LTC — Interim / Quarterly Report 2017

Mar 13, 2018

4Q17 Earnings Conference 2006 IR Strategy

2018/2/27

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.

4Q17 Results

In NT Millions	4Q17	QoQ YoY 4Q16 3Q17
	Amount %	Amount % % Amount % %
Net Sales	54,160 100.0	55,992 100.0 -3 63,263 100.0 -14
COGS	46,969 86.7	49,127 87.7 -4 54,563 86.2 -14
Gross Profit	7,191 13.3	6,865 12.3 5 8,700 13.8 -17
Operating Expense	4,915 9.1	5,071 9.1 -3 4,381 6.9 12
Operating Profit	2,276 4.2	1,794 3.2 27 4,320 6.8 -47
Other Income/Expense	807 1.5	-6,506 -11.6 - -605 -1.0 -
Profit Before Tax	3,083 5.7	-4,712 -8.4 - 3,715 5.9 -17
Income Tax Benefit/ Exp.	-789 -1.5	1,313 2.3 - -1,138 -1.8 31
Non-Controlling Interest	-4 0.0	20 0.0 - -15 0.0 71
Profit Attributable to Parent	2,298 4.2	-3,419 -6.1 - 2,591 4.1 -11
After Tax EPS 0.99 (1.47) 1.11 Shares:(mm shares) 2,324 2,324 2,323	0.99

2017 Results

17 Results
In NT Millions	2017	YoY 2016
	Amount %	Amount % %
Net Sales	214,564 100.0	229,572 100.0 -7
COGS	186,855 87.1	198,313 86.4 -6
Gross Profit	27,710 12.9	31,258 13.6 -11
Operating Expense Operating Profit	19,366 9.0 8,344 3.9	18,549 8.1 4 12,709 5.5 -34 -66 0.0 - 12,643 5.5 -73
Other Income/Expense	-4,972 -2.3
Profit Before Tax	3,372 1.6
Income Tax Benefit/ Exp.	-740 -0.3	-3,270 -1.4 77
Non-Controlling Interest	2 0.0	-44 0.0 -
Profit Attributable to Parent	2,629 1.2	9,416 4.1 -72
After Tax EPS 1.13 4.05 Shares:(mm shares) 2,324 2,323	1.13

Other Incomes/Other Expenses

In NT$ Millions 4Q17 2017 Net Interest 195 762 168 568 FX Others 443 -6,303 Total OIOE 807 -4,972

Revenue Contribution by Segment

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4Q17 3Q17
Mobile Mobile
Mechanics & Mechanics &
Others Others
7% Opto- 6% Opto-
Storage electronics Storage electronics
15% 20% 16% 22%
Information
Information
Technologies
Technologies
58%
56%
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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Revenue by Segment

Revenue By Segment 4Q17 3Q17 QoQ Opto-electronics 10,839 12,318 -12% Information Technologies 31,295 31,249 0% Storage 8,301 8,734 -5% In NT Millions	Revenue By Segment 4Q17 3Q17 QoQ Opto-electronics 10,839 12,318 -12% Information Technologies 31,295 31,249 0% Storage 8,301 8,734 -5% In NT Millions	Revenue By Segment 4Q17 3Q17 QoQ Opto-electronics 10,839 12,318 -12% Information Technologies 31,295 31,249 0% Storage 8,301 8,734 -5% In NT Millions
	4Q17 10,839 31,295 8,301
Mobile Mechanics & Others	3,724	3,690 1%

Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	4Q17	3Q17 QoQ
Opto-electronics	431	(474) -
Information Technologies	1,634	1,981 -18%
Storage	613	986 -38%
Mobile Mechanics & Others	(220)	(469) 53%

Balance Sheet

In NT millions	4Q17		3Q17 4Q16
	Amount %		Amount % Amount %
Cash & Equivalent	57,784 30%		66,319 33% 65,208 31%
Accounts Receivable	52,038 27%		52,357 26% 60,829 29%
Inventories	28,313 15%		29,735 15% 26,757 13%
Current Assets	145,063 76%		154,136 77% 157,924 75%
Total Assets	189,996 100%		199,346 100% 210,857 100%
Short Term Debt	30,172 16%		32,881 16% 22,277 11%
Accounts Payable	56,153 30%		57,904 29% 64,140 30%
Current Liabilities	114,597 60%		119,093 60% 116,321 55%
Long Term Debt	0 0%		7,201 4% 12,039 6%
Total Liabilities	116,228 61%		127,853 64% 131,576 62%
Equities	73,767 39%		71,493 36% 79,280 38%
Key Indices Current Ratio (x) 1.27 Quick Ratio (x) 1.02 Net Cash (NT Millions) 27,612

Thank You!