Slide 1: Delta Electronics, Inc. 2Q 2019 Results Analyst Meeting
台達電子2019年第二季財報法人說明會 Delta Electronics, Inc. 2Q 2019 Results Analyst Meeting 1 August 2019
Slide 2: Financial numbers based on IFRS
• 本簡報財務數字係根據國際財務報導準則編製 The financial numbers hereby are based on International Financial Reporting Standards (IFRS) • 合併數字係經由會計師核閱簽證 Cumulative consolidated numbers were reviewed by CPA 2 Delta Confidential
Slide 3: 2019 Second Quarter Results
2019年第二季結算數字 2019 Second Quarter Results 3 Delta Confidential
Slide 4: Sales Revenue
合併營收 Sales Revenue QoQ 單位：新台幣十億元 +36% Unit: NT$ billion YoY +27% 73.4 63.6 64.6 57.9 54.1 2Q18 3Q18 4Q18 1Q19 2Q19 4 Delta Confidential
Slide 5: Sales Revenue by Business (QoQ)
業務分類 (季對季) Sales Revenue by Business (QoQ) 1Q19 2Q19 電源及零組件 電源及零組件 Power Power Electronics Electronics 自動化 44% 49% Automation 自動化 16% Automation 其他 14% 其他 Others Others 基礎設施 基礎設施 0% 0% Infrastructure Infrastructure 40% 37% 5 Delta Confidential
Slide 6: Sales Revenue by Business (QoQ)
業務分類 (季對季) Sales Revenue by Business (QoQ) 單位：新台幣百萬元 Unit: NT$ million 1Q19 2Q19 Changes 電源及零組件 23,534 36,244 +54% Power Electronics 自動化 8,590 9,905 +15% Automation 基礎設施 21,787 27,047 +24% Infrastructure 6 Delta Confidential
Slide 7: Sales Revenue by Business (YoY)
業務分類 (年對年) Sales Revenue by Business (YoY) 2Q18 2Q19 電源及零組件 電源及零組件 Power Power Electronics Electronics 自動化 49% 44% Automation 自動化 16% Automation 其他 14% 其他 Others 基礎設施 基礎設施 Others 0% Infrastructure Infrastructure 1% 39% 37% 7 Delta Confidential
Slide 8: Sales Revenue by Business (YoY)
業務分類 (年對年) Sales Revenue by Business (YoY) 單位：新台幣百萬元 Unit: NT$ million 2Q18 2Q19 Changes 電源及零組件 25,677 36,244 +41% Power Electronics 自動化 9,393 9,905 +5% Automation 基礎設施 22,480 27,047 +20% Infrastructure 8 Delta Confidential
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 QoQ +39% YoY +37% 17.8 18.3 19.8 14.5 14.3 27.9% 28.3% 27.0% 26.3% 25.1% 2Q18 3Q18 4Q18 1Q19 2Q19 9 Delta Confidential
Slide 10: R&D Expenses
研發費用 R&D Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +30% YoY +35% 5.2 5.4 4.7 6.1 4.5 8.4% 8.7% 8.3% 7.8% 8.2% 2Q18 3Q18 4Q18 1Q19 2Q19 10 Delta Confidential
Slide 11: SG&A Expenses
銷管費用 SG&A Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +30% YoY +29% 8.4 6.5 6.7 6.9 6.4 11.2% 11.8% 11.4% 10.5% 10.7% 2Q18 3Q18 4Q18 1Q19 2Q19 11 Delta Confidential
Slide 12: Total Operating Expenses
總營業費用 Total Operating Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +30% YoY +31% 14.4 11.9 12.3 11.1 11.0 20.5% 19.0% 19.1% 19.7% 18.6% 2Q18 3Q18 4Q18 1Q19 2Q19 12 Delta Confidential
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 QoQ +71% YoY +53% 5.9 5.9 5.3 3.5 3.2 9.4% 9.2% 7.3% 5.8% 6.1% 2Q18 3Q18 4Q18 1Q19 2Q19 13 Delta Confidential
Slide 14: Operating Profit by Sector
主要部門營業淨利 Operating Profit by Sector 單位：新台幣百萬元 Unit: NT$ million 2Q18 1Q19 2Q19 電源及零組件 2,079 2,149 4,131 Power Electronics 自動化 1,446 773 919 Automation 基礎設施 1,072 1,380 1,849 Infrastructure 14 Delta Confidential
Slide 15: Non-Operating Profit
業外損益 Non-Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +774% YoY 9.6% +682% 7.1 2.2% 2.1% 1.6% 1.5% 0.9 1.4 1.4 0.8 2Q18 3Q18 4Q18 1Q19 2Q19 15 Delta Confidential
Slide 16: Non-Operating Profit Breakdown
業外損益細項 Non-Operating Profit Breakdown 單位：新台幣百萬元 Unit: NT$ million 2Q18 1Q19 2Q19 採權益法之投資損益 245 189 21 Investment income under equity method 利息收益淨額 84 94 34 Interest income 滙兌損益 86 88 115 FX income 其他 489 438 6,903 Others 合計 904 809 7,073 Total 16 Delta Confidential
Slide 17: Profit before Income Tax
稅前淨利 Profit before Income Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +215% YoY +182% 12.5 7.4 7.3 4.4 3.9 17.0% 7.6% 11.6% 11.3% 7.3% 2Q18 3Q18 4Q18 1Q19 2Q19 17 Delta Confidential
Slide 18: EBITDA
息稅折舊及攤銷前利潤 EBITDA 單位：新台幣十億元及營收百分比 QoQ Unit: NT$ billion & % of sales +131% YoY +120% 16.2 10.4 10.1 7.4 7.0 22.1% 16.3% 15.7% 12.8% 13.0% 2Q18 3Q18 4Q18 1Q19 2Q19 18 Delta Confidential
Slide 19: Income Tax & Non-Controlling Interest
