Delta Electronics, Inc. · TWSE:2308

Delta Electronics — Q2 2018 Earnings Presentation

39 slides from Delta Electronics's earnings presentation, Aug 1, 2018

  1. Slide 1: Delta Electronics, Inc. 2Q 2018 Results Analyst Meeting

    台達電子2018年第二季財報法人說明會 Delta Electronics, Inc. 2Q 2018 Results Analyst Meeting 1 August 2018

  2. Slide 2: Basis of financial numbers: IFRS, reviewed by CPA

    • 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

  3. Slide 3: 2018 Second Quarter Results

    2018年第二季結算數字 2018 Second Quarter Results 3 Delta Confidential

  4. Slide 4: Sales Revenue

    合併營收 Sales Revenue QoQ 單位：新台幣十億元 +14% Unit: NT$ billion YoY +8% 59.8 61.4 57.9 53.5 50.9 2Q17 3Q17 4Q17 1Q18 2Q18 4 Delta Confidential

  5. Slide 5: Sales Revenue by Business (QoQ)

    業務分類 (季對季) Sales Revenue by Business (QoQ) 1Q18 2Q18 電源及零組件 電源及零組件 Power Power Electronics Electronics 49% 49% 自動化 自動化 Automation Automation 其他 17% 17% 基礎設施 其他 基礎設施 Others Infrastructure Others Infrastructure 1% 33% 1% 33% 5 Delta Confidential

  6. 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 1Q18 2Q18 Changes 電源及零組件 24,912 28,536 15% Power Electronics 自動化 8,817 10,009 14% Automation 基礎設施 16,894 19,028 13% Infrastructure 6 Delta Confidential

  7. Slide 7: Sales Revenue by Business (YoY)

    業務分類 (年對年) Sales Revenue by Business (YoY) 2Q17 2Q18 電源及零組件 電源及零組件 Power Power Electronics Electronics 52% 49% 自動化 自動化 Automation Automation 其他 17% 基礎設施 16% 基礎設施 其他 Others Infrastructure 1% Infrastructure Others 31% 33% 1% 7 Delta Confidential

  8. 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 2Q17 2Q18 Changes 電源及零組件 27,926 28,536 2% Power Electronics 自動化 8,374 10,009 20% Automation 基礎設施 16,757 19,028 14% Infrastructure 8 Delta Confidential

  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 QoQ +11% YoY -1% 16.2 16.6 14.7 14.5 13.0 27.5% 27.1% 27.0% 25.6% 25.1% 2Q17 3Q17 4Q17 1Q18 2Q18 9 Delta Confidential

  10. 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 +7% YoY +13% 4.5 4.5 4.2 4.5 4.0 8.3% 7.8% 7.5% 7.5% 7.3% 2Q17 3Q17 4Q17 1Q18 2Q18 10 Delta Confidential

  11. 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 +8% YoY +6% 6.1 6.2 6.4 6.0 6.5 11.4% 11.8% 10.4% 10.3% 11.2% 2Q17 3Q17 4Q17 1Q18 2Q18 11 Delta Confidential

  12. 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 +7% YoY +9% 10.1 10.7 10.9 10.2 11.0 20.1% 18.9% 19.0% 18.0% 17.6% 2Q17 3Q17 4Q17 1Q18 2Q18 12 Delta Confidential

  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 QoQ +27% YoY -23% 5.5 5.8 4.6 2.8 3.5 9.1% 9.4% 8.5% 6.1% 5.5% 2Q17 3Q17 4Q17 1Q18 2Q18 13 Delta Confidential

  14. 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 2Q17 1Q18 2Q18 電源及零組件 2,953 1,567 1,920 Power Electronics 自動化 1,580 1,230 1,455 Automation 基礎設施 1,057 1,049 1,221 Infrastructure 14 Delta Confidential

  15. 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 QoQ Unit: NT$ billion & % of sales -7% YoY +3% 1.5 0.9 1.0 0.6 0.9 2.5% 1.9% 1.6% 1.6% 1.0% 2Q17 3Q17 4Q17 1Q18 2Q18 15 Delta Confidential

  16. 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 2Q17 1Q18 2Q18 採權益法之投資損益 25 175 245 Investment income under equity method 利息收益淨額 89 52 84 Interest income 滙兌損益 10 (23) 86 FX income 其他 757 767 489 Others 合計 881 971 904 Total 16 Delta Confidential

  17. 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 +18% YoY -19% 7.0 6.4 5.4 3.8 4.4 11.6% 10.5% 10.2% 7.4% 7.6% 2Q17 3Q17 4Q17 1Q18 2Q18 17 Delta Confidential

  18. 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 Unit: NT$ billion & % of sales QoQ +11% YoY -9% 9.6 9.3 8.1 7.4 6.6 15.2% 16.0% 15.2% 13.0% 12.8% 2Q17 3Q17 4Q17 1Q18 2Q18 18 Delta Confidential

  19. 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 2Q17 1Q18 2Q18 稅前淨利 5,441 3,742 4,409 Profit before income tax 所得稅 (1,138) (863) (994) Income tax 非控制權益 (70) (98) (138) Non-controlling interest 稅後淨利 4,233 2,781 3,277 Net profit after tax 19 Delta Confidential

  20. 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 +18% YoY -23% 5.5 4.2 4.8 2.8 3.3 9.1% 7.8% 7.9% 5.7% 5.5% 2Q17 3Q17 4Q17 1Q18 2Q18 20 Delta Confidential

  21. Slide 21: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 2.10 1.84 1.63 1.26 1.07 2Q17 3Q17 4Q17 1Q18 2Q18 *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

  22. Slide 22: 2018 First Half Accumulated Results

    2018年上半年結算數字 2018 First Half Accumulated Results 22 Delta Confidential

  23. Slide 23: Revenues 1H17 vs 1H18

    合併營收 Revenues 單位：新台幣十億元 Unit: NT$ billion +6% 102.4 108.8 1H17 1H18 23 Delta Confidential

  24. Slide 24: Revenues by Business

    業務分類 Revenues by Business 1H17 1H18 電源及零組件 電源及零組件 Power Power Electronics Electronics 49% 53% 自動化 Automation 自動化 17% Automation 其他 基礎設施 基礎設施 15% 其他 Others Infrastructure Infrastructure Others 1% 33% 31% 1% 24 Delta Confidential

  25. Slide 25: Revenues by Business

    業務分類 Revenues by Business 單位：新台幣百萬元 Unit: NT$ million 1H17 1H18 Changes 電源及零組件 54,032 53,448 -1% Power Electronics 自動化 15,364 18,826 23% Automation 基礎設施 32,053 35,921 12% Infrastructure 25 Delta Confidential

  26. 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 28.0 27.5 -2% 27.3% 25.3% 1H17 1H18 26 Delta Confidential

  27. 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 +13% 8.8 7.7 7.6% 8.0% 1H17 1H18 27 Delta Confidential

  28. 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 +6% 11.7 12.5 11.5% 11.5% 1H17 1H18 28 Delta Confidential

  29. 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 19.5 +9% 21.2 19.0% 19.5% 1H17 1H18 29 Delta Confidential

  30. 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 -26% 6.3 8.3% 5.8% 1H17 1H18 30 Delta Confidential

  31. 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 1H17 1H18 電源及零組件 5,633 3,486 Power Electronics 自動化 2,754 2,685 Automation 基礎設施 2,161 2,270 Infrastructure 31 Delta Confidential

  32. 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 1.9 1.9 -0% 1.8% 1.7% 1H17 1H18 32 Delta Confidential

  33. 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 1H17 1H18 採權益法之投資損益 231 420 Investment income under equity method 利息收益淨額 125 136 Interest income 滙兌損益 153 63 FX income 其他 1,371 1,256 Others 合計 1,880 1,875 Total 33 Delta Confidential

  34. 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 10.4 -22% 8.2 10.2% 7.5% 1H17 1H18 34 Delta Confidential

  35. 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 15.4 -9% 14.0 15.1% 12.9% 1H17 1H18 35 Delta Confidential

  36. 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 1H17 1H18 稅前淨利 10,408 8,151 Profit before income tax 所得稅 (2,131) (1,856) Income tax 非控制權益 (125) (237) Non-controlling interest 稅後淨利 8,152 6,058 Net profit after tax 36 Delta Confidential

  37. 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 8.2 -26% 6.1 8.0% 5.6% 1H17 1H18 37 Delta Confidential

  38. Slide 38: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 3.14 2.33 1H17 1H18 *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

  39. Slide 39: Smarter. Greener. Together.

    Smarter. Greener. Together. To learn more about Delta, please visit www.deltaww.com

Delta Electronics — Q2 2018 Earnings Presentation on 6ix