Samsung Electronics Co., Ltd. · KRX:005930
Samsung Electronics — Samsung Elect — Q4 2023 Earnings Presentation
14 slides from Samsung Electronics's earnings presentation, Jan 31, 2024
Slide 1: Samsung Electronics Earnings Presentation: 4Q 2023 Financial Results
SAMSUNG ELECTRONICS Earnings Presentation: 4Q 2023 Financial Results
Slide 2: Disclaimer
DISCLAIMER The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only before the external audit on our 4Q 2023 financial results is completed. The Audit outcomes may cause some parts of this document t
Slide 3: Index
INDEX PRESENTERS 4Q 2023 RESULTS PERFORMANCE & FINANCIAL DATA BY BUSINESS UNIT RESULTS & APPENDICES OUTLOOK
Slide 4: Presenter by Business Unit
Earnings Presentation Presenter by Business Unit Daniel Oh, EVP Jaejune Kim, EVP Tommy Kwon, VP Gibong Jeong, EVP Charles Hur, EVP Daniel Araujo, VP KL Roh, VP Investor Relations Memory System LSI Foundry Samsung Display Corp Mobile eXperience Visual Display Device Solutions Device eXperience
Slide 5: 4Q 2023 Result & Financial Data
4Q 2023 Result & Financial Data Based on the consolidated financial statement in 4Q 2023 Key Profitability (Unit: KRW Trillion) 4Q23 % of sales 3Q23 % of sales 4Q22 FY23 % of sales FY22 % of sales Indicators 4Q23 3Q23 4Q22 FY23 FY22 Sales 67.78 100.0% 67.40 100.0% 70.46 258.94 100.0% 302.23 100.0% R
Slide 6: Performance by Business Unit
Performance by Business Unit Operating Profit Sales 4Q23 3Q23 4Q22 QoQ YoY FY23 FY22 YoY (Unit: KRW trillion) 4Q23 3Q23 4Q22 QoQ YoY FY23 FY22 YoY (Unit: KRW trillion) Total 67.78 67.40 70.46 1%↑ 4%↓ 258.94 302.23 14%↓ Total 2.82 2.43 4.31 0.39 (1.48) 6.57 43.38 (36.81) DX 39.55 44.02 42.71 10%↓ 7%↓
Slide 7: Memory
Memory 4Q23 Results 1Q24 Outlook 2024 Outlook Memory Overall demand appears to have recovered with Memory Amid anticipation that PC/mobile demand will Memory We expect the memory business to continue to the normalization of inventories at customers as continue to recover, there are also signs of a r
Slide 8: S.LSI/Foundry
S.LSI/Foundry 4Q23 Results 1Q24 Outlook 2024 Outlook S.LSI Demand for restocking increased as smartphone S.LSI We expect sales of a new SoC and high-pixel S.LSI We plan to maximize competitiveness of SoC makers completed inventory adjustments; our image sensors to remain strong. However, as the prod
Slide 9: SDC (Samsung Display Corporation)
SDC (Samsung Display Corporation) 4Q23 Results 1Q24 Outlook 2024 Outlook Mobile Market demand for smartphones inched up year- Mobile We expect earnings to decline quarter-on-quarter Mobile Regarding market demand for smartphones, we on-year, aided by a low base. and year-on-year owing to heightened
Slide 10: MX/Network
MX/Network 4Q23 Results 1Q24 Outlook 2024 Outlook MX Despite ongoing inflation and global political MX Although we expect smartphone demand to MX We expect consumer sentiment to stabilize and demand to unrest, the smartphone market experienced decrease due to seasonality, the premium rebound in anti
Slide 11: VD/DA/Harman
VD/DA/Harman 4Q23 Results 1Q24 Outlook 2024 Outlook VD TV market demand increased quarter-on-quarter, VD Although we expect demand to decrease due to VD The trend of decreasing market demand will ease gradually mainly due to year-end seasonality, but decreased seasonality on top of continued decline
Slide 12: Appendix: Financial Position
Appendix 1 Financial Position (Unit : KRW billion) 31.Dec.23 30.Sep.23 31.Dec.22 31.Dec.23 30.Sep.23 31.Dec.22 Assets 455,906.0 454,466.4 448,424.5 Current ratio ※ 257% 280% 279% Cash ※ 92,421.4 93,102.9 115,227.3 Liability/equity 25% 25% 26% A/R 36,648.7 43,406.0 35,721.6 Debt/equity 4% 3% 3% Inven
Slide 13: Appendix: Cash Flow
Appendix 2 Cash Flow (Unit: KRW trillion) 4Q23 FY23 FY22 Current State of Net Cash (Net Cash =Cash※ - Debts) Cash (beginning of period) ※ 93.10 115.23 124.15 (Unit: KRW trillion) 31.Dec.23 30.Sep.23 31.Dec.22 Cash flows from operating activities 19.94 44.13 62.18 Net cash 79.69 83.05 104.89 Net prof
Slide 14: Thank you
Thank you SAMSUNG