Slide 1: MediaTek 2013-Q1 Investor Conference
聯發科技 2013 年第一季法人說明會 MediaTek 2013-Q1 Investor Conference May 6, 2013 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 QoQ (NT$ million) YoY -10.3% 22.2% 40,000 26,737 23,974 19,615 20,000 0 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 0.6 pt 0 pt 47% 45% 43% 42.1% 42.1% 41.5% 41% 39% 37% 35% 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY -7.8% 10.5% 10,000 7,596 7,003 6,335 858 811 849 589 662 5,000 691 Selling expenses Administration 5,927 5,491 expenses 5,055 R&D expenses 0 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidate Operating Income YoY QoQ 60.9% -11.8% (NT$ million) 4,000 3,501 3,087 2,000 1,919 0 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY -0.2 pt 3.1 pt 15% 13.1% 12.9% 9.8% 10% 5% 0% 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ -16.6% YoY (NT$ million) 50.9% 6,000 4,479 4,000 3,736 2,475 2,000 0 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$) -0.57 YoY 0.62 4 3.36 2.79 2.17 2 0 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Inventory Turnover Days
Inventory Turnover Days (Days) 100 88 80 77 76 60 40 20 1Q12 4Q12 1Q13 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 12: Q1 FY13 Consolidated Income Statement
Q1 FY13 Consolidated Income Statement (In NT$ millions, except per share amounts) 1Q13 4Q12 1Q12 Q-Q Y-Y Net Revenue 23,974 26,737 19,615 (10.3 %) 22.2% Cost of Goods Sold (13,884) (15,640) (11,361) Gross Profit 10,090 11,097 8,254 (9.1 %) 22.2% Selling expenses (849) (858) (589) Administration expe
Slide 13: Q1 FY13 Supplemental Information: Percentage of Revenue
Q1 FY13 Supplemental Information: Percentage of Revenue 1Q13 4Q12 1Q12 Gross profit 42.1% 41.5% 42.1% R&D expenses (22.9 %) (22.2 %) (25.8 %) Selling expenses (3.5 %) (3.2 %) (3.0 %) Administration expenses (2.8 %) (3.0 %) (3.5 %) Operating profit 12.9% 13.1% 9.8% Non-operating income 3.5% 4.0% 3.3%
Slide 14: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 1Q13 4Q12 1Q12 Cash & Financial assets-current 98,749 90,590 90,806 Accounts receivable 6,795 6,585 7,372 Inventories 12,844 13,867 9,853 Funds and investments 67,680 64,966 9,907 Intangible assets 15,600 15,727 16,528 Total assets 219,650 210,407 150,137 Shor
Slide 15: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 1Q13 4Q12 1Q12 Cash flow from operations 3,057 2,647 770 Cash flow from investing 74 14 (2,439) Cash flow from financing 3,734 (1,720) 3,508 Effect of exchange rate changes 1,358 (220) (1,212) Net increase in cash & equivalents 8,224 722 626 Cash & equivalents at
Slide 16: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.