Asmpt Limited · HKEX:522
Asmpt — Q3 2022 Earnings Presentation
17 slides from Asmpt's earnings presentation, Oct 26, 2022
Slide 1: Q3 2022 Results Presentation
Q3 2022 RESULTS PRESENTATION 26th October 2022 1
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 invest
Slide 3: Agenda
AGENDA Group Key Highlights Financial Performance Outlook Q&A 3
Slide 4: Group Key Highlights
enabling the digital world
Slide 5: 9M 2022 Group Key Highlights
9M 2022 Group Key Highlights Unique Broad-Based Portfolio In Play Resilient 9-Month Revenue and Gross Margin Performance Growing Contribution from Automotive Robust Demand for Advanced Packaging Tools Strong SMT Performance Giving Back To Shareholders 5
Slide 6: 9M 2022 Group Key Highlights
9M 2022 Group Key Highlights Unique Broad-Based Portfolio Anchored Resilient Performance (-4.5% YoY) 1 (-26.6% YoY) 1 (+77 bps YoY) (-83 bps YoY) US$1,920M US$1,958M 41.1% 17.6% Operating Revenue Bookings Gross Margin Margin Backlog Net Profit EPS US$1,282M HK$2,352M HK$5.71 (-8.6% YoY) 1 (+3.8% YoY
Slide 7: Unique Broad-Based Portfolio
Unique Broad-Based Portfolio Provides Significant Competitive Advantages Strong Unique Long-Term Tailwinds Broad-based Portfolio Performance Mainstream & Applicative Advanced Packaging Long-Term Secular Growth Tools Tools Drivers Volume Leverage + Cash (5G / AI / Advanced Displays / Generators High
Slide 8: Through-cycle Industry Revenue Growth
Through-cycle Industry Revenue Growth Unique Broad-based Portfolio Competitive Advantage Group Revenue (in US$M) 3,600 3-Year Average Revenue 3,200 US$2,376M 3-Year Average 2,800 Revenue US$1,990M 2,400 Legend 3-Year Average 3-Year Average Revenue ASMPT Revenue 2,000 Revenue US$1,546M (excluding rev
Slide 9: Financial Performance
ASMPT iisivons FINANCIAL PERFORMANCE
Slide 10: 9M 2022 Group Financial Results
9M 2022 Group Financial Results 3,000 2,687 Resilient Revenue and Gross Margin Performance 2,500 2,028 1,958 1,920 2,000 USD’M 1,500 Revenue 1,000 • Automotive and Industrial : Growth • Other end markets : Contributions dropped 500 • ~30% higher compared with average 9M of 3-year pre- 0 pandemic per
Slide 11: Q3 2022 Group Financial Results
Q3 2022 Group Financial Results 900 802 800 735 664 700 593 581 600 500 462 USD’M 400 300 Positive YoY Gross Margin Growth 200 100 0 Revenue Q3 2021 Q2 2022 Q3 2022 • Achieved Q3 revenue guidance (US$560M – US$630M) Bookings Revenue • Declined due to dampened consumer sentiment Gross 41.7% 40.6% 40.
Slide 12: Q3 2022 Semiconductor Solutions Segment Performance
Q3 2022 Semiconductor Solutions Segment Performance 500 456 456 450 392 400 350 300 272 281 Positive YoY Gross Margin Growth USD’M 250 189 200 150 100 Revenue 50 • IC/Discrete : QoQ declined due to mainstream tools but 0 Automotive and AP tools outperformed Q3 2021 Q2 2022 Q3 2022 • Optoelectronics
Slide 13: Q3 2022 SMT Solutions Segment Performance
Q3 2022 SMT Solutions Segment Performance 400 345 350 321 279 300 300 272 272 250 USD’M 200 150 Robust QoQ performance 100 50 0 Revenue Q3 2021 Q2 2022 Q3 2022 • QoQ growth driven by strong contributions from high-end Bookings Revenue placement tools within Automotive and Industrial Gross Margin 36.
Slide 14: Outlook
enabling the digital world
Slide 15: Outlook
Outlook Q4 2022 Revenue Guidance US$455m to US$525m (-38% YoY and -16% QoQ at mid-point of guidance) • 2022 PAE Market forecast downgraded: o YoY decline of 9.6%1 (August 2022) vs YoY growth of 8.2%1 (July 2022) • Challenging macroeconomics conditions • Seasonality Long Term Outlook • Near-term indu
Slide 16: Q&A
ASMPT iisivons Q&A 16
Slide 17: Thank You
THANK YOU