MERRY — Interim / Quarterly Report 2017

Nov 3, 2017

美律實業股份有限公司 2017 年第三季法人說明會

Presented by : Allen Huang Date : 2017.10.26

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2017 年第三季財務結算數字 ( 經會計師查核 )

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合併損益自結數

(NT$ Thousand)

會計項目	3Q2017	2Q2017		3Q2016	QoQ	YoY
營業收入	6,484,836	5,368,400		4,932,787	+20.80%	+31.46%
毛利率	16.84%	19.00%		22.89%	-2.16ppt	-6.05ppt
營業費用	(496,241)	(425,829)	(	500,578 )	+16.54%	-0.87%
營業利益率	9.19%	11.07%		12.74%	-1.88ppt	-3.55ppt
業外收支	140,829	73,145		512,097	92.53%	-72.50%
稅後淨利	615,223	540,317		916,479	13.86%	-37.87%
純益率	9.49%	10.06%		18.58%	0.57ppt	-9.09ppt
稅後每股盈餘	3.25	2.89		5.01	+12.46%	-35.13%

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2017第三季產品別營收比重

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Battery Others
2% 2%
Handsfree
Speaker
1%
20%
Entertainment
Handsfree
Entertainment Speaker
75% Battery
Others
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產品別營收比重

(%)

Speaker YoY: 51.85% ; QoQ:36.93%

Entertainment

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YoY: 27.61% ; QoQ:19.40% YoY: 51.85% ; QoQ:36.93%
77% 21% 20%
20%
76%
76% 20%
75%
19% 19%
74% 75% 75% 19%
73% 18% 18%
18%
72%
17%
71% 17%
70% 16%
3Q2016 2Q2017 3Q2017 3Q2016 2Q2017 3Q2017
Handsfree Battery
6% YoY: -45.38% ; QoQ:7.84%
YoY: -45.11% ; QoQ:-33.84%
3% 5%
2% 5%
2%
2% 4%
2%
3% 2%
1%
2%
1%
2%
1% 1%
0% 0%
3Q2016 2Q2017 3Q2017 3Q2016 2Q2017 3Q2017
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(%)

產品別營收比重

Entertainment

YoY: 27.61% ; QoQ:19.40%

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77%
76%
76%
76%
75%
■ Wired/Entertainment
75% 75% 75%
■ Wireless/Entertainment
74%
3Q2016 2Q2017 3Q2017
3Q2016 2Q2017 3Q2017
25% 23%
29%
71%
75% 77%
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(%)

產品別營收比重

Speaker

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21%
YoY: 51.85% ; QoQ:36.93%
20%
20%
19%
19%
18% 20%
■ Other 18% 19%
17%
■ NB&PC/Speaker Box 17% 18%
■ Mobile/Speaker Box 16%
3Q2016 2Q2017 3Q2017
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3Q2016 2Q2017
16% 16%
14% 14%
71% 70%
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3Q2017
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15%
47%
38%
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合併營業毛利率

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25.00%
22.35%
20.36%
22.89%
20.00%
19.00%
15.00%
16.84%
10.00%
5.00%
0.00%
3Q2016 2Q2017 3Q2017
consolidated Suzhou,Huizhou Plant
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合併營業費用

		合併營業費用
-50 50 150 250 350 450 550 ( NT$		million) YoY:-0.87% ; QoQ:16.54%
		77 69 81 218 163 185 205 195 231 501 426 496
		3Q2016 2Q2017 3Q2017 銷售費用 管理費用 研發費用 營業費用總金額

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合併營業利益

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( NT$ million) YoY:-5.18% ; QoQ:0.27%
640 15.20%
12.74%
630
11.07% 12.20%
620
9.19%
9.20%
610
600 629 6.20%
590
594 596 3.20%
580
570 0.20%
3Q2016 2Q2017 3Q2017
營業利益 營業利益率
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合併本期淨利

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( NT$ million) YoY:-32.87% ; QoQ:13.86%
1,000 18.58% 20.00%
900 18.00%
800 16.00%
700 14.00%
9.49%
600 10.06% 12.00%
500 10.00%
916
400 8.00%
300 615 6.00%
540
200 4.00%
100 2.00%
0 0.00%
3Q2016 2Q2017 3Q2017
本期淨利 本期淨利率
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10

合併每股盈餘

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( NT$ dollar)
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6
5.01
5
4
3.25
2.89
3
2
1
0
3Q2016 2Q2017 3Q2017
每股盈餘 5.01 2.89 3.25
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近期重大事件

• 本公司2017年9月11日臨時董事會重要決議：

• 為擴大電聲產品產能，滿足客戶需求，本公司擬在大陸地區投資創設新公司， 並與東莞立訊精密工業有限公司簽訂『合營企業合同』，約定雙方合資設立廣 東立訊美律電子有限公司。

• 廣東立訊美律電子有限公司預計設立時註冊資本為人民幣2億元、設址於廣東省 東莞市清溪鎮鐵松村，本公司出資人民幣9,800萬或等值美元，以取得49%股 權，出資額預計於2018/6/30前與2019/6/30前分二期繳納。該公司預計設置3席 董事與1席監事，並由本公司取得1席董事、1席監事。

• 預計投資效益：考量電聲產品需求快速成長，現有美律深圳廠及美律惠州廠所 剩產能有限。預計明年第一季東莞立訊美律電子有限公司的廠房，在占地面積 約120,000平方公尺的東莞立訊精密工業有限公司廠區內建置完成後，即可加入 投產，並規劃增加約一倍電聲產品產能。

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http://www.merry.com.tw

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