Slide 1: MediaTek 2018-Q1 Investor Conference
聯發科技 2018年第一季法人說明會 MediaTek 2018-Q1 Investor Conference April 27, 2018 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 (NT$ million) QoQ YoY -17.8% -11.5% 80,000 60,403 60,000 56,083 49,654 40,000 20,000 0 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 1pt 4.9pt 40% 38.4% 37.4% 35% 33.5% 30% 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY -19.4% -2.4% 25,000 21,294 20,000 17,578 3,050 17,155 2,385 2,368 2,163 Selling expenses 15,000 1,720 1,676 Administration expenses 10,000 R&D expenses 15,859 13,489 13,316 5,000 0 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NT$ million) QoQ YoY 49.5% 59.2% 3,000 2,000 1,929 1,212 1,290 1,000 0 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 1.8pt 1.7pt 10% 5% 3.9% 2.2% 2.1% 0% 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY -73.8% -59.9% 12,000 10,160 10,000 8,000 6,639 6,000 4,000 2,660 2,000 0 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY -11.4pt -6.4pt 20% 16.8% 15% 11.8% 10% 5.4% 5% 0% 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY -4.81 -2.6 7.00 6.50 6.00 5.00 4.29 4.00 3.00 2.00 1.69 1.00 0.00 1Q17 4Q17 1Q18 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements
Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements Copyright © MediaTek Inc. All rights reserved. 10
Slide 12: Consolidated Income Statement (Unaudited)
Consolidated Income Statement (Unaudited) (In NT$millions,except earningsper share ) (In NT$ millions, except EPS) 1Q18 4Q17 1Q17 Q-Q Y-Y Net Sales 49,654 60,403 56,083 (17.8%) (11.5%) Operating costs (30,569) (37,819) (37,293) Gross profit 19,085 22,584 18,790 (15.5%) 1.6% Selling expenses (2,163)
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 1Q18 4Q17 1Q17 Gross profit 38.4% 37.4% 33.5% Selling expenses (4.4%) (5.0%) (4.2%) Administration expenses (3.4%) (3.9%) (3.1%) R&D expenses (26.8%) (26.3%) (24.1%) Operating income 3.9% 2.1% 2.2% Non-operating income 2.4% 15.6% 11.2% Income tax expen
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 1Q18 4Q17 1Q17 Cash & financial assets-current 165,235 170,120 152,165 Accounts receivable 25,839 16,895 18,288 Inventories 33,320 26,540 37,621 Other current assets 15,896 25,109 23,456 Funds and investments 54,311 37,772 40,899 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 1Q18 4Q17 1Q17 Net cash provided by (used in) operating activities (1,663) 16,707 (1,183) Net cash provided by (used in) investing activities (896) (2,137) (5,459) Net cash provided by (used in) financing activities (1,281) 1,408 9,7
Slide 16: Supplemental Information: Reconciliations of TIFRS Results to Non-TIFRS Results
【Supplemental Information】 Reconciliations of TIFRS Results to Non-TIFRS Results Copyright © MediaTek Inc. All rights reserved. 15
Slide 17: Reconciliations of TIFRS Results to Non-TIFRS Results
Reconciliations of TIFRS Results to Non-TIFRS ResultsNote2 (In NT$ millions) 1Q18 4Q17 1Q17 Q-Q Y-Y TIFRS operating income 1,929 1,290 1,212 TIFRS net income 2,660 10,160 6,639 TIFRS EPS(NT$) 1.69 6.50 4.29 Non-TIFRS reconciliation items 380 299 499 Share-based compensation 113 (-54) 207 Amortizatio
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17