Slide 1: Catcher Technology 2022 Q2 Earnings Results
Catcher Technology 2022 Q2 Earnings Results 2022/08 CATCHER confidential
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: 2Q22 Financial Summary
2Q22 Financial Summary • Total revenue reached NT$ 5.279bn; -26.9% q-q due to supply chain disruptions resulting from China lockdowns, -49.3% y-y due to a literally high base in the same period of 2021, when supply chain disruptions had yet to emerge and the COVID outbreaks in China were manageable.
Slide 4: 1H22 Financial Summary
1H22 Financial Summary • Total revenue reached NT$ 12.499bn, -45.7% y-y due to supply chain disruptions, China lockdowns and smartphone inventory sales (in 1Q21) which resulted in a high base. • Gross profit was NT$ 3.638bn, -50.6% y-y. Gross margin was 29.1%, -2.9pp y-y, due to a smaller revenue sc
Slide 5: 2Q22 vs. 1Q22 Profit & Loss
2Q22 vs. 1Q22 Profit & Loss 2Q22 1Q22 (In NTD mn) Amount % Amount % qoq Revenue 5,279 100.0% 7,221 100.0% -26.9% Gross Profit 1,499 28.4% 2,139 29.6% -29.9% Opt. Expense 893 16.9% 1,046 14.5% -14.6% Opt. Profit 607 11.5% 1,093 15.1% -44.5% Non-Opt. Income 3,877 73.4% 1,951 27.0% 98.7% Net Profit Bef
Slide 6: 2Q22 vs. 2Q21 Profit & Loss
2Q22 vs. 2Q21 Profit & Loss 2Q22 2Q21 (In NTD mn) Amount % Amount % yoy Revenue 5,279 100.0% 10,402 100.0% -49.3% Gross Profit 1,499 28.4% 3,344 32.1% -55.2% Opt. Expense 893 16.9% 1,224 11.8% -27.1% Opt. Profit 607 11.5% 2,120 20.4% -71.4% Non-Opt. Income 3,877 73.4% (503) -4.8% N.M. Net Profit Bef
Slide 7: 1H22 vs. 1H21 Profit & Loss
1H22 vs. 1H21 Profit & Loss 1H22 1H21 (In NTD mn) Amount % Amount % yoy Revenue 12,499 100.0% 23,031 100.0% -45.7% Gross Profit 3,638 29.1% 7,363 32.0% -50.6% Opt. Expense 1,938 15.5% 2,440 10.6% -20.6% Opt. Profit 1,700 13.6% 4,923 21.4% -65.5% Non-Opt. Income 5,828 46.6% 249 1.1% 2,241.6% Net Prof
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% 25,000 42.6% 42.4% 40% 41.7% 35.4% 36.7% 32.1% 31.8% 33.1% 20,000 30.1% 29.6% 28.9% 30% 23.1% 25.4% 15,000 28.4% 25.4% 24.4% 23.1% 22.9% 20% 10,000 10% 5,000 0 0% 3Q17 2Q20 1Q17 2Q17 4Q17 1Q18 2Q18 3Q1
Slide 9: Opt Profit & Opt Margin
Opt Profit & Opt Margin 14,000 Opt. Profit (NT$ mn) 45% 38.1% Opt. Margin 36.2% 40% 12,000 36.7% 32.6% 33.0% 35% 32.4% 33.4% 10,000 30% 27.2% 8,000 22.7% 25% 23.1% 22.2% 18.0% 20% 6,000 20.4% 15.4% 15.0% 17.9% 19.0% 15.1% 16.1% 16.1% 15% 4,000 11.5% 10% 9.1% 2,000 5% 0 0% 3Q17 2Q20 1Q17 2Q17 4Q17 1Q
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet (In NTD mn) 2Q22 1Q22 2Q21 Total Assets 252,762 100% 244,770 100% 249,501 100% Cash 178,586 71% 41,424 17% 27,476 11% Current Asset 199,992 79% 193,668 79% 200,256 80% Fixed Asset 16,074 6% 17,559 7% 20,198 8% Total Liabilities 97,605 39% 87,750 36% 100,280 40% Current Lia
Slide 11: Consolidated Cash Flow
Consolidated Cash Flow (In NTD mn) 1H22 1H21 Beginning Balance 53,115 111,883 Cash from operating activities 8,860 2,892 Depreciation & amortization 1,838 2,731 Cash from investing activities 122,087 (87,453) Capital expenditure (247) (568) Cash from financing activities (8,089) 1,106 Short-term & l
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 6.66 6.34 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 – Investor Relations
Catcher Technology – Innovative Leader in Casing Investor Relations Nora Hou Pei Hsieh Abby Chu nora.hou@catcher-group.com pei.hsieh@catcher-group.com abby.chu@catcher-group.com +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2806 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com