Compal Electronics, Inc. · TWSE:2324
Compal Electronics — Q4 2013 Earnings Presentation
8 slides from Compal Electronics's earnings presentation, Mar 27, 2014
Slide 1: Compal Electronics, Inc. 4Q 2013 Financial Results
Compal Electronics, Inc. 4Q 2013 Financial Results Save the earth…Please print out only when necessary March 27, 2014
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: 4Q13 Income Statement (Consolidated)
4Q13 Income Statement (Consolidated) NT$ Million 4Q 2013 3Q 2013 4Q 2012 QoQ YoY Net Sales 193,464 100.0% 164,849 100.0% 184,345 100.0% 17% 5% Gross Margin 7,681 4.0% 6,965 4.2% 7,404 4.0% 10% 4% Operating Expense 5,220 2.7% 4,563 2.8% 4,950 2.7% Operating Margin 2,461 1.3% 2,402 1.5% 2,454 1.3% 2%
Slide 4: 2013 Income Statement (Consolidated)
2013 Income Statement (Consolidated) NT$ Million 2013 2012 YoY Net Sales 692,748 100.0% 683,914 100.0% 1% Gross Margin 28,110 4.1% 28,750 4.2% -2% Operating Expense 18,876 2.7% 18,695 2.7% Operating Margin 9,234 1.3% 10,055 1.5% -8% Non-Operating Items (4,874) -0.7% (631) -0.1% Onetime Loss- VIBO (4
Slide 5: Normalized Income Statement (Without Vibo's onetime Impact)
Normalized Income Statement (Without Vibo’s onetime Impact) NT$ Million 4Q 2013 3Q 2013 QoQ 2013 2012 YoY Net Sales 193,464 100.0% 164,849 100.0% 17% 692,748 100.0% 683,914 100.0% 1% Gross Margin 7,681 4.0% 6,965 4.2% 10% 28,110 4.1% 28,750 4.2% -2% Operating Expense 5,220 2.7% 4,563 2.8% 18,876 2.7
Slide 6: Non-Operating Income Breakdown
Non-Operating Income Breakdown NT$ Million 4Q13 3Q13 4Q12 2013 2012 Interest Income, net 29 59 (3) 135 346 Investment Gain (Loss), net 647 (290) (445) (302) (1,484) Gain (Loss) on FX, net 65 (383) (132) (694) (653) Others 199 238 198 888 1,160 Total Non-Operating Gain (Loss)- Before Onetime 940 (376
Slide 7: 4Q13 Balance Sheet (Consolidated)
4Q13 Balance Sheet (Consolidated) NT$ Million Dec 2013 Sep 2013 Dec 2012 Cash and Cash Equivalents 46,966 14% 59,517 19% 44,155 14% Account Receivable 183,696 55% 151,588 48% 160,827 52% Inventories 51,219 15% 51,629 16% 51,707 17% Investments 25,829 8% 26,134 8% 28,307 9% Total Assets 336,103 100%
Slide 8: Q&A
Q&A http://www.compal.com Investor@compal.com