Slide 1: MediaTek 2012-Q4 Investor Conference
聯發科技 2012 年第四季法人說明會 MediaTek 2012-Q4 Investor Conference February 4, 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 -9.3% 18.1% 40,000 29,471 26,737 22,633 20,000 0 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 0.3pt -2.7 pt 47% 45% 44.2% 43% 41.5% 41.2% 41% 39% 37% 35% 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses YoY QoQ (NT$ million) -1.0% -4.5% 10,000 7,626 7,909 7,552 985 910 856 750 814 823 Selling 5,000 expenses Administration expenses 5,827 6,249 5,874 R&D expenses 0 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidate Operating Income YoY QoQ 49.7% -16.4% (NT$ million) 6,000 4,242 4,000 3,546 2,368 2,000 0 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY -1.1pt 2.8pt 20% 14.4% 15% 13.3% 10.5% 10% 5% 0% 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ -1.1% YoY (NT$ million) 67.5% 6,000 4,941 4,889 4,000 2,918 2,000 0 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$) -0.36 YoY 1.16 6 4.06 4 3.70 2.54 2 0 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Inventory Turnover Days
Inventory Turnover Days (Days) 80 76 60 61 60 40 20 4Q11 3Q12 4Q12 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Full Year 2012 Consolidated Results
Full Year 2012 Consolidated Results Consolidated revenue: NT$99,263 million Consolidated gross profit: NT$41,062 million Consolidated operating income: NT$12,505 million Consolidated net income: NT$15,688 million Consolidated earnings per share: NT$12.9 Copyright © MediaTek Inc. All rights
Slide 12: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 13: Q4 FY12 Consolidated Income Statement
Q4 FY12 Consolidated Income Statement (In NT$ millions, except per share amounts) 4Q12 3Q12 4Q11 Q-Q Y-Y Net Revenue 26,737 29,471 22,633 (9.3 %) 18.1% Cost of Goods Sold (15,639) (17,320) (12,639) Gross Profit 11,098 12,151 9,994 (8.7 %) 11.0% Selling expenses (856) (910) (985) Administration expen
Slide 14: Q4 FY12 Supplemental Information: Percentage of Revenue
Q4 FY12 Supplemental Information: Percentage of Revenue 4Q12 3Q12 4Q11 Gross profit 41.5% 41.2% 44.2% R&D expenses (22.0 %) (21.2 %) (25.7 %) Selling expenses (3.2 %) (3.1 %) (4.4 %) Administration expenses (3.1 %) (2.5 %) (3.6 %) Operating profit 13.3% 14.4% 10.5% Non-operating income 5.5% 3.0% 3.3
Slide 15: FY12 Consolidated Income Statement
FY12 Consolidated Income Statement (In NT$ millions, except per share amounts) 2012 2011 Y-Y Net Revenue 99,263 86,857 14.3% Cost of Goods Sold (58,201) (47,513) Gross Profit 41,062 39,344 4.4% Selling expenses (3,109) (2,861) Administration expenses (3,064) (2,955) R&D expenses (22,384) (21,184) Op
Slide 16: FY12 Supplemental Information: Percentage of Revenue
FY12 Supplemental Information: Percentage of Revenue 2012 2011 Gross profit 41.4% 45.3% R&D expense (22.6 %) (24.4 %) Selling expenses (3.1 %) (3.3 %) Administration expenses (3.1 %) (3.4 %) Operating profit 12.6% 14.2% Non-operating income 4.1% 2.1% Income tax expense (1.0 %) (0.7 %) Net profit 15.
Slide 17: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 4Q12 3Q12 4Q11 Cash & Financial assets-current 90,276 91,177 91,032 Accounts receivable 6,585 8,216 7,384 Inventories 13,867 12,091 9,392 Funds and investments 65,120 65,822 9,417 Intangible assets 15,842 16,248 16,151 Total assets 210,243 211,242 147,741 Shor
Slide 18: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 4Q12 3Q12 4Q11 Cash flow from operations 2,647 4,221 9,323 Cash flow from investing 14 (1,339) 2,130 Cash flow from financing (1,720) (11,869) 1,657 Effect of exchange rate changes (220) (928) (254) Net increase in cash & equivalents 721 (9,915) 12,856 Cash & equi
Slide 19: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.