Slide 1: MediaTek 2017-Q2 Investor Conference
聯發科技 2017年第二季法人說明會 MediaTek 2017-Q2 Investor Conference July 31, 2017 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 3.6% -19.9% 80,000 72,527 60,000 56,083 58,079 40,000 20,000 0 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 1.5pt -0.2pt 40% 35.2% 35.0% 35% 33.5% 30% 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY 2.2% -2.8% 20,000 18,484 17,578 17,972 18,000 3,211 2,368 2,715 16,000 14,000 1,632 1,720 1,632 Selling expenses 12,000 10,000 Administration expenses 8,000 R&D expenses 13,641 13,489 13,624 6,000 4,000 2,000 0 2Q16 1Q17 2Q17 Copyright © MediaTek
Slide 6: Consolidated Operating Income
Consolidated Operating Income QoQ (NT$ million) YoY 94.6% -66.6% 8,000 7,069 7,000 6,000 5,000 4,000 3,000 2,358 2,000 1,212 1,000 0 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 1.9pt -5.6pt 15% 9.7% 10% 5% 4.1% 2.2% 0% 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY -66.7% -66.5% 7,000 6,590 6,639 6,000 5,000 4,000 3,000 2,210 2,000 1,000 0 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY -8pt -5.3pt 15% 11.8% 10% 9.1% 5% 3.8% 0% 2Q16 1Q17 2Q17 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY -2.78 -2.65 5.00 4.50 4.16 4.29 4.00 3.50 3.00 2.50 2.00 1.51 1.50 1.00 0.50 0.00 2Q16 1Q17 2Q17 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) 2Q17 1Q17 2Q16 Q-Q Y-Y Net Sales 58,079 56,083 72,527 3.6% (19.9%) Operating costs (37,749) (37,293) (46,974) Gross profit 20,330 18,790 25,553 8.2% (20.4%) Selling expenses (2,715) (2,
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 2Q17 1Q17 2Q16 Gross profit 35.0% 33.5% 35.2% Selling expenses (4.7%) (4.2%) (4.4%) Administration expenses (2.8%) (3.1%) (2.3%) R&D expenses (23.5%) (24.1%) (18.8%) Operating income 4.1% 2.2% 9.7% Non-operating income 1.8% 11.2% 0.9% Income tax expens
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 2Q17 1Q17 2Q16 Cash & financial assets-current 154,945 152,165 172,084 Accounts receivable 20,581 18,288 21,014 Inventories 39,617 37,621 34,014 Other current assets 23,066 23,456 11,342 Funds and investments 45,861 40,899 22,953 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 2Q17 1Q17 2Q16 Net cash provided by (used in) operating activities (1,156) (1,183) 12,210 Net cash provided by (used in) investing activities (2,410) (5,459) (6,229) Net cash provided by (used in) financing activities 2,422 9,702 (2,
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) 2Q17 1Q17 2Q16 Q-Q Y-Y TIFRS operating income 2,358 1,212 7,069 TIFRS net income 2,210 6,639 6,590 TIFRS EPS(NT$) 1.51 4.29 4.16 Non-TIFRS reconciliation items 711 499 340 Share-based compensation 246 207 8 Amortization of
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17