Slide 1: Catcher Technology 2020 Q1 Earnings Results
Catcher Technology 2020 Q1 Earnings Results 2020/04 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: 1Q20 Financial Summary
1Q20 Financial Summary • Rev. NT$17.6bn, -44.8% q-q due to seasonality and Corona virus; +11.5% y-y driven by demand recovery. • GM 24.4%, -1.0% q-q and y-y mainly due to production disruption impacted by the virus. • OPM 16.1%, -1.9% q-q, but +0.7% y-y due to lower OPEX. • NPBT 5.4bn, +10.2% q-q/ +
Slide 4: 1Q20 vs. 4Q19 P/L
1Q20 vs. 4Q19 P/L 1Q20 4Q19 (In NTD mn) Amount % Amount % qoq Revenue 17,616 100.0% 31,933 100.0% -44.8% GP 4,291 24.4% 8,118 25.4% -47.1% OPEX 1,457 8.3% 2,374 7.4% -38.7% OP 2,834 16.1% 5,744 18.0% -50.7% Non-OP 2,544 14.4% - 865 -2.7% n.m. NPBT 5,379 30.5% 4,879 15.3% 10.2% NPAT 3,923 22.3% 3,449
Slide 5: 1Q20 vs. 1Q19 P/L
1Q20 vs. 1Q19 P/L 1Q20 1Q19 (In NTD mn) Amount % Amount % yoy Revenue 17,616 100.0% 15,804 100.0% 11.5% GP 4,291 24.4% 4,007 25.4% 7.1% OPEX 1,457 8.3% 1,575 10.0% -7.5% OP 2,834 16.1% 2,432 15.4% 16.5% Non-OP 2,544 14.4% 652 4.1% 290.2% NPBT 5,379 30.5% 3,084 19.5% 74.4% NPAT 3,923 22.3% 1,696 10.7
Slide 6: Revenue & GM
Revenue & GM Revenue (NT$ mn) GM 35,000 60.0% 32,794 31,933 30,000 50.0% 29,165 27,817 50.0% 48.1%27,422 49.0% 25,090 43.5% 42.6% 42.3% 25,000 42.8% 24,016 42.6% 42.4% 41.7% 40.0% 36.7% 36.1% 20,731 20,406 20,755 20,000 18,500 17,524 17,616 16,843 30.0% 15,804 16,075 14,580 15,000 25.4% 23.1% 23.1%
Slide 7: OP & OPM
OP & OPM 14,000 45.0% OP (NT$ mn) OPM 40.9% 38.1% 11,867 40.0% 12,000 36.7% 36.2% 34.5% 33.6% 33.4% 35.0% 32.6% 32.4% 9,824 33.0% 10,000 9,165 28.0% 30.0% 27.2% 8,287 7,944 8,000 25.0% 6,956 7,049 6,654 6,719 5,804 5,744 20.0% 6,000 5,352 18.0% 4,906 16.1% 4,466 16.1% 15.0% 15.4% 4,000 9.1% 2,834 10
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet (In NT$ mn) 1Q20 4Q19 1Q19 Total Assets 244,143 100% 243,114 100% 251,586 100% Cash 117,895 48% 69,017 28% 11,233 4% Current Asset 195,578 80% 191,845 79% 191,200 76% Fixed Asset 38,783 16% 41,297 17% 50,182 20% Total Liabilities 92,047 38% 94,526 39% 96,435 38% Current Li
Slide 9: Consolidated Cash Flow
Consolidated Cash Flow (NT$ mn) 1Q20 1Q19 Beginning Balance 69,017 29,305 Cash from operating activities 7,640 2,766 Depreciation & Amortization 2,812 3,152 Cash from investing activities 39,218 - 22,274 Capital Expenditure - 367 - 1,679 Cash from financing activities 1,511 1,459 Short-term & Long-t
Slide 10: Appendix
Appendix
Slide 11: Revenue Trend (2000 - 2019)
Revenue Trend (2000 - 2019) Revenue (NT$ bn) 120 100 95.42 93.30 CAGR=25.7% 91.63 82.41 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 CATCHER
Slide 12: EPS Trend (2000 - 2019)
EPS Trend (2000 - 2019) 40 36.31 35 32.61 30 28.58 28.35 25 23.52 20 18.38 15.68 14.93 14.4 14.63 15 13.93 13.29 10 9.25 7.25 6.66 6.34 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 CATCHER confidential 12
Slide 13: Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Kristen Fang 方文妍 Teresa Wang 王彤 +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential