Ap Memory Technology Corp. · TWSE:6531

Ap Memory Technology — Non-Deal Roadshow (April 2017)

22 slides from Ap Memory Technology's roadshow presentation, Apr 20, 2017

  1. Slide 1: AP Memory Technology Corp. Roadshow

    AP MEMORY TECHNOLOGY CORP. ROADSHOW 2017.04.20 KGI Security Co.12F

  2. Slide 2: Disclaimer

    DISCLAIMER The forward-looking statements contained in the presentation are subject to risks and uncertainties and actual results may differ materially from those expressed or implied in these forward-looking statements. AP Memory makes no representation or warranty as to the accuracy or completenes

  3. Slide 3: Outlines

    OUTLINES  Financial Data  Business Highlights  Future Outlook 3

  4. Slide 4: Financial Data

    Financial Data EE apmemory

  5. Slide 5: Quarterly Revenue Information

    Quarterly Revenue Informaion in NT$K Q1 Q2 Q3 Q4 Total 2017* 1,184,074 1,184,074 2016* 722,375 552,861 628,962 1,257,734 3,161,932 2015 715,721 429,627 583,666 873,496 2,602,510 * Including Zentel since 2016.11

  6. Slide 6: Revenue Info by Product Line

    Revenue Info by Product Line in NT$K 2016.Q1 2016.Q2 2016.Q3 2016.Q4 2017.Q1 PSRAM 666,334 92% 428,887 77% 406,896 65% 521,220 41% 462,052 39% LPDRAM 51,722 7% 103,338 19% 222,066 35% 440,587 35% 244,585 21% SDRAM* - 0% - 0% - 0% 292,898 23% 466,679 39% Others** 4,319 1% 20,636 4% - 0% 3,029 0% 10,7

  7. Slide 7: 2016 Consolidated I/S

    2016 Consolidated I/S in NT$K 2016 2015 ΔAMT Δ% Revenue 3,161,932 2,602,510 559,422 21% Gross Margin 940,246 951,991 (11,745) -1% G/M % 30% 37% Operating Exp. 415,866 434,780 (18,914) -4% Operating Income 524,380 517,211 7,169 1% Non-operating G(L) 17% 20% Net Income (18,868) 52,532 (71,400) -136% E

  8. Slide 8: 2016.12.31 Consolidated B/S

    2016.12.31 Consilidated B/S in NT$K 2016.12.31 2015.12.31 ΔAMT Δ% AMT % AMT % Cash & Cash Equiv. 1,478,890 38 817,315 40 661,575 81 A/R(Net) 1,090,771 28 954,058 46 136,713 14 Inventory (Net) 652,932 17 154,429 8 498,503 323 Prepaid Mask & Probe Cards 140,080 4 35,783 2 104,297 291 Prepaid Equipment

  9. Slide 9: A/R and Bad Debt Allowance

    A/R and Bad Debt Allowance in NT$K 2016.12.31* 2016.09.30 2016.06.30 2015.12.31 AMT % AMT % AMT % AMT % Not Overdue 867,856 79% 515,630 64% 322,667 52% 556,486 58% 0~ 60 days 174,848 16% 126,554 16% 269,257 43% 397,572 42% 61~ 90 days 56,326 5% 42,093 5% 32,275 5% 0 0% 91~120 days 3,030 0% 121,156 1

  10. Slide 10: 2016 Cash Flow Status

    2016 Cash Flow Status Individual Consolidated in NT$ K 2016 2015 2016 2015 Operating Cash Flows Cash from operating 411,744 274,651 492,381 258,401 Interests received 4,970 4,001 5,213 4,001 Income tax paid (98,652) (139,244) (98,769) (139,244) Net cash inflow from Operating 318,062 139,408 398,825

  11. Slide 11: Business Highlights

    Business Highlights EE apmemory

  12. Slide 12: Main Products

    Main Products  Low Density Mobile-RAM (PSRAM)  Steady shipment as expected  Continually explore and boil up the new application market  Mid-to-High Density Mobile-RAM (LPDRAM)  Strong demand in the low-to-mid smart phone customers  Concerns about the supply of other related key components  Sp

  13. Slide 13: Future Outlooks

    Future Outlooks EE apmemory 13

  14. Slide 14: Future Development

    Future Development  Position  A Specialty Solution Provider with DRAM Technology  Innovative R&D  Seeking for special niche application market  Revenue Sources  ICs & KGDs  Design Services and Join Developments  IP Authorization  Synergy of the alliance with Zentel  Optimize the research r

  15. Slide 15: The Alliance with Zentel Electronics Corp. (3553.TW)

    The Alliance with Zentel Electronics Corp. (3553.TW)  1st Stage  Tender offer Zentel’s shares for 50~100% at NT$14.5  The whole transaction shares: 37,531,281(55.24%)  Transaction completed on 2016.11.01.  2nd Stage  Zentel will be 100% owned subsidiary by purchasing the residual shares at the

  16. Slide 16: Business Outlook

    Business Outlook  Push Up the Profitability of the existing Product  Adjust part of the ASP reasonably  Control the cost effectively  Maximize the benefit from the limited resource  Optimize Product Mix  Focus on relative high value product  Accumulate the key technology of DRAM  Expand Futu

  17. Slide 17: Multiple applications on IoT

    Multiple applications on IoT  Our focus areas  Billions of Devices  Billions of Connections 17

  18. Slide 18: Found the industry alliance

    Found the industry alliance 18

  19. Slide 19: Press Release from Micron

    Press Release from Micron Source: http://investors.micron.com/releasedetail.cfm?ReleaseID=1004357 19

  20. Slide 20: Press Release from Macronix

    Press Release from Macronix Source : http://www.macronix.com/en-us/about/news/Pages/Macronix-Memory-Incorporated-in-New-Qualcomm- Technologies%E2%80%99-LTE-IoT-Chipset-Reference-Design.aspx Macronix Memory Incorporated in New Qualcomm Technologies’ LTE IoT Chipset Reference Design Date: 2017/01/12 2

  21. Slide 21: Develop new memory SPEC

    Develop new memory SPEC History of PSRAM Next Generation Ultra-low- 超低功耗 AP Memory power OPI OPI/Xccela TM 低成本 AP Memory DDR 高速度 AP Memory CellularRAMTM CellularRAMTM Cypress/Qimonda/Micron Asynchronous Nokia ADMUX AP Memory Asynchronous Innovate with courage 21

  22. Slide 22: Q&A

    Ｑ＆Ａ IR Email: ir@apmemory.com IR TEL: (03)5601651

AP Memory Technology — Non-Deal Roadshow (April 2017) on 6ix