- 1. 2012 Delta Electronics, Inc. 1Q 2012 Result Analyst Meeting
30 Apr 2012
2. Confidential 2 Consolidated financials are based on Statement
of Financial Accounting Standard No. 7 Consolidated numbers were
reviewed by CPA 3. Confidential 3 2012 2012 First Quarter Results
4. Confidential 4 Revenues Unit: NT$ billion QoQ -8% YoY 0% 49.0
43.7 44.6 43.6 40.1 1Q11 2Q11 3Q11 4Q11 1Q12 5. Confidential 5 ()
Revenues by Business (1) 1Q12 (Power Electronics) 62% (Smart Green
Life) 17% (Energy Mgmt) 19% (Others) 2% 4Q11 (Power Electronics)
62% (Smart Green Life) 18% (Energy Mgmt) 18% (Others) 2% 6.
Confidential 6 () Revenues by Business (1) Unit: NT$ million 4Q11
1Q12 Change (Power Electronics) 26,903 24,735 -8% (Energy
Management) 7,943 7,469 -6% (Smart Green Life) 8,069 6,934 -14%
(Others) 667 913 37% (Total) 43,583 40,051 -8% 7. Confidential 7 ()
Revenues by Business (2) (Power Electronics) 60% (Smart Green Life)
14% (Energy Mgmt) 25% (Others) 1% 1Q11 1Q12 (Power Electronics) 62%
(Smart Green Life) 17% (Energy Mgmt) 19% (Others) 2% 8.
Confidential 8 () Revenues by Business (2) Unit: NT$ million 1Q11
1Q12 Change (Power Electronics) 24,070 24,735 3% (Energy
Management) 10,132 7,469 -26% (Smart Green Life) 5,829 6,934 19%
(Others) 208 913 339% (Total) 40,239 40,051 0% 9. Confidential 9
Gross Profit Unit: NT$ billion & % of sales 8.02 8.31 8.57 7.87
8.21 20.5% 18.1% 19.2%19.0%19.9% 1Q11 2Q11 3Q11 4Q11 1Q12 10.
Confidential 10 R&D Expense Unit: NT$ billion & % of sales
2.60 2.432.26 2.59 2.71 5.6% 5.6% 5.8% 6.2% 6.5% 1Q11 2Q11 3Q11
4Q11 1Q12 11. Confidential 11 SG&A Expense Unit: NT$ billion
& % of sales 2.69 2.96 3.15 3.69 3.27 6.7% 6.8% 7.1% 8.5% 8.2%
1Q11 2Q11 3Q11 4Q11 1Q12 12. Confidential 12 Operating Expense
Unit: NT$ billion & % of sales 4.95 5.38 5.74 6.40 5.87 12.3%
12.3% 14.7% 14.7% 12.9% 1Q11 2Q11 3Q11 4Q11 1Q12 13. Confidential
13 Operating Profit Unit: NT$ billion & % of sales 3.08 2.93
2.83 1.48 2.33 7.6% 6.7% 6.4% 3.4% 5.8% 1Q11 2Q11 3Q11 4Q11 1Q12
14. Confidential 14 Operating Profit by Sector Unit: NT$ million
1Q11 4Q11 1Q12 (Power Electronics) 2,417 3,281 2,620 (Energy
Management) 1,004 (1,015) 21 (Smart Green Life) 190 199 311 (Total)
3,611 2,465 2,952 15. Confidential 15 Non-Operating Profit Unit:
NT$ billion & % of sales 0.92 1.251.11 2.38 1.00 5.9% 2.5%2.3%
2.3% 2.9% 1Q11 2Q11 3Q11 4Q11 1Q12 16. Confidential 16
Non-Operating Income Breakdown Unit: NT$ million 4Q11 1Q12
(Investment disposal) 60 1,687 (Investment income) 155 116
(Interest income) 142 110 (Cash Dividend) (149) 0 (F/X) * 369 90
(Others) 672 372 (Total) 1,248 2,375 * * Including FX-related
derivatives fair value change 17. Confidential 17 Net Income Before
Tax Unit: NT$ billion & % of sales 4.00 3.93 3.94 2.73 4.71
9.9% 9.0% 8.8% 6.3% 11.8% 1Q11 2Q11 3Q11 4Q11 1Q12 18. Confidential
18 Tax & Minority Interest Unit: NT$ million 4Q11 1Q12 (Net
income before tax) 2,725 4,709 (Tax) (519) (909) (Extraordinary)
206 0 (Minority interest) 52 (144) (Net income after tax) 2,464
3,656 19. Confidential 19 Net Income After Tax Unit: NT$ billion
& % of sales 3.11 2.56 2.85 2.46 3.66 7.7% 5.9% 6.4% 9.1% 5.7%
1Q11 2Q11 3Q11 4Q11 1Q12 20. Confidential 20 () EPS (unit: NT$)
1.30 1.06 1.19 1.02 1.52 1Q11 2Q11 3Q11 4Q11 1Q12 *24.04 *EPS based
on weighted average shares outstanding of 2,404 million shares. 21.
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