Slide 1: Catcher Technology 2014 Q3 Earnings Conference
Catcher Technology 2014 Q3 Earnings Conference 2014/11/06 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: 3Q14 Business Review
3Q14 Business Review Catcher Confidential 2014
Slide 4: 3Q 2014 Consolidated P/L
3Q 2014 Consolidated P/L 3Q14 2Q14 (In NTD mn) Amount % Amount % q-q Revenue 14,529 100.0% 13,319 100.0% 9.1% Gross Profit 7,094 48.8% 6,557 49.2% 8.2% Op. Expenses 1,637 11.3% 1,399 10.5% 17.0% Op. Profit 5,457 37.6% 5,157 38.7% 5.8% NPBT 6,293 43.3% 5,436 40.8% 15.8% NPAT 4,811 33.1% 3,644 27.4% 3
Slide 5: 3Q 2014 vs 3Q 2013 P/L
3Q 2014 vs 3Q 2013 P/L 3Q14 3Q13 (In NTD mn) Amount % Amount % y-y Revenue 14,529 100.0% 10,438 100.0% 39.2% Gross Profit 7,094 48.8% 4,348 41.7% 63.2% Op. Expenses 1,637 11.3% 1,103 10.6% 48.4% Op. Profit 5,457 37.6% 3,245 31.1% 68.2% NPBT 6,293 43.3% 3,415 32.7% 84.3% NPAT 4,811 33.1% 2,771 26.5%
Slide 6: 9M14 Consolidated P/L
9M14 Consolidated P/L 9M14 9M13 (In NTD mn) Amount % Amount % y-y Revenue 38,264 100.0% 30,130 100.0% 27.0% Gross Profit 17,954 46.9% 12,853 42.7% 39.7% Op. Expenses 4,132 10.8% 3,050 10.1% 35.5% Op. Profit 13,823 36.1% 9,803 32.5% 41.0% NPBT 15,588 40.7% 12,931 42.9% 20.5% NPAT 11,439 29.9% 10,329
Slide 7: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin (In NTD mn) Revenue x Gross Margin Rate 18000 60.0% 52.3% 49.2% 48.8% 15000 47.1% 46.3% 50.0% 45.2% 44.5% 44.5% 40.0% 41.1% 42.0% 41.7% 41.7%41.7% 14,529 41.3% 12000 13,319 40.0% 10,46010,438 10,773 9,646 9,912 13,11510,416 8,897 9,147 8,815 9,232 8,656 9000 30.0% 7,096
Slide 8: Operating Profit & Margins
Operating Profit & Margins Operating Profit & Margin Rate (In NTD mn) 50.0% 6000 42.1% 38.7% 37.6% 36.2% 37.6% 34.7% 40.0% 5000 34.6% 4,533 34.0% 31.7% 30.4% 31.9% 31.1%31.4% 30.8% 5,1575,457 4000 28.4% 3,627 30.0% 3,441 3,371 3,222 3,341 3,245 4,113 3,208 2,814 2,930 3000 2,632 20.0% 2,018 2000 10.
Slide 9: 2000-9M14 EPS Trend
2000-9M14 EPS Trend 20 18.38 18 16 15.68 14.93 15.11 14.4 13.93 14 13.29 12 10 9.25 8 7.25 6.66 6.34 6 5.01 4.3 4 2.4 2.44 2 0 EPS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 9M14 9 Catcher Confidential 2014
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 3Q14 2Q14 3Q13 Total Assets 118,769 100% 105,124 100% 99,608 100% Cash 48,192 41% 38,901 37% 33,161 33% Current Asset 72,199 61% 63,113 60% 59,677 60% Fixed Asset 35,473 30% 34,212 33% 34,905 35% Total Liabilities 33,359 28% 27,210 26% 30,318 30% Current
Slide 11: Cash Flow
Cash Flow (In NTD mn) 2014 9M 2013 9M Beginning Balance 39,378 45,400 Cash from operating activities 19,409 13,105 Capital expenditures (10,020) (7,278) Short-term & Long-term loans (5,480) (14,891) Others 4,905 (3,175) Ending Balance 48,192 33,161 EBITDA 18,194 13,592 Free Cash Flow 9,389 5,827 * E
Slide 12: Appendix
Appendix Catcher Confidential 2014
Slide 13: Annual Revenue (2000 ~ 2013) CAGR = 31.8%
Annual Revenue (2000 ~ 2013) NTD Billion 50 45 43.25 40 37.03 35 35.9 30 CAGR = 31.8% 25 21.85 20 18.09 19.05 16.99 15.14 15 9.59 10 5.01 5 3.4 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Sales Revenue Catcher Confidential 2014 13
Slide 14: Gross Margin & Net Profit (2000~ 2013)
Gross Margin & Net Profit (2000~ 2013) In NTD mn ; % 16000 52.2% 50.5% 47.1% 47.0% 13,801 50% 14000 43.6% 48.1% 42.5% 43.3% 41.5% 39.9% 12000 36.4% 42.4% 40% 35.3% 10,812 10000 35.5% 10,665 30% 8000 7,216 6,470 6000 20% 4,361 4,447 3,797 4000 3,331 10% 2000 1,735 983 252 305 327 0 0% 2000 2001 2002
Slide 15: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 15 Catcher Confidential 2014