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LTC — Interim / Quarterly Report 2017
May 15, 2017
51997_rns_2017-05-15_b9f7b53a-43d5-4aa4-9ded-8239151813d6.pdf
Interim / Quarterly Report
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1Q17 Earnings Conference 2006 IR Strategy
2017/04/28
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.
1Q17 Results
| In NT Millions | 1Q17 | QoQ YoY 1Q16 4Q16 |
|---|---|---|
| Amount % |
Amount % % Amount % % |
|
| Net Sales | 51,352 100.0 |
63,263 100.0 -19 49,842 100.0 3 |
| COGS | 44,659 87.0 |
54,563 86.2 -18 43,250 86.8 3 |
| Gross Profit | 6,692 13.0 |
8,700 13.8 -23 6,592 13.2 2 |
| Operating Expense | 4,639 9.0 |
4,381 6.9 6 4,554 9.1 2 |
| Operating Profit | 2,053 4.0 |
4,320 6.8 -52 2,037 4.1 1 |
| Other Income/Expense | 420 0.8 |
-605 -1.0 - 192 0.4 119 |
| Profit Before Tax | 2,473 4.8 |
3,715 5.9 -33 2,229 4.5 11 |
| Income Tax Expenses | 625 1.2 |
1,138 1.8 -45 567 1.1 10 |
| Non-Controlling Interest | -135 -0.3 |
-15 0.0 - -47 -0.1 - |
| Profit Attributable to Parent | 1,982 3.9 |
2,591 4.1 -24 1,708 3.4 16 |
| After Tax EPS 0.85 1.11 0.74 Shares:(mm shares) 2,324 2,323 2,320 |
0.85 |
Other Incomes/Other Expenses
In NT$ Millions 1Q17 Net Interest 151 136 FX Others 134 Total OIOE 421
Revenue Contribution by Segment
==> picture [694 x 406] intentionally omitted <==
----- Start of picture text -----
1Q17 1Q16
Mobile Mobile
Mechanics & Mechanics &
Others Others
Opto-
Storage 7% Opto- 10% electronics
16% electronics 23%
Storage
27%
20%
Information
Information
Technologies
Technologis
50%
47%
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
----- End of picture text -----
Revenue by Segment
In NT Millions
| In NT Millions | ||
|---|---|---|
| Revenue By Segment | 1Q17 | 1Q16 YoY |
| Opto-electronics | 13,796 | 11,639 19% |
| Information Technologies | 25,525 | 23,469 9% |
| Storage | 8,503 | 9,934 -14% |
| Mobile Mechanics & Others | 3,527 | 4,800 -27% |
Operating Profit by Segment
| In NT Millions | In NT Millions | In NT Millions |
|---|---|---|
| OP by Segment | 1Q17 | 1Q16 YoY |
| Opto-electronics | 517 | 414 25% |
| Information Technologies | 1,565 | 1,609 -3% |
| Storage | 685 | 740 -7% |
| Mobile Mechanics & Others | (523) | (478) -9% |
Balance Sheet
| In NT millions | 1Q17 | 4Q16 1Q16 |
|---|---|---|
| Amount % |
Amount % Amount % |
|
| Cash & Equivalent | 64,131 33% |
65,208 31% 62,477 32% |
| Accounts Receivable | 48,404 25% |
60,829 29% 43,459 22% |
| Inventories | 25,697 13% |
26,757 13% 27,570 14% |
| Current Assets | 143,460 74% |
157,924 75% 139,783 71% |
| Total Assets | 194,876 100% |
210,857 100% 197,207 100% |
| Short Term Debt | 24,845 13% |
22,277 11% 21,766 11% |
| Accounts Payable | 53,232 27% |
64,140 30% 50,195 25% |
| Current Liabilities | 106,925 55% |
116,321 55% 99,217 50% |
| Long Term Debt | 7,209 4% |
12,039 6% 13,844 7% |
| Total Liabilities | 116,931 60% |
131,576 62% 116,774 59% |
| Equities | 77,945 40% |
79,280 38% 80,433 41% |
| Key Indices Current Ratio (x) 1.34 1.36 1.41 Quick Ratio (x) 1.10 1.14 1.13 Net Cash (NT Millions) 32,077 30,892 26,868 |