Acer Incorporated · TWSE:2353
Acer — Q3 2010 Earnings Presentation
19 slides from Acer's earnings presentation, Oct 29, 2010
Slide 1: Acer Inc. Q3 2010 Investor Conference
Acer Inc. Q3, 2010 Investor Conference October 29, 2010 www.acer-group.com
Slide 2: Legal Disclaimer
Legal Disclaimer The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Acer or other parties Acer’s statements that are not historical facts are forward-looking statements that indicate acti
Slide 3: Consolidated Financial Results
Consolidated Financial Results Che-min Tu CFO
Slide 4: Consolidated Income Statement (3rd Quarter)
Consolidated Income Statement (3rd Quarter) (R.O.C. GAAP-comparison base) (NT$ Million) 3Q’ 3Q’10 3Q’’09 3Q Change Revenue 167,552 100% 167,617 100% 0% Gross Profit 16,742 10.0% 16,722 10.0% 0% Operating Expenses 11,451 6.8% 11,968 7.1% - 4% Operating Income 5,291 3.2% 4,754 2.8% + 11% Non-Operating
Slide 5: Consolidated Income Statement (Q1-Q3)
Consolidated Income Statement (Q1-Q3) (ROC GAAP-comparison base) 2010 2009 (NT$ Million) Change Q1-Q3 Q1-Q3 Revenue 479,945 100% 405,786 100% + 18% Gross Profit 47,504 9.9% 41,206 10.2% + 15% Operating Expenses 33,690 7.0% 30,838 7.6% + 9% Operating Income 13,815 2.9% 10,367 2.6% + 33% Non-Operating
Slide 6: Revenue and Gross Margin
Consolidated Revenue and Gross Margin 3Q, 2010 Revenue Growth: 0% Y/Y 175,000 15.0% 150,000 125,000 (NT$ Million) 10.0% 100,000 75,000 5.0% 50,000 25,000 0 1Q'0 7 2Q'07 3Q'07 4Q'07 1Q'08 2Q'0 8 3Q'08 4Q'08 1Q'09 2Q'09 3Q'09 4Q'09 1Q'10 2Q'10 3Q'10 0.0% Revenue 99,513 93,520 121,934147,099 127,376124
Slide 7: Operating Income
Consolidated Operating Income 6,000 4.0% 5,000 3.0% 4,000 (NT$ million) 3,000 2.0% 2,000 1.0% 1,000 0 0.0% 1Q'07 2Q'07 3Q'07 4Q'07 1Q'08 2Q'08 3Q'08 4Q'08 1Q'09 2Q'09 3Q'09 4Q'09 1Q'10 2Q'10 3Q'10 Op. Income 1,947 1,961 2,807 3,469 2,738 2,710 4,650 3,975 2,571 3,043 4,754 4,972 4,385 4,138 5,291 Op
Slide 8: Consolidated Balance Sheet (Y/Y Comparison)
Consolidated Balance Sheet (Y/Y Comparison) (NT$ Million) Sept. 30, 2010 Sept. 30, 2009 Current Assets Cash and cash equivalence 33,521 11% 41,559 14% Notes & Account receivable 148,615 47% 127,813 42% Financial Assets-Current 698 0% 1,044 0% Inventory 57,000 18% 52,642 17% Others 15,803 5% 19,508 6
Slide 9: Consolidated Balance Sheet (Q/Q Comparison)
Consolidated Balance Sheet (Q/Q Comparison) (NT$ Million) Sept. 30, 2010 June 30, 2010 Current Assets Cash and cash equivalence 33,521 11% 25,315 9% Notes & Account receivable 148,615 47% 122,058 44% Financial Assets-Current 698 0% 1,500 0% Inventory 57,000 18% 60,402 22% Others 15,803 5% 14,270 5%
Slide 10: Business Review
Business Review Gianfranco Lanci Acer Inc. CEO & President
Slide 11: Revenue by Products
Revenue by Products Q3, 2010 Q3, 2009 US$5,113M US$4,968M 9% 3% 4% 8% 15% 15% 73% 73% Notebook Desktop PC Notebook Desktop PC Display Others Display Others Note: Others include servers, projector and IA products 10
Slide 12: Revenue by Regions
Revenue by Regions Q3, 2010 Q3, 2009 US$5,113M US$4,968M 2% 7% 2% 5% 13% 15% 54% 21% 59% 22% EMEA Pan America EMEA Pan America Asia Pacific Taiwan Asia Pacific Taiwan China China Note: (a) Asia Pacific excluding Greater China (Taiwan, HK, and Mainland China) (b) EMEA stands for Europe, Middle East a
Slide 13: Operating Cost as % of Revenue
Operating Cost as % of Revenue % 10 9 8 7 6 5 4 3 2 1 0 2003 2004 2005 2006 2007 2008 2009 2010Q3 12
Slide 14: Strategy and Action
Acer Strategy and Action J.T. Wang Chairman & Acer Group CEO
Slide 15: Strategy
Acer Strategy Open system Hardware as main business Multi-platforms 14
Slide 16: Strategic action
Acer strategic action Efforts on software and services to enhance Acer brand value. 15
Slide 17: clear.fi
Acer clear.fi A software we are going to build-in all Acer new consumer products with processing capability from Q1 2011. 16
Slide 18: clear.fi
Acer clear.fi Manage your digital content over multiple devices. Allows Blu-ray-quality data streaming among different devices. 17
Slide 19: Q&A
Acer Inc. Investor Conference Q&A October 29, 2010 www.acer-group.com 18