Altek — Interim / Quarterly Report 2020

Sep 10, 2020

2020-09-10

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Safe Harbor Notice Safe Harbor Notice

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2020 1H Income Statement

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	Unit：NT/000	Unit：NT/000	Unit：NT/000	Unit：NT/000	Unit：NT/000	Unit：NT/000
Units: NT thousand	2020 YT06		2019 YT06		YoY
	Amount	%	Amount	%	Amount	%
Sales Revenue COGS	2,637,498 100 3,220,789 100 (583,291) -18% (1,971,636) (75) (2,708,106) (84) 736,470 -27%
Gross Profit	665,862 25 512,683 16 153,179 30%
Operating Expense Operating Profit Net Non-Operating Income Income before Tax	(621,711) (23) (570,824) (18) (50,887) 9% 44,151 2 (58,141) (2) 102,292 409% 77,740 3 83,341 3 (5,601) -7% 121,891 5 25,200 1 96,691 384%
Income after tax	74,934 3 6,895 0 68,039 987%
Attributed to the Parent Company	81,818 3 44,792 1 37,026 83%
Attributable to Non- Controlling Interests	(6,884) 0 (37,897) (1) 31,013
Basic Earning Per Share	0.31 0.16

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Revenue BD 2020 1H vs 2019 1H

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2020 1H 2019 1H
Camera Camera
10% 17%
ODM Auto ODM
OEM
OEM 14%
Auto
35%
34%
9%
Camera Camera
ISP
Auto Auto
9% ISP
ISP ISP
7%
Medical Medical
OEM OEM
Medical Medical
33% 32%
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OEM Rev BD 2020 1H vs 2019 1H

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2020 1H OEM BD 2019 1H OEM BD
Optic Element
15% Optic Element
10%
Camera
Camera
16%
13%
Lithum Battery Lithum Battery
Lithum Battery Camera Lithum Camera
Battery
72% Optic Element Optic Element
74%
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Gross Margin Trend 2012 ~ 2020 1H

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30%
25% 25%
20%
16%
15%
13% 12%
13% 14%
10%
10%
5% 7% 6%
0%
2012 2013 2014 2015 2016 2017 2018 2019 20201H
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Gross margin continues improving

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30.00%
26.00%
24.22%
25.00%
•
Medicals ↑
•
AI Camera ↑
•
AI Auto Cam ↑
20.00%
16.84%
17.56%
16.96%
14.49%
15.00%
12.79% 12.40%
12.15%
10.35%
10.00%
5.00%
0.00%
Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20
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R&D Expenditure

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2020 1H 2019 1H
3,500,000
Rev
3,000,000
Rev
2,500,000
2,000,000
1,500,000
EXP/Rev R&D % R&D %
1,000,000 23.3% Rev 16% EXP/Rev Rev 12%
17.7%
RD 69% RD 69%
500,000
0
2020 1H 2019 1H
Revenue Expense R&D
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5G + AIoT
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AIoT Applications

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AI Chip & ASIC ｜Mobile / Tablets / Laptop

Fleet Management｜AI Dash Cam

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Eyes of Robot ｜ Delivery Robots

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Smart Home & Security ｜ AI Camera

Work / School From Home｜4K AI Webcam

3D Sensing｜XR / AR / VR

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The Lowest Power AI Chip In The World
ALWAYS ON
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AI Dash Cam
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Fleet Management ｜Innovative business Models

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Product- •
User experience
Service •
Communication ( LTE )
•
Economy AI Enabled ( ADAS&DMS )
•
High Reliability
Product Service
• Drive Recorder Provider
Driver Sharing
•
Increase driving safety
Economy
•
Low renting fee 隨選經濟 出租經濟
共享經濟
•
Feedback premium 保費回饋
On-Demand Rental
Economy Economy
•
Reduce insured event ↓事故
•
Reduce loss occurred ↓出險
•
Reduce claim payment ↓賠款
Insurance
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AI Webcam
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4K AI Wide angle Webcam

4K 360 ° AI Webcam

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FHD AI Wide angle Webcam

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Leading global
LDC
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100% Distortion compensation in

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LDC 1.0 LDC 1.5

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DXOMARK NO.1

100%背景畸變補償&維持前景人臉不型變

2020/9/7

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3D Sensing

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The Eyes for Robot
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3D Sensing Applications

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Family Robotics

Delivery Robotics

XR/AR/VR

Gesture Recognition

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VSLAM

Path Planning

3D Face Recognition

Obstacle Avoidance

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Medical
Imaging
Solution
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COVID-19
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Sterile
single-use
problem
solved
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Altek ’s customer has just been selected as disposable the only

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more than 4000 hospitals in US with acute beds will have 120,000

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