PANJIT — Interim / Quarterly Report 2025

Sep 10, 2025

==> picture [158 x 65] intentionally omitted <==

PANJIT International Inc

==> picture [960 x 312] intentionally omitted <==

Sep. 2025

• About PANJIT

• 2025 Q2 Financial result

• ◼ Automotive

2

PANJIT International Inc.

2024 Revenue: NTD$ 12.5 Billion (2481.TW)

Product: : IC, MOSFET, SiC, IGBT, Diodes, TVS, Zener, Bridge, Transistor, ESD Protection

Application: Automotive, Medical, Green Energy, High Performance Computing, Consumer, IoT

MILDEX Optical Inc.

2024 Revenue: NTD$ 990 Million (4729.TW) Product: Touch Panel, Display Application: Automotive, IPC, Military

ALLTOP Technology Co., Ltd.

2024 Revenue: NTD$ 3.2 Billion (3526.TW) Product: Connector, F cable, USB-Type C 3.1 Application: Automotive, Medical, Communication, Consumer

Group

Champion Microelectronic Corp.

2024 Revenue: NTD$ 816 Million (3257.TW)

Product: Power Management IC Application: Gaming PC/Adapter, Industrial PC, 5G Power

PANSTAR Semiconductor Co., Ltd

Product: ESD, MOSFET

Application: NB, PC, Automotive, Power Supply, Motor Driver

MetaWells Co., Ltd.

Product: Motor MCU, Power Management IC, Signal Chain IC

Application: AI/General computing, Motor Fan, Industrial PC, Consumer, Power Supply

2025 Q2 Consolidated Income Statement

Unit: M' NTD Revenue Gross Profit Gross Margin Sales Exp. Admin. Exp. R&D Exp. Operating Expenses Operating Profit Operating Margin Other Operating income and expense Income tax expense Net Profit Net Profit Margin EPS	2025 Q2 3,400.1 1,042.4 30.7% 181.6 286.6 238.7 700.1 342.3 10.1% 29.2 66.9 304.6 9.0% 0.66	2025 Q1 3,071.7 931.5 30.3% 176.0 275.8 246.5 700.7 230.8 7.5% 153.8 72.1 312.5 10.2% 0.72	QoQ 10.7% 11.9% 0.4 ppts 3.2% 3.9% -3.2% -0.1% 48.3% 2.6 ppts -81.0% -7.3% -2.5% -1.2 ppts -8.3%	2024 Q2 3,280.5 909.1 27.7% 181.1 274.6 206.5 657.4 251.8 7.7% 129.4 46.7 334.5 10.2% 0.74	YoY
					3.6% 14.7% 3.0 ppts 0.3% 4.4% 15.6% 6.5% 35.9% 2.4 ppts -77.4% 43.3% -9.0% -1.2 ppts -10.8%

4

Income Statement Key Indices

Revenue (Unit: M’ NTD)

==> picture [342 x 174] intentionally omitted <==

----- Start of picture text -----

3,400.1
3,280.5
3,071.7
3,000
2,000
2Q24 1Q25 2Q25
Revenue
----- End of picture text -----

Operating Profit Margin

==> picture [342 x 175] intentionally omitted <==

----- Start of picture text -----

15%
10.1%
10% 7.7% 7.5%
5%
0%
2Q24 1Q25 2Q25
Operating Profit Margin
----- End of picture text -----

Gross Margin

==> picture [359 x 412] intentionally omitted <==

----- Start of picture text -----

40%
30.3% 30.7%
27.7%
30%
20%
10%
0%
2Q24 1Q25 2Q25
Gross Margin
Net Profit Margin
15%
10.2% 10.2%
9.0%
10%
5%
0%
2Q24 1Q25 2Q25
Net Profit Margin
----- End of picture text -----

5

Balance Sheet & Key Indices

Selected items from Balances Sheets

Unit: M' NTD Cash and Cash equivalents Accounts Receivable Inventories Investments Accounted for Using Equity Method Net PP&E Total Assets Current Liabilities Non-Current Liabilities Total Liabilities Total Equity Key Indices A/R Turnover Days Inventory Turnover Days Cash from operating activities	2025 Q2 Amount ％ 2,178 7.8% 4,030 14.5% 2,538 9.1% 1,996 7.2% 6,881 24.8% 27,795 100.0% 7,914 28.5% 5,467 19.7% 13,381 48.1% 14,415 51.9% 106 100 1,004	2025 Q1 Amount ％ 2,298 7.8% 4,358 14.7% 2,713 9.2% 2,088 7.0% 7,215 24.4% 29,621 100.0% 8,293 28.0% 5,894 19.9% 14,188 47.9% 15,434 52.1% 115 114 (183)	2024 Q2
			Amount ％ 2,565 8.7% 4,560 15.5% 2,782 9.5% 2,040 6.9% 7,584 25.8% 29,364 100.0% 7,854 26.7% 6,569 22.4% 14,423 49.1% 14,940 50.9% 117 108 (127)

6

Balance Sheet Key Indices

Cash from operating activities

(Unit: M’ NTD)

==> picture [336 x 133] intentionally omitted <==

----- Start of picture text -----

1,004
800
(127) (183)
(200)
2Q24 1Q25 2Q25
Cash from operating activities
----- End of picture text -----

A/R Turnover Days

==> picture [342 x 171] intentionally omitted <==

----- Start of picture text -----

130
117
120
115
110 106
100
2Q24 1Q25 2Q25
A/R Turnover Days
----- End of picture text -----

Inventories by Total Assets

==> picture [342 x 171] intentionally omitted <==

----- Start of picture text -----

15%
9.5%
9.2% 9.1%
10%
5%
2Q24 1Q25 2Q25
Inventories by Total Assets
----- End of picture text -----

