LTC — Interim / Quarterly Report 2013

Aug 12, 2013

2Q13 Earnings Conference 2006 IR Strategy

August 12, 2013

Safe Harbor Notice

● Lite-On Technology’s statement of its current expectations are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward-looking statements.

• The numbers of the presentation are prepared under IFRS.

2Q13 Results

2Q13 Results	2Q13 Results	2Q13 Results	2Q13 Results	2Q13 Results	2Q13 Results	2Q13 Results
In NT Millions QoQ YoY 2Q13 2Q12 1Q13
	2Q13
	Amount %	Amount % % Amount % %
Net Sales	50,009 100.0	46,768 100.0 6.9 55,070 100.0 -9.2
COGS	42,599 85.2	39,884 85.3 6.8 47,195 85.7 -9.7
Gross Profit	7,411 14.8	6,884	14.7	7.6 7,875	14.3	-5.9
Operating Expense	4,998 10.0	4,915 10.5 1.7 5,085 9.2 -1.7
Operating Profit	2,412 4.8	1,968	4.2	22.6 2,790 5.1 -13.6
Other Income/Expense	480 1.0	334 0.7 43.8 302 0.5 59.0
Profit Before Tax	2,892 5.8	2,302	4.9	25.7 3,092	5.6	-6.5
Income Tax Expenses	566 1.1	511 1.1 10.8 652 1.2 -13.1
Non-Controlling Interest	87 0.1	214 0.5 -59.5 550 1.0 -84.2
Profit Attributable to Parent	2,240 4.5	1,577	3.4	42.0 1,890	3.4	18.5
After Tax EPS 0.98 0.70 0.83 Shares:(mm shares) 2,282 2,267 2,263	0.98

1H13 Performance

In NT Millions	1H13	YoY 1H12	YoY 1H12	YoY 1H12	YoY 1H12	YoY 1H12
	Amount %	Amount % %
Net Sales	96,778 100.0	107,680 100.0 -10.1
COGS	82,484 85.2	92,790 86.2 -11.1
Gross Profit	14,294 14.8	14,891	13.8		-4.0
Operating Expense	9,914 10.2	10,008 9.3 -0.9
Operating Profit	4,380 4.5	4,883	4.5		-10.3
Other Income/Expense	814 0.8	381 0.4 113.9
Profit Before Tax	5,194 5.4	5,263		4.9		-1.3
Income Tax Expenses	1,077 1.1	1,219 1.1 -11.7
Non-Controlling Interest	301 0.3	940 0.9 -68.0
Profit Attributable to Parent	3,816 3.9	3,104	2.9		22.9
After Tax EPS 1.67 1.36 Shares:(mm shares) 2,282 2,267	1.67

Other Incomes/Other Expenses

In NT$ Millions	2Q13	1H13
Net Interest FX Others	116 3 361	262 150 402
Total OIOE	480	814

Revenue Contribution by Segment

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Optoelectronicss Optoelectronicss
& &
Storage
Storage Communications Communications
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Optoelectronics & Communications Optoelectronics, Camera Modules, handheld Casing and mechanical products

Information Technology Products Products used in NB, DT, Tablets, servers, networking and MFP

Storage Optical disk drives and solid state drives.

Others

LED application-LED traffic signals, street lights, general illuminations and automotive electronics. Green energy products and services.

Revenue by Segment

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In NT Millions
Revenue By Segment 2Q13 1Q13 QoQ
Optoelectronics & Communications 14,926 15,156 -2%
Information Technology 20,940 18,482 13%
Storage 11,065 10,326 7%
Others 3,078 2,805 10%
Total 50,009 46,768 7%
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PAT by Segment

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In NT Millions
Profit After Tax By Segment 2Q13 1Q13 QoQ
Optoelectronics & Communications 867 735 18%
Information Technology 1,504 1,184 27%
Storage 520 433 20%
Others (565) (561) -1%
Total 2,326 1,791 30%
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*Note: PAT numbers in Other Segment included employee bonus expenses, ~ 15% of PBT.

Profitable growth with margin expansion

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GP%
60,000 55,070 55,469 14.8%
52,610 52,897 14.7%
50,009
14.3% 14.3% 14.6%
50,000 13.3% 46,768
OPEX%
40,000
10.0%
10.5%
9.2%
30,000 9.3% 9.2%
8.7%
OP%
20,000
4.8%
5.6% 4.2%
5.4%
5.1%
10,000
4.0%
0
1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Note: 2012 Revenue $216,047 M NTD, GP 14.1%, OPEX 9.1%, OPM 5.0% P. 8
Million NT$
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Balance Sheet

In NT Millions	2Q13	1Q13 2Q12
	Amount %	Amount % Amount %
Cash & Equivalent	57,893 29%	54,398 28% 51,961 26%
Accounts Receivable	42,615 21%	39,930 20% 42,930 21%
Inventories	22,602 11%	21,252 11% 22,389 11%
Current Assets	138,087 68%	131,313 67% 133,611 67%
Total Assets	202,726 100%	195,532 100% 199,794 100%
Short Term Debt	21,027 10%	18,055 9% 9,475 5%
Accounts Payable	48,314 24%	47,899 24% 50,273 25%
Current Liabilities	98,413 49%	87,189 45% 88,668 44%
Long Term Debt	25,633 13%	27,256 14% 23,283 12%
Total Liabilities	127,509 63%	117,606 60% 115,042 58%
Equities 75,217 37% 77,926 40% 84,751 42% Key Indices Current Ratio (x) 1.40 1.51 1.51 Quick Ratio (x) 1.17 1.26 1.25 Net Cash (NT Millions) 11,233 9,087 19,203	75,217 37%

Thank You!