Compal — Interim / Quarterly Report 2018

May 23, 2018

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Compal Electronics, Inc. 1Q18 Consolidated Financial Results

May 9, 2018

Save the earth…Please print out only when necessary

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Safe Harbor Statement

Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. These forward looking statements are not based on historical facts but rather on management’s expectations regarding future growth, results of operations, performance, future capital and other expenditures, competitive advantages, business prospects and opportunities. Statements in this presentation about our future plans and intentions, results, level of activities, performance, goals or achievements or other future events constitute forward looking statements. Wherever possible, words such as “anticipate”, “believe”, “expect”, “may”, “could”, “will”, “potential”, “intend”, “estimate”, “should”, “plan”, “predict”, or the negative or other variations of statements reflect management’s current beliefs and assumptions and are based on the information currently available to our management.

Investors are cautioned not to place undue reliance on these forward looking statements, which are made as of the date of this presentation and we assume no obligation to update or revise any forward looking statements.

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1Q18 Consolidated I/S

NT$ Million

	1Q 2018	4Q 2017	1Q 2017	QoQ	YoY
Net Sales Gross Margin Operating Exp Operating Margin Non-Operating Items Pre-Tax Income Income Tax Net Income Net Income to Parent Net Income to Minority EPS (NT$)	196,112 100.0% 6,623 3.4% 4,569 2.3% 2,054 1.0% -132 -0.1% 1,922 1.0% 339 0.2% 1,583 0.8% 1,393 0.7% 190 0.32	254,840 100.0% 8,391 3.3% 5,945 2.3% 2,446 1.0% 141 0.1% 2,587 1.0% 401 0.2% 2,186 0.9% 2,098 0.8% 88 0.48	187,428 100.0% 7,824 4.2% 4,875 2.6% 2,949 1.6% -1,494 -0.8% 1,455 0.8% 347 0.2% 1,108 0.6% 1,073 0.6% 35 0.25	-23% -21% -23% -16% -26% -28% -34%	5% -15% -6% -30% 32% 43% 30%

Note: All figures in million of NT$ except for earnings per share; Financial data is IFRS adoption

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Non-operating Breakdown

NT$ Million	1Q 2018	4Q 2017 1Q 2017
Interest Income, net Investment Gain (Loss), net Gain (Loss) on FX, net Others Non-Operating Gain (Loss)	-182 239 -312 123 -132	-174 -45 273 -15 -103 -1,640 145 206 141 -1,494

Note: All figures in million of NT$ except for earnings per share; Financial data is IFRS adoption

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1Q18 Consolidated B/S

NT$ Million
	1Q 2018	4Q 2017	1Q 2017
Cash and Cash Equivalents Account Receivable Inventories Current Assets Total Assets Accounts Payable Current Liabilities Total Liabilities Shareholders' Equity BVPS - Parent(NT$)	72,195 21% 156,213 45% 67,945 20% 308,323 90% 343,679 100% 118,058 34% 213,917 62% 235,039 68% 108,640 32% 23.1 $	70,063 19% 177,387 49% 69,513 19% 321,783 89% 363,356 100% 142,018 39% 231,956 64% 254,708 70% 108,648 30% 23.1 $	72,712 22% 160,019 48% 52,889 16% 289,711 87% 331,953 100%
			123,752 37% 197,483 59% 222,221 67% 109,732 33%
			23.4 $

Note: All figures in million of NT$ except for book value per share; Financial data is IFRS adoption

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Earning Distribution

	2011	2012	2013	2014	2015	2016	2017
NT$
Cash Dividends
Cash from Retain Earnings	1.4	1.0	0.5	1.0	1.0	1.0	1.0
Cash from Capital Surplus	-	-	0.5	0.5	0.2	0.2	0.2
Total Cash Dividends	1.4	1.0	1.0	1.5	1.2	1.2	1.2
Reported EPS (NT$)	2.53	1.47	0.57	1.63	2.01	1.88	1.32
Normalized EPS (NT$)	2.53	1.47	1.70	2.73	2.01	2.04	2.14
Payout Ratio - Reported	55%	68%	175%	92%	60%	64%	91%
Payout Ratio - Normalized	55%	68%	59%	55%	60%	59%	56%

Note: 2017 dividend payout is subject to the approval of Compal 2018 AGM

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Q & A http://www.compal.com Investor@compal.com

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