Slide 1: MediaTek 2019-Q1 Investor Conference
聯發科技 2019年第一季法人說明會 MediaTek 2019-Q1 Investor Conference April 30, 2019 Copyright © MediaTek Inc. All rights reserved.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, including the impact of competitive products and prici
Slide 3: Consolidated Revenue
Consolidated Revenue (NT$ million) QoQ YoY -13.4% 6.2% 80,000 60,892 60,000 49,654 52,722 40,000 20,000 0 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 1.8pt 2.3pt 45% 40.7% 40% 38.9% 38.4% 35% 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY -7.8% 6.7% 25,000 19,851 18,304 20,000 17,155 3,222 2,143 2,163 1,559 Selling expenses 15,000 1,555 1,676 Administration expenses 10,000 R&D expenses 15,070 14,607 13,316 5,000 0 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NT$ million) QoQ YoY -17.7% 64.3% 5,000 4,000 3,851 3,169 3,000 1,929 2,000 1,000 0 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY -0.3pt 2.1pt 10% 6.3% 6.0% 5% 3.9% 0% 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY -16.2% 34.8% 4,500 4,076 4,000 3,500 3,416 3,000 2,535 2,500 2,000 1,500 1,000 500 0 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY -0.2pt 1.4pt 10% 6.7% 6.5% 5.1% 5% 0% 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share (NT$ ) QoQ YoY -0.46 0.56 3.00 2.63 2.50 2.17 2.00 1.61 1.50 1.00 0.50 0.00 1Q18 4Q18 1Q19 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements
Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements Copyright © MediaTek Inc. All rights reserved. 10
Slide 12: Consolidated Income Statement (Unaudited)
Consolidated Income Statement (Unaudited) (In NT$millions,except earningsper share ) (In NT$ millions, except EPS) 1Q19 4Q18(Note2) 1Q18(Note2) Q-Q Y-Y Net Sales 52,722 60,892 49,654 (13.4%) 6.2% Operating costs (31,249) (37,190) (30,569) Gross profit 21,473 23,702 19,085 (9.4%) 12.5% Selling expens
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 1Q19 4Q18 1Q18 Gross profit 40.7% 38.9% 38.4% Selling expenses (4.1%) (5.3%) (4.4%) Administration expenses (2.9%) (2.6%) (3.4%) R&D expenses (27.7%) (24.7%) (26.8%) Operating income 6.0% 6.3% 3.9% Non-operating income 1.6% 1.1% 2.1% Income tax expense
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 1Q19 4Q18 1Q18 Cash & financial assets-current 187,586 164,671 165,235 Accounts receivable 25,312 28,939 25,839 Inventories 30,122 30,980 33,320 Other current assets 10,485 11,448 15,896 Funds and investments 45,294 49,262 54,728 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 1Q19 4Q18 1Q18 Net cash provided by (used in) operating activities 1,691 8,703 (1,663) Net cash provided by (used in) investing activities (1,608) (1,106) (896) Net cash provided by (used in) financing activities 7,739 (12,830) (1,28
Slide 16: Reconciliations of TIFRS Results to Non-TIFRS Results
【Supplemental Information】 Reconciliations of TIFRS Results to Non-TIFRS Results Copyright © MediaTek Inc. All rights reserved. 15
Slide 17: Reconciliations of TIFRS Results to Non-TIFRS Results
Reconciliations of TIFRS Results to Non-TIFRS ResultsNote3 (In NT$ millions) 1Q19 4Q18(Note2) 1Q18(Note2) Q-Q Y-Y TIFRS operating income 3,169 3,851 1,929 TIFRS net income 3,416 4,076 2,535 TIFRS EPS(NT$) 2.17 2.63 1.61 Non-TIFRS reconciliation items 652 35 380 Share-based compensation 370 (343) 113
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17