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ASUSTEK — Interim / Quarterly Report 2021
Nov 29, 2021
52027_rns_2021-11-29_c2b2ad38-a52c-4fb2-8643-2dfce45097c9.pdf
Interim / Quarterly Report
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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 the date of this release, we undertake no obligation to update these forward-looking statements for new information, future events, or otherwise.
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Agenda
• 3Q 2021 Financial Result
• Strategy & Outlook
- Q & A
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3Q 2021 Brand P&L
| in NT$Mn Net Revenue COGS Gross Profit Operating Expenses Operating Profit Non-OP Items Pre-Tax Profit Tax Net Profit EPS Gross Margin % Operating Margin % |
2021 3Q 130,091 (105,922) 24,169 (13,374) 10,795 4,256 15,051 (3,721) 11,330 15.3 18.6% 8.3% |
2021 2Q 120,376 (94,581) 25,795 (12,262) 13,533 1,423 14,956 (3,587) 11,370 15.3 21.4% 11.2% |
QoQ 8% 12% -6% 9% -20% 199% 1% 4% 0% |
2020 3Q YoY 119,612 9% (98,455) 8% 21,157 14% (11,763) 14% 9,395 15% 4,758 -11% 14,152 6% (3,644) 2% 10,508 8% 14.1 17.7% 7.9% |
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3Q 2021 Brand Non-OP Items
| Non-OP Items Interest Income (net) Investment Income Askey Others Exchange Gain/(Loss) Dividend Income Other Income(net) Total Non-OP items |
2021 3Q 87 522 (180) 702 733 2,818 96 4,256 |
2021 2Q 140 (348) (884) 536 1,625 7 1,423 |
QoQ -38% 250% 80% 31% -55% 1281% 199% |
2020 3Q 26 368 (105) 473 1,355 |
YoY |
|---|---|---|---|---|---|
| 236% 42% -71% 48% -46% -1% -41% |
|||||
| 2,847 | |||||
| 162 4,758 |
|||||
| -11% |
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3Q 2021 Brand Balance Sheet
| in NT$Mn Cash & equivalents Accounts receivable Inventories Current Assets Long-term investments Fixed assets Total Assets Accounts payable Current Liabilities Total Liabilities Paid-in capital Stockholders' equity Avg. Days of Inventory Avg. Days of AR Avg. Days of AP Avg. CCC Days |
Sep 30, 2021 33,386 86,109 150,577 283,253 102,567 15,156 424,715 74,377 193,205 208,370 7,428 216,345 121 58 70 109 |
Jun 30, 2021 59,153 80,580 129,447 287,046 101,851 15,764 427,276 77,975 208,624 223,779 7,428 203,497 114 57 76 95 |
QoQ -44% 7% 16% -1% 1% -4% -1% -5% -7% -7% 6% |
Sep 30, 2020 YoY 71,281 -53% 77,726 11% 85,644 76% 244,572 16% 81,802 25% 17,586 -14% 360,977 18% 70,949 5% 164,028 18% 177,216 18% 7,428 183,762 18% 77 57 65 69 |
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3Q 2021 Product Mix
Phone 2%
3Q 2021
Phone 3%
3Q 2020
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3Q 2021 Region Mix
3Q 2021
3Q 2020
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Americas Americas
21% 24%
EURP EURP
32% 32%
ASIA ASIA
47% 44%
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4Q 2021 Business Outlook
-
PC QoQ +5%, YoY +20% ~ 30%
-
Component QoQ flattish, YoY +5%
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Key Business Objectives
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Focus on areas of
growth
Expand
addressable
market
Manage
market dynamics
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Golden Triangle of the ASUS Brand
Design Thinking
Market NPS Position CRM & Connected Service
Net Promoter Score
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Strong Revenue Growth in Q3 2021
(Revenue YoY)
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Strong and Consistent Revenue Growth
(NT$ Mn)
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ASUS Leadership in Motherboards
>40% share in global market
ASUS remains absolute lead in both Intel and AMD motherboard market
Dominates in Intel Alder Lake-S Z690 Motherboards
Launched with >60% market share
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ASUS AIoT Ecosystem
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Product
Capabilities
Domain AIoT
Expertise Solutions
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ASUS Healthcare Service Architecture
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Patient AI
APPs Model
Patients
xHIS LUMOS
Medical staff Researchers
Deep
Learning
Patient-Centric
Real World Data
AICS Knowledge
Graph
AI Real World
Model Evidence
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ASUS Smart Health Solutions
LUMOS The First Real-World Data Platform in Taiwan
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Structuring Medical Records for >20% Top Medical Centers in Taiwan
Few Months Idea to 5 mins Insight
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Researcher: Scientific Exploration Pharma & Bio-tech: Drug Development & Discovery FDA & NHI: Drug Monitoring & Management
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ASUS Smart Health Solutions
Patient-Centered healthcare, give doctor’s time back to patient
CSMU Hospital Vision
35% penetration rate
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Health tech
Pharma Insurance
company
ASUS Healthcare
Community
...
