Iteq Corporation · TWSE:6213

Iteq — Non-Deal Roadshow (March 2017)

20 slides from Iteq's roadshow presentation, Mar 29, 2017

  1. Slide 1: ITEQ Your Partner of Advanced Materials & Mass Lam Service

    ITEQ Your Partner of Advanced Materials & Mass Lam Service ITEQ Corporation Company Presentation www.iteq.com.tw

  2. Slide 2: Disclaimer Statement

    Disclaimer Statement  This presentation and release contain “forward-looking statements” which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources.  Our actual results of operations, financial condition o

  3. Slide 3: Content: Company Status

    Content Company Status - Production Capability - Core Technology www.iteq.com.tw

  4. Slide 4: Company Overview

    Company Overview  Establishment ：April 10th, 1997  Headquarter ：Hsin Pu, Taiwan  Capital： US$ 110 millions  Employees：2,847  Chairman ： Mr. John Tsai  CEO ： Mrs. Audrey Tsai Innovation Excellence  Products ：- Copper Clad Laminate & Prepreg - Masslam service (4~16L / 2+N+2 HDI) ITEQ - Flexible

  5. Slide 5: Production Sites & Monthly Capacity

    Production Sites & Monthly Capacity Wuxi Laminate：1,800 K sheets Prepreg ：8,500 K meters Hsin Pu(Taiwan) Laminate：450 K sheets Prepreg ：1,800 K meters Europe Korea USA Israel Wuxi Japan DG/HJ/GZ Dong Guan Taiwan Laminate：1,000 K sheets Prepreg ：4,500 K meters Singapore Guang Zhou(Flexible CCL) 3 Lay

  6. Slide 6: Core Technology

    Core Technology Smartphone Tablet Computer Low Dk Networking Formulation FR-4 Consumer Cloud Low Df Precise Halogen Coating Free Electronics Computing Anti- CAF Automotive Electronics www.iteq.com.tw

  7. Slide 7: Content: Product Development

    Content Product Development - Product Mix - Application - Product Mix www.iteq.com.tw

  8. Slide 8: Product Mix

    Product Mix By Product By Application Auto Smartphone CCL & PP FCCL ML 3S(Server, Storage, Switch) Consumer Eletronic 8% 10% 4% 4% 10% 10% 28% 30% 8% 8% 54% 50% 88% 89% 2015 2016 2015 2016 www.iteq.com.tw

  9. Slide 9: Product Line

    Product Line Lead Free Halogen Free IT-180GN IT-958G IT-968G IT-180I IT-200LK IT-968G SE IT-180A IT-150DA IT-968 IT-189 IT-170GRA1 IT-170GLE IT-968 SE IT-258GA3 IT-150GS IT-168G1 IT-158 IT-150G IT-168G2 IT-150GN Std-loss Upper Lower Low-loss Ultra Mid-loss Mid-loss low-loss www.iteq.com.tw

  10. Slide 10: Product Application

    Product Application (Infrastructure) (End-Device) Storage IT968/IT968G IT158 IT170GRA1 IT180A IT150DA/IT958G IT180I IT150GN IT180GN Server IT968/IT968G IT168G1 IT150DA/IT958G IT168G2 IT170GRA1/IT150GS IT150G IT170GLE Switch IT258GA3 IT968/IT968G IT189 IT150DA/IT958G IT158 IT800GLE IT180A Base statio

  11. Slide 11: Growth Drivers

    Content Growth Drivers www.iteq.com.tw

  12. Slide 12: Intel Purley Replace Grantley

    Intel Purley Replace Grantley 2014 ~ 2017 2017 Mass Production Grantley Platform Purley Platform Insertion loss requirement Insertion loss requirement -0.75~-0.79 at 4GHz -0.65~-0.69 at 4GHz -1.50~-1.58 at 8GHz -1.25~-1.33 at 8GHz Material Requirement Material Requirement Std-Loss ~ Mid-Loss Mid-Los

  13. Slide 13: Smart phone + Tablet (HDI)

    Smart phone + Tablet (HDI)  Increase Market share on China  Strengthen cooperation with HDI PCB  Complete Product Line – IT150G for standard smartphone – IT168G1 & 168G2 for high-end smartphone – IT170GLE for next generation smartphone Mid Tg、Low Dk High Storage Modulus Total Thickness：0.7~0.6mm

  14. Slide 14: Automotive Electronics

    Automotive Electronics  Continuous Growing – Output value of automotive PCB： USD 4.9 Billion/2015 USD 7.5 Billion/2020 (Source: NTI Information) (S  Complete Anti-CAF Product Line Automatic Driving Internet of Vehicle Energy-Saving Car • Safety-Driving • Infotainment • Energy-Saving • Smart Car •

  15. Slide 15: Financial Performance

    Content Financial Performance www.iteq.com.tw

  16. Slide 16: 2015Q4-2016Q4 Income Statement

    2015Q4-2016Q4 Income Statement NT$ Million 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 Revenue 5,161 4,646 4,818 5,027 5,190 Gross Profit 728 744 671 739 713 Operating Expenses 358 294 321 306 357 Operating Profit 370 450 350 433 355 Non-Op Income/ Loss 15 (19) 22 (12) 35 Income Before Tax 385 431 371 421 39

  17. Slide 17: 2012-2016 Income Statement

    2012-2016 Income Statement NT$ Million 2012 2013 2014 2015 2016 Revenue 19,321 19,735 20,146 19,077 19,682 Gross Profit 2,514 2,592 2,186 2,375 2,867 Operating Expenses 1,099 1,209 1,272 1,258 1,278 Operating Profit 1,416 1,384 913 1,117 1,588 Non-Op Income/ Loss 75 92 17 -48 25 Income Before Tax 1,

  18. Slide 18: 2012-2016 Balance Sheet

    2012-2016 Balance Sheet NT$ Million 2012 2013 2014 2015 2016 Total Assets 15,039 16,076 17,482 17,090 18,015 Cash 2,028 1,757 1,903 2,500 3,649 Marketable Securities 387 473 386 372 547 NR/AR 6,046 7,055 7,604 7,408 7,553 Inventories 818 926 1,013 962 1,240 Fixed Assets 3,918 4,190 4,702 3,635 3,085

  19. Slide 19: 2012-2016 Dividend Payout

    2012-2016 Dividend Payout Cash Pay-out Year EPS(NT$) Dividend(NT$) Dividend(NT$) Ratio(%) 2012 3.34 2.5 2.5 75% 2013 2.52 2.2 2.2 87% 2014 1.62 1.2 1.2 74% 2015 1.92 1.6 1.6 83% 2016 3.13 *2.5 *2.5 80% *proposed by board meeting www.iteq.com.tw

  20. Slide 20: Thank You

    ITEQ INNOVATION » TEAMWORK + EXCELLENCE + QUALITY

ITEQ — Non-Deal Roadshow (March 2017) on 6ix