Mitac Holdings Corp. · TWSE:3706
Mitac — Q3 2024 Earnings Presentation
15 slides from Mitac's earnings presentation, Nov 28, 2024
Slide 1: MiTAC Holdings Corporation Online Investor Conference
MITAC HOLDINGS CORPORATION Online Investor Conference Nov. 28, 2024
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation may contain forward-looking statements. These forward-looking statements reflect the current expectations, assumptions, estimates and projections regarding the anticipated developments and other factors based upon the information now available to us. These forwar
Slide 3: Agenda
Agenda • Company Update Billy Ho, President and Spokesperson • Financials Doris Huang, VP of Finance and Deputy Spokesperson • Cloud Computing and AI Business Rick Hwang, President of MCT • Automotive Electronic and Edge AI Business Steve Chang, President of MDT • Q&A MIC: MiTAC International Corp.
Slide 4: Basic Information
Basic Information Manufacturing Facilities History Hsinchu Science Park, Taiwan Established in 2013 Shunde , Guangdong China (MIC was founded in 1982) Kunshan, Jiangsu, China Newark, CA ,U.S.A. Scale Hanoi, Vietnam (Q4, 2025) Employees: 6,700 + Noida, India (Joint Venture) RD & Engineering : 2,000 +
Slide 5: 2024 Q1-Q3 Business Unit Revenue Mix
2024 Q1-Q3 Business Unit Revenue Mix (Consolidate) BU Amount % MIC MDT 4.6% MCT 31,301 82.6% 12.8% MCT MDT 4,852 12.8% 82.6% MIC 1,759 4.6% 合計 37,911 100% Unit: NT$ Million MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. MIC: MiTAC International Corp. 5
Slide 6: Brief Income Statement
Brief Income Statement Unit: NT$ Million Item 2023 1H 2023 2H 2024 1H 2024 Q3 Operating Revenues 17,905 17,631 22,762 15,150 Gross Profit 2,092 2,398 3,004 1,866 Gross Profit % 12% 14% 13% 13% Operation Expense 2,075 2,347 2,509 1,303 Operation Expense % 12% 13% 11% 9% Operation Income (Loss) 17 51
Slide 7: Brief Balance Sheet
Brief Balance Sheet Unit: NT$ Million Item 2023.06.30 2023.12.31 2024.06.30 2024.09.30 Cash and Cash Equivalents 8,904 8,321 8,825 8,638 Current Assets 26,107 31,539 32,814 38,413 Long-term Investments 43,325 47,580 46,083 44,326 Property, Plant and Equipment 7,453 7,209 7,060 7,060 Total Assets 79,
Slide 8: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$ Million GP% % 29% -2% -28% 14% 13% 13% 12% 22,762 3,004 17,905 17,631 2,398 15,150 2,092 1,866 2023 1H 2023 2H 2024 1H 2024 Q3 2023 1H 2023 2H 2024 1H 2024 Q3 Net Income EPS NT$ Million NT$ 1,807 1.49 923 1,150 865 0.95 0.72 0
Slide 9: Capital Structure and Liquidity Analysis
Capital Structure and Liquidity Analysis 172% 174% 171% 163% Current Ratio 122% 124% 118% Quick Ratio 108% Debt to Equity 44% 44% 46% 55% 31% 31% 32% 35% Debt Ratio 20231H 20232H 20241H 2024 Q3 9
Slide 10: Operating Performance Analysis
Operating Performance Analysis Receivables Turnover(Days) Inventory Turnover (Days) 108 110 63 84 80 45 48 50 2023 1H 2023 2H 2024 1H 2024 Q3 2023 1H 2023 2H 2024 1H 2024 Q3 Payable Turnover (Days) Cash Turnover (Days) 100 71 74 69 72 81 63 58 2023 1H 2023 2H 2024 1H 2024 Q3 2023 1H 2023 2H 2024 1H
Slide 11: Cloud Computing and AI Business
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Slide 12: MiTAC Computing Unveils New AI/HPC-Optimized Servers
MiTAC Computing Unveils New Al/HPC-Optimized Servers with MiTAC C ti ne . mime S 7 347 fo oii “ Advanced CPU and GPU Integration at S$C24. 4d-@ 2 - My ? The MiTAC G4527G6 NVIDIA MGX™ Server at #SC24! SN : “ DLA mic S Experience cutting-edge performance with this 4U dual-socket GPU _.more A. mc S Anv
Slide 13: Automotive Electronic and Edge AI Business
Automotive Electronic and Edge AI Business AIaaS Smart Mobility AI as a Service Smart AIoT • Outdoor Luminaires • Dashcam Recorder Connectivity Modules • Motobike Smart Camera • Industrial Tablet • Outdoor • Industrial Handy Terminal • Embedded System • Edge AI System • Panel PC • Smart Self-Service
Slide 14: MiTAC Holdings Corp.
MiTAC @ MITAC HOLDINGS CORP.
Slide 15: MiTAC IR Website and Contact
MiTAC IR Website: https://www.mitac.com/en-global/investors_overview/index Quarterly Financial Statements: https://www.mitac.com/en-global/quarterly_statement/index/ IR Contact: Ms. Maggie Hsu Email : stock@mic.com.tw / Maggie.hsu@mic.com.tw Phone : +886-3-3289000 ext. 7685 Website: www.mitac.com Co