Delta Electronics, Inc. · TWSE:2308

Delta Electronics — Q3 2009 Earnings Presentation

35 slides from Delta Electronics's earnings presentation, Oct 30, 2009

  1. Slide 1: 2009 3Q Result Analyst Meeting

    2009年 第三季財報 法人說明會 2009 3Q Result Analyst Meeting 30 Oct 2009 1

  2. Slide 2: Consolidated financials basis of preparation

    • 合併財務數字乃根據財務會計準則公報第七號編製 Consolidated financials are based on Statement of Financial Accounting Standard No. 7 • 所有合併數字均經由會計師核閱 Consolidated numbers are reviewed by CPA 2

  3. Slide 3: 2009 Third Quarter Results

    2009年第三季結算數字 2009 Third Quarter Results 3

  4. Slide 4: Revenues

    合併營收 Revenues QoQ 單位：新台幣十億元 +17% Unit: NT$ billion YoY -16% 41.0 34.3 31.9 29.3 25.6 3Q08 4Q08 1Q09 2Q09 3Q09 4

  5. Slide 5: Revenues by Product (1)

    業務分類 (1) Revenues by Product (1) 2Q09 3Q09 其他 其他 (Others) (Others) 13% 13% 機電 機電 (IA) (IA) 6% 6% 零組件 零組件 (CP) (CP) 電源 電源 17% (PS) 17% (PS) 59% 60% 視訊 視訊 (DS) (DS) 5% 4% 5

  6. Slide 6: Revenues by Product (1)

    業務分類 (1) Revenues by Product (1) 單位：新台幣百萬元 Unit: NT$ million 2Q09 3Q09 Change PS 17,555 20,248 15% CP 5,032 5,743 14% DS 1,247 1,784 43% IA 1,701 1,967 16% Others 3,716 4,554 23% Total 29,251 34,296 17% 6

  7. Slide 7: Revenues by Product (2)

    業務分類 (2) Revenues by Product (2) 3Q08 3Q09 其他 其他 (Others) (Others) 機電 14% 13% (IA) 機電 4% (IA) 6% 零組件 零組件 (CP) (CP) 電源 電源 17% 17% (PS) (PS) 59% 61% 視訊 視訊 (DS) (DS) 5% 4% 7

  8. Slide 8: Revenues by Product (2)

    業務分類 (2) Revenues by Product (2) 單位：新台幣百萬元 Unit: NT$ million 3Q08 3Q09 Change PS 24,890 20,248 -19% CP 7,020 5,743 -18% DS 1,659 1,784 8% IA 1,746 1,967 13% Others 5,693 4,554 -20% Total 41,008 34,296 -16% 8

  9. Slide 9: Gross Profit

    營業毛利 Gross Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 7.61 7.73 5.59 6.20 4.72 22.5% 21.2% 18.5% 17.5% 18.5% 3Q08 4Q08 1Q09 2Q09 3Q09 9

  10. Slide 10: R&D Expense

    研發費用 R&D Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 1.67 1.58 1.50 1.59 1.68 5.9% 5.4% 5.0% 4.9% 4.1% 3Q08 4Q08 1Q09 2Q09 3Q09 10

  11. Slide 11: SG&A Expense

    銷管費用 SG&A Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 2.12 1.92 2.00 2.06 1.55 6.8% 6.0% 6.1% 6.0% 5.2% 3Q08 4Q08 1Q09 2Q09 3Q09 11

  12. Slide 12: Operating Expense

    總營業費用 Operating Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 3.79 3.51 3.59 3.74 3.05 11.9% 12.3% 11.0% 10.9% 9.2% 3Q08 4Q08 1Q09 2Q09 3Q09 12

  13. Slide 13: Operating Profit

    營業淨利 Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 3.82 3.99 2.61 2.08 11.6% 1.67 9.3% 8.9% 6.5% 6.5% 3Q08 4Q08 1Q09 2Q09 3Q09 13

  14. Slide 14: Non-Operating Profit

    業外損益 Non -Operating Profit Non-Operating 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 1.09 0.87 0.79 0.64 0.40 3.4% 2.7% 2.7% 1.9% 1.3% 3Q08 4Q08 1Q09 2Q09 3Q09 14

  15. Slide 15: Non-Operating Income Breakdown

    業外損益細項 Non -Operating Income Breakdown Non-Operating 單位：新台幣百萬元 Unit: NT$ million 2Q09 3Q09 處分投資(Investment disposal) (6) 30 投資損益(Investment income) 151 250 利息收益(Interest income) 125 118 現金股利(Cash Dividend) 16 16 匯兌損益(F/X) * 81 117 其他業外損益(Others) 423 106 合計(Total) 790 638 * 包含外匯相關金融資產評價變更 * Including

  16. Slide 16: Net Income Before Tax

    稅前淨利 Net Income Before Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 4.86 4.63 3.40 2.48 2.54 13.5% 11.9% 11.6% 9.9% 7.8% 3Q08 4Q08 1Q09 2Q09 3Q09 16

