Primax — Interim / Quarterly Report 2015

Dec 8, 2015

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致伸科技 (4915 TT) 2015 年第三季法人說明會

楊海宏執行長 李宜平財務長

2015 年 11 月 13 日

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2015 年第三季營運成果[單季營收、每股盈餘歷史新高]

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Amount ： NTD M Q3 15 Q2 15 Q3 14 QoQ YoY
Net Sales 17,783 14,540 13,622 22.3% 30.5%
COGS 15,799 12,994 11,996
Gross Profit 1,984 1,546 1,626
Gross Margin 11.2% 10.6% 11.9% 0.5% -0.8%
Operating Expense 1,342 1,153 1,104
Operating Expense % 7.5% 7.9% 8.1% -0.4% -0.6%
Operating Income 642 392 522 63.6% 23.0%
Operating Margin 3.6% 2.7% 3.8% 0.9% -0.2%
Non-operating Items 119 92 106
Income before Tax 761 485 628 57.0% 21.3%
Income Tax 224 95 130
Net Income 537 390 497 37.8% 8.0%
Net Margin 3.0% 2.7% 3.7% 0.3% -0.6%
Net income attributed to Primax 501 399 478
EPS (NT$) 1.15 0.91 1.10
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季營收

Amount ： NTD M

屢創新高

同期新高 歷史新高

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同期新高 歷史新高

營業毛利

Amount ： NTD M

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營業毛利率

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同期新高 歷史新高

營業淨利

Amount ： NTD M

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營業淨利率

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每股盈餘

同期新高 歷史新高

Amount ： NTD

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2015 年第三季資產負債表

5年第三季資產負	債表	債表
Selected items from Balance Sheet (Amount：NTD M) Cash Accounts receivable Inventory Total Current Assets Fixed Assets	2015/9/30			2014/9/30
	Amt 7,949 13,682 7,294 30,120 10,839	%		Amt % 6,779 23% 10,245 34% 4,667 16% 22,648 76% 7,021 24%
		20% 34% 18% 74% 26%
Total Assets	40,960	100%		29,669 100%
Accounts Payable S-T Borrowings CPLTD Total Current Liabilities L-T Borrowings	16,453 4,087 680 26,055 1,057	40% 10% 2% 64% 3%		11,503 38% 3,208 11% 600 2% 18,722 63% 900 3%
Total Liabilities Total Equity	28,668 12,292	70% 30%		20,036 68% 9,633 32%
Key Indices AR Turnover (days) AP Turnover (days) Inventory Turnover (days) Cash Conversion Cycle (days) Current Ratio (%) Total Liabilities -to-Assets Ratio (%)				62 82 36 17 121.0 67.5
	72
	95
	41
	18
	115.6
	70.0

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2015 年第三季現金流量表

	Amount：NTD M	Q3 15 YTD	Q3 14 YTD 1,553 1,622 896 (1,193) (156) 345 40 (2,884) (551) (2,330) (3) 3,288 2,143 1,420 (347) 10 62 1,957 36 4,787 6,779
	From Operation	1,840
	- Income before tax - Depreciation and amortization - Notes and Account receivable - Notes and Account payable - Inventory - Other Operating Sources / (Uses)	1,738 1,069 (2,611) 3,427 (2,289) 505
	From Investment	(1,347)
	- Fixed Assets - Acquisition of subsidiaries' shareholding - Other Investing Sources / (Uses)	(1,282) (39) (26)
	From Financing	584
	- S-T Borrowings - L-T Borrowings - Cash Dividend - Exercise of ESOP - Other Financing Sources / (Uses)	1,636 (203) (791) 17 (76) 1,077 58 6,814
	Net Cash Position Change Effect of foreign currency exchange translation Cash at beginning of year
	Ending Cash Balance	7,949

4Q15 & 2016 營運展望

• Q4 營收可望再創新高  產品組合方面： 電聲產品、電腦週邊產品比重增加 行動裝置及事務機器營收維持

• 2016 年營收將維持雙位數成長

• 更多相機模組、電聲產品、電競產品相關應用

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謝謝指教!

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免責聲明

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