Avermedia Technologies, Inc. · TWSE:2417
Avermedia Technologies — Morgan Stanley Taiwan Discovery Forum 2008
21 slides from Avermedia Technologies's conference presentation, Sep 4, 2008
Slide 1: AVerMedia Corporate Profile
AVerMedia Corporate Profile September, 2008 By Moses Lee AVerMedia Overview Founded in 1990, Specializing in Designing, Manufacturing and Marketing of Multimedia Entertainment, Presentation and Digital Surveillance Products. Annual Turnover (2007) : US$ 133.5 Million Consecutive profitable years
Slide 2: 2006 Taiwan Superior Brand
2006 Taiwan Superior Brand • Based on the evaluation by the 2006 Taiwan Superior Brand committee, the company is awarded for its outstanding performance and innovation in research and development, product quality, branding strategy, 3 and branding achievement. AVerMedia Wins 2007 Corporate Social Re
Slide 3: 2008 Taiwan Excellence Gold Award
2008 Taiwan Excellence Gold Award AVerMedia won the recognition of Taiwan Excellence Gold Awards with the new AVerVision SPB350 simplicity yet rich functionalities and user-friendly operation. Best Choice of COMPUTEX TAIPEI 2008 AVerTV Volar GPS805 is the world’s first DVB-T USB dongle receiver with
Slide 4: 2008 CES Innovations Design & Engineering Award
2008 CES Innovations Design & Engineering Award AVerTV Hybrid NanoExpress AVerTV Hybrid Volar MAX AVerTV Hybrid Volar MAX and AVerTV Hybrid NanoExpress were both selected as CES 2008 Innovations Design and Engineering Award Winner in the Video Accessories category. Each year, CES Innovations award w
Slide 5: Global Marketing & Service Network; 2008 1st Half Financial Results
Global Marketing & Service Network Netherlands, Moscow, Amsterdam Russia Ruesselsheim, Milton Keynes, Frankfurt, London, Germany UK Shanghai Paris, China France Tokyo Japan Taipei, Madrid, Taiwan Spain Milpitas, Bangkok , CA Thailand USA Subsidiaries and Global Network of Distributors, System Integr
Slide 6: 2007 Annual Financial Results
2007 Annual Financial Results Performance Comparison of 2007 to that of 2006 & 2005 Amount : US$ k 2007 2006 2005 Net Sales 133,641 100 % 104,773 100 % 90,191 100 % COGS (71,113) (53)% (58,874) (56)% (49,806) (55)% GP 62,528 47 % 45,898 44 % 40,385 45 % Operating Expense (35,375) (26)% (29,965) (29)
Slide 7: Key Financial Indicators
Key Financial indicators (Before Staffs’ bonus and remuneration to the Board members) 2008-1st Half 2008-1st Half 2007 2006 2005 ROE 19.61 % 18.13 % 24.31 % 17.24 % 16.82 % ROA 14.15 % 12.85 % 19.53 % 12.93 % 11.86 % AR Turnover 52 days 56 days 57 days 60 days Inventory Turnover 79 days 107 days 86
Slide 8: Breakdown of ROE
Breakdown of ROE 30.00 % 180.00 % 154.29 % 141.67 % 141.81 % 141.13 % 160.00 % 133.35 % 124.52 % 25.00 % 126.92 % 140.00 % 20.00 % 120.00 % 90.49 % 88.66 % 89.27 % 91.42 % 72.32 % 79.37 % 100.00 % 15.00 % 72.52 % 80.00 % 10.00 % 60.00 % 22.60 % 16.82 % 24.31 % 18.13 % 12.71 % 17.91 % 17.24 % 40.00 %
Slide 9: Dividends Distribution; Product Portfolio
Dividends distribution 5 4.77 4.5 EPS 4 Cash 3.5 Stock 3.26 3.00 3.04 3 2.34 2.5 2 1.43 1.5 1.02 1 0.5 0 2001 2002 2003 2004 2005 2006 2007 Year Cash Stock Total 2007 2.20 73 % 0.80 27 % 3.00 2006 2.00 85 % 0.365 15 % 2.365 2005 1.37 58 % 1.00 42 % 2.37 2004 1.57 55 % 1.26 45 % 2.83 2003 1.52 60 % 1
Slide 10: External Marketing Trend; ODM Solution
