Slide 1: Catcher Technology 2016 Q1 Earnings Conference
Catcher Technology 2016 Q1 Earnings Conference 2016/05/05 Investor Relations 20130805
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: 1Q16 Business Review
1Q16 Business Review Catcher Confidential 2016
Slide 4: 1Q 2016 vs. 4Q 2015 P/L
1Q 2016 vs. 4Q 2015 P/L 1Q16 4Q15 (In NTD mn) Amount % Amount % q-q Revenue 16,843 100.0% 23,479 100.0% -28.3% Gross Profit 7,211 42.8% 10,532 44.9% -31.5% Op. Expenses 1,407 8.4% 2,483 10.6% -43.3% Op. Profit 5,804 34.5% 8,048 34.3% -27.9% NPBT 5,686 33.8% 9,305 39.6% -38.9% NPAT 4,159 24.7% 7,068
Slide 5: 1Q 2016 vs. 1Q 2015 P/L
1Q 2016 vs. 1Q 2015 P/L 1Q16 1Q15 (In NTD mn) Amount % Amount % y-y Revenue 16,843 100.0% 17,400 100.0% -3.2% Gross Profit 7,211 42.8% 8,109 46.6% -11.1% Op. Expenses 1,407 8.4% 1,866 10.7% -24.6% Op. Profit 5,804 34.5% 6,243 35.9% -7.0% NPBT 5,686 33.8% 6,250 35.9% -9.0% NPAT 4,159 24.7% 4,652 26.7
Slide 6: Quarterly Revenue & GP Margin
Quarterly Revenue & GP Margin 60.0% Sales Revenues (NT$ mn) Gross Margin 23,479 22,000 52.3% 21,405 49.2% 50.0% 48.8% 47.9% 47.4% 46.5% 47.1% 46.3% 44.9% 45.2% 44.5% 44.5% 46.6% 44.9% 20,129 42.8% 42.0% 41.7% 41.7%41.7% 17,400 41.2% 17,014 16,843 40.0% 17,000 40.0% 41.3% 14,529 13,115 13,319 30.0% 1
Slide 7: Operating Profit & Margins
Operating Profit & Margins 45.0% Opearting Profit (NT$ mn) Operating Margin 8,500 42.1% 38.7% 8,048 40.0% 37.6% 7,509 37.6% 7,625 36.5% 7,500 36.2% 37.3% 34.5% 34.5% 34.6% 34.7% 35.9% 35.0% 34.0% 35.6% 34.3% 31.9% 31.4% 31.7% 30.4% 30.8% 6,202 6,243 6,500 31.1% 30.0% 28.4% 5,804 5,457 25.0% 5,500 5,
Slide 8: 2000-1Q16 EPS Trend
2000-1Q16 EPS Trend 35 32.61 30 25 23.52 20 18.38 15.68 14.93 14.4 15 13.93 13.29 10 9.25 7.25 6.66 6.34 5.01 5.40 5 4.3 2.4 2.44 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1Q16 8 Catcher Confidential 2016
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet * IFRS (In NTD mn) 1Q16 4Q15 1Q15 Total Assets 170,826 100% 171,580 100% 140,358 100% Cash 68,251 40% 65,679 38% 46,310 33% Current Asset 104,524 61% 103,551 60% 80,328 57% Fixed Asset 57,139 33% 58,738 34% 48,034 34% Total Liabilities 52,385 31% 55,614 32% 40,895 29% Curr
Slide 10: Cash Flow
Cash Flow (NT$ mn) 1Q16 1Q15 Beginning Balance 65,679 48,119 Cash from operating activities 4,576 3,418 Depreciation & Amortization 2,836 2,193 Cash from investing activities (2,272) (4,933) Capital Expenditure (2,383) (5,307) Cash from financing activities 1,151 432 Short-term & Long-term loans 1,4
Slide 11: Appendix
Appendix Catcher Confidential 2016
Slide 12: Annual Revenue (2000 ~ 2015)
Annual Revenue (2000 ~ 2015) Sales Revenue (NT$ bn) 90 82.41 80 70 60 CAGR=32.6% 55.28 50 43.25 35.9 37.03 40 30 21.85 20 18.09 19.05 16.99 15.14 9.59 10 5.01 1.85 3.4 1.19 1.01 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 12 Catcher Confidential 2016
Slide 13: Gross Margin & Net Profit (2000~ 2015)
Gross Margin & Net Profit (2000~ 2015) 60.0% 30,000 Net Profit (NT$bn) Gross Margin 52.2% 25,121 50.0% 50.5% 25,000 48.1% 47.0% 47.2% 46.3% 47.1% 43.6% 43.3% 42.4% 42.5% 41.5% 40.0% 39.9% 20,000 35.5% 17,877 36.4% 35.3% 30.0% 15,000 13,801 10,665 10,812 20.0% 10,000 7,216 6,470 10.0% 4,361 4,447 5,0
Slide 14: 2015 vs. 2014 P/L
2015 vs. 2014 P/L 2015 2014 (In NTD mn) Amount % Amount % y-y Revenue 82,413 100.0% 55,277 100.0% 49.1% Gross Profit 38,147 46.3% 26,101 47.2% 46.1% Op. Expenses 8,721 10.6% 6,076 11.0% 43.5% Op. Profit 29,426 35.7% 20,025 36.2% 46.9% NPBT 34,697 42.1% 23,545 42.6% 47.4% NPAT 25,121 30.5% 17,877 32.
Slide 15: Catcher Technology
Catcher Technology – Innovative Leader in Casing http://www.catcher-group.com IR@catcher-group.com 15 Catcher Confidential 2016