17 slides from Actions Technology Co., Ltd. Class A's investor presentation, January 2012
Slide 1: Investor Presentation
Investor Presentation January 2012
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements concerning signs of positive indicators in the
Slide 3: Investment Highlights
Investment Highlights Market Leader in Traditional Portable Multimedia SOC – Market leader for non-apple portable audio product – Market leader in portable video player with gaming and video capturing – Rapid market share growth in automotive audio and boom box market – Rapid market share growth i
Slide 4: Strong Position in Growing Markets
Strong Position in Growing Markets Non-Apple Market Shipments by Segment Strength 350 •70%+ market share in color (M pcs) display segments 310 300 260 Android MID •Leading position(70%+) in mainstream/high-end 250 Automotive Audio/Boom Box 210 PMP & 200 Derivative •70% market share in QVGA /D1 PMP s
Slide 5: Expanding Total Available Market
Expanding Total Available Market Non-Apple Market TAM for Actions’ Products by Segment 1000 ($M USD) $920 900 800 700 $660 600 Android MID 500 $410 400 300 200 100 PMP & Derivative Automotive & Boom Box 0 MP3 Player FY 2011 FY 2012 FY 2013 Source: Company estimates
Slide 6: Mobile Internet—The big trend giving new life to portable multimedia devices
Mobile Internet—The big trend giving new life to portable multimedia devices Connectivity Brings New Life – Tablet – Blue Tooth or Wi-Fi enabled MP3 – Blue Tooth or Wi-Fi enabled Boom Box – Streaming video player Everything Gets Smarter – Smart phone – Smart audio and video player – Smart TV
Slide 7: Strong Potential in Tablet Market
Strong Potential in Tablet Market Global Market Opportunity 2011-2015 Global market forecast by Gartner (Million) 2011 2012 2013 2014 2015 Media Tablet 69.1 114.6 169.7 235.7 318.3 China Market Opportunity
Slide 8: Opportunity in Entry and Mainstream Tablet Market
Opportunity in Entry and Mainstream Tablet Market Displaysearch: White-box tablet OEM shipped White-box 10.6% in Q1’11(DS’s 19.6% white box tablet = low-end Apple 53.6% High/mid-end brands brands and white brands) 26.8% China Tablet players estimation: low/med-end Whitebox High/mid brands Apple
Slide 9: Three Mobile Product Platforms
Three Mobile Product Platforms Tablet Mobile Internet Cloud Service 性能 Boombox Learning Machine Automobile Use MP3 Gaming PMP TV Mobile Audio Mobile Video and Gaming
Slide 10: Centric Position in Value Chain
Centric Position in Value Chain Upstream Partnerships Downstream Development Ecosystem Cost Advantage Better Time to Market and Pricing Power Foundry Software VARs Manufacturers Customers Hejian Design UMC 30+ China Global & Houses 100’s of focus Regional China-based resellers OEMs pla
Slide 11: Actions' Near Term Focus and Plan
Actions’ Near Term Focus and Plan Global Business Development – For Non- Apple MP3 market, Actions owns 40% overall market share and 60% global OEM market share – PMP products rapidly penetrating emerging markets via distributors and local branding partners in China, South America, EU & US – Boom
Slide 12: Strong Financials & Investments
Strong Financials & Investments Healthy Financial Position – $220.6 million in net cash, with positive operating cash flow since IPO – Low risk asset allocation: 80%+ in RMB cash, highly liquid, principle-guaranteed by China’s state-owned financial institutions M&A Activities – In-house VC, coup
Slide 13: Share Repurchase Program
Share Repurchase Program Significant Progress – As of December 31, 2011, $41.4 million invested to repurchase 17.7 million ADSs Top Priority for the Company – Create long-term shareholder value – Open to all possible ways of optimizing long-term buyback costs
Slide 14: Solid Balance Sheet
Solid Balance Sheet (US$ Million) 12/31/’11 9/30/’11 Total assets 309.1 308.2 Shareholders’ equity 278.3 278.2 Net cash * 220.6 222.8 Net cash per share * $3.19 $3.20 * Includes cash & cash equivalents and marketable/trading securities
Slide 15: Income Statement
Income Statement 4Q’11 3Q’11 2Q’11 (US$ Million) Revenue $12.3 $15.3 $10.5 Gross profit $4.6 $6.2 $4.0 Gross margin 37.6% 40.6% 37.9% Net Income/(Loss) $(0.11) $2.6 $0.5 Earnings per ADS $0.00 $0.04 $0.007
Slide 16: 2012 Strategic Initiatives
2012 Strategic Initiatives Ramping new products for advanced applications in Android MID, tablet, game, TV box, HD PMP w/DV Completing product portfolio in fast growing segments, e.g., boom box, automotive Enhancing R&D capability by organic growth and M&A Continuing cost reductions & techno
Slide 17: Thank You
Tit Lib T Thank You