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Catcher Technology Co., Ltd. Interim / Quarterly Report 2015

Nov 6, 2015

52109_rns_2015-11-06_bde68b47-7f91-4a6c-8ec0-fa9bb36a4370.pdf

Interim / Quarterly Report

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可成科技 (Catcher Technology)

2015 第三季營運成果說明

投資人關係 2015/11/06

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免責聲明

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”, or “will”. “intends”, “plans”, “believes”, “seeks”,

Forward-looking statements involve inherent risks and uncertainties. We caution that a number of you important factors could cause actual results to different materially from those contained in statement. Such any forward-looking factors but are not limited to: our include, highly competitive the nature of our our environment; cyclical business; ability to develop new products; and our successful execution in new business developments.

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2015 Q3 財務概況

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Catcher Confidential 2015
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集團合併損益表 (2015 Q3 vs. 2015 Q2)

(In NTD mn)
營業收入
營業毛利
營業費用
Amount %
21,405
100.0%
9,958
46.5%
2,333
10.9%
3Q15
Amount %
q-q
20,129
100.0%
6.3%
9,548
47.4%
4.3%
2,039
10.1%
14.4%
2Q15
營業淨利
稅前淨利
稅後淨利
基本每股盈餘
EBITDA
7,625
35.6%
10,981
51.3%
8,154
38.1%
10.58
$
10,245
47.9%
7,509
37.3%
1.5%
8,161
40.5%
34.5%
5,247
26.1%
55.4%
6.81
$ 3.77
9,860
49.0%
3.9%
  • •EBITDA = 營業淨利+折舊+攤銷

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集團合併損益表 (2015 Q3 vs. 2014 Q3)

(In NTD mn)
營業收入
營業毛利
營業費用
Amount %
21,405
100.0%
9,958
46.5%
2,333
10.9%
3Q15
Amount %
y-y
14,529
100.0%
47.3%
7,094
48.8%
40.4%
1,637
11.3%
42.5%
3Q14
營業淨利
稅前淨利
稅後淨利
基本每股盈餘
EBITDA
7,625
35.6%
10,981
51.3%
8,154
38.1%
10.58
$
10,245
47.9%
5,457
37.6%
39.7%
6,293
43.3%
74.5%
4,811
33.1%
69.5%
6.36
$ 4.22
6,866
47.3%
49.2%
  • •EBITDA = 營業淨利+折舊+攤銷

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集團合併損益表 (2015 9M vs. 2014 9M)

(In NTD mn)
營業收入
營業毛利
營業費用
Catcher Confidential
營業淨利
稅前淨利
稅後淨利
基本每股盈餘
EBITDA
Amount
%
58,934
100.0%
27,615
46.9%

106%
9M15
Amount
%
y-y
38,264
100.0%
54.0%
17,954
46.9%
53.8%
4 132
10 8%
51 0%
9M14
6
,
.
.
13,823
36.1%
54.7%
15,588
40.7%
62.9%
11,439
29.9%
57.8%
15.11
$ 8.32
$ 18,194
47.5%
56.9%
6 238

,
.
21,377
36.3%
25,392
43.1%
18,053
30.6%
23.43
$
28,542
48.4%
2015

營業收入 ( )x 毛利率

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60.0%
Sales Revenues (NT$ mn) Gross Margin
22,000 52.3% 21,405
50.0%
49.2%48.8%47.9% 47.4%
47.1%
46.3% 46.5%
45% 45.2% 46.6%
44.5% 44.5%
20,129
42.0% 41.7% 41.7% 41.7%
17,000 40.0% 41.2% 41.3% 17,014 [17,400 ] 40.0%
14,529
13 319,
13,115 30.0%
12,000
10,773
10,460 10,438 10,416
9,912
9,646
9,232 20.0%
8,897 9,147 8,656 8,815
7,096
7,000
10.0%
2,000 0.0%
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15
Catcher Confidential 2015 7
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營業淨利 & 營業淨利率

