Slide 1: MediaTek 2013-Q3 Investor Conference
聯發科技 2013 年第三季法人說明會 MediaTek 2013-Q3 Investor Conference November 1, 2013 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 QoQ YoY 17.2% (NT$ million) 32.4% 60,000 40,000 39,008 33,276 29,471 20,000 0 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 0.7 pt 2.7 pt 47% 45% 43.9% 43.2% 43% 41.2% 41% 39% 37% 35% 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ YoY 9.1 % 17.1 % (NT$ million) 10,000 9,274 8,497 7,919 1,205 1,101 911 995 684 880 5,000 Selling expenses 6,516 7,075 Administration 6,324 expenses R&D expenses 0 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income YoY QoQ 85.9 % 33.6 % (NT$ million) 10,000 8,000 7,866 5,888 6,000 4,232 4,000 2,000 0 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 2.5 pt 5.8 pt 25% 20.2% 20% 17.7% 14.4% 15% 10% 5% 0% 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ 25.3 % YoY (NT$ million) 71.2 % 10,000 8,416 8,000 6,716 6,000 4,917 4,000 2,000 0 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY 1.4 pt 4.9 pt 25% 21.6% 20.2% 20% 16.7% 15% 10% 5% 0% 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share QoQ 1.27 (NT$) YoY 2.31 8 6.28 6 5.01 3.97 4 2 0 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Inventory Turnover Days
Inventory Turnover Days (Days) 100 80 61 57 60 50 40 20 3Q12 2Q13 3Q13 Copyright © MediaTek Inc. All rights reserved. 10
Slide 12: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 13: Q3 FY13 Consolidated Income Statement
Q3 FY13 Consolidated Income Statement (In NT$ millions, except per share amounts) 3Q13 2Q13 3Q12 Q-Q Y-Y Net Revenue 39,008 33,276 29,471 17.2% 32.4% Cost of Goods Sold (21,867) (18,891) (17,320) Gross Profit 17,140 14,385 12,151 19.2% 41.1% Selling expenses (1,205) (1,101) (911) Administration expe
Slide 14: Q3 FY13 Supplemental Information: Percentage of Revenue
Q3 FY13 Supplemental Information: Percentage of Revenue 3Q13 2Q13 3Q12 Gross profit 43.9% 43.2% 41.2% Selling expenses (3.1 %) (3.3 %) (3.1 %) Administration expenses (2.6 %) (2.6 %) (2.3 %) R&D expenses (18.1 %) (19.6 %) (21.5 %) Operating profit 20.2% 17.7% 14.4% Non-operating income 3.0% 3.8% 3.0
Slide 15: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 3Q13 2Q13 3Q12 Cash & Financial assets-current 113,192 112,749 91,197 Accounts receivable 11,059 10,389 8,216 Inventories 12,938 10,956 12,091 Funds and investments 66,540 67,469 65,873 Intangible assets 15,332 15,481 16,134 Total assets 238,195 237,353 211,34
Slide 16: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 3Q13 2Q13 3Q12 Cash flow from operations 9,971 9,921 4,221 Cash flow from investing (374) (751) (1,339) Cash flow from financing (8,301) 3,305 (11,869) Effect of exchange rate changes (905) 659 (928) Net increase in cash & equivalents 392 13,134 (9,915) Cash & equ
Slide 17: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.