Chenbro Micom Co., Ltd. · TWSE:8210
Chenbro Micom — Q4 2024 Earnings Presentation
13 slides from Chenbro Micom's earnings presentation, Mar 13, 2025
Slide 1: 2024Q4 Investor Presentation
Chenbro Micom 2024Q4 Investor Presentation Mar. 13, 2025 ir@chenbro.com Confidential 0
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as
Slide 3: 24Q4 Results Highlight
24Q4 Results Highlight Revenue Gross Profit NT$3,865M NT$ 956M QoQ YoY QoQ YoY GM -9.5% -18.3% -22.4% -16.9% 24.7% Operating Profit EPS NT$ 585M NT$3.91 QoQ YoY OPM QoQ YoY -34.6% -26.0% 15.1% -26.8% -15.7% Confidential 2
Slide 4: 2024 Results Highlight
2024 Results Highlight Revenue Gross Profit NT$14,517M NT$3,790M YoY YoY GM + 29.1% + 47.2% 26.1% Operating Profit EPS NT$2,506M NT$ 16.05 YoY OPM YoY +71.4% 17.3% +77.7% Confidential 3
Slide 5: Revenue Breakdown
Revenue Breakdown By Product By Geography Confidential 4
Slide 6: 2024Q4 - Quarterly Income Statement
2024Q4 - Quarterly Income Statement (NT$Mn) 24Q4 24Q3 QoQ 23Q4 YoY Net Revenue 3,865 4,272 (9.5%) 4,729 (18.3%) Gross Profit 956 1,232 (22.4%) 1,150 (16.9%) Operating Profit 585 894 (34.6%) 791 (26.0%) Non-Operating Income(Loss) 45 (15) 400.0% (95) 147.4% Pretax Profit 630 879 (28.3%) 696 (9.5%) Tax
Slide 7: 2024Q4 - Income Statement
2024Q4 - Income Statement (NT$Mn) 2024 2023 YoY Net Revenue 14,517 11,247 29.1% Gross Profit 3,790 2,574 47.2% Operating Profit 2,506 1,462 71.4% Non-Operating Income(Loss) 105 (32) 428.1% Pretax Profit 2,611 1,430 82.6% Tax Expenses 639 323 97.8% Net Profit to Parent 1,934 1,085 78.2% EPS(NT$) 16.0
Slide 8: 2024Q4 - Consolidated Balance Sheet
2024Q4 - Consolidated Balance Sheet (NT$Mn) 2024.12.31 2024.09.30 QoQ 2023.12.31 YoY Total Assets 16,644 15,368 8.3% 13,987 19.0% Cash (Note) 4,541 3,824 18.8% 2,980 52.4% NR & AR 3,670 3,676 (0.2%) 3,611 1.6% Inventories 2,187 1,761 24.2% 1,843 18.7% Fixed Assets 5,406 5,306 1.9% 4,908 10.1% Total
Slide 9: 2024Q4 - Consolidated Cash Flow Statement
2024Q4 - Consolidated Cash Flow Statement (NT$Mn) 2024 2023 YoY Beginning Balance (Note 1) 2,980 1,885 58% Cash inflow generated from operations 2,698 2,524 7% Capital expenditures (789) (215) 267% Proceeds from short-term/long-term debt (828) (682) 21% Proceeds from convertible bonds 1,092 0 100% O
Slide 10: Dividend Distribution
Dividend Distribution 2020 2021 2022 2023 2024 EPS(NT$) 8.16 5.62 8.32 9.03 16.05 Dividend(NT$) 4.00 3.00 4.00 5.00 7.50 Dividend Yield 5.1% 4.6% 2.6% 1.7% 2.6% Payout Ratio 61% 53% 48% 55% 47% 【Notes】 • 2020-2023 yields are based on Chenbro’s closing share price on the day before ex-dividend day. 2
Slide 11: Business Outlook
Business Outlook Driven by the AI demands from customers, we have confidence in revenue growth and the sustainability. In response to diverse demands and changes in geopolitical dynamics, we are continuously localizing our global manufacturing layout. The relocation of the Shulin factory has bee
Slide 12: Q&A
? ? ? Q&A ? Confidential 11
Slide 13: www.chenbro.com
www.chenbro.com Confidential 12