Asustek Computer Inc. · TWSE:2357
Asustek Computer — Asustek Computer Inc Regs — Q1 2024 Earnings Presentation
19 slides from Asustek Computer's earnings presentation, May 13, 2024
Slide 1: ASUSTEK 1Q 2024 Investor Conference
ASUSTEK 1Q 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 • 1Q 2024 Financial Result • Strategy & Outlook • Q&A CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 4: 1Q 2024 Financial Result
1Q 2024 Financial Result
Slide 5: 2024 1Q Brand Income Statement
2024 1Q Brand Income Statement in NT$ Mn 2024 1Q 2023 4Q QoQ 2023 1Q YoY Net Revenue 114,106 111,943 2% 102,376 11% COGS (97,153) (94,660) 3% (94,128) 3% Gross Profit 16,953 17,283 -2% 8,247 106% Operating Expenses (12,317) (14,943) -18% (11,900) 3% Operating Profit 4,636 2,341 98% (3,653) 227% Non-
Slide 6: 2024 1Q Non-OP Items
2024 1Q Non-OP Items in NT$ Mn 2024 1Q 2023 4Q QoQ 2023 1Q YoY Interest Income (net) 694 696 0% 482 44% Investment Income 286 605 -53% 290 -1% Askey (376) (222) -70% (49) -670% Others 663 827 -20% 339 96% Exchange Gain/(Loss) 578 1,411 -59% 990 -42% Dividend Income 13 - Other Income (net) 95 538 -82
Slide 7: 2024 1Q Brand Balance Sheet
2024 1Q Brand Balance Sheet in NT$ Mn Mar 31, 2024 Dec 31, 2023 QoQ Mar 31, 2023 YoY Cash & equivalents 58,355 66,399 -12% 58,829 -1% Accounts receivable 80,835 81,519 -1% 86,539 -7% Inventories 128,251 116,388 10% 115,845 11% Current Assets 284,539 278,975 2% 275,101 3% Long-term investments 134,99
Slide 8: 1Q 2024 Revenue Mix
1Q 2024 Revenue Mix Business Group Region Americas EURP 26% 36% ASIA 38% System BG: PC & smartphone 8 AIOT BG: Mini PC, IPC & AI solution CONFIDENTIAL AND PROPRIETARY INFORMATION Open Platform BG: MB, Graphic Card, Server & more component products
Slide 9: 2Q 2024 Business Outlook
2Q 2024 Business Outlook • PC QoQ +10%~15% • Component QoQ Flattish CONFIDENTIAL AND PROPRIETARY INFORMATION 9
Slide 10: Strategy & Outlook
JUS _INSEARCH OF INCREDIBLE Strategy & Outlook
Slide 11: 2024 Business Outlook
2024 Business Outlook Strong commitment to building a growth enterprise Launch new era of AI devices Comprehensive AI transformation Solid execution and stronger operation performance 2024 1H 2024 2H Solid execution Drive growth 11 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 12: The Most Comprehensive AI Solution
The Most Comprehensive AI Solution AI Cloud AI Server AI on Personal Client AI PC, AI Smartphone AI on the Edge IPC, AIoT 12 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 13: ASUS' Key Initiatives in the AI Era
ASUS’ Key Initiatives in the AI Era Design Thinking Ubiquitous AI Time to Innovation Ecosystem Architect 13 CONFIDENTIAL AND PROPRIETARY INFORMATION
Slide 14: CONFIDENTIAL AND PROPRIETARY INFORMATION
CONFIDENTIAL AND PROPRIETARY INFORMATION 14
Slide 15: System Business Group
System Business Group 24Q1 Revenue Gaming NB Leadership + 0~5% YoY 25+% 2024 Q1 No.1 Performance Market Share • ASUS continues to excel as the top gaming notebook brand. Business • With the launch of AI PC, the PC industry is entering a long-term growth phase. Highlights • ASUS is ready to shape thi
Slide 16: Open Platform Business Group
Open Platform Business Group 24Q1 Revenue Motherboard & Graphics Card Server Business Revenue Revenue Remain Solid Multiple-fold Growth +20~25% YoY 2024 Q1 Performance • Solid leadership in motherboards and graphics cards with No.1 market share in the global market. Business • Continuously expanding
Slide 17: AIoT Business Group
AIoT Business Group 24Q1 Revenue ASUS Handheld Ultrasound LU800 Honored +~150% YoY with National Medical Quality Award 2024 Q1 Performance • ASUS introduced new NUC products to the market and various verticals. Business Highlights • The ASUS Handheld Ultrasound LU800 receives a National Medical Qual
Slide 18: ROG leadership, innovation and diversity
• ROG Zephyrus gaming laptop reached around 60% market share in the thin & light gaming segment. (Feb, 2024) LEADERSHIP • ROG products have been recognized with multiple design awards including iF and Red Dot awards. • ROG Zephyrus G16 is the first 16“ laptop featuring OLED display with G-Sync suppo
Slide 19: Q&A
JUS _INSEARCH OF INCREDIBLE Q&A
Asustek Computer Inc Regs — Q1 2024 Earnings Presentation on 6ix