Slide 1: MediaTek 2018-Q2 Investor Conference
聯發科技 2018年第二季法人說明會 MediaTek 2018-Q2 Investor Conference July 31, 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 21.8% 4.1% 80,000 58,079 60,481 60,000 49,654 40,000 20,000 0 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY -0.2pt 3.2pt 40% 38.4% 38.2% 35.0% 35% 30% 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY 10.9% 5.8% 20,000 19,020 17,972 18,000 17,155 2,935 2,715 16,000 2,163 1,814 14,000 1,632 1,676 Selling expenses 12,000 10,000 Administration expenses 8,000 R&D expenses 13,624 13,316 14,272 6,000 4,000 2,000 0 2Q17 1Q18 2Q18 Copyright © MediaTek
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NT$ million) QoQ YoY 112.1% 73.5% 5,000 4,092 4,000 3,000 2,358 1,929 2,000 1,000 0 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 2.9pt 2.7pt 10% 6.8% 5% 4.1% 3.9% 0% 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY 181.9% 239.3% 8,000 7,498 7,000 6,000 5,000 4,000 3,000 2,660 2,210 2,000 1,000 0 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY 7pt 8.6pt 20% 15% 12.4% 10% 5.4% 3.8% 5% 0% 2Q17 1Q18 2Q18 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY 3.06 3.24 5.00 4.75 4.50 4.00 3.50 3.00 2.50 2.00 1.69 1.51 1.50 1.00 0.50 0.00 2Q17 1Q18 2Q18 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) 2Q18 1Q18 2Q17 Q-Q Y-Y Net Sales 60,481 49,654 58,079 21.8% 4.1% Operating costs (37,369) (30,569) (37,749) Gross profit 23,113 19,085 20,330 21.1% 13.7% Selling expenses (2,935) (2,163
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 2Q18 1Q18 2Q17 Gross profit 38.2% 38.4% 35.0% Selling expenses (4.9%) (4.4%) (4.7%) Administration expenses (3.0%) (3.4%) (2.8%) R&D expenses (23.6%) (26.8%) (23.5%) Operating income 6.8% 3.9% 4.1% Non-operating income 7.7% 2.4% 1.8% Income tax expense
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 2Q18 1Q18 2Q17 Cash & financial assets-current 191,991 165,235 154,945 Accounts receivable 31,956 25,839 20,581 Inventories 36,875 33,320 39,617 Other current assets 17,345 15,896 23,066 Funds and investments 45,770 54,311 45,861 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 2Q18 1Q18 2Q17 Net cash provided by (used in) operating activities 9,202 (1,663) (1,156) Net cash provided by (used in) investing activities 5,156 (896) (2,410) Net cash provided by (used in) financing activities 14,431 (1,281) 2,422
Slide 16: 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) 2Q18 1Q18 2Q17 Q-Q Y-Y TIFRS operating income 4,092 1,929 2,358 TIFRS net income 7,498 2,660 2,210 TIFRS EPS(NT$) 4.75 1.69 1.51 Non-TIFRS reconciliation items 409 380 711 Share-based compensation 114 113 246 Amortization o
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17