Innolux Corp. · TWSE:3481
Innolux — Chimei Innolux — Q1 2011 Earnings Presentation
10 slides from Innolux's earnings presentation, May 2011
Slide 1: 1Q 2011 Earning Results
1Q 2011 Earning Results May 2011
Slide 2: Disclaimer
Disclaimer Chimei Innolux Corporation’s statements of its current expectations and estimates are forward-looking statements subject to significant known and unknown risks and uncertainties and actual results may differ materially from those contained or implied in the forward looking statements. The
Slide 3: CMI with TFT Subsidiaries 1Q 2011 Income Statement - QoQ
CMI with TFT Subsidiaries 1Q 2011 Income Statement - QoQ NT$ million % % QoQ % Except Per Share Data 1Q11 Revenue 4Q10 Revenue Change Net Sales 124,327 100.0% 130,389 100.0% (4.6%) Cost of Goods Sold (130,958) (105.3%) (140,286) (107.6%) (6.6%) Gross Profit (Loss) (6,631) (5.3%) (9,897) (7.6%) (33.0
Slide 4: CMI with TFT Subsidiaries 1Q 2011 Balance Sheet
CMI with TFT Subsidiaries 1Q 2011 Balance Sheet NT$ million 2011.3.31 2010.12.31 2010.3.31 Cash & Short Term Investment 52,727 58,998 73,557 Inventory 67,691 61,579 52,827 Total Assets 707,736 698,315 713,339 Short Term Debt (1) 104,772 108,385 80,579 Long Term Debt (2) 207,027 179,726 209,870 Share
Slide 5: Large-size Shipment Units and ASP Trends
Large-size Shipment Units and ASP Trends Unit shipment(1) ASP(1)(2) (’000) (US$) 60,000 160 Shipment ASP 50,000 118 119 115 115 113 107 120 99 101 40,000 30,000 80 20,000 32,950 33,101 33,840 33,888 33,637 32,272 29,378 30,597 40 10,000 0 0 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 Notes: 1. All figur
Slide 6: Small & Medium-Size Shipment and Sales Trends
Small & Medium-Size Shipment and Sales Trends Revenue(1) Unit shipment(1) (NT$ Million) (Million Units) 35,000 Shipment Revenue 250 30,000 28,590 28,729 25,875 200 25,000 18,344 150 20,000 16,447 16,593 12,969 13,886 15,000 100 10,000 114 110 110 123 99 108 101 50 5,000 84 0 0 2Q09 3Q09 4Q09 1Q10 2Q
Slide 7: Revenue, Gross Margin, EBITDA Trends, and EPS Trends
Revenue, Gross Margin, EBITDA Trends, and EPS Trends Revenue(1) Revenue Proforma EBITDA Margin Gross Margin EPS (NT$ Billion) 0.85 1.43 0.87 -1.38 -1.52 -0.80 250 24.1% -1.89 20.2% 16.0% -3.79 15.1% 15.0% 11.4% 12.8% 10.4% 9.3% 200 5.2% 4.7% -0.6% 2.7% 10.3% -7.6% -5.3% 146 140 139 145 150 137 130 1
Slide 8: Sales Breakdown by Application
Sales Breakdown by Application TV Desktop Notebook Small & Medium Others 2% 2% 3% 3% 4% 4% 4% 5% 100% 11% 13% 12% 10% 11% 5% 19% 22% 6% 7% 8% 23% 80% 8% 6% 6% 6% 60% 37% 42% 36% 49% 44% 30% 33% 29% 40% 20% 41% 37% 41% 41% 37% 33% 35% 35% 0% 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 Notes: 1. All figur
Slide 9: Sales Breakdown by Size
Sales Breakdown by Size <10" 10 to <20" 20 to <30" 30 to <40" 40"+ 100% 12% 12% 9% 12% 15% 14% 16% 14% 16% 80% 9% 11% 14% 19% 18% 18% 15% 60% 34% 30% 29% 27% 31% 29% 24% 30% 40% 23% 22% 32% 21% 31% 30% 30% 27% 20% 20% 23% 24% 11% 13% 12% 11% 12% 0% 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 Notes: 1. A
Slide 10: For further information, please visit our website
For further information, please visit our website at: www.chimei-innolux.com Contact Investor Relations at: phone: +886 (0)6 505-3760 email:ir@chimei-innolux.com Page 10