Slide 1: Delta Electronics, Inc. 3Q 2023 Results
Delta Electronics, Inc. 3Q 2023 Results 台達電子2023年第三季財報法人說明會 1 November 2023
Slide 2: Business Categories
Business Categories 業務範疇 Power Electronics Mobility Automation Infrastructure 電源及零組件 交通 自動化 基礎設施 • Components • EV Powertrain System • Industrial Automation • ICT Infrastructure 零組件 電動車動力系統 工業自動化 資通訊基礎設施 • Power and System • Building Automation • Energy Infrastructure 電源及系統 樓宇自動化 能源基礎設施 • Fans & The
Slide 3: Financial numbers based on 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 reviewed by CPA 合併數字經會計師核閱
Slide 4: 3Q 2023 Financial Results
3Q 2023 Financial Results 2023年第三季結算數字 4 Delta Confidential
Slide 5: 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 3Q22 4Q22 1Q23 2Q23 3Q23 Sales 106.3 105.6 92.9 100.5 107.8 Sales +1% +7% 營收 GP 毛利 3Q22 4Q22 1Q23 2Q23 3Q23 GP -1% +9% GP 32.2 29.6 25.6 29.4 31.8 毛利 GPM 30.3% 28.0% 27.5% 29.2% 29.6% 5 Delta Confidential
Slide 6: 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 9.6 25.0 8.8 8.8 R&D 7.7 20.0 10.2 10.4 R&D SG&A 15.0 10.1 10.2 研發費用 +13% +9% 10.0 9.5 OP 13.6 10.7 10.3 11.9 5.0 8.4 0.0 SG&A +2% +1% (% of sales) 3Q22 4Q22 1Q23 2Q23 3Q23 銷管費用 R&D 8.0% 8.3% 8.3% 8.8% 8.9% OP
Slide 7: 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 60% 61% 65% Electronics 70,393 +11% +15% 10,842 +8% +18% 電源及零組件 13% 14% 12% Automation 13,190 -8% -9% 576 -43% -5% 自動化 27% 25% 23% 3Q22 2Q23 3Q23 Infrastructure 24,159 -15% -2% 479 -81% -8% 基礎設施 Power El
Slide 8: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 3Q22 2Q23 3Q23 NT$ billion 新台幣十億元 Gains or losses from investment* 127 396 320 投資損益* Non-OP 業外損益 Interest income (10) 205 206 利息收益 3Q22 4Q22 1Q23 2Q23 3Q23 non-op 1.7 0.7 1.6 1.6 1.9 FX income and valuation of FX forward 874 251 537 % of sales 1.5% 0.7%
Slide 9: 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 3Q22 4Q22 1Q23 2Q23 3Q23 年對年 季對季 PBT 15.1 11.5 10.0 11.9 13.8 % of sales 14.3% 10.9% 10.7% 11.9% 12.8% Profits before tax -9% +15% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 3Q22 4Q22 1Q23 2Q23 3Q23 EBITDA 息稅折舊及 -2% +13% E
Slide 10: 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 3Q22 2Q23 3Q23 Net profits Profit before after tax income tax 15,172 11,948 13,771 稅後淨利 稅前淨利 3Q22 4Q22 1Q23 2Q23 3Q23 稅後淨利 11.1 7.9 6.9 8.2 9.3 Income tax 所得稅 (2,950) (2,425) (2,741) 稅後淨利率 10.4% 7.5% 7.4% 8.1% 8.7% Non-controlling inte
Slide 11: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 4.26 3.14 3.60 3.05 2.66 3Q22 4Q22 1Q23 2Q23 3Q23 *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。 11 Delta Confidential
Slide 12: YT3Q 2023 Financial Results
YT3Q 2023 Financial Results 2023年前三季結算數字 12 Delta Confidential
Slide 13: 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 YT3Q22 YT3Q23 Sales 278.8 301.2 Sales +8% 營收 GP GP 毛利 毛利 +7% YT3Q22 YT3Q23 GP 81.2 86.8 GPM 29.1% 28.8% 13 Delta Confidential
Slide 14: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 90.0 NT$ billion80.0 新台幣十億元 Y/Y 70.0 23.0 26.1 年對年 60.0 R&D 50.0 27.5 30.1 R&D +13% SG&A 40.0 研發費用 30.0 OP 20.0 30.7 30.6 10.0 SG&A +10% (% of sales) YT3Q22 YT3Q23 銷管費用 R&D 8.3% 8.7% OPEX +11% SG&A 9.8% 10.0% 總營業費用 OPEX 18.1% 18.7% OP 0% 營業淨利 OPM 11.0% 10.2% 14 D
Slide 15: 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 60% 62% Power Electronics 186,270 +12% 26,961 +19% 電源及零組件 14% 14% 26% 24% Automation 41,662 +6% 1,694 -36% 自動化 YT3Q22 YT3Q23 Power Electronics Infrastructure 73,144 0% 1,931 -64% Automation 基礎設施 Infrastructure Others
Slide 16: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 YT3Q22 YT3Q23 Gain on disposal of NT$ billion 新台幣十億元 investment 4 1,141 處分投資損益 Non-OP Interest income (2) 529 利息收益 業外損益 YT3Q22 YT3Q23 non-op 3.9 5.1 FX income and valuation of FX forward 1,755 971 % of sales 1.4% 1.7% 滙兌損益及遠匯評價損益等 *包含透過損益按公允價值衡量之有價證券已實現及
Slide 17: 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 YT3Q22 YT3Q23 PBT 34.5 35.7 % of sales 12.4% 11.8% Profits before tax +3% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 EBITDA YT3Q22 YT3Q23 息稅折舊及 +7% 攤銷前利潤 EBITDA 48.8 52.4 % of sales 17.5% 17.4% 17 Delta Confidential
Slide 18: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million YT3Q22 YT3Q23 新台幣百萬元 Net profits Profit before income tax 34,542 35,678 after tax 稅前淨利 稅後淨利 YT3Q22 YT3Q23 Income tax (6,648) (7,154) Net profits 所得稅 24.8 24.4 after tax % of sales 8.9% 8.1% Non-controlling interest (3,139) (4,105) 非控制權益 Y/Y 年
Slide 19: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 -1% 9.53 9.40 YT3Q22 YT3Q23 *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。 19 Delta Confidential
Slide 20: Smarter. Greener. Together.
Smarter. Greener. Together.