Weltrend — Interim / Quarterly Report 2016

Nov 14, 2016

偉詮電子股份有限公司 Weltrend Semiconductor, Inc. Investor Conference Cindy Guo Tony Lin CFO and Spokesperson Executive Assistant to CEO Finance Division CEO’s Office

November, 2016

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Weltrend Semiconductor, Inc.
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P1

1Q16~3Q16 Consolidated Income Statement

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(Expressed in NT$K) 2016/1-9 % 2015/1-9 % YoY % Net sales 1,518,148 100 1,303,210 100 16 Cost of good sold (1,140,804) (75) (1,000,626) (77) 14 Gross Profit 377,344 25 302,584 23 25 Operating Exp. (313,361) (21) (304,263) (23) 3 Selling & Adm. (145,682) (10) (138,837) (10) 5 R & D Exp. (167,679) (11) (165,426) (13) 1 Operating Income(Loss) 63,983 4 (1,679) - 3911 Net Non-Operating 57,782 4 137,347 10 (58) Income Before Tax 121,765 8 135,668 10 (10) Income Tax Exp. (7,351) - (25,139) (2) (71) Net Income 114,414 8 110,529 8 4 EPS 0.52 0.50 4

~~Weltrend Semiconductor, Inc.~~

P2

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3Q16 Consolidated Income Statement (YoY)

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(Expressed in NT$K)

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3Q16 % 3Q15 % Growth %	3Q16 % 3Q15 % Growth %	3Q16 % 3Q15 % Growth %	3Q16 % 3Q15 % Growth %	3Q16 % 3Q15 % Growth %	3Q16 % 3Q15 % Growth %
Net sales	586,136	100	472,656	100	24
Cost of good sold	(446,858)	(76)	(362,561)	(77)	23
Gross Profit	139,278	24	110,095	23	27
Operating Exp.	(115,414)	(20)	(108,832)	(23)	6
Selling & Adm.	(52,347)	(9)	(50,543)	(11)	4
R & D Exp.	(63,067)	(11)	(58,289)	(12)	8
Operating Income	23,864	4	1,263	-	1789
Net Non-Operating	49,856	9	57,733	12	(14)
Income Before Tax	73,720	13	58,996	12	25
Income Tax Exp.	(4,676)	(1)	(1,510)	-	210
Net Income	69,044	12	57,486	12	20
EPS	0.31		0.26		19

~~Weltrend Semiconductor, Inc.~~

P3

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3Q16 Consolidated Income Statement (QoQ)

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(Expressed in NT$K)

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3Q16 % 2Q16 % QoQ %	3Q16 % 2Q16 % QoQ %	3Q16 % 2Q16 % QoQ %	3Q16 % 2Q16 % QoQ %	3Q16 % 2Q16 % QoQ %	3Q16 % 2Q16 % QoQ %
Net sales	586,136	100	489,997	100	20
Cost of good sold	(446,858)	(76)	(370,437)	(75)	21
Gross Profit	139,278	24	119,560	25	16
Operating Exp.	(115,414)	(20)	(102,467)	(21)	13
Selling & Adm.	(52,347)	(9)	(47,976)	(10)	9
R & D Exp.	(63,067)	(11)	(54,491)	(11)	16
Operating Income	23,864	4	17,093	4	40
Net Non-Operating	49,856	9	9,300	2	436
Income Before Tax	73,720	13	26,393	6	179
Income Tax (Exp.)Gain	(4,676)	(1)	1,361	-	444
Net Income	69,044	12	27,754	6	149
EPS	0.31		0.13		138

~~Weltrend Semiconductor, Inc.~~

P4

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Balance Sheet Summary

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	(Expressed in NT$K) 2016/09/30 2015/12/31 2015/09/30 Cash & Financial Assets - current 2,079,108 2,094,802 1,852,340 Notes & Accounts receivable 748,955 599,272 676,365 Inventories 374,652 337,913 381,301 Property, Plant and Equipment 215,068 220,508 228,333 Other assets 253,152 113,696 115,107 Total assets 3,670,935 3,366,191 3,253,446 Notes & Accounts payable 348,601 259,064 285,687 Other current liabilities 360,071 230,162 288,804 Noncurrent liabilities 90,940 91,050 91,509 Total liabilities 799,612 580,276 666,000 Stockholders’ equity 2,871,323 2,785,915 2,587,446	(Expressed in NT$K) 2016/09/30 2015/12/31 2015/09/30 Cash & Financial Assets - current 2,079,108 2,094,802 1,852,340 Notes & Accounts receivable 748,955 599,272 676,365 Inventories 374,652 337,913 381,301 Property, Plant and Equipment 215,068 220,508 228,333 Other assets 253,152 113,696 115,107 Total assets 3,670,935 3,366,191 3,253,446 Notes & Accounts payable 348,601 259,064 285,687 Other current liabilities 360,071 230,162 288,804 Noncurrent liabilities 90,940 91,050 91,509 Total liabilities 799,612 580,276 666,000 Stockholders’ equity 2,871,323 2,785,915 2,587,446	(Expressed in NT$K) 2016/09/30 2015/12/31 2015/09/30 Cash & Financial Assets - current 2,079,108 2,094,802 1,852,340 Notes & Accounts receivable 748,955 599,272 676,365 Inventories 374,652 337,913 381,301 Property, Plant and Equipment 215,068 220,508 228,333 Other assets 253,152 113,696 115,107 Total assets 3,670,935 3,366,191 3,253,446 Notes & Accounts payable 348,601 259,064 285,687 Other current liabilities 360,071 230,162 288,804 Noncurrent liabilities 90,940 91,050 91,509 Total liabilities 799,612 580,276 666,000 Stockholders’ equity 2,871,323 2,785,915 2,587,446	(Expressed in NT$K) 2016/09/30 2015/12/31 2015/09/30 Cash & Financial Assets - current 2,079,108 2,094,802 1,852,340 Notes & Accounts receivable 748,955 599,272 676,365 Inventories 374,652 337,913 381,301 Property, Plant and Equipment 215,068 220,508 228,333 Other assets 253,152 113,696 115,107 Total assets 3,670,935 3,366,191 3,253,446 Notes & Accounts payable 348,601 259,064 285,687 Other current liabilities 360,071 230,162 288,804 Noncurrent liabilities 90,940 91,050 91,509 Total liabilities 799,612 580,276 666,000 Stockholders’ equity 2,871,323 2,785,915 2,587,446
	2016/09/30 2015/12/31 2015/09/30
	Cash & Financial Assets - current	2,079,108	2,094,802	1,852,340
	Notes & Accounts receivable	748,955	599,272	676,365
	Inventories	374,652	337,913	381,301
	Property, Plant and Equipment	215,068	220,508	228,333
	Other assets	253,152	113,696	115,107
	Total assets	3,670,935	3,366,191	3,253,446
	Notes & Accounts payable	348,601	259,064	285,687
	Other current liabilities	360,071	230,162	288,804
	Noncurrent liabilities	90,940	91,050	91,509
	Total liabilities	799,612	580,276	666,000
	Stockholders’ equity	2,871,323	2,785,915	2,587,446

~~Weltrend Semiconductor, Inc.~~

P5

Copyright © Weltrend 2016, All Rights Reserved

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THANK YOU!

~~Weltrend Semiconductor, Inc.~~

P6

Copyright © Weltrend 2016, All Rights Reserved