CHROMA - Interim / Quarterly Report 2015

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致茂電子股份有限公司

2015 年第 2 季公司概況財務長應正董事長兼總經理黃欽明 2015 年 7 月 31 日

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Disclaimer

This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “plan”, “forecast”, “project”, “predict”, “potential”, “continue”, “may”, “should”, “will”, and “would” or similar words. You should consider these forward-looking statements carefully because such statements are only our expectations or projections about future events, and actual results may differ materially from those expressed or implied by such statements. The forward-looking statements in this presentation include, but are not limited to, growth rates for various markets estimated by third party sources, future products and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. You should be cautioned that the forwardlooking statements are no guarantee of our future performance. The forward-looking statements contained in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law. This presentation and the information contained herein are the property of Chroma Ate Inc.

議程

• 公司簡介 • 財務數據 • 營運概況 • 問與答

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公司簡介

致茂電子成立於 1984 ，為自有品牌之自動化檢測解

決方案供應商。商品包含提供產業相關之測試儀器

設備及整合自動化測試系統。

經營宗旨：精密、可靠、創新。
致茂集團包含致茂主體，威光自動化及日茂新材料

三個事業體。

2014 年合併營收為 103 億新台幣。
2014 年淨利為 13 億新台幣。
致茂集團截至 2015 年 6 月底員工總數為 2,286 人。

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致茂主體合併營收
日茂新材料合併營收威光自動化合併營收
其他
14,886
14,148
11%
8%
11,644
5% 10,307
10,171
7%
47% 48%
15%
48% 29%
34%
40% 41% 44% 47% 60%
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2010 2011

2012

2013

2014

財務表現

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集團合併總營收集團合併總營收研發費用
營業毛利
營業毛利率
研發費用佔營收比
致茂主體
14,886
5,640 55%
54% 54%
14,148
5,338
55% 5,135
52%
11,644 37% 39%
4,174
3,926
10,307
10,171
29% 29%
28%
16%
15% 15%
12%
11%
755
603 630 637 631
致茂母公司員工數： 1,352  ( 研發人員比重 39%)
2010 2011 2012 2013 2014 2010 2011 2012 2013 2014
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財務表現

股東權益報酬率

股利政策

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每股盈餘現金股利
股票股利
5.05
配發比率
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25%
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4.06
19% 3.80
3.51
3.21
15%
14%
2.52 2.60
2.50 2.50
12%
2.00
0.40
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2010 2011 2012 2013 2014
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2010 2011 2012 2013 2014
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致茂電子全球據點

Global Employees ： 2,286  , Branch Offices x16, Distributors x65, Subsidiaries x6

Europe : Netherlands

US : Hong Kong : Neworld Irvine / Foothill Ranch, CA Tempe, AZ Japan: Shin Yokohama

China : Shenzhen / Dongguan / Xiamen / Suzhou

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財務數據

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2015年上半年合併損益表摘要

	合併損益表 (單位:佰萬新台幣，除每股盈餘為新台幣元)		2015.1H %		10 10 2014.1H % YoY % 4,633 100% - 2,557 55% (5%) 272 6% 203% 1,578 34% (27%) 226 5% (4%) (2,876) (62%) (6%) 1,757 38% 10% (896) (19%) 9% (381) (8%) 9% 480 11% 14% 109 2% (62%) 589 13% - (89) (2%) 17% 500 11% (3%) (35) (1%) n/a $ 465 11% (33%) 512 11% (1%) (12) - 67% $ 500 11% (3%) $ 1.36 (1%)
	淨營業收入		4,633 100%
	量測儀器事業部之合併營收(淨值)		2,434 53%
	威光自動化事業部之合併營收		825 18%
	日茂特殊材料事業部之合併營收		1,158 25%
	其他		216 4%
	營業成本		(2,696) (58%)
	營業毛利		1,937 42%
	營業費用推銷管理費用研發費用		(975) (21%) (414) (9%)
	營業淨利		548 12%
	營業外收入及支出		41 1%
	稅前淨利所得稅費用		589 13% (104) (2%)
	本期淨利		485 11%
	其他綜合損益淨額		(175) (4%)
	綜合損益總額		$ 310 7%
	淨利歸屬於: 本公司業主非控制權益		505 11% (20) -
			$ 485 11%
	每股盈餘		$ 1.34

