LTC — Interim / Quarterly Report 2016

Feb 24, 2017

4Q16 Earnings Conference 2006 IR Strategy

2017/02/24

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.

4Q16 Results

In NT Millions	4Q16	QoQ YoY 4Q15 3Q16
	Amount %	Amount % % Amount % %
Net Sales	63,263 100.0	62,678 100.0 1 57,745 100.0 10
COGS	54,563 86.2	53,533 85.4 2 49,751 86.2 10
Gross Profit	8,700 13.8	9,144 14.6 -5 7,994 13.8 9
Operating Expense	4,381 6.9	5,172 8.3 -15 5,077 8.8 -14
Operating Profit	4,320 6.8	3,972 6.3 9 2,917 5.1 48
Other Income/Expense	-605 -1.0	177 0.3 - 540 0.9 -
Profit Before Tax	3,715 5.9	4,149 6.6 -10 3,456 6.0 7
Income Tax Expenses	1,138 1.8	971 1.5 17 986 1.7 15
Non-Controlling Interest	-15 0.0	4 0.0 - -38 -0.1 -
Profit Attributable to Parent	2,591 4.1	3,175 5.1 -18 2,508 4.3 3
After Tax EPS 1.11 1.37 1.08 Shares:(mm shares) 2,323 2,323 2,320	1.11

2016 Results

6 Results
In NT Millions	2016	YoY 2015
	Amount %	Amount % %
Net Sales	229,572 100.0	216,929 100.0 6
COGS	198,313 86.4	188,788 87.0 5
Gross Profit	31,258 13.6	28,141 13.0 11
Operating Expense	18,549 8.1	19,488 9.0 -5
Operating Profit	12,709 5.5	8,653 4.0 47
Other Income/Expense	-66 0.0	1,354 0.6 -
Profit Before Tax	12,643 5.5	10,007 4.6 26
Income Tax Expenses	3,270 1.4	2,694 1.2 21
Non-Controlling Interest	-44 0.0	90 0.0 -
Profit Attributable to Parent	9,416 4.1	7,223 3.3 30
After Tax EPS 4.05 3.10 Shares:(mm shares) 2,323 2,332	4.05

Other Incomes/Other Expenses

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Revenue Contribution by Segment

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4Q16 4Q15
Mobile Mobile
Mechanics & Mechanics &
Others Others
Opto-
7% 10%
Storage Opto- electronics
18% electronics Storage 24%
26% 16%
Information
Information
Technologies
Technologis
49%
50%
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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	In NT Millions
Revenue By Segment	4Q16	4Q15 YoY
Opto-electronics	16,370	13,762 19%
Information Technologies	31,173	28,667 9%
Storage	11,090	9,330 19%
Mobile Mechanics & Others	4,629	5,986 -23%

Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	4Q16	4Q15 YoY
Opto-electronics	859	663 30%
Information Technologies	2,134	2,077 3%
Storage	1,523	846 80%
Mobile Mechanics & Others	(39)	(266) 85%

Annual Revenue Contribution by Segment

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2016 2015
Mobile Mobile
Mechanics & Mechanics &
Others Others
8% Opto- 11% Opto-
Storage electronics Storage electronics
24% 24%
19% 16%
Information Information
Technologies Technologies
49% 49%
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
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Annual Revenue by Segment

In NT Millions	In NT Millions	In NT Millions
Revenue By Segment	2016	2015 YoY
Opto-electronics	54,641	53,161 3%
Information Technologies	111,819	105,900 6%
Storage	44,387	34,201 30%
Mobile Mechanics & Others	18,726	23,667 -21%

Annual Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	2016	2015 YoY
Opto-electronics	2,790	1,916 46%
Information Technologies	7,626	6,887 11%
Storage	4,255	2,219 92%
Mobile Mechanics & Others	(1,161)	(1,301) 11%

Balance Sheet

In NT millions	4Q16		3Q16 4Q15
	Amount %		Amount % Amount %
Cash & Equivalent	65,208 31%		69,568 33% 65,502 31%
Accounts Receivable	60,829 29%		54,873 26% 50,080 24%
Inventories	26,757 13%		29,299 14% 28,826 14%
Current Assets	157,924 75%		159,139 75% 150,313 72%
Total Assets	210,857 100%		213,018 100% 209,654 100%
Short Term Debt	22,277 11%		30,565 14% 22,467 11%
Accounts Payable	64,140 30%		60,417 28% 58,225 28%
Current Liabilities	116,321 55%		119,279 56% 109,831 52%
Long Term Debt	12,039 6%		13,193 6% 16,356 8%
Total Liabilities	131,576 62%		135,586 64% 129,970 62%
Equities	79,280 38%		77,432 36% 79,684 38%
Key Indices Current Ratio (x) 1.36 1.33 1.37 Quick Ratio (x) 1.13 1.10 1.11 Net Cash (NT Millions) 30,892 25,809 26,679

Thank You