Lite-On Technology Corp. · TWSE:2301
Lite-On Technology — Q3 2020 Earnings Presentation
11 slides from Lite-On Technology's earnings presentation, Oct 30, 2020
Slide 1: 3Q20 Earnings Conference
3Q20 Earnings Conference 2006 IR Strategy LITEON Technology Investor Relations March 21, 2006 October 30th, 2020
Slide 2: Safe Harbor Notice
Safe Harbor Notice ● LITEON Technology’s statement of its current expectations are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward-looking statements. ● The numbers of the presentation are p
Slide 3: LITEON continuous efforts in ESG to achieve sustainability
Recognized by LITEON continuous efforts in indicative organizations ESG to achieve sustainability ◆ Corporate Sustainability Committee reporting to BOD ◆ Thorough information security and privacy management ◆ On ‘A list’ in 2019 CDP ◆ Ranked Top 5% in TWSE 2020 ◆ Environmental targets approved by Co
Slide 4: 3Q20 Results
3Q20 Results In NT Millions 3Q20 2Q20 QoQ 3Q19 YoY Amount % Amount % % Amount % % Net Sales 41,326 100.0 41,796 100.0 -1 48,158 100.0 -14 COGS 33,482 81.0 33,682 80.6 -1 40,368 83.8 -17 Gross Profit 7,844 19.0 8,114 19.4 -3 7,790 16.2 1 Operating Expense 3,856 9.3 4,467 10.7 -14 4,543 9.4 -15 Operat
Slide 5: 9M20 Results
9M20 Results In NT Millions 9M20 9M19 YoY Amount % Amount % % Net Sales 115,698 100.0 133,799 100.0 -14 COGS 95,023 82.1 113,603 84.9 -16 Gross Profit 20,674 17.9 20,196 15.1 2 Operating Expense 12,288 10.6 13,422 10.0 -8 Operating Profit 8,386 7.2 6,775 5.1 24 Other Income/ Expense 1,720 1.5 2,412
Slide 6: Other Incomes/ Other Expenses
Other Incomes/ Other Expenses In NT$ Millions 3Q20 9M20 Net Interest 269 846 FX 268 899 Others -612 * -25 Total OIOE -75 1,720 * In accordance with IAS 36 and periodic asset impairment tests, LITEON has recognized the goodwill impairment of ~NT$700 mn at ODD (optical disc drives) business after eval
Slide 7: Revenue Contribution by Segment
Revenue Contribution by Segment 3Q20 2Q20 Others Others 3% 4% Opto- Opto- electronics electronics 18% 20% Information & Information & Communication Communication Technologies Technologies * 76% 79% LED Components & Lighting Products, Camera Modules and Opto-electronics Automotive Electronics Informa
Slide 8: Revenue by Segment
Revenue by Segment In NT Millions Revenue By Segment 3Q20 2Q20 QoQ Opto-electronics 8,272 7,278 14% Information & Communication 31,487 33,128 * -5% Technologies Others 1,566 1,391 13% * Note: SSD has been transferred since 3Q20, before then, it was inclusive of ICT revenue. P. 7
Slide 9: Operating Profit by Segment
Operating Profit by Segment In NT Millions OP by Segment 3Q20 2Q20 QoQ Opto-electronics 1,161 994 17% Information & Communication 3,204 3,308 * -3% Technologies Others 31 (382) - * Note: SSD has been transferred since 3Q20, before then, it was inclusive of ICT operating profit. P. 8 P. 8
Slide 10: Balance Sheet
Balance Sheet In NT millions 3Q20 2Q20 2Q19 Amount % Amount % Amount % Cash & Equivalent 68,629 39% 66,381 37% 64,489 34% Accounts Receivable 36,029 20% 34,448 19% 44,590 23% Inventories 24,447 14% 23,360 13% 25,013 13% Current Assets 140,747 80% 139,831 78% 149,814 78% Total Assets 176,675 100% 178
Slide 11: Thank You!
Thank You! 10 LITE@