資產負債摘要及財務指標

集團合併 (單位：佰萬新台幣) 資產負債摘要現金及流動金融資產存貨短期負債長期負債股東權益			2015.6月 5,157 1,581 406 2,405 8,748	2014. 12月 + / - % 4,129 25% 1,605 - 1% 426 - 5% 2,488 - 3% 9,373 - 7%
總資產			15,716	14,970 5%
存貨週轉天數應收帳款週轉天數應付帳款週轉天數淨負債資產比(%)			107 116 93 -	91 108 76 -
股東權益報酬率(%)			11%	14%
資產報酬率(%)			7%	9%
現金流量 (單位：佰萬新台幣) 未計利息稅項折舊及攤銷營業現金流入	2015.上半年 770 1,366	2014.上半年 743 825		年成長 4% 66%
自由現金流量	922	(1,105)		n/a

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股東報酬率及資產報酬率皆已年化。

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自由現金流量 = 營運活動之淨現金流入 + ( 投資活動之淨現金流出 ) 。

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本季重點摘要

第 2 季重點摘要

總營業收入 : $11.3 億新台幣，

季增加 30% ，年減少 10%

營業毛利率 : 53%
營業利益率 : 16%
淨利 : $3.8 億新台幣，

季增加 210% ，年增加 14%

2015 年第 2 季摘要 :
第二季營業收入主要貢獻來自於
- 量測設備與自動化檢測系統，分別較上季成長 22% ，較去年同期

。成長 7%

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營業收入營業毛利
營業利益率
1,604
1,345
1,249
57% 1,126
56%
55% 53% 51% 53%
937
864
24%
23%
18%
16% 16%
13%
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2014.1Q 2014.2Q 2014.3Q 2014.4Q 2015.1Q 2015.2Q

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2015年第2季損益表摘要(母公司)

損益表摘要(母公司) (單位:佰萬新台幣，除每股盈餘為新台幣元)	2015.1Q %	2014.4Q % QoQ %	2014.1Q % YoY %
淨營業收入	2015.2Q %	2015.1Q % QoQ	2014.2Q % YoY
營業成本		%	%
營業毛利	1,126 100%	864 100% 30%	1,249 100% (10%)
營業費用推銷管理費用研發費用	(524) (47%) 602 53%	(369) (43%) 42% 495 57% 22%	(546) (44%) (4%) 703 56% (14%)
營業淨利	(229) (19%)	(210) (24%) 9%	(236) (19%) (3%)
營業外收入及支出	(198) (18%)	(176) (20%) 13%	(179) (14%) 11%
稅前淨利	175 16%	109 13% 61%	288 23% (39%)
所得稅費用	225 20%	31 4% 626%	91 7% 147%
本期淨利	400 36%	140 16% 186%	379 30% 6%
其他綜合損益淨額	(19) (2%)	(17) (2%) 12%	(46) (4%) (59%)
綜合損益總額	$ 381 34%	$ 123 14% 210%	$ 333 26% 14%
每股盈餘(基本)	(122) (11%)	(51) (6%) 139%	(83) (6%) 47%
每股盈餘(稀釋)	$ 259 23%	$ 72 8% n/a	$ 250 20% 4%

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本季營業外收入包含 100% 持有之子公司淨利認列，日茂為獲利為 9 佰萬新台幣 ( 季減少 18% ，年減少 25%) ，威光為獲利 1 億 6 仟 4 佰萬新台幣 ( 季成長 413% ，年成長 720%) 。

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2015年上半年損益表摘要(母公司)

損益表摘要(母公司) (單位:佰萬新台幣，除每股盈餘為新台幣元)	2015.1H %	2014.1H % YoY %
淨營業收入	1,990 100%	2,186 100% (9%)
營業成本	(894) (45%)	(967) (44%) (8%)
營業毛利	1,096 55%	1,219 56% (10%)
營業費用推銷管理費用研發費用	(438) (22%) (374) (19%)	(419) (19%) 5% (340) (16%) 10%
營業淨利	284 14%	460 21% (38%)
營業外收入及支出	256 13%	122 6% 110%
稅前淨利	540 27%	582 27% (7%)
所得稅費用	(35) (2%)	(70) (4%) (50%)
本期淨利	$ 505 25%	$ 512 23% (1%)
其他綜合損益淨額	(174) (8%)	(35) (2%) n/a
綜合損益總額	$ 331 17%	$ 477 21% (31%)
每股盈餘(基本)	$ 1.34	$ 1.36 (1%)
每股盈餘(稀釋)	$ 1.28	$ 1.33 (4%)

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本季營業外收入包含 100% 持有之子公司淨利認列，日茂為獲利為 2 仟萬新台幣 ( 年減少 31%) ，威光為獲利 1 億 9 仟 6 佰萬新台。幣 ( 年成長 576%)

