Slide 1: MediaTek 2018-Q3 Investor Conference
聯發科技 2018年第三季法人說明會 MediaTek 2018-Q3 Investor Conference October 31, 2018 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 10.8% 5.3% 80,000 67,030 63,651 60,481 60,000 40,000 20,000 0 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 0.3pt 2.1pt 40% 38.2% 38.5% 36.4% 35% 30% 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY 2.6% 7.1% 25,000 19,020 19,515 20,000 18,223 2,935 2,908 2,332 1,814 1,716 Selling expenses 15,000 1,693 Administration expenses 10,000 R&D expenses 14,199 14,272 14,890 5,000 0 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NT$ million) QoQ YoY 54.2% 27.2% 7,000 6,310 6,000 4,959 5,000 4,092 4,000 3,000 2,000 1,000 0 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 2.6pt 1.6pt 10% 9.4% 7.8% 6.8% 5% 0% 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY -8.3% 35.8% 8,000 7,498 7,000 6,872 6,000 5,061 5,000 4,000 3,000 2,000 1,000 0 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY -2.1pt 2.3pt 20% 15% 12.4% 10.3% 10% 8.0% 5% 0% 3Q17 2Q18 3Q18 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY -0.36 1.13 5.00 4.75 4.50 4.39 4.00 3.50 3.26 3.00 2.50 2.00 1.50 1.00 0.50 0.00 3Q17 2Q18 3Q18 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) 3Q18 2Q18 3Q17 Q-Q Y-Y Net Sales 67,030 60,481 63,651 10.8% 5.3% Operating costs (41,206) (37,369) (40,469) Gross profit 25,825 23,113 23,182 11.7% 11.4% Selling expenses (2,908) (2,935
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 3Q18 2Q18 3Q17 Gross profit 38.5% 38.2% 36.4% Selling expenses (4.3%) (4.9%) (3.7%) Administration expenses (2.6%) (3.0%) (2.7%) R&D expenses (22.2%) (23.6%) (22.3%) Operating income 9.4% 6.8% 7.8% Non-operating income 2.0% 7.7% 1.0% Income tax expense
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 3Q18 2Q18 3Q17 Cash & financial assets-current 170,509 191,991 148,858 Accounts receivable 32,998 31,956 21,771 Inventories 38,008 36,875 36,146 Other current assets 13,579 17,345 16,817 Funds and investments 49,424 45,770 50,123 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 3Q18 2Q18 3Q17 Net cash provided by (used in) operating activities 4,100 9,202 6,948 Net cash provided by (used in) investing activities 3,916 5,156 1,358 Net cash provided by (used in) financing activities (30,906) 14,431 (17,315) E
Slide 16: Supplemental Information: 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) 3Q18 2Q18 3Q17 Q-Q Y-Y TIFRS operating income 6,310 4,092 4,959 TIFRS net income 6,872 7,498 5,061 TIFRS EPS(NT$) 4.39 4.75 3.26 Non-TIFRS reconciliation items 545 409 538 Share-based compensation 268 114 215 Amortization o
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17