Catcher Technology Co., Ltd. · TWSE:2474
Catcher Technology — Q1 2021 Earnings Presentation
13 slides from Catcher Technology's earnings presentation, May 5, 2021
Slide 1: Catcher Technology 2021 Q1 Earnings Results
Catcher Technology 2021 Q1 Earnings Results 2021/05 CATCHER confidential
Slide 2: Disclaimer
Disclaimer • This presentation contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects” , “anticipates”,
Slide 3: 1Q21 Financial Summary
1Q21 Financial Summary • Revenue NT$12.6bn, -32.4% q-q and -28.3% yoy as Taizhou subsidiaries divestment was completed by end-2020 and no revenue contribution starting from year 2021. • GM 31.8%, +1.7% q-q and +7.4% y-y mainly due to product mix. • OPM 22.2%, +4.3% q-q and +6.1% y-y due to GM improv
Slide 4: 1Q21 vs. 4Q20 P/L
1Q21 vs. 4Q20 P/L 1Q21 4Q20 (In NTD mn) Amount % Amount % qoq Revenue 12,629 100.0% 18,683 100.0% -32.4% GP 4,019 31.8% 5,628 30.1% -28.6% OPEX 1,216 9.6% 2,290 12.3% -46.9% OP 2,803 22.2% 3,338 17.9% -16.0% Non-OP 752 6.0% 24,002 128.5% -96.9% NPBT 3,555 28.2% 27,340 146.3% -87.0% NPAT 2,513 19.9%
Slide 5: 1Q21 vs. 1Q20 P/L
1Q21 vs. 1Q20 P/L 1Q21 1Q20 (In NTD mn) Amount % Amount % yoy Revenue 12,629 100.0% 17,616 100.0% -28.3% GP 4,019 31.8% 4,291 24.4% -6.3% OPEX 1,216 9.6% 1,457 8.3% -16.5% OP 2,803 22.2% 2,834 16.1% -1.1% Non-OP 752 6.0% 2,544 14.4% -70.4% NPBT 3,555 28.2% 5,379 30.5% -33.9% NPAT 2,513 19.9% 3,923 2
Slide 6: Revenue & GM
Revenue & GM Revenue (NT$ mn) GM 35,000 60.0% 32,794 31,933 30,000 29,165 27,817 50.0% 49.0% 27,422 48.1% 43.5% 42.6% 25,090 25,000 42.3% 23,668 41.7% 42.4% 22,538 40.0% 36.7% 20,406 20,755 20,000 18,500 18,683 17,616 31.8% 30.0% 15,804 16,075 28.9% 30.1% 25.4% 14,580 15,000 23.1% 22.9% 25.4% 24.4%
Slide 7: OP & OPM
OP & OPM 14,000 45.0% OP (NT$ mn) OPM 38.1% 11,867 40.0% 12,000 36.7% 36.2% 33.4% 35.0% 32.6% 32.4% 33.0% 10,000 9,165 30.0% 27.2% 8,287 7,944 8,000 25.0% 7,049 22.7% 6,654 6,719 18.0% 22.2% 6,000 5,744 20.0% 5,352 5,380 17.9% 15.4% 16.1% 15.0% 4,466 15.0% 16.1% 4,000 3,384 3,338 9.1% 2,834 2,803 10
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet (In NT$ mn) 1Q21 4Q20 1Q20 Total Assets 250,872 100% 255,903 100% 244,143 100% Cash 20,657 8% 111,883 44% 117,895 48% Current Asset 198,278 79% 201,877 79% 195,578 80% Fixed Asset 21,187 8% 22,568 9% 38,783 16% Total Liabilities 90,325 36% 97,832 38% 92,047 38% Current Lia
Slide 9: Consolidated Cash Flow
Consolidated Cash Flow (NT$ mn) 1Q21 1Q20 Beginning Balance 111,883 69,017 Cash from operating activities - 569 8,007 Depreciation & Amortization 1,419 2,812 Cash from investing activities - 89,822 39,218 Capital Expenditure - 142 - 367 Cash from financing activities - 428 1,511 Short-term & Long-te
Slide 10: Appendix
Appendix
Slide 11: Revenue Trend (2000 - 2020)
Revenue Trend (2000 - 2020) Revenue (NT$ bn) 120 100 95.42 93.30 91.63 82.41 82.51 79.11 80 60 55.28 43.25 40 35.91 37.03 21.85 20 18.09 19.05 16.99 15.14 9.59 3.42 5.01 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 CATCHER
Slide 12: EPS Trend (2000 - 2020)
EPS Trend (2000 - 2020) 40 Unit: NTD 36.31 35 32.61 30 28.58 28.35 27.65 25 23.52 20 18.38 15.68 14.93 14.4 14.63 15 13.93 13.29 10 9.25 7.25 6.34 6.66 5.01 5 4.3 2.4 2.44 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 CATCHER confidential
Slide 13: Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Kristen Fang 方文妍 Elaine Liao 廖乙霖 +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential