Compal 2Q10 Financial Results Presentation Investor...2Q10 Financial Results. 2 Welcome 2Q10...

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Save the earth…Please print out only when necessary September 1, 2010 Compal Electronics, Inc. 2Q10 Financial Results

Transcript of Compal 2Q10 Financial Results Presentation Investor...2Q10 Financial Results. 2 Welcome 2Q10...

Page 1: Compal 2Q10 Financial Results Presentation Investor...2Q10 Financial Results. 2 Welcome 2Q10 Financial Results (Unconsolidated) 2Q10 Financial Results (Consolidated) Q&A. 3 Safe Harbor

Save the earth…Please print out only when necessary September 1, 2010

Compal Electronics, Inc.

2Q10 Financial Results

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� Welcome

� 2Q10 Financial Results (Unconsolidated)

� 2Q10 Financial Results (Consolidated)

� Q&A

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Safe Harbor

This presentation contains forward-looking statements and is subject

to significant risks and uncertainties.

Actual results may differ materially from those contained in the

forward-looking statements.

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2Q10 Financial Results

- Unconsolidated -

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2Q10 Income Statement

99%

109%

58%

78%

Y o Y

2.7%

3.1%

0.3%

2.8%

4.7%

100.0%

0.83

3,237

3,740

316

3,424

5,687

121,903

2Q09

1.991.51EPS (NT Dollars)

- 24%3.9%8,5153.0%6,437Net Income

- 16%4.3%9,2473.6%7,800Income before Tax

1.7%3,5861.1%2,378Non-operating Gain

- 4%2.6%5,6612.5%5,422Operating Income

4.2%9,1184.0%8,709Gross Margin

- %100.0%216,654100.0%217,055Net Sales

Q o Q1Q102Q10

Note: All figures in million of NT$ except for earnings per share; Financial data is unconsolidated

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Y o Y change

(%)

1.573.50EPS (NT Dollars)

148%2.6%6,0383.5%14,952Net Income

144%3.0%6,9794.0%17,047Income before Tax

0.1%2191.4%5,964Non-operating Gain

64%2.9%6,7602.6%11,083Operating Income

4.8%11,0874.1%17,827Gross Margin

88%100.0%231,081100.0%433,709Net Sales

1H091H10

1H10 Income Statement

Note: All figures in million of NT$ except for earnings per share; Financial data is unconsolidated

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2Q10 Non-Operating Income (Loss)

5,964

217

(92)

5,736

103

1H10

2183,5862,378Total Non-Operating Gain, net

85

78

3,375

48

1Q10

153

1

27

37

1H09

132

(170)

2,361

55

2Q10

Others

Gain (Loss) on Foreign Currency

Exchange, net

Investment Gain, net

Interest Income, net

Note: 1. Company accounted for NT$ 2.89bn investment gain of TPO share swap in 1Q10 and NT$ 1.49bn investment gain of IST share swap in 2Q10, respectively.

2. All figures in million of NT$; Financial data is unconsolidated

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Balance Sheet

Note: All figures in million of NT$; Financial data is unconsolidated

June 30, 2010 March 31, 2010 June 30, 2009

Cash and Cash Equivalents

& Marketable Securities 40,712 13% 36,191 12% 25,389 14%

A/R 165,705 54% 148,823 50% 80,162 45%

Inventories 32,554 10% 44,084 15% 18,705 10%

Investments 62,931 20% 62,763 21% 49,700 28%

Total Assets 307,485 100% 296,337 100% 178,230 100%

Total Current Liabilities 203,332 66% 187,280 63% 87,790 49%

Total Liabilities 203,352 66% 187,367 63% 97,887 55%

Shareholders’ Equity 104,133 34% 108,970 37% 80,343 45%

Book Value per Shares 23.8 25.6 20.2

Net Cash 20,340 15,681 11,556

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2Q10 Financial Results

- Consolidated -

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2Q10 Income Statement

3,2378,5156,437Net Income to Parent

684914Net Income to Minorities

0.831.991.51EPS (NT Dollars)

95%

99%

53%

70%

Y o Y

2.5%

3.1%

- 0.2%

3.3%

6.4%

100.0%

3,305

4,039

(329)

4,368

8,529

133,523

2Q09

- 25%3.7%8,5642.8%6,451Net Income

- 16%4.2%9,5913.5%8,036Income before Tax

1.1%2,5790.6%1,342Non-operating Gain (Loss)

- 5%3.1%7,0122.9%6,694Operating Income

5.4%12,2885.2%11,821Gross Margin

- 1%100.0%228,951100.0%227,062Net Sales

Q o Q1Q102Q10

Note: All figures in million of NT$ except for earnings per share; Financial data is consolidated

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6,03814,952Net Income to Parent

1.573.50EPS (NT Dollars)

Y o Y change

(%)

14563Net Income to Minorities

143%2.4%6,1833.3%15,015Net Income

136%2.9%7,4543.9%17,627Income before Tax

- 0.3%(779)0.9%3,921Non-operating Gain (Loss)

66%3.2%8,2333.0%13,706Operating Income

6.4%16,2305.3%24,109Gross Margin

80%100.0%253,547100.0%456,013Net Sales

1H091H10

1H10 Income Statement

Note: All figures in million of NT$ except for earnings per share; Financial data is consolidated

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2Q10 Non-Operating Income (Loss)

3,921

29

(401)

4,103

190

1H10

(779)2,5791,342Total Non-Operating Gain, net

(50)

(120)

2,660

89

1Q10

191

347

(1,487)

170

1H09

79

(281)

1,443

101

2Q10

Others

Gain (Loss) on Foreign Currency

Exchange, net

Investment Gain, net

Interest Income, net

Note: All figures in million of NT$; Financial data is unconsolidated

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Balance Sheet

Note: All figures in million of NT$; Financial data is unconsolidated

June 30, 2010 March 31, 2010 June 30, 2009

Cash and Cash Equivalents

& Marketable Securities 69,791 20% 64,858 19% 50,191 23%

A/R 173,027 50% 158,709 47% 94,729 43%

Inventories 58,393 17% 68,108 20% 38,033 17%

Investments 28,275 8% 28,805 9% 18,983 8%

Total Assets 348,803 100% 339,281 100% 211,654 100%

Total Current Liabilities 235,935 68% 220,865 65% 123,184 56%

Total Liabilities 236,497 68% 221,697 65% 133,969 60%

Shareholders’ Equity 112,306 32% 117,584 35% 87,685 40%

Book Value per Shares 25.7 27.6 22.1

Net Cash 33,880 29,675 34,283

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Q & A

http://www.compal.com

[email protected]