Slide 1: Operating Results Report for Q2 of 2022
Operating Results Report for Q2 of 2022 Aug. 10, 2022 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 1
Slide 2: Content
Content 1. Market Information 2. Operating Overview for Q2 of 2022 3. Outlook for Dynamic 4. Dynamic Actions in ESG 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 2
Slide 3: Disclaimer
Disclaimer The forward-looking statements in this report contain unknown risks and uncertainties, which may cause actual operating results to be materially different from the forward-looking statements, the statements about historical events are excluded. The forward-looking statements in this r
Slide 4: Market Information
Market Information 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 4
Slide 5: Emerging Risks
Emerging Risks According to 2Q22 Gartner Emerging Risks Survey, the top five combined risks are, in order: macroeconomic downturn, escalation of conflict in Europe, state-sponsored cyberattacks, energy price inflation, and key material shortages. 2022 © Dynamic Electronics Co., Ltd. All Rights Res
Slide 6: Semiconductor Revenue Growth History and Forecast
Semiconductor Revenue Growth History and Forecast Semiconductors enter a downward cycle: 2021 to 2022 : Annual Growth Rate falling to 7.4% 2022 to 2023 : Annual Growth Rate falling to -2.5% Gartner (June 2022) 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 6
Slide 7: Country and Region Inflation Levels
Country and Region Inflation Levels CPI inflation stands the highest for Europe in 2022, followed by the United States. The supply/demand imbalances, with a logistics bottleneck and labor shortage, which fundamentally cause high inflation, are unlikely to ease in 2022. Gartner (June 2022) 2022 ©
Slide 8: Revenue Growth of each product application
Revenue Growth of each product application Demand from smartphones/PCs slows down in 2022. Auto, Data Center, wearables show strong long term growth. 2022 Revenue Growth: 7.4%; 2021-26 CAGR: 5.6%. Gartner (June 2022) 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 8
Slide 9: Auto Production Trends and EV/HEV Market
Auto Production Trends and EV/HEV Market According to Gartner forecast in April, the vehicle unit production downwards in the long run. Vehicle unit production will not recover to the level in 2018 through the next 10 years. The main reason of the reduction is automakers’ withdrawal from the ICE c
Slide 10: Global Light Vehicle Sales
Global Light Vehicle Sales Global light vehicle sales in 2020 and 2021 are 78 million / 81 million units, respectively. Global light vehicle sales rose to 85 million units/year in June from 76 million units/year in May in 2022, marking the best record so far this year, but cumulative sales this
Slide 11: Operating Overview for Q2 of 2022
Operating Overview for Q2 of 2022 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 11
Slide 12: 2022Q2 Sales Analysis - Product
2022Q2 Sales Analysis - Product Consumer Network & 4% Q2 Server PC & Q1 4% Storage Network Consumer Peripherals Device & Server 3% 4% 4% Storage 8% PC & Device Peripherals Display 10% Panel 5% Automotive 21% Automotive Display Panel 56% 59% 22% Automotive Display Panel Storage Device Network & Serve
Slide 13: Consolidated Income Statement
Consolidated Income Statement Accounts Q-o-Q Y-o-Y Q1-Q2 Q1-Q2 Y-o-Y 2Q22 1Q22 2Q21 (TWD 100M) Change% Change% 2022 2021 Change% Sales Revenue 35.88 40.92 (12.3)% 39.16 (8.4)% 76.81 74.78 2.7 % Gross Profit % 12.4 % 12.6 % (0.2)% 12.6 % (0.1)% 12.5 % 10.7 % 1.9 % ppts Operating expenses 2.87 2.74 4.
Slide 14: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 2Q22 1Q22 2Q21 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 25.74 13.4% 27.99 14.3% 25.27 15.5% Accounts receivable 42.55 22.1% 46.66 23.8% 41.98 25.7% Inventories 28.57 14.8% 27.84 14.2% 26.99 16.5% Property, plant and equi
Slide 15: Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (TWD 100M) 2Q22 1Q22 2Q21 Cash at beginning of period 27.99 27.30 18.19 Cash Flow from Operating 6.41 2.24 0.76 Capital Expenditure (5.60) (8.52) (1.48) Cash Dividends Paid Cash Flow from Financing (4.87) 17.43 8.17 Investment & Other 0.23 0.04 (0.20) Cash at en
Slide 16: 2022Q2 Summary
2022Q2 Summary The proportion of automotive boards increased from 56% in Q1 to 59% in Q2, while storage, display panels, and computers and peripherals decreased. The proportion of electric vehicles in Q2 decreased slightly due to the Shanghai lockdown. In order to keep customer information confi
Slide 17: Outlook for Dynamic
Outlook for Dynamic 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 17
Slide 18: 2022Q3 and Future Outlook
2022Q3 and Future Outlook Looking forward to Q3, the main growth momentum is the automotive / electric vehicle boards; the demand for "non-automotive board" decreased due to the market recession and customers’ excessive inventory. We conservatively estimate the revenue and earnings for Q3 will rem
Slide 19: Dynamic Actions in ESG
Dynamic Actions in ESG 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 19
Slide 20: Huangshi Plant Roof Power Generation Project
Huangshi Plant Roof Power Generation Project Completion of Project：2022.5.25 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved.
Slide 21: Huangshi Plant Roof Power Generation Project
Huangshi Plant Roof Power Generation Project Grid Connection Box Inverter Metering and terminal data collection 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved.
Slide 22: Thank You!
Thank You! 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved. 2022 © Dynamic Electronics Co., Ltd. All Rights Reserved.