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Primax — Interim / Quarterly Report 2018
Oct 31, 2018
52436_rns_2018-10-31_4f203688-4e37-4a08-b5e6-15ae357ae37d.pdf
Interim / Quarterly Report
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致伸科技 (4915 TT)
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3Q18 財報法說 31 Oct 2018
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3Q18 營運成果
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、 、 Record Q3 REVENUES GP EPS
| Amount：NTD M Net Sales COGS Gross Profit Gross Margin Operating Expense Operating Expense % Operating Income Operating Margin Non‐operating Items Income before Tax Income Tax Net Income Net Margin Net income attributed to Primax EPS (NT$) |
Q3 18 | Q2 18 | Q3 17 | QoQ | YoY 30.7% ‐1.3% 1 0% ‐ . 22.1% ‐0.3% ‐17.6% ‐4.3% ‐1.1% 7.4% |
|
|---|---|---|---|---|---|---|
| 19,608 | 14,798 | 14,997 | 32.5% | |||
| 17,266 | 13,081 1,716 |
13,016 1,981 |
||||
| 2342 | ||||||
| , | ||||||
| 11.9% | 11.6% | 13.2% | 0.3% | |||
| 1,610 | 1,320 8 9% . 396 2.7% 47 443 92 |
1,382 9 2% . 599 4.0% 292 891 249 |
0 7% ‐ . 84.6% 1.1% 65.8% |
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| 8 2% . 732 |
||||||
| 3.7% | ||||||
| 3 | ||||||
| 735 | ||||||
| 120 | ||||||
| 615 | 351 | 642 | 75.2% | |||
| 3.1% 665 |
2.4% 339 0.76 |
4.3% 619 1.40 |
0.8% 96.2% |
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| 1.50 | ||||||
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季營收
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Amount ： NTD M
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25,000
19,608
20,000 19,028
18,488
17 535,
14,997
14,798
15,000 13,835
12,881
11 884,
10,000
5,000
0
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
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營業毛利、營業毛利率
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Gross Profit
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Gross Margin
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Amount ： NTD M
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2,400 2,342
2,193
2,105 2,101
2,100
1 981,
1,783
1,800 1,716
1,615
1,500 1,460
1,200
900
600
300
0
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
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16.0%
15.0%
14.0%
12.9% 13.2%
13.0% 11.9% [12.0%] [12.5%] 12.3%
11.0% 11.6% 11.9%
12 0%.
11.0%
10.0%
9.0%
8.0%
7.0%
6.0%
5.0%
4.0%
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
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營業淨利、營業淨利率
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Operating Profit
Operating Margin
Amount ： NTD M
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8.0%
1,000
7.0%
900 842
6.0%
4.6%
800
732 5.0%
711 4.1% 4.1% [4.3%] 4.0%
700 3.7%
4.0%
592 599 2 7%.
2.5%
600 3.0% 2.1%
534
2.0%
500 475
1.0%
396
400
0.0%
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
300 244 ‐1.0%
200 ‐2 0%.
‐3.0%
100
‐4.0%
0
‐5.0%
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
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每股盈餘
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Amount ： NTD
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1.60
1.50
1.40
1.40
1.28 1.27
1.19
1 20.
1.05
1.00 0.95
0.80
0.76
0.80
0.60
0.40
0.20
0.00
3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18
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2018 年第三季資產負債表
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| Selected items from Balance Sheet (Amount：NTD M) Cash Notes and Accounts receivable Inventory Total Current Assets Fixed Assets Total Assets Notes and Accounts Payable S‐T Borrowings CPLTD Total Current Liabilities L‐T Borrowings Total Liabilities Total Equity |
Amt % 3,881 9% 2018/9/30 17,859 42% 7,838 18% 31,640 74% 4,968 12% |
Amt % 3,881 9% 2018/9/30 17,859 42% 7,838 18% 31,640 74% 4,968 12% |
Amt % 3,881 9% 2018/9/30 17,859 42% 7,838 18% 31,640 74% 4,968 12% |
Amt % 5,860 16% 2017/9/30 12,205 34% 7,087 20% 26,928 74% 4,535 13% 36,206 100% 14,386 40% 1,983 5% 136 0% 21,868 60% 83 0% 23,499 65% 12,706 35% 71 114 46 3 123.1 64.9 17.1% |
|
|---|---|---|---|---|---|
| 2018/9/30 | |||||
| Amt 3,881 17,859 7,838 31,640 4,968 |
% | ||||
| 9% 42% 18% 74% 12% |
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| 42,618 | 100% | ||||
| 18,505 2,366 67 26,481 234 |
43% 6% 0% 62% 1% |
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| 28,263 | 66% | ||||
| 14,354 | 34% | ||||
| Key Indices AR Turnover (days) AP Turnover (days) Inventory Turnover (days) Cash Conversion Cycle (days) Current Ratio (%) Total Liabilities‐to‐Assets Ratio (%) Return on Equity‐annualized (%) |
76 117 47 7 119.5 66.3 16.3% |
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2018 年第三季現金流量表
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| Amount：NTD M | Q3 18 YTD | Q3 17 YTD 524 2,161 1,122 1,849 (2,821) (142) (1,645) (1,488) (830) (606) 0 (52) 509 1,983 (382) (1 112) , 20 (455) (45) 6,360 5,860 |
|
|---|---|---|---|
| From Operation | (1,171) | ||
| ‐ Income before tax ‐ Depreciation and amortization ‐ Notes and Accounts receivable ‐ Notes and Accounts payable ‐ Inventory ‐ Other Operating Sources / (Uses) |
1,734 1,190 (4,388) 2,002 (801) (908) |
||
| From Investment | (2,177) | ||
| ‐ Fixed Assets ‐ Acquisition/sale of subsidiaries' shareholding ‐ Changes in Equity investments under equity method ‐ Other Investing Sources / (Uses) |
(1,275) 0 (982) 80 |
||
| From Financing | (376) | ||
| ‐ S‐T Borrowings ‐ L‐T Borrowings Cash Dividend ‐ ‐ Other Financing Sources / (Uses) |
1,173 (138) (1 430) , 20 |
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| Net Cash Position Change Effect of foreign currency exchange translation Cash at beginning of year |
(3,724) (216) 7,821 |
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| Ending Cash Balance | 3,881 | ||
| 8 |
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、
4Q18 2019 營運展望
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維持穩定獲利結構
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Tymphany 高階聲學及消費智能應用平衡發展 整體需求強勁
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2019 營收增長 優化獲利結構
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Tymphany 維持強勁成長動能 耳機營收佔比提高
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非手機市場 Camera 營收成長
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、
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光學 聲學技術結合產品
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Thank you!
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Note
All fi ures stated above are unaudited and sub ect to audit g j amendments Record Quarter Historical Record High
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Safe Harbor Notice
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We have made forward‐looking statements in the presentation. Our forward‐looking statements contain information regarding, among other things, our financial conditions, future expansion plans and business strategies. We have based these forward‐looking statements on our current expectations and projections about future events. Although we believe that these expectations and projections are reasonable, such forward‐looking statements are inherently subject to risks, uncertainties, and assumptions about us.
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We undertake no obligation to publicly update or revise any forward looking statements whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward‐looking events in the conference might not occur and our actual ‐
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results could differ materially from those anticipated in these forward looking statements .
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