Delta Electronics 3Q22 Analyst Meeting

1. 28 Oct 2022
Delta Electronics, Inc. 3Q 2022 Results
台達電子2022年第三季財報法人說明會

2.  The financial numbers hereby are based on International
Financial Reporting Standards (IFRS)
本簡報財務數字係根據國際財務報導準則編製
 Cumulative consolidated numbers were reviewed by CPA
合併數字經會計師核閱

3. 3 Delta Confidential
3Q 2022 Financial Results
2022年第三季結算數字

4. 4 Delta Confidential
Y/Y
年對年
Q/Q
季對季
Sales
營收
+33% +18%
GP
毛利
+43% +22%
3Q21 4Q21 1Q22 2Q22 3Q22
GP 22.5 22.4 22.5 26.5 32.2
GPM 28.3% 26.7% 27.3% 29.4% 30.3%
GP
毛利
3Q21 4Q21 1Q22 2Q22 3Q22
Sales 79.6 83.8 82.5 90.0 106.3
Sales
營收
Sales Revenues & Gross Profits
合併營收及毛利
NT$ billion
新台幣十億元

5. 5 Delta Confidential
7.8 7.3 7.5 9.6 13.6
7.9 8.2 8.2
9.1
10.2
6.8 6.9 6.9
7.7
8.4
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
3Q21 4Q21 1Q22 2Q22 3Q22
R&D
SG&A
OP
Y/Y
年對年
Q/Q
季對季
R&D
研發費用
+23% +10%
SG&A
銷管費用
+29% +11%
OPEX
總營業費用
+26% +11%
OP
營業淨利
+74% +40%
(% of sales)
R&D 8.6% 8.2% 8.3% 8.5% 8.0%
SG&A 9.9% 9.8% 9.9% 10.1% 9.6%
OPEX 18.5% 18.0% 18.3% 18.7% 17.5%
OPM 9.8% 8.7% 9.0% 10.7% 12.7%
Operating Profits & Expenses
營業淨利及費用
NT$ billion
新台幣十億元

6. 6 Delta Confidential
NT$ million
新台幣百萬元
Sales Y/Y Q/Q Profits Y/Y Q/Q
Power
Electronics
電源及零組件
63,539 +33% +20% 10,042 +76% +42%
Automation
自動化
14,343 +27% +9% 1,017 +11% +4%
Infrastructure
基礎設施
28,321 +38% +20% 2,479 +115% +54%
26% 26% 27%
14% 15% 13%
60% 59% 60%
3Q21 2Q22 3Q22
Power Electronics
Automation
Infrastructure
Others
Sales%
營收佔比
Performance by Segment
主要部門表現

7. 7 Delta Confidential
NT$ million
新台幣百萬元
3Q21 2Q22 3Q22
Gain on disposal of
investment
處分投資損益
0 0 0
Interest income
利息收益
44 (10) (2)
FX income and
valuation of FX forward
滙兌損益及遠匯評價損益等
412 569 874
Others
其他
53 618 761
Total
合計
509 1,177 1,633
3Q21 4Q21 1Q22 2Q223Q22
non-op 0.5 1.1 1.1 1.1 1.7
% of sales 0.6% 1.4% 1.3% 1.3% 1.5%
Non-OP
業外損益
Non-operating Profits
業外損益
NT$ billion
新台幣十億元

8. 8 Delta Confidential
3Q21 4Q21 1Q22 2Q22 3Q22
EBITDA 12.7 12.9 13.1 15.6 20.1
% of sales 15.9% 15.5% 15.9% 17.3% 19.0%
EBITDA
息稅折舊及
攤銷前利潤
Y/Y
年對年
Q/Q
季對季
Profits
before tax
稅前淨利
+83% +40%
EBITDA
息稅折舊及
攤銷前利潤
+59% +29%
3Q21 4Q21 1Q22 2Q22 3Q22
PBT 8.3 8.4 8.5 10.9 15.1
% of sales 10.4% 10.1% 10.3% 12.0% 14.3%
Profits
before tax
稅前淨利
Profits before Tax v.s EBITDA
稅前淨利及息稅折舊及攤銷前利潤
NT$ billion
新台幣十億元

9. 9 Delta Confidential
NT$ million
新台幣百萬元
3Q21 2Q22 3Q22
Profit before
income tax
稅前淨利
8,287 10,831 15,172
Income tax
所得稅
(1,689) (1,989) (2,950)
Non-controlling
interest
非控制權益
(229) (1,214) (1,153)
Net profit after
tax
稅後淨利
6,369 7,628 11,069
Y/Y
年對年
Q/Q
季對季
Net profits
after tax
+74% +45%
Net Profits after Tax
稅後淨利
3Q21 4Q21 1Q22 2Q22 3Q22
稅後淨利 6.4 6.2 6.1 7.6 11.1
稅後淨利率 8.0% 7.5% 7.3% 8.5% 10.4%
Net profits
after tax
稅後淨利
NT$ billion
新台幣十億元

