Slide 1: Q3 2024 Results Presentation
Q3 2024 Results Presentation 30 October 2024
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is provided for These forward-looking statements reflect the Company’s current informational purpose only and should not be relied upon for the expectations, beliefs, hopes, intentions or strategies regarding the purpose of making any investm
Slide 3: Agenda
Agenda 01 │ Key Highlights 02 │ Financial Performance 03 │ AAMI Update 04 │ Outlook & Q4 2024 Revenue Guidance 05 │ Q&A 3
Slide 4: Key Highlights
Key Highlights Private and confidential
Slide 5: Advanced Packaging: Strong Demand Across Multiple Solutions
Advanced Packaging Strong Demand Across Multiple Solutions Thermo Compression Bonding (“TCB”) Photonics: Logic: • Photonics: Meaningful order wins; in line with robust • Order momentum for C2W from leading IDM continued in Q3 demand for 800G optical transceivers for data centres • Joint development
Slide 6: Financial Performance
Financial Performance Private and confidential
Slide 7: Q3 2024 Key Financials
Q3 2024 Key Financials Revenue Bookings Backlog US$429M US$406M US$806M (-3.7% YoY)1 (+7.1% YoY)1 (-13.3% YoY)1 (+0.1% QoQ)1 (+1.5% QoQ)1 (-2.2% QoQ)1 Gross Margin Operating Margin 41.0% 5.3% (+683 bps YoY) (+343 bps YoY) (+94 bps QoQ) (+129 bps QoQ) Adjusted Net Profit 2 Adjusted EPS 2 HK$30M HK$0.
Slide 8: Q3 2024 Group Financial Results
Q3 2024 Group Financial Results 444 427 429 379 399 406 Revenue US$’M • At high end of guidance • SEMI increased; SMT declined Q3 2023 Q2 2024 Q3 2024 Bookings Revenue Bookings • Strong YoY growth due to SEMI Gross Margin 34.2% 40.0% 41.0% • Book-to-bill at 0.95; improved YoY & QoQ Operating Profit
Slide 9: Q3 2024 Semiconductor Solutions Segment Performance
Q3 2024 Semiconductor Solutions Segment Performance 238 229 Revenue 222 213 201 169 • IC/Discrete: Increased QoQ, mainly driven by mainstream die & wire bonders US$’M • Optoelectronics: Increased QoQ, mainly from photonics • CIS: Declined QoQ due to seasonality Q3 2023 Q2 2024 Q3 2024 Bookings Reven
Slide 10: Q3 2024 SMT Solutions Segment Performance
Q3 2024 SMT Solutions Segment Performance 243 209 215 199 177 168 US$’M Revenue & Bookings • Declined due to ongoing softness in SMT’s Q3 2023 Q2 2024 Q3 2024 overall market Bookings Revenue • Maintained leading market position Gross Margin 36.0% 35.6% 32.3% Gross margin • Declined due to product mi
Slide 11: AAMI Update
AAMI Update Private and confidential
Slide 12: AAMI: Proposed Transaction
AAMI: Proposed Transaction As announced on 23 October 2024, the Group has proposed to dispose of its stake in its strategic joint venture, Advanced Assembly Materials International Limited (“AAMI”) to Shenzhen Original Advanced Compounds Co., Ltd. (“SOAC”)1 in consideration of new shares to be issue
Slide 13: Outlook & Q4 2024 Revenue Guidance
Outlook & Q4 2024 Revenue Guidance Private and confidential
Slide 14: Outlook & Q4 2024 Revenue Guidance
Outlook & Q4 2024 Revenue Guidance Near-term outlook: • Remain confident about advanced packaging prospects • SMT bookings bottoming out • SEMI mainstream recovery slower than anticipated Q4 2024 Revenue Guidance Considering the above and seasonality effect, the Group expects Q4 2024 revenue to be:
Slide 15: Q&A
Q&A Private and confidential
Slide 16: Thank You!
Thank You! For enquiries, please contact: Mr. Romil Singh / romil.singh@asmpt.com Mr. Leonard Lee / leonard.lee@asmpt.com asmpt.com Private and confidential
Slide 17: Appendix
Appendix Private and confidential
Slide 18: Reconciliation to Non-HKFRS Measures
Reconciliation to Non-HKFRS Measures The below tables highlighted the reconciliations of the Group’s financial measures prepared in accordance with Hong Kong Financial Reporting Standards (“HKFRS”) for Q3 2024, Q2 2024 and Q3 2023 to the non-HKFRS measures: Q3 2024 Q2 2024 Q3 2023 Non-HKFRS adjustme