TASC — Investor Presentation 2017

Dec 7, 2017

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Opto Tech Corporation 2017.12.08

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Safe Harbor Statement

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• This Presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.

• Except as required by law, we undertake no obligation to –

• forward whether as a

• update any looking statements, result of new information, future events or otherwise.

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Company profile

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Date of founded Dec 21, 1983 Paid in Capital NT 4,412,926,420元 Main Products LED Chips , Sensor Chips , System products Factory site (Ⅰ) No. 8, Innovation Rd I, Hsinchu Science Park (Ⅱ) No. 1, Li-hsin Rd. V, Hsinchu Science Park Monthly Capacity 2.5 billion units for LED chips 3.0 billion units for sensor chips Employees Around 1,400 persons

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Main Products

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LED Chips

・Visible LED Chips ・Invisible IR LED Chips

Sensor chips

・Photo diode

・Photo transistor

・Zenar diode

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System products ・LED video board ・LED lighting ・Automotive lighting ・LED traffic lighting

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Main products Allocation-by Revenue

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Year 2014 Year 2015 Year 2016 Year 2017Q1~Q3

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44.03%
42.3%
36.7%
38.5%
34.8%
34.0%
32.1%29.20%
17.3%21.7% 18.9%20.91%
8.6%
7.3% 6.2%
5.49%
0.9% 0.3% 0.5% 0.37%
Normal Infrared+Four Sensor Chips System Products Others
Elments+InGan
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LED Chips & Sensor Chips Product sales Breakdown by Area

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Area	2016	2017Q1~Q3
Taiwan	52%	52%
HK (Mainland China)	12%	11%
Japan	20%	22%
Korea	6%	5%
Others	10%	10%

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System Products Product sales Breakdown by Area

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Area 2016 2017Q1~Q3
North America 40% 36%
Taiwan 38% 42%
Northeast Asia 4% 7%
Southeast Asia(China) 12% 10%
Others 6% 5%
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Consolidated Statements of Income

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	2017Q1~Q3	2017Q1~Q3	2016Q1~Q3	2016Q1~Q3	YoY
In NT thousands	Amount	％	Amount	％	％
Operating revenue	4,353,284	100.00%	4,232,830	100.00%	2.85%
Gross profit, net	1,352,802	31.00%	1,250,721	29.00%	8.16%
Operating expenses	696,757	16.00%	771,074	18.00%	-9.64%
Operating income	656,045	15.00%	479,647	11.00%	36.78%
Non-operating income and expenses	(4,763)	0.00%	286,012	7.00%	-101.67%
Net income	543,454	13.00%	679,878	16.00%	-20.07%
Basic EPS(NT$)	1.03		1.25

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合併資產負債表

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2017.09.30 2016.09.30
In NT thousands AMOUNT % AMOUNT %
Cash and cash equivalents 3,472,836 32% 2,880,443 27%
Accounts receivable 1,797,215 17% 1,884,740 17%
Inventories 1,169,053 11% 1,315,834 12%
Current Assets 6,794,807 63% 6,746,022 62%
Total assets 10,780,702 100% 10,856,606 100%
Short-term loans 894,931 8% 645,778 6%
Accounts payable 2,494,264 23% 1,500,491 14%
Current Liabilities 3,733,963 35% 2,283,767 21%
Total Liabilities 3,982,871 37% 3,083,701 28%
Total equity 6,797,831 63% 7,772,905 72%
Current Ratio 182% 295%
Quick Ratio 150% 235%
Net Cash 2,380,890 1,747,745
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Revenue Contribution by Segment

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2017Q1~Q3 2016Q1~Q3
Systems Others Slectronics Systems Others Slectronics
Division Division Division
6% 6% Division
20% 32% 18%
36%
Silicon
Silicon
Division
Division
40%
42%
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2017 Capital Expenditure Plan

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Capacity Investment

1. Sensor Chip is full capacity.

2. We estimate that the capital expenditure will be 200 to 300 million and the capacity will increase 10% before the end of 2017.

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Q&A

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