Pc Partner Group Limited · SGX:PCT
Pc Partner — H1 2023 Earnings Presentation
12 slides from Pc Partner's earnings presentation, June 2023
Slide 1: June 2023 Interim Results Presentation
June 2023 Interim Results Presentation Presented by: Gary Lau (CFO)
Slide 2: Disclaimer
Disclaimer These materials and the subsequent discussion are not an offer for sale of any securities of PC Partner Group Limited (the “Company”). The distribution of these materials in certain jurisdictions may be restricted by law and therefore persons into whose possession these come should inform
Slide 3: 1H2023 Financial Summary
1H2023 Financial Summary HK$'000 1H2023 1H2022 2H2022 2022 2021 2020 2019 2018 Revenue 4,175,441 6,607,825 4,167,483 10,775,308 15,459,055 7,761,758 7,556,477 9,122,319 Gross Profit 323,752 1,365,816 197,146 1,562,962 4,287,162 795,355 516,314 957,445 Gross Profit Margin 7.8% 20.7% 4.7% 14.5% 27.7%
Slide 4: 1st Half 2023 Business Performance
1st Half 2023 Business Performance • Sales was flat against 2nd of last year HKD’m Sales Performance by Half Year • Brand business has recorded an increase of 12% & OEM business has recorded a decrease of 15% against 2nd of last year • Business was slow on both brand & OEM segments • Brand VGA cards
Slide 5: Gross & Net Profit Margin
Gross & Net Profit Margin % • Incurred a substantial loss to clear high end 30 Series VGA cards in 2nd half of 2022 • No substantial loss on clearing mid range 30 Series VGA cards in 1st half of 2023 5
Slide 6: Average Selling Price (ASP) of Brand/OEM VGA Cards
Average Selling Price (ASP) of Brand/OEM VGA Cards USD 6
Slide 7: Sales Quantity of VGA Cards
Sales Quantity of VGA Cards M’Pcs 7
Slide 8: Working Capital Indicators
Working Capital Indicators Days 8
Slide 9: Net Cash/(Debt) to Equity Ratio
Net Cash/(Debt) to Equity Ratio % 9
Slide 10: 2nd Half 2023 Business Outlook
2nd Half 2023 Business Outlook • VGA cards market seems to be picking up for holiday season in Q4 • Channel customers are already planning for sales and promotion, and being more willing to stock up inventories for upcoming holidays • Sales volume of Brand VGA cards seems to have a good rebound but
Slide 11: New Business
New Business • Launch Rackmount GPU Server – 4Us and 2U in October 2023 • For various applications: 3D Rendering, Cloud Gaming, Scientific Computing & simulation, Machine Learning, etc. • Can fit for different types of GPU cards • First target on small/medium startup companies with above application
Slide 12: Q&A Thank You
YOUR TECHNOLOGY PARTNER oe PCPartner