External marketing trend • Multimedia Products – Strong demand in Notebook PCs: annual demand of around 95 million sets ( less than 2% of attachment rate of TV Tuner in Notebook PCs except Japan) 19 ODM solution Hybrid Mini card DVB-T Mini card DVB-H Mini card DVB-H SDIO Hybrid Mini PCI Analog World
Slide 11: MiniPCI TV Tuner Card for NB
MiniPCI TV Tuner card for NB 21 ODM main customers 22 11
Slide 12: Analog TV Tuner / PVR; Hybrid TV Tuner Card
Analog TV Tuner / PVR Watch, Record & Enjoy TV / Video on PC Desktop PC Solution Notebook PC Solution AVerTV (Studio) 503 AVerMedia AVerTV PVR AVerTV Hybrid Express Slim AVerTV USB MCE High-Quality TV Tuner Card TV Tuner Card, H/W compression Express Tuner Card USB TV Tuner, H/W compression 23
Slide 13: Viiv & Windows Vista
Viiv & Windows Vista • Microsoft launched Windows Vista at the beginning of 2007. • Most significantly, Windows Vista includes all of the Windows Media Center capabilities for turning your PC into an all-in-one home entertainment center. Windows Media Center in Windows Vista provides new ways for yo
Slide 14: Watch DVB-H TV Solution; External TV Tuner Box
Watch DVB-H TV Solution South of Taiwan starts broadcasting to enter into the trial stage. AVerMedia provides DVB-H platform as part of the solutions. 27 External TV Tuner BOX Watch Digital Terrestrial TV on PC Monitor/TV or AVerTV DVB-T STB7 Digital Terrestrial TV Set-top-Box Watch Analog TV /
Slide 15: Portable Document Camera
Portable Document Camera Display 3D Objects or Documents on Projector / Monitor / TV AVerVision SPC300 Digital Portable DocCam Super High Quality, Fast Auto Focus, PIP & Spilt Screen, 48X total ZOOM Portable Gooseneck Portable Mechanical Arm Portable Dual Arm Platform DocCam • AVerVision CP130 • A
Slide 16: Document Camera Applications
Document Camera Applications 31 Top 10 wish list as selected by Americans in education field 32 16
Slide 17: AVerDigi Surveillance
AVerDigi Surveillance AVerDiGi NV7000H AVerDiGi NV6480 Express AVerDiGi NV5000 -Single 8 Ch. DVR card, -Single 16 Ch. DVR PCI Express, -Up to 16 Ch.,120~240fps 240fps display/recording, 480fps display/recording display/recording, remote H/W H264 compression monitoring via internet or PDA NV Series W
Slide 18: Surveillance Application; Internal Organization Capability
Surveillance Application The AVerDiGi Central Monitoring System Software (CM3000)enables users to access and monitor multiple DVRs simultaneously for a wide range of applications. Features include: instant notification on DVR latest status or events, supports remote PTZ and I/O control for alarm eve
Slide 19: Culture and Technology
Culture • Core Value – Down-to-Earth – Value Creation •Culture •Technology – Self- Devotion •Brand – Service to Society • Humanity- Self Awareness / Transcendence / Honesty & Integrity 37 Technology – Video conversion between analog and digital – Leading technology for TV tuners in the field of Note
Slide 20: Brand; Presentation Products Potential Market Size
Brand • MultiMedia products: Brand premium in certain geographical areas, like Spain, Russia and East Europe etc. • DoCam: Distinguished as one of the first movers with strong presence in K-12. Education market in the U.S. with brand recognition inherited from the glamour of previous product lines.
Slide 21: Quality & Environment Management; Q&A
Quality & Environment Management ISO 14001 Environment Manage System - Lead – Free Process (by the end of 2006) ISO9001: 2000 Version Quality System OHSAS:18001 Passed the Quality System Audit by first tier companies. 41 Q&A 21
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