Slide 1: Q1 2023 Results Presentation
Q1 2023 Results Presentation 26th April 2023
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 │ Q2 2023 Revenue Guidance 04 │ Key Investor Takeaways 05 │ Q&A 3
Slide 4: Key Highlights
ASMPT asians Key Highlights
Slide 5: SMT's Robust Performance
SMT’s Robust Performance • Strong revenue and bookings • Gained market share and commands a leading position • Strong contribution from Automotive and Industrial end-markets 5
Slide 6: Advanced Packaging Highlights
Advanced Packaging Highlights Thermo-compression Bonding (TCB): • Repeat HBM order for HPC applications • Expansion in global OSAT customer base • Delivered next-gen tool to global foundry customer Hybrid Bonding (HB): • Maiden customer order for 3D integration to be shipped in 2024 Electro- Ultra P
Slide 7: Advanced Packaging: Potential from Generative AI Applications
Advanced Packaging Potential from Generative AI Applications • Demanding computing and memory requirements from generative AI applications, including HBM • Generative AI’s complex heterogeneous integration architecture requires Artificial GPU/CPU/ Intelligence FPGA & HBM far more interconnects betwe
Slide 8: Advanced Packaging: Example of High-end HPC Device Using TCB and HB
Advanced Packaging An example of a High-end HPC device using both TCB and HB Interconnects by TCB = 54 Interconnects by HB = 6 Memory stacking (A) Chiplet integration to Active 48 interconnects (4 x 12 = 48) Interposer (B) 6 interconnects (6 x 1 = 6) Passive interposer Active interposer Bonding to P
Slide 9: Financial Performance
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Slide 10: Q1 2023 Key Financials
Q1 2023 Key Financials Revenue Bookings Backlog US$500M US$453M US$1,111M (-25.6% YoY)1 (-49.7% YoY)1 (-26.6% YoY)1 (-9.5% QoQ)1 (+13.8% QoQ)1 (-2.9% QoQ)1 Gross Margin Operating Margin 40.4% 11.9% (-21 bps YoY) (-717 bps YoY) (-98 bps QoQ) (-181 bps QoQ) Net Profit EPS HK$315M HK$0.77 (-62.0% YoY)
Slide 11: Q1 2023 Group Financial Results
Q1 2023 Group Financial Results 903 675 553 453 500 USD’M 398 Revenue • Above guidance mid-point • QoQ decline mainly due to impact from SEMI Q1 2022 Q4 2022 Q1 2023 Bookings Revenue Gross Margin 40.6% 41.4% 40.4% Bookings • QoQ growth mainly from Automotive 1,004 Gross margin 593 HKD’M 466 • QoQ de
Slide 12: Q1 2023 Semiconductor Solutions Segment Performance
Q1 2023 Semiconductor Solutions Segment Performance 527 377 241 Revenue USD’M 192 197 144 • IC/Discrete: Continued weak demand for mainstream tools while Automotive maintained highest contribution • Optoelectronics: Mainly driven by high-end Automotive, Q1 2022 Q4 2022 Q1 2023 Silicon Photonics and
Slide 13: Q1 2023 SMT Solutions Segment Performance
Q1 2023 SMT Solutions Segment Performance 375 298 313 303 254 261 USD’M Revenue Q1 2022 Q4 2022 Q1 2023 • Powered by Industrial and Automotive, mainly from Bookings Revenue Europe Gross Margin 35.5% 39.1% 37.4% Bookings 527 • QoQ growth driven by Automotive and Industrial 480 438 HKD’M Gross margin
Slide 14: Q2 2023 Revenue Guidance
Q2 2023 Revenue Guidance
Slide 15: Q2 2023 Revenue Guidance US$455m to US$525m
Q2 2023 Revenue Guidance US$455m to US$525m (-26.2% YoY and -2.0% QoQ at mid-point of guidance) • Short term outlook uncertain due to: o Weak consumer sentiments o Automotive and Industrial are bright spots • Over the longer term, Group’s business performance will be supported by: o Automotive elect
Slide 16: Key Investors Takeaways
ASMPT iiiavions digital world Investors Takeaways
Slide 17: Key Investor Takeaways
Key Investor Takeaways Unique Broad-based Portfolio Strong Unique Long-Term Tailwinds Broad-based Portfolio Performance Mainstream & Applicative Tools Advanced Packaging Long-Term Secular Growth Volume Leverage + Cash Tools Drivers Generators High Growth + High Margin (5G / AI / Advanced Displays /
Slide 18: ASM PT iiiavions
ASM PT iiiavions digital world
Slide 19: Thank You!
Thank You! For enquiries, please contact: Mr. Romil Singh / romil.singh@asmpt.com Mr. Leonard Lee / leonard.lee@asmpt.com asmpt.com