GCS Holdings, Inc. · TPEX:4991
GCS — Q4 2020 Earnings Presentation
14 slides from GCS's earnings presentation, Mar 19, 2021
Slide 1: Q4 2020 Quarterly Online Investor Conference
環宇 芯系天下 March 3, 2016 Q4 2020 Quarterly Online Investor Conference (線上法說會) Mar 19, 2021
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation includes forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that GCS Holdings, Inc. expects or anticipates will or may occur in the future (including but not limited to projecti
Slide 3: Agenda
Agenda Opening: Brian Ann, CEO & President Financial Section: Grace Li, Senior Director & Special Assistant to CEO Participant: Simon Yu, Senior VP and Spokesperson Q&A: All 2
Slide 4: Financial Section
FINANCIAL SECTION 3
Slide 5: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ (in NT$ thousands except EPS) 4Q20 4Q20 4Q20 3Q20 4Q19 Over Over 3Q20 4Q19 Net Operating Revenue 344,057 358,437 476,513 -4.0% -27.8% Gross Profit 119,015 146,995 237,496 -19.0% -49.9% Gross Margin 34.6% 41.0% 49.8% Operating Expenses (107,102) (107,418) (130
Slide 6: Revenue Mix % vs Gross Margin - QoQ
Revenue Mix % vs Gross Margin - QoQ 5
Slide 7: KGD Revenue Mix - QoQ
KGD Revenue Mix - QoQ KGD Revenue Analysis-By Application 90% 81% 80% 74% 76% 64% 64% 70% 58% 53% 60% 47% 50% 31% 40% 5% 30% 17% 9% 17% 20% 14% Ly 10% % 0% 1Q Q2 Q3 Q4 Qi Q2 Q3 Q4 2019 2019 2019 2019 2020 2020 2020 2020 mDC/AOC mPON” mLTE/Ethernet & Other
Slide 8: Non-operating Income and Expenses - QoQ
Non-operating Income and Expenses- QoQ (in NT$ thousands) 4Q20 4Q20 4Q20 3Q20 4Q19 Over Over 3Q20 4Q19 Other Income 2,911 2,142 7,011 35.9% -58.5% Other Gains and Losses Net currency exchange gain or (loss) (3,652) (2,519) (1,576) 45.0% 131.7% Gain (loss) on disposal of property,plant and equipment
Slide 9: Statements of Comprehensive Income - YoY
Statements of Comprehensive Income - YoY (in NT$ thousands except EPS) 2020 % 2019 % Change (%) Net Operating Revenue 1,481,859 100.0% 1,786,334 100.0% -17.0% Operating Cost (868,125) -58.6% (976,403) -54.7% -11.1% Gross Profit 613,734 41.4% 809,931 45.3% -24.2% Operating Expenses (426,204) -28.8% (
Slide 10: Non-operating Income and Expenses - YoY
Non-operating Income and Expenses- YoY (in NT$ thousands) 2020 2019 Change (%) Other Income 14,424 26,502 -45.6% Other Gains and Losses Net currency exchange gain or (loss) (6,360) (445) 1329.2% Gain (loss) on disposal of property, plant and (70) (586) -88.1% equipment Liquidation losses on disposal
Slide 11: Balance Sheet Highlight & Key Indices
Balance Sheet Highlight & Key Indices Selected Items from Balance Sheet (in NT$ thousands) 4Q20 3Q20 4Q19 Amount % Amount % Amount % Cash and Cash Equivalent 1,106,476 28% 1,146,721 28% 1,838,994 47% Accounts Receivable and Notes Receivable 197,537 5% 190,908 5% 317,126 8% Inventory 362,021 9% 365,1
Slide 12: Cash Flows
Cash Flows (in NT$ thousands) 4Q20 3Q20 4Q19 Beginning Balance 1,146,721 1,113,221 1,941,017 Cash from Operating Activities 43,538 56,678 77,636 Acquisition of property, plant and equipment (8,840) (2,724) (66,893) Decrease (Increase) in other current assets 1,357 905 61,822 Decrease(Increase) in ot
Slide 13: Q&A
Qka&A 12
Slide 14: For further inquiry
環宇芯系天下 For further inquiry investors@gcsincorp.com 13