Slide 1: ELAN Microelectronics Corp. 3Q18 Investor Conference
義隆電子 ELAN Microelectronics Corp. ELAN Microelectronics Corp. 3Q18 Investor Conference 2018/10/30
Slide 2: Sales Breakdown by Product Line
義隆電子 ELAN Microelectronics Corp. Sales Breakdown by Product Line (Consolidated) Sales: NT$M 6,559 7,503 1,589 1,867 2,160 1,887 1,779 2,104 2,484 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 3Q18 Income Statement YoY Comparison
義隆電子 ELAN Microelectronics Corp. 3Q18 Income Statement YoY Comparison (Consolidated) NT$M 3Q18 % 3Q17 % YoY(%) Sales 2,484 100.0 2,160 100.0 15.0 Gross profit 1,146 46.1 994 46.0 15.3 Sales expense 97 3.9 85 3.9 G&A expense 86 3.5 80 3.7 R&D expense 396 15.9 361 16.7 Operating profit 567 22.8 468 21
Slide 4: 3Q18 Income Statement QoQ Comparison
義隆電子 ELAN Microelectronics Corp. 3Q18 Income Statement QoQ Comparison (Consolidated) NT$M 3Q18 % 2Q18 % QoQ(%) Sales 2,484 100.0 2,104 100.0 18.1 Gross profit 1,146 46.1 948 45.1 20.9 Sales expense 97 3.9 103 4.9 G&A expense 86 3.5 82 3.9 R&D expense 396 15.9 376 17.9 Operating profit 567 22.8 387 1
Slide 5: 1Q18~3Q18 Income Statement YoY Comparison
義隆電子 ELAN Microelectronics Corp. 1Q18~3Q18 Income Statement YoY Comparison (Consolidated) NT$M 1Q18~3Q18 % 1Q17~3Q17 % YoY(%) Sales 6,367 100.0 5,616 100.0 13.4 Gross profit 2,884 45.3 2,522 44.9 14.4 Sales expense 272 4.3 230 4.1 G&A expense 246 3.9 230 4.1 R&D expense 1,124 17.7 1,036 18.4 Operati
Slide 6: 1Q18~3Q18 Income Statement Comparison
義隆電子 ELAN Microelectronics Corp. 1Q18~3Q18 Income Statement YoY Comparison (Consolidated) NT$M 1Q18 % 2Q18 % 3Q18 % 1Q18~3Q18 % Sales 1,779 100.0 2,104 100.0 2,484 100.0 6,367 100.0 Gross profit 790 44.4 948 45.1 1,146 46.1 2,884 45.3 Sales expense 72 4.0 103 4.9 97 3.9 272 4.3 G&A expense 78 4.4 82
Slide 7: Balance Sheets
義隆電子 ELAN Microelectronics Corp. Balance Sheets September 30, 2018 (Consolidated) NT$M Current assets 8,526 Cash and cash equivalents 3,058 Current financial assets 634 A/R&A/N 2,205 Inventory 1,158 Other current assets 58 Other current financial assets 1,413 Non-current financial assets 1,366 Fixed
Slide 8: Cash Flow Statement
義隆電子 ELAN Microelectronics Corp. Cash Flow Statement September 30, 2018 (Consolidated) NT$M Income before tax 1,380 Dep & Amort. 72 Inc. of A/R & N/R (370) Inc. of inventory (75) Inc. of A/P & N/P 233 Others (181) Operating cashflow 1,059 Inc.F/A (72) Dec. of investments 71 Dec.Time deposit with mat
Slide 9: 4Q18 Guidance
義隆電子 ELAN Microelectronics Corp. 4Q18 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 2.26 Billion and NT$ 2.31 Billion • Gross Margin to be about 45.5% to 46.5% • Operating Income Rate to be about 21.1% to 22.7%
Slide 10: The Wave of the Stylus
義隆電子 ELAN Microelectronics Corp. The Wave of the Stylus ?! Smartphone Tablet PC Notebook PC
Slide 11: Touch Controller with Pen Function Shipment
義隆電子 ELAN Microelectronics Corp. Touch Controller with Pen Function Shipment Unit: Set MPP2.0 MPP1.51 MPP1.5 MPP1.0
Slide 12: Different Stylus Solutions for Mobile Phone
義隆電子 ELAN Microelectronics Corp. Different Stylus Solutions for Mobile Phone X Pen Q Stylus M Pen S Pen EMR Capacitive Passive Capacitive Pen Pen Pen Samsung Infinix LG Huawei Note Series Note 4/5 Pro Q Stylus+ Mate 20X
Slide 13: Apple Pen for Mobile Phone Strategy?
義隆電子 ELAN Microelectronics Corp. Apple Pen for Mobile Phone Strategy ? Apple iOS Already Support Stylus Application Demo Apple iOS
Slide 14: ELAN TDDI Products Strategy
義隆電子 ELAN Microelectronics Corp. ELAN TDDI Products Strategy 1. For FHD Model Support Low Cost Solution: Passive Pen 2. For FHD Model Support High Performance Solution: Active Pen (i) Precise Pressure Levels (ii) High Hover Control (iii) Tilt Angles (iv) Fast Report Rate
Slide 15: Q&A
義隆電子 ELAN Microelectronics Corp. Q&A Q&A AI enables Intelligent Traffic 智慧交通監控方案