Slide 1: Operating Results Report for Q1 of 2022
Operating Results Report for Q1 of 2022 May 17, 2022 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 1
Slide 2: Content
Content 1. Market Information 2. Operating Overview for Q1 of 2022 3. Outlook for Dynamic 4. Dynamic Actions in ESG 2022 © Dynamic Electronics 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 Electronics Co., Ltd. All Rights Reserved. 4
Slide 5: Global light vehicle sales
Global light vehicle sales LMC Automotive Mar. 2022 Global light vehicle sales in 2021 was around 81 million. Affected by the global supply chain, the global light vehicle sales in 2022 declined from 84 million units/year in January to 75 million units/year in March. The average sales in 2022 Q1
Slide 6: Sales and Inventory Status in the U.S.
Sales and Inventory Status in the U.S. U.S. inventories continue being tight, and transaction prices are still high. 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 6
Slide 7: Electric vehicle sales and growth forecast
Electric vehicle sales and growth forecast In 2021, the total global sales of electric vehicles (BEV and PHEV) was about 6.5 million units, accounting for 8% of total vehicle sales, and it is expected to reach 9 million units in 2022, an increase of 38%. The chart below shows 70% growth in Janua
Slide 8: International Copper Price Trend
International Copper Price Trend LME Copper Price (USD/ton) 10237 12000 10,1849,599 10182 9005 9336 9,4349352 9353 9777 9756 9549 9775 9940 10000 7971 8460 6497 6712 6703 7063 7756 8000 6049 5686 5178 5048 5234 5723 6354 6000 4000 2000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Ap
Slide 9: Operating Overview for Q1 of 2022
Operating Overview for Q1 of 2022 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 9
Slide 10: 2022Q1 Sales Analysis - Product
2022Q1 Sales Analysis - Product Network & Consumer Q1 Server 3% 4% PC & Network & Server Consumer 3% PC & Q4 Storage Peripherals 4% Storage Peripherals Device 5% Device 4% 10% 11% Automotive Display 56% Display Automotive 56% Panel Panel 22% 22% Automotive Display Panel Storage Device Network & Serv
Slide 11: Consolidated Income Statement
Consolidated Income Statement Y-o-Y Accounts Q-o-Q Y-o-Y Q1-Q1 Q1-Q1 1Q22 4Q21 1Q21 Change (TWD 100M) Change% Change% 2022 2021 % Sales Revenue 40.92 41.58 (1.6)% 35.62 14.9 % 40.92 35.62 14.9 % Gross Profit % 12.6 % 12.5 % 0.1 % 8.6 % 4.1 % 12.6 % 8.6 % 4.1 % ppts Operating expenses 2.74 3.09 (11.4
Slide 12: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 1Q22 4Q21 1Q21 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 27.99 14.3% 27.30 15.5% 18.19 12.4% Accounts receivable 46.66 23.8% 46.25 26.2% 39.33 26.8% Inventories 27.84 14.2% 29.53 16.7% 20.33 13.9% Property, plant and equi
Slide 13: Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (TWD 100M) 1Q22 4Q21 1Q21 Cash at beginning of period 27.30 18.34 9.99 Cash Flow from Operating 2.24 (2.43) 2.48 Capital Expenditure (8.52) (7.16) (3.76) Cash Dividends Paid 0.00 0.00 0.00 Cash Flow from Financing 17.43 18.09 7.46 Investment & Other 0.04 0.02 0.
Slide 14: 2022Q1 Summary
2022Q1 Summary Compared with 2021Q4, most of the product applications remain unchanged, and the demand for automotive boards is still strong. The ratio of electric vehicles to total revenue continued to increase, reaching 18% in Q1 (15% in Q4). In terms of technology, HDI remains at 21%, and w
Slide 15: Dynamic's PCB Growth Trend of Automotive and Electric Vehicle
Dynamic’s PCB Growth Trend of Automotive and Electric Vehicle Unit：NTD 100million 52% 47% 42% 38% 35% 25% 16% 10% 157 131 137 126 104 107 117 116 21 11 10 18 30 41 50 58 60 82 2014 2015 2016 2017 2018 2019 2020 2021 PCB總營收 汽車板營收 新能源車營收 汽車板營收占比 Dynamic's global automotive PCB sales ranking in 2021 ha
Slide 16: Outlook for Dynamic
Outlook for Dynamic 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 16
Slide 17: 2022 Outlook
2022 Outlook The revenue target for 2022 is low double digit growth. Our revenue and profit in 2022 keep an increase compared to 2021, and the growth momentum mainly come from the addition of capacity of Huangshi Smart Factory II and the continuous growth of electric vehicle revenue Planning of
Slide 18: Dynamic Actions in ESG
Dynamic Actions in ESG 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 18
Slide 19: Ranked the top 5% for six consecutive years
Ranked the top 5% for six consecutive years Securities and Futures Institute announced on Apr. 28: 2021 (the 8th) "Corporate Governance Review" Dynamic ranked the top 5% for six consecutive times (Among 46 listed companies) 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 19
Slide 20: Honorable Awards of Huangshi Plant
Honorable Awards of Huangshi Plant Huangshi Plant was awarded "Water-saving Enterprise" and "Advanced Company of Safe Production" in January and April this year respectively 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 20
Slide 21: Greenhouse Gas Inventory and Verification
Greenhouse Gas Inventory and Verification On May 6, the board of directors passed the scheduled timeline of the Group's greenhouse gas inventory and verification, and achieved the target before the timeline required by the FSC. According to the "Roadmap for the Sustainable Development of Listed OTC
Slide 22: Thank You!
Thank You! 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved.