Slide 1: 2019 Quarter Three Investor Conference
Dynamic Electronics Co., Ltd. 2019 Quarter Three Investor Conference Nov. 12, 2019
Slide 2: Content
Content 1. Operation Overview of 2019 Q3 2. Future Prospects 3. Latest Significant Events 2019 © Dynamic Electronics Co., Ltd. All Rights Reserved.
Slide 3: 2019 Q3 Revenue by Application
2019 Q3 Revenue by Application Cloud、 Others Q2 Communic Q3 7% ation & LCD Networkin g 21% Consumer 4% Automotiv Storage 8% e Device 40% 18% Green Energy 2% LCD Consumer Storage Device Green Energy Automotive Change+8% Change+46% Change +53% Change+29% Change+12% (TWD M) SALES (TWD M) (TWD M) SALES
Slide 4: 2019 Q3 Revenue by Process
2019 Q3 Revenue by Process Q2 Q3 Double- HDI sided 16% 8 layer 13% above 14% 4 layer 6 layer 44% 13% Double-sided 4 layer 6 layer 8 layer above HDI Change+3% Change+14% Change+15% Change+18% Change+77% (TWD M (TWD M SALES (TWD M SALES (TWD M (TWD M SALES SALES SALES 2Q19 3Q19 2Q19 3Q19 2Q19 3Q19 2Q1
Slide 5: Applications of Automotive Boards
Applications of Automotive Boards A. Conventional：Infotainment system, Body control, Powertrain, Car wireless charger, Car battery, Car key, USB, Tire pressure detection, Engine control, Car antenna, Airbag, Car light, Interior control, Brake, Engine ignition control, Electronic control unit, Dynami
Slide 6: Consolidated Income Statement
Consolidated Income Statement Accounts Q-o-Q Y-o-Y Q1-Q3 Q1-Q3 Y-o-Y 3Q19 2Q19 3Q18 (TWD 100M) Change% Change% 2019 2018 Change% Sales Revenue 38.73 32.33 19.8 % 35.78 8.3 % 101.59 95.50 6.4 % Gross Profit % 15.2 % 10.5 % 4.7 % 11.0 % 4.1 % 11.8 % 8.2 % 3.6 % ppts Operating expenses 3.86 2.76 40.0 %
Slide 7: Consolidated BS & Financial Indicators
Consolidated BS & Financial Indicators Accounts 3Q19 2Q19 3Q18 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 13.41 9.5% 12.23 8.9% 11.01 8.0% Accounts receivable 41.73 29.5% 35.13 25.6% 37.31 27.0% Inventories 16.76 11.9% 17.28 12.6% 18.63 13.5% Property, plant and equipment 53.56
Slide 8: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement (TWD 100M) 3Q19 2Q19 3Q18 Cash at beginning of period 11.97 13.03 14.05 Cash Flow from Operating 4.75 2.03 3.10 Capital Expenditure (2.10) (2.70) (4.46) Cash Dividends Paid Cash Flow from Financing (1.82) (0.68) (1.72) Investment & Other 0.23 0.28 0.00 Cash at end of
Slide 9: Summary of Year 2019 Q3
Summary of Year 2019 Q3 The revenue of Q3 was 3.873 billion, increased by 19.8% compared with the previous quarter and 8.3% compared with the same period last year. The annual cumulative revenue was 6.4% higher than the same period last year. Reasons for the growth of revenue are: the market recov
Slide 10: Prospect of Year 2019 Q4
Prospect of Year 2019 Q4 Q4 revenue is expected to be flat compared with the same period last year. Q4 gross margin is positive as the demand for high- end process HDI will last to the end of the year. Q4 HDI will continue to grow in the applications to automotive, storage, LCD, and automotive
Slide 11: Product Roadmap of Year 2020
Product Roadmap of Year 2020 1. The direction of automotive board development Mainly focus on the products of high frequency (automobile radar, car network), HDI (camera, car multimedia), thick copper (new energy car), Semi- Flex board (control unit, replacement of traditional connectors), etc. 2.
Slide 12: Introduction of Huangshi Plant
Introduction of Huangshi Plant
Slide 13: Pre-production preparation time Reduced
Pre-production Equipment Average yield preparation time abnormality exclusion time Reduced Reduced Increased 61% 66% 3.5%
Slide 14: Manpower Productivity Output value per capita
Manpower Productivity Output value per capita Reduced Increase 37% 48% 117 K USD
Slide 15: Latest Significant Events
Latest Significant Events 1. 10/18 The board of directors resolved to sell the Taoyuan factory and it was sold to Tungwei Construction for 735 million dollars. The sales and purchase agreement was signed on the same day. The profit on disposal is estimated at about NT$300 million. The actual recogni
Slide 16: Award of Affirmation – Won 2019 TCSA
Award of Affirmation – Won“2019 TCSA” 11/2 Dynamic won the "2019 TCSA Taiwan Corporate Sustainability Award" Taiwan Sustainability Corporate Excellent Performance Award Corporate Sustainability Report Category 1 - Gold Award The report that discloses corporate governance, social inclusion and en
Slide 17: Social Care – Education
Social Care – Education It is the fourth consecutive year that Dynamic Electronics has provided the stage for the children of Jieshou Junior High School to give full play to their talents. In the first three years, the children's creativity through their unique and sharp observation of color, line a
Slide 18: Thank You!
Thank You! 2019 © Dynamic Electronics Co., Ltd. All Rights Reserved.