2Q12 analyst meeting

台達電子2012年上半年財報法人說明會Delta Electronics, Inc.1H 2012 Result Analyst Meeting

17 Aug 2012

2Delta Confidential

•合併財務數字乃根據財務會計準則公報第七號編製Consolidated financials are based on Statement of Financial Accounting Standard No. 7

•合併數字係經由會計師審核Consolidated numbers were audited by CPA

3Delta Confidential

2012年第二季結算數字2012 Second Quarter Results

4Delta Confidential

合併營收 Revenues

單位：新台幣十億元Unit: NT$ billion

QoQ +15%

YoY+5%

43.7 44.6 43.6 40.146.0

2Q11 3Q11 4Q11 1Q12 2Q12

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業務分類(一) Revenues by Business (1)

2Q12

電源及零組件

(Power Electronics)

61%

能源管理

(Energy Mgmt)

21%

智能綠生活

(Smart Green Life)

16%

其他

(Others)

2%

1Q12

電源及零組件

(Power Electronics)

62%

智能綠生活

(Smart Green Life)

17%

能源管理

(Energy Mgmt)

19%

其他

(Others)

2%

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業務分類(一)Revenues by Business (1)

單位：新台幣百萬元Unit: NT$ million

1Q12 2Q12 Change電源及零組件(Power Electronics) 24,735 28,031 13%能源管理(Energy Management) 7,469 9,722 30%智能綠生活(Smart Green Life) 6,934 7,521 8%其他(Others) 913 688 -25%總計(Total) 40,051 45,962 15%

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業務分類(二) Revenues by Business (2)

電源及零組件

(Power Electronics)

63%

智能綠生活

(Smart Green Life)

15%

能源管理

(Energy Mgmt)

21%

其他

(Others)

1%

2Q11 2Q12

電源及零組件

(Power Electronics)

61%

智能綠生活

(Smart Green Life)

16%

能源管理

(Energy Mgmt)

21%

其他

(Others)

2%

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業務分類(二)Revenues by Business (2)


2Q11 2Q12 Change電源及零組件(Power Electronics) 27,439 28,031 2%能源管理(Energy Management) 9,229 9,722 5%智能綠生活(Smart Green Life) 6,634 7,521 13%其他(Others) 381 688 81%總計(Total) 43,683 45,962 5%

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營業毛利Gross Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

8.31 8.57 7.87 8.21 10.57

23.0%20.5%18.1%

19.2%19.0%

2Q11 3Q11 4Q11 1Q12 2Q12

10Delta Confidential

研發費用R&D Expense


2.762.592.43 2.71 2.60

5.6% 5.8% 6.2% 6.5% 6.0%

2Q11 3Q11 4Q11 1Q12 2Q12


銷管費用SG&A Expense


2.96 3.153.69 3.27 3.61

6.8% 7.1%8.5% 8.2% 7.9%

2Q11 3Q11 4Q11 1Q12 2Q12


總營業費用Operating Expense


5.38 5.74 6.40 5.87 6.37

12.3% 12.9%14.7%

13.9%14.7%

2Q11 3Q11 4Q11 1Q12 2Q12


營業淨利Operating Profit


2.93 2.831.48

2.334.20

6.7% 6.4% 3.4%5.8%

9.1%

2Q11 3Q11 4Q11 1Q12 2Q12


主要部門營業淨利Operating Profit by Sector


2Q11 1Q12 2Q12電源及零組件(Power Electronics) 3,091 2,620 3,595能源管理(Energy Management) -14 21 671智能綠生活(Smart Green Life) -21 311 468總計(Total) 3,055 2,952 4,734


業外損益Non-Operating Profit


1.002.38

1.25 0.841.11

1.8%2.9%2.3% 2.5%

5.9%

2Q11 3Q11 4Q11 1Q12 2Q12


業外損益細項Non-Operating Income Breakdown


1Q12 2Q12處分投資(Investment disposal) 1,687 14投資損益(Investment income) 116 126利息收益(Interest income) 110 148現金股利(Cash Dividend) 0 2匯兌損益(F/X) * 90 75其他業外損益(Others) 372 476合計(Total) 2,375 841

