FocalTech - Interim / Quarterly Report 2016

105 9 年月

www.focaltech-electronics.com

上市時間

代號 # 3545

105 年上半年營收

NT$ 53 億元

市值 (105 年 8 月 )

~NT$ 90 億元

員工人數 (105 年 8 月 )

~800

每股股利

$0.7316

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產品線
驅動IC 觸控IC
Includes SOC, Source driver (SD) Both self and mutual capacitive
Gate driver (GD), Feature driver controllers support 1.5”~15”
(SD+TCON), Timing controller panels
(TCON)
敦泰
指紋辨識
觸控驅動整合單晶片 Capacitive area type. Fast,
reliable and secure
(IDC)
Supports both α‐Si and LTPS TFT
LCD panels
壓力觸控 Solutions for out‐cell, on‐cell
and in‐cell applications
CONFIDENTIAL
@2016 FocalTech Systems Co., Ltd. All rights reserved 4
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客群
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應用客群
平板
智慧型手機
電子閱讀
穿戴式
車用
筆電
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@2016 FocalTech Systems Co., Ltd. All rights reserved
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Hero4: touch screen on the back
Model Name: Axon Watch
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Model Name: Smart Run

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Application: Smart Robot Model Name: XiaoYuZaiJia

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Model Name: P9 Lite

Model Name: LeMeng X3

Huawei Lenovo

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Model Name: Zenfone
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ASUS

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Model Name: Honor 5C Model Name: Redmi Note3 Model Name: ZenPad370

Huawei

Xiaomi

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ASUS
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CONFIDENTIAL
@2016 FocalTech Systems Co., Ltd. All rights reserved
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7
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‐IDC
手機
HD
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CXXX GXXX SXXX LXXX

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GXXX 3XXX

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@2016 FocalTech Systems Co., Ltd. All rights reserved
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MXXX

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觸控結構比較
GFF Hybrid Super Incell
Cover Glass
Cover Glass
Cover Glass
TX Sensor &
Polarizer
PET Film Polarizer
OCA RX Sensor Color Filter
Glass
RX Sensor &
PET Film
Color Filter Glass
OCA
Polarizer
VCOM &
Color Filter Glass
VCOM & Tx Touch Sensor
Sensor
TFT
Glass
IDC IC
TFT Glass
TFT Glass
Polarizer
FPCB
Polarizer
Driver IC
Touch IC
Tx & Driver IC
FPCB Rx Touch IC
FPCB
CONFIDENTIAL
@2016 FocalTech Systems Co., Ltd. All rights reserved
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SIC+IDC
優點
輕薄減薄20%
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功能

較佳光學效果 增亮10%

成本&可靠度

結構簡單易生產高整合度與縮短供應鏈較佳系統成本

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 專利布局

與台/中/日/韓面板廠商合作

 支援HD, FHD ,WQHD, 4K等解析度

支援中大尺寸至10~13”
支援非晶矽與多晶矽液晶面板

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營收
NT$ MM
營收
4,000
3,500 3,202
2,948 2,960
3,000 2,900
2,429
2,500 2,309
2,000
1,500
1,000
500
0
104'Q1 104'Q2 104'Q3 104'Q4 105'Q1 105'Q2
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毛利與淨利
NT$ MM
毛利淨利
580
600 552
536
504
432
376
200
200
66
63
29
‐
97
‐56
104'Q1 104'Q2 104'Q3 104'Q4 105'Q1 105'Q2
‐200
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毛利率
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% 毛利率
21.00
19.6
18.7
18.2
18.00 17.4
17.2
15.5
15.00
12.00
104' 1Q 104' 2Q 104' 3Q 104' 4Q 105' 1Q 105' 2Q
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Amt: in NT$ M