…
AI-powered Patient Service
…
Hospitals Clinics Devices
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Worldwide Recognition
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Worldwide Recognition
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Leadership on Multiple Fronts
Shipments YoY %
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- Commercial PCs YoY growth ~100%
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Expansion in Commercial PC Business
Q1-Q3 2021 YoY Growth of ASUS Commercial PC Shipments (excluding Chromebooks)
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(Outside China)
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Evolved Market and Value Creation
- Focus on areas of growth including Premium Consumer PCs, Gaming PCs, Creator PCs, and High-end Chromebooks
PC Market TAM
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ASUS Premium PCs Revenue Growth
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25 (Source: Market Research and Internal Data)
The Most Complete OLED Laptop Solutions
Thin & Light Laptops Creator Laptops
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Zenbook S
Extreme ProArt Studiobook Pro
Ultra slim
performance
Zenbook S Flip ProArt Studiobook
Zenbook
Slim
Zenbook Pro Duo
Zenbook Flip Advanced
performance
Zenbook Pro
Vivobook
Everyday
Vivobook Slate
Vivobook Pro
Performance
Vivobook Pro X
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ASUS Vivobook 13 Slate OLED
WOW THE WORLD Global Launch Event
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ASUS announced Vivobook 13 Slate OLED (T3300), the world’s first 13.3" OLED Windows detachable laptop that packs entertainment and productivity into a versatile fun-filled device, at the event on Nov 3[rd] .
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Hypergrowth in Gaming PC Business
Q1-Q3 2021 YoY Growth of ASUS Gaming PC Shipments
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Leader in Gaming Notebooks
Premium Gaming NB as % of total Gaming NB Shipments
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29 (Source: Market Research and Internal Data)
Accelerated Gaming Product Revenue
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40%
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20%
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= No.1 TECH LEADER
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ROG
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The Most Complete Creator Solutions
No 1. Creator Portfolio
Professional Creator Advanced Creator Laptops
Laptops
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Creator: From Product to Solution & Service
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Media & Creative Art & Architecture, Engineering Product Design &
Entertainment Design & Construction Manufacturing Data Science & AI
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ProArt as a Service
(Solution + CRM)
ProArt as a Solution
(Product + Ecosystem)
ProArt as a Product
(Hardware + Software)
ABSOLUTE PROMISED EXTREME VERSATILE
PRECISION STABILITY PERFORMANCE CONNECTIVITY
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ASUS Dial across Creator segments
3[rd] party apps support
Usage Scenarios
ASUS Dial intuitive Software interface
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Dial
on ProArt Studiobook
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Dial Pad
on Vivobook Pro
Adobe Photography
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Edit, organize, store and share photos Create photos, graphics and arts
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Adobe Video post-production
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Video and film editing Create motion graphics and visual effects
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Adobe Illustration
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Create vector arts and illustrations
General
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System settings and windows management
All apps
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Customized key bindings
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Adobe Photoshop : Pen Brush size
adjustment
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Adobe Premiere/After effect : Time line adjustment
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ASUS Creator Solutions Ramp up
YoY Revenue Growth of ASUS Creator Solutions
3X
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Q & A
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