Winmate — Investor Presentation 2018

Jan 9, 2018

融程電訊(3416)?法人說明會

9th Jan 2018
1

2017 1~3Q 損益表
合併營收；NT仟元
| 項目＼年度 | 2017 Q3 | % | 2017/1-3Q | % | 2016/1-3Q | % | YoY |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 營業收入 | 344,393 | 100.00% | 1,027,979 | 100.00% | 985,569 | 100.00% | 4.30% |
| 營業毛利 | 115,939 | 33.66% | 352,014 | 34.24% | 388,373 | 39.41% | -9.36% |
| 營業費用 | 78,304 | 22.74% | 231,096 | 22.48% | 217,619 | 22.08% | 6.19% |
| 營業利益 | 37,635 | 10.93% | 120,918 | 11.76% | 170,754 | 17.33% | -29.19% |
| 營業外收支 | - 1,072 | -0.31% | - 13,502 | -1.3% | - 4,516 | -0.46% | 298.98% |
| 稅前利益 | 36,563 | 10.62% | 107,416 | 10.45% | 166,238 | 16.87% | -35.38% |
| 稅後利益 | 31,567 | 9.17% | 91,014 | 8.85% | 142,568 | 14.47% | -36.16% |
| 稅後EPS (元) | 0.52 | | 1.51 | | 2.37 | | |
2

Product Category 2017 主要產品比重

Touch /Industrial Display Rugged Display

Industrial PC
Embedded Computing

高階特殊工業用
液晶顯示應用模組
嵌入式系統模組

Mobile
Panel PC
Display
77.78%
NT$ 1,100M
17.79%
NT$ 252M

Sales by Region 2017 地區分佈

2017 sales NT$ 1,415M
YoY 5.07%
4

Financial Ratio cash rich and good payout
| NT$ 仟元 | 2015 | 2016 | 2017 |
| --- | --- | --- | --- |
| | Year end | Year end | Q3 |
| 約當現金加定存 | 939,928 | 885,837 | 726,083 |
| 負債比率 | 13.83% | 15.94% | 14.68% |
| 應收帳款 | 133,109 | 119,946 | 128,633 |
| DSO(days) | 41 | 34 | 33 |
| 存貨 | 181,024 | 236,159 | 261,346 |
| DOH(days) | 76 | 92 | 101 |
| 應付帳款 | 114,707 | 147,931 | 104,003 |
| days | 43 | 58 | 51 |
| 稅後淨利率 | 13.96% | 13.69% | 8.85% |
| Payout ratio | 99.43% | 98.04% | n.a. |

5

Global Presence 全球化在地服務與夥伴

TTX -Toronto

European Service Center – Munich

Beijing

Winmate US
/ Service Center – Atlanta

Winmate HQ

Winmate’s Office
& Service Center

Winmate’s Partners

6

2018 Focus Industries & Markets 聚焦產業及應用比重

Warehouse & Logistics
(20%)
Industrial Automation
(18%)
Vehicle Diagnostic ,
Electric Car
(12%)
Medical application
(13%)
Field Service / Oil & Gas / Heavy Duty Vehicles (22%)
Military/ Marine/ Aviation
(15%)
7

Winmate Industrial Mega Trends 產業趨勢

Cloud Analytic & Preventive computing

Digital Logistics
iIoT (Industrial IoT)
Industry 4.0

8

Growing Rugged Mobile Computing Market 強固手持應用成長

Global revenues for Rugged Computing are estimated to be $1.7 billion (2016)
Rugged notebook revenues: $1.16 billion
Rugged tablet revenues: $530 million
Growth Rate (CAGR) for this market is expecting 5% - 10% until 2020
Source VDC 2016 Report
9

Mission Critical and Industrial Applications 應用實例

Forklift / Vehicle Mount Computer
Oil & Gas
Special Zone Use
Vehicle Diagnostic
For Smart Car Manufacturing
Logistics & Warehousing Computer
Global Domain Know-How & Service Centers

Certified ATEX & Medical (ISO13845) quality production

135 Developers
& System Engineers

10

Q & A

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