	105年第2季	105年第2季	105年第1季	105年第1季	104年第2季	104年第2季	QoQ	YoY
營收	2,960.0	100.0	2,308.6	100.0	3,202.5	100.0	28%	‐8%
成本	2,379.9	80.4	1,876.7	81.3	2,650.8	82.8	27%	‐10%
毛利	580.1	19.6	431.9	18.7	551.6	17.2	34%	5%
營業費用	500.0	16.9	522.1	22.6	523.0	16.3	‐4%	‐4%
營業淨利	80.1	2.7	(90.2)	‐ 3.9	28.6	0.9		180%
業外損益	(1.9)	‐ 0.1	(12.0)	‐ 0.5	27.4	0.9	‐84%
稅前淨利	78.2	2.6	(102.2)	‐ 4.4	56.0	1.7		40%
所得稅	(12.2)	‐ 0.4	5.6	0.2	7.0	0.2
淨利	66.0	2.2	(96.5)	‐ 4.2	63.0	2.0		5%
每股盈餘	0.23		(0.33)		0.15			53%

Note1: EPS‐ ‐based on weighted average outstanding common shares.

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Amt: in NT$ M

	105年上半年	105年上半年	104年上半年	104年上半年	YoY
營收	5,268.6	100.0	5,631.6	100.0	‐ 6.4
成本	4,256.6	80.8	4,703.9	83.5	‐ 9.5
毛利	1,012.0	19.2	927.7	16.5	9.1
營業費用	1,022.1	19.4	1,044.9	18.6	‐ 2.2
營業淨利	(10.1)	‐ 0.2	(117.2)	‐ 2.1	‐ 91.4
業外損益	(13.9)	‐ 0.3	122.8	2.2
稅前淨利	(24.0)	‐ 0.5	5.6	0.1
所得稅	(6.6)	‐ 0.1	1.9	0.0
淨利	(30.6)	‐ 0.6	7.5	0.1
每股盈餘	(0.10)		0.02

Note1: 2015 EPS‐ ‐based on weighted average outstanding common shares.

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Amt: in NT$ M

As of	105年6月30日	105年3月31日	104年6月30日	QoQ	YoY
總資產	14,415	14,704	16,126	‐2%	‐11%
現金與約當現金	6,219	7,328	7,623	‐15%	‐18%
應收帳款	1,436	1,118	2,083	28%	‐31%
存貨	2,737	2,355	2,470	16%	11%
總負債	3,320	3,334	3,928	0%	‐15%
短期借款	323	245	62	32%	423%
應付帳款	1,406	851	1,373	65%	2%
可轉換公司債	34	961	949	‐96%	‐96%
股東權益	11,096	11,370	12,199	‐2%	‐9%
淨現金流入	1,105	544	763	103%	45%
營業活動現金流入	345	356	283	‐3%	22%

每股淨值(NT$)	37.70	38.65	29.21
應收帳款周轉天數	52	53	69
存貨周轉天數	109	119	112

CONFIDENTIAL

第2季營收29.6億元，較上季增加28%，顯示已度過谷底；至於年減8%則是反映產品組合調整，減少低獲利產品比重的結果。
較高的營收與毛利率使毛利金額季增34%達5.8億元；即便營收年減8%，毛利總金額依舊年增5%。第2季毛利率19.6%，呈現第6個季度的連續增長。
第2季稅前淨利因營運效率提升而年增4成至7仟8佰萬元。

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第3季是智慧型手機傳統旺季，今年的季節性表現與往年相似。因此預期第3季營運將比第2季為好。
預期中高階產品出貨成長，使產品組合持續改善，並帶動毛利率保持向上趨勢。
IDC與on‐cell觸控方案是促使產品組合改善的主要因子，將在105年下半年營運中扮演重要角色。

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The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied in the predictive statements. Therefore, such information is provided for reference purpose only and constitutes neither an offer nor an acceptance. FocalTech may change the information at any time without notice.

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FocalTech Interim / Quarterly Report 2016

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Copyright ©2016 FocalTech Systems Co., Ltd. All Rights Reserved.

AI assistant

FocalTech — Interim / Quarterly Report 2016

52342_rns_2016-09-05_e67cfcd2-0383-4915-bf55-099c77d954f7.pdf

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功能

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 專利布局

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Amt: in NT$ M

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Copyright ©2016 FocalTech Systems Co., Ltd. All Rights Reserved.

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