Slide 1: FocalTech Investor Conference 2018/02/09
FocalTech 敦泰電子(Ticker 3545TT) Investor Conference法人說明會 2018/02/09
Slide 2: Disclaimer
免責聲明DISCLAIMER • 本簡報之內容可能包括本公司基於從各項來源所取得的資訊， 對於營運、財務 狀況與企業發展情形的前瞻性預估。 • This presentation may contain “forward-looking statements” which may include projections on future results of operations, financial condition, and business prospects based on our own information and other sources. • 因為包括但不限於市場需求
Slide 3: 2017 Q4 Summary (1)
2017 Q4 Summary/106年第4季總結 (1) Revenue of Q4 is NT$2.77B, which represents a 15% QoQ decline and 3% YoY increase. This seasonal decline is consistent with the 14% decrease in smart phone shipment by mainland phone manufacturers in Q4. 2017年第4季營收27.7億元，受到智慧手機市場季節性需求疲弱影響，較上季減 少15%，相較2016年Q4 ，則有3%成長。
Slide 4: 2017 Q4 Summary (2)
2017 Q4 Summary/106年第4季總結 (2) Affected by Trump tax reform at the end of 2017, the U.S. subsidiary recognized income tax expense of NTD 246 million, which resulted in a yearly loss of NTD 103 million. The unexpected income tax recognized in 2017 is a one-time effect. In subsequent years, income ta
Slide 5: 17'Q4 Income Statement
17’Q4 Income Statement /106年第4季損益表 Unit in NT$ Million /單位: 新台幣佰萬元 17' 4Q 17' 3Q QoQ 16' 4Q YoY Revenue/ 營業收入 2,775 3,265 -15% 2,694 3% Gross Profit/ 營業毛利 567 673 -16% 627 -10% Gross Margin/ 營業毛利率 20.4% 20.6% ↓20 bps 23.3% ↓290 bps Operating Expense/ 營業費用 557 543 3% 515 8% Operating Income/ 營業淨利 10
Slide 6: 2017 Income Statement
2017 Income Statement /106年損益表 Unit in NT$ Million /單位: 新台幣佰萬元 2017 2016 YoY Revenue/ 營業收入 10,798 11,018 -2.0% Gross Profit/ 營業毛利 2,270 2,266 0.2% Gross Margin/ 營業毛利率 21.0% 20.6% ↑40 bps Operating Expense/ 營業費用 2,108 2,059 2.4% Operating Income/ 營業淨利 162 207 -21.9% Non Operating Income/ 營業外收入 42 34
Slide 7: Balance Sheet
Balance Sheet /資產負債表 Unit in NT$ Million /單位: 新台幣佰萬元 2017.12.31 2017.9.30 QoQ Cash & Market Securities/ 現金及其他金融資產 4,018 4,806 -16% Accounts Receivable/ 應收帳款 1,258 1,496 -16% Inventory/ 存貨 2,686 3,345 -20% Other Current Assets/ 其他流動資產 212 221 -4% Other Non Current Asset/ 其他非流動資產 5,371 5,438 -1% Total
Slide 8: Future Outlook (1)
Future Outlook / 未來展望(1) Due to the reduction in working days during Chinese New Year, the component demand is typically low in the first quarter. Therefore, the revenue in Q1 of 2018 is expected to have limited decrease from the fourth quarter of 2017 due to the IDC shipment. 根據歷史經驗，因春節影響，工作天數減少，
Slide 9: Future Outlook (2)
Future Outlook / 未來展望(2) In order to expand the business, FocalTech continues to widen the applications with traditional out-cell products. This includes home appliances, industrial control, automotive and other applications using medium to large display panels. 原有產品線方面，敦泰將持續深化既有手機、平板、穿戴等市場之外，已開 始
Slide 10: Future Outlook (3)
Future Outlook / 未來展望(3) The arrival of high display-to-panel ratio requirement for the smartphone is leaving little or no room for the fingerprint sensor on the front panel. An industry-wide R&D effort has been underway in order to find a solution to this problem. 隨著智慧型手機高屏占比設計風潮，手機正面已無空間可放置指紋辨識感
Slide 11: Phones with Full Screen Display
Phones with Full Screen Display Xiaomi mix Xiaomi mix2 SHARP S2 vivo V7+ Gionee 大金剛2 FT8716U FT8716U FT8716U FT8006M FT8006M FHD+ 17:9 FHD+ 18:9 FHD+ 17:9 HD+ 18:9 HD+ 18:9 COF CONFIDENTIAL @2017 FocalTech Systems Co., Ltd. All rights reserved 11
Slide 12: TP on AMOLED MP Records: Luxurious Watches
TP on AMOLED MP Records : Luxurious Watches Louis Vuitton Hugo Boss Armani Montblanc Fossil Guess Michael Kors Movado CONFIDENTIAL @2017 FocalTech Systems Co., Ltd. All rights reserved 12
Slide 13: Thank you!
Thank you ! Copyright © 2017 FocalTech Systems Co., Ltd. All Rights Reserved. The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a