INVENTEC — Interim / Quarterly Report 2015

Aug 11, 2015

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Inventec Corporation and subsidiaries 2015Q2 Financial Results

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自主創新 綠能環保 雲端服務 無線寬頻 新興市場
Innovation Ownership Sustainable Energy Cloud Service Mobile Broadband Emerging Market
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Consolidated Statements of Comprehensive Income NT$ Million 2015H1 2014H1 %	Consolidated Statements of Comprehensive Income NT$ Million 2015H1 2014H1 %	Consolidated Statements of Comprehensive Income NT$ Million 2015H1 2014H1 %	Consolidated Statements of Comprehensive Income NT$ Million 2015H1 2014H1 %
Sales Revenue Gross Profit			-19% -9%
	179,996 100% 10,325 5.7%	221,589 100% 11,360 5.1%
Operating Expense Operating Profit	7,600 4.2% 2,725 1.5%	7,732 3.5% 3,628 1.6%	-2% -25%
Profit before income ta x Profit for the period Totalcomprehensive Income	3 157 1 8% , . 2,215 1.2% 1691 0.9%	4 829 2 2% , . 3,454 1.6% 3328 1.5%	35% - -36% -49%
Profit Attributable to Owners of the parent	, 2,623 1.4%	, 3,372 1.5%
Non-controlling interest Total comprehensive Income Attributable to	(408) -0.2%	82 0.0%
Owners of the parent Non-controlling interest	2,099 1.1% (408) -0.2%	3,246 1.5% 82 0.0%
Page 2 EPS (NT$)	Presented By 8/11/2015 0.73 0.94

Consolidated Statements of Comprehensive Income

NT$ Million Sales Revenue Gross Profit	2015Q2	2014Q2	% -14% -9%
	90,692 100% 5,058 5.6%	104,904 100% 5,559 5.3%
Operating Expense Operating Profit	3,940 4.3% 1,118 1.2%	3,879 3.7% 1,680 1.6%	2% -33%
Profit before income tax Profit for the period	1,387 1.5% 931 1.0%	2,124 2.0% 1,507 1.4%	-35% -38%
Total comprehensive Income Profit Attributable to Owners of the parent	620 0 7% . 1,171 1.3%	1 040 1 0% , . 1,478 1.4%	40% -
Non-controlling interest Total comprehensive Income	(240) -0.3%	29 0.0%
Attributable to Owners of the parent Non-controlling interest	860 1.0% (240) -0.3%	1,011 1.0% 29 0.0%
Page 3 EPS (NT$)	Presented By 8/11/2015 0.32 0.41

Consolidated Statements of Comprehensive Income

NT$ Million Sales Revenue Gross Profit	2015Q2	2015Q1	% 2% -4%
	90,692 100% 5,058 5.6%	89,303 100% 5,266 5.9%
Operating Expense Operating Profit	3,940 4.3% 1,118 1.2%	3,660 4.1% 1,606 1.8%	8% -30%
Profit before income tax Profit for the period	1,387 1.5% 931 1.0%	1,770 2.0% 1,284 1.4%	-22% -27%
Total comprehensive Income Profit Attributable to Owners of the parent	620 0 7% . 1,171 1.3%	1 071 1 2% , . 1,453 1.6%	42% -
Non-controlling interest Total comprehensive Income	(240) -0.3%	(169) -0.2%
Attributable to Owners of the parent Non-controlling interest	860 1.0% (240) -0.3%	1,239 1.4% (168) -0.2%
Page 4 EPS (NT$)	Presented By 8/11/2015 0.32 0.41

Consolidated Sales Revenue

100%	8.9% 10 5% 11 2% 12 4% 10 9% 10 9% 2.6% 3.0% 2.5% 2.3% 2.8% 3.0%	8.9% 10 5% 11 2% 12 4% 10 9% 10 9% 2.6% 3.0% 2.5% 2.3% 2.8% 3.0%	8.9% 10 5% 11 2% 12 4% 10 9% 10 9% 2.6% 3.0% 2.5% 2.3% 2.8% 3.0%
		8.9% 10 5% 11 2% 12 4% 10 9% 10 9% 2.6% 3.0% 2.5% 2.3% 2.8% 3.0%
90% 80%		. . . . .
70% 60%			Solar Related
50% 40%		88.5% 86.5% 86.3% 85.3% 86.3% 86.1%	Handheld Device
30% 20%			PC, Server
10% 0%	14Q1 14Q2 14Q3 14Q4 15Q1 15Q2
Page 5	Presented By 8/11/2015

Financial Trend Analysis

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Sales Revenue Operating Profit
Unit: NT$ one hundred million Unit: NT$ one hundred million
1,400.0 25.0
1,166.9 21.3
1,200.0 1,126.7
19.5
1,049.0 1,013.4 20.0
1,000.0 893.0 906.9 16.8 16.1
15.0 13.5
800.0
11.2
600.0
10.0
400.0
5.0
200 0.
0.0 0.0
14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2
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Financial Trend Analysis

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Gross Profit Margin Operating Profit Margin
% %
6.0 5.9 5.9 2.0
1.9
1 9.
5.8 1.8
5.6 1.8
5.6
1.7
1.7
1.6
5.4 5.3
5.3 1.6
5.2 1.5
5.0 5.0 1.4 1.3
1.3 1.2
4.8
1.2
4 6.
1.1
4.4 1.0
14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2
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Income and Non‐Operating expense

NT$ Million	2015 2014 2015 2014	2015 2014 2015 2014	2015 2014 2015 2014	2015 2014 2015 2014	2015 2014 2015 2014
Other income	Q2 Q2 H1				H1 1,547
	537 869 1,135
Other gain (loss) Foreign exchange gain (loss)	124 214 285 (87) (364) (572)				764 (457)
Finance cost	(287) (271) (386)				(649)
Share of the profit or loss of associates and JV accounted for using the equity method	(19)		(4) (30)		(5)
T l N i i ota on-operat ng ncome and expense		268	444	432	1,200
Page 8	Presented By 8/11/2015

Consolidated Balance Sheets

NT$ Million	2015/6/30 2014/12/31 2014/6/30	2015/6/30 2014/12/31 2014/6/30	2015/6/30 2014/12/31 2014/6/30
Cash Accounts receivable	34,598 52,828	37,732 68,249	42,865 65,382
Inventories Other Current Assets	29,809 11,236	31,773 13,345	31,425 7,100
Non-Current Assets	44,173	44,603	44,749
Total Assets Total Liabilities	172,644 112,804	195,702 131,279	191,521 132,118
Total Equity	59,840 64,423 59,403

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Financial Ratio Analysis

2015/6/30 2014/12/31 2014/6/30 Current ratio 120% 119% 128% Quick ratio 91% 93% 100% Liabilities/assets ratio 65% 67% 69%

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

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THANK YOU!

Questions and A nswers

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