* 包含外匯相關金融資產評價變更* Including FX-related derivatives’ fair value change


稅前淨利Net Income Before Tax


3.93 3.942.73

4.71 5.04

9.0% 8.8%6.3%

11.8% 11.0%

2Q11 3Q11 4Q11 1Q12 2Q12


所得稅與少數股權Tax & Minority Interest


1Q12 2Q12稅前淨利(Net income before tax) 4,709 5,044所得稅(Tax) (909) (519)少數股權淨利(Minority interest) (144) (528)稅後淨利(Net income after tax) 3,656 3,997


稅後淨利Net Income After Tax


2.56 2.85 2.463.66 4.00

5.9% 6.4% 5.7%

8.7%9.1%

2Q11 3Q11 4Q11 1Q12 2Q12


每股淨利(新台幣元)EPS (unit: NT$)

1.06 1.19 1.02

1.52 1.66

2Q11 3Q11 4Q11 1Q12 2Q12

*每股盈餘之設算基於加權平均股數24.06億股*EPS based on weighted average shares outstanding of 2,406 million shares.


2012年上半年結算數字2012 First Half Accumulated Results


合併營收Revenues

單位：新台幣十億元Unit: NT$ billion

83.9 86.0

1H11 1H12

+2%


業務分類Revenues by Business

1H12

電源及零組件

(Power Electronics)

61%

智能綠生活

(Smart Green Life)

17%

能源管理

(Energy Mgmt)

20%

其他

(Others)

2%

1H11

電源及零組件

(Power Electronics)

61%

智能綠生活

(Smart Green Life)

15%

能源管理

(Energy Mgmt)

23%

其他

(Others)

1%


業務分類Revenues by Business


1H11 1H12 Change電源及零組件(Power Electronics) 51,508 52,766 2%能源管理(Energy Management) 19,366 17,191 -11%智能綠生活(Smart Green Life) 12,468 14,455 16%其他(Others) 578 1,601 177%總計(Total) 83,921 86,013 2%


營業毛利Gross Profit


16.34 18.78

21.8%19.5%

1H11 1H12

+15%


研發費用R&D Expense


4.68 5.36

5.6% 6.2%

1H11 1H12

+15%


銷管費用SG&A Expense


5.646.88

6.7%8.0%

1H11 1H12

+22%


總營業費用Operating Expense


10.33 12.23

14.2%12.3%

1H11 1H12

+18%


營業淨利Operating Profit


6.01 6.54

7.6%7.2%

1H11 1H12

+9%


主要部門營業淨利Operating Profit by Sector


1H11 1H12電源及零組件(Power Electronics) 5,418 6,215能源管理(Energy Management) 801 693智能綠生活(Smart Green Life) 25 778總計(Total) 6,244 7,686


業外損益Non-Operating Profit


3.221.912.3%

3.7%

1H11 1H12

+69%


業外損益細項Non-Operating Income Breakdown


1H11 1H12處分投資(Investment disposal) 157 1,702 投資損益(Investment income) 263 242利息收益(Interest income) 249 258現金股利(Cash Dividend) 160 2匯兌損益(F/X) * 537 166其他業外損益(Others) 546 847合計(Total) 1,912 3,216

* 包含外匯相關金融資產評價變更* Including FX-related derivatives’ fair value change


稅前淨利Net Income Before Tax


7.929.75

11.3%9.4%

1H11 1H12

+23%


所得稅與少數股權Tax & Minority Interest


1H11 1H12稅前淨利(Net income before tax) 7,923 9,753所得稅(Tax) (1,451) (1,428)少數股權淨利(Minority interest) (798) (672)稅後淨利(Net income after tax) 5,674 7,653


稅後淨利Net Income After Tax


5.677.65

8.9%6.8%

1H11 1H12

+35%


每股淨利(新台幣元)EPS (unit: NT$)

2.363.18

1H11 1H12

*每股盈餘之設算基於加權平均股數24.06億股*EPS based on weighted average shares outstanding of 2,406 million shares.

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