Aspeed Technology, Inc. · TPEX:5274
Aspeed Technology — Investor Presentation (November 2023)
35 slides from Aspeed Technology's investor presentation, November 2023
Slide 1: ASPEED Technology Company Profile
ASPEED Technology Company Profile Q4, 2023 © ASPEED Technology. Proprietary and Confidential
Slide 2: Safer Harbor Notice
Safer Harbor Notice ● ASPEED’s statements of its current expectations are forward- looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements. Except as required by law, we undertake no obligation
Slide 3: About ASPEED
About ASPEED • Founded in 2004 • Fabless-lite IC design company • Number of employees: 125 (as of Nov. 2023) • Locations: - Headquarters: Hsinchu City, Taiwan - US office: San Jose, CA • Product lineup: - Cloud & Enterprise (BMC/BIC/PFR) - Smart AV (Cupola360 & AVoIP SoC) © ASPEED Technology. Propri
Slide 4: Vision & Value
Vision & Value Vision Leading SoC system solution provider Mission Philosophy Enable people to Innovation enjoy technology without at its finest Boundaries © ASPEED Technology. Proprietary and Confidential
Slide 5: Corporate Management Team
Corporate Management Team Chairman & President Chris Lin VP of Sales COO VP of R&D US Country Head Luke Chen CJ Hsieh Hungju Huang Dwarka Partani © ASPEED Technology. Proprietary and Confidential
Slide 6: Milestones
Milestones ASPEED founded • ISO 9001:2000 certified • Listed on the Taiwan OTC • Joined Open Compute Project (OPC) stock market • Introduced new product line: • Introduced 2nd gen BMC SoC AST2100/2050/1100 • Listed on Taipei Exchange Cupola360 Spherical Image Processor • Introduced 3rd gen BMC • Int
Slide 7: Awards & Recognition
Awards & Recognition 2014 - 2023 2020 2021 2022 2023 Forbes Asia’s Best Lenovo Technology Chairman & President COO Mr. CJ Hsieh Chairman & President Under A Billion Innovation Award Mr. Chris Lin received received SEMI Industry Mr. Chris Lin received for 10 consecutive years Outstanding ICT Elite Co
Slide 8: World's No.1 Remarkable Highlights
Remarkable Highlights 2022 Market Cap BMC SoC 10Y CAGR (NTD) (2013-2022) Market Share 63.7 27.4% World’s Billion No.1 © ASPEED Technology. Proprietary and Confidential
Slide 9: Corporate Resilience
Corporate Resilience Achieved record revenue and “Forbes Asia’s Best Under A Billion” profit since founding for 10 consecutive years for 18 consecutive years Forbes Asia © ASPEED Technology. Proprietary and Confidential
Slide 10: Product & Technology
Product & Technology © ASPEED Technology. Proprietary and Confidential
Slide 11: Product Portfolio
Product Portfolio Cloud & Enterprise Smart AV Cloud & • BMC • Smart Cupola360 AV • • Enterprise PFR BIC • AVoIP • I/O Expander © ASPEED Technology. Proprietary and Confidential
Slide 12: Cloud & Enterprise Solutions
Cloud & Enterprise Solutions BIC Bridge IC BMC Baseboard Mgt. Controller PFR I/O Platform Firmware Expander Resilience SoC © ASPEED Technology. Proprietary and Confidential
Slide 13: Cloud & Enterprise Roadmap
Cloud & Enterprise Roadmap 32 bits ARM dual core 64 bits ARM quad core PCIe 1X VGA + BMC + KVM VGA + BMC + KVM VGA + BMC + KVM AST2500 AST AST2600 AST AST2700 DDR5 DDR4 eSPI, DDR4, secure boot AST USB3, UFS, PCIe gen 4 2500 19x19 mm 2600 21x21 mm 2700 21x21 mm PCIe 1X Dual host SKU 2D VGA only 2 x V
Slide 14: Baseboard Management Controller (BMC)
Baseboard Management Controller (BMC) • Specialized processor includes 2D graphics and logic control features • Used for remote monitoring and management Data Center of host systems with BMC • Located on the motherboard of computers, servers, networks, and storage devices Internet • Can be accessed
Slide 15: Bridge IC (BIC)
Bridge IC (BIC) • Improve operational efficiency by acting as a • Compact processor equipped with integrated localized BMC agent memory and storage • Features built-in logic control and supports multiple • In tandem with BMC within OCP framework, connections to the host system and BMC, enabling enha
Slide 16: Platform Firmware Resilience (PFR) SoC
Platform Firmware Resilience (PFR) SoC ASPEED utilizes the PFR SoC to ensure firmware security across the enterprise AST platform, effectively safeguarding the 1060 platform firmware against potential malicious attacks. PFR Guideline • Published by National Institute of Protection Standards and Tech
Slide 17: Cloud & Enterprise Applications
Cloud & Enterprise Applications Network AI Server Switch Computing Edge Server Computing Network Storage © ASPEED Technology. Proprietary and Confidential
Slide 18: Smart AV Solutions
Smart AV Solutions 360°Video Processor SW Kit AVoIP Software © ASPEED Technology. Proprietary and Confidential
Slide 19: Smart AV Solutions
