Delta Electronics, Inc. · TWSE:2308

Delta Electronics — Q2 2013 Earnings Presentation

37 slides from Delta Electronics's earnings presentation, Jul 29, 2013

  1. Slide 1: Delta Electronics, Inc. 2Q 2013 Result Analyst Meeting

    台達電子2013年第二季財報法人說明會 Delta Electronics, Inc. 2Q 2013 Result Analyst Meeting 29 Jul 2013

  2. Slide 2: Basis of financial numbers: IFRS and DelSolar discontinued business

    • 本簡報財務數字係根據國際財務報導準則編製 The financial numbers hereby are based on International Financial Reporting Standards (IFRS) • 因旺能與新日光合併，該公司對本公司損益表之淨影 響已移至稅後之『停業部門損益』科目 Due to DelSolar’s merger with NSP, its net impact on the Company’s income statement has been moved to an after-tax account, “gain or loss fr

  3. Slide 3: 2013 Second Quarter Results

    2013年第二季結算數字 2013 Second Quarter Results 3 Delta Confidential

  4. Slide 4: Revenues

    合併營收 Revenues 單位：新台幣十億元 QoQ Unit: NT$ billion +12% YoY -2% 44.3 46.7 43.4 42.3 38.8 2Q12 3Q12 4Q12 1Q13 2Q13 4 Delta Confidential

  5. Slide 5: Revenues by Business (1)

    業務分類(一) Revenues by Business (1) 1Q13 2Q13 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 59% 54% 其他 其他 (Others) (Others) 4% 5% 能源管理 能源管理 智能綠生活 智能綠生活 (Energy (Energy (Smart Mgmt) (Smart Mgmt) Green Life) Green Life) 18% 22% 19% 19% 5 Delta Confidential

  6. Slide 6: Revenues by Business (1) table

    業務分類(一) Revenues by Business (1) 單位：新台幣百萬元 Unit: NT$ million 1Q13 2Q13 Change 電源及零組件 (Power Electronics) 22,925 23,537 3% 能源管理 (Energy Management) 6,978 9,374 34% 智能綠生活 (Smart Green Life) 7,426 8,471 14% 其他(Others) 1,502 2,062 37% 總計(Total) 38,831 43,444 12% 6 Delta Confidential

  7. Slide 7: Revenues by Business (2)

    業務分類(二) Revenues by Business (2) 2Q12 2Q13 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 62% 54% 其他 其他 (Others) (Others) 2% 5% 能源管理 能源管理 智能綠生活 智能綠生活 (Energy (Energy (Smart Mgmt) (Smart Mgmt) Green Life) Green Life) 18% 22% 18% 19% 7 Delta Confidential

  8. Slide 8: Revenues by Business (2) table

    業務分類(二) Revenues by Business (2) 單位：新台幣百萬元 Unit: NT$ million 2Q12 2Q13 Change 電源及零組件 (Power Electronics) 27,341 23,537 -14% 能源管理 (Energy Management) 7,972 9,374 18% 智能綠生活 (Smart Green Life) 7,973 8,471 6% 其他(Others) 1,012 2,062 104% 總計(Total) 44,298 43,444 -2% 8 Delta Confidential

  9. Slide 9: Gross Profit

    營業毛利 Gross Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +10% YoY +2% 10.77 11.88 10.91 9.94 10.95 25.4% 25.8% 25.6% 25.2% 24.3% 2Q12 3Q12 4Q12 1Q13 2Q13 9 Delta Confidential

  10. Slide 10: R&D Expense

    研發費用 R&D Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +10% YoY +5% 2.66 2.80 3.00 2.52 2.78 7.1% 6.0% 6.0% 6.5% 6.4% 2Q12 3Q12 4Q12 1Q13 2Q13 10 Delta Confidential

  11. Slide 11: SG&A Expense

    銷管費用 SG&A Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ 11% YoY +3% 3.46 3.60 3.59 3.19 3.55 8.5% 8.2% 8.2% 7.8% 7.7% 2Q12 3Q12 4Q12 1Q13 2Q13 11 Delta Confidential

  12. Slide 12: Operating Expense

    總營業費用 Operating Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ 11% YoY +3% 6.13 6.40 6.60 6.33 5.70 15.6% 14.7% 14.6% 13.8% 13.7% 2Q12 3Q12 4Q12 1Q13 2Q13 12 Delta Confidential

  13. Slide 13: Operating Profit

    營業淨利 Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ 9% YoY 0% 4.64 5.48 4.31 4.24 4.62 10.5% 11.7% 10.2% 10.9% 10.6% 2Q12 3Q12 4Q12 1Q13 2Q13 13 Delta Confidential

  14. Slide 14: Operating Profit by Sector

    主要部門營業淨利 Operating Profit by Sector 單位：新台幣百萬元 Unit: NT$ million 2Q12 1Q13 2Q13 電源及零組件 (Power Electronics) 3,752 3,273 2,835 能源管理 (Energy Management) 1,154 1,142 1,728 智能綠生活 (Smart Green Life) 487 696 742 其他(Others) (751) (870) (684) 14 Delta Confidential

  15. Slide 15: Non-Operating Profit

    業外損益 Non-Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ -14% YoY 1.05 1.09 -32% 0.91 0.72 2.6% 0.62 2.1% 2.3% 1.9% 1.4% 2Q12 3Q12 4Q12 1Q13 2Q13 15 Delta Confidential

  16. Slide 16: Non-Operating Income Breakdown

    業外損益細項 Non-Operating Income Breakdown 單位：新台幣百萬元 Unit: NT$ million 1Q13 2Q13 處分投資(Investment disposal) (12) (131) 投資損益(Investment income) 237 189 利息收益(Interest income) 91 138 其他業外損益(Others) 404 420 合計(Total) 720 616 16 Delta Confidential

