Samsung SDI Co Ltd Q4 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Woo-Hyung Cho - HSBC - Analyst : (spoken in foreign language) So I have one question regarding your fourth quarter results you mentioned during the presentation that there were some one offs reflected in Q4, the size appears to be a bit large. Can you give us some details about the oneoff? And also what would the profitability be without the oneoff? Unidentified Corporate Representative (spoken in foreign language) Yeah. This is EBP UK of Business Support and I'll answer your question about one off expenses in Q4. The Q41 off expense includes some inventory asset valuation impairment and also some quality related provisioning. Even though it's difficult for us to go into the detail without the one off expense. The battery business will be recording a low single digit percentage profit and company level profit would also be likely above break even.

Question: Jay Kwon - JPMorgan Chase & Co. - Analyst : (spoken in foreign language) I have two questions. The first question is about first quarter and full year 2025 guidance. During the presentation, you gave us the market outlook and the company strategy direction. Can you give us a bit more detail about what you expect in terms of company performance? Second question last year, the downstream demand continued to be sluggish. You mentioned that you are expecting continued uncertainty downstream this year and we are seeing automotive OEMs as well as battery companies adjust their investment plans. Is also planning any changes to its Kpex plan this year? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 24, 2025 / 1:30AM, 006400.KS - Q4 2024 Samsung SDI Co Ltd Earnings Call

Question: Jay Kwon - JPMorgan Chase & Co. - Analyst : (spoken in foreign language)

Question: Won-Seok Chung - iM Securities Co., Ltd - Analyst : (spoken in foreign language) I have two questions. First of all, with the weak demand coming from power tools and micro mobility, it appears that the cylindrical battery business performance would also be negatively affected. I would like to hear some details about your strategy for the cylindrical business this year. Second question is about your electronic materials business. Can you give us a bit more detail for full year market outlook and your strategy for the electronic materials business byproduct. Unidentified Corporate Representative (spoken in foreign language) This is Han Zhou of the small battery business unit. I'll answer your first question with the delay in the recovery of the US housing market. And also European e bike related budget cuts. The demand for power tools and micro mobility has remained sluggish and customers are continuing their REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 24, 2025 / 1:30AM, 006400.KS - Q4 2024 Samsung SDI Co Ltd Earnings Call inventory adjustments. Therefore, the situation is not easy, but we will launch new high our batteries to expand sales and power tools and actively take on the battery backup unit. The BB market where demand is growing with the increase of data centers, we will also increase our presence in the recently growing E two wheeler market with differentiating products featuring longer life cycle life. For mid to long term growth. We plan to launch the new ultra high power products to supply to outdoor power equipment projects and hybrid EV projects. The 465 which starts mass production in Q1 will offer better quick charging and cycle life performance and will be used to win new EV projects to build new to long term growth momentum.

Question: Won-Seok Chung - iM Securities Co., Ltd - Analyst : (spoken in foreign language)