Slide 1: Delta Electronics, Inc. 4Q 2024 Results
Delta Electronics, Inc. 4Q 2024 Results 台達電子2024年第四季財報法人說明會 27 February 2025
Slide 2: IFRS basis and audit note
The financial numbers hereby are based on International Financial Reporting Standards (IFRS) 本簡報財務數字係根據國際財務報導準則編製 Cumulative consolidated numbers have been audited by CPA 合併數字經會計師查核
Slide 3: 4Q 2024 Financial Results
4Q 2024 Financial Results 2024年第四季結算數字 3 Delta Confidential
Slide 4: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Y/Y Q/Q Sales 年對年 季對季 營收 4Q23 1Q24 2Q24 3Q24 4Q24 Sales 100.0 91.3 103.4 112.2 114.2 Sales +14% +2% 營收 GP 毛利 4Q23 1Q24 2Q24 3Q24 4Q24 GP +16% -10% GP 30.4 26.9 35.3 39.2 35.2 毛利 GPM 30.4% 29.5% 34.1% 34.9% 30.8% 4 Delta Confidential
Slide 5: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 NT$ billion 40.0 新台幣十億元 35.0 10.8 Y/Y Q/Q 30.0 10.6 11.2 年對年 季對季 25.0 10.0 R&D 9.0 11.9 20.0 11.6 13.3 R&D SG&A 15.0 10.1 +12% +3% 10.5 研發費用 OP 10.0 13.1 16.5 5.0 10.3 7.4 10.7 0.0 SG&A +31% +11% (% of sales) 4Q23 1Q24 2Q24 3Q24 4Q24 銷管費用 R&D 9.9% 9.8% 10.2% 9.6%
Slide 6: Performance by Segment
Performance by Segment 主要部門表現 Sales% NT$ million 營收佔比 新台幣百萬元 Sales Y/Y Q/Q Profits Y/Y Q/Q Power Electronics 59,583 +17% -4% 8,952 +2% -36% 51% 56% 52% 電源及零組件 11% 9% 10% Mobility 10,479 -4% -11% -515 -498% -289% 13% 12% 12% 交通 25% 22% 27% Automation 13,573 +7% +2% -89 +61% -126% 4Q23 3Q24 4Q24 自動化 P
Slide 7: Non-operating Profits
Non-operating Profits 業外損益 NT$ million 新台幣百萬元 4Q23 3Q24 4Q24 NT$ billion 新台幣十億元 Gains or losses from investment* 1,387 54 179 投資損益* Non-OP 業外損益 Interest income 370 521 438 利息收益 4Q23 1Q24 2Q24 3Q24 4Q24 non-op 2.6 1.4 1.9 1.3 (0.9) FX income and valuation of FX forward 97 (158) (176) % of sales 2.6%
Slide 8: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax 稅前淨利 Y/Y Q/Q 4Q23 1Q24 2Q24 3Q24 4Q24 年對年 季對季 PBT 12.9 8.8 15.0 17.7 9.8 % of sales 13.0% 9.6% 14.5% 15.8% 8.6% Profits before tax -24% -44% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 4Q23 1Q24 2Q24 3Q24 4Q24 EBITDA 息稅折舊及 -11% -30% EBI
Slide 9: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million 新台幣百萬元 4Q23 3Q24 4Q24 Net profits Profit before after tax income tax 12,964 17,675 9,840 稅後淨利 稅前淨利 4Q23 1Q24 2Q24 3Q24 4Q24 稅後淨利 9.0 5.8 9.9 12.3 7.2 Income tax (2,608) (3,528) (2,517) 所得稅 稅後淨利率 9.0% 6.3% 9.6% 11.0% 6.3% Non-controlling inter
Slide 10: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 4.75 3.46 3.83 2.22 2.76 4Q23 1Q24 2Q24 3Q24 4Q24 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 10 Delta Confidential
Slide 11: 2024 Full-year Financial Results
