AI assistant
LTC — Interim / Quarterly Report 2019
May 22, 2019
51997_rns_2019-05-22_612908a2-6e31-4720-9f89-99374f11483a.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
1Q19 Earnings Conference 2006 IR Strategy
2019/4/26
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.
1Q19 Results
| In NT Millions | 1Q19 | QoQ YoY 4Q18 1Q18 |
|---|---|---|
| Amount % |
Amount % % Amount % % |
|
| Net Sales | 41,173 100.0 |
50,469 100.0 -18 48,534 100.0 -15 |
| COGS | 35,767 86.9 |
43,703 86.6 -18 43,132 88.9 -17 |
| Gross Profit | 5,406 13.1 |
6,767 13.4 -20 5,402 11.1 0 |
| Operating Expense | 4,252 10.3 |
4,904 9.7 -13 4,615 9.5 -8 |
| Operating Profit | 1,155 2.8 |
1,863 3.7 -38 786 1.6 47 |
| Other Income/ Expense | 782 1.9 |
1,096 2.2 -29 651 1.3 20 |
| Profit Before Tax | 1,937 4.7 |
2,959 5.9 -35 1,438 3.0 35 |
| Income Tax Expense | 465 1.1 |
437 0.9 6 392 0.8 19 |
| Non-Controlling Interest | 7 0.0 |
1 0.0 905 4 0.0 64 |
| Profit Attributable to Parent | 1,465 3.6 |
2,521 5.0 -42 1,041 2.1 41 |
| After Tax EPS Shares:(mm shares) |
0.63 2,324 |
1.08 0.45 2,324 2,324 |
Other Incomes/Other Expenses
==> picture [296 x 161] intentionally omitted <==
----- Start of picture text -----
In NT$ Millions 1Q19
Net Interest 249
225
FX
Others 307
Total OIOE 782
----- End of picture text -----
Revenue Contribution by Segment
==> picture [694 x 399] intentionally omitted <==
----- Start of picture text -----
1Q19 1Q18
Mobile
Others
Mechanics &
5%
Opto- Others
Storage electronics 7% Opto-
14% 16% Storage electronics
16% 25%
Information
Information
Technologies
Technologies
65%
52%
LED Components & Lighting Products, Camera Modules and
Opto-electronics
Automotive 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 -----*
*Note: Mobile Mechanics Business has been disposed at the end of 4Q18.
Revenue by Segment
==> picture [592 x 248] intentionally omitted <==
----- Start of picture text -----
In NT Millions
Revenue By Segment 1Q19 1Q18 YoY
Opto-electronics 6,556 11,922 -45%
Information Technologies 26,645 25,427 5%
Storage 5,782 7,835 -26%
Mobile Mechanics & Others 2,189 3,350 -35%
----- End of picture text -----*
*Note: Mobile Mechanics Business has been disposed at the end of 4Q18.
Operating Profit by Segment
==> picture [593 x 248] intentionally omitted <==
----- Start of picture text -----
In NT Millions
OP by Segment 1Q19 1Q18 YoY
Opto-electronics 130 169 -23%
Information Technologies 1,510 723 109%
Storage 14 417 -97%
Mobile Mechanics & Others (167) (288) 42%
----- End of picture text -----*
*Note: Mobile Mechanics Business has been disposed at the end of 4Q18.
Balance Sheet
| In NT millions | 1Q19 | 4Q18 1Q18 |
|---|---|---|
| Amount % |
Amount % Amount % |
|
| Cash & Equivalent | 62,441 34% |
63,285 32% 61,406 32% |
| Accounts Receivable | 35,550 20% |
45,485 23% 49,105 26% |
| Inventories | 26,552 15% |
31,493 16% 28,293 15% |
| Current Assets | 141,238 77% |
157,985 80% 145,902 76% |
| Total Assets | 182,309 100% |
197,136 100% 191,193 100% |
| Short Term Debt | 24,758 14% |
30,087 15% 34,329 18% |
| Accounts Payable | 41,527 23% |
52,309 27% 52,591 28% |
| Current Liabilities | 102,128 56% |
120,612 61% 113,788 60% |
| Long Term Debt | 0 0% |
0 0% 0 0% |
| Total Liabilities | 104,848 58% |
122,458 62% 115,685 61% |
| Equities 77,461 42% 74,678 38% 75,508 39% Key Indices Current Ratio (x) 1.38 1.31 1.28 Quick Ratio (x) 1.12 1.06 1.03 Net Cash (NT Millions) 37,682 33,198 27,078 |
77,461 42% |