Delta Electronics, Inc. · TWSE:2308

Delta Electronics — Q3 2016 Earnings Presentation

39 slides from Delta Electronics's earnings presentation, Oct 28, 2016

  1. Slide 1: Delta Electronics, Inc. 3Q 2016 Results Analyst Meeting

    台達電子2016年第三季財報法人說明會 Delta Electronics, Inc. 3Q 2016 Results Analyst Meeting 28 Oct 2016

  2. Slide 2: IFRS basis and CPA review note

    • 本簡報財務數字係根據國際財務報導準則編製 The financial numbers hereby are based on International Financial Reporting Standards (IFRS) • 合併數字係經由會計師核閱簽證 Cumulative consolidated numbers were reviewed by CPA 2 Delta Confidential

  3. Slide 3: 2016 Third Quarter Results

    2016年第三季結算數字 2016 Third Quarter Results 3 Delta Confidential

  4. Slide 4: Sales Revenue

    合併營收 Sales Revenue QoQ 單位：新台幣十億元 +8% Unit: NT$ billion YoY +2% 55.9 55.7 57.0 52.7 47.6 3Q15 4Q15 1Q16 2Q16 3Q16 4 Delta Confidential

  5. Slide 5: Sales Revenue by Business (QoQ)

    業務分類 (季對季) Sales Revenue by Business (QoQ) 2Q16 3Q16 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 51% 54% 能源管理 能源管理 其他 智能綠生活 (Energy 其他 智能綠生活 (Energy (Others) (Smart Mgmt) (Others) (Smart Mgmt) 2% Green Life) 29% 2% Green Life) 26% 18% 18% 5 Delta Confidential

  6. Slide 6: Sales Revenue by Business (QoQ)

    業務分類 (季對季) Sales Revenue by Business (QoQ) 單位：新台幣百萬元 Unit: NT$ million 2Q16 3Q16 Change 電源及零組件 (Power Electronics) 27,003 30,980 15% 能源管理 (Energy Management) 15,485 14,886 -4% 智能綠生活 (Smart Green Life) 9,399 10,397 11% 6 Delta Confidential

  7. Slide 7: Sales Revenue by Business (YoY)

    業務分類 (年對年) Sales Revenue by Business (YoY) 3Q15 3Q16 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 54% 54% 能源管理 能源管理 其他 智能綠生活 (Energy 其他 智能綠生活 (Energy (Others) (Smart Mgmt) (Others) (Smart Mgmt) 2% Green Life) 26% 1% Green Life) 26% 19% 18% 7 Delta Confidential

  8. Slide 8: Sales Revenue by Business (YoY)

    業務分類 (年對年) Sales Revenue by Business (YoY) 單位：新台幣百萬元 Unit: NT$ million 3Q15 3Q16 Change 電源及零組件 (Power Electronics) 30,331 30,980 2% 能源管理 (Energy Management) 14,700 14,886 1% 智能綠生活 (Smart Green Life) 10,473 10,397 -1% 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 +11% YoY +4% 15.8 15.2 14.8 16.4 12.8 28.2% 28.1% 28.7% 27.4% 26.9% 3Q15 4Q15 1Q16 2Q16 3Q16 9 Delta Confidential

  10. Slide 10: R&D Expenses

    研發費用 R&D Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ -1% YoY -4% 4.0 4.1 3.8 3.8 3.6 7.1% 7.3% 7.5% 7.3% 6.7% 3Q15 4Q15 1Q16 2Q16 3Q16 10 Delta Confidential

  11. Slide 11: SG&A Expenses

    銷管費用 SG&A Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +7% YoY +9% 5.6 5.8 5.7 6.2 5.4 11.3% 10.9% 10.8% 10.1% 10.5% 3Q15 4Q15 1Q16 2Q16 3Q16 11 Delta Confidential

  12. Slide 12: Total Operating Expenses

    總營業費用 Total Operating Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +4% YoY +4% 9.6 9.9 9.0 9.6 9.9 18.8% 17.2% 17.8% 18.2% 17.5% 3Q15 4Q15 1Q16 2Q16 3Q16 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 +23% YoY +4% 6.1 6.4 5.3 5.2 3.9 11.0% 9.9% 11.2% 9.6% 8.1% 3Q15 4Q15 1Q16 2Q16 3Q16 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 3Q15 2Q16 3Q16 電源及零組件 (Power Electronics) 4,723 3,670 4,796 能源管理 (Energy Management) 1,536 1,884 1,630 智能綠生活 (Smart Green Life) 1,120 914 1,072 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 QoQ Unit: NT$ billion & % of sales +22% YoY -47% 1.5 1.4 1.2 0.6 0.8 2.6% 2.9% 2.2% 1.2% 1.4% 3Q15 4Q15 1Q16 2Q16 3Q16 15 Delta Confidential

  16. Slide 16: Non-Operating Profit Breakdown

    業外損益細項 Non-Operating Profit Breakdown 單位：新台幣百萬元 Unit: NT$ million NTD$M元 3Q15 2Q16 3Q16 處分投資 (Investment disposal) 14 22 61 採權益法之投資損益 (Investment income under equity method) 305 221 232 利息收益淨額 (Interest income) (6) 71 38 滙兌損益 (FX income) 451 72 (63) 其他 (Others) 706 252 508 合計 (Total) 1,470 638 776 1

  17. Slide 17: Profit before Income Tax

    稅前淨利 Profit before Income Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +22% YoY -6% 7.6 6.6 7.3 5.2 5.8 13.6% 12.5% 11.8% 11.0% 11.1% 3Q15 4Q15 1Q16 2Q16 3Q16 17 Delta Confidential

  18. Slide 18: EBITDA

    息稅折舊及攤銷前利潤 EBITDA 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +17% YoY -4% 10.0 8.9 9.5 7.6 8.2 17.8% 16.0% 15.9% 16.8% 15.5% 3Q15 4Q15 1Q16 2Q16 3Q16 18 Delta Confidential

  19. Slide 19: Income Tax & Non-Controlling Interest

    所得稅與非控制權益 Income Tax & Non-Controlling Interest 單位：新台幣百萬元 Unit: NT$ million 3Q15 2Q16 3Q16 稅前淨利 (Profit before income tax) 7,616 5,841 7,154 所得稅 (Income tax) (1,488) (1,475) (1,377) 非控制權益 (Non-controlling interest) (232) (73) (111) 稅後淨利 (Net profit after tax) 5,896 4,293 5,666 19 Delta Confidential

  20. Slide 20: Net Profit after Tax

    稅後淨利 Net Profit after Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales QoQ +32% YoY -4% 5.9 5.7 5.2 3.9 4.3 10.6% 9.3% 9.9% 8.2% 8.2% 3Q15 4Q15 1Q16 2Q16 3Q16 20 Delta Confidential

  21. Slide 21: EPS (unit: NT$)

    每股淨利(新台幣元) EPS (unit: NT$) 2.27 2.18 1.99 1.65 1.50 3Q15 4Q15 1Q16 2Q16 3Q16 *每股盈餘之設算基於在外流通股數25.98億股，2015年數字未經會計師核閱。 *EPS based on shares outstanding of 2,598 million. The figures of Y2015 have not been reviewed by CPA. 21 Delta Confidential

  22. Slide 22: 2016 Year-to-3Q Accumulated Results

    2016年前三季結算數字 2016 Year-to-3Q Accumulated Results 22 Delta Confidential

  23. Slide 23: Sales Revenue YT3Q15 YT3Q16

    合併營收 Sales Revenue 單位：新台幣十億元 Unit: NT$ billion +6% 147.8 157.3 YT3Q15 YT3Q16 23 Delta Confidential

  24. Slide 24: Sales Revenue by Business

    業務分類 Sales Revenue by Business YT3Q15 YT3Q16 電源及零組件 電源及零組件 (Power (Power Electronics) Electronics) 54% 53% 能源管理 能源管理 智能綠生活 智能綠生活 其他 (Energy 其他 (Energy (Smart (Smart (Others) Mgmt) (Others) Mgmt) Green Life) Green Life) 1% 26% 1% 28% 19% 18% 24 Delta Confidential

