INVENTEC — Interim / Quarterly Report 2016

Jun 13, 2016

Inventec Corporation and Subsidiaries 2016 First 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	Q1 2016	Q1 2016	Q4 2015	Q4 2015	%	Q1 2015	Q1 2015	%
Sales Revenue	95,364	100.0%	110,052	100.0%	-13%	89,303	100.0%	7%
Gross Profit	5,645	5.9%	5,777	5.2%	-2%	5,266	5.9%	7%
OperatingExpense	3,780	4.0%	4,451	4.0%	-15%	3,660	4.1%	3%
Operating Profit	1,865	2.0%	1,326	1.2%	41%	1,606	1.8%	16%
Profit before income tax	1,884	2.0%	1,213	1.1%	55%	1,770	2.0%	6%
Profit for the period	1,365	1.4%	870	0.8%	57%	1,284	1.4%	6%
Total comprehensive Income	1,024	1.1%	499	0.5%	105%	1,071	1.2%	-4%
Profit Attributable to
Owners of the parent	1,231	1.3%	997	0.9%		1,453	1.6%
Non-controlling interest	134	0.1%	(127)	-0.1%		(169)	-0.2%
Total comprehensive Income
Attributable to
Owners of the parent	891	1.0%	627	0.6%		1,239	1.4%
Non-controlling interest	133	0.1%	(128)	-0.1%		(168)	-0.2%
EPS (NT$)	0.34		0.28			0.41

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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%
90% 10 9%. 10.9% 11.8%
13.5% 12.4%
80%
70%
60%
50%
86.3% 86.1% 84.9% 82.7% 83.1%
40%
30%
20%
10%
0%
15Q1 15Q2 15Q3 15Q4 16Q1
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Financial Trend Analysis

Sales Revenue

ratin Profit Ope g

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Unit: NT$ one hundred million
Unit: NT$ one hundred million
1,200 20 18.7
1,054.2 [1,100.5 ]
16.1
953.6
1,000 893.0 906.9
15 13.5 13.3
800
11.2
600 10
400
5
200
0
0
15Q1 15Q2 15Q3 15Q4 16Q1
15Q1 15Q2 15Q3 15Q4 16Q1
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Financial Trend Analysis

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ratin Profit Mar in
Gross Profit Margin Ope g g
% %
6.0 5.9 2.0 2.0
5.9
1.8
5.8
1.8
5.6
5.6
1.6
5.4 5.3
5.2
1.4
1.3
5.2
1.2
1.2
1.2
5.0
4.8 1 0.
15Q1 15Q2 15Q3 15Q4 16Q1 15Q1 15Q2 15Q3 15Q4 16Q1
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Non-Operating Income and Expense

NT$ Million	NT$ Million	Q1 2016	Q1 2016	Q4 2015	Q1 2015
	Other income	329		418	598
	Other gain (loss)		62	135	161
	Foreign exchange gain (loss)	(313)		(487)	(485)
	Finance cost	(63)		(132)	(99)
	Share of the profit or loss of
	associates and JV accounted		4	(47)	(11)
	for using the equity m ethod
Total Non-operating income and expense			19	(113)	164

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Consolidated Balance Sheets

NT$ Million	2016/3/31	2015/12/31	2015/3/31
Cash	24,596	37,124	36,274
Accounts Receivable	55,966	60,364	53,120
Inventories	35,069	28,960	32,042
Other Current Assets	5,310	7,130	9,900
Non-Current Assets	46,813	42,169	44,316
Total Assets	167,754	175,747	175,652
CurrentLiabilities	95,909	98,772	105,513
Non-Current Liabilities	8,083	14,076	4,643
Total Liabilities	103,992	112,848	110,156
Total Equity	63,762	62,899	65,496

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Financial Ratio Analysis

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2016/3/31 2015/12/31 2015/3/31
Current Ratio 126.1% 135.2% 124.5%
Quick Ratio 88.9% 104.4% 92.8%
Debt Ratio 62.0% 64.2% 62.7%
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Shareholders' Meeting and Earning Distribution

◎ 2016/03/22 Board of Directors approves 2016 Annual Shareholders' Meeting Date of the shareholders' meeting : at 9:00 a.m., Monday, June 20, 2016 Location for convening the shareholders‘ meeting : No.1, Sec. 4, Zhongshan N. Rd., Zhongshan District, Taipei City (Reception Hall of the Grand Hotel)

◎ 2016/04/26 Board of Directors proposes Year 2015 Earnings Distribution Cash Dividend : NT$1.40 per share

	NT$ EPS Cash Dividend Stock Dividend Dividend Payout Ratio	2015 2014 2013 1.55 1.98 1.97 1.40 1.75 1.60 - - - 90% 88% 81%

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http://www.inventec.com

iec@inventec.com

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THANK YOU!

Questions and Answers

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