Comba Telecom Systems Holdings Limited · HKEX:2342
Comba Telecom Systems — FY2020 Earnings Presentation
28 slides from Comba Telecom Systems's earnings presentation, 2021
Slide 1: 2020 Annual Results Corporate Presentation
2020 Annual Results Corporate Presentation NDR ENG V3
Slide 2: Disclaimer
Disclaimer 免责声明 This presentation has been prepared by Comba Telecom Systems Holdings Limited (the “Company”) for reference only. The information contained in this presentation has not been independently verified. The Company does not make any representation, warranty or undertaking, whether express
Slide 3: Financial Highlights
Financial Highlights 1 2 3 4 5 Financial Key Financial Gross Gearing Expenses Financial Results Position Ratio Analysis Indicators 3
Slide 4: Financial Highlights: Financial Results
Financial Highlights Financial Results Expenses Financial Position Key Financial Indicators Gross Gearing Ratio Analysis For the year ended 31 December For the six Change 变化 months ended HK$’000 2020 2019 30 June 2020 Revenue 5,057,240 5,779,916 ↓12.5% ↑116,606 2,238,485 Gross profit 1,445,181 1,776
Slide 5: Financial Highlights: Expenses
Financial Highlights 5 Financial Results Expenses Financial Position Key Financial Indicators Gross Gearing Ratio Analysis As % of Total HK$’000 ↑ / ↓ = YoY Change Revenue 32.6% 38.0% Finance Costs：HK$ 69,352 ，↓HK$ 34,661， ↓ 33.3% ； ↓Reason ：Decrease in the bank borrowings and decline in of the mark
Slide 6: Financial Highlights: Financial Position
Financial Highlights 6 Financial Results Expenses Financial Position Key Financial Indicators Gross Gearing Ratio Analysis As at 31 December As at HK$’000 2020 2019 Change 30 June 2020 Net cash 494,381 349,772 ↑144,609 521,729 Total assets 11,325,161 11,177,089 ↑1.3% 10,858,437 Total liabilities 6,7
Slide 7: Financial Highlights: Key Financial Indicators
Financial Highlights Financial Results Expenses Financial Position Key Financial Indicators Gross Gearing Ratio Analysis For the year ended 31 December For the six months ended 2020 2019 Change 30 June 2020 Inventory turnover days 125 114 ↑11 days 158 A/R turnover days 293 258 ↑35 days 320 A/P turno
Slide 8: Financial Highlights: Gross Gearing Ratio Analysis
Financial Highlights Financial Results Expenses Financial Position Key Financial Indicators Gross Gearing Ratio Analysis HK $’Mn (Except %) 2700 20.00% 18.90% 17.70% 18.00% 16.60% 2200 15.70% 15.30% 15.00% 16.00% 14.50% 1700 13.50% 14.00% 12.10% 12.20% 12.00% 1200 2082.1 2000.1 1884.4 10.00% 1758.1
Slide 9: Financial Review
Financial Review 1 2 3 Revenue Revenue 2010 – 2020 Breakdown by Breakdown by Financial Performance Customers Businesses Analysis 9
Slide 10: Financial Review: Revenue Breakdown by Customers
Financial Review Revenue Breakdown by Customers Revenue Breakdown by Businesses 2010 – 2020 Financial Performance Analysis Business Breakdown 2019 VS 2020 For the year ended 31 December 2020 Revenue（HK$’Mn） 2019 2020 2000 1853 1734 1642 1500 1059 Others ↑14.3% 851 China Mobile ↓38.9% 1000 603 498 65
Slide 11: Financial Review: Revenue Breakdown by Businesses
Financial Review 11 Revenue Breakdown by Customers Revenue Breakdown by Businesses 2010 – 2020 Financial Performance Analysis Business Breakdown 2019 VS 2020 For the year ended 31 December 2020 Revenue（HK$’Mn） 3000 2019 2020 Wireless Antenna and Transmission & subsystems 2500 Service Others ↑3.2% ↓3
Slide 12: Revenue 2010–2020 Financial Performance Analysis
Financial Review 12 Revenue Breakdown by Customers Revenue Breakdown by Businesses 2010 – 2020 Financial Performance Analysis Revenue（HK$’Mn） Financial Performance Analysis 8000 800 724 659 600 6733 6771 6000 6354 6333 5954 5721 5663 5780 400 5564 5191 5057 4000 213 200 151 152 152 27 0 2000 (171) (
Slide 13: Industry Development
Industry Development 1 2 3 Global Wireless China Wireless 5G+ Industrial Network Development Network Development Application ✓ Global wireless network development ✓ 5G development has entered an in-depth stage ✓ 5G+, empower industries under impact of COVID-19 13
Slide 14: Global Wireless Network Development
1. Global Wireless Network Development Global wireless network development under impact of COVID-19. • The global 5G development is gradually recovering, with the number of 5G commercial networks increasing to 140 and the number of 5G users increasing to 250mn. Global operators are expected to spend
Slide 15: China 5G Construction
