Slide 1: FocalTech Investor Conference
FocalTech 敦泰電子(Ticker 3545TT) Investor Conference法人說明會 2017/3/2
Slide 2: Q4 16' Income Statement
Q4 16’ Income Statement /105年第4季損益表 Unit in NT$ Million /單位: 新台幣佰萬元 16' Q4 16' Q3 QoQ 15' Q4 YoY Revenue/ 營業收入 2,694 3,056 ‐12% 2,948 ‐9% Gross Profit/ 營業毛利 627 628 0% 536 17% Gross Margin/ 營業毛利率 23.3% 20.5% ↑ 280 bps 18.2% ↑ 510 bps Operating Expense/ 營業費用 515 525 ‐2% 520 ‐1% Operating Income/ 營業淨利
Slide 3: 2016 Income Statement
2016 Income Statement /105年度損益表 Unit in NT$ Million /單位: 新台幣佰萬元 2016 2015 YoY Revenue/ 營業收入 11,018 11,480 ‐4% Gross Profit/ 營業毛利 2,266 1,967 15% Gross Margin/ 營業毛利率 20.6% 17.1% ↑ 350 bps Operating Expense/ 營業費用 2,059 2,103 ‐2% Operating Income/ 營業淨利 207 (136) ─ Non Operating Income/ 營業外收入 34 395 ‐91
Slide 4: Balance Sheet
Balance Sheet /資產負債表 Unit in NT$ Million /單位: 新台幣佰萬元 2016.12.31 2016.9.30 QoQ 2015.12.31 YoY Cash & Market Securities/ 現金及其他金融資產 5,571 4,244 31% 7,107 ‐22% Accounts Receivable/ 應收帳款 1,334 1,431 ‐7% 1,588 ‐16% Inventory/ 存貨 2,538 2,667 ‐5% 2,544 0% Other Current Assets/ 其他流動資產 123 176 ‐30% 153 ‐19% O
Slide 5: 2016 Q4 Results Summary
2016 Q4 Results Summary /105年第4季總結 Revenue in Q4 was NT$ 2,694M, down 12% qoq and 9% yoy, due to LCD panel shortage in the early part of Q4 and price hike on memories and other components in the later part of the quarter. Even though the external environment was unfavorable, IDC shipment continued
Slide 6: Gross Margin
Gross Margin /毛利率 % 24 23.3 21 20.5 19.6 18.7 18.2 18 17.4 17.2 15.5 15 12 15' 1Q 15' 2Q 15' 3Q 15' 4Q 16' 1Q 16' 2Q 16' 3Q 16' 4Q CONFIDENTIAL @2017 FocalTech Systems Co., Ltd. All rights reserved 6
Slide 7: 2016 Results Summary
2016 Results Summary /105年總結 Revenue in 2016 went down 4% yoy to NT$ 11,018M. The increase in gross margin, from 17.1%to 20.6%, represented the continuous effort on optimizing product mix and cost reduction. Hence, the operating results were greatly improved from a loss a year ago to a profit of N
Slide 8: New Product Update (I)
New Product Update (I) /新產品狀況(I) The single‐chip Integrated Driver Controllers (IDC) for smartphones using full in‐cell panels were broadly adopted by multiple smartphone makers in more than 20 MP models in 2016. 敦泰支援Full In‐cell面板的驅動觸控整合單晶片(IDC), 於105年已獲眾多智慧型手 機廠商，共逾20款之量產機型採用。 The first IDC fo
Slide 9: New Product Update (II)
New Product Update (II) /新產品狀況(II) We are happy to announce FocalTech’s new generation of IDC for α‐Si and IGZO panels, which can further simplify the panel production process and cost. This new IC (FT8006 series) has been verified working and will start production by next quarter. 敦泰新一代支援非晶矽及IGZO
Slide 10: Future Outlook
Future Outlook /未來展望 Smartphone shipment in 17’Q1 is expected to be softer comparing to 16’Q4 primarily due to seasonality. IDC is doing better than the discrete driver and controller products. The cross‐the‐board recovery will start from end of Q1. 因農曆年節的季節性因素外加手機零組件庫存調節，將使傳統觸控與顯示驅動 產品線第1季出貨狀況較前一
Slide 11: Thank you !
Thank you ! Copyright ©2017 FocalTech Systems Co., Ltd. All Rights Reserved. The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a n