Slide 1: MediaTek 2017-Q3 Investor Conference
聯發科技 2017年第三季法人說明會 MediaTek 2017-Q3 Investor Conference October 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 9.6% -18.8% 100,000 78,403 80,000 63,651 60,000 58,079 40,000 20,000 0 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 1.4pt 1.2pt 40% 36.4% 35.2% 35.0% 35% 30% 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses (NT$ million) QoQ YoY 1.4% -8.9% 25,000 19,995 20,000 17,972 18,223 3,532 2,715 2,332 1,871 Selling expenses 15,000 1,693 1,632 Administration expenses 10,000 R&D expenses 14,592 13,624 14,199 5,000 0 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income QoQ (NT$ million) YoY 110.3% -34.9% 9,000 8,000 7,622 7,000 6,000 4,959 5,000 4,000 3,000 2,358 2,000 1,000 0 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 3.7pt -1.9pt 15% 9.7% 10% 7.8% 5% 4.1% 0% 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY 129% -35.4% 9,000 8,000 7,830 7,000 6,000 5,061 5,000 4,000 3,000 2,210 2,000 1,000 0 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY 4.2pt -2pt 15% 10.0% 10% 8.0% 5% 3.8% 0% 3Q16 2Q17 3Q17 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY 1.75 -1.72 6.00 4.98 5.00 4.00 3.26 3.00 2.00 1.51 1.00 0.00 3Q16 2Q17 3Q17 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) 3Q17 2Q17 3Q16 Q-Q Y-Y Net Sales 63,651 58,079 78,403 9.6% (18.8%) Operating costs (40,469) (37,749) (50,787) Gross profit 23,182 20,330 27,617 14.0% (16.1%) Selling expenses (2,332) (2
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 3Q17 2Q17 3Q16 Gross profit 36.4% 35.0% 35.2% Selling expenses (3.7%) (4.7%) (4.5%) Administration expenses (2.7%) (2.8%) (2.4%) R&D expenses (22.3%) (23.5%) (18.6%) Operating income 7.8% 4.1% 9.7% Non-operating income 1.0% 1.8% 1.3% Income tax expense
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 3Q17 2Q17 3Q16 Cash & financial assets-current 148,858 154,945 155,684 Accounts receivable 21,771 20,581 24,331 Inventories 36,146 39,617 36,630 Other current assets 16,817 23,066 12,472 Funds and investments 50,123 45,861 25,461 I
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 3Q17 2Q17 3Q16 Net cash provided by (used in) operating activities 6,948 (1,156) 3,170 Net cash provided by (used in) investing activities 1,358 (2,410) (4,864) Net cash provided by (used in) financing activities (17,315) 2,422 (11,6
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) 3Q17 2Q17 3Q16 Q-Q Y-Y TIFRS operating income 4,959 2,358 7,622 TIFRS net income 5,061 2,210 7,830 TIFRS EPS(NT$) 3.26 1.51 4.98 Non-TIFRS reconciliation items 538 711 513 Share-based compensation 215 246 111 Amortization o
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17