Slide 1: Delta Electronics, Inc. 4Q 2022 Results
Delta Electronics, Inc. 4Q 2022 Results 台達電子2022年第四季財報法人說明會 23 Feb 2023
Slide 2: Basis of financial numbers (IFRS)
The financial numbers hereby are based on International Financial Reporting Standards (IFRS) 本簡報財務數字係根據國際財務報導準則編製 Cumulative consolidated numbers have been audited by CPA 合併數字經會計師查核簽證
Slide 3: 4Q 2022 Financial Results
4Q 2022 Financial Results 2022年第四季結算數字 3 Delta Confidential
Slide 4: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Y/Y Q/Q Sales 年對年 季對季 營收 4Q21 1Q22 2Q22 3Q22 4Q22 Sales 83.8 82.5 90.0 106.3 105.6 Sales +26% -1% 營收 GP 毛利 4Q21 1Q22 2Q22 3Q22 4Q22 GP +32% -8% GP 22.4 22.5 26.5 32.2 29.6 毛利 GPM 26.7% 27.3% 29.4% 30.3% 28.0% 4 Delta Confidential
Slide 5: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 NT$ billion 40.0 新台幣十億元 35.0 Y/Y Q/Q 30.0 年對年 季對季 8.4 25.0 8.8 R&D 7.7 20.0 6.9 6.9 10.2 R&D SG&A 15.0 9.1 10.1 研發費用 +27% +3% OP 10.0 8.2 8.2 9.6 13.6 10.7 5.0 7.3 7.5 0.0 SG&A +23% -0% (% of sales) 4Q21 1Q22 2Q22 3Q22 4Q22 銷管費用 R&D 8.2% 8.3% 8.5% 8.0% 8.3% OPEX
Slide 6: Performance by Segment
Performance by Segment 主要部門表現 Sales% 營收佔比 NT$ million 新台幣百萬元 Sales Y/Y Q/Q Profits Y/Y Q/Q Power 59% 60% 58% Electronics 61,581 +25% -3% 9,476 +83% -6% 電源及零組件 14% 13% 15% Automation 15,263 +31% +6% 492 -52% -52% 自動化 27% 27% 27% 4Q21 3Q22 4Q22 Infrastructure 28,769 +27% +2% 809 -26% -67% 基礎設施 Power E
Slide 7: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 4Q21 3Q22 4Q22 Gain on disposal of investment 0 0 0 處分投資損益 NT$ billion 新台幣十億元 Interest income 1 (10) 40 利息收益 Non-OP FX income and 業外損益 valuation of FX forward 131 874 (324) 滙兌損益及遠匯評價損益等 4Q21 1Q22 2Q223Q224Q22 non-op 1.1 1.1 1.1 1.7 0.7 Others 1,008 769 1
Slide 8: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax 稅前淨利 Y/Y Q/Q 4Q21 1Q22 2Q22 3Q22 4Q22 年對年 季對季 PBT 8.4 8.5 10.9 15.1 11.5 % of sales 10.1% 10.3% 12.0% 14.3% 10.9% Profits before tax +36% -24% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 4Q21 1Q22 2Q22 3Q22 4Q22 EBITDA 息稅折舊及 +29% -17% E
Slide 9: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million 新台幣百萬元 4Q21 3Q22 4Q22 Net profits Profit before after tax income tax 8,445 15,172 11,524 稅後淨利 稅前淨利 4Q21 1Q22 2Q22 3Q22 4Q22 稅後淨利 6.2 6.1 7.6 11.1 7.9 Income tax 所得稅 (1,650) (2,950) (2,427) 稅後淨利率 7.5% 7.3% 8.5% 10.4% 7.5% Non-controlling inter
Slide 10: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 4.26 2.94 3.05 2.42 2.33 4Q21 1Q22 2Q22 3Q22 4Q22 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 10 Delta Confidential
Slide 11: 2022 Full-year Financial Results
2022 Full-year Financial Results 2022年全年結算數字 11 Delta Confidential
Slide 12: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Sales 營收 Y/Y 年對年 2021 2022 Sales 314.7 384.4 Sales +22% 營收 GP GP 毛利 毛利 +23% 2021 2022 GP 90.2 110.8 GPM 28.7% 28.8% 12 Delta Confidential
Slide 13: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 120.0 NT$ billion 110.0 新台幣十億元100.0 Y/Y 90.0 31.8 年對年 80.0 70.0 27.2 R&D 60.0 37.6 R&D +17% SG&A 50.0 31.6 研發費用 40.0 OP 30.0 20.0 31.4 41.4 10.0 SG&A +19% (% of sales) 2021 2022 銷管費用 R&D 8.6% 8.3% OPEX +18% SG&A 10.1% 9.8% 總營業費用 OPEX 18.7% 18.0% OP +32% 營業淨利 OPM
Slide 14: Performance by Segment
Performance by Segment 主要部門表現 Sales% 營收佔比 NT$ million 新台幣百萬元 Sales Y/Y Profits Y/Y 59% 59% Power Electronics 227,311 +21% 32,153 +50% 電源及零組件 15% 14% 26% 27% Automation 54,519 +19% 3,139 -37% 自動化 2021 2022 Power Electronics Infrastructure 102,135 +26% 6,146 +24% Automation 基礎設施 Infrastructure Others
Slide 15: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 2021 2022 Gain on disposal of NT$ billion investment 90 0 新台幣十億元 處分投資損益 Interest income 134 38 利息收益 Non-OP 業外損益 FX income and valuation of FX forward 1,166 1,431 滙兌損益及遠匯評價損益等 2021 2022 Others 2,873 3,157 non-op 4.3 4.6 其他 % of sales 1.4% 1.2% Total 4,263
Slide 16: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax Y/Y 稅前淨利 年對年 2021 2022 PBT 35.6 46.1 % of sales 11.3% 12.0% Profits before tax +29% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 EBITDA 2021 2022 息稅折舊及 +24% 攤銷前利潤 EBITDA 53.1 65.6 % of sales 16.9% 17.1% 16 Delta Confidential
Slide 17: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million 2021 2022 新台幣百萬元 Net profits Profit before income tax 35,628 46,065 after tax 稅前淨利 稅後淨利 2021 2022 Income tax (7,129) (9,074) Net profits 所得稅 26.8 32.7 after tax % of sales 8.5% 8.5% Non-controlling interest (1,703) (4,325) 非控制權益 Y/Y 年對年 Net p
Slide 18: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 12.58 10.32 2021 2022 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 18 Delta Confidential
Slide 19: Cash dividend per share: NT$ 9.84
Proposed Earnings Distribution 董事會建議盈餘分配 Cash dividend per share: NT$ 9.84 現金股利每股新台幣9.84元 19 Delta Confidential
Slide 20: Dividend Distribution Proposal for the year 2022
Dividend Distribution Proposal for the year 2022 2022年股息發放建議方案 The Finance Team 財務團隊 Feb 22nd 2023
Slide 21: Historical cash dividends
Historical cash dividends 歷年分配現金股息 Item (Unit: NT$100 million) 2022 2016 2017 2018 2019 2020 2021 項目 (台幣:億) (Proposal) 1. Net profit after tax for the current year 當年度稅後純益 188 184 182 231 255 268 327 2. Earnings available for distribution for the current year 當年度可分配盈餘 147 122 159 207 182 205 426 (No
Slide 22: Proposal of Amendment to Dividend Policy
Proposal of Amendment to Dividend Policy 股利政策提案修改 Article 條次 After Amendment 修訂後 Before Amendment 修訂前 第一項：略 第一項：略 第二項： 第二項 (一)~(五)款：略 (一)~(五)款：略 本公司正值穩定成長階段，盈餘分配應考量股東利益、財務健全並兼顧業務發 緣本公司正值穩定成長階段，考量股東利益、財務健全並兼顧業務發展，股 展，鑑於未來仍有資本支出及轉投資計畫，分派予股東股利之數額不低於當年 東紅利提撥之數額，應不低於當年度可分配盈餘之60%，且現金之比例應占 度稅後淨利之50%，其中現金應占
Slide 23: Business Category
Business Category 業務分類 Power supplies Industrial automation ICT Infrastructure EIS Infrastructure 電源供應器 工業自動化 資通訊基礎設施 能源基礎設施 Fans & thermal Telecom power Off-board EV charger Building automation 通信電源 電動車充電設備 風扇及散熱管理 樓宇自動化 Datacenter solutions Renewable energy Passive components 資料中
Slide 24: Smarter. Greener. Together.
Smarter. Greener. Together.