2013 1H Financial Results & Business Outlook

Transcription

1 2013 1H Financial Results & Business Outlook 2013/9/24 By Alice Liu CEO of Avalue Technology Inc H Financial Results

2 Y2013 1H Financial Results (YoY) (NT$M) H H 2012 Net Sales 1,530 1,638 3,503 Net Operating Income Net Operating Income Ratio 7% 7% 7% Profit (After Tax) Profit Ratio 6% 6% 7% Capital EPS (NT$)

3 Y2013 1H Financial Highlights (YoY) (NT$M) H H 2012 Gross Profit Gross Profit Ratio 26.57% 24.61% 24.59% Operating Expenses Ratio 19% 18% 17% Net Operating Income Net Operating Income Ratio 7% 7% 7% --Gains on disposals of property, plant and equipment Other non-operating income Profit Before Tax Profit Before Tax Ratio 8% 8% 9% --Tax Expense Effective Tax Rate 27% 28% 25% EBIT EBITDA ROA 4.22% 4.93% ROE 7.63% 9.65%

4 Y2013 1H Financial Results (QoQ) (NT$M) Q Q Net Sales Net Operating Income Net Operating Income Ratio 6% 9% Profit (After Taxes) Profit Ratio 6% 6% Capital EPS (NT$)

5 Y2013 1H Financial Highlights (QoQ) (NT$M) Q Q Gross Profit Gross Profit Ratio 25.38% 27.89% Operating Expenses Ratio 19% 19% Net Operating Income Net Operating Income Ratio 6% 9% --Other non-operating income 2 7 Profit Before Tax Profit Before Tax Ratio 7% 10% --Tax Expense Effective Tax Rate 17% 34% EBIT EBITDA ROA 1.97% 2.26% ROE 3.51% 3.83%

6 Y2013 1H Financial Ratio - Balance Sheet (NT$M) 2013/6/ /6/ /12/31 Assets 2,293 2,209 2,058 Liabilities 1,116 1, Equity 1,177 1,048 1,178 Debt Ratio 49% 53% 43% Current Ratio 145% 140% 163% Quick Ratio 92% 95% 118%

7 2013 1H Financial Results - Sales Revenue & Profit by Quater NT$M 1,200 1, % 25.19% 1, % 26.03% 27.89% 25.38% 30% 25% % % % 7.71% 6.45% 5.35% 4.53% % Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 10% 5% 0% Net Sales Profit Gross Profit Ratio Profit Ratio

8 2013 1H Financial Results - Sales Revenue by Month NT$M Jan Feb Mar Apr May Jun Jul Aug 2012 Net Sales 2013 Net Sales

9 2013 1H Financial Results - Sales Revenue by Region 24% Europe 14% Asia North American Taiwan 7% 55% South American

10 Avalue Business Hightlight - Target Market Segments Healthcare Kiosk/POS Gaming Avalue Focused Segments Automation Digital Signage Handheld Transportation When scaling, group all elements to be scaled. Scale as needed. Use the Increase Font Size, Decrease Font Size buttons or manually change the font size for the editable text.

11 Sales Revenue by Applications 100% 80% 60% 40% 20% 0% 29% 28% 30% 23% 23% 21% 20% 26% 29% 28% 23% 20% Others Gaming POS/Kiosk Medical Segment Q1-Q3 (estimated) Medical 28% 23% 20% POS/Kiosk 20% 26% 29% Gaming 23% 23% 21% Others 29% 28% 30%

12 2013 1H Financial Results & Business Outlook 2013/9/24 張嘉哲 Philip Chang GM of Avalue Technology Inc. Business Outlook

13 Avalue New Organization X86 Embedded Computing X86 Applied Panel Computing ARM Embedded Solutions Healthcare Solutions Intelligent Systems & Services DMS SBC IMB x86 Panel PC Bedside Terminal POS Terminal ODM IMB SOM SIMB IMB BareBone System Rugged Tablet SBC Ergonomic Medical Tablet Digital Signage Solutions Intelligent Transportation system EMS Embedded System Embedded OS Rugged System Compact System SMARC Panel Appliance Medical Display Application Suite Bundled API Handheld Device Adaptor Remote System Management

