Slide 1: Results Briefing June 2024
Results Briefing June 2024 4 September 2024 PC PARTNER (HSI 01263) www.pcpartner.com ## RESTRICTED ##
Slide 2: Disclaimer
Disclaimer These materials and the subsequent discussion are not an offer for sale of any securities of PC Partner Group Limited (the “Company”). The distribution of these materials in certain jurisdictions may be restricted by law and therefore persons into whose possession these come should inform
Slide 3: Financial Results Summary
Financial Results Summary HK#039;000 1H2024 1H2023 2023 2022 2021 2020 2019 Revenue 4,944,243 4,175,441 9,167,215 10,775,308 15,459,055 7,761,758 7,556,477 Gross Profit 558,352 323,752 700,746 1,562,962 4,287,162 795,355 516,314 Gross Profit Margin 11.3% 7.8% 7.6% 14.5% 27.7% 10.2% 6.8% Profit Attribut
Slide 4: Sales and Financial Performance
Sales and Financial Performance Sales by Geographical Region (HK$’m) Sales by Brand/non-brand (HK$’m) Sales by Products (HK$’m) Profit (HK$’m) Net Cash generated from Operating Net Assets (HK$’m) Activities (HK$’m) ## RESTRICTED ##
Slide 5: Sales Quantity of VGA Cards
Sales Quantity of VGA Cards M’Pcs ## RESTRICTED ##
Slide 6: Average Selling Price (ASP) of VGA Cards
Average Selling Price (ASP) of VGA Cards USD Remark: lack of RTX4090 6 ## RESTRICTED ##
Slide 7: Working Capital Ratios
Working Capital Ratios Days 7 ## RESTRICTED ##
Slide 8: Net Cash to Equity Ratio
Net Cash to Equity Ratio % 8 ## RESTRICTED ##
Slide 9: Capital Expenditure and Commitment
Capital Expenditure and Commitment Capital expenditure was HK$13.8m in 1H2024 Capital commitment was HK$101.2m by end of 1H2024 , mainly due to new headquarter setup in Singapore and manufacturing facility setup in Batam, Indonesia 9 ## RESTRICTED ##
Slide 10: Contingent Liability
Contingent Liability Reported a US$25m of “China Section 301 Tariff” previously Engaged professional to conduct a tariff classification analysis and conclude that no tariff should be payable by the Company Filed a litigation protest with U.S. CBP on 2 July 2024 Pending for U.S. CBP review and judgme
Slide 11: Outlook 2024
Outlook 2024 Estimated sales decline in third quarter Sales shall rebound for peak season in fourth quarter More ODM/OEM orders on VGA Cards in the first half , sales momentum expected to continue in the second half No significant revenue is expected to contribute by new products launched in this ye
Slide 12: Future Plans
Future Plans Engage with customers on more ODM/OEM orders with “China+1” strategy No trade restriction on top-of-the-line RTX GPU Maintain to be one of the key player in the GeForce gaming segment Intent to seek for NVIDIA support on AI cards for GPU server business Continue to develop project busin
Slide 13: SGX Listing and New Setup
SGX Listing and New Setup Application submitted for SGX Mainboard Secondary Listing by Introduction on 30 Aug 2024 Intend to convert to Primary Listing on SGX and then delist on HKEX No fundraising or share buyback for the listing & delisting exercises A strategic move for long-term business growth
Slide 14: Q & A
Q&A 14 ## RESTRICTED ##