ITE — Interim / Quarterly Report 2020

Aug 10, 2020

ITE Tech. Inc.?Management Report 2020-H1

Statements of Comprehensive Income

(In thousands of NT dollars)	2020(1/1~6/30)	2019(1/1~6/30)	YoY
Net sales revenue	2,000,075	1,612,998	24.00%
Cost of goods sold	961,025	747,743	28.52%
Gross profit	1,039,050	865,255	20.09%
Gross Profit Margin (%)	51.95%	53.64%
Operating expenses	617,126	599,929	2.87%
Operating income	421,924	265,326	59.02%
Operating Profit Margin (%)	21.09%	16.45%
Non-operating income(expenses)	7,398	14,227
Income before income taxes	429,322	279,553
Income tax expense	68,282	56,137
Net income	361,040	223,416	61.60%
Net income attributable to :Stockholders of the parent	361,047	223,599
Net Profit Margin (%)	18.05%	13.85%
Basic Earnings Per Share(In NT$)	2.26	1.41

Notes:

Statements of Comprehensive income- Quarter

2020

2019
| (In thousands of NT dollars) | Q1 | Q2 | Q3 | Q4 | Q1~Q2 | Q1~Q3 | Q1~Q4 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Net sales revenue | 844,362 | 1,155,713 | | | 2,000,075 | | |
| Gross profit | 439,142 | 599,908 | | | 1,039,050 | | |
| Gross Profit Margin (%) | 52.01% | 51.91% | | | 51.95% | | |
| Operating income | 151,737 | 270,187 | | | 421,924 | | |
| Net income | 125,955 | 235,085 | | | 361,040 | | |
| Net income attributable to :Stockholders of the parent | 125,955 | 235,092 | | | 361,047 | | |
| Basic Earnings Per Share(In NT$) | 0.79 | 1.47 | | | 2.26 | | |
| (In thousands of NT dollars) | Q1 | Q2 | Q3 | Q4 | Q1~Q2 | Q1~Q3 | Q1~Q4 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Net sales revenue | 734,363 | 878,635 | 1,070,653 | 981,259 | 1,612,998 | 2,683,651 | 3,664,910 |
| Gross profit | 391,740 | 473,515 | 555,138 | 505,499 | 865,255 | 1,420,393 | 1,925,892 |
| Gross Profit Margin (%) | 53.34% | 53.89% | 51.85% | 51.52% | 53.64% | 52.93% | 52.55% |
| Operating income | 92,838 | 172,488 | 222,133 | 178,335 | 265,326 | 487,459 | 665,794 |
| Net income | 80,698 | 142,718 | 180,021 | 134,629 | 223,416 | 403,437 | 538,066 |
| Net income attributable to :Stockholders of the parent | 80,805 | 142,794 | 180,970 | 134,771 | 223,599 | 404,569 | 539,340 |
| Basic Earnings Per Share(In NT$) | 0.51 | 0.90 | 1.13 | 0.84 | 1.41 | 2.54 | 3.38 |