Working on Better Solutions. Company Profile. Aug. 7, 2008

Transcription

1 Working on Better Solutions 2008 Company Profile Aug. 7, 2008

2 Performance- Status No.1 Leader of precision test and measurement equipment & systems in Taiwan. Power Supply Testing Video & Color Testing Taiwan No.1, Worldwide TOP 3 Passive Component Testing Electrical Safety Testing LED Testing VLSI/SOC IC testing platforms, ASFT for Graphic IC, CIS, and other applications Expansion in AOI applications and Nanometer Optical Measurements Asia NO.1 Taiwan NO.1 LCD/LCM production test equipment for Tier-one key accounts Turn-key Solution for Solar Cell & Module Manufacturing Execution System Unique Turn-key Solutions Provider- Testing + Automation + MES 2

3 Income Statement (Parent only) QoQ Comparison NT$ Million 2Q 07 1Q 08 2Q 08 QoQ YoY Amt % Amt % Amt % % % Net Sales Cost of Sales Unrealized Gross Profit Gross Profit Operating Exp. General & Admin. R & D Exp. Operating Income Non-Operating Income Non-Operating Exp. Income before Tax Income Tax Net Income 1, % % % % % 1, % % 159*** 139*** % % % 1, % 570 (5) % % 117 ** % * 31% 10% 3% -2% 18% 16% 16% 5% -11% 7% -% EPS(NT$) *Proforma Net Income 442M(13% YOY Growth) including employee bonus 50M. **2Q 08,Income from investments: 13M from 100% Subsidiaries, -5M from Gold Wire Business. 35M from MAS Automation. ***Adjust reallocation Base for Employee Bonus in 2Q. 3

4 Income statement (Parent only) NT$ Million 1H 07 1H 08 YoY Amount % Amount % % Net Sales Cost of Sales Gross Profit Operating Exp. General & Admin. R & D Exp. Operating Income Non-Operating Income Non-Operating Exp. Income before Tax Income Tax Net Income EPS (NT$) 1, % 782 1, % % % % % 2.33 *** 2, % 1,057 1,346 56% % % 239 ** % * 30.4% 2.23 *** 21% 12% 26% -1% 4% 1% *Proforma Net Income 831M and EPS2.54 (15% YoY Growth) including employee bonus 100M. **1H 08,Income from investments: 33M from 100% Subsidiaries, 23M from Gold Wire Business. 50M from MAS Automation. ***Outstanding Shares: M Shares, M Shares. 4

5 Income statement (Consolidated) NT$ Million 1H 07 1H 08 YoY Amount % Amount % % Net Sales Cost of Sales Gross Profit Operating Exp. General & Admin. R & D Exp. Operating Income Non-Operating Income Non-Operating Exp. Income before Tax Income Tax Minority Interest Net Income 5, % 4,105 1, % % % % 7, % 5,374 1, % % % % 24% 8% -5% -2% 1% 5

6 Financial Performance H 08 Total Assets 6,750 7,276 7,975 9,925 10,637 Shareholders Equity 4,219 4,615 4,963 6,482 5,849 Cash Flow from Operation ROA * ROE * EPS Dividend- Cash Stock * 1H Only 6

7 Sales By Testing Solution NT$ Million Product H 07 1H 08 Power Supply Testing Video Color Testing Component Testing LCM Testing IC Testing LED Testing Solar Power Testing Customized System Sales 1, YOY 5% -10% 14% 55% -21% 2% Sales 1, YOY 14% 4% 17% 15% 374% -8% Sales 1, , YOY 3% 5% -2% 28% 288% Sales Sales YOY 32% -26% 16% -45% 48% 71% 4% Service & Others % % Total 2,492 6% 3,203 29% 4,208 31% 1,981 2,402 21% 7

8 2H08 Guideline Global economy slow down will affect short term sales growth, add uncertainty to 2H outlook. Power Supply ATS, Automated System Function Tester (ASFT), Solar Cell Inspection Sorting System, LED ATS are strong growth drivers. Promote new Solar Power ATS, ASFT for Non- Semicon Products, Programmable DC Power Sources, LED test systems, and LED Light Bar testing systems. Strengthen Sales Activity in Japan and US. Continue to grow Testar Electronics Corp in LED testing service business. 8

9 Products- Industry Applications Test Solution Industry 2008 SAM (USD Million) Power Supply Passive Component TV/ Monitor LCM IC LED Nano Product Solar Automotive Power Supply Passive Component Electrical Safety Video and Color LCD/LCM IC Parametric / ASFT AOI LED Solar Power 85 9

10 Business Roadmap Technology Turn-Key Solutions Platform & Service Provider Test Equipments Process Automation MES Test Solutions Provider Test Equipments Supplier Year

11 Turn-key Solution-case 1 Turn-key Solution TFT-LCD Production Array Cell Module Data Management Process Automation INTRANET for Computer Integrated Manufacture (CIM) Motion & Robotic Electronic Testing Assembly Test Aging Oven Test White Balance Test Final Display Test QC Test LCM Tester Automated Panel Inspection Pattern Generator Card Signal Control Card DC Power Supply LCM ATS Color Analyzer LCM ATS Automated Panel Inspection Pallet Module LCM ATS 11

12 Turn-key Solution-case 2 Integrated Image Sensor Production Wafer Test Dicing Die Bond Wire Bond Encapsulation Final Test Electronic Testing Capture Image Test Electrical Function Test Particle Inspection IC Handler Image Process Software IC Handler VLSI Test System IC Handler AOI 12

13 New Business Expansionfor Solar Power Crystalline Silicon Solar Power Manufacturing Process Silicon/Wafer Cell Module System Solar Power Turn-key Solution Solar Cell Inspection System Solar Cell Printing Inspector Solar Cell Color Classification System Solar Cell Micro-crack Inspector * Solar Cell I-V Tester * EVA Cutter Lay-up Station Process Automation PV Inverter Tester - AC Source - DC Power Supply -Power Meter *Underdeveloping 13

14 New Business Expansionfor IC Testing Automatic System Function Tester Model 314X Model 326X Model 327X Model 328X APPLICATIONS CPU CPU HDMI CIS SD Cards Chipset Chipset GPS Power Device Memory Stick Graphics Graphics WiMax / WiFi RF MMC DVD DVD Power Device Flash Memory USB USB UM Device CIS CIS RF RF UM Device Bluetooth 14

15 Growth Proliferation Solar Industry LED Industry Semiconductor Industry Automotive Industry Nano Product Industry LCM Industry IT Industry Power Supply Monitor Component/Safety 15

16 Thank you very much 16