Advantech — Interim / Quarterly Report 2019

Sep 3, 2019

Y19 1H 營運成果報告

Jill Su, Senior Manager, Advantech Eric Chen, CFO & President of General Management, Advantech Aug, 2019

Safe Harbor Notice

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 This presentation contains forward-looking statements and is subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements.

 The projections should not be interpreted as legally binding commitments, but rather as flexible information subject to change occasionally.

Y19 1H Financial Results

NT$M			H1			H1 合併報表	H1 合併報表
		2018			2019
	Q1	Q2		Q1	Q2	H1
營業收入 成長率	11,355 13% 4,338 38.2% 2,696 6% 1,642 9% 99 21.5% 1,368 1.95	12,645 11%	24,000 12% 9,130 38.0% 5,547 7% 3,583 10% 186 21.4% 2,963 4.23	12,301 8% 4,724 38.4% 2,866 6% 1,858 13% 196 21.0% 1,623 2.31	13,976	26,278
					11%	9%
毛利 毛利率 營業費用 成長率 營業利益 成長率 業外收益 有效稅率 稅後純益 每股盈餘 EPS(NT$)		4,792 37.9% 2,851 8% 1,941 11% 87 21.4% 1,595 2.28			5,411	10,135
					38.7%	38.6%
					3,078	5,944
					8%	7%
					2,333	4,191
					20%	17%
					89	285
					21.1%	21.1%
					1,910	3,532
					2.71	5.02

1H19 Performance by Region

Local Sales: US 847.4M, +4.7%

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US$M Y18 1H Y19 1H GR% Rev. Portion
北美 217.4 249.2 +14.6% 29%
歐洲 152.2 154.8 +1.7% 18%
中國大陸 206.9 187.4 -9.4% 22%
北亞地區 51.8 88.3 +70.5% 11%
台灣 58.2 51.4 -11.7% 6%
亞洲與新興市場 57.3 70.8 +23.6% 9%
Others 65.6 45.5 -30.6% 5%
Total 809.3 847.4 +4.7% 100%
Others North Asia Asia & InterCon
Asia
5%
& Intercon AJP: 20.7M GR%: +6.8%
AAU/NZ: 6.8M GR%: +17.7%
9% North
Taiwan ATJ: 37.4M GR%:
America ASEAN: 17.4M GR%: +15.4%
6%
29% AKR : 30.2M GR%: -6.8%
India 8.0M GR%: +22.9%
North Asia Russia 7.9M GR%: +13.5%
11%
LATAM 7.1M GR%: -5.0%
ME&A 22.4M GR%: +44.5%
Europe ROW 1.3M GR%: +819.8%
China
18%
22%
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Y19 1H Performance By SBG

Y19 1H US$ mn	Y19 1H US$ mn	Revenues YoY	Gross Margin **Range **	Operating Profit OP Margin
工控物聯網事業群		272 -5%	45~50%	62 22.7%
嵌入式運算物聯網事業群		218 7%	33~38%	36 16.5%
設計製造 服務事業群	應用電腦	102 54%	25~30%	17 16.9%
	網通	86 16%	35~40%	14 16.0%
服務物聯網事業群		72 -1%	38~43%	6 8.7%
全球服務事業群		98 -8%	25~30%	14 14.4%
其他未分配費用				-13
合計		847 5%		136 16.0%

Y19 1H 營運資金狀況

合併報表

現金及約當現金部位 應收帳款餘額 應收帳款周轉天數 存貨金額 存貨周轉天數 應付帳款餘額 應付帳款周轉天數 新台幣 百萬元	2017 全年 8,300 7,866 63 6,242 80 5,281 69	2018 全年 8,676 8,351 61 7,558 84 5,811 67	2019	2019
			第1季末 9,586 8,683 63 8,179 95 5,756 70	第2季末
				11,346
				9,209 62
				8,446 91
				6,519 70

Go Together, We Go Far and Grow Big