Slide 1: Samsung Electronics Earnings Presentation: 2Q 2023 Financial Results
SAMSUNG ELECTRONICS Earnings Presentation: 2Q 2023 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 2023 financial results is completed. The review outcomes may cause some parts of this document
Slide 3: Index
INDEX PRESENTER 2Q 2023 RESULTS PERFORMANCE & FINANCIAL DATA BY BUSINESS UNIT RESULTS & APPENDICES OUTLOOK
Slide 4: Presenter by Business Unit
Earnings Presentation Presenter by Business Unit Ben Suh, EVP Jaejune Kim, EVP Hyeokman Kwon, VP Gibong Jeong, EVP Casey Choi, 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 2023 Result & Financial Data
2Q 2023 Result & Financial Data Based on the consolidated financial statement in 1Q 2023 Key Profitability (Unit: KRW Trillion) 2Q23 % of sales 1Q23 % of sales 2Q22 Indicators 2Q23 1Q23 2Q22 Sales 60.01 100.0% 63.75 100.0% 77.20 ROE 2% 2% 14% Cost of sales 41.65 69.4% 46.01 72.2% 46.27 Profitability
Slide 6: Performance by Business Unit
Performance by Business Unit Sales Operating Profit 2Q23 1Q23 2Q22 QoQ YoY 2Q23 1Q23 2Q22 QoQ YoY (Unit: KRW Trillion) (Unit: KRW Trillion) Total 60.01 63.75 77.20 6%↓ 22%↓ Total 0.67 0.64 14.10 0.03 (13.43) DX 40.21 46.22 44.46 13%↓ 10%↓ DX 3.83 4.21 3.02 (0.38) 0.81 VD / DA 14.39 14.08 14.83 2%↑ 3
Slide 7: Results & Outlook: Memory
RESULTS & OUTLOOK Memory 2Q23 Results 2H23 Outlook Memory Server demand remained weak as customers continued to adjust Memory Demand to recover gradually in 2H, considering widened production inventories, but demand for high-density/high-performance products cuts in the industry, while inventory adj
Slide 8: Results & Outlook: S.LSI/Foundry
RESULTS & OUTLOOK S.LSI/Foundry 2Q23 Results 2H23 Outlook S.LSI Weak smartphone demand caused by the economic slowdown and S.LSI Earnings to improve thanks to recovering demand—driven by peak IT inflation delayed the recovery of semiconductor demand, and seasonality—for parts such as SoCs and DDIs,
Slide 9: Results & Outlook: SDC
RESULTS & OUTLOOK SDC 2Q23 Results 2H23 Outlook Mobile Strategic customers achieved stable results in the premium segment Mobile Earnings to improve H-H, with new product releases from several despite a decline in market demand for smartphones due to effects of mobile customers lined up. We will use
Slide 10: Results & Outlook: MX/Network
RESULTS & OUTLOOK MX/Network 2Q23 Results 2H23 Outlook MX Market demand for smartphones weakened sequentially due to MX The smartphone market to return to y-y growth in 2H, led by rising continued effects of macro factors, such as interest rates hikes and demand, especially in the premium market. Ho
Slide 11: Results & Outlook: VD/DA
RESULTS & OUTLOOK VD/DA 2Q23 Results 2H23 Outlook VD Market demand contracted q-q due to seasonality, but the trend of VD Seasonal strength to lessen the decrease in overall TV demand as the declining demand y-y was eased due to the base effect of several premium/super-big market should remain robus
Slide 12: Appendix: Financial Position
Appendix 1 Financial Position (Unit : KRW Billion) 30.Jun.23 31.Mar.23 30.Jun.22 30.Jun.23 31.Mar.23 30.Jun.22 Assets 448,000.5 454,091.8 448,040.7 Current ratio ※ 288% 282% 283% Cash ※ 97,125.2 108,182.9 125,352.3 Liability/equity 25% 26% 37% A/R 36,104.1 36,632.2 44,026.2 Debt/equity 3% 3% 5% Inve
Slide 13: Appendix: Cash Flow
Appendix 2 Cash Flow (Unit: KRW Trillion) 2Q23 1Q23 2Q22 Current State of Net Cash (Net Cash =Cash※ - Debts) Cash (Beginning of period) ※ 108.18 115.23 125.89 (Unit: KRW Trillion) 30.Jun.23 31.Mar.23 30.Jun.22 Cash flows from operating activities 8.17 6.29 14.14 Net Cash 87.99 98.24 107.91 Net profi
Slide 14: Thank you
Thank you SAMSUNG