Slide 1: Catcher Technology 2015 Q1 Earnings Conference
Catcher Technology 2015 Q1 Earnings Conference 2015/04/28 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: 1Q15 Business Review
1Q15 Business Review Catcher Confidential 2015
Slide 4: 1Q 2015 vs. 4Q 2014 P/L
1Q 2015 vs. 4Q 2014 P/L 1Q15 4Q14 (In NTD mn) Amount % Amount % q-q Revenue 17,400 100.0% 17,014 100.0% 2.3% Gross Profit 8,109 46.6% 8,147 47.9% -0.5% Op. Expenses 1,866 10.7% 1,945 11.4% -4.0% Op. Profit 6,243 35.9% 6,202 36.5% 0.7% NPBT 6,250 35.9% 7,956 46.8% -21.4% NPAT 4,652 26.7% 6,438 37.8%
Slide 5: 1Q 2015 vs. 1Q 2014 P/L
1Q 2015 vs. 1Q 2014 P/L 1Q15 1Q14 (In NTD mn) Amount % Amount % y-y Revenue 17,400 100.0% 10,416 100.0% 67.1% Gross Profit 8,109 46.6% 4,303 41.3% 88.4% Op. Expenses 1,866 10.7% 1,095 10.5% 70.4% Op. Profit 6,243 35.9% 3,208 30.8% 94.6% NPBT 6,250 35.9% 3,859 37.0% 62.0% NPAT 4,652 26.7% 2,984 28.6%
Slide 6: 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% 46.3% 46.6% 45.2% 44.5% 44.5% 44.2% 41.2% 42.0% 41.7% 41.7%41.7% 17,400 40.0% 17,014 40.0% 17,000 41.3% 14,529 13,115 13,319 30.0% 12,000 10,773 10,46010,438 10,416 9,646 9,912 8,897 9
Slide 7: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 38.7% 40.0% 37.6% 37.6% 36.5% 7,500 36.2% 35.0% 34.6% 34.0% 34.7% 35.9% 33.6% 31.9% 31.4% 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% 3,627 3,500 3,
Slide 8: 2000-1Q15 EPS Trend
2000-1Q15 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 6.04 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 1Q15 8 Catcher Confidential 2015
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 1Q15 4Q14 1Q14 Total Assets 140,358 100% 136,965 100% 104,848 100% Cash 46,310 33% 48,119 35% 39,878 38% Current Asset 80,328 57% 79,878 58% 64,005 61% Fixed Asset 48,034 34% 45,405 33% 35,460 34% Total Liabilities 40,895 29% 40,876 30% 26,924 26% Curren
Slide 10: Cash Flow
Cash Flow (NT$ mn) 1Q15 4Q14 1Q14 Beginning Balance 48,119 48,192 39,378 Cash from operating activities 3,431 7,575 3,946 Depreciation & Amortization 2,193 1,695 1,456 Cash from investing activities (4,933) (10,158) (376) Capital Expenditure (5,307) (10,192) (1,091) Cash from financing activities 43
Slide 11: Appendix
Appendix Catcher Confidential 2015
Slide 12: 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 12 Catcher Confidential 2015
Slide 13: 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 14: 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 15: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 15 Catcher Confidential 2015