Asustek Computer Inc. · TWSE:2357
Asustek Computer — Asustek Computer Inc Regs — Q2 2024 Earnings Presentation
21 slides from Asustek Computer's earnings presentation, Aug 7, 2024
Slide 1: ASUSTeK 2Q 2024 Investor Conference
ASUSTeK 2Q 2024 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 • 2Q 2024 Financial Result • Strategy & Outlook • Q&A CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 4: 2Q 2024 Financial Result
2Q 2024 Financial Result
Slide 5: 2024 2Q Brand Income Statement
2024 2Q Brand Income Statement in NT$ Mn 2024 2Q 2024 1Q QoQ 2023 2Q YoY Net Revenue 136,260 114,106 19% 107,488 27% COGS (111,376) (97,153) 15% (94,040) 18% Gross Profit 24,884 16,953 47% 13,448 85% Operating Expenses (14,200) (12,317) 15% (12,229) 16% Operating Profit 10,684 4,636 130% 1,219 776%
Slide 6: 2024 2Q Non-OP Items
2024 2Q Non-OP Items in NT$ Mn 2024 2Q 2024 1Q QoQ 2023 2Q YoY Interest Income (net) 682 694 -2% 571 20% Investment Income 668 286 133% 351 90% Askey (146) (376) 61% (118) -24% Others 814 663 23% 469 74% Exchange Gain/(Loss) 805 578 39% (73) 1207% Dividend Income 1,806 - Other Income (net) 44 95 -54
Slide 7: 2024 2Q Brand Balance Sheet
2024 2Q Brand Balance Sheet in NT$ Mn Jun 30, 2024 Mar 31, 2024 QoQ Jun 30, 2023 YoY Cash & equivalents 40,882 58,355 -30% 54,704 -25% Accounts receivable 103,036 80,835 27% 91,352 13% Inventories 145,361 128,251 13% 117,520 24% Current Assets 310,489 284,539 9% 277,642 12% Long-term investments 139
Slide 8: 2024 2Q Revenue Mix
2024 2Q Revenue Mix Business Group Region System BG: PC & smartphone. AIoT BG: Mini PC, IPC & AI solution Open Platform BG: MB, Graphic Card, Server & other component products 8 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 9: 2024 3Q Business Outlook
2024 3Q Business Outlook • PC QoQ +15% ~ +20% • Component & Server QoQ +5% ~ +10% CONFIDENTIAL AND PROPRIETARY INFORMATION 9
Slide 10: Strategy & Outlook
JUS _INSEARCH OF INCREDIBLE Strategy & Outlook
Slide 11: 2024 Roadmap
2024 Roadmap 2024 H1 2024 H2 Effective and Robust Execution Enter the AI growth cycle Enhanced operation and efficiency Lead the first AI PC product cycle Initiated AI enterprise transformation Develop multiple AI platforms and solutions Achieved outstanding results Foster growth and contribute to A
Slide 12: ASUS AI: The Most Comprehensive and Optimized AI Solution
ASUS AI The Most Comprehensive and Optimized AI Solution Cloud Learning, Productivity, Lifestyle, Gaming Hybrid Service, Facility Optimization, Creativity, Workflow Comprehensive Optimized AI Silicon Solutions Edge AI Accelerated Computing AMD, Intel, NVIDIA, Qualcomm CPU, iGPU/dGPU, NPU Public LLM
Slide 13: CONFIDENTIAL AND PROPRIETARY INFORMATION
13 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 14: ASUS AI Server
ASUS AI Server Server Revenue Growth Comprehensive AI server solutions for next generation ESC N8-E11 (H100)/ I8-E11 (Gaudi 3)/ ESC NM1-E1 ESC AI POD (GB200 NVL72) A8A-E11 (MI300) Server Business achievement • ASUS‘s server business has shown robust performance and to deliver 5X revenue target in ad
Slide 15: ASUS AIoT x Smart Our life
Smart Factory ASUS AIoT x Smart Our life – AI Leading Industry Breakthroughs Smart Manufacturing Smart City 15 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 16: System Business Group
System Business Group 24Q2 Revenue Gaming NB Leadership + 5~10% YoY 25+% 2024 Q2 No.1 Performance Market Share • ASUS stays ahead as the leading brand in gaming NB. Business • AI PC will shape a new era, driving the PC industry into a long-term growth cycle. Highlights • ASUS is committed to seizing
Slide 17: Open Platform Business Group
Open Platform Business Group 24Q2 Revenue Motherboard & Graphics Card Server Business Revenue Revenue +10~15% YoY Multiple-fold Growth +50~% YoY 2024 Q2 Performance • Dominant leadership in motherboards and graphics cards. Business • Delivered stronger growth in premium segments such as gamer, power
Slide 18: AIoT Business Group
AIoT Business Group 24Q2 Revenue ASUS Introducing AI NUC: ASUS EndoAim ,Endoscopy AI Redefining Versatility and Solution won the "Best AI- +150~% YoY Innovation during Computex Assisted Software Solution" 2024 Q2 Performance • ASUS NUC contributed incremental revenue growth and channel coverage. Bus
Slide 19: ROG Community: Leadership and Innovation
• ROG Zephyrus gaming laptop reached around 70% market share in the thin & light gaming segment. LEADERSHIP • ROG announced new line-up at Computex 2024 and have won over 30 media awards. • Featuring an 80Wh battery, M.2 2280-sized 1TB storage, and 24GB of memory, the ROG Ally X takes everything tha
Slide 20: Sustaining an Incredible Future
Sustaining an Incredible Future Climate CLEAN200 Leaders Corporate Knights Asia-Pacific Selected as Clean 200 Rated Leadership level scores from CDP Climate Selected as Climate Leaders (2023-2024) Change report and Supplier Engagement Rating (2024) Asia-Pacific (2022-2023) Climate Action Circular Ec
Slide 21: Q&A
JUS _INSEARCH OF INCREDIBLE Q&A
Asustek Computer Inc Regs — Q2 2024 Earnings Presentation on 6ix