Slide 1: MediaTek 2012-Q3 Investor Conference
聯發科技 2012 年第三季法人說明會 MediaTek 2012-Q3 Investor Conference October 29, 2012 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: Revenue Comparison
Revenue Comparison QoQ (NT$ million) YoY 25.7% 26.1% 40,000 29,471 23,376 23,440 20,000 0 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 2
Slide 4: Gross Margin Comparison
Gross Margin Comparison QoQ YoY 0.4pt -3.9 pt 47% 45.1% 45% 43% 41.2% 40.8% 41% 39% 37% 35% 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 3
Slide 5: Operating Expenses Comparison
Operating Expenses Comparison (NT$ million) YoY QoQ 15.7% 16.5% 10,000 7,909 6,838 6,787 910 815 756 750 718 752 5,000 Selling expenses Administration 6,249 expenses 5,304 5,280 R&D expenses 0 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 4
Slide 6: Operating Income Comparison
Operating Income Comparison YoY QoQ 14.6% 53.1% (NT$ million) 6,000 4,242 4,000 3,702 2,771 2,000 0 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 5
Slide 7: Operating Margin Comparison
Operating Margin Comparison QoQ YoY 2.6pt -1.4pt 20% 15.8% 15% 14.4% 11.8% 10% 5% 0% 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 6
Slide 8: Net Income Comparison
Net Income Comparison QoQ 47.2% YoY (NT$ million) 21.4% 6,000 4,941 4,070 4,000 3,357 2,000 0 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 7
Slide 9: EPS Comparison
EPS Comparison QoQ (NT$) 1.11 YoY 0.33 6 4.06 4 3.73 2.95 2 0 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 8
Slide 10: Inventory Turnover Days
Inventory Turnover Days (Days) 80 69 60 61 60 40 20 3Q11 2Q12 3Q12 Copyright © MediaTek Inc. All rights reserved. 2012/10/29 9
Slide 11: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 12: Q3 FY12 Consolidated Income Statement
Q3 FY12 Consolidated Income Statement (In NT$ millions, except per share amounts) 3Q12 2Q12 3Q11 Q-Q Y-Y Net revenue 29,471 23,440 23,376 25.7% 26.1% Cost of goods sold (17,320) (13,882) (12,836) Gross profit 12,151 9,558 10,540 27.1% 15.3% Selling expenses (910) (756) (815) Administration expenses
Slide 13: Q3 FY12 Supplemental Information: Percentage of Revenue
Q3 FY12 Supplemental Information: Percentage of Revenue 3Q12 2Q12 3Q11 Gross profit 41.2% 40.8% 45.1% R&D expenses (21.2 %) (22.5 %) (22.7 %) Selling expenses (3.1 %) (3.2 %) (3.5 %) Administration expenses (2.5 %) (3.2 %) (3.1 %) Operating profit 14.4% 11.8% 15.8% Non-operating income 3.0% 4.8% 1.9
Slide 14: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 3Q12 2Q12 3Q11 Cash & financial assets-current 91,177 100,822 76,211 Notes & Accounts receivable (net) 8,216 7,659 8,384 Inventory (net) 12,091 11,074 7,172 Long-term investments 65,822 8,603 9,838 Intangible assets 16,248 17,241 8,649 Total assets 211,242 161
Slide 15: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 3Q12 2Q12 3Q11 Cash flow from operations 4,221 3,797 1,899 Cash flow from investing (1,339) (413) 745 Cash flow from financing (11,869) 4,660 (21,618) Effect of exchange rate changes (928) 569 2,613 Net increase in cash & equivalents (9,915) 8,613 (16,361) Cash &
Slide 16: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.