Slide 1: MediaTek 2019-Q2 Investor Conference
聯發科技 2019年第二季法人說明會 MediaTek 2019-Q2 Investor Conference July 31, 2019 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 (NT$ million) QoQ YoY 16.8% 1.8% 80,000 60,481 61,567 60,000 52,722 40,000 20,000 0 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 2
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin QoQ YoY 1.2pt 3.7pt 45% 41.9% 40.7% 40% 38.2% 35% 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 3
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses QoQ (NT$ million) YoY 7.3% 3.3% 25,000 19,647 20,000 19,020 18,304 2,574 2,934 2,143 1,665 Selling expenses 15,000 1,814 1,555 Administration expenses 10,000 R&D expenses 14,272 14,607 15,407 5,000 0 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 4
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NT$ million) QoQ YoY 93.9% 50.1% 7,000 6,143 6,000 5,000 4,092 4,000 3,169 3,000 2,000 1,000 0 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 5
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin QoQ YoY 4pt 3.2pt 15% 10.0% 10% 6.8% 6.0% 5% 0% 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 6
Slide 8: Consolidated Net Income
Consolidated Net Income QoQ (NT$ million) YoY 90.4% -12.6% 8,000 7,439 7,000 6,503 6,000 5,000 4,000 3,416 3,000 2,000 1,000 0 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 7
Slide 9: Consolidated Net Profit Margin
Consolidated Net Profit Margin QoQ YoY 4.1pt -1.7pt 15% 12.3% 10.6% 10% 6.5% 5% 0% 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 8
Slide 10: Consolidated Earnings Per Share
Consolidated Earnings Per Share (NT$ ) QoQ YoY 1.94 -0.61 5.00 4.72 4.50 4.11 4.00 3.50 3.00 2.50 2.17 2.00 1.50 1.00 0.50 0.00 2Q18 1Q19 2Q19 Copyright © MediaTek Inc. All rights reserved. 9
Slide 11: Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements
Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements Copyright © MediaTek Inc. All rights reserved. 10
Slide 12: Consolidated Income Statement (Unaudited)
Consolidated Income Statement (Unaudited) (In NT$millions,except earningsper share ) (In NT$ millions, except EPS) 2Q19 1Q19 2Q18(Note2) Q-Q Y-Y Net Sales 61,567 52,722 60,481 16.8% 1.8% Operating costs (35,777) (31,249) (37,369) Gross profit 25,790 21,473 23,113 20.1% 11.6% Selling expenses (2,574)
Slide 13: Supplemental Information: Percentage of Revenue
Supplemental Information: Percentage of Revenue 2Q19 1Q19 2Q18 Gross profit 41.9% 40.7% 38.2% Selling expenses (4.2%) (4.1%) (4.9%) Administration expenses (2.7%) (2.9%) (3.0%) R&D expenses (25.0%) (27.7%) (23.6%) Operating income 10.0% 6.0% 6.8% Non-operating income 3.0% 1.6% 7.6% Income tax expens
Slide 14: Balance Sheet Summary (Unaudited)
Balance Sheet Summary (Unaudited) (In NT$millions) (In NT$ millions) 2Q19 1Q19 2Q18(Note2) Cash & financial assets-current 215,522 187,586 191,991 Accounts receivable 27,915 25,312 31,956 Inventories 31,096 30,122 36,875 Other current assets 8,343 10,485 17,345 Funds and investments 48,718 45,294 46
Slide 15: Cash Flow Statement (Unaudited)
Cash Flow Statement (Unaudited) (In NT$millions) (In NT$ millions) 2Q19 1Q19 2Q18 Net cash provided by (used in) operating activities 14,135 1,691 9,202 Net cash provided by (used in) investing activities 97 (1,608) 5,156 Net cash provided by (used in) financing activities 8,313 7,739 14,431 Effect
Slide 16: Supplemental Information: Reconciliations of TIFRS Results to Non-TIFRS Results
【Supplemental Information】 Reconciliations of TIFRS Results to Non-TIFRS Results Copyright © MediaTek Inc. All rights reserved. 15
Slide 17: Reconciliations of TIFRS Results to Non-TIFRS Results
Reconciliations of TIFRS Results to Non-TIFRS ResultsNote3 (In NT$ millions) 2Q19 1Q19 2Q18(Note2) Q-Q Y-Y TIFRS operating income 6,143 3,169 4,092 TIFRS net income 6,503 3,416 7,439 TIFRS EPS(NT$) 4.11 2.17 4.72 Non-TIFRS reconciliation items 682 652 409 Share-based compensation 394 370 114 Amortiz
Slide 18: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved. 17