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資產負債摘要及財務指標

未合併 (單位：佰萬新台幣) 資產負債摘要現金及流動金融資產存貨短期負債長期負債股東權益			2015. 6月 2,482 1,236 144 2,304 8,606	2014. 12月 2,168 1,257 151 2,361 9,271	+ / - % 14% - 2% - 5% - 2% - 7%
總資產			13,401	13,290	1%
存貨週轉天數應收帳款週轉天數應付帳款週轉天數淨負債資產比(%)			251 191 106 -	186 141 71 5%
股東權益報酬率(%)			11%	15%
資產報酬率(%)			8%	11%
現金流量 (單位：佰萬新台幣) 未計利息稅項折舊及攤銷營業現金流入	2015.第2季 447 188	2015.第1季 186 419		QoQ 140% (55%)	2015.上半年 YoY 633 (4%) 607 (5%)
自由現金流量	(5)	224		n/a	219 n/a

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股東報酬率及資產報酬率皆已年化。

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自由現金流量 = 營運活動之淨現金流入 + ( 投資活動之淨現金流出 ) 。

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營運概況

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各產品線銷售佔比

(單位:百萬新台幣) 量測及自動化檢測設備半導體測試解決方案 Turnkey Solutions 其它		2015.2Q % QoQ 787 70% 22% 184 16% 21% 105 10% 275% 50 4% 32%		2014.2Q % YoY 735 59% 7% 260 21% (29%) 202 16% (48%) 52 4% -		2015.1H % 1,433 72% 336 17% 133 7% 88 4%		2014.1H % YoY 1,328 61% 8% 418 19% (20%) 349 16% (62%) 91 4% (3%)
Total		1,126 100% 30%		1,249 100% (10%)		1,990 100%		2,186 100% (9%)

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銷售佔比 (累計)

A Turnkey Solution and Intelligent Automation Line Provider

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母公司 5,338 4,174 3,926 5,135 1,990
7% 6% 5% 4% 4%
其他 9% 7%
10% 18%
21%
17%
17% 21%
半導體測試解決方案 9% 21%
Turnkey Solutions
量測及自動化檢測設備
63% 67% 65% 57% 72%
2011 2012 2013 2014 2015.1H
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合併營收佔比

(單位:百萬新台幣) 致茂電子 (含海外量測事業子公司) 威光自動化日茂新材料其它		2015.2Q % QoQ 1,369 51% 29% 665 25% 313% 563 21% (5%) 112 4% 9%		2014.2Q % YoY 1,476 56% (7%) 176 7% 278% 850 32% (34%) 125 5% (10%)		2015.1H % 2,434 53% 825 18% 1,158 25% 216 4%		2014.1H % YoY 2,557 55% (5%) 272 6% 203% 1,578 34% (27%) 226 5% (4%)
集團合併營收		2,709 100% 41%		2,627 100% 3%		4,633 100%		4,633 100% -

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Guidance

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邁入傳統旺季，致茂電子 ( 母公司 ) 營收較上季成長 30% 。其主要成長動力來自。於 Turnkey Solutions 及量測與自動化檢測系統，分別較上季成長 275% 及 22% 受惠於國際大廠採用之貢獻，致茂電子 ( 母公司 ) 上半年來自歐美日市場之銷售。金額佔比上升至 28% 市場對工業自動化 (IA) 需求仍舊強勁。公司預期集團合併營收來自工業自動化相關事業體之佔比將由 2014 年 16% 成長至 20% 以上。 2015 年上半年已達合併。營收之 21% 公司預期 2015 年下半年之營收將優於上半年，主要來自於 Turnkey Solutions 新產品線之交貨及受惠於潔淨科技相關之電力電子檢測設備需求上升所致。

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Test Instruments & ATS (1/2)

TECHNOLOGY

System Integration Automated AC Type: 10KW, SAE J1772 Testing DC Type: 10~50KW, IEC61851 Parallel, High Efficiency, Regenerative 60~300kW, >85% Power Bi-direction, AC/DC, AC/AC Testing Ultra High Measurement Accuracy High Transient Linear Load: 10us Voltage: 0.015%+0.015%F.S. High Power Density: 6kW@4U Current: 0.04%+0.04%F.S. ‘15 ‘16 MARKET Server/ Telecom Power/ DD Converter/ Grid/ Green Energy/ Electric Vehicle/ Power Battery Pack High Power DC Load 150~1200V,4~24kW, 632XXA Regenerative Grid Simulator Regenerative Battery Pack Tester 0~400Vac,30~60kVA, 61800 0~200V, 0~2600A, 0.6W~50kW, 17020 EV Charging ATS 8000

