Slide 1: Operating Result Report for Q3 of 2024
Operating Result Report for Q3 of 2024 Oct. 28, 2024 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 1
Slide 2: Content
Content 1. Market Information 2. Operating Overview for Q3 of 2024 3. Outlook for Dynamic 4. Dynamic Actions in ESG 2024 © Dynamic Holding Co., Ltd. All Rights Reserved. 2
Slide 3: Disclaimer
Disclaimer ⚫ The forward-looking statements in this report contain unknown risks and uncertainties, which may cause actual operating results to be materially different from the forward-looking statements, the statements about historical events are excluded. ⚫ The forward-looking statements in this r
Slide 4: Market Information
Market Information 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 4
Slide 5: World Economic Outlook Update, October 2024
World Economic Outlook Update, October 2024 ⚫ The IMF projects global economic growth to remain around 3.2% in both 2024 and 2025, indicating a stable trend. In the U.S., strong consumer demand and resilience in the job market are expected to support economic growth in 2024. In contrast, Europe's re
Slide 6: Trends in the Electronic Market and PCB Market
Trends in the Electronic Market and PCB Market PRISMARK (2024.09.03) 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 6
Slide 7: Server/Storage/AI PCB Market
SERVER/STORAGE/AI PCB MARKET PRISMARK (2024.09.03) 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 7
Slide 8: Automotive PCB Market
AUTOMOTIVE PCB MARKET PRISMARK (2024.09.03) ➢ Product technology: HDI, above 10L, above level 2, high frequency, thick copper ➢ Product applications: autonomous driving, ADAS, smart cockpit, Internet of Vehicles computing, battery management modules, lens modules, etc. 2022 © Dynamic Holding Co., Lt
Slide 9: PCB Market Q/Q Growth
PCB MARKET Q/Q GROWTH PRISMARK (2024.09.03) 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 9
Slide 10: Operating Overview for Q3 of 2024
Operating Overview for Q3 of 2024 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 10
Slide 11: 2024Q3 Sales Analysis - Technology
2024Q3 Sales Analysis - Technology Q3 Q2 HDI HDI 35% 31% Multilayer Multilayer 65% 69% Revenue by Process Multilayer HDI 5,000 Change+ 5% Change+ 28% 4,000 3,000 (TWD M) SALES SALES 2,000 1,000 - 2Q24 3Q24 2Q24 3Q24 ■Multilayer HDI 2024 © Dynamic Holding Co., Ltd. All Rights Reserved. 11
Slide 12: Consolidated Income Statement
Consolidated Income Statement Accounts Q-o-Q Y-o-Y Q1-Q3 Q1-Q3 Y-o-Y 3Q24 2Q24 3Q23 (TWD 100M) Change% Change% 2024 2023 Change% Sales Revenue 47.48 42.28 12.3 % 42.09 12.8 % 131.47 115.48 13.8 % Gross Profit % 23.8 % 27.4 % (3.6)% 26.8 % (3.0)% 24.6 % 22.4 % 2.2 % ppts Operating expenses 6.76 6.11
Slide 13: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 3Q24 2Q24 3Q23 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 38.06 13.6% 43.28 16.2% 32.04 14.9% Accounts receivable 49.62 17.7% 45.54 17.0% 45.74 21.3% Inventories 29.23 10.4% 27.35 10.2% 21.21 9.9% Property, plant and equip
Slide 14: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement (TWD 100M) 3Q24 2Q24 3Q23 Cash at beginning of period 43.28 41.72 30.49 Cash Flow from Operating 6.87 5.41 3.17 Capital Expenditure (11.92) (16.55) (5.82) Cash Dividends Paid (4.17) 0.00 (2.22) Cash Flow from Financing 1.58 15.04 3.63 Investment & Other 2.17 (2.45) (
Slide 15: 2024Q3 Summary
2024Q3 Summary ⚫ By product category, the share of network communication and server products increased by 2 percentage points, and computers and peripherals by 1 percentage point. In contrast, the share of automotive boards decreased by 1 percentage point, display panels by 2 percentage points, whil
Slide 16: 2024Q3 Summary (Continued)
2024Q3 Summary (Continued) ⚫ The operating net profit margin was 9.6%, down by 3.4 percentage points from the previous quarter. ⚫ Non-operating income and expenses amounted to -78 million yuan, with an exchange gain of approximately 600,000 yuan. This was mainly due to exchange losses from the appre
Slide 17: Dynamic Technology Manufacturing (Thailand) Co., Ltd.
Dynamic Technology Manufacturing (Thailand) Co., Ltd. 2024 © Dynamic Holding Co., Ltd. All Rights Reserved. 17
Slide 18: Outlook for Dynamic
Outlook for Dynamic 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 18
Slide 19: Future Outlook
Future Outlook ⚫ In the fourth quarter, customer demand is expected to remain stable, with projected revenue on par with Q3. However, actual results will depend on customer pull-in patterns. ⚫ As for the gross margin, the full ramp-up of the 150,000 SF HDI production capacity at Huangshi Plant 2 in
Slide 20: Dynamic Actions in ESG
Dynamic Actions in ESG 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 20
Slide 21: 2024Q3 ESG Actions
2024Q3 ESG Actions ⚫ Our commitment to the Science-Based Targets initiative (SBTi) has officially entered the target-setting stage. The goals were submitted on September 18, 2024, and we anticipate approval by January 2025. ⚫ On October 1, 2024, we also submitted our CDP report, allowing multiple cl
Slide 22: Q&A
Q&A