Young Optics Inc. · TWSE:3504
Young Optics — H1 2008 Earnings Presentation
11 slides from Young Optics's earnings presentation, Aug 14, 2008
Slide 1: 1H08 Results Investor Conference
1H08 Results Investor Conference August 14, 2008
Slide 2: Disclaimer
Disclaimer Except for historical information contained herein, the matters set forth in this presentation are forward-looking statements that are subject to significant risks and uncertainties and actual results may differ materially from those contained in any forward-looking statements. The forwar
Slide 3: 1H08 Result Highlight (consolidated)
1H08 Result Highlight (consolidated) NTD： ：Millions 1H08 2H07 1H07 Amount Amount Amount Net sales 3,280 3,542 3,723 Gross Margin(%) 26.23 16.37 18.73 Net income(parent) 318 102 234 EPS (NT$)(parent) 3.18 1.02 2.34 Cash and cash equivalents 1,363 841 609 Interest-bearing Debt 537 49 163 Shareholders'
Slide 4: 1H08 P&L (Consolidated)
1H08 P&L (Consolidated) NTD/Shares： ：Millions 1H08 2H07 1H07 Amount % Amount % Amount % Net sales 3,280 100 3,542 100 3,723 100 Gross profits 860 26.2 580 16.4 697 18.7 Operating expenses 449 13.7 435 12.3 434 11.7 Operating income 411 12.5 145 4.1 263 7.1 Non-operating item (28) (0.9) 0 0.0 5 0.2 I
Slide 5: 2Q08 P&L (Consolidated)
2Q08 P&L (Consolidated) NTD/Shares： ：Millions 2Q08 1Q08 4Q07 Amount % Amount % Amount % Net sales 1,964 100 1,316 100 1,194 100 Gross Profit 494 25.2 366 27.8 273 22.9 Operating expenses 244 12.4 205 15.6 206 17.3 Operating income 250 12.7 161 12.2 67 5.6 Non-operating item (5) (0.3) (23) (1.7) (5)
Slide 6: 1H08 Balance Sheet (Consolidated)
1H08 Balance Sheet (Consolidated) NTD： ：Millions 2008.06.30 2007.12.31 2007.06.30 Amount % Amount % Amount % Cash and cash equivalents 1,363 32.0 841 28.1 609 17.5 Accounts receivable-net 1,311 30.8 892 29.9 1,175 33.7 Total current assets 3,249 76.3 2,228 74.6 2,673 76.7 Fixed assets 823 19.3 635 2
Slide 7: 1H08 Key Financial Ratio
1H08 Key Financial Ratio (Consolidated) 1H08 2H07 1H07 Current Ratio(%) 148 236 154 AR Turnover Days 67 51 50 Inventory Turnover Days 44 36 42 Total Liab./ Total Assets(%) 56 38 56 Returns On Assets(%) 11 11 14 Returns On Equity(%) 23 22 32 Note：the ratios are of trailing 12-month basis -7-
Slide 8: Expected Sales Build by Product Group
08 Expected Sales Build by Product Group -8-
Slide 9: 1H08 Sales Build by Product Group
1H08 Sales Build by Product Group Image Optics, 0.66% System, 4.28% Pico Optical Projection Module, 0.02% Optics, 7.18% Niche Optical Module, 10.75% TV Optical Module, 77.10% -9-
Slide 10: 2H08 Expected Sales Build by Product Group
2H08 Expected Sales Build by Product Group Image Optics, 2.63% Pico Optical Module, 0.53% System, 23.38% TV Optical Projection Module, 54.45% Optics, 8.20% Niche Optical Module, 10.81% -10-
Slide 11: Questions & Answers
Questions & Answers website://www.youngoptics.com