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C f C f Creating value for customers and shareholders Creating value for customers and shareholders Dec, 2015 Dec, 2015 1

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Page 1: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

C fC fCreating value for customers and shareholdersCreating value for customers and shareholders

Dec, 2015Dec, 2015

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,,

Page 2: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Company backgroundCompany background

Page 3: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

What we do ?

We design, develop , package & test a wide series of

Semiconductor Componentsto enhance power efficiency in

PC related products, communications,Household appliances consumerHousehold appliances, consumer

electronics products’Power supply & power

management of system devices.management of system devices.

We can custom make total powermanagement solution to meet

i i d d dmaximum power saving needs demand of our customers.

We aim to become one of the bestGreen Power Semiconductor

components Supplier globally through a continuous effort to expand the

breadth and depth of our

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breadth and depth of our Green Power products.

Page 4: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Belongs to the Lite-On Group

Lite-On SemiLite-On Tech Diodes Inc On-Bright(5305.TW)

2015 1st 3 Q Rev

USD 232 M

(2301 TW)

2015 1st 3 Q Rev

USD 5.5 B*W/W #1 NB

(Nasdaq :DIOD)

2015 1st 3Q RevUSD 635 M

(F 4947 TW)

2015 1st 3 Q Rev

USD 74 M‧ W/W #1 GPP

Bridge

*W/W #1 NBAdaptor 17% shares 32% shares

Co-Tech Actron DynacardCo Tech (8358.TW)

2015 1st 3 Q Rev

USD 105M

Actron(8255 TW)

2015 1st 3 Q Rev

Dynacard(8351 TW)

2014 RevUSD 103 MUSD 105M

1.5% SharesUSD 88 M

5% Shares

USD 103 M

12% Shares

Page 5: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

LSC Snapshot

Taiwan Stock Exchange : 5305

Date Established : 1990 April 12thDate Established : 1990 April 12th

Capital : NTD 3.15 Billion

No. of Employees : about 3,000 pax(As of Sept ,2015)

2015 1st 9 months Revenue : NTD 6 949 Million (Audited)2015 1st 9 months Revenue : NTD 6,949 Million (Audited)

Major products : Over 80% of Green Power related semiconductor components

Book Value : NTD 27.36(per share)(As of Sept, 2015)

Certification : ISO-9001, ISO-9002, ISO-14001, TS16949, OHSAS

Page 6: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Company product distributionCompany product distribution

Page 7: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Sales Distribution in 2015 3Q

Year 2015Q3 營收比重 年增率 季增率

Sales distribution YoY QoQDiscrete 分離式元件 46% -25% -14%IC P d t IC產品 41% 15% 13%IC Products IC產品 41% 15% 13%Modular System系統模組 9% -20% -1%Foundry 晶圓產品 4% 7% 7%Revenue 營收 (NTD Million) 2,345 -11% -3%

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Page 8: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

2015 sales distribution for the 1st 9 months

Jan - Sept 營收比重 年增率

Year 2015 Sales distribution YoYDiscrete分離式元件 51% 14%Discrete分離式元件 51% -14%IC Products IC產品 36% -3%Modular System系統模組 9% -22%Foundry 晶圓產品 4% -16%Revenue 營收 (NTD Million) 6,950 -11%

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Page 9: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

LSC Products Market Positions

DiscreteTaiwan Top 3

GPP Bridge Global #1 Supplier

Supplier

Green Power

Platform

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Page 10: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

LSC End Application Distribution

End Application Sales DistributionEnd Application Sales Distribution

PC & Related About 30%

Handheld Devices 10~15%

Consumer Products 20~25%

Communications 10~15%

Industrial 5~10%

Household Appliances 5%~10%

Automotive < 5%

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Page 11: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Financial ResultsFinancial Results

Page 12: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

2015 1st 9 months YoY comparison

In NT MillionsIn NT Millions Year 2014 1st 9 Mths Year 2015 1st 9 Mths YoY

Amount % Amount % %

Net Sales 7,818 100.0 6,949 100.0 -11

COGS 5,997 77 5,410 78 -10

Gross Profit 1,822 23 1,539 22 -16

Operating Expense 1 324 17 1 311 19 1Operating Expense 1,324 17 1,311 19 -1

Operating Profit 497 6 228 3 -54

Other Income/Expense 433 6 797 11 84Other Income/Expense 433 6 797 11 84

Profit Before Tax 931 12 1,025 15 10

Profit After Tax 397 5 521 7 31

EPS 0.96 1.65

*Consolidated

Audited 2015 March 10th

Page 13: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Q3 2015 highlights – YoY comparison

In NT MillionsIn NT Millions 3Q 2014 3Q 2015 YoY

Amount % Amount % %

Net Sales 2,644 100.0 2,345 100.0 -11

COGS 2,045 78 1,799 77 -12

Gross Profit 598 22 546 23 -9

Operating Expense 457 17 428 18 -6

Operating Profit 142 5 116 5 -18

Other Income/Expense 240 9 80 3 -67Other Income/Expense 240 9 80 3 -67

Profit Before Tax 382 14 196 8 -49

Profit After Tax 193 7 11 3 -94

After Tax EPS 0.55 - 0.03 -

Revised Aug 24th, 2007Audited 2015.11.02

Page 14: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

Q3 2015 highlights – QoQ comparison

In NT MillionsIn NT Millions 2Q 2015 3Q 2015 QoQ

Amount % Amount % %

Net Sales 2,421 100.0 2,345 100.0 -3

COGS 1,874 77 1,799 77 -4

Gross Profit 547 23 546 23 -

Operating Expense 448 18 430 18 -12

Operating Profit 99 4 116 5 17

Other Income/Expense 500 21 80 3 -84Other Income/Expense 500 21 80 3 -84

Profit Before Tax 599 25 196 8 -67

Profit After Tax 395 16 11 1 -97

After Tax EPS 1.25 - 0.03 - -98

Revised Aug 24th, 2007Audited 2015.10.06

Page 15: CfCreating value for customers and shareholders · 2019. 2. 18. · Co-Tech Actron Dynacard (8358.TW) 2015 1st 3 Q Rev USD 105M (8255 TW) 2015 1st 3 Q Rev (8351 TW) 2014 Rev USD 105M

2001~2015 Diodes profit injection

2 75 130 296 322 353 429

257 49

459 275

117 143 337

152 100200300 400 500

2 -100 200

Unit : Million NTD

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