INVENTEC — Interim / Quarterly Report 2020

Jan 6, 2021

Inventec Corporation and Subsidiaries 2020 Third Quarter Investor Conference

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Consolidated Statements of Comprehensive Income

NT$ Million	2020 Year-to-Q3	2019 Year-to-Q3	YoY %
Sales Revenue	382,817 100.0%	371,375 100.0%	3%
Gross Profit	16,081 4.2%	16,637 4.5%	-3%
Operating Expense	12,269 3.2%	12,217 3.3%	0%
Operating Profit	3,812 1.0%	4,420 1.2%	-14%
Non Operating Income and Expenses	5,719 1.5%	433 0.1% 1221%
Profit Before Income Tax	9,531 2.5%	4,853 1.3% 96%
Profit for the Period	6,198 1.6%	3,545 1.0% 75%
Total Comprehensive Income	6,516 1.7%	3,896 1.0% 67%
Profit Attributable to
Owners of the Parent	6,623 1.7%	4,125 1.2%
Non-Controlling Interest	(425) -0.1%	(580) -0.2%
Total Comprehensive Income Attributable to
Owners of the Parent	6,944 1.8%	4,484 1.2%
Non-Controlling Interest	(428) -0.1%	(588) -0.2%
EPS (NT$)	1.85	1.15

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Consolidated Statements of Comprehensive Income

NT$ Million	2020 Q3	2020 Q2	QoQ %	2019 Q3	YoY %
Sales Revenue	145,380 100.0%	148,758 100.0%	-2%	128,708 100.0%	13%
Gross Profit	5,851 4.0%	6,034 4.1%	-3%	6,016 4.7%	-3%
Operating Expense	4,322 2.9%	4,004 2.7%	8%	4,133 3.2%	5%
Operating Profit	1,529 1.1%	2,030 1.4%	-25%	1,883 1.5%	-19%
Non Operating Income and Expenses	765 0.5%	42 0.0% 1721%		(381) -0.3% -301%
Profit Before Income Tax	2,294 1.6%	2,072 1.4% 11%		1,502 1.2% 53%
Profit for the Period	1,744 1.2%	1,519 1.0% 15%		1,005 0.8% 74%
Total Comprehensive Income	2,037 1.4%	1,515 1.0% 34%		706 0.5% 189%
Profit Attributable to
Owners of the Parent	1,931 1.3%	1,659 1.1%		1,064 0.8%
Non-Controlling Interest	(187) -0.1%	(140) -0.1%		(59) 0.0%
Total Comprehensive Income Attributable to
Owners of the Parent	2,217 1.5%	1,663 1.1%		777 0.6%
Non-Controlling Interest	(180) -0.1%	(148) -0.1%		(71) -0.1%
EPS (NT$)	0.54	0.46		0.30

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Non-Operating Income and Expense

NT$ Million	2020 Q3	2019 Q3	2020 Year-to-Q3	2019 Year-to-Q3
Interest Income	272	386	857	1,007
Other Income	86	125	217	243
Foreign Exchange and Financial Assets (Liabilities) Measurement Gain (Loss) (Note)	332	(542)	(152)	(297)
Other Gains and Losses	347	158	5,657	870
Finance Cost	(269)	(498)	(846)	(1,373)
Share of the Profit or Loss of Associates and JV Accounted for Using the Equity Method	(3)	(10)	(14)	(17)
Total Non-Operating Income and Expense	765	(381)	5,719	433

Note: These amounts include foreign exchange gain (loss) and net gains (losses) on financial assets (liabilities) measured at fair value through profit or loss(Nonstock).

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Consolidated Balance Sheets

NT$ Million	2020/9/30	2019/12/31	2019/9/30
Cash	26,707	18,953	26,331
Current financial assets at fair value through profit or loss	2,516	3,959	2,751
Accounts Receivable	107,526	88,491	89,230
Inventories	46,678	37,346	46,519
Other Current Assets	6,960	3,419	3,540
Non-Current Assets	41,222	40,925	37,609
Total Assets	231,609	193,093	205,980
Short-term borrowings	40,634	25,167	33,782
Accounts payable	87,216	71,343	77,008
Other Current Liabilities	36,314	30,536	30,384
Non-Current Liabilities	9,460	9,076	8,525
Total Liabilities	173,624	136,122	149,699
Total Equity	57,985	56,971	56,281

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

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THANK YOU!

Questions and Answers

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