INVENTEC — Interim / Quarterly Report 2016

Mar 28, 2017

Inventec Corporation and Subsidiaries 2016 Third 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 Q1~Q3	2015 Q1~Q3	YoY %
	Sales Revenue	315,348 100.0%	285,418 100.0%	10%
	Gross Profit	17,538 5.6%	15,928 5.6%	10%
	OperatingExpense	11,706 3.8%	11,847 4.2%	-1%
	Operating Profit	5,832 1.8%	4,081 1.4%	43%
	Profit Before Income Tax	4,828 1.5%	5,971 2.1%	-19%
	Profit for the Period	3,346 1.1%	4,106 1.4%	-19%
	Total Comprehensive Income	1,329 0.4%	4,231 1.5%	-69%
	Profit Attributable to
	Owners of the Parent	3,859 1.3%	4,567 1.6%
	Non-Controlling Interest	(513) -0.2%	(461) -0.2%
	Total Comprehensive Income Attributable to
	Owners of the Parent	1,851 0.6%	4,689 1.7%
	Non-Controlling Interest	(522) -0.2%	(458) -0.2%
	EPS (NT$)	1.08	1.27

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Consolidated Statements of Comprehensive Income

	NT$ Million	2016 Q3	2016 Q2	QoQ %	2015 Q3	YoY %
	Sales Revenue	111,654 100.0%	108,331 100.0%	3%	105,423 100.0%	6%
	Gross Profit	5,891 5.3%	6,001 5.5%	-2%	5,603 5.3%	5%
	OperatingExpense	4,010 3.6%	3,916 3.6%	2%	4,247 4.0%	-6%
	Operating Profit	1,881 1.7%	2,085 1.9%	-10%	1,356 1.3%	39%
	Profit Before Income Tax	1,115 1.0%	1,829 1.7%	-39%	2,815 2.7% -60%
	Profit for the Period	677 0.6%	1,304 1.2%	-48%	1,891 1.8% -64%
	Total Comprehensive Income	(296) -0.3%	600 0.6% -149%		2,540 2.4% -112%
	Profit Attributable to
	Owners of the Parent	1,213 1.1%	1,414 1.3%		1,943 1.8%
	Non-Controlling Interest	(536) -0.5%	(110) -0.1%		(52) 0.0%
	Total Comprehensive Income Attributable to
	Owners of the Parent	245 0.2%	715 0.7%		2,590 2.4%
	Non-Controlling Interest	(541) -0.5%	(115) -0.1%		(50) 0.0%
	EPS (NT$)	0.34	0.40		0.54

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Consolidated Sales Revenue

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|||||||||
|---|---|---|---|---|---|---|---|
|Solar Related|Handheld Device|PC, Server|
|100%|
|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%|
|80%|
|70%|
|60%|
|50%|
|82.3%|84.8%|83.1%|82.7%|84.9%|86.1%|86.3%|
|40%|
|30%|
|20%|
|10%|
|0%|
|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 1,117 1,083 1,101
1,054
954 30
1,000 907 893
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
16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
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 5.5 5.6 3.0
5.3 5.2 5.3
5.0 2.5
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.
16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1 16Q3 16Q2 16Q1 15Q4 15Q3 15Q2 15Q1
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Non-Operating Income and Expense

	NT$ Million	2016 Q3 2015 Q3	2016 Q1~Q3	2015 Q1~Q3
	Other Income	217 559	774	1,694
	Other Gain (Loss)	42 925	408	1,210
	Foreign Exchange Gain (Loss)	(821) 390	(1,780)	(182)
	Finance Cost	(189) (396)	(383)	(782)
	Share of the Profit or Loss of
	Associates and JV Accounted for Using the Equity Method	(15) (20)	(22)	(50)
	Total Non-Operating Income and Expense	(766) 1,458	(1,003)	1,890

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Consolidated Balance Sheets

NT$ Million	2016/9/30	2015/12/31	2015/9/30
Cash	19,483	37,124	29,277
Accounts Receivable	67 756 ,	60 364 ,	65 571 ,
Inventories	35,198	28,960	37,437
Other Current Assets	4,863	7,130	13,374
Non-Current Assets	45,914	42,169	44,197
Total Assets	173,214	175,747	189,856
CurrentLiabilities	106 353	98 772	122 388
	,	,	,
Non-Current Liabilities	7,682	14,076	5,318
Total Liabilities	114,035	112,848	127,706
Total Equity	59,179	62,899	62,150

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Financial Ratio Analysis

	%	2016/9/30	2015/12/31	2015/9/30
	Current Ratio Quick Ratio Debt Ratio	119.70% 86.15% 65.83%	135.24% 104.37% 64.21%	119.01% 87.22% 67.26%

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http://www.inventec.com

iec@inventec.com

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THANK YOU!

Questions and Answers

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