Gcs Holdings, Inc. · TPEX:4991
Gcs — Q4 2019 Earnings Presentation
14 slides from Gcs's earnings presentation, Mar 16, 2020
Slide 1: Q4 2019 Quarterly Online Investor Conference
環宇 芯系天下 March 3, 2016 Q4 2019 Quarterly Online Investor Conference (線上法說會) Mar 16, 2020
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation includes forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that GCS Holdings, Inc. expects or anticipates will or may occur in the future (including but not limited to projecti
Slide 3: Agenda
Agenda Opening: Brian Ann, CEO & President Financial Section: Grace Li, Senior Director & Special Assistant to CEO Market Overview: (Omit presentation this time) Simon Yu, Senior VP and General Manager, Worldwide Sales & Marketing and Component Business Q&A: All 2
Slide 4: Financial Section
FINANCIAL SECTION 3
Slide 5: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ (in NT$ thousands except EPS) 4Q19 4Q19 4Q19 3Q19 4Q18 Over Over 3Q19 4Q18 Net Operating Revenue 476,513 466,566 436,367 2.1% 9.2% Gross Profit 237,496 197,302 179,877 20.4% 32.0% Gross Margin 49.8% 42.3% 41.2% Operating Expenses (130,559) (125,676) (121,545)
Slide 6: Revenue Mix % vs Gross Margin - QoQ
Revenue Mix % vs Gross Margin - QoQ 5
Slide 7: KGD Revenue Mix - QoQ
KGD Revenue Mix - QoQ KGD Revenue Analysis-By Application 70% 64% 58% 53% 60% 53% 47% 48% 50% 40% 33% 40% 32% 30% 21% 19% 20% 10% 0% Ql 2Q 3Q 4Q 1Q Q2 Q3 a4 2018 2018 2018 2018 2019 2019 2019 2019 mDC/AOC PON’ BLTE/Ethernet & Other
Slide 8: Statements of Comprehensive Income - YoY
Statements of Comprehensive Income - YoY (in NT$ thousands except EPS) 2019 % 2018 % Change (%) Net Operating Revenue 1,786,334 100.0% 1,952,411 100.0% -8.5% Operating Cost (976,403) -54.7% (1,054,699) -54.0% -7.4% Gross Profit 809,931 45.3% 897,712 46.0% -9.8% Operating Expenses (508,181) -28.4% (5
Slide 9: Balance Sheet Highlight & Key Indices
Balance Sheet Highlight & Key Indices Selected Items from Balance Sheet (in NT$ thousands) 4Q19 3Q19 4Q18 Amount % Amount % Amount % Cash and Cash Equivalent 1,838,994 47% 1,941,017 48% 1,512,863 44% Accounts Receivable and Notes Receivable 317,126 8% 265,767 7% 212,933 6% Inventory 352,983 9% 347,9
Slide 10: Cash Flows
Cash Flows (in NT$ thousands) 4Q19 3Q19 4Q18 Beginning Balance 1,941,017 1,771,104 1,392,649 Cash from Operating Activities 77,636 181,651 161,850 Acquisition of property, plant and equipment (66,893) (10,216) (39,269) Acquisition of intangible assets (3,383) (13) (2,079) Principal elements of lease
Slide 11: Non-operating Income and Expenses - QoQ
Non-operating Income and Expenses- QoQ (in NT$ thousands) 4Q19 4Q19 4Q19 3Q19 4Q18 Over Over 3Q19 4Q18 Other Income 7,011 7,184 2,642 -2.4% 165.4% Other Gains and Losses Net currency exchange gain or (loss) (1,576) 483 1,981 -426.3% -179.6% Gain (loss) on disposal of property,plant and equipment 53
Slide 12: Non-operating Income and Expenses - YoY
Non-operating Income and Expenses- YoY (in NT$ thousands) 2019 2018 Change (%) Other Income 26,502 7,571 250.0% Other Gains and Losses Net Gain or (losses) on financial liabilities at fair value - 2,322 -100.0% through profit or loss Net currency exchange gain or (loss) (445) 1,523 -129.2% Gain on d
Slide 13: Q&A
Qk&A 12
Slide 14: For further inquiry
環宇芯系天下 For further inquiry investors@gcsincorp.com 13