Slide 1: Earnings Presentation: 2Q 2024 Financial Results
SAMSUNG ELECTRONICS Earnings Presentation: 2Q 2024 Financial Results
Slide 2: Disclaimer
Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only before the external review on our 2Q 2024 financial results is completed. The Audit outcomes may cause some parts of this document
Slide 3: Index
Index PRESENTERS 2Q 2024 RESULTS PERFORMANCE & FINANCIAL DATA BY BUSINESS SEGMENTS RESULTS & APPENDICES OUTLOOK
Slide 4: Earnings Presentation: Speakers
Earnings Presentation: Speakers Daniel Oh, EVP Jaejune Kim, EVP Tommy Kwon, VP Taejoong Song, VP Charles Hur, EVP Daniel Araujo, VP KL Roh, VP Investor Relations Memory System LSI Foundry Samsung Display Corp Mobile eXperience Visual Display Device Solutions Device eXperience
Slide 5: 2Q 2024 Results & Financial Data
2Q 2024 Results & Financial Data Based on the consolidated financial statement in 2Q 2024 (Unit: KRW trillion) 2Q23 1Q24 % of sales 2Q24 % of sales Key Profitability Indicators Sales 60.01 71.92 100.0% 74.07 100.0% 2Q23 1Q24 2Q24 Cost of sales 41.65 45.89 63.8% 44.31 59.8% ROE 2% 7% 11% Gross profit
Slide 6: Results by Business Segments
Results by Business Segments Sales Operating Profit (Unit: KRW trillion) 2Q23 1Q24 2Q24 QoQ YoY 2Q23 1Q24 2Q24 QoQ YoY (Unit: KRW trillion) Total 60.01 71.92 74.07 3%↑ 23%↑ Total 0.67 6.61 10.44 3.84 9.78 DX 40.21 47.29 42.07 11%↓ 5%↑ DX 3.83 4.07 2.72 (1.35) (1.11) MX / NW 25.55 33.53 27.38 18%↓ 7%
Slide 7: Memory
Memory 2Q24 Results 2H24 Outlook Memory Memory Market: The expansion of AI investments by hyperscaler customers resulted Market: We expect the demand from server AI to stay strong across server products in robust demand for not only HBM, but also such as HBM, DDR5, and SSD, due to continued investme
Slide 8: S.LSI/Foundry
S.LSI/Foundry 2Q24 Results 2H24 Outlook S.LSI S.LSI SEC: Earnings improved thanks to increased supply of SoCs, image SEC: We will focus on the stable supply of Exynos-2500 and expand the application of sensors, and DDIs for major customer’s flagship products, which 200-megapixel image sensors in sma
Slide 9: SDC
SDC 2Q24 Results 2H24 Outlook Mobile Mobile SEC: We improved our performance QoQ thanks to strong flagship demand Market: Although we expect sales to improve thanks to the launches of new from major customers, the timely supply of new products, and increased smartphone models by major customers and
Slide 10: MX/NW
MX/NW 2Q24 Results 2H24 Outlook MX MX Market: Smartphone demand decreased sequentially in the seasonally weak Market: In smartphones, we expect the premium segment to grow, but the mass quarter, particularly in the premium segment. segment is likely to slow. We also expect to see growth in ecosystem
Slide 11: VD/DA/Harman
VD/DA/Harman 2Q24 Results 2H24 Outlook VD VD Market: Overall market demand grew YoY especially in advanced countries, and Market: We expect the overall market to recover further with growing demand for also increased slightly QoQ, mainly due to global sporting events. QLED, OLED and big TVs. SEC: Pr
Slide 12: Appendix 1: Financial Position (Summary)
Appendix 1: Financial Position (Summary) (Unit: KRW billion) 30.Jun.23 31.Mar.24 30.Jun.24 30.Jun.23 31.Mar.24 30.Jun.24 Assets 448,000.6 470,899.8 485,757.7 Cash ※ 97,125.2 97,392.8 100,795.5 Current ratio* 288% 255% 258% A/R 36,104.1 41,145.4 43,660.9 Inventories 55,504.8 53,347.7 55,566.6 Liabili
Slide 13: Appendix 2: Cash Flow (Summary)
Appendix 2: Cash Flow (Summary) (Unit: KRW trillion) 2Q23 1Q24 2Q24 Current State of Net Cash (Net Cash = Cash ※ - Debts) Cash (beginning of period) ※ 108.18 92.41 97.39 (Unit: KRW trillion) 30.Jun.23 31.Mar.24 30.Jun.24 Cash flows from operating activities 8.17 11.87 16.90 Net profit 1.72 6.75 9.84
Slide 14: Thank you
Thank you SAMSUNG