LTC — Interim / Quarterly Report 2014

Sep 9, 2014

2Q14 Earnings Conference 2006 IR Strategy

2014/08/12

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.

2Q14 Results

In NT Millions	2Q14	QoQ YoY 2Q13 1Q14
	Amount %	Amount % % Amount % %
Net Sales	58,234 100.0	51,742 100.0 13 50,009 100.0 16
COGS	50,366 86.5	45,320 87.6 11 42,599 85.2 18
Gross Profit	7,868 13.5	6,421 12.4 23 7,411 14.8 6
Operating Expense	5,502 9.4	5,022 9.7 10 4,998 10.0 10
Operating Profit	2,366 4.1	1,399 2.7 69 2,412 4.8 -2
Other Income/Expense	213 0.4	421 0.8 -49 480 1.0 -56
Profit Before Tax	2,579 4.4	1,820 3.5 42 2,892 5.8 -11
Income Tax Expenses	561 1.0	392 0.8 43 566 1.1 -1
Non-Controlling Interest	-13 0.0	1 0.0 - 87 0.2 -115
Profit Attributable to Parent	2,031 3.5	1,428 2.8 42 2,240 4.5 -9
After Tax EPS 0.88 0.62 0.98 Shares:(mm shares) 2,310 2,308 2,293	0.88

1H14 Results

4 Results
In NT Millions	1H14	YoY 1H13
	Amount %	Amount % %
Net Sales	109,976 100.0	96,778 100.0 13.6
COGS	95,687 87.0	82,484 85.2 16.0
Gross Profit	14,289 13.0	14,294 14.8 0.0
Operating Expense	10,524 9.6	9,914 10.2 6.2
Operating Profit	3,765 3.4	4,380 4.5 -14.0
Other Income/Expense	634 0.6	814 0.8 -22.1
Profit Before Tax	4,399 4.0	5,194 5.4 -15.3
Income Tax Expenses	952 0.9	1,077 1.1 -11.6
Non-Controlling Interest	-12 0.0	301 0.3 -
Profit Attributable to Parent	3,459 3.1	3,816 3.9 -9.4
After Tax EPS 1.50 1.66 Shares:(mm shares) 2,310 2,293	1.50

Other Incomes/ Other Expenses

In NT$Millions	2Q14	1H14
Net Interest FX Others	167 16 30	378 53 203
Total OIOE	213	634

Revenue Contribution by Segment

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LED Components & Lighting Products, Camera Modules and Automotive Opto-electronics Electronics Products used in Server, Networking Devices, NB, Tablets, DT and Information Technologies Multifunction Peripheral Storage Optical Disk Drives and Solid State Drives. Mobile Mechanics & Others Mechanical Products for Mobile Devices and Others

Revenue by Segment

In NT Millions

In NT Millions
Revenue By Segment	2Q14	2Q13 YoY
Opto-electronics	16,520	10,768 53%
Information Technologies	25,292	20,944 21%
Storage	9,905	9,690 2%
Mobile Mechanics & Others	6,517	8,606 -24%

Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	2Q14	2Q13 YoY
Opto-electronics	846	954 -11%
Information Technologies	1,839	1,267 45%
Storage	690	571 21%
Mobile Mechanics & Others	(729)	(234) -

Sequential Growth into 2H14

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----- Start of picture text -----

59,359
57,078 58,234
60,000
14.8% GP%
14.7% 51,742
50,009 14.6%
46,768 13.5%
50,000
13.3%
12.4%
40,000
OPEX%
10.5%
10.0%
9.7%
9.3%
30,000 8.9% 9.4%
20,000
5.3% 4.1% OP%
10,000
4.8%
4.2% 4.4% 2.7%
0
1Q13 2Q13 3Q13 4Q13 1Q14 2Q14
Million NT$
----- End of picture text -----

Note: 2013 Sales $213,214 M, GP 14.3%, OPEX 9.6%, OPM 4.7%, EPS 3.83

Balance Sheet

	2Q14	1Q14 2Q13
	Amount %	Amount % Amount %
Cash & Equivalent	55,491 27%	61,189 30% 57,893 29%
Accounts Receivable	49,393 24%	45,421 22% 42,615 21%
Inventories	30,588 15%	28,489 14% 22,602 11%
Current Assets	142,571 70%	142,502 70% 138,087 68%
Total Assets	204,661 100%	204,306 100% 202,726 100%
Short Term Debt	27,008 13%	26,043 13% 21,027 10%
Accounts Payable	54,565 27%	52,906 26% 48,314 24%
Current Liabilities	113,583 55%	106,568 52% 98,413 49%
Long Term Debt	13,567 7%	14,122 7% 25,633 13%
Total Liabilities	130,405 64%	124,032 61% 127,509 63%
Equities 74,256 36% 80,274 39% 75,217 37% Key Indices Current Ratio (x) 1.26 1.34 1.40 Quick Ratio (x) 1.00 1.07 1.17 Net Cash (NT Millions) 14,916 21,024 11,233	74,256 36%

Thank You