Cirtek Holdings Philippines Corporation · PSE:TECH
Cirtek Holdings Philippines — Investor Presentation (July 2021)
27 slides from Cirtek Holdings Philippines's investor presentation, Jul 12, 2021
Slide 1: Disclaimer
Disclaimer This presentation does not constitute a prospectus or other offering memorandum in whole or in part or an offer to sell or the solicitation of an offer to buy any securities or financial instruments of the Company and/or any of its subsidiaries and/or affiliates, nor shall this presentati
Slide 2: Cirtek Holdings Philippines Corporation (CHPC) Management Presentation
Cirtek Holdings Philippines Corporation (CHPC) Management Presentation July 12, 2021
Slide 3: Cirtek Milestones and Business Track Record
Cirtek Milestones and Business Track Record CIRTEK is 35 YEARS on going business with a proven track record of impressive growth, strong management team, annual dividend declaration to shareholders. With our Rich business experience, CIRTEK can weather an economic slow down, recession and financial
Slide 4: Table of Contents
Table of Contents CTK Business Updates CATSI Business Updates Quintel Business Updates Financial Highlights ©2021 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 4
Slide 5: CEC: A One-Stop Shop for World-Class Turnkey Solutions
CEC: A One-Stop Shop for World-Class Turnkey Solutions CIRTEK The leader in semiconductors Electronics Corp. Leading Independent subcontractor for semiconductor assembly, test, and packaging services in the Philippines. Applications / end users Provides turnkey solutions that encompasses the whole p
Slide 6: Global Semiconductor Market Segment
GLOBAL SEMICONDUCTOR MARKET SEGMENT ➢ The Integrated Cirucit (IC) industry is the market segment that CIRTEK Is engage with ✓ The worldwide IC market is expected to display an increase of 20% to 24% growth in 2021 according to WSTS source. ✓ The growth drivers will come from general purpose applicat
Slide 7: Cirtek Semiconductor Volume Growth After Pandemic
CIRTEK SEMICONDUCTOR VOLUME GROWTH AFTER PANDEMIC ❑ After the Covid 19 in 2020, Cirtek business is picking up since Q1 2021 ▪ Cirtek shipped 560Mu in H1-2021 versus 480Mu target or 16% better VS Plan ▪ Has been getting inquiries for capacity expansion since Q12021 ▪ Certain products already fully bo
Slide 8: Cirtek Business Drivers in 2021 Forward / Business Wins 2021
CIRTEK BUSINESS DRIVERS IN 2021 FORWARD CIRTEK BUSINESS WINS 2021 ©2021 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 8
Slide 9: Cirtek Press Release: Chip Demand Outpaces Supply
Cirtek Press Release Cirtek Chip Demand Outpaces Supply ❑ As quoted from the Integrated Circuit (IC) Insight’s market research report, the worldwide IC market is expected to display an increase of 24% growth this year which will be driven by a 21% jump in shipments and a 2% increase in average selli
Slide 10: Table of Contents
Table of Contents CTK Business Updates CATSI Business Updates Quintel Business Updates Financial Highlights ©2020 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 10
Slide 11: CATSI Business Overview
CATSI Business Overview Overview Customer List Production Facilities • Over 25 years in design, manufacturing, packaging, and testing. • One of only a handful of independent RF/MW/MM companies in the world • Primary sells integrated circuits principally to the U.S. Biñan Production Facility • Manufa
Slide 12: CATSI Products and Business Application
CATSI Products and Business Application Products Uses Business Applications • Split-type Microwave Radios • Microwave Backhaul Radio Links • Wireless Telecommunication • All Outdoor Internet Protocol Radios • High-capacity Millimeter Wave Radio • Satellite Communication Systems • Gigabit Millimeterw
Slide 13: CATSI Business Opportunity and Growth Potential
CATSI Business Opportunity and Growth Potential ❑ Revenue growth driven by strong demand for Radio Frequency (RF) / Microwave / Millimeterwave products in the telecoms, consumer, defense, security, satcom, and imaging end markets ➢ Managed to secure Blanket Purchase Orders (BPOs) from 2 major US cus
Slide 14: Table of Contents
