Samsung Electronics Co., Ltd. · KRX:005930
Samsung Electronics — Samsung Elect — Q1 2022 Earnings Presentation
8 slides from Samsung Electronics's earnings presentation, Apr 28, 2022
Slide 1: Earnings Release Q1 2022
Earnings Release Q1 2022 Samsung Electronics April 2022
Slide 2: Disclaimer
Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only, before the external review on our Q1 2022 financial results is completed. The review outcomes may cause some parts of this documen
Slide 3: Income Statement
Income Statement (Unit: KRW Trillion) Q1 ’22 % of sales Q4 ’21 % of sales Q1 ’21 Sales 77.78 100.0% 76.57 100.0% 65.39 Cost of Sales 47.07 60.5% 44.95 58.7% 41.50 Gross Profit 30.71 39.5% 31.62 41.3% 23.89 SG&A expenses 16.59 21.3% 17.75 23.2% 14.51 - R&D expenses 5.92 7.6% 6.47 8.4% 5.44 Operating
Slide 4: Segment Sales & Operating Profit
Segment Sales & Operating Profit Sales (Unit: KRW Trillion) Q1 ’22 Q4 ’21 Q1 ’21 QoQ YoY Total 77.78 76.57 65.39 2%↑ 19%↑ DX 48.07 44.57 42.48 8%↑ 13%↑ VD / DA 15.47 15.35 12.99 1%↑ 19%↑ - VD 8.72 9.29 7.22 6%↓ 21%↑ MX / Networks 32.37 28.95 29.21 12%↑ 11%↑ - MX 31.23 27.70 28.20 13%↑ 11%↑ DS 26.87
Slide 5: Q1 Results and Outlook by Business Unit: DS, SDC
Q1 Results and Outlook by Business Unit DS SDC 【Q1 '22 Results】 【Q1 '22 Results】 □ Memory Exceeded bit growth guidance thanks to solid demand mainly from server and PC, and price declines were milder-than-expected, leading our performance to top market forecasts □ Mobile Recorded slight Q-Q decrease
Slide 6: Q1 Results and Outlook by Business Unit: MX/NW, VD/DA
Q1 Results and Outlook by Business Unit MX / NW VD / DA 【Q1 '22 Results】 【Q1 '22 Results】 □ MX Market demand contracted Q-Q/Y-Y due to weak seasonality and political instability in the international landscape □ VD Market contracted Q-Q due to seasonality and dwindled Y-Y due to the base Delivered se
Slide 7: [Appendix 1] Financial Position
[Appendix 1] Financial Position (Unit : KRW Billion) Mar 31, Dec 31, Mar 31, 2022 2021 2021 Assets 439,327.0 426,621.2 392,826.3 - Cash ※ 125,889.6 124,206.7 131,865.0 - A/R 44,465.0 40,713.4 33,962.1 - Inventories 47,590.7 41,384.4 30,620.0 - Investments 28,090.4 29,284.6 25,175.7 - PP&E 149,618.0
Slide 8: [Appendix 2] Cash Flow
[Appendix 2] Cash Flow (Unit : KRW Trillion) Q1 ’22 Q4 ’21 Q1 ’21 Cash (Beginning of period) ※ 124.21 120.47 124.73 Cash flows from operating activities 10.45 20.63 13.80 Net profit 11.32 10.84 7.14 Depreciation 9.01 8.86 7.15 Cash flows from investing activities △9.65 △12.95 △8.05 Purchases of PP&E