Chroma Ate Inc. · TWSE:2360
Chroma Ate — Q4 2010 Earnings Presentation
19 slides from Chroma Ate's earnings presentation, Feb 17, 2011
Slide 1: Your Testing Quality is Our Commitment
Your Testing Quality is Our Commitment. 2011 20104 2011216 1
Slide 2: Disclaimer
Disclaimer This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “plan”, “forecast”, “project”, “predict”, “potential”, “c
Slide 3: Provider
provider:
Slide 4: “SBT
“SBT lest toz aiutos, Sroviders
Slide 5: Founded in 1984, a world leading turnkey test & automation solution provider
• Founded in 1984, a world leading own brand turnkey test & automation solution provider, 5,640 specialized in electronics test and measurement instruments and system. Products cover test and 4,208 4,158 measurement instruments and system for various 14.0% industries, and turnkey solution of an inte
Slide 6: ! " # ! " $ 60.1% 59.4% 1,812 14,886 53.9% 1,538 50.6% 1,010
! " # ! " $ 60.1% 59.4% 1,812 14,886 53.9% 1,538 50.6% 1,010 1,105 54.9% 12,630 12,228 10,914 863 5.22 5.05 * 33.4% * :% 8,511 30.2% * 28.8% : : 3.38 * 2.50 * 5,640 24.1% : 3.64 4,208 4,158 3,444 18.5% 3,203 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 * 2008 ~ 2010 * 2006 ~ 2007 6
Slide 7: Financial Performance
Financial Performance ) * 5.22 + 25.87 5.05 * 19.47 17.74 3.80 17.70 3.64 3.60 13.81 3.38 * :% 2.45 : 2.50 * 2.00 2.00 0.60 0.50 0.40 0.30 0.40 * 2006 * 2007 2008 2009 2010 2006 2007 2008 2009 2010 * 2006 – 2007 % & ' ( , * 2008 ~ 2010 * 2010 , ( - % . / 0 1 2 7
Slide 8: 1,490, x15, x47 : / : : / : : / / / /
1,490, x15, x47 : / : : / : : / / / / / / 8
Slide 9: A Turnkey Test and Automation Solution Provider
A Turnkey Test and Automation Solution Provider 2009 2010 * Services & Others included general services, EV business and government projects. 9
Slide 10: ‘lest
‘lest Autos @Solution=: Sroviders
Slide 11: " LED
1,752 • : $ 12.14 1,500 58% 31% 6% 55% 53% 52% 52% 54% 1,214 1,174 • : 53% 53% 1,150 42% 960 • : 25% 32% 30% : : 799 27% • : $ 2.88 25% 24% 21% 22% 54% 16% 536 • 2010 : ! "LED (2%) # $ % $ & ' ( ) * + 1Q’09 2Q’09 3Q’09 4Q’09 1Q’10 2Q’10 3Q’10 4Q’10 11
Slide 12: Quarterly income statement
99 / 4’2010 % 3’2010 % 4’2009 % (: ) % % 1,214 100.0% 1,752 100.0% (31%) 1,150 100.0% 6% 3 4 5 6 (577) (47.5%) (804) (45.9%) (28%) (549) (47.7%) 5% 637 52.5% 948 54.1% (33%) 601 52.3% 6% 7 8 3 (194) (16.0%) (229) (13.0%) (15%) (186) (16.2%) 4% (143) (11.7%) (166) (9.5%) (14%) (141) (12.3%) - 300 24.
Slide 13: Annual income statement (consolidated)
99 / 2010 % 2009 % (: ) % 5,640 100.0% 3,444 100.0% 64% 3 4 5 6 (2,544) (45.1%) (1,700) (49.4%) 50% 3,096 54.9% 1,744 50.6% 78% 7 8 3 (867) (15.4%) (624) (18.1%) 39% (603) (10.7%) (481) (14.0%) 25% 1,626 28.8% 639 18.5% 154% 9 490 8.7% 346 10.0% 42% 9 : ; (130) (2.3%) (25) (0.7%) 420% < = (> ? ) 1,9
Slide 14: Annual income statement (parent)
99 / ( ) 2010 % 2009 % (: ) % 14,886 100.0% 10,914 100.0% 36% 3 4 5 6 (10,614) (71.3%) (8,294) (76.0%) 28% 4,272 28.7% 2,620 24.0% 63% 7 8 3 (1,548) (10.4%) (1,144) (10.5%) 35% (628) (4.2%) (506) (4.6%) 24% 2,096 14.1% 970 8.9% 116% 9 146 1.0% 91 0.8% 60% 9 : ; (167) (1.1%) (58) (0.5%) 188% < = (> ?
Slide 15: Balance sheet and cash flow items
! " # ( ) 12. 2010 12. 2009 +/-% ) * c d e * f F g 665 403 + 65% h 4 1,367 1,008 + 36% i D j k 200 790 - 75% C D j k - - - % b 7,558 6,449 + 17% 9,634 8,488 + 14% h 4 l m n a 170 221 o p q l m n a 117 148 o r p q l m n a 90 86 j k F g (%) - 6% (%) 26% 14% (%) 20% 11% ! " # $ ( ) %4’ 2010 %3’ 2010 &
Slide 16: SEN
SEN lest toz aiutos, Sroviders
Slide 17: Power Electronics Testing / Component Testing sales by product
$ % & ' ( () * ) 2010 (: ) % & ' 2010 % 2009 % Power Electronics 503 41.4% (26%) 2,199 39.0% 1,240 36.0% 77% Testing Component Testing 99 8.2% (21%) 416 7.4% 297 8.6% 40% Video Color Testing 22 1.8% (65%) 233 4.1% 157 4.6% 48% LCM Testing 50 4.1% (38%) 408 7.2% 422 12.3% (3%) IC Testing 118 9.7% (28
Slide 18: Innovation, Integration Capability, Market Penetration
$ % & ' ( () % * ) Innovation, Integration Capability, Market Penetration Unit: Sales in million NTD / % of Sales $ 2,677 $ 4,208 $ 4,158 $ 3,444 $ 5,640 4% 5% 17% 31% 61% 47% 48% 40% 44% * Clean Technology included solar, LED, battery cell formation and EV OEM business. 18
Slide 19: 2011 outlook
2011 + , 2010 ( 931%) LED ( 329%) ( 77%) 2011 ! " # $ % & ' ( ) * + , - . / 0 1 2 * 3 4 5 6 7 8 9 : ) * ; < = > ? @ A B C D 2011E $ F G H I E $ ( J K $3.8L E M E $ ( J K 0.4L 19