Pixart Imaging — Q1 2017 Earnings Presentation

5 slides from Pixart Imaging's earnings presentation, May 11, 2017

Slide 1: 2017 First Quarter Results
2017 First Quarter Results May 11, 2017 © PixArt Imaging Inc. Confidential Information
Slide 2: Consolidated Income Statements
Consolidated Income Statements(一) Unit: In thousand NTD except EPS Q1/17 Q4/16 Q1/16 QoQ YoY Net Sales 1,103,702 1,148,927 1,027,696 -3.9% 7.4% COGS 521,366 571,857 505,038 -8.8% 3.2% Gross Profit 582,336 577,070 522,658 0.9% 11.4% Gross Margin 52.8% 50.2% 50.9% Operating Expense 495,947 560,622 485
Slide 3: Consolidated Balance Sheets
Consolidated Balance Sheets Amount: NT$ thousand Q1/17 Q4/16 Q1/16 Cash and Cash Equivalents 2,877,354 3,123,689 3,941,811 Accounts Receivable 648,406 714,850 599,108 Inventory 552,279 607,935 291,089 Total Current Assets 4,386,651 4,750,303 5,136,783 Noncurrent Assets 2,010,124 1,721,980 1,345,903
Slide 4: Product Mix-Quarterly
Product Mix-Quarterly 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Others 10 12 12 12 13 21 24 22 25 Mouse 90 88 88 88 87 79 76 78 75 © PixArt Imaging Inc. Confidential Information 4