SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION — Interim / Quarterly Report 2023

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2023年第㇐季營運成果 聯強國際股份有限公司

民國 112 年 5 月

免責聲明

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本簡報係由聯強國際股份有限公司(以下簡稱本公司)提供，本簡報可能包含前瞻性陳 述，當中涉及風險與不明朗因素包括陳述本身的不確定性、風險、假設或其他因素如： 經營上的改變、競爭環境、經濟情勢、法規變化、科技發展與超出本公司管控等因素， 皆可能導致本公司實際營運結果與上開前瞻性陳述有很大的差異。本公司不承擔因情 勢變更而即時更新或修正相關內容之義務。

本簡報的內容、陳述或主張非為買賣或提供買賣任何有價證券或金融商品的邀約，邀 約之引誘或建議。本公司已盡合理之注意，使本簡報於公開時無任何不真實或誤導。 本公司及其各關係企業代表人或董事，均不對此使用或因他人引用本份簡報資料、或 其它因簡報資料導致的任何損害負擔任何責任。

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SYNNEX Confidential

A USD $26B Hi-Tech Supply Chain Management Service Provider

Redington : India, Srilanka, Bangladesh, Middle East, Africa, Turkey, CIS

SYNNEX Confidential

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供應鏈服務商與平台

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Sales/PM Service

• Mgmt. Service Platform

• Solution Sell

• Channel & Market Development

Logistics Service

Finance Service

• Warranty Service

• XaaS / Subscription

• Home/On-site Service

• Credit / Payment

• Warehouse Mgmt. Service

• Leasing / Installment

• Delivery Service

• Project Financing

Professional Service

• Consulting Service

• Technical & Installation Service

• Management Service

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SYNNEX Confidential

Y23Q1 營運績效

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SYNNEX Confidential

單位 : 新台幣十億元

季營收趨勢

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: Historical High : Record High in Same Period

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SYNNEX Confidential

單位 : 新台幣十億元

產品別營收分佈

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SYNNEX Confidential

x% Y23Q1 營收占比

單位 : 新台幣十億元

產品別季營收趨勢

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30% 30%
4% 36%
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: Record High in Same Period

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: Historical High

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SYNNEX Confidential

x% Y23Q1 營收占比

區域別季營收趨勢

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SYNNEX Confidential

單位 : 新台幣百萬元

合併損益表– Y23Q1

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Y23Q1 YOY Y22Q1
Revenue $ 88,600 -12% $ 100,865
Gross profit 4,277 0% 4,283
Gross profit% 4.83% 4.25%
Operating expenses (2,211) 11% (1,988)
Operating expenses% 2.50% 1.97%
Operating income 2,065 -10% 2,295
Operating income% 2.33% 2.28%
Others income/expense 330 948
JV Business Income * 350 -48% 671
Others (20) 278
Pre-tax income & minority interest 2,396 -26% 3,243
Pre-tax income% 2.70% 3.22%
Income tax (560) (545)
Minority interest (income) loss (105) (153)
Net income $ 1,731 -32% $ 2,545
Net income% 1.95% 2.52%
EPS (NT$) $ 1.04 $ 1.53
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• JV Business in Redington India, Synnex Thailand and Synnex FPT which were accounted under equity method.

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: Record Low in Same Period : Second High in Same Period

: Historical High

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: Record High in Same Period

SYNNEX Confidential

單位 : 新台幣十億元

營運資金指標

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120.0 WC AR Inventories AP(net) Netdays AR days INV days AP days 120
100.0 100
80.0 80
60.0 60
40.0 40
20.0 20
0.0 0
Y20Q4 Y21Q1 Y21Q2 Y21Q3 Y21Q4 Y22Q1 Y22Q2 Y22Q3 Y22Q4 Y23Q1
Y20Q4 Y21Q1 Y21Q2 Y21Q3 Y21Q4 Y22Q1 Y22Q2 Y22Q3 Y22Q4 Y23Q1
WC 66.2 60.0 62.2 66.7 88.0 88.3 99.8 101.9 110.9 90.8
AR 64.4 59.2 64.9 68.2 85.5 73.4 76.1 75.1 79.2 70.6
Inventories 30.9 29.7 32.9 37.4 47.7 51.3 56.5 64.0 57.3 45.6
AP(net) 29.1 28.9 35.6 38.9 45.2 36.4 32.8 37.1 25.5 25.4
Netdays 53 67 60 61 55 81 85 87 90 104
AR days 58 66 59 59 55 70 64 64 65 76
INV days 27 33 30 32 31 46 50 52 51 56
AP days 31 32 29 30 32 35 29 29 26 28
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SYNNEX Confidential

單位 : 新台幣十億元

庫存水位

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SYNNEX Confidential

單位 : 新台幣十億元

財務結構指標

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|||||
|---|---|---|---|
|Y23Q1|Y22Q4|Y22Q1|
|Debt Ratio|66%|66%|68%|
|Net Int. bearing Debt / Equity|85%|106%|86%|
|Net Worth Per Share (NT$)|40.4|43.5|36.3|

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SYNNEX Confidential

歷史績效

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EPS:

• 3yr average $8.23

• • 5yr average $6.55
• • 10yr average $4.78
• • 15yr average $4.42

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Unit : NT$bn / %

獲利能力

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OPI/GP Ratio

• 3yr average 51%

• - 10yr average 41% Y23Q1 : 48%

Gross Margin

• 3yr average 4.34%

• • 10yr average 3.86% Y23Q1 : 4.83%

Operating Expense

• 3yr average 2.14%

• • 10yr average 2.25% Y23Q1 : 2.50%

Operating Income

• 3yr average 2.20%

• • 10yr average 1.61% Y23Q1 : 2.33%

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SYNNEX Confidential

Unit : NT$bn / NT$

股東價值

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Net Income & ROE

Net Income:

• 5yr CAGR 24%

• 15yr CAGR 12%

ROE : 15yr average 15% Y23Q1 10%

Book Value

• 15yr CAGR 7%

• Y22: NT$72.6B

• & NT$43.5 /share

• Y23Q1: NT$67.4B

• & NT$40.3 /share

Dividend & Payout ratio

• Y22 NT$3.5, Payout 37%

• 15yr average: NT$ 2.63

• 15yr average Payout 63%

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永續績效

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Sustainalytics
ESG Risk
<20 ： Low Risk
13.0
12.5
12.4
11.5
11.4
Source: ESG IR platform
Dec-19 Sep-20 Apr-21 Feb-22 Mar-23
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Sustainable SYNNEX Cherish the Earth

http://www.synnex-grp.com/en/esg-report

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SYNNEX Confidential

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Group website http://www.synnex-grp.com/en ESG http://www.synnex-grp.com/en/esg-report

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附件

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SYNNEX Confidential

單位 : 新台幣十億元

月營收趨勢

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Y23Q1 : NT$88.6bn / YoY -12%

$50.0 $46.0 $42.0 $38.0 $34.0 $30.0 $26.0 $22.0 $18.0

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Y23Q1 營運績效速覽

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Revenue Gross Margin Operating Income
-12% +0% -10%
Y23Q1 NT$88.6B NT$4.3B / 4.83% NT$2.1B / 2.33%
JV Income Profit before Tax EPS
-25%
-48% -26% -32%
(Ex. CNCX
Investment Income)
NT$350M NT$2.4B / 2.70% PAT NT$1.7B / NT$1.04
ROE WC Days Free Cash Flow
10% 104 days +NT$20.0B
15yr avg. 15% Y22Q1 81 days / +23 days
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單位 : 新台幣十億元

合併資產負債表

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Item / Year Y23Q1 Y22Q4 Y22Q1
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