Delta Electronics, Inc. · TWSE:2308

Delta Electronics — FY2012 Earnings Presentation

38 slides from Delta Electronics's earnings presentation, Mar 12, 2013

  1. Slide 1: Delta Electronics, Inc. 2012 Result Analyst Meeting

    台達電子2012年財報法人說明會 Delta Electronics, Inc. 2012 Result Analyst Meeting 12 Mar 2013

  2. Slide 2: Basis of financial presentation

    •合併財務數字乃根據財務會計準則公報第七號編製 Consolidated financials are based on Statement of Financial Accounting Standard No. 7 •累計合併數字係經由會計師審核 Cumulative consolidated numbers were audited by CPA •因旺能即將與新日光合併，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 sta

  3. Slide 3: 2012 Fourth Quarter Results

    2012年第四季結算數字 2012 Fourth 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 -9% YoY 0% 44.3 46.7 42.3 42.3 38.4 4Q11 1Q12 2Q12 3Q12 4Q12 4 Delta Confidential

  5. Slide 5: Revenues by Business (1)

    業務分類(一) Revenues by Business (1) 3Q12 4Q12 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 60% 61% 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) 17% 18% 18% 17% 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 3Q12 4Q12 Change 電源及零組件 (Power Electronics) 28,252 25,647 -9% 能源管理 (Energy Management) 8,391 7,384 -12% 智能綠生活 (Smart Green Life) 7,890 7,739 -2% 其他(Others) 2,165 1,545 -29% 總計(Total) 46,699 42,315 -9% 6 Delta Confidential

  7. Slide 7: Revenues by Business (2)

    業務分類(二) Revenues by Business (2) 4Q11 4Q12 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 63% 61% 其他 其他 (Others) (Others) 3% 4% 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) 15% 17% 19% 18% 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 4Q11 4Q12 Change 電源及零組件 (Power Electronics) 26,913 25,647 -5% 能源管理 (Energy Management) 6,195 7,384 19% 智能綠生活 (Smart Green Life) 7,973 7,739 -3% 其他(Others) 1,233 1,545 25% 總計(Total) 42,314 42,315 0% 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 -8% YoY +23% 10.78 11.88 10.96 8.93 8.55 25.4% 25.9% 24.3% 22.2% 21.1% 4Q11 1Q12 2Q12 3Q12 4Q12 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 +7% YoY +17% 2.66 2.80 3.00 2.57 2.52 7.1% 6.1% 6.5% 6.0% 6.0% 4Q11 1Q12 2Q12 3Q12 4Q12 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 0% YoY +1% 3.55 3.15 3.47 3.61 3.60 8.4% 8.2% 7.5% 7.6% 7.6% 4Q11 1Q12 2Q12 3Q12 4Q12 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 +3% YoY +8% 6.12 6.13 6.41 6.60 5.67 15.6% 14.5% 14.7% 13.8% 13.7% 4Q11 1Q12 2Q12 3Q12 4Q12 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 -20% YoY +56% 4.65 5.46 4.36 2.80 2.88 11.7% 10.5% 10.3% 6.6% 7.5% 4Q11 1Q12 2Q12 3Q12 4Q12 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 4Q11 3Q12 4Q12 電源及零組件 (Power Electronics) 3,233 3,926 4,192 能源管理 (Energy Management) 637 1,323 1,213 智能綠生活 (Smart Green Life) 341 538 371 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 +9% YoY 2.38 -19% 1.25 6.2% 0.83 0.93 1.01 3.0% 2.4% 1.9% 2.0% 4Q11 1Q12 2Q12 3Q12 4Q12 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 3Q12 4Q12 處分投資(Investment disposal) (29) (84) 投資損益(Investment income) 347 130 利息收益(Interest income) 152 102 其他業外損益(Others) 463 857 合計(Total) 933 1,005 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 -16% YoY +61% 5.25 5.48 6.40 5.37 3.33 13.7% 13.7% 12.7% 12.4% 7.9% 4Q11 1Q12 2Q12 3Q12 4Q12 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 3Q12 4Q12 稅前淨利(Net income before tax) 6,397 5,373 所得稅(Tax) (994) (804) 停業部門損失(Loss from discontinued business) (419) (661) 少數股權淨利(Minority interest) (277) (159) 稅後淨利(Net income after tax) 4,707 3,750 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 -20% YoY +52% 4.00 4.71 3.66 3.75 2.46 9.0% 10.1% 8.9% 9.5% 5.8% 4Q11 1Q12 2Q12 3Q12 4Q12 19 Delta Confidential