Inventory Turnover Days

==> picture [342 x 171] intentionally omitted <==

----- Start of picture text -----

120
114
108
110
100
100
90
2Q24 1Q25 2Q25
Inventory Turnover Days
----- End of picture text -----

7

2025 1H FY Financial Result

Unit: M' NTD Revenue Gross Profit Gross Margin Sales Exp. Admin. Exp. R&D Exp. Operating Expenses Operating Profit Operating Margin Other Operating income and expense Income tax expense Net Profit Net Profit Margin EPS	1H25 6,471.8 1,973.9 30.5% 357.6 562.4 485.2 1,400.8 573.1 8.9% 182.9 139.0 617.0 9.5% 1.38	1H24 6,189.7 1,685.3 27.2% 344.9 505.9 443.8 1,293.0 392.4 6.3% 263.7 95.2 560.8 9.1% 1.21	YoY
			4.6% 17.1% 3.3 ppts 3.7% 11.2% 9.3% 8.3% 46.0% 2.6 ppts -30.6% 46.0% 10.0% 0.4 ppts 14.0%

8

PANJIT Global Footprint at a Glance

==> picture [900 x 442] intentionally omitted <==

----- Start of picture text -----

JP
US 1%
China
3%
Shandong
China
Germany China
Xuzhou
Munich
China South Korea SEA 53%
Wuxi / Suzhou Yongin 8%
U.S.A
China 6.5B NTD
Japan San Jose
Shenzhen/ Hong Kong Korea
Tokyo New 1H 25
U.S.A
Japan 9% Revenue
India Phoenix
New Delhi New Taiwan Kyoto New
Bangalore Taipei EMEA
Pune Taiwan
Hyderabad New Hsinchu 10% TW
Taiwan
Taiwan 16%
Headquarters
Kaohsiung PYNMAX
Kaohsiung
Philippines
New Cabuyao New
Singapore
Headquarters Regional R&D Sites Front-End Back-End
Headquarters
9
----- End of picture text -----

==> picture [12 x 84] intentionally omitted <==

Market Segment

==> picture [385 x 473] intentionally omitted <==

----- Start of picture text -----

BJT 3% SiC 1% By Product
ESD 4% 1H’ 2025
Switching
6%
Zener 6%
MOSFET
33%
TVS 9%
Rectifier Schottky
25%
13%
By Market Segment
Communication 3%
Power Supply 12% 1H’ 2025
Automotive 33%
Computing
15%
Industrial & Green
Consumer 20%
Energy 17%
----- End of picture text -----

==> picture [546 x 540] intentionally omitted <==

----- Start of picture text -----

Application Field
Automotive Industrial &
Lighting, Infotainment, Green Energy
Pump, Body & Comfort, PV Inverter, Server fan,
On Board Charger
EV charger, Motor, DC fan,
Robot, Medical
Computing Power Supply
Notebook, Motherboard, PD Charger, Power
SSD, Server, Data center adapter, UPS
DC-DC Brick module,
ATX/Server Power
Consumer Communication
TV, White/Black goods, POE, Mobile, Base station
Game console, Printer,
Smart watch, PC camera
10
----- End of picture text -----

Revenue by Product

==> picture [960 x 370] intentionally omitted <==

----- Start of picture text -----

By Product By Product
1H 2025 1H 2024
BJT SiC BJT SiC
ESD ESD
3% 1% 3% 1%
4% 4%
Switching Switching
6% 6%
Zener Zener
Schottky
6% 6%
MOSFET 30%
33%
TVS
TVS
7%
9%
Rectifier
Rectifier 14%
MOSFET
13% Schottky
25% 29%
----- End of picture text -----

11

Revenue by Market Segment

==> picture [958 x 348] intentionally omitted <==

----- Start of picture text -----

By Market Segment
By Market Segment
1H 2024
1H 2025
Communication Communication
Power Supply
Power Supply 3% 2%
12%
12%
Automotive
28%
Automotive
33%
Computing
Computing
15%
15%
Industrial & Industrial & Consumer
Green Energy Consumer Green Energy 22%
17%
20% 21%
----- End of picture text -----

12

==> picture [158 x 64] intentionally omitted <==

==> picture [333 x 112] intentionally omitted <==

----- Start of picture text -----

Automotive
----- End of picture text -----

13

Automotive Business Y2025 1H

==> picture [558 x 438] intentionally omitted <==

----- Start of picture text -----

AEC-Q101 parts business trend
1H 25
YoY
+22 %
2017 Y 2018 Y 2019 Y 2020 Y 2021 Y 2022 Y 2023 Y 2024 Y 2025 Y' H1
----- End of picture text -----

==> picture [147 x 90] intentionally omitted <==

==> picture [102 x 44] intentionally omitted <==

----- Start of picture text -----

Product Offering
2K+ Parts
----- End of picture text -----

==> picture [144 x 84] intentionally omitted <==

==> picture [86 x 60] intentionally omitted <==

----- Start of picture text -----

Shipment
4.73B
Pcs. in 2024
----- End of picture text -----

==> picture [138 x 84] intentionally omitted <==

==> picture [107 x 44] intentionally omitted <==

----- Start of picture text -----

Worldwide
20+ Countries
----- End of picture text -----

==> picture [84 x 84] intentionally omitted <==

==> picture [100 x 70] intentionally omitted <==

----- Start of picture text -----

Serving over
300+
customers across
the globe
----- End of picture text -----

==> picture [50 x 71] intentionally omitted <==

14

==> picture [153 x 66] intentionally omitted <==

==> picture [302 x 60] intentionally omitted <==

YOUR COMPONENT OUR PROFESSION

==> picture [302 x 61] intentionally omitted <==