Gcs Holdings, Inc. · TPEX:4991
Gcs — Q1 2016 Earnings Presentation
21 slides from Gcs's earnings presentation, May 6, 2016
Slide 1: Q1 2016 Quarterly Online Investor Conference
環宇 芯系天下 March 3, 2016 Q1 2016 Quarterly Online Investor Conference (線上法說會) May 6, 2016
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, Director & Special Assistant to CEO Market Overview: 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) 1Q16 1Q16 1Q16 4Q15 1Q15 Over Over 4Q15 1Q15 Net Operating Revenue 463,785 472,018 357,248 -1.7% 29.8% Gross Profit 233,853 230,871 132,702 1.3% 76.2% Gross Margin 50.4% 48.9% 37.1% Operating Expenses (142,457) (117,614) (94,012)
Slide 6: Non-operating Income and Expenses - QoQ
Non-operating Income and Expenses- QoQ (in NT$ thousands) 1Q16 1Q16 1Q16 4Q15 1Q15 Over Over 4Q15 1Q15 Other Income 523 1,022 75 -48.8% 597.3% Other Gains and Losses Net losses on financial liabilities at fair value through (56,070) (37,665) 0 48.9% - profit or loss Net currency exchange gain or (lo
Slide 7: Balance Sheet Highlight & Key Indices
Balance Sheet Highlight & Key Indices Selected Items from Balance Sheet (in NT$ thousands) 1Q16 4Q15 1Q15 Amount % Amount % Amount % Cash and Cash Equivalent 1,258,482 46% 1,237,513 49% 569,298 39% Accounts Receivable 234,699 9% 205,006 8% 151,296 10% Inventory 348,075 13% 331,800 12% 302,882 21% Av
Slide 8: Cash Flows
Cash Flows (in NT$ thousands) 1Q16 4Q15 1Q15 Beginning Balance 1,237,513 1,197,929 527,385 Cash from Operating Activities 71,307 126,706 57,997 Acquisition of property, plant and equipment (35,539) (19,632) (6,548) Acquisition of available-for-sale financial assets 0 (41,786) - Repayments of long-te
Slide 9: Revenue Product Mix % - QoQ
100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Revenue Product Mix % - QoQ 1Q 2015 2Q 2015 3Q 2015 =| RF @Opto 4Q 2015 1Q 2016
Slide 10: Revenue Mix (K USD) vs Gross Margin
Revenue Mix (K USD) vs Gross Margin 9
Slide 11: Market Overview
MARKET OVERVIEW 10
Slide 12: More Traffic 5G
More Traffic 5G 4K/8K 超高清 VR Smart Home IoT 自動駕車 11
Slide 13: 5G Enhanced mobile broadband (eMBB)
5G Enhanced mobile broadband (eMBB) - 20Gbps Massive machine-type communications (mMTC) - 1M Square Meters Ultra-reliable, low latency communications(uRLLC) - 时延达到1毫秒 12
Slide 14: Optoelectronic Market
Optoelectronic Market 環宇 芯 TO-CAN TOSA/ROSA Transceiver /BOSA • 4G: 2015 WW LTE user 1.68B (年增107%) • Global Fiber Optic Component market: US$42 billion 2017 - continuously growing demand for bandwidth - the ensuing need for fibre-based broadband - robust growth in mobile internet - stronger FTTx re
Slide 15: GaAs RF Market
GaAs RF Market $8.1B 5G & 802.11AC will drive Further growth More RF Contents: MIMO Antenna Carrier Aggregation More Frequency Bands 14
Slide 16: GaAs RF Foundry Market
GaAs RF Foundry Market (16.6% growth) Source: Strategy Analytics 15
Slide 17: Power Electronics Market
Power Electronics Market GCS has both GaN-based and SiC-based Technologies In-place. 16
Slide 18: Power Electronics Market
Power Electronics Market Source 4M EV = 100,000 6” SiC wafers Source: Global Wafers 17
Slide 19: Applications & Markets
Applications & Markets Power RF Optoelectronics Electronics RFIC、HEMT、pHEMT、HBT, GaN/Si、GaN/SiC、 PD, APD, VCSEL, FP/DFB LD, 40G Photonic Integrated Circuits, InP HBT, GaN/Si、GaN/SiC SiC… 2D Image Sensors …… 100G 400G Wireless Power Data Consumer/ Fiber Optical （mobile + Infrastructure Electronics Ce
Slide 20: Q&A
Qka&A 19
Slide 21: For further inquiry
環宇芯系天下 For further inquiry investors@gcsincorp.com 20