Oe Solutions Co., Ltd. · KRX:138080
Oe Solutions — Q1 2024 Earnings Presentation
26 slides from Oe Solutions's earnings presentation, May 2024
Slide 1: IR Presentation 2024 Q1
IR Presentation 2024 Q1 May 2024 OE Solutions IR © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 2: Disclaimer
Disclaimer This material has been prepared by OE Solutions, Co., Ltd for the purpose of providing information to investors and is prohibited from taking, copying or redistributing to others. Please note that the access or receipt of this material will be regarded as consent for compliance with these
Slide 3: Table of Contents
Table of Contents 1. Company overview 2. 2024 Q1 Result Review 3. Global Network Market 4. OE Solutions Vision & Strategy 5. Appendix © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 4: Company overview
Company overview © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 5: About OE Solutions
About OE Solutions Overview Name OE Solutions, Co., Ltd Date of Established Aug.7, 2003 Number of Employees 334 (Korea: 316 / USA: 15 / Japan: 3) Date of Listing Feb.27, 2014(KOSDAQ code : 138080) Product Optical Transceiver & Laser Chip Homepage www.oesolutions.com Locations Head Quarter : Gwangju,
Slide 6: OE Solutions – Global Supplier of Transceivers
OE Solutions – Global Supplier of Transceivers Leading Supplier of High-Reliability Optical Components for Challenging Deployment Environments In-house In-house Global Delivery Design Manufacturing Leading supplier of optical components and Transceiver since 2003 Founded by a team of Bell Labs a
Slide 7: Vertical Integration
Vertical Integration Manufacturing Process Manufacturing Technology Chip DML, EML, PIC (up to 50Gbps) Epitaxy / Fabrication / Wafer Characterization TO/ XMD Die Bonding, Wire Bonding, Seam Sealing, Assembly (Cooled/ Uncooled) Burn-in, DC/AC Test OSA Package Laser welding, Epoxy bonding, DC/AC Test (
Slide 8: 2024 Q1 Result review
2024 Q1 Result review © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 9: 2024 Q1 Results
2024 Q1 Results 2024 Q1 Revenue 8.1B KRW, Operating income -7.1B KRW(-87.6%), Net income -5.9B KRW(-72.8%) Revenue Operating income Net income 100,000 5,000 20,000 80,000 0 2021 2022 2023 2024 1Q 10,000 -5,000 60,000 0 -10,000 2021 2022 2023 2024 1Q -15,000 -10,000 40,000 -20,000 -20,000 20,000 -25,
Slide 10: Quarterly Revenue trends
Quarterly Revenue trends Anticipating a performance turnaround due to increased sales of High bit-rate products in 2H 2024 700 (Unit: 100 million KRW) 606 600 560 502 500 434 400 493 334 288 485 294 301 300 411 244 247 69 232 362 230 222 224 199 194 209 200 186 189 197 187 189 162 184 191 200 173 16
Slide 11: Sales details
Sales details Etc. (Unit: 100 million KRW) FTTH/MSO 8.3% 4.2% 2023 4Q 2024 1Q QoQ (%) Telecom Network /Datacom 10.8% • Wireless 73.7 62.0 -15.9% Network • Telecom/Datacom 9.2 8.7 -5.4% Wireless • FTTH/MSO 3.4 3.4 - 76.7% • etc. 6.5 6.7 3.1% Region • Korean 61.2 43.0 -29.7% Overseas 46.8 % • Overseas
Slide 12: Global Network Market
Global Network Market © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 13: Global Network Market
Golbal Network Market Transceiver Market Forecast LiDAR Market Forecast 2023: 11.3B$ ▶ 2029: 26.1B$ / CAGR 15% ↑ 2023: 2.5B$ ▶ 2027: 6.3B$ / CAGR 22% ↑ CAGR: 15% 2023~2029 Source : Lightcounting 2024 Source : Yole Intelligence 2022 © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprie
Slide 14: OE Solutions Vision & Strategy
OE Solutions Vision & Strategy © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 15: Vision & Strategy
Vision & Strategy Connecting the world with customers through innovative Vision solutions using OptoElectronic(OE) technology Strategy Laser Chip → Transceiver Vertical integration Laser Chip Transceiver 10G / 25G / 50G / 100G will start using in-house laser chip Global 5G Wireless Transceiver A
Slide 16: OE Solutions Transceiver
OE Solutions Transceiver Market and Applications which OE Solutions Transceiver serves Data Center 5G/6G Wireless Transport Fixed Broadband Network Migration & Enhancements © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary 31 May 2024 16
Slide 17: OE Solutions Product line-up
OE Solutions Product line-up Strong in Wireless(5G, 6G) market, recently expanding the serving markets to Telecom and Data Center applications © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary 31 May 2024 17
Slide 18: OE Solutions Laser Chip
OE Solutions Laser Chip 광통신 LD & OSA AI/DC High Speed Laser 차세대 AI/DC HP Laser HP Laser for LiDAR Applications Applications Applications Applications 5/6G Wireless Intra DC (200G~800G) Co-Packaged Optics(CPO) ADAS 10G/25G/50G FTTx DC Interconnection (400G~800G) Near-Packaged Optics(NPO
Slide 19: Core Components and Process
Core Components and Process Laser Chip Process Epi Fab Bar-Chip Test Laser Chip Multi-layer growth Chip layout and micro-pattern shaping Bar cleaving Facet coating Epitaxy InP substrat Chip singulation Multie quantum-well Laser Chip Product Laser Chip TO Assembly OSA Package Butterfly Package © OE S
Slide 20: OE Solutions Laser Chip Position
OE Solutions Laser Chip Position Broad product portfolio Lumentum Coherent Broadcom Mitsubishi Hisilicon Sumitomo Niche Mass production Source production photonics Yuanjie AR Almae AOI optics Macom Optowell Limited product portfolio © OE Solutions Co., Ltd. All rights reserved. Confidential & Propri
Slide 21: Appendix
Appendix - Product Application - Customers - Financials statement © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 22: Products Application
Products Application The use of Transceiver in the Network Transceiver required for network connections Transceiver’s Access Network Role 25G/ 10G/ 6G/ 2.5G Optical cable Metro / Long Haul* Network *WAN(wide area network) more than 40km network Optic signal Wireless 10G/ 2.5G/ 1.25G Datacenter 400G/
Slide 23: Supplier to The World's Leading Network Equipment Manufacturers
Supplier to The World’s Leading Network Equipment Manufacturers © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary 31 May 2024 23
Slide 24: Consolidated financial statements
Consolidated financial statements Statement of financial position Income statement (Unit : million KRW) (Unit : million KRW) 2021 2022 2023 2024 1Q 2021 2022 2023 2024 1Q Current assets 106,938 99,267 74,833 71,323 Revenue 98,681 76,954 46,003 8,098 Non-current assets 94,901 88,652 77,136 74,665 Cos
Slide 25: Thank you.
Thank you. © OE Solutions Co., Ltd. All rights reserved. Confidential & Proprietary
Slide 26: Contact Us
Contact Us OE Solutions OE Solutions Korea Headquarters Seoul (Anyang) Office 53, Cheomdanyeonsin-ro 30beon-gil, Unit B-#1619, Geumgang Penterium IT Tower, 282, Hagui-ro, Buk-Gu, Gwangju, 61080, Korea Dongan-gu, Anyang-si, Gyeonggi-do, 14056, Korea Tel: +82 (62) 960-5252 Tel: +82 (31) 450-2800 Fax: