Slide 1: MediaTek 2014-Q4 Investor Conference
聯發科技 2014 年第四季 法人說明會 MediaTek 2014-Q4 Investor Conference February 9, 2015
Slide 2: 投資安全聲明
投資安全聲明 除簡報內所提供之歷史信息外，簡報事項係屬預測性陳述， 受到風險及不確定性因素影響，可能造成實際結果與陳述內 容發生顯著不符，這些不確定性因素包括：受到競爭性產品 及定價的影響、設計是否及時被客戶接受、新技術是否及時 導入利用、新產品大量量產之能力、產業及市場對半導體產 品之供給及需求移轉、產業及市場是否供給過剩、製造產能 可得利用情況、終端市場之財務穩定性及其他風險等。 Copyright © MediaTek Inc. All rights reserved. 1
Slide 3: 合併營業收入
合併營業收入 (單位：新台幣佰萬元) YoY 56.6 % QoQ YoY -3.5 % 39.3 % 240,000 213,063 220,000 80,000 200,000 180,000 60,000 57,472 55,453 160,000 136,056 140,000 120,000 39,798 40,000 100,000 80,000 60,000 20,000 40,000 20,000 0 0 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: 合併營業毛利率
合併營業毛利率 QoQ YoY -1.2 pt YoY 2.2 pt 4.8 pt 51% 51% 49.1% 48.8% 48% 47.9% 48% 45% 44.0% 45.7% 45% 42% 42% 39% 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: 合併營業費用
合併營業費用 (單位：新台幣佰萬元) QoQ YoY YoY 15.7% 70.7 % 63.8 % 18,000 16,711 60,000 56,627 16,000 14,440 2,646 7,373 50,000 14,000 1,521 5,917 1,584 12,000 1,381 40,000 34,562 9,787 10,000 4,562 銷售費用 1,407 30,000 3,546 管理費用 8,000 1,009 12,481 20,000 43,337 研發費用 6,000 11,538 4,000 7,372 26,454 10,000 2,000 0 0 4
Slide 6: 合併營業淨利
合併營業淨利 QoQ YoY (單位：新台幣佰萬元) YoY -28.4 % 87.1 % 17.5 % 16,000 50,000 47,241 13,794 45,000 14,000 40,000 12,000 35,000 9,874 10,000 30,000 8,403 25,244 8,000 25,000 6,000 20,000 15,000 4,000 10,000 2,000 5,000 0 0 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: 合併營業淨利率
合併營業淨利率 QoQ YoY -6.2 pt YoY -3.3 pt 3.6 pt 25% 25% 24.0% 22.2% 22% 22% 21.1% 19% 17.8% 19% 18.6% 16% 16% 13% 13% 10% 10% 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: 合併稅後淨利
合併稅後淨利 QoQ (單位：新台幣佰萬元) YoY -21.7 % YoY 20.8 % 68.8 % 14,000 13,301 50,000 46,399 12,000 45,000 10,410 40,000 10,000 8,616 35,000 8,000 30,000 27,485 25,000 6,000 20,000 4,000 15,000 10,000 2,000 5,000 0 0 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: 合併稅後淨利率
合併稅後淨利率 QoQ YoY YoY -4.3 pt -2.8 pt 1.6 pt 25% 25% 23.1% 22% 21.8% 22% 21.6% 18.8% 19% 19% 20.2% 16% 16% 13% 13% 10% 10% 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: 合併稅後每股盈餘
合併稅後每股盈餘 QoQ (單位：新台幣元) YoY -1.86 0.22 YoY 9.53 9 8.51 35 8 30.04 30 7 6.43 6.65 25 6 20.51 5 20 4 15 3 10 2 5 1 0 0 4Q13 3Q14 4Q14 2013 2014 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: SA TERRA
SA TERRA
Slide 12: Q4 FY14 Consolidated Income Statement
Q4 FY14 Consolidated Income Statement (In NT$ millions, except per share amounts) 4Q14 3Q14 4Q13 Q-Q Y-Y Net Revenue 55,453 57,472 39,798 (3.5 %) 39.3% Cost of Goods Sold (28,868) (29,238) (21,608) Gross Profit 26,585 28,234 18,190 (5.8 %) 46.2% Selling expenses (2,646) (1,521) (1,407) Administratio
Slide 13: Q4 FY14 Supplemental Information: Percentage of Revenue
Q4 FY14 Supplemental Information: Percentage of Revenue 4Q14 3Q14 4Q13 Gross profit 47.9% 49.1% 45.7% Selling expenses (4.8 %) (2.6 %) (3.5 %) Administration expenses (2.9 %) (2.4 %) (2.5 %) R&D expenses (22.5 %) (20.1 %) (18.5 %) Operating profit 17.8% 24.0% 21.1% Non-operating income 3.4% 1.9% 2.6
Slide 14: FY14 Consolidated Income Statement
FY14 Consolidated Income Statement (In NT$ millions, except per share amounts) 2014 2013 Y-Y Net Revenue 213,063 136,056 56.6% Cost of Goods Sold (109,194) (76,250) Gross Profit 103,869 59,806 73.7% Selling expenses (7,373) (4,562) Administration expenses (5,917) (3,546) R&D expenses (43,337) (26,45
Slide 15: FY14 Supplemental Information: Percentage of Revenue
FY14 Supplemental Information: Percentage of Revenue 2014 2013 Gross profit 48.8% 44.0% R&D expense (20.3 %) (19.4 %) Selling expenses (3.5 %) (3.4 %) Administration expenses (2.8 %) (2.6 %) Operating profit 22.2% 18.6% Non-operating income 2.4% 3.2% Income tax expense (2.8 %) (1.5 %) Net profit 21.
Slide 16: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 4Q14 3Q14 4Q13 Cash & Financial assets-current 205,294 194,721 139,219 Accounts receivable 12,552 15,418 7,628 Inventories 22,341 24,464 9,347 Funds and investments 15,001 12,179 68,040 Intangible assets 60,758 59,259 15,509 Total assets 351,119 335,083 258,63
Slide 17: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 4Q14 3Q14 4Q13 Cash flow from operations 10,404 11,742 16,624 Cash flow from investing (8,712) (4,690) (1,164) Cash flow from financing 3,086 (13,726) 9,310 Effect of exchange rate changes 2,949 1,607 611 Net increase in cash & equivalents 7,727 (5,068) 25,381 Cas
Slide 18: www.mediatek.com
www.mediatek.com