Lite-On Technology Corp. · TWSE:2301

Lite-On Technology — Q2 2003 Earnings Presentation

18 slides from Lite-On Technology's earnings presentation, Aug 27, 2003

  1. Slide 1: Lite-On Technology Corp. Q2 2003 Investor Conference

    Lite-On Technology Corp. Q2 2003 Investor Conference August 27, 2003

  2. Slide 2: Safe Harbor Notice

    Safe Harbor Notice Lite-On’s statement of its current expectations are forward- looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in any forward-looking statement.

  3. Slide 3: 1. Review of Financial Results

    1. Review of Financial Results

  4. Slide 4: 2Q 2003 Income Statement Actual vs. Forecast

    2Q 2003 Income Statement Actual vs. Forecast (Lite-On Tech Pro Forma, unaudited) (in NT$ million) 2Q 2003 (F) 2Q 2003 (A) Change Amount % Amount % Amount % Net Sales 22,204 100.0 22,176 100.0 (28) (0.1) COGS 19,480 87.7 19,432 87.6 (48) (0.2) Gross Profit 2,724 12.3 2,744 12.4 20 0.7 Operating Expen

  5. Slide 5: 2Q 2003 Results Highlight (QoQ)

    2Q 2003 Results Highlight (Lite-On Tech Pro Forma ) (in NT$ million) 1Q’03 2Q’03 QoQ Amount % Amount % % Net Sales 22,064 100.0 22,176 100.0 0.5 COGS 19,392 87.9 19,432 87.6 0.2 Gross Profit 2,672 12.1 2,744 12.4 2.7 Operating Expense 1,910 8.7 1,967 8.9 3.0 Operating Income 762 3.5 777 3.5 2.0 OI /

  6. Slide 6: 2Q 2003 Results Highlight (YoY)

    2Q 2003 Results Highlight (Lite-On Tech Pro Forma ) (in NT$ million) 2Q’02 2Q’03 YoY Amount % Amount % % Net Sales 21,842 100.0 22,176 100.0 1.5 COGS 18,614 85.2 19,432 87.6 4.4 Gross Profit 3,228 14.8 2,744 12.4 (15.0) Operating Expense 2,078 9.5 1,967 8.9 (5.3) Operating Income 1,150 5.3 777 3.5 (

  7. Slide 7: 1H 2003 Results Highlight

    1H 2003 Results Highlight (Lite-On Tech Pro Forma ) (in NT$ million) 1H’02 1H’03 YoY Amount % Amount % % Net Sales 42,795 100.0 44,240 100.0 3.4 COGS 36,348 84.9 38,824 87.8 6.8 Gross Profit 6,447 15.1 5,416 12.2 (16.0) Operating Expense 3,900 9.1 3,877 8.8 (0.6) Operating Income 2,547 6.0 1,539 3.5

  8. Slide 8: Sales Breakdown by Business Group

    Sales Breakdown by Business Group 1Q 2003 2Q 2003 Total NT$22,064m Total NT$22,176m 12% 14% 9% 7% 62% 62% 17% 17% 1H 2003 Total NT$44,240m 13% 8% P&C 62% Image 17% Communication NBD

  9. Slide 9: 1H2003 Revenues Including Silitech & LOIT

    1H2003 Revenues Including Silitech & LOIT (in NT$ million) 80,000 18,434 64,335 60,000 1,661 44,240 40,000 20,000 0 Lite-On Tech Silitech LOIT Lite-On Tech Including Silitech & LOIT

  10. Slide 10: Financial Highlights for 1H03

    Financial Highlights for 1H03 Growth Profitability Revenue = NT$44.2B PBT = NT$3.6B YoY Growth = 3.4% PBT Margin = 8.1% OPTO YoY = 12% ROA = 8.6% (Annual) Peripherals & Image SPS YoY= YoY= 15% ROE = 15.4% (Annual) Components LCD Monitor YoY = 43% New Business Communications Development Liquidity Cas

  11. Slide 11: 2. Review of Strategic Business Groups

    2. Review of Strategic Business Groups

  12. Slide 12: SBGs Review

    SBGs Review z P&C SBG z P&C SBG achieved NT$13.91 billion revenues in 2Q03, a 2% increase QoQ z Owing to panel shortage, LCD Monitor shipment were lower than our expectation by 10% in 2Q03 but still grew 43% YoY. Besides, NB Adapter and Printer Adapter were able to gain market share z Continue to be

  13. Slide 13: SBGs Review

    SBGs Review z Communication SBG z NT$1.49 billion revenues in 2Q03, representing a 24% decrease QoQ z 923K units shipped in 2Q03, 20% lower than expected z China inventory surplus will continue to impact private label market in 2Q03 z Delayed shipment on new product z T200 had phased out much quicke

  14. Slide 14: 3. 3Q03 Outlook of SBGs

    3. 3Q03 Outlook of SBGs

  15. Slide 15: 3Q03 Outlook

    3Q03 Outlook z Global IT environment: IDC rates the overall 3Q03 PC market as lukewarm or warming . In our view, the market outlook is getting better QoQ. z 3Q03 revenue expected to grow 20% QoQ, mainly driven by z 40%QoQ shipment growth in LCD monitor z 10% QoQ shipment growth in handset z 40% QoQ

  16. Slide 16: 3Q03 Outlook

    3Q03 Outlook z Display: Ramp up shipment of 17” and 19” WXGA LCD monitor and will be major global supplier in 19” LCD monitor. LCD TV (MFM 17”) has sampled out in July, progressively target U.S. and Japanese customers. z Power: Gaining more market share in NB and Printer adaptor and gradually expand

  17. Slide 17: 4. Q & A

    4. Q & A http://www.liteon.com

  18. Slide 18: Enlightening the Digital World with Quality and Human Touch!

    Enlightening the Digital World with Quality and Human Touch!

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