ACCTON — Investor Presentation 2018

Sep 18, 2018

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智邦科技 2018 法人說明會 Accton 2018 Investor Conference

2018.09.19

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Safe Harbor Statement

The information contained in this confidential document (“Presentation”) has been prepared by Accton Technology Corporation (“ACCTON”) and may not be disclosed without the prior permission of ACCTON. This Presentation on ACCTON's strategy and possible future developments, products and or solutions are all subject to change and may be changed by ACCTON at any time without notice. The information is provided without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or noninfringement. ACCTON assumes no responsibility for errors or omissions, except if such damages were caused by ACCTON intentionally or grossly negligent.

This Presentation should not be considered as the giving of investment advice by Accton or any of its shareholders, directors, officers, agents, employees or advisers. This Presentation includes certain statements that may be deemed “forward-looking statements”. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Prospective Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements.

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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Agenda

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• Company Brief ....... Edward Lin, Spokesman

• Solution Highlights ... CC Lee, President

• Finance Results ........ Rebecca Lin, CFO

• Q & A

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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智邦科技 (Accton)

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公司總部(Headquarter)

台灣新竹市科學工業園區

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首次公開發行(IPO) 1995 年於台灣證券交易所掛牌 上市(股票代碼: 2345)

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遍佈全球(Global presence) 智邦集團約4,300 名員工

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設計研發(R&D centers) 研發中心據點: 台灣、中國、歐洲、美國

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慶祝智邦科技 三十週年

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夥伴文化 (Partnership culture) 廣納優秀工作夥伴及各方客戶夥伴們的 才智，藉由互動互助的夥伴關係，發揮 最大的力量。

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經營績效(Operational result)

• 實收資本額：新台幣55.67 億元

• • 2017年合併營收:

• 新台幣364.47億元 (年增率 24.1%)

• • 2018年1~8月營收: 新台幣262.37億元(年增率13.7%)

生產製造(Manufacturing)

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中國深圳:

• 20 條SMT

• 台灣新竹(TAA-compliant): • 3 條高速SMT

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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解決方案 Solution Highlights

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

開放 IT 基礎架構解決方案 Open IT Infrastructure Solution Provider

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城域接取 / 電信網路 企業 / 區域網路 雲端數據中心
雲端運算應用設備
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Copyright © 2018 Accton Technology Corporate. All rights reserved.

城域接入 / 電信網路解決方案 Carrier Access Solution

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目標

• 提供市場最先進的解決方案和革新的城域接入開放平台

解決方案

• 符合網路設備建構系統 (NEBS) 的電信級開放式服務平台設計

• 時間同步 (Time Sync) 行動 /IP 回流

• 符合 CORD 應用架構的 XGS-PON/NG-PON2 vOLT 硬體開放平台

• x86 或 ARM-based CPU 設計的通用型用戶終端 uCPE 解決方案， 供網路營運商 ISP 在 SDN/NFV CORD 應用架構下提供虛擬網路應用程式 VNFs 服務

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

企業 / 區域網路解決方案 Campus Wired & Wireless Solution

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目標

• 專為企業設計的行動方案，優化並支援多種網路傳輸規格

• 建立 Multi-Gigabit 高速及高密度的企業網路

• 滿足各種企業 / 區域 aggregation 網路需求

解決方案

• 提供多種端口和高頻寬堆疊選擇 , 滿足有線 / 無線整合應用的 L2/L3 GE, NBASE-T to 10G 交換器

• 室內 / 室外型企業 802.11ac, 802.11ax 高容量 Wi-Fi 無線基地台

• 支援雲端 (cloud-based) 或控制器 (controller-based) 管理解決方案

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

雲端數據中心解決方案 Cloud Data Center Networking Solution

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目標

• 高速、高密度、符合開放運算計畫 (OCP) 標準平台，並支援模組化軟硬體 設計的 SDN 開放應用

• 伺服器與交換器組合成的整合平台

解決方案

• 數據中心互聯 (Data center interconnection) 基於長距同調光學技術

• 提供節能 (EEE) 設計、提供多樣晶片 (ASIC) 及 CPU 選項的 10G/40G/25G/100G 1U 置頂式 (TOR)/ 階層式 (Spine) 交換器

