Slide 1: Catcher Technology 2015 Q4 Earnings
Catcher Technology 2015 Q4 Earnings 2016/02/25 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: 4Q15 Business Review
4Q15 Business Review Catcher Confidential 2016
Slide 4: 4Q 2015 vs. 3Q 2015 P/L
4Q 2015 vs. 3Q 2015 P/L 4Q15 3Q15 (In NTD mn) Amount % Amount % q-q Revenue 23,479 100.0% 21,405 100.0% 9.7% Gross Profit 10,532 44.9% 9,958 46.5% 5.8% Op. Expenses 2,483 10.6% 2,333 10.9% 6.5% Op. Profit 8,048 34.3% 7,625 35.6% 5.6% NPBT 9,305 39.6% 10,981 51.3% -15.3% NPAT 7,068 30.1% 8,154 38.1%
Slide 5: 4Q 2015 vs. 4Q 2014 P/L
4Q 2015 vs. 4Q 2014 P/L 4Q15 4Q14 (In NTD mn) Amount % Amount % y-y Revenue 23,479 100.0% 17,014 100.0% 38.0% Gross Profit 10,532 44.9% 8,147 47.9% 29.3% Op. Expenses 2,483 10.6% 1,945 11.4% 27.7% Op. Profit 8,048 34.3% 6,202 36.5% 29.8% NPBT 9,305 39.6% 7,956 46.8% 17.0% NPAT 7,068 30.1% 6,438 37.8
Slide 6: 2015 vs. 2014 P/L
2015 vs. 2014 P/L 2015 2014 (In NTD mn) Amount % Amount % y-y Revenue 82,413 100.0% 55,277 100.0% 49.1% Gross Profit 38,147 46.3% 26,101 47.2% 46.1% Op. Expenses 8,721 10.6% 6,076 11.0% 43.5% Op. Profit 29,426 35.7% 20,025 36.2% 46.9% NPBT 34,697 42.1% 23,545 42.6% 47.4% NPAT 25,121 30.5% 17,877 32.
Slide 7: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin 60.0% Sales Revenues (NT$ mn) Gross Margin 23,479 22,000 52.3% 21,405 49.2% 50.0% 48.8% 47.9% 47.4% 46.5% 47.1% 46.3% 45% 45.2% 44.5% 44.5% 46.6% 44.9% 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 1
Slide 8: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 38.7% 8,048 40.0% 37.6% 7,509 37.6% 7,625 36.5% 7,500 36.2% 37.3% 34.9% 34.6% 34.7% 35.9% 35.0% 34.0% 35.6% 34.3% 31.9% 31.4% 31.7% 30.4% 30.8% 6,202 6,243 6,500 31.1% 30.0% 28.4% 5,457 25.0% 5,500 5,157 20.0% 4,
Slide 9: 2000-2015 EPS Trend
2000-2015 EPS Trend 35 32.61 30 25 23.52 20 18.38 15.68 14.93 14.4 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 9 Catcher Confidential 2016
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 4Q15 3Q15 4Q14 Total Assets 171,580 100% 161,048 100% 136,965 100% Cash 65,679 38% 49,004 30% 48,119 35% Current Asset 103,551 60% 93,129 58% 79,878 58% Fixed Asset 58,738 34% 58,185 36% 45,405 33% Total Liabilities 55,614 32% 50,306 31% 40,876 30% Curre
Slide 11: Cash Flow
Cash Flow (NT$ mn) 2015 2014 Beginning Balance 48,119 39,378 Cash from operating activities 33,240 26,983 Depreciation & Amortization 9,986 6,067 Cash from investing activities (19,128) (15,880) Capital Expenditure (19,846) (20,212) Cash from financing activities 2,732 (5,479) Short-term & Long-term
Slide 12: Appendix
Appendix Catcher Confidential 2016
Slide 13: Annual Revenue (2000 ~ 2015)
Annual Revenue (2000 ~ 2015) Sales Revenue (NT$ bn) 90 82.41 80 70 60 CAGR=32.6% 55.28 50 43.25 35.9 37.03 40 30 21.85 20 18.09 19.05 16.99 15.14 9.59 10 5.01 1.85 3.4 1.19 1.01 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 13 Catcher Confidential 2016
Slide 14: Gross Margin & Net Profit (2000~ 2015)
Gross Margin & Net Profit (2000~ 2015) 60.0% 30,000 Net Profit (NT$bn) Gross Margin 52.2% 25,121 50.0% 50.5% 25,000 48.1% 47.0% 47.2% 46.3% 47.1% 43.6% 43.3% 42.4% 42.5% 41.5% 40.0% 39.9% 20,000 35.5% 17,877 36.4% 35.3% 30.0% 15,000 13,801 10,665 10,812 20.0% 10,000 7,216 6,470 10.0% 4,361 4,447 5,0
Slide 15: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 15 Catcher Confidential 2016