Good Way Technology Co., Ltd. · TPEX:3272

Good Way Technology — Q3 2025 Earnings Presentation

51 slides from Good Way Technology's earnings presentation, Nov 21, 2025

Slide 1: Good Way Technology Co., Ltd. 2025 Corporate Briefing
Good Way Technology Co., Ltd. 2025 Corporate Briefing (2025/11/21) Accounting Manager CFO & Spokesperson Finance Manager Sean Kang Gen Shueh Sabina Lee © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved.
Slide 2: Legal Notices and Disclaimers
Legal Notices and Disclaimers The information in this document is confidential to the person to whom it is addressed and should not be disclosed to any other person. It may not be reproduced in whole, or in part, nor may any of the information contained therein be disclosed without the prior consent
Slide 3: Safe Harbor Notice
Safe Harbor Notice This presentation may contain forward-looking statements which are subject to uncertainties and significant risks prone to alter with changing corporate priorities, the timely launch of new products, industry, and economic & political trends. Possible disruptions in commercial act
Slide 6: Good Way Technology
GOOD WAY TECHNOLOGY 3272.Tpex (2014.8.26) Inception 1993 HQ Taiwan Chairman Robert Tsao Factory Taiwan Locations China Vietnam Paid in NTD611mn Sales Taiwan Capital Locations China USA Number of > 1100 Business ODM Staff Model RD Staff > 100 Industry Computer Segment Peripheral © Copyright Good Way
Slide 7: Global Presence
Global Presence Corporate HQ Good Way Technology New Taipei City, Sindian, Taiwan North America Office GWC Technology Shanghai Office California, USA Good Trend Electronics Shanghai, China Taipei Factory Good Way Technology Kunshan Factory New Taipei City, Xhizhu, Taiwan Good Way Electronics (Kunsha
Slide 8: About the Factories
About the Factories Location KunShan, China Xizhi, New Taipei City, Taiwan Hung Yen, Vietnam Established April, 2001 December, 2021 November 2023 Property size 49,081m2 7,181m2 50,000 m2 Employees > 550 人 > 200 人 (E) > 400 人 ISO9001/14001/45001 ISO9001/14001/45001 ISO9001/14001 ISO System ISO50001/1
Slide 9: Business Scope and Main Product Lines
Edge AI+IoT Conference Docking SW+HW AI Visual Elderly Care Solution Station Integration Recognition Business Scope and Main Product Lines © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 9
Slide 10: Docking Stations
Docking Station • Thunderbolt 3/4/5 dock • USB4 dock • USB-C SST, MST dock • USB3 dock • Wireless dock • Smart IoT dock • WWCB dock • Others (Adapters, Converters, Hubs) Docking Stations © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 10
Slide 11: Main Focus: Docking Stations
Main Focus：Docking Stations Online Meeting, Education Wired Network Multiple Screen Extension  Power Bus Interface Expansion ➔ ▪ USB4 / Thunderbolt 5 ▪ USB-C / USB3.X Unlimited possibilities with One Single Connection Storage Media, Keyboard, Mouse, Printer Phone/Tablet Quick Charge © Copyright Goo
Slide 12: Work Performance is Increased by 42%
Work Performance is Increased by 42% MS Powerpoint MS Word MS Excel Line Internet Source: https://www.jonpeddie.com/news/jon-peddie-research-multiple-displays-can-increase-productivity-by-42/ © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 12
Slide 14: Conference Solutions
Docking USB3 Switch Hub Wireless Conference Station Extender HDMI Display Mate USB Video Capture Meeting Adapter HDMI-to-USB Console Conference Solutions © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 14
Slide 15: SW+HW Integration
Dock+ MCU Dock+ IoT Dock+ SoC Dock+ NPU Dock+ GPU MCU IoT SoC NPU GPU Console Dock Smart Managed Booking Dock AI Dock RTOS Dock Embedded OS Dock with Edge AI HID Interactive RTOS Android/Linux Computing Smart Power Dock management Via PCIe I/F from Cloud/Server Control Manage System AI Dock + button
Slide 16: AI Visual Recognition
ArgusPTZ: Combining AI-powered automatic camera movement, human tracking, and sound localization, this solution creates a smart video solution that requires no manual operation. It can widely be used in education, conferencing, and surveillance environments, helping businesses improve image processi
Slide 17: Smart Dock
IT personnel can manage multiple expansion base stations remotely by automatically updating firmware, monitoring system operation, eliminating downtime; ensuring smooth, uninterrupted performance and productivity. Smart Dock © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 17
Slide 18: Solution Features: Vertical Applications
Solution Features: Vertical Applications: • Utilizing edge computing AI data, • Identifying whether a person is in the ensuring 100% privacy protection. same location • Gesture recognition accuracy > 95% • Identifying whether a person is • Emergency incident system reporting walking, standing, sitti
Slide 19: INDEX: Innovation and R&D Excellence
d&i Award Innovation and R&D 目錄 Excellence INDEX EIA Award inner Continuously developing new products, new applications, and exploring all technological advancements © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 19
Slide 21: INDEX: Participation in International Standards
Participation in 目錄 International INDEX Standards Creating Optimal Compatibility and Latest Technology Specification for our Products and Solutions © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 21
Slide 22: Stringent Certification and Compliance
Stringent Certification and目錄Compliance Certificate TUV EN62368-1 Compliance Articles INDEX Requirements FCC Class A & Class B / Part 15B / Part 15C EN55022 / EN55035 / EN61000 / EN55015 / EN61547 / EN300220 / EN300328 CE EN301489-17 / EN301489-1 / EN30148-3 / EN302065 / EN62479 No Compromise on Saf
Slide 24: Industry Size and Outlook
Industry Size and Outlook Research Nester (Docking Station) Grand View Research (AI Laptop) CAGR 5.8% • 2024 Market Size: USD1.74bn • 2024 Market Size: USD28bn CAGR 17.9% • 2025 Market Size: USD1.83bn • 2033 Market Size: USD128bn • 2034 Market Size: USD3.06 Source: IDC © Copyright Good Way Technolog
Slide 25: Devices that can be used with Docking Stations
