Slide 1: Primax 3Q 2024 Investor Conference
Primax 3Q 2024 INVESTOR CONFERENCE October 29, 2024 Bring Experience To Life
Slide 2: Primax Speakers and Agenda
58% Replace the Lorem Ipsum. Primax Speakers Primax 3Q 2024 Financial Results YY Hsiao General Manager CFO 64% Business Strategies And Growth Opportunities Ellen Tseng Replace the Lorem Ipsum. Senior Director Investor Relations Investor Feedback And Q&A With Primax Management PRIMAX ELECTRONICS – IN
Slide 3: Safe Harbor And Disclaimer
58% Safe Harbor And Disclaimer Replace the Lorem Ipsum. Primax’s presentation contains forward-looking statements subject to significant risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In this context, you can id
Slide 4: Primax 3Q24 Highlights
Primax 3Q24 Revenue, Gross Margin, Operating Margin Primax 3Q24 16.3% 16.1% 15.9% 17.3% 17.1% Highlights Quarterly 15,723 15,368 16,009 Quarterly Gross Income & Margin 5,000 4,500 4,000 18.0% 16.0% 14.0% Revenue 2,663 2,737 3,500 Primax delivered solid 3Q24 results, (NT$mn/%) 2,567 12.0% (NT$mn) 1
Slide 5: 3Q24 Income Statement
Primax 3Q24 Income Statement Jan-Sep Jan-Sep (NT$mn) 3Q 2024 2Q 2024 3Q 2023 QoQ YoY YoY Income Revenue 16,009 15,368 15,723 4.2% 1.8% 2024 45,025 2023 46,466 -3.1% Statement COGS 13,271 12,705 13,156 37,449 39,145 Gross Profit 2,737 2,663 2,567 2.8% 6.6% 7,576 7,320 3.5% Gross Margin (%) 17.1% 17.3
Slide 6: 3Q24 Balance Sheets
Primax 3Q24 Balance Sheets 3Q 2024 2Q 2024 3Q 2023 (NT$mn) Amount % Amount % Amount % Balance Cash Notes & Accounts Receivable 13,540 12,839 27% 25% 13,308 12,953 26% 26% 9,653 14,034 20% 29% Sheets Inventory Total Current Assets 8,198 37,208 16% 73% 7,691 36,899 15% 73% 7,536 34,913 15% 72% Fixed A
Slide 7: 3Q24 Statements Of Cash Flows
Primax 3Q24 Statements Of Cash Flows (NT$mn) 3Q 2024 2Q 2024 1Q 2024 4Q 2023 3Q 2023 From Operations 4,004 1,360 559 7,728 4,472 Statements of - Income Before Tax - Depreciation & Amortization 2,795 1,239 1,748 845 757 431 3,266 1,913 2,662 1,430 Cash Flows - Notes & Accounts Receivable - Notes & Ac
Slide 8: 3Q24 Revenue Breakdown
Performance By Applications 3Q24 Revenue 27% 26% Breakdown 3Q23 47% Information Products Smart Lifestyle 3Q24 50% Information products mix Auto / AIoT increased to 50% driven by PC and 24% gaming rush orders, up 0.7% YoY 25% Smart lifestyle contribution decreased to 24%, down 9.2% YoY but improv
Slide 9: Product Portfolio
Diversified Product Portfolio Offers Comprehensive One-Stop-Shop Solutions Product PC Peripheral Keyboard Module (KBM) Opto-Mechanical Electronics Printer MFP (OME) Portfolio Gaming Wireless Charging / Docking NB Camera Information Products Information Products PC peripherals, OME, docking and int
Slide 10: 4Q24 Revenue And Profit Outlook
Primax 4Q24 Revenue And Profit Outlook Revenue Outlook Profit Outlook 4Q24 revenue down double-digit QoQ due to GM YoY improvement on favorable mix 4Q24 soften demand & inventory depletion Continuously expanding high value-added Opex ratio is higher due to new business R&D investments and lo
Slide 11: Dividend Calendar
Cash Dividend Per Share, Dividend Payout And Dividend Yield 70% 73% Cash Dividend Dividend 80% 6.00 61% 64% 59% 70% 5.00 50% Cash Dividend Payout 3.90 4.00 60% Calendar 4.00 3.00 2.40 2.40 3.00 3.10 50% 40% 5.9% 30% 2.00 4.2% 5.3% 5.0% 20% 5.0% Primax's dividend payout remains at 1.00 4.4% 10% lea
Slide 12: ESG Commitment And Recognition
Primax ESG Commitment And Recognition ESG Highlights Net Zero Commitment • Setting emissions reduction target under SBTi validation, aiming for carbon neutral by 2040 and net zero emissions by 2050 Dedicated ESG office led by • To reach RE40 with regular carbon progress disclosure in 2023 Chairman
Slide 13: Why Primax? Investment Thesis
Why Primax? Investment Growth Opportunities Capitalizing On Mega Trends Margin And Profit Expansions Thesis 3 senses in 1 strategy AIoT, smart home, 5G/ cloud/ AI, Better product and customer mix Strong proven record of consistent Car electronics (EV/ ADAS/ auto, new audio Increase new b
Slide 14: Questions & Feedback
Questions & Feedback PRWANX
Slide 15: Contact Us
CON TACT US IR Team. ELLEN.TSENG Investor Relations | Taiwan Ellen.Tseng@primax.com.tw ELLEN.HSIAO Ellen.Hsiao@primax.com.tw Follow Us For More www.primax.com.tw Copyright © 2024 Primax Electronics