Slide 1: Catcher Technology 2022 Q3 Earnings Results
Catcher Technology 2022 Q3 Earnings Results 2022/11 CATCHER confidential
Slide 2: Disclaimer
Disclaimer • This presentation contain “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: 3Q22 Financial Summary
3Q22 Financial Summary • Total revenue reached NT$ 8.675bn; +64.3% q-q due to delayed orders and seasonality, -12.1% y-y due to rising inflation, global economic slowdown and weakening demand. Nevertheless, the y-y declines appear to have decelerated, suggesting that product mix adjustment and contr
Slide 4: 9M22 Financial Summary
9M22 Financial Summary • Total revenue reached NT$ 21.174bn, -35.6% y-y due to geopolitical turmoil, supply chain disruptions resulting from China lockdowns, inflationary pressure, global economic slowdown, tapering demand, and smartphone inventory sales (in 1Q21) which led to a high base. • Gross p
Slide 5: 3Q22 vs. 2Q22 Profit & Loss
3Q22 vs. 2Q22 Profit & Loss 3Q22 2Q22 (In NTD mn) Amount % Amount % qoq Revenue 8,675 100.0% 5,279 100.0% 64.3% Gross Profit 2,962 34.1% 1,499 28.4% 97.5% Opt. Expense 1,050 12.1% 893 16.9% 17.7% Opt. Profit 1,911 22.0% 607 11.5% 215.0% Non-Opt. Income 6,812 78.5% 3,877 73.4% 75.7% Net Profit Before
Slide 6: 3Q22 vs. 3Q21 Profit & Loss
3Q22 vs. 3Q21 Profit & Loss 3Q22 3Q21 (In NTD mn) Amount % Amount % yoy Revenue 8,675 100.0% 9,868 100.0% -12.1% Gross Profit 2,962 34.1% 3,495 35.4% -15.3% Opt. Expense 1,050 12.1% 1,212 12.3% -13.4% Opt. Profit 1,911 22.0% 2,283 23.1% -16.3% Non-Opt. Income 6,812 78.5% 218 2.2% 3025.3% Net Profit
Slide 7: 9M22 vs. 9M21 Profit & Loss
9M22 vs. 9M21 Profit & Loss 9M22 9M21 (In NTD mn) Amount % Amount % yoy Revenue 21,174 100.0% 32,899 100.0% -35.6% Gross Profit 6,600 31.2% 10,858 33.0% -39.2% Opt. Expense 2,988 14.1% 3,653 11.1% -18.2% Opt. Profit 3,612 17.1% 7,206 21.9% -49.9% Non-Opt. Income 12,641 59.7% 467 1.4% 2607.5% Net Pro
Slide 8: Revenue & Gross Margin
Revenue & Gross Margin 35,000 Revenue (NT$ mn) 60% Gross Margin 30,000 49.0% 50% 48.1% 43.5% 42.3% 42.4% 25,000 42.6% 41.7% 40% 36.7% 35.4% 34.1% 32.1% 31.8% 33.1% 20,000 30.1% 28.9% 30% 29.6% 25.4% 28.4% 15,000 23.1% 25.4% 24.4% 22.9% 23.1% 20% 10,000 10% 5,000 0 0% 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q
Slide 9: Opt Profit & Opt Margin
Opt Profit & Opt Margin 14,000 Opt. Profit (NT$ mn) 50% Opt. Margin 12,000 38.1% 36.2% 40% 36.7% 10,000 33.0% 33.4% 32.6% 32.4% 27.2% 30% 8,000 23.1% 22.7% 22.2% 22.0% 6,000 15.4% 18.0% 20% 20.4% 16.1% 17.9% 19.0% 4,000 16.1% 15.1% 15.0% 11.5% 10% 2,000 9.1% 0 0% 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet (In NTD mn) 3Q22 2Q22 3Q21 Total Assets 268,558 100% 252,762 100% 247,566 100% Cash 106,912 40% 178,586 71% 21,414 9% Current Asset 215,025 80% 199,992 79% 197,183 80% Fixed Asset 15,356 6% 16,074 6% 19,460 8% Total Liabilities 98,752 37% 97,605 39% 96,874 39% Current Liab
Slide 11: Consolidated Cash Flow
Consolidated Cash Flow (In NTD mn) 9M22 9M21 Beginning Balance 53,115 111,883 Cash from operating activities 13,551 4,898 Depreciation & amortization 2,677 3,895 Cash from investing activities 42,554 (93,219) Capital expenditure (381) (939) Cash from financing activities (11,076) (993) Short-term &
Slide 12: Appendix
Appendix
Slide 13: Revenue Trend (2001 – 2021)
Revenue Trend (2001 – 2021) 100 Revenue (NT$ bn) 95.42 93.30 91.63 90 82.41 82.51 79.11 80 70 60 55.28 50 43.25 41.09 40 37.03 35.91 30 19.05 21.85 18.09 16.99 20 15.14 9.59 10 5.01 3.42 1.01 1.85 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2
Slide 14: EPS Trend (2001 – 2021)
EPS Trend (2001 – 2021) 40 EPS (NT$) 36.31 35 32.61 28.58 30 28.35 27.65 25 23.52 20 18.38 15.68 14.93 14.63 15 13.93 14.4 13.29 11.31 9.25 10 7.25 6.34 6.66 5.01 5 2.4 2.44 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CATCHER confidentia
Slide 15: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Nora Hou Abby Chu nora.hou@catcher-group.com abby.chu@catcher-group.com +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential