Slide 1: Catcher Technology 2014 Q4 Earnings Conference
Catcher Technology 2014 Q4 Earnings Conference 2015/03/19 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: 4Q14 Business Review
4Q14 Business Review Catcher Confidential 2015
Slide 4: 4Q 2014 Consolidated P/L
4Q 2014 Consolidated P/L 4Q14 3Q14 (In NTD mn) Amount % Amount % q-q Revenue 17,014 100.0% 14,529 100.0% 17.1% Gross Profit 8,147 47.9% 7,094 48.8% 14.8% Op. Expenses 1,945 11.4% 1,637 11.3% 18.8% Op. Profit 6,202 36.5% 5,457 37.6% 13.6% NPBT 7,956 46.8% 6,293 43.3% 26.4% NPAT 6,438 37.8% 4,811 33.1
Slide 5: 4Q 2014 vs 4Q 2013 P/L
4Q 2014 vs 4Q 2013 P/L 4Q14 4Q13 (In NTD mn) Amount % Amount % y-y Revenue 17,014 100.0% 13,115 100.0% 29.7% Gross Profit 8,147 47.9% 5,468 41.7% 49.0% Op. Expenses 1,945 11.4% 1,355 10.3% 43.5% Op. Profit 6,202 36.5% 4,113 31.4% 50.8% NPBT 7,956 46.8% 4,597 35.0% 73.1% NPAT 6,438 37.8% 3,472 26.5%
Slide 6: 2014 Consolidated P/L
2014 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 32.3% 13,801
Slide 7: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin 60.0% Sales Revenues (NT$ mn) Gross Margin 22,000 52.3% 50.0% 49.2%48.8% 47.1% 47.9% 46.3% 45.2% 44.5% 44.5% 41.2% 42.0% 41.7% 41.7%41.7%41.3% 40.0% 17,014 40.0% 17,000 14,529 13,115 13,319 30.0% 12,000 10,773 10,460 10,438 10,416 9,646 9,912 8,897 9,147 9,232 20.0% 8,6
Slide 8: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 40.0% 38.7% 37.6% 37.6% 7,500 36.2% 36.5% 35.0% 34.6% 34.0% 34.7% 31.9% 31.7% 30.4% 31.1%31.4%30.8% 6,500 30.0% 6,202 28.4% 5,457 25.0% 5,500 5,157 20.0% 4,533 4,500 4,113 15.0% 3,627 3,500 3,441 3,341 3,371 3,22
Slide 9: 2000-2014 EPS Trend
2000-2014 EPS Trend 25 23.52 20 18.38 15.68 14.93 15 14.4 13.93 13.29 10 9.25 7.25 6.34 6.66 5.01 5 4.3 2.4 2.44 0 EPS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 9 Catcher Confidential 2015
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 4Q14 3Q14 4Q13 Total Assets 136,965 100% 118,769 100% 105,379 100% Cash 48,119 35% 48,192 41% 39,378 37% Current Asset 79,878 58% 72,199 61% 65,347 62% Fixed Asset 45,405 33% 35,473 30% 34,903 33% Total Liabilities 40,876 30% 33,359 28% 31,699 30% Curren
Slide 11: Cash Flow
Cash Flow (NT$ mn) 2014 2013 Beginning Balance 39,378 45,400 Cash from operating activities 26,983 20,116 Depreciation & Amortization 6,067 5,225 Cash from investing activities (15,880) (10,728) Capital Expenditure (20,212) (9,629) Cash from financing activities (5,479) (16,586) Short-term & Long-te
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 (2000~2013)
Gross Margin & Net Profit (2000~ 2013) 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: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 15 Catcher Confidential 2015