2024 Full-year Financial Results 2024年全年結算數字 11 Delta Confidential
Slide 12: Sales Revenues & Gross Profits
Sales Revenues & Gross Profits 合併營收及毛利 NT$ billion 新台幣十億元 Sales 營收 Y/Y 年對年 2023 2024 Sales 401.2 421.1 Sales +5% 營收 GP GP 毛利 毛利 +17% 2023 2024 GP 117.2 136.6 GPM 29.2% 32.4% 12 Delta Confidential
Slide 13: Operating Profits & Expenses
Operating Profits & Expenses 營業淨利及費用 150.0 140.0 NT$ billion 新台幣十億元120.0 130.0 Y/Y 110.0 41.6 年對年 100.0 90.0 36.1 R&D 80.0 70.0 47.3 R&D +15% SG&A 60.0 40.2 研發費用 50.0 OP 40.0 30.0 20.0 40.9 47.7 10.0 SG&A +18% (% of sales) 2023 2024 銷管費用 R&D 9.0% 9.9% OPEX +17% SG&A 10.0% 11.2% 總營業費用 OPEX 19.0% 21.1
Slide 14: Performance by Segment
Performance by Segment 主要部門表現 NT$ million Sales Y/Y Profits Y/Y Sales% 營收佔比 新台幣百萬元 Power Electronics 223,992 +10% 41,498 +20% 電源及零組件 51% 53% Mobility 44,055 -1% 203 -80% 11% 11% 交通 14% 12% 24% 24% Automation 52,403 -3% 894 -39% 2023 2024 自動化 Power Electronics Mobility Infrastructure 100,211 +2% 5,05
Slide 15: Non-operating Profits
Non-operating Profits 業外損益 NT$ billion NT$ million 新台幣百萬元 2023 2024 新台幣十億元 Gains or losses from investment* 2,528 367 Non-OP 投資損益* 業外損益 Interest income 899 1,859 2023 2024 利息收益 non-op 7.7 3.7 % of sales 1.9% 0.9% FX income and valuation of FX forward 1,068 291 滙兌損益及遠匯評價損益等 *包含透過損益按公允價值衡量之有價證券已實現及未實現
Slide 16: Profits before Tax v.s EBITDA
Profits before Tax v.s EBITDA 稅前淨利及息稅折舊及攤銷前利潤 NT$ billion 新台幣十億元 Profits before tax Y/Y 稅前淨利 年對年 2023 2024 PBT 48.6 51.3 % of sales 12.1% 12.2% Profits before tax +5% 稅前淨利 EBITDA 息稅折舊及 攤銷前利潤 EBITDA 2023 2024 息稅折舊及 +9% 攤銷前利潤 EBITDA 71.4 77.9 % of sales 17.8% 18.5% 16 Delta Confidential
Slide 17: Net Profits after Tax
Net Profits after Tax 稅後淨利 NT$ billion 新台幣十億元 NT$ million 2023 2024 新台幣百萬元 Net profits Profit before income tax 48,642 51,316 after tax 稅前淨利 稅後淨利 2023 2024 Income tax (9,762) (10,924) Net profits 所得稅 33.4 35.2 after tax % of sales 8.3% 8.4% Non-controlling interest (5,487) (5,163) 非控制權益 Y/Y 年對年 Net
Slide 18: EPS
EPS 每股淨利 Unit: NT$ 新台幣元 +5% 12.86 13.56 2023 2024 *EPS based on shares outstanding of 2,598 million. 每股盈餘之設算基於在外流通股數25.98億股。 18 Delta Confidential
Slide 19: Proposed Cash Dividend
Proposed Cash Dividend 董事會建議現金股利 Cash dividend per share: NT$7 現金股利每股新台幣 7 元 19 Delta Confidential
Slide 20: Business Categories
Business Categories Power Electronics Mobility Automation Infrastructure • Components • EV Powertrain Systems • Industrial Automation • ICT Infrastructure • Power and System • Building Automation • Energy Infrastructure • Fans & Thermal Management • Display 20 Delta Confidential
Slide 21: Smarter. Greener. Together.
Smarter. Greener. Together.