Holy Stone Enterprise Co., Ltd. · TWSE:3026
Holy Stone Enterprise — 2026 Q3 Investment Forum held by President Securities
19 slides from Holy Stone Enterprise's conference presentation, Sep 4, 2026
Slide 1: 2026 Q3 Investment Forum held by President Securities
Holy Stone Enterprise Co., Ltd. 2026 Q3 Investment Forum held by President Securities 2026/09/04 A PARTNER YOU CAN TRUST ｜ www.holystone.com.tw
Slide 2: Disclaimer
Disclaimer｜ The presentation and discussion contain current operational results, financial status and certain forward-looking statements. The forward-looking statements are subject to known and unknown uncertainties and risks that could cause actual results to differ materially from those expressed
Slide 3: Meeting Agenda
Meeting Agenda｜ ①Company Profile ②Recent Operating Result ③Q & A
Slide 4: Company Profile
Company Profile｜ Capital Stock: NT$1.66 Billion Headquarter: Taipei, Taiwan Plant Site: Longtan and Yilan, Taiwan；Hokkaido, Japan Employee Number: 994 for Parent Company (2025.12.31) Product Line: Passive Components, Active Components, System & Module, and Others
Slide 5: Company Profile: Business locations
Company Profile｜ Business locations UK China Norwich Shanghai, Nanjing, Wuhan, Guangzhou, Xiamen, Dongguan, Suzhou, Wenzhou, Shenzhen, Ningbo, Chongqing, Hongkong Japan Hokkaido USA Singapore California Taiwan Plant Taipei(HQ) Taoyuan Taichung Yilan Kaohsiung
Slide 6: Operating Result: Consolidated Revenue by Territory
Operating Result｜ Consolidated Revenue by Territory 9% 11% 11% 10% 2% 2% 2% 2% 19% 17% 23% 2% 21% 22% 16% China 72% 66% 64% 66% 63% Taiwan USA Others 2021 2022 2023 2024 2025
Slide 7: Earnings Performance: Consolidated Income Statement (by Quarter)
Earnings Performance ｜ Consolidated Income Statement (by Quarter) In NT$ Millions 2026.4~6 2026.1~3 2025.4~6 QoQ YoY Net Sales $ 4,097 $ 3,618 $ 3,272 13% 25% Gross Margin 26.2% 24.2% 19.8% 8% 32% Operating Express 446 394 352 13% 27% Operating Income 627 483 297 30% 111% Operating Margin 15.3% 13.4
Slide 8: Earnings Performance: Consolidated Balance Sheet
Earnings Performance ｜ Consolidated Balance Sheet 2026.06.30 2025.12.31 2025.06.30 In NT$ Millions Amount % Amount % Amount % Cash and Cash Equivalents $ 4,525 25% $ 4,619 29% $ 5,475 33% Accounts Receivable 4,380 25% 3,784 24% 3,116 19% Inventory 2,646 15% 2,156 14% 2,241 13% TOTAL ASSETS 17,720 10
Slide 9: Earnings Performance: Consolidated Cash Flow Statement
Earnings Performance ｜ Consolidated Cash Flow Statement In NT$ Millions 2026 Jan.-Jun. 2025 Jan.-Jun. Income before Income Tax $ 1,331 $ 587 Net cash generated from operating activities 829 1,009 Net cash generated from (used in) investing activities (461) (148) Acquisition of property, plant and eq
Slide 10: Sales by Product: Yearly Trend
Sales by Product｜ Yearly Trend 100% 21% 22% 19% 19% 20% 19% 18% 24% 80% 14% 14% 15% 12% 13% 15% 15% 14% 60% 22% 26% 21% 22% 24% 23% 20% 26% Passive Components 40% Active Components 42% 45% 42% 47% 45% System & Module 20% 41% 40% 40% Others 0% 24'Q3 24'Q4 25'Q1 25'Q2 25'Q3 25'Q4 26'Q1 26'Q2
Slide 11: AI application in Passive Component revenue: Trend
AI application in Passive Component revenue｜ Trend 6000 5,672 35 32% 5,024 5,004 30 5000 27% Passive components 25 annual revenue 4000 (In NT$ Million) 19% 20 Passive Components 3000 Quarterly Revenue 15 (In NT$ Million) 11% 1,853 2000 1,702 AI application ratio 8% 10 1000 5 0 0 2023 2024 2025 2026
Slide 12: From 10kW to 1000kW, AI power is driving a comprehensive upgrade in electricity demand
From 10kW to 1000kW, AI power is driving a comprehensive upgrade in electricity demand｜ 800V | HVDC 1,200 Rubin Ultra 1000KW+ 1,000 800 600 400 Vera Rubin 200KW+ Blackwell Ultra Blackwell 150KW 200 Ampere Hopper 120KW Unit : KW 10KW 40KW 0 2020 2022 2024 2025 2026 2027 Source : NVIDIA
Slide 13: Evolution of AI Power Supply Architecture
Evolution of AI Power Supply Architecture｜ Source : Infineon
Slide 14: Custom-designed low-loss, high-voltage, high-capacitance NP0 for AI server power and BBU
Custom-designed low-loss, high-voltage, high-capacitance NP0 specifically for AI server power and BBU usage scenarios｜ Customized low-loss (NP0) NVIDIA Server power Quantity used per AI Server Power Year Rack voltage High voltage, high capacitance Major global CSP GPU Model supply wattage single rac
Slide 15: 100–150V DC high-voltage, high-capacitance, high-temperature X7*, X8* new growth cycle
100–150V DC high-voltage, high-capacitance, high- temperature X7*, X8* are entering a new wave of growth cycle｜ Single High temperature Maximum MLCC Application App. model TCC operating Reference material scenarios Voltage Usage temperature specifications quantity AI MB X7* 125℃ PSU、BBU、CBU 48V 1206
Slide 16: Major TPU and ASIC shipments
Major TPU and ASIC shipments｜ Figure: Google’s TPU (m units) Figure: AWS Trainium (m units) Old gen v7 (Ghostfish) v8AX (Sunfish/Hellcat) Old gen T2 R2 T3 (Alchip) T3 (MRVL) T4 v8x (Zebrafish/Maddog) v8e (Humufish) v8p (Pumafish) 80 100 400 3,600 400 120 500 2,600 1,700 1,020 4,200 304 1,520 1,984 2
Slide 17: Recent Operating Events
Recent Operating Events ｜ The operating results for second quarter were favorable, mainly benefiting from increased production and sales for high-end MLCCs, also driven gross margin to expand. Looking ahead to third quarter, MLCC sales into GPU power systems and BBU racks continue to show robust, ac
Slide 18: Q & A Thank you for listening!
Q&A Thank you for listening! If you have any questions, please drop us an e-mail at IR@holystone.com.tw, and we will get back to you shortly.
Slide 19: A PARTNER YOU CAN TRUST
A PARTNER YOU CAN TRUST ｜ www.holystone.com.tw
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