ALi — Investor Presentation 2021

Mar 12, 2021

ALi Corporation (3041 TT) FY2020 Investor Conference

Mar. 12, 2021

Public

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FY2020 Consolidated Income Statement

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(Amounts in thousand New Taiwan Dollars
FY 2020 FY 2019 YoY
except Earnings Per Share)
Net sales 2,071,615 100% 2,011,515 100% 3.0%
Cost of goods sold (1,413,905) (1,261,870) 12.0%
Gross profits 657,710 32% 749,645 37% -12.3%
Operating expenses:
Selling expenses (94,086) (124,001) -24.1%
Administrative expenses (217,066) (246,305) -11.9%
Research and development expenses (714,317) (831,607) -14.1%
expected credit loss 12,407 4,121
Total operating expenses (1,013,062) (1,197,792) -15.4%
Operating income (355,352) -17% (448,147) -19% -20.7%
Non-operating income and gain
59,149 58,630 0.9%
(expense & loss)
Income before income tax (296,203) (389,517) -24.0%
Income tax (expense) benefit 55,246 71,700 -22.9%
Net income (240,957) (317,817) -24.2%
Earnings Per Share (in New Taiwan
(1.26) (1.68)
Dollars)
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Revenue Composition

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FY 2020
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7% 68% % Retail STB Others (Non-STB)

Pay-TV Operator STB

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FY 2019
7%
28%
65%
Pay-TV Operator STB Retail STB Others (Non-STB)
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Pay-TV Operator STB

FY2020 Consolidated Balance Sheet

(Amounts in thousand New Taiwan Dollars except Key Indices)

Selected Items from Balance Sheet Cash, cash equivalents and investments in marketable financial instruments Notes and accounts receivable Inventory (net) Other current assets Total current assets Long-term Investments Net PP&E Intangible assets Other assets Total assets	Dec 31, 2020	Dec 31, 2019
	1,429,555 194,234 334,546 172,503 2,130,838 106,293 588,316 174,697 804,129 3,804,273	1,885,507 215,151 204,225 143,933 2,448,816 69,101 589,198 123,791 755,874 3,986,780
Notes and accounts payable Other current liabilities Non-current liabilities Total liabilities	247,029 443,560 14,605 705,194	196,726 444,077 11,242 652,045
Total shareholders' equity	3,099,079	3,334,735
Key Indices A/R Turnover Days (net) Inventory Turnover Days (net)	36 70	40 72

Thank You

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Public

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