簡報資料

Q4 2015
Investor Conferences
Strategic marketing director
Jacky Chou 周德雲
Investor Relations Officer
Vivian Mao 毛廷方
0
Sitronix Confidential. Do Not Copy or Distribute.
Product strategy
Mobile display
Industrial & Automotive display
SOC
Mobile
Display
Driver IC
Industrial
Display
Driver IC
Automotive
Display
Driver IC
Touch
Controller IC
(手機顯示器)
(工控顯示器)
(車載顯示器)
其他非顯示器 IC )
Subsidiaries
(89.97%)
( 觸控 IC 及
Subsidiaries
(87.12%)
(45.76%)
(69.53%)
1
Sitronix Confidential. Do Not Copy or Distribute.
Mobile Display Driver IC update
Small size DDI :
QQVGA(160x120) - Zero Cap.
QCIF(220x176) - Zero Cap.
QVGA(320x240) - Zero Cap.
WQVGA(400x240) - Zero Cap.
2014  > 450M pcs
Wearable / health care / sports devices / IOT …
Smartphone DDI :
WVGA_800x480 (13Q4 MP)
2014 
> 30M pcs
Smartphone DDI – 2015 :
HVGA_480x320 (14Q4 MP) - Zero Cap.
WVGA_800x480 (13Q4 MP)
HD720_1280x720 (14Q4 MP)
2
Sitronix Confidential. Do Not Copy or Distribute.
I & A Display Driver IC update
Industrial DDI :
2014
 > 250M pcs
Medical devices
Health care products
Wearable & sport devices
Automotive DDI :
7~ 9 inch display
< 6 inch display
3
Sitronix Confidential. Do Not Copy or Distribute.
SOC
(昇佳)
-- Light relative sensor
2012Q4 (MP)
Ambient Light Sensor
(環境光傳感器)
Smartphone market 
> 80M (2014)
2 in 1 P-sensor for smartphones:
CMOS Circuit
Standard P-sensor
ALS + P-sensor (IR LED)
P-sensor with motion gesture control (手勢偵測/控制_應用)
ALS + P-sensor with gesture (IR LED)
Proximity Sensor
 support 2D gesture control (2方向手勢控制)
 support 4D gesture control (4方向手勢控制)
(距離傳感器)
CMOS circuit
P-sensor with small sensor hole (小孔徑_應用)
ALS + P-sensor (Laser)
-- MEMS sensors
Accelerometer
(加速度傳感器)
CMOS Circuit
MEMS Process
2013Q4(MP)
Tablet PC market
 > 20M pcs (2014)
2014Q4(MP) ~ 2015
Smart phone market
4
Sitronix Confidential. Do Not Copy or Distribute.
SOC
Touch Products
Support touch + DDI
total solution
Industrial
C-Touch
•中央資訊顯示器 (CID)
•車載音響導航顯示器 (Audio)
•後座娛樂顯示器 (Entertainment)
Automotive
STN / Mono TFT
•車用音響顯示 (Audio)
•車載儀表顯示(Dashboard)
Color TFT
•中央資訊顯示器 (CID)
•車載音響導航顯示器 (Navigation)
•後座娛樂顯示器 (Entertainment)
Smartphone
In-cell touch  TDDI
• Smartphone display driver with touch
5
Sitronix Confidential. Do Not Copy or Distribute.
Internet of things (IOT) _ 物聯網相關應用
Smart Home  STN / TFT driver IC / ABL sensor / P-sensor
Smart Grid (Electric / water / Gas meter )  TN / STN driver IC
Wearable devices  STN / TFT driver IC / ABL sensor / G-Sensor / Touch IC
Internet of Vehicles  TN / STN / mono TFT / color TFT display driver IC
G1
G2
Wearable device
G3 +
RF
Sitronix Confidential. Do Not Copy or Distribute.
6
6
Application penetration by product line
Consumer
Industrial
Automotive
STN DDI
V
V
V
s_TFT DDI
V
V
V
m-TFT DDI
V
V
V
Touch
controller
V
V
-
Power IC
V
V
-
MCU / DSP
V
-
-
Light sensor
V
-
-
MEMS sensor
V
-
-
Product line
7
Sitronix Confidential. Do Not Copy or Distribute.
Monthly revenue update
(K)
ntd
1
2
3
4
5
6
7
8
9
10
11
12
Total
2013
481,202
360,529
562,878
514,822
470,939
436,088
533,193
559,603
610,670
611,181
587,379
609,179
Quarterly
amount
2014
YoY Quarterly
Month amount
2015
YoY
Month
790,106
528,502
780,067
42.8%
737,812
641,564
703,388
20.4%
21.8%
15.1%
15.0%
1,404,609
553,150
416,200
560,904
19.0%
1,421,849
612,759
610,847
574,885
18.7%
1,703,466
632,679
689,981
762,372
24.8% 2,085,032
770,813
811,272
891,903
21.1%
851,738
1,807,739
739,879
700,228
741,265
7,595,150
19.8%
6,337,663
Unit: NTD thousand
Accounting standard: IFRS
15.4%
-0.4% 1,530,254
29.7%
31.8% 1,798,491
23.3%
Quarterly
amount
27.0%
39.1%
37.1%
2,098,675
5.0%
22.4%
15.8%
2,082,764
17.6%
17.0%
YoY
Quarter
18.7%
2,473,988
19.2%
21.7% 2,181,372
7,507,165
Jan. - Oct.
