Slide 1: FocalTech Investor Conference
FocalTech 敦泰電子(Ticker 3545TT) Investor Conference法人說明會 2017/11/08
Slide 2: Consolidated Revenue
Consolidated Revenue YoY QoQ NT$ million 7% 26% 3,265 3,056 3,000 2,597 2,000 1,000 - 16' 3Q 17' 2Q 17' 3Q CONFIDENTIAL @2017 Focaltech Systems Co., Ltd. All rights reserved 2
Slide 3: Consolidated Gross Margin
Consolidated Gross Margin YoY QoQ 10bps 10bps 20.7% 20.6% 20.6% 20.5% 20.5% 20.5% 20.4% 16' 3Q 17' 2Q 17' 3Q CONFIDENTIAL @2017 Focaltech Systems Co., Ltd. All rights reserved 3
Slide 4: Consolidated Net Income
Consolidated Net Income YoY QoQ 44% 330% NT$ million 160 140 134 120 100 93 80 60 40 31 20 0 16' 3Q 17' 2Q 17' 3Q CONFIDENTIAL @2017 Focaltech Systems Co., Ltd. All rights reserved 4
Slide 5: Consolidated EPS
Consolidated EPS YoY QoQ NT$ +0.17 +0.37 0.60 0.50 0.49 0.40 0.32 0.30 0.20 0.12 0.10 0.00 16' 3Q 17' 2Q 17' 3Q CONFIDENTIAL @2017 Focaltech Systems Co., Ltd. All rights reserved 5
Slide 6: 17'Q3 Income Statement
17’Q3 Income Statement /106年第3季損益表 Unit in NT$ Million /單位: 新台幣佰萬元 17' 3Q 17' 2Q QoQ 16' 3Q YoY Revenue/ 營業收入 3,265 2,597 26% 3,056 7% Gross Profit/ 營業毛利 673 532 26% 628 7% Gross Margin/ 營業毛利率 20.6% 20.5% ↑10 bps 20.5% ↑10 bps Operating Expense/ 營業費用 543 526 3% 525 4% Operating Income/ 營業淨利 129 7 18
Slide 7: 17'Q1~Q3 Income Statement
17’Q1~Q3 Income Statement /106年第3季度年損益表 Unit in NT$ Million /單位: 新台幣佰萬元 17' Q1~Q3 16' Q1~Q3 YoY Revenue/ 營業收入 8,023 8,325 -4% Gross Profit/ 營業毛利 1,703 1,640 4% Gross Margin/ 營業毛利率 21.2% 19.7% ↑150 bps Operating Expense/ 營業費用 1,551 1,544 0% Operating Income/ 營業淨利 152 96 59% Non Operating Income/ 營業外收
Slide 8: Balance Sheet
Balance Sheet /資產負債表 Unit in NT$ Million /單位: 新台幣佰萬元 2017.9.30 2017.6.30 QoQ Cash & Market Securities/ 現金及其他金融資產 4,806 3,999 20% Accounts Receivable/ 應收帳款 1,496 1,176 27% Inventory/ 存貨 3,345 3,472 -4% Other Current Assets/ 其他流動資產 221 196 13% Other Non Current Asset/ 其他非流動資產 5,438 5,442 0% Total Asse
Slide 9: 2017 Q3 Results Summary
2017 Q3 Results Summary/106年第3季總結 Revenue in Q3, a traditional high season, grew 26% sequentially to NT$ 3,265M. The result also reflected a YoY 7% increase comparing to the same period last year. 2017年第3季營收受惠於手機市場季節性成長而較上季增加26%達32億元。累積 今年前三季的中國手機市場狀況與去年同期類似，敦泰Q1~Q3的營收與去年度 相當。 The major contribu
Slide 10: Future Outlook (1)
Future Outlook / 未來展望(1) Historically, China mainland cellphone market in Q4 is typically slower than Q3. it is expected that 2017 will basically follow the same trend. However, the revenue reduction may be less than the market average because IDC weighting factor is rising within our product mix.
Slide 11: Future Outlook (2)
Future Outlook / 未來展望(2) The demand in IDC depends on the adoption rate of full in-cell modules by the cellphone makers. Among others, the module cost has been the determining factor affecting the adoption rate. The ultimate cost advantage of full in-cell module is well understood; both the touch
Slide 12: Future Outlook (3)
Future Outlook / 未來展望 (3) It appears the cost cross over for α-Si modules will happen first (just about now) and the LTPS modules will arrive around mid 2018. Once the cost issue is resolved, full in- cell panels will transition from niche (high performance/high cost) into a predominant solution f
Slide 13: Thank you !
Thank you ! Copyright © 2017 FocalTech Systems Co., Ltd. All Rights Reserved. The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a