Devices that can be used with Docking Stations 2024 Output (Source IDC) • Laptops：185mn sets • Tablets：141mn sets • Smart Phones：1.24bn sets © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 25
Slide 26: Industry Value Chain
Industry Value Chain Upstream Midstream Downstream IC Components EE Components Corporate Mechanical Parts Government Packaging Education Power Parts Good Way Customer Medical Heat Dissipation Finance Connectors Personal Use PCBs SI Converters Others © Copyright Good Way Technology Co., Ltd. 2025. Al
Slide 27: Competition
Competition PC Brand Channel Brand Customers prioritize on quality. Customers prioritize on variation and price. Main Players are system houses. Main players are non-system houses. Characteristics: Characteristics: Limited Models, Large Quantities. Numerous Models, Small Quantities. Lower Gross Marg
Slide 30: Market & Production – Sales Overview
Market & Production – Sales Overview 2025 Q3 YTD Product Mix is Mainly Composed of Docking Stations By Amount YTD Q3 By Quantity YTD Q3 1% 2% 2% 2% 14% 8% 7% 3% 68% 93% Docks Video Converters Hub Adapters Others Docks Video Converters Hub Adapters Others © Copyright Good Way Technology Co., Ltd. 202
Slide 31: 2025 QoQ Simple Income Statement
2025 QoQ Simple Income Statement (NTD ‘000) Consolidated Q1 Q2 Q3 Q3 YTD Revenue 2025 Q3 YTD > 2024 Q3 YTD Revenue 755,546 778,159 702,044 2,235,749 2.236 bn > 2.008 bn Cost of Goods Sold 642,523 721,180 650,622 2,014,325 Gross Profit Gross Profit 113,023 56,979 51,422 221,424 2025 Q3 YTD > 2024 Q3
Slide 32: QoQ Comparison
QoQ Comparison (NTD’000) 1,000,000 778,011 755,546 778,159 Revenue 700,525 661,822 645,721 702,044 500,000 0 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025Q1 2025Q2 2025Q3 Gross Profit 200,000 68,612 74,897 61,452 107,112 113,023 56,979 51,422 0 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025Q1 2025Q2 2025Q3 OPEX 180,00
Slide 33: 2025/9/30 Simple Balance Sheet
2025/9/30 Simple Balance Sheet (NTD ‘000) 2025/9/30 Consolidated Simple Balance Sheet Cash, cash on hand, and financial assets measured at Short-term borrowings, long-term liabilities due within one year, and 1,113,531 1,962,466 amortized cost financial liabilities measured at fair value in profit o
Slide 34: 2025/9/30 Simple BS Comparison
2025/9/30 Simple BS Comparison (NTD ‘000) Consolidated 2024/9/30 2024/12/31 2025/9/30 Current Assets 2,541,984 2,851,936 2,855,081 Non-Current Assets 1,820,397 1,964,699 2,077,542 Total Assets 4,362,381 4,816,635 4,932,623 Current Liabilities 1,446,622 1,897.855 3,210,099 Approximately 1.43 bn Non-C
Slide 35: Important Financial Indicators
Important Financial Indicators Item 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 Debt to Asset Ratio 57.29% 57.28% 62.47% 63.03% 64.12% 65.12% 65.08% 67.85% 71.07% 76.05% 79.35% Long-term Funds to Fixed Assets Ratio 166.28% 154.79% 155.35% 193.03% 217.53% 2
Slide 36: Dividend Policy
Dividend Policy The dividend policy is based on the environment and growth stage (to address future funding needs, long-term financial planning, and to meet shareholders' cash flow requirements). Dividends will be allocated from distributable earnings based on future operating conditions. Shareholde
Slide 37: CAPEX
CAPEX Company NTD Good Way HQ 20,157,226 Primarily jigs and testing equipment. PLM software upgrades. Fire station. Fixtures and testing equipment. Collaborative robots. Good Way Kunshan 52,634,090 Production equipment. Testing equipment. Good Trend 107,747 Tax Software Production equipment, jigs, c
Slide 39: 2026 Outlook
2026 Outlook USB3/USB-C DisplayLink dock USB-C MST dock Thunderbolt dock Best Compatibility Best Cost-effective Highest Performance USB4 dock Smart dock Artificial Intelligence New Generation Manageable Software & AI Oriented © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 39
Slide 40: 2026 Outlook
2026 Outlook USB3/USB-C DisplayLink dock USB-C MST dock Thunderbolt dock TBT 4 Going into MP with Laptop Brand Laptop and channel brands continue to sell Primarily focused on bidding projects 19 TBT5 Projects to be launched USB4 dock Smart dock Artificial Intelligence In design and quotation process
Slide 41: What are Smart Docks?
What are Smart Docks? Display Link 1. Remote Management: Software upgrades and troubleshooting. 2. Dashboard: Real-time information and statistical information. MST 3. Energy Management: Scheduled power on/off. 4. Security Upgrades: Preventing unauthorized hardware connections. Thunderbolt 5. Large
Slide 42: What's the big deal with Thunderbolt 5?
What’s the big deal with Thunderbolt 5? 1. Best image quality: 4K x 3 or 8K x 2 2. High speed network: 2.5Gb (Up to 10Gb) Ethernet 3. Ample power: 140W 4. Data transfer: Up to 120Gbps 5. Compatibilty: TBT4/3/USB4/3/2 Some models: SSD Support PCIe 6,200MB/s © Copyright Good Way Technology Co., Ltd. 2
Slide 43: Global Patent Deployment
Global Patent Deployment Total 55 (40 Patents Granted/Under maintenance ; 15 Under Examination) UK Granted/Maintained Under Examination 2 0 USA EU Patent Office China Granted/Maintained Under Examination Granted/Maintained Under Examination Granted/Maintained Under Examination 17 3 7 5 2 5 Taiwan Gr
Slide 45: Corporate Governance Status
Corporate Governance Status 113年（第十一屆） https://www.goodway.com.tw/tw/investor/company/Governance_Implementation/Implementation_Status © Copyright Good Way Technology Co., Ltd. 2025. All Rights Reserved. 45
Slide 48: Caring for Employees, Cherishing Society
Caring for Employees, Cherishing Society • Hosting Family Day Tours • Hosting Lectures & Sharing Sessions • Supporting Rural Areas and Disadvantaged Groups • Creating Healthy Workplaces and Fitness Programs • Supporting Diversified Club Activities • Promoting Family Education • Providing Student Pro
Slide 49: Recent Highlight Events
Recent Highlight Events 2025 Events Q1 Winning the Commonwealth CSR Citizenship Little Giant Award Again Q1 Newly appointed company President and CTO joins the Good Way team Q2 Vietnam factor completes construction and enters into trial production Q2 ArgusPTZ & Smart Dock wins the 2025 National Bran

