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