Asustek Computer Inc. · TWSE:2357
Asustek Computer — Asustek Computer Inc Regs — Q3 2023 Earnings Presentation
23 slides from Asustek Computer's earnings presentation, Nov 13, 2023
Slide 1: ASUSTEK 3Q 2023 Investor Conference
ASUSTEK 3Q 2023 Investor Conference
Slide 2: Disclaimer
Disclaimer ASUSTeK’s presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. The forward-looking statements in this release reflect the current belief of ASUS as of t
Slide 3: Agenda
Agenda • 3Q 2023 Financial Result • Strategy & Outlook • Q&A
Slide 4: 3Q 2023 Financial Result
3Q 2023 Financial Result
Slide 5: 2023 3Q Brand Income Statement
2023 3Q Brand Income Statement in NT$ Mn 2023 3Q 2023 2Q QoQ 2022 3Q YoY Net Revenue 126,236 107,488 17% 132,935 -5% COGS (104,305) (94,040) 11% (117,526) -11% Gross Profit 21,932 13,448 63% 15,409 42% Operating Expenses (13,490) (12,229) 10% (12,352) 9% Operating Profit 8,442 1,219 592% 3,057 176%
Slide 6: 2023 3Q Non-OP Items
2023 3Q Non-OP Items in NT$ Mn 2023 3Q 2023 2Q QoQ 2022 3Q YoY Interest Income (net) 500 571 -12% (60) 931% Investment Income 446 351 27% 841 -47% Askey (66) (118) 44% 185 -136% Others 512 469 9% 656 -22% Exchange Gain/(Loss) 1,023 (73) 1506% (24) 4377% Dividend Income 2,847 2 114532% 3,083 -8% Othe
Slide 7: 2023 3Q Brand Balance Sheet
2023 3Q Brand Balance Sheet in NT$ Mn Sep 30, 2023 Jun 30, 2023 QoQ Sep 30, 2022 YoY Cash & equivalents 58,407 54,704 7% 35,585 64% Accounts receivable 96,826 91,352 6% 98,972 -2% Inventories 120,296 117,520 2% 174,506 -31% Current Assets 290,896 277,642 5% 324,328 -10% Long-term investments 113,785
Slide 8: Product Mix
Product Mix 3Q 2023 3Q 2022 Component Component 32% 27% PC PC 67% 71% Phone Phone 1% 2% 8
Slide 9: Region Mix
Region Mix 3Q 2023 3Q 2022 Americas Americas Americas Americas EURP EURP 22% EURP 18% 25% EURP 22% 30% 25% 31% 30% ASIA ASIA ASIA ASIA 48% 50% 48% 52% 9
Slide 10: 4Q 2023 Business Outlook
4Q 2023 Business Outlook • PC QoQ -15% • Component QoQ +5% 10
Slide 11: Strategy & Outlook
JUS _INSEARCH OF INCREDIBLE Strategy & Outlook
Slide 12: Substantial Operational Enhancement
Substantial Operational Enhancement 12
Slide 13: Powering the Next Generation of Computing
Powering the Next Generation of Computing AI Server Platform Service On-premise Solutions AI at the Edge AI on the PC HPC Infrastructure AIHPC as a Service Turn-key Solution Enabling Real-time Insights Redefining the PC with AI for Enterprise GAI Technology Capabilities & A True Total Solutions Prov
Slide 14: ASUS as a Total Data Center Solution Provider
ASUS as a Total Data Center Solution Provider Infra Devices & Solutions AIHPC Services 14
Slide 15: Redefining the PC with AI
Redefining the PC with AI Personalized Productivity Instant and Security AI Assistant Leap Forward Responsive and Privacy 15
Slide 16: ASUS Pushes the PC Industry into New Territory
ASUS Pushes the PC Industry into New Territory Pioneering Successful Inhouse R&D Track Record Rapid Technological Advancements in the Era of AI PC 16
Slide 17: Growth Enterprise Transformation
Growth Enterprise Transformation Multiple Drivers Commercial PC AIoT, Server, AI Server, AIHPC Enterprise * 2X * 5X ~ 10% Gaming PC, Graphics Card ROG Ally Gamer ~ 45% Robust Growth AI PC, Motherboard ProArt Creator Consumer ~ 45% Innovation Brand Position of 2022 revenue & Product Leadership
Slide 18: System Business Group
System Business Group 23Q3 Revenue Gaming NB Leadership Solid Gaming PC Revenue Growth - 10~15% YoY 25~30% 2023 Q3 No.1 Performance >20% CAGR Market Share • ASUS One PC Strategy: topnotch PC brand leader in both brand position and market share Business • Worldwide No. 1 gaming market share, achievin
Slide 19: Open Platform Business Group
Open Platform Business Group 23Q3 Revenue Motherboard Revenue Growth Graphics Card Revenue Growth +15~20% YoY +10~15% YoY ~ +20% YoY 2023 Q3 Performance • Best Motherboards, Best Graphics Cards, Best Gaming Monitors, and Best Routers by EHA (European Business Hardware Association) READER AWARDS High
Slide 20: AIoT Business Group
AIoT Business Group 23Q1~Q3 Revenue ASUS Officially Takes Over Intel NUC Product Lines +30% YoY 2023 Q3 Performance • Expanded in ASUS NUC business, focusing on gaming, prosumer, commercial, and industrial markets Business • ASUS handheld ultrasound solution achieved >50% market share in Taiwan High
Slide 21: No.1 Gaming Brand and Ecosystem
No.1 Gaming Brand and Ecosystem • The No. 1 choice of gamers and enthusiasts around the world LEADERSHIP • Worldwide media recommendations and community awards • ROG has set an extremely high standard for its exclusive technologies: Nebula display and Intelligent cooling, to meet a strict set of req
Slide 22: Sustaining an Incredible Future
Sustaining an Incredible Future ASUS has near-term science-based emission reduction targets validated by SBTi and has committed to long-term goals in line with limiting global warming to 1.5 °C and reaching net-zero by 2050 ASUS ExpertBook B9 Recognized as an (B9403CV) EPEAT Climate+ Champion highli
Slide 23: Q&A
JUS _INSEARCH OF INCREDIBLE Q&A
Asustek Computer Inc Regs — Q3 2023 Earnings Presentation on 6ix