Table of Contents CTK Business Updates CATSI Business Updates Quintel Business Updates Financial Highlights ©2020 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 14
Slide 15: Quintel Background
Quintel Background • UK Defense R&D Origins • Holds Rich Intellectual Property Patents • Technology Commercialized in 2007 Best Quality Optimized SPR(1) & C/I(2) Smallest Form Factor / Lowest Wind-Loading Independent Tilt per Band Maximum Service Optimization ©2021 Cirtek Holdings Philippines Corpor
Slide 16: 2021 Business Wins
2021 Business Wins • 5G new products approval secured • Extension of Master Supply Agreement (2021-2025) • Only one of two antenna vendors approved at both Major Telcos to date • Both Telcos rank #1 and #2 globally in terms of revenue ©2021 Cirtek Holdings Philippines Corporation. - Confidential & P
Slide 17: New Generation 5G Antenna Line / 6G R&D
New Generation 5G Antenna Line 6G R&D • Telco infra networks upgrade every decade • USA currently in transition to 5G • Preparation for 6G as next big wave ©2021 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 17
Slide 18: Press Release: Extension of Quintel USA Master Supply Agreement
Press Release Extension of Quintel USA Master Supply Agreement (MSA) ❑ Quintel USA, Inc., the Telecom Base Station Antenna unit under the holding firm, Cirtek Holdings Philippines Corporation (“Cirtek” or the “Company”), is pleased to announce the extension of its Master Supply Agreement with two (2
Slide 19: Table of Contents
Table of Contents CTK Business Updates CATSI Business Updates Quintel Business Updates Financial Highlights ©2020 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 19
Slide 20: Financial Highlights
Financial Highlights REVENUE In thousand US$ 150,000 100,000 14% 106,475 50,000 80,119 68,907 - 2018 2019 2020 EBITDA / EBITDA Margin In thousand US$ 25,000 40% 29% 20,000 24% 30% 15,000 19% 20% 10,000 20,452 19,661 19,658 5,000 10% - 0% 2018 2019 2020 9,000 11% 12% 8,000 10% 7,000 8% 6,000 10% 8% N
Slide 21: Cirtek Audited 2018-2020
Cirtek Audited 2018-2020 Financial summary Except for per share amounts (US$000s) ©2021 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 21
Slide 22: Cirtek 1Q 2020 vs 1Q 2021
Cirtek 1Q 2020 VS 1Q 2021 REVENUE In thousand US$ 22,800 22,600 2% 22,745 22,400 22,200 22,270 22,000 2020 2021 EBITDA / EBITDA Margin In thousand US$ 8,000 29% 30% 16% 29% 6,000 28% 4,000 26% 27% 5,760 6,665 26% 2,000 25% - 24% 2020 2021 4,000 16% 18% 3,500 16% 3,000 14% Net Income / Net Income Mar
Slide 23: Cirtek 1Q 2020 vs 1Q 2021 Financial Summary
Cirtek 1Q 2020 VS 1Q 2021 Financial summary Except for per share amounts (US$000s) Financial / operating performance commentary First quarter of 2021 financial results were higher than 2020 despite of COVID 2019 Pandemic. ▪ Consolidated sales of US$22.7 Mn, is 2% higher compared to US$22.3 Mn in 202
Slide 24: Thank you! Q&A
Thank you! Q&A ©2021 Cirtek Holdings Philippines Corporation. - Confidential & Proprietary 24
Slide 25: Frequently Asked Questions (FAQs)
Frequently Asked Questions (FAQs) What are Detachable Warrants? A warrant is a type of security that entitles the holder to subscribe to a company’s shares in the future, exercisable within one (1) to five (5) years from its issuance. Meanwhile, a detachable warrant is one that may be “detached” or
Slide 26: Frequently Asked Questions (FAQs)
Frequently Asked Questions (FAQs) When will the Bonus Detachable Warrants be received? The Bonus Detachable Warrants will be issued and will be tradable on the same Listing Date as the SRO shares. The Listing Date is expected to be on or around August 16, 2021. Can I only subscribe to the Bonus Deta
Slide 27: Other Frequently Asked Questions (FAQs)
Other Frequently Asked Questions (FAQs) What is a Stock Rights Offer? Stock Rights Offer (“SRO”) is a form of equity capital raising for a company wherein existing shareholders as of the record date are given the first opportunity to purchase newly issued shares in proportion to the existing shareho
Cirtek Holdings Philippines — Investor Presentation (July 2021) on 6ix