  17. Slide 17: Net Income Before Tax

    稅前淨利 Net Income Before Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +6% YoY -6% 5.56 6.54 5.41 4.96 5.24 14.0% 12.8% 12.8% 12.1% 12.5% 2Q12 3Q12 4Q12 1Q13 2Q13 17 Delta Confidential

  18. Slide 18: Tax & Minority Interest

    所得稅與少數股權 Tax & Minority Interest 單位：新台幣百萬元 Unit: NT$ million 1Q13 2Q13 稅前淨利(Net income before tax) 4,960 5,237 所得稅(Tax) (840) (570) 停業部門損益(Gain or loss from discontinued business) 54 66 少數股權淨利(Minority interest) 15 (404) 稅後淨利(Net income after tax) 4,189 4,329 18 Delta Confidential

  19. Slide 19: Net Income After Tax

    稅後淨利 Net Income After Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +3% YoY +2% 4.23 4.84 4.19 4.33 2.98 10.8% 10.0% 9.5% 10.4% 7.0% 2Q12 3Q12 4Q12 1Q13 2Q13 19 Delta Confidential

  20. Slide 20: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 2.00 1.74 1.73 1.78 1.23 2Q12 3Q12 4Q12 1Q13 2Q13 *每股盈餘之設算基於加權平均股數24.25億股 *EPS based on weighted average shares outstanding of 2,425 million shares. 20 Delta Confidential

  21. Slide 21: 2013 First Half Accumulated Results

    2013年上半年結算數字 2013 First Half Accumulated Results 21 Delta Confidential

  22. Slide 22: Revenues 1H12 1H13

    合併營收 Revenues 單位：新台幣十億元 Unit: NT$ billion -1% 82.7 82.3 1H12 1H13 22 Delta Confidential

  23. Slide 23: Revenues by Business

    業務分類 Revenues by Business 1H12 1H13 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 64% 57% 其他 其他 (Others) (Others) 2% 4% 智能綠生活 能源管理 (Smart (Energy 智能綠生活 能源管理 Green Life) Mgmt) (Smart Green (Energy Mgmt) 17% 17% Life) 20% 23 19% Delta Confidential

  24. Slide 24: Revenues by Business table

    業務分類 Revenues by Business 單位：新台幣百萬元 Unit: NT$ million 1H12 1H13 Change 電源及零組件 (Power Electronics) 52,792 46,462 -12% 能源管理 (Energy Management) 13,894 16,342 18% 智能綠生活 (Smart Green Life) 14,399 15,897 10% 其他(Others) 1,660 3,574 115% 總計(Total) 82,745 82,275 -1% 24 Delta Confidential

  25. Slide 25: Gross Profit

    營業毛利 Gross Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +8% 19.31 20.89 25.4% 23.3% 1H12 1H13 25 Delta Confidential

  26. Slide 26: R&D Expense

    研發費用 R&D Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +2% 5.18 5.30 6.3% 6.4% 1H12 1H13 26 Delta Confidential

  27. Slide 27: SG&A Expense

    銷管費用 SG&A Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +2% 6.62 6.74 8.0% 8.2% 1H12 1H13 27 Delta Confidential

  28. Slide 28: Operating Expense

    總營業費用 Operating Expense 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +2% 11.80 12.03 14.3% 14.6% 1H12 1H13 28 Delta Confidential

  29. Slide 29: Operating Profit

    營業淨利 Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +18% 8.86 7.51 10.8% 9.1% 1H12 1H13 29 Delta Confidential

  30. Slide 30: Operating Profit by Sector

    主要部門營業淨利 Operating Profit by Sector 單位：新台幣百萬元 Unit: NT$ million 1H12 1H13 電源及零組件 (Power Electronics) 6,507 6,108 能源管理 (Energy Management) 1,577 2,870 智能綠生活 (Smart Green Life) 799 1,438 其他(Others) (1,374) (1,554) 30 Delta Confidential

  31. Slide 31: Non-Operating Profit

    業外損益 Non-Operating Profit 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales -42% 2.34 1.34 2.8% 1.6% 1H12 1H13 31 Delta Confidential

  32. Slide 32: Non-Operating Income Breakdown

    業外損益細項 Non-Operating Income Breakdown 單位：新台幣百萬元 Unit: NT$ million 1H12 1H13 處分投資(Investment disposal) 807 (143) 投資損益(Investment income) 242 426 利息收益(Interest income) 284 229 其他業外損益(Others) 1,003 824 合計(Total) 2,336 1,336 32 Delta Confidential

  33. Slide 33: Net Income Before Tax

    稅前淨利 Net Income Before Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +4% 9.84 10.20 11.9% 12.4% 1H12 1H13 33 Delta Confidential

  34. Slide 34: Tax & Minority Interest

    所得稅與少數股權 Tax & Minority Interest 單位：新台幣百萬元 Unit: NT$ million 1H12 1H13 稅前淨利(Net income before tax) 9,844 10,197 所得稅(Tax) (1,333) (1,410) 停業部門損益(Gain or loss from discontinued business) (866) 120 少數股權淨利(Minority interest) (678) (389) 稅後淨利(Net income after tax) 6,968 8,517 34 Delta Confidential

  35. Slide 35: Net Income After Tax

    稅後淨利 Net Income After Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +22% 6.96 8.52 10.4% 8.4% 1H12 1H13 35 Delta Confidential

  36. Slide 36: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 3.51 2.87 1H12 1H13 *每股盈餘之設算基於加權平均股數24.25億股 *EPS based on weighted average shares outstanding of 2,425 million shares. 36 Delta Confidential

  37. Slide 37: Smarter. Greener. Together.

    Smarter. Greener. Together. To learn more about Delta, please visit www.deltaww.com

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