Slide 1: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing 2013 Q3 Earnings Conference 20131101 CATCHER
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”, “i
Slide 3: 3Q13 Business Review
3Q13 Business Review Catcher Confidential 2013
Slide 4: 3Q 2013 Consolidated P/L
3Q 2013 Consolidated P/L * IFRS * IFRS * IFRS (NTD MM) 3Q13 % 2Q13 % QoQ 3Q12 % YoY Revenue 10,438 100.0% 10,460 100.0% -0.2% 8,815 100.0% 18.4% Gross Profit 4,348 41.7% 4,652 44.5% -6.5% 3,700 42.0% 17.5% Op Exp. 1,103 10.6% 1,025 9.8% 7.6% 891 10.1% 23.8% Op Profit 3,245 31.1% 3,627 34.7% -10.5% 2
Slide 5: 2013 Q1~Q3 Consolidated P/L
2013 Q1~Q3 Consolidated P/L (NTD MM) 2013 Q1-Q3 % 2012 Q1-Q3 % YoY Revenue 30,130 100.0% 27,117 100.0% 11.1% Gross Profit 12,853 42.7% 11,620 42.9% 10.6% Op Exp. 3,050 10.1% 2,840 10.5% 7.4% Op Profit 9,803 32.5% 8,780 32.4% 11.6% NPBT 12,931 42.9% 8,826 32.5% 46.5% NPAT 10,329 34.3% 6,229 23.0% 65.
Slide 6: Quarterly Revenue
Quarterly Revenue (NT$ Million) Revenue x Gross Margin Rate 18000 60.0% 52.3% 15000 47.1% 46.3% 50.0% 45.2% 44.5% 44.5% 40.0% 41.1% 42.0% 41.7% 12000 41.7% 40.0% 10773 10460 10438 9646 9912 8897 9147 8815 9232 8656 9000 30.0% 7096 6000 20.0% 3000 10.0% 0 0.0% 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12
Slide 7: Operating Profit & Margins
Operating Profit & Margins Operating Profit & Margin Rate (NT$ Million) 50.0% 6000 42.1% 36.2% 37.6% 34.7% 40.0% 5000 34.6% 4533 31.9%34.0% 31.7% 28.5% 30.4% 4000 3627 31.1% 30.0% 3222 3441 3341 3371 3245 2814 2930 3000 2632 20.0% 2018 2000 10.0% 1000 0 0.0% 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (NTD MM) 3Q13 % 2Q13 % 3Q12 % Total Assets 99,608 100% 99,749 100% 98,206 100% Cash 33,161 33% 34,408 35% 40,685 42% Current Asset 59,677 60% 60,640 61% 63,657 65% Fixed Asset 34,905 35% 33,215 33% 30,228 31% 2.0% 2,220 2.0% 3.0% Total Liabilities 30,318 30% 32,478
Slide 9: Cash Flow
Cash Flow * IFRS (NTD MM) 2013 Q1-Q3 2012 Q1-Q3 Beginning Balance 45,400 35,542 Cash from operating activities 13,068 7,118 Capital expenditures (6,714) (4,663) Cash Dividends 0 0 Short-term & Long-term loans (14,942) 4,251 Proceeds from GDR & bonds 0 0 Others (3,651) (1,563) Ending Balance 33,161 4
Slide 10: Appendix
Appendix Catcher Confidential 2013
Slide 11: Annual Revenue (2000 ~ 2012)
Annual Revenue (2000 ~ 2012) NT$ Billion 50 45 40 37.03 35.9 35 30 CAGR = 30.3% 25 21.85 20 18.09 19.05 16.99 15.14 15 9.59 10 5.01 5 3.4 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Sales Revenue Catcher Confidential 2013 11
Slide 12: Gross Margin & Net Profit after Tax (2000~2012)
Gross Margin & Net Profit after TAX (2000~ 2012) Unit: NT Million ; % 16000 52.2% 50.5% 47.1% 50% 14000 48.1% 47.0% 43.6% 43.3% 42.5% 41.5% 39.9% 12000 36.4% 10,909 40% 35.3% 10,665 10000 35.5% 30% 8000 7,216 6,470 6000 20% 4,361 4,447 3,797 4000 3,331 10% 2000 1,735 983 252 305 327 0 0% 2000 2001 2
Slide 13: Thank you!
Thank you! 13 Catcher Confidential 2013