  25. Slide 25: Sales Revenue by Business

    業務分類 Sales Revenue by Business 單位：新台幣百萬元 Unit: NT$ million YT3Q15 YT3Q16 Change 電源及零組件 (Power Electronics) 80,603 82,695 3% 能源管理 (Energy Management) 38,158 43,676 15% 智能綠生活 (Smart Green Life) 28,097 28,638 2% 25 Delta Confidential

  26. Slide 26: 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 +10% 40.1 44.0 27.9% 27.2% YT3Q15 YT3Q16 26 Delta Confidential

  27. Slide 27: R&D Expenses

    研發費用 R&D Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +8% 10.4 11.2 7.0% 7.1% YT3Q15 YT3Q16 27 Delta Confidential

  28. Slide 28: SG&A Expenses

    銷管費用 SG&A Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +19% 17.3 14.6 11.0% 9.9% YT3Q15 YT3Q16 28 Delta Confidential

  29. Slide 29: Total Operating Expenses

    總營業費用 Total Operating Expenses 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales +14% 28.5 25.0 16.9% 18.1% YT3Q15 YT3Q16 29 Delta Confidential

  30. Slide 30: 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 15.2 +2% 15.5 10.3% 9.8% YT3Q15 YT3Q16 30 Delta Confidential

  31. Slide 31: 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 YT3Q15 YT3Q16 電源及零組件 (Power Electronics) 11,564 11,744 能源管理 (Energy Management) 4,769 4,901 智能綠生活 (Smart Green Life) 2,635 2,494 31 Delta Confidential

  32. Slide 32: 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 -9% 3.0 2.8 2.1% 1.8% YT3Q15 YT3Q16 32 Delta Confidential

  33. Slide 33: Non-Operating Profit Breakdown

    業外損益細項 Non-Operating Profit Breakdown 單位：新台幣百萬元 Unit: NT$ million NTD$M元 YT3Q15 YT3Q16 處分投資 (Investment disposal) (227) 175 採權益法之投資損益 (Investment income under equity method) 908 669 利息收益淨額 (Interest income) 145 171 滙兌損益 (FX income) 612 46 其他 (Others) 1,609 1,719 合計 (Total) 3,047 2,780 33 Delta Confi

  34. Slide 34: Profit before Income Tax

    稅前淨利 Profit before Income Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 18.2 +0% 18.2 12.3% 11.6% YT3Q15 YT3Q16 34 Delta Confidential

  35. Slide 35: EBITDA

    息稅折舊及攤銷前利潤 EBITDA 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 24.7 +2% 25.3 16.7% 16.1% YT3Q15 YT3Q16 35 Delta Confidential

  36. Slide 36: Income Tax & Non-Controlling Interest

    所得稅與非控制權益 Income Tax & Non-Controlling Interest 單位：新台幣百萬元 Unit: NT$ million YT3Q15 YT3Q16 稅前淨利(Profit before Income Tax) 18,205 18,231 所得稅(Income Tax) (3,606) (4,041) 非控制權益(Non-controlling interest) (1,043) (344) 稅後淨利(Net profit after tax) 13,556 13,846 36 Delta Confidential

  37. Slide 37: Net Profit after Tax

    稅後淨利 Net Profit after Tax 單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales 13.6 +2% 13.9 9.2% 8.8% YT3Q15 YT3Q16 37 Delta Confidential

  38. Slide 38: EPS (unit: NT$)

    每股淨利(新台幣元) EPS (unit: NT$) 5.22 5.33 YT3Q15 YT3Q16 *每股盈餘之設算基於在外流通股數25.98億股，2015年數字未經會計師核閱。 *EPS based on shares outstanding of 2,598 million. The figures of Y2015 have not been reviewed by CPA. 38 Delta Confidential

  39. Slide 39: Smarter. Greener. Together.

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

Delta Electronics — Q3 2016 Earnings Presentation on 6ix