Slide 1: Catcher Technology 2017 Q4 Earnings Results
Catcher Technology 2017 Q4 Earnings Results 2018/3/5 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”, “
Slide 3: 4Q17 Financial Summary
4Q17 Financial Summary • Q4 Rev/GP/OP/EBITDA all hit historical high. • Rev up 19.6% qoq / 36.6% yoy; thanks to the strong demand from all product segments (Smartphone, NB & tablet PC). • GP up 22.2% qoq / 18.6% yoy; GPM 43.5%, a 0.9% increase from Q3, thanks to better efficiency & cost control. • O
Slide 4: 2017 Financial Summary
2017 Financial Summary • Rev/GP/OP/EBITDA all hit historical high for any single year. • Core operation & cash flows continue to improve; demonstrating good execution capabilities & sustainability. • Sales Rev. NT$ 93.3bn, up 17.9% yoy; thanks to strong growth form all product segments, especially i
Slide 5: 4Q17 vs. 3Q17 P/L
4Q17 vs. 3Q17 P/L 4Q17 3Q17 (In NTD mn) Amount % Amount % qoq Revenue 32,794 100.0% 27,422 100.0% 19.6% GP 14,258 43.5% 11,671 42.6% 22.2% OPEX 2,391 7.3% 2,506 9.1% -4.6% OP 11,867 36.2% 9,165 33.4% 29.5% NPBT 11,896 36.3% 10,801 39.4% 10.1% NPAT 8,271 25.2% 7,388 26.9% 12.0% EPS (NTD) $ 10.73 $ 9.
Slide 6: 4Q17 vs. 4Q16 P/L
4Q17 vs. 4Q16 P/L 4Q17 4Q16 (In NTD mn) Amount % Amount % yoy Revenue 32,794 100.0% 24,016 100.0% 36.6% GP 14,258 43.5% 12,020 50.0% 18.6% OPEX 2,391 7.3% 2,195 9.1% 8.9% OP 11,867 36.2% 9,824 40.9% 20.8% NPBT 11,896 36.3% 13,836 57.6% -14.0% NPAT 8,271 25.2% 9,528 39.7% -13.2% EPS (NTD) $ 10.73 $ 1
Slide 7: 2017 vs. 2016 P/L
2017 vs. 2016 P/L 2017 2016 (In NTD mn) Amount % Amount % yoy Revenue 93,296 100.0% 79,114 100.0% 17.9% GP 41,970 45.0% 34,398 43.5% 22.0% OPEX 8,536 9.1% 6,907 8.7% 23.6% OP 33,433 35.8% 27,491 34.7% 21.6% NPBT 32,745 35.1% 32,625 41.2% 0.4% NPAT 21,843 23.4% 22,020 27.8% -0.8% EPS (NTD) $ 28.35 $
Slide 8: Revenue & GM
Revenue & GM 32,794 60.0% 32,000 Revenue (NT$ mn) GM 50.0% 52.3% 44.9% 49.2% 27,422 50.0% 27,000 48.8% 47.4% 46.3% 49.0% 47.1% 47.9% 42.6% 44.5% 48.1% 44.8% 45.2% 44.5% 46.5% 46.6% 41.7% 24,016 42.6% 23,479 42.8% 43.5% 42.0% 41.2% 41.7% 41.7% 41.3% 40.0% 40.0% 22,000 36.1% 20,731 21,405 20,129 18,50
Slide 9: OP & OPM
OP & OPM 45.0% 42.1% OP (NT$ mn) OPM 40.9% 11,867 38.7% 40.0% 11,500 37.6% 38.1% 37.6% 37.3% 36.2% 36.7% 36.5% 35.6% 36.2% 34.6% 34.7% 34.7% 34.0% 35.9% 34.5% 33.6% 33.4% 35.0% 31.9% 31.4% 9,824 31.7% 34.3% 9,500 30.4% 9,165 31.1% 30.0% 28.4% 30.8% 28.0% 8,048 7,625 25.0% 7,500 7,509 6,956 7,049 6,2
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet (In NT$ mn) 4Q17 3Q17 4Q16 Total Assets 213,864 100% 201,337 100% 186,348 100% Cash 17,017 8% 18,350 9% 29,667 16% Current Asset 151,436 71% 141,475 70% 127,943 69% Fixed Asset 52,066 24% 48,717 24% 51,055 27% Total Liabilities 80,729 38% 75,925 38% 63,518 34% Current Liab
Slide 11: Consolidated Cash Flow
Consolidated Cash Flow (NT$ mn) 2017 2016 Beginning Balance 29,667 65,679 Cash from operating activities 32,862 24,248 Depreciation & Amortization 10,666 11,167 Cash from investing activities - 45,280 - 65,977 Capital Expenditure - 13,192 - 8,524 Cash from financing activities 1,403 7,457 Short-term
Slide 12: Appendix
CATCHER APPENDIX Confidential 2018
Slide 13: Revenue Trend (2000 - 2017)
Revenue Trend (2000 - 2017) Revenue (NT$ bn) 100 93.30 90 82.41 80 CAGR=29.2% 79.11 70 60 55.28 50 43.25 40 37.03 35.91 30 21.85 18.09 19.05 20 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 2015 2016 2017 Confidential 2018 13
Slide 14: EPS Trend (2000 - 2017)
EPS Trend (2000 - 2017) 35 32.61 30 28.58 28.35 25 23.52 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 2015 2016 2017 Confidential 2018 14
Slide 15: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Nicole Lee 李品瑛 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com Confidential 2018 15