22.0%
Jan. ~ Oct.
Revenue YoY
22.0%
8
Revenue by product mix (quarterly)
_季營業額依產品別
19.8 %
Q1~Q3
11%
22.4 %
Q1~Q3
31%
Q1~Q3
58%
2012
Sitronix Confidential. Do Not Copy or Distribute.
2013
2014
2,098 2,082 2,473
2015
9
Revenue & EPS review , 2012~2015
2,473
Jan. ~ Oct.
Revenue YoY
22.0%
2,098
YoY growth
19.8 %
7595M
2014(f)
2,082
YoY growth
22.4 %
2015
6338M
2013
2014
YoY growth
13.3 %
5178M
2013
2012
2012
Year
2015
2014
2013
2012
Q1
Q2
Q3
Q4
Annual
EPS
GM
EPS
GM
EPS
GM
EPS
1.65
1.22
0.72
0.61
29%
1.33
1.23
0.77
0.87
25%
1.97
1.60
0.99
0.78
26%
4.95
1.97 27% 6.02
1.15 23% 3.63
0.74 24% 3.01
29%
24%
29%
Sitronix Confidential. Do Not Copy or Distribute.
27%
26%
26%
26%
24%
24%
GM
EPS
GM
Q1~Q3
EPS
YoY
22.2%
27%
27%
24%
25%
10
2015 Growth  Mobile DDI + SOC (sensors)
19.8 %
22.4 %
Sensors 10%
13.3 %
2016 target
10,000M ntd
SP DDI – 8%
FP DDI -- 43%
Unit: M ntd
11
Sitronix Confidential. Do Not Copy or Distribute.
Thank you
Investor relation officer:
Vivian_Mao ( 毛廷方 )
Tel: +886-2-2659 1276 Ext: 2395
Mobile phone : +886 918 378 547
E-mail: [email protected]
Web site: http://www.sitronix.com.tw
Office: 台北市內湖區瑞光路608號6樓
Strategic marketing:
Jacky_Chou ( 周德雲 )
Tel: +886-2-2659 1276 Ext: 2206
Mobile phone : +886 922 443 880
E-mail: [email protected]
12
Sitronix Confidential. Do Not Copy or Distribute.
SOC
(鈊創)
Products
-- DSP (Digital audio)
8/16/32 bit MCU
-- Card reader (e-Payment)
SOC
(極創)
Products
-- AC side Power management & PWM IC
Power Management IC
13
Sitronix Confidential. Do Not Copy or Distribute.
2015_Q3 consolidated income statement (合併營收季報)
Item
Net Sales
(營業收入淨額)
3Q15
2Q15
1Q15
Results
Results
Results
2,474,988
2,082,764
2,098,675
2015
1-9
4Q14
3Q14
2Q14
1Q14
Results
Results
Results
Results
6,656,427
2,181,372
2,085,033
1,798,491
2014
Total
1,530,254 7,595,150
Gross Profit
(銷貨毛利)
651,189 26%
525,675 25%
609,386 29% 1,786,250
591,124
539,932
497,039
437,647 2,065,742 27%
Operating
Expense
(營業費用)
405,156 16%
350,335 17%
366,214 18% 1,121,705
385,002
335,410
311,214
285,622 1,317,248 17%
Operating
Income
(營業淨利)
246,033 10%
175,340 8%
243,172 11%
664,545
206,122
204,522
185,825
152,025
748,494
10%
Income before
Tax
(稅前淨利)
300,896 12%
179,122 8%
241,853 12%
721,871
269,520
231,901
177,955
168,400
847,776
11%
Net Income
(淨利)
242,063 10%
153,078 7%
197,709 9%
592,850
237,017
195,579
146,576
139,402
718,574
10%
4.95
1.97
1.60
1.23
1.22
6.02
EPS(元)
1.97
1.33
2015
1.65
2014
14
註:採用 IFRS 編制基礎。
2015_Q3 consolidated balance sheet (合併資產負債表)
Item
2015/9/30
2015/6/30
2015/3/31 2014/12/31 2014/9/30 2014/6/30 2014/3/31
Total Assets
(資產總計)
6,515,668
7,299,798
6,788,601
6,322,702
5,428,314
5,350,411
5,422,818
4,808,743
5,614,364
5,058,980
4,626,392
4,140,921
4,102,502
4,167,250
Cash & Equivalents
(現金及約當現金)
1,127,178
1,260,175
1,285,325
1,198,436
1,461,285
839,208
1,232,547
AR
(應收帳款)
1,056,958
943,147
994,373
913,775
894,974
753,387
707,720
Inventory
(存貨)
1,486,743
1,759,585
1,317,271
1,048,468
935,256
1,213,008
1,332,576
Total Liability
(負債總計)
2,385,566
3,487,090
2,509,965
2,232,944
1,607,721
1,698,321
1,575,554
972,241
1,293,716
1,054,514
964,759
812,049
675,301
794,596
4,130,102
3,812,708
4,278,636
4,089,758
3,820,593
3,652,090
3,847,264
Current Assets
(流動資產)
AP
(應付帳款)
Shareholder Eqt.
(股東權益)
15
Welcome to our Taipei Office
Address: 台北市內湖區瑞光路608號6樓
Meeting Room
Reception / Lobby
GYM Room
Sitronix Confidential. Do Not Copy or Distribute.
Breakout Space / Pantry Area
Meeting point
16