  17. Slide 17: Tax & Minority Interest

    所得稅與少數股權 Tax & Minority Interest 單位：新台幣百萬元 Unit: NT$ million 2Q09 3Q09 稅前淨利 (Net income before tax) 3,403 4,631 所得稅 (Tax) 559 (546) 少數股權淨利 (Minority interest) (486) (501) 稅後淨利 (Net income after tax) 3,475 3,583 17

  18. Slide 18: Net Income After Tax

    稅後淨利 Net Income After Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 3.48 3.58 3.08 1.75 1.71 11.9% 10.4% 7.5% 5.5% 6.7% 3Q08 4Q08 1Q09 2Q09 3Q09 18

  19. Slide 19: EPS (unit: NT$)

    每股淨利 (新台幣元) 每股淨利(新台幣元) EPS (unit: NT$) 1.55 1.61 1.37 0.78 0.76 3Q08 4Q08 1Q09 2Q09 3Q09 *每股盈餘之設算基於加權平均股數22.39億股 *EPS based on weighted average shares outstanding of 2,239 million shares. 19

  20. Slide 20: 2009 Year-to-3Q Accumulated Results

    2009年前三季結算數字 2009 Year-to-3Q Accumulated Results 20

  21. Slide 21: Revenues

    合併營收 Revenues 單位：新台幣十億元 Unit: NT$ billion 110.7 -20% 89.1 YT3Q08 YT3Q09 21

  22. Slide 22: Revenues by Product

    業務分類 Revenues by Product YT3Q08 YT3Q09 其他 其他 (Others) (Others) 14% 機電 13% 機電 (IA) (IA) 4% 6% 零組件 電源 零組件 電源 (CP) (PS) (CP) (PS) 18% 60% 17% 60% 視訊 視訊 (DS) (DS) 4% 4% 22

  23. Slide 23: Revenues by Product

    業務分類 Revenues by Product YT3Q08 YT3Q09 Change PS 66,237 53,768 -19% CP 19,988 15,206 -24% VD 3,986 3,748 -6% IA 5,036 4,862 -3% Others 15,479 11,550 -25% Total 110,726 89,134 -20% 23

  24. Slide 24: Gross Profit

    營業毛利 Gross Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 20.2 18.7 20.9% 18.2% YT3Q08 YT3Q09 24

  25. Slide 25: R&D Expense

    研發費用 R&D Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 4.86 4.77 5.3% 4.4% YT3Q08 YT3Q09 25

  26. Slide 26: SG&A Expense

    銷管費用 SG&A Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 6.22 5.61 6.3% 5.6% YT3Q08 YT3Q09 26

  27. Slide 27: Operating Expense

    總營業費用 Operating Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 11.08 10.38 11.6% 10.0% YT3Q08 YT3Q09 27

  28. Slide 28: Operating Profit

    營業淨利 Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 9.10 8.28 9.3% 8.2% YT3Q08 YT3Q09 28

  29. Slide 29: Non-Operating Profit

    業外損益 Non -Operating Profit Non-Operating 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 3.21 2.30 2.9% 2.6% YT3Q08 YT3Q09 29

  30. Slide 30: Non-Operating Income Breakdown

    業外損益細項 Non -Operating Income Breakdown Non-Operating 單位：新台幣百萬元 Unit: NT$ million YT3Q08 YT3Q09 處分投資(Investment disposal) 120 27 投資損益(Investment income) 581 541 利息收益(Interest income) 692 312 現金股利(Cash Dividend) 71 33 匯兌損益(F/X) * 875 564 其他業外損益(Others) 867 819 合計(Total) 3,205 2,296 * 包含外匯相關金融資產評價變更 *

  31. Slide 31: Net Income Before Tax

    稅前淨利 Net Income Before Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 12.31 10.58 11.1% 11.9% YT3Q08 YT3Q09 31

  32. Slide 32: Tax & Minority Interest

    所得稅與少數股權 Tax & Minority Interest 單位：新台幣百萬元 Unit: NT$ million YT3Q08 YT3Q09 稅前淨利 (Net income before tax) 12,305 10,576 所得稅 (Tax) (2,150) (440) 少數股權淨利 (Minority interest) (1,655) (1,370) 稅後淨利 (Net income after tax) 8,501 8,766 32

  33. Slide 33: Net Income After Tax

    稅後淨利 Net Income After Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 8.50 8.77 9.8% 7.7% YT3Q08 YT3Q09 33

  34. Slide 34: EPS (unit: NT$)

    每股淨利 (新台幣元) 每股淨利(新台幣元) EPS (unit: NT$) 3.80 3.92 YT3Q08 YT3Q09 *每股盈餘之設算基於加權平均股數22.39億股 *EPS based on weighted average shares outstanding of 2,239 million shares. 34

  35. Slide 35: THANK YOU !

    newts ee | THANK YOU !

Delta Electronics — Q3 2009 Earnings Presentation on 6ix