Slide 1: 2024 Q3 Investor Presentation
Chenbro Micom 2024 Q3 Investor Presentation Nov. 8, 2024 ir@chenbro.co m Confidential 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains certain forward-looking Ch statements that are based on current expectations and are subject to known and unknown risks and en uncertainties that could cause actual results to Mi differ materially from those expressed or implied co robby such statement
Slide 3: 24Q3 Results Highlight
24Q3 Results Highlight Revenue Gross Profit NT$4,272M NT$1,232M Ch en QoQ YoY QoQ YoY GM Mi b +18.4 %+81.2% +34.9% +120.0 28.8 co ro % % mOperating Profit NT$894M EPS NT$5.34 QoQ YoY OPM QoQ YoY +53.3 +215.9 20.9 +41.6 +156.7 % % % % % Confidential 3
Slide 4: 24Q1~3 Results Highlight
24Q1~3 Results Revenue Gross Profit Highlight NT$10,652M NT$2,834M Ch en YoY YoY GM Mi b + 63.4% + 26.6% co ro 99.0% m Operating Profit NT$1,921M EPS NT$ 12.14 YoY OPM YoY +186.7 18.0 +176.5 % % % Confidential 4
Slide 5: Revenue Breakdown
Revenue Breakdown By Product By Geography Ch en Mi b co ro m Confidential 5
Slide 6: 2024Q3 - Quarterly Income Statement
2024Q3 - Quarterly Income Statement (NT$Mn) 24Q3 24Q2 QoQ 23Q3 YoY Net Revenue 4,272 3,607 18.4% 2,357 81.2% Gross Profit 1,232 913 34.9% 560 120.0% Ch Operating Profit 894 583 53.3% 283 215.9% Non-Operating en (15) 25 (160.0%) 44 (134.1%) Income(Loss) Mi b Pretax Profit 879 608 44.6% 326 169.6% co
Slide 7: 2024Q3 - Income Statement
2024Q3 - Income Statement (NT$Mn) 24Q1~3 23Q1~3 YoY Net Revenue 10,652 6,518 63.4% Gross Profit 2,834 1,424 99.0% Ch Operating Profit 1,921 670 186.7% Non-Operating en 60 63 (4.8%) Income(Loss) Mi b Pretax Profit 1,981 733 170.3% co ro Tax Expenses 485 183 165.0% m Net Profit to Parent 1,462 527 177
Slide 8: 2024Q3 - Consolidated Balance Sheet
2024Q3 - Consolidated Balance Sheet (NT$Mn) 2024.09.30 2024.06.30 QoQ 2023.09.30 YoY Total Assets 15,368 15,059 2.1% 12,133 26.7% Cash (Note) 3,824 3,348 14.2% 2,162 76.9% NR & AR 3,676 3,787 (2.9%) 2,159 70.2% Ch Inventories 1,761 1,834 (4.0%) 2,242 (21.5%) en Fixed Assets 5,306 5,298 0.2% 5,018 5.
Slide 9: 2024Q3 - Consolidated Cash Flow Statement
2024Q3 - Consolidated Cash Flow Statement (NT$Mn) 24Q3 23Q3 YoY Ch Beginning Balance (Note 1) 2,980 1,885 58% Cash inflow generated from en 1,952 1,423 37% operations Mi Capital expenditures b (614) (187) 228% co ro Proceeds from short-term/long- (877) (497) 76% m term debt Proceeds from convertible
Slide 10: Dividend Distribution
Dividend Distribution 2019 2020 2021 2022 2023 EPS(NT$) Ch 7.62 8.16 5.62 8.32 9.03 Dividend(NT$) en 4.60 4.00 3.00 4.00 5.00 Dividend Yield Mi b 4.7% 5.1% 4.6% 2.6% 1.7% Payout Ratio co ro 60% 61% 53% 48% 55% 【 Notes 】 m • 2019-2023 yields are based on Chenbro’s closing share price on the day befor
Slide 11: Business Outlook
Business Outlook Strong demand from end-customer AI projects provides confidence in revenue growth for the year. In response to the rapidly changing external environment, the company is Ch dynamically adjusting its internal strategies to continuously optimize profitability. en To address supply
Slide 12: Critical Events
Critical Events Chenbro's Debut at OCP Summit The theme "AI X CHENBRO," showcasing innovative chassis solutions based on the OCP DC-MHS Ch architecture. This marks the debut of NVIDIA’s MGX 4U liquid-cooled and air-cooled server chassis, along with 1U and 2U products supporting the GB200 NVL72 and e
Slide 13: Q&A
? Ch en ? ? Mi Qb& r A co o ? m Confidential 13
Slide 14: www.chenbro.com
www.chenbro.com Confidential 14