 4Q 2024 financial results is completed. The Audit outcomes may cause some parts of this document
Slide 3: Index
Index PRESENTERS 4Q 2024 FINANCIAL PERFORMANCE APPENDICES RESULTS BY BUSINESS SEGMENT
Slide 4: Speakers and Moderator
Earnings Presentation Speakers Moderator Sooncheol Jaejune Kim, Hyeokman Mijung Noh, Charles Hur, Daniel Araujo, KL Roh, Daniel Oh, Park, EVP Kwon, VP EVP VP EVP EVP EVP Memory VP Foundry Samsung Display Mobile eXperience Visual Display Investor Relations Chief Financial Officer System LSI Corp Devi
Slide 5: 4Q 2024 Highlights
4Q 2024 Highlights Based on 2024 consolidated financial statements Quarterly results Sales Full-year results Operating profit KRW 75.8T Unit: KRW trillion KRW 300.9T 79.1 300.9 75.8 67.8 258.9 9.2 32.7 6.5 2.8 6.6 ~ ~ 4Q 2023 3Q 2024 4Q 2024 2023 2024
Slide 6: 4Q 2024 Results & Financial Data
4Q 2024 Results & Financial Data Based on 2024 consolidated financial statements % of % of % of % of KRW trillion 4Q23 3Q24 sales 4Q24 sales 2023 sales 2024 sales Sales and operating profit growth Sales 67.8 79.1 100.0% 75.8 100.0% 258.9 100.0% 300.9 100.0% Sales Operating Cost of sales 46.1 49.1 62
Slide 7: Results by Business Segment
Results by Business Segment Sales Operating profit 4Q23 3Q24 4Q24 QoQ YoY 2023 2024 YoY 4Q23 3Q24 4Q24 QoQ YoY 2023 2024 YoY KRW trillion KRW trillion Total 67.8 79.1 75.8 4%↓ 12%↑ 258.9 300.9 16%↑ Total 2.8 9.2 6.5 2.7↓ 3.7↑ 6.6 32.7 26.2↑ DX 39.5 45.0 40.5 10%↓ 2%↑ 170.0 174.9 3%↑ DX 2.6 3.4 2.3 1
Slide 8: Memory
Memory 4Q 2024 results DS results KRW trillion • Achieved record-high 4Q revenue backed by higher DRAM ASP, resulting from increased sales of HBM & high-density DDR5 • Mobile and PC demand remained soft 29.3 30.1 DS sales • Earnings declined due to R&D and initial ramp-up cost for advanced node capa
Slide 9: S.LSI / Foundry
S.LSI / Foundry 4Q 2024 results DS results KRW trillion • S.LSI : Earnings declined due to weak mobile demand and higher R&D expenses • Foundry : Earnings decreased due to lower utilization and higher R&D expenses; 2nm development underway, with DK released for customer design 30.1 DS sales 29.3 1Q
Slide 10: SDC (Samsung Display Corporation)
SDC (Samsung Display Corporation) 4Q 2024 results SDC results KRW trillion • Mobile : Performance impacted by weak smartphone demand & competition * Smartphone/IT/Auto etc. Sales Operating profit • Large : Year-end TV sales & productivity enhancements drove slight improvement * TV/Monitor 9.7 1Q 202
Slide 11: MX / NW
MX / NW 4Q 2024 results MX / NW results KRW trillion • MX: Smartphone sales declined due to fading effects of new flagship models On a full-year basis, flagship saw robust double-digit growth of S24 featuring MX/NW Operating profit Galaxy AI and tablet/wearables also increased • NW: Revenue/Profitab
Slide 12: VD / DA / Harman
VD / DA / Harman 4Q 2024 results VD/DA results • VD : Profitability decreased as a result of increased cost from intensified competition KRW trillion and slow demand VD/DA Operating profit • DA : Profitability declined due to increasing competition, but the YoY recovery trend was 14.4 VD/DA sales 14
Slide 13: Appendix 1: Financial Position (Summary)
Appendix 1: Financial Position (Summary) KRW billion 31.Dec.23 30.Sep.24 31.Dec.24 31.Dec.23 30.Sep.24 31.Dec.24 Assets 455,906.0 491,307.3 514,532.0 Current ratio ※ 259% 252% 243% Cash ※ 92,407.2 103,776.5 112,651.8 A/R 36,647.4 44,692.0 43,623.1 Liability/equity 25% 27% 28% Inventories 51,625.9 53
Slide 14: Appendix 2: Cash Flow (Summary)
Appendix 2: Cash Flow (Summary) KRW trillion 2023 4Q24 2024 Current State of Net Cash (Net Cash = Cash ※ - Debts) Cash (beginning of period) ※ 115.23 103.78 92.41 KRW trillion 31.Dec.23 30.Sep.24 31.Dec.24 Cash flows from operating activities 44.13 22.02 72.98 Net Cash 79.72 86.84 93.32 Net profit 1
Slide 15: Thank you
Thank you SAMSUNG