Silitech — Interim / Quarterly Report 2018

Nov 28, 2018

2018 3Q Investors Conference Silitech Technology Corp.

2018/11/28

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Safe Harbor Notice
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 Silitech’s statements of its current expectations are forwardlooking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward- looking statements.

• The financial numbers hereby are based on International Financial Reporting Standards (IFRSs)

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3Q18 Results	3Q18 Results	3Q18 Results
In NT Millions	3Q18	2Q18 QoQ 3Q17 YoY
	Amount %	Amount % % Amount % %
Net Sales	651 100.0	487 100.0 34 664 100.0 -2
COGS	556 85.3	465 95.5 19 570 85.9 -3
Gross Profit	96 14.7	22 4.5 337 93 14.1 2
Operating Expense	108 16.7	114 23.3 -4 111 16.8 -3
Operating Loss	-13 -2.0	-92 -18.8 86 -18 -2.7 28
Other Income / Expense	52 8.0	31 6.6 67 31 4.7 68
Profit(Loss) Before Tax	39 6.0	-61 -12.2 164 13 2.0 199
Income Tax Expense	9 1.6	7 1.6 30 3 0.4 173
Profit(Loss) After Tax	30 4.4	-68 -13.8 144 10 1.6 209
EPS	0.17	-0.38 0.05
Shares：(mm shares)	179	179 179

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In NT Millions 9M18 9M17 YoY Amount % Amount % % Net Sales 1,649 100.0 1,701 100.0 -3 COGS 1,455 88.2 1,484 87.2 -2 Gross Profit 194 11.8 217 12.8 -11 Operating Expense 332 20.1 320 18.8 4 Operating Loss -137 -8.3 -103 -6.0 -33 Other Income / Expense 98 6.0 15 0.9 553 Loss Before Tax -39 -2.3 -88 -5.1 56 Income Tax Expense (Benefit) 15 1.0 -7 -0.4 314 Loss After Tax -54 -3.3 -81 -4.7 33 EPS -0.30 -0.45 Shares：(mm shares) 179 179 9M18 Results	In NT Millions 9M18 9M17 YoY Amount % Amount % % Net Sales 1,649 100.0 1,701 100.0 -3 COGS 1,455 88.2 1,484 87.2 -2 Gross Profit 194 11.8 217 12.8 -11 Operating Expense 332 20.1 320 18.8 4 Operating Loss -137 -8.3 -103 -6.0 -33 Other Income / Expense 98 6.0 15 0.9 553 Loss Before Tax -39 -2.3 -88 -5.1 56 Income Tax Expense (Benefit) 15 1.0 -7 -0.4 314 Loss After Tax -54 -3.3 -81 -4.7 33 EPS -0.30 -0.45 Shares：(mm shares) 179 179 9M18 Results
In NT Millions	9M18
	Amount %
Net Sales	1,649 100.0
COGS	1,455 88.2
Gross Profit	194 11.8
Operating Expense	332 20.1
Operating Loss	-137 -8.3
Other Income / Expense	98 6.0
Loss Before Tax	-39 -2.3
Income Tax Expense (Benefit)	15 1.0
Loss After Tax	-54 -3.3
EPS	-0.30
Shares：(mm shares)	179

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3Q18 Revenue By Products
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3Q18 2Q18 Automotive Mechanical Automotive Mechanical Components Integration Components Integration 41% 59% 45% 55% Mechanical Integration Mobile phone buttons, Gaming console products, Toys, Smart locks, Netcom, Wisdom watch straps Automotive Components Automotive interior components, 3D glass car keys, Glass car panels

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9M18 Revenue By Products
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9M18 9M17 Automotive Mechanical Automotive Mechanical Components Integration Components Integration 43% 57% 40% 60% Mechanical Integration Mobile phone buttons, Gaming console products, Toys, Smart locks, Netcom, Wisdom watch straps Automotive Components Automotive interior components, 3D glass car keys, Glass car panels

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Other Income / Other Expense
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In NT Millions	3Q18	9M18
Interest Income	14	45
FX	9	11
Dividend Income	13	13
Others	16	29
Total OIOE	52	98

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Balance Sheet and Key Indices	Balance Sheet and Key Indices	Balance Sheet and Key Indices	Balance Sheet and Key Indices	Balance Sheet and Key Indices	Balance Sheet and Key Indices
In NT Millions	Sep 30, 2018		Jun 30, 2018		Sep	30, 2017
	Amount	%	Amount	%	Amount		%
Assets
Cash & Restricted Bank Deposits	2,024	44	2,212	48	2,365		49
Accounts Receivable	554	12	403	9		574	12
Inventories	152	3	139	3		107	2
Current Assets	3,783	82	3,734	82	3,180		66
Total Assets	4,608	100	4,569	100	4,787		100
Liabilities and Equity
Accounts Payable	407	9	344	8		416	9
Current Liabilities	810	18	707	16		886	19
Total Liabilities	909	20	807	18		990	21
Total Stockholders’ Equity	3,699	80	3,762	82	3,797		79
Key Indices
Current Ratio (x)	4.67		5.28			3.59
Quick Ratio (x)	4.22		4.94			3.38
Net Cash(In NT Millions)	2,024		2,212		2,365
A/R Turn days	85		80			70
Inventory Turn Days	26		26			20
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Thank You

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