Catcher Technology Co., Ltd. · TWSE:2474
Catcher Technology — Q1 2013 Earnings Presentation
12 slides from Catcher Technology's earnings presentation, May 6, 2013
Slide 1: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing 2013 Q1 Earnings Conference Investor Relations 2013/5/6 CATCHER
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: 1Q13 Business Review
1Q13 Business Review Catcher Confidential 2013
Slide 4: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (NTD MM) 1Q13 % 4Q12 % 1Q12 % Total Assets 110,420 100% 101,360 100% 90,603 100% Cash 47,015 42.6% 45,400 44.8% 41,719 46.0% Current Asset 27,316 24.7% 21,160 20.9% 16,511 18.2% LT Investment 1,797 1.6% 1,734 1.7% 1,686 1.9% Fixed Asset 32,072 29.0% 31,080 30.7% 27,
Slide 5: 1Q 2013 Consolidated P/L
1Q 2013 Consolidated P/L * IFRS * un-Audit * IFRS (NTD MM) 1Q13 % 4Q12 % QoQ 1Q12 % YoY Revenue 9,232 100.0% 9,912 100.0% -6.9% 8,656 100.0% 6.7% Gross Margin 3,852 41.7% 4,412 44.5% -12.7% 3,561 41.1% 8.2% Op Exp. 922 10.0% 1,041 10.5% -11.5% 929 10.7% -0.8% Op Income 2,930 31.7% 3,371 34.0% -13.1%
Slide 6: Quarterly Revenue
Quarterly Revenue (NT$ Million) Revenue x Gross Margin Rate 18000 60.0% 52.3% 15000 47.1% 46.3% 50.0% 45.2% 44.5% 40.0% 41.1% 42.0% 41.7% 12000 10773 40.0% 9646 9912 8897 9147 8815 9232 8656 9000 30.0% 7096 6000 20.0% 3000 10.0% 0 0.0% 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 Sales Revenue Gross
Slide 7: Operating Profit & Margins
Operating Profit & Margins Operating Profit & Margin Rate (NT$ Million) 50.0% 6000 42.1% 36.2% 37.6% 40.0% 5000 34.6% 4533 31.9% 34.0% 31.7% 28.5% 30.4% 4000 30.0% 3222 3441 3341 3371 2814 2930 3000 2632 20.0% 2018 2000 10.0% 1000 0 0.0% 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 Operating Income
Slide 8: Cash Flow
Cash Flow * IFRS (NTD MM) 2013 Q1 2012 Q1 Beginning Balance 45,400 35,542 Cash from operating activities 7,375 4,551 Capital expenditures (2,835) (559) Cash Dividends 0 0 Short-term & Long-term loans 1,967 428 Proceeds from GDR & bonds 0 0 Investments and others (4,892) 1,757 Ending Balance 47,015 4
Slide 9: Appendix
Appendix Catcher Confidential 2013
Slide 10: Annual Revenue (2000 ~ 2012)
Annual Revenue (2000 ~ 2012) NT$ Billion 50 45 40 37.03 35.9 35 30 CAGR = 30.3% 25 21.85 20 18.09 19.05 16.99 15.14 15 9.59 10 5.01 5 3.4 1.19 1.01 1.85 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Sales Revenue Catcher Confidential 2013 11
Slide 11: Gross Margin & Net Profit after TAX
Gross Margin & Net Profit after TAX (2000~ 2012) Unit: NT Million ; % 16000 52.2% 50.5% 47.1% 50% 14000 48.1% 47.0% 43.6% 43.3% 42.5% 41.5% 39.9% 12000 36.4% 10,909 40% 35.3% 10,665 10000 35.5% 30% 8000 7,216 6,470 6000 20% 4,361 4,447 3,797 4000 3,331 10% 2000 1,735 983 252 305 327 0 0% 2000 2001 2
Slide 12: Thank you!
Thank you! Catcher Confidential 2013 13