Slide 1: MediaTek 2012-Q2 Investor Conference
聯發科技 2012 年第二季法人說明會 MediaTek 2012-Q2 Investor Conference July 31, 2012 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: Revenue Comparison
Revenue Comparison QoQ (NT$ million) YoY 19.5% 11.7% 40,000 23,440 20,982 19,615 20,000 0 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 2
Slide 4: Gross Margin Comparison
Gross Margin Comparison QoQ YoY -1.3 pt -5.1 pt 47% 45.9% 45% 43% 42.1% 40.8% 41% 39% 37% 35% 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 3
Slide 5: Operating Expenses Comparison
Operating Expenses Comparison (NT$ million) YoY QoQ 5.7% 7.6% 10,000 6,421 6,308 6,788 558 756 587 725 740 752 5,000 Selling expenses Administration expenses 5,138 4,981 5,280 R&D expenses 0 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 4
Slide 6: Operating Income Comparison
Operating Income Comparison QoQ YoY 42.3% -13.7% (NT$ million) 4,000 3,210 2,770 1,947 2,000 0 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 5
Slide 7: Operating Margin Comparison
Operating Margin Comparison QoQ YoY 1.9pt -3.5pt 20% 15.3% 15% 11.8% 9.9% 10% 5% 0% 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 6
Slide 8: Net Income Comparison
Net Income Comparison QoQ 34.3% YoY (NT$ million) 0.9% 4,000 3,326 3,357 2,500 2,000 0 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 7
Slide 9: EPS Comparison
EPS Comparison QoQ (NT$) 0.76 YoY -0.1 4 3.05 2.95 2.19 2 0 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 8
Slide 10: Inventory Turnover Days
Inventory Turnover Days (Days) 80 76 77 69 60 40 20 2Q11 1Q12 2Q12 Copyright © MediaTek Inc. All rights reserved. 2012/7/27 9
Slide 11: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 12: Q2 FY12 Consolidated Income Statement
Q2 FY12 Consolidated Income Statement (In NT$ millions, except per share amounts) 2Q12 1Q12 2Q11 Q-Q Y-Y Net revenue 23,440 19,615 20,982 19.5% 11.7% Cost of goods sold (13,882) (11,360) (11,351) Gross profit 9,558 8,255 9,631 15.8% (0.8 %) Selling expenses (756) (587) (558) Administration expenses
Slide 13: Q2 FY12 Supplemental Information: Percentage of Revenue
Q2 FY12 Supplemental Information: Percentage of Revenue 2Q12 1Q12 2Q11 Gross profit 40.8% 42.1% 45.9% R&D expenses (22.5 %) (25.4 %) (24.5 %) Selling expenses (3.2 %) (3.0 %) (2.7 %) Administration expenses (3.2 %) (3.8 %) (3.5 %) Operating profit 11.8% 9.9% 15.3% Non-operating income 4.8% 3.3% 2.0%
Slide 14: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 2Q12 1Q12 2Q11 Cash & financial assets-current 100,822 90,786 94,974 Notes & Accounts receivable (net) 7,659 7,372 7,833 Inventory (net) 11,074 9,853 9,714 Long-term investments 8,603 9,946 8,551 Intangible assets 17,241 16,528 8,905 Total assets 161,100 150,1
Slide 15: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 2Q12 1Q12 2Q11 Cash flow from operations 3,797 738 4,606 Cash flow from investing (413) (2,439) (1,128) Cash flow from financing 4,660 3,508 41 Effect of exchange rate changes 569 (1,180) (713) Net increase in cash & equivalents 8,613 626 2,806 Cash & equivalents
Slide 16: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.