INVENTEC — Interim / Quarterly Report 2016

Apr 21, 2017

Inventec Corporation and Subsidiaries 2016 Fourth 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	2015	YoY %
	Sales Revenue	428,466 100.0%	395,470 100.0%	8%
	Gross Profit	23,957 5.6%	21,705 5.5%	10%
	Operating Expense	15,773 3.7%	16,298 4.1%	-3%
	Operating Profit	8,184 1.9%	5,407 1.4%	51%
	Profit Before Income Tax	7,090 1.7%	7,184 1.8%	-1%
	Profit for the Period	4,971 1.2%	4,976 1.3%	0%
	Total Comprehensive Income	2,656 0.6%	4,730 1.2%	-44%
	Profit Attributable to
	Owners of the Parent	5,637 1.3%	5,564 1.4%
	Non-Controlling Interest	(666) -0.1%	(588) -0.1%
	TotalComprehensiveIncome
	Attributable to
	Owners of the Parent	3,334 0.8%	5,316 1.3%
	Non-Controlling Interest	(678) -0.2%	(586) -0.1%
	EPS (NT$)	1.57	1.55

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Consolidated Statements of Comprehensive Income

	NT$ Million	2016 Q4	2016 Q3	QoQ %	2015 Q4	YoY %
	Sales Revenue	113,118 100.0%	111,654 100.0%	1%	110,052 100.0%	3%
	Gross Profit	6,420 5.7%	5,891 5.3%	9%	5,777 5.2%	11%
	Operating Expense	4,067 3.6%	4,010 3.6%	1%	4,451 4.0%	-9%
	Operating Profit	2,353 2.1%	1,881 1.7%	25%	1,326 1.2%	77%
	Profit Before Income Tax	2,261 2.0%	1,115 1.0% 103%		1,213 1.1%	86%
	Profit for the Period	1,626 1.4%	677 0.6% 140%		870 0.8%	87%
	Total Comprehensive Income	1,328 1.2%	(296) -0.3% -549%		499 0.5% 166%
	Profit Attributable to
	Owners of the Parent	1,778 1.5%	1,213 1.1%		997 0.9%
	Non-Controlling Interest	(152) -0.1%	(536) -0.5%		(127) -0.1%
	TtlCmrhniInm
	oa opeesve coe Attributable to
	Owners of the Parent	1,483 1.3%	245 0.2%		627 0.6%
	Non-Controlling Interest	(155) -0.1%	(541) -0.5%		(128) -0.1%
	EPS (NT$)	0.49	0.34		0.28

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Consolidated Sales Revenue

Solar Related Handheld Device

PC, Server

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100%
2.7% 2.3% 3.4% 4.5% 3.8% 3.3% 3.0% 2.8%
90% 15.4% 11 8%. 12.4% 13.5% 11 8%. 10 9%. 10 9%.
19.2%
80%
70%
60%
50%
82.3% 84.8% 83.1% 82.7% 84.9% 86.1% 86.3%
40% 78.1%
30%
20%
10%
0%
16Q4 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
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Financial Trend Analysis

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Sales Revenue ratin Profit
Ope g
Unit: NT$ one hundred million
Unit: NT$ one hundred million
35
1,200 1,131 1,117 1,083
1,101 1,054
954 30
1,000 907 893
23.5
25
800 20.9
18.8 18.6
20
16.1
600
13.3 13.5
15
11.2
400
10
200
5
0
0
16Q4 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
16Q4 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
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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 5.7 5.5 5.6 3.0
5.3 5.2 5.3
5.0 2.5
2.1
1.9 2.0
4.0 2.0 1.8
1.7
3.0 1.5 1.2 1.3 1.2
2.0 1.0
1.0 0.5
0.0 0.0
16Q4 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1 16Q4 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
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Non-Operating Income and Expense

	NT$ Million	2016 Q4	2015 Q4	2016	2015
	Other Income	164	418	938	2,112
	Other Gain (Loss)	111	135	519	1,345
	Foreign Exchange Gain (Loss)	(147)	(487)	(1,927)	(669)
	Finance Cost	(215)	(132)	(599)	(914)
	Share of the Profit or Loss of
	Associates and JV Accounted for Using the Equity Method	(4)	(47)	(26)	(97)
	Total Non-Operating Income and Expense	(91)	(113)	(1,095)	1,777

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Consolidated Balance Sheets

NT$ Million	2016/12/31	2015/12/31
Cash	25,973	37,124
AccountsReceivable	71270	60364
	,	,
Inventories	31,935	28,960
Other Current Assets	7,615	7,130
Non-Current Assets	45,580	42,169
Total Assets	182,373	175,747
Current Liabilities	115,083	98,772
Non-Current Liabilities	6,783	14,076
Total Liabilities	121,866	112,848
Total Equity	60,507	62,899

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Financial Ratio Analysis

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% 2016/12/31 2015/12/31
Current Ratio 118.86% 135.24%
Quick Ratio 90.95% 104.37%
Debt Ratio 66.82% 64.21%
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http://www.inventec.com

iec@inventec.com

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THANK YOU!

Questions and Answers

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