2. China 5G Construction 15 5G development has entered an in-depth stage. • By the end of 2020, China has built more than 718,000 5G base stations , basically covering all cities above prefecture level nationwide and achieving scale deployment of independent network across the country; • In 2021, th
Slide 16: 5G+ Industry Applications
3. 5G+Industry Applications 16 5G+，empower industries. With the advancement of 5G construction, 5G has derived a variety of application scenarios . In the past two years, several typical 5G+ converged applications have been emerging, and explosive growth is expected to see in the future. 5G+Smart 5G
Slide 17: Company Outlook
Company Outlook 1 2 3 Antenna Products Network System Business Operation ✓ Antenna Market Outlook ✓ Broad Market Outlook of 5G ✓ Market Outlook ✓ Macro Base Station Antenna Small Cell ✓ Operating Strategy Technology/Product/Market ✓ 2020 Commercial Use of 5G Small Development Cell Series Products ✓
Slide 18: Development for Antenna Products in the 5G Era
1. Development for Antenna Products in the 5G era 18 18 Antenna Market Outlook Macro Base Station Antenna Technology/Product/Market Development Broad Indoor Coverage Scenario Solutions 5G Ro ad Coverage Scenario Solutions Domestic Market：5G BSA entering peak demand period Overseas Market: investment
Slide 19: Development for Antenna Products in the 5G Era
1. Development for Antenna Products in the 5G era 19 1 19 9 Antenna Market Outlook Macro Base Station Antenna Technology/Product/Market Development Broad Indoor Coverage Scenario Solutions 5G Road Coverage Scenario Solutions Co-deployment of 4G/5G networks, the new 5G spectrum and spectrum re -culti
Slide 20: Broad Indoor Coverage Scenario Solutions
1. Development for Antenna Products in the 5G era 20 20 0 2 Antenna Market Outlook Macro Base Station Antenna Technology/Product/Market Development Broad Indoor Coverage Scenario Solutions 5G Road Coverage Scenario Solutions • Provide solutions for 5G broad indoor coverage in scenarios with hotspot
Slide 21: 5G Road Coverage Scenario Solutions
1. Development for Antenna Products in the 5G era 21 2 21 1 Antenna Market Outlook Macro Base Station Antenna Technology/Product/Market Development Broad Indoor Coverage Scenario Solutions 5G Road Coverage Scenario Solutions • Unique and innovative solutions designed for operators' 5G high-speed rai
Slide 22: Network System: 5G Small Cell Market Outlook
2. Network System 5G Construction New Phase: Optimistic 5G Indoor Coverage and 5G+ Industry Private Network Market Outlook; 5G Small Cell Series Products Expected to Explode. Globally, the investment outlook for small cell products and 5G+ vertical industry will be a new blue ocean business with rel
Slide 23: Network System: 5G Products Commercial Use
2. Network System 5G network systems products achieved fully commercial use and business expansion. Comba 5G Telcos 5G Public Network Progress: Network System In 2020，Comba network system products were fully on trial. Product Series ✓ 31 5G Extended Picocell trials of three operators and good review
Slide 24: FLeX5 5G Private Network Platform
2. Network System Comba 5G private network platform FLeX5 for vertical industries has been commercialized. Flex5 is a end-to-end 5G basic network platform solution, and a "one-stop" intelligent application solution. Solve Industry Challenge Internet 5G Cloud Light Core Management FLeX5= Small Cell +
Slide 25: OpenRAN Market Expansion
2. Network System Culculate in OpenRAN area, expand market, and dig out new demand. OpenRadio RRU Mass production and commercial use of new platform for high-power base station RRU high-power base OpenRAN station radio unit o Simultaneously launch series products of frequency band and power; Industr
Slide 26: Business Operation: Market Outlook and Strategy
3. Business Operation 26 Market Outlook Business Operation Strategy In 2020, revenue of domestic market ↓23.7% yoy，although sales from three operators decreased, sales from China Tower speed up and revenue grew ↑50.8%. In 2021, Antenna business: • Push the industry environment developing in good way
Slide 27: Group's General Strategy
3. Business Operation 27 Market Outlook Business Operation Strategy Group’s General Strategy Expand to the field of Strengthen innovation, intelligent technology (AGV, and seize 5G development machine vision, etc.), looking opportunities. for new business growth points. 5G 01 03 Enhance the solution
Slide 28: Thanks!
Thanks!
Comba Telecom Systems Holdings — FY2020 Earnings Presentation on 6ix