14 Integration/Solutions Business Unit Value Dimension High The Era of SMART Healthcare Solutions X86 Applied Panel Computing Intelligent Systems & Services ARM Embedded Solutions DMS X86 Embedded Computing Mature Growing Potential Market Price (Value) High

15 Avalue Business Outlook Intelligent Systems & Services

16 Avalue Business Outlook Intelligent Systems & Services The Global POS Hardware and Software Market to Grow At A CAGR Of 7.84 Percent over the Period by Research and Markets How can Avalue win in Retail POS market? Avalue ISS Retail POS Solutions

17 Avalue Business Outlook Intelligent Systems & Services Intelligent Systems of Medical, Retail POS & Transportation Signage POS ITS Integrated Software & Hardware Add-on Services Improve Market Share & New Channel Development

18 Avalue Business Outlook Intelligent Systems & Services Application Suite SSD/HDD Embedded OS Avalue ISS API/3 party AP Integration AMT Remote System Management

19 Avalue Business Outlook Intelligent Systems & Services Application Suite Healthcare Digital Signage Home Automation Device Management and Diagnostics

20 Avalue Business Outlook Healthcare Solutions

21 Avalue Business Outlook Healthcare Solutions Overview of The Medical Market for Embedded Boards and Systems Total sales of embedded computer boards and systems to the medical market were estimated to have been $451.9 million in 2012, growth of 3.1% from Sales are projected to rise to $755.0 million in 2017, with a CAGR of 10.8% from 2012 to 2017 Source: IHS

22 Avalue Business Outlook Healthcare Solutions The top five suppliers from 2011 to 2012.

23 Avalue Business Outlook Bedside Terminal Market Size 30 hospital beds/per 10,000 population World Population B World Hospital Beds - 20M

24 Avalue Business Outlook Healthcare Solutions Technology Inc. Become the number I supplier in Point of Care solutions Establish a market focused Healthcare company (Remedi) Invest in Ergonomic expertise ( Folcrom) Create dedicated Healthcare solutions encompassing: - Hardware product solutions - Software support services - Ergonomic solutions

25 Avalue Business Outlook Total Solution of Healthcare (Hardware) Bedside In-Room Ward Mountings Peripherals Tablet 40 (Whiteboard) Articulating Arm A-Frame Arm Telescopic Arm Desk Mounts Trolley Mounts Bed Mounts Wall Mounts Cart Series Stand Series Keyboard Remote Control Barcode Scanner RFID Webcam Pillow Speaker Camera Phone Smartcard 25

26 Avalue Business Outlook Total Solution of Healthcare (Accessary) Keyboards Wall Arms Bedside Furniture Carts

27 Avalue Business Outlook Avalue has dedicated to developing the medical segment Avalue has institutionalized the ISO 13485:2003 certification since June 2013, thus committing ourselves to meeting the most up to date standards and ensure quality remains the standard for all Avalue made products. With the ISO 13485:2003 certification, we expect growing sales for health care segment. European Union, United States and Canada account for more than 70% of medical devices market globally. ISO 13485:2003 is the primarily quality management system for the EU, specifically for medical devices. As the world enters aging population stage, demand for medical devices will definitely increase. Meeting the ISO 13485:2003 requirement is a great achievement for Avalue thus showing our ability to provide products that consistently meet the requirements of customers and applications.

28 Avalue Business Outlook Avalue has dedicated to developing the medical segment Avalue is the leading company of healthcare segment, in 2013 Avalue is going to announce a brand new company - Remedi Technology, which is totally focus on marketing and selling Healthcare related products Remedi provides professional healthcare solutions, offers one-stop integrated marketing and innovation design. We expect Remedi will become a leading brand for Healthcare in the soon future with high quality and better innovative.

29 Q & A Dedicate to Customer s Success 2013/9/24 29