Slide 1: 4Q24 & 2024 Consolidated Financial Results
Compal Electronics, Inc. 4Q24 & 2024 Consolidated Financial Results Save the earth…Please print out only when necessary Feb 27, 2025
Slide 2: Safe Harbor Notice
Safe Harbor Notice Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. These forward looking statements are not based on histori
Slide 3: Agenda
Agenda ◼ Welcome ◼ 4Q24 & 2024 Financial Review ◼ 2024 Earning Distribution ◼ Business Update & Outlook ◼ Q&A 3
Slide 4: 4Q24 & 2024 Financial Review
~/ COMPAL 4Q24 & 2024 Financial Review
Slide 5: Quarterly Revenue Mix
Quarterly Revenue Mix Non-PC Non-PC 30% 23% Non-PC 23% 4Q23 Revenue 4Q24 Revenue NT$241.7B 3Q24 Revenue NT$229.2B PC Units: 8.2M PC Units: 7.8M NT$244.3B PC Units: 8.3M NB PC NB PC 70% 77% NB PC 77% 5
Slide 6: Yearly Revenue Mix
Yearly Revenue Mix Non-PC Non-PC 31% 25% 2023 Revenue 2024 Revenue NT$946.7B NT$910.3B PC Units: 33.7M PC Units: 32.3M NB PC NB PC 69% 75% 6
Slide 7: 4Q24 Income Statement
4Q24 Income Statement NT$ Million 4Q 2024 3Q 2024 QoQ 4Q 2023 YoY Net Sales 229,155 100.0% 244,317 100.0% -6% 241,671 100.0% -5% Gross Profit 11,552 5.0% 12,239 5.0% -6% 11,223 4.6% 3% Operating Exp 8,286 3.6% 7,562 3.1% 10% 7,838 3.2% 6% Operating Profit 3,266 1.4% 4,677 1.9% -30% 3,385 1.4% -4% No
Slide 8: 2024 Income Statement
2024 Income Statement NT$ Million 2024 2023 YoY Net Sales 910,253 100.0% 946,715 100.0% -4% Gross Profit 45,371 5.0% 42,397 4.5% 7% Operating Exp 30,529 3.4% 30,349 3.2% 1% Operating Profit 14,842 1.6% 12,048 1.3% 23% Non-Operating Items 506 0.1% -158 0.0% -420% Pre-Tax Income 15,348 1.7% 11,890 1.3
Slide 9: Non-Operating Breakdown
Non-Operating Breakdown NT$ Million 4Q24 3Q24 4Q23 2024 2023 Interest Income (Exp), net -41 -54 -154 -13 -345 Investment Gain (Loss), net 43 -164 -157 -211 -268 FX Gain (Loss) , net -63 238 -407 295 165 Others 63 164 116 435 290 Non-Operating Gain (Loss) 2 184 -602 506 -158 Note: All figures in mill
Slide 10: 4Q24 Balance Sheet
4Q24 Balance Sheet NT$ Million 4Q 2024 3Q 2024 4Q 2023 Cash and Cash Equivalents 78,948 17% 60,079 13% 72,479 17% Account Receivable 200,801 43% 212,587 48% 193,715 44% Inventories 84,832 18% 91,193 20% 95,103 22% Current Assets 379,522 82% 373,696 84% 368,924 84% Total Assets 463,542 100% 446,893 1
Slide 11: Yearly Financial Highlights
Yearly Financial Highlights Revenue (NT$M) Gross Profit (NT$M) 45,371 1,073,246 946,715 910,253 42,397 YoY+7% 40,364 YoY-4% 2022 2023 2024 GM% 3.8% 4.5% 5.0% 2022 2023 2024 Operating Profit (NT$M) Net Profit (NT$M) 14,842 10,042 12,048 7,288 7,668 9,219 YoY+23% YoY+31% 2022 2023 2024 2022 2023 2024
Slide 12: Yearly Financial Highlights
Yearly Financial Highlights Current Ratio (%) Liability Ratio (%) 134% 72% 133% 70% 129% 66% 2022 2023 2024 2022 2023 2024 Cash Conversion Cycle (Days) Book Value per Share (NT$) 54 32.3 26.4 27.1 51 50 2022 2023 2024 2022 2023 2024 12
Slide 13: 2024 Earning Distribution
~/ COMPAL 2024 Earning Distribution
Slide 14: 2024 Cash Dividends
2024 Cash Dividends • 2024 earning distribution has been approved by Compal BOD meeting on Feb 27, 2025. • 2024 cash dividends will be NT$1.4 per share, representing 61% payout ratio. NT$ 2018 2019 2020 2021 2022 2023 2024 from Retain Earnings 1.0 1.0 1.2 1.6 1.0 1.0 1.4 from Capital Surplus 0.2 0.2
Slide 15: Business Update
~/ COMPAL Business Update
Slide 16: Recent Corporate Events in Focus
Recent Corporate Events in Focus 2024 Oct- Participating in the OCP 2024 Nov - Participating in SC24 to Partnering with multiple chipset vendors Summit, unveiling multiple innovative showcase industry-leading server and partners to launch AI server, HPC server solutions technologies and cutting-edge
Slide 17: Tremendous ESG Achievement in 2024
Tremendous ESG Achievement in 2024 E Joined RE100 in 2024, targeting Officially verified by the Science Participate in the IDA project and 100% renewable energy by 2050. Based Targets initiative (SBTi), collaborating with the supply chain, Achieved 49.1% of the goal in committing to achieving net- w
Slide 18: ESG Initiatives and Recognitions
ESG Initiatives and Recognitions SUSTAINABILITY INITIATIVES ONE+N Net Zero Program CDP Management grade Joined RE100 Member Achieving reduction of 12,879 tCO2e. for Climate Change and June 2024 Target:10,000 tCO2e. Water Security (B) Implementation period until March 31, 2025 The Sustainability Year
Slide 19: Business Outlook
~/ COMPAL Business Outlook
Slide 20: Q&A
Q&A
Slide 21: Thank you
21 交流及討論 Thank you FROM VISION TO REALITY Innovation Empowered http://www.compal.com Investor@compal.com