Good Way Technology — Q3 2025 Earnings Presentation on 6ix

Good Way Technology — Q3 2025 Earnings Presentation

Slide 1: Good Way Technology Co., Ltd. 2025 Corporate Briefing

Slide 2: Legal Notices and Disclaimers

Slide 3: Safe Harbor Notice

Slide 4: INDEX

Slide 5: INDEX

Slide 6: Good Way Technology

Slide 7: Global Presence

Slide 8: About the Factories

Slide 9: Business Scope and Main Product Lines

Slide 10: Docking Stations

Slide 11: Main Focus: Docking Stations

Slide 12: Work Performance is Increased by 42%

Slide 13: Customer Category

Slide 14: Conference Solutions

Slide 15: SW+HW Integration

Slide 16: AI Visual Recognition

Slide 17: Smart Dock

Slide 18: Solution Features: Vertical Applications

Slide 19: INDEX: Innovation and R&D Excellence

Slide 20: 2026 New Awards

Slide 21: INDEX: Participation in International Standards

Slide 22: Stringent Certification and Compliance

Slide 23: INDEX

Slide 24: Industry Size and Outlook

Slide 25: Devices that can be used with Docking Stations

Slide 26: Industry Value Chain

Slide 27: Competition

Slide 28: INDEX

Slide 29: Revenue Composition

Slide 30: Market & Production – Sales Overview

Slide 31: 2025 QoQ Simple Income Statement

Slide 32: QoQ Comparison

Slide 33: 2025/9/30 Simple Balance Sheet

Slide 34: 2025/9/30 Simple BS Comparison

Slide 35: Important Financial Indicators

Slide 36: Dividend Policy

Slide 37: CAPEX

Slide 38: INDEX

Slide 39: 2026 Outlook

Slide 40: 2026 Outlook

Slide 41: What are Smart Docks?

Slide 42: What's the big deal with Thunderbolt 5?

Slide 43: Global Patent Deployment

Slide 44: INDEX

Slide 45: Corporate Governance Status

Slide 46: Social Responsibility

Slide 47: CSR and ESG Report (2nd year of Issue)

Slide 48: Caring for Employees, Cherishing Society

Slide 49: Recent Highlight Events

Slide 50: INDEX

Slide 51: THANK YOU !