Investor Conference The Second Half of Year 2017

Transcription

1 Investor Conference The Second Half of Year 217 March 8, 218 Building Forward Together Building Forward Together 1

2 Agenda Financial Report Iris Chen, Finance Director Business Outlook Jeff Chou, CFO Q&A Building Forward Together 2

3 Disclaimer These presentations and discussions contain certain forward-looking statements with respect to the results of operation, financial condition and current expectation about future events. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. We undertake no obligation to publicly update or revise any forward looking statements whether as a result of new information, future events or otherwise. The actual result could differ materially from those anticipated in these forward looking statements. Building Forward Together 3

4 Statement of Comprehensive Income Amount : NT$ Million YoY 2H'17 1H'17 HoH Amount % Amount % % Amount % Amount % % Net Sales 1, , , , COGS 6, , , , Gross Profit 3, , , , Operating Expenses 3, , , , Operating Income Other Income/Expenses NA NA Income Before Tax Net Income Basic EPS(NT$) Building Forward Together 4

5 Detail of Operating Expense Opex Opex Rate 1 43% 38% 37% 33% 35% 34% 32% 32% 5% % NT $ M 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 % Amount: NT$ Million 1Q'17 2Q'17 3Q'17 4Q' YoY Amount Amount Amount Amount Amount % Amount % % Sales ,27 9 1, Admin R&D , , Operating Expenses , , Building Forward Together 5

6 Consolidated Balance Sheet Highlights Amount : NT$ Million Cash & Financial asset 1,44 1,857 AR 1,794 1,966 Inventory 2,275 1,728 AP 1,452 1,479 Short-term loan Long-term loan - 2 Liability 3,174 3,384 Equity 4,626 4,686 Total Assets 7,8 8,7 Days of Sales Outstanding (DSO) Days of Inventory at hand (DOH) Days of Payable Outstanding (DPO) Cash Conversion Cycle (CCC) Debt rate 4.7% 41.9% ROE 8.4% 1.% BV/per share Building Forward Together 6

7 Consolidated Cash Flows Highlights Amount : NT$ Million YoY($) From Operating Activities Income before Tax Depreciation & Amortization Net Change in Operating assets and liabilities From Investing Activities Net change in debt investments with no active market Net change in Available-for-sale financial assets Net change in Capital Expenditures - PP&E and Software From Financing Activities Issuing shares Cash dividends Net Change in Debt Exchange Rate Influence Net Change in Cash Building Forward Together 7

8 Business Outlook Jeff Chou CFO Building Forward Together 8

9 218 Fully integrate PrismTech into ADLINK, re-organizing HIM as IST (IoT solution and Technology) to maximize solution offering through Data River approach. Open DDS technology, enabling wide market adoption mainly through DDS-based ROS 2 in Robot applications Closely partner with Nvidia and Intel, developing industrial standard AI platforms at edge for variety of applications Promising perspective both in revenue and profit Leading EDGE COMPUTING 9

10 Company Strategic Vision and Technology Trend Robotic Arm Big data Industry 4. Internet of Things Edge computing and 5G AI Leading EDGE COMPUTING 1

11 Y218 ADLINK Global Organization MDO Yellow: re-organization ADLINK Technology Office AP NCP EPM DMSC IST GO GBM CHN Healthcare Networking COM/ETX Q7/Smarc OEM Smart Factory TPMC Finance & Accounting EMEA US MADC Medical Panel Communication Public Mini ITX Matrix PICMG 1. & chassis Infotainment ODM Software & Solutions SHMC SJMC MAMC HR IT SJDC Customer Care Center Global Marketing Center PAMC Taipei & Shanghai Design Center Leading EDGE COMPUTING 11

12 Geographic Footprint & 217 Claimed New DW Amount : NT$ Million 5 IST Sales 2% 5 China 13% North America 39% Y216-47% Y217 Y216-7% Y % RBU Y216 Y217 Y217 claimed DW 5 EMEA 19% 5 APAC 27% +9% AATI 26 +7% EMEA 18 CHN 2 APAC 21 Y216 Y217 Y216 Y217 Building Forward Together 12

13 Sales breakdown by product IST, 21% EPM, 37% NCP, 18% DMSC, 2% HBC, 4% 4,5 YOY +17% YOY -4% YOY +13% YOY +46% YOY +3% 4,5 4,5 4,5 4,5 Y216 Y217 Y216 Y217 Y216 Y217 Y216 Y217 Y216 Y217 Amount : NT$ Million Building Forward Together 13

14 The Connected Factory Brown Green Future Connecting the Unconnected People, Assets & Places Real-time Data Sharing Data at the right time to the right place Factories Of The Future Independent navigational autonomy Building blocks for rich data capture Vendor-agnostic cloud connectivity Low Latency, Efficient, Reliable, Secure ROS Starter Kit ROS 1(Kinetic) & ROS 2 (GPIO control node) Cloud Cloud Target Q4 Leading EDGE COMPUTING 14

15 How The Vortex Data River Works Bridging the OT / IT Divide Data Store Apps Cloud IT River OT Guy Configure which Things can be shared outside of the River. And for each Thing or Thing type which pieces of data. Also configure whether desired state can be configured outside the river. Configure whether IT can write to the OT River. OT River IT Guy Configure what IT data can be shared with the OT River. Configure whether OT can write to IT River. Leading EDGE COMPUTING 15 1

16 Successful Synergy Between INTEL and ADLINK Enabling AI at edge in variety of industries INTEL NVIDIA Industrial Automation Test & Measurement Medical / Healthcare Transportation Telecom & Networking Military & Aerospace Infotainment & Vending Customers Across Vertical Markets Leading EDGE COMPUTING 16

17 Q&A Building Forward Together 17

18 Leading EDGE COMPUTING 18