LTC — Interim / Quarterly Report 2018

Mar 19, 2019

4Q18 Earnings Conference 2006 IR Strategy

2019/2/26

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.

4Q18 Results

In NT Millions	4Q18	QoQ YoY 3Q18 4Q17
	Amount %	Amount % % Amount % %
Net Sales	50,469 100.0	53,397 100.0 -5 54,160 100.0 -7
COGS	43,703 86.6	44,977 84.2 -3 46,969 86.7 -7
Gross Profit	6,767 13.4	8,420 15.8 -20 7,191 13.3 -6
Operating Expense	4,904 9.7	5,094 9.5 -4 4,915 9.1 0
Operating Profit	1,863 3.7	3,326 6.2 -44 2,276 4.2 -18
Other Income/ Expense	1,096 2.2	702 1.3 56 807 1.5 36
Profit Before Tax	2,959 5.9	4,029 7.5 -27 3,083 5.7 -4
Income Tax Expense	437 0.9	1,351 2.5 -68 789 1.5 -45
Non-Controlling Interest	1 0.0	39 0.1 -98 -4 0.0 -
Profit Attributable to Parent	2,521 5.0	2,639 4.9 -4 2,298 4.2 10
After Tax EPS Shares:(mm shares)	1.08 2,324	1.14 0.99 2,324 2,324

2018 Results

8 Results
In NT Millions	2018	YoY 2017
	Amount %	Amount % %
Net Sales	207,109 100.0	214,564 100.0 -3
COGS	180,007 86.9	186,855 87.1 -4
Gross Profit Operating Expense Operating Profit	27,102 13.1 19,616 9.5 7,486 3.6	27,710 12.9 -2 19,366 9.0 1 8,344 3.9 -10 -4,972 -2.3 - 3,372 1.6 220
Other Income/ Expense	3,298 1.6
Profit Before Tax	10,784 5.2
Income Tax Expense	2,817 1.4	740 0.3 280
Non-Controlling Interest Profit Attributable to Parent After Tax EPS Shares:(mm shares)	10 0.0 7,957 3.8 3.42 2,324	2 0.0 470 2,629 1.2 203 1.13 2,324

Other Incomes/Other Expenses

In NT$ Millions 4Q18 2018 Net Interest 224 835 203 841 FX Others 669 1,623 Total OIOE 1,096 3,298

Revenue Contribution by Segment

==> picture [581 x 279] intentionally omitted <==

----- Start of picture text -----

4Q18 3Q18
Mobile Mobile
Mechanics & Mechanics &
Others Opto- Others Opto-
4% electronics 5% electronics
Storage
15% 15%
16% Storage
18%
Information
Information
Technologies
Technologies
62%
65%
----- End of picture text -----

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

==> picture [609 x 249] intentionally omitted <==

----- Start of picture text -----

In NT Millions
Revenue By Segment 4Q18 3Q18 QoQ
Opto-electronics 7,339 7,973 -8%
Information Technologies 32,803 32,937 0%
Storage 8,132 9,681 -16%
Mobile Mechanics & Others 2,195 2,806 -22%
----- End of picture text -----

Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	4Q18	3Q18 QoQ
Opto-electronics	433	751 -42%
Information Technologies	1,575	2,476 -36%
Storage	430	887 -52%
Mobile Mechanics & Others	(215)	(387) 45%

Balance Sheet

In NT millions	4Q18	3Q18 4Q17
	Amount %	Amount % Amount %
Cash & Equivalent	63,285 32%	64,152 31% 57,784 30%
Accounts Receivable	45,485 23%	48,631 23% 52,038 27%
Inventories	31,493 16%	32,983 16% 28,313 15%
Current Assets	157,985 80%	168,865 81% 145,063 76%
Total Assets	197,136 100%	208,765 100% 189,996 100%
Short Term Debt	30,087 15%	36,201 17% 30,172 16%
Accounts Payable	52,309 27%	58,420 28% 56,153 30%
Current Liabilities	120,612 61%	135,674 65% 114,597 60%
Long Term Debt	0 0%	0 0% 0 0%
Total Liabilities	122,458 62%	137,465 66% 116,228 61%
Equities 74,678 38% 71,300 34% 73,767 39% Key Indices Current Ratio (x) 1.31 1.24 1.27 Quick Ratio (x) 1.05 1.01 1.02 Net Cash (NT Millions) 33,198 27,952 27,612	74,678 38%

Thank You!