Taiwan Mobile Co., Ltd. · TWSE:3045
Taiwan Mobile — Q3 2018 Earnings Presentation
15 slides from Taiwan Mobile's earnings presentation, Nov 1, 2018
Slide 1: Taiwan Mobile Co., Ltd. 3Q18 Results Summary
Taiwan Mobile Co., Ltd. 3Q18 Results Summary November 1, 2018 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward-looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (the “Company”) undertakes no obligation to update or revise the
Slide 3: Business Overview
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Slide 4: Steady Increase in Cash Flows
Steady Increase in Cash Flows 1-3Q18 Telecom Service Revenue 1-3Q18 Telecom EBITDA -7% YoY -7% YoY +3% YoY -5% YoY Reported Pre-IFRS Reported Pre-IFRS Operating Cash Flow (NT$bn) Free Cash Flow (NT$bn) +1% YoY 22.3 22.5 +7% YoY 14.8 15.8 1-3Q17 1-3Q18 1-3Q17 1-3Q18 4
Slide 5: Cross-Selling Supporting Growth; Enterprise Business – The Bright Spot
Cross-Selling Supporting Growth Fixed Broadband Subs (K) MAU1 of myVideo (K) +6% YoY +182% YoY 225 2000 212 1000 0 3Q17 3Q18 3Q17 3Q18 1. MAU : monthly active users. Enterprise Business – The Bright Spot 3Q18 Revenue Growth +52% +24% +6% YoY YoY YoY Cloud IoT ICT 5
Slide 6: momo E-commerce – Crown Jewel
momo E-commerce – Crown Jewel Total Revenue (NT$bn) Total EBITDA (NT$bn) +27% YoY +15% YoY E-commerce as % of Total Revenue Mobile Commerce1 as % E-commerce Revenue 59.8% 60.4% 85.0% 58.3% 55.2% 82.6% 82.6% 52.3% 82.2% 80.6% 3Q17 4Q17 1Q18 2Q18 3Q18 3Q17 4Q17 1Q18 2Q18 3Q18 6 1. Mobile commerce : on
Slide 7: Financial Overview
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Slide 8: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom CATV momo Total1 Telecom CATV momo Total1 3Q18 16.84 1.58 9.81 28.32 6.30 0.80 0.33 7.59 % of 59% 6% 35% 100% 83% 11% 4% 100% total 3Q18 -12% -3% 22% -2% -10% -5% 7% -8% YoY 2Q18 -7% -1% 25% 3% 0% -3% 3% 1% YoY 3Q18 YoY (Pre-IFRS 15) -3% -3% 1. Th
Slide 9: Results Summary
Results Summary 3Q18 1-3Q18 NT$bn % of Full % of 3Q Amount YoY Amount YoY year guidance guidance Revenues 28.32 -2% 91% 87.17 2% 71% Operating Costs (20.18) 2% 91% (61.15) 5% 70% Operating (3.93) -5% 90% (12.12) -1% 69% Expenses Operating Income 4.21 -13% 90% 13.90 -6% 77% Non-op. Income (0.08) -16%
Slide 10: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 3Q18 2Q18 3Q17 NT$bn 3Q18 2Q18 3Q17 Total Assets 147.45 151.41 146.41 Liabilities 82.97 90.77 83.36 Current Assets 26.97 29.48 30.50 Current Liabilities 40.48 48.18 44.54 - Cash & Cash Equivalents 5.94 7.62 5.97 - ST Debts 17.59 9.77 21.86 - Receivable & Contract Assets
Slide 11: Cash Flow Analysis
Cash Flow Analysis NT$bn 3Q18 2Q18 3Q17 Operating Cash Flow 7.00 7.51 6.98 Investing Cash Flow (1.08) (0.28) (3.43) Financing Cash Flow (7.60) (7.28) (3.75) NT$bn 3Q18 2Q18 3Q17 Cash CAPEX1 (2.18) (1.69) (2.46) Free Cash Flow1 4.82 5.82 4.51 1. Excluding 4G License Fees 11
Slide 12: Event Updates
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Slide 13: Awards and Recognition
Awards and Recognition Selected for 2018 Dow Jones Sustainability World Indices (DJSI World) and ranked Top 1 in global telecommunications. Recognized for the “Best Customer Service Center” of the CSEA (Customer Service Excellence Awards) by Taiwan Contact Center Development Association in 2018. Won
Slide 14: Key Message
Key Message Growing e-commerce business as well as cross-selling among telecom, content, and internet services to stimulate higher spending per customer is our focus. The fast growing momentum of the enterprise segment, including the IoT, cloud, and ICT businesses, bring additional promise for futur
Slide 15: Q&A
Q&A 15