Slide 1: Catcher Technology 2015 Q2 Earnings Conference
Catcher Technology 2015 Q2 Earnings Conference 2015/08/05 Investor Relations 20130805
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”, “i
Slide 3: 2Q15 Business Review
2Q15 Business Review Catcher Confidential 2015
Slide 4: 2Q 2015 vs. 1Q 2015 P/L
2Q 2015 vs. 1Q 2015 P/L 2Q15 1Q15 (In NTD mn) Amount % Amount % q-q Revenue 20,129 100.0% 17,400 100.0% 15.7% Gross Profit 9,548 47.4% 8,109 46.6% 17.7% Op. Expenses 2,039 10.1% 1,866 10.7% 9.3% Op. Profit 7,509 37.3% 6,243 35.9% 20.3% NPBT 8,161 40.5% 6,250 35.9% 30.6% NPAT 5,247 26.1% 4,652 26.7%
Slide 5: 2Q 2015 vs. 2Q 2014 P/L
2Q 2015 vs. 2Q 2014 P/L 2Q15 2Q14 (In NTD mn) Amount % Amount % y-y Revenue 20,129 100.0% 13,319 100.0% 51.1% Gross Profit 9,548 47.4% 6,557 49.2% 45.6% Op. Expenses 2,039 10.1% 1,399 10.5% 45.7% Op. Profit 7,509 37.3% 5,157 38.7% 45.6% NPBT 8,161 40.5% 5,436 40.8% 50.1% NPAT 5,247 26.1% 3,644 27.4%
Slide 6: 1H 2015 vs. 1H 2014 P/L
1H 2015 vs. 1H 2014 P/L 6M15 6M14 (In NTD mn) Amount % Amount % y-y Revenue 37,529 100.0% 23,735 100.0% 58.1% Gross Profit 17,657 47.0% 10,860 45.8% 62.6% Op. Expenses 3,905 10.4% 2,495 10.5% 56.5% Op. Profit 13,752 36.6% 8,366 35.2% 64.4% NPBT 14,411 38.4% 9,295 39.2% 55.0% NPAT 9,899 26.4% 6,627 2
Slide 7: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin 60.0% Sales Revenues (NT$ mn) Gross Margin 22,000 52.3% 49.2% 50.0% 48.8% 47.1% 47.9% 47.4% 46.3% 46.6% 45.2% 44.5% 44.5% 45% 20,129 42.0% 41.7% 41.7%41.7% 17,400 41.2% 17,014 17,000 40.0% 41.3% 40.0% 14,529 13,115 13,319 30.0% 12,000 10,773 10,46010,438 10,416 9,646 9,
Slide 8: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 38.7% 40.0% 37.6% 37.3% 37.6% 36.5% 7,500 36.2% 35.0% 34.5% 34.6% 34.0% 34.7% 35.9% 31.4% 7,509 31.9% 31.7% 6,500 30.4% 31.1% 30.8% 30.0% 6,202 6,243 28.4% 5,457 25.0% 5,500 5,157 20.0% 4,533 4,500 4,113 15.0% 3,
Slide 9: 2000-2Q15 EPS Trend
2000-2Q15 EPS Trend 25 23.52 20 18.38 15.68 14.93 15 14.4 13.93 13.29 12.85 10 9.25 7.25 6.34 6.66 5.01 5 4.3 2.4 2.44 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 6M15 9 Catcher Confidential 2015
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 2Q15 1Q15 2Q14 Total Assets 145,370 100% 140,358 100% 105,124 100% Cash 43,348 30% 46,310 33% 38,901 37% Current Asset 82,067 56% 80,328 57% 63,113 60% Fixed Asset 54,120 37% 48,034 34% 34,212 33% Total Liabilities 46,211 32% 40,895 29% 27,210 26% Curren
Slide 11: Cash Flow
Cash Flow (NT$ mn) 6M15 6M14 Beginning Balance 48,119 39,378 Cash from operating activities 5,235 6,086 Depreciation & Amortization 4,544 2,963 Cash from investing activities (10,623) (1,510) Capital Expenditure (11,195) (4,981) Cash from financing activities 1,709 (5,385) Short-term & Long-term loa
Slide 12: Appendix
Appendix Catcher Confidential 2015
Slide 13: Annual Revenue (2000 ~ 2014)
Annual Revenue (2000 ~ 2014) Sales Revenue (NT$ bn) 60 55.28 50 43.25 40 CAGR=31.5% 37.03 35.9 30 21.85 20 18.09 19.05 16.99 15.14 9.59 10 5.01 3.4 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 13 Catcher Confidential 2015
Slide 14: Gross Margin & Net Profit (2000~ 2014)
Gross Margin & Net Profit (2000~ 2014) 60.0% 20,000 Net Profit (NT$bn) Gross Margin 17,877 18,000 52.2% 50.0% 50.5% 48.1% 47.0% 47.2% 16,000 47.1% 43.6% 43.3% 42.4% 42.5% 14,000 41.5% 13,801 40.0% 39.9% 35.5% 36.4% 12,000 35.3% 10,665 10,812 30.0% 10,000 8,000 7,216 20.0% 6,470 6,000 4,361 4,447 3,7
Slide 15: 2014 vs. 2013 Consolidated P/L
2014 vs. 2013 Consolidated P/L 2014 2013 (In NTD mn) Amount % Amount % y-y Revenue 55,277 100.0% 43,246 100.0% 27.8% Gross Profit 26,101 47.2% 18,321 42.4% 42.5% Op. Expenses 6,076 11.0% 4,405 10.2% 37.9% Op. Profit 20,025 36.2% 13,916 32.2% 43.9% NPBT 23,545 42.6% 17,528 40.5% 34.3% NPAT 17,877 32.
Slide 16: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 16 Catcher Confidential 2015