1. ALi Corporation (3041 TT) 4Q16 Investor Conference
March 17th, 2017

2. 4Q16 Consolidated Quarterly Results
4Q16 revenue reached NT$831 million, QoQ 5%, YoY-25%
Gross profit margin was 36%
Operating profit margin was -10%
NT$ million
圖還沒改 三大報表還沒給

3. 2016 Consolidated Annual Results
2016 annual revenue reached NT$3,401million, YoY-6%
Gross profit margin was 37%
Operating profit margin was -11%
NT$ million
37%
41%
-6%
-11%

4. 4Q16 Consolidated Income Statement
(Amounts in thousand New Taiwan Dollars exceptEarnings Per Share)
4Q16
3Q16
4Q15
QoQ
YoY
Net sales
831,494
100%
790,877
1,110,908 5%
-25%
Cost of goods sold
(533,706)
(506,611)
(646,306)
-17%
Gross profits
297,788
36%
284,266
464,602
42%
-36%
Operating expenses:
　Selling expenses
(42,784)
(58,266)
(74,961)
-27%
-43%
　Administrative expenses
(65,048)
(64,537)
(80,371) 1%
-19%
　Research and development expenses
(273,562)
(275,602)
(307,904)
-1%
-11%
Total operating expenses
(381,394)
(398,405)
(463,236)
-4%
-18%
Operating income
(83,606)
-10%
(114,139)
-14%
1,366 0%
n/a
Non-operating income and gain (expense & loss)
(300,106)
10,637
24,965
Income before income tax
(383,712)
(103,502)
26,331
271%
Income tax (expense) benefit
10,265
20,337
(8,500)
-50%
Net income
(373,447)
(83,165)
17,831
349%
Earnings Per Share (in New Taiwan Dollars)
　 (1.27)
　 (0.28) 　
數字還沒更新 ,10/25下午julia說會給

5. 2016 Consolidated Income Statement
(Amounts in thousand New Taiwan Dollars)
2016
2015
YoY
Net sales
3,400,744
100%
3,631,593
-6%
Cost of goods sold
(2,154,403)
(2,126,944) 1%
Gross profits
1,246,341
37%
1,504,649
41%
-17%
Operating expenses
　Selling expenses
(239,486)
(274,664)
-13%
　Administrative expenses
(255,350)
(294,309)
　Research and development expenses
(1,129,398)
(1,158,802)
-3%
Total operating expenses
(1,624,234)
(1,727,775)
Operating income
(377,893)
-11%
(223,126)
69%
Non-operating income and gain(expense & loss)
(248,672)
132,782
n/a
Income before income tax
(626,565)
(90,344)
594%
Income tax(expense)benefit
51,257
4,436
1055%
Net income
(575,308)
(85,908)
-2%
570%
Earnings Per Share (in New Taiwan Dollars)
　 (1.95)
　 (0.29)

6. 4Q16 Consolidated Balance Sheet
(Amounts in thousand New Taiwan Dollars except Key Indices)
Selected Items from Balance Sheet
Dec 31, 2016
Sep 30, 2016
Dec 31, 2015
Cash, cash equivalents and investments
in marketable financial instruments
3,565,358
3,575,810
3,985,236
Notes and accounts receivable
238,759
196,525
262,039
Inventory (net)
552,363
597,177
448,137
Other current assets
323,021
274,948
476,288
Total current assets
4,679,501
4,644,460
5,171,700
Long-term Investments
60,410
61,154
114,523
Net PP&E
641,251
652,324
676,787
Intangible assets
170,971
514,413
446,852
Other assets
225,142
214,788
172,199
Total assets
5,777,275
6,087,139
6,582,061
Notes and accounts payable
448,124
410,313
633,629
Other current liabilities
419,500
392,977
400,366
Non-current liabilities
17,626
21,275
30,148
Total liabilities
885,250
824,565
1,064,143
Total shareholders' equity
4,892,025
5,262,574
5,517,918
Key Indices
A/R Turnover Days (net) 24 22 20
Inventory Turnover Days (net) 99
109 58
Current Ratio
5.4
5.8
5.0
10/28才會拿到

7. 2016 Consolidated Balance Sheet
(Amounts in thousand New Taiwan Dollars except Key Indices)
2016
2015
Selected Items from Balance Sheet:
Cash & financial asset current
3,985,236
4,116,446
Notes and accounts receivable
262,039
164,134
Inventory (net)
448,137
512,045
Other current asset
476,288
565,701
Total current asset
5,171,700
5,358,326
Funds and Investments
114,523
95,621
Net PP&E
676,787
685,008
Intangible assets
446,852
548,425
Other assets
172,199
153,185
Total assets
6,582,061
6,840,565
Notes & accounts payable
633,629
511,217
Other current liabilities
400,366
516,412
Other liabilities
30,148
38,915
Total liabilities
1,064,143
1,066,544
Total shareholders' equity
5,517,918
5,774,021
Key Indices
A/R Turnover Days (net) 21 30
Inventory Turnover Days (net) 82 63
Current Ratio
5.0
5.2

8. Quarterly Revenue Breakdown
5~10%
35~40%
5~10%
30~35%
55~60%
45~50%
65~70%
60~65%
4Q: Pay 34% Retail: 61% Others(NON):5%
3Q :Pay 36 % Retail: 56 % Others(NON): 8 %
2Q :Pay 26 % Retail: 65% Others(NON): 9 %

9. Annual Revenue Breakdown
2015
2016
2016: Pay 37% Retail: 57% Others(NON):6%
2015: Pay 40% Retail: 51% Others(NON):9%

10. Thank You