INVENTEC — Interim / Quarterly Report 2016

Sep 2, 2016

Inventec Corporation and Subsidiaries 2016 Second Quarter Investor Conference

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自主創新 綠能環保 雲端應用 移動生活 新興市場
Rapid Innovation Sustainable Energy Cloud Solutions Mobile Lifestyle Emerging Markets
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Consolidated Statements of Comprehensive Income

	NT$ Million	2016 H1	% 2015 H1
	Sales Revenue	203,695 100.0%	179,996 100.0% 13%
	Gross Profit	11,646 5.7%	10,325 5.7% 13%
	Operating Expense	7,696 3.8%	7,600 4.2% 1%
	Operating Profit	3,950 1.9%	2,725 1.5% 45%
	Profit Before Income Tax	3,713 1.8%	3,157 1.8% 18%
	Profit for the Period	2,669 1.3%	2,215 1.2% 20%
	Total Comprehensive Income	1,624 0.8%	1,691 0.9% -4%
	Profit Attributable to
	Owners of the Parent	2,646 1.3%	2,623 1.4%
	Non-Controlling Interest	23 0.0%	(408) -0.2%
	Total Comprehensive Income Attributable to
	Owners of the Parent	1,606 0.8%	2,099 1.1%
	Non-Controlling Interest	18 0.0%	(408) -0.2%
	EPS (NT$)	0.74	0.73

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Consolidated Statements of Comprehensive Income

	NT$ Million	2016 Q2	% 2016 Q1	% 2015 Q2
	Sales Revenue	108,331 100.0%	95,364 100.0% 14%	90,692 100.0% 19%
	Gross Profit	6,001 5.5%	5,645 5.9% 6%	5,058 5.6% 19%
	Operating Expense	3,916 3.6%	3,780 4.0% 4%	3,940 4.3% -1%
	Operating Profit	2,085 1.9%	1,865 2.0% 12%	1,118 1.2% 86%
	Profit Before Income Tax	1,829 1.7%	1,884 2.0% -3%	1,387 1.5% 32%
	Profit for the Period	1,304 1.2%	1,365 1.4% -4%	931 1.0% 40%
	Total Comprehensive Income	600 0.6%	1,024 1.1% -41%	620 0.7% -3%
	Profit Attributable to
	Owners of the Parent	1,414 1.3%	1,231 1.3%	1,171 1.3%
	Non-Controlling Interest	(110) -0.1%	134 0.1%	(240) -0.3%
	Total Comprehensive Income Attributable to
	Owners of the Parent	715 0.7%	891 1.0%	860 1.0%
	Non-Controlling Interest	(115) -0.1%	133 0.1%	(240) -0.3%
	EPS (NT$)	0.40	0.34	0.32

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Consolidated Sales Revenue

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Solar Related Handheld Device PC, Server
100%
2.8% 3.0% 3.3% 3.8% 4.5% 3.4%
90% 10.9% 10 9%. 11 8%. 11 8%.
13 5%. 12 4%.
80%
70%
60%
50%
86.3% 86.1% 84.9% 82.7% 83.1% 84.8%
40%
30%
20%
10%
0%
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
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Financial Trend Analysis

Sales Revenue

Operating Profit

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Unit: NT$ one hundred million Unit: NT$ one hundred million
1,200 35
1,083.3
1,054.2 [1,100.5 ]
953.6 30
1,000 893.0 [906.9 ]
25
800 20.9
18.6
20
16.1
600
13.5 13.3
15
11.2
400
10
200
5
0 0
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
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Financial Trend Analysis

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Gross Profit Margin Operating Profit Margin
% %
7.0 3.5
5.9 5.9
6.0 5.6 5.5 3.0
5.3 5.2
5.0 2.5
2.0 1.9
4.0 2.0 1.8
3.0 1.5 1.2 1.3 1.2
2.0 1.0
1.0 0.5
0.0 0.0
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
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Non-Operating Income and Expense

	2016 Q2 2015 Q2 2016 H1 2015 H1 NT$ Million
	Other Income 228 537 558 1,135
	Other Gain (Loss) 304 124 365 285
	Foreign Exchange Gain (Loss) (646) (87) (958) (572)
	Finance Cost (131) (287) (195) (386)
	Share of the Profit or Loss of Associates and JV Accounted for Using the Equity Method (11) (19) (7) (30)
	(256) 268 (237) 432 Total Non-Operating Income and Expense

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Consolidated Balance Sheets

NT$ Million	2016/6/30	2015/12/31	2015/6/30
Cash	27,576	37,124	34,598
AccountsReceivable	59343	60364	52828
	,	,	,
Inventories	34,338	28,960	29,809
Other Current Assets	4,682	7,130	11,236
Non-Current Assets	46,040	42,169	44,173
Total Assets	171,979	175,747	172,644
Current Liabilities	105,112	98,772	107,387
Non-Current Liabilities	7,392	14,076	5,417
Total Liabilities	112,504	112,848	112,804
Total Equity	59,475	62,899	59,840

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Financial Ratio Analysis

	%	2016/6/30	2015/12/31	2015/6/30
	Current Ratio Quick Ratio Debt Ratio	119.8% 86.7% 65.4%	135.2% 104.4% 64.2%	119.6% 90.7% 65.3%

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http://www.inventec.com

iec@inventec.com

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THANK YOU!

Questions and Answers

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11