Slide 1: Operating Result Report for Q1 of 2024
Operating Result Report for Q1 of 2024 May 8, 2024 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 1
Slide 2: Content
Content 1. Market Information 2. Operating Overview for Q1 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: 2024 End Products Shipment Estimates
2024 End Products Shipment Estimates According to estimates from the International Institute of Obstetrics and of ITRI: In the server series, the growth rate of AI servers in 2024 is 33%, reaching 1.6 million units; the growth rate of servers is 6.6%, reaching 13.2 million units. In the automobi
Slide 6: Global Automobile and Electric Vehicle Shipments
Global Automobile and Electric Vehicle Shipments According to statistics from the research organization Global Data, global sales of electric vehicles (including pure electric, hybrid, new energy and other models) will reach approximately 17.96 million units in 2023, with an annual growth rate of 60
Slide 7: PCB Trend Outlook
PCB Trend Outlook From the cloud to the terminal, AI applications will continue to expand and drive demand for high-end PCB products. The technical application requirements are multi-layer boards above 18L and high-end HDI technology. Driven by policies, the penetration rate of electric vehicles
Slide 8: Operating Overview for Q1 of 2024
Operating Overview for Q1 of 2024 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 8
Slide 9: Annual Financial Information
Annual Financial Information （NTD Thousands) （% of Revenue) （NTD) （NTD Thousands) ESP 4.00 3.61 3.50 3.00 2.58 2.50 1… 2.00 1.70 1.50 1.00 0.63 0.50 0.00 2019 2020 2021 2022 2023 Note: The net profit after tax in 2020 was 679 million, of which the Company's business profit was 253 million (EPS $0.96
Slide 10: 2024Q1 Sales Analysis - Product
2024Q1 Sales Analysis - Product Network & Consumer Q1 Server 2% 5% Q4 Network & Consumer Storage PC & Server 2% 4% Device Peripherals Storage PC & Display 8% 3% Device Peripherals Panel Display 2% 8% 12% Panel 13% Automotive Automotive 70% 71% Automotive Display Panel Storage Device Network & Server
Slide 11: 2024Q1 Sales Analysis - Technology
2024Q1 Sales Analysis - Technology Q1 HDI Q4 28% HDI Multilayer 26% 72% Multilayer 74% Revenue by Technology 5,000 SALES(TWD M) 4,000 3,000 2,000 1,000 - 1Q212Q213Q214Q211Q222Q223Q224Q221Q232Q233Q234Q231Q24 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-Q1 Q1-Q1 Y-o-Y 1Q24 4Q23 1Q23 (TWD 100M) Change% Change% 2024 2023 Change% Sales Revenue 41.71 41.66 0.1 % 36.85 13.2 % 41.71 36.85 13.2 % Gross Profit % 22.7 % 28.7 % (6.0)% 19.8 % 2.8 % 22.7 % 19.8 % 2.8 % ppts Operating expenses 5.53 6.36 (13.
Slide 13: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 1Q24 4Q23 1Q23 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 41.72 17.1% 33.75 15.0% 30.85 14.9% Accounts receivable 45.43 18.6% 44.49 19.8% 39.98 19.3% Inventories 24.05 9.9% 22.60 10.1% 24.10 11.6% Property, plant and equip
Slide 14: Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (TWD 100M) 1Q24 4Q23 1Q23 Cash at beginning of period 33.75 32.04 16.78 Cash Flow from Operating 4.64 12.65 7.15 Capital Expenditure (15.10) (12.53) (5.95) Cash Dividends Paid 0.00 0.00 0.00 Cash Flow from Financing 15.31 (1.01) 13.36 Investment & Other 2.63 0.1
Slide 15: 2024Q1 Summary
2024Q1 Summary Judging from the proportion of products, there is not much change. Automotive panels account for 70%, display panels account for 12%, and storage devices account for 8%. Network communications and server products accounted for 5%, and the amount increased by 15%, mainly due to the i
Slide 16: Outlook for Dynamic
Outlook for Dynamic 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 16
Slide 17: Future Outlook
Future Outlook The current order receiving situation in the second quarter is good, HDI is fully loaded, and the utilization rate of multi-layer boards has reached 90~95%, but the actual revenue still depends on the status of customers' pull. It is expected that HDI production capacity will be fur
Slide 18: Dynamic Actions in ESG
Dynamic Actions in ESG 2022 © Dynamic Holding Co., Ltd. All Rights Reserved. 18
Slide 19: Huangshi Plant's Solar Power Generation Progress
Huangshi Plant’s Solar Power Generation Progress Dormitory and corridor roofs Roof of biological pool Because we have completed solar power generation installations on the roof of the biological pool and open space this year, we can generate about 6,000 kilowatt hours of electricity per day on avera
Slide 20: Q&A
Q&A