LTC — Interim / Quarterly Report 2019

Mar 10, 2020

4Q19 Earnings Conference 2006 IR Strategy

February 26[th] , 2020

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.

4Q19 Results

In NT Millions	4Q19	QoQ YoY 3Q19 4Q18
	Amount %	Amount % % Amount % %
Net Sales	44,155 100.0	48,158 100.0 -8 50,469 100.0 -13
COGS	37,014 83.8	40,368 83.8 -8 43,703 86.6 -15
Gross Profit	7,141 16.2	7,790 16.2 -8 6,767 13.4 6
Operating Expense	4,571 10.4	4,543 9.4 1 4,904 9.7 -7
Operating Profit	2,571 5.8	3,247 6.7 -21 1,863 3.7 38
Other Income/ Expense	607 1.4	866 1.8 -30 1,096 2.2 -45
Profit Before Tax	3,177 7.2	4,113 8.5 -23 2,959 5.9 7
Income Tax Expense	752 1.7 18 0.0	987 2.1 -24 437 0.9 72 17 0.0 4 1 0.0 -
Non-Controlling Interest
Profit Attributable to Parent	2,407 5.5	3,109 6.5 -23 2,521 5.0 -5
After Tax EPS Shares (mm shares)	1.03 2,324	1.34 1.08 2,324 2,324

2019 Results

9 Results
In NT Millions	2019	YoY 2018
	Amount %	Amount % %
Net Sales	177,954 100.0	207,109 100.0 -14
COGS	150,617 84.6	180,007 86.9 -16
Gross Profit	27,338 15.4	27,102 13.1 1
Operating Expense	17,992 10.1	19,616 9.5 -8
Operating Profit	9,345 5.3	7,486 3.6 25
Other Income/ Expense	3,019 1.7	3,298 1.6 -8
Profit Before Tax	12,364 6.9	10,784 5.2 15
Income Tax Expense	2,958 1.7	2,817 1.4 5
Non-Controlling Interest	31 0.0	10 0.0 199
Profit Attributable to Parent	9,375 5.3	7,957 3.8 18
After Tax EPS Shares (mm shares)	4.03 2,324	3.42 2,324

Other Incomes/ Other Expenses

In NT$ Millions 4Q19 2019 Net Interest 260 1,052 198 895 FX Others 149 1,072 Total OIOE 607 3,019

Revenue Contribution by Segment

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4Q19 4Q18
Mobile
Others
Mechanics &
5%
Others
Storage Opto- Opto-
4%
8% electronics electronics
Storage
17% 15%
16%
Information
Information
Technologies
Technologies
70%
65%
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 * Other products not yet reaching quantitative thresholds
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*Note: Mobile Mechanics Business has been disposed of at the end of 4Q18.

Revenue by Segment

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In NT Millions
Revenue By Segment 4Q19 4Q18 YoY
Opto-electronics 7,314 7,339 0%
Information Technologies 30,881 32,803 -6%
Storage 3,736 8,132 -54%

Mobile Mechanics & Others 2,224 2,195 1%
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*Note: Mobile Mechanics Business has been disposed of at the end of 4Q18.

Operating Profit by Segment

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In NT Millions
OP by Segment 4Q19 4Q18 YoY
Opto-electronics 610 433 41%
Information Technologies 2,187 1,575 39%
Storage 333 430 -23%
Mobile Mechanics & Others (111) (215) 48%
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*Note: Mobile Mechanics Business has been disposed of at the end of 4Q18.

Balance Sheet

In NT millions	4Q19	3Q19 4Q18
	Amount %	Amount % Amount %
Cash & Equivalent	67,639 36%	64,489 34% 63,285 32%
Accounts Receivable	38,079 20%	44,590 23% 45,485 23%
Inventories	23,647 13%	25,013 13% 31,493 16%
Current Assets	146,853 79%	149,814 78% 157,985 80%
Total Assets	186,633 100%	191,131 100% 197,136 100%
Short Term Debt	30,434 16%	30,887 16% 30,087 15%
Accounts Payable	44,304 24%	46,831 25% 52,309 27%
Current Liabilities	109,398 59%	115,763 61% 120,612 61%
Long Term Debt	0 0%	0 0% 0 0%
Total Liabilities	111,991 60%	118,340 62% 122,458 62%
Equities 74,641 40% 72,791 38% 74,678 38% Key Indices Current Ratio (x) 1.34 1.29 1.31 Quick Ratio (x) 1.13 1.09 1.05 Net Cash (NT Millions) 37,205 33,601 33,198	74,641 40%

Thank You!