Compal Electronics, Inc. · TWSE:2324
Compal Electronics — Q4 2019 Earnings Presentation
9 slides from Compal Electronics's earnings presentation, Mar 30, 2020
Slide 1: Compal Electronics, Inc. 4Q19 & 2019 Consolidated Financial Results
Compal Electronics, Inc. 4Q19 & 2019 Consolidated Financial Results Save the earth…Please print out only when necessary Mar 30, 2020
Slide 2: Safe Harbor Notice
Safe Harbor Notice Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. These forward looking statements are not based on histori
Slide 3: Agenda
Agenda Welcome 4Q19 and 2019 Financial Review Earning Distribution Business Outlook Q&A 3
Slide 4: 4Q19 Income Statements
4Q19 Income Statements NT$ Million 4Q 2019 3Q 2019 4Q 2018 QoQ YoY Net Sales 267,523 100.0% 249,923 100.0% 280,302 100.0% 7% -5% Gross Margin 9,517 3.6% 8,063 3.2% 8,755 3.1% 18% 9% Operating Exp 6,431 2.4% 5,643 2.2% 6,078 2.2% Operating Margin 3,086 1.2% 2,420 1.0% 2,677 1.0% 28% 15% Non-Operating
Slide 5: 2019 Income Statements
2019 Income Statements NT$ Million 2019 2018 YoY Net Sales 980,442 100.0% 967,706 100.0% 1% Gross Margin 33,909 3.5% 30,567 3.2% 11% Operating Exp 23,323 2.4% 21,305 2.2% Operating Margin 10,586 1.1% 9,262 1.0% 14% Non-Operating Items -578 -0.1% 2,528 0.2% Pre-Tax Income 10,008 1.0% 11,790 1.2% -15%
Slide 6: Non-Operating Breakdown
Non-Operating Breakdown NT$ Million 4Q 2019 3Q 2019 4Q 2018 2019 2018 Interest Income (Exp), net -214 -206 -418 -1,061 -1,173 Investment Gain (Loss), net 237 71 330 581 3,787 FX Gain (Loss) , net -490 133 -65 -463 -431 Others 149 89 37 365 345 Non-Operating Gain (Loss) -318 87 -116 -578 2,528 Note:
Slide 7: 4Q19 Balance Sheets
4Q19 Balance Sheets NT$ Million 4Q 2019 3Q 2019 4Q 2018 Cash and Cash Equivalents 66,559 17% 55,444 13% 70,297 18% Account Receivable 191,737 50% 204,756 49% 203,774 51% Inventories 78,434 20% 111,060 27% 79,149 20% Current Assets 343,155 90% 379,859 91% 362,745 91% Total Assets 382,648 100% 417,690
Slide 8: Earning Distribution
Earning Distribution Compal BOD today approved to distribute total cash dividends of NT$1.2 per share for year 2019, representing 75% payout ratio. Compal will continue the commitment on stable dividend policy and the balance between business growth and long-term shareholders’ return. NT$ 2011 201
Slide 9: Q & A
Q&A http://www.compal.com [email protected]