Slide 1: Catcher Technology 2015 Q3 Earnings Conference
Catcher Technology 2015 Q3 Earnings Conference 2015/11/06 Investor Relations 20130805
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: 3Q15 Business Review
3Q15 Business Review Catcher Confidential 2015
Slide 4: 3Q 2015 vs. 2Q 2015 P/L
3Q 2015 vs. 2Q 2015 P/L 3Q15 2Q15 (In NTD mn) Amount % Amount % q-q Revenue 21,405 100.0% 20,129 100.0% 6.3% Gross Profit 9,958 46.5% 9,548 47.4% 4.3% Op. Expenses 2,333 10.9% 2,039 10.1% 14.4% Op. Profit 7,625 35.6% 7,509 37.3% 1.5% NPBT 10,981 51.3% 8,161 40.5% 34.5% NPAT 8,154 38.1% 5,247 26.1% 5
Slide 5: 3Q 2015 vs. 3Q 2014 P/L
3Q 2015 vs. 3Q 2014 P/L 3Q15 3Q14 (In NTD mn) Amount % Amount % y-y Revenue 21,405 100.0% 14,529 100.0% 47.3% Gross Profit 9,958 46.5% 7,094 48.8% 40.4% Op. Expenses 2,333 10.9% 1,637 11.3% 42.5% Op. Profit 7,625 35.6% 5,457 37.6% 39.7% NPBT 10,981 51.3% 6,293 43.3% 74.5% NPAT 8,154 38.1% 4,811 33.1
Slide 6: 9M 2015 vs. 9M 2014 P/L
9M 2015 vs. 9M 2014 P/L 9M15 9M14 (In NTD mn) Amount % Amount % y-y Revenue 58,934 100.0% 38,264 100.0% 54.0% Gross Profit 27,615 46.9% 17,954 46.9% 53.8% Op. Expenses 6,238 10.6% 4,132 10.8% 51.0% Op. Profit 21,377 36.3% 13,823 36.1% 54.7% NPBT 25,392 43.1% 15,588 40.7% 62.9% NPAT 18,053 30.6% 11,4
Slide 7: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin 60.0% Sales Revenues (NT$ mn) Gross Margin 22,000 52.3% 21,405 49.2% 50.0% 48.8% 47.9% 47.4% 47.1% 46.3% 46.5% 45% 45.2% 44.5% 44.5% 46.6% 20,129 42.0% 41.7% 41.7% 41.7% 17,400 41.2% 17,014 17,000 40.0% 41.3% 40.0% 14,529 13,115 13,319 30.0% 12,000 10,773 10,46010,438 1
Slide 8: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 38.7% 40.0% 37.6% 7,509 37.6% 7,625 36.5% 7,500 36.2% 37.3% 35.0% 34.6% 34.6% 34.0% 34.7% 35.9% 35.6% 31.9% 31.4% 31.7% 6,500 30.4% 31.1% 30.8% 30.0% 6,2026,243 28.4% 5,457 25.0% 5,500 5,157 20.0% 4,533 4,500 4,1
Slide 9: 2000-9M15 EPS Trend
2000-9M15 EPS Trend 25 23.52 23.43 20 18.38 15.68 14.93 15 14.4 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 9M15 9 Catcher Confidential 2015
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 3Q15 2Q15 3Q14 Total Assets 161,048 100% 145,370 100% 118,769 100% Cash 49,004 30% 43,348 30% 48,192 41% Current Asset 93,129 58% 82,067 56% 72,199 61% Fixed Asset 58,185 36% 54,120 37% 35,473 30% Total Liabilities 50,306 31% 46,211 32% 33,359 28% Curren
Slide 11: Cash Flow
Cash Flow (NT$ mn) 9M15 9M14 Beginning Balance 48,119 39,378 Cash from operating activities 14,079 19,409 Depreciation & Amortization 7,164 4,371 Cash from investing activities (16,090) (5,722) Capital Expenditure (16,735) (10,020) Cash from financing activities 1,684 (5,537) Short-term & Long-term
Slide 12: Appendix
Appendix Catcher Confidential 2015
Slide 13: Annual Revenue (2000 ~ 2014)
Annual Revenue (2000 ~ 2014) Sales Revenue (NT$ bn) 60 55.28 50 43.25 40 CAGR=31.5% 37.03 35.9 30 21.85 20 18.09 19.05 16.99 15.14 9.59 10 5.01 3.4 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 13 Catcher Confidential 2015
Slide 14: Gross Margin & Net Profit (2000~ 2014)
Gross Margin & Net Profit (2000~ 2014) 60.0% 20,000 Net Profit (NT$bn) Gross Margin 17,877 18,000 52.2% 50.0% 50.5% 48.1% 47.0% 47.2% 16,000 47.1% 43.6% 43.3% 42.4% 42.5% 14,000 41.5% 13,801 40.0% 39.9% 35.5% 36.4% 12,000 35.3% 10,665 10,812 30.0% 10,000 8,000 7,216 20.0% 6,470 6,000 4,361 4,447 3,7
Slide 15: 2014 vs. 2013 Consolidated P/L
2014 vs. 2013 Consolidated P/L 2014 2013 (In NTD mn) Amount % Amount % y-y Revenue 55,277 100.0% 43,246 100.0% 27.8% Gross Profit 26,101 47.2% 18,321 42.4% 42.5% Op. Expenses 6,076 11.0% 4,405 10.2% 37.9% Op. Profit 20,025 36.2% 13,916 32.2% 43.9% NPBT 23,545 42.6% 17,528 40.5% 34.3% NPAT 17,877 32.
Slide 16: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 16 Catcher Confidential 2015