Delta Electronics, Inc. · TWSE:2308
Delta Electronics — Q3 2022 Earnings Presentation
20 slides from Delta Electronics's earnings presentation, Oct 28, 2022
Slide 1: Delta Electronics, Inc. 3Q 2022 Results
Delta Electronics, Inc. 3Q 2022 Results 台達電子2022年第三季財報法人說明會 28 Oct 2022
Slide 2: Basis of financial numbers (IFRS)
The financial numbers hereby are based on International Financial Reporting Standards (IFRS) 本簡報財務數字係根據國際財務報導準則編製 Cumulative consolidated numbers were reviewed by CPA 合併數字經會計師核閱
Slide 3: 3Q 2022 Financial Results
3Q 2022 Financial Results 2022年第三季結算數字 3 Delta Confidential
Slide 4: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Y/Y Q/Q Sales 年對年 季對季 營收 3Q21 4Q21 1Q22 2Q22 3Q22 Sales 79.6 83.8 82.5 90.0 106.3 Sales +33% +18% 營收 GP 毛利 3Q21 4Q21 1Q22 2Q22 3Q22 GP +43% +22% GP 22.5 22.4 22.5 26.5 32.2 毛利 GPM 28.3% 26.7% 27.3% 29.4% 30.3% 4 Delta Confidential
Slide 5: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 NT$ billion 40.0 新台幣十億元 35.0 Y/Y Q/Q 30.0 年對年 季對季 25.0 8.4 R&D 7.7 20.0 6.8 6.9 6.9 10.2 R&D SG&A 15.0 +23% +10% 9.1 研發費用 OP 10.0 7.9 8.2 8.2 9.6 13.6 5.0 7.8 7.3 7.5 0.0 SG&A +29% +11% (% of sales) 3Q21 4Q21 1Q22 2Q22 3Q22 銷管費用 R&D 8.6% 8.2% 8.3% 8.5% 8.0% OPEX
Slide 6: Performance by Segment
Performance by Segment 主要部門表現 Sales% 營收佔比 NT$ million 新台幣百萬元 Sales Y/Y Q/Q Profits Y/Y Q/Q Power 60% 59% 60% Electronics 63,539 +33% +20% 10,042 +76% +42% 電源及零組件 14% 15% 13% Automation 14,343 +27% +9% 1,017 +11% +4% 自動化 26% 26% 27% 3Q21 2Q22 3Q22 Infrastructure 28,321 +38% +20% 2,479 +115% +54% 基礎設施
Slide 7: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 3Q21 2Q22 3Q22 Gain on disposal of investment 0 0 0 處分投資損益 NT$ billion 新台幣十億元 Interest income 44 (10) (2) 利息收益 Non-OP FX income and 業外損益 valuation of FX forward 412 569 874 滙兌損益及遠匯評價損益等 3Q21 4Q21 1Q22 2Q223Q22 non-op 0.5 1.1 1.1 1.1 1.7 Others 53 618 761
Slide 8: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax 稅前淨利 Y/Y Q/Q 3Q21 4Q21 1Q22 2Q22 3Q22 年對年 季對季 PBT 8.3 8.4 8.5 10.9 15.1 % of sales 10.4% 10.1% 10.3% 12.0% 14.3% Profits before tax +83% +40% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 3Q21 4Q21 1Q22 2Q22 3Q22 EBITDA 息稅折舊及 +59% +29% EB
Slide 9: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million 新台幣百萬元 3Q21 2Q22 3Q22 Net profits Profit before after tax income tax 8,287 10,831 15,172 稅後淨利 稅前淨利 3Q21 4Q21 1Q22 2Q22 3Q22 稅後淨利 6.4 6.2 6.1 7.6 11.1 Income tax 所得稅 (1,689) (1,989) (2,950) 稅後淨利率 8.0% 7.5% 7.3% 8.5% 10.4% Non-controlling inter
Slide 10: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 4.26 2.45 2.42 2.94 2.33 3Q21 4Q21 1Q22 2Q22 3Q22 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 10 Delta Confidential
Slide 11: YT3Q 2022 Financial Results
YT3Q 2022 Financial Results 2022年前三季結算數字 11 Delta Confidential
Slide 12: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Sales 營收 Y/Y 年對年 YT3Q21 YT3Q22 Sales 230.9 278.8 Sales +21% 營收 GP GP 毛利 毛利 +20% YT3Q21 YT3Q22 GP 67.8 81.2 GPM 29.4% 29.1% 12 Delta Confidential
Slide 13: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 90.0 NT$ billion80.0 新台幣十億元 Y/Y 70.0 23.0 年對年 60.0 20.3 R&D 50.0 27.5 R&D +13% SG&A 40.0 23.4 研發費用 30.0 OP 20.0 24.1 30.7 10.0 SG&A +17% (% of sales) YT3Q21 YT3Q22 銷管費用 R&D 8.8% 8.3% OPEX +15% SG&A 10.2% 9.8% 總營業費用 OPEX 19.0% 18.1% OP +27% 營業淨利 OPM 10.4% 11.0% 13
Slide 14: Performance by Segment
Performance by Segment 主要部門表現 Sales% 營收佔比 NT$ million 新台幣百萬元 Sales Y/Y Profits Y/Y 60% 60% Power Electronics 165,730 +20% 22,677 +39% 電源及零組件 15% 14% 25% 26% Automation 39,256 +15% 2,648 -33% 自動化 YT3Q21 YT3Q22 Power Electronics Infrastructure 73,367 +26% 5,337 +39% Automation 基礎設施 Infrastructure Othe
Slide 15: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 YT3Q21 YT3Q22 Gain on disposal of NT$ billion investment 90 0 新台幣十億元 處分投資損益 Interest income 133 6 利息收益 Non-OP 業外損益 FX income and valuation of FX forward 1,035 1,755 滙兌損益及遠匯評價損益等 YT3Q21 YT3Q22 Others 1,865 2,119 non-op 3.1 3.9 其他 % of sales 1.4% 1.4% Tota
Slide 16: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax Y/Y 稅前淨利 年對年 YT3Q21 YT3Q22 PBT 27.2 34.5 % of sales 11.8% 12.4% Profits before tax +27% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 EBITDA YT3Q21 YT3Q22 息稅折舊及 +22% 攤銷前利潤 EBITDA 40.1 48.8 % of sales 17.4% 17.5% 16 Delta Confidential
Slide 17: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million YT3Q21 YT3Q22 新台幣百萬元 Net profits Profit before income tax 27,183 34,542 after tax 稅前淨利 稅後淨利 YT3Q21 YT3Q22 Income tax (5,478) (6,648) Net profits 所得稅 20.5 24.8 after tax % of sales 8.9% 8.9% Non-controlling interest (1,166) (3,139) 非控制權益 Y/Y 年
Slide 18: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 9.53 7.91 YT3Q21 YT3Q22 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 18 Delta Confidential
Slide 19: Business Category
Business Category 業務分類 Power supplies Industrial automation ICT Infrastructure EIS Infrastructure 電源供應器 工業自動化 資通訊基礎設施 能源基礎設施 Fans & thermal Telecom power Off-board EV charger Building automation 通信電源 電動車充電設備 風扇及散熱管理 樓宇自動化 Datacenter solutions Renewable energy Passive components 資料中
Slide 20: Smarter. Greener. Together.
Smarter. Greener. Together.