SOLUTION

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Test Instruments & ATS (2/2)

TECHNOLOGY

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High Speed CSP (Chip-Scale
LED Testing Packaged) ; UPH : 25k
High Density Burn-in Module
Optical Testing
128ch/module; 10sec/DUT
Passive Impedance Measurement Impulse & Hi-pot test with Vacuum
Comp. Testing Wide Freq. Range: 60Hz~5MHz 7 in 1 (ACW/DCW/IR/IWT/DCR/L/Q Phase)
4K x 2K@60Hz
Video Testing
5.4Gbps Lane Rate
‘15 ‘16
MARKET HD Display/ Fiber Communication/ High Power Components/ LED/ Motor
FPD Tester 040201
HF LCR Meter Programmable HF
11050-5M AC Tester 11805-20-20
Motor Stator
Test System 1920
LD CoC Characterization LD CoC Burn-In Test
Test System 58620 System 58601/58603
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LED Tester & Tapper 58280

SOLUTION

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Semiconductor Test Solutions

TECHNOLOGY

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Thermal Engine
IC Testing
Nitro-TEC (Liquid Nitrogen)
Handler
Multi-site Testing Integrated Digital/ Mixed
Logic Testing
1024 digital pins, 200Mbps Signal Testing
High Power/High Accuracy
Analog Testing
VI 45/100/200; 4A Max; 0.05%
‘15 ‘16
MARKET IC – SoC/ MCU/ PMIC/ Sensors (touch-screen, fingerprint) / Connectivity (WiFi, BT)
Analog/power
Instruments
VI45/PVI100
SoC Test System VLSI Test System Full Range Active
3650-EX 3380-D Thermal Control
Handler 3160-F
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SOLUTION

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Turnkey Solutions

TECHNOLOGY

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Collaborative Robotic Application
Automation
Smart Conveyance System
Configurable/Scalable/Reusable
Battery Cell Regenerative CH/DCH System
Testing 5V/10A,20A,50A, 100A Tester
Real-Time
MES Multi Protocol Interface
Mobile Production Report
‘15 ‘16
MARKET
Industry 4.0 – Battery Cell Formation/ Battery Pack Auto Assembly/ IT/ICT Auto Test Line/ Smart Factory
Battery Cell Formation
System 17000
Battery Pack Automatic
Assembly Line
Smart Conveyer 5703
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SOLUTION

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www.chromaate.com

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let’s make a better world.

Thank You!

25 25

AI assistant

CHROMA Interim / Quarterly Report 2015

52029_rns_2015-09-08_3b78bac3-29ee-4134-b7b5-356d620e9037.pdf

Disclaimer

議程

公司簡介

公司簡介

財務表現

財務表現

股東權益報酬率

股利政策

致茂電子全球據點

Global Employees ： 2,286  , Branch Offices x16, Distributors x65, Subsidiaries x6

財務數據

2015年上半年合併損益表摘要

資產負債摘要及財務指標

本季重點摘要

第 2 季重點摘要

2015年第2季損益表摘要(母公司)

2015年上半年損益表摘要(母公司)

資產負債摘要及財務指標

營運概況

各產品線銷售佔比

銷售佔比 (累計)

A Turnkey Solution and Intelligent Automation Line Provider

合併營收佔比

Guidance

Test Instruments & ATS (1/2)

TECHNOLOGY

Test Instruments & ATS (2/2)

TECHNOLOGY

TECHNOLOGY

TECHNOLOGY

www.chromaate.com

Thank You!

AI assistant

CHROMA — Interim / Quarterly Report 2015

52029_rns_2015-09-08_3b78bac3-29ee-4134-b7b5-356d620e9037.pdf

Disclaimer

議程

公司簡介

公司簡介

財務表現

財務表現

股東權益報酬率

股利政策

致茂電子全球據點

Global Employees ： 2,286  , Branch Offices x16, Distributors x65, Subsidiaries x6

財務數據

2015年上半年合併損益表摘要

資產負債摘要及財務指標

本季重點摘要

第 2 季重點摘要

2015年第2季損益表摘要(母公司)

2015年上半年損益表摘要(母公司)

資產負債摘要及財務指標

營運概況

各產品線銷售佔比

銷售佔比 (累計)

A Turnkey Solution and Intelligent Automation Line Provider

合併營收佔比

Guidance

Test Instruments & ATS (1/2)

TECHNOLOGY

Test Instruments & ATS (2/2)

TECHNOLOGY

TECHNOLOGY

TECHNOLOGY

www.chromaate.com

Thank You!

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CHROMA Interim / Quarterly Report 2015