Acer Incorporated · TWSE:2353
Acer — Q3 2012 Earnings Presentation
13 slides from Acer's earnings presentation, Oct 25, 2012
Slide 1: Acer 3Q12 Investor Conference
Acer 3Q12 Investor Conference Oct 25th 2012 ACER CONFIDENTIAL
Slide 2: Legal Disclaimer
Legal Disclaimer The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Acer or other parties. Acer’s statements that are not historical facts are forward-looking statements that indicate
Slide 3: Unaudited Consolidated Income Statement (QoQ Comparison)
Unaudited Consolidated Income Statement (QoQ Comparison) (R.O.C. GAAP-comparison base) QoQ (NT$ mn) 3Q12 2Q12 Change Revenue 104,408 100.0% 110,545 100.0% -6% Gross Profit 10,751 10.3% 11,230 10.2% -4% Operating Expenses 10,406 10.0% 10,797 9.8% -4% Operating Income 345 0.3% 433 0.4% -20% PBT 223 0.
Slide 4: Unaudited Consolidated Income Statement (YoY Comparison)
Unaudited Consolidated Income Statement (YoY Comparison) (R.O.C. GAAP-comparison base) YoY (NT$ mn) 3Q12 3Q11 Change Revenue 104,408 100.0% 117,891 100.0% -11% Gross Profit 10,751 10.3% 10,562 9.0% 2% Operating Expenses 10,406 10.0% 11,883 10.1% -12% Operating Income 345 0.3% (1,320) -1.1% N.A. PBT
Slide 5: Consolidated Revenue and GM Trend
Consolidated Revenue and GM Trend 180,000 12.0% (NT$ mn) 160,000 10.0% 140,000 120,000 8.0% 100,000 6.0% 80,000 60,000 4.0% 40,000 2.0% 20,000 0 0.0% 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 Revenue (LHS) 119,086 119,083 167,617 168,197 162,130 150,262 167,552 149,1
Slide 6: Consolidated Operating Income
Consolidated Operating Income 6,000 4.0% (NT$ mn) 4,000 2.0% 2,000 0.0% 0 -2.0% -2,000 -4.0% -4,000 -6.0% -6,000 -8,000 -8.0% 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 Op. Incom e (LHS) 2,571 3,043 4,754 4,972 4,385 4,138 5,291 4,389 1,929 -7,087 -1,320 82 138 433 34
Slide 7: Unaudited Consolidated Balance Sheet (QoQ Comparison)
Unaudited Consolidated Balance Sheet (QoQ Comparison) (R.O.C. GAAP-comparison base) (NT$ mn) 3Q12 2Q12 Current Assets Cash and cash equivalence 33,554 14.4% 44,928 17.5% Notes & Account receivable 81,551 35.0% 88,405 34.5% Financial Assets-Current 180 0.1% 1,555 0.6% Inventory 48,047 20.6% 49,424 19
Slide 8: Unaudited Consolidated Balance Sheet (YoY Comparison)
Unaudited Consolidated Balance Sheet (YoY Comparison) (R.O.C. GAAP-comparison base) (NT$ mn) 3Q12 3Q11 Current Assets Cash and cash equivalence 33,554 14.4% 37,797 15.8% Notes & Account receivable 81,551 35.0% 87,205 36.6% Financial Assets-Current 180 0.1% 2,165 0.9% Inventory 48,047 20.6% 40,105 16
Slide 9: IT Product Revenue Breakdown by Geography
IT Product Revenue Breakdown by Geography Q3, 2012 Q3, 2011 US$3,389M US$3,943M (NT$101,133 M) (NT$115,229 M) 8 ACER CONFIDENTIAL
Slide 10: IT Product Revenue Breakdown
IT Product Revenue Breakdown Q3, 2012 Q3, 2011 US$3,389M US$3,943M (NT$101,133 M) (NT$115,229 M) 9 ACER CONFIDENTIAL
Slide 11: Consumer Channel 3Q12 Updates
Consumer Channel 3Q12 Updates Windows 7 inventories Windows 8 shipments • Windows 7 product sell- • Pricing environment for out shown downward Windows 8 products was trend in 3Q12 Acer aims to lower unclear channel inventory as • Therefore the channel the primary strategic • Therefore the channels i
Slide 12: Acer: Strategy
Acer: Strategy • Acer focuses on creating value for end users to co-exist and share prosperity with industry partners. • Acer Cloud services assist users to manage personal data across platforms and devices to enhance Acer’s customer loyalty. ACER CONFIDENTIAL
Slide 13: Thank you
acer explore beyond limits™ Thank you