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45.0%
Opearting Profit (NT$ mn) Operating Margin
8,500 42.1%
38.7% 40.0%
37.6%
37.6% 7,509 7,625
36.5%
7,500 36.2% 37.3%
34.6% 34.6% 34.7% 35.9% 35.0%
34.0% 35.6%
31.4%
31.9% 31.7%
6,500 30.4% 31.1% 30.8% 6,202 [6,243 ] 30.0%
28.4%
5,457 25.0%
5,500
5,157
20.0%
4,533
4,500
4,113
15.0%
3,627
3,441
3,500 3,222 3,341 3,371 3,245 3,208
2,930 10.0%
2,814
2,632
2,500
5.0%
2,018
1,500 0.0%
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15
Catcher Confidential 2015 8
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2000-9M15 基本每股盈餘趨勢

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25
23.52 23.43
20
18.38
15.68
14.93
15 13.93 14.4
13.29
10 9.25
7.25
6.66
6.34
5.01
5 4.3
2.4 2.44
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 9M15
Catcher Confidential 2015 9
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集團合併資產負債表

* IFRS

(In NTD mn)
總資產
現金及約當現金
流動資產
固定資產
3Q15
161,048
100%
49,004
30%
93,129
58%
58,185
36%
2Q15
3Q14
145,370
100%
118,769
100%
43,348
30%
48,192
41%
82,067
56%
72,199
61%
54,120
37%
35,473
30%
總負債
流動負債
長期負債
母公司股東權益
負債及股東權益總計
每股淨值
50,306
31%
41,931
26%
8,375
5%
110,553
69%
161,048
100%
143.5
46,211
32%
33,359
28%
38,035
26%
27,494
23%
8,176
6%
5,864
5%
98,992
68%
85,231
72%
145,370
100%
118,769
100%
128.5
112.6

•每股淨值以2015年前九個月加權平均流動股數770,391仟股為計算基準

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現金流量表

(NT$ mn) 期初現金

(NT$ mn) 9M15 9M14 期初現金 48,119 39,378 營運活動之現金流入 ( 出 ) 14,079 19,409 折舊 & 攤銷 7,164 4,371 投資活動之現金流入 ( 出 ) (16,090) (5,722) 資本支出 (16,735) (10,020) 融資活動之現金流入 ( 出 ) 1 , 684 (5 , 537) 長短期借款 6,322 (5,480) 匯率影響數 1,212 663 現金水位變化 884 8,814 期末現金 49,004 48,192 EBITDA 28,542 18,194 自由現金流量 (2,657) 9,389

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參考附錄

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Catcher Confidential 2015
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營收成長 (2000 ~ 2014)

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Sales Revenue (NT$ bn)
60
55.28
50
43.25
40 CAGR=31.5%
37.03
35.9
30
21.85
20 18.09 [19.05]
16.99
15.14
9.59
10
5.01
3.4
1.85
1.19 1.01
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Catcher Confidential 2015 13
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毛利率 & 稅後淨利 ( 2000~ 2014 )

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60.0% 20,000
Net Profit (NT$bn) Gross Margin
17,877
18,000
52.2%
50.0% 50.5%
48.1% 47.0% 16,000
47.1% 47.2%
43.6% 43.3% 42.4%
42.5% 41.5% 14,000
13,801
40.0% 39.9%
35.5%
36.4% 12,000
35 . 3% 10 , 665 [10,812]
30.0% 10,000
7,216 8,000
6,470
20.0%
6,000
4,361 4,447
3,797
3,331 4,000
10.0%
1,735
2,000
983
252 305 327
0.0% -
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Catcher Confidential 2015 14
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集團合併損益表 (2014 vs.2013)

(In NTD mn)
營業收入
營業毛利
營業費用
Amount
%
55,277
100.0%
26,101
47.2%
6,076
11.0%
2014
Amount
%
y-y
43,246
100.0%
27.8%
18,321
42.4%
42.5%
4,405
10.2%
37.9%
2013
營業淨利
稅前淨利
稅後淨利
基本每股盈餘
EBITDA
20,025
36.2%
23,545
42.6%
17,877
32.3%
23.52
$
26,092
47.2%
13,916
32.2%
43.9%
17,528
40.5%
34.3%
13,801
31.9%
29.5%
18.38
$ 5.14
$ 19,141
44.3%
36.3%
  • •EBITDA = 營業淨利+折舊+攤銷

  • •基本每股盈餘計算基準以2014全年度加權平均流動股數760,097仟股

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Catcher Technology

– Innovative Leader in Casing

http://www.catcher-group.com [email protected]