Smart AV Solutions 4K2K@30 AST1220 Image Stitching Processor 4K2K@30 AST AST1520 USB Webcam Matrix AV over IP 1220 AST 500-pin 12x12 mm, TFBGA Solutions 1520 456-pin 19x19 mm, TFBGA ‧ Video Conference 8K2K@30 4K2K@30 AST1230 Image Stitching Processor AST Hybrid Video Conferencing AST1620 1 to 1 AV o
Slide 20: Cupola360 Spherical Image Stitching Solution
Cupola360 Spherical Image Stitching Solution • Designed with proprietary in-camera image stitching technology tailored for 360-degree images • Real-time and optically perfect panoramic views with ultra-high resolution • Cupola360 offers an efficient and optimized 360-degree camera total solution for
Slide 21: Real-time Immersive Experience Powered by Cupola360
Real-time Immersive Experience Powered by Cupola360 © ASPEED Technology. Proprietary and Confidential
Slide 22: AV over IP Extension (AVoIP)
AV over IP Extension (AVoIP) ASPEED’s AVoIP SoC employs standard IPs featuring a dual- codec engine and proprietary compression technology, enabling support for long-distance audio/video extension at up to 4K60 visual lossless quality using standard ethernet cables. Application Scenarios • Command c
Slide 23: Financial Highlights
Financial Highlights Q3, 2023 © ASPEED Technology. Proprietary and Confidential
Slide 24: Q3'23 Income Statement
Q3’23 Income Statement Unit : NTD 1,000 Q1’23 Q2’23 Q3’23 Q3’23 Q3’23 NTD % NTD % NTD % over Q2’23 over Q3’22 Operating 669,396 100.00% 680,039 100.00% 796,713 100.00% 17.16% -39.02% Revenue Gross Profit 429,994 64.24% 446,316 65.63% 498,395 62.56% 11.67% -41.08% Operating 220,549 32.95% 231,377 34.
Slide 25: Consolidated Revenue
Consolidated Revenue Unit : NTD 1,000 1,400,000 66.00% 1,200,000 65.00% 1,000,000 800,000 64.00% 600,000 63.00% 400,000 62.00% 200,000 0 61.00% Q3'22 Q2'23 Q3'23 Revenue Gross Margin Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY Revenue 1,306,580 680,039 796,713 17.16% -39.02% Gross Margin 64.74% 65.63% 62.56
Slide 26: Consolidated Operating Income
Consolidated Operating Income Unit : NTD 1,000 700,000 50.00% 600,000 40.00% 500,000 400,000 30.00% 300,000 20.00% 200,000 10.00% 100,000 0 0.00% Q3'22 Q2'23 Q3'23 Operating Income Operating Margin (%) Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY Operating Income 592,568 214,939 263,209 22.46% -55.58% Operat
Slide 27: Consolidated Operating Expenses
Consolidated Operating Expenses Unit : NTD 1,000 300,000 250,000 200,000 170,454 Sales 150,000 155,374 159,511 Admin 100,000 R&D 50,000 56,150 54,089 55,330 26,665 21,914 20,345 0 Q3'22 Q2'23 Q3'23 Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY Operating 253,269 231,377 235,186 1.65% -7.14% Expenses © ASPEED T
Slide 28: Consolidated Net Income
Consolidated Net Income Unit : NTD 1,000 700,000 50.00% 600,000 40.00% 500,000 400,000 30.00% 300,000 20.00% 200,000 10.00% 100,000 0 0.00% Q3'22 Q2'23 Q3'23 Net Income Net Profit Margin (%) Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY Net Income 598,343 240,352 270,455 12.52% -54.80% Net Profit Margin 45.79
Slide 29: Consolidated Tax
Consolidated Tax Unit : NTD 1,000 200,000 25.00% 20.00% 150,000 15.00% 100,000 10.00% 50,000 5.00% 0 0.00% Q3'22 Q2'23 Q3'23 Tax Tax of Net Income Before Tax(%) Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY Tax 147,770 42,961 69,092 60.82% -53.24% Tax of Net Income Before Tax 19.81% 15.16% 20.35% 34.19% 2.74%
Slide 30: Consolidated Earning Per Share
Consolidated Earning Per Share Unit : NTD $18.00 $15.83 $16.00 $14.00 $12.00 $10.00 $8.00 $7.16 $6.37 $6.00 $4.00 $2.00 $0.00 Q3'22 Q2'23 Q3'23 Quarterly Q3’22 Q2’23 Q3’23 QoQ YoY EPS 15.83 6.37 7.16 12.40% -54.77% © ASPEED Technology. Proprietary and Confidential
Slide 31: ESG Highlights
ESG Highlights © ASPEED Technology. Proprietary and Confidential
Slide 32: Sustainability Strategy
Sustainability Strategy Strengthen corporate • Strengthening risk management strategies • Building a complete corporate sustainable governance and resilience governance framework and system Governance • Regularly performing GHG and passing third-party verification Focus on green energy-saving • Powe
Slide 33: ESG Highlights in 2022
ESG Highlights in 2022 • Revenue and profit grew by 43.23% and 60.38% respectively, reaching a record high for 18 consecutive years • Obtained 58 global patents Governance • Customer satisfaction rate reached 94.74% • Officially signed as a TCFD supporter in response to the TCFD initiative • Receive
Slide 34: 2022 Sustainability Report & ESG Summary
2022 Sustainability Report & ESG Summary Sustainability Report ESG Summary 中文 English English © ASPEED Technology. Proprietary and Confidential
Slide 35: © ASPEED Technology. Proprietary and Confidential
© ASPEED Technology. Proprietary and Confidential
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