10. 10 Delta Confidential
*EPS based on shares outstanding of 2,598 million.
每股盈餘之設算基於在外流通股數25.98億股。
2.45 2.42 2.33
2.94
4.26
3Q21 4Q21 1Q22 2Q22 3Q22
Unit: NT$
新台幣元
EPS
每股淨利

11. 11 Delta Confidential
YT3Q 2022 Financial Results
2022年前三季結算數字

12. 12 Delta Confidential
Y/Y
年對年
Sales
營收
+21%
GP
毛利
+20%
YT3Q21 YT3Q22
Sales 230.9 278.8
Sales
營收
YT3Q21 YT3Q22
GP 67.8 81.2
GPM 29.4% 29.1%
GP
毛利
NT$ billion
新台幣十億元
Sales Revenues & Gross Profits
合併營收及毛利

13. 13 Delta Confidential
24.1 30.7
23.4
27.5
20.3
23.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
YT3Q21 YT3Q22
R&D
SG&A
OP
Y/Y
年對年
R&D
研發費用
+13%
SG&A
銷管費用
+17%
OPEX
總營業費用
+15%
OP
營業淨利
+27%
(% of sales)
R&D 8.8% 8.3%
SG&A 10.2% 9.8%
OPEX 19.0% 18.1%
OPM 10.4% 11.0%
Operating Profits & Expenses
營業淨利及費用
NT$ billion
新台幣十億元

14. 14 Delta Confidential
25% 26%
15% 14%
60% 60%
YT3Q21 YT3Q22
Power Electronics
Automation
Infrastructure
Others
Performance by Segment
主要部門表現
NT$ million
新台幣百萬元
Sales Y/Y Profits Y/Y
Power
Electronics
電源及零組件
165,730 +20% 22,677 +39%
Automation
自動化
39,256 +15% 2,648 -33%
Infrastructure
基礎設施
73,367 +26% 5,337 +39%
Sales%
營收佔比

15. 15 Delta Confidential
YT3Q21 YT3Q22
non-op 3.1 3.9
% of sales 1.4% 1.4%
Non-OP
業外損益
Non-operating Profits
業外損益
NT$ billion
新台幣十億元
NT$ million
新台幣百萬元 YT3Q21 YT3Q22
Gain on disposal of
investment
處分投資損益
90 0
Interest income
利息收益
133 6
FX income and valuation of
FX forward
滙兌損益及遠匯評價損益等
1,035 1,755
Others
其他
1,865 2,119
Total
合計
3,123 3,880

16. 16 Delta Confidential
Y/Y
年對年
Profits
before tax
稅前淨利
+27%
EBITDA
息稅折舊及
攤銷前利潤
+22%
YT3Q21 YT3Q22
PBT 27.2 34.5
% of sales 11.8% 12.4%
Profits
before tax
稅前淨利
Profits before Tax v.s EBITDA
稅前淨利及息稅折舊及攤銷前利潤
NT$ billion
新台幣十億元
EBITDA
息稅折舊及
攤銷前利潤
YT3Q21 YT3Q22
EBITDA 40.1 48.8
% of sales 17.4% 17.5%

17. 17 Delta Confidential
YT3Q21 YT3Q22
Net profits
after tax
20.5 24.8
% of sales 8.9% 8.9%
Net profits
after tax
稅後淨利
Net Profits after Tax
稅後淨利
NT$ billion
新台幣十億元
Y/Y
年對年
Net profits
after tax
+21%
NT$ million
新台幣百萬元
YT3Q21 YT3Q22
Profit before income tax
稅前淨利
27,183 34,542
Income tax
所得稅
(5,478) (6,648)
Non-controlling interest
非控制權益
(1,166) (3,139)
Net profit after tax
稅後淨利
20,539 24,755

18. 18 Delta Confidential
7.91
9.53
YT3Q21 YT3Q22
EPS
每股淨利
Unit: NT$
新台幣元
*EPS based on shares outstanding of 2,598 million.
每股盈餘之設算基於在外流通股數25.98億股。

19. 19 Delta Confidential
Business Category
業務分類
 Power supplies
電源供應器
 Fans & thermal
風扇及散熱管理
 Passive components
被動元件
 On-board EV solutions
汽車電子
 Industrial automation
工業自動化
 Building automation
樓宇自動化
ICT Infrastructure
資通訊基礎設施
 Telecom power
通信電源
 Datacenter solutions
資料中心解決方案
 Networking
網通系統
EIS Infrastructure
能源基礎設施
 Off-board EV charger
電動車充電設備
 Renewable energy
& Energy Storage System
可再生能源 及 儲能設備
 Display
視訊系統

20. Smarter. Greener. Together.