Slide 1: Earnings Release Q1 2020
Earnings Release Q1 2020 Samsung Electronics April 2020
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 Q1 2020 financial results is completed. The review outcomes may cause some parts of this documen
Slide 3: Income Statement
Income Statement (Unit: KRW Trillion) Q1 ’20 % of sales Q4 ’19 % of sales Q1 ’19 Sales 55.33 100.0% 59.88 100.0% 52.39 Cost of Sales 34.81 62.9% 38.55 64.4% 32.75 Gross Profit 20.52 37.1% 21.33 35.6% 19.64 SG&A expenses 14.07 25.4% 14.17 23.7% 13.41 - R&D expenses 5.36 9.7% 4.92 8.2% 4.90 Operating
Slide 4: Segment Sales & Operating Profit
Segment Sales & Operating Profit Sales (Unit: KRW Trillion) Q1 ’20 Q4 ’19 Q1 ’19 QoQ YoY Total 55.33 59.88 52.39 8%↓ 6%↑ CE 10.30 12.87 10.17 20%↓ 1%↑ VD 5.65 8.09 5.84 30%↓ 3%↓ IM 26.00 24.95 27.20 4%↑ 4%↓ Mobile 24.95 24.05 25.92 4%↑ 4%↓ DS 24.13 24.74 20.62 2%↓ 17%↑ Semiconductor 17.64 16.79 14.4
Slide 5: Q1 Results and Outlook by Business Unit: Semiconductor, DP
Q1 Results and Outlook by Business Unit Semiconductor D P [Q1 Results] [Q1 Results] □ Memory : Demand solid mainly for server and PC and steady for mobile □ Mobile: Shipments and earnings fell due to weak seasonality and - DRAM : Addressed server/PC demand from major customers via flexible product m
Slide 6: Q1 Results and Outlook by Business Unit: IM, CE
Q1 Results and Outlook by Business Unit I M C E [Q1 Results] [Q1 Results] □ Mobile : Shipments fell Q-Q as COVID-19 impacts started taking □ TV: Earnings declined due to market slowdown in demand, but effect globally toward the end of the quarter sales of premium products—eg, QLED, ultra-large, Life
Slide 7: [Appendix 1] Financial Position
[Appendix 1] Financial Position (Unit : KRW Billion) Mar 31, Dec 31, Mar 31, 2020 2019 2019 Assets 357,457.5 352,564.5 345,067.9 - Cash ※ 113,196.4 112,152.7 102,035.2 - A/R 36,388.6 35,131.3 36,709.3 - Inventories 28,454.9 26,766.5 31,456.0 - Investments 18,650.2 20,196.9 18,371.1 - PP&E 121,678.0
Slide 8: [Appendix 2] Cash Flow
[Appendix 2] Cash Flow (Unit : KRW Trillion) Q1 ’20 Q4 ’19 Q1 ’19 Cash (Beginning of period) ※ 112.15 104.99 104.21 Cash flows from operating activities 11.83 19.72 5.24 Net profit 4.88 5.23 5.04 Depreciation 6.59 6.55 6.84 Cash flows from investing activities △9.36 △10.65 △4.46 Purchases of PP&E △8