Slide 1: MediaTek 2017-Q1 Investor Conference
聯發科技 2017年第一季法人說明會 MediaTek 2017-Q1 Investor Conference April 28, 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 -18.3% 0.3% 80,000 68,675 60,000 55,905 56,083 40,000 20,000 0 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY -1pt -4.6pt 45% 40% 38.1% 35% 34.5% 33.5% 30% 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses (NT$ million) QoQ YoY -10.9% 4% 25,000 16,904 19,731 17,578 20,000 3,675 1,996 2,368 Selling expenses 15,000 2,021 1,491 1,720 Administration expenses 10,000 R&D expenses 13,417 14,035 13,489 5,000 0 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income QoQ (NT$ million) YoY -69.6% -72.5% 5,000 4,403 3,981 4,000 3,000 2,000 1,212 1,000 0 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY -3.6pt -5.7pt 15% 10% 7.9% 5.8% 5% 2.2% 0% 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY 29.2% 48.4% 7,000 6,639 6,000 5,138 5,000 4,473 4,000 3,000 2,000 1,000 0 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY 4.3pt 3.8pt 15% 11.8% 10% 8.0% 7.5% 5% 0% 1Q16 4Q16 1Q17 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ (NT$ ) YoY 1.06 1.5 5.00 4.50 4.29 4.00 3.50 3.23 3.00 2.79 2.50 2.00 1.50 1.00 0.50 0.00 1Q16 4Q16 1Q17 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) 1Q17 4Q16 1Q16 Q-Q Y-Y Net Sales 56,083 68,675 55,905 (18.3%) 0.3% Operating costs (37,293) (44,963) (34,598) Gross profit 18,790 23,713 21,307 (20.8%) (11.8%) Selling expenses (2,368)
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 1Q17 4Q16 1Q16 Gross profit 33.5% 34.5% 38.1% Selling expenses (4.2%) (5.4%) (3.6%) Administration expenses (3.1%) (2.9%) (2.7%) R&D expenses (24.1%) (20.4%) (24.0%) Operating income 2.2% 5.8% 7.9% Non-operating income 11.2% 2.3% 1.6% Income tax expens
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 1Q17 4Q16 1Q16 Cash & financial assets-current 152,165 153,466 172,722 Accounts receivable 18,288 20,481 15,598 Inventories 37,621 33,923 27,027 Other current assets 23,456 12,408 7,250 Funds and investments 40,899 36,971 20,433 In
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 1Q17 4Q16 1Q16 Net cash provided by (used in) operating activities (1,183) 9,209 7,958 Net cash provided by (used in) investing activities (5,459) (2,026) (3,351) Net cash provided by (used in) financing activities 9,702 (10,638) 107
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) 1Q17 4Q16 1Q16 Q-Q Y-Y TIFRS operating income 1,212 3,981 4,403 TIFRS net income 6,639 5,138 4,473 TIFRS EPS(NT$) 4.29 3.23 2.79 Non-TIFRS reconciliation items 499 474 322 Share-based compensation 207 177 11 Amortization of
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17