Slide 1: Delta Electronics, Inc. 3Q 2024 Results
Delta Electronics, Inc. 3Q 2024 Results 台達電子2024年第三季財報法人說明會 30 October 2024
Slide 2: IFRS basis and CPA review notice
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 3: 3Q 2024 Financial Results
3Q 2024 Financial Results 2024年第三季結算數字 3 Delta Confidential
Slide 4: 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 3Q23 4Q23 1Q24 2Q24 3Q24 Sales 107.8 100.0 91.3 103.4 112.2 Sales +4% +8% 營收 GP 毛利 3Q23 4Q23 1Q24 2Q24 3Q24 GP +23% +11% GP 31.8 30.4 26.9 35.3 39.2 毛利 GPM 29.6% 30.4% 29.5% 34.1% 34.9% 4 Delta Confidential
Slide 5: 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 10.8 Y/Y Q/Q 30.0 10.6 年對年 季對季 25.0 9.6 10.0 R&D 9.0 12.0 20.0 10.4 11.6 R&D SG&A 15.0 10.1 +13% +2% 10.5 研發費用 OP 10.0 11.9 13.1 16.5 5.0 10.3 7.4 0.0 SG&A +15% +3% (% of sales) 3Q23 4Q23 1Q24 2Q24 3Q24 銷管費用 R&D 8.9% 9.9% 9.8% 10.2% 9
Slide 6: Performance by Segment
Performance by Segment 主要部門表現 Sales% NT$ million 營收佔比 新台幣百萬元 Sales Y/Y Q/Q Profits Y/Y Q/Q Power Electronics 62,335 +10% +13% 13,976 +37% +24% 53% 53% 56% 電源及零組件 13% 11% 10% Mobility 11,776 -15% +4% 272 -50% +0% 12% 13% 12% 交通 22% 23% 22% Automation 13,360 +1% -2% 347 -40% -40% 3Q23 2Q24 3Q24 自動化 Po
Slide 7: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 3Q23 2Q24 3Q24 NT$ billion 新台幣十億元 Gains or losses from investment* 320 129 54 投資損益* Non-OP 業外損益 Interest income 206 539 521 利息收益 3Q23 4Q23 1Q24 2Q24 3Q24 non-op 1.9 2.6 1.4 1.9 1.2 FX income and valuation of FX forward 537 395 (158) % of sales 1.7% 2.6%
Slide 8: 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 3Q23 4Q23 1Q24 2Q24 3Q24 年對年 季對季 PBT 13.8 12.9 8.8 15.0 17.7 % of sales 12.8% 13.0% 9.6% 14.5% 15.8% Profits before tax +28% +18% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 3Q23 4Q23 1Q24 2Q24 3Q24 EBITDA 息稅折舊及 +24% +12% E
Slide 9: 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 3Q23 2Q24 3Q24 Net profits Profit before after tax income tax 13,771 15,036 17,675 稅後淨利 稅前淨利 3Q23 4Q23 1Q24 2Q24 3Q24 稅後淨利 9.3 9.0 5.8 9.9 12.4 Income tax (2,741) (3,082) (3,528) 所得稅 稅後淨利率 8.7% 9.0% 6.3% 9.6% 11.0% Non-controlling inte
Slide 10: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 4.75 3.60 3.46 3.83 2.22 3Q23 4Q23 1Q24 2Q24 3Q24 *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。 10 Delta Confidential
Slide 11: YT3Q 2024 Financial Results
YT3Q 2024 Financial Results 2024年前三季結算數字 11 Delta Confidential
Slide 12: 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 YT3Q23 YT3Q24 Sales 301.2 306.9 Sales +2% 營收 GP GP 毛利 毛利 +17% YT3Q23 YT3Q24 GP 86.8 101.4 GPM 28.8% 33.0% 12 Delta Confidential
Slide 13: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 120.0 NT$ billion 110.0 新台幣十億元100.0 Y/Y 年對年 90.0 80.0 30.4 R&D 70.0 26.1 R&D +16% SG&A 60.0 50.0 34.0 研發費用 OP 40.0 30.1 30.0 30.6 37.0 20.0 SG&A +13% (% of sales) YT3Q23 YT3Q24 銷管費用 R&D 8.7% 9.9% OPEX +15% SG&A 10.0% 11.1% 總營業費用 OPEX 18.7% 21.0% OP +21% 營業淨利 OPM
Slide 14: Performance by Segment
Performance by Segment 主要部門表現 NT$ million Sales% 新台幣百萬元 Sales Y/Y Profits Y/Y 營收佔比 Power Electronics 164,409 +7% 32,546 +26% 電源及零組件 51% 53% Mobility 33,576 +1% 718 -21% 11% 11% 交通 14% 13% 24% 23% Automation 38,830 -7% 983 -42% 自動化 YT3Q23 YT3Q24 Power Electronics Mobility Infrastructure 69,732 -4% 2,
Slide 15: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 YT3Q23 YT3Q24 Gains or losses from NT$ billion 新台幣十億元 investment* 1,141 188 投資損益* Non-OP Interest income 529 1,421 利息收益 業外損益 YT3Q23 YT3Q24 non-op 5.1 4.5 FX income and valuation of FX forward 971 467 % of sales 1.7% 1.5% 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
Slide 16: 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 YT3Q23 YT3Q24 PBT 35.7 41.5 % of sales 11.8% 13.5% Profits before tax +16% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 EBITDA YT3Q23 YT3Q24 息稅折舊及 +16% 攤銷前利潤 EBITDA 52.4 60.9 % of sales 17.4% 19.8% 16 Delta Confidential
Slide 17: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million YT3Q23 YT3Q24 新台幣百萬元 Net profits Profit before income tax 35,678 41,476 after tax 稅前淨利 稅後淨利 YT3Q23 YT3Q24 Income tax (7,154) (8,408) Net profits 所得稅 24.4 28.1 after tax % of sales 8.1% 9.1% Non-controlling interest (4,105) (5,017) 非控制權益 Y/Y 年
Slide 18: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 +15% 10.80 9.40 YT3Q23 YT3Q24 *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。 18 Delta Confidential
Slide 19: 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 20: Smarter. Greener. Together.
Smarter. Greener. Together.