inventeccorporation and subsidiaries 2016 second ... · total comprehensive income 600 0.6% 1,024...
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Inventec Corporation and SubsidiariesInventec Corporation and Subsidiaries
2016 Second Quarter Investor Conference
自主創新自主創新Rapid InnovationRapid Innovation
綠能環保綠能環保Sustainable Sustainable EnergyEnergy
雲端應用雲端應用Cloud Cloud SolutionsSolutions
移動生活移動生活Mobile Mobile LifestyleLifestyle
新興市場新興市場Emerging Emerging MarketsMarkets
Consolidated Statements of Comprehensive IncomeConsolidated Statements of Comprehensive Income
NT$ Million %
Sales Revenue 203,695 100.0% 179,996 100.0% 13%
Gross Profit 11,646 5.7% 10,325 5.7% 13%
Operating Expense 7,696 3.8% 7,600 4.2% 1%
Operating Profit
2016 H1
2015 H1
Operating Profit 3,950 1.9% 2,725 1.5% 45%
Profit Before Income Tax 3,713 1.8% 3,157 1.8% 18%
Profit for the Period 2,669 1.3% 2,215 1.2% 20%
Total Comprehensive Income 1,624 0.8% 1,691 0.9% -4%
Profit Attributable to Owners of the Parent 2,646 1.3% 2,623 1.4%
Non-Controlling Interest 23 0.0% (408) -0.2%
Total Comprehensive Income
2
Total Comprehensive Income Attributable to Owners of the Parent 1,606 0.8% 2,099 1.1%
Non-Controlling Interest 18 0.0% (408) -0.2%
EPS (NT$) 0.74 0.73
Consolidated Statements of Comprehensive IncomeConsolidated Statements of Comprehensive Income
NT$ Million % %
Sales Revenue 108,331 100.0% 95,364 100.0% 14% 90,692 100.0% 19%
Gross Profit 6,001 5.5% 5,645 5.9% 6% 5,058 5.6% 19%
Operating Expense 3,916 3.6% 3,780 4.0% 4% 3,940 4.3% -1%
2016Q2
2016Q1
2015Q2
Operating Profit 2,085 1.9% 1,865 2.0% 12% 1,118 1.2% 86%
Profit Before Income Tax 1,829 1.7% 1,884 2.0% -3% 1,387 1.5% 32%
Profit for the Period 1,304 1.2% 1,365 1.4% -4% 931 1.0% 40%
Total Comprehensive Income 600 0.6% 1,024 1.1% -41% 620 0.7% -3%
Profit Attributable to Owners of the Parent 1,414 1.3% 1,231 1.3% 1,171 1.3%
Non-Controlling Interest (110) -0.1% 134 0.1% (240) -0.3%
3
Total Comprehensive Income Attributable to Owners of the Parent 715 0.7% 891 1.0% 860 1.0%
Non-Controlling Interest (115) -0.1% 133 0.1% (240) -0.3%
EPS (NT$) 0.40 0.34 0.32
Consolidated Sales RevenueConsolidated Sales Revenue
90%
100%
10.9% 10.9% 11.8% 13.5% 12.4% 11.8%
2.8% 3.0% 3.3% 3.8% 4.5% 3.4%
Solar Related Handheld Device PC, Server
20%
30%
40%
50%
60%
70%
80%
90%
86.3% 86.1% 84.9% 82.7% 83.1% 84.8%
10.9% 10.9% 11.8% 13.5% 12.4% 11.8%
4
0%
10%
20%
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
Financial Trend AnalysisFinancial Trend Analysis
Sales Revenue
Unit: NT$ one hundred million
35
Operating Profit
Unit: NT$ one hundred million
0
200
400
600
800
1,000
1,200
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
893.0 906.9
1,054.2 1,100.5
953.6
1,083.3
0
5
10
15
20
25
30
35
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
16.1
11.2 13.5 13.3
18.6 20.9
5
Financial Trend AnalysisFinancial Trend Analysis
7.0
Gross Profit Margin%
3.5
Operating Profit Margin%
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
5.9 5.6
5.3 5.2
5.9 5.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
1.8
1.2 1.3 1.2
2.0 1.9
6
15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2
Non-Operating Income and ExpenseNon-Operating Income and Expense
2016Q2
2015Q2
2016H1
2015H1
Other Income 228 537 558 1,135
NT$ Million
Other Gain (Loss) 304 124 365 285
Foreign Exchange Gain(Loss) (646) (87) (958) (572)
Finance Cost (131) (287) (195) (386)
Share of the Profi t or Loss of
7
Share of the Profi t or Loss ofAssociates and JV Accountedfor Using the Equi ty Method
(11) (19) (7) (30)
(256) 268 (237) 432Total Non-OperatingIncome and Expense
Consolidated Balance SheetsConsolidated Balance Sheets
NT$ Million 2016/6/30 2015/12/31 2015/6/30
Cash 27,576 37,124 34,598
Accounts Receivable 59,343 60,364 52,828 Accounts Receivable 59,343 60,364 52,828
Inventories 34,338 28,960 29,809
Other Current Assets 4,682 7,130 11,236
Non-Current Assets 46,040 42,169 44,173
Total Assets 171,979 175,747 172,644
Current Liabilities 105,112 98,772 107,387
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105,112 98,772 107,387
Non-Current Liabilit ies 7,392 14,076 5,417
Total Liabilit ies 112,504 112,848 112,804
Total Equity 59,475 62,899 59,840
Financial Ratio AnalysisFinancial Ratio Analysis
% 2016/6/30 2015/12/31 2015/6/30
Current Ratio 119.8% 135.2% 119.6%
Quick Ratio 86.7% 104.4% 90.7%
Debt Ratio 65.4% 64.2% 65.3%
9
THANK YOU!
Questions and Answers
11