Slide 1: 3Q11 Operation Review & Business Updates
3Q11 Operation Review & Business Updates October 27, 2011
Slide 2: Agenda
Agenda Operation Reviews & Business Updates Gavin Lee Q&A A.P. Chen & Gavin Lee All numbers are brand consolidated and unaudited, except otherwise specified.
Slide 3: Operation Reviews & Business Updates
Operation Reviews & Business Updates 1
Slide 4: 3Q11 Income Statement & QoQ Comparison
3Q11 Income Statement & QoQ Comparison 3Q11 2Q11 QoQ % Unit: NT$ million AMT % AMT % Change Net Sales 8,551 100.0 8,021 100.0 6.6 Cost of Goods Sold - Product 5,759 67.3 5,344 66.6 7.8 Gross Profit 1 2,792 32.7 2,677 33.4 4.3 Inventory Related Gain/(Loss) (101) (1.2) (26) (0.3) 288.5 Gross Profit 2
Slide 5: 3Q11 Non-op Income/Loss & QoQ Comparison
3Q11 Non-op Income/Loss & QoQ Comparison QoQ % Unit : NT$ mln 3Q11 2Q11 Change Investment Income 101 (19) NA Sub./Aff. 101 (19) NA Capital Gain 0 0 NA FX Gain/(Loss) (193) 21 NA Fin. Income/(Exp.) & Oth. 81 12 575.0 Total (11) 14 NA 3
Slide 6: 3Q11 Income Statement & YoY Comparison
3Q11 Income Statement & YoY Comparison 3Q11 3Q10 YoY% Unit: NT$ million AMT % AMT % Change Net Sales 8,551 100.0 8,589 100.0 (0.4) Cost of Goods Sold - Product 5,759 67.3 5,833 67.9 (1.3) Gross Profit 1 2,792 32.7 2,756 32.1 1.3 Inventory Related Gain/(Loss) (101) (1.2) (95) (1.1) 6.3 Gross Profit 2
Slide 7: YT3Q11 Income Statement & YoY Comparison
YT3Q11 Income Statement & YoY Comparison YT3Q11 YT3Q10 YoY % Unit: NT$ million AMT % AMT % Change Net Sales 24,374 100.0 24,713 100.0 (1.4) Cost of Goods Sold - Product 16,327 67.0 16,570 67.1 (1.5) Gross Profit 1 8,047 33.0 8,143 32.9 (1.2) Inventory Related Gain/(Loss) (155) (0.6) (274) (1.1) (43.
Slide 8: 09/30/2011 Balance Sheet & QoQ Comparison
09/30/2011 Balance Sheet & QoQ Comparison 09/30/11 6/30/11 QoQ % Unit: NT$ mln AMT % % AMT Change Cash 5,831 21 6,232 23 (6.4) S-T Investment 187 1 549 2 (65.9) Account Receivable 6,361 23 5,914 22 7.6 Inventory 7,117 26 6,214 23 14.5 Long-term Investments 4,929 18 4,916 18 0.3 Total Assets 27,498 1
Slide 9: Key Financial Ratios
Key Financial Ratios Unit: % , days 09/30/11 06/30/11 03/31/11 12/31/10 09/30/10 * Days A/R 67 66 67 64 69 * Days Inventory 105 101 95 81 95 *Days A/P 106 105 89 108 93 Cash Cycle 67 62 68 56 57 Current Ratio 1.63 1.59 2.19 2.13 1.91 Debt/Equity Ratio 0.92 0.96 0.73 0.75 0.90 **Net Debt/Equity Ratio
Slide 10: Quarterly Revenue by Regions
Quarterly Revenue by Regions In NT$, up 6,6% QoQ, down 0.4% YoY In US$, up 5.7% QoQ, up 9.2% YoY N.A. up 1.4% QoQ, down 20.1% YoY N.A. up 0.4% QoQ, down 12.3% YoY Europe up 0.8% QoQ, down 16.1% YoY Europe down 0.3% QoQ, down 8.2% YoY Emerging Mkts & APac up 9.8% QoQ, up 12.3% YoY Emerging Mkts & APa
Slide 11: Quarterly Revenue by Products
Quarterly Revenue by Products 3Q11 revenue comparison in NT$ terms: In US$ terms: Switch up 11.8% QoQ, down 9.3% YoY Switch up 10.8% QoQ, down 0.5% YoY Wireless up 3.5% QoQ, up 4.2% YoY Wireless up 2.7% QoQ, up 14.0% YoY B.B. up 0.1% QoQ, down 11.8% YoY B.B. flat QoQ, down 2.0% YoY NT$ mln D.H. up 7
Slide 12: YT3Q11 Revenue by Regions
YT3Q11 Revenue by Regions YT3Q11 revenue YoY comparison: In NT$ terms: In US$ terms: YT3Q11 down 1.4% YT3Q11 up 7.9% Emerging Mkts & AsiaPac up 6.9% Emerging Mkts & AsiaPac up 17.1% Europe down 13.3% Europe down 5.4% NT$ mln N.A. down 11.9% N.A. down 3.5% 25,000 20,000 58% 63% 15,000 10,000 24% 21%
Slide 13: YT3Q11 Revenue by Products
YT3Q11 Revenue by Products YT3Q11 revenue YoY comparison: In NT$ terms: In US$ terms: Switch down 7.2% Switch up 1.8% Wireless up 1.0% Wireless up 10.4% Broadband down 11.8% Broadband down 3.4% Digital Home up 35.0% Digital Home up 52.3% NT$ mln 25,000 3% 3% 7% 10% 20,000 19% 17% 15,000 38% 39% 10,0
Slide 14: 4Q11 Guidance
4Q11 Guidance From QoQ perspective Revenue to mildly grow Op. Margin to slightly improve 12
Slide 15: Safe Harbor Statement
Safe Harbor Statement All numbers are consolidated. Except for statements in respect of historical matters, the statements contained in this release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange A
Slide 16: Q&A
Q&A For complete financial and press releases, please visit http://ir.dlink.com