Asolid Technology Co Ltd · TPEX:6485
Asolid Technology — Investor Conference 2022
16 slides from Asolid Technology's conference presentation, Nov 9, 2022
Slide 1: Investor Conference
RRB OA RDA ee ASolid Technology Co.,Ltd. SS ee Investor Conference Kevin Liu 2022/11/09 \N . ‘ va “i, ©ASolid Technology Co., Ltd. All rights reserved Confidential & Proprietary document. Ver. 01.
Slide 2: Forward-looking statements disclaimer
¡ This document and relevant information may contain certain forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to market risks, supply chain risks, market demand, product competition, other risks and etc. Actual results may differ materially
Slide 3: About ASolid, 2022Q3 Report, 2023 Outlook
¡ About ASolid ¡ 2022Q3 Report ¡ 2023- Outlook 3
Slide 4: About ASolid company facts
Founded: March 2008 Listed OTC:Nov 17,2015 Chairman:Kevin Liu President:Kevin Liu Headquarter: Hsinchu, Taiwan Capital: NT$442M 80% Market Cap: NT$3B Product: Controllers SD 2.0/ UHS-I engineers USB 2.0/ 3.2 eMMC 5.1 SATA III PCIe Headcount: 303 (275 in Taiwan / 28 in SZ)
Slide 5: Covers four NAND Flash controller categories
ASolid is one of the few that covers four NAND Flash controller categories. SD UFD SSD eMMC 5
Slide 6: ASolid Market Position
ASolid Market Position ASolid SD Controllers ASolid USB3.2 Controllers Worldwide Market Share Worldwide Market Share ASolid SSD Controllers § ASolid eMMC Controllers Design-in more than of MP Stably with STB & Companies TOP 10 Branded SSD companies © ASolid Technology Co., Ltd. All rights reserved C
Slide 7: ASolid Supports All NAND Flash
ASolid Supports All NAND Flash faicron i G SAMSUNG SK bynix SOLILIGM Western Digital. 37
Slide 8: Balance sheet as of 2022/09/30
2022/09/30 (NTD in thousands) Amount % Cash and Cash Equivalents 1,455,219 58 Account Receivable 219,357 9 Inventory 463,987 19 Other Assets 348,674 14 Total Assets 2,487,237 100 Total Liabilities 581,772 23 Capital 441,520 18 Capital Surplus 678,810 27 Retained Earnings 784,774 32 Shareholders' Equ
Slide 9: Q3/2022 income statement
Q3/2022 Q1-Q3/2022 (NTD in thousands) Amount ％ Amount ％ Net Sales Revenue 443,224 100 1,490,281 100 Gross Profit 247,950 56 903,048 61 Operating Expenses (149,324) (34) (465,190) (31) Operating Income 98,626 22 437,858 30 Non-operating Revenue And Expenses 6,832 2 16,800 1 Profit Before Income Tax 1
Slide 10: Revenue & EPS
1ue & EPS Mmue @ CFO 2,400 18.00 Mam Revenue (Million) | —®-EPS 2,100 1,935 15.00 c 1,800 ° F 12.00 S 1,500 ir 1,375 Ke < 1,200 9.00 <r 5 900 TL 6.00 636 600 381 3.00 300 261 ® e Ll 0 0.00 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 202203 10 © ASolid Technology Co., Ltd. A
Slide 11: Gross Profit, Net Income and Operating Margin
mmx Gross Profit (Milliion NTS) mmm Net Income (After Tax) (Milliion NTS) —®=Operation Margin 1,400 51% 65% 61% 1178 1,200 com | 56 50 1,000 46% v1 ~ 45% 800 36% 742% 32% - 35% a 28% es) rae 2) 534 > a0 \ / 15% 200 VY 7 10: 0 (10) 5% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2 2018 2019 2020 2021
Slide 12: 2008-2022 Head Count
2008-2022 Head Count eee s 12 © ASolid Technology Co., Ltd. All rights reserved Confidential & Proprietary document. Ver. 01.00
Slide 13: 2022 demand growth expectations
¡ Expections for 2022 demand growth have moderated since 2Q22, primarily attributable to end demand weakness in consumer markets ¡ Remaining confident about the secure demand for our solutions and the atractiveness of our market opportunities 13
Slide 14: Ability to weather potential downturn; growth drivers 2023 onward
Improved product portfolio Ability to Weather any Potential Downturn Better Than in the Past New TAM expansion into Better customer eMMC+SSD mix • Key growth drivers for 2023 onward • Strong growth potential due to a relatively small global market share 2023 2024 14
Slide 15: Questions?
Qu _ ati _ juestions?
Slide 16: Contact details
TEL: +886-3-573-6032 WEBSITE: www.asolid-tek.com 16