LTC — Interim / Quarterly Report 2015

Aug 11, 2015

2Q15 Earnings Conference 2006 IR Strategy

2015/08/11

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.

2Q15 Results

In NT Millions	2Q15	1Q15		QoQ	2Q14		YoY
	Amount	% Amount	%	%	Amount	%	%
Net Sales	51,646	100.0 51,540	100.0	0	58,234	100.0	-11
COGS	45,183	87.5 45,079	87.5	0	50,367	86.5	-10
Gross Profit	6,463	12.5 6,462	12.5	0	7,868	13.5	-18
Operating Expense	4,868	9.4 4,752	9.2	2	5,502	9.4	-12
Operating Profit	1,595	3.1 1,709	3.3	-7	2,366	4.1	-33
Other Income/Expense	310	0.6 398	0.8	-22	213	0.4	46
Profit Before Tax	1,906	3.7 2,107	4.1	-10	2,579	4.4	-26
Income Tax Expenses	417	0.8 415	0.8	1	561	1.0	-26
Non-Controlling Interest	58	0.1 47	0.1	23	-13	0.0	-
Profit Attributable to Parent	1,431	2.8 1,646	3.2	-13	2,031	3.5	-30
After Tax EPS	0.62	0.71			0.87
Shares:(mm shares)	2,315	2,315			2,321

1H15 Results

15 Results
In NT Millions	1H15	1H14		YoY
	Amount %	Amount	%	%
Net Sales	103,187 100.0	109,976	100.0	-6
COGS	90,262 87.5	95,687	87.0	-6
Gross Profit	12,925 12.5	14,289	13.0	-10
Operating Expense	9,620 9.3	10,525	9.6	-9
Operating Profit	3,305 3.2	3,764	3.4	-12
Other Income/Expense	708 0.7	634	0.6	12
Profit Before Tax	4,013 3.9	4,398	4.0	-9
Income Tax Expenses	832 0.8	952	0.9	-13
Non-Controlling Interest	105 0.1	-13	0.0	-
Profit Attributable to Parent	3,076 3.0	3,459	3.1	-11
After Tax EPS	1.33	1.49
Shares:(mm shares)	2,315	2,321

Other Incomes/Other Expenses

In NT$Millions	1Q15 2Q15 1H15
Net Interest	168 136 305
FX	126 44 171
Others	103 130 233
Total OIOE	398 310 708

Revenue Contribution by Segment

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2Q15 1Q15
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Opto-electronics	LED Components & Lighting Products, Camera Modules and Automotive Electronics
Information Technologies	Products used in Server, Networking Devices, NB, Tablets, DT and Multifunction Peripheral
Storage	Optical Disk Drives and Solid State Drives.
Mobile Mechanics & Others	Mechanical Products for Mobile Devices and Others

Revenue by Segment

	Revenue By Segment 2Q15 1Q15 QoQ Opto-electronics 12,783 13,109 -2% Information Technologies 25,409 23,845 7% Storage 7,789 8,165 -5% Mobile Mechanics & Others 5,665 6,422 -12% In NT Millions
Total 51,646 51,540 0.2%

Operating Profit by Segment

In NT Millions
OP by Segment	2Q15 1Q15		QoQ
Opto-electronics	329	355	-7%
Information Technologies	1,563 1,290		21%
Storage	323	566	-43%
Mobile Mechanics & Others	(422) (269)		-57%

Balance Sheet

	2Q15	1Q15		2Q14
	Amount %	Amount	%	Amount	%
Cash & Equivalent	56,733 29%	58,701	29%	55,536	27%
Accounts Receivable	45,238 23%	45,145	23%	49,393	24%
Inventories	27,934 14%	28,554	14%	30,588	15%
Current Assets	136,454 69%	138,644	69%	142,571	70%
Total Assets	197,522 100%	199,752	100%	204,659	100%
Short Term Debt	21,714 11%	22,663	11%	27,008	13%
Accounts Payable	50,023 25%	52,873	26%	54,565	27%
Current Liabilities	103,309 52%	100,651	50%	113,583	55%
Long Term Debt	15,575 8%	15,850	8%	13,567	7%
Total Liabilities	122,086 62%	119,979	60%	130,390	64%
Equities	75,436 38%	79,773	40%	74,269	36%
Key Indices
Current Ratio (x)	1.32	1.38		1.26
Quick Ratio (x)	1.05	1.10		0.99
Net Cash (NT Millions)	19,443	20,188		14,961

Thank You