DELTA — Interim / Quarterly Report 2022

Aug 30, 2022

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(02)8797-2088 # 5072

Delta Electronics, Inc. 2Q 2022 Results 台達電子2022年第二季財報法人說明會

29 July 2022

 The financial numbers hereby are based on International Financial Reporting Standards (IFRS) 本簡報財務數字係根據國際財務報導準則編製  Cumulative consolidated numbers were reviewed by CPA 合併數字經會計師核閱

2Q 2022 Financial Results 2022年第二季結算數字

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Sales Revenues & Gross Profits 合併營收及毛利

NT$ billion 新台幣十億元

T$ billion 新台幣十億元
Sales 營收
	2Q21	3Q21	4Q21	1Q22	2Q22
Sales	78.8	79.6	83.8	82.5	90.0

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GP
毛利
2Q21 3Q21 4Q21 1Q22 2Q22
GP 23.7 22.5 22.4 22.5 26.5
GPM 30.1% 28.3% 26.7% 27.3% 29.4%
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Y/Y Q/Q
年對年 季對季
Sales
+14% +9%
營收
GP
+12% +18%
毛利
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Operating Profits & Expenses 營業淨利及費用

R&D SG&A OP NT$ billion 新台幣十億元	8.8 7.8 7.3 7.5 9.6 7.9 7.9 8.2 8.2 9.1 7.0 6.8 6.9 6.9 7.7 2Q21 3Q21 4Q21 1Q22 2Q22 8.8% 8.6% 8.2% 8.3% 8.5% 10.1% 9.9% 9.8% 9.9% 10.1% 18.9% 18.5% 18.0% 18.3% 18.7% 11.1% 9.8% 8.7% 9.0% 10.7%	8.8 7.8 7.3 7.5 9.6 7.9 7.9 8.2 8.2 9.1 7.0 6.8 6.9 6.9 7.7 2Q21 3Q21 4Q21 1Q22 2Q22 8.8% 8.6% 8.2% 8.3% 8.5% 10.1% 9.9% 9.8% 9.9% 10.1% 18.9% 18.5% 18.0% 18.3% 18.7% 11.1% 9.8% 8.7% 9.0% 10.7%	8.8 7.8 7.3 7.5 9.6 7.9 7.9 8.2 8.2 9.1 7.0 6.8 6.9 6.9 7.7 2Q21 3Q21 4Q21 1Q22 2Q22 8.8% 8.6% 8.2% 8.3% 8.5% 10.1% 9.9% 9.8% 9.9% 10.1% 18.9% 18.5% 18.0% 18.3% 18.7% 11.1% 9.8% 8.7% 9.0% 10.7%	8.8 7.8 7.3 7.5 9.6 7.9 7.9 8.2 8.2 9.1 7.0 6.8 6.9 6.9 7.7 2Q21 3Q21 4Q21 1Q22 2Q22 8.8% 8.6% 8.2% 8.3% 8.5% 10.1% 9.9% 9.8% 9.9% 10.1% 18.9% 18.5% 18.0% 18.3% 18.7% 11.1% 9.8% 8.7% 9.0% 10.7%	8.8 7.8 7.3 7.5 9.6 7.9 7.9 8.2 8.2 9.1 7.0 6.8 6.9 6.9 7.7 2Q21 3Q21 4Q21 1Q22 2Q22 8.8% 8.6% 8.2% 8.3% 8.5% 10.1% 9.9% 9.8% 9.9% 10.1% 18.9% 18.5% 18.0% 18.3% 18.7% 11.1% 9.8% 8.7% 9.0% 10.7%	Y/Y 年對年 Q/Q 季對季
						R&D 研發費用 +10% +12%
						SG&A 銷管費用 +15% +12%
(% of sales)	2Q21	3Q21	4Q21	1Q22	2Q22
R&D	8.8%	8.6%	8.2%	8.3%	8.5%
						OPEX 總營業費用 +13% +12%
SG&A	10.1%	9.9%	9.8%	9.9%	10.1%
OPEX	18.9%	18.5%	18.0%	18.3%	18.7%
						OP 營業淨利 +10% +29%
OPM	11.1%	9.8%	8.7%	9.0%	10.7%

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Performance by Segment 主要部門表現

NT$ million 新台幣百萬元	Sales Y/Y Q/Q	Profits	Y/Y	Q/Q
Power Electronics 電源及零組件	52,948 +13% +8%	7,068 +29% +27%
Automation 自動化	13,186 +7% +12%	982 -44% +51%
Infrastructure 基礎設施	23,677 +21% +11%	1,605 +4% +28%

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Sales%
營收佔比
59% 60% 59%
16% 14% 15%
25% 26% 26%
2Q21 1Q22 2Q22
Power Electronics
Automation
Infrastructure
Others
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Non-operating Profits 業外損益

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Non-OP
業外損益
NT$ billion
2Q 3Q 4Q 1Q 2Q
新台幣十億元
21 21 21 22 22
1.3 0.5 1.1 1.1 1.1
non-op
% of sales 1.7% 0.6% 1.4% 1.3% 1.3%
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NT$ million 新台幣百萬元	2Q21	1Q22	2Q22
Gain on disposal of
investment	90	0	0
處分投資損益
Interest income 利息收益	41	18	(10)
FX income 匯兌損益	316	312	569
Others 其他	854	740	618
Total 合計	1,301	1,070	1,177

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Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤

NT$ billion 新台幣十億元

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Profits
before tax
稅前淨利
2Q21 3Q21 4Q21 1Q22 2Q22
PBT 10.1 8.3 8.4 8.5 10.9
% of sales 12.8% 10.4% 10.1% 10.3% 12.0%
EBITDA
息稅折舊及
攤銷前利潤
2Q21 3Q21 4Q21 1Q22 2Q22
EBITDA 14.4 12.7 12.9 13.1 15.6
% of sales 18.2% 15.9% 15.5% 15.9% 17.3%
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Y/Y Q/Q 年對年 季對季 Profits before tax +7% +27% 稅前淨利 EBITDA 息稅折舊及 +9% +19% 攤銷前利潤

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Net Profits after Tax 稅後淨利

NT$ billion 新台幣十億元

NT$ billion 新台幣十億元
Net profits after tax
稅後淨利	2Q 21	3Q 21	4Q 21	1Q 22	2Q 22
稅後淨利	7.6	6.4	6.2	6.1	7.6
稅後淨利率	9.6%	8.0%	7.5%	7.3%	8.5%
Y/Y 年對年 Q/Q 季對季
Net profits after tax +1% +26%

NT$ million 2Q21 1Q22 2Q22 新台幣百萬元 Profit before income tax 10,081 8,539 10,831 稅前淨利 Income tax (2,017) (1,709) (1,989) 所得稅 Non-controlling interest (474) (771) (1,214) 非控制權益 Net profit after tax 7,590 6,059 7,628 稅後淨利

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EPS
每股淨利
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Unit: NT$ 新台幣元

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2.92 2.94
2.45
2.42 2.33
2Q21 3Q21 4Q21 1Q22 2Q22
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• *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。

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1H 2022 Financial Results 2022年上半年結算數字

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Sales Revenues & Gross Profits 合併營收及毛利

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NT$ billion
新台幣十億元
Sales
營收 Y/Y
年對年
1H21 1H22
Sales 151.3 172.5
Sales
+14%
營收
GP
毛利
GP
1H21 1H22 +8%
毛利
GP 45.3 49.0
% of sales 29.9% 28.4%
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Operating Profits & Expenses 營業淨利及費用

R&D SG&A OP NT$ billion 新台幣十億元	16.3 17.1 15.6 17.3 13.4 14.6 1H21 1H22 8.9% 8.4% 10.3% 10.0% 19.2% 18.5% 10.8% 9.9%	16.3 17.1 15.6 17.3 13.4 14.6 1H21 1H22 8.9% 8.4% 10.3% 10.0% 19.2% 18.5% 10.8% 9.9%	Y/Y 年對年
			R&D 研發費用 +8%
			SG&A 銷管費用 +11%
(% of sales)	1H21	1H22
R&D	8.9%	8.4%
			OPEX 總營業費用 +10%
SG&A	10.3%	10.0%
OPEX	19.2%	18.5%
			OP 營業淨利 +5%
OPM	10.8%	9.9%

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Performance by Segment 主要部門表現

NT$ million 新台幣百萬元	Sales Y/Y	Profits	Y/Y
Power Electronics 電源及零組件	102,191 +13%	12,635 +20%
Automation 自動化	24,913 +9%	1,631 -46%
Infrastructure 基礎設施	45,046 +19%	2,858 +6%

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Sales%
營收佔比
60% 59%
15% 15%
25% 26%
1H21 1H22
Power Electronics
Automation
Infrastructure
Others
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Non-operating Profits 業外損益

NT$ billion 新台幣十億元

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Non-OP
業外損益
1H21 1H22
2.6 2.2
non-op
% of sales 1.7% 1.3%
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NT$ million 新台幣百萬元	1H21	1H22
Gain on disposal of investment 處分投資損益	90	0
Interest income 利息收益	89	8
FX income 匯兌損益	623	881
Others 其他	1,812	1,358
Total 合計	2,614	2,247

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Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤

NT$ billion 新台幣十億元

Profits before tax Y/Y 稅前淨利 1H21 1H22 年對年 PBT 18.9 19.4 Profits % of sales 12.5% 11.2% before tax +3% 稅前淨利 EBITDA 息稅折舊及 EBITDA 攤銷前利潤 1H21 1H22 息稅折舊及 +5% 攤銷前利潤 EBITDA 27.4 28.7 % of sales 18.1% 16.6%

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Net Profits after Tax 稅後淨利

Net profits after tax 稅後淨利 NT$ billion 新台幣十億元
	1H21		1H22
Net profits after tax	14.2		13.7
% of sales	9.4%		7.9%
		Y/Y 年對年
Net profits after tax		- 3%

NT$ million 新台幣百萬元	1H21	1H22
Profit before income tax 稅前淨利	18,895	19,370
Income tax 所得稅	(3,788)	(3,698)
Non-controlling interest 非控制權益	(937)	(1,985)
Net profit after tax 稅後淨利	14,170	13,687

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EPS 每股淨利

Unit: NT$ 新台幣元

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5.46 5.27
1H21 1H22
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• *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。

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Business Category 業務分類

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ICT infrastructure EIS infrastructure
 Power supplies  Industrial automation
資通訊基礎設施 能源基礎設施
電源供應器 工業自動化
 Fans & thermal  Telecom power  Off-board EV charger
風扇及散熱管理  Building automation 通信電源 電動車充電設備
樓宇自動化
 Datacenter solutions  Renewable energy
 Passive components
資料中心解決方案 & Energy Storage System
被動元件
可再生能源及儲能設備
 On-board EV solutions  Networking
汽車電子 網通系統  Display
視訊系統
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Smarter. Greener. Together.