所得稅與非控制權益 Income Tax & Non-Controlling Interest 單位：新台幣百萬元 Unit: NT$ million 2Q18 1Q19 2Q19 稅前淨利 4,409 3,948 12,442 Profit before income tax 所得稅 (994) (489) (2,425) Income tax 非控制權益 (138) (87) (487) Non-controlling interest 稅後淨利 3,277 3,372 9,530 Net profit after tax 19 Delta Confidential
Slide 20: Net Profits after Taxes
稅後淨利 Net Profits after Taxes 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +183% YoY +191% 9.5 6.0 6.0 3.3 3.4 13.0% 9.6% 9.4% 5.7% 6.2% 2Q18 3Q18 4Q18 1Q19 2Q19 20 Delta Confidential
Slide 21: EPS
每股淨利(新台幣元) EPS (unit: NT$) 2.35 2.32 3.67 1.26 1.30 2Q18 3Q18 4Q18 1Q19 2Q19 *每股盈餘之設算基於在外流通股數25.98億股。 *EPS based on shares outstanding of 2,598 million. 21 Delta Confidential
Slide 22: 2019 First Half Accumulated Results
2019年上半年結算數字 2019 First Half Accumulated Results 22 Delta Confidential
Slide 23: Revenues
合併營收 Revenues 單位：新台幣十億元 Unit: NT$ billion +17% 127.5 108.8 1H18 1H19 23 Delta Confidential
Slide 24: Revenues by Business
業務分類 Revenues by Business 1H18 1H19 電源及零組件 電源及零組件 Power Power Electronics Electronics 自動化 47% 44% 自動化 Automation Automation 16% 15% 其他 其他 基礎設施 Others 基礎設施 Others Infrastructure 0% Infrastructure 1% 39% 38% 24 Delta Confidential
Slide 25: Revenues by Business
業務分類 Revenues by Business 單位：新台幣百萬元 Unit: NT$ million 1H18 1H19 Changes 電源及零組件 48,173 59,778 24% Power Electronics 自動化 17,629 18,495 5% Automation 基礎設施 42,394 48,834 15% Infrastructure 25 Delta Confidential
Slide 26: Gross Profits
營業毛利 Gross Profits 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 34.1 +24% 27.5 26.7% 25.3% 1H18 1H19 26 Delta Confidential
Slide 27: R&D Expenses
研發費用 R&D Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +23% 10.8 8.7 8.0% 8.5% 1H18 1H19 27 Delta Confidential
Slide 28: 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 +18% 14.8 12.5 11.5% 11.5% 1H18 1H19 28 Delta Confidential
Slide 29: Operating Expenses
總營業費用 Operating Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +20% 25.6 21.2 19.5% 20.0% 1H18 1H19 29 Delta Confidential
Slide 30: Operating Profits
營業淨利 Operating Profits 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 8.5 +36% 6.3 6.7% 5.8% 1H18 1H19 30 Delta Confidential
Slide 31: Operating Profits by Sector
主要部門營業淨利 Operating Profits by Sector 單位：新台幣百萬元 Unit: NT$ million 1H18 1H19 電源及零組件 3,697 6,280 Power Electronics 自動化 2,658 1,692 Automation 基礎設施 2,073 3,229 Infrastructure 31 Delta Confidential
Slide 32: Non-Operating Profits
業外損益 Non-Operating Profits 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 7.9 +320% 1.9 6.2% 1.7% 1H18 1H19 32 Delta Confidential
Slide 33: Non-Operating Income Breakdown
業外損益細項 Non-Operating Income Breakdown 單位：新台幣百萬元 Unit: NT$ million 1H18 1H19 採權益法之投資損益 420 210 Investment income under equity method 利息收益淨額 136 128 Interest income 滙兌損益 63 203 FX income 其他 1,256 7,341 Others 合計 1,875 7,882 Total 33 Delta Confidential
Slide 34: Net Incomes Before Taxes
稅前淨利 Net Incomes Before Taxes 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 16.4 +101% 8.2 12.9% 7.5% 1H18 1H19 34 Delta Confidential
Slide 35: EBITDA
息稅折舊及攤銷前利潤 EBITDA 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 23.2 +66% 14.0 18.2% 12.9% 1H18 1H19 35 Delta Confidential
Slide 36: Taxes & Non-controlling Interests
所得稅與非控制權益 Taxes & Non-controlling Interests 單位：新台幣百萬元 Unit: NT$ million 1H18 1H19 稅前淨利 8,151 16,390 Profit before income tax 所得稅 (1,856) (2,914) Income tax 非控制權益 (237) (574) Non-controlling interest 稅後淨利 6,058 12,902 Net profit after tax 36 Delta Confidential
Slide 37: Net Profits After Taxes
稅後淨利 Net Profits After Taxes 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 12.9 +113% 6.1 10.1% 5.6% 1H18 1H19 37 Delta Confidential
Slide 38: EPS
每股淨利(新台幣元) EPS (unit: NT$) 4.97 2.33 1H18 1H19 *每股盈餘之設算基於在外流通股數25.98億股。 *EPS based on shares outstanding of 2,598 million. 38 Delta Confidential
Slide 39: Smarter. Greener. Together.
Smarter. Greener. Together. To learn more about Delta, please visit www.deltaww.com