INVENTEC — Call Transcript 2021

Jun 18, 2021

Inventec Corporation and Subsidiaries 2021 First Quarter Investor Conference

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Consolidated Statements of Comprehensive Income

NT$ Million	2021 Q1	2020 Q4	QoQ %	2020 Q1	YoY %
Sales Revenue	111,848 100.0%	125,477 100.0%	-11%	88,679 100.0%	26%
Gross Profit	5,120 4.6%	5,031 4.0%	2%	4,196 4.7%	22%
Operating Expense	4,139 3.7%	4,402 3.5%	-6%	3,943 4.4%	5%
Operating Profit	981 0.9%	629 0.5%	56%	253 0.3% 288%
Non Operating Income and Expenses	424 0.4%	186 0.1%	128%	4,912 5.5% -91%
Profit Before Income Tax	1,405 1.3%	815 0.6%	72%	5,165 5.8% -73%
Profit for the Period	1,077 1.0%	375 0.3%	187%	2,935 3.3% -63%
Total Comprehensive Income	1,150 1.0%	(96) -0.1% -1,298%		2,964 3.3% -61%
Profit Attributable to
Owners of the Parent	1,145 1.1%	925 0.7%		3,032 3.4%
Non-Controlling Interest	(68) -0.1%	(550) -0.4%		(97) -0.1%
Total Comprehensive Income Attributable to
Owners of the Parent	1,220 1.1%	447 0.3%		3,065 3.4%
Non-Controlling Interest	(70) -0.1%	(543) -0.4%		(101) -0.1%
EPS (NT$)	0.32	0.25		0.85

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Non-Operating Income and Expense

NT$ Million	2021 Q1		2020 Q4		2020 Q1
Interest Income	284		329		295
Other Income	64		60		72
Foreign Exchange Gain (Loss) (Realized and Unrealized)	(254)		222		(263)
Other Gains and Losses	502		(213)		5,055
Finance Cost	(166)		(208)		(246)
Share of the Profit or Loss of Associates and JV Accounted for Using the Equity Method	(6)		(4)		(1)
Total Non-Operating Income and Expense	424		186		4,912

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Consolidated Balance Sheets

NT$ Million	2021/3/31	2020/12/31	2020/3/31
Cash	36,784	32,952	38,140
Current financial assets at fair value through profit or loss	1,077	782	2,151
Accounts Receivable	87,490	91,811	57,120
Inventories	45,410	41,416	54,816
Other Current Assets	6,410	6,509	4,571
Non-Current Assets	40,452	40,691	39,658
Total Assets	217,623	214,161	196,456
Short-term borrowings	36,155	31,891	21,290
Accounts payable	77,220	74,370	76,339
Other Current Liabilities	38,777	34,282	34,813
Non-Current Liabilities	13,067	15,727	9,581
Total Liabilities	165,219	156,270	142,023
Total Equity	52,404	57,891	54,433

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https://www.inventec.com iec@inventec.com

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THANK YOU!

Questions and Answers

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