Weltrend — Investor Presentation 2015

May 27, 2015

Corporate Overview?偉詮電子股份有限公司?Weltrend Semiconductor, Inc.

P

2014 Consolidated Income Statement

(Expressed in NT$K)
| | 2014/1-12 | % | 2013/1-12 | % | YoY % |
| --- | --- | --- | --- | --- | --- |
| Net sales | 1,877,067 | 100 | 1,832,917 | 100 | 2.41 |
| Cost of good sold | (1,456,609) | (78) | (1,420,382) | (78) | 2.55 |
| Gross Profit | 420,458 | 22 | 412,535 | 22 | 1.92 |
| Operating Exp. | (438,084) | (23) | (370,454) | (20) | 18.26 |
| Selling & Adm. | (207,994) | (11) | (168,575) | (9) | 23.38 |
| R & D Exp. | (230,090) | (12) | (201,879) | (11) | 13.97 |
| Operating Income | (17,626) | (1) | 42,081 | 2 | -141.89 |
| Net Non-Operating | 231,769 | 12 | 110,419 | 6 | 109.90 |
| Income Before Tax | 214,143 | 11 | 152,500 | 8 | 40.42 |
| Income Tax Exp. | (5,136) | - | (25,230) | (1) | -79.64 |
| Net Income | 209,007 | 11 | 127,270 | 7 | 64.22 |
| EPS | 0.94 | | 0.54 | | |
Copyright  Weltrend 2015, All Rights Reserved
P

1Q15 Consolidated Income Statement (YoY)

(Expressed in NT$K)
| | 1Q15 | % | 1Q14 | % | Growth % |
| --- | --- | --- | --- | --- | --- |
| Net sales | 400,016 | 100 | 405,415 | 100 | -1.33 |
| Cost of good sold | (307,809) | (77) | (310,994) | (77) | -1.02 |
| Gross Profit | 92,207 | 23 | 94,421 | 23 | -2.34 |
| Operating Exp. | (96,166) | (24) | (103,736) | (25) | -7.30 |
| Selling & Adm. | (43,649) | (11) | (50,571) | (12) | -13.69 |
| R & D Exp. | (52,517) | (13) | (53,165) | (13) | -1.22 |
| Operating Income(Loss) | (3,959) | (1) | (9,315) | (2) | - |
| Net Non-Operating | 20,155 | 5 | 65,925 | 16 | -69.43 |
| Income Before Tax | 16,196 | 4 | 56,610 | 14 | -71.39 |
| Income Tax Exp. | 734 | - | (1,678) | (1) | - |
| Net Income | 16,930 | 4 | 54,932 | 13 | -69.18 |
| EPS | 0.08 | | 0.25 | | |
Copyright  Weltrend 2015, All Rights Reserved
P

1Q15 Consolidated Income Statement (QoQ)

(Expressed in NT$K)
| | 1Q15 | % | 4Q14 | % | QoQ % |
| --- | --- | --- | --- | --- | --- |
| Net sales | 400,016 | 100 | 450,072 | 100 | -11.12 |
| Cost of good sold | (307,809) | (77) | (348,702) | (77) | -11.73 |
| Gross Profit | 92,207 | 23 | 101,370 | 23 | -9.04 |
| Operating Exp. | (96,166) | (24) | (117,487) | (26) | -18.15 |
| Selling & Adm. | (43,649) | (11) | (54,662) | (12) | -20.15 |
| R & D Exp. | (52,517) | (13) | (62,825) | (14) | -16.41 |
| Operating Income | (3,959) | (1) | (16,117) | (3) | - |
| Net Non-Operating | 20,155 | 5 | 42,849 | 9 | -52.96 |
| Income Before Tax | 16,196 | 4 | 26,732 | 6 | -39.41 |
| Income Tax Exp. | 734 | - | 497 | - | 47.69 |
| Net Income | 16,930 | 4 | 27,229 | 6 | -37.82 |
| EPS | 0.08 | | 0.12 | | |
Copyright  Weltrend 2015, All Rights Reserved
P

Balance Sheet Summary

(Expressed in NT$K)
| | 2015/03/31 | 2014/12/31 | 2014/03/31 |
| --- | --- | --- | --- |
| Cash & Financial Assets - current | 2,175,806 | 2,150,934 | 2,121,742 |
| Notes & Accounts receivable | 492,883 | 569,972 | 487,849 |
| Inventories | 349,498 | 368,234 | 270,837 |
| Property, Plant and Equipment | 229,543 | 231,559 | 222,379 |
| Other assets | 234,711 | 169,915 | 188,553 |
| Total assets | 3,482,441 | 3,490,614 | 3,291,360 |
| | | | |
| Notes & Accounts payable | 249,658 | 276,297 | 254,374 |
| Other current liabilities | 101,699 | 118,871 | 88,200 |
| Noncurrent liabilities | 89,256 | 90,752 | 89,080 |
| | | | |
| Stockholders’ equity | 3,041,828 | 3,004,694 | 2,859,706 |
Copyright  Weltrend 2015, All Rights Reserved
P

偉詮電子股份有限公司
Weltrend Semiconductor, Inc.

Headquarters
2F, No. 24, Industry E. 9th Rd.
Hsinchu Science Park
Hsinchu City 30075, Taiwan
Tel: +886-3-578-0241

Taipei Office
11F-6, No. 736, Chungcheng Rd.
Chungho District
New Taipei City 23511, Taiwan
Tel: +886-2-8226-1899

Kaohsiung Branch
22F-6., No. 211, Chungcheng 4th Rd.
Cianjin District
Kaohsiung City 801, Taiwan
Tel: +886-7-971-8868

www.weltrend.com

Thank You!

Copyright  Weltrend 2015 All Rights Reserved
P