Slide 1: MediaTek 2012-Q1 Investor Conference
聯發科技 2012 年第一季法人說明會 MediaTek 2012-Q1 Investor Conference April 27, 2012 Copyright © MediaTek Inc. All rights reserved.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, including the impact of competitive products and prici
Slide 3: Revenue Comparison
Revenue Comparison QoQ YoY -13.3% (NT$ million) -1.3% 40,000 22,633 19,867 19,615 20,000 0 1Q11 4Q11 1Q12 Copyright © MediaTek Inc. All rights reserved. 2012/4/26 2
Slide 4: Gross Margin Comparison
Gross Margin Comparison QoQ YoY -2.1 pt -4.1 pt 47% 46.2% 45% 44.2% 43% 42.1% 41% 39% 37% 35% 1Q11 4Q11 1Q12 Copyright © MediaTek Inc. All rights reserved. 2012/4/26 3
Slide 5: Operating Expense Comparison
Operating Expense Comparison (NT$ million) YoY QoQ 3.2% -17.3% 10,000 7,626 6,115 985 6,308 814 587 503 Selling 5,000 697 740 expenses Administration expenses 5,827 R&D expenses 4,915 4,981 0 1Q11 4Q11 1Q12 Copyright © MediaTek Inc. All rights reserved. 2012/4/26 4
Slide 6: Operating Income Comparison
Operating Income Comparison QoQ YoY -17.8% -36.5% (NT$ million) Copyright © MediaTek Inc. All rights reserved. 2012/4/26 5
Slide 7: Operating Margin Comparison
Operating Margin Comparison QoQ YoY -0.6pt -5.5pt 20% 15.4% 15% 10.5% 9.9% 10% 5% 0% 1Q11 4Q11 1Q12 Copyright © MediaTek Inc. All rights reserved. 2012/4/26 6
Slide 8: Net Income Comparison
Net Income Comparison YoY -24.5% (NT$ million) QoQ -14.3% Copyright © MediaTek Inc. All rights reserved. 2012/4/26 7
Slide 9: EPS Comparison
EPS Comparison (NT$) YoY -0.71 QoQ -0.37 Copyright © MediaTek Inc. All rights reserved. 2012/4/26 8
Slide 10: Inventory Turnover Days
Inventory Turnover Days (Days) Copyright © MediaTek Inc. All rights reserved. 2012/4/26 9
Slide 11: Financial Statements
Financial Statements Copyright © MediaTek Inc. All rights reserved.
Slide 12: Q1 FY12 Consolidated Income Statement
Q1 FY12 Consolidated Income Statement (In NT$ millions, except per share amounts) 1Q12 4Q11 1Q11 Q-Q Y-Y Net revenue 19,615 22,633 19,867 (13.3 %) (1.3 %) Cost of goods sold (11,360) (12,639) (10,687) Gross profit 8,255 9,994 9,180 (17.4 %) (10.1 %) Selling expenses (587) (985) (503) Administration
Slide 13: Q1 FY12 Supplemental Information: Percentage of Revenue
Q1 FY12 Supplemental Information: Percentage of Revenue 1Q12 4Q11 1Q11 Gross profit 42.1% 44.2% 46.2% R&D expenses (25.4 %) (25.7 %) (24.7 %) Selling expenses (3.0 %) (4.4 %) (2.5 %) Administration expenses (3.8 %) (3.6 %) (3.5 %) Operating profit 9.9% 10.5% 15.4% Non-operating income 3.3% 3.3% 1.2%
Slide 14: Balance Sheet Summary
Balance Sheet Summary (In NT$ millions) 1Q12 4Q11 1Q11 Cash & financial assets-current 90,786 91,032 93,444 Notes & Accounts receivable (net) 7,372 7,384 7,037 Inventory (net) 9,853 9,392 9,228 Long-term investments 9,946 9,417 7,797 Intangible assets 16,528 16,151 9,226 Total assets 150,133 147,741
Slide 15: Cash Flow Summary
Cash Flow Summary (In NT$ millions) 1Q12 4Q11 1Q11 Cash flow from operations 738 9,323 879 Cash flow from investing (2,439) 2,130 (732) Cash flow from financing 3,508 1,657 3 Effect of exchange rate changes (1,180) (254) 442 Net increase in cash & 626 12,856 593 equivalents Cash & equivalents at qua
Slide 16: www.mediatek.com
www.mediatek.com Copyright © MediaTek Inc. All rights reserved.