  20. Slide 20: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 1.95 1.66 1.56 1.52 1.02 4Q11 1Q12 2Q12 3Q12 4Q12 *每股盈餘之設算基於加權平均股數24.11億股 *EPS based on weighted average shares outstanding of 2,411 million shares. 20 Delta Confidential

  21. Slide 21: 2012 Full-year Results

    2012年結算數字 2012 Full-year Results 21 Delta Confidential

  22. Slide 22: Revenues

    合併營收 Revenues 單位：新台幣十億元 Unit: NT$ billion +6% 171.8 162.5 2011 2012 22 Delta Confidential

  23. Slide 23: Revenues by Business

    業務分類 Revenues by Business 2011 2012 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 66% 62% 其他 其他 (Others) (Others) 2% 3% 智能綠生活 智能綠生活 能源管理 能源管理 (Smart (Smart Green (Energy (Energy Green Life) Life) Mgmt) Mgmt) 17% 18% 17% 15% 23 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 2011 2012 Change 電源及零組件 (Power Electronics) 107,145 106,665 0% 能源管理 (Energy Management) 23,873 29,665 24% 智能綠生活 (Smart Green Life) 28,005 30,084 7% 其他(Others) 3,451 5,346 55% 總計(Total) 162,474 171,760 6% 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 +22% 42.2 34.6 24.5% 21.3% 2011 2012 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 +16% 9.47 10.98 6.4% 5.8% 2011 2012 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 +15% 11.98 13.82 8.0% 7.4% 2011 2012 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 +15% 24.81 21.45 14.4% 13.2% 2011 2012 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 +32% 17.35 13.16 10.1% 8.1% 2011 2012 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 2011 2012 電源及零組件 (Power Electronics) 12,155 14,333 能源管理 (Energy Management) 3,148 4,176 智能綠生活 (Smart Green Life) 986 1,687 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 +21% 4.26 5.15 2.6% 3.0% 2011 2012 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 2011 2012 處分投資(Investment disposal) 270 1,565 投資損益(Investment income) 498 732 利息收益(Interest income) 525 538 其他業外損益(Others) 2,967 2,319 合計(Total) 4,260 5,154 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 +29% 22.51 17.42 13.1% 10.7% 2011 2012 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 2011 2012 稅前淨利(Net income before tax) 17,421 22,506 所得稅(Tax) (3,121) (3,349) 非常利益(Extraordinary) 206 - 停業部門損失(Loss from discontinued business) (2,541) (1,940) 少數股權淨利(Minority interest) (974) (1,108) 稅後淨利(Net income after tax) 10,991 16,110

  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 +47% 16.11 10.99 9.4% 6.8% 2011 2012 35 Delta Confidential

  36. Slide 36: EPS

    每股淨利(新台幣元) EPS (unit: NT$) 6.68 4.56 2011 2012 *每股盈餘之設算基於加權平均股數24.11億股 *EPS based on weighted average shares outstanding of 2,411 million shares. 36 Delta Confidential

  37. Slide 37: Proposed Earnings Distribution

    盈餘分配 Earnings distribution 董事會建議盈餘分配 Proposed Earnings Distribution 現金股利每股5.3元 Cash dividend per share: NT$5.3 37 Delta Confidential

  38. Slide 38: Smarter. Greener. Together.

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

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