• 開發 400G 乙太網路技術

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

雲端運算應用設備解決方案

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Cloud Computing Appliance

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目標

• 高密度運算伺服器、超融合儲存平台 (storage platform)

• 多種 SDN 實體和虛擬整合的乙太網路介面

解決方案

• 採用最新的 Purley Skylake CPU 支援 NVMe Volume Management Device (VMD)

• 為高速 NVMe 和 SATA SSDs 儲備充足的接入介面和頻寬

• 整合 Switch 資料交換能力與 Server 運算能力，提供 5G 邊緣運算

• (Edge computing) 與資料中心虛擬化相關解決方案

• 具備集中控管，可程式化服務與自動布署的能力，提供企業跨線頻寬管理 自動化 SD-WAN 解決方案

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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財務成果 Financial Results

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

2018年第2季財務報告 季度合併損益比較(IFRS)

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單位: 新台幣百萬元

單位: 新台幣百萬元
項目	2018Q2	2018Q1	變動比例
銷貨收入淨額	9,700	9,104	6.5%
銷貨毛利率	18.7%	17.6%	6.3%
營業費用	(1,082)	(937)	15.5%
營業淨利率	7.5%	7.3%	2.7%
營業外收入及支出	255	(82)	411.0%
歸屬予母公司業主之本期淨利	797	522	52.7%
純益率	8.2%	5.7%	43.3%
每股盈餘(新台幣)	1.44	0.94	53.2%

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

2018年第2季財務報告

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季度合併資產負債比較(IFRS)

單位: 新台幣百萬元

項目 2018年06月30日 金額 %	2018年03月31日 金額 %	變動比例
現金及約當現金 4,568 22%	5,645 28%	-19%
應收票據及帳款 6,149 30%	4,408 22%	39%
存貨 7,267 35%	6,866 34%	6%
不動產、廠房及設備 842 4%	847 4%	-1%
其他資產 1,917 9%	2,420 12%	-21%
資產總計 20,743 100%	20,186 100%	3%
流動負債 11,945 58%	9,894 49%	21%
負債總計 11,976 58%	9,924 49%	21%
股本 5,567 27%	5,563 28%	0%
股東權益總計 8,767 42%	10,262 51%	-15%
負債及股東權益總計 20,743 100%	20,186 100%	3%

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

2018年第2季財務報告 年度合併損益比較(IFRS)

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單位:新台幣百萬元

單位:新台幣百萬元
項目	2018 1H	2017 1H	變動比例
銷貨收入淨額	18,803	17,387	8.1%
銷貨毛利率	18.2%	20.2%	-9.9%
營業費用	(2,019)	(1,891)	6.8%
營業淨利率	7.4%	9.3%	-20.4%
營業外收入及支出	174	87	100.0%
歸屬予母公司業主之本期淨利	1,319	1,284	2.7%
純益率	7.0%	7.4%	-5.0%
每股盈餘(新台幣)	2.38	2.36	0.8%

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

2018年第2季財務報告

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年度合併資產負債比較(IFRS)

單位: 新台幣百萬元

項目 2018年06月30日 2017年06月30日 變動比例 金額 % 金額 %	項目 2018年06月30日 2017年06月30日 變動比例 金額 % 金額 %	項目 2018年06月30日 2017年06月30日 變動比例 金額 % 金額 %
現金及約當現金 4,568 22%	5,123 29%	-11%
應收票據及帳款 6,149 30%	4,488 25%	37%
存貨 7,267 35%	4,962 28%	46%
不動產、廠房及設備 842 4%	878 5%	-4%
其他資產 1,917 9%	2,358 13%	-19%
資產總計 20,743 100%	17,809 100%	16%
流動負債 11,945 58%	9,532 54%	25%
負債總計 11,976 58%	9,557 54%	25%
股本 5,567 27%	5,470 31%	2%
股東權益總計 8,767 42%	8,252 46%	6%
負債及股東權益總計 20,743 100%	17,809 100%	16%

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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Q & A

Communication Links through a Variety of Platforms

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Copyright © 2018 Accton Technology Corporate. All rights reserved.

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~ 感謝

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