SYNNEX (聯強國際股份有限公司) - Q3 2024 Operating Results
Company Overview
SYNNEX (聯強國際股份有限公司) is a leading technology company that provides a range of services and products to its customers. The company has a strong presence in various regions, including India, Taiwan, METACIS, China, Southeast Asia, and Australia & New Zealand.
Financial Highlights
The company's financial performance for Q3 2024 is as follows:
- Revenue: NT$108.8 billion, up 11% year-over-year (YoY)
- Gross profit: NT$4.7 billion, up 4.33% YoY
- Operating income: NT$2.6 billion, up 2.35% YoY
- Net income: NT$2.3 billion, up 2.07% YoY
- Earnings per share (EPS): NT$1.35
Business Segments
The company's business segments include:
- Enterprise Solution: 29% of total revenue, with estimated revenue of NT$1,862 billion and 7% YoY growth
- Device & Consumer: 32% of total revenue, with estimated revenue of NT$1,995 billion and 4% YoY growth
- Mobile Device: 19% of total revenue, with estimated revenue of NT$1,225 billion and 12% YoY growth
- Semicon & IC Module: 20% of total revenue, with estimated revenue of NT$1,249 billion and 21% YoY growth
Regional Performance
The company's regional performance is as follows:
- India/SA: 21% of revenue, with 13% YoY growth
- Taiwan: 24% of revenue, with 15% YoY growth
- METACIS: 22% of revenue, with -1% YoY growth
- China: 14% of revenue, with 1% YoY growth
- Southeast Asia: 12% of revenue, with 12% YoY growth
- Australia & New Zealand: 7% of revenue, with 3% YoY growth
Products and Services
The company offers a range of products and services, including:
- Sales and marketing services
- Logistics and distribution services
- Financial services
- Professional services
Sustainability Initiatives
The company has implemented various sustainability initiatives, including:
- Establishment of a Sustainability Committee
- Publication of a Sustainability Report
- Implementation of a Greenhouse Gas Inventory Plan
- Achievement of ISO 14001 and ISO 14064 certifications
- Reduction of carbon emissions by 12% over two years
ESG Performance
The company's ESG performance is as follows:
- Sustainalytics ESG Risk score: 10.7, indicating low risk
- Carbon reduction achievements: 12% reduction over two years
- Gender equality: 43% of female managers, higher than the industry average
- Interest-free loans for employees: over NT$400 million in loans provided
- Service innovation: Synnex APP with over 6,363 external service users
Outlook and Strategy
The company's outlook and strategy are focused on continuing to drive growth and innovation, while also prioritizing sustainability and social responsibility. However, no explicit future outlook or guidance statements are provided in the presentation beyond current year-to-date performance and historical trends.