INX — Investor Presentation 2019

Nov 15, 2019

3Q 2019 Earning Results
November 2019

Disclaimer

Innolux Corporation’s statements of its current expectations and estimates are forward-looking statements subject to significant known and unknown risks and uncertainties and actual results may differ materially from those contained or implied in the forward-looking statements.  These forward-looking statements are not guarantees of future performance and therefore one should not place undue reliance on them.  Except as required by law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Statements of Comprehensive Income

Selected Items from Statements of Comprehensive Income

Notes:
Basic EPS = Net Income-Parent / Weighted Average of Outstanding Common Shares
Capital Stock (common): NT$99.5 billion as of September 30, 2019
EBITDA = Operating Income + Depreciation & Amortization
All figures are prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in TIFRS.

Consolidated Balance Sheet Highlights

Notes:
Short term debt = (short-term bank loan + current portion of long term loan)
Capital Stock (common): NT$99.5 billion; Book value per common stock: NT$ 24.31 as of September 30, 2019
Net debt to equity = (short term debt + long term debt – cash & short term investment) / total equity
All figures are unaudited, prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in T-IFRS

Sales Breakdown by Application

TV
Desktop
Mobile PC
Mobile & CP

Notes:
Mobile PC includes Notebook and Tablet panels.
Mobile & CP includes panels for mobile phone, automobile, industrial, medical, etc.
All figures are unaudited, prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in R.O.C. (TIFRS).

Sales Breakdown by Size

40”+
30 to <40”
<10”
20 to <30”
10 to <20”

Notes: All figures are unaudited, prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in R.O.C. (TIFRS).

Area Shipments and TFT LCD ASP Trends

Shipment
(‘000 m2)
TFT Panel ASP (US$ / m2)
TFT Panel

Notes:
Exchange rate based on the prevailing market rate at the end of each quarter
All figures are unaudited, prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in R.O.C. (TIFRS).

Small & Medium Panel Shipments and Sales Trends
Area Shipment (‘000 m2)
Shipment (Million Units)
TFT Panel Revenue (NT$ Billon)

Notes: All figures are unaudited, prepared by Innolux Corporation in accordance with the International Financial Reporting Standards as endorsed in R.O.C. (TIFRS).

Q&A