Slide 1: Compal Electronics, Inc. 4Q 2014 Financial Results
Compal Electronics, Inc. 4Q 2014 Financial Results Save the earth…Please print out only when necessary February 26, 2015
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains forward-looking statements and is subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. The projections should not be interpreted as legally binding commitments, but rather as fle
Slide 3: 4Q14 Income Statement (Cons.)
4Q14 Income Statement (Cons.) NT$ Million 4Q 2014 3Q 2014 4Q 2013 QoQ YoY Net Sales 246,403 100.0% 226,793 100.0% 193,464 100.0% 9% 27% Gross Margin 9,756 3.96% 7,395 3.26% 7,681 3.97% 32% 27% Operating Expense 5,416 2.20% 5,249 2.31% 5,220 2.70% Operating Margin 4,340 1.76% 2,146 0.95% 2,461 1.27%
Slide 4: 2014 Income Statement (Cons.)
2014 Income Statement (Cons.) NT$ Million 2014 2013 YoY Net Sales 845,701 100.0% 692,748 100.0% 22% Gross Margin 32,365 3.83% 28,110 4.06% 15% Operating Expense 20,690 2.45% 18,876 2.72% Operating Margin 11,675 1.38% 9,234 1.33% 26% Non-op Gain (Loss) 2,792 27 Onetime Loss * (4,730) (4,901) Non-Oper
Slide 5: Normalized Income Statement (Remove Onetime Impact)
Normalized Income Statement (Remove Onetime Impact) NT$ Million 2014 2013 YoY Net Sales 845,701 100.0% 692,748 100.0% 22% Gross Margin 32,365 3.83% 28,110 4.06% 15% Operating Expense 20,690 2.45% 18,876 2.72% Operating Margin 11,675 1.38% 9,234 1.33% 26% Non-Operating Items 2,792 0.33% 27 0.00% Pre-
Slide 6: Non-Operating Breakdown
Non-Operating Breakdown NT$ Million 4Q14 3Q14 4Q13 2014 2013 Interest Income, net (47) 49 29 4 135 Investment Gain (Loss), net 191 475 647 1,205 (302) Gain (Loss) on FX, net 817 330 65 1,055 (694) Others 124 85 199 528 888 Non-Operating Gain (Loss) 1,085 939 940 2,792 27 Onetime Loss - - - (4,730) (
Slide 7: 2014 Balance Sheet (Cons.)
2014 Balance Sheet (Cons.) NT$ Million Dec 2014 Sep 2014 Dec 2013 Cash and Cash Equivalents 74,708 20% 56,096 15% 46,966 14% Account Receivable 178,895 47% 177,415 49% 183,696 55% Inventories 67,271 18% 73,748 20% 51,219 15% Investments 25,975 7% 24,283 7% 26,829 8% Total Assets 378,751 100% 362,723
Slide 8: 2014 Earning Distribution
2014 Earning Distribution 2011 2012 2013 2014 NT$ Cash Dividends Cash from Retain Earnings 1.4 1.0 0.5 1.0 Cash from Capital Surplus - - 0.5 0.5 Total Cash Dividends 1.4 1.0 1.0 1.5 Reported EPS (NT$) 2.53 1.47 0.57 1.63 Normalized EPS (NT$) 2.53 1.47 1.70 2.73 Payout Ratio - Normalized EPS 55% 68%
Slide 9: Q&